D.B. ESTATE
ActiveD.B. ESTATE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €343k and a net result of €5k. Equity is growing by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
89
/ 100
Excellent▲ +37 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▲+8
Solvency98▲+4
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.17 against 3.98 in 2023), but 50.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
96 d late
2022
87 d late
2021
88 d late
2020
89 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€343k▲ 1.6%
2023 · €337k
2018: €34k
2019: €53k
2020: €59k
2021: €356k
2022: €359k
2023: €337k
2018 → 2024
Total assets
€693k▼ 5.8%
2023 · €736k
2018: €510k
2019: €475k
2020: €486k
2021: €850k
2022: €809k
2023: €736k
2018 → 2024
Net result
€5k
2023 · €-22k
2018: €-14k
2019: €20k
2020: €19k
2021: €298k
2022: €2k
2023: €-22k
2018 → 2024
Working capital
€381k▼ 3.9%
2023 · €396k
2018: €-32k
2019: €-5k
2020: €59k
2021: €453k
2022: €433k
2023: €396k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€59k-€356k▲ 506%€359k▲ 0.7%€337k▼ 6.0%€343k▲ 1.6%
Operating result€35k-€416k▲ 1,089%€19k▼ 95.3%€-10k€15k
Net result€19k-€298k▲ 1,429%€2k▼ 99.2%€-22k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €693k
Fixed assets
€192k▼ 6.8%
Current assets
€501k▼ 5.4%
Equity and liabilities €693k
Equity
€343k▲ 1.6%
Provisions
€114k▼ 0.5%
Debt
€237k▼ 16.7%
The debt ratio falls from 38.6% to 34.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€29k▲
2023 · €4k
Cash flow
€19k▲
2023 · €-8k
Solvency
49.5%▲
2023 · 45.9%
Current ratio
4.17▲
2023 · 3.98
Quick ratio
4.17▲
2023 · 3.98
Debt / equity
0.69▼
2023 · 0.84
ROE
1.6%▲
2023 · -6.4%
ROA
0.8%▲
2023 · -2.9%
Interest coverage
2.96▲
2023 · 0.33
Debt
€237k▼
2023 · €284k
Debt ≤ 1 year
€120k▼
2023 · €133k
Debt > 1 year
€116k▼
2023 · €151k
Staff costs
€15k▼
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€736k€693k▼
Fixed assets21/28€206k€192k▼
Tangible fixed assets22/27€206k€192k▼
Land and buildings22€204k€191k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€50€50=
Current assets29/58€529k€501k▼
Amounts receivable within one year40/41€519k€497k▼
Trade receivables40€117k€84k▼
Other amounts receivable41€403k€413k▲
Cash at bank and in hand54/58€8k€4k▼
Deferred charges and accrued income490/1€2k€759▼
Equity and liabilities
Total equity and liabilities10/49€736k€693k▼
Equity10/15€337k€343k▲
Contributions10/11€25k€25k=
Reserves13€345k€343k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€343k€341k▼
Profit (loss) carried forward14€-33k€-26k▲
Provisions and deferred taxes16€114k€114k▼
Deferred taxes168€114k€114k▼
Amounts payable17/49€284k€237k▼
Amounts payable after more than one year17€151k€116k▼
Financial debts170/4€151k€116k▼
Amounts payable within one year42/48€133k€120k▼
Current portion of amounts payable after more than one year42€44k€44k=
Financial debts43€60k€60k=
Credit institutions430/8€60k€60k=
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€17k€5k▼
Taxes450/3€11k€5k▼
Remuneration and social security454/9€6k-
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3€304-
Income statement
Code20232024
Non-recurring operating income76A-€123
Remuneration, social security and pensions62€35k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€29k€3k▼
Non-recurring operating charges66A€7k€14k▲
Gross operating margin9900€74k€61k▼
Operating profit (loss)9901€-10k€15k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€-19k€5k▲
Transfer from deferred taxes780€523€523=
Income taxes67/77€3k-
Profit (loss) for the period9904€-22k€5k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-20k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-26k▲
Profit (loss) brought forward from the previous period14P€-13k€-33k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
2023
31-12
Financial
Weakest financial yearnet €-22k ▼975%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial
Highest result since 2018net €298k ▲1429%
Operating result €416k, net result €298k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.92
Current ratio from 1.39 to 3.92.
31-12
Financial
Equity above €200kEq €356k ▲506%
3 profitable years in a row build equity to €356k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
17-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 109 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
22-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
1 director, last change in 2022
DEMARTIN Amaud
CurrentDirector · since 02-12-2022
02-12-2022
Appointed as Director
Not every act has been read: a resignation may be missing here
8 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Fleurus · 1 establishment unit since 2013
Ground area
1,218 m²
Building footprint
145 m²
Volume, LiDAR
1,137 m³
Parcel 52021C0302/00G000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
D.B. ESTATE
since 20132.221.075.019
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0302/00G000 | Wallonia | 1,218 m² | 1 · 145 m² | 10.0 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.
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Of 7,231 companies in sector 43350 we hold annual accounts for 2,333. 1,515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2013
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
69209Other tax advisory services
68201Renting and operating of own or leased residential real estate, excluding social housing
69202Legal and accounting activities
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.