Summary
DAZZLE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.7m and a net result of €106,875. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 9865 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
2024
26 d late
2023
on the day
2022
on the day
2021
15 d late
2020
25 d late
2019
35 d late
2018
on the day
← 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 14 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#8 company by equity in Maaseik, Finance and insurance sector
Equity
€1.7m▲ 5.5%
2023 · €1.6m
Net result
€106,875
2023 · -€29,664
Total assets
€2.1m▼ 0.5%
2023 · €2.2m
Solvency
81.0%▲ 4.5pp
2023 · 76.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€110,043▲ 29.3%-€77,204▲ 29.8%-€105,582▼ 36.8%-€23,029▲ 78.2%€108,403
Net result-€120,841-€85,231▲ 29.5%-€81,624▲ 4.2%-€29,664▲ 63.7%€106,875
Equity€1.8m▼ 6.2%€1.8m▼ 4.6%€1.7m▼ 4.6%€1.6m▼ 1.8%€1.7m▲ 5.5%
Total assets€2.4m▲ 0.5%€2.3m▼ 4.1%€2.2m▼ 5.1%€2.2m▼ 0.1%€2.1m▼ 0.5%
Debt€525,071▲ 34.1%€512,747▼ 2.3%€478,911▼ 6.6%€506,310▲ 5.7%€406,816▼ 19.7%
Working capital€1.6m▼ 3.8%€816,941▼ 49.8%€740,286▼ 9.4%€759,393▲ 2.6%€1.3m▲ 67.0%
Solvency77.8%▼ 5.6pp77.4%▼ 0.4pp77.8%▲ 0.4pp76.5%▼ 1.3pp81.0%▲ 4.5pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €108,403 after a loss of €23,029 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.1m
Fixed assets
€629,485 ▼ 50.5%
Current assets
€1.5m ▲ 72.1%
Equity and liabilities €2.1m
Equity
€1.7m ▲ 5.5%
Debt
€406,816 ▼ 19.7%
Debt's share of the balance-sheet total falls from 23.5% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
6.2%▲
2023 · -1.8%
ROA
5.0%▲
2023 · -1.4%
Debt ≤ 1 year
€243,425▲
2023 · €119,238
Debt > 1 year
€163,391▼
2023 · €387,072
Income taxes
€46,079▲
2023 · €313
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,474 | €47,792 | €67,194 | €66,561 | €60,689 | ▼ 8.8% |
| Other operating charges640/8 | - | - | €4,072 | €6,472 | €17,117 | ▲ 164% |
| Gross operating margin9900 | -€67,884 | -€24,307 | -€34,316 | €50,004 | €186,209 | ▲ 272% |
| Operating profit (loss)9901 | -€110,043 | -€77,204 | -€105,582 | -€23,029 | €108,403 | ▲ 571% |
| Financial income75/76B | - | - | €59,842 | €7,208 | €72,725 | ▲ 909% |
| Recurring financial income75 | €645 | €5,836 | €59,842 | €7,208 | €72,725 | ▲ 909% |
| Financial charges65/66B | - | - | €35,264 | €13,530 | €28,173 | ▲ 108% |
| Recurring financial charges65 | €10,946 | €12,950 | €35,264 | €13,530 | €28,173 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | -€120,344 | -€84,318 | -€81,004 | -€29,351 | €152,955 | ▲ 621% |
| Income taxes67/77 | €497 | €913 | €620 | €313 | €46,079 | ▲ 14,612% |
| Profit (loss) for the period9904 | -€120,841 | -€85,231 | -€81,624 | -€29,664 | €106,875 | ▲ 460% |
| Profit (loss) for the period to be appropriated9905 | -€120,841 | -€85,231 | -€81,624 | -€29,664 | €106,875 | ▲ 460% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.3m | €2.2m | €2.2m | €2.1m | ▼ 0.5% |
| Fixed assets21/28 | €682,003 | €1.4m | €1.3m | €1.3m | €629,485 | ▼ 50.5% |
| Tangible fixed assets22/27 | €682,003 | €1.4m | €1.3m | €1.3m | €629,485 | ▼ 50.5% |
| Land and buildings22 | - | - | €1.3m | €1.3m | €628,093 | ▼ 50.6% |
| Furniture and vehicles24 | - | - | €440 | €192 | €1,392 | ▲ 626% |
| Current assets29/58 | €1.7m | €886,454 | €820,531 | €878,631 | €1.5m | ▲ 72.1% |
| Amounts receivable after more than one year29 | - | - | - | €40,000 | €66,000 | ▲ 65.0% |
| Other amounts receivable291 | - | - | - | €40,000 | €66,000 | ▲ 65.0% |
| Amounts receivable within one year40/41 | €418,195 | €346,426 | €349,077 | €282,922 | €522,482 | ▲ 84.7% |
