D. LANCE
ActiveSummary
D. LANCE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.92M and a net result of €279k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 634 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+6
Solvency96▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 2.47 in 2024; short-term debt: 23.1% and cash: 11.4% of total assets), and 28.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer 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
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
71.3%
Return on assets
10.4%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
21 d early
2023
19 d early
2022
28 d early
2021
33 d early
2020
26 d early
2019
29 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.92M▲ 17.0%
2024 · €1.64M
2018: €543klowest in 8 years
2019: €667k▲ +23.0% vs 2018
2020: €950k▲ +42.4% vs 2019
2021: €1.16M▲ +21.8% vs 2020
2022: €1.25M▲ +7.9% vs 2021
2023: €1.49M▲ +19.4% vs 2022
2024: €1.64M▲ +10.2% vs 2023
2025: €1.92M▲ +17.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€2.70M▲ 9.1%
2024 · €2.47M
2018: €1.35Mlowest in 8 years
2019: €1.42M▲ +5.9% vs 2018
2020: €1.85M▲ +29.7% vs 2019
2021: €2.11M▲ +14.1% vs 2020
2022: €2.19M▲ +3.9% vs 2021
2023: €2.21M▲ +1.0% vs 2022
2024: €2.47M▲ +11.5% vs 2023
2025: €2.70M▲ +9.1% vs 2024highest in 8 years
2018 → 2025
Net result
€279k▲ 83.0%
2024 · €152k
2018: €74klowest in 8 years
2019: €125k▲ +68.4% vs 2018
2020: €283k▲ +127% vs 2019highest in 8 years
2021: €207k▼ -26.8% vs 2020
2022: €92k▼ -55.7% vs 2021
2023: €242k▲ +164% vs 2022
2024: €152k▼ -36.9% vs 2023
2025: €279k▲ +83.0% vs 2024
2018 → 2025
Working capital
€1.23M▲ 32.3%
2024 · €933k
2018: €-11klowest in 8 years
2019: €107k▲ +1036% vs 2018
2020: €360k▲ +237% vs 2019
2021: €552k▲ +53.4% vs 2020
2022: €603k▲ +9.1% vs 2021
2023: €824k▲ +36.7% vs 2022
2024: €933k▲ +13.3% vs 2023
2025: €1.23M▲ +32.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.16M-€1.25M▲ 7.9%€1.49M▲ 19.4%€1.64M▲ 10.2%€1.92M▲ 17.0%
2021: €1.16Mlowest in 5 years
2022: €1.25M▲ +7.9% vs 2021
2023: €1.49M▲ +19.4% vs 2022
2024: €1.64M▲ +10.2% vs 2023
2025: €1.92M▲ +17.0% vs 2024highest in 5 years
Operating result€297k-€239k▼ 19.7%€198k▼ 16.9%€211k▲ 6.4%€307k▲ 45.2%
2021: €297k
2022: €239k▼ -19.7% vs 2021
2023: €198k▼ -16.9% vs 2022lowest in 5 years
2024: €211k▲ +6.4% vs 2023
2025: €307k▲ +45.2% vs 2024highest in 5 years
Net result€207k-€92k▼ 55.7%€242k▲ 164%€152k▼ 36.9%€279k▲ 83.0%
2021: €207k
2022: €92k▼ -55.7% vs 2021lowest in 5 years
2023: €242k▲ +164% vs 2022
2024: €152k▼ -36.9% vs 2023
2025: €279k▲ +83.0% vs 2024highest in 5 years
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 2023 the operating result has climbed two years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.70M
Fixed assets
€837k ▼ 7.3%
Current assets
€1.86M ▲ 18.6%
Equity and liabilities €2.70M
Equity
€1.92M ▲ 17.0%
Provisions
€57k ▼ 6.5%
Debt
€717k ▼ 6.5%
Debt's share of the balance-sheet total falls from 31.0% to 26.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€373k▲
2024 · €272k
Cash flow
€346k▲
2024 · €214k
Current ratio
2.98▲
2024 · 2.47
Quick ratio
2.61▲
2024 · 2.11
Debt to equity
0.37▼
2024 · 0.47
ROE
14.5%▲
2024 · 9.3%
ROA
10.4%▲
2024 · 6.2%
Interest coverage
9.06▲
2024 · 6.12
Debt ≤ 1 year
€624k▼
2024 · €634k
Debt > 1 year
€57k▼
2024 · €98k
Income taxes
€66k▲
2024 · €39k
Staff costs
€22k▲
2024 · €20k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.47M€2.70M▲
Fixed assets21/28€903k€837k▼
Intangible fixed assets21€2k€536▼
Tangible fixed assets22/27€897k€833k▼
Land and buildings22€778k€738k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€99k€77k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€21k€18k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.57M€1.86M▲
Stocks and contracts in progress3€227k€228k▲
Stocks30/36€227k€228k▲
Amounts receivable within one year40/41€64k€35k▼
Trade receivables40€40k€21k▼
Other amounts receivable41€24k€14k▼
Current investments50/53€735k€1.28M▲
