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DB&C°

Active
Private limited companyfounded 2005active for 21 yearsVlamingenstraat 35, 8530 Harelbeke, BelgiumKBO/BCE: BE 0874.697.302
Summary

DB&C° has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261,412 and a net result of €30,060. Equity is growing by about 9.3% per year across the filed financial years. Its solvency ranks better than 79% of 34,699 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (3 days) Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00386812.

Equity
€261,412▲ 13.0%
2024 · €231,352
Total assets
€356,763▲ 34.6%
2024 · €264,971
Net result
€30,060▲ 275%
2024 · €8,012
Working capital
€251,544▲ 15.8%
2024 · €217,201
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 7.1 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€35,405 2025 Net result€30,060 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€29,277-€43,545▲ 48.7%€70,832▲ 62.7%€74,082▲ 4.6%-€6,236€18,943€5,004▼ 73.6%€35,405▲ 608%
Net result€21,297-€30,552▲ 43.5%€49,816above the sector's middle half▲ 63.1%€51,692above the sector's middle half▲ 3.8%-€7,482below the sector's middle half€17,808within the sector's middle half€8,012within the sector's middle half▼ 55.0%€30,060above the sector's middle half▲ 275%
Equity€105,554-€136,106▲ 28.9%€185,922above the sector's middle half▲ 36.6%€237,614above the sector's middle half▲ 27.8%€207,132above the sector's middle half▼ 12.8%€223,340above the sector's middle half▲ 7.8%€231,352above the sector's middle half▲ 3.6%€261,412above the sector's middle half▲ 13.0%
Total assets€195,759-€210,836▲ 7.7%€253,599within the sector's middle half▲ 20.3%€334,678above the sector's middle half▲ 32.0%€263,541within the sector's middle half▼ 21.3%€280,094within the sector's middle half▲ 6.3%€264,971within the sector's middle half▼ 5.4%€356,763above the sector's middle half▲ 34.6%
Debt€90,206-€74,730▼ 17.2%€67,677▼ 9.4%€97,064▲ 43.4%€56,409▼ 41.9%€56,754▲ 0.6%€33,619▼ 40.8%€95,351▲ 184%
Working capital€77,013-€112,036▲ 45.5%€168,267above the sector's middle half▲ 50.2%€205,913above the sector's middle half▲ 22.4%€171,658above the sector's middle half▼ 16.6%€199,547above the sector's middle half▲ 16.2%€217,201above the sector's middle half▲ 8.8%€251,544above the sector's middle half▲ 15.8%
Solvency53.9%-64.6%▲ 10.6pp73.3%above the sector's middle half▲ 8.8pp71.0%above the sector's middle half▼ 2.3pp78.6%above the sector's middle half▲ 7.6pp79.7%above the sector's middle half▲ 1.1pp87.3%above the sector's middle half▲ 7.6pp73.3%above the sector's middle half▼ 14.0pp
Current ratio1.86-2.50▲ 0.643.49above the sector's middle half▲ 0.993.13above the sector's middle half▼ 0.354.04above the sector's middle half▲ 0.914.52above the sector's middle half▲ 0.477.46above the sector's middle half▲ 2.943.64above the sector's middle half▼ 3.82
Return on assets (ROA)10.9%-14.5%▲ 3.6pp19.6%above the sector's middle half▲ 5.2pp15.4%within the sector's middle half▼ 4.2pp-2.8%below the sector's middle half▼ 18.3pp6.4%within the sector's middle half▲ 9.2pp3.0%within the sector's middle half▼ 3.3pp8.4%within the sector's middle half▲ 5.4pp
Staff (FTE)0.8-1▲ 25.0%0.3below the sector's middle half▼ 70.0%0.4▲ 33.3%1▲ 150%2▲ 100%1.4▼ 30.0%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €356,763
Fixed assets €9,868 ▼ 30.3%
Current assets €346,895 ▲ 38.3%
Equity and liabilities €356,763
Equity €261,412 ▲ 13.0%
Debt €95,351 ▲ 184%
Debt's share of the balance-sheet total rises from 12.7% to 26.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€40,353▲
2024 · €15,173
Cash flow
€35,008▲
2024 · €18,181
Debt to equity
0.36▲
2024 · 0.15
ROE
11.5%▲
2024 · 3.5%
Interest coverage
32.01▲
2024 · 21.07
Debt ≤ 1 year
€95,351▲
2024 · €33,619
Income taxes
€12,496▲
2024 · €4,922
