Result
€554,853 ▲ 15×
The result rose in 2025: mostly from a one-off income of €618,690.
DBD Properties
Lifetime
9 annual accounts with figures on one time axispeak €1.3m (2017)
€652,082▲ 402%
lowest -€316,226 (2019)
€554,853▲ 15×
peak €5.9m (2025)
€5.9m▲ 192%
€10.4m▲ 149%
peak 0 FTE (2023)
0 FTE
Board4 names since 2019
2 directorsLDB Investments and 1 other
Owners4 names in the annual accounts
50.16%infoWORKS and 1 other
Documentsfilings and deeds
22-09-202653 days late
2025abbreviated format
Key points
from the 2025 annual accountsDebts
€10.4m ▲ 149%
Debts rose by €6.2m in 2025.
Investments
€14.1m 60.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 814.5% higher than in 2024.
Liquidity
4.22 was 0.15 in 2024
Short-term debts fell from €3.4m to €1.0m.
Filings
9 annual accounts 7 late
The 2022 accounts came latest: 168 days after the end of the period.
Restructuring
2
2 restructurings since 2025. Latest: merger with DBD Homes.
Checked score
92
Excellent
Financially stronger than 68% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%▲ +0.1 percentage points vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.5%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.6%▼ -0.9 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.3 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.2 percentage points vs 07-2026
09-2026: 0.8%▲ +0.2 percentage points vs 08-2026
10-2026: 0.2%▼ -0.6 percentage points vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 53 days late; 1 of the last 3 accounts late
Liquidity: current ratio 4.22, cash €154,842
lowers risk
Size: total assets €18.6m
Figures for financial year 2025 (filed on 23-09-2026)
Calculation
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 68, medium-sized). It does better than 55% of them on solvency, 66% on liquidity, 58% on profitability and 96% on growth.
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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 544 companies had the same profile as DBD Properties has now. Each dot stands for 2 companies, two years later.
93.6%
were still trading
5.9%
stopped another way
0.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DBD Properties itself: 0.2% within 12 months.
Test of the method
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 544 companies, not a prediction for DBD Properties. 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.
Credit verdict
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.22 (0.15 in 2024), above the usual 1.5. Short-term debt is 5.5% and cash 0.8% of total assets. However, 68.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 53 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
53 days late
2024
12 days late
2023
27 days late
2022
168 days late
2021
21 days early
2020
31 days late
2019
42 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- infoWORKS 50.16%score 94equity €895,462 (2025) · 2025 annual accounts of infoWORKS
- AD CONSTRUCT 50%2021 annual accounts of AD CONSTRUCT
- LDB Investments 50%score 92equity €650,231 (2025) · 2025 annual accounts of LDB Investments
Shares in 1 company, De Sutter
Board & ownershipRecent changes
Environmental permit granted
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Aalter
Amendment of the articles
General meeting of 12-02-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649556441
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DBD Properties Ghent | €18.6m | €0.7m | 31.9% | 0 |
| A-BUILDING Bocholt | €14.5m | €0.7m | 10.1% | 0 |
| MARNIX 21-22 Ixelles | €27.0m | €0.5m | 99.6% | 0 |
| BROLIN Lokeren | €11.3m | €0.5m | 9.0% | 0 |
| SCHUTTE INVEST Deinze | €20.6m | €0.5m | 87.2% | 0 |
| MAHY Ghent | €13.5m | €0.3m | 33.9% | 0 |
| JANTHO Antwerp | €18.5m | €1.0m | 14.9% | 0.2 |
These companies have the same main activity as DBD Properties: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €11m and €27m, founded between 2006 and 2019.
Official details
Source: KBO- Status
- Active since 02-03-2016Normal situation
- Registered office
- 16 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 3 others
- Establishment unit
- 2.252.816.8829000 Ghent, since 02-03-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 14-08-2025
Insights on DBD Properties
DBD Properties files the abbreviated format. That format states no turnover. The gross margin fell from €1.3m in 2017 to €652,082 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
infoWORKS holds 50.16% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DBD Properties
- What is the company number of DBD Properties?
- The company number of DBD Properties is 0649.556.441. The VAT number is the same number with BE in front: BE 0649.556.441.
- Where is DBD Properties based?
- The registered office is at Putkapelstraat 103, 9051 Ghent.Company details
- What does DBD Properties do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of DBD Properties?
- DBD Properties is a private limited company (BV).
- When was DBD Properties founded?
- DBD Properties was founded on 02-03-2016.
- Is DBD Properties still active?
- Yes, DBD Properties is an active enterprise in the KBO register.
- What is the turnover of DBD Properties?
- The turnover in financial year 2025 is ≈ €730,000. This figure is estimated from the gross margin of €652,082 and 38 comparable companies (NACE 68201). It probably lies between €650,000 and €810,000. In financial year 2018 turnover was €118,328.Financials
- Is DBD Properties profitable?
- In financial year 2025, DBD Properties made a profit of €554,853.
- Where can I find the annual accounts of DBD Properties?
- DBD Properties filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DBD Properties due?
- DBD Properties must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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