Equity
D-MAX BELGIE has made a profit without a break since 2018.
D-MAX BELGIE has made a profit without a break since 2018.
The abbreviated format states no turnover.
Green is investment, beige is depreciation.
Between 2009 and 2025, 25% of the full-time equivalents disappeared.
Three of the last ten came late. The 2016 accounts came latest: 60 days after the end of the period.
Higher net result than 89% of companies in wholesale trade. Sector median €26,728 · 9,878 companies.
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, small). It does better than 58% of them on solvency, 59% on liquidity, 89% on profitability and 90% on growth.
The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 17,811 companies had the same profile as D-MAX BELGIE has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of D-MAX BELGIE itself: 0.3% within 12 months.
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 17,811 companies, not a prediction for D-MAX BELGIE. 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.
Liquidity is ample, with a current ratio of 1.55 (1.3 in 2024), above the usual 1.5. Short-term debt is 48% and cash 18% of total assets. However, 50.6% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| D-MAX BELGIE Lille | €2.4m | €2.3m | 49.4% | 19.5 |
| SANIK Geel | €3.2m | €1.4m | 52.9% | 18.4 |
| AQUACONCEPT Beveren-Kruibeke-Zwijndrecht | €3.7m | €2.5m | 85.4% | 17.6 |
| Schöck België Ghent | €1.9m | €2.1m | 45.7% | 13.2 |
| ODYSSEUS BOUWMARKTEN Antwerp | €4.3m | €1.4m | 50.1% | 19.4 |
| O.M.G. PREFABBETON Dessel | €5.6m | €2.0m | 31.3% | 23.4 |
| AVOR - COLORDECOR Erpe-Mere | €4.0m | €1.4m | 63.3% | 24.3 |
These companies have the same main activity as D-MAX BELGIE: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €1.9m and €5.6m, founded between 2002 and 2009.
D-MAX BELGIE files the abbreviated format. That format states no turnover. The gross margin rose from €1.2m in 2007 to €2.3m 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.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.