DBF
ActiveSummary
DBF has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €242k and a net result of €150k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency80▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.24 in 2023; short-term debt: 45.3% and cash: 55% of total assets), and 45.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-06-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
40 d early
2023
41 d early
2022
35 d early
2021
32 d early
2020
31 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€242k▲ 15.4%
2023 · €210k
2018: €136k
2019: €166k
2020: €202k
2021: €233k
2022: €219k
2023: €210k
2018 → 2024
Total assets
€442k▲ 11.5%
2023 · €396k
2018: €225k
2019: €247k
2020: €309k
2021: €348k
2022: €395k
2023: €396k
2018 → 2024
Net result
€150k▲ 38.6%
2023 · €108k
2018: €33k
2019: €50k
2020: €83k
2021: €95k
2022: €104k
2023: €108k
2018 → 2024
Working capital
€105k▲ 139%
2023 · €44k
2018: €-12k
2019: €19k
2020: €54k
2021: €94k
2022: €94k
2023: €44k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€202k-€233k▲ 15.4%€219k▼ 5.9%€210k▼ 4.3%€242k▲ 15.4%
Operating result€108k-€124k▲ 15.0%€136k▲ 9.8%€143k▲ 4.5%€198k▲ 38.8%
Net result€83k-€95k▲ 14.1%€104k▲ 9.8%€108k▲ 4.2%€150k▲ 38.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 39% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €442k
Fixed assets
€137k ▼ 17.4%
Current assets
€305k ▲ 32.2%
Equity and liabilities €442k
Equity
€242k ▲ 15.4%
Debt
€200k ▲ 7.2%
Debt's share of the balance-sheet total falls from 47.1% to 45.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€227k▲
2023 · €165k
Cash flow
€179k▲
2023 · €131k
Current ratio
1.52▲
2023 · 1.24
Debt to equity
0.83▼
2023 · 0.89
ROE
62.0%▲
2023 · 51.6%
ROA
33.9%▲
2023 · 27.3%
Interest coverage
101.73▼
2023 · 141.69
Debt ≤ 1 year
€200k▲
2023 · €187k
Income taxes
€48k▲
2023 · €34k
Staff costs
€79k▼
2023 · €86k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€396k€442k▲
Fixed assets21/28€166k€137k▼
Tangible fixed assets22/27€165k€137k▼
Land and buildings22€102k€88k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€56k€43k▼
Financial fixed assets28€190€190=
Current assets29/58€231k€305k▲
Amounts receivable within one year40/41€22k€32k▲
Trade receivables40€22k€32k▲
Other amounts receivable41€26€26=
Current investments50/53€105k€30k▼
Cash at bank and in hand54/58€102k€243k▲
Deferred charges and accrued income490/1€2k€264▼
Equity and liabilities
Total equity and liabilities10/49€396k€442k▲
Equity10/15€210k€242k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Tax-exempt reserves132€445€445=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€189k€221k▲
Amounts payable17/49€187k€200k▲
Amounts payable within one year42/48€187k€200k▲
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€56k€60k▲
Taxes450/3€40k€47k▲
Remuneration and social security454/9€16k€13k▼
Other amounts payable47/48€118k€137k▲
Income statement
Code20232024
Remuneration, social security and pensions62€86k€79k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€29k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€253k€307k▲
Operating profit (loss)9901€143k€198k▲
Financial income75/76B€497€3k▲
Recurring financial income75€497€3k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€142k€198k▲
Income taxes67/77€34k€48k▲
Profit (loss) for the period9904€108k€150k▲
Profit (loss) for the period to be appropriated9905€108k€150k▲
Appropriation of the result
Profit (loss) to be appropriated9906€306k€339k▲
Profit (loss) brought forward from the previous period14P€198k€189k▼
Profit to be distributed694/7€118k€118k=
Return on contributions (dividend)694€118k€118k=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €150k ▲38.6%
Operating result €198k, net result €150k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €202k ▲21.6%
3 profitable years in a row build equity to €202k.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €166k ▲22%
2 profitable years in a row build equity to €166k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Opwijk · 1 establishment unit since 2014
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.
Stwg. op Aalst 2851745 OpwijkGround area
1,063 m²
Building footprint
193 m²
Volume, LiDAR
2 m³
Parcel 23752H0413/00G000, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
DBF
since 20142.225.650.251
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752H0413/00G000 | Flanders | 1,063 m² | 1 · 193 m² | 2.2 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,396 EUR awarded · 1,396 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 998 EUR | 998 EUR |
| 2024 | 1 | 68 EUR | 68 EUR |
| 2023 | 1 | 138 EUR | 138 EUR |
| 2022 | 1 | 192 EUR | 192 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Baker Tilly Consultants
BE 0451.589.735
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FIDYS
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Ans · Eq €242,080
TITECA ACCOUNTANCY GENT
BE 0644.798.194
Gent · Eq €242,183
ULTIMA FINANCIAL CONSULTANTS
BE 0899.860.387
Ternat · Eq €241,470
Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,223 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@dbf-bvba.be