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DB SERVICES

Active
Private limited companyfounded 201015 yrs activeBurg. Maenhautstraat 64, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0831.386.505
Summary

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 €925,036 and a net result of €166,206. 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 €65,000 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 2025
Solvency, 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €925,036
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 filings
Deviation 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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DB SERVICES was incorporated on 25 November 2010.1 Total assets rose from EUR 841,078 in 2018 to EUR 2.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€925,036▲ 21.9%
2024 · €758,830
Total assets
€2.3m▼ 5.1%
2024 · €2.4m
Net result
€166,206▼ 45.6%
2024 · €305,284
Working capital
€55,701
2024 · -€112,012
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€87,044▲ 6.6%€110,921▲ 27.4%€224,735▲ 103%€353,182▲ 57.2%€220,866▼ 37.5%
Net result€59,345▲ 9.2%€94,358▲ 59.0%€200,088▲ 112%€305,284▲ 52.6%€166,206▼ 45.6%
Equity€189,101▼ 7.6%€253,459▲ 34.0%€453,547▲ 78.9%€758,830▲ 67.3%€925,036▲ 21.9%
Total assets€639,850▼ 9.7%€1.0m▲ 58.0%€2.0m▲ 96.2%€2.4m▲ 21.4%€2.3m▼ 5.1%
Debt€450,749▼ 10.6%€757,671▲ 68.1%€1.5m▲ 102%€1.6m▲ 7.7%€1.4m▼ 17.5%
Working capital€442,716▲ 2.5%€128,606▼ 71.0%-€414,940-€112,012▲ 73.0%€55,701
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000€400,000Operating result 2021: €87,044€87,044Net result 2021: €59,345€59,345Operating result 2022: €110,921€110,921Net result 2022: €94,358€94,358Operating result 2023: €224,735€224,735Net result 2023: €200,088€200,088Operating result 2024: €353,182€353,182Net result 2024: €305,284€305,284Operating result 2025: €220,866€220,866Net result 2025: €166,206€166,20620212022202320242025€0€100,000€200,000€300,000€400,000Operating result 2023: €224,735€225,000Net result 2023: €200,088€200,000Operating result 2024: €353,182€353,000Net result 2024: €305,284€305,000Operating result 2025: €220,866€221,000Net result 2025: €166,206€166,000202320242025
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €1.9m ▼ 10.1%
Current assets €334,736 ▲ 40.3%
Equity and liabilities €2.3m
Equity €925,036 ▲ 21.9%
Debt €1.4m ▼ 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
2025 value · change against 2024
EBITDA
€441,640▼
2024 · €551,406
Cash flow
€386,980▼
2024 · €503,507
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
€279,035▼
2024 · €350,607
Debt > 1 year
€1.1m▼
2024 · €1.3m
Income taxes
€6,457
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.4m€2.3m▼
Fixed assets21/28€2.2m€1.9m▼
Tangible fixed assets22/27€2.2m€1.9m▼
Plant, machinery and equipment23€2.2m€1.9m▼
Current assets29/58€238,595€334,736▲
Amounts receivable within one year40/41€231,015€234,450▲
Trade receivables40€230,268€233,703▲
Other amounts receivable41€746€746=
Cash at bank and in hand54/58€7,580€100,286▲
Equity and liabilities
Total equity and liabilities10/49€2.4m€2.3m▼
Equity10/15€758,830€925,036▲
Contributions10/11€186,000€186,000=
Reserves13€572,830€739,036▲
Distributable reserves133€572,830€739,036▲
Amounts payable17/49€1.6m€1.4m▼
Amounts payable after more than one year17€1.3m€1.1m▼
Financial debts170/4€1.3m€1.1m▼
Amounts payable within one year42/48€350,607€279,035▼
Current portion of amounts payable after more than one year42€213,167€217,667▲
Trade debts44€30,173€16,798▼
Suppliers440/4€30,173€16,798▼
Advances received on contracts in progress46€1,815€1,815=
Taxes, remuneration and social security45€25,452€42,755▲
Taxes450/3€25,452€42,755▲
Other amounts payable47/48€80,000€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€198,223€220,774▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5,437
Other operating charges640/8€3,546€10,249▲
Gross operating margin9900€554,951€457,327▼
Operating profit (loss)9901€353,182€220,866▼
Financial charges65/66B€47,899€48,203▲
Recurring financial charges65€47,899€48,203▲
Profit (loss) for the period before taxes9903€305,284€172,663▼
Income taxes67/77-€6,457
Profit (loss) for the period9904€305,284€166,206▼
Profit (loss) for the period to be appropriated9905€305,284€166,206▼
Appropriation of the result
Profit (loss) to be appropriated9906€305,284€166,206▼
Transfer to equity691/2€305,284€166,206▼
