db&vo
ActiveSummary
db&vo has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.72M and a net result of €-516k. Equity remains stable across the filed fiscal years (±0.2% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability24▼-18
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 14.11 against 4.5 in 2023; short-term debt: 5.7% and cash: 50.4% of total assets), and 19.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
57 d late
2022
1 d early
2021
75 d late
2020
61 d late
2019
105 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€7.72M▼ 6.3%
2023 · €8.23M
2018: €8.31M
2019: €8.52M▲ +2.5% vs 2018
2020: €8.55M▲ +0.3% vs 2019
2021: €8.57M▲ +0.3% vs 2020
2022: €8.62M▲ +0.5% vs 2021highest in 7 years
2023: €8.23M▼ -4.4% vs 2022
2024: €7.72M▼ -6.3% vs 2023lowest in 7 years
2018 → 2024
Total assets
€9.56M▼ 5.5%
2023 · €10.11M
2018: €9.23Mlowest in 7 years
2019: €9.51M▲ +3.1% vs 2018
2020: €9.48M▼ -0.3% vs 2019
2021: €10.48M▲ +10.6% vs 2020
2022: €10.51M▲ +0.3% vs 2021highest in 7 years
2023: €10.11M▼ -3.9% vs 2022
2024: €9.56M▼ -5.5% vs 2023
2018 → 2024
Net result
€-516k
2023 · €183k
2018: €242khighest in 7 years
2019: €209k▼ -13.7% vs 2018
2020: €22k▼ -89.3% vs 2019
2021: €26k▲ +18.1% vs 2020
2022: €45k▲ +71.3% vs 2021
2023: €183k▲ +305% vs 2022
2024: €-516k▼ -382% vs 2023lowest in 7 years
2018 → 2024
Working capital
€7.17M▲ 266%
2023 · €1.96M
2018: €2.00M
2019: €2.09M▲ +4.3% vs 2018
2020: €2.16M▲ +3.4% vs 2019
2021: €2.17M▲ +0.3% vs 2020
2022: €2.41M▲ +11.3% vs 2021
2023: €1.96M▼ -18.8% vs 2022lowest in 7 years
2024: €7.17M▲ +266% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8.55M-€8.57M▲ 0.3%€8.62M▲ 0.5%€8.23M▼ 4.4%€7.72M▼ 6.3%
2020: €8.55M
2021: €8.57M▲ +0.3% vs 2020
2022: €8.62M▲ +0.5% vs 2021highest in 5 years
2023: €8.23M▼ -4.4% vs 2022
2024: €7.72M▼ -6.3% vs 2023lowest in 5 years
Operating result€-7k-€-3k▲ 57.3%€-3k▲ 1.2%€-7k▼ 116%€-7k▲ 1.6%
2020: €-7klowest in 5 years
2021: €-3k▲ +57.3% vs 2020
2022: €-3k▲ +1.2% vs 2021highest in 5 years
2023: €-7k▼ -116% vs 2022
2024: €-7k▲ +1.6% vs 2023
Net result€22k-€26k▲ 18.1%€45k▲ 71.3%€183k▲ 305%€-516k
2020: €22k
2021: €26k▲ +18.1% vs 2020
2022: €45k▲ +71.3% vs 2021
2023: €183k▲ +305% vs 2022highest in 5 years
2024: €-516k▼ -382% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €7k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.56M
Fixed assets
€1.84M ▼ 75.7%
Current assets
€7.71M ▲ 207%
Equity and liabilities €9.56M
Equity
€7.72M ▼ 6.3%
Debt
€1.84M ▼ 1.9%
Debt's share of the balance-sheet total rises from 18.5% to 19.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
14.11▲
2023 · 4.50
Debt to equity
0.24▲
2023 · 0.23
ROE
-6.7%▼
2023 · 2.2%
ROA
-5.4%▼
2023 · 1.8%
Debt ≤ 1 year
€547k▼
2023 · €559k
Debt > 1 year
€1.20M▼
2023 · €1.25M
Income taxes
€21k▼
2023 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€10.11M€9.56M▼
Fixed assets21/28€7.59M€1.84M▼
Tangible fixed assets22/27€425k€425k=
Land and buildings22€425k€425k=
Financial fixed assets28€7.17M€1.42M▼
Current assets29/58€2.52M€7.71M▲
Amounts receivable after more than one year29€135k€135k=
Other amounts receivable291€135k€135k=
Amounts receivable within one year40/41€1.04M€1.77M▲
