Equity
€445,303 ▲ 1.5%
DB Diving has made a profit without a break since 2022.
DB Diving
Lifetime
8 annual accounts with figures on one time axispeak €364,913 (2024)
€61,379▼ 83.2%
lowest -€44,035 (2021)
€6,613▼ 96.9%
peak €445,303 (2025)
€445,303▲ 1.5%
€158,520▼ 0.4%
peak 3.3 FTE (2019)
-not published
Board3 names since 2022
2 directorsDehing Bart and 1 other
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €364,913 to €61,379Result from €213,002 to €6,613Cash from €78,225 to €2,278
Key points
from the 2025 annual accountsResult
€6,613 ▼ 96.9%
The result fell in 2025 from €213,002 to €6,613.
Turnover
≈ €180,000 estimated
The micro format states no turnover.
Filings
8 annual accounts 7 late
The 2018 accounts came latest: 904 days after the end of the period.
Board
1 left
A director left. Latest change 30-06-2026 · 1 in office.
Position in the sector
€445,303
More equity than 90% of companies in warehousing and transport support. Sector median €53,980 · 1,191 companies.
Checked score
54
Fair
Financially stronger than 43% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.5%highest value
01-2025: 3.5%● unchanged vs 12-2024highest value
02-2025: 3.5%● unchanged vs 01-2025highest value
03-2025: 3.5%● unchanged vs 02-2025highest value
04-2025: 3.5%● unchanged vs 03-2025
05-2025: 3.3%▼ -0.2 percentage points vs 04-2025
06-2025: 3.2%▼ -0.1 percentage points vs 05-2025
07-2025: 3.0%▼ -0.2 percentage points vs 06-2025
08-2025: 3.3%▲ +0.3 percentage points vs 07-2025
09-2025: 3.3%● unchanged vs 08-2025
10-2025: 1.0%▼ -2.3 percentage points vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 0.9%▼ -0.1 percentage points vs 12-2025
02-2026: 0.8%▼ -0.1 percentage points vs 01-2026
03-2026: 0.9%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.8%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.3 percentage points vs 07-2026
09-2026: 1.5%▲ +0.3 percentage points vs 08-2026
10-2026: 1.9%▲ +0.4 percentage points vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 59 days late; 3 of the last 3 accounts late
Sector: Warehousing and support activities for transportation (NACE 52)
Liquidity: current ratio 3.67, cash €2,278, halved
lowers risk
Equity €445,303 (73.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro). It does better than 78% of them on solvency, 34% on liquidity, 19% on profitability and 41% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as DB Diving has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
That fits the bankruptcy probability of DB Diving itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for DB Diving. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.67 (3.58 in 2024), above the usual 1.5. Short-term debt is 25.9% and cash 0.4% of total assets. 26.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filingsDeviation from the deadline
2025
59 days late
2024
58 days late
2023
31 days late
2022
11 days early
2021
212 days late
2020
173 days late
2019
538 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 151 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: Eva Vanhalst (director)
General meeting of 29-06-2026 · Gazette deed
Reappointments: Dehing Bart (director) and Eva Vanhalst (director)
Director discharge: Dehing Bart · Director discharge: Eva Vanhalst · General meeting of 22-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0685776241
2 directors appointed, 1 resignation
Resignation: BV DB Welding (director) · Permanent representative: Bart Dehing · Appointments: Bart Dehing (director) and Eva Vanhalst (director) · General meeting of 10-05-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DB Diving Geraardsbergen | €603,823 | €61,379 | 73.7% | - |
| Goudzee Kortrijk | €430,991 | €112,114 | 4.0% | - |
| WODE WORLD Profondeville | €950,638 | €124,808 | 25.8% | - |
| ADAM SERVICES Etterbeek | €270,994 | €63,777 | 65.4% | - |
| GLENN DULLAERT Beveren-Kruibeke-Zwijndrecht | €510,172 | €125,395 | 45.0% | - |
| LOGIRENT Lebbeke | €371,938 | €183,156 | 11.6% | - |
| SHUTTLE BRIDGE LOGISTICS Grâce-Hollogne | €479,233 | €165,077 | 8.8% | - |
These companies have the same main activity as DB Diving: warehousing and support activities for transportation (NACE 52249). They are comparable in size and age: total assets between €271,000 and €951,000, founded between 2012 and 2020.
Official details
Source: KBO- Status
- Active since 08-12-2017Normal situation
- Activity
- Warehousing and support activities for transportationNACE 52249and 1 other
- Establishment unit
- 2.271.390.8979506 Geraardsbergen, since 08-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2023
Insights on DB Diving
DB Diving files the micro format. That format states no turnover. The gross margin rose from €20,232 in 2018 to €61,379 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DB Diving
- What is the company number of DB Diving?
- The company number of DB Diving is 0685.776.241. The VAT number is the same number with BE in front: BE 0685.776.241.
- Where is DB Diving based?
- The registered office is at Edingseweg 166, 9500 Geraardsbergen.Company details
- What does DB Diving do?
- According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52249).
- What is the legal form of DB Diving?
- DB Diving is a private limited company (BV).
- When was DB Diving founded?
- DB Diving was founded on 08-12-2017.
- Is DB Diving still active?
- Yes, DB Diving is an active enterprise in the KBO register.
- How many employees does DB Diving have?
- DB Diving had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DB Diving?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €61,379 and 2,667 comparable companies of the same size. It probably lies between €120,000 and €320,000. It is a rough estimate.
- Is DB Diving profitable?
- In financial year 2025, DB Diving made a profit of €6,613.
- Where can I find the annual accounts of DB Diving?
- DB Diving filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DB Diving due?
- DB Diving must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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