Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of DHR PARTNERS is 0.5% (low). The 2025 annual accounts show equity of €667k and a net result of €109k. Equity is growing by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 76 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 6 annual accounts.
Signals
3 signals · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 85% of 76 peers (2025). A comfortable equity buffer.
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-11-2025, 6 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.
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.
How we compute the deadline
The year end is derived from 6 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 06-11-2025 | 6 d late | 2025-00563464 |
| 31-03-2024 | 31-10-2024 | 05-11-2024 | 5 d late | 2024-00529660 |
| 31-03-2023 | 31-10-2023 | 27-10-2023 | 4 d early | 2023-00498159 |
| 31-03-2022 | 31-10-2022 | 27-10-2022 | 4 d early | 2022-20476994 |
| 31-03-2021 | 31-10-2021 | 05-11-2021 | 5 d late | 2021-76700537 |
| 31-03-2020 | 31-10-2020 | 05-01-2021 | 66 d late | 2021-00400073 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.5%
Low
0%0,5%1,5%4%10%≥25%
Annual accounts: healthy financial profile
−Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€109k-63.4%
Working capital€622k+4.1%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 06-11-2025 with the NBB · fiscal year 2025 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~55.4%/year over 6 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 73, Advertising & market research · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.1% | 46.1% | |
| Net result | €109k | €52k | |
| Equity | €667k | €279k | |
| Gross operating margin | €660k | €133k | |
| Staff costs | €499k | €272k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P85
Stable position over 2020-2025
· n=76-220
P74
Stable position over 2020-2025
· n=76-220
P73
Improving position over 2020-2025
· n=76-220
P85
Improving position over 2020-2025
· n=75-218
Describes the position versus peers, not a forecast.
€131k
-66.5%
20-25
€109k
-63.4%
20-25
€123k
-60.0%
20-25
€832k
-4.2%
20-25
€667k
+8.5%
20-25
€622k
+4.1%
20-25
5
+13.6%
20-25
€499k
+34.6%
20-25
€20k
-79.0%
20-25
€165k
-35.0%
20-25
€130k
-45.7%
20-25
€36k
+127.3%
20-25
5.80
+65.5%
20-25
5.80
+65.5%
20-25
80.1%
+13.3%
20-25
0.25
-40.1%
20-25
16.3%
-66.3%
20-25
13.0%
-61.8%
20-25
17.68
-90.2%
20-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €131k |
| Net profit | €109k |
| Cash flow | €123k |
| Staff costs | €499k |
| Income taxes | €20k |
| Dividends | - |
| Total assets | €832k |
| Equity | €667k |
| Debt | €165k |
| of which ≤ 1y | €130k |
| of which > 1y | €36k |
| Working capital | €622k |
| Employees (FTE) | 5.0 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 5.80 |
| Quick ratio | 5.80 |
| Working capital ratio | 74.7% |
| Solvency | 80.1% |
| Debt / equity | 0.25 |
| Long-term debt ratio | 0.05 |
| Interest coverage | 17.68 |
| Gross margin | - |
| Net margin | - |
| ROA | 13.0% |
| ROE | 16.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €832k |
| Fixed assets | 21/28 | €81k |
| Tangible fixed assets | 22/27 | €81k |
| Current assets | 29/58 | €751k |
| Amounts receivable within one year | 40/41 | €603k |
| Investments | 50/53 | €68k |
| Cash & bank | 54/58 | €80k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €832k |
| Equity | 10/15 | €667k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €596k |
| Accumulated profits (losses) | 14 | €52k |
| Amounts payable | 17/49 | €165k |
| Amounts payable after one year | 17 | €36k |
| Amounts payable within one year | 42/48 | €130k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €660k |
| Operating result | 9901 | €116k |
| Financial income | 75 | €19k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €128k |
| Income taxes | 67/77 | €20k |
| Net result for the period | 9904 | €109k |
| Result to be appropriated | 9905 | €109k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
1 directorCurrent directors & mandates
-
Current28-11-2023 → present
2 events
- 28-11-2023 Resigned· Director
- 28-11-2023 Mandate renewed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van public relations en communicatie(73300) |
| Legal form | Private limited company(610) |
| Incorporation | 08-05-2018 |
| Status | Active |
| Postal code | 2930 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Bredabaan 8592930 BrasschaatEstablishment units
1 locationDHR PARTNERS
since 20182.275.669.983
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,624 m²
Buildings1
Building footprint588 m²
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0250/00S000 | Flanders | 2,624 m² | 1 · 588 m² | - |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts Address history · 1
06-05-2026
Seat change: new_seat: Bredabaan 859 - 2930 Brasschaat
All acts · 3
updated 3 months ago
2026
06-05-2026 General meeting · Officer resignation · Officer appointment · Board meeting
- Filing: 2026-04-10 · DHR PARTNERS
- General meeting: 2026-01-23 · DHR PARTNERS
- Officer resignation: date: 2026-01-23, role: bestuurder · Dirk Heirman
- Officer appointment: role: bestuurder, duration: onbepaalde duur, start_date: 2026-01-23, permanent_representative: Dirk Heirman · Customer Intimacy Consultancy BV
- Officer appointment: role: bestuurder, duration: onbepaalde duur, start_date: 2026-01-23, permanent_representative: DA&X bv, permanent_representative_agent: Dieter De Waegeneer · Partena Growth Partners bv
- Officer appointment: role: bestuurder, duration: onbepaalde duur, start_date: 2026-01-23, permanent_representative: Kurt Clarysse · Partena Outsourcing Solutions nv
- Board meeting: 2026-01-23 · DHR PARTNERS
- Seat change: new_seat: Bredabaan 859 - 2930 Brasschaat · DHR PARTNERS
- Officer appointment: role: dagelijks bestuurder, duration: onbepaalde tijd, start_date: 2026-01-23, permanent_representative: Dirk Heirman · Customer Intimacy Consultancy BV
- Power of attorney: scope: teneinde de genomen beslissingen van de algemene vergadering en de raad van bestuur op te nemen/neer te leggen/te publiceren in de Bijlagen bij het Belgisch Staatsblad, in de Kruispuntbank voor Ondernemingen, in het rechtspersonenregister, in het aandelenregister en in het UBO, inclusief alle benodigde documenten en stukken hieromtrent te ondertekenen., co_attorney: Katia De Wilde · DHR PARTNERS
- Publication: 2026-05-06
- Act object: Zetelverplaatsing - Benoemingen
Summary:
General meeting · Officer resignation · Officer appointment · Board meeting
2023
28-11-2023 1 resigning, 1 reappointed
2018
11-05-2018 Incorporation of a new BV
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes90
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
81
Solvency
100
Growth
78
Stability
100
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Credit advice
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We hold annual accounts for 2,243 of the 13,477 companies in this sector. 981 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Overige vormen van onderwijs85599Overige vormen van onderwijs85599
Primary activity highlighted.
Names & trade names
| Legal nameNL | DHR PARTNERS |
Registered office
Bredabaan 859
2930 Brasschaat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.