DDB
ActiveSummary
DDB has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €506,239 and a net result of €45,718. Equity has been growing by about 4.7% per year since 2018. Its solvency ranks better than 49% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-01-2013 Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
- Establishment unit
- 2.216.842.651 9190 Stekene, since 24-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2026
Board and ownership
- HERWEYERS Geert Achiel BerthaDirector
- G7299.97%· score 932025 annual accounts of G72
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €148,658
- ▼ 56.0%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €45,718
- ▼ 66.6%
- Equity
- €506,239
- ▲ 9.9%
- Total assets
- €1.7m
- ▲ 21.4%
Score breakdownraises riskProfit of €45,718 (financial year 2025)lowers riskSize: total assets €1.7mFigures for financial year 2025 (filed on 01-07-2026)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 49% of them on solvency, 23% on liquidity, 64% on profitability and 66% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 13 filings
Every figure per financial year
The operating result for 2025 is 65% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €500,507 | €445,110 | €365,521 | €283,848 | €205,232 |
| Debts guaranteed by Belgian public bodies | €500,507 | - | - | - | - |
| Mortgages, amount registered | €27,500 | €27,500 | €27,500 | €129,800 | €129,800 |
| Mortgage mandates | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m |
| Carrying value of the mortgaged assets | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,432 | €23,503 | €4,384 | €9,196 | €47,962 |
| Depreciation and write-downs of the year | €54,655 | €56,987 | €59,169 | €54,257 | €56,612 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,395 | €56,252 | €55,924 | €54,655 | €56,987 | €59,169 | €54,257 | €56,612 | ▲ 4.3% |
| Other operating charges640/8 | - | - | - | €10,794 | €11,006 | €12,807 | €59,385 | €12,756 | ▼ 78.5% |
| Gross operating margin9900 | €176,536 | €109,767 | €110,462 | €92,119 | €110,575 | €131,049 | €338,184 | €148,658 | ▼ 56.0% |
| Operating profit (loss)9901 | €108,899 | €43,342 | €43,813 | €26,669 | €42,582 | €59,073 | €224,542 | €79,289 | ▼ 64.7% |
| Financial income75/76B | - | - | - | €0 | €0 | €786 | €388 | €181 | ▼ 53.3% |
| Recurring financial income75 | - | - | - | €0 | €0 | €786 | €388 | €181 | ▼ 53.3% |
| Financial charges65/66B | - | - | - | €30,746 | €28,178 | €45,648 | €38,608 | €20,112 | ▼ 47.9% |
| Recurring financial charges65 | €38,939 | €36,323 | €36,411 | €30,746 | €28,178 | €45,648 | €38,608 | €20,112 | ▼ 47.9% |
| Profit (loss) for the period before taxes9903 | €69,959 | €7,019 | €7,402 | -€4,077 | €14,403 | €14,211 | €186,321 | €59,358 | ▼ 68.1% |
| Income taxes67/77 | - | - | - | - | - | - | €49,410 | €13,641 | ▼ 72.4% |
| Profit (loss) for the period9904 | €69,959 | €7,019 | €7,402 | -€4,077 | €14,403 | €14,211 | €136,911 | €45,718 | ▼ 66.6% |
| Profit (loss) for the period to be appropriated9905 | €69,959 | €7,019 | €7,402 | -€4,077 | €14,403 | €14,211 | €136,911 | €45,718 | ▼ 66.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.6m | €1.8m | €1.4m | €1.8m | €1.8m | €1.4m | €1.7m | ▲ 21.4% |
| Fixed assets21/28 | €1.4m | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 0.8% |
| Tangible fixed assets22/27 | €1.4m | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 0.8% |
| Land and buildings22 | - | - | - | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 0.8% |
| Current assets29/58 | €0.2m | €0.3m | €0.5m | €0.2m | €0.6m | €0.6m | €0.3m | €0.6m | ▲ 106% |
| Stocks and contracts in progress3 | €0.1m | €0.3m | €0.4m | €0.001m | €0.5m | €0.5m | €0.06m | €0.2m | ▲ 236% |
| Stocks30/36 | - | - | - | €0.001m | €0.5m | €0.5m | €0.06m | €0.2m | ▲ 236% |
| Amounts receivable within one year40/41 | €0.01m | €0.02m | €0.03m | €0.01m | €0.001m | €433 | €0.07m | €0.2m | ▲ 254% |
| Trade receivables40 | - | - | - | €0.01m | €0 | €197 | €0.07m | €0.2m | ▲ 152% |
| Other amounts receivable41 | - | - | - | €0 | €0.001m | €236 | €0 | €0.07m | - |
| Current investments50/53 | - | - | - | - | - | - | €0.2m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.06m | €0.008m | €0.01m | €0.1m | €0.1m | €0.09m | €0.008m | €0.1m | ▲ 18× |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 8.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.8m | €1.4m | €1.8m | €1.8m | €1.4m | €1.7m | ▲ 21.4% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.5m | €0.5m | ▲ 9.9% |
| Contributions10/11 | €0.3m | €0.3m | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | - | - | - | - | €0.009m | €0.02m | €0.2m | €0.2m | ▲ 28.5% |
| Distributable reserves133 | - | - | - | - | €0.009m | €0.02m | €0.2m | €0.2m | ▲ 28.5% |
| Profit (loss) carried forward14 | -€0.02m | -€0.008m | -€0.001m | -€0.005m | €0 | - | - | - | - |
