Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 114.6 to 101.3.
Financials
Financial year 2025
DBM - COLOR from Wetteren, company number BE0402247617, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year DBM - COLOR recorded revenue of € 27.5 million and equity of € 7.4 million. Compared with financial year 2024, the result moved from € 2.5 million to € 1.9 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 7.4 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▲ € 1.2 million vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
101.3
▼ 5.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.5 million
▲ 1% vs 2024
€ 44,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,196
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 109 days on average.
€ 1.1 million
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 29,050,717 | € 28,454,545 | € 27,507,126 | € 27,505,379 | |
| Profit after taxes | € 1,641,165 | € 2,049,368 | € 2,546,803 | € 1,921,776 | ▼ 25% |
| Equity | € 9,157,716 | € 9,257,084 | € 9,703,887 | € 7,425,663 | ▼ 23% |
| Total debts | € 9,549,029 | € 8,496,276 | € 9,139,129 | € 11,361,492 | ▲ 24% |
| Cash | € 2,152,562 | € 14,219 | € 67,431 | € 1,290,733 | ▲ € 1.2 million |
| Land & buildings | € 700,068 | € 949,126 | € 864,878 | € 955,435 | ▲ 10% |
| Retained profit | € 8,059,911 | € 8,159,279 | € 8,606,082 | € 6,327,858 | ▼ 26% |
| Dividend | € 1,500,000 | € 1,950,000 | € 2,100,000 | € 4,200,000 | ▲ 100% |
| Bank debt | € 427,962 | € 89,420 | € 0 | € 0 | |
| Balance sheet total | € 18,707,816 | € 17,753,745 | € 18,911,728 | € 18,838,367 | |
| Employees (FTE) | 115.2 | 114.6 | 106.9 | 101.3 | ▼ 5.6 |
Key figures of DBM - COLOR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DBM - COLOR?
What happened at DBM - COLOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ilse Van Vaerenbergh stepped down as director. NBB
- Stef De corte stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▼ 25% vs 2024). Source: NBB ↗
- Ilse Van Vaerenbergh became a director. NBB
- Stef De corte became a director. NBB
- New establishment in Wetteren. KBO
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.6 million profit in 2022 to € 1.9 million profit in 2025.
Paid € 471,056 in corporate taxes since 2022.
Best year ever: 2024, with € 2.5 million profit.
Paid out € 9.8 million in dividends to the owners in total.
Management
The shares are held by Smartphoto group NV (100%) and Promo Concept Investment (0%). It owns 0.3% of PROMO CONCEPT INVESTMENT BV, 0.3% of AULTMORE NV and 0.1% of FILMOBEL NV itself.
Directors
According to the 2025 annual accounts
Stef De corte
Managing director
Also active at: Smartphoto group, Filmobel, PROMO CONCEPT INVESTMENT, Topfanz, NAYAN, AULTMORE
since 2022 · until 2028
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Kwatrechtsteenweg 160
9230 Wetteren
Vantegemstraat 21
9230 Wetteren
Active since 10 September 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.247.617
- VAT number
- BE 0402.247.617
- Registered office
- Kwatrechtsteenweg 160, 9230 Wetteren
- Names & denominations
- DBM - COLOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Fotolaboratoria
Overige fotografische activiteiten