DBV COLOR
ActiveSummary
The computed 12-month bankruptcy probability of DBV COLOR is 2.7% (moderate). The 2025 annual accounts show negative equity (-€89,702) and a net result of -€47,498. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 10645 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
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.62 in 2024; short-term debt: 139.9% and cash: 3.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-39.9%
Return on assets
-21.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€89,702
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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
40 d late
2024
53 d late
2023
23 d late
2022
85 d late
2021
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 9 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€89,702▼ 113%
2024 · -€42,203
Total assets
€224,564▲ 219%
2024 · €70,385
Net result
-€47,498▼ 65.7%
2024 · -€28,666
Working capital
-€89,945▼ 108%
2024 · -€43,269
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€14,326--€11,186▲ 21.9%-€984▲ 91.2%-€29,503▼ 2,897%-€47,333▼ 60.4%
Net result-€15,207below the sector's middle half--€11,629below the sector's middle half▲ 23.5%-€1,201below the sector's middle half▲ 89.7%-€28,666below the sector's middle half▼ 2,286%-€47,498below the sector's middle half▼ 65.7%
Equity-€10,707below the sector's middle half--€12,336below the sector's middle half▼ 15.2%-€13,538below the sector's middle half▼ 9.7%-€42,203below the sector's middle half▼ 212%-€89,702below the sector's middle half▼ 113%
Total assets€39,056below the sector's middle half-€39,819below the sector's middle half▲ 2.0%€32,834below the sector's middle half▼ 17.5%€70,385below the sector's middle half▲ 114%€224,564below the sector's middle half▲ 219%
Debt€49,763-€52,155▲ 4.8%€46,372▼ 11.1%€112,588▲ 143%€314,266▲ 179%
Working capital-€14,238below the sector's middle half--€15,046below the sector's middle half▼ 5.7%-€15,425below the sector's middle half▼ 2.5%-€43,269below the sector's middle half▼ 181%-€89,945below the sector's middle half▼ 108%
Solvency-27.4%below the sector's middle half--31.0%below the sector's middle half▼ 3.6pp-41.2%below the sector's middle half▼ 10.2pp-60.0%below the sector's middle half▼ 18.7pp-39.9%below the sector's middle half▲ 20.0pp
Current ratio0.71below the sector's middle half-0.71below the sector's middle half=0.67below the sector's middle half▼ 0.040.62below the sector's middle half▼ 0.050.71below the sector's middle half▲ 0.10
Return on assets (ROA)-38.9%below the sector's middle half--29.2%below the sector's middle half▲ 9.7pp-3.7%below the sector's middle half▲ 25.5pp-40.7%below the sector's middle half▼ 37.1pp-21.2%below the sector's middle half▲ 19.6pp
Staff (FTE)0.6below the sector's middle half0.9below the sector's middle half▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 stays negative: a loss of €47,333 in 2025 against €29,503 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €224,564
Fixed assets
€244 ▼ 77.1%
Current assets
€224,320 ▲ 224%
Equity and liabilities
Equity-€89,702
Debt€314,266
Equity is negative: debt (€314,266) exceeds the balance-sheet total (€224,564).
Key figures and ratios
EBITDA
-€46,511▼
2024 · -€28,682
Cash flow
-€46,676▼
2024 · -€27,844
Quick ratio
0.05▼
2024 · 0.31
Interest coverage
-80.34▼
2024 · -71.35
Debt ≤ 1 year
€314,266▲
2024 · €112,588
Staff costs
€32,317▲
2024 · €19,867
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
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 2.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 6,010 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €19,867 | €32,317 | ▲ 62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €578 | €822 | €822 | €822 | €822 | = |
| Other operating charges640/8 | €348 | €348 | €709 | €806 | €623 | ▼ 22.7% |
| Gross operating margin9900 | -€13,400 | -€10,016 | €547 | -€8,009 | -€13,572 | ▼ 69.5% |
| Operating profit (loss)9901 | -€14,326 | -€11,186 | -€984 | -€29,503 | -€47,333 | ▼ 60.4% |
| Financial income75/76B | €1 | €0 | - | €1,240 | €414 | ▼ 66.6% |
| Recurring financial income75 | €1 | €0 | - | €1,240 | €414 | ▼ 66.6% |
| Financial charges65/66B | €882 | €443 | €217 | €402 | €579 | ▲ 44.0% |
| Recurring financial charges65 | €882 | €443 | €217 | €402 | €579 | ▲ 44.0% |
| Profit (loss) for the period before taxes9903 | -€15,207 | -€11,629 | -€1,201 | -€28,666 | -€47,498 | ▼ 65.7% |
| Profit (loss) for the period9904 | -€15,207 | -€11,629 | -€1,201 | -€28,666 | -€47,498 | ▼ 65.7% |
