DB Fly
ActiveSummary
DB Fly has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €162k and a net result of €89k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 968 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency79▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.66 in 2024; short-term debt: 45.7% and cash: 95.1% of total assets), and 45.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.3%
Return on assets
29.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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 · 9 filingsDeviation from the deadline
2025
47 d late
2024
130 d late
2023
495 d late
2022
861 d late
2021
225 d late
2020
590 d late
2019
952 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€162k▲ 6.0%
2024 · €153k
2018: €29klowest in 8 years
2019: €41k▲ +40.7% vs 2018
2020: €69k▲ +66.8% vs 2019
2021: €82k▲ +19.0% vs 2020
2022: €106k▲ +28.9% vs 2021
2023: €128k▲ +21.0% vs 2022
2024: €153k▲ +19.9% vs 2023
2025: €162k▲ +6.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€299k▲ 21.6%
2024 · €246k
2018: €120klowest in 8 years
2019: €164k▲ +36.6% vs 2018
2020: €166k▲ +0.9% vs 2019
2021: €148k▼ -10.6% vs 2020
2022: €179k▲ +20.5% vs 2021
2023: €200k▲ +12.0% vs 2022
2024: €246k▲ +22.9% vs 2023
2025: €299k▲ +21.6% vs 2024highest in 8 years
2018 → 2025
Net result
€89k▼ 15.4%
2024 · €105k
2018: €52klowest in 8 years
2019: €62k▲ +18.6% vs 2018
2020: €78k▲ +25.3% vs 2019
2021: €74k▼ -4.4% vs 2020
2022: €78k▲ +4.5% vs 2021
2023: €72k▼ -6.9% vs 2022
2024: €105k▲ +46.0% vs 2023highest in 8 years
2025: €89k▼ -15.4% vs 2024
2018 → 2025
Working capital
€162k▲ 6.0%
2024 · €153k
2018: €21klowest in 8 years
2019: €34k▲ +58.8% vs 2018
2020: €64k▲ +87.6% vs 2019
2021: €82k▲ +28.4% vs 2020
2022: €106k▲ +28.9% vs 2021
2023: €128k▲ +21.0% vs 2022
2024: €153k▲ +19.9% vs 2023
2025: €162k▲ +6.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€106k▲ 28.9%€128k▲ 21.0%€153k▲ 19.9%€162k▲ 6.0%
2021: €82klowest in 5 years
2022: €106k▲ +28.9% vs 2021
2023: €128k▲ +21.0% vs 2022
2024: €153k▲ +19.9% vs 2023
2025: €162k▲ +6.0% vs 2024highest in 5 years
Operating result€102k-€107k▲ 4.5%€108k▲ 1.4%€136k▲ 25.1%€131k▼ 3.4%
2021: €102klowest in 5 years
2022: €107k▲ +4.5% vs 2021
2023: €108k▲ +1.4% vs 2022
2024: €136k▲ +25.1% vs 2023highest in 5 years
2025: €131k▼ -3.4% vs 2024
Net result€74k-€78k▲ 4.5%€72k▼ 6.9%€105k▲ 46.0%€89k▼ 15.4%
2021: €74k
2022: €78k▲ +4.5% vs 2021
2023: €72k▼ -6.9% vs 2022lowest in 5 years
2024: €105k▲ +46.0% vs 2023highest in 5 years
2025: €89k▼ -15.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299k
Fixed assets
€25 =
Current assets
€299k ▲ 21.6%
Equity and liabilities €299k
Equity
€162k ▲ 6.0%
Debt
€136k ▲ 47.5%
Debt's share of the balance-sheet total rises from 37.6% to 45.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.19▼
2024 · 2.66
Debt to equity
0.84▲
2024 · 0.60
ROE
54.9%▼
2024 · 68.8%
ROA
29.8%▼
2024 · 42.9%
Debt ≤ 1 year
€136k▲
2024 · €93k
Income taxes
€42k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€246k€299k▲
Fixed assets21/28€25€25=
Financial fixed assets28€25€25=
Current assets29/58€246k€299k▲
Amounts receivable within one year40/41€26k€15k▼
Trade receivables40€26k€14k▼
Other amounts receivable41€694€475▼
Cash at bank and in hand54/58€219k€284k▲
Equity and liabilities
Total equity and liabilities10/49€246k€299k▲
Equity10/15€153k€162k▲
Contributions10/11€19k€19k=
Reserves13€52k€52k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€83k€92k▲
Amounts payable17/49€93k€136k▲
Amounts payable within one year42/48€93k€136k▲
Trade debts44€146€10k▲
Suppliers440/4€146€10k▲
Taxes, remuneration and social security45€24k€57k▲
Taxes450/3€24k€57k▲
Other amounts payable47/48€68k€69k▲
Income statement
Code20242025
Other operating charges640/8€1k€967▼
Gross operating margin9900€137k€132k▼
Operating profit (loss)9901€136k€131k▼
Financial charges65/66B€270€193▼
Recurring financial charges65€270€193▼
Non-recurring financial charges66B€270€193▼
Profit (loss) for the period before taxes9903€135k€131k▼
Income taxes67/77€30k€42k▲
Profit (loss) for the period9904€105k€89k▼
Profit (loss) for the period to be appropriated9905€105k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€173k€172k▼
Profit (loss) brought forward from the previous period14P€67k€83k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
Profit to be distributed694/7€80k€80k=
