OPENING OF BANKRUPTCY

DM SOLAR

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Financial year 2023 · closed on 31/12/2023
Net result
-5,3 k €
-108.5% YoY
Gross margin
449,6 k €
+23.4% YoY
Equity
159,5 k €
-3.2% YoY
Workforce
6,5 ETP
+35.4% YoY

Company — Opening of bankruptcy.

What does DM SOLAR do?

DM SOLAR is a Private company with limited liability incorporated in 2014. Its main activity is: Electrical installation. Its registered office is in Kortrijk. It employs on average 6,5 ETP workers (FTE).

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0544.561.067
Incorporation
14/01/2014
Legal form
Private company with limited liability
Registered office
Mellestraat(Heu) 56
8501 Kortrijk · FlandreSee on map
Contributed capital
12 520,00 €
Latest accounts
31/12/2023
Average workforce
6,5 ETP
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Signals
Positive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202320222021202020192018201720162015
Income statement
Gross margin449,6 k €364,4 k €256,8 k €322,4 k €241,6 k €222,4 k €220 k €185,6 k €25,6 k €
EBITDA38,2 k €111,1 k €38,7 k €105,5 k €38,1 k €24,7 k €32,5 k €97,4 k €19,2 k €
Operating result30,4 k €101,1 k €27,8 k €97 k €30,4 k €19,3 k €28 k €95 k €18,1 k €
Net result-5,3 k €62,5 k €10,8 k €61,1 k €8,2 k €4,8 k €3,7 k €68,8 k €11,5 k €
Balance sheet
Equity159,5 k €164,8 k €127,2 k €116,4 k €80,2 k €72,1 k €67,3 k €63,6 k €13,2 k €
Total assets586,7 k €663,3 k €520 k €599,8 k €554 k €480,6 k €269 k €241,2 k €120,6 k €
Cash52,2 k €89,7 k €39,9 k €57,9 k €41,9 k €28,1 k €61,8 k €46,8 k €16,1 k €
Debts398,7 k €472,1 k €384,2 k €470,4 k €464,1 k €406,4 k €200,7 k €149,2 k €99 k €
Other
Workforce6,5 ETP4,8 ETP4,0 ETP3,8 ETP–––––
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 4 ended

Active mandates

Dieter MINJAUW

Director

Active
DM Info & Consult

Director · 0865.044.911

Represented by Dieter Minjauw

Active

Ended mandates

Dieter Minjauw

Manager

Ended
Dieter Willy D Minjauw

Manager

Ended
DM Info & Consult

Manager · 0865.044.911

Represented by Dieter Minjauw

Ended
DM Info & Consult

Director · 0865.044.911

Represented by Dieter MINJAUW

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/08/202429/08/202329/08/202226/08/202111/09/202029/08/2019
General meeting29/06/202424/06/202325/06/202226/06/202117/08/202029/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202329/06/202422/08/2024DutchPDF
Abridged model31/12/202224/06/202329/08/2023DutchPDF
Abridged model31/12/202125/06/202229/08/2022DutchPDF
Abridged model31/12/202026/06/202126/08/2021DutchPDF
Micro model31/12/201917/08/202011/09/2020DutchPDF
Micro model31/12/201829/06/201929/08/2019DutchPDF
Micro model31/12/201730/06/201826/07/2018DutchPDF
Micro model31/12/201601/06/201719/07/2017DutchPDF
Abridged model31/12/201525/06/201622/07/2016DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 2 active · 4 ended

Active mandates

Dieter MINJAUW

Director

Active
DM Info & Consult

Director · 0865.044.911

Represented by Dieter Minjauw

Active

Ended mandates

Dieter Minjauw

Manager

Ended
Dieter Willy D Minjauw

Manager

Ended
DM Info & Consult

Manager · 0865.044.911

Represented by Dieter Minjauw

Ended
DM Info & Consult

Director · 0865.044.911

Represented by Dieter MINJAUW

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office24/09/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Mandates30/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2016
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other29/01/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2023
    Annual accounts 2023-5,3 k €↓
  2. 2022
    Annual accounts 202262,5 k €↑
  3. 2021
    Annual accounts 202110,8 k €↓
  4. 2020
    Annual accounts 202061,1 k €↑
  5. 2019
    Annual accounts 20198,2 k €↑
  6. 2018
    Annual accounts 20184,8 k €↑
  7. 2017
    Annual accounts 20173,7 k €↓
  8. 2016
    Annual accounts 201668,8 k €↑
  9. 2015
    Annual accounts 201511,5 k €
  10. 14/01/2014
    IncorporationPrivate company with limited liability