| Profit (loss) for the period to be appropriated9905 | -€15,207 | -€11,629 | -€1,201 | -€28,666 | -€47,498 | ▼ 65.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,056 | €39,819 | €32,834 | €70,385 | €224,564 | ▲ 219% |
| Fixed assets21/28 | €3,531 | €2,709 | €1,887 | €1,066 | €244 | ▼ 77.1% |
| Tangible fixed assets22/27 | €3,531 | €2,709 | €1,887 | €1,066 | €244 | ▼ 77.1% |
| Plant, machinery and equipment23 | €3,531 | €2,709 | €1,887 | €1,066 | €244 | ▼ 77.1% |
| Current assets29/58 | €35,525 | €37,110 | €30,947 | €69,319 | €224,320 | ▲ 224% |
| Stocks and contracts in progress3 | €18,743 | €7,425 | €5,575 | €34,288 | €207,538 | ▲ 505% |
| Stocks30/36 | €18,743 | €7,425 | €5,575 | €34,288 | €207,538 | ▲ 505% |
| Amounts receivable within one year40/41 | €14,067 | €29,379 | €19,345 | €32,045 | €8,960 | ▼ 72.0% |
| Trade receivables40 | €13,956 | €28,530 | €19,072 | €24,315 | €5,673 | ▼ 76.7% |
| Other amounts receivable41 | €111 | €850 | €272 | €7,730 | €3,286 | ▼ 57.5% |
| Cash at bank and in hand54/58 | €2,716 | €305 | €6,027 | €2,986 | €7,823 | ▲ 162% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,056 | €39,819 | €32,834 | €70,385 | €224,564 | ▲ 219% |
| Equity10/15 | -€10,707 | -€12,336 | -€13,538 | -€42,203 | -€89,702 | ▼ 113% |
| Contributions10/11 | €4,500 | €14,500 | €14,500 | €14,500 | €14,500 | = |
| Profit (loss) carried forward14 | -€15,207 | -€26,836 | -€28,038 | -€56,703 | -€104,202 | ▼ 83.8% |
| Amounts payable17/49 | €49,763 | €52,155 | €46,372 | €112,588 | €314,266 | ▲ 179% |
| Amounts payable within one year42/48 | €49,763 | €52,155 | €46,372 | €112,588 | €314,266 | ▲ 179% |
| Trade debts44 | €15,858 | €23,064 | €21,793 | €53,407 | €154,096 | ▲ 189% |
| Suppliers440/4 | €15,858 | €23,064 | €21,793 | €53,407 | €154,096 | ▲ 189% |
| Taxes, remuneration and social security45 | €175 | €175 | €175 | €3,999 | €9,645 | ▲ 141% |
| Taxes450/3 | €175 | €175 | €175 | €0 | €4,219 | - |
| Remuneration and social security454/9 | - | - | - | €3,999 | €5,426 | ▲ 35.7% |
| Other amounts payable47/48 | €33,730 | €28,916 | €24,404 | €55,182 | €150,525 | ▲ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,207 | -€11,629 | -€1,201 | -€28,666 | -€47,498 | ▼ 65.7% |
| + Depreciation and write-downs630 | €578 | €822 | €822 | €822 | €822 | = |
| Operating cash flow (approximation) | -€14,629 | -€10,807 | -€379 | -€27,844 | -€46,676 | ▼ 67.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,411 | €5,722 | -€3,041 | €4,837 | ▲ 259% |
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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
08-06
State Gazette act
Capital & shares · Resignations & appointmentsShareholding · Director in office3 facts ▸
State Gazette act
Capital & shares · Resignations & appointments
Shareholding · Director in office3 facts ▸
- Board meeting, opdracht aan het bestuursorgaan om melding te maken in het vennootschapsdossier en bij de griffie van de bevoegde ondernemingsrechtbank, artikel 2:8 van het Wet…
- Shareholding, 28-03-2025, aandelenoverdracht
- Director in office, Domingo Verstraete (director)
2025
31-12
Financial
Weakest financial yearnet -€47,498
Net result drops to -€47,498, the lowest in the series.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 53 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wervik · 1 establishment unit since 2021
Ground area
1,805 m²
Building footprint
672 m²
Volume, LiDAR
3,295 m³
Parcel 33029B0146/00Z000, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
DBV COLOR
since 20212.315.538.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0146/00Z000 | Flanders | 1,805 m² | 1 · 672 m² | 5.5 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.
Articles of association
Other statement
One provision in the deed
Structure & network
Connections & network
No current directors or connected companies found in the register.
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 08-06-2026 ↗
- Domingo Verstraete all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
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Of 1,719 companies in this sector we hold annual accounts for 1,288. 603 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded31-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
46831Wholesale of construction materials, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765944167
Also
9925:BE0765944167
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.