DG Real Estate
ActiveDG Real Estate has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.25M and a net result of €-105k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 90 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability47▲+2
Solvency41=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.04 in 2025; short-term debt: 63.2% and cash: 1% of total assets), and 83.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2026Solvency, return and age of the figures
Solvency
16.1%
Return on assets
-0.5%
Age of the figures
6 mo
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
1920212223242526
2019 to 2026 · latest year €-105k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 17-08-2026, 75 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
75 d early
2025
70 d early
2024
2 d early
2023
on the day
2022
28 d early
2021
97 d early
2020
109 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Equity
€3.25M▼ 3.1%
2025 · €3.36M
2019: €-178k
2020: €690k
2021: €366k
2022: €3.80M
2023: €3.80M
2024: €3.51M
2025: €3.36M
2019 → 2026
Total assets
€20.24M▼ 2.5%
2025 · €20.76M
2019: €2.63M
2020: €4.70M
2021: €16.53M
2022: €21.68M
2023: €21.49M
2024: €21.22M
2025: €20.76M
2019 → 2026
Net result
€-105k▲ 31.2%
2025 · €-152k
2019: €-41k
2020: €-132k
2021: €-324k
2022: €-236k
2023: €-3k
2024: €-285k
2025: €-152k
2019 → 2026
Working capital
€-12.11M▲ 0.6%
2025 · €-12.19M
2019: €-1.85M
2020: €-2.80M
2021: €-12.27M
2022: €-11.32M
2023: €-11.48M
2024: €-12.21M
2025: €-12.19M
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€3.80M-€3.80M▼ 0.1%€3.51M▼ 7.5%€3.36M▼ 4.3%€3.25M▼ 3.1%
Operating result€-953-€242k€-28k€125k€172k▲ 37.0%
Net result€-236k-€-3k▲ 98.5%€-285k▼ 8,094%€-152k▲ 46.6%€-105k▲ 31.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 37% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €20.24M
Fixed assets
€19.56M▼ 3.4%
Current assets
€686k▲ 34.6%
Equity and liabilities €20.24M
Equity
€3.25M▼ 3.1%
Debt
€16.99M▼ 2.4%
The debt ratio rises from 83.8% to 83.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€961k▲
2025 · €929k
Cash flow
€685k▲
2025 · €651k
Solvency
16.1%▼
2025 · 16.2%
Current ratio
0.05▲
2025 · 0.04
Quick ratio
0.05▲
2025 · 0.04
Debt / equity
5.22▲
2025 · 5.18
ROE
-3.2%▲
2025 · -4.5%
ROA
-0.5%▲
2025 · -0.7%
Interest coverage
3.47▲
2025 · 3.31
Debt
€16.99M▼
2025 · €17.40M
Debt ≤ 1 year
€12.80M▲
2025 · €12.70M
Debt > 1 year
€4.11M▼
2025 · €4.51M
Income taxes
€459▼
2025 · €494
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€20.76M€20.24M▼
Fixed assets21/28€20.25M€19.56M▼
Tangible fixed assets22/27€20.25M€19.56M▼
Land and buildings22€19.64M€18.99M▼
Plant, machinery and equipment23€334k€339k▲
Furniture and vehicles24€277k€229k▼
Current assets29/58€510k€686k▲
Amounts receivable within one year40/41€95k€130k▲
Trade receivables40€95k€130k▲
Current investments50/53-€278k
Cash at bank and in hand54/58€407k€211k▼
Deferred charges and accrued income490/1€8k€68k▲
Equity and liabilities
Total equity and liabilities10/49€20.76M€20.24M▼
Equity10/15€3.36M€3.25M▼
Contributions10/11€4.69M€4.69M=
Profit (loss) carried forward14€-1.33M€-1.44M▼
Amounts payable17/49€17.40M€16.99M▼
Amounts payable after more than one year17€4.51M€4.11M▼
Financial debts170/4€3.45M€3.08M▼
Other amounts payable178/9€1.05M€1.03M▼
Amounts payable within one year42/48€12.70M€12.80M▲
Current portion of amounts payable after more than one year42€369k€373k▲
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€12k€10k▼
Other amounts payable47/48€12.30M€12.42M▲
Accrued charges and deferred income492/3€196k€75k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€803k€789k▼
Other operating charges640/8€34k€45k▲
Gross operating margin9900€963k€1.01M▲
Operating profit (loss)9901€125k€172k▲
Financial income75/76B€3k€718▼
Recurring financial income75€3k€718▼
Financial charges65/66B€280k€277k▼
Recurring financial charges65€280k€277k▼
Profit (loss) for the period before taxes9903€-152k€-104k▲
Income taxes67/77€494€459▼
Profit (loss) for the period9904€-152k€-105k▲
Profit (loss) for the period to be appropriated9905€-152k€-105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.33M€-1.44M▼
Profit (loss) brought forward from the previous period14P€-1.18M€-1.33M▼
The notes to these accounts (16 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 2027, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €2MEq €3.80M ▲938%
Equity rises from €366k to €3.80M.
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-324k
Net result drops to €-324k, the lowest in the series; recovery starts the following year.
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €500kEq €690k
Equity rises from €-178k to €690k.
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Zwevegem · 1 establishment unit since 2015
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.
Harelbeekstraat(Z) 1698550 ZwevegemGround area
2.4 ha
Building footprint
4,865 m²
Volume, LiDAR
39,825 m³
Parcel 34042A0126/00E000, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DG Real Estate
since 20152.247.643.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0126/00E000 | Flanders | 2.4 ha | 1 · 4,865 m² | 15.9 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
Legal Entity Identifier
6488U93Q8G3439GROQ11
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,148 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2015
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:didier@dginvest.be