DB-ASFALT
Open bankruptcyA bankruptcy procedure is open for DB-ASFALT according to publications in the Belgian State Gazette; curator: DELPHINE CLOET.
Summary
The 2024 annual accounts show equity of €81,452 and a net result of -€70,892.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Kortrijk division
- Declared bankrupt
- 10 February 2026
- Supervising judge
- Jan Voet
- Official Gazette
- 16-02-2026 (pdf) ↗search the document for 2026/106507
Deadlines
- Provisional date payments stopped
- 10 February 2026A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 3 March 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 March 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 31 March 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 10 February 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Delphine CloetGuido Gezellestraat 10, 8790 Waregemdelphine@w-advocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Overview
What they do
Specialised construction activities
NACE 43421Roofing work NACE 43410Bricklaying and masonry work NACE 43910
1 site
How big
€456,007total assets 2024
- Staff
- 4.5 FTE
- Equity
- €81,452
- Loss
- -€70,892
Turnover not published (abridged schema)
Financially healthy?
Open bankruptcy: no score
Who decides
- Parent
- WL & D MANAGEMENT · 100%
Accounts 243 d overdue0 of 8 deeds read
Signals- Open bankruptcyLatest accounts filed on timeShow the evidence
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 03-01-2025, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
28 d early
2023
44 d early
2022
43 d early
2021
24 d early
2020
24 d early
2019
23 d early
← 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 31 days before 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)
- OpeningOndernemingsrechtbank Gent, afdeling Kortrijk ·…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Weakest financial yearnet -€70,892
Financials
Fiscal year 2024Total assets €456,007Loss -€70,892Solvency 17.9%Liquidity 1.15
Total assets
€456,007▼ 11.6%
2019 - 2024
Net result
-€70,892▼ 117%
2019 - 2024
Equity
€81,452▼ 46.5%
2019 - 2024
Staff (FTE)
4.5▲ 7.1%
2019 - 2024
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€64,252▼ 68.1%€140,767▲ 119%€30,231▼ 78.5%€4,640▼ 84.6%-€41,065
Net result€33,592within the sector's middle half▼ 82.3%€120,741above the sector's middle half▲ 259%€7,472below the sector's middle half▼ 93.8%-€32,709below the sector's middle half-€70,892below the sector's middle half▼ 117%
Equity€164,566within the sector's middle half▲ 14.7%€157,307within the sector's middle half▼ 4.4%€185,053within the sector's middle half▲ 17.6%€152,344within the sector's middle half▼ 17.7%€81,452below the sector's middle half▼ 46.5%
Total assets€719,703within the sector's middle half▼ 18.2%€612,154within the sector's middle half▼ 14.9%€650,377within the sector's middle half▲ 6.2%€515,787within the sector's middle half▼ 20.7%€456,007within the sector's middle half▼ 11.6%
Debt€555,137▼ 24.6%€454,847▼ 18.1%€465,323▲ 2.3%€363,443▼ 21.9%€374,554▲ 3.1%
Working capital€154,663within the sector's middle half▲ 18.2%€149,869within the sector's middle half▼ 3.1%€137,207within the sector's middle half▼ 8.4%€117,741within the sector's middle half▼ 14.2%€54,587within the sector's middle half▼ 53.6%
Solvency22.9%within the sector's middle half▲ 6.6pp25.7%within the sector's middle half▲ 2.8pp28.5%within the sector's middle half▲ 2.8pp29.5%within the sector's middle half▲ 1.1pp17.9%below the sector's middle half▼ 11.7pp
Current ratio1.28within the sector's middle half▲ 0.101.33within the sector's middle half▲ 0.051.29within the sector's middle half▼ 0.031.32within the sector's middle half▲ 0.031.15below the sector's middle half▼ 0.18