Return on contributions (dividend)694€80k€80k=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | - | - | - | - | - |
| Other operating charges640/8 | €921 | €851 | €917 | €1k | €967 | ▼ 7.5% |
| Gross operating margin9900 | €108k | €108k | €109k | €137k | €132k | ▼ 3.5% |
| Operating profit (loss)9901 | €102k | €107k | €108k | €136k | €131k | ▼ 3.4% |
| Financial charges65/66B | €152 | €416 | €185 | €270 | €193 | ▼ 28.5% |
| Recurring financial charges65 | €152 | €416 | €185 | €270 | €193 | ▼ 28.5% |
| Non-recurring financial charges66B | - | €416 | €185 | €270 | €193 | ▼ 28.5% |
| Profit (loss) for the period before taxes9903 | €102k | €107k | €108k | €135k | €131k | ▼ 3.4% |
| Income taxes67/77 | €28k | €29k | €36k | €30k | €42k | ▲ 38.9% |
| Profit (loss) for the period9904 | €74k | €78k | €72k | €105k | €89k | ▼ 15.4% |
| Profit (loss) for the period to be appropriated9905 | €74k | €78k | €72k | €105k | €89k | ▼ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €148k | €179k | €200k | €246k | €299k | ▲ 21.6% |
| Fixed assets21/28 | €25 | €25 | €25 | €25 | €25 | = |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €148k | €179k | €200k | €246k | €299k | ▲ 21.6% |
| Amounts receivable within one year40/41 | €8k | €12k | - | €26k | €15k | ▼ 44.4% |
| Trade receivables40 | €7k | €11k | - | €26k | €14k | ▼ 44.7% |
| Other amounts receivable41 | €1k | €1k | - | €694 | €475 | ▼ 31.6% |
| Cash at bank and in hand54/58 | €140k | €167k | €200k | €219k | €284k | ▲ 29.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €148k | €179k | €200k | €246k | €299k | ▲ 21.6% |
| Equity10/15 | €82k | €106k | €128k | €153k | €162k | ▲ 6.0% |
| Contributions10/11 | €12k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €22k | €42k | €52k | €52k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €20k | €40k | €50k | €50k | = |
| Profit (loss) carried forward14 | €68k | €65k | €67k | €83k | €92k | ▲ 11.0% |
| Amounts payable17/49 | €66k | €73k | €72k | €93k | €136k | ▲ 47.5% |
| Amounts payable within one year42/48 | €66k | €73k | €72k | €93k | €136k | ▲ 47.5% |
| Current portion of amounts payable after more than one year42 | €466 | €466 | - | - | - | - |
| Trade debts44 | €152 | €153 | €155 | €146 | €10k | ▲ 7,027% |
| Suppliers440/4 | €152 | €153 | €155 | €146 | €10k | ▲ 7,027% |
| Taxes, remuneration and social security45 | €15k | €20k | €30k | €24k | €57k | ▲ 135% |
| Taxes450/3 | €15k | €20k | €29k | €24k | €57k | ▲ 135% |
| Remuneration and social security454/9 | - | €208 | €263 | - | - | - |
| Other amounts payable47/48 | €50k | €52k | €43k | €68k | €69k | ▲ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74k | €78k | €72k | €105k | €89k | ▼ 15.4% |
| + Depreciation and write-downs630 | €5k | - | - | - | - | - |
| Operating cash flow (approximation) | €79k | €78k | €72k | €105k | €89k | ▼ 15.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €27k | €33k | €19k | €65k | ▲ 235% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
2025
08-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 130 days late
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 495 days late
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 861 days late
2024
31-12
Financial
Highest result since 2018net €105k ▲46%
Operating result €136k, net result €105k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲19.9%
7 profitable years in a row build equity to €153k.
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 225 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 590 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 952 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1318 days late
2022
31-12
Financial
Equity above €100kEq €106k ▲28.9%
5 profitable years in a row build equity to €106k.
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Herzele · 1 establishment unit since 2017
Ground area
286 m²
Building footprint
201 m²
Volume, LiDAR
1,510 m³
Parcel 41067A0147/00K000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DB Fly
since 20172.260.479.486
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41067A0147/00K000 | Flanders | 286 m² | 1 · 201 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 527 companies in sector 52230 we hold annual accounts for 278. 206 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
52230Warehousing and support activities for transportation
51100Air transport
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.