DB SERVICES
ActiveSummary
DB SERVICES has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €925k and a net result of €166k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-7
Solvency65▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 0.68 in 2024; short-term debt: 12.2% and cash: 4.4% of total assets), and 59.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.5%
Return on assets
7.3%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €925k
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 d early
2024
93 d early
2023
92 d early
2022
97 d early
2021
97 d early
2020
94 d early
2019
92 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, abbreviated schema
Equity
€925k▲ 21.9%
2024 · €759k
Total assets
€2.28M▼ 5.1%
2024 · €2.41M
Net result
€166k▼ 45.6%
2024 · €305k
Working capital
€56k
2024 · €-112k
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€87k▲ 6.6%€111k▲ 27.4%€225k▲ 103%€353k▲ 57.2%€221k▼ 37.5%
Net result€59k▲ 9.2%€94k▲ 59.0%€200k▲ 112%€305k▲ 52.6%€166k▼ 45.6%
Equity€189k▼ 7.6%€253k▲ 34.0%€454k▲ 78.9%€759k▲ 67.3%€925k▲ 21.9%
Total assets€640k▼ 9.7%€1.01M▲ 58.0%€1.98M▲ 96.2%€2.41M▲ 21.4%€2.28M▼ 5.1%
Debt€451k▼ 10.6%€758k▲ 68.1%€1.53M▲ 102%€1.65M▲ 7.7%€1.36M▼ 17.5%
Working capital€443k▲ 2.5%€129k▼ 71.0%€-415k€-112k▲ 73.0%€56k
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 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.28M
Fixed assets
€1.95M ▼ 10.1%
Current assets
€335k ▲ 40.3%
Equity and liabilities €2.28M
Equity
€925k ▲ 21.9%
Debt
€1.36M ▼ 17.5%
Debt's share of the balance-sheet total falls from 68.5% to 59.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€442k▼
2024 · €551k
Cash flow
€387k▼
2024 · €504k
Current ratio
1.20▲
2024 · 0.68
Debt to equity
1.47▼
2024 · 2.17
ROE
18.0%▼
2024 · 40.2%
ROA
7.3%▼
2024 · 12.7%
Interest coverage
9.16▼
2024 · 11.51
Debt ≤ 1 year
€279k▼
2024 · €351k
Debt > 1 year
€1.08M▼
2024 · €1.30M
Income taxes
€6k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €87k | €40k | €132k | €198k | €221k | ▲ 11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €-781 | €0 | - | €5k | - |
| Other operating charges640/8 | €668 | €1k | €2k | €4k | €10k | ▲ 189% |
| Gross operating margin9900 | €175k | €152k | €359k | €555k | €457k | ▼ 17.6% |
| Operating profit (loss)9901 | €87k | €111k | €225k | €353k | €221k | ▼ 37.5% |
| Financial charges65/66B | €8k | €10k | €25k | €48k | €48k | ▲ 0.6% |
| Recurring financial charges65 | €8k | €10k | €25k | €48k | €48k | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €79k | €101k | €200k | €305k | €173k | ▼ 43.4% |
| Income taxes67/77 | €20k | €6k | €0 | - | €6k | - |
| Profit (loss) for the period9904 | €59k | €94k | €200k | €305k | €166k | ▼ 45.6% |
| Profit (loss) for the period to be appropriated9905 | €59k | €94k | €200k | €305k | €166k | ▼ 45.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €640k | €1.01M | €1.98M | €2.41M | €2.28M | ▼ 5.1% |
| Fixed assets21/28 | €35k | €649k | €1.78M | €2.17M | €1.95M | ▼ 10.1% |
| Tangible fixed assets22/27 | €35k | €649k | €1.78M | €2.17M | €1.95M | ▼ 10.1% |
| Plant, machinery and equipment23 | €35k | €649k | €1.78M | €2.17M | €1.95M | ▼ 10.1% |
| Current assets29/58 | €605k | €362k | €204k | €239k | €335k | ▲ 40.3% |
| Amounts receivable after more than one year29 | €350k | €0 | - | - | - | - |
| Other amounts receivable291 | €350k | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €105k | €211k | €115k | €231k | €234k | ▲ 1.5% |
| Trade receivables40 | €100k | €210k | €115k | €230k | €234k | ▲ 1.5% |