To other reserves6921€305,284€166,206▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,962€40,259€131,788€198,223€220,774▲ 11.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€781€0-€5,437-
Other operating charges640/8€668€1,451€2,446€3,546€10,249▲ 189%
Gross operating margin9900€174,674€151,849€358,969€554,951€457,327▼ 17.6%
Operating profit (loss)9901€87,044€110,921€224,735€353,182€220,866▼ 37.5%
Financial charges65/66B€7,920€10,112€24,648€47,899€48,203▲ 0.6%
Recurring financial charges65€7,920€10,112€24,648€47,899€48,203▲ 0.6%
Profit (loss) for the period before taxes9903€79,124€100,810€200,088€305,284€172,663▼ 43.4%
Income taxes67/77€19,779€6,451€0-€6,457-
Profit (loss) for the period9904€59,345€94,358€200,088€305,284€166,206▼ 45.6%
Profit (loss) for the period to be appropriated9905€59,345€94,358€200,088€305,284€166,206▼ 45.6%
Line20212022202320242025Change
Assets
Total assets20/58€639,850€1.0m€2.0m€2.4m€2.3m▼ 5.1%
Fixed assets21/28€34,552€649,319€1.8m€2.2m€1.9m▼ 10.1%
Tangible fixed assets22/27€34,552€649,319€1.8m€2.2m€1.9m▼ 10.1%
Plant, machinery and equipment23€34,552€649,319€1.8m€2.2m€1.9m▼ 10.1%
Current assets29/58€605,298€361,811€203,748€238,595€334,736▲ 40.3%
Amounts receivable after more than one year29€350,000€0----
Other amounts receivable291€350,000€0----
Amounts receivable within one year40/41€104,804€210,579€114,798€231,015€234,450▲ 1.5%
Trade receivables40€99,583€210,484€114,798€230,268€233,703▲ 1.5%
Other amounts receivable41€5,221€95€0€746€746=
Cash at bank and in hand54/58€150,494€151,232€88,950€7,580€100,286▲ 1,223%
Equity and liabilities
Total equity and liabilities10/49€639,850€1.0m€2.0m€2.4m€2.3m▼ 5.1%
Equity10/15€189,101€253,459€453,547€758,830€925,036▲ 21.9%
Contributions10/11€186,000€186,000€186,000€186,000€186,000=
Reserves13€3,101€67,459€267,547€572,830€739,036▲ 29.0%
Distributable reserves133€3,101€67,459€267,547€572,830€739,036▲ 29.0%
Profit (loss) carried forward14-€0€0---
Amounts payable17/49€450,749€757,671€1.5m€1.6m€1.4m▼ 17.5%
Amounts payable after more than one year17€288,167€524,466€911,833€1.3m€1.1m▼ 16.8%
Financial debts170/4€288,167€524,466€911,833€1.3m€1.1m▼ 16.8%
Amounts payable within one year42/48€162,583€233,205€618,688€350,607€279,035▼ 20.4%
Current portion of amounts payable after more than one year42€60,667€110,667€155,667€213,167€217,667▲ 2.1%
Trade debts44€16,422€20,054€122,508€30,173€16,798▼ 44.3%
Suppliers440/4€16,422€20,054€122,508€30,173€16,798▼ 44.3%
Advances received on contracts in progress46€320€1,027€1,815€1,815€1,815=
Taxes, remuneration and social security45€10,174€31,457€23,699€25,452€42,755▲ 68.0%
Taxes450/3€10,174€31,457€23,699€25,452€42,755▲ 68.0%
Other amounts payable47/48€75,000€70,000€315,000€80,000€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€59,345€94,358€200,088€305,284€166,206▼ 45.6%
+ Depreciation and write-downs630€86,962€40,259€131,788€198,223€220,774▲ 11.4%
Operating cash flow (approximation)€146,307€134,617€331,876€503,507€386,980▼ 23.1%
Investment in fixed assets (approximation)--€655,026-€1.3m-€586,995-€1,601▲ 99.7%
Change in cash-€738-€62,282-€81,370€92,706▲ 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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
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 €305,284 ▲52.6%
Operating result €353,182, net result €305,284, both a record.
31-12
Financial Equity above €500,000Eq €758,830 ▲67.3%
7 profitable years in a row build equity to €758,830.
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 €200,000Eq €253,459 ▲34%
5 profitable years in a row build equity to €253,459.
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 €37,899 ▼49.6%
Net result drops to €37,899, 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
seat establishment The establishment unit on the map
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
Burg. Maenhautstraat 64, 9820 Merelbeke-MelleReal estate activities
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 awardedpaid
2025 2 0 EUR0 EUR
2024 4 -13,670 EUR144,000 EUR
2023 2 328,098 EUR127,246 EUR
2022 2 130,555 EUR555 EUR
Schemes
4 entries · 274,428 EUR · 127,246 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 130,000 EUR · 104,000 EUR paid · Departement Mobiliteit en Openbare Werken
3 entries · 40,000 EUR · 40,000 EUR paid · DAB Vlaams Infrastructuurfonds
1 entry · 555 EUR · 555 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

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.