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DB-Tax

Active
Private limited companyfounded 201411 yrs activeGroenestraat 38B, 8755 Wingene, BelgiumKBO/BCE: BE 0563.545.353

DB-Tax has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €76k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
56 / 100
Fair▼ -17 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency26▼-14
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.16 in 2023), and 78.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
21.1%
Return on assets
68.3%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 15368 sector peers (2024).
NBB · sector comparison
Position among 15368 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
56 d early
2023
34 d early
2022
53 d early
2021
46 d early
2020
37 d early
2019
55 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€24k▲ 4.9%
2023 · €22k
2018: €53k 2019: €64k 2020: €24k 2021: €24k 2022: €25k 2023: €22k
2018 → 2024
Total assets
€111k▲ 21.9%
2023 · €91k
2018: €80k 2019: €84k 2020: €108k 2021: €78k 2022: €96k 2023: €91k
2018 → 2024
Net result
€76k▲ 58.9%
2023 · €48k
2018: €8k 2019: €25k 2020: €41k 2021: €29k 2022: €21k 2023: €48k
2018 → 2024
Working capital
€-5k
2023 · €11k
2018: €13k 2019: €32k 2020: €-6k 2021: €-5k 2022: €102 2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€24k-€24k▼ 2.4%€25k▲ 3.9%€22k▼ 8.6%€24k▲ 4.9%
Operating result€55k-€41k▼ 25.7%€31k▼ 25.2%€66k▲ 115%€103k▲ 56.0%
Net result€41k-€29k▼ 27.7%€21k▼ 28.9%€48k▲ 129%€76k▲ 58.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2020: €55k€55kNet result 2020: €41k€41kOperating result 2021: €41k€41kNet result 2021: €29k€29kOperating result 2022: €31k€31kNet result 2022: €21k€21kOperating result 2023: €66k€66kNet result 2023: €48k€48kOperating result 2024: €103k€103kNet result 2024: €76k€76k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 56% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111k
Fixed assets €29k▲ 149%
Current assets €83k▲ 3.6%
Equity and liabilities €111k
Equity €24k▲ 4.9%
Debt €88k▲ 27.4%
The debt ratio rises from 75.4% to 78.9%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€109k
2023 · €71k
Cash flow
€82k
2023 · €53k
Solvency
21.1%
2023 · 24.6%
Current ratio
0.94
2023 · 1.16
Quick ratio
0.94
2023 · 1.16
Debt / equity
3.73
2023 · 3.07
ROE
322.8%
2023 · 213.1%
ROA
68.3%
2023 · 52.4%
Interest coverage
73.66
2023 · 76.77
Debt
€88k
2023 · €69k
Debt ≤ 1 year
€88k
2023 · €69k
Income taxes
€26k
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€91k€111k
Fixed assets21/28€12k€29k
Tangible fixed assets22/27€12k€29k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€500-
Other tangible fixed assets26€9k€27k
Current assets29/58€80k€83k
Amounts receivable within one year40/41€12k€4k
Trade receivables40€12k€184
Other amounts receivable41-€4k
Current investments50/53€25k€26k
Cash at bank and in hand54/58€42k€52k
Deferred charges and accrued income490/1€762€793
Equity and liabilities
Total equity and liabilities10/49€91k€111k
Equity10/15€22k€24k
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Tax-exempt reserves132€863€863=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1k€2k
Amounts payable17/49€69k€88k
Amounts payable within one year42/48€69k€88k
Trade debts44€196€292
Suppliers440/4€196€292
Taxes, remuneration and social security45€19k€19k
Taxes450/3€18k€17k
Remuneration and social security454/9€1k€2k
Other amounts payable47/48€50k€69k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k
Other operating charges640/8€2k€1k
Gross operating margin9900€73k€110k
Operating profit (loss)9901€66k€103k
Financial income75/76B€2€823
Recurring financial income75€2€823
Financial charges65/66B€925€1k
Recurring financial charges65€925€1k
Profit (loss) for the period before taxes9903€65k€102k
Income taxes67/77€17k€26k
Profit (loss) for the period9904€48k€76k
Profit (loss) for the period to be appropriated9905€48k€76k
Appropriation of the result
Profit (loss) to be appropriated9906€51k€77k
Profit (loss) brought forward from the previous period14P€3k€1k
Profit to be distributed694/7€50k€75k
Return on contributions (dividend)694€50k€75k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
05-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €76k ▲58.9%
Operating result €103k, net result €76k, both a record.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
01-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Wingene · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Groenestraat 38B8755 Wingene
Ground area
1,789 m²
Building footprint
159 m²
Volume, LiDAR
986 m³
Parcel 37012E0187/00R000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DB-Tax
Groenestraat 38B, 8755 WingeneCertified accountants and tax accountants
since 20142.235.113.986
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37012E0187/00R000 Flanders 1,789 m² 1 · 159 m² 8.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 12,122 companies in sector 69201 we hold annual accounts for 7,601. 4,703 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-10-2014
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.