DARBRO
ActiveSummary
DARBRO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €986,281 and a net result of €262,785. Equity is growing by ~50.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 8.31 against 8.53 in 2024; short-term debt: 12% and cash: 29.8% of total assets), and 12% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
88%
Return on assets
23.5%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 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
29 d late
2024
28 d late
2023
28 d late
2022
31 d late
2021
25 d late
2020
26 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€262,785▲ 42.5%
2024 · €184,461
Working capital
€982,034▲ 37.3%
2024 · €715,407
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Operating result€135,382▲ 5.2%€285,075▲ 111%€251,451▼ 11.8%€275,327▲ 9.5%€362,472▲ 31.7%
Net result€79,693above the sector's middle half▼ 30.4%€200,053above the sector's middle half▲ 151%€161,299above the sector's middle half▼ 19.4%€184,461above the sector's middle half▲ 14.4%€262,785above the sector's middle half▲ 42.5%
Equity€213,684above the sector's middle half▲ 25.7%€377,737above the sector's middle half▲ 76.8%€539,036within the sector's middle half▲ 42.7%€723,497above the sector's middle half▲ 34.2%€986,281above the sector's middle half▲ 36.3%
Total assets€375,560above the sector's middle half▲ 52.2%€607,082above the sector's middle half▲ 61.6%€785,304within the sector's middle half▲ 29.4%€818,525above the sector's middle half▲ 4.2%€1.1mabove the sector's middle half▲ 36.9%
Debt€161,876▲ 111%€229,345▲ 41.7%€246,268▲ 7.4%€95,028▼ 61.4%€134,293▲ 41.3%
Working capital€202,944above the sector's middle half▲ 21.7%€368,857above the sector's middle half▲ 81.8%€535,316above the sector's middle half▲ 45.1%€715,407above the sector's middle half▲ 33.6%€982,034above the sector's middle half▲ 37.3%
Solvency56.9%within the sector's middle half▼ 12.0pp62.2%above the sector's middle half▲ 5.3pp68.6%above the sector's middle half▲ 6.4pp88.4%above the sector's middle half▲ 19.7pp88.0%above the sector's middle half▼ 0.4pp
Current ratio2.25within the sector's middle half▼ 0.922.61within the sector's middle half▲ 0.353.17above the sector's middle half▲ 0.578.53above the sector's middle half▲ 5.358.31above the sector's middle half▼ 0.22
Return on assets (ROA)21.2%above the sector's middle half▼ 25.2pp33.0%above the sector's middle half▲ 11.7pp20.5%above the sector's middle half▼ 12.4pp22.5%above the sector's middle half▲ 2.0pp23.5%above the sector's middle half▲ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€4,248 ▼ 47.5%
Current assets
€1.1m ▲ 37.7%
Equity and liabilities €1.1m
Equity
€986,281 ▲ 36.3%
Debt
€134,293 ▲ 41.3%
Debt's share of the balance-sheet total rises from 11.6% to 12.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€366,314▲
2024 · €278,183
Cash flow
€266,626▲
2024 · €187,316
Quick ratio
6.52▲
2024 · 6.26
Debt to equity
0.14▲
2024 · 0.13
ROE
26.6%▲
2024 · 25.5%
Interest coverage
351.56▼
2024 · 550.98
Debt ≤ 1 year
€134,293▲
2024 · €95,028
Income taxes
€99,982▲
2024 · €90,362
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 17,811 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €474 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,860 | €1,860 | €1,860 | €2,856 | €3,842 | ▲ 34.5% |
| Other operating charges640/8 | €418 | €3,661 | €314 | €5,594 | €8,148 | ▲ 45.6% |
| Gross operating margin9900 | €137,660 | €290,596 | €254,099 | €283,778 | €374,462 | ▲ 32.0% |
| Operating profit (loss)9901 | €135,382 | €285,075 | €251,451 | €275,327 | €362,472 | ▲ 31.7% |
| Financial income75/76B | - | - | - | - | €1,337 | - |
| Recurring financial income75 | - | - | - | - | €1,337 | - |
| Financial charges65/66B | €120 | €180 | €180 | €505 | €1,042 | ▲ 106% |
| Recurring financial charges65 | €120 | €180 | €180 | €505 | €1,042 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €135,262 | €284,895 | €251,271 | €274,823 | €362,767 | ▲ 32.0% |
| Income taxes67/77 | €55,569 | €84,842 | €89,972 | €90,362 | €99,982 | ▲ 10.6% |
| Profit (loss) for the period9904 | €79,693 | €200,053 | €161,299 | €184,461 | €262,785 | ▲ 42.5% |
| Profit (loss) for the period to be appropriated9905 | €79,693 | €200,053 | €161,299 | €184,461 | €262,785 | ▲ 42.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €375,560 | €607,082 | €785,304 | €818,525 | €1.1m | ▲ 36.9% |
| Fixed assets21/28 | €10,740 | €8,880 | €3,720 | €8,089 | €4,248 | ▼ 47.5% |
| Tangible fixed assets22/27 | €7,440 | €5,580 | €3,720 | €8,089 | €4,248 | ▼ 47.5% |
