D_LINE DECO
ActiveSummary
The computed 12-month bankruptcy probability of D_LINE DECO is 4.4% (elevated). The 2024 annual accounts show equity of €71k and a net result of €51k. Equity is growing by ~166.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 36375 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency71▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity ample (current ratio 1.74 against 1.17 in 2023; short-term debt: 53.7% and cash: 26.3% of total assets), but 53.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-03-2026, 236 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
236 d late
2023
50 d late
2022
7 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€184k
EBIT margin
2.2%
Net result
€51k▲ 244%
2023 · €15k
2022: €3k
2023: €15k
2022 → 2024
Working capital
€61k▲ 854%
2023 · €6k
2022: €4k
2023: €6k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€184k-
Equity€5k-€20k▲ 299%€71k▲ 258%
Operating result€4k-€20k▲ 381%€65k▲ 230%
Net result€3k-€15k▲ 400%€51k▲ 244%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 230% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €153k
Fixed assets
€10k ▼ 39.5%
Current assets
€144k ▲ 226%
Equity and liabilities €153k
Equity
€71k ▲ 258%
Debt
€82k ▲ 105%
Debt's share of the balance-sheet total falls from 67.0% to 53.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72k▲
2023 · €26k
Cash flow
€59k▲
2023 · €21k
Current ratio
1.74▲
2023 · 1.17
Debt to equity
1.16▼
2023 · 2.03
ROE
72.1%▼
2023 · 74.9%
ROA
33.4%▲
2023 · 24.7%
Interest coverage
107.60▲
2023 · 26.68
Debt ≤ 1 year
€82k▲
2023 · €38k
Income taxes
€13k▲
2023 · €4k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€60k€153k▲
Fixed assets21/28€16k€10k▼
Tangible fixed assets22/27€16k€10k▼
Plant, machinery and equipment23€545€1k▲
Leasing and similar rights25€15k€8k▼
Current assets29/58€44k€144k▲
Amounts receivable within one year40/41€30k€103k▲
Trade receivables40€28k€101k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€14k€40k▲
Deferred charges and accrued income490/1€131€131▲
Equity and liabilities
Total equity and liabilities10/49€60k€153k▲
Equity10/15€20k€71k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€18k€69k▲
Amounts payable17/49€40k€82k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€38k€82k▲
Current portion of amounts payable after more than one year42€10k€3k▼
Trade debts44€14k€56k▲
Suppliers440/4€14k€56k▲
Taxes, remuneration and social security45€4k€16k▲
Taxes450/3€4k€16k▲
Other amounts payable47/48€9k€7k▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€235k€369k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€8k▲
Other operating charges640/8€612€710▲
Gross operating margin9900€26k€73k▲
Operating profit (loss)9901€20k€65k▲
Financial income75/76B-€32
Recurring financial income75-€32
Financial charges65/66B€963€670▼
Recurring financial charges65€963€670▼
Profit (loss) for the period before taxes9903€19k€64k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€15k€51k▲
Profit (loss) for the period to be appropriated9905€15k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€69k▲
Profit (loss) brought forward from the previous period14P€3k€18k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 236 days late
2024
31-12
Financial
Highest result since 2022net €51k ▲244%
Operating result €65k, net result €51k, both a record.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 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, Vorst · 1 establishment unit since 2021
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.
Hallestraat 281190 VorstGround area
82 m²
Building footprint
69 m²
Volume, LiDAR
899 m³
Parcel 21384D0126/00W010, Brussels · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
D_LINE DECO
since 20212.322.721.517
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0126/00W010 | Brussels | 82 m² | 1 · 69 m² | 15.8 m · 5 fl. |
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.
Similar companies · same sector, comparable size
ANGEL HANDS
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DELL-SERVICES
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AK BESTRATING
BE 0675.781.974
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DPOOLZ
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,225 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
Founded22-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.