BINARD D & L
ActiveSummary
BINARD D & L has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €473,901 and a net result of €157,606. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 7459 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-4
Solvency55▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 2.78 in 2023; short-term debt: 14.3% and cash: 1.2% of total assets), and 70% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
32 d late
2021
30 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€473,901▲ 49.4%
2023 · €317,128
Total assets
€1.6m▲ 149%
2023 · €634,528
Net result
€157,606▲ 87.2%
2023 · €84,195
Working capital
-€88,158
2023 · €259,334
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€38,028▲ 116%€79,902▲ 110%€22,959▼ 71.3%€131,205▲ 471%€302,930▲ 131%
Net result€21,396within the sector's middle half▲ 358%€53,010above the sector's middle half▲ 148%€10,380within the sector's middle half▼ 80.4%€84,195within the sector's middle half▲ 711%€157,606above the sector's middle half▲ 87.2%
Equity€171,177above the sector's middle half▲ 14.3%€224,186above the sector's middle half▲ 31.0%€233,766within the sector's middle half▲ 4.3%€317,128within the sector's middle half▲ 35.7%€473,901within the sector's middle half▲ 49.4%
Total assets€596,965above the sector's middle half▲ 43.3%€614,966above the sector's middle half▲ 3.0%€570,333within the sector's middle half▼ 7.3%€634,528within the sector's middle half▲ 11.3%€1.6mwithin the sector's middle half▲ 149%
Debt€425,789▲ 59.6%€390,779▼ 8.2%€336,566▼ 13.9%€317,400▼ 5.7%€1.0m▲ 215%
Working capital-€43,521below the sector's middle half-€5,835below the sector's middle half▲ 86.6%€111,995within the sector's middle half€259,334within the sector's middle half▲ 132%-€88,158below the sector's middle half
Solvency28.7%within the sector's middle half▼ 7.3pp36.5%within the sector's middle half▲ 7.8pp41.0%within the sector's middle half▲ 4.5pp50.0%within the sector's middle half▲ 9.0pp30.0%within the sector's middle half▼ 20.0pp
Current ratio0.56below the sector's middle half▼ 2.020.95below the sector's middle half▲ 0.392.00within the sector's middle half▲ 1.052.78within the sector's middle half▲ 0.790.61below the sector's middle half▼ 2.17
Return on assets (ROA)3.6%within the sector's middle half▲ 2.5pp8.6%within the sector's middle half▲ 5.0pp1.8%within the sector's middle half▼ 6.8pp13.3%above the sector's middle half▲ 11.4pp10.0%within the sector's middle half▼ 3.3pp
Staff (FTE)4.3above the sector's middle half=2.8▼ 34.9%2below the sector's middle half▼ 28.6%2within the sector's middle half=2within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 131% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.4m ▲ 528%
Current assets
€138,043 ▼ 65.9%
Equity and liabilities €1.6m
Equity
€473,901 ▲ 49.4%
Provisions
€106,105
Debt
€1.0m ▲ 215%
Debt's share of the balance-sheet total rises from 50.0% to 63.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€493,740▲
2023 · €173,066
Cash flow
€348,415▲
2023 · €126,056
Quick ratio
0.48▼
2023 · 2.09
Debt to equity
2.11▲
2023 · 1.00
ROE
33.3%▲
2023 · 26.5%
Interest coverage
12.54▼
2023 · 17.50
Debt ≤ 1 year
€226,201▲
2023 · €145,551
Debt > 1 year
€774,898▲
2023 · €171,849
Income taxes
€332▼
2023 · €38,408
Staff costs
€103,560▼
2023 · €107,744
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €87,236 | €436,334 | ▲ 400% |
| Remuneration, social security and pensions62 | - | €130,021 | €99,456 | €107,744 | €103,560 | ▼ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,744 | €111,862 | €89,943 | €41,861 | €190,810 | ▲ 356% |
| Other operating charges640/8 | - | €5,175 | €4,234 | €6,179 | €8,730 | ▲ 41.3% |
| Non-recurring operating charges66A | - | - | €24,303 | - | €23,011 | - |
| Gross operating margin9900 | €287,341 | €326,961 | €240,895 | €286,990 | €629,041 | ▲ 119% |
| Operating profit (loss)9901 | €38,028 | €79,902 | €22,959 | €131,205 | €302,930 | ▲ 131% |
| Financial income75/76B | - | €623 | €845 | €1,286 | €472 | ▼ 63.3% |
| Recurring financial income75 | €558 | €623 | €845 | €1,286 | €472 | ▼ 63.3% |
| Financial charges65/66B | - | €8,682 | €7,697 | €9,889 | €39,360 | ▲ 298% |
| Recurring financial charges65 | €9,378 | €8,682 | €7,697 | €9,889 | €39,360 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | €29,208 | €71,843 | €16,108 | €122,603 | €264,042 | ▲ 115% |
| Transfer from deferred taxes780 | - | - | - | - | €2,979 | - |
| Transfer to deferred taxes680 | - | - | - | - | €109,083 | - |
| Income taxes67/77 | €7,811 | €18,833 | €5,728 | €38,408 | €332 | ▼ 99.1% |
| Profit (loss) for the period9904 | €21,396 | €53,010 | €10,380 | €84,195 | €157,606 | ▲ 87.2% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €11,915 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €327,250 | - |
| Profit (loss) for the period to be appropriated9905 | €21,396 | €53,010 | €10,380 | €84,195 | -€157,730 | ▼ 287% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €596,965 | €614,966 | €570,333 | €634,528 | €1.6m | ▲ 149% |
| Fixed assets21/28 | €542,621 | €506,225 | €345,969 | €229,643 | €1.4m | ▲ 528% |
| Tangible fixed assets22/27 | €542,621 | €506,225 | €345,969 | €229,643 | €1.4m | ▲ 528% |
| Land and buildings22 | - | €195,461 | €171,992 | €151,290 | €897,318 | ▲ 493% |
