DUTMALA
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DUTMALA has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204,917 and a net result of €25,520. Equity has been shrinking by about 12% per year since 2018. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 18-05-1992 Normal situation
- Legal form
- Private limited company
- Registered office
- Akkerstraat 14, 3900 Pelt
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.057.816.297 3900 Pelt, since 11-06-1992
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €45,906
- ▲ 2.7%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €25,520
- ▼ 2.9%
- Equity
- €204,917
- ▲ 3.8%
- Total assets
- €246,837
- ▲ 5.0%
Score breakdownlowers riskSize: total assets €246,837Liquidity: current ratio 8.95, cash €201,855Equity €204,917 (83.0% of total assets)Founded in 1992Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 65% on profitability and 58% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 36 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 18-06-2026
- Format
- abbreviated format
- Reference
- 2026-00171732
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 2% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
- 2023 Equity -68%, Total assets -64% on 2022. Capital reduction of €380,000 (Official Gazette 21-08-2023).
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as DUTMALA has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DUTMALA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for DUTMALA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €18 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,476 | €918 | €644 | €605 | €1,113 | €946 | €966 | €1,853 | ▲ 91.8% |
| Other operating charges640/8 | - | - | - | €5,425 | €4,422 | €4,845 | €5,451 | €6,566 | ▲ 20.5% |
| Gross operating margin9900 | €105,216 | €36,575 | €38,357 | €31,468 | €34,035 | €27,292 | €44,680 | €45,906 | ▲ 2.7% |
| Operating profit (loss)9901 | €99,767 | €31,639 | €33,415 | €25,420 | €28,501 | €21,501 | €38,263 | €37,488 | ▼ 2.0% |
| Financial income75/76B | - | - | - | €7 | - | €1,264 | €613 | €0 | ▼ 100.0% |
| Recurring financial income75 | €468 | €551 | €511 | €7 | - | €1,264 | €613 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €41 | €55 | €55 | €67 | €72 | ▲ 7.4% |
| Recurring financial charges65 | €15 | €0 | €0 | €41 | €55 | €55 | €67 | €72 | ▲ 7.4% |
| Profit (loss) for the period before taxes9903 | €100,220 | €32,190 | €33,925 | €25,386 | €28,445 | €22,710 | €38,809 | €37,416 | ▼ 3.6% |
| Income taxes67/77 | €11,917 | €11,945 | €32,922 | €7,744 | €8,827 | €7,303 | €12,514 | €11,896 | ▼ 4.9% |
| Profit (loss) for the period9904 | €66,853 | €20,245 | €22,453 | €17,642 | €19,618 | €15,407 | €26,294 | €25,520 | ▼ 2.9% |
| Profit (loss) for the period to be appropriated9905 | €15,787 | €20,245 | €73,518 | €17,642 | €19,618 | €15,407 | €26,294 | €25,520 | ▼ 2.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €671,951 | €684,952 | €702,541 | €612,009 | €597,764 | €216,297 | €235,069 | €246,837 | ▲ 5.0% |
| Fixed assets21/28 | €38,620 | €38,201 | €38,081 | €40,345 | €42,758 | €41,812 | €45,407 | €43,554 | ▼ 4.1% |
| Tangible fixed assets22/27 | €38,370 | €37,951 | €37,831 | €40,095 | €42,508 | €41,562 | €45,157 | €43,304 | ▼ 4.1% |
| Land and buildings22 | - | - | - | €39,336 | €41,848 | €41,094 | €40,340 | €39,586 | ▼ 1.9% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €4,542 | €3,629 | ▼ 20.1% |
| Furniture and vehicles24 | - | - | - | €760 | €660 | €468 | €276 | €89 | ▼ 67.6% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €633,331 | €646,751 | €664,460 | €571,664 | €555,006 | €174,485 | €189,662 | €203,283 | ▲ 7.2% |
| Amounts receivable within one year40/41 | - | - | - | €6,040 | €6,100 | €2,060 | €2,155 | - | - |
| Trade receivables40 | - | - | - | - | - | - | €2,155 | - | - |
| Other amounts receivable41 | - | - | - | €6,040 | €6,100 | €2,060 | - | - | - |
| Cash at bank and in hand54/58 | €632,312 | €645,690 | €663,370 | €564,490 | €547,679 | €171,091 | €186,149 | €201,855 | ▲ 8.4% |
| Deferred charges and accrued income490/1 | - | - | - | €1,134 | €1,227 | €1,334 | €1,358 | €1,428 | ▲ 5.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €671,951 | €684,952 | €702,541 | €612,009 | €597,764 | €216,297 | €235,069 | €246,837 | ▲ 5.0% |
| Equity10/15 | €602,788 | €623,033 | €645,486 | €576,528 | €571,146 | €184,853 | €197,397 | €204,917 | ▲ 3.8% |
| Contributions10/11 | €386,218 | €386,218 | €386,218 | €386,218 | €386,218 | €44,840 | €44,840 | €44,840 | = |
| Capital10 | - | - | - | €386,218 | €386,218 | - | - | - | - |
| Issued capital100 | - | - | - | €386,218 | €386,218 | - | - | - | - |
| Reserves13 | €216,216 | €236,416 | €258,772 | €189,772 | €184,372 | €139,350 | €151,850 | €159,350 | ▲ 4.9% |
| Non-distributable reserves130/1 | - | - | - | €38,622 | €38,622 | - | - | - | - |
