DBD De Kluis
ActiveSummary
DBD De Kluis has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €340k and a net result of €44k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability50=
Solvency28▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.06 in 2023; short-term debt: 10.4% and cash: 3.6% of total assets), and 97.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.8%
Return on assets
0.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9715 sector peers (2024).
NBB · sector comparisonPosition among 9715 sector peers
Solvency
better than 19%
← 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 29-07-2025, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
27 d early
2022
32 d early
2021
20 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€340k▲ 14.9%
2023 · €295k
2021: €205klowest in 4 years
2022: €283k▲ +38.0% vs 2021
2023: €295k▲ +4.3% vs 2022
2024: €340k▲ +14.9% vs 2023highest in 4 years
2021 → 2024
Total assets
€12.23M=
2023 · €12.23M
2021: €12.78Mhighest in 4 years
2022: €12.18M▼ -4.8% vs 2021lowest in 4 years
2023: €12.23M▲ +0.5% vs 2022
2024: €12.23M● +0.0% vs 2023
2021 → 2024
Net result
€44k▲ 261%
2023 · €12k
2021: €5klowest in 4 years
2022: €78k▲ +1383% vs 2021highest in 4 years
2023: €12k▼ -84.3% vs 2022
2024: €44k▲ +261% vs 2023
2021 → 2024
Working capital
€-192k
2023 · €40k
2021: €-114k
2022: €-281k▼ -147% vs 2021lowest in 4 years
2023: €40k▲ +114% vs 2022highest in 4 years
2024: €-192k▼ -585% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€205k-€283k▲ 38.0%€295k▲ 4.3%€340k▲ 14.9%
2021: €205klowest in 4 years
2022: €283k▲ +38.0% vs 2021
2023: €295k▲ +4.3% vs 2022
2024: €340k▲ +14.9% vs 2023highest in 4 years
Operating result€94k-€219k▲ 132%€373k▲ 70.6%€482k▲ 29.3%
2021: €94klowest in 4 years
2022: €219k▲ +132% vs 2021
2023: €373k▲ +70.6% vs 2022
2024: €482k▲ +29.3% vs 2023highest in 4 years
Net result€5k-€78k▲ 1,383%€12k▼ 84.3%€44k▲ 261%
2021: €5klowest in 4 years
2022: €78k▲ +1383% vs 2021highest in 4 years
2023: €12k▼ -84.3% vs 2022
2024: €44k▲ +261% vs 2023
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 29% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12.23M
Fixed assets
€11.16M ▼ 2.8%
Current assets
€1.07M ▲ 42.2%
Equity and liabilities €12.23M
Equity
€340k ▲ 14.9%
Debt
€11.89M ▼ 0.4%
Debt's share of the balance-sheet total falls from 97.6% to 97.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.57M▲
2023 · €1.34M
Cash flow
€1.14M▲
2023 · €981k
Current ratio
0.85▼
2023 · 1.06
Debt to equity
35.02▼
2023 · 40.40
ROE
13.0%▲
2023 · 4.1%
ROA
0.4%▲
2023 · 0.1%
Interest coverage
3.72▼
2023 · 3.75
Debt ≤ 1 year
€1.27M▲
2023 · €716k
Debt > 1 year
€10.57M▼
2023 · €11.22M
Income taxes
€14k▲
2023 · €3k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€12.23M€12.23M=
Fixed assets21/28€11.48M€11.16M▼
Tangible fixed assets22/27€11.48M€11.16M▼
Land and buildings22€6.72M€6.50M▼
Plant, machinery and equipment23€4.64M€4.52M▼
Furniture and vehicles24€116k€104k▼
Assets under construction and advance payments27-€33k
Current assets29/58€755k€1.07M▲
Amounts receivable within one year40/41€132k€600k▲
Trade receivables40€132k€600k▲
Cash at bank and in hand54/58€600k€446k▼
Deferred charges and accrued income490/1€23k€28k▲
Equity and liabilities
Total equity and liabilities10/49€12.23M€12.23M=
Equity10/15€295k€340k▲
Contributions10/11€200k€200k=
Reserves13€95k€140k▲
Distributable reserves133€95k€140k▲
Amounts payable17/49€11.94M€11.89M▼
Amounts payable after more than one year17€11.22M€10.57M▼
Financial debts170/4€11.22M€10.57M▼
Amounts payable within one year42/48€716k€1.27M▲
Current portion of amounts payable after more than one year42€551k€554k▲
Trade debts44€98k€521k▲
Suppliers440/4€98k€521k▲
Taxes, remuneration and social security45€67k€40k▼
Taxes450/3€67k€40k▼
Other amounts payable47/48-€151k
Accrued charges and deferred income492/3€5k€53k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€969k€1.09M▲
Other operating charges640/8€52k€54k▲
Gross operating margin9900€1.39M€1.63M▲
Operating profit (loss)9901€373k€482k▲
Financial income75/76B€0€72▲
Recurring financial income75€0€72▲
Financial charges65/66B€357k€424k▲
Recurring financial charges65€357k€424k▲
Profit (loss) for the period before taxes9903€15k€58k▲
Income taxes67/77€3k€14k▲
Profit (loss) for the period9904€12k€44k▲
