DB DRINK BOULANGER
ActiveDB DRINK BOULANGER has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €370k and a net result of €-74k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 77% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-77
Solvency88▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 3.63 in 2024; short-term debt: 28.5% and cash: 6.9% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
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
63.4%
Return on assets
-12.7%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 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
27 d late
2024
14 d late
2023
on the day
2022
23 d late
2021
85 d late
2020
30 d late
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-74k
2024 · €60k
2019: €13k
2020: €24k
2021: €-3k
2022: €-32k
2023: €49k
2024: €60k
2019 → 2025
Working capital
€275k▼ 30.9%
2024 · €399k
2019: €281k
2020: €310k
2021: €308k
2022: €295k
2023: €323k
2024: €399k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€369k-€335k▼ 9.2%€384k▲ 14.6%€444k▲ 15.7%€370k▼ 16.7%
Operating result€-753-€-32k▼ 4,176%€53k€86k▲ 63.3%€-66k
Net result€-3k-€-32k▼ 839%€49k€60k▲ 23.3%€-74k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €66k after €86k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €584k
Fixed assets
€142k▲ 23.8%
Current assets
€442k▼ 19.7%
Equity and liabilities €584k
Equity
€370k▼ 16.7%
Debt
€214k▼ 3.2%
The debt ratio rises from 33.2% to 36.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-27k▼
2024 · €118k
Cash flow
€-35k▼
2024 · €93k
Solvency
63.4%▼
2024 · 66.8%
Current ratio
2.66▼
2024 · 3.63
Quick ratio
1.39▼
2024 · 1.96
Debt / equity
0.58▲
2024 · 0.50
ROE
-20.0%▼
2024 · 13.6%
ROA
-12.7%▼
2024 · 9.1%
Interest coverage
-3.63▼
2024 · 25.61
Debt
€214k▼
2024 · €221k
Debt ≤ 1 year
€166k▲
2024 · €151k
Debt > 1 year
€43k▼
2024 · €70k
Income taxes
€213▼
2024 · €21k
Staff costs
€303▼
2024 · €681
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€665k€584k▼
Fixed assets21/28€115k€142k▲
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€111k€140k▲
Plant, machinery and equipment23€27k€22k▼
Furniture and vehicles24€69k€107k▲
Other tangible fixed assets26€15k€11k▼
Financial fixed assets28€335€335=
Current assets29/58€550k€442k▼
Stocks and contracts in progress3€254k€211k▼
Stocks30/36€254k€211k▼
Amounts receivable within one year40/41€229k€190k▼
Trade receivables40€182k€156k▼
Other amounts receivable41€47k€33k▼
Cash at bank and in hand54/58€66k€41k▼
Deferred charges and accrued income490/1€625€649▲
Equity and liabilities
Total equity and liabilities10/49€665k€584k▼
Equity10/15€444k€370k▼
Contributions10/11€288k€288k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€126k€52k▼
Amounts payable17/49€221k€214k▼
Amounts payable after more than one year17€70k€43k▼
Financial debts170/4€70k€43k▼
Amounts payable within one year42/48€151k€166k▲
Current portion of amounts payable after more than one year42€31k€28k▼
Trade debts44€84k€116k▲
Suppliers440/4€84k€116k▲
Taxes, remuneration and social security45€16k€213▼
Taxes450/3€16k€213▼
Other amounts payable47/48€20k€22k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€681€303▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€39k▲
Other operating charges640/8€7k€12k▲
Gross operating margin9900€126k€-15k▼
Operating profit (loss)9901€86k€-66k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€81k€-74k▼
Income taxes67/77€21k€213▼
Profit (loss) for the period9904€60k€-74k▼
Profit (loss) for the period to be appropriated9905€60k€-74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€126k€52k▼
Profit (loss) brought forward from the previous period14P€66k€126k▲
The notes to these accounts (13 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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
31-03
Financial
Weakest financial yearnet €-74k ▼223%
Net result drops to €-74k, the lowest in the series.
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 14 days late
31-03
Financial
Highest result since 2019net €60k ▲23.3%
Operating result €86k, net result €60k, both a record.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Back to profitnet €49k
Net result €49k after 2 loss-making years.
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 85 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
08-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Theux · 1 establishment unit since 2006
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.
Avenue René Lange 1144910 TheuxGround area
3,266 m²
Building footprint
665 m²
Volume, LiDAR
4,462 m³
Parcel 63060A0172/00L004, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DB DRINK BOULANGER
since 20062.255.460.826
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63060A0172/00L004 | Wallonia | 3,266 m² | 1 · 665 m² | 9.4 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTheux2.255.460.826
Similar companies · same sector, comparable size
BIERCENTRALE VAN DIJCK
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Depot Dorst
BE 0668.798.865
Oud-Heverlee · Eq €365k
Charlier Drinks
BE 0743.927.147
Overijse · Eq €364k
DRINK FACTORY
BE 0440.015.952
Mons · Eq €377k
GOFFIN DRINK SERVICES
BE 0788.846.164
Jalhay · Eq €378k
Of 1,508 companies in sector 47252 we hold annual accounts for 651. 461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-12-2006
Fiscal year end31-03
Activities, NACEBEL
47252Retail sale of beverages, general range
52250Logistics services
46349Wholesale of beverages, general range
51340
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.