DMY
Open bankruptcySummary
A bankruptcy procedure is open for DMY according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-284k) and a net result of €-303k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 18-08-2023, 166 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
166 d early
2022
20 d early
2021
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-284k
2022 · €49k
2021: €34k
2022: €49k▲ +42.0% vs 2021highest in 3 years
2023: €-284k▼ -680% vs 2022lowest in 3 years
2021 → 2023
Total assets
€42k▼ 84.8%
2022 · €275k
2021: €235k
2022: €275k▲ +17.1% vs 2021highest in 3 years
2023: €42k▼ -84.8% vs 2022lowest in 3 years
2021 → 2023
Net result
€-303k
2022 · €14k
2021: €-16k
2022: €14k▲ +193% vs 2021highest in 3 years
2023: €-303k▼ -2193% vs 2022lowest in 3 years
2021 → 2023
Working capital
€-322k▼ 319%
2022 · €-77k
2021: €-37khighest in 3 years
2022: €-77k▼ -108% vs 2021
2023: €-322k▼ -319% vs 2022lowest in 3 years
2021 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€34k-€49k▲ 42.0%€-284k
2021: €34k
2022: €49k▲ +42.0% vs 2021highest in 3 years
2023: €-284k▼ -680% vs 2022lowest in 3 years
Operating result€-13k-€16k€-302k
2021: €-13k
2022: €16k▲ +222% vs 2021highest in 3 years
2023: €-302k▼ -1942% vs 2022lowest in 3 years
Net result€-16k-€14k€-303k
2021: €-16k
2022: €14k▲ +193% vs 2021highest in 3 years
2023: €-303k▼ -2193% vs 2022lowest in 3 years
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 2023: a loss of €302k after €16k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €42k
Fixed assets
€38k ▼ 83.8%
Current assets
€4k ▼ 90.9%
Key figures and ratios
EBITDA
€-289k▼
2022 · €34k
Cash flow
€-290k▼
2022 · €32k
Solvency
-676.9%▼
2022 · 17.8%
Current ratio
0.01▼
2022 · 0.33
Debt to equity
-1.15▼
2022 · 4.62
ROA
-722.1%▼
2022 · 5.3%
Interest coverage
-234.48▼
2022 · 17.64
Debt
€326k▲
2022 · €226k
Debt ≤ 1 year
€326k▲
2022 · €116k
Staff costs
€53k▲
2022 · €97
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 · 2023 against 2022 · 40 lines
Balance sheet
Code20222023
Assets
Total assets20/58€275k€42k▼
Fixed assets21/28€236k€38k▼
Tangible fixed assets22/27€236k€38k▼
Land and buildings22€185k-
Plant, machinery and equipment23€51k€38k▼
Current assets29/58€39k€4k▼
Amounts receivable within one year40/41€33k€3k▼
Trade receivables40€16k€3k▼
Other amounts receivable41€17k-
Cash at bank and in hand54/58€6k€700▼
Equity and liabilities
Total equity and liabilities10/49€275k€42k▼
Equity10/15€49k€-284k▼
Contributions10/11€50k€20k▼
Profit (loss) carried forward14€-1k€-304k▼
Amounts payable17/49€226k€326k▲
Amounts payable after more than one year17€111k-
Financial debts170/4€111k-
Amounts payable within one year42/48€116k€326k▲
Current portion of amounts payable after more than one year42€8k-
Trade debts44€40k€296k▲
Suppliers440/4€40k€296k▲
Taxes, remuneration and social security45-€16k
Taxes450/3-€2k
Remuneration and social security454/9-€14k
Other amounts payable47/48€68k€14k▼
Income statement
Code20222023
Non-recurring operating income76A-€64k
Remuneration, social security and pensions62€97€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€13k▼
Other operating charges640/8€1k€736▼
Gross operating margin9900€35k€-235k▼
Operating profit (loss)9901€16k€-302k▼
Financial income75/76B-€22
Recurring financial income75-€22
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€14k€-303k▼
Profit (loss) for the period9904€14k€-303k▼
Profit (loss) for the period to be appropriated9905€14k€-303k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-304k▼
Profit (loss) brought forward from the previous period14P€-16k€-1k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €64k | - |
| Remuneration, social security and pensions62 | - | €97 | €53k | ▲ 54,784% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €17k | €13k | ▼ 25.6% |
