D.STEEL

Active

Private limited companyfounded 20205 yrs activeRue du Beau Site(L) 22, 7900 Leuze-en-Hainaut, BelgiumKBO/BCE: BE 0755.939.311

The computed 12-month bankruptcy probability of D.STEEL is 1.9% (moderate). The 2024 annual accounts show equity of €127k and a net result of €47k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 122 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

83 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+100

Solvency100=

Growth52▲+20

Track record94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €10k at 30 days acceptable

Liquidity ample (current ratio 4.32 against 3.58 in 2023; short-term debt: 19.2% and cash: 38.4% of total assets), and 19.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 24

Relative position

BE, all sectors

reference

Sector 24

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

14 d late

2022

30 d late

2021

7 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€127k▲ 58.3%

2023 · €80k

2021: €88k 2022: €98k 2023: €80k

2021 → 2024

Total assets

€157k▲ 55.2%

2023 · €101k

2021: €132k 2022: €152k 2023: €101k

2021 → 2024

Net result

€47k

2023 · €-18k

2021: €78k 2022: €11k 2023: €-18k

2021 → 2024

Working capital

€100k▲ 84.2%

2023 · €54k

2021: €76k 2022: €69k 2023: €54k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€88k-€98k▲ 12.3%€80k▼ 18.6%€127k▲ 58.3%

Operating result€110k-€12k▼ 89.4%€-18k€60k

Net result€78k-€11k▼ 86.2%€-18k€47k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €60k after a loss of €18k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €157k

17.3%

82.7%

Fixed assets €27k▲ 4.5%

Current assets €129k▲ 72.8%

Equity and liabilities €157k

80.8%

19.2%

Equity €127k▲ 58.3%

Debt €30k▲ 43.4%

The debt ratio falls from 20.7% to 19.2%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€69k▲

2023 · €-9k

Cash flow

€56k▲

2023 · €-10k

Solvency

80.8%▲

2023 · 79.3%

Current ratio

4.32▲

2023 · 3.58

Quick ratio

3.74▲

2023 · 2.31

Debt / equity

0.24▼

2023 · 0.26

ROE

36.8%▲

2023 · -22.9%

ROA

29.8%▲

2023 · -18.2%

Interest coverage

177.03▲

2023 · -24.88

Debt

€30k▲

2023 · €21k

Debt ≤ 1 year

€30k▲

2023 · €21k

Income taxes

€15k

Staff costs

€47k▲

2023 · €16k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€101k€157k▲

Fixed assets21/28€26k€27k▲

Tangible fixed assets22/27€26k€27k▲

Plant, machinery and equipment23€19k€13k▼

Furniture and vehicles24€2k€2k▼

Other tangible fixed assets26€5k€12k▲

Financial fixed assets28€200€200=

Current assets29/58€75k€129k▲

Stocks and contracts in progress3€27k€17k▼

Stocks30/36€15k€17k▲

Contracts in progress37€12k-

Amounts receivable within one year40/41€46k€49k▲

Trade receivables40€142€2k▲

Other amounts receivable41€46k€47k▲

Cash at bank and in hand54/58€301€60k▲

Deferred charges and accrued income490/1€2k€4k▲

Equity and liabilities

Total equity and liabilities10/49€101k€157k▲

Equity10/15€80k€127k▲

Contributions10/11€10k€10k=

Reserves13€74k€114k▲

Distributable reserves133€74k€114k▲

Profit (loss) carried forward14€-4k€3k▲

Amounts payable17/49€21k€30k▲

Amounts payable within one year42/48€21k€30k▲

Current portion of amounts payable after more than one year42€2k-

Trade debts44€9k€25k▲

Suppliers440/4€9k€25k▲

Taxes, remuneration and social security45€10k€5k▼

Taxes450/3€7k-

Remuneration and social security454/9€3k€5k▲

Income statement Code20232024

Remuneration, social security and pensions62€16k€47k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲

Other operating charges640/8€210€402▲

Gross operating margin9900€7k€116k▲

Operating profit (loss)9901€-18k€60k▲

Financial income75/76B€82€2k▲

Recurring financial income75€82€2k▲

Financial charges65/66B€376€389▲

Recurring financial charges65€376€389▲

Profit (loss) for the period before taxes9903€-18k€61k▲

Income taxes67/77-€15k

Profit (loss) for the period9904€-18k€47k▲

Profit (loss) for the period to be appropriated9905€-18k€47k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€43k▲

Profit (loss) brought forward from the previous period14P€14k€-4k▼

Transfer to equity691/2-€40k

To other reserves6921-€40k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-12

Financial Back to profitnet €47k

Net result €47k after one loss-making year.

31-12

Financial Equity above €100kEq €127k ▲58.3%

Equity rises from €80k to €127k.

14-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 14 days late

2023

31-12

Financial Weakest financial yearnet €-18k ▼271%

Net result drops to €-18k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

07-08

NBB filing Annual accounts filed

fiscal year 2021 · 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, Leuze-en-Hainaut · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Rue du Beau Site(L) 227900 Leuze-en-Hainaut

Ground area

761 m²

Building footprint

132 m²

Parcel 57048A0073/00P000, Wallonia. Linked by address, not a title deed.

1 establishment unit

D.STEEL

Rue du Beau Site(L) 22, 7900 Leuze-en-HainautManufacture of basic metals

since 20202.308.244.761

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57048A0073/00P000	Wallonia	761 m²	1 · 132 m²	-

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

Ottignies-Louvain-la-Neuve · Eq €116k

Of 165 companies in sector 24200 we hold annual accounts for 95. 63 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-10-2020

Fiscal year end31-12

Activities, NACEBEL

24200Manufacture of basic metals

25220Manufacture of fabricated metal products, except machinery and equipment

25110Manufacture of metal structures and parts of structures

25120Manufacture of fabricated metal products, except machinery and equipment

25510Coating of metals

25530Machining of metals

25610Manufacture of fabricated metal products, except machinery and equipment

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.