DB LANDSCAPE
ActiveSummary
The computed 12-month bankruptcy probability of DB LANDSCAPE is 2.7% (moderate). The 2024 annual accounts show equity of €115k and a net result of €-22k. Equity is growing by ~9.2% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability20▲+20
Solvency31▼-36
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.1; short-term debt: 73.5% and cash: 10% of total assets), and 93.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.1%
Return on assets
-1.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-22k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-09-2025, 39 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
39 d late
2023
35 d early
2022
34 d early
2021
31 d early
2020
26 d late
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€115k▼ 58.2%
2023 · €276k
2018: €165k
2019: €208k▲ +25.9% vs 2018
2020: €216k▲ +3.9% vs 2019
2021: €336k▲ +55.4% vs 2020
2022: €387k▲ +14.9% vs 2021highest in 7 years
2023: €276k▼ -28.6% vs 2022
2024: €115k▼ -58.2% vs 2023lowest in 7 years
2018 → 2024
Total assets
€1.89M▲ 184%
2023 · €665k
2018: €167klowest in 7 years
2019: €1.15M▲ +590% vs 2018
2020: €1.19M▲ +3.2% vs 2019
2021: €579k▼ -51.3% vs 2020
2022: €434k▼ -25.1% vs 2021
2023: €665k▲ +53.2% vs 2022
2024: €1.89M▲ +184% vs 2023highest in 7 years
2018 → 2024
Net result
€-22k▲ 80.4%
2023 · €-110k
2018: €91k
2019: €43k▼ -53.1% vs 2018
2020: €8k▼ -80.9% vs 2019
2021: €120k▲ +1369% vs 2020highest in 7 years
2022: €50k▼ -58.2% vs 2021
2023: €-110k▼ -320% vs 2022lowest in 7 years
2024: €-22k▲ +80.4% vs 2023
2018 → 2024
Working capital
€136k▼ 52.6%
2023 · €286k
2018: €166k
2019: €1.13M▲ +584% vs 2018
2020: €1.15M▲ +1.2% vs 2019highest in 7 years
2021: €340k▼ -70.4% vs 2020
2022: €385k▲ +13.3% vs 2021
2023: €286k▼ -25.6% vs 2022
2024: €136k▼ -52.6% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€216k-€336k▲ 55.4%€387k▲ 14.9%€276k▼ 28.6%€115k▼ 58.2%
2020: €216k
2021: €336k▲ +55.4% vs 2020
2022: €387k▲ +14.9% vs 2021highest in 5 years
2023: €276k▼ -28.6% vs 2022
2024: €115k▼ -58.2% vs 2023lowest in 5 years
Operating result€25k-€183k▲ 622%€77k▼ 57.8%€-102k€-6k▲ 94.1%
2020: €25k
2021: €183k▲ +622% vs 2020highest in 5 years
2022: €77k▼ -57.8% vs 2021
2023: €-102k▼ -233% vs 2022lowest in 5 years
2024: €-6k▲ +94.1% vs 2023
Net result€8k-€120k▲ 1,369%€50k▼ 58.2%€-110k€-22k▲ 80.4%
2020: €8k
2021: €120k▲ +1369% vs 2020highest in 5 years
2022: €50k▼ -58.2% vs 2021
2023: €-110k▼ -320% vs 2022lowest in 5 years
2024: €-22k▲ +80.4% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €102k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.89M
Fixed assets
€364k ▼ 3.0%
Current assets
€1.52M ▲ 427%
Equity and liabilities €1.89M
Equity
€115k ▼ 58.2%
Debt
€1.77M ▲ 356%
Debt's share of the balance-sheet total rises from 58.5% to 93.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▲
2023 · €-42k
Cash flow
€-10k▲
2023 · €-51k
Current ratio
1.10
Quick ratio
0.14
Debt to equity
15.37▲
2023 · 1.41
ROE
-18.7%▲
2023 · -40.0%
ROA
-1.1%▲
2023 · -16.6%
Interest coverage
0.35▲
2023 · -5.56
Debt ≤ 1 year
€1.39M▲
2023 · €2k
Debt > 1 year
€385k=
2023 · €385k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€665k€1.89M▲
Fixed assets21/28€376k€364k▼
Tangible fixed assets22/27€376k€364k▼
Land and buildings22€375k€364k▼
Furniture and vehicles24€1k-
Current assets29/58€289k€1.52M▲
Stocks and contracts in progress3-€1.33M
Stocks30/36-€1.33M
Cash at bank and in hand54/58€289k€189k▼
Equity and liabilities
Total equity and liabilities10/49€665k€1.89M▲
Equity10/15€276k€115k▼
Contributions10/11€20k€20k=
Reserves13€361k€222k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€359k€220k▼
Profit (loss) carried forward14€-105k€-126k▼
Amounts payable17/49€389k€1.77M▲
Amounts payable after more than one year17€385k€385k=
Financial debts170/4€385k€385k=
Amounts payable within one year42/48€2k€1.39M▲
Current portion of amounts payable after more than one year42-€1.26M
Trade debts44€2k€166▼
Suppliers440/4€2k€166▼
Other amounts payable47/48-€132k
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€11k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€-41k€8k▲
Operating profit (loss)9901€-102k€-6k▲
Financial charges65/66B€8k€16k▲
Recurring financial charges65€8k€16k▲
Profit (loss) for the period before taxes9903€-110k€-22k▲
Income taxes67/77€611-
Profit (loss) for the period9904€-110k€-22k▲
Profit (loss) for the period to be appropriated9905€-110k€-22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-105k€-126k▼
Profit (loss) brought forward from the previous period14P€6k€-105k▼
