DBD Properties
ActiveSummary
DBD Properties has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.9m and a net result of €554,853. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+11
Solvency57▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €400,000 at 30 days acceptable
Liquidity ample (current ratio 4.22 against 0.15 in 2024; short-term debt: 5.5% and cash: 0.8% of total assets), but 68.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 2025Solvency, return and age of the figures
Solvency
31.9%
Return on assets
3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 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 · 9 filingsDeviation from the deadline
2025
53 d late
2024
12 d late
2023
27 d late
2022
168 d late
2021
21 d early
2020
31 d late
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€118,328
EBIT margin
176.3%
Net result
€554,853▲ 1,386%
2024 · €37,334
Working capital
€3.3m
2024 · -€2.9m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€408,532▼ 42.4%-€37,568-€11,972▲ 68.1%€93,226€387,272▲ 315%
Net result€234,319▼ 53.0%-€194,377-€57,974▲ 70.2%€37,334€554,853▲ 1,386%
EBIT margin
Equity€1.6m▼ 7.2%€1.4m▼ 12.0%€1.4m▼ 4.1%€2.0m▲ 47.7%€5.9m▲ 192%
Total assets€6.5m▼ 20.7%€6.0m▼ 8.4%€5.7m▼ 4.8%€6.2m▲ 9.1%€18.6m▲ 199%
Debt€4.9m▼ 24.4%€4.5m▼ 7.2%€4.3m▼ 5.0%€4.2m▼ 3.2%€10.4m▲ 149%
Working capital-€3.5m▼ 17.6%-€2.8m▲ 19.9%-€2.8m▼ 2.0%-€2.9m▼ 1.6%€3.3m
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 315% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.6m
Fixed assets
€14.2m ▲ 149%
Current assets
€4.3m ▲ 761%
Equity and liabilities €18.6m
Equity
€5.9m ▲ 192%
Provisions
€2.2m
Debt
€10.4m ▲ 149%
Debt's share of the balance-sheet total falls from 67.4% to 56.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€619,047▲
2024 · €123,111
Cash flow
€786,628▲
2024 · €67,220
Current ratio
4.22▲
2024 · 0.15
Quick ratio
3.86▲
2024 · 0.04
Debt to equity
1.76▼
2024 · 2.07
ROE
9.4%▲
2024 · 1.8%
ROA
3.0%▲
2024 · 0.6%
Interest coverage
3.22▲
2024 · 2.20
Debt ≤ 1 year
€1.0m▼
2024 · €3.4m
Debt > 1 year
€9.3m▲
2024 · €645,750
Income taxes
€382,816
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €78,573 | €618,690 | ▲ 687% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,961 | €32,914 | €32,914 | €29,886 | €231,775 | ▲ 676% |
| Other operating charges640/8 | €16,475 | €9,934 | €6,885 | €6,662 | €33,035 | ▲ 396% |
| Gross operating margin9900 | €457,968 | €5,280 | €27,826 | €129,773 | €652,082 | ▲ 402% |
| Operating profit (loss)9901 | €408,532 | -€37,568 | -€11,972 | €93,226 | €387,272 | ▲ 315% |
| Financial income75/76B | €45,557 | €4,912 | €3 | €1 | €451,632 | ▲ 49,629,774% |
| Recurring financial income75 | €45,557 | €4,912 | €3 | €1 | €451,632 | ▲ 49,629,774% |
| Financial charges65/66B | €134,469 | €163,000 | €46,005 | €55,893 | €192,331 | ▲ 244% |
| Recurring financial charges65 | €134,469 | €163,000 | €46,005 | €55,893 | €192,331 | ▲ 244% |
| Profit (loss) for the period before taxes9903 | €319,620 | -€195,657 | -€57,974 | €37,334 | €646,573 | ▲ 1,632% |
| Transfer from deferred taxes780 | - | - | - | - | €445,769 | - |
| Transfer to deferred taxes680 | - | - | - | - | €154,673 | - |
| Income taxes67/77 | €85,301 | -€1,280 | €0 | - | €382,816 | - |
| Profit (loss) for the period9904 | €234,319 | -€194,377 | -€57,974 | €37,334 | €554,853 | ▲ 1,386% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €464,018 | - |
| Profit (loss) for the period to be appropriated9905 | €234,319 | -€194,377 | -€57,974 | €37,334 | €90,835 | ▲ 143% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.5m | €6.0m | €5.7m | €6.2m | €18.6m | ▲ 199% |
| Fixed assets21/28 | €5.3m | €5.2m | €5.2m | €5.7m | €14.2m | ▲ 149% |
| Tangible fixed assets22/27 | €993,345 | €960,432 | €927,518 | €1.4m | €13.1m | ▲ 814% |
| Land and buildings22 | €993,345 | €960,432 | €927,518 | €1.4m | €13.1m | ▲ 814% |
| Financial fixed assets28 | €4.3m | €4.3m | €4.3m | €4.3m | €1.2m | ▼ 72.9% |
| Current assets29/58 | €1.3m | €742,624 | €490,600 | €504,032 | €4.3m | ▲ 761% |
| Stocks and contracts in progress3 | €366,667 | €371,024 | €371,024 | €371,024 | €371,024 | = |
| Stocks30/36 | €366,667 | €371,024 | €371,024 | €371,024 | €371,024 | = |
| Amounts receivable within one year40/41 | €753,207 | €107,730 | €847 | €1,911 | €2.4m | ▲ 125,848% |
| Trade receivables40 | €713,207 | - | €847 | €1,911 | €44,133 | ▲ 2,209% |
| Other amounts receivable41 | €40,000 | €107,730 | €0 | - | €2.4m | - |
| Current investments50/53 | - | - | - | - | €1.4m | - |
| Cash at bank and in hand54/58 | €2,608 | €150,589 | €5,191 | €17,541 | €154,842 | ▲ 783% |
