D-KWADRAAT
ActiveSummary
D-KWADRAAT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €31k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+5
Solvency72▼-23
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 5.53 in 2024; short-term debt: 38.4% and cash: 30.8% of total assets), and 53.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.5%
Return on assets
17.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
28 d late
2022
24 d late
2021
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 44.8%
2024 · €153k
2021: €74k
2022: €103k
2023: €125k
2024: €153k
2021 → 2025
Total assets
€181k▼ 16.4%
2024 · €217k
2021: €148k
2022: €153k
2023: €158k
2024: €217k
2021 → 2025
Net result
€31k▲ 12.1%
2024 · €28k
2021: €74k
2022: €31k
2023: €23k
2024: €28k
2021 → 2025
Working capital
€8k▼ 93.3%
2024 · €117k
2021: €72k
2022: €85k
2023: €109k
2024: €117k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€103k▲ 39.5%€125k▲ 20.9%€153k▲ 22.5%€84k▼ 44.8%
Operating result€98k-€42k▼ 57.7%€30k▼ 28.0%€41k▲ 36.3%€44k▲ 6.9%
Net result€74k-€31k▼ 58.1%€23k▼ 24.7%€28k▲ 21.0%€31k▲ 12.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€104k ▲ 40.8%
Current assets
€77k ▼ 45.9%
Equity and liabilities €181k
Equity
€84k ▼ 44.8%
Debt
€97k ▲ 51.3%
Debt's share of the balance-sheet total rises from 29.5% to 53.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▼
2024 · €68k
Cash flow
€56k▲
2024 · €56k
Current ratio
1.11▼
2024 · 5.53
Debt to equity
1.15▲
2024 · 0.42
ROE
37.3%▲
2024 · 18.4%
ROA
17.4%▲
2024 · 12.9%
Interest coverage
40.99▲
2024 · 30.17
Debt ≤ 1 year
€70k▲
2024 · €26k
Debt > 1 year
€26k▼
2024 · €38k
Income taxes
€10k=
2024 · €10k
Staff costs
€2k=
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€217k€181k▼
Fixed assets21/28€74k€104k▲
Tangible fixed assets22/27€74k€104k▲
Land and buildings22-€52k
Furniture and vehicles24€74k€52k▼
Current assets29/58€143k€77k▼
Amounts receivable within one year40/41€15k€13k▼
Trade receivables40€15k€13k▼
Other amounts receivable41€575€0▼
Current investments50/53€6k€6k=
Cash at bank and in hand54/58€119k€56k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€217k€181k▼
Equity10/15€153k€84k▼
Contributions10/11€2k€2k=
Reserves13€151k€82k▼
Tax-exempt reserves132€42k€0▼
Distributable reserves133€109k€82k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€64k€97k▲
Amounts payable after more than one year17€38k€26k▼
Financial debts170/4€38k€26k▼
Amounts payable within one year42/48€26k€70k▲
Current portion of amounts payable after more than one year42€16k€12k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€8k▲
Other amounts payable47/48€1k€45k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€24k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€72k€71k▼
Operating profit (loss)9901€41k€44k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€39k€42k▲
Income taxes67/77€10k€10k=
Profit (loss) for the period9904€28k€31k▲
Transfer from tax-exempt reserves789-€42k
Profit (loss) for the period to be appropriated9905€28k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€74k▲
Transfer from equity791/2-€100k
Transfer to equity691/2€28k€74k▲
To other reserves6921€28k€74k▲
Profit to be distributed694/7€0€100k▲
Return on contributions (dividend)694€0€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
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €153k ▲22.5%
4 profitable years in a row build equity to €153k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €23k ▼24.7%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €100kEq €103k ▲39.5%
2 profitable years in a row build equity to €103k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wielsbeke · 1 establishment unit since 2020
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.
Hooiestraat(S.B.V.) 1 D8710 WielsbekeGround area
1.7 ha
Parcel 37014C0107/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
D-kwadraat BV
since 20202.300.864.744
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37014C0107/00S000 | Flanders | 1.7 ha | - | - |
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.
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,616 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.