Staff costs
-€60▼
2024 · €41,641
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 31,373 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€264,971€356,763▲
Fixed assets21/28€14,151€9,868▼
Tangible fixed assets22/27€8,024€3,076▼
Land and buildings22€0-
Plant, machinery and equipment23€3,156€2,291▼
Furniture and vehicles24€4,868€785▼
Financial fixed assets28€6,127€6,793▲
Current assets29/58€250,821€346,895▲
Amounts receivable after more than one year29€75,000€75,000=
Other amounts receivable291€75,000€75,000=
Amounts receivable within one year40/41€130,637€237,670▲
Trade receivables40€34,579€136,187▲
Other amounts receivable41€96,058€101,483▲
Cash at bank and in hand54/58€18,853€10,697▼
Deferred charges and accrued income490/1€26,331€23,528▼
Equity and liabilities
Total equity and liabilities10/49€264,971€356,763▲
Equity10/15€231,352€261,412▲
Contributions10/11€6,200€6,200=
Reserves13€224,872€244,872▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€10,000€10,000=
Distributable reserves133€214,872€234,872▲
Profit (loss) carried forward14€280€10,341▲
Amounts payable17/49€33,619€95,351▲
Amounts payable within one year42/48€33,619€95,351▲
Trade debts44€16,436€70,620▲
Suppliers440/4€16,436€70,620▲
Taxes, remuneration and social security45€17,184€21,939▲
Taxes450/3€17,184€21,939▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0€2,792▲
Income statement Code20242025
Remuneration, social security and pensions62€41,641-€60▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,169€4,948▼
Other operating charges640/8€342€1,355▲
Gross operating margin9900€57,157€41,647▼
Operating profit (loss)9901€5,004€35,405▲
Financial income75/76B€8,650€8,412▼
Recurring financial income75€8,650€8,412▼
Financial charges65/66B€720€1,260▲
Recurring financial charges65€720€1,260▲
Profit (loss) for the period before taxes9903€12,934€42,557▲
Income taxes67/77€4,922€12,496▲
Profit (loss) for the period9904€8,012€30,060▲
Profit (loss) for the period to be appropriated9905€8,012€30,060▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,292€30,341▲
Profit (loss) brought forward from the previous period14P€280€280=
Transfer to equity691/2€8,012€20,000▲
To other reserves6921€8,012€20,000▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€11,884€39,510€82,641€41,641-€60-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,086€10,757€9,310€6,787€12,193€12,310€10,169€4,948▼ 51.3%
Other operating charges640/8---€1,968€944€484€342€1,355▲ 296%
Gross operating margin9900€81,779€101,219€107,972€94,722€46,411€114,378€57,157€41,647▼ 27.1%
Operating profit (loss)9901€29,277€43,545€70,832€74,082-€6,236€18,943€5,004€35,405▲ 608%
Financial income75/76B---€1,282€692€9,027€8,650€8,412▼ 2.7%
Recurring financial income75€2,292€2,362€879€1,282€692€9,027€8,650€8,412▼ 2.7%
Financial charges65/66B---€1,605€1,818€1,655€720€1,260▲ 75.0%
Recurring financial charges65€2,688€1,680€1,423€1,605€1,818€1,372€720€1,260▲ 75.0%
Non-recurring financial charges66B-----€283---
Profit (loss) for the period before taxes9903€28,881€44,227€70,288€73,759-€7,363€26,315€12,934€42,557▲ 229%
Income taxes67/77€7,584€13,675€20,472€22,067€120€8,507€4,922€12,496▲ 154%
Profit (loss) for the period9904€21,297€30,552€49,816€51,692-€7,482€17,808€8,012€30,060▲ 275%
Profit (loss) for the period to be appropriated9905€21,297€30,552€49,816€51,692-€7,482€17,808€8,012€30,060▲ 275%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€195,759€210,836€253,599€334,678€263,541€280,094€264,971€356,763▲ 34.6%
Fixed assets21/28€29,406€24,070€17,655€32,202€35,474€23,793€14,151€9,868▼ 30.3%
Intangible fixed assets21€321€161-------
Tangible fixed assets22/27€23,684€17,782€11,528€26,075€29,347€17,037€8,024€3,076▼ 61.7%
Land and buildings22---€3,531€2,207€883€0--
