D.C. Energy is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €461k and a net result of €135k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 6156 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
29 d late
2022
3 d early
2021
17 d late
2020
30 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€461k▲ 8.2%
2023 · €426k
2019: €98k
2020: €103k
2021: €342k
2022: €315k
2023: €426k
2019 → 2024
Net result
€135k▼ 90.8%
2023 · €1.46M
2019: €-2k
2020: €5k
2021: €240k
2022: €-27k
2023: €1.46M
2019 → 2024
Total assets
€777k▼ 58.3%
2023 · €1.87M
2019: €353k
2020: €323k
2021: €512k
2022: €410k
2023: €1.87M
2019 → 2024
Solvency
59.3%▲ 36.4pp
2023 · 22.8%
2019: 27.7%
2020: 31.8%
2021: 66.9%
2022: 77.0%
2023: 22.8%
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€103k-€342k▲ 233%€315k▼ 7.8%€426k▲ 35.0%€461k▲ 8.2%
Operating result€-8k-€-156k▼ 1,893%€-31k▲ 80.3%€-3k▲ 89.2%€-24k▼ 624%
Net result€5k-€240k▲ 4,963%€-27k€1.46M€135k▼ 90.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2024 against €3k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €777k
Fixed assets
€236k▲ 38.4%
Current assets
€541k▼ 68.1%
Equity and liabilities €777k
Equity
€461k▲ 8.2%
Debt
€317k▼ 78.0%
The debt ratio falls from 77.2% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
59.3%▲
2023 · 22.8%
ROE
29.3%▼
2023 · 343.0%
ROA
17.4%▼
2023 · 78.3%
Debt
€317k▼
2023 · €1.44M
Debt ≤ 1 year
€312k▼
2023 · €1.44M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.87M€777k▼
Fixed assets21/28€171k€236k▲
Financial fixed assets28€171k€236k▲
Current assets29/58€1.70M€541k▼
Amounts receivable after more than one year29€47k€23k▼
Other amounts receivable291€47k€23k▼
Amounts receivable within one year40/41€1.59M€481k▼
Trade receivables40-€4k
Other amounts receivable41€1.59M€477k▼
Cash at bank and in hand54/58€41k€534▼
Deferred charges and accrued income490/1€16k€37k▲
Equity and liabilities
Total equity and liabilities10/49€1.87M€777k▼
Equity10/15€426k€461k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€325k€360k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€315k€350k▲
Profit (loss) carried forward14€724€651▼
Amounts payable17/49€1.44M€317k▼
Amounts payable within one year42/48€1.44M€312k▼
Current portion of amounts payable after more than one year42-€170k
Trade debts44€17k€8k▼
Suppliers440/4€17k€8k▼
Taxes, remuneration and social security45-€34k
Taxes450/3-€34k
Other amounts payable47/48€1.42M€100k▼
Accrued charges and deferred income492/3€1k€4k▲
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37-
Other operating charges640/8€516€36k▲
Gross operating margin9900€-3k€12k▲
Operating profit (loss)9901€-3k€-24k▼
Financial income75/76B€1.48M€169k▼
Recurring financial income75€787k€169k▼
Non-recurring financial income76B€696k-
Financial charges65/66B€19k€9k▼
Recurring financial charges65€19k€9k▼
Profit (loss) for the period before taxes9903€1.46M€135k▼
Profit (loss) for the period9904€1.46M€135k▼
Transfer from tax-exempt reserves789€8k-
Profit (loss) for the period to be appropriated9905€1.47M€135k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.47M€136k▼
Profit (loss) brought forward from the previous period14P-€724
Transfer to equity691/2€117k€35k▼
To other reserves6921€117k€35k▼
Profit to be distributed694/7€1.35M€100k▼
Return on contributions (dividend)694€1.35M€100k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 46 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Back to profitnet €1.46M
Net result €1.46M after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-27k ▼111%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial
Liquidity times 5current ratio 1.69
Current ratio from 0.33 to 1.69; short-term debt falls from €218k to €169k.
31-12
Financial
Equity above €200kEq €342k ▲233%
2 profitable years in a row build equity to €342k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲4.8%
Equity rises from €98k to €103k.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent
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.
Waterlelielaan 19032 GentGround area
5,728 m²
Building footprint
268 m²
Parcel 44074C0050/00H000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0050/00H000 | Flanders | 5,728 m² | 1 · 268 m² | - |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 25,000 EUR awarded · 25,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | -25,000 EUR | 0 EUR |
| 2022 | 1 | 50,000 EUR | 25,000 EUR |
Schemes
O&O-haalbaarheidsstudie
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 13,658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-10-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.