| Amounts payable17/49 | €1.3m | €1.3m | €1.5m | €1.1m | €1.5m | €1.4m | €0.9m | €1.2m | ▲ 27.0% |
| Amounts payable after more than one year17 | €0.6m | €0.6m | €0.5m | €0.4m | €0.4m | €0.3m | €0.2m | €0.1m | ▼ 38.5% |
| Financial debts170/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.2m | €0.1m | ▼ 38.5% |
| Amounts payable within one year42/48 | €0.6m | €0.8m | €0.9m | €0.7m | €1.1m | €1.1m | €0.7m | €1.0m | ▲ 49.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.08m | €0.08m | €0.08m | €0.08m | ▲ 0.5% |
| Financial debts43 | - | - | - | €0 | €0.4m | €0.4m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0 | €0.4m | €0.4m | €0 | - | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.5m | ▲ 351% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.5m | ▲ 351% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.04m | €0.04m | = |
| Taxes450/3 | - | - | - | - | - | - | €0.04m | €0.04m | = |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 18.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.02m | €0.01m | €0.06m | €0.06m | ▼ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,959 | €7,019 | €7,402 | -€4,077 | €14,403 | €14,211 | €136,911 | €45,718 | ▼ 66.6% |
| + Depreciation and write-downs630 | €57,395 | €56,252 | €55,924 | €54,655 | €56,987 | €59,169 | €54,257 | €56,612 | ▲ 4.3% |
| Operating cash flow (approximation) | €127,354 | €63,271 | €63,326 | €50,578 | €71,390 | €73,379 | €191,168 | €102,330 | ▼ 46.5% |
| Investment in fixed assets (approximation) | - | -€1,232 | €0 | -€18,432 | -€23,503 | -€4,384 | -€9,196 | -€47,962 | ▼ 422% |
| Change in cash | - | -€47,947 | €2,649 | €133,203 | -€46,292 | -€11,035 | -€78,765 | €137,870 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,107 companies had the same profile as DDB has now. Two years later, 98.0% were still going and 1.0% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DDB itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,107 companies, not a prediction for DDB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00244808 | |
| 31-12-2024 | abbreviated format | 14-07-2025 | 2025-00272272 | |
| 31-12-2023 | abbreviated format | 05-07-2024 | 2024-00221101 | |
| 31-12-2022 | abbreviated format | 26-06-2023 | 2023-00163962 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20136328 | |
| 31-12-2020 | abbreviated format | 05-07-2021 | 2021-31200199 | |
| 31-12-2019 | abbreviated format | 06-07-2020 | 2020-26800252 | |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-30700265 | |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-24500493 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-24500415 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerChain of control
- G72
- DDB
Owners 1
- G72parentSourceaccounts G72 2025Equity €1.4m Loss of €1,923 in 2025 (profit of €1,570 in 2024) Checked score 9399.97%
Capital transactions
- 22-11-2023 Converted to unavailable equity · €300,000
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| HERWEYERS Geert Achiel Bertha |
|
| BAEYENS Tiny |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, 1”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Procedure in één akte, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen”
Articles of association, deed of 22-11-2023 (in Dutch)
Network & group
Connections & network
1 current directorThe network starts from the directors of DDB. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-11
Gazette deed
Change of role: HERWEYERS Geert Achiel Bertha, from manager to statutory directorAppointment: BAEYENS Tiny (opvolgend statutair bestuurder) · Capital conversion · Reserve release14 points ▸
- General meeting, 24-10-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, beschikbaar voor uitkering” (deed in Dutch)
- Director resignation, HERWEYERS Geert Achiel Bertha (manager (not named in the articles))
- Director discharge, HERWEYERS Geert Achiel Bertha
- Director appointment, HERWEYERS Geert Achiel Bertha (statutory director), mentioned 2 times in the deed
- Other provision, “geen verbodsbepaling bestuursmandaat, niet getroffen door enige verbodsbepaling” (deed in Dutch)
- Director appointment, BAEYENS Tiny (opvolgend statutair bestuurder)
- Amendment of the articles, mentioned 2 times in the deed
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital
- Power of attorney
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Het besturen van vennootschappen en verenigingen,met name de deelname aan en de bijstand bij het beheer,bestuur,en management van vennootschappen,ongeacht hun voorwerp en activiteit,via de uitoefening van de functie van bestuurder,gedelegeerd bestuurder,directeur,directeur-generaal,manager,en van alle andere topfuncties die door de vennootschap op grond van een overeenkomst aan een zelfstandig manager kunnen worden uitbesteed.
