Summary
DCH is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €299,342 and a net result of €28,894. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 49% of 6,673 sector peers (NACE 64, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
Equity
€299,342▲ 10.7%
2024 · €270,448
Net result
€28,894▲ 173%
2024 · €10,581
Total assets
€608,056▲ 3.1%
2024 · €589,599
Solvency
49.2%▲ 3.4pp
2024 · 45.9%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 64% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€60,861
2025
Net result€28,894
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€608,056
2025
Equity€299,342
2025
Debt€308,714
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8,869
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency49.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.11
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€68,262-€55,331▼ 18.9%€31,198▼ 43.6%€12,144▼ 61.1%-€27,671€75,017€37,004▼ 50.7%€60,861▲ 64.5%
Net result€37,720-€23,006▼ 39.0%€6,592within the sector's middle half▼ 71.3%-€3,060below the sector's middle half-€37,798below the sector's middle half▼ 1,135%€45,027within the sector's middle half€10,581within the sector's middle half▼ 76.5%€28,894within the sector's middle half▲ 173%
Equity€226,100-€249,106▲ 10.2%€255,698below the sector's middle half▲ 2.6%€252,638below the sector's middle half▼ 1.2%€214,840below the sector's middle half▼ 15.0%€259,867below the sector's middle half▲ 21.0%€270,448below the sector's middle half▲ 4.1%€299,342within the sector's middle half▲ 10.7%
Total assets€602,299-€624,428▲ 3.7%€624,136below the sector's middle half=€598,158below the sector's middle half▼ 4.2%€563,397below the sector's middle half▼ 5.8%€610,625below the sector's middle half▲ 8.4%€589,599below the sector's middle half▼ 3.4%€608,056within the sector's middle half▲ 3.1%
Debt€376,199-€375,321▼ 0.2%€368,437▼ 1.8%€345,520▼ 6.2%€348,557▲ 0.9%€350,758▲ 0.6%€319,151▼ 9.0%€308,714▼ 3.3%
Working capital-€137,954--€12,672▲ 90.8%-€4,097within the sector's middle half▲ 67.7%-€15,002within the sector's middle half▼ 266%-€44,026within the sector's middle half▼ 193%-€45,478within the sector's middle half▼ 3.3%-€26,801within the sector's middle half▲ 41.1%€8,869within the sector's middle half
Solvency37.5%-39.9%▲ 2.4pp41.0%within the sector's middle half▲ 1.1pp42.2%within the sector's middle half▲ 1.3pp38.1%within the sector's middle half▼ 4.1pp42.6%within the sector's middle half▲ 4.4pp45.9%within the sector's middle half▲ 3.3pp49.2%within the sector's middle half▲ 3.4pp
Current ratio0.29-0.89▲ 0.590.97within the sector's middle half▲ 0.080.87within the sector's middle half▼ 0.100.64within the sector's middle half▼ 0.230.51within the sector's middle half▼ 0.140.64within the sector's middle half▲ 0.131.11within the sector's middle half▲ 0.47
Return on assets (ROA)6.3%-3.7%▼ 2.6pp1.1%within the sector's middle half▼ 2.6pp-0.5%below the sector's middle half▼ 1.6pp-6.7%below the sector's middle half▼ 6.2pp7.4%within the sector's middle half▲ 14.1pp1.8%within the sector's middle half▼ 5.6pp4.8%within the sector's middle half▲ 3.0pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €608,056
Fixed assets
€521,254 ▼ 3.8%
Current assets
€86,802 ▲ 82.6%