| Plant, machinery and equipment23 | - | €2,236 | €5,004 | €4,431 | €5,218 | ▲ 17.8% |
| Furniture and vehicles24 | - | €308,529 | €168,972 | €73,923 | €74,422 | ▲ 0.7% |
| Other tangible fixed assets26 | - | - | - | - | €466,103 | - |
| Current assets29/58 | €54,344 | €108,740 | €224,364 | €404,885 | €138,043 | ▼ 65.9% |
| Stocks and contracts in progress3 | €25,000 | - | - | €100,500 | €29,000 | ▼ 71.1% |
| Stocks30/36 | - | - | - | €100,500 | €29,000 | ▼ 71.1% |
| Amounts receivable within one year40/41 | €18,327 | €47,773 | €110,706 | €93,145 | €68,983 | ▼ 25.9% |
| Trade receivables40 | - | €34,374 | €98,996 | €81,999 | €65,719 | ▼ 19.9% |
| Other amounts receivable41 | - | €13,400 | €11,711 | €11,146 | €3,264 | ▼ 70.7% |
| Cash at bank and in hand54/58 | €6,421 | €56,281 | €109,749 | €207,470 | €19,627 | ▼ 90.5% |
| Deferred charges and accrued income490/1 | - | €4,686 | €3,909 | €3,770 | €20,433 | ▲ 442% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €596,965 | €614,966 | €570,333 | €634,528 | €1.6m | ▲ 149% |
| Equity10/15 | €171,177 | €224,186 | €233,766 | €317,128 | €473,901 | ▲ 49.4% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €151,177 | €204,186 | €213,766 | €297,128 | €562,097 | ▲ 89.2% |
| Non-distributable reserves130/1 | - | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | €315,335 | - |
| Distributable reserves133 | - | €202,186 | €213,766 | €297,128 | €246,761 | ▼ 17.0% |
| Profit (loss) carried forward14 | - | - | - | - | -€108,196 | - |
| Provisions and deferred taxes16 | - | - | - | - | €106,105 | - |
| Deferred taxes168 | - | - | - | - | €106,105 | - |
| Amounts payable17/49 | €425,789 | €390,779 | €336,566 | €317,400 | €1.0m | ▲ 215% |
| Amounts payable after more than one year17 | €327,924 | €276,204 | €224,198 | €171,849 | €774,898 | ▲ 351% |
| Financial debts170/4 | - | €276,204 | €224,198 | €171,849 | €774,898 | ▲ 351% |
| Amounts payable within one year42/48 | €97,865 | €114,575 | €112,369 | €145,551 | €226,201 | ▲ 55.4% |
| Current portion of amounts payable after more than one year42 | - | €51,698 | €52,316 | €52,780 | €63,085 | ▲ 19.5% |
| Trade debts44 | €13,775 | €11,412 | €19,592 | €19,884 | €100,322 | ▲ 405% |
| Suppliers440/4 | - | €11,412 | €19,592 | €19,884 | €100,322 | ▲ 405% |
| Taxes, remuneration and social security45 | - | €6,824 | €4,198 | €36,375 | €42,740 | ▲ 17.5% |
| Taxes450/3 | - | €3,395 | €4,198 | €36,375 | €38,719 | ▲ 6.4% |
| Remuneration and social security454/9 | - | €3,429 | - | - | €4,021 | - |
| Other amounts payable47/48 | - | €44,641 | €36,263 | €36,512 | €20,054 | ▼ 45.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,396 | €53,010 | €10,380 | €84,195 | €157,606 | ▲ 87.2% |
| + Depreciation and write-downs630 | €61,744 | €111,862 | €89,943 | €41,861 | €190,810 | ▲ 356% |
| Operating cash flow (approximation) | €83,140 | €164,872 | €100,323 | €126,056 | €348,415 | ▲ 176% |
| Investment in fixed assets (approximation) | - | -€75,466 | €70,314 | €74,464 | -€1.4m | ▼ 1,986% |
| Change in cash | - | €49,860 | €53,468 | €97,721 | -€187,842 | ▼ 292% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
26-08
State Gazette act
Registered officeRegistered-office move · Director in office3 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office3 facts ▸
- Registered-office move, 8000 Brugge, Oost-Gistelhof 1 bus 0202
- Board meeting, 22-05-2026
- Director in office, Dimitry Binard (manager)
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €157,606 ▲87.2%
Operating result €302,930, net result €157,606, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.00
Current ratio from 0.95 to 2.00; short-term debt falls from €114,575 to €112,369.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €200,000Eq €224,186 ▲31%
4 profitable years in a row build equity to €224,186.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150,000Eq €171,177 ▲14.3%
3 profitable years in a row build equity to €171,177.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €4,670 ▼11.3%
Net result drops to €4,670, the lowest in the series; recovery starts the following year.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2006
Ground area
727 m²
Building footprint
369 m²
Volume, LiDAR
5,432 m³
Parcel 31805E0541/00G000, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BINARD D & L
since 20062.152.527.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31805E0541/00G000 | Flanders | 727 m² | 1 · 369 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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
2024 · 1 entry · 975 EUR awarded · 975 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 975 EUR | 975 EUR |
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Of 7,868 companies in sector 43341 we hold annual accounts for 2,665. 1,533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
31004Manufacture of dining room, living room, bedroom and bathroom furniture
43320Joinery installation
43332Laying of wooden floor and wall coverings
46231Wholesale of live animals
85599Other education
93199Other sports activities
Contact
E-mail
dimitri.binard@telenet.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0880247878
Also
9925:BE0880247878
Registered
30-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.