DMD AFWERKING
ActiveDMD AFWERKING has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €111k and a net result of €1k. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-28
Solvency86▼-9
Growth59▼-19
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 3.29 in 2023; short-term debt: 38.6% of total assets), and 38.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
71 d late
2022
72 d late
2021
59 d late
2020
87 d late
2019
3 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€655k▲ 0.8%
2023 · €651k
2018: €346k
2019: €293k
2020: €194k
2021: €339k
2022: €491k
2023: €651k
2018 → 2024
EBIT margin
1.7%▼ 4.2pp
2023 · 5.9%
2018: 7.9%
2019: 14.2%
2020: 3.3%
2021: 9.0%
2022: 13.2%
2023: 5.9%
2018 → 2024
Net result
€1k▼ 94.7%
2023 · €22k
2018: €19k
2019: €30k
2020: €355
2021: €11k
2022: €33k
2023: €22k
2018 → 2024
Working capital
€85k▼ 22.8%
2023 · €111k
2018: €31k
2019: €43k
2020: €40k
2021: €97k
2022: €95k
2023: €111k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€194k-€339k▲ 74.8%€491k▲ 44.7%€651k▲ 32.5%€655k▲ 0.8%
Equity€59k-€69k▲ 18.5%€102k▲ 47.1%€124k▲ 21.7%€111k▼ 11.1%
Operating result€6k-€31k▲ 380%€65k▲ 112%€38k▼ 41.3%€11k▼ 70.9%
Net result€355-€11k▲ 2,953%€33k▲ 202%€22k▼ 32.3%€1k▼ 94.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €180k
Fixed assets
€25k▲ 33.4%
Current assets
€155k▼ 2.5%
Equity and liabilities €180k
Equity
€111k▼ 11.1%
Debt
€69k▲ 30.4%
The debt ratio rises from 30.0% to 38.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€20k▼
2023 · €48k
Cash flow
€11k▼
2023 · €32k
Solvency
61.4%▼
2023 · 70.0%
Current ratio
2.23▼
2023 · 3.29
Quick ratio
2.23▼
2023 · 3.29
Debt / equity
0.63▲
2023 · 0.43
ROE
1.1%▼
2023 · 17.8%
ROA
0.7%▼
2023 · 12.5%
Interest coverage
2.11▼
2023 · 4.42
Debt
€69k▲
2023 · €53k
Debt ≤ 1 year
€69k▲
2023 · €48k
Income taxes
€3k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€178k€180k▲
Fixed assets21/28€19k€25k▲
Tangible fixed assets22/27€19k€25k▲
Furniture and vehicles24€19k€25k▲
Current assets29/58€159k€155k▼
Amounts receivable within one year40/41€156k€150k▼
Trade receivables40€38k€33k▼
Other amounts receivable41€118k€117k▼
Current investments50/53-€5k
Cash at bank and in hand54/58€3k-
Equity and liabilities
Total equity and liabilities10/49€178k€180k▲
Equity10/15€124k€111k▼
Contributions10/11€6k€6k=
Reserves13€103k€88k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€101k€86k▼
Profit (loss) carried forward14€15k€16k▲
Amounts payable17/49€53k€69k▲
Amounts payable within one year42/48€48k€69k▲
Current portion of amounts payable after more than one year42€8k-
Financial debts43-€23k
Credit institutions430/8-€23k
Trade debts44€17k€47k▲
Suppliers440/4€17k€47k▲
Taxes, remuneration and social security45€23k-
Taxes450/3€23k-
Accrued charges and deferred income492/3€5k-
Income statement
Code20232024
Turnover70€651k€655k▲
Goods, raw materials, services and sundry goods60/61€600k€633k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€51k€23k▼
Operating profit (loss)9901€38k€11k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€32k€5k▼
Income taxes67/77€10k€3k▼
Profit (loss) for the period9904€22k€1k▼
Profit (loss) for the period to be appropriated9905€22k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€16k▼
Profit (loss) brought forward from the previous period14P€15k€15k=
Transfer from equity791/2-€15k
Transfer to equity691/2€22k-
To other reserves6921€22k-
Profit to be distributed694/7-€15k
Directors or managers695-€15k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
31-12
Financial
Highest result since 2018net €33k ▲202%
Operating result €65k, net result €33k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲47.1%
5 profitable years in a row build equity to €102k.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €355 ▼98.8%
Net result drops to €355, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Peer · 1 establishment unit since 2017
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.
Kloosterstraat 343990 PeerGround area
948 m²
Building footprint
122 m²
Volume, LiDAR
493 m³
Parcel 72030F0199/00D000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DMD AFWERKING
since 20172.266.427.566
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030F0199/00D000 | Flanders | 948 m² | 1 · 122 m² | 6.1 m · 1 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.
Similar companies · same sector, comparable size
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MB EVOLUTION
BE 0552.870.504
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GAUQUIE
BE 0859.617.265
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MORTIER SCHRIJNWERKERIJ
BE 0862.438.777
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2017
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:iulianmihai.rizea@yahoo.com
Phone:0489431750