Other amounts receivable41€1.04M€1.77M▲
Current investments50/53€624k€840k▲
Cash at bank and in hand54/58€582k€4.82M▲
Deferred charges and accrued income490/1€135k€144k▲
Equity and liabilities
Total equity and liabilities10/49€10.11M€9.56M▼
Equity10/15€8.23M€7.72M▼
Contributions10/11€606k€606k=
Reserves13€7.63M€7.11M▼
Non-distributable reserves130/1€61k-
Reserves not available under the articles1311€61k-
Distributable reserves133€7.57M€7.11M▼
Amounts payable17/49€1.87M€1.84M▼
Amounts payable after more than one year17€1.25M€1.20M▼
Financial debts170/4€1.25M€1.20M▼
Amounts payable within one year42/48€559k€547k▼
Current portion of amounts payable after more than one year42€50k€50k=
Financial debts43€475k€475k=
Credit institutions430/8€475k€475k=
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€31k€18k▼
Taxes450/3€31k€18k▼
Accrued charges and deferred income492/3€63k€91k▲
Income statement
Code20232024
Other operating charges640/8€960€1k▲
Gross operating margin9900€-6k€-6k▲
Operating profit (loss)9901€-7k€-7k▲
Financial income75/76B€294k€172k▼
Recurring financial income75€294k€172k▼
Financial charges65/66B€77k€661k▲
Recurring financial charges65€77k€661k▲
Profit (loss) for the period before taxes9903€210k€-496k▼
Income taxes67/77€27k€21k▼
Profit (loss) for the period9904€183k€-516k▼
Profit (loss) for the period to be appropriated9905€183k€-516k▼
Appropriation of the result
Profit (loss) to be appropriated9906€183k€-516k▼
Transfer from equity791/2€565k€516k▼
Transfer to equity691/2€183k-
To other reserves6921€183k-
Profit to be distributed694/7€565k-
Return on contributions (dividend)694€565k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €868 | €868 | €960 | €1k | ▲ 22.8% |
| Gross operating margin9900 | €-7k | €-2k | €-2k | €-6k | €-6k | ▲ 5.6% |
| Operating profit (loss)9901 | €-7k | €-3k | €-3k | €-7k | €-7k | ▲ 1.6% |
| Financial income75/76B | - | €82k | €332k | €294k | €172k | ▼ 41.4% |
| Recurring financial income75 | €56k | €82k | €332k | €294k | €172k | ▼ 41.4% |
| Financial charges65/66B | - | €47k | €280k | €77k | €661k | ▲ 755% |
| Recurring financial charges65 | €25k | €47k | €51k | €77k | €661k | ▲ 755% |
| Non-recurring financial charges66B | - | - | €228k | - | - | - |
| Profit (loss) for the period before taxes9903 | €24k | €32k | €50k | €210k | €-496k | ▼ 336% |
| Income taxes67/77 | €2k | €6k | €5k | €27k | €21k | ▼ 24.1% |
| Profit (loss) for the period9904 | €22k | €26k | €45k | €183k | €-516k | ▼ 382% |
| Profit (loss) for the period to be appropriated9905 | €22k | €26k | €45k | €183k | €-516k | ▼ 382% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.48M | €10.48M | €10.51M | €10.11M | €9.56M | ▼ 5.5% |
| Fixed assets21/28 | €6.79M | €7.79M | €7.57M | €7.59M | €1.84M | ▼ 75.7% |
| Tangible fixed assets22/27 | €425k | €425k | €425k | €425k | €425k | = |
| Land and buildings22 | - | €425k | €425k | €425k | €425k | = |
| Financial fixed assets28 | €6.36M | €7.36M | €7.14M | €7.17M | €1.42M | ▼ 80.2% |
| Current assets29/58 | €2.69M | €2.70M | €2.95M | €2.52M | €7.71M | ▲ 207% |
| Amounts receivable after more than one year29 | - | €100k | €135k | €135k | €135k | = |
| Other amounts receivable291 | - | €100k | €135k | €135k | €135k | = |
