1ST DVision

Active

Private limited companyfounded 201412 yrs activeDuwijckstraat 17-M-A, 2500 Lier, BelgiumKBO/BCE: BE 0546.856.504

The computed 12-month bankruptcy probability of 1ST DVision is 2.2% (moderate). The 2025 annual accounts show negative equity (€-5k) and a net result of €-39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 13159 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

30 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability13▼-81

Solvency23▼-14

Growth32▼-46

Track record100

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.74 against 1.05 in 2024; short-term debt: 70.1% and cash: 0.4% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-1.7%

Return on assets

-13.6%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €-5k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 d early

2024

168 d early

2023

48 d early

2022

34 d early

2021

142 d early

2020

33 d early

2019

184 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

18-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-5k

2024 · €34k

2019: €17k 2020: €-21k 2021: €39k 2022: €12k 2023: €-26k 2024: €34k

2019 → 2025

Total assets

€290k▼ 1.5%

2024 · €294k

2019: €129k 2020: €36k 2021: €177k 2022: €179k 2023: €241k 2024: €294k

2019 → 2025

Net result

€-39k

2024 · €60k

2019: €7k 2020: €-38k 2021: €60k 2022: €-26k 2023: €-38k 2024: €60k

2019 → 2025

Working capital

€-53k

2024 · €8k

2019: €15k 2020: €-19k 2021: €46k 2022: €-10k 2023: €-62k 2024: €8k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€39k-€12k▼ 68.1%€-26k€34k€-5k

Operating result€61k-€-22k€-19k▲ 13.5%€77k€-28k

Net result€60k-€-26k€-38k▼ 44.0%€60k€-39k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €28k after €77k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €290k

48.3%

51.7%

Fixed assets €140k▲ 1.6%

Current assets €150k▼ 4.3%

Key figures and ratios

2025 value · change against 2024

EBITDA

€16k▼

2024 · €114k

Cash flow

€4k▼

2024 · €97k

Solvency

-1.7%▼

2024 · 11.7%

Current ratio

0.74▼

2024 · 1.05

Quick ratio

0.74▼

2024 · 1.05

Debt / equity

-59.37▼

2024 · 7.54

ROA

-13.6%▼

2024 · 20.4%

Interest coverage

1.38▼

2024 · 10.74

Debt

€295k▲

2024 · €260k

Debt ≤ 1 year

€203k▲

2024 · €148k

Debt > 1 year

€92k▲

2024 · €83k

Income taxes

€417▼

2024 · €7k

Staff costs

€260k▲

2024 · €245k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€294k€290k▼

Fixed assets21/28€138k€140k▲

Intangible fixed assets21€7k€0▼

Tangible fixed assets22/27€128k€137k▲

Land and buildings22€25k€22k▼

Plant, machinery and equipment23€17k€24k▲

Furniture and vehicles24€24k€18k▼

Leasing and similar rights25€46k€32k▼

Assets under construction and advance payments27€15k€40k▲

Financial fixed assets28€3k€3k=

Current assets29/58€157k€150k▼

Amounts receivable within one year40/41€110k€138k▲

Trade receivables40€95k€131k▲

Other amounts receivable41€15k€7k▼

Cash at bank and in hand54/58€39k€1k▼

Deferred charges and accrued income490/1€7k€11k▲

Equity and liabilities

Total equity and liabilities10/49€294k€290k▼

Equity10/15€34k€-5k▼

Contributions10/11€15k€15k=

Reserves13€2k€2k=

Distributable reserves133€2k€2k=

Profit (loss) carried forward14€17k€-22k▼

Amounts payable17/49€260k€295k▲

Amounts payable after more than one year17€83k€92k▲

Financial debts170/4€83k€92k▲

Amounts payable within one year42/48€148k€203k▲

Current portion of amounts payable after more than one year42€27k€37k▲

Financial debts43€0€752▲

Credit institutions430/8€0€752▲

Trade debts44€49k€98k▲

Suppliers440/4€49k€98k▲

Taxes, remuneration and social security45€73k€68k▼

Taxes450/3€36k€22k▼

Remuneration and social security454/9€36k€46k▲

Accrued charges and deferred income492/3€29k€0▼

Income statement Code20242025

Remuneration, social security and pensions62€245k€260k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€44k▲

Other operating charges640/8€3k€6k▲

Non-recurring operating charges66A€0€918▲

Gross operating margin9900€362k€283k▼

Operating profit (loss)9901€77k€-28k▼

Financial income75/76B€112€295▲

Recurring financial income75€112€295▲

Financial charges65/66B€11k€11k▲

Recurring financial charges65€11k€11k▲

Profit (loss) for the period before taxes9903€67k€-39k▼

Income taxes67/77€7k€417▼

Profit (loss) for the period9904€60k€-39k▼

Profit (loss) for the period to be appropriated9905€60k€-39k▼

Appropriation of the result

Profit (loss) to be appropriated9906€17k€-22k▼

Profit (loss) brought forward from the previous period14P€-43k€17k▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

29-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-39k ▼166%

Net result drops to €-39k, the lowest in the series.

13-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €60k

Net result €60k after 2 loss-making years.

13-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

27-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

11-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €60k

Net result €60k after one loss-making year.

31-12

Financial Liquidity doublescurrent ratio 1.43

Current ratio from 0.61 to 1.43.

2020

29-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2019

31-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2018

20-12

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2017

19-12

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

02-02

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 2 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Lier · 1 establishment unit since 2014

establishment The establishment unit on the map

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.

Duwijckstraat 17-M-A2500 Lier

Ground area

5.6 ha

Building footprint

2.3 ha

Volume, LiDAR

252,228 m³

Parcel 12392A0300/00C000, Flanders · tallest building 20.8 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

1ST DVision

Duwijckstraat 17-M-A, 2500 LierWarehousing and support activities for transportation

since 20142.227.382.987

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12392A0300/00C000	Flanders	5.6 ha	1 · 2.3 ha	20.8 m · 3 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.

Public money · subsidies and aid

Flemish government

2022 to 2024 · 4 entries · 3,429 EUR awarded · 3,421 EUR paid

Year	Entries	awarded	paid
2024	1	461 EUR	461 EUR
2023	1	0 EUR	1,375 EUR
2022	2	2,968 EUR	1,585 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 2,179 EUR · 2,171 EUR paid · Fonds voor Innoveren en Ondernemen

Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet

1 entry · 1,250 EUR · 1,250 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Braine-le-Château · Eq €35k

TRADIPASTA

BE 0832.509.230

Villers-le-Bouillet · Eq €34k

CREACT

BE 0778.414.310

Merelbeke-Melle · Eq €35k

RAF

BE 0841.778.173

Sint-Jans-Molenbeek · Eq €34k

Of 7,506 companies in sector 56210 we hold annual accounts for 2,445. 1,979 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-02-2014

Fiscal year end31-12

Activities, NACEBEL

56210Event catering

82300Organisation of conventions and trade shows

90021Arts creation and performing arts activities

90391Promotion and organisation of arts and performing arts events

93199Other sports activities

93299Other amusement and recreation activities

Sources

Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.