| Other amounts receivable41 | €5k | €95 | €0 | €746 | €746 | = |
| Cash at bank and in hand54/58 | €150k | €151k | €89k | €8k | €100k | ▲ 1,223% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €640k | €1.01M | €1.98M | €2.41M | €2.28M | ▼ 5.1% |
| Equity10/15 | €189k | €253k | €454k | €759k | €925k | ▲ 21.9% |
| Contributions10/11 | €186k | €186k | €186k | €186k | €186k | = |
| Reserves13 | €3k | €67k | €268k | €573k | €739k | ▲ 29.0% |
| Distributable reserves133 | €3k | €67k | €268k | €573k | €739k | ▲ 29.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €451k | €758k | €1.53M | €1.65M | €1.36M | ▼ 17.5% |
| Amounts payable after more than one year17 | €288k | €524k | €912k | €1.30M | €1.08M | ▼ 16.8% |
| Financial debts170/4 | €288k | €524k | €912k | €1.30M | €1.08M | ▼ 16.8% |
| Amounts payable within one year42/48 | €163k | €233k | €619k | €351k | €279k | ▼ 20.4% |
| Current portion of amounts payable after more than one year42 | €61k | €111k | €156k | €213k | €218k | ▲ 2.1% |
| Trade debts44 | €16k | €20k | €123k | €30k | €17k | ▼ 44.3% |
| Suppliers440/4 | €16k | €20k | €123k | €30k | €17k | ▼ 44.3% |
| Advances received on contracts in progress46 | €320 | €1k | €2k | €2k | €2k | = |
| Taxes, remuneration and social security45 | €10k | €31k | €24k | €25k | €43k | ▲ 68.0% |
| Taxes450/3 | €10k | €31k | €24k | €25k | €43k | ▲ 68.0% |
| Other amounts payable47/48 | €75k | €70k | €315k | €80k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59k | €94k | €200k | €305k | €166k | ▼ 45.6% |
| + Depreciation and write-downs630 | €87k | €40k | €132k | €198k | €221k | ▲ 11.4% |
| Operating cash flow (approximation) | €146k | €135k | €332k | €504k | €387k | ▼ 23.1% |
| Investment in fixed assets (approximation) | - | €-655k | €-1.26M | €-587k | €-2k | ▲ 99.7% |
| Change in cash | - | €738 | €-62k | €-81k | €93k | ▲ 214% |
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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €305k ▲52.6%
Operating result €353k, net result €305k, both a record.
31-12
Financial
Equity above €500kEq €759k ▲67.3%
7 profitable years in a row build equity to €759k.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €253k ▲34%
5 profitable years in a row build equity to €253k.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €38k ▼49.6%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Merelbeke-Melle · 1 establishment unit since 2011
Ground area
1.1 ha
Building footprint
7,143 m²
Volume, LiDAR
38,718 m³
Parcel 44413A0078/00V000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
23
companies at this address
See who is registered here
1 establishment unit
DB SERVICES
since 20112.197.416.125
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44413A0078/00V000 | Flanders | 1.1 ha | 1 · 7,143 m² | 8.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 444,983 EUR awarded · 271,801 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 0 EUR |
| 2024 | 4 | -13,670 EUR | 144,000 EUR |
| 2023 | 2 | 328,098 EUR | 127,246 EUR |
| 2022 | 2 | 130,555 EUR | 555 EUR |
Schemes
Ecologiepremie+
Subsidies laadpalen (Relance)
Subsidie vergroening mobiliteit - omschakeling naar zero-emissie en alternatieve brandstoffen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,280 companies in sector 81100 we hold annual accounts for 678. 436 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
Founded25-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
81100Combined facilities support activities
68310Real estate agency activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.