DBX Management
ActiveSummary
DBX Management has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48,375 and a net result of €104,775. Equity is growing by ~5.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-5
Solvency34▼-47
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.61 in 2024; short-term debt: 90.3% and cash: 20.3% of total assets), and 91.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
8.6%
Return on assets
18.6%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
21 d early
2024
20 d early
2023
19 d early
2022
3 d early
2021
2 d early
2020
1 d early
2019
38 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€48,375▼ 83.4%
2024 · €291,695
Total assets
€562,625▲ 8.3%
2024 · €519,506
Net result
€104,775▼ 11.7%
2024 · €118,631
Working capital
-€359,340▼ 368%
2024 · -€76,788
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
Line20212022202320242025
Operating result€116,015▼ 30.6%€96,415▼ 16.9%€128,609▲ 33.4%€128,657=€131,110▲ 1.9%
Net result€93,533▼ 23.7%€81,139▼ 13.3%€93,324▲ 15.0%€118,631▲ 27.1%€104,775▼ 11.7%
Equity€310,397▲ 43.1%€326,936▲ 5.3%€266,388▼ 18.5%€291,695▲ 9.5%€48,375▼ 83.4%
Total assets€561,775▲ 8.6%€481,703▼ 14.3%€490,923▲ 1.9%€519,506▲ 5.8%€562,625▲ 8.3%
Debt€251,378▼ 16.4%€154,767▼ 38.4%€224,534▲ 45.1%€227,811▲ 1.5%€514,250▲ 126%
Working capital€32,876€4,928▼ 85.0%-€78,390-€76,788▲ 2.0%-€359,340▼ 368%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €562,625
Fixed assets
€413,673 ▲ 3.9%
Current assets
€148,952 ▲ 22.7%
Equity and liabilities €562,625
Equity
€48,375 ▼ 83.4%
Debt
€514,250 ▲ 126%
Debt's share of the balance-sheet total rises from 43.9% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€132,858▲
2024 · €128,804
Cash flow
€106,523▼
2024 · €118,779
Current ratio
0.29▼
2024 · 0.61
Debt to equity
10.63▲
2024 · 0.78
ROE
216.6%▲
2024 · 40.7%
ROA
18.6%▼
2024 · 22.8%
Interest coverage
96.89▲
2024 · 71.36
Debt ≤ 1 year
€508,292▲
2024 · €198,204
Debt > 1 year
€5,958▼
2024 · €29,606
Income taxes
€33,472▲
2024 · €32,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7,217 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15 | €293 | €293 | €148 | €1,748 | ▲ 1,085% |
| Other operating charges640/8 | €503 | €649 | €623 | €632 | €653 | ▲ 3.2% |
| Non-recurring operating charges66A | €113 | - | - | €278 | - | - |
| Gross operating margin9900 | €116,647 | €97,357 | €129,525 | €129,715 | €133,511 | ▲ 2.9% |
| Operating profit (loss)9901 | €116,015 | €96,415 | €128,609 | €128,657 | €131,110 | ▲ 1.9% |
| Financial income75/76B | €11,673 | €10,061 | - | €24,257 | €8,508 | ▼ 64.9% |
| Recurring financial income75 | €11,673 | €10,061 | - | €24,257 | €8,508 | ▼ 64.9% |
| Financial charges65/66B | €3,084 | €3,051 | €2,502 | €1,805 | €1,371 | ▼ 24.0% |
| Recurring financial charges65 | €3,084 | €3,051 | €2,502 | €1,805 | €1,371 | ▼ 24.0% |
| Profit (loss) for the period before taxes9903 | €124,605 | €103,424 | €126,107 | €151,108 | €138,247 | ▼ 8.5% |
| Income taxes67/77 | €31,072 | €22,285 | €32,783 | €32,477 | €33,472 | ▲ 3.1% |
| Profit (loss) for the period9904 | €93,533 | €81,139 | €93,324 | €118,631 | €104,775 | ▼ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €93,533 | €81,139 | €93,324 | €118,631 | €104,775 | ▼ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €561,775 | €481,703 | €490,923 | €519,506 | €562,625 | ▲ 8.3% |
| Fixed assets21/28 | €398,327 | €398,034 | €397,740 | €398,090 | €413,673 | ▲ 3.9% |
| Tangible fixed assets22/27 | €865 | €571 | €278 | €627 | €16,211 | ▲ 2,484% |
| Plant, machinery and equipment23 | €865 | €571 | €278 | €627 | €1,122 | ▲ 78.9% |
