DB.S
ActiveSummary
The computed 12-month bankruptcy probability of DB.S is 3.3% (moderate). The annual accounts of DB.S for fiscal year 2025 show a net loss of 143% of total assets and of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €55k and a net result of €-165k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 58% of 868 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency72▼-21
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.73 against 2.85 in 2024; short-term debt: 52.5% and cash: 0.4% of total assets), but 52.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
47.5%
Return on assets
-142.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
58 d early
2024
76 d early
2023
68 d early
2022
54 d early
2021
69 d early
2020
71 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-165k
2024 · €176k
Working capital
€45k▼ 77.1%
2024 · €195k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17k▲ 214%€3k▼ 85.0%€4k▲ 77.3%€176k▲ 3,841%€-163k
Net result€15k▲ 685%€2k▼ 86.0%€-2k€176k€-165k
Equity€44k▲ 94.2%€46k▲ 4.8%€44k▼ 4.6%€220k▲ 397%€55k▼ 75.1%
Total assets€248k▲ 90.2%€275k▲ 11.0%€272k▼ 1.0%€325k▲ 19.5%€116k▼ 64.5%
Debt€204k▲ 89.3%€229k▲ 12.3%€228k▼ 0.2%€105k▼ 53.8%€61k▼ 42.4%
Working capital€17k▲ 5,304%€36k▲ 113%€34k▼ 5.9%€195k▲ 473%€45k▼ 77.1%
Staff (FTE)24▲ 100%4=4=1▼ 75.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €163k after €176k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€10k ▼ 59.4%
Current assets
€105k ▼ 64.9%
Equity and liabilities €116k
Equity
€55k ▼ 75.1%
Debt
€61k ▼ 42.4%
Debt's share of the balance-sheet total rises from 32.4% to 52.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.73▼
2024 · 2.85
Debt to equity
1.11▲
2024 · 0.48
ROE
-301.1%▼
2024 · 79.9%
ROA
-142.9%▼
2024 · 54.0%
Debt ≤ 1 year
€61k▼
2024 · €105k
Income taxes
€1k
Staff costs
€52k▼
2024 · €143k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €69k | €169k | €275k | €143k | €52k | ▼ 63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €11k | - | - | - | - |
| Other operating charges640/8 | €2k | €646 | €440 | €1k | €4k | ▲ 183% |
| Non-recurring operating charges66A | - | €6k | - | - | €84k | - |
| Gross operating margin9900 | €100k | €190k | €280k | €321k | €-23k | ▼ 107% |
| Operating profit (loss)9901 | €17k | €3k | €4k | €176k | €-163k | ▼ 193% |
| Financial income75/76B | - | - | - | €84 | - | - |
| Recurring financial income75 | - | - | - | €84 | - | - |
| Financial charges65/66B | €221 | €386 | €168 | €641 | €718 | ▲ 12.0% |
| Recurring financial charges65 | €221 | €386 | €168 | €641 | €718 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €17k | €2k | €4k | €176k | €-164k | ▼ 193% |
| Income taxes67/77 | €1k | - | €6k | - | €1k | - |
| Profit (loss) for the period9904 | €15k | €2k | €-2k | €176k | €-165k | ▼ 194% |
| Profit (loss) for the period to be appropriated9905 | €15k | €2k | €-2k | €176k | €-165k | ▼ 194% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €248k | €275k | €272k | €325k | €116k | ▼ 64.5% |
| Fixed assets21/28 | €27k | €10k | €10k | €25k | €10k | ▼ 59.4% |
| Tangible fixed assets22/27 | €17k | - | - | - | - | - |
| Furniture and vehicles24 | €17k | - | - | - | - | - |
| Financial fixed assets28 | €10k | €10k | €10k | €25k | €10k | ▼ 59.4% |
| Current assets29/58 | €221k | €265k | €262k | €300k | €105k | ▼ 64.9% |
| Amounts receivable within one year40/41 | €211k | €257k | €256k | €299k | €105k | ▼ 64.9% |
| Trade receivables40 | €211k | €257k | €256k | €299k | €105k | ▼ 64.9% |
| Cash at bank and in hand54/58 | €9k | €8k | €6k | €2k | €519 | ▼ 68.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €248k | €275k | €272k | €325k | €116k | ▼ 64.5% |
| Equity10/15 | €44k | €46k | €44k | €220k | €55k | ▼ 75.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €24k | €26k | €24k | €200k | €34k | ▼ 82.8% |
| Amounts payable17/49 | €204k | €229k | €228k | €105k | €61k | ▼ 42.4% |
| Amounts payable within one year42/48 | €204k | €229k | €228k | €105k | €61k | ▼ 42.4% |
| Trade debts44 | €187k | €125k | €149k | €33k | €39k | ▲ 18.6% |
| Suppliers440/4 | €187k | €125k | €149k | €33k | €39k | ▲ 18.6% |
| Taxes, remuneration and social security45 | €16k | €78k | €54k | €60k | €19k | ▼ 68.3% |
| Taxes450/3 | €1k | €63k | €32k | €50k | €16k | ▼ 68.0% |
| Remuneration and social security454/9 | €15k | €16k | €22k | €10k | €3k | ▼ 70.0% |
| Other amounts payable47/48 | - | €25k | €25k | €12k | €2k | ▼ 80.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €2k | €-2k | €176k | €-165k | ▼ 194% |
| + Depreciation and write-downs630 | €12k | €11k | - | - | - | - |
| Operating cash flow (approximation) | €28k | €13k | €-2k | €176k | €-165k | ▼ 194% |
| Investment in fixed assets (approximation) | - | €6k | €0 | €-15k | €15k | ▲ 200% |
| Change in cash | - | €-1k | €-2k | €-4k | €-1k | ▲ 75.1% |
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
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-165k
Net result drops to €-165k, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €176k
Net result €176k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.85
Current ratio from 1.15 to 2.85; short-term debt falls from €228k to €105k.
31-12
Financial
Equity above €200kEq €220k ▲397%
Equity rises from €44k to €220k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Etterbeek · 1 establishment unit since 2017
Ground area
137 m²
Building footprint
120 m²
Volume, LiDAR
1,372 m³
Parcel 21364B0134/00A007, Brussels · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
DB.S
since 20172.274.517.366
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0134/00A007 | Brussels | 137 m² | 1 · 120 m² | 17.3 m · 4 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.
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Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 6,046 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.