dBram · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of dBram is 0.6% (low). The 2025 annual accounts show equity of €16k and a net result of €10k. Equity is shrinking by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 176 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.6% Low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€10k

Working capital€-7k+71.8%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 29-10-2025 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~25.3%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 90 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	17.4%	44.2%	better than 29% of 176 sector peers
Net result	€10k	€9k	better than 52% of 176 sector peers
Equity	€16k	€32k	better than 37% of 176 sector peers
Gross operating margin	€35k	€20k	better than 64% of 176 sector peers
Staff costs	€22	€34k	higher than 5% of 33 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P29

Stable position over 2022-2025 · n=176-619

Net result P52

Stable position over 2022-2025 · n=176-619

Equity P37

Weakening position over 2022-2025 · n=176-620

Gross operating margin P64

Weakening position over 2022-2025 · n=176-619

Describes the position versus peers, not a forecast.

EBITDA

€34k

-19.1% +14% vs sector

Net profit

€10k

- far above sector median

Cash flow

€32k

-23.1% +26% vs sector

Total assets

€94k

-28.8% -92% vs sector

Equity

€16k

+142.7% -97% vs sector

Working capital

€-7k

+71.8% far below sector median

Staff costs

€22

- -100% vs sector

Income taxes

€412

- -41% vs sector

Debt

€77k

-38.0% -77% vs sector

Debt ≤ 1y

€59k

-41.1% -81% vs sector

Debt > 1y

€18k

-25.4% -89% vs sector

Current ratio

0.88

+16.5% -78% vs sector

Quick ratio

0.82

+8.5% -80% vs sector

Solvency

17.4%

+240.8% -69% vs sector

Debt / equity

4.75

-74.5% far above sector median

ROE

58.8%

- far above sector median

ROA

10.2%

- far above sector median

Interest coverage

24.37

-89.3% +249% vs sector

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	-
EBITDA	€34k
Net profit	€10k
Cash flow	€32k
Staff costs	€22
Income taxes	€412
Dividends	-
Total assets	€94k
Equity	€16k
Debt	€77k
of which ≤ 1y	€59k
of which > 1y	€18k
Working capital	€-7k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.88
Quick ratio	0.82
Working capital ratio	-7.3%
Solvency	17.4%
Debt / equity	4.75
Long-term debt ratio	1.12
Interest coverage	24.37
Gross margin	-
Net margin	-
ROA	10.2%
ROE	58.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €41k · 44.2% Current assets €52k · 55.8%

Equity & liabilities

Equity €16k · 17.4% Debt €77k · 82.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€94k
Fixed assets	21/28	€41k
Tangible fixed assets	22/27	€41k
Financial fixed assets	28	€150
Current assets	29/58	€52k
Stocks & contracts in progress	3	€4k
Amounts receivable within one year	40/41	€16k
Cash & bank	54/58	€31k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€94k
Equity	10/15	€16k
Contributions / capital	10/11	€5k
Reserves	13	€16k
Accumulated profits (losses)	14	€-5k
Amounts payable	17/49	€77k
Amounts payable after one year	17	€18k
Amounts payable within one year	42/48	€59k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€35k
Operating result	9901	€11k
Financial income	75	€1
Financial charges	65	€1k
Result before taxes	9903	€10k
Income taxes	67/77	€412
Net result for the period	9904	€10k
Result to be appropriated	9905	€10k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

56 / 100 Fair

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location

dBram

Groeningestraat 15, 8870 IzegemGereedmaken en vervaardigen van bladen voor overheadprojectie (retroprojectie), tekeningen, layouts, dummies, enz.

since 20212.312.118.526

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area312 m²

Buildings1

Building footprint98 m²

Volume (LiDAR)612 m³

Tallest building11.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)