ACTIVE

DBM - COLOR

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Financial year 2025 · closed on 31/12/2025

Net result

1,9 M €

-24.5% YoY

Revenue

27,5 M €

-0.0% YoY

Equity

7,4 M €

-23.5% YoY

Workforce

101,3 ETP

-5.2% YoY

What does DBM - COLOR do?

DBM - COLOR is a Public limited company incorporated in 1968. Its registered office is in Wetteren. It employs on average 101,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.247.617

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Kwatrechtsteenweg 160
9230 Wetteren · FlandreSee on map

Contributed capital

1 097 805,00 €

Latest accounts

31/12/2025

Average workforce

101,3 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	27,5 M €	-0.0%	27,5 M €	-3.3%	28,5 M €	-2.1%	29,1 M €	-0.5%	29,2 M €	-4.0%	30,4 M €	+21.5%	25 M €	+25.2%	20 M €	+10.9%	18 M €	+0.3%	18 M €	-7.5%	19,4 M €	-1.7%	19,8 M €	+9.2%	18,1 M €	-3.6%	18,8 M €	-32.5%	27,9 M €	+19.9%	23,2 M €	+8.6%	21,4 M €	-37.7%	34,3 M €
EBITDA	3,4 M €	-15.9%	4 M €	+3.2%	3,9 M €	+21.3%	3,2 M €	+15.1%	2,8 M €	-19.9%	3,5 M €	+23.4%	2,8 M €	+226%	-2,3 M €	-220%	1,9 M €	+27.2%	1,5 M €	+107%	713,8 k €	-29.5%	1 M €	-56.1%	2,3 M €	+240%	-1,7 M €	-172%	2,3 M €	+1518%	141,2 k €	-72.0%	504,8 k €	-84.2%	3,2 M €
Operating result	1,9 M €	-26.0%	2,5 M €	+19.6%	2,1 M €	+26.1%	1,7 M €	+12.1%	1,5 M €	-37.5%	2,4 M €	+20.7%	2 M €	+28.2%	1,5 M €	+0.2%	1,5 M €	+53.1%	998,2 k €	+278%	-560,6 k €	-76.0%	-318,5 k €	-141%	775,2 k €	+237%	-565,2 k €	-189%	636 k €	+493%	-161,7 k €	+77.6%	-723,4 k €	+86.4%	-5,3 M €
Net result	1,9 M €	-24.5%	2,5 M €	+24.3%	2 M €	+24.9%	1,6 M €	+12.3%	1,5 M €	-36.0%	2,3 M €	+18.2%	1,9 M €	+35.0%	1,4 M €	+37.2%	1 M €	+65.7%	629,5 k €	+184%	-749,1 k €	+96.0%	-18,7 M €	-26803%	70,2 k €	+118%	-391,9 k €	-419%	122,8 k €	+104%	-3,5 M €	-45.6%	-2,4 M €	+72.5%	-8,7 M €
Balance sheet
Equity	7,4 M €	-23.5%	9,7 M €	+4.8%	9,3 M €	+1.1%	9,2 M €	+1.6%	9 M €	-0.4%	9,1 M €	+5.6%	8,6 M €	+79.4%	4,8 M €	+42.7%	3,3 M €	+45.3%	2,3 M €	+37.6%	1,7 M €	-30.9%	2,4 M €	-81.9%	13,4 M €	+0.5%	13,3 M €	-2.9%	13,7 M €	+0.9%	13,6 M €	-20.4%	17 M €	+1093%	1,4 M €
Total assets	18,8 M €	-0.4%	18,9 M €	+6.5%	17,8 M €	-5.1%	18,7 M €	-1.0%	18,9 M €	-3.6%	19,6 M €	+20.8%	16,2 M €	+15.6%	14 M €	+17.0%	12 M €	+13.8%	10,5 M €	-17.3%	12,8 M €	+7.3%	11,9 M €	-58.5%	28,7 M €	-43.6%	50,9 M €	-0.3%	51 M €	-10.7%	57,2 M €	-2.8%	58,8 M €	-9.5%	65 M €
Cash	1,3 M €	+1814%	67,4 k €	+374%	14,2 k €	-99.3%	2,2 M €	+8.6%	2 M €	+1365%	135,2 k €	+36.9%	98,8 k €	+12.6%	87,7 k €	+222%	27,3 k €	+71.7%	15,9 k €	-44.3%	28,5 k €	+94.3%	14,7 k €	-42.4%	25,5 k €	+149%	10,3 k €	-89.7%	99,3 k €	+32.6%	74,9 k €	+239%	22,1 k €	-74.6%	87,2 k €
Debts	11,4 M €	+24.3%	9,1 M €	+7.6%	8,5 M €	-11.0%	9,5 M €	-3.3%	9,9 M €	-6.3%	10,5 M €	+38.3%	7,6 M €	-14.8%	8,9 M €	+8.2%	8,3 M €	+3.0%	8 M €	-26.7%	10,9 M €	+18.5%	9,2 M €	-39.2%	15,2 M €	-59.2%	37,2 M €	-0.2%	37,3 M €	-13.8%	43,3 M €	+4.8%	41,3 M €	-34.4%	63 M €
Other
Workforce	101,3 ETP	-5.2%	106,9 ETP	-6.7%	114,6 ETP	-0.5%	115,2 ETP	-4.8%	121,0 ETP	+7.8%	112,2 ETP	+14.8%	97,7 ETP	-8.9%	107,2 ETP	-0.3%	107,5 ETP	-9.8%	119,2 ETP	-22.3%	153,4 ETP	-2.7%	157,7 ETP	-4.0%	164,2 ETP	+3.4%	158,8 ETP	-9.8%	176,1 ETP	+18.8%	148,2 ETP	-4.0%	154,4 ETP	-21.4%	196,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Ilse Van Vaerenbergh

