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DERMAK

Active
Dubois-Thornstraat 105 ·1080 Sint-Jans-Molenbeek, Belgium
KBO/BCE: BE 0670.662.354
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Age9 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The file of DERMAK contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.3% (low). The 2024 annual accounts show equity of €56k and a net result of €131k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 3354 sector peers (fiscal year 2024).

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.3% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Insolvency timeline

2 events
17-11-2025
Bankruptcy Bankruptcy reversal
Date: 07-11-2025 · Ondernemingsrechtbank Brussel · DERMAK BV DUBOIS-THORNSTRAAT 105, 1080 SINT-JANS-MOLENBEEK · Publications in State Gazette ↗
10-10-2025
Bankruptcy Opening
Date: 30-09-2025 · Ondernemingsrechtbank Brussel · DERMAK BV DUBOIS-THORN- STRAAT 105, 1080 SINT-JANS-MOLENBEEK · Publications in State Gazette ↗

Trust signals

1 signal
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags

No administrative flags

Financials

Turnover€1.95M+10.5%
EBIT margin6.8%+6.5pp
Net result€131k
Working capital€41k
Directors1

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 08-10-2025 with the NBB · fiscal year 2024 · micro
€-1.00M€0€1.00M€2.00MRevenue 2020: €1.77M€1.77MOperating result 2020: €5k€5kNet result 2020: €-114k€-114kOperating result 2021: €44k€44kNet result 2021: €44k€44kOperating result 2022: €-15k€-15kNet result 2022: €7k€7kOperating result 2023: €-32k€-32kNet result 2023: €-32k€-32kRevenue 2024: €1.95M€1.95MOperating result 2024: €132k€132kNet result 2024: €131k€131k20202021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~66% of the level (threshold 35%). We therefore deliberately show no projection line.
€-100k€-50k€0€50k2018: €-34k2019: €-99k2020: €-95k2021: €-51k2022: €-44k2023: €-76k2024: €56k2018201920202021202220232024
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 7.3% 25.2%
better than 32% of 3354 sector peers
Net result €131k €4k
better than 95% of 3341 sector peers
Equity €56k €23k
better than 68% of 3361 sector peers
Gross operating margin €201k €19k
better than 94% of 3327 sector peers
Staff costs €41k €27k
higher than 62% of 938 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P32
2020: P17 · n=9122021: P15 · n=15172022: P20 · n=23642023: P19 · n=29752024: P32 · n=33542020 2024
Improving position over 2020-2024 · n=912-3354
Net result P95
2020: P51 · n=9092021: P86 · n=15192022: P56 · n=23652023: P10 · n=29652024: P95 · n=33412020 2024
Stable position over 2020-2024 · n=909-3341
Equity P68
2020: P9 · n=9152021: P9 · n=15222022: P9 · n=23712023: P6 · n=29862024: P68 · n=33612020 2024
Stable position over 2020-2024 · n=915-3361
Gross operating margin P94
2020: P52 · n=9072021: P83 · n=15152022: P59 · n=23572023: P60 · n=29552024: P94 · n=33272020 2024
Improving position over 2020-2024 · n=907-3327
Describes the position versus peers, not a forecast.
Revenue
€1.95M
+10.5% 18-24
EBITDA
€147k
- -51% vs sector
Net profit
€131k
- -34% vs sector
Cash flow
€146k
- -29% vs sector
Total assets
€765k
+18.7% -53% vs sector
Equity
€56k
- -94% vs sector
Working capital
€41k
- -95% vs sector
Staff costs
€41k
+0.9% -88% vs sector
Debt
€709k
-1.5% -8% vs sector
Debt ≤ 1y
€709k
-1.5% -8% vs sector
Current ratio
1.06
+24.7% -47% vs sector
Quick ratio
0.74
+66.9% -40% vs sector
Solvency
7.3%
- -86% vs sector
Debt / equity
12.72
- far above sector median
ROE
235.8%
+460.7% far above sector median
ROA
17.2%
- +52% vs sector
Net margin
6.7%
- 18-24
EBITDA margin
7.5%
+787.6% 18-24
Interest coverage
244.75
- far above sector median
Figures by fiscal year
Fiscal year2024
Revenue€1.95M
EBITDA€147k
Net profit€131k
Cash flow€146k
Staff costs€41k
Income taxes-
Dividends-
Total assets€765k
Equity€56k
Debt€709k
of which ≤ 1y€709k
of which > 1y-
Working capital€41k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.06
Quick ratio0.74
Working capital ratio5.3%
Solvency7.3%
Debt / equity12.72
Long-term debt ratio-
Interest coverage244.75
Gross margin10.1%
Net margin6.7%
ROA17.2%
ROE235.8%
EBITDA margin7.5%
Days sales outstanding79d
Days payable outstanding140d
Inventory turnover7.72
Days inventory (DSI)47d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€765k
Fixed assets 21/28€15k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€4k
Current assets 29/58€750k
Stocks & contracts in progress 3€227k
Amounts receivable within one year 40/41€507k
Cash & bank 54/58€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€765k
Equity 10/15€56k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€37k
Amounts payable 17/49€709k
Amounts payable within one year 42/48€709k
Trade debts payable within one year 44€673k
Income statement
Turnover 70€1.95M
Gross operating margin 9900€201k
Operating result 9901€132k
Financial charges 65€599
Result before taxes 9903€131k
Net result for the period 9904€131k
Result to be appropriated 9905€131k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
73 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator JOAN DUBAERE
KEIZER KARELLAAN 586 BUS 9, 1082 SINT-AGATHA-BERCHEM
30-09-2025 → present Belgian State Gazette

