Equity
DBB IMMO has made a profit without a break since 2023.
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In July 2024, 5,047 companies had the same profile as DBB IMMO has now. Each dot stands for 13 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for DBB IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| DBB IMMO Geraardsbergen | €12,734 | €73 | 40.5% | - |
| Kast Invest Erpe-Mere | €10,106 | -€1,425 | 100.0% | 0 |
| DanCa Projects Aalter | €9,647 | -€1,908 | -57.3% | - |
| VT Building Anzegem | €12,385 | -€1,258 | 99.0% | - |
| A&S IMMO Sint-Gillis (bij-Brussel) | €11,206 | -€1,628 | -105.9% | - |
| GLAIN PROJECTS Hasselt | €13,067 | -€219 | 93.2% | - |
| CERFMEN Herve | €10,347 | -€16,139 | -170.1% | - |
These companies have the same main activity as DBB IMMO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €9,650 and €13,100, founded between 2020 and 2021.
DBB IMMO files the micro format. That format states no turnover. The gross margin rose from -€6,457 in 2021 to €73 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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