| Trade receivables40 | - | - | - | €28,237 | €41,126 | ▲ 45.6% |
| Other amounts receivable41 | - | - | €349,077 | €254,685 | €481,356 | ▲ 89.0% |
| Current investments50/53 | €260,132 | €248,298 | €77,765 | €485,731 | €900,642 | ▲ 85.4% |
| Cash at bank and in hand54/58 | €1.0m | €291,730 | €390,336 | €67,069 | €21,826 | ▼ 67.5% |
| Deferred charges and accrued income490/1 | - | - | €3,353 | €2,908 | €872 | ▼ 70.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.3m | €2.2m | €2.2m | €2.1m | ▼ 0.5% |
| Equity10/15 | €1.8m | €1.8m | €1.7m | €1.6m | €1.7m | ▲ 5.5% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €11,306 | €11,306 | €11,306 | €11,306 | €118,181 | ▲ 945% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €9,446 | €9,446 | €118,181 | ▲ 1,151% |
| Profit (loss) carried forward14 | €1.8m | €1.7m | €1.7m | €1.6m | €1.6m | ▼ 1.1% |
| Amounts payable17/49 | €525,071 | €512,747 | €478,911 | €506,310 | €406,816 | ▼ 19.7% |
| Amounts payable after more than one year17 | €469,701 | €443,233 | €398,666 | €387,072 | €163,391 | ▼ 57.8% |
| Financial debts170/4 | - | - | €398,666 | €387,072 | €163,391 | ▼ 57.8% |
| Amounts payable within one year42/48 | €55,370 | €69,514 | €80,245 | €119,238 | €243,425 | ▲ 104% |
| Current portion of amounts payable after more than one year42 | - | - | €48,246 | €12,873 | €13,671 | ▲ 6.2% |
| Financial debts43 | - | - | - | €70,000 | €180,000 | ▲ 157% |
| Credit institutions430/8 | - | - | - | €70,000 | €180,000 | ▲ 157% |
| Trade debts44 | - | €8,463 | €17,436 | €8,492 | €28,894 | ▲ 240% |
| Suppliers440/4 | - | - | €17,436 | €8,492 | €28,894 | ▲ 240% |
| Taxes, remuneration and social security45 | - | - | €5,459 | €7,087 | €14,016 | ▲ 97.8% |
| Taxes450/3 | - | - | €3,959 | €7,087 | €14,016 | ▲ 97.8% |
| Remuneration and social security454/9 | - | - | €1,500 | - | - | - |
| Other amounts payable47/48 | - | - | €9,104 | €20,786 | €6,843 | ▼ 67.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€120,841 | -€85,231 | -€81,624 | -€29,664 | €106,875 | ▲ 460% |
| + Depreciation and write-downs630 | €36,474 | €47,792 | €67,194 | €66,561 | €60,689 | ▼ 8.8% |
| Operating cash flow (approximation) | -€84,367 | -€37,439 | -€14,430 | €36,897 | €167,564 | ▲ 354% |
| Investment in fixed assets (approximation) | - | -€748,145 | -€17,658 | -€6,196 | €582,282 | ▲ 9,497% |
| Change in cash | - | -€713,529 | €98,606 | -€323,267 | -€45,243 | ▲ 86.0% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €106,875
Net result €106,875 after 4 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 15 days late
2021
25-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
30-06
Financial
Weakest financial yearnet -€120,841
Net result drops to -€120,841, the lowest in the series; recovery starts the following year.
06-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
14-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
12-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Maaseik · 1 establishment unit since 2007
Ground area
209 m²
Building footprint
107 m²
Volume, LiDAR
851 m³
Parcel 72021D0015/00C002, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DAZZLE
since 20072.161.049.637
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021D0015/00C002 | Flanders | 209 m² | 1 · 106 m² | 11.7 m · 3 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
875500BKC4T8NSEZDO34
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,771. 11,336 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
Founded26-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.