| Amounts receivable within one year40/41 | €1.19M | €1.30M | €1.52M | €1.04M | €1.77M | ▲ 70.3% |
| Other amounts receivable41 | - | €1.30M | €1.52M | €1.04M | €1.77M | ▲ 70.3% |
| Current investments50/53 | €785k | €712k | €622k | €624k | €840k | ▲ 34.7% |
| Cash at bank and in hand54/58 | €550k | €506k | €580k | €582k | €4.82M | ▲ 729% |
| Deferred charges and accrued income490/1 | - | €76k | €94k | €135k | €144k | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.48M | €10.48M | €10.51M | €10.11M | €9.56M | ▼ 5.5% |
| Equity10/15 | €8.55M | €8.57M | €8.62M | €8.23M | €7.72M | ▼ 6.3% |
| Contributions10/11 | - | €606k | €606k | €606k | €606k | = |
| Reserves13 | €7.94M | €7.97M | €8.01M | €7.63M | €7.11M | ▼ 6.8% |
| Non-distributable reserves130/1 | - | €61k | €61k | €61k | - | - |
| Reserves not available under the articles1311 | - | €61k | €61k | €61k | - | - |
| Tax-exempt reserves132 | - | €121k | - | - | - | - |
| Distributable reserves133 | - | €7.78M | €7.95M | €7.57M | €7.11M | ▼ 6.0% |
| Amounts payable17/49 | €934k | €1.91M | €1.90M | €1.87M | €1.84M | ▼ 1.9% |
| Amounts payable after more than one year17 | €400k | €1.35M | €1.30M | €1.25M | €1.20M | ▼ 4.0% |
| Financial debts170/4 | - | €1.35M | €1.30M | €1.25M | €1.20M | ▼ 4.0% |
| Amounts payable within one year42/48 | €530k | €533k | €535k | €559k | €547k | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €50k | €50k | €50k | €50k | = |
| Financial debts43 | - | €478k | €475k | €475k | €475k | = |
| Credit institutions430/8 | - | €478k | €475k | €475k | €475k | = |
| Trade debts44 | €3k | €2k | €3k | €3k | €4k | ▲ 16.7% |
| Suppliers440/4 | - | €2k | €3k | €3k | €4k | ▲ 16.7% |
| Taxes, remuneration and social security45 | - | €3k | €7k | €31k | €18k | ▼ 41.4% |
| Taxes450/3 | - | €3k | €7k | €31k | €18k | ▼ 41.4% |
| Accrued charges and deferred income492/3 | - | €30k | €63k | €63k | €91k | ▲ 43.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €26k | €45k | €183k | €-516k | ▼ 382% |
| Operating cash flow (approximation) | €22k | €26k | €45k | €183k | €-516k | ▼ 382% |
| Investment in fixed assets (approximation) | - | €-997k | €218k | €-22k | €5.75M | ▲ 25,834% |
| Change in cash | - | €-44k | €73k | €2k | €4.24M | ▲ 243,042% |
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
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-516k
Net result drops to €-516k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 14.11
Current ratio from 4.50 to 14.11; short-term debt falls from €559k to €547k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 68 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Tervuren · 1 establishment unit since 2013
Ground area
188 m²
Building footprint
260 m²
Volume, LiDAR
1,426 m³
Parcel 24023D0009/00L010, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
db&vo
since 20132.226.295.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24023D0009/00L010 | Flanders | 188 m² | 1 · 260 m² | 9.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600BBGEC3M3TY4A57
Identification & contact
Identification
Legal formPrivate limited company
Founded29-10-2013
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.