Financials
- Fiscal year
- 2024
- Total assets
- €104,375
- Loss
- -€34,856
- Solvency
- 66.8%
Total assets▼ 12.5%
Net result
20182024
DB SOLUTIONS
ActiveSummary
DB SOLUTIONS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €69,772 and a net result of -€34,856. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 1,336 sector peers (NACE 42, fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Construction of utility projects for electricity and telecommunications
NACE 42220
1 site
Size
€104,375total assets 2024
- Equity
- €69,772
- Loss
- -€34,856
Turnover not published (abridged schema)
Structure
Accounts 69 days overdue0 of 3 deeds read
Why 85- Figures for FY 2024 (filed 04-09-2025)- Loss of €34,856 (FY 2024)+ Liquidity: current ratio 4.26, cash €69,923+ Founded in 2006Show the evidence
Checked score
Score 2024
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 47% of its sector peers (NACE 42, micro)
Financial strength · tick = 2023
Average
Solvency
92-8
equity 66.8% of total assets
Liquidity
95+23
short-term debt 17.7% · cash 67.0%
Profitability
0-60
return on assets -33.4%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%▼ -0.2 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 4.26 against 7.63 in 2023; short-term debt: 17.7% and cash: 67% of total assets), and 33.2% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 42, micro): better than 75% on solvency, 93% on liquidity, 5% on profitability and 15% on growth.
The bankruptcy probability was computed on 07-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
−lowers risk+raises risk○neutral
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 days late
2023
3 days early
2022
5 days early
2021
5 days early
2020
9 days early
2019
45 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€34,856
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2016
- 26-07-2023Annual accounts filed
- 31-12-2022Back to profit
- 31-12-2022Liquidity times 6
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220
- Founded
- 03-04-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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