| Furniture and vehicles24 | - | - | - | - | €15,089 | - |
| Financial fixed assets28 | €397,462 | €397,462 | €397,462 | €397,462 | €397,462 | = |
| Current assets29/58 | €163,448 | €83,670 | €93,183 | €121,416 | €148,952 | ▲ 22.7% |
| Amounts receivable within one year40/41 | €12,929 | €19,149 | €45,774 | €41,196 | €34,128 | ▼ 17.2% |
| Trade receivables40 | €11,671 | €17,751 | €45,774 | €41,196 | €34,128 | ▼ 17.2% |
| Other amounts receivable41 | €1,258 | €1,398 | - | - | - | - |
| Cash at bank and in hand54/58 | €149,530 | €63,043 | €46,967 | €78,721 | €114,265 | ▲ 45.2% |
| Deferred charges and accrued income490/1 | €989 | €1,477 | €441 | €1,499 | €559 | ▼ 62.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €561,775 | €481,703 | €490,923 | €519,506 | €562,625 | ▲ 8.3% |
| Equity10/15 | €310,397 | €326,936 | €266,388 | €291,695 | €48,375 | ▼ 83.4% |
| Contributions10/11 | €12,400 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €297,997 | €308,336 | €247,788 | €273,095 | €29,775 | ▼ 89.1% |
| Distributable reserves133 | €297,997 | €308,336 | €247,788 | €273,095 | €29,775 | ▼ 89.1% |
| Amounts payable17/49 | €251,378 | €154,767 | €224,534 | €227,811 | €514,250 | ▲ 126% |
| Amounts payable after more than one year17 | €120,805 | €76,025 | €52,962 | €29,606 | €5,958 | ▼ 79.9% |
| Financial debts170/4 | €120,805 | €76,025 | €52,962 | €29,606 | €5,958 | ▼ 79.9% |
| Amounts payable within one year42/48 | €130,572 | €78,742 | €171,573 | €198,204 | €508,292 | ▲ 156% |
| Current portion of amounts payable after more than one year42 | €46,498 | €42,757 | €23,064 | €23,355 | €23,648 | ▲ 1.3% |
| Trade debts44 | €3,693 | €6,877 | €7,987 | €4,978 | €7,742 | ▲ 55.5% |
| Suppliers440/4 | €3,693 | €6,877 | €7,987 | €4,978 | €7,742 | ▲ 55.5% |
| Taxes, remuneration and social security45 | €80,381 | €29,107 | €14,033 | €17,260 | €20,722 | ▲ 20.1% |
| Taxes450/3 | €80,381 | €29,107 | €14,033 | €17,260 | €20,722 | ▲ 20.1% |
| Other amounts payable47/48 | - | - | €126,489 | €152,611 | €456,179 | ▲ 199% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93,533 | €81,139 | €93,324 | €118,631 | €104,775 | ▼ 11.7% |
| + Depreciation and write-downs630 | €15 | €293 | €293 | €148 | €1,748 | ▲ 1,085% |
| Operating cash flow (approximation) | €93,548 | €81,433 | €93,618 | €118,779 | €106,523 | ▼ 10.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€497 | -€17,332 | ▼ 3,388% |
| Change in cash | - | -€86,487 | -€16,076 | €31,754 | €35,544 | ▲ 11.9% |
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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €81,139 ▼13.3%
Net result drops to €81,139, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €122,548 ▲47%
Operating result €167,229, net result €122,548, both a record.
31-12
Financial
Equity above €200,000Eq €216,864 ▲128%
2 profitable years in a row build equity to €216,864.
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Diest · 1 establishment unit since 2018
Ground area
752 m²
Building footprint
140 m²
Parcel 24120E0134/00D009, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DBX Management
since 20182.278.684.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24120E0134/00D009 | Flanders | 752 m² | 1 · 140 m² | - |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
24.73%
According to the 2025 annual accounts of DBX Management and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded16-07-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699937053
Also
9925:BE0699937053
Registered
15-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.