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DB.S

Active Private limited companyfounded 2017active for 9 yearsKolonel Van Gelestraat 117, 1040 EtterbeekKBO/BCE: BE 0684.549.487

Lifetime

8 annual accounts with figures on one time axis
peak €320,825 (2024)
-€23,337▼ €344,162
lowest -€165,190 (2025)
-€165,190▼ €340,970
peak €220,057 (2024)
€54,867▼ 75.1%
€60,745▼ 42.4%
peak 4 FTE (2022)
1 FTE▼ 75.0%
Board4 names since 2018
2 directorsGARCIA ALVAREZ Ayssa and 1 other
Documentsfilings and deeds
03-06-202658 days before the deadline
2025financial year
Gross margin from €320,825 to -€23,337Loss of €165,190Staff from 4 FTE to 1 FTERegistered office moved from Evere to Etterbeek 01-10Resignation: Garcia Alvarez Bernard Ayssa (director) 05-03Equity from €220,057 to €54,867

Key points

from the 2025 annual accounts

Equity

€54,867 from €220,057 in 2024

Equity fell by 75% in 1 year.

Result

-€165,190 -€165,190
€176,0002024-€165,0002025

From profit to loss in 2025, after a profit of €175,780 in 2024.

Staff

1 employees on 31-12-2025
202021202022032025

In 2025, nobody joined and 3 people left.

Liquidity

1.73 was 2.85 in 2024

Short-term debts fell from €105,413 to €60,745.

Filings

8 annual accounts since 2018
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 54 to 76 days before the end of the period.

Position in the sector

-€165,190

Lower net result than 90% of companies in land transport. Sector median €48,771 · 1,083 companies.

Checked score

48
Fair
Financially stronger than 24% of micro companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.5% 01-2025: 4.5%● unchanged vs 12-2024 02-2025: 4.5%● unchanged vs 01-2025 03-2025: 4.5%● unchanged vs 02-2025 04-2025: 5.0%▲ +0.5 percentage points vs 03-2025 05-2025: 5.8%▲ +0.8 percentage points vs 04-2025 06-2025: 2.6%▼ -3.2 percentage points vs 05-2025 07-2025: 2.3%▼ -0.3 percentage points vs 06-2025 08-2025: 2.3%● unchanged vs 07-2025 09-2025: 2.3%● unchanged vs 08-2025 10-2025: 2.3%● unchanged vs 09-2025 11-2025: 5.9%▲ +3.6 percentage points vs 10-2025highest value 12-2025: 5.9%● unchanged vs 11-2025highest value 01-2026: 5.1%▼ -0.8 percentage points vs 12-2025 02-2026: 5.1%● unchanged vs 01-2026 03-2026: 5.1%● unchanged vs 02-2026 04-2026: 5.1%● unchanged vs 03-2026 05-2026: 5.1%● unchanged vs 04-2026 06-2026: 2.3%▼ -2.8 percentage points vs 05-2026lowest value 07-2026: 3.6%▲ +1.3 percentage points vs 06-2026 08-2026: 3.6%● unchanged vs 07-2026 09-2026: 3.6%● unchanged vs 08-2026 10-2026: 3.6%● unchanged vs 09-2026 11-2026: 3.6%● unchanged vs 10-2026

Financial strength
Weak

72-21equity 47.5% of total assets
24-13short-term debt 52.5% · cash 0.4%
0-100return on assets -142.9%

Score breakdown

raises risk
Loss of €165,190 (financial year 2025)
Sector: Land transport and transport via pipelines (NACE 49)
1 change of registered office in 24 months
Size: 1 FTE, total assets €115,612
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 60% of them on solvency, 21% on liquidity, 6% on profitability and 8% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 3,591 companies had the same profile as DB.S has now. Each dot stands for 9 companies, two years later.

