DUMOULIN
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2024.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-3.26M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
51 d early
2022
75 d early
2021
76 d early
2020
51 d early
2019
79 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€74.09M▼ 7.6%
2023 · €80.21M
2018: €64.11M
2019: €61.89M
2020: €76.16M
2021: €83.23M
2022: €95.99M
2023: €80.21M
2018 → 2024
EBIT margin
-4.1%=
2023 · -4.1%
2018: -0.6%
2019: -0.3%
2020: -0.2%
2021: 0.2%
2022: -1.2%
2023: -4.1%
2018 → 2024
Net result
€-3.26M▲ 8.1%
2023 · €-3.55M
2018: €-22k
2019: €-307k
2020: €-1.54M
2021: €63k
2022: €-1.23M
2023: €-3.55M
2018 → 2024
Working capital
€72k▼ 97.3%
2023 · €2.64M
2018: €11.06M
2019: €10.22M
2020: €9.35M
2021: €10.33M
2022: €7.83M
2023: €2.64M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€76.16M-€83.23M▲ 9.3%€95.99M▲ 15.3%€80.21M▼ 16.4%€74.09M▼ 7.6%
Equity€16.12M-€16.19M▲ 0.4%€14.96M▼ 7.6%€11.41M▼ 23.7%€8.15M▼ 28.6%
Operating result€-164k-€190k€-1.14M€-3.31M▼ 189%€-3.04M▲ 8.1%
Net result€-1.54M-€63k€-1.23M€-3.55M▼ 190%€-3.26M▲ 8.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3.04M in 2024 against €3.31M in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.24M
Fixed assets
€8.08M▼ 7.9%
Current assets
€9.16M▼ 24.2%
Equity and liabilities €17.24M
Equity
€8.15M▼ 28.6%
Debt
€9.09M▼ 3.8%
The debt ratio rises from 45.3% to 52.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1.16M▲
2023 · €-2.11M
Cash flow
€-1.39M▲
2023 · €-2.35M
Solvency
47.3%▼
2023 · 54.7%
Current ratio
1.01▼
2023 · 1.28
Quick ratio
0.68▼
2023 · 1.01
Debt / equity
1.12▲
2023 · 0.83
ROE
-40.0%▼
2023 · -31.1%
ROA
-18.9%▼
2023 · -17.0%
Interest coverage
-17.45▲
2023 · -24.59
Debt
€9.09M▼
2023 · €9.45M
Debt ≤ 1 year
€9.09M▼
2023 · €9.45M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20.86M€17.24M▼
Fixed assets21/28€8.77M€8.08M▼
Intangible fixed assets21€38k€309k▲
Tangible fixed assets22/27€8.73M€7.77M▼
Land and buildings22€1.63M€1.73M▲
Plant, machinery and equipment23€6.47M€5.65M▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€370k€370k=
Assets under construction and advance payments27€251k€19k▼
Financial fixed assets28€25€25=
Affiliated companies280/1€0-
Amounts receivable281€0-
Other financial fixed assets284/8€25€25=
Shares284€25€25=
Current assets29/58€12.10M€9.16M▼
Stocks and contracts in progress3€2.54M€2.98M▲
Stocks30/36€2.54M€2.98M▲
Raw materials and consumables30/31€1.73M€2.02M▲
Work in progress32€131k€265k▲
Finished goods33€376k€322k▼
Goods purchased for resale34€299k€369k▲
Amounts receivable within one year40/41€9.56M€6.19M▼
Trade receivables40€9.51M€6.16M▼
Other amounts receivable41€43k€30k▼
Equity and liabilities
Total equity and liabilities10/49€20.86M€17.24M▼
Equity10/15€11.41M€8.15M▼
Contributions10/11€3.00M€3.00M=
Reserves13€8.41M€5.15M▼
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Tax-exempt reserves132€184k€184k=
Distributable reserves133€8.22M€4.96M▼
Amounts payable17/49€9.45M€9.09M▼
Amounts payable within one year42/48€9.45M€9.09M▼
Financial debts43€2.42M€2.61M▲
Other loans439€2.42M€2.61M▲
Trade debts44€7.02M€6.48M▼
Suppliers440/4€7.02M€6.48M▼
Taxes, remuneration and social security45€6k€619▼
Taxes450/3-€619
Remuneration and social security454/9€6k-
Income statement
Code20232024
Operating income70/76A€80.77M€75.36M▼
Turnover70€80.21M€74.09M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-108k€79k▲
Other operating income74€326k€209k▼
Non-recurring operating income76A€349k€986k▲
Operating charges60/66A€84.08M€78.40M▼
Goods for resale, raw materials and consumables60€69.71M€63.69M▼
Purchases600/8€69.43M€64.05M▼
Change in stocks: decrease (increase)609€279k€-366k▼
Services and other goods61€12.64M€13.28M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.20M€1.88M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€456k€-529k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€78k€92k▲
Operating profit (loss)9901€-3.31M€-3.04M▲
Financial income75/76B€2k€17k▲
Recurring financial income75€2k€17k▲
Income from current assets751€0€16k▲
Other financial income752/9€2k€804▼
Financial charges65/66B€244k€239k▼
Recurring financial charges65€244k€239k▼
Debt charges650€86k€67k▼
Other financial charges652/9€159k€173k▲
Profit (loss) for the period before taxes9903€-3.55M€-3.26M▲
Profit (loss) for the period9904€-3.55M€-3.26M▲
Profit (loss) for the period to be appropriated9905€-3.55M€-3.26M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.55M€-3.26M▲
Transfer from equity791/2€3.55M€3.26M▼
From reserves792€3.55M€3.26M▼
The notes to these accounts (62 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-3.55M
Net result drops to €-3.55M, the lowest in the series.
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €63k
Net result €63k after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-07
State Gazette act
General meeting · Demerger
Capital increase · Share issue · Patrick Coppieters 't Wallant
26-05
State Gazette act
Demerger · Corporate purpose
Accounting effect · Share issue
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionContributed a business line to:Arvesta Belgium
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,336 EUR awarded · 1,336 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,336 EUR | 1,336 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
549300DUHA9GPB1J7S06