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DB-M Cargo

Active
Private limited companyfounded 2011active for 15 yearsSchaapschuur 4, 1790 Affligem, Belgium12 active companies are registered at this addressKBO/BCE: BE 0840.029.106
Summary

The computed 12-month bankruptcy probability of DB-M Cargo is 4.7% (elevated). The 2024 annual accounts show equity of €8,481 and a net result of -€5,518. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 22% of 6,611 sector peers (NACE 49, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
DB-M CargoActiveChecked score 36/100
Risk analysis ReportCompare

Overview

Activity
Freight transport by road
NACE 49410
1 site
Size
€91,632total assets 2024
Equity
€8,481
Loss
-€5,518
Turnover not published (micro format)
Financial health
36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
2025 accounts not filed, 87 days past the deadline1 of 3 deeds summarised
Why 36raises risk1 financial year not filed after the legal deadline; last filed accounts filed 42 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 12-09-2025)Sector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 2011Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 23% of its sector peers (NACE 49, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 34-2
equity 9.3% of total assets
Liquidity 28-8
short-term debt 47.8% · cash 1.5%
Profitability 61+6
return on assets -6.0%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,096 companies, NACE 49, micro)
Last 24 months 11-2024: 3.8% 12-2024: 3.8%● unchanged vs 11-2024 01-2025: 3.8%● unchanged vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.7%▼ -0.1 percentage points vs 02-2025 04-2025: 3.8%▲ +0.1 percentage points vs 03-2025 05-2025: 3.7%▼ -0.1 percentage points vs 04-2025 06-2025: 2.1%▼ -1.6 percentage points vs 05-2025lowest value 07-2025: 2.4%▲ +0.3 percentage points vs 06-2025 08-2025: 3.0%▲ +0.6 percentage points vs 07-2025 09-2025: 3.4%▲ +0.4 percentage points vs 08-2025 10-2025: 3.4%● unchanged vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 3.4%● unchanged vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.3%▼ -0.1 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.2%▼ -0.1 percentage points vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 4.3%▲ +1.1 percentage points vs 07-2026 09-2026: 4.5%▲ +0.2 percentage points vs 08-2026 10-2026: 4.7%▲ +0.2 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.17, compared with 0.42 in 2023, below 1; short-term debt: 47.8% and cash: 1.5% of total assets), and 90.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 21% on solvency, 25% on liquidity, 33% on profitability and 14% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 42 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 12-09-2025)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€5,518
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 6611 sector peers (2024).
NBB · sector comparison
Position among 6611 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 42 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
42 days late
2023
13 days early
2022
72 days late
2021
264 days late
2020
23 days late
2019
33 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 70 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Resignations: MICHIELS Erwin Jan Hendrik (director)…Appointment: Michiels David (director) ·…
  3. Weakest financial yearnet -€5,518

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Caution: Among the weakest 20% on net resultsector median €5,856 · 6,578 companies -€5,518 View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€5,518 View

By topic

Financials

Financial year
2024
Total assets
€91,632
Loss
-€5,518
Solvency
9.3%
Total assets▼ 30.2%
Net result
20182024
Go to Financials

Timeline

Events
19
Since
2013
  1. 18-07-2024Annual accounts filed
  2. 11-10-2023Annual accounts filed
  3. 21-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
06-10-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about DB-M Cargo

What is the company number of DB-M Cargo?
0840.029.106. In Belgium the VAT number is the company number with BE in front: BE 0840.029.106.
Where is DB-M Cargo based?
The registered office is at Schaapschuur 4, 1790 Affligem.Company details
What does DB-M Cargo do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of DB-M Cargo?
Private limited company (BV).
When was DB-M Cargo founded?
On 06-10-2011.
Is DB-M Cargo still active?
Yes, DB-M Cargo is an active enterprise in the KBO register.
What is the turnover of DB-M Cargo?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is DB-M Cargo profitable?
In financial year 2024, DB-M Cargo made a loss of €5,518.
Where can I find the annual accounts of DB-M Cargo?
DB-M Cargo filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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