DBOXX
ActiveSummary
The computed 12-month bankruptcy probability of DBOXX is 2.2% (moderate). The 2025 annual accounts show equity of €26,679 and a net result of €3,243. Equity is growing by ~71.9% per year across the filed fiscal years. Its solvency ranks better than 16% of 28184 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
Axes · tick = 2024
Profitability71▼-14
Solvency38▼-8
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 2.21 against 1.54 in 2024; short-term debt: 29.9% and cash: 13.1% of total assets), but 87.3% of the assets are financed with debt.
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Signals
Five 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
Specialised construction activities (NACE 43)
about 85% more 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
12.7%
Return on assets
1.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 28184 sector peers (2025).
NBB · sector comparisonPosition among 28184 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
6 d early
2023
on the day
2022
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€26,679▲ 13.8%
2024 · €23,436
Total assets
€210,839▲ 88.9%
2024 · €111,628
Net result
€3,243▼ 77.8%
2024 · €14,614
Working capital
€76,079▲ 293%
2024 · €19,379
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
Line2022202320242025
Operating result-€26,283-€26,894€19,601▼ 27.1%€6,002▼ 69.4%
Net result-€27,245-€26,067€14,614▼ 43.9%€3,243▼ 77.8%
Equity-€17,245-€8,822€23,436▲ 166%€26,679▲ 13.8%
Total assets€71,411-€176,494▲ 147%€111,628▼ 36.8%€210,839▲ 88.9%
Debt€88,656-€167,673▲ 89.1%€88,193▼ 47.4%€184,160▲ 109%
Working capital€10,031-€109,898▲ 996%€19,379▼ 82.4%€76,079▲ 293%
Staff (FTE)1.6-1.9▲ 18.8%1.8▼ 5.3%2.7▲ 50.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Total assets +147% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210,839
Fixed assets
€71,639 ▲ 26.6%
Current assets
€139,200 ▲ 153%
Equity and liabilities €210,839
Equity
€26,679 ▲ 13.8%
Debt
€184,160 ▲ 109%
Debt's share of the balance-sheet total rises from 79.0% to 87.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,746▼
2024 · €35,815
Cash flow
€20,988▼
2024 · €30,828
Current ratio
2.21▲
2024 · 1.54
Quick ratio
1.75▲
2024 · 1.54
Debt to equity
6.90▲
2024 · 3.76
ROE
12.2%▼
2024 · 62.4%
ROA
1.5%▼
2024 · 13.1%
Interest coverage
7.56▼
2024 · 45.68
Debt ≤ 1 year
€63,120▲
2024 · €35,676
Debt > 1 year
€100,749▲
2024 · €52,517
Income taxes
€1,455▼
2024 · €4,211
Staff costs
€134,163▲
2024 · €88,160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,541 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4,634 | €81,973 | €88,160 | €134,163 | ▲ 52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,344 | €9,404 | €16,214 | €17,745 | ▲ 9.4% |
| Other operating charges640/8 | €1,322 | €840 | €1,196 | €1,048 | ▼ 12.4% |
| Gross operating margin9900 | -€16,983 | €119,111 | €125,171 | €158,957 | ▲ 27.0% |
| Operating profit (loss)9901 | -€26,283 | €26,894 | €19,601 | €6,002 | ▼ 69.4% |
| Financial income75/76B | €1 | €3 | €8 | €1,840 | ▲ 22,898% |
| Recurring financial income75 | €1 | €3 | €8 | €1,840 | ▲ 22,898% |
| Financial charges65/66B | €963 | €830 | €784 | €3,143 | ▲ 301% |
| Recurring financial charges65 | €963 | €830 | €784 | €3,143 | ▲ 301% |
| Profit (loss) for the period before taxes9903 | -€27,245 | €26,067 | €18,825 | €4,699 | ▼ 75.0% |
| Income taxes67/77 | - | - | €4,211 | €1,455 | ▼ 65.4% |
| Profit (loss) for the period9904 | -€27,245 | €26,067 | €14,614 | €3,243 | ▼ 77.8% |
| Profit (loss) for the period to be appropriated9905 | -€27,245 | €26,067 | €14,614 | €3,243 | ▼ 77.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €71,411 | €176,494 | €111,628 | €210,839 | ▲ 88.9% |
| Fixed assets21/28 | €35,316 | €28,411 | €56,573 | €71,639 | ▲ 26.6% |
| Tangible fixed assets22/27 | €35,316 | €28,411 | €56,573 | €71,639 | ▲ 26.6% |
