D Real Estate
ActiveSummary
D Real Estate has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €498k and a net result of €99k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 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
Profitability89▼-8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.93 against 4.97 in 2024; short-term debt: 19.9% and cash: 80% of total assets), and 19.9% of the assets are financed with debt.
Credit advice 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
80.1%
Return on assets
16%
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
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
31 d early
2023
28 d early
2022
20 d early
2021
23 d early
2020
28 d early
2019
18 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, micro schema
Equity
€498k▲ 13.3%
2024 · €440k
2018: €88k
2019: €131k
2020: €156k
2021: €201k
2022: €287k
2023: €362k
2024: €440k
2018 → 2025
Total assets
€622k▲ 13.9%
2024 · €547k
2018: €96k
2019: €144k
2020: €209k
2021: €281k
2022: €341k
2023: €436k
2024: €547k
2018 → 2025
Net result
€99k▼ 18.3%
2024 · €122k
2018: €18k
2019: €43k
2020: €41k
2021: €51k
2022: €86k
2023: €122k
2024: €122k
2018 → 2025
Working capital
€488k▲ 15.4%
2024 · €423k
2018: €89k
2019: €130k
2020: €158k
2021: €198k
2022: €279k
2023: €355k
2024: €423k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€287k▲ 42.7%€362k▲ 26.1%€440k▲ 21.6%€498k▲ 13.3%
Operating result€72k-€121k▲ 69.1%€173k▲ 42.9%€169k▼ 2.8%€139k▼ 17.5%
Net result€51k-€86k▲ 67.2%€122k▲ 41.4%€122k▼ 0.1%€99k▼ 18.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €622k
Fixed assets
€11k ▼ 39.4%
Current assets
€612k ▲ 15.6%
Equity and liabilities €622k
Equity
€498k ▲ 13.3%
Debt
€124k ▲ 16.5%
Debt's share of the balance-sheet total rises from 19.5% to 19.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156k▼
2024 · €173k
Cash flow
€116k▼
2024 · €126k
Current ratio
4.93▼
2024 · 4.97
Debt to equity
0.25▲
2024 · 0.24
ROE
19.9%▼
2024 · 27.6%
ROA
16.0%▼
2024 · 22.2%
Interest coverage
106.78▼
2024 · 380.58
Debt ≤ 1 year
€124k▲
2024 · €107k
Income taxes
€42k▼
2024 · €52k
Staff costs
€202k▲
2024 · €170k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€547k€622k▲
Fixed assets21/28€17k€11k▼
Intangible fixed assets21-€6k
Tangible fixed assets22/27€17k€5k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€13k€0▼
Current assets29/58€529k€612k▲
Amounts receivable within one year40/41€79k€106k▲
Trade receivables40€79k€91k▲
Other amounts receivable41-€15k
Cash at bank and in hand54/58€448k€498k▲
Deferred charges and accrued income490/1€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€547k€622k▲
Equity10/15€440k€498k▲
Contributions10/11€19k€19k=
Reserves13€421k€480k▲
Distributable reserves133€421k€480k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€107k€124k▲
Amounts payable within one year42/48€107k€124k▲
Trade debts44€20k€28k▲
Suppliers440/4€20k€28k▲
Taxes, remuneration and social security45€43k€54k▲
Taxes450/3€20k€24k▲
Remuneration and social security454/9€23k€30k▲
Other amounts payable47/48€44k€42k▼
Income statement
Code20242025
Remuneration, social security and pensions62€170k€202k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€16k▲
Other operating charges640/8€544€461▼
Gross operating margin9900€344k€358k▲
Operating profit (loss)9901€169k€139k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€456€1k▲
Recurring financial charges65€456€1k▲
Profit (loss) for the period before taxes9903€173k€141k▼
Income taxes67/77€52k€42k▼
Profit (loss) for the period9904€122k€99k▼
Profit (loss) for the period to be appropriated9905€122k€99k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€99k▼
Transfer from equity791/2€43k€41k▼
Transfer to equity691/2€122k€99k▼
To other reserves6921€122k€99k▼
Profit to be distributed694/7€43k€41k▼
Return on contributions (dividend)694€43k€41k▼
The notes to these accounts (9 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
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €122k ▲41.4%
Operating result €173k, net result €122k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €201k ▲28.9%
4 profitable years in a row build equity to €201k.
03-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €156k ▲18.9%
3 profitable years in a row build equity to €156k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €131k ▲49.5%
2 profitable years in a row build equity to €131k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ternat · 2 establishment units since 2012
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.
Sibbekensveldstraat 441742 TernatGround area
2,781 m²
Building footprint
656 m²
Volume, LiDAR
3,230 m³
3 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
D Real Estate
since 20122.215.767.931
Ninoofsesteenweg 375, 1700 Dilbeek
since 20242.361.888.830
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0595/00_000 | Flanders | 1,207 m² | 1 · 124 m² | 6.9 m · 2 fl. |
| 23071C0594/00A000 | Flanders | 1,161 m² | 1 · 119 m² | 7.2 m · 2 fl. |
| 23016D0071/00L000 | Flanders | 413 m² | 1 · 413 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
DG CITADELLE CONSEILS
BE 0658.723.238
Profondeville · Eq €498,428
CBRE Global Investment Administration Belgium
BE 0630.993.512
Etterbeek · Eq €498,444
Buro 43
BE 0650.651.056
Haacht · Eq €498,471
INVALESCO
BE 0800.850.806
Elsene · Eq €498,507
GLOBAL WIND ENERGY COUNCIL
BE 0878.020.640
Brussel · Eq €498,269
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 34,660 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
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
70200Business and other management consultancy
68121Development of residential building projects
73200Market research and public opinion polling
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.