D-MAX BELGIE
ActiveSummary
D-MAX BELGIE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €321k. Equity is growing by ~46.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-4
Solvency74▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.3 in 2024; short-term debt: 48% and cash: 18% of total assets), but 50.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
49.4%
Return on assets
13.6%
Age of the figures
9 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
21 d early
2023
6 d early
2022
19 d early
2022
4 d early
2020
2 d early
2019
22 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.16M▲ 38.1%
2024 · €842k
2018: €-797k
2019: €-522k
2020: €-161k
2022: €60k
2022: €268k
2023: €593k
2024: €842k
2018 → 2025
Total assets
€2.35M▲ 13.4%
2024 · €2.08M
2018: €1.47M
2019: €1.90M
2020: €2.01M
2022: €2.12M
2022: €1.94M
2023: €2.01M
2024: €2.08M
2018 → 2025
Net result
€321k▼ 8.2%
2024 · €349k
2018: €112k
2019: €274k
2020: €362k
2022: €61k
2022: €308k
2023: €425k
2024: €349k
2018 → 2025
Working capital
€622k▲ 69.2%
2024 · €368k
2018: €-862k
2019: €-570k
2020: €-193k
2022: €30k
2022: €149k
2023: €284k
2024: €368k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222022202320242025Trend
Equity€60k-€268k▲ 345%€593k▲ 121%€842k▲ 42.0%€1.16M▲ 38.1%
Operating result€232k-€409k▲ 76.7%€584k▲ 42.6%€519k▼ 11.2%€463k▼ 10.8%
Net result€61k-€308k▲ 407%€425k▲ 38.0%€349k▼ 17.9%€321k▼ 8.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.35M
Fixed assets
€601k ▲ 26.6%
Current assets
€1.75M ▲ 9.5%
Equity and liabilities €2.35M
Equity
€1.16M ▲ 38.1%
Debt
€1.19M ▼ 3.4%
Debt's share of the balance-sheet total falls from 59.4% to 50.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€549k▼
2024 · €585k
Cash flow
€406k▼
2024 · €415k
Current ratio
1.55▲
2024 · 1.30
Quick ratio
1.05▲
2024 · 0.84
Debt to equity
1.02▼
2024 · 1.46
ROE
27.6%▼
2024 · 41.4%
ROA
13.6%▼
2024 · 16.8%
Interest coverage
10.52▼
2024 · 11.89
Debt ≤ 1 year
€1.13M▼
2024 · €1.23M
Debt > 1 year
€60k▲
2024 · €0
Income taxes
€107k▼
2024 · €135k
Staff costs
€1.72M▲
2024 · €1.67M
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.08M€2.35M▲
Fixed assets21/28€475k€601k▲
Intangible fixed assets21€422k€566k▲
Tangible fixed assets22/27€49k€32k▼
Land and buildings22€9k€6k▼
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€28k€16k▼
Leasing and similar rights25€250€0▼
Financial fixed assets28€4k€4k=
Current assets29/58€1.60M€1.75M▲
Stocks and contracts in progress3€559k€570k▲
Stocks30/36€559k€570k▲
Amounts receivable within one year40/41€643k€737k▲
Trade receivables40€442k€519k▲
Other amounts receivable41€202k€218k▲
Cash at bank and in hand54/58€380k€424k▲
Deferred charges and accrued income490/1€19k€22k▲
Equity and liabilities
Total equity and liabilities10/49€2.08M€2.35M▲
Equity10/15€842k€1.16M▲
Contributions10/11€57k€57k=
Reserves13€786k€1.11M▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€295k€400k▲
Distributable reserves133€485k€701k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.23M€1.19M▼
Amounts payable after more than one year17€0€60k▲
Financial debts170/4€0€60k▲
Amounts payable within one year42/48€1.23M€1.13M▼
Current portion of amounts payable after more than one year42€119k€46k▼
Financial debts43€42k€48k▲
Credit institutions430/8€42k€48k▲
Trade debts44€490k€543k▲
Suppliers440/4€490k€543k▲
Taxes, remuneration and social security45€442k€462k▲
Taxes450/3€116k€121k▲
Remuneration and social security454/9€326k€341k▲
Other amounts payable47/48€142k€32k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.67M€1.72M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€86k▲
Other operating charges640/8€8k€7k▼
Non-recurring operating charges66A€14k€0▼
Gross operating margin9900€2.28M€2.27M▼
Operating profit (loss)9901€519k€463k▼
Financial income75/76B€15k€17k▲
Recurring financial income75€15k€17k▲
Financial charges65/66B€49k€52k▲
Recurring financial charges65€49k€52k▲
Profit (loss) for the period before taxes9903€484k€428k▼
Income taxes67/77€135k€107k▼
Profit (loss) for the period9904€349k€321k▼
Transfer from tax-exempt reserves789€0-
Transfer to tax-exempt reserves689€147k€105k▼
Profit (loss) for the period to be appropriated9905€202k€215k▲
Appropriation of the result
Profit (loss) to be appropriated9906€202k€215k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€102k€215k▲
To other reserves6921€102k€215k▲
Profit to be distributed694/7€100k€0▼
Directors or managers695€100k€0▼
Social balance
Average headcount (FTE)908719.719.5▼
The notes to these accounts (20 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
19-08
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- Board meeting, 01-08-2026
- Registered-office move, IZ - Achterstenhoek 10, 2275 Lille
- Power of attorney, BV HB Accountants
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.16M ▲38.1%
8 profitable years in a row build equity to €1.16M.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €425k ▲38%
Operating result €584k, net result €425k, both a record.
31-12
Financial
Equity above €500kEq €593k ▲121%
6 profitable years in a row build equity to €593k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €268k ▲345%
5 profitable years in a row build equity to €268k.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €61k ▼83.2%
Net result drops to €61k, the lowest in the series; recovery starts the following year.
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lille · 1 establishment unit since 2006
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.
Achterstenhoek 102275 LilleGround area
1.1 ha
Building footprint
3,800 m²
Volume, LiDAR
27,379 m³
Parcel 13019D0118/00F000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D-Max België
since 20062.158.733.218
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13019D0118/00F000 | Flanders | 1.1 ha | 1 · 3,800 m² | 9.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 7,776 EUR awarded · 8,613 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 768 EUR | 0 EUR |
| 2024 | 1 | 3,210 EUR | 8,183 EUR |
| 2023 | 1 | 3,798 EUR | 430 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 988 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 (pre-2019)
Founded14-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:014/652732