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DUMO-PROJECT

Active
Private limited company (pre-2019)founded 20197 yrs activeSpoorwegstraat 66, 8930 Menen, BelgiumKBO/BCE: BE 0724.840.913
Summary

DUMO-PROJECT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€25,840) and a net result of -€10,344. Equity is shrinking by ~25% per year across the filed fiscal years. Its solvency ranks better than 5% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-43
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.7 in 2024; short-term debt: 193.3% and cash: 17.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-93.3%
Return on assets
-37.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€25,840
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-09-2026, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
45 d late
2024
60 d late
2023
42 d late
2022
80 d late
2021
41 d late
2020
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 60 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 14 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 April 2019, DUMO-PROJECT was incorporated.1 Total assets went from EUR 11,690 in 2020 to EUR 27,701 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€25,840▼ 66.8%
2024 · -€15,496
Total assets
€27,701▼ 32.9%
2024 · €41,294
Net result
-€10,344
2024 · €2,609
Working capital
-€29,106▼ 72.8%
2024 · -€16,846
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€3,994▲ 33.9%-€12,113▼ 203%€2,472€5,433▲ 120%-€9,359
Net result-€4,205within the sector's middle half▲ 33.8%-€13,377below the sector's middle half▼ 218%€827within the sector's middle half€2,609within the sector's middle half▲ 216%-€10,344below the sector's middle half
Equity-€5,555below the sector's middle half▼ 311%-€18,932below the sector's middle half▼ 241%-€18,105below the sector's middle half▲ 4.4%-€15,496below the sector's middle half▲ 14.4%-€25,840below the sector's middle half▼ 66.8%
Total assets€18,512below the sector's middle half▲ 58.4%€18,768below the sector's middle half▲ 1.4%€5,144below the sector's middle half▼ 72.6%€41,294below the sector's middle half▲ 703%€27,701below the sector's middle half▼ 32.9%
Debt€24,067▲ 84.6%€37,699▲ 56.6%€23,249▼ 38.3%€56,791▲ 144%€53,541▼ 5.7%
Working capital-€8,575within the sector's middle half▼ 29.7%-€20,672within the sector's middle half▼ 141%-€19,603within the sector's middle half▲ 5.2%-€16,846within the sector's middle half▲ 14.1%-€29,106within the sector's middle half▼ 72.8%
Solvency-30.0%below the sector's middle half▼ 18.5pp-100.9%below the sector's middle half▼ 70.9pp-352.0%below the sector's middle half▼ 251.1pp-37.5%below the sector's middle half▲ 314.5pp-93.3%below the sector's middle half▼ 55.8pp
Current ratio0.64within the sector's middle half▲ 0.150.45within the sector's middle half▼ 0.190.16below the sector's middle half▼ 0.290.70within the sector's middle half▲ 0.550.46within the sector's middle half▼ 0.25
Return on assets (ROA)-22.7%below the sector's middle half▲ 31.6pp-71.3%below the sector's middle half▼ 48.6pp16.1%above the sector's middle half▲ 87.4pp6.3%within the sector's middle half▼ 9.8pp-37.3%below the sector's middle half▼ 43.7pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2021: -€3,994-€3,994Net result 2021: -€4,205-€4,205Operating result 2022: -€12,113-€12,113Net result 2022: -€13,377-€13,377Operating result 2023: €2,472€2,472Net result 2023: €827€827Operating result 2024: €5,433€5,433Net result 2024: €2,609€2,609Operating result 2025: -€9,359-€9,359Net result 2025: -€10,344-€10,34420212022202320242025-€15,000-€10,000-€5,000€0€5,000Operating result 2023: €2,472€2,470Net result 2023: €827€827Operating result 2024: €5,433€5,430Net result 2024: €2,609€2,610Operating result 2025: -€9,359-€9,360Net result 2025: -€10,344-€10,300202320242025
The operating result turns negative in 2025: a loss of €9,359 after €5,433 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,701
Fixed assets €3,265 ▲ 142%
Current assets €24,435 ▼ 38.8%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€9,047▼
2024 · €5,580
Cash flow
-€10,032▼
2024 · €2,756
Quick ratio
0.35▼
2024 · 0.64
Debt to equity
-2.07▲
2024 · -3.66
Interest coverage
-9.19▼
2024 · 1.97
Debt ≤ 1 year
€53,541▼
2024 · €56,791
Staff costs
€3,006
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.3% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€41,294€27,701▼
Fixed assets21/28€1,350€3,265▲
Tangible fixed assets22/27-€1,915
Furniture and vehicles24-€1,915
Financial fixed assets28€1,350€1,350=
Current assets29/58€39,944€24,435▼
Stocks and contracts in progress3€3,507€5,492▲
Stocks30/36€3,507€5,492▲
Amounts receivable within one year40/41€31,431€13,981▼
Trade receivables40€27,140€10,428▼
Other amounts receivable41€4,292€3,554▼
Cash at bank and in hand54/58€6€4,962▲
Deferred charges and accrued income490/1€5,000-
Equity and liabilities
Total equity and liabilities10/49€41,294€27,701▼
Equity10/15-€15,496-€25,840▼