Director · since 12 juin 2023 · until 12 juin 2028

Active

Stef De corte

Managing director · since 15 mars 2022 · until 12 juin 2028

Active

Ended mandates

Filmobel

Managing director · since 08 juin 2020 · until 15 mars 2022 · 0408.058.709

Represented by Stef De corte

Ended

Smartphoto group

Managing director · since 08 juin 2020 · until 15 mars 2022 · 0405.706.755

Represented by Stef De corte

Ended

Smartphoto group

Managing director · since 08 juin 2020 · until 12 juin 2023 · 0405.706.755

Represented by Stef De corte

Ended

Ilse Van Vaerenbergh

Director · since 01 janvier 2020 · until 12 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
Filmobel● Active	0408.058.709
Smartphoto group● Active	0405.706.755

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	25/06/2025	25/06/2024	26/06/2023	06/02/2023	22/06/2021
General meeting	08/06/2026	09/06/2025	10/06/2024	12/06/2023	13/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	08/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	09/06/2025	25/06/2025	Dutch	PDF
Full model	31/12/2023	10/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	12/06/2023	26/06/2023	Dutch	PDF
Full modelCorrection	31/12/2021	13/06/2022	06/02/2023	Dutch	PDF
Full model	31/12/2021	13/06/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	14/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	22/06/2020	Dutch	PDF
Full model	31/12/2018	10/06/2019	25/06/2019	Dutch	PDF
Full model	31/12/2017	11/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	13/06/2016	27/06/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	10/06/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	10/06/2013	24/06/2013	Dutch	PDF
Full model	31/12/2011	11/06/2012	27/06/2012	Dutch	PDF
Full model	31/12/2010	13/06/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	14/06/2010	07/07/2010	Dutch	PDF
Full model	31/12/2008	08/06/2009	29/06/2009	Dutch	PDF
Full model	31/12/2007	09/06/2008	25/06/2008	Dutch	PDF
Full model	31/12/2006	11/06/2007	19/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 24 ended

Active mandates

Ilse Van Vaerenbergh

Director · since 12 juin 2023 · until 12 juin 2028

Active

Stef De corte

Managing director · since 15 mars 2022 · until 12 juin 2028

Active

Ended mandates

Filmobel

Managing director · since 08 juin 2020 · until 15 mars 2022 · 0408.058.709

Represented by Stef De corte

Ended

Smartphoto group

Managing director · since 08 juin 2020 · until 15 mars 2022 · 0405.706.755

Represented by Stef De corte

Ended

Smartphoto group

Managing director · since 08 juin 2020 · until 12 juin 2023 · 0405.706.755

Represented by Stef De corte

Ended

Ilse Van Vaerenbergh

Director · since 01 janvier 2020 · until 12 juin 2023

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/09/2026
Benoeming commissaris
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates02/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/12/2017
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,9 M €↓
2024
Annual accounts 20242,5 M €↑
2023
Annual accounts 20232 M €↑
12/06/2023
reconductionIlse Van Vaerenbergh — bestuurder
12/06/2023
nominationDeloitte Bedrijfsrevisoren — Commissaris
2022
Annual accounts 20221,6 M €↑
2021
Annual accounts 20211,5 M €↓
2020
Annual accounts 20202,3 M €↑
2019
Annual accounts 20191,9 M €↑
2016
Annual accounts 20161,4 M €↑
2015
Annual accounts 20151 M €↑
2014
Annual accounts 2014629,5 k €↑
2013
Annual accounts 2013-749,1 k €↑
2012
Annual accounts 2012-18,7 M €↓
2011
Annual accounts 201170,2 k €↑
2010
Annual accounts 2010-391,9 k €↓
2009
Annual accounts 2009122,8 k €↑
2008
Annual accounts 2008-3,5 M €↓
2007
Annual accounts 2007-2,4 M €↑
2006
Annual accounts 2006-8,7 M €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DBM - COLOR

Overview

What does DBM - COLOR do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline