Summary
DB HOLDING 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 €11.5m and a net result of €5.2m. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 49% of 6166 sector peers (fiscal year 2024). The company has been active since 1996 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
41 d early
2022
32 d early
2021
122 d early
2020
19 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 43 days before 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, abbreviated schema
In the rankings
#4 company by total assets in Dendermonde, Finance and insurance sector#4 company by equity in Dendermonde, Finance and insurance sector#7 oldest company in Dendermonde, Finance and insurance sector
Equity
€11.5m▼ 13.3%
2023 · €13.3m
Net result
€5.2m▲ 694%
2023 · €659,638
Total assets
€22.6m▲ 31.9%
2023 · €17.2m
Solvency
50.8%▼ 26.5pp
2023 · 77.3%
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 64, Financial service activities, except insurance and pension funding, 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€242,281▼ 1.8%€676,950▲ 179%€219,154▼ 67.6%€1.0m▲ 373%€1.8m▲ 77.0%
Net result€98,094within the sector's middle half▲ 187%€391,106above the sector's middle half▲ 299%€47,708within the sector's middle half▼ 87.8%€659,638above the sector's middle half▲ 1,283%€5.2mabove the sector's middle half▲ 694%
Equity€13.8mabove the sector's middle half▲ 0.7%€14.2mabove the sector's middle half▲ 2.8%€12.6mabove the sector's middle half▼ 10.9%€13.3mabove the sector's middle half▲ 5.2%€11.5mabove the sector's middle half▼ 13.3%
Total assets€17.8mabove the sector's middle half▲ 3.4%€18.1mabove the sector's middle half▲ 2.0%€17.0mabove the sector's middle half▼ 6.0%€17.2mabove the sector's middle half▲ 0.7%€22.6mabove the sector's middle half▲ 31.9%
Debt€949,028▲ 126%€955,804▲ 0.7%€1.4m▲ 51.4%€955,293▼ 34.0%€8.2m▲ 763%
Working capital-€15,335within the sector's middle half▲ 80.5%€337,589above the sector's middle half-€240,549below the sector's middle half-€126,440within the sector's middle half▲ 47.4%-€1.7mbelow the sector's middle half▼ 1,216%
Solvency77.4%above the sector's middle half▼ 2.1pp78.0%above the sector's middle half▲ 0.6pp74.0%within the sector's middle half▼ 4.0pp77.3%within the sector's middle half▲ 3.3pp50.8%within the sector's middle half▼ 26.5pp
Current ratio0.98within the sector's middle half▲ 0.171.35within the sector's middle half▲ 0.370.46within the sector's middle half▼ 0.890.72within the sector's middle half▲ 0.260.78within the sector's middle half▲ 0.06
Return on assets (ROA)0.6%within the sector's middle half▲ 0.4pp2.2%within the sector's middle half▲ 1.6pp0.3%below the sector's middle half▼ 1.9pp3.8%within the sector's middle half▲ 3.6pp23.1%above the sector's middle half▲ 19.3pp
Staff (FTE)2.8within the sector's middle half=2.8within the sector's middle half=2.8within the sector's middle half=2.8above the sector's middle half=2.8above the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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 per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 77% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22.6m
Fixed assets
€16.8m =
Current assets
€5.8m ▲ 1,667%
Equity and liabilities €22.6m
Equity
€11.5m ▼ 13.3%
Provisions
€2.9m ▼ 1.6%
Debt
€8.2m ▲ 763%
Debt's share of the balance-sheet total rises from 5.6% to 36.4%. Equity is lower and debt is higher.
Key figures and ratios
ROE
45.5%▲
2023 · 5.0%
Debt ≤ 1 year
€7.5m▲
2023 · €455,293
Debt > 1 year
€772,500▲
2023 · €500,000
Income taxes
€414,665▲
2023 · €221,098
Staff costs
€342,983▲
2023 · €332,728
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €304,930 | €332,728 | €342,983 | ▲ 3.1% |
| Other operating charges640/8 | - | - | €1,788 | €1,120 | €1,136 | ▲ 1.4% |
| Gross operating margin9900 | €515,509 | €970,629 | €525,872 | €1.4m | €2.2m | ▲ 59.0% |
| Operating profit (loss)9901 | €242,281 | €676,950 | €219,154 | €1.0m | €1.8m | ▲ 77.0% |
| Financial income75/76B | - | - | €1,671 | €2 | €4.0m | ▲ 237,961,929% |
| Recurring financial income75 | €540 | €1,325 | €1,671 | €2 | €4.0m | ▲ 237,961,929% |
| Financial charges65/66B | - | - | €155,967 | €155,257 | €179,228 | ▲ 15.4% |
| Recurring financial charges65 | €109,408 | €154,857 | €155,967 | €155,257 | €179,228 | ▲ 15.4% |
| Profit (loss) for the period before taxes9903 | €133,413 | €523,419 | €64,859 | €880,736 | €5.7m | ▲ 542% |
| Income taxes67/77 | €35,318 | €132,312 | €17,151 | €221,098 | €414,665 | ▲ 87.5% |
| Profit (loss) for the period9904 | €98,094 | €391,106 | €47,708 | €659,638 | €5.2m | ▲ 694% |
| Profit (loss) for the period to be appropriated9905 | €98,094 | €391,106 | €47,708 | €659,638 | €5.2m | ▲ 694% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.8m | €18.1m | €17.0m | €17.2m | €22.6m | ▲ 31.9% |
| Fixed assets21/28 | €16.8m | €16.8m | €16.8m | €16.8m | €16.8m | = |
| Financial fixed assets28 | €16.8m | €16.8m | €16.8m | €16.8m | €16.8m | = |
