Summary
DM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €78k and a net result of €-89. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 8023 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
2 d early
2023
2 d early
2022
3 d early
2021
17 d early
2020
11 d early
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▼ 0.1%
2024 · €78k
2018: €7k
2019: €23k
2020: €44k
2021: €67k
2022: €90k
2023: €104k
2024: €78k
2018 → 2025
Net result
€-89▲ 99.7%
2024 · €-26k
2018: €11k
2019: €16k
2020: €20k
2021: €23k
2022: €23k
2023: €15k
2024: €-26k
2018 → 2025
Total assets
€107k▲ 4.0%
2024 · €102k
2018: €42k
2019: €49k
2020: €67k
2021: €95k
2022: €124k
2023: €127k
2024: €102k
2018 → 2025
Solvency
73.0%▼ 3.0pp
2024 · 76.0%
2018: 17.4%
2019: 47.4%
2020: 64.8%
2021: 70.6%
2022: 72.5%
2023: 82.2%
2024: 76.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€90k▲ 34.2%€104k▲ 16.4%€78k▼ 25.3%€78k▼ 0.1%
Operating result€36k-€34k▼ 6.2%€24k▼ 29.9%€2k▼ 93.4%€-2k
Net result€23k-€23k▼ 1.7%€15k▼ 35.7%€-26k€-89▲ 99.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€463 ▼ 47.9%
Current assets
€106k ▲ 4.5%
Equity and liabilities €107k
Equity
€78k ▼ 0.1%
Debt
€29k ▲ 17.1%
Debt's share of the balance-sheet total rises from 24.0% to 27.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-0.1%▲
2024 · -33.9%
ROA
-0.1%▲
2024 · -25.8%
Debt ≤ 1 year
€29k▲
2024 · €25k
Income taxes
€2k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€102k€107k▲
Fixed assets21/28€889€463▼
Tangible fixed assets22/27€889€463▼
Furniture and vehicles24€889€463▼
Financial fixed assets28€0-
Current assets29/58€102k€106k▲
Amounts receivable within one year40/41€97k€106k▲
Trade receivables40€8k€1k▼
Other amounts receivable41€90k€105k▲
Cash at bank and in hand54/58€4k€0▼
Equity and liabilities
Total equity and liabilities10/49€102k€107k▲
Equity10/15€78k€78k▼
Contributions10/11€31k€31k=
Reserves13€65k€65k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€-18k€-18k▼
Amounts payable17/49€25k€29k▲
Amounts payable within one year42/48€25k€29k▲
Current portion of amounts payable after more than one year42-€3k
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Taxes, remuneration and social security45€17k€8k▼
Taxes450/3€17k€8k▼
Other amounts payable47/48-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€520€426▼
Other operating charges640/8€2k€716▼
Gross operating margin9900€4k€-674▼
Operating profit (loss)9901€2k€-2k▼
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€28k€1k▼
Recurring financial charges65€28k€1k▼
Profit (loss) for the period before taxes9903€-22k€2k▲
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€-26k€-89▲
Profit (loss) for the period to be appropriated9905€-26k€-89▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-18k▲
Profit (loss) brought forward from the previous period14P-€-18k
Transfer from equity791/2€9k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-26k ▼280%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €104k ▲16.4%
6 profitable years in a row build equity to €104k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €23k ▲15.4%
Operating result €36k, net result €23k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.53
Current ratio from 0.70 to 1.53; short-term debt falls from €26k to €24k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostende · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zeedijk 1138400 OostendeGround area
244 m²
Building footprint
217 m²
Volume, LiDAR
5,333 m³
Parcel 35384A0089/00X028, Flanders · tallest building 28.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Zeedijk 113, 8400 Oostende
since 19942.069.042.563
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35384A0089/00X028 | Flanders | 244 m² | 1 · 217 m² | 28.9 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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WLM-Reno
BE 0739.784.257
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AGS Trading
BE 0405.354.387
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DOSAWYS
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 11,680 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-1994
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
69209Other tax advisory services
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.