d-roy
ActiveSummary
d-roy has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €132,598 and a net result of €3,133. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability34▲+2
Solvency52▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.55 in 2023; short-term debt: 64% and cash: 36.1% of total assets), and 73.3% of the assets are financed with debt.
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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
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.7%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 37969 sector peers (2024).
NBB · sector comparisonPosition among 37969 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
34 d early
2021
32 d early
2020
10 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€132,598▲ 1.0%
2023 · €131,265
Total assets
€496,249▼ 2.7%
2023 · €510,108
Net result
€3,133▲ 85.9%
2023 · €1,685
Working capital
-€133,896▲ 3.8%
2023 · -€139,113
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€62,745▲ 567%€61,635▼ 1.8%€82,620▲ 34.0%€80,696▼ 2.3%€63,941▼ 20.8%
Net result€27,124within the sector's middle half€12,920within the sector's middle half▼ 52.4%€22,346within the sector's middle half▲ 73.0%€1,685below the sector's middle half▼ 92.5%€3,133within the sector's middle half▲ 85.9%
Equity€100,243within the sector's middle half▲ 34.2%€111,563within the sector's middle half▲ 11.3%€131,279within the sector's middle half▲ 17.7%€131,265within the sector's middle half=€132,598within the sector's middle half▲ 1.0%
Total assets€346,637within the sector's middle half▲ 1.1%€358,677within the sector's middle half▲ 3.5%€401,078within the sector's middle half▲ 11.8%€510,108above the sector's middle half▲ 27.2%€496,249above the sector's middle half▼ 2.7%
Debt€246,394▼ 8.1%€247,114▲ 0.3%€269,798▲ 9.2%€378,843▲ 40.4%€363,651▼ 4.0%
Working capital-€115,494below the sector's middle half▲ 10.2%-€112,836below the sector's middle half▲ 2.3%-€101,935below the sector's middle half▲ 9.7%-€139,113below the sector's middle half▼ 36.5%-€133,896below the sector's middle half▲ 3.8%
Solvency28.9%within the sector's middle half▲ 7.1pp31.1%within the sector's middle half▲ 2.2pp32.7%within the sector's middle half▲ 1.6pp25.7%below the sector's middle half▼ 7.0pp26.7%below the sector's middle half▲ 1.0pp
Current ratio0.39below the sector's middle half▲ 0.080.46below the sector's middle half▲ 0.070.60below the sector's middle half▲ 0.130.55below the sector's middle half▼ 0.040.58below the sector's middle half▲ 0.03
Return on assets (ROA)7.8%within the sector's middle half▲ 18.4pp3.6%within the sector's middle half▼ 4.2pp5.6%within the sector's middle half▲ 2.0pp0.3%below the sector's middle half▼ 5.2pp0.6%below the sector's middle half▲ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
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; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €496,249
Fixed assets
€312,650 ▼ 7.5%
Current assets
€183,599 ▲ 6.6%
Equity and liabilities €496,249
Equity
€132,598 ▲ 1.0%
Debt
€363,651 ▼ 4.0%
Debt's share of the balance-sheet total falls from 74.3% to 73.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€102,319▼
2023 · €116,612
Cash flow
€41,511▲
2023 · €37,601
Debt to equity
2.74▼
2023 · 2.89
ROE
2.4%▲
2023 · 1.3%
Interest coverage
1.76▲
2023 · 1.49
Debt ≤ 1 year
€317,496▲
2023 · €311,343
Debt > 1 year
€46,156▼
2023 · €67,500
Income taxes
€2,654▲
2023 · €551
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,105 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,105 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €3,826 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,362 | €11,362 | €11,362 | €35,916 | €38,378 | ▲ 6.9% |
| Other operating charges640/8 | - | €3,472 | €4,241 | €3,443 | €3,679 | ▲ 6.9% |
| Gross operating margin9900 | €77,113 | €76,469 | €102,049 | €120,055 | €105,998 | ▼ 11.7% |
| Operating profit (loss)9901 | €62,745 | €61,635 | €82,620 | €80,696 | €63,941 | ▼ 20.8% |
| Financial income75/76B | - | - | - | - | €15 | - |
| Recurring financial income75 | - | - | - | - | €15 | - |
| Financial charges65/66B | - | €44,345 | €50,633 | €78,460 | €58,169 | ▼ 25.9% |
| Recurring financial charges65 | €35,368 | €44,345 | €50,633 | €78,460 | €58,169 | ▼ 25.9% |