Cash at bank and in hand54/58€537k€307k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€2.47M€2.70M▲
Equity10/15€1.64M€1.92M▲
Contributions10/11€19k€19k=
Reserves13€1.62M€1.90M▲
Tax-exempt reserves132€117k€110k▼
Distributable reserves133€1.51M€1.79M▲
Provisions and deferred taxes16€60k€57k▼
Deferred taxes168€60k€57k▼
Amounts payable17/49€766k€717k▼
Amounts payable after more than one year17€98k€57k▼
Financial debts170/4€98k€57k▼
Amounts payable within one year42/48€634k€624k▼
Current portion of amounts payable after more than one year42€106k€74k▼
Trade debts44€86k€50k▼
Suppliers440/4€86k€50k▼
Taxes, remuneration and social security45€47k€58k▲
Taxes450/3€45k€56k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€396k€442k▲
Accrued charges and deferred income492/3€34k€36k▲
Income statement
Code20242025
Non-recurring operating income76A€15k-
Remuneration, social security and pensions62€20k€22k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€67k▲
Other operating charges640/8€10k€14k▲
Gross operating margin9900€302k€409k▲
Operating profit (loss)9901€211k€307k▲
Financial income75/76B€21k€76k▲
Recurring financial income75€21k€76k▲
Financial charges65/66B€45k€41k▼
Recurring financial charges65€45k€41k▼
Profit (loss) for the period before taxes9903€188k€341k▲
Transfer from deferred taxes780€4k€4k=
Income taxes67/77€39k€66k▲
Profit (loss) for the period9904€152k€279k▲
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€160k€287k▲
Appropriation of the result
Profit (loss) to be appropriated9906€160k€287k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€160k€287k▲
To other reserves6921€160k€287k▲
Social balance
Average headcount (FTE)90870.10.4▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €15k | - | - |
| Remuneration, social security and pensions62 | - | €3k | €15k | €20k | €22k | ▲ 14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50k | €50k | €54k | €61k | €67k | ▲ 9.1% |
| Other operating charges640/8 | €11k | €14k | €12k | €10k | €14k | ▲ 36.7% |
| Gross operating margin9900 | €359k | €307k | €279k | €302k | €409k | ▲ 35.6% |
| Operating profit (loss)9901 | €297k | €239k | €198k | €211k | €307k | ▲ 45.2% |
| Financial income75/76B | €559 | €10k | €24k | €21k | €76k | ▲ 258% |
| Recurring financial income75 | €559 | €10k | €24k | €21k | €76k | ▲ 258% |
| Financial charges65/66B | €24k | €109k | €-57k | €45k | €41k | ▼ 7.5% |
| Recurring financial charges65 | €24k | €109k | €-57k | €45k | €41k | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €274k | €140k | €280k | €188k | €341k | ▲ 81.6% |
| Transfer from deferred taxes780 | €4k | €4k | €4k | €4k | €4k | = |
| Income taxes67/77 | €71k | €52k | €42k | €39k | €66k | ▲ 68.1% |
| Profit (loss) for the period9904 | €207k | €92k | €242k | €152k | €279k | ▲ 83.0% |
| Transfer from tax-exempt reserves789 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) for the period to be appropriated9905 | €215k | €99k | €249k | €160k | €287k | ▲ 79.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.11M | €2.19M | €2.21M | €2.47M | €2.70M | ▲ 9.1% |
| Fixed assets21/28 | €919k | €894k | €858k | €903k | €837k | ▼ 7.3% |
| Intangible fixed assets21 | - | - | €4k | €2k | €536 | ▼ 76.3% |
| Tangible fixed assets22/27 | €919k | €891k | €851k | €897k | €833k | ▼ 7.1% |
| Land and buildings22 | €882k | €854k | €817k | €778k | €738k | ▼ 5.1% |
| Plant, machinery and equipment23 | €0 | €0 | €0 | €0 | - | - |
| Furniture and vehicles24 | €577 | - | €9k | €99k | €77k | ▼ 22.3% |
| Leasing and similar rights25 | €36k | €25k | €13k | €0 | - | - |
| Other tangible fixed assets26 | - | €12k | €11k | €21k | €18k | ▼ 11.3% |
| Financial fixed assets28 | - | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €1.19M | €1.30M | €1.36M | €1.57M | €1.86M | ▲ 18.6% |
| Stocks and contracts in progress3 | €135k | €316k | €309k | €227k | €228k | ▲ 0.3% |
| Stocks30/36 | €135k | €316k | €309k | €227k | €228k | ▲ 0.3% |
| Amounts receivable within one year40/41 | €150k | €33k | €87k | €64k | €35k | ▼ 44.5% |