| Plant, machinery and equipment23 | - | - | - | €3,362 | €2,020 | ▼ 39.9% |
| Furniture and vehicles24 | €7,440 | €5,580 | €3,720 | €4,728 | €2,228 | ▼ 52.9% |
| Financial fixed assets28 | €3,300 | €3,300 | - | - | - | - |
| Current assets29/58 | €364,820 | €598,202 | €781,584 | €810,436 | €1.1m | ▲ 37.7% |
| Stocks and contracts in progress3 | €110,501 | €229,165 | €227,169 | €215,939 | €240,499 | ▲ 11.4% |
| Stocks30/36 | €110,501 | €229,165 | €227,169 | €215,939 | €240,499 | ▲ 11.4% |
| Amounts receivable within one year40/41 | €147,614 | €190,509 | €463,547 | €514,604 | €541,412 | ▲ 5.2% |
| Trade receivables40 | €147,614 | €190,509 | €463,547 | €514,604 | €540,787 | ▲ 5.1% |
| Other amounts receivable41 | - | - | - | - | €625 | - |
| Cash at bank and in hand54/58 | €106,080 | €178,207 | €90,333 | €79,015 | €333,882 | ▲ 323% |
| Deferred charges and accrued income490/1 | €625 | €322 | €535 | €878 | €533 | ▼ 39.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €375,560 | €607,082 | €785,304 | €818,525 | €1.1m | ▲ 36.9% |
| Equity10/15 | €213,684 | €377,737 | €539,036 | €723,497 | €986,281 | ▲ 36.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | - | - | - | - | - |
| Share premium1100/10 | €18,600 | - | - | - | - | - |
| Reserves13 | €45,553 | €209,606 | €370,905 | €555,366 | €555,366 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €43,693 | €207,746 | €369,045 | €553,506 | €553,506 | = |
| Profit (loss) carried forward14 | €149,531 | €149,531 | €149,531 | €149,531 | €412,315 | ▲ 176% |
| Amounts payable17/49 | €161,876 | €229,345 | €246,268 | €95,028 | €134,293 | ▲ 41.3% |
| Amounts payable within one year42/48 | €161,876 | €229,345 | €246,268 | €95,028 | €134,293 | ▲ 41.3% |
| Trade debts44 | €52,188 | €40,055 | €91,270 | €882 | €1,064 | ▲ 20.6% |
| Suppliers440/4 | €52,188 | €40,055 | €91,270 | €882 | €1,064 | ▲ 20.6% |
| Taxes, remuneration and social security45 | €46,731 | €114,509 | €102,036 | €46,501 | €47,172 | ▲ 1.4% |
| Taxes450/3 | €46,731 | €114,509 | €102,036 | €28,299 | €47,172 | ▲ 66.7% |
| Remuneration and social security454/9 | - | - | - | €18,202 | - | - |
| Other amounts payable47/48 | €62,957 | €74,782 | €52,963 | €47,645 | €86,056 | ▲ 80.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,693 | €200,053 | €161,299 | €184,461 | €262,785 | ▲ 42.5% |
| + Depreciation and write-downs630 | €1,860 | €1,860 | €1,860 | €2,856 | €3,842 | ▲ 34.5% |
| Operating cash flow (approximation) | €81,553 | €201,913 | €163,159 | €187,316 | €266,626 | ▲ 42.3% |
| Investment in fixed assets (approximation) | - | €0 | €3,300 | -€7,225 | €0 | ▲ 100% |
| Change in cash | - | €72,127 | -€87,874 | -€11,318 | €254,867 | ▲ 2,352% |
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
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €262,785 ▲42.5%
Operating result €362,472, net result €262,785, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 8.53
Current ratio from 3.17 to 8.53; short-term debt falls from €246,268 to €95,028.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Equity above €500,000Eq €539,036 ▲42.7%
6 profitable years in a row build equity to €539,036.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Equity above €200,000Eq €213,684 ▲25.7%
4 profitable years in a row build equity to €213,684.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Equity above €150,000Eq €169,991 ▲95.3%
3 profitable years in a row build equity to €169,991.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Show earlier events
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Anderlecht · 1 establishment unit since 2013
Ground area
9.9 ha
Building footprint
1,956 m²
Volume, LiDAR
32,328 m³
2 parcels, Brussels, Flanders · tallest building 22.5 m, ±6 floors. Linked by address, not a title deed.
107
companies at this address
See who is registered here
1 establishment unit
DARBRO
since 20132.219.360.790
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23046C0246/00F002 | Flanders | 6.1 ha | 1 · 378 m² | 11.2 m · 3 fl. |
| 21306C0030/00V000 | Brussels | 3.8 ha | 1 · 1,578 m² | 22.5 m · 6 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.
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Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 883 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
Founded11-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0848591830
Also
9925:BE0848591830
Registered
20-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.