Equity and liabilities €608,056
Equity
€299,342 ▲ 10.7%
Debt
€308,714 ▼ 3.3%
Debt's share of the balance-sheet total falls from 54.1% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
9.7%▲
2024 · 3.9%
Debt ≤ 1 year
€77,933▲
2024 · €74,341
Debt > 1 year
€230,781▼
2024 · €244,811
Income taxes
€15,683▲
2024 · €7,404
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,238 | €18,839 | €18,839 | €22,137 | €22,350 | €13,768 | €21,618 | €20,805 | ▼ 3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €100 | €135 | -€235 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €1,448 | €1,413 | €3,993 | €2,876 | €1,589 | ▼ 44.7% |
| Gross operating margin9900 | €93,366 | €76,186 | €53,610 | €35,829 | -€3,773 | €92,544 | €61,498 | €83,256 | ▲ 35.4% |
| Operating profit (loss)9901 | €68,262 | €55,331 | €31,198 | €12,144 | -€27,671 | €75,017 | €37,004 | €60,861 | ▲ 64.5% |
| Financial income75/76B | - | - | - | €6 | €0 | - | - | €427 | - |
| Recurring financial income75 | - | - | €87 | €6 | €0 | - | - | €427 | - |
| Financial charges65/66B | - | - | - | €9,907 | €10,127 | €14,036 | €19,019 | €16,711 | ▼ 12.1% |
| Recurring financial charges65 | €9,395 | €14,728 | €10,814 | €9,907 | €10,127 | €14,036 | €19,019 | €16,711 | ▼ 12.1% |
| Profit (loss) for the period before taxes9903 | €58,867 | €40,604 | €20,470 | €2,244 | -€37,798 | €60,981 | €17,985 | €44,577 | ▲ 148% |
| Income taxes67/77 | €21,148 | €17,597 | €13,878 | €5,304 | €0 | €15,953 | €7,404 | €15,683 | ▲ 112% |
| Profit (loss) for the period9904 | €37,720 | €23,006 | €6,592 | -€3,060 | -€37,798 | €45,027 | €10,581 | €28,894 | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | €37,720 | €23,006 | €6,592 | -€3,060 | -€37,798 | €45,027 | €10,581 | €28,894 | ▲ 173% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €602,299 | €624,428 | €624,136 | €598,158 | €563,397 | €610,625 | €589,599 | €608,056 | ▲ 3.1% |
| Fixed assets21/28 | €545,023 | €526,184 | €507,345 | €498,313 | €483,866 | €563,677 | €542,059 | €521,254 | ▼ 3.8% |
| Tangible fixed assets22/27 | €73,530 | €54,691 | €35,852 | €26,820 | €12,273 | €92,084 | €70,466 | €49,661 | ▼ 29.5% |
| Plant, machinery and equipment23 | - | - | - | €9,807 | €6,375 | €1,534 | €505 | €289 | ▼ 42.8% |
| Furniture and vehicles24 | - | - | - | €17,013 | €5,897 | €4,552 | €3,208 | €1,863 | ▼ 41.9% |
| Leasing and similar rights25 | - | - | - | - | - | €85,998 | €66,754 | €47,509 | ▼ 28.8% |
| Financial fixed assets28 | €471,493 | €471,493 | €471,493 | €471,493 | €471,593 | €471,593 | €471,593 | €471,593 | = |
| Current assets29/58 | €57,276 | €98,243 | €116,790 | €99,845 | €79,531 | €46,947 | €47,540 | €86,802 | ▲ 82.6% |
| Amounts receivable within one year40/41 | €37,514 | €57,232 | €57,289 | €58,954 | €29,546 | €26,370 | €30,000 | €45,977 | ▲ 53.3% |
| Trade receivables40 | - | - | - | €58,417 | €29,546 | €24,520 | €10,000 | €24,200 | ▲ 142% |
| Other amounts receivable41 | - | - | - | €537 | €0 | €1,850 | €20,000 | €21,777 | ▲ 8.9% |
| Cash at bank and in hand54/58 | €16,384 | €38,946 | €58,478 | €38,041 | €47,046 | €16,896 | €13,391 | €30,913 | ▲ 131% |
