Financials
- Fiscal year
- 2024
- Turnover
- €43,350
- Profit
- €9,349
- Solvency
- -19.8%
Turnover▼ 32.7%
Net result
20232024
DBB-WERKEN
ActiveSummary
DBB-WERKEN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€7,946) and a net result of €9,349. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 410 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Forestry and logging
NACE 02100
1 site
Size
€43,350turnover 2024
- Equity
- -€7,946
- Profit
- €9,349
Structure
Accounts 64 d overdue0 of 2 deeds read
Why 54Capped at 59: negative equity- Figures for FY 2024 (filed 28-09-2025)- Liquidity: current ratio 0.75, cash €1,602+ Size: turnover €43,350, total assets €40,194+ Sector Forestry and logging (NACE 02)Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 36% of its sector peers (NACE 02, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
5+5
equity -19.8% of total assets
Liquidity
5+4
short-term debt 119.8% · cash 4.0%
Profitability
82+82
return on assets 23.3%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.6%
12-2024: 1.6%● 0.0% vs 11-2024
01-2025: 1.6%▲ +2.5% vs 12-2024
02-2025: 1.6%● 0.0% vs 01-2025
03-2025: 1.6%▼ -0.4% vs 02-2025
04-2025: 1.7%▲ +1.7% vs 03-2025
05-2025: 1.6%▼ -1.1% vs 04-2025
06-2025: 1.5%▼ -8.3% vs 05-2025
07-2025: 1.7%▲ +10.7% vs 06-2025
08-2025: 1.8%▲ +5.5% vs 07-2025
09-2025: 1.8%▲ +1.1% vs 08-2025highest value
10-2025: 0.5%▼ -74.4% vs 09-2025
11-2025: 0.5%● 0.0% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%▲ +3.7% vs 12-2025
02-2026: 0.5%▲ +1.3% vs 01-2026
03-2026: 0.5%▲ +1.0% vs 02-2026
04-2026: 0.5%▲ +2.1% vs 03-2026
05-2026: 0.5%▼ -1.4% vs 04-2026
06-2026: 0.5%▼ -7.2% vs 05-2026lowest value
07-2026: 0.5%▲ +6.8% vs 06-2026
08-2026: 0.7%▲ +40.3% vs 07-2026
09-2026: 0.8%▲ +13.3% vs 08-2026
10-2026: 1.0%▲ +28.9% vs 09-2026
- Size: turnover €43,350, total assets €40,194 lowers the probability for this profile
- Sector Forestry and logging (NACE 02) lowers the probability
- Figures for FY 2024 (filed 28-09-2025) raises the probability
- Liquidity: current ratio 0.75, cash €1,602 raises the probability
No credit on open account
Liquidity short (current ratio 0.75 against 0.59 in 2023; short-term debt: 119.8% and cash: 4% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 02, micro). Better than this share of them on solvency 9%, liquidity 6%, profitability 78%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 410 sector peers (2024).
NBB · sector comparisonPosition among 410 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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
53 d late
2023
56 d late
2022
22 d late
2021
91 d late
2020
30 d late
2019
60 d late
← 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 52 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €9,349
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 22-09-2025Annual accounts filed
- 31-12-2024Back to profit
- 25-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Forestry and loggingNACE 02100
- Founded
- 12-05-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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