DB-INVEST
ActiveDB-INVEST has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.34M and a net result of €38k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32
Solvency44▼-56
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days only on tighter terms
Liquidity tight (current ratio 1.39; short-term debt: 57.8% and cash: 1.2% of total assets), and 81.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.5%
Return on assets
0.5%
Age of the figures
21 mo
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 31-10-2025, 92 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 · 10 filingsDeviation from the deadline
2024
92 d late
2024
31 d early
2023
79 d late
2022
86 d late
2021
8 d late
2021
64 d late
2020
43 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.34M▲ 1,221%
2024 · €101k
2019: €613k
2020: €828k
2021: €1.12M
2021: €1.28M
2022: €1.29M
2023: €1.50M
2024: €101k
2019 → 2024
Total assets
€7.23M▲ 6,874%
2024 · €104k
2019: €2.90M
2020: €4.24M
2021: €4.58M
2021: €7.08M
2022: €6.87M
2023: €6.68M
2024: €104k
2019 → 2024
Net result
€38k▼ 82.3%
2023 · €212k
2019: €305k
2020: €215k
2021: €294k
2021: €163k
2022: €1k
2023: €212k
2019 → 2024
Working capital
€1.65M▲ 1,525%
2024 · €101k
2019: €728k
2020: €923k
2021: €1.15M
2021: €600k
2022: €558k
2023: €1.98M
2024: €101k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242024Trend
Equity€1.28M-€1.29M▲ 0.1%€1.50M▲ 16.5%€101k▼ 93.2%€1.34M▲ 1,221%
Operating result€329k-€207k▼ 37.2%€688k▲ 233%€397k
Net result€163k-€1k▼ 99.2%€212k▲ 15,972%€38k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2024 as the grey bar beneath
Assets €7.23M
Fixed assets
€1.40M
Current assets
€5.82M
Equity and liabilities €7.23M
Equity
€1.34M▲ 1,221%
Provisions
€162k
Debt
€5.73M▲ 249,892%
The debt ratio rises from 2.2% to 79.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€563k
Cash flow
€203k
Solvency
18.5%▼
2024 · 97.8%
Current ratio
1.39▼
2024 · 45.24
Quick ratio
0.63▼
2024 · 45.24
Debt / equity
4.28▲
2024 · 0.02
ROE
2.8%
ROA
0.5%
Interest coverage
1.56
Debt
€5.73M▲
2024 · €2k
Debt ≤ 1 year
€4.18M▲
2024 · €2k
Debt > 1 year
€1.55M
Income taxes
€-2k
Staff costs
€95k
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 2024
Balance sheet
Code20242024
Assets
Total assets20/58€104k€7.23M▲
Fixed assets21/28-€1.40M
Tangible fixed assets22/27-€1.38M
Land and buildings22-€892k
Plant, machinery and equipment23-€80k
Furniture and vehicles24-€209k
Leasing and similar rights25-€203k
Financial fixed assets28-€19k
Current assets29/58€104k€5.82M▲
Stocks and contracts in progress3-€3.19M
Stocks30/36-€3.19M
Amounts receivable within one year40/41€99k€2.54M▲
Trade receivables40-€267k
Other amounts receivable41€99k€2.27M▲
Cash at bank and in hand54/58€667€84k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€104k€7.23M▲
Equity10/15€101k€1.34M▲
Contributions10/11€6k€20k▲
Reserves13€94k€1.32M▲
Distributable reserves133€94k€1.32M▲
Profit (loss) carried forward14€623-
Provisions and deferred taxes16-€162k
Provisions for liabilities and charges160/5-€162k
Pensions and similar obligations160-€162k
Amounts payable17/49€2k€5.73M▲
Amounts payable after more than one year17-€1.55M
Financial debts170/4-€1.55M
Amounts payable within one year42/48€2k€4.18M▲
Current portion of amounts payable after more than one year42-€153k
Financial debts43-€3.55M
Credit institutions430/8-€3.55M
Trade debts44€500€160k▲
Suppliers440/4€500€160k▲
Taxes, remuneration and social security45-€41k
Taxes450/3-€29k
Remuneration and social security454/9-€13k
Other amounts payable47/48€2k€270k▲
Income statement
Code20242024
Non-recurring operating income76A-€66k
Remuneration, social security and pensions62-€95k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€166k
Other operating charges640/8-€30k
Gross operating margin9900-€688k
Operating profit (loss)9901-€397k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€361k
Recurring financial charges65-€361k
Profit (loss) for the period before taxes9903-€36k
Income taxes67/77-€-2k
Profit (loss) for the period9904-€38k
Profit (loss) for the period to be appropriated9905-€38k
Appropriation of the result
Profit (loss) to be appropriated9906€623€-158k▼
Profit (loss) brought forward from the previous period14P€623€-196k▼
Transfer from equity791/2-€158k
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.34M ▲1221%
Equity rises from €101k to €1.34M.
12-12
Financial
Liquidity times 29current ratio 45.24
Current ratio from 1.56 to 45.24; short-term debt falls from €3.51M to €2k.
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 79 days late
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 86 days late
2022
31-12
Financial
Weakest financial yearnet €1k ▼99.2%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 8 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 64 days late
31-01
Financial
Equity above €1MEq €1.12M ▲35.5%
3 profitable years in a row build equity to €1.12M.
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 43 days late
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 47 days late
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 48 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kaprijke · 1 establishment unit since 1999
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.
Eeklostraat 119971 KaprijkeGround area
841 m²
Building footprint
178 m²
Volume, LiDAR
822 m³
Parcel 43009B0834/00B000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Eeklostraat 11, 9971 Kaprijke
since 19992.090.032.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43009B0834/00B000 | Flanders | 840 m² | 1 · 178 m² | 6.9 m · 2 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.
Similar companies · same sector, comparable size
MTM Invest
BE 0652.747.048
Beveren-Kruibeke-Zwijndrecht · Eq €1.34M
DEVELIM
BE 0733.964.554
Sint-Lambrechts-Woluwe · Eq €1.34M
MANIQUE
BE 0448.381.411
Herentals · Eq €1.34M
Actibis
BE 0845.412.705
Lubbeek · Eq €1.33M
OBSESSION T & R
BE 0478.139.229
Maasmechelen · Eq €1.34M
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 3,554 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-1998
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.