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D & O PARTNERS

Active
Public limited companyfounded 1994active for 32 yearsKroonlaan 530-534, 1050 Elsene, BelgiumKBO/BCE: BE 0453.019.197
Summary

D & O PARTNERS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €559,346 and a net result of €216,044. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 40% of 6,071 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Wholesale of information and communication equipment
NACE 46500
1 site
Size
€1.5mtotal assets 2025
Staff
13.5 FTE
Equity
€559,346
Profit
€216,044
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
WHALE INVEST · 100%
Board
4 members
Accounts 15 days early1 of 7 deeds read
Why 95lowers riskLiquidity: current ratio 1.89, cash €391,325Founded in 1994Profit of €216,044 (financial year 2025)Legal form: public limited companyShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 46, small)
Financial strength · tick = 2024
Strong
Solvency 62+4
equity 36.6% of total assets
Liquidity 63=
short-term debt 40.3% · cash 25.6%
Profitability 86-8
return on assets 14.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,380 companies, NACE 46, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025highest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.89, compared with 1.71 in 2024; short-term debt: 40.3% and cash: 25.6% of total assets), but 63.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 42% on solvency, 82% on liquidity, 90% on profitability and 33% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 1.89, cash €391,325
NBB · annual accounts
lowers risk · Founded in 1994
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Profit of €216,044 (financial year 2025)
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
71 days early
2023
70 days early
2022
46 days early
2021
74 days early
2020
80 days early
2019
79 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 62 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Jonas DUTREEUW (director)Appointment: WHALE IMMO (director) ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Board changedlatest change 23-01-2026 · 4 in office 3 joined · 1 left View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €216,044 8 years View
  • Controlled by WHALE INVEST 100% View
  • Caution: Result fell in 2025from €339,006 to €216,044 ▼ 36.3% View
  • Among the largest 15% on gross marginsector median €354,018 · 3,254 companies €1.4m View

By topic

Financials

Financial year
2025
Total assets
€1.5m
Profit
€216,044
Solvency
36.6%
Total assets▼ 10.2%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
WHALE INVEST · 100%
  • Bruno ORBAN de XIVRYDirector
  • S.S.I.Director
  • WHALE IMMODirector
  • S.I.S.Director
Go to Board & ownership

Timeline

Events
33
Since
1996
Next accounts
by 31-07-2027
  1. 22-05-2024Annual accounts filed
  2. 15-06-2023Annual accounts filed
  3. 18-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of information and communication equipmentNACE 46500
Founded
19-07-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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