Equity
€1.2m ▼ 7.1%
DBF - MANAGEMENT paid out €80,000 in dividends in a year with a loss of €7,636.
DBF - MANAGEMENT
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1993peak €1.4m (2022)
-€42,432▲ €15,618
lowest -€155,535 (2024)
-€7,636▲ €20,024
peak €2.2m (2017)
€1.2m▼ 7.1%
€80,199▲ 33×
peak 0 FTE (2023)
-not published
Board6 names since 2019
5 directorsDe Belder Stefanie and 4 others
Owners
Documentsfilings and deeds
22-10-2026101 days before the deadline
2026abbreviated format
Gross margin from -€58,050 to -€42,432Loss of €7,636Dividend €80,000Debts from €2,453 to €80,199Investments €25,556Cash from €35,997 to €54,930
Key points
from the 2026 annual accountsLosses
-€214,503 in four years
Every financial year from 2023 to 2026 closed with a loss. 2024 was the heaviest.
Investments
€25,556 2.8 × depreciation
Green is investment, beige is depreciation.
Turnover not published (abbreviated or micro format)
Checked score
93
Excellent
Financially stronger than 48% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025highest value
12-2025: 0.2%● unchanged vs 11-2025
01-2026: < 0.1%▼ -0.2 percentage points vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €1.2m
Founded in 1992
Equity €1.2m (93.5% of total assets)
Figures for financial year 2026 (filed on 22-10-2026)
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 73, micro). It does better than 87% of them on solvency, 47% on liquidity, 24% on profitability and 33% 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 30-06-2026.
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, 8,617 companies had the same profile as DBF - MANAGEMENT has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DBF - MANAGEMENT itself: < 0.1% 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 8,617 companies, not a prediction for DBF - MANAGEMENT. 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 €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 15.08, above the usual 1.5. Short-term debt is 6.5% and cash 4.5% of total assets. 6.5% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 22-10-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
101 days early
2025
57 days early
2024
100 days early
2023
27 days early
2022
19 days early
2021
3 days early
2020
20 days early
← 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 47 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 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 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 5 December (4 of the last 5 accounts filed within 43 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-06-2027 year end31-01-2028 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447089529
Appointment: Van Dyck Christel (director)
General meeting of 29-12-2023 · Gazette deed
Registered office moved from Schelle to Kapellen
New registered office: Hoogboomsteenweg 110, 2950 Kapellen · Previous registered office: Brandekensweg 92, 2627 Schelle · Reappointments: De Belder Kristiaan, De Belder Stefanie, De Belder Valerie and Marc's Immo NV · General meeting of 31-12-2021 · Gazette deed
2 directors appointed, 1 resignation
Appointments: De Belder Stefanie and De Belder Valérie · Resignation: Van Der Wal NV · Permanent representative: De Belder Kristiaan · General meeting of 04-11-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DBF - MANAGEMENT Kapellen | €1.2m | -€42,432 | 93.5% | - |
| F.V. CONSULT Dilbeek | €1.2m | -€33,676 | 80.3% | - |
| Michils - Vandenberghe Company Koekelberg | €1.1m | -€96,799 | 99.2% | - |
| BALMAR Kortrijk | €1.1m | -€12,213 | 99.2% | - |
| DELBIMAC Izegem | €1.4m | €662 | 40.5% | - |
| Fimi Belgium Lanaken | €1.0m | -€39,735 | -157.2% | - |
| PINTALI Antwerp | €0.9m | -€9,903 | 49.0% | - |
These companies have the same main activity as DBF - MANAGEMENT: market research and public opinion polling (NACE 73200). They are comparable in size and age: total assets between €920,000 and €1.4m, founded between 1990 and 1993.
Official details
Source: KBO- Status
- Active since 03-04-1992Normal situation
- Activity
- Market research and public opinion pollingNACE 73200
- Establishment unit
- 2.057.327.2402950 Kapellen, since 30-04-1992
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Annual accounts to 30-06-2026
- €1.2m▼ 0.8%
- Filing
- Filed on 22-10-2026, 101 days before the end of the filing period
Insights on DBF - MANAGEMENT
DBF - MANAGEMENT files the abbreviated format. That format states no turnover. The gross margin fell from €107,543 in 2007 to -€42,432 in 2026.
In February 2022, the Official Gazette published the appointment of De Belder Kristiaan as managing director.
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 DBF - MANAGEMENT
- What is the company number of DBF - MANAGEMENT?
- The company number of DBF - MANAGEMENT is 0447.089.529. The VAT number is the same number with BE in front: BE 0447.089.529.
- Where is DBF - MANAGEMENT based?
- The registered office is at Hoogboomsteenweg 110, 2950 Kapellen.Company details
- What does DBF - MANAGEMENT do?
- According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
- What is the legal form of DBF - MANAGEMENT?
- DBF - MANAGEMENT is a public limited company (NV).
- When was DBF - MANAGEMENT founded?
- DBF - MANAGEMENT was founded on 03-04-1992.
- Is DBF - MANAGEMENT still active?
- Yes, DBF - MANAGEMENT is an active enterprise in the KBO register.
- What is the turnover of DBF - MANAGEMENT?
- The annual accounts for financial year 2026 state no turnover. The abbreviated or micro format does not require it.Financials
- Is DBF - MANAGEMENT profitable?
- In financial year 2026, DBF - MANAGEMENT made a loss of €7,636.
- Where can I find the annual accounts of DBF - MANAGEMENT?
- DBF - MANAGEMENT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of DBF - MANAGEMENT due?
- DBF - MANAGEMENT must file the annual accounts for financial year 2027 by 31-01-2028.Timeline
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