Plant, machinery and equipment23---€5,900€6,412€4,129€3,156€2,291▼ 27.4%
Furniture and vehicles24---€16,542€20,727€12,024€4,868€785▼ 83.9%
Other tangible fixed assets26---€102-----
Financial fixed assets28€5,401€6,127€6,127€6,127€6,127€6,756€6,127€6,793▲ 10.9%
Current assets29/58€166,353€186,766€235,944€302,477€228,067€256,302€250,821€346,895▲ 38.3%
Amounts receivable after more than one year29---€75,000€75,000€75,000€75,000€75,000=
Other amounts receivable291---€75,000€75,000€75,000€75,000€75,000=
Amounts receivable within one year40/41€81,672€107,806€111,048€162,385€141,369€149,842€130,637€237,670▲ 81.9%
Trade receivables40---€64,087€45,527€57,821€34,579€136,187▲ 294%
Other amounts receivable41---€98,298€95,842€92,021€96,058€101,483▲ 5.6%
Cash at bank and in hand54/58€8,571€2,660€46,724€60,565€3,489€21,022€18,853€10,697▼ 43.3%
Deferred charges and accrued income490/1---€4,527€8,209€10,438€26,331€23,528▼ 10.6%
Equity and liabilities
Total equity and liabilities10/49€195,759€210,836€253,599€334,678€263,541€280,094€264,971€356,763▲ 34.6%
Equity10/15€105,554€136,106€185,922€237,614€207,132€223,340€231,352€261,412▲ 13.0%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€94,860€128,860€177,860€228,860€205,860€216,860€224,872€244,872▲ 8.9%
Non-distributable reserves130/1---€1,860€1,860€1,860€0--
Reserves not available under the articles1311---€1,860€1,860€1,860€0--
Tax-exempt reserves132---€10,000€10,000€10,000€10,000€10,000=
Distributable reserves133---€217,000€194,000€205,000€214,872€234,872▲ 9.3%
Profit (loss) carried forward14€4,494€1,046€1,862€2,554-€4,928€280€280€10,341▲ 37×
Amounts payable17/49€90,206€74,730€67,677€97,064€56,409€56,754€33,619€95,351▲ 184%
Amounts payable after more than one year17€847--------
Amounts payable within one year42/48€89,340€74,730€67,677€96,564€56,409€56,754€33,619€95,351▲ 184%
Financial debts43----€453----
Credit institutions430/8----€453----
Trade debts44€57,297€41,986€33,154€51,802€23,602€36,245€16,436€70,620▲ 330%
Suppliers440/4---€51,802€23,602€36,245€16,436€70,620▲ 330%
Taxes, remuneration and social security45---€44,762€32,354€18,909€17,184€21,939▲ 27.7%
Taxes450/3---€42,843€27,099€9,212€17,184€21,939▲ 27.7%
Remuneration and social security454/9---€1,919€5,255€9,697€0--
Other amounts payable47/48-----€1,600€0€2,792-
Accrued charges and deferred income492/3---€500-----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€21,297€30,552€49,816€51,692-€7,482€17,808€8,012€30,060▲ 275%
+ Depreciation and write-downs630€15,086€10,757€9,310€6,787€12,193€12,310€10,169€4,948▼ 51.3%
Operating cash flow (approximation)€36,383€41,309€59,126€58,480€4,711€30,118€18,181€35,008▲ 92.6%
Investment in fixed assets (approximation)--€5,421-€2,894-€21,334-€15,465-€629-€527-€666▼ 26.3%
Change in cash--€5,911€44,064€13,841-€57,076€17,533-€2,169-€8,155▼ 276%

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

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 03-08-2026 2026-00386812
31-12-2024 micro format 07-08-2025 2025-00363570
31-12-2023 micro format 18-07-2024 2024-00257067
31-12-2022 micro format 03-07-2023 2023-00188233
31-12-2021 micro format 18-07-2022 2022-20194230
31-12-2020 micro format 09-07-2021 2021-33300573
31-12-2019 micro format 31-08-2020 2020-47800108
31-12-2018 micro format 29-08-2019 2019-54500576
31-12-2017 micro format 25-09-2018 2018-64400044
31-12-2016 micro format 30-08-2017 2017-54200017

Show all 18 filings

Similar companies · same sector, comparable size

Of the 4,213 active companies whose main activity is insulation installation (NACE 43230), figures are known for 1,256. 923 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €99 awarded · €99 paid
Year Entries AwardedPaid
2024 1 €0€99
2023 1 €99€0
Schemes
2 entries · €99 · €99 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.