Profit (loss) for the period to be appropriated9905€12k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€44k▲
Transfer to equity691/2€12k€44k▲
To other reserves6921€12k€44k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €475k | €892k | €969k | €1.09M | ▲ 12.7% |
| Other operating charges640/8 | €5k | €49k | €52k | €54k | ▲ 3.9% |
| Gross operating margin9900 | €575k | €1.16M | €1.39M | €1.63M | ▲ 16.8% |
| Operating profit (loss)9901 | €94k | €219k | €373k | €482k | ▲ 29.3% |
| Financial income75/76B | €22k | €88 | €0 | €72 | - |
| Recurring financial income75 | €22k | €88 | €0 | €72 | - |
| Financial charges65/66B | €109k | €121k | €357k | €424k | ▲ 18.5% |
| Recurring financial charges65 | €109k | €121k | €357k | €424k | ▲ 18.5% |
| Profit (loss) for the period before taxes9903 | €7k | €97k | €15k | €58k | ▲ 282% |
| Income taxes67/77 | €1k | €19k | €3k | €14k | ▲ 366% |
| Profit (loss) for the period9904 | €5k | €78k | €12k | €44k | ▲ 261% |
| Profit (loss) for the period to be appropriated9905 | €5k | €78k | €12k | €44k | ▲ 261% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12.78M | €12.18M | €12.23M | €12.23M | = |
| Fixed assets21/28 | €12.07M | €11.80M | €11.48M | €11.16M | ▼ 2.8% |
| Tangible fixed assets22/27 | €12.07M | €11.80M | €11.48M | €11.16M | ▼ 2.8% |
| Land and buildings22 | €7.18M | €6.95M | €6.72M | €6.50M | ▼ 3.4% |
| Plant, machinery and equipment23 | €4.77M | €4.73M | €4.64M | €4.52M | ▼ 2.4% |
| Furniture and vehicles24 | €119k | €111k | €116k | €104k | ▼ 10.4% |
| Assets under construction and advance payments27 | - | - | - | €33k | - |
| Financial fixed assets28 | €2k | €0 | - | - | - |
| Current assets29/58 | €715k | €380k | €755k | €1.07M | ▲ 42.2% |
| Amounts receivable within one year40/41 | €600k | €166k | €132k | €600k | ▲ 354% |
| Trade receivables40 | €579k | €166k | €132k | €600k | ▲ 354% |
| Other amounts receivable41 | €21k | €0 | - | - | - |
| Cash at bank and in hand54/58 | €95k | €193k | €600k | €446k | ▼ 25.6% |
| Deferred charges and accrued income490/1 | €20k | €21k | €23k | €28k | ▲ 20.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12.78M | €12.18M | €12.23M | €12.23M | = |
| Equity10/15 | €205k | €283k | €295k | €340k | ▲ 14.9% |
| Contributions10/11 | €200k | €200k | €200k | €200k | = |
| Reserves13 | €5k | €83k | €95k | €140k | ▲ 46.2% |
| Distributable reserves133 | €5k | €83k | €95k | €140k | ▲ 46.2% |
| Amounts payable17/49 | €12.58M | €11.89M | €11.94M | €11.89M | ▼ 0.4% |
| Amounts payable after more than one year17 | €11.69M | €11.22M | €11.22M | €10.57M | ▼ 5.7% |
| Financial debts170/4 | €11.69M | €11.22M | €11.22M | €10.57M | ▼ 5.7% |
| Amounts payable within one year42/48 | €829k | €662k | €716k | €1.27M | ▲ 77.0% |
| Current portion of amounts payable after more than one year42 | €477k | €477k | €551k | €554k | ▲ 0.6% |
| Trade debts44 | €350k | €141k | €98k | €521k | ▲ 434% |
| Suppliers440/4 | €350k | €141k | €98k | €521k | ▲ 434% |
| Taxes, remuneration and social security45 | €1k | €43k | €67k | €40k | ▼ 39.8% |
| Taxes450/3 | €1k | €43k | €67k | €40k | ▼ 39.8% |
| Other amounts payable47/48 | - | - | - | €151k | - |
| Accrued charges and deferred income492/3 | €56k | €13k | €5k | €53k | ▲ 978% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €78k | €12k | €44k | ▲ 261% |
| + Depreciation and write-downs630 | €475k | €892k | €969k | €1.09M | ▲ 12.7% |
| Operating cash flow (approximation) | €481k | €970k | €981k | €1.14M | ▲ 15.8% |
| Investment in fixed assets (approximation) | - | €-618k | €-650k | €-774k | ▼ 19.0% |
| Change in cash | - | €98k | €407k | €-154k | ▼ 138% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2021net €78k ▲1,383%
Net result €78k, the highest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Hoogstraten · 1 establishment unit since 2020
Ground area
1.9 ha
Building footprint
1.0 ha
Volume, LiDAR
56 m³
Parcel 13014F0262/00C000, Flanders · tallest building 3.8 m. Linked by address, not a title deed.
1 establishment unit
DBD De Kluis
since 20202.303.095.348
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014F0262/00C000 | Flanders | 1.9 ha | 1 · 1.0 ha | 3.8 m |
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.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,427 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.