| Profit (loss) for the period before taxes9903 | €27,378 | €17,290 | €31,987 | €2,236 | €5,787 | ▲ 159% |
| Income taxes67/77 | €254 | €4,371 | €9,641 | €551 | €2,654 | ▲ 382% |
| Profit (loss) for the period9904 | €27,124 | €12,920 | €22,346 | €1,685 | €3,133 | ▲ 85.9% |
| Profit (loss) for the period to be appropriated9905 | €27,124 | €12,920 | €22,346 | €1,685 | €3,133 | ▲ 85.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €346,637 | €358,677 | €401,078 | €510,108 | €496,249 | ▼ 2.7% |
| Fixed assets21/28 | €272,870 | €261,508 | €250,146 | €337,878 | €312,650 | ▼ 7.5% |
| Tangible fixed assets22/27 | €272,870 | €261,508 | €250,146 | €337,878 | €312,650 | ▼ 7.5% |
| Land and buildings22 | - | €261,508 | €250,146 | €238,784 | €227,421 | ▼ 4.8% |
| Furniture and vehicles24 | - | - | - | €99,094 | €85,228 | ▼ 14.0% |
| Current assets29/58 | €73,767 | €97,169 | €150,932 | €172,230 | €183,599 | ▲ 6.6% |
| Amounts receivable within one year40/41 | €2,786 | €8,407 | €4,900 | €100,000 | €3,014 | ▼ 97.0% |
| Trade receivables40 | - | €2,778 | €300 | - | €363 | - |
| Other amounts receivable41 | - | €5,629 | €4,600 | €100,000 | €2,651 | ▼ 97.3% |
| Current investments50/53 | €292 | €55 | €55 | €55 | €55 | = |
| Cash at bank and in hand54/58 | €70,689 | €88,706 | €145,976 | €69,824 | €179,355 | ▲ 157% |
| Deferred charges and accrued income490/1 | - | - | - | €2,350 | €1,175 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €346,637 | €358,677 | €401,078 | €510,108 | €496,249 | ▼ 2.7% |
| Equity10/15 | €100,243 | €111,563 | €131,279 | €131,265 | €132,598 | ▲ 1.0% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €87,843 | €99,163 | €118,879 | €118,865 | €120,198 | ▲ 1.1% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €97,303 | €118,879 | €118,865 | €120,198 | ▲ 1.1% |
| Amounts payable17/49 | €246,394 | €247,114 | €269,798 | €378,843 | €363,651 | ▼ 4.0% |
| Amounts payable after more than one year17 | €57,133 | €37,109 | €16,932 | €67,500 | €46,156 | ▼ 31.6% |
| Financial debts170/4 | - | €37,109 | €16,932 | €67,500 | €46,156 | ▼ 31.6% |
| Amounts payable within one year42/48 | €189,261 | €210,005 | €252,866 | €311,343 | €317,496 | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | - | €20,024 | €20,177 | €37,768 | €21,345 | ▼ 43.5% |
| Trade debts44 | - | - | - | - | €1,659 | - |
| Suppliers440/4 | - | - | - | - | €1,659 | - |
| Taxes, remuneration and social security45 | - | €10,780 | €21,447 | €14,506 | €15,631 | ▲ 7.8% |
| Taxes450/3 | - | €10,780 | €21,447 | €14,506 | €15,631 | ▲ 7.8% |
| Other amounts payable47/48 | - | €179,201 | €211,242 | €259,069 | €278,861 | ▲ 7.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,124 | €12,920 | €22,346 | €1,685 | €3,133 | ▲ 85.9% |
| + Depreciation and write-downs630 | €11,362 | €11,362 | €11,362 | €35,916 | €38,378 | ▲ 6.9% |
| Operating cash flow (approximation) | €38,486 | €24,282 | €33,708 | €37,601 | €41,511 | ▲ 10.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€123,648 | -€13,149 | ▲ 89.4% |
| Change in cash | - | €18,017 | €57,270 | -€76,152 | €109,530 | ▲ 244% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €27,124
Net result €27,124 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €100,243 ▲34.2%
Equity rises from €74,719 to €100,243.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€36,310
Net result drops to -€36,310, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 2007
Ground area
1,020 m²
Building footprint
123 m²
Volume, LiDAR
660 m³
Parcel 71322A0130/02E002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
d-roy
since 20072.159.710.443
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0130/02E002 | Flanders | 1,020 m² | 1 · 123 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549005O4VVA1PEBA741
Similar companies · same sector, comparable size
ACCENT MANAGEMENT
BE 0812.677.183
Berlaar · Eq €132,598
4MAS
BE 0460.741.288
Roeselare · Eq €132,611
FINBOR
BE 0762.614.592
Bornem · Eq €132,617
WELLFIN
BE 0678.451.553
Lasne · Eq €132,577
V.D.V.
BE 0448.643.905
Kruisem · Eq €132,626
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,891 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
Founded02-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0886964337
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.