Return on assets (ROA)4.7%within the sector's middle half▼ 16.9pp19.7%above the sector's middle half▲ 15.1pp1.1%below the sector's middle half▼ 18.6pp-6.3%below the sector's middle half▼ 7.5pp-15.5%below the sector's middle half▼ 9.2pp
Staff (FTE)8within the sector's middle half▼ 20.8%5.5within the sector's middle half▼ 31.3%5.1within the sector's middle half▼ 7.3%4.2within the sector's middle half▼ 17.6%4.5within the sector's middle half▲ 7.1%
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 abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €41,065 after €4,640 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €456,007
Fixed assets
€26,866 ▼ 22.4%
Current assets
€429,141 ▼ 10.8%
Equity and liabilities €456,007
Equity
€81,452 ▼ 46.5%
Debt
€374,554 ▲ 3.1%
Debt's share of the balance-sheet total rises from 70.5% to 82.1%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
-€21,645▼
2023 · €21,877
Cash flow
-€51,472▼
2023 · -€15,473
Quick ratio
0.93▼
2023 · 1.09
Debt to equity
4.60▲
2023 · 2.39
ROE
-87.0%▼
2023 · -21.5%
Interest coverage
-0.44▼
2023 · 0.40
Debt ≤ 1 year
€374,554▲
2023 · €363,443
Staff costs
€282,821▲
2023 · €257,212
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,000 | - | - |
| Remuneration, social security and pensions62 | - | - | €302,867 | €257,212 | €282,821 | ▲ 10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,203 | €3,799 | €10,213 | €17,237 | €19,420 | ▲ 12.7% |
| Other operating charges640/8 | - | - | €4,635 | €7,824 | €7,764 | ▼ 0.8% |
| Gross operating margin9900 | €491,858 | €439,246 | €347,945 | €286,913 | €268,940 | ▼ 6.3% |
| Operating profit (loss)9901 | €64,252 | €140,767 | €30,231 | €4,640 | -€41,065 | ▼ 985% |
| Financial income75/76B | - | - | €18,694 | €17,749 | €19,723 | ▲ 11.1% |
| Recurring financial income75 | €15,923 | €18,814 | €18,694 | €17,749 | €19,723 | ▲ 11.1% |
| Financial charges65/66B | - | - | €38,021 | €54,894 | €49,549 | ▼ 9.7% |
| Recurring financial charges65 | €36,528 | €38,173 | €38,021 | €54,894 | €49,549 | ▼ 9.7% |
| Profit (loss) for the period before taxes9903 | €43,648 | €121,408 | €10,903 | -€32,504 | -€70,892 | ▼ 118% |
| Income taxes67/77 | €10,056 | €667 | €3,432 | €206 | - | - |
| Profit (loss) for the period9904 | €33,592 | €120,741 | €7,472 | -€32,709 | -€70,892 | ▼ 117% |
| Profit (loss) for the period to be appropriated9905 | €33,592 | €120,741 | €7,472 | -€32,709 | -€70,892 | ▼ 117% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €719,703 | €612,154 | €650,377 | €515,787 | €456,007 | ▼ 11.6% |
| Fixed assets21/28 | €9,903 | €7,438 | €47,846 | €34,603 | €26,866 | ▼ 22.4% |
| Tangible fixed assets22/27 | €9,489 | €7,024 | €47,432 | €34,188 | €26,452 | ▼ 22.6% |
| Plant, machinery and equipment23 | - | - | €12,085 | €11,914 | €14,007 | ▲ 17.6% |
| Furniture and vehicles24 | - | - | €35,347 | €22,274 | €12,444 | ▼ 44.1% |
| Financial fixed assets28 | €414 | €414 | €414 | €414 | €414 | = |
| Current assets29/58 | €709,800 | €604,717 | €602,531 | €481,184 | €429,141 | ▼ 10.8% |
| Stocks and contracts in progress3 | €180,103 | €113,000 | €80,000 | €85,000 | €82,000 | ▼ 3.5% |
| Stocks30/36 | - | - | €80,000 | €85,000 | €82,000 | ▼ 3.5% |
| Amounts receivable within one year40/41 | €394,988 | €330,700 | €485,331 | €330,529 | €323,216 | ▼ 2.2% |
| Trade receivables40 | - | - | €403,949 | €280,639 | €280,892 | ▲ 0.1% |
| Other amounts receivable41 | - | - | €81,382 | €49,890 | €42,324 | ▼ 15.2% |
| Cash at bank and in hand54/58 | €134,709 | €161,016 | €37,200 | €61,948 | €15,497 | ▼ 75.0% |
| Deferred charges and accrued income490/1 | - | - | - | €3,707 | €8,428 | ▲ 127% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €719,703 | €612,154 | €650,377 | €515,787 | €456,007 | ▼ 11.6% |
| Equity10/15 | €164,566 | €157,307 | €185,053 | €152,344 | €81,452 | ▼ 46.5% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €157,860 | €150,860 | €177,860 | €145,860 | €75,000 | ▼ 48.6% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | €176,000 | €144,000 | €75,000 | ▼ 47.9% |
