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DABNET

Active
Private limited company (pre-2019)founded 200323 yrs activeChaussée d'Hondzocht 312, 1480 Tubize, BelgiumKBO/BCE: BE 0480.255.116
Summary

The computed 12-month bankruptcy probability of DABNET is 1.8% (moderate). For DABNET, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€36,267) and a net result of -€14,254. Equity is shrinking by ~61.8% per year across the filed fiscal years. Its solvency ranks better than 6% of 36386 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability5▼-71
Solvency0▼-11
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-27%
Return on assets
-10.6%
Age of the figures
27 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 240 days later.
NBB · 10 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 11-02-2025, 11 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 filings
Deviation from the deadline
2025
not filed
2024
11 d late
2023
5 d late
2022
24 d late
2021
25 d late
2020
25 d late
2019
28 d late
← 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 20 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 20 May 2003, DABNET was incorporated.1 Total assets went from EUR 265,346 in 2019 to EUR 134,168 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€36,267▼ 64.8%
2023 · -€22,012
Total assets
€134,168▼ 16.1%
2023 · €160,000
Net result
-€14,254
2023 · €9,187
Working capital
-€82,386▼ 32.2%
2023 · -€62,296
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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€2,102▼ 81.7%-€29,297-€53,828▼ 83.7%€12,148-€11,811
Net result-€2,161below the sector's middle half-€33,242below the sector's middle half▼ 1,438%-€57,155below the sector's middle half▼ 71.9%€9,187within the sector's middle half-€14,254below the sector's middle half
Equity€59,198within the sector's middle half▼ 3.5%€25,955within the sector's middle half▼ 56.2%-€31,199below the sector's middle half-€22,012below the sector's middle half▲ 29.4%-€36,267below the sector's middle half▼ 64.8%
Total assets€241,743within the sector's middle half▼ 8.9%€188,194within the sector's middle half▼ 22.2%€138,893within the sector's middle half▼ 26.2%€160,000within the sector's middle half▲ 15.2%€134,168within the sector's middle half▼ 16.1%
Debt€182,545▼ 10.5%€162,239▼ 11.1%€170,092▲ 4.8%€182,012▲ 7.0%€170,434▼ 6.4%
Working capital€25,733within the sector's middle half▲ 11.8%-€7,654below the sector's middle half-€66,102below the sector's middle half▼ 764%-€62,296below the sector's middle half▲ 5.8%-€82,386below the sector's middle half▼ 32.2%
Solvency24.5%within the sector's middle half▲ 1.4pp13.8%below the sector's middle half▼ 10.7pp-22.5%below the sector's middle half▼ 36.3pp-13.8%below the sector's middle half▲ 8.7pp-27.0%below the sector's middle half▼ 13.3pp
Current ratio1.27within the sector's middle half▲ 0.050.91below the sector's middle half▼ 0.360.38below the sector's middle half▼ 0.530.53below the sector's middle half▲ 0.140.38below the sector's middle half▼ 0.15
Return on assets (ROA)-0.9%below the sector's middle half▼ 2.9pp-17.7%below the sector's middle half▼ 16.8pp-41.2%below the sector's middle half▼ 23.5pp5.7%within the sector's middle half▲ 46.9pp-10.6%below the sector's middle half▼ 16.4pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction 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
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: €2,102€2,102Net result 2020: -€2,161-€2,161Operating result 2021: -€29,297-€29,297Net result 2021: -€33,242-€33,242Operating result 2022: -€53,828-€53,828Net result 2022: -€57,155-€57,155Operating result 2023: €12,148€12,148Net result 2023: €9,187€9,187Operating result 2024: -€11,811-€11,811Net result 2024: -€14,254-€14,25420202021202220232024-€60,000-€40,000-€20,000€0€20,000Operating result 2022: -€53,828-€53,800Net result 2022: -€57,155-€57,200Operating result 2023: €12,148€12,100Net result 2023: €9,187€9,190Operating result 2024: -€11,811-€11,800Net result 2024: -€14,254-€14,300202220232024
The operating result turns negative in 2024: a loss of €11,811 after €12,148 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €134,168
Fixed assets €83,747 ▼ 7.9%
Current assets €50,421 ▼ 27.0%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€4,586▼
2023 · €19,373
Cash flow
-€7,029▼
2023 · €16,412
Debt to equity
-4.70▲
2023 · -8.27
Interest coverage
-1.88▼
2023 · 6.54
Debt ≤ 1 year
€132,807▲
2023 · €131,324
Debt > 1 year
€37,177▼
2023 · €50,238
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€160,000€134,168▼
Fixed assets21/28€90,972€83,747▼
Tangible fixed assets22/27€90,525€83,300▼
Land and buildings22€90,525€83,300▼
Financial fixed assets28€447€447=
Current assets29/58€69,028€50,421▼
Amounts receivable within one year40/41€43,393€49,242▲
Trade receivables40€40,165€43,014▲
Other amounts receivable41€3,228€6,228▲
Cash at bank and in hand54/58€25,635€1,178▼
Equity and liabilities
Total equity and liabilities10/49€160,000€134,168▼
Equity10/15-€22,012-€36,267▼
Contributions10/11€6,250€6,250=
Capital10€6,250€6,250=
Issued capital100€18,600€18,600=
Uncalled capital101€12,350€12,350=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14-€30,122-€44,377▼
Amounts payable17/49€182,012€170,434▼
Amounts payable after more than one year17€50,238€37,177▼
Financial debts170/4€50,238€37,177▼
Amounts payable within one year42/48€131,324€132,807▲
Current portion of amounts payable after more than one year42€15,080€15,489▲
