DBL Concepts
ActiveSummary
The computed 12-month bankruptcy probability of DBL Concepts is 1.8% (moderate). The 2025 annual accounts show equity of €851k and a net result of €126k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 7777 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-3
Solvency99▲+7
Growth52=
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 5.52 against 4.25 in 2024; short-term debt: 14.7% and cash: 12.4% of total assets), and 25.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
74.1%
Return on assets
10.9%
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 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
21 d late
2022
31 d late
2021
22 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€851k▲ 17.3%
2024 · €726k
2021: €202k
2022: €426k
2023: €713k
2024: €726k
2021 → 2025
Total assets
€1.15M▲ 6.4%
2024 · €1.08M
2021: €395k
2022: €819k
2023: €1.34M
2024: €1.08M
2021 → 2025
Net result
€126k▼ 11.7%
2024 · €142k
2021: €197k
2022: €224k
2023: €287k
2024: €142k
2021 → 2025
Working capital
€766k▲ 17.8%
2024 · €650k
2021: €187k
2022: €386k
2023: €663k
2024: €650k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€426k▲ 111%€713k▲ 67.4%€726k▲ 1.7%€851k▲ 17.3%
Operating result€255k-€304k▲ 19.1%€382k▲ 25.8%€192k▼ 49.9%€176k▼ 8.4%
Net result€197k-€224k▲ 13.4%€287k▲ 28.4%€142k▼ 50.5%€126k▼ 11.7%
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 fallen two years in a row; 2025 is 8% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.15M
Fixed assets
€213k ▼ 7.0%
Current assets
€935k ▲ 10.0%
Equity and liabilities €1.15M
Equity
€851k ▲ 17.3%
Debt
€297k ▼ 16.1%
Debt's share of the balance-sheet total falls from 32.8% to 25.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€208k▼
2024 · €211k
Cash flow
€158k▼
2024 · €161k
Current ratio
5.52▲
2024 · 4.25
Quick ratio
5.31▲
2024 · 4.11
Debt to equity
0.35▼
2024 · 0.49
ROE
14.8%▼
2024 · 19.6%
ROA
10.9%▼
2024 · 13.2%
Interest coverage
18.59▼
2024 · 23.20
Debt ≤ 1 year
€169k▼
2024 · €200k
Debt > 1 year
€126k▼
2024 · €154k
Income taxes
€42k▼
2024 · €45k
Staff costs
€61k▲
2024 · €9k
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.15M▲
Fixed assets21/28€229k€213k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€228k€209k▼
Land and buildings22€142k€134k▼
Plant, machinery and equipment23€292€7k▲
Furniture and vehicles24€86k€68k▼
Financial fixed assets28€1k€1k=
Current assets29/58€850k€935k▲
Stocks and contracts in progress3€28k€37k▲
Stocks30/36€28k€37k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€685k€746k▲
Trade receivables40€537k€685k▲
Other amounts receivable41€148k€61k▼
Cash at bank and in hand54/58€133k€142k▲
Deferred charges and accrued income490/1€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.15M▲
Equity10/15€726k€851k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€721k€846k▲
Amounts payable17/49€354k€297k▼
Amounts payable after more than one year17€154k€126k▼
Financial debts170/4€154k€126k▼
Amounts payable within one year42/48€200k€169k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€24k€39k▲
Suppliers440/4€24k€39k▲
Advances received on contracts in progress46€0€75k▲
Taxes, remuneration and social security45€12k€18k▲
Taxes450/3€5k€3k▼
Remuneration and social security454/9€7k€15k▲
Other amounts payable47/48€135k€8k▼
Accrued charges and deferred income492/3€221€1k▲
Income statement
Code20242025
Remuneration, social security and pensions62€9k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€32k▲
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€363
Gross operating margin9900€223k€273k▲
Operating profit (loss)9901€192k€176k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€187k€167k▼
Income taxes67/77€45k€42k▼
Profit (loss) for the period9904€142k€126k▼
Profit (loss) for the period to be appropriated9905€142k€126k▼
Appropriation of the result
Profit (loss) to be appropriated9906€851k€846k▼
Profit (loss) brought forward from the previous period14P€708k€721k▲
Profit to be distributed694/7€130k€0▼
Return on contributions (dividend)694€130k€0▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €126k ▼11.7%
Net result drops to €126k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
31-12
Financial
Highest result since 2021net €287k ▲28.4%
Operating result €382k, net result €287k, both a record.
31-12
Financial
Equity above €500kEq €713k ▲67.4%
3 profitable years in a row build equity to €713k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ternat · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosstraat 2211742 TernatGround area
1,109 m²
Building footprint
131 m²
Volume, LiDAR
815 m³
Parcel 23071A0023/00W000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DBL Concepts
since 20212.317.534.490
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071A0023/00W000 | Flanders | 1,109 m² | 1 · 131 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TOKA Solutions
BE 0897.739.057
Jabbeke · Eq €851,372
AR&B
BE 0712.598.919
Londerzeel · Eq €851,624
STEEL CONSTRUCT
BE 0866.006.397
Mouscron · Eq €851,673
WILLY BAES & ZONEN
BE 0431.424.821
Lochristi · Eq €848,928
VERSANCO
BE 0877.346.489
Anzegem · Eq €848,464
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,334 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.