DM PRODUCTS
The computed 12-month bankruptcy probability of DM PRODUCTS is 2.2% (moderate). The 2023 annual accounts show negative equity (€-364k) and a net result of €-120k. Equity is shrinking by ~62.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3026 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-364k |
| Net result | €-120k |
| Better than sector | 5% |
| Active | 9 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -425.8% | 25.2% | |
| Net result | €-120k | €4k | |
| Equity | €-364k | €20k | |
| Gross operating margin | €-120k | €18k | |
| Total assets | €86k | €102k |
Show 8 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-120k |
| Net profit | €-120k |
| Cash flow | €-120k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €86k |
| Equity | €-364k |
| Debt | €450k |
| of which ≤ 1y | €450k |
| of which > 1y | - |
| Working capital | €-364k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.19 |
| Quick ratio | 0.04 |
| Working capital ratio | -425.8% |
| Solvency | -425.8% |
| Debt / equity | -1.23 |
| Long-term debt ratio | - |
| Interest coverage | -1178.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -140.5% |
| ROE | 33.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €86k |
| Current assets | 29/58 | €86k |
| Stocks & contracts in progress | 3 | €68k |
| Amounts receivable within one year | 40/41 | €10k |
| Cash & bank | 54/58 | €7k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €86k |
| Equity | 10/15 | €-364k |
| Contributions / capital | 10/11 | €19k |
| Accumulated profits (losses) | 14 | €-383k |
| Amounts payable | 17/49 | €450k |
| Amounts payable within one year | 42/48 | €450k |
| Trade debts payable within one year | 44 | €30k |
| Income statement | ||
| Gross operating margin | 9900 | €-120k |
| Operating result | 9901 | €-120k |
| Financial charges | 65 | €102 |
| Result before taxes | 9903 | €-120k |
| Net result for the period | 9904 | €-120k |
| Result to be appropriated | 9905 | €-120k |
Former directors (1)
-
Liivoja ReginaDirectorState Gazette act 23002603 (05-01-2023)Former- → 21-12-2022
| NACE primary | Groothandel in huishoudtextiel en beddengoed(46412) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 17-05-2017 |
| Status | Active |
| Postal code | 2018 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1207/00Z005 | Flanders | 347 m² | 1 · 316 m² | 32.1 m · 10 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-01-2023 Liivoja Regina resigns as director
- Liivoja Regina, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Liivoja Regina",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": "2022-12-21",
"evidence_quote": "De bijzondere algemene vergadering beslist unaniem om het ontslag te acteren en te aanvaarden van mevrouw Liivoja Regina en dit als bestuurder. Het ontslag is van kracht per heden en tevens wordt aan haar volledige kwijting verleend voor de uitoefening van haar mandaat welke onbezoldigd is gebleven.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-01-05",
"filing_date": "2022-12-21",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2022-12-21",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0675.797.218",
"name_full": "DM PRODUCTS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "David Michaely",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | DM PRODUCTS |