| Current assets29/58 | €933,693 | €1.3m | €206,718 | €328,853 | €5.8m | ▲ 1,667% |
| Amounts receivable within one year40/41 | €90,279 | €725,277 | €99,861 | €189,942 | €5.3m | ▲ 2,716% |
| Trade receivables40 | - | - | €30,000 | €130,583 | €1.3m | ▲ 893% |
| Other amounts receivable41 | - | - | €69,861 | €59,359 | €4.1m | ▲ 6,726% |
| Cash at bank and in hand54/58 | €792,813 | €517,374 | €55,899 | €87,769 | €406,146 | ▲ 363% |
| Deferred charges and accrued income490/1 | - | - | €50,959 | €51,143 | €54,659 | ▲ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.8m | €18.1m | €17.0m | €17.2m | €22.6m | ▲ 31.9% |
| Equity10/15 | €13.8m | €14.2m | €12.6m | €13.3m | €11.5m | ▼ 13.3% |
| Contributions10/11 | €11.4m | €11.4m | €10.1m | €10.1m | €4.6m | ▼ 54.3% |
| Capital10 | - | - | €10.1m | €10.1m | €4.6m | ▼ 54.3% |
| Issued capital100 | - | - | €10.1m | €10.1m | €4.6m | ▼ 54.3% |
| Outside capital11 | - | - | €789 | €789 | €789 | = |
| Share premium1100/10 | - | - | €789 | €789 | €789 | = |
| Reserves13 | €2.4m | €2.7m | €2.5m | €3.2m | €6.9m | ▲ 117% |
| Non-distributable reserves130/1 | - | - | €343,250 | €376,250 | €462,000 | ▲ 22.8% |
| Legal reserve130 | - | - | €343,250 | €376,250 | €462,000 | ▲ 22.8% |
| Distributable reserves133 | - | - | €2.2m | €2.8m | €6.4m | ▲ 129% |
| Profit (loss) carried forward14 | €3,860 | €4,966 | €426 | €1,064 | €3,036 | ▲ 185% |
| Provisions and deferred taxes16 | €3.1m | €3.0m | €3.0m | €2.9m | €2.9m | ▼ 1.6% |
| Provisions for liabilities and charges160/5 | - | - | €3.0m | €2.9m | €2.9m | ▼ 1.6% |
| Pensions and similar obligations160 | - | - | €64,700 | €64,700 | €64,700 | = |
| Other liabilities and charges164/5 | - | - | €2.9m | €2.9m | €2.8m | ▼ 1.7% |
| Amounts payable17/49 | €949,028 | €955,804 | €1.4m | €955,293 | €8.2m | ▲ 763% |
| Amounts payable after more than one year17 | - | - | €1.0m | €500,000 | €772,500 | ▲ 54.5% |
| Financial debts170/4 | - | - | €1.0m | €500,000 | €772,500 | ▲ 54.5% |
| Amounts payable within one year42/48 | €949,028 | €955,804 | €447,267 | €455,293 | €7.5m | ▲ 1,542% |
| Trade debts44 | €1,125 | €1,627 | €854 | €955 | €2,481 | ▲ 160% |
| Suppliers440/4 | - | - | €854 | €955 | €2,481 | ▲ 160% |
| Taxes, remuneration and social security45 | - | - | €59,737 | €66,438 | €539,858 | ▲ 713% |
| Taxes450/3 | - | - | €18,710 | €20,542 | €492,934 | ▲ 2,300% |
| Remuneration and social security454/9 | - | - | €41,027 | €45,896 | €46,924 | ▲ 2.2% |
| Other amounts payable47/48 | - | - | €386,676 | €387,900 | €6.9m | ▲ 1,687% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €98,094 | €391,106 | €47,708 | €659,638 | €5.2m | ▲ 694% |
| Operating cash flow (approximation) | €98,094 | €391,106 | €47,708 | €659,638 | €5.2m | ▲ 694% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€275,439 | -€461,476 | €31,870 | €318,377 | ▲ 899% |
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
2026
18-05
State Gazette act
Statutes amendmentIncorporation · Correction · Power of attorney6 facts ▸
State Gazette act
Statutes amendment
Incorporation · Correction · Power of attorney6 facts ▸
- General meeting, 21-04-2026
- Incorporation, 29-02-1996
- Correction, 16-01-2018
- Statutes amendment, 16
- Statutes amendment, 42
- Power of attorney, DE BRANDT Dirk François
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €5.2m ▲694%
Operating result €1.8m, net result €5.2m, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €34,191 ▼60.4%
Net result drops to €34,191, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1996
Ground area
833 m²
Building footprint
302 m²
Volume, LiDAR
2,171 m³
Parcel 42007B1138/00T000, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DB HOLDING
since 19962.076.012.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007B1138/00T000 | Flanders | 833 m² | 1 · 302 m² | 13.8 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.
Structure & network
Owners and holdings
3 holdings · 4 subsidiaries in the treeOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 3
-
99.98%
-
99.94%
-
99.93%
All subsidiaries, including indirect ones 4
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- Den Hof Baasrode 99.98%
- DE BRANDT EQUIPMENT 99.94%
According to the 2024 annual accounts of DB HOLDING and those 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 current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 9,870 EUR awarded · 9,870 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 4,935 EUR | 4,935 EUR |
| 2023 | 1 | 4,935 EUR | 4,935 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
8945004IA57YZGPMKQ09
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Company details
Identification
Legal formPublic limited company
Founded29-02-1996
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0457387167
Also
9925:BE0457387167
Registered
27-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.