Legal Structure

NACE primary Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen(46392)
Legal form Private limited company(610)
Incorporation02-02-2017
StatusActive
Postal code1080
First BS signal 10-10-2025
Latest BS signal 17-11-2025

Structure & network

Company structure: linked entities

1 linked entity
DERMAKBE 0670.662.354JOAN DUBAEREReceiver
Mandates

Locations & real estate

Establishment units

1 location
.
Dubois-Thornstraat 105, 1080 Sint-Jans-MolenbeekGroothandel in andere voedingsmiddelen, neg
since 20172.261.598.847
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area4,580 m²
Buildings1
Building footprint5,650 m²
Volume (LiDAR)30,389 m³
Tallest building12.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0805/00B006 Brussels 4,580 m² 1 · 5,650 m² 12.1 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette
17-11-2025
Bankruptcy Bankruptcy reversal
Date: 07-11-2025 · Ondernemingsrechtbank Brussel · DERMAK BV DUBOIS-THORNSTRAAT 105, 1080 SINT-JANS-MOLENBEEK · Publications in State Gazette ↗
10-10-2025
Bankruptcy Opening
Date: 30-09-2025 · Ondernemingsrechtbank Brussel · DERMAK BV DUBOIS-THORN- STRAAT 105, 1080 SINT-JANS-MOLENBEEK · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-10 · Bankruptcy · Opening2025-11-17 · Bankruptcy · Bankruptcy reversal
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 2 years ago
2023
28-12-2023 Discharge granted to the board Director changes·Carine Walravens
Notary: Carine Walravens · Dilbeek-Schepdaal

Analysis

Snowflake analysis

financial profile on 5 axes
Health73Profitability66Solvency17Growth75Stability85
63 / 100

Strong profile, led by stability.

Health 73
Profitability 66
Solvency 17
Growth 75
Stability 85

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Groothandel in andere voedingsmiddelen, n.e.g.46389Groothandel in andere voedingsmiddelen, neg46389Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen46392Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen46392Groothandel in andere voedingsmiddelen, n.e.g.46389Groothandel in andere voedingsmiddelen, neg46389
Primary activity highlighted.
Names & trade names
Legal nameFR DERMAK
Registered office
Dubois-Thornstraat 105
1080 Sint-Jans-Molenbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.