DCN Diving Belgium
ActiveDCN Diving Belgium has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €386k and a net result of €207k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+37
Solvency41▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.39 in 2024; short-term debt: 82.4% and cash: 14% of total assets), and 83.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
16.1%
Return on assets
8.6%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7719 sector peers (2025).
NBB · sector comparisonPosition among 7719 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €386k
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
13 d early
2023
1 d late
2022
7 d early
2021
31 d early
2020
31 d early
2019
22 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€386k▲ 116%
2024 · €179k
2018: €17k
2019: €18k
2020: €20k
2021: €-87k
2022: €-50k
2023: €159k
2024: €179k
2018 → 2025
Total assets
€2.40M▲ 22.0%
2024 · €1.97M
2018: €256k
2019: €528k
2020: €557k
2021: €640k
2022: €896k
2023: €859k
2024: €1.97M
2018 → 2025
Net result
€207k▲ 922%
2024 · €20k
2018: €2k
2019: €614
2020: €3k
2021: €-107k
2022: €37k
2023: €209k
2024: €20k
2018 → 2025
Working capital
€-1.30M▼ 22.7%
2024 · €-1.06M
2018: €23k
2019: €16k
2020: €16k
2021: €-120k
2022: €-66k
2023: €-287k
2024: €-1.06M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-87k-€-50k▲ 42.8%€159k€179k▲ 12.8%€386k▲ 116%
Operating result€-88k-€61k€287k▲ 367%€62k▼ 78.5%€319k▲ 418%
Net result€-107k-€37k€209k▲ 460%€20k▼ 90.3%€207k▲ 922%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 418% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.40M
Fixed assets
€1.73M▲ 35.2%
Current assets
€672k▼ 2.6%
Equity and liabilities €2.40M
Equity
€386k▲ 116%
Debt
€2.01M▲ 12.6%
The debt ratio falls from 90.9% to 83.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€368k▲
2024 · €94k
Cash flow
€256k▲
2024 · €53k
Solvency
16.1%▲
2024 · 9.1%
Current ratio
0.34▼
2024 · 0.39
Quick ratio
0.27▼
2024 · 0.36
Debt / equity
5.21▼
2024 · 9.99
ROE
53.7%▲
2024 · 11.3%
ROA
8.6%▲
2024 · 1.0%
Interest coverage
10.06▲
2024 · 2.76
Debt
€2.01M▲
2024 · €1.79M
Debt ≤ 1 year
€1.98M▲
2024 · €1.75M
Income taxes
€75k▲
2024 · €8k
Staff costs
€278k▲
2024 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.97M€2.40M▲
Fixed assets21/28€1.28M€1.73M▲
Tangible fixed assets22/27€1.27M€1.71M▲
Land and buildings22€1.27M€1.71M▲
Financial fixed assets28€7k€19k▲
Current assets29/58€690k€672k▼
Stocks and contracts in progress3€55k€137k▲
Contracts in progress37€55k€137k▲
Amounts receivable within one year40/41€111k€178k▲
Trade receivables40€103k€178k▲
Other amounts receivable41€8k€56▼
Cash at bank and in hand54/58€508k€335k▼
Deferred charges and accrued income490/1€16k€23k▲
Equity and liabilities
Total equity and liabilities10/49€1.97M€2.40M▲
Equity10/15€179k€386k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€159k€366k▲
Amounts payable17/49€1.79M€2.01M▲
Amounts payable within one year42/48€1.75M€1.98M▲
Trade debts44€40k€76k▲
Suppliers440/4€40k€76k▲
Taxes, remuneration and social security45€69k€97k▲
Taxes450/3€63k€82k▲
Remuneration and social security454/9€6k€15k▲
Other amounts payable47/48€1.65M€1.80M▲
Accrued charges and deferred income492/3€35k€36k▲
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€50k€278k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€49k▲
Other operating charges640/8€9k€9k▼
Gross operating margin9900€154k€655k▲
Operating profit (loss)9901€62k€319k▲
Financial income75/76B€710€0▼
Recurring financial income75€710€0▼
Financial charges65/66B€34k€37k▲
Recurring financial charges65€34k€37k▲
Profit (loss) for the period before taxes9903€28k€283k▲
Income taxes67/77€8k€75k▲
Profit (loss) for the period9904€20k€207k▲
Profit (loss) for the period to be appropriated9905€20k€207k▲
Appropriation of the result
Profit (loss) to be appropriated9906€159k€366k▲
Profit (loss) brought forward from the previous period14P€138k€159k▲
Social balance
Average headcount (FTE)90872.65.6▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €386k ▲116%
4 profitable years in a row build equity to €386k.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
31-12
Financial
Highest result since 2018net €209k ▲460%
Net result €209k, the highest in the series.
31-12
Financial
Equity above €150kEq €159k
2 profitable years in a row build equity to €159k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-107k ▼4386%
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2012
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.
Elzasweg 102030 AntwerpenGround area
4,813 m²
Building footprint
968 m²
Volume, LiDAR
6,514 m³
Parcel 11807G1534/00T002, Flanders · tallest building 8.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DCN DIVING
since 20122.210.545.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1534/00T002 | Flanders | 4,813 m² | 1 · 968 m² | 8.1 m · 3 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.
Similar companies · same sector, comparable size
PL Projects
BE 0668.712.357
Waregem · Eq €386k
Debackere Agro
BE 0465.962.462
Oostrozebeke · Eq €386k
MEULEMAN & ZONEN
BE 0647.811.332
Koekelare · Eq €386k
Henderickx Bart
BE 0882.411.671
Berlaar · Eq €386k
Renovatiewerken Van Goethem
BE 0871.521.739
Beveren-Kruibeke-Zwijndrecht · Eq €387k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,000 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2012
Fiscal year end31-12
Activities, NACEBEL
43500Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.