IMMO D&M
ActiveSummary
IMMO D&M has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €299k and a net result of €11k. Equity is growing by ~3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+1
Solvency76▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.39 in 2023; short-term debt: 8.9% and cash: 6.4% of total assets), and 48.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
57 d early
2022
33 d early
2021
54 d early
2020
53 d early
2019
50 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€299k▲ 3.8%
2023 · €288k
Total assets
€586k▼ 0.3%
2023 · €587k
Net result
€11k▲ 52.2%
2023 · €7k
Working capital
€-11k▲ 62.2%
2023 · €-30k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€16k▼ 15.6%€11k▼ 29.5%€9k▼ 21.6%€11k▲ 18.8%€17k▲ 58.6%
Net result€10k▼ 15.4%€7k▼ 33.4%€6k▼ 17.9%€7k▲ 31.7%€11k▲ 52.2%
Equity€269k▲ 3.9%€275k▲ 2.5%€281k▲ 2.0%€288k▲ 2.6%€299k▲ 3.8%
Total assets€675k▼ 2.2%€630k▼ 6.6%€601k▼ 4.7%€587k▼ 2.2%€586k▼ 0.3%
Debt€406k▼ 5.9%€355k▼ 12.7%€320k▼ 9.8%€299k▼ 6.4%€286k▼ 4.3%
Working capital€-257k▲ 8.8%€-51k▲ 80.2%€-44k▲ 14.4%€-30k▲ 30.6%€-11k▲ 62.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 59% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €586k
Fixed assets
€545k ▼ 4.0%
Current assets
€41k ▲ 110%
Equity and liabilities €586k
Equity
€299k ▲ 3.8%
Debt
€286k ▼ 4.3%
Debt's share of the balance-sheet total falls from 50.9% to 48.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▲
2023 · €40k
Cash flow
€34k▼
2023 · €37k
Current ratio
0.78▲
2023 · 0.39
Debt to equity
0.96▼
2023 · 1.04
ROE
3.7%▲
2023 · 2.5%
ROA
1.9%▲
2023 · 1.2%
Interest coverage
25.53▲
2023 · 22.57
Debt ≤ 1 year
€52k▲
2023 · €50k
Debt > 1 year
€234k▼
2023 · €249k
Income taxes
€4k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €26k | €29k | €29k | €23k | ▼ 20.3% |
| Other operating charges640/8 | - | €5k | €5k | €5k | €5k | ▲ 3.8% |
| Gross operating margin9900 | €51k | €42k | €43k | €45k | €45k | ▲ 1.0% |
| Operating profit (loss)9901 | €16k | €11k | €9k | €11k | €17k | ▲ 58.6% |
| Financial charges65/66B | - | €2k | €2k | €2k | €2k | ▼ 11.0% |
| Recurring financial charges65 | €2k | €2k | €2k | €2k | €2k | ▼ 11.0% |
| Profit (loss) for the period before taxes9903 | €14k | €9k | €7k | €9k | €15k | ▲ 72.5% |
| Income taxes67/77 | €4k | €2k | €1k | €2k | €4k | ▲ 166% |
| Profit (loss) for the period9904 | €10k | €7k | €6k | €7k | €11k | ▲ 52.2% |
| Profit (loss) for the period to be appropriated9905 | €10k | €7k | €6k | €7k | €11k | ▲ 52.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €675k | €630k | €601k | €587k | €586k | ▼ 0.3% |
| Fixed assets21/28 | €639k | €615k | €589k | €568k | €545k | ▼ 4.0% |
| Tangible fixed assets22/27 | €609k | €585k | €559k | €538k | €515k | ▼ 4.3% |
| Land and buildings22 | - | €566k | €543k | €521k | €500k | ▼ 4.1% |
| Plant, machinery and equipment23 | - | €18k | €16k | €17k | €16k | ▼ 10.3% |
| Financial fixed assets28 | €30k | €30k | €30k | €30k | €30k | = |
| Current assets29/58 | €36k | €15k | €12k | €19k | €41k | ▲ 110% |
| Amounts receivable within one year40/41 | - | €547 | €590 | - | - | - |
| Other amounts receivable41 | - | €547 | €590 | - | - | - |
| Cash at bank and in hand54/58 | €36k | €14k | €9k | €17k | €37k | ▲ 116% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €2k | €3k | ▲ 57.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €675k | €630k | €601k | €587k | €586k | ▼ 0.3% |
| Equity10/15 | €269k | €275k | €281k | €288k | €299k | ▲ 3.8% |
| Contributions10/11 | €225k | €225k | €225k | €225k | €225k | = |
| Capital10 | - | €225k | €225k | €225k | €225k | = |
| Issued capital100 | - | €225k | €225k | €225k | €225k | = |
| Reserves13 | €44k | €50k | €56k | €63k | €74k | ▲ 17.5% |
| Non-distributable reserves130/1 | - | €12k | €17k | €23k | €23k | = |
| Legal reserve130 | - | €12k | €17k | €23k | €23k | = |
| Distributable reserves133 | - | €39k | €39k | €41k | €52k | ▲ 27.1% |
| Amounts payable17/49 | €406k | €355k | €320k | €299k | €286k | ▼ 4.3% |
| Amounts payable after more than one year17 | €113k | €288k | €264k | €249k | €234k | ▼ 6.1% |
| Financial debts170/4 | - | €98k | €84k | €69k | €234k | ▲ 240% |
| Other amounts payable178/9 | - | €190k | €180k | €180k | - | - |
| Amounts payable within one year42/48 | €293k | €66k | €55k | €50k | €52k | ▲ 4.7% |
| Current portion of amounts payable after more than one year42 | - | €14k | €15k | €15k | €15k | ▲ 1.6% |
| Trade debts44 | €1k | €710 | - | €3k | €2k | ▼ 45.5% |
| Suppliers440/4 | - | €710 | - | €3k | €2k | ▼ 45.5% |
| Taxes, remuneration and social security45 | - | €750 | €2k | €2k | €7k | ▲ 196% |
| Taxes450/3 | - | €750 | €2k | €2k | €4k | ▲ 67.9% |
| Remuneration and social security454/9 | - | - | - | - | €3k | - |
| Other amounts payable47/48 | - | €51k | €39k | €30k | €28k | ▼ 4.2% |
| Accrued charges and deferred income492/3 | - | - | €738 | €843 | €843 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €7k | €6k | €7k | €11k | ▲ 52.2% |
| + Depreciation and write-downs630 | €30k | €26k | €29k | €29k | €23k | ▼ 20.3% |
| Operating cash flow (approximation) | €40k | €33k | €34k | €37k | €34k | ▼ 5.9% |
| Investment in fixed assets (approximation) | - | €-2k | €-3k | €-8k | €-339 | ▲ 95.9% |
| Change in cash | - | €-22k | €-4k | €8k | €20k | ▲ 155% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼17.9%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €12k ▲38.6%
Net result €12k, the highest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Scherpenheuvel-Zichem · 1 establishment unit since 2002
Ground area
545 m²
Building footprint
117 m²
Volume, LiDAR
880 m³
Parcel 24098B0466/00R000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Frederickx Luc
since 20022.096.128.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098B0466/00R000 | Flanders | 545 m² | 1 · 117 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.
Identification & contact
Identification
Legal formPublic limited company
Founded21-02-2002
Fiscal year end31-12
Contact
E-mail
luc@adafi.beScherpenheuvel-Zichem
Scores and ratios are computed by Checked and are not a credit decision.