Transfer from equity791/2-€139k
Profit to be distributed694/7-€139k
Return on contributions (dividend)694-€139k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | €60k | €11k | ▼ 80.8% |
| Other operating charges640/8 | - | €7k | €2k | €1k | €3k | ▲ 134% |
| Gross operating margin9900 | €31k | €189k | €80k | €-41k | €8k | ▲ 120% |
| Operating profit (loss)9901 | €25k | €183k | €77k | €-102k | €-6k | ▲ 94.1% |
| Financial charges65/66B | - | €6k | €3k | €8k | €16k | ▲ 104% |
| Recurring financial charges65 | €14k | €6k | €3k | €8k | €16k | ▲ 104% |
| Profit (loss) for the period before taxes9903 | €11k | €177k | €74k | €-110k | €-22k | ▲ 80.3% |
| Income taxes67/77 | €3k | €57k | €24k | €611 | - | - |
| Profit (loss) for the period9904 | €8k | €120k | €50k | €-110k | €-22k | ▲ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €8k | €120k | €50k | €-110k | €-22k | ▲ 80.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.19M | €579k | €434k | €665k | €1.89M | ▲ 184% |
| Fixed assets21/28 | - | - | €2k | €376k | €364k | ▼ 3.0% |
| Tangible fixed assets22/27 | - | - | €2k | €376k | €364k | ▼ 3.0% |
| Land and buildings22 | - | - | - | €375k | €364k | ▼ 2.7% |
| Furniture and vehicles24 | - | - | €2k | €1k | - | - |
| Current assets29/58 | €1.19M | €579k | €432k | €289k | €1.52M | ▲ 427% |
| Stocks and contracts in progress3 | €1.10M | €544k | - | - | €1.33M | - |
| Stocks30/36 | - | €544k | - | - | €1.33M | - |
| Amounts receivable within one year40/41 | - | - | €988 | - | - | - |
| Other amounts receivable41 | - | - | €988 | - | - | - |
| Cash at bank and in hand54/58 | €86k | €35k | €431k | €289k | €189k | ▼ 34.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.19M | €579k | €434k | €665k | €1.89M | ▲ 184% |
| Equity10/15 | €216k | €336k | €387k | €276k | €115k | ▼ 58.2% |
| Contributions10/11 | - | €20k | €20k | €20k | €20k | = |
| Reserves13 | €192k | €312k | €361k | €361k | €222k | ▼ 38.6% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €310k | €359k | €359k | €220k | ▼ 38.8% |
| Profit (loss) carried forward14 | €5k | €5k | €6k | €-105k | €-126k | ▼ 20.6% |
| Amounts payable17/49 | €972k | €243k | €47k | €389k | €1.77M | ▲ 356% |
| Amounts payable after more than one year17 | €925k | €1k | - | €385k | €385k | = |
| Financial debts170/4 | - | - | - | €385k | €385k | = |
| Other amounts payable178/9 | - | €1k | - | - | - | - |
| Amounts payable within one year42/48 | €40k | €239k | €47k | €2k | €1.39M | ▲ 55,870% |
| Current portion of amounts payable after more than one year42 | - | €173k | - | - | €1.26M | - |
| Trade debts44 | €20k | €50k | €29k | €2k | €166 | ▼ 93.3% |
| Suppliers440/4 | - | €50k | €29k | €2k | €166 | ▼ 93.3% |
| Taxes, remuneration and social security45 | - | €17k | €17k | - | - | - |
| Taxes450/3 | - | €17k | €17k | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €132k | - |
| Accrued charges and deferred income492/3 | - | €2k | €868 | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €120k | €50k | €-110k | €-22k | ▲ 80.4% |
| + Depreciation and write-downs630 | - | - | €1k | €60k | €11k | ▼ 80.8% |
| Operating cash flow (approximation) | €8k | €120k | €51k | €-51k | €-10k | ▲ 80.0% |
| Investment in fixed assets (approximation) | - | - | - | €-433k | €0 | ▲ 100% |
| Change in cash | - | €-51k | €395k | €-142k | €-100k | ▲ 29.2% |
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
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-110k
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 13current ratio 116.54
Current ratio from 9.27 to 116.54; short-term debt falls from €47k to €2k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 9.27
Current ratio from 2.42 to 9.27; short-term debt falls from €239k to €47k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €120k ▲1,369%
Operating result €183k, net result €120k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €208k ▲25.9%
2 profitable years in a row build equity to €208k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2016
Ground area
4,310 m²
Building footprint
692 m²
Volume, LiDAR
12,598 m³
Parcel 21013B0040/00C021, Brussels · tallest building 28.8 m, ±8 floors. Linked by address, not a title deed.
104
companies at this address
See who is registered here
1 establishment unit
DB LANDSCAPE
since 20162.253.046.912
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0040/00C021 | Brussels | 4,310 m² | 1 · 692 m² | 28.8 m · 8 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-04-2016
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.