Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Lower net result than 93% of companies in retail trade. Sector median €5,048 · 22,907 companies.
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 47, micro). It does better than 6% of them on solvency, 52% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,322 companies had the same profile as DBD CANDY WORLD has now. Each dot stands for 4 companies, two years later.
That fits the bankruptcy probability of DBD CANDY WORLD itself: 2.8% within 12 months.
The method was tested on the 497,447 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 1,322 companies, not a prediction for DBD CANDY WORLD. 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.
Liquidity is insufficient, with a current ratio of 0.5, below 1. Short-term debt is 197.4% and cash 40.3% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| DBD CANDY WORLD Saint-Josse-ten-Noode | €24,373 | -€20,191 | -97.4% | - |
| ARTAPER Leuven | €21,058 | -€7,841 | 91.8% | - |
| NOMADIX Oud-Heverlee | €20,675 | -€9,840 | -6.0% | - |
| LARSIMONT Fleurus | €24,676 | €715 | 20.4% | - |
| R21M Genk | €21,881 | -€3,032 | -10.7% | - |
| NC-LOO Lasne | €32,704 | -€18,189 | 65.4% | - |
| UW VOETPUNT Heusden-Zolder | €23,696 | €1,653 | 5.7% | - |
These companies have the same main activity as DBD CANDY WORLD: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €20,700 and €32,700, founded between 2024 and 2025.
The computed 12-month bankruptcy probability of DBD CANDY WORLD is 2.8% (moderate). The 2025 annual accounts show negative equity (-€23,738) and a net result of -€33,738.
Its solvency ranks better than 9% of 22,924 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 9% of 22,924 companies in 2025.
Higher than 13% of 22,052 companies in 2025.
Lower than 95% of 22,202 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
24,373 | |
21/28 |
318 | |
28 |
318 | |
29/58 |
24,055 | |
3 |
2,546 | |
30/36 |
2,546 | |
40/41 |
10,919 | |
41 |
10,919 | |
54/58 |
9,812 | |
490/1 |
778 | |
| Balance sheet: equity and liabilities | ||
10/49 |
24,373 | |
10/15 |
-23,738 | |
10/11 |
10,000 | |
14 |
-33,738 | |
17/49 |
48,111 | |
42/48 |
48,111 | |
44 |
28 | |
440/4 |
28 | |
45 |
1,384 | |
454/9 |
1,384 | |
47/48 |
46,700 | |
| Income statement | ||
9900 |
-20,191 | |
62 |
4,555 | |
640/8 |
8,934 | |
9901 |
-33,680 | |
65/66B |
58 | |
65 |
58 | |
9903 |
-33,738 | |
9904 |
-33,738 | |
9905 |
-33,738 | |
| Appropriation of the result | ||
9906 |
-33,738 | |
| Document | ||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-09-2026.
2025 annual accounts filed 48 days after the deadline. Filed on 17 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00514821.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-09-2026 | 2026-00514821 |
| Line | Trend | 2025 |
|---|---|---|
| 318 | ||
| -24,056 | ||
| -97.4% | ||
| 0.50 | ||
| 0.45 | ||
| -138.4% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 |
|---|---|
| Financial fixed assets | €318 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Equity is negative. Debt (€48,111) exceeds the balance-sheet total (€24,373).
DBD CANDY WORLD has no parent and no holdings in its annual accounts. LIMAN Nesla is the only director. DBD CANDY WORLD shares no director with another company.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Middaglijnstraat 82 registered office 1210 Saint-Josse-ten-Noode | 22-01-2025 | 2.369.745.335 | Retailer of food >3 months |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21014A0393/00H004 | 80 m² | 1 · 81 m² | 16.8 m · 5 |
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