| Deferred charges and accrued income490/1 | - | - | - | €2,850 | €2,940 | €3,682 | €4,149 | €9,913 | ▲ 139% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €602,299 | €624,428 | €624,136 | €598,158 | €563,397 | €610,625 | €589,599 | €608,056 | ▲ 3.1% |
| Equity10/15 | €226,100 | €249,106 | €255,698 | €252,638 | €214,840 | €259,867 | €270,448 | €299,342 | ▲ 10.7% |
| Contributions10/11 | €125,000 | €125,000 | - | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €101,100 | €124,106 | €130,698 | €127,638 | €89,840 | €134,867 | €145,448 | €174,342 | ▲ 19.9% |
| Non-distributable reserves130/1 | - | - | - | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €127,638 | €89,840 | €134,867 | €145,448 | €174,342 | ▲ 19.9% |
| Amounts payable17/49 | €376,199 | €375,321 | €368,437 | €345,520 | €348,557 | €350,758 | €319,151 | €308,714 | ▼ 3.3% |
| Amounts payable after more than one year17 | €180,782 | €264,215 | €247,550 | €230,673 | €225,000 | €258,332 | €244,811 | €230,781 | ▼ 5.7% |
| Financial debts170/4 | - | - | - | €5,673 | €0 | €48,332 | €34,811 | €20,781 | ▼ 40.3% |
| Other amounts payable178/9 | - | - | - | €225,000 | €225,000 | €210,000 | €210,000 | €210,000 | = |
| Amounts payable within one year42/48 | €195,229 | €110,915 | €120,888 | €114,847 | €123,557 | €92,425 | €74,341 | €77,933 | ▲ 4.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €16,877 | €5,673 | €13,032 | €13,522 | €14,029 | ▲ 3.8% |
| Financial debts43 | - | - | - | €0 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €7,294 | €2,549 | €10,914 | €13,811 | €22,835 | €9,840 | €8,047 | €11,385 | ▲ 41.5% |
| Suppliers440/4 | - | - | - | €13,811 | €22,835 | €9,840 | €8,047 | €11,385 | ▲ 41.5% |
| Taxes, remuneration and social security45 | - | - | - | €23,058 | €21,042 | €26,994 | €32,142 | €29,264 | ▼ 9.0% |
| Taxes450/3 | - | - | - | €23,058 | €21,042 | €26,994 | €32,142 | €29,264 | ▼ 9.0% |
| Other amounts payable47/48 | - | - | - | €61,101 | €74,007 | €42,559 | €20,630 | €23,254 | ▲ 12.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,720 | €23,006 | €6,592 | -€3,060 | -€37,798 | €45,027 | €10,581 | €28,894 | ▲ 173% |
| + Depreciation and write-downs630 | €19,238 | €18,839 | €18,839 | €22,137 | €22,350 | €13,768 | €21,618 | €20,805 | ▼ 3.8% |
| Operating cash flow (approximation) | €56,958 | €41,845 | €25,431 | €19,077 | -€15,448 | €58,796 | €32,199 | €49,699 | ▲ 54.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€13,105 | -€7,903 | -€93,580 | €0 | €0 | - |
| Change in cash | - | €22,563 | €19,532 | -€20,437 | €9,005 | -€30,150 | -€3,505 | €17,521 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00253679 |
| 31-12-2024 | full format | 27-06-2025 | 2025-00185878 |
| 31-12-2023 | full format | 18-06-2024 | 2024-00151317 |
| 31-12-2022 | full format | 27-06-2023 | 2023-00176716 |
| 31-12-2021 | full format | 01-07-2022 | 2022-20160268 |
| 31-12-2020 | full format | 16-03-2021 | 2021-07600356 |
| 31-12-2019 | full format | 22-06-2020 | 2020-19700519 |
| 31-12-2018 | full format | 11-07-2019 | 2019-31400550 |
| 31-12-2017 | full format | 09-07-2018 | 2018-33400202 |
| 31-12-2016 | full format | 17-07-2017 | 2017-32700017 |
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Of the 24,456 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,093. 13,947 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.