| Profit (loss) carried forward14 | €506 | €247 | €993 | €284 | €252 | ▼ 11.1% |
| Amounts payable17/49 | €555,137 | €454,847 | €465,323 | €363,443 | €374,554 | ▲ 3.1% |
| Amounts payable within one year42/48 | €555,137 | €454,847 | €465,323 | €363,443 | €374,554 | ▲ 3.1% |
| Financial debts43 | - | - | €125,139 | €200,000 | €175,000 | ▼ 12.5% |
| Credit institutions430/8 | - | - | €125,139 | €200,000 | €175,000 | ▼ 12.5% |
| Trade debts44 | €415,341 | €183,070 | €328,483 | €155,209 | €176,342 | ▲ 13.6% |
| Suppliers440/4 | - | - | €328,483 | €155,209 | €176,342 | ▲ 13.6% |
| Taxes, remuneration and social security45 | - | - | €11,702 | €8,234 | €23,212 | ▲ 182% |
| Taxes450/3 | - | - | €3,045 | - | €2,816 | - |
| Remuneration and social security454/9 | - | - | €8,657 | €8,234 | €20,397 | ▲ 148% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,592 | €120,741 | €7,472 | -€32,709 | -€70,892 | ▼ 117% |
| + Depreciation and write-downs630 | €11,203 | €3,799 | €10,213 | €17,237 | €19,420 | ▲ 12.7% |
| Operating cash flow (approximation) | €44,795 | €124,540 | €17,684 | -€15,473 | -€51,472 | ▼ 233% |
| Investment in fixed assets (approximation) | - | -€1,334 | -€50,621 | -€3,993 | -€11,683 | ▼ 193% |
| Change in cash | - | €26,307 | -€123,817 | €24,748 | -€46,450 | ▼ 288% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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Koen 2.0
BE 1010.732.575
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RENODEC
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AD ARDOISES
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Of 369 companies in this sector we hold annual accounts for 207. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent WL & D MANAGEMENT · 100%
Directors
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DELPHINE CLOET Guido Gezellestraat 10, 8790 Waregem |
10-02-2026 → present |
Structure & network
Owners and holdings
1 ownerChain of control
- WL & D MANAGEMENT
- DB-ASFALT
Highest known parent: WL & D MANAGEMENT. The sources do not say who stands above it.
Owners 1
- WL & D MANAGEMENTparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 8 Gazette acts processed.
Timeline
13 eventsLatest 16-02-2026
History
Acts, filings and financial milestones
2026
16-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 10-02-2026
2025
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet -€70,892
Net result drops to -€70,892, the lowest in the series.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
07-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €150,000Eq €164,566 ▲14.7%
2 profitable years in a row build equity to €164,566.
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Support & recognitions
1 funding sourceFlanders €225
Flemish government
€225
awarded · 2023
Subsidies and aid
Flemish government
2023 · 1 entry · €225 awarded · €225 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | €225 | €225 |
Company details
Private limited company · founded 18-01-2011Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded18-01-2011
Fiscal year end30-06
Activities, NACEBEL 2025
43410Roofing work
43421Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0833425681
Also
9925:BE0833425681
Registered
17-06-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2011
Ground area
4,082 m²
Parcel 34038A0597/00D000, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DB-ASFALT
since 2011unit no. 2.196.349.719
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038A0597/00D000 | Flanders | 4,082 m² | - | - |
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.
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Specialised construction activities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.