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DIAZ

Active
Hendrik Baelskaai 45 ·8400 Oostende, Belgium
KBO/BCE: BE 0400.141.925
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age58 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DIAZ is 0.5% (very low). The 2024 annual accounts show equity of €124k and a net result of €-21k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 3354 sector peers (fiscal year 2024). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.5% Very low
0%0,5%1,5%4%10%≥25%
Long track record Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Trust signals

2 signals
Long-established
Founded in 1968, 58 years in business.
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 administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-21k
Working capital€-212k-776.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 22-08-2025 with the NBB · fiscal year 2024 · micro
€-40k€-20k€0€20k€40kOperating result 2020: €19k€19kNet result 2020: €19k€19kOperating result 2021: €11k€11kNet result 2021: €7k€7kOperating result 2022: €31k€31kNet result 2022: €20k€20kOperating result 2023: €29k€29kNet result 2023: €16k€16kOperating result 2024: €-17k€-17kNet result 2024: €-21k€-21k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~4.7%/year over 7 fiscal years, indicative, assuming unchanged policy.
€100k€200k€300k€400k2025: €331k (€321k - €341k)2026: €346k (€336k - €356k)2027: €363k (€353k - €373k)2018: €239k2019: €249k2020: €268k2021: €275k2022: €295k2023: €302k2024: €124k2018201920202021202220232024202520262027
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 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 31.7% 25.2%
better than 56% of 3354 sector peers
Net result €-21k €4k
better than 13% of 3341 sector peers
Equity €124k €23k
better than 84% of 3361 sector peers
Gross operating margin €49k €19k
better than 69% of 3327 sector peers
Staff costs €48k €27k
higher than 67% of 938 sector peers
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).
Solvency P56
2020: P74 · n=9122021: P80 · n=15172022: P84 · n=23642023: P85 · n=29752024: P56 · n=33542020 2024
Stable position over 2020-2024 · n=912-3354
Net result P13
2020: P75 · n=9092021: P54 · n=15192022: P72 · n=23652023: P69 · n=29652024: P13 · n=33412020 2024
Weakening position over 2020-2024 · n=909-3341
Equity P84
2020: P90 · n=9152021: P92 · n=15222022: P95 · n=23712023: P95 · n=29862024: P84 · n=33612020 2024
Stable position over 2020-2024 · n=915-3361
Gross operating margin P69
2020: P78 · n=9072021: P81 · n=15152022: P85 · n=23572023: P85 · n=29552024: P69 · n=33272020 2024
Stable position over 2020-2024 · n=907-3327
Describes the position versus peers, not a forecast.
EBITDA
€-6k
- far below sector median
Net profit
€-21k
- far below sector median
Cash flow
€-10k
- far below sector median
Total assets
€392k
-5.7% -98% vs sector
Equity
€124k
-59.0% -99% vs sector
Working capital
€-212k
-776.2% far below sector median
Employees (FTE)
1
0.0% -66% vs sector
Staff costs
€48k
-0.5% -93% vs sector
Income taxes
€787
-92.6% -100% vs sector
Dividends
€157k
+1629.9% 18-24
Debt
€268k
+137.3% -98% vs sector
Debt ≤ 1y
€242k
+266.9% -94% vs sector
Debt > 1y
€25k
-45.6% -100% vs sector
Current ratio
0.12
-80.5% -96% vs sector
Quick ratio
0.06
-78.6% -97% vs sector
Solvency
31.7%
-56.5% -41% vs sector
Debt / equity
2.16
+478.5% +155% vs sector
ROE
-17.1%
- far below sector median
ROA
-5.4%
- far below sector median
Interest coverage
-1.69
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-6k
Net profit€-21k
Cash flow€-10k
Staff costs€48k
Income taxes€787
Dividends€157k
Total assets€392k
Equity€124k
Debt€268k
of which ≤ 1y€242k
of which > 1y€25k
Working capital€-212k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.12
Quick ratio0.06
Working capital ratio-54.2%
Solvency31.7%
Debt / equity2.16
Long-term debt ratio0.21
Interest coverage-1.69
Gross margin-
Net margin-
ROA-5.4%
ROE-17.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€392k
Fixed assets 21/28€362k
Intangible fixed assets 21€46k
Tangible fixed assets 22/27€316k
Financial fixed assets 28€257
Current assets 29/58€30k
Stocks & contracts in progress 3€14k
Amounts receivable within one year 40/41€297
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€392k
Equity 10/15€124k
Contributions / capital 10/11€19k
Reserves 13€105k
Accumulated profits (losses) 14€0
Amounts payable 17/49€268k
Amounts payable after one year 17€25k
Amounts payable within one year 42/48€242k
Trade debts payable within one year 44€30k
Income statement
Gross operating margin 9900€49k
Operating result 9901€-17k
Financial income 75€6
Financial charges 65€3k
Result before taxes 9903€-20k
Income taxes 67/77€787
Net result for the period 9904€-21k
Result to be appropriated 9905€-21k
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 2024 · computed
12 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
DIAZ BVBA
Hendrik Baelskaai 45, 8400 Oostendehet bouwen van koelkamers, kluizen, enz.
since 19512.003.268.348
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area607 m²
Buildings1
Building footprint582 m²
Volume (LiDAR)3,050 m³
Tallest building7.7 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.
35382D0648/00V000 Flanders 607 m² 1 · 582 m² 7.7 m · 2 fl.
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

2 acts
Address history · 2
25-09-2025
Registered-office move
23-03-2023
Registered-office move
All acts · 2 updated 10 months ago
2025
25-09-2025 Registered office moved from Deinze to Oostende Registered-office change
  • Nevelmarkt 3, 9850 Deinze → Hendrik Baelskaai 45, 8400 Oostende
2023
23-03-2023 Registered office moved Registered-office change·Michaël Mullie
Notary: Michaël Mullie · Zwevegem

Analysis

Snowflake analysis

financial profile on 5 axes
Health12Profitability0Solvency39Growth32Stability100
37 / 100

Fragile profile, watch profitability in particular.

Health 12
Profitability 0
Solvency 39
Growth 32
Stability 100

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten46710Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten46810Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels47540Detailhandel in elektrische huishoudapparaten47540Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten51510Detailhandel in elektrische huishoudapparaten en in audio- en videoapparatuur52450Overige bouwinstallatie43240Overige bouwinstallatie, n.e.g.43299Overige bouwinstallatie45340Groothandel in installatiemateriaal voor loodgieterswerk en verwarming46742Groothandel in installatiemateriaal voor loodgieterswerk en verwarming46842Groothandel in loodgietersmateriaal en verwarmingsinstallaties51542
Primary activity highlighted.
Names & trade names
Legal nameNL DIAZ
Registered office
Hendrik Baelskaai 45
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.