| Deferred charges and accrued income490/1 | €136,774 | €113,281 | €113,538 | €113,555 | €4,924 | ▼ 95.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.5m | €6.0m | €5.7m | €6.2m | €18.6m | ▲ 199% |
| Equity10/15 | €1.6m | €1.4m | €1.4m | €2.0m | €5.9m | ▲ 192% |
| Contributions10/11 | €626,000 | €626,000 | €626,000 | €626,000 | €647,000 | ▲ 3.4% |
| Outside capital11 | - | €626,000 | - | - | - | - |
| Other1109/19 | - | €626,000 | - | - | - | - |
| Revaluation surpluses12 | - | - | - | €617,199 | €3.3m | ▲ 437% |
| Reserves13 | €997,402 | €803,025 | €745,051 | €782,385 | €2.2m | ▲ 175% |
| Non-distributable reserves130/1 | €62,600 | €62,600 | €62,600 | €0 | - | - |
| Legal reserve130 | - | €62,600 | - | - | - | - |
| Reserves not available under the articles1311 | €62,600 | - | €62,600 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €1.0m | - |
| Distributable reserves133 | €934,802 | €740,425 | €682,451 | €782,385 | €1.1m | ▲ 44.4% |
| Profit (loss) carried forward14 | - | - | - | - | -€198,740 | - |
| Provisions and deferred taxes16 | - | - | - | - | €2.2m | - |
| Deferred taxes168 | - | - | - | - | €2.2m | - |
| Amounts payable17/49 | €4.9m | €4.5m | €4.3m | €4.2m | €10.4m | ▲ 149% |
| Amounts payable after more than one year17 | - | €734,620 | €690,855 | €645,750 | €9.3m | ▲ 1,341% |
| Financial debts170/4 | - | €734,620 | €690,855 | €645,750 | €7.5m | ▲ 1,057% |
| Other amounts payable178/9 | - | - | - | - | €1.8m | - |
| Amounts payable within one year42/48 | €4.7m | €3.5m | €3.3m | €3.4m | €1.0m | ▼ 69.6% |
| Current portion of amounts payable after more than one year42 | - | €42,463 | €43,764 | €45,105 | €242,368 | ▲ 437% |
| Financial debts43 | €2.3m | €970,000 | €0 | - | - | - |
| Credit institutions430/8 | €2.3m | €970,000 | €0 | - | - | - |
| Trade debts44 | €32,638 | €123,890 | €29,164 | €3,568 | €219,733 | ▲ 6,058% |
| Suppliers440/4 | €32,638 | €123,890 | €29,164 | €3,568 | €219,733 | ▲ 6,058% |
| Taxes, remuneration and social security45 | €85,301 | - | - | - | €559,437 | - |
| Taxes450/3 | €85,301 | - | - | - | €559,437 | - |
| Other amounts payable47/48 | €2.4m | €2.4m | €3.2m | €3.3m | €5,779 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | €177,625 | €296,243 | €309,636 | €156,477 | €90,280 | ▼ 42.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €234,319 | -€194,377 | -€57,974 | €37,334 | €554,853 | ▲ 1,386% |
| + Depreciation and write-downs630 | €32,961 | €32,914 | €32,914 | €29,886 | €231,775 | ▲ 676% |
| Operating cash flow (approximation) | €267,280 | -€161,464 | -€25,060 | €67,220 | €786,628 | ▲ 1,070% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€531,867 | -€8.8m | ▼ 1,547% |
| Change in cash | - | €147,981 | -€145,398 | €12,350 | €137,301 | ▲ 1,012% |
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
Next filing, fiscal year 2026, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 53 days late
2025
31-12
Financial
Highest result since 2018net €554,853 ▲1,386%
Net result €554,853, the highest in the series.
31-12
Financial
Liquidity times 28current ratio 4.22
Current ratio from 0.15 to 4.22; short-term debt falls from €3.4m to €1.0m.
31-12
Financial
Equity above €5mEq €5.9m ▲192%
2 profitable years in a row build equity to €5.9m.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Back to profitnet €37,334
Net result €37,334 after 2 loss-making years.
31-12
Financial
Equity above €2mEq €2.0m ▲47.7%
Equity rises from €1.4m to €2.0m.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 168 days late
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €498,983
Net result €498,983 after one loss-making year.
Show earlier events
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
31-12
Financial
Weakest financial yearnet -€316,226
Net result drops to -€316,226, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Gent · 1 establishment unit since 2016
Ground area
4,696 m²
Building footprint
913 m²
Volume, LiDAR
14,514 m³
2 parcels, Flanders · tallest building 23.9 m, ±6 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
DBD Properties
since 20162.252.816.882
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0281/00S000 | Flanders | 3,123 m² | 1 · 475 m² | 23.9 m · 5 fl. |
| 44809I0557/00T000 | Flanders | 1,573 m² | 1 · 438 m² | 20.0 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,143 companies in sector 68201 we hold annual accounts for 6,769. 2,913 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
Founded02-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68110Buying and selling of own real estate
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.