D-Warehouse
ActiveD-Warehouse has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €681k and a net result of €2k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 95% of 865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
short-term debt: 0.6% and cash: 1.6% of total assets, and 0.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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
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
99.4%
Return on assets
0.2%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
13 d early
2023
20 d early
2022
19 d early
2021
102 d early
2020
on the day
2019
15 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 71.7%
2024 · €6k
2018: €7k
2019: €54k
2020: €52k
2021: €54k
2022: €92k
2023: €6k
2024: €6k
2018 → 2025
Working capital
€560k▲ 0.8%
2024 · €556k
2018: €360k
2019: €427k
2020: €451k
2021: €433k
2022: €539k
2023: €547k
2024: €556k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€576k-€668k▲ 16.0%€673k▲ 0.8%€679k▲ 0.9%€681k▲ 0.2%
Operating result€60k-€129k▲ 113%€-10k€-10k▲ 4.1%€-11k▼ 11.5%
Net result€54k-€92k▲ 71.5%€6k▼ 93.9%€6k▲ 5.0%€2k▼ 71.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €685k
Fixed assets
€121k▼ 2.1%
Current assets
€564k▼ 1.5%
Equity and liabilities €685k
Equity
€681k▲ 0.2%
Debt
€4k▼ 75.3%
The debt ratio falls from 2.4% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-8k▼
2024 · €-7k
Cash flow
€4k▼
2024 · €9k
Solvency
99.4%▲
2024 · 97.6%
Debt / equity
0.01▼
2024 · 0.02
ROE
0.2%▼
2024 · 0.9%
ROA
0.2%▼
2024 · 0.8%
Interest coverage
-46.82▼
2024 · -31.87
Debt
€4k▼
2024 · €17k
Debt ≤ 1 year
€4k▼
2024 · €17k
Income taxes
€4k▲
2024 · €1k
A ratio outside any meaningful range has been withheld (balance sheet total €685k, equity €681k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€696k€685k▼
Fixed assets21/28€123k€121k▼
Tangible fixed assets22/27€123k€121k▼
Land and buildings22€123k€121k▼
Furniture and vehicles24€0-
Current assets29/58€573k€564k▼
Amounts receivable within one year40/41€557k€553k▼
Other amounts receivable41€557k€553k▼
Cash at bank and in hand54/58€16k€11k▼
Equity and liabilities
Total equity and liabilities10/49€696k€685k▼
Equity10/15€679k€681k▲
Contributions10/11€99k€99k=
Capital10€99k€99k=
Issued capital100€99k€99k=
Reserves13€580k€582k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Tax-exempt reserves132€445k€445k=
Distributable reserves133€125k€127k▲
Amounts payable17/49€17k€4k▼
Amounts payable within one year42/48€17k€4k▼
Trade debts44€513€644▲
Suppliers440/4€513€644▲
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€15k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€-3k€-4k▼
Operating profit (loss)9901€-10k€-11k▼
Financial income75/76B€17k€16k▼
Recurring financial income75€17k€16k▼
Financial charges65/66B€223€179▼
Recurring financial charges65€223€179▼
Profit (loss) for the period before taxes9903€7k€5k▼
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€6k€2k▼
Profit (loss) for the period to be appropriated9905€6k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€2k▼
Transfer to equity691/2€6k€2k▼
To other reserves6921€6k€2k▼
The notes to these accounts (3 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €2k ▼71.7%
Net result drops to €2k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 135.68
Current ratio from 34.02 to 135.68; short-term debt falls from €17k to €4k.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 34.02
Current ratio from 15.46 to 34.02; short-term debt falls from €38k to €17k.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €92k ▲71.5%
Operating result €129k, net result €92k, both a record.
31-12
Financial
Liquidity times 5current ratio 15.65
Current ratio from 2.93 to 15.65; short-term debt falls from €224k to €37k.
18-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 15 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-12-2021
Mevrouw Barbara Casier: Resigned as Director
16-04-2018
Arlette VERSCHOORE: Resigned as Director
01-07-2017
Arlette VERSCHOORE: Resigned as Director
01-07-2017
Stefaan COTTYN: Resigned as Director
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 1990
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.
Lageweg 338930 MenenGround area
2,759 m²
Building footprint
645 m²
Volume, LiDAR
3,688 m³
Parcel 34027F0277/00G000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D-Warehouse
since 19902.050.353.633
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0277/00G000 | Flanders | 2,759 m² | 1 · 645 m² | 7.2 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Legal Entity Identifier
254900Q0Q9A659ZFRE28
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 4,760 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-10-1990
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.