DC Insurance
ActiveSummary
DC Insurance has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €186k and a net result of €46k. Equity is growing by ~25.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▼-4
Solvency51▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 2.02 against 2.25 in 2023; short-term debt: 23.1% and cash: 4.8% of total assets), but 74.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-11-2025, 104 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
104 d late
2023
28 d late
2022
44 d late
2021
122 d late
2020
28 d late
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€186k▲ 0.3%
2023 · €186k
2018: €63k
2019: €58k
2020: €48k
2021: €96k
2022: €120k
2023: €186k
2018 → 2024
Total assets
€727k▲ 8.5%
2023 · €670k
2018: €243k
2019: €232k
2020: €218k
2021: €235k
2022: €258k
2023: €670k
2018 → 2024
Net result
€46k▼ 31.0%
2023 · €66k
2018: €31k
2019: €31k
2020: €38k
2021: €50k
2022: €24k
2023: €66k
2018 → 2024
Working capital
€170k▲ 30.9%
2023 · €130k
2018: €66k
2019: €67k
2020: €40k
2021: €98k
2022: €109k
2023: €130k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€48k-€96k▲ 99.3%€120k▲ 25.4%€186k▲ 55.2%€186k▲ 0.3%
Operating result€48k-€66k▲ 36.1%€39k▼ 41.4%€105k▲ 172%€82k▼ 21.9%
Net result€38k-€50k▲ 31.8%€24k▼ 51.9%€66k▲ 173%€46k▼ 31.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €727k
Fixed assets
€389k ▼ 10.6%
Current assets
€338k ▲ 44.1%
Equity and liabilities €727k
Equity
€186k ▲ 0.3%
Debt
€541k ▲ 11.7%
Debt's share of the balance-sheet total rises from 72.3% to 74.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€128k▲
2023 · €123k
Cash flow
€92k▲
2023 · €83k
Current ratio
2.02▼
2023 · 2.25
Debt to equity
2.90▲
2023 · 2.60
ROE
24.4%▼
2023 · 35.6%
ROA
6.3%▼
2023 · 9.9%
Interest coverage
6.18▼
2023 · 15.55
Debt ≤ 1 year
€168k▲
2023 · €104k
Debt > 1 year
€311k▼
2023 · €380k
Income taxes
€20k▼
2023 · €35k
Staff costs
€973▼
2023 · €7k
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 · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€670k€727k▲
Fixed assets21/28€435k€389k▼
Intangible fixed assets21€321k€288k▼
Tangible fixed assets22/27€115k€101k▼
Land and buildings22€99k€90k▼
Furniture and vehicles24€16k€11k▼
Current assets29/58€235k€338k▲
Amounts receivable after more than one year29€57k€57k=
Other amounts receivable291€57k€57k=
Amounts receivable within one year40/41€170k€234k▲
Trade receivables40€8k€11k▲
Other amounts receivable41€162k€223k▲
Cash at bank and in hand54/58€4k€35k▲
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€670k€727k▲
Equity10/15€186k€186k▲
Contributions10/11€19k€19k=
Reserves13€117k€117k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€117k€117k=
Profit (loss) carried forward14€50k€51k▲
Amounts payable17/49€484k€541k▲
Amounts payable after more than one year17€380k€311k▼
Financial debts170/4€380k€311k▼
Amounts payable within one year42/48€104k€168k▲
Current portion of amounts payable after more than one year42€79k€90k▲
Financial debts43€16€0▼
Credit institutions430/8€16€0▼
Trade debts44€9k€9k▲
Suppliers440/4€9k€9k▲
Taxes, remuneration and social security45€16k€23k▲
Taxes450/3€15k€23k▲
Remuneration and social security454/9€973€0▼
Other amounts payable47/48-€45k
Accrued charges and deferred income492/3-€62k
Income statement
Code20232024
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€7k€973▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€46k▲
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€134k€139k▲
Operating profit (loss)9901€105k€82k▼
Financial income75/76B€3k€5k▲
Recurring financial income75€3k€5k▲
Financial charges65/66B€8k€21k▲
Recurring financial charges65€8k€21k▲
Profit (loss) for the period before taxes9903€101k€66k▼
Income taxes67/77€35k€20k▼
Profit (loss) for the period9904€66k€46k▼
Profit (loss) for the period to be appropriated9905€66k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€96k▼
Profit (loss) brought forward from the previous period14P€50k€50k=
Transfer to equity691/2€66k€0▼
To other reserves6921€66k€0▼
Profit to be distributed694/7-€45k
Directors or managers695-€45k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 104 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €66k ▲173%
Operating result €105k, net result €66k, both a record.
31-12
Financial
Equity above €150kEq €186k ▲55.2%
6 profitable years in a row build equity to €186k.
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-12
Financial
Weakest financial yearnet €24k ▼51.9%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €120k ▲25.4%
5 profitable years in a row build equity to €120k.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 1998
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.
Putkapelstraat 1559051 GentGround area
1,414 m²
Building footprint
410 m²
Volume, LiDAR
5,284 m³
Parcel 44062A0269/00R000, Flanders · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DE CLERCQ & RYHEUL
since 19982.088.593.706
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0269/00R000 | Flanders | 1,414 m² | 1 · 410 m² | 15.8 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 200 EUR awarded · 200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 200 EUR | 200 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-1998
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@declercq-ryheul.be
Phone:092455795
Fax:092701550