| Legal reserve130 | - | - | - | €38,622 | €38,622 | - | - | - | - |
| Distributable reserves133 | - | - | - | €151,150 | €145,750 | €139,350 | €151,850 | €159,350 | ▲ 4.9% |
| Profit (loss) carried forward14 | €355 | €399 | €496 | €538 | €556 | €663 | €707 | €727 | ▲ 2.8% |
| Provisions and deferred taxes16 | €21,450 | €21,450 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €47,712 | €40,469 | €57,055 | €35,481 | €26,618 | €31,444 | €37,672 | €41,920 | ▲ 11.3% |
| Amounts payable after more than one year17 | €19,205 | €16,970 | €16,970 | €17,270 | €18,680 | €19,400 | €19,820 | €19,205 | ▼ 3.1% |
| Financial debts170/4 | - | - | - | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Other amounts payable178/9 | - | - | - | €12,270 | €13,680 | €14,400 | €14,820 | €14,205 | ▼ 4.1% |
| Amounts payable within one year42/48 | €28,507 | €23,499 | €40,085 | €18,211 | €7,938 | €12,044 | €17,852 | €22,715 | ▲ 27.2% |
| Trade debts44 | €3,557 | €753 | €2,055 | €16,884 | - | €351 | - | €5,271 | - |
| Suppliers440/4 | - | - | - | €16,884 | - | €351 | - | €5,271 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €360 | - | €5,425 | €1,050 | ▼ 80.6% |
| Taxes450/3 | - | - | - | - | €360 | - | €5,425 | €1,050 | ▼ 80.6% |
| Other amounts payable47/48 | - | - | - | €1,328 | €7,578 | €11,693 | €12,427 | €16,394 | ▲ 31.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,853 | €20,245 | €22,453 | €17,642 | €19,618 | €15,407 | €26,294 | €25,520 | ▼ 2.9% |
| + Depreciation and write-downs630 | €1,476 | €918 | €644 | €605 | €1,113 | €946 | €966 | €1,853 | ▲ 91.8% |
| Operating cash flow (approximation) | €68,329 | €21,162 | €23,097 | €18,247 | €20,731 | €16,353 | €27,261 | €27,373 | ▲ 0.4% |
| Investment in fixed assets (approximation) | - | -€499 | -€524 | -€2,870 | -€3,525 | €0 | -€4,562 | €0 | - |
| Change in cash | - | €13,379 | €17,680 | -€98,881 | -€16,811 | -€376,588 | €15,058 | €15,706 | ▲ 4.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-06-2026 | 2026-00171732 | NBB |
| 31-12-2024 | abbreviated format | 25-06-2025 | 2025-00175043 | |
| 31-12-2023 | abbreviated format | 25-06-2024 | 2024-00158159 | |
| 31-12-2022 | abbreviated format | 27-06-2023 | 2023-00161027 | |
| 31-12-2021 | abbreviated format | 27-06-2022 | 2022-20093955 | |
| 31-12-2020 | abbreviated format | 01-07-2021 | 2021-28000490 | |
| 31-12-2019 | abbreviated format | 23-06-2020 | 2020-19000490 | |
| 31-12-2018 | abbreviated format | 26-06-2019 | 2019-22300004 | |
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-24700261 | |
| 31-12-2016 | abbreviated format | 22-06-2017 | 2017-19500111 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CORSTJENS Ann |
|
| CORSTJENS Willem |
|
The board according to the articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Onbepaalde duur, benoemd door algemene vergadering met gewone meerderheid”1 more provision on this in the deed
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Door rechter, buitengewone algemene vergadering met vereisten statutenwijziging”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Onder alle aandelen gelijk in natura en/of geld, kan uitdrukkelijk opteren geen vereffenaar bij ontbinding en vereffening in een akte…”
Articles of association, deed of 21-08-2023 (in Dutch)
Owners and capital
Capital transactions
- 21-08-2023 Converted to available equity · €424,839.92
- 21-08-2023 Capital reduction of €380,000 · to €6,218.11
Other provisions of the articles of association
- Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
- 3 more provisions in the deed, see the deed of 21-08-2023
Articles of association, deed of 21-08-2023 (in Dutch)
Group and network
Connections & network
2 current directorsThe network starts from the directors of DUTMALA. Every other company they run is a node.
History
Acts, filings and financial milestones
21-08
Gazette deed
Resignations: CORSTJENS Willem (director) and CORSTJENS Ann (director)Appointments: CORSTJENS Willem (director) and CORSTJENS Ann (director) · Auditor report · Legal-form conversion18 points ▸
- General meeting, 07-08-2023
- Other provision, “EERSTE BESLUIT - voorlegging verslag bestuursorgaan en staat van actief en passief”, 08-05-2023 (deed in Dutch)
- Auditor report, “nagaan of overwaardering netto-actief”, EUR (deed in Dutch)
- Director resignation, CORSTJENS Willem (director)
- Director resignation, CORSTJENS Ann (director)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “beschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Other provision, “behoud inschrijvingsnummer, rechtspersonenregister te Antwerpen,afdeling Hasselt” (deed in Dutch)
- Accounting effect, 08-05-2023
- Amendment of the articles
- Director appointment, CORSTJENS Willem (director (not named in the articles))
- The act holds 6 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72029B0546/00M004 | Flanders | 724 m² | 1 · 165 m² | 10.9 m · 3 |