Summary
DBE is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €600,037 and a net result of €250,188. Equity has been growing by about 64% per year since 2023. Its solvency ranks better than 78% of 9,750 sector peers (NACE 64, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-12-2022 Normal situation
- Activity
- Activities of holding companies NACE 64210and 2 others
- Establishment unit
- 2.339.550.819 8790 Waregem, since 02-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-11-2025
Financial position
- Profit
- €250,188
- ▲ 28.5%
- Equity
- €600,037
- ▲ 71.5%
- Total assets
- €747,403
- ▲ 78.0%
- 2025 accounts filed 28 days after the deadline
Signalsraises risk2025 accounts filed 28 days lateShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 3 accounts on average 6 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
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Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00477632.
Annual accounts 2025 filed on 28-08-2026 at the NBB all 3 filings
2023 to 2025, 3 financial years
The operating result for 2025 is 24% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as DBE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €681,000 and €971,000, founded between 2022 and 2023.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| DBE Waregem | 2022 | €747,403 | €600,037 | €313,375 | €250,188 | 2025 |
| DBF Dentergem | 2022 | €758,773 | €599,339 | €313,362 | €249,955 | 2025 |
| JEMECOH Knokke-Heist | 2022 | €971,123 | €734,700 | €354,318 | €271,787 | 2025 |
| Katrien Verdonck Kruisem | 2022 | €680,799 | €545,683 | €331,275 | €252,576 | 2025 |
| Midwest Consulting Oudenaarde | 2023 | €691,717 | €581,234 | €348,078 | €250,066 | 2025 |
| Broersbank Advies & Management Gent | 2022 | €689,489 | €573,796 | €355,705 | €263,753 | 2025 |
| DSG Holding Antwerpen | 2023 | €894,951 | €658,576 | €329,106 | €247,324 | 2026 |
They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €499 | €513 | €0 | ▼ 100% |
| Gross operating margin9900 | €192,686 | €253,701 | €313,375 | ▲ 23.5% |
| Operating profit (loss)9901 | €192,187 | €253,188 | €313,375 | ▲ 23.8% |
| Financial income75/76B | - | - | €13,752 | - |
| Recurring financial income75 | - | - | €13,752 | - |
| Financial charges65/66B | €41 | €202 | €210 | ▲ 3.9% |
| Recurring financial charges65 | €41 | €202 | €210 | ▲ 3.9% |
| Profit (loss) for the period before taxes9903 | €192,146 | €252,986 | €326,917 | ▲ 29.2% |
| Income taxes67/77 | €43,036 | €58,247 | €76,729 | ▲ 31.7% |
| Profit (loss) for the period9904 | €149,109 | €194,740 | €250,188 | ▲ 28.5% |
| Profit (loss) for the period to be appropriated9905 | €149,109 | €194,740 | €250,188 | ▲ 28.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €207,993 | €419,864 | €747,403 | ▲ 78.0% |
| Current assets29/58 | €207,993 | €419,864 | €747,403 | ▲ 78.0% |
| Amounts receivable within one year40/41 | €24,200 | €0 | - | - |
| Trade receivables40 | €24,200 | €0 | - | - |
| Current investments50/53 | - | €350,000 | €600,000 | ▲ 71.4% |
| Cash at bank and in hand54/58 | €183,793 | €69,864 | €147,403 | ▲ 111% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €207,993 | €419,864 | €747,403 | ▲ 78.0% |
| Equity10/15 | €155,109 | €349,849 | €600,037 | ▲ 71.5% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €149,109 | €343,849 | €594,037 | ▲ 72.8% |
| Distributable reserves133 | €149,109 | €343,849 | €594,037 | ▲ 72.8% |
| Amounts payable17/49 | €52,884 | €70,015 | €147,366 | ▲ 110% |
| Amounts payable within one year42/48 | €52,884 | €70,015 | €147,172 | ▲ 110% |
| Trade debts44 | - | €889 | €0 | ▼ 100% |
| Suppliers440/4 | - | €889 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €52,884 | €69,126 | €144,422 | ▲ 109% |
| Taxes450/3 | €50,134 | €66,376 | €144,422 | ▲ 118% |
| Remuneration and social security454/9 | €2,750 | €2,750 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | €2,750 | - |
| Accrued charges and deferred income492/3 | - | - | €195 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €149,109 | €194,740 | €250,188 | ▲ 28.5% |
| Operating cash flow (approximation) | €149,109 | €194,740 | €250,188 | ▲ 28.5% |
| Change in cash | - | -€113,929 | €77,539 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- DE BELS Eddy Georges Arthur 600 shares (100%) · €6,000 in cash
Capital transactions
- 30-12-2022 Incorporation · €6,000 · 600 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Indien geen bestuurder benoemd heeft enige aandeelhouder van rechtswege alle rechten en verplichtingen van bestuurder”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Enige aandeelhouder beslist alleen tot overdracht geheel of gedeeltelijk”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Tenzij akte van benoeming of rechterlijke uitspraak anders bepalen, alle handelingen nodig of dienstig voor vereffening conform 2:87 e.v…”
Articles of association, deed of 30-12-2022 (in Dutch)
Network & group
DBE shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DBE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-12
Gazette deed
IncorporationStarting capital €6,000 · Appointment: DE BELS Eddy Georges Arthur (director) · Founder · Capital contribution11 points ▸
- Incorporation, “DBE” (deed in Dutch)
- Founder, DE BELS Eddy Georges Arthur
- Other provision, 15-12-2022
- Other provision, “oprichtersaansprakelijkheid, onderricht over aansprakelijkheid bij faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk ontoereikend” (deed in Dutch)
- Capital contribution, €6,000
- Share issue, 600, “volledig volgestort” (deed in Dutch)
- Bank account, “bewijs van deponering bewaard in dossier instrumenterende notaris”, 6000 (deed in Dutch)
- Other provision, “vaststelling statuten, aandelen volledig geplaatst en volledig volgestort voor totaal 6000 EUR” (deed in Dutch)
- Registered office clause, “8790 Waregem,Langveld 11” (deed in Dutch)
- Director appointment, DE BELS Eddy Georges Arthur (director)
- Founding capital, €6,000
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34452B0486/00A002 | Flanders | 2,056 m² | 1 · 333 m² | 8.4 m · 1 |