Contributions10/11€5,000€5,000=
Outside capital11€5,000-
Other1109/19€5,000-
Profit (loss) carried forward14-€20,496-€30,840▼
Amounts payable17/49€56,791€53,541▼
Amounts payable within one year42/48€56,791€53,541▼
Trade debts44€49,294€43,371▼
Suppliers440/4€49,294€43,371▼
Other amounts payable47/48€7,496€10,170▲
Income statement Code20242025
Remuneration, social security and pensions62-€3,006
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148€312▲
Other operating charges640/8€6,729€2,486▼
Gross operating margin9900€12,309-€3,556▼
Operating profit (loss)9901€5,433-€9,359▼
Financial income75/76B€3€0▼
Recurring financial income75€3€0▼
Financial charges65/66B€2,827€985▼
Recurring financial charges65€2,827€985▼
Profit (loss) for the period before taxes9903€2,609-€10,344▼
Profit (loss) for the period9904€2,609-€10,344▼
Profit (loss) for the period to be appropriated9905€2,609-€10,344▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,496-€30,840▼
Profit (loss) brought forward from the previous period14P-€23,105-€20,496▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62----€3,006-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,240€1,280€440€148€312▲ 111%
Other operating charges640/8€625€290€519€6,729€2,486▼ 63.1%
Non-recurring operating charges66A--€1,002---
Gross operating margin9900-€1,129-€10,543€4,433€12,309-€3,556▼ 129%
Operating profit (loss)9901-€3,994-€12,113€2,472€5,433-€9,359▼ 272%
Financial income75/76B€37€228-€3€0▼ 99.3%
Recurring financial income75€37€228-€3€0▼ 99.3%
Financial charges65/66B€247€1,492€1,645€2,827€985▼ 65.2%
Recurring financial charges65€247€1,492€1,645€2,827€985▼ 65.2%
Profit (loss) for the period before taxes9903-€4,205-€13,377€827€2,609-€10,344▼ 497%
Profit (loss) for the period9904-€4,205-€13,377€827€2,609-€10,344▼ 497%
Profit (loss) for the period to be appropriated9905-€4,205-€13,377€827€2,609-€10,344▼ 497%
Line20212022202320242025Change
Assets
Total assets20/58€18,512€18,768€5,144€41,294€27,701▼ 32.9%
Fixed assets21/28€3,020€1,740€1,498€1,350€3,265▲ 142%
Tangible fixed assets22/27€3,020€1,740€148-€1,915-
Furniture and vehicles24€3,020€1,740€148-€1,915-
Financial fixed assets28--€1,350€1,350€1,350=
Current assets29/58€15,492€17,028€3,646€39,944€24,435▼ 38.8%
Stocks and contracts in progress3---€3,507€5,492▲ 56.6%
Stocks30/36---€3,507€5,492▲ 56.6%
Amounts receivable within one year40/41€10,437€4,816€3,622€31,431€13,981▼ 55.5%
Trade receivables40€6,192€1,590€2,088€27,140€10,428▼ 61.6%
Other amounts receivable41€4,245€3,226€1,535€4,292€3,554▼ 17.2%
Cash at bank and in hand54/58€55€7,211€24€6€4,962▲ 81,509%
Deferred charges and accrued income490/1€5,000€5,000-€5,000--
Equity and liabilities
Total equity and liabilities10/49€18,512€18,768€5,144€41,294€27,701▼ 32.9%
Equity10/15-€5,555-€18,932-€18,105-€15,496-€25,840▼ 66.8%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Outside capital11€5,000€5,000€5,000€5,000--
Other1109/19€5,000€5,000€5,000€5,000--
Profit (loss) carried forward14-€10,555-€23,932-€23,105-€20,496-€30,840▼ 50.5%
Amounts payable17/49€24,067€37,699€23,249€56,791€53,541▼ 5.7%
Amounts payable within one year42/48€24,067€37,699€23,249€56,791€53,541▼ 5.7%
Trade debts44€24,067€37,699€16,763€49,294€43,371▼ 12.0%
Suppliers440/4€24,067€37,699€16,763€49,294€43,371▼ 12.0%
Other amounts payable47/48--€6,486€7,496€10,170▲ 35.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€4,205-€13,377€827€2,609-€10,344▼ 497%
+ Depreciation and write-downs630€2,240€1,280€440€148€312▲ 111%
Operating cash flow (approximation)-€1,965-€12,097€1,267€2,756-€10,032▼ 464%
Investment in fixed assets (approximation)-€0-€198€0-€2,228-
Change in cash-€7,156-€7,187-€18€4,956▲ 27,693%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 45 days late
2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Highest result since 2020net €2,609 ▲216%
Operating result €5,433, net result €2,609, both a record.
11-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial Back to profitnet €827
Net result €827 after 3 loss-making years.
19-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 80 days late
2022
31-12
Financial Weakest financial yearnet -€13,377
Net result drops to -€13,377, the lowest in the series; recovery starts the following year.
10-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 41 days late
2021
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
200 m²
Building footprint
66 m²
Volume, LiDAR
430 m³
Parcel 34024B0372/00P006, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DUMO PROJECT
Spoorwegstraat 66, 8930 MenenManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20192.289.735.874
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34024B0372/00P006 Flanders 200 m² 1 · 66 m² 10.2 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
43350Other building finishing work
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0724840913
Also 9925:BE0724840913
Registered 22-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.