87.3%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DB.S itself: 3.6% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,591 companies, not a prediction for DB.S. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,500 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is ample, with a current ratio of 1.73 (2.85 in 2024), above the usual 1.5. Short-term debt is 52.5% and cash 0.4% of total assets. However, 52.5% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Loss of €165,190 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: 1 FTE, total assets €115,612
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 filings
Deviation from the deadline
2025
58 days early
2024
76 days early
2023
68 days early
2022
54 days early
2021
69 days early
2020
71 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 63 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GA
GARCIA ALVAREZ Ayssa
Director, since 31-12-2018
GR
Director
  • Garcia Rey Bernarddeed of 05-03-2025
Board & ownership

Recent changes

Registered office moved from Evere to Etterbeek New registered office: avenue rue Colonel Van Gele 117 à 1040 Etterbeek · Previous registered office: avenue du Four à Briques 6-8 à 1140 Evere · General meeting of 22-08-2025 · Gazette deed
Resignation: Garcia Alvarez Bernard Ayssa (director) Transfer of shares from Garcia Alvarez Bernard Ayssa to Garcia Rey Bernard · Appointment: Garcia Rey Bernard (director) · Director discharge: Garcia Alvarez Bernard Ayssa · General meeting of 11-02-2025 · Gazette deed
Registered office moved from Brussels to Evere New registered office: avenue du Four à Briques 6-8 à 1140 Evere · Previous registered office: rue de la Presse 4 à 1000 Bruxelles · Garcia Alvarez Bernard Ayssa holds all the shares · General meeting of 29-03-2024 · Gazette deed
Change of role: GARCIA ALVAREZ Bernard, from manager to director Permanent representative: GARCIA ALVAREZ Bernard · “Les activités de transport de personnes et de marchandises, service de courrier express, transport de petits…” (deed in French) · Director discharge: GARCIA ALVAREZ Bernard · General meeting of 24-04-2023 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
DB.S Etterbeek €115,612 -€23,337 47.5% 1
B.J.N. Transport Etterbeek €110,906 -€56,545 -1.6% 2
SALLAUM LOGISTICS CENTER Antwerp €236,092 -€29,694 -3.5% 0
TRANSPOTTERY Temse €113,316 -€6,093 95.0% 0
SM-TRANSPORT Evere €116,380 -€14,574 -15.7% -
JENA Jette €108,567 -€8,367 -2.6% -
SYMA & CO Molenbeek-Saint-Jean €121,260 -€13,936 56.5% -

These companies have the same main activity as DB.S: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €109,000 and €236,000, founded between 2008 and 2019.

Official details

Source: KBO
Status
Active since 09-11-2017Normal situation
Activity
Freight transport by roadNACE 49410
Joint committee
140.03Road transport and logistics for third parties · annual accounts 2021
Establishment unit
2.274.517.3661040 Etterbeek, since 09-11-2017
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€115,612▼ 64.5%
Employeeson 31-12-2025
1
Filing
Filed on 03-06-2026, 58 days before the end of the filing period
Financials

Insights on DB.S

Solvency fell in 2025 from 67.6% to 47.5% because of the loss.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DB.S

What is the company number of DB.S?
The company number of DB.S is 0684.549.487. The VAT number is the same number with BE in front: BE 0684.549.487.
Where is DB.S based?
The registered office is at Kolonel Van Gelestraat 117, 1040 Etterbeek.Company details
What does DB.S do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of DB.S?
DB.S is a private limited company (BV).
When was DB.S founded?
DB.S was founded on 09-11-2017.
Is DB.S still active?
Yes, DB.S is an active enterprise in the KBO register.
How many employees does DB.S have?
DB.S had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DB.S fall under?
In its 2021 annual accounts, DB.S states joint committee 140.03 (Road transport and logistics for third parties).
What is the turnover of DB.S?
The annual accounts for financial year 2025 state no turnover.
Is DB.S profitable?
In financial year 2025, DB.S made a loss of €165,190.
Where can I find the annual accounts of DB.S?
DB.S filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DB.S due?
DB.S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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