Trade debts44€48,430€55,648▲
Suppliers440/4€48,430€55,648▲
Taxes, remuneration and social security45€6,720€4,816▼
Taxes450/3€6,720€4,816▼
Other amounts payable47/48€61,094€56,854▼
Accrued charges and deferred income492/3€450€450=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,225€7,225=
Other operating charges640/8€2,087€149▼
Gross operating margin9900€21,460-€4,438▼
Operating profit (loss)9901€12,148-€11,811▼
Financial charges65/66B€2,961€2,443▼
Recurring financial charges65€2,961€2,443▼
Profit (loss) for the period before taxes9903€9,187-€14,254▼
Profit (loss) for the period9904€9,187-€14,254▼
Profit (loss) for the period to be appropriated9905€9,187-€14,254▼
Appropriation of the result
Profit (loss) to be appropriated9906-€30,122-€44,377▼
Profit (loss) brought forward from the previous period14P-€39,309-€30,122▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,205€11,598€10,873€7,225€7,225=
Other operating charges640/8--€3,170€2,087€149▼ 92.9%
Gross operating margin9900€20,872-€16,213-€39,784€21,460-€4,438▼ 121%
Operating profit (loss)9901€2,102-€29,297-€53,828€12,148-€11,811▼ 197%
Financial charges65/66B--€3,327€2,961€2,443▼ 17.5%
Recurring financial charges65€4,262€3,945€3,327€2,961€2,443▼ 17.5%
Profit (loss) for the period before taxes9903-€2,161-€33,242-€57,155€9,187-€14,254▼ 255%
Profit (loss) for the period9904-€2,161-€33,242-€57,155€9,187-€14,254▼ 255%
Profit (loss) for the period to be appropriated9905-€2,161-€33,242-€57,155€9,187-€14,254▼ 255%
Line20202021202220232024Change
Assets
Total assets20/58€241,743€188,194€138,893€160,000€134,168▼ 16.1%
Fixed assets21/28€120,669€109,071€98,197€90,972€83,747▼ 7.9%
Tangible fixed assets22/27€120,222€108,623€97,750€90,525€83,300▼ 8.0%
Land and buildings22--€97,750€90,525€83,300▼ 8.0%
Financial fixed assets28€447€447€447€447€447=
Current assets29/58€121,074€79,124€40,696€69,028€50,421▼ 27.0%
Amounts receivable within one year40/41€96,116€73,286€33,389€43,393€49,242▲ 13.5%
Trade receivables40--€30,161€40,165€43,014▲ 7.1%
Other amounts receivable41--€3,228€3,228€6,228▲ 92.9%
Cash at bank and in hand54/58€24,957€5,838€7,306€25,635€1,178▼ 95.4%
Equity and liabilities
Total equity and liabilities10/49€241,743€188,194€138,893€160,000€134,168▼ 16.1%
Equity10/15€59,198€25,955-€31,199-€22,012-€36,267▼ 64.8%
Contributions10/11€6,250€6,250€6,250€6,250€6,250=
Capital10--€6,250€6,250€6,250=
Issued capital100--€18,600€18,600€18,600=
Uncalled capital101--€12,350€12,350€12,350=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Legal reserve130--€1,860€1,860€1,860=
Profit (loss) carried forward14€51,088€17,845-€39,309-€30,122-€44,377▼ 47.3%
Amounts payable17/49€182,545€162,239€170,092€182,012€170,434▼ 6.4%
Amounts payable after more than one year17€86,755€75,011€62,844€50,238€37,177▼ 26.0%
Financial debts170/4--€62,844€50,238€37,177▼ 26.0%
Amounts payable within one year42/48€95,340€86,778€106,798€131,324€132,807▲ 1.1%
Current portion of amounts payable after more than one year42--€14,651€15,080€15,489▲ 2.7%
Trade debts44€25,637€23,240€30,029€48,430€55,648▲ 14.9%
Suppliers440/4--€30,029€48,430€55,648▲ 14.9%
Taxes, remuneration and social security45--€6,281€6,720€4,816▼ 28.3%
Taxes450/3--€6,281€6,720€4,816▼ 28.3%
Other amounts payable47/48--€55,837€61,094€56,854▼ 6.9%
Accrued charges and deferred income492/3--€450€450€450=
Line20202021202220232024Change
Profit (loss) for the period9904-€2,161-€33,242-€57,155€9,187-€14,254▼ 255%
+ Depreciation and write-downs630€16,205€11,598€10,873€7,225€7,225=
Operating cash flow (approximation)€14,045-€21,644-€46,281€16,412-€7,029▼ 143%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€19,120€1,468€18,329-€24,457▼ 233%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
11-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
05-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
30-06
Financial Back to profitnet €9,187
Net result €9,187 after 3 loss-making years.
24-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
30-06
Financial Weakest financial yearnet -€57,155
Net result drops to -€57,155, the lowest in the series; recovery starts the following year.
25-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
25-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
26-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
27-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 27 days late
2016
26-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 26 days late
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, Tubize · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
560 m²
Building footprint
169 m²
Volume, LiDAR
1,247 m³
2 parcels, Brussels, Wallonia · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Jobsesteenweg 460, 1180 Ukkel
NACE 01411
since 20032.131.821.161
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21612D0133/00N000 Brussels 355 m² 1 · 121 m² 10.7 m · 2 fl.
25105A0490/00E004 Wallonia 205 m² 1 · 48 m² 12.0 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 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

Of 7,300 companies in sector 43350 we hold annual accounts for 2,362. 1,865 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 (pre-2019)
Founded20-05-2003
Fiscal year end30-06
Activities, NACEBEL 2025
43350Other building finishing work
43341Painting of buildings
E-invoicing
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Scores and ratios are computed by Checked and are not a credit decision.