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DB Fly

Active
Private limited companyfounded 20169 yrs activeTolstraat 10, 9550 Herzele, BelgiumKBO/BCE: BE 0668.416.112

DB Fly has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €153k and a net result of €105k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 67% of 1307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
93 / 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency99=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 2.77 in 2023), and 37.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-12-2025, 130 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
130 d late
2023
495 d late
2022
861 d late
2021
225 d late
2020
590 d late
2019
952 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€153k▲ 19.9%
2023 · €128k
2018: €29k 2019: €41k 2020: €69k 2021: €82k 2022: €106k 2023: €128k
2018 → 2024
Total assets
€246k▲ 22.9%
2023 · €200k
2018: €120k 2019: €164k 2020: €166k 2021: €148k 2022: €179k 2023: €200k
2018 → 2024
Net result
€105k▲ 46.0%
2023 · €72k
2018: €52k 2019: €62k 2020: €78k 2021: €74k 2022: €78k 2023: €72k
2018 → 2024
Working capital
€153k▲ 19.9%
2023 · €128k
2018: €21k 2019: €34k 2020: €64k 2021: €82k 2022: €106k 2023: €128k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€69k-€82k▲ 19.0%€106k▲ 28.9%€128k▲ 21.0%€153k▲ 19.9%
Operating result€88k-€102k▲ 16.0%€107k▲ 4.5%€108k▲ 1.4%€136k▲ 25.1%
Net result€78k-€74k▼ 4.4%€78k▲ 4.5%€72k▼ 6.9%€105k▲ 46.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2020: €88k€88kNet result 2020: €78k€78kOperating result 2021: €102k€102kNet result 2021: €74k€74kOperating result 2022: €107k€107kNet result 2022: €78k€78kOperating result 2023: €108k€108kNet result 2023: €72k€72kOperating result 2024: €136k€136kNet result 2024: €105k€105k20202021202220232024
The operating result has risen four years in a row; 2024 is 25% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €246k
Fixed assets €25=
Current assets €246k▲ 22.9%
Equity and liabilities €246k
Equity €153k▲ 19.9%
Debt €93k▲ 28.2%
The debt ratio rises from 36.1% to 37.6%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
Solvency
62.4%
2023 · 63.9%
Current ratio
2.66
2023 · 2.77
Quick ratio
2.66
2023 · 2.77
Debt / equity
0.60
2023 · 0.56
ROE
68.8%
2023 · 56.4%
ROA
42.9%
2023 · 36.1%
Debt
€93k
2023 · €72k
Debt ≤ 1 year
€93k
2023 · €72k
Income taxes
€30k
2023 · €36k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€200k€246k
Fixed assets21/28€25€25=
Financial fixed assets28€25€25=
Current assets29/58€200k€246k
Amounts receivable within one year40/41-€26k
Trade receivables40-€26k
Other amounts receivable41-€694
Cash at bank and in hand54/58€200k€219k
Equity and liabilities
Total equity and liabilities10/49€200k€246k
Equity10/15€128k€153k
Contributions10/11€19k€19k=
Reserves13€42k€52k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€40k€50k
Profit (loss) carried forward14€67k€83k
Amounts payable17/49€72k€93k
Amounts payable within one year42/48€72k€93k
Trade debts44€155€146
Suppliers440/4€155€146
Taxes, remuneration and social security45€30k€24k
Taxes450/3€29k€24k
Remuneration and social security454/9€263-
Other amounts payable47/48€43k€68k
Income statement Code20232024
Other operating charges640/8€917€1k
Gross operating margin9900€109k€137k
Operating profit (loss)9901€108k€136k
Financial charges65/66B€185€270
Recurring financial charges65€185€270
Non-recurring financial charges66B€185€270
Profit (loss) for the period before taxes9903€108k€135k
Income taxes67/77€36k€30k
Profit (loss) for the period9904€72k€105k
Profit (loss) for the period to be appropriated9905€72k€105k
Appropriation of the result
Profit (loss) to be appropriated9906€137k€173k
Profit (loss) brought forward from the previous period14P€65k€67k
Transfer to equity691/2€20k€10k
To other reserves6921€20k€10k
Profit to be distributed694/7€50k€80k
Return on contributions (dividend)694€50k€80k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
08-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 130 days late
08-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 495 days late
08-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 861 days late
2024
31-12
Financial Highest result since 2018net €105k ▲46%
Operating result €136k, net result €105k, both a record.
31-12
Financial Equity above €150kEq €153k ▲19.9%
7 profitable years in a row build equity to €153k.
2023
13-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 225 days late
13-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 590 days late
10-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 952 days late
10-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 1318 days late
2022
31-12
Financial Equity above €100kEq €106k ▲28.9%
5 profitable years in a row build equity to €106k.
2018
30-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2022
Dirk BARBAIX
Director · since 25-07-2022
Current
25-07-2022 Appointed as Director
Location & real-estate footprint
Registered office, Herzele · 1 establishment unit since 2017
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Tolstraat 109550 Herzele
Ground area
286 m²
Building footprint
201 m²
Volume, LiDAR
1,510 m³
Parcel 41067A0147/00K000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DB Fly
Tolstraat 10, 9550 HerzeleAir transport
since 20172.260.479.486
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41067A0147/00K000
ProtectedTownscape or village viewDorpskom Steenhuize-WijnhuizeSource ↗
Flanders 286 m² 1 · 201 m² 12.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 527 companies in sector 52230 we hold annual accounts for 278. 207 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-12-2016
Fiscal year end31-12
Activities, NACEBEL
52230Warehousing and support activities for transportation
51100Air transport
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.