Schrijnwerken DM
ActiveSummary
The computed 12-month bankruptcy probability of Schrijnwerken DM is 2.4% (moderate). The 2025 annual accounts show equity of €45k and a net result of €-15k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 27786 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-25
Solvency87▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.74 in 2024; short-term debt: 21.6% and cash: 23.3% of total assets), and 38.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.7%
Return on assets
-20%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
58 d early
2024
23 d early
2023
20 d early
2022
26 d early
2021
215 d late
2020
19 d early
2019
20 d late
← 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
€45k▼ 24.5%
2024 · €60k
2019: €17k
2020: €34k
2021: €44k
2022: €55k
2023: €59k
2024: €60k
2019 → 2025
Total assets
€74k▼ 33.1%
2024 · €110k
2019: €70k
2020: €109k
2021: €132k
2022: €94k
2023: €132k
2024: €110k
2019 → 2025
Net result
€-15k
2024 · €872
2019: €15k
2020: €17k
2021: €10k
2022: €11k
2023: €4k
2024: €872
2019 → 2025
Working capital
€17k▼ 23.6%
2024 · €22k
2019: €7k
2020: €48k
2021: €39k
2022: €23k
2023: €15k
2024: €22k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€55k▲ 26.2%€59k▲ 7.5%€60k▲ 1.5%€45k▼ 24.5%
Operating result€14k-€16k▲ 13.8%€7k▼ 54.6%€4k▼ 51.0%€-14k
Net result€10k-€11k▲ 17.5%€4k▼ 63.7%€872▼ 79.0%€-15k
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 €14k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€41k ▼ 29.8%
Current assets
€33k ▼ 36.9%
Equity and liabilities €74k
Equity
€45k ▼ 24.5%
Debt
€28k ▼ 43.6%
Debt's share of the balance-sheet total falls from 45.4% to 38.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €27k
Cash flow
€5k▼
2024 · €24k
Current ratio
2.06▲
2024 · 1.74
Debt to equity
0.62▼
2024 · 0.83
ROE
-32.4%▼
2024 · 1.5%
ROA
-20.0%▼
2024 · 0.8%
Interest coverage
5.38▼
2024 · 13.53
Debt ≤ 1 year
€16k▼
2024 · €30k
Debt > 1 year
€12k▼
2024 · €20k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€110k€74k▼
Fixed assets21/28€58k€41k▼
Tangible fixed assets22/27€58k€41k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€34k€29k▼
Leasing and similar rights25€6k-
Current assets29/58€52k€33k▼
Stocks and contracts in progress3€500-
Stocks30/36€500-
Amounts receivable within one year40/41€22k€12k▼
Trade receivables40€15k€2k▼
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€26k€17k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€110k€74k▼
Equity10/15€60k€45k▼
Contributions10/11€2k€2k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14-€-15k
Amounts payable17/49€50k€28k▼
Amounts payable after more than one year17€20k€12k▼
Financial debts170/4€20k€12k▼
Amounts payable within one year42/48€30k€16k▼
Current portion of amounts payable after more than one year42€15k€8k▼
Trade debts44€1k€854▼
Suppliers440/4€1k€854▼
Taxes, remuneration and social security45€165-
Taxes450/3€165-
Other amounts payable47/48€14k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€20k▼
Other operating charges640/8€9k€7k▼
Gross operating margin9900€35k€13k▼
Operating profit (loss)9901€4k€-14k▼
Financial income75/76B€4€148▲
Recurring financial income75€4€148▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€2k€-15k▼
Income taxes67/77€651-
Profit (loss) for the period9904€872€-15k▼
Profit (loss) for the period to be appropriated9905€872€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€872€-15k▼
Transfer to equity691/2€872-
To other reserves6921€872-
The notes to these accounts (8 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k ▼1786%
Net result drops to €-15k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
03-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 215 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €17k ▲19.2%
Operating result €25k, net result €17k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.78
Current ratio from 1.31 to 2.78.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ninove · 1 establishment unit since 2019
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.
Guldenboom(Oke) 129400 NinoveGround area
1,039 m²
Building footprint
134 m²
Volume, LiDAR
900 m³
Parcel 41049A0447/00N002, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SCHRIJNWERKEN DM
since 20192.296.162.917
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41049A0447/00N002 | Flanders | 1,039 m² | 1 · 134 m² | 12.0 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,847 EUR awarded · 2,847 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,847 EUR | 2,847 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DEVOS DOMINIQUE
BE 0822.526.841
Kuurne · Eq €45,352
Tkartel
BE 0633.666.653
Boortmeerbeek · Eq €45,333
ISOBIS
BE 0781.528.703
Namur · Eq €45,329
DE WEVER DIRK
BE 0440.359.214
Westerlo · Eq €45,394
D-designs
BE 0767.752.723
Zonnebeke · Eq €45,296
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,295 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
Founded21-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.