- Het verlenen van dienstprestaties van administratieve,technische en bedrijfseconomische aard in de meest uitgebreide betekenis,zowel in eigen beheer als in deelname met derden.Daarin wordt onder andere begrepen: het verlenen aan bedrijven van advies,bouwadvies en bijstand en het voeren voor deze bedrijven van de coördinatie,het beleid en het beheer op technisch,bouwtechnisch,commercieel,administratief en bedrijfseconomisch vlak; het organiseren van de administratieve diensten van de ondernemingen,evenals de consult inzake deze organisatie; het organiseren van het aankoop- en verkoopbeleid van de ondernemingen; expertises.
- Het huren en verhuren en het ter beschikking stellen in gelijk welke vorm aan de ondernemingen en verenigingen van materialen,materieel en van installaties.
- Het oprichten,het beheren,het instandhouden,het valoriseren en het verhandelen van eigen en vreemde onroerende goederen,alsook het stellen van alle handelingen van burgerlijke,commerciële,industriële of financiële aard die daar rechtstreeks of onrechtstreeks betrekking op hebben zoals – ten exemplatieve titel – het aankopen,het bouwen,het oprichten,het verkavelen,het ruilen,het uitrusten,het opschikken,het verbouwen,het huren,het verhuren,het vervreemden en het vestigen van alle zakelijke rechten.Het beheer van onroerende goederen kan gebeuren alleen of in participatie,voor eigen rekening.
- Het beleggen van beschikbare middelen in roerende goederen en waarden en het beheer van beleggingen en vermogens,zonder evenwel die handelingen van vermogensbeheer te stellen waarvoor krachtens bijzondere wetgeving bijkomende voorwaarden worden gesteld,en waarvoor onder meer de vorm van een naamloze vennootschap en een hoger kapitaal vereist is.
- Het verwerven,te gelde maken,inbrengen,afstaan en verhandelingen door uitgiften of andere middelen van alle soorten marktwaarden,aandelen of obligaties,van participaties of belangen onder gelijk welke vorm in Belgische of buitenlandse vennootschappen,bestaande of op te richten,waarvoor in de wetgeving geen bijkomende bijzondere eisen zijn opgelegd.Deze opsomming dient in de ruimste zin beschouwd te worden en is niet beperkend,doch enkel van aanwijzende aard.
- Het verstrekken van leningen aan derden en aan verbonden vennootschappen alsmede het zich borgstellen voor derden;dit alles met uitdrukkelijke uitsluiting van vermogensbeheer en/of beleggingsadvies zoals bedoeld door de wet van vier december negentienhonderd negentig en het Koninklijk besluit van vijf augustus negentienhonderd eenennegentig.
- Bovendien heeft de vennootschap als voorwerp: het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen; alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voortvloeien,zoals de aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,de ruiling,de verkoop en,in het algemeen,alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,voor zichzelf of voor anderen van alle bebouwde of onbebouwde onroerende eigendommen; de aankoop,verkoop en ruiling,het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen en van alle roerende goederen en rechten; het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.De vennootschap mag het bestuur en de vereffening waarnemen in alle verbonden vennootschappen,met dewelke een of andere band van deelneming bestaat en mag alle leningen,van gelijk welke vorm en voor gelijk welke duur,aan deze laatsten toestaan of borgstellingen verstrekken voor deze vennootschappen.Zij mag bij wijze van inbreng in speciën of in natura,van fusie,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar voorwerp te bevorderen.Deze lijst is exemplatief en niet beperkend.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46024A1805/00G000 | Flanders | 6,466 m² | 1 · 1,537 m² | - |