| Plant, machinery and equipment23 | €16,997 | €15,539 | €4,542 | €23,598 | ▲ 420% |
| Furniture and vehicles24 | €18,319 | €12,873 | €7,427 | €10,453 | ▲ 40.8% |
| Other tangible fixed assets26 | - | - | €44,605 | €37,588 | ▼ 15.7% |
| Current assets29/58 | €36,095 | €148,083 | €55,055 | €139,200 | ▲ 153% |
| Stocks and contracts in progress3 | - | - | - | €28,533 | - |
| Stocks30/36 | - | - | - | €28,533 | - |
| Amounts receivable within one year40/41 | €9,090 | €88,331 | €8,695 | €26,391 | ▲ 204% |
| Trade receivables40 | €33 | €87,120 | €1,292 | €9,702 | ▲ 651% |
| Other amounts receivable41 | €9,058 | €1,211 | €7,403 | €16,689 | ▲ 125% |
| Current investments50/53 | - | - | - | €50,658 | - |
| Cash at bank and in hand54/58 | €24,122 | €54,893 | €43,112 | €27,607 | ▼ 36.0% |
| Deferred charges and accrued income490/1 | €2,883 | €4,859 | €3,248 | €6,011 | ▲ 85.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €71,411 | €176,494 | €111,628 | €210,839 | ▲ 88.9% |
| Equity10/15 | -€17,245 | €8,822 | €23,436 | €26,679 | ▲ 13.8% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | - | - | €13,436 | €16,679 | ▲ 24.1% |
| Distributable reserves133 | - | - | €13,436 | €16,679 | ▲ 24.1% |
| Profit (loss) carried forward14 | -€27,245 | -€1,178 | €0 | - | - |
| Amounts payable17/49 | €88,656 | €167,673 | €88,193 | €184,160 | ▲ 109% |
| Amounts payable after more than one year17 | €62,593 | €57,487 | €52,517 | €100,749 | ▲ 91.8% |
| Financial debts170/4 | €62,593 | €57,487 | €52,517 | €100,749 | ▲ 91.8% |
| Amounts payable within one year42/48 | €26,064 | €38,186 | €35,676 | €63,120 | ▲ 76.9% |
| Current portion of amounts payable after more than one year42 | €4,947 | €5,105 | €4,970 | €1,767 | ▼ 64.4% |
| Financial debts43 | €201 | €281 | €1,000 | €0 | ▼ 100% |
| Credit institutions430/8 | €201 | €0 | €1,000 | €0 | ▼ 100% |
| Other loans439 | - | €281 | €0 | - | - |
| Trade debts44 | €20,860 | €16,648 | €20,360 | €49,571 | ▲ 143% |
| Suppliers440/4 | €20,860 | €16,648 | €20,360 | €49,571 | ▲ 143% |
| Taxes, remuneration and social security45 | - | €16,096 | €9,264 | €11,556 | ▲ 24.7% |
| Taxes450/3 | - | €10,988 | €6,863 | €1,460 | ▼ 78.7% |
| Remuneration and social security454/9 | - | €5,108 | €2,401 | €10,096 | ▲ 321% |
| Other amounts payable47/48 | €55 | €55 | €82 | €226 | ▲ 177% |
| Accrued charges and deferred income492/3 | - | €72,000 | €0 | €20,290 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,245 | €26,067 | €14,614 | €3,243 | ▼ 77.8% |
| + Depreciation and write-downs630 | €3,344 | €9,404 | €16,214 | €17,745 | ▲ 9.4% |
| Operating cash flow (approximation) | -€23,902 | €35,472 | €30,828 | €20,988 | ▼ 31.9% |
| Investment in fixed assets (approximation) | - | -€2,500 | -€44,376 | -€32,810 | ▲ 26.1% |
| Change in cash | - | €30,771 | -€11,781 | -€15,506 | ▼ 31.6% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €26,067
Net result €26,067 after one loss-making year.
30-09
Financial
Liquidity triplescurrent ratio 3.88
Current ratio from 1.38 to 3.88.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Willebroek · 1 establishment unit since 2021
Ground area
1,130 m²
Building footprint
191 m²
Volume, LiDAR
1,182 m³
Parcel 12036A0467/00M000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DBOXX
since 20212.324.415.552
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12036A0467/00M000 | Flanders | 1,130 m² | 1 · 191 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 3,150 EUR awarded · 3,150 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 930 EUR | 930 EUR |
| 2023 | 1 | 2,220 EUR | 2,220 EUR |
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,615 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
Founded26-11-2021
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
E-invoicing
Reachable via Peppol
Peppol ID
0208:0777756490
Also
9925:BE0777756490
Registered
31-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.