| Other operating charges640/8 | - | €1k | €736 | ▼ 35.8% |
| Gross operating margin9900 | €18k | €35k | €-235k | ▼ 774% |
| Operating profit (loss)9901 | €-13k | €16k | €-302k | ▼ 1,942% |
| Financial income75/76B | - | - | €22 | - |
| Recurring financial income75 | €1 | - | €22 | - |
| Financial charges65/66B | - | €2k | €1k | ▼ 35.3% |
| Recurring financial charges65 | €2k | €2k | €1k | ▼ 35.3% |
| Profit (loss) for the period before taxes9903 | €-16k | €14k | €-303k | ▼ 2,193% |
| Profit (loss) for the period9904 | €-16k | €14k | €-303k | ▼ 2,193% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €14k | €-303k | ▼ 2,193% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €235k | €275k | €42k | ▼ 84.8% |
| Fixed assets21/28 | €190k | €236k | €38k | ▼ 83.8% |
| Tangible fixed assets22/27 | €190k | €236k | €38k | ▼ 83.8% |
| Land and buildings22 | - | €185k | - | - |
| Plant, machinery and equipment23 | - | €51k | €38k | ▼ 25.0% |
| Current assets29/58 | €45k | €39k | €4k | ▼ 90.9% |
| Amounts receivable within one year40/41 | €42k | €33k | €3k | ▼ 91.4% |
| Trade receivables40 | - | €16k | €3k | ▼ 82.6% |
| Other amounts receivable41 | - | €17k | - | - |
| Cash at bank and in hand54/58 | €3k | €6k | €700 | ▼ 87.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €235k | €275k | €42k | ▼ 84.8% |
| Equity10/15 | €34k | €49k | €-284k | ▼ 680% |
| Contributions10/11 | - | €50k | €20k | ▼ 60.0% |
| Profit (loss) carried forward14 | €-16k | €-1k | €-304k | ▼ 28,247% |
| Amounts payable17/49 | €200k | €226k | €326k | ▲ 44.0% |
| Amounts payable after more than one year17 | €118k | €111k | - | - |
| Financial debts170/4 | - | €111k | - | - |
| Amounts payable within one year42/48 | €82k | €116k | €326k | ▲ 182% |
| Current portion of amounts payable after more than one year42 | - | €8k | - | - |
| Trade debts44 | €2k | €40k | €296k | ▲ 641% |
| Suppliers440/4 | - | €40k | €296k | ▲ 641% |
| Taxes, remuneration and social security45 | - | - | €16k | - |
| Taxes450/3 | - | - | €2k | - |
| Remuneration and social security454/9 | - | - | €14k | - |
| Other amounts payable47/48 | - | €68k | €14k | ▼ 79.6% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €14k | €-303k | ▼ 2,193% |
| + Depreciation and write-downs630 | €12k | €17k | €13k | ▼ 25.6% |
| Operating cash flow (approximation) | €-3k | €32k | €-290k | ▼ 1,015% |
| Investment in fixed assets (approximation) | - | €-64k | €185k | ▲ 389% |
| Change in cash | - | €2k | €-5k | ▼ 324% |
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
2023
25-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 21-08-2023
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-303k
Net result drops to €-303k, the lowest in the series.
11-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Genk · 1 establishment unit since 2022
Ground area
2.9 ha
Building footprint
2.5 ha
Volume, LiDAR
165,754 m³
Parcel 71016I1055/00H000, Flanders · tallest building 64.2 m, ±2 floors. Linked by address, not a title deed.
87
companies at this address
See who is registered here
1 establishment unit
OLIVE
since 20222.330.916.136
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I1055/00H000 | Flanders | 2.9 ha | 1 · 2.5 ha | 64.2 m · 2 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | KRISTIEN HANSSEN DIEPLAAN 57, 3600 GENK- |
21-08-2023 → present |
| Curator | TANGUY PAQUET DIEPLAAN 57,
3600 GENK |
21-08-2023 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.330.916.136
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,825 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-02-2020
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68321Property management for co-owned buildings (syndics)
Scores and ratios are computed by Checked and are not a credit decision.