Equity
€1.4m ▲ 2.1%
DB-INVEST has made a profit without a break since 2016.
DB-INVEST
Lifetime
18 annual accounts with figures on one time axis, 25 filings since 1999peak €999,608 (2023)
€722,834▲ 5.0%
lowest -€94,028 (2013)
€27,492▼ 26.8%
peak €1.5m (2023)
€1.4m▲ 2.1%
€5.5m▼ 3.6%
peak 11.2 FTE (2009)
1 FTEunchanged
Board4 names since 1998
1 directorQUBIC
Documentsfilings and deeds
22-10-202683 days late
2025abbreviated format
Result from €37,549 to €27,492Merger: A. DE BUCK takes over Sky Building 22-01Merger: A. DE BUCK takes over DB-Invest 22-01Investments €654,071
Key points
from the 2025 annual accountsDebts
€5.5m 78% of the balance sheet
Financial debts 90%Suppliers 2%Taxes and wages 0%Other 9%
Of this, €3.7m falls due within a year.
Investments
€655,819 3.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 67.0% higher than in 2024.
Staff
1 FTE from 11.2 in 2009
Between 2009 and 2025, 91% of the full-time equivalents disappeared.
Filings
25 annual accounts 27 filings, 83 days
Latest accounts filed late: after the legal deadline.
Restructuring
2
2 restructurings since 2024. Latest: merger with DB-INVEST.
Checked score
69
Healthy
Financially stronger than 35% of micro companies in real estate (NACE 68)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%highest value
01-2025: 1.9%● unchanged vs 12-2024highest value
02-2025: 1.9%● unchanged vs 01-2025highest value
03-2025: 1.1%▼ -0.8 percentage points vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 0.5%▼ -0.6 percentage points vs 06-2025lowest value
08-2025: 0.5%● unchanged vs 07-2025lowest value
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.6%▲ +0.1 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.6 percentage points vs 07-2026
09-2026: 1.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.6%▼ -0.8 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 83 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.39, cash €79,291
lowers risk
Size: 1 FTE, total assets €7.0m
Founded in 1998
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 39% of them on solvency, 19% on liquidity, 28% on profitability and 52% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as DB-INVEST has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DB-INVEST itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for DB-INVEST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €90,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.39 (1.39 in 2024), below the usual 1.5. Short-term debt is 53.1% and cash 1.1% of total assets. 80.6% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 83 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-10-2026, 83 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
83 days late
2024
92 days late
2024
31 days early
2023
79 days late
2022
86 days late
2021
8 days late
2021
64 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464858147
Merger: A. DE BUCK takes over Sky Building
Resignations: Angelo De Buck (director) and Quinten De Buck (director) · The company holds all the shares of Sky Building · General meeting of 12-12-2024 · Gazette deed
Merger: A. DE BUCK takes over DB-Invest
Company renamed from A. DE BUCK to DB-INVEST · Resignation: Angelo De Buck (director) · The company holds all the shares of DB-Invest · General meeting of 12-12-2024 · Gazette deed
Merger proposal: A. DE BUCK takes over DB-INVEST
The company holds 1,000 shares of DB-INVEST (100%) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DB-INVEST Kaprijke | €7.0m | €722,834 | 19.4% | 1 |
| K & G Gavere | €7.0m | €409,104 | 2.9% | 1.1 |
| BUILDING SUPPORT Dentergem | €6.9m | €708,600 | 74.1% | 1 |
| Suc-6 Heist-op-den-Berg | €8.9m | €640,482 | 54.3% | 1 |
| SERVICE I.T. Lokeren | €4.1m | €474,878 | 81.8% | 1 |
| OUD-ARENBERG Ostend | €5.7m | €456,269 | 18.2% | 0.9 |
| ARLE Brussels | €5.6m | €653,102 | -226.0% | 1 |
These companies have the same main activity as DB-INVEST: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €4.1m and €8.9m, founded between 1995 and 2005.
Official details
Source: KBO- Status
- Active since 23-12-1998Normal situation
- Activity
- Development of residential building projectsNACE 68121and 3 others
- Joint committees
- 100Auxiliary committee for blue-collar workers
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.090.032.0769971 Kaprijke, since 22-01-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Annual accounts 2025
- ≈ €1.3mestimated
- €7.0m▼ 2.5%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 22-10-2026
Insights on DB-INVEST
DB-INVEST files the abbreviated format. That format states no turnover. The gross margin rose from €447,439 in 2007 to €722,834 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DB-INVEST
- What is the company number of DB-INVEST?
- The company number of DB-INVEST is 0464.858.147. The VAT number is the same number with BE in front: BE 0464.858.147.
- Where is DB-INVEST based?
- The registered office is at Eeklostraat 11, 9971 Kaprijke.Company details
- What does DB-INVEST do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DB-INVEST?
- DB-INVEST is a private limited company (BV).
- When was DB-INVEST founded?
- DB-INVEST was founded on 23-12-1998.
- Is DB-INVEST still active?
- Yes, DB-INVEST is an active enterprise in the KBO register.
- How many employees does DB-INVEST have?
- DB-INVEST had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DB-INVEST fall under?
- In its 2025 annual accounts, DB-INVEST states joint committees 100 (Auxiliary committee for blue-collar workers) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DB-INVEST?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €722,834 and 40 comparable companies (NACE 681). It probably lies between €970,000 and €2.1m.
- Is DB-INVEST profitable?
- In financial year 2025, DB-INVEST made a profit of €27,492.
- Where can I find the annual accounts of DB-INVEST?
- DB-INVEST filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DB-INVEST due?
- DB-INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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