| Trade receivables40 | €149k | €16k | €58k | €40k | €21k | ▼ 46.8% |
| Other amounts receivable41 | €963 | €18k | €29k | €24k | €14k | ▼ 40.7% |
| Current investments50/53 | €249k | €623k | €720k | €735k | €1.28M | ▲ 74.5% |
| Cash at bank and in hand54/58 | €655k | €325k | €233k | €537k | €307k | ▼ 42.8% |
| Deferred charges and accrued income490/1 | €3k | €2k | €7k | €5k | €6k | ▲ 31.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.11M | €2.19M | €2.21M | €2.47M | €2.70M | ▲ 9.1% |
| Equity10/15 | €1.16M | €1.25M | €1.49M | €1.64M | €1.92M | ▲ 17.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €157k | €149k | €1.47M | €1.62M | €1.90M | ▲ 17.2% |
| Non-distributable reserves130/1 | €16k | - | - | - | - | - |
| Reserves not available under the articles1311 | €16k | - | - | - | - | - |
| Tax-exempt reserves132 | €141k | €133k | €125k | €117k | €110k | ▼ 6.5% |
| Distributable reserves133 | - | €16k | €1.35M | €1.51M | €1.79M | ▲ 19.0% |
| Profit (loss) carried forward14 | €982k | €1.08M | €0 | - | - | - |
| Provisions and deferred taxes16 | €72k | €68k | €64k | €60k | €57k | ▼ 6.5% |
| Deferred taxes168 | €72k | €68k | €64k | €60k | €57k | ▼ 6.5% |
| Amounts payable17/49 | €880k | €875k | €659k | €766k | €717k | ▼ 6.5% |
| Amounts payable after more than one year17 | €237k | €175k | €125k | €98k | €57k | ▼ 42.0% |
| Financial debts170/4 | €236k | €174k | €123k | €98k | €57k | ▼ 42.0% |
| Other amounts payable178/9 | €1k | €1k | €1k | - | - | - |
| Amounts payable within one year42/48 | €639k | €696k | €532k | €634k | €624k | ▼ 1.6% |
| Current portion of amounts payable after more than one year42 | €61k | €64k | €49k | €106k | €74k | ▼ 29.8% |
| Trade debts44 | €182k | €213k | €62k | €86k | €50k | ▼ 42.2% |
| Suppliers440/4 | €182k | €213k | €62k | €86k | €50k | ▼ 42.2% |
| Taxes, remuneration and social security45 | €93k | €82k | €47k | €47k | €58k | ▲ 23.7% |
| Taxes450/3 | €93k | €81k | €45k | €45k | €56k | ▲ 23.9% |
| Remuneration and social security454/9 | - | €560 | €1k | €2k | €2k | ▲ 18.2% |
| Other amounts payable47/48 | €302k | €338k | €374k | €396k | €442k | ▲ 11.7% |
| Accrued charges and deferred income492/3 | €5k | €4k | €2k | €34k | €36k | ▲ 6.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €207k | €92k | €242k | €152k | €279k | ▲ 83.0% |
| + Depreciation and write-downs630 | €50k | €50k | €54k | €61k | €67k | ▲ 9.1% |
| Operating cash flow (approximation) | €257k | €142k | €296k | €214k | €346k | ▲ 61.8% |
| Investment in fixed assets (approximation) | - | €-26k | €-18k | €-106k | €-1k | ▲ 98.9% |
| Change in cash | - | €-330k | €-92k | €304k | €-230k | ▼ 176% |
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
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.16M ▲21.8%
4 profitable years in a row build equity to €1.16M.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €283k ▲127%
Operating result €395k, net result €283k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Antwerpen · 2 establishment units since 2000
Ground area
1,465 m²
Building footprint
536 m²
Volume, LiDAR
6,722 m³
2 parcels, Flanders · tallest building 25.1 m, ±7 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
2 establishment units
MACC JEWELS
since 20002.052.984.412
Macc Jewels
since 20222.337.513.225
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0237/00E013 | Flanders | 1,211 m² | 1 · 283 m² | 11.5 m · 2 fl. |
| 31332E0060/00A000 | Flanders | 253 m² | 1 · 253 m² | 25.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KOEN MORBEE, ADVOCAAT
BE 0473.425.227
Temse · Eq €1.91M
HANS BRACQUENE
BE 0439.534.120
Leuven · Eq €1.93M
MATTHIEU DUCHENE DESIGN
BE 0883.190.542
Schaarbeek · Eq €1.94M
Advocaat Paul Brondel
BE 0442.897.050
Oostkamp · Eq €1.95M
JEAN FRANCOIS GOFFIN ADVOCAAT
BE 0870.912.817
Rixensart · Eq €1.88M
Of 3,839 companies in sector 74111 we hold annual accounts for 1,006. 509 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
Founded02-05-1991
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.