Equity
DDX has made a profit without a break since 2014.
DDX has made a profit without a break since 2014.
The result rose in 2025 from €63,016 to €156,553.
The micro format states no turnover.
Green is investment, beige is depreciation. Machinery stands 230.0% higher than in 2024.
Short-term debts fell from €113,971 to €91,364.
Higher net result than 94% of companies in real estate. Sector median €5,854 · 19,790 companies.
In July 2024, 17,806 companies had the same profile as DDX has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,806 companies, not a prediction for DDX. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| DDX Wavre | €476,738 | €252,127 | 59.3% | - |
| TRIANON INVEST Uccle | €435,711 | €257,274 | 49.3% | - |
| MARY MORGAN Saint-Ghislain | €448,351 | €215,687 | 32.6% | - |
| UGLY Antwerp | €401,097 | €267,410 | 63.1% | 1.2 |
| CHASE Antwerp | €415,262 | €295,202 | 61.6% | - |
| C&M VASTGOED Heist-op-den-Berg | €578,337 | €276,080 | 25.9% | 3.3 |
| AURIS-REA Ixelles | €412,092 | €259,001 | 93.3% | - |
These companies have the same main activity as DDX: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €401,000 and €578,000, founded between 2010 and 2012.
DDX files the micro format. That format states no turnover. The gross margin rose from €60,407 in 2012 to €252,127 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €600,000. Estimated: probably between €370,000 and €750,000.
Higher than 71% of 19,803 companies in 2025.
Higher than 69% of 18,977 companies in 2025.
Higher than 92% of 19,446 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
476,738 | 1.1m | 326,768 | 283,314 | 272,472 | 166,593 | 140,917 | 91,453 | 88,639 | 110,704 | 113,289 | 79,612 | 99,475 | 109,929 | |
21/28 |
271,668 | 165,925 | 181,451 | 186,674 | 170,824 | 142,108 | 58,841 | 24,927 | 44,394 | 61,584 | 83,148 | 62,369 | 83,751 | 92,826 | |
21 |
- | - | - | - | - | 1,750 | 8,750 | 15,750 | 22,750 | 29,750 | 36,750 | 43,750 | 50,750 | 57,750 | |
22/27 |
271,596 | 165,853 | 181,379 | 186,602 | 170,752 | 140,286 | 50,019 | 9,105 | 21,572 | 31,762 | 46,326 | 18,547 | 32,929 | 35,004 | |
22 |
122,757 | 129,313 | 135,870 | 141,304 | 146,020 | 103,500 | - | - | - | - | - | - | - | - | |
23 |
1,876 | 568 | 988 | - | - | - | - | - | - | - | - | - | 17 | 83 | |
24 |
138,107 | 29,718 | 36,445 | 36,801 | 22,240 | 32,818 | 45,077 | 5,555 | 16,790 | 25,550 | 37,774 | 17,197 | 30,483 | 31,411 | |
26 |
8,856 | 6,253 | 8,076 | 8,497 | 2,493 | 3,967 | 4,942 | 3,550 | 4,782 | 6,211 | 8,552 | 1,350 | 2,430 | 3,510 | |
28 |
72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | |
29/58 |
205,070 | 943,257 | 145,317 | 96,640 | 101,647 | 24,485 | 82,076 | 66,527 | 44,245 | 49,120 | 30,142 | 17,243 | 15,724 | 17,103 | |
3 |
15,359 | 563,447 | 115,549 | 79,995 | 79,995 | - | - | 48,234 | - | - | - | - | - | - | |
30/36 |
15,359 | 563,447 | 115,549 | 79,995 | 79,995 | - | - | 48,234 | - | - | - | - | - | - | |
40/41 |
50,952 | 342,420 | 12,188 | 7,683 | 13,124 | 19,865 | 48,590 | 3,836 | 6,898 | 31,526 | 11,762 | 52 | 442 | 2,616 | |
40 |
20,066 | 60,154 | 12,188 | 6,368 | 9,134 | 19,865 | 45,225 | 2,584 | 1,151 | 27,784 | 3,844 | 52 | 442 | 1,598 | |
41 |
30,886 | 282,266 | - | 1,315 | 3,990 | - | 3,365 | 1,252 | 5,747 | 3,743 | 7,918 | - | - | 1,019 | |
54/58 |
138,759 | 37,390 | 17,579 | 7,943 | 8,528 | 4,620 | 31,537 | 14,456 | 37,346 | 17,594 | 18,379 | 17,191 | 14,104 | 12,770 | |
490/1 |
- | - | - | 1,018 | - | - | 1,949 | - | - | - | - | - | 1,178 | 1,717 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
476,738 | 1.1m | 326,768 | 283,314 | 272,472 | 166,593 | 140,917 | 91,453 | 88,639 | 110,704 | 113,289 | 79,612 | 99,475 | 109,929 | |
10/15 |
282,838 | 156,285 | 108,583 | 92,440 | 85,029 | 80,187 | 70,935 | 62,859 | 56,787 | 56,005 | 39,969 | 26,800 | 25,681 | 25,759 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
111,860 | 117,860 | 71,860 | 55,860 | 48,860 | 44,860 | 35,860 | 27,860 | 21,860 | 21,860 | 16,860 | 11,860 | 11,240 | 11,240 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,240 | 1,240 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | |
133 |
110,000 | 116,000 | 70,000 | 54,000 | 47,000 | 43,000 | 34,000 | 26,000 | 20,000 | 20,000 | 15,000 | 10,000 | 10,000 | 10,000 | |
14 |
158,578 | 26,025 | 24,323 | 24,180 | 23,769 | 22,927 | 22,675 | 22,599 | 22,527 | 21,745 | 10,709 | 2,540 | 2,041 | 2,119 | |
17/49 |
193,899 | 952,897 | 218,185 | 190,874 | 187,442 | 86,406 | 69,981 | 28,594 | 31,852 | 54,698 | 73,321 | 52,811 | 73,793 | 84,170 | |
17 |
102,004 | 834,020 | 144,226 | 150,857 | 142,946 | 61,258 | 43,815 | 17,500 | 23,357 | 32,286 | 30,638 | 29,121 | 36,833 | 10,707 | |
170/4 |
102,004 | 774,020 | 96,726 | 103,357 | 95,446 | 13,758 | 26,315 | - | 857 | 7,286 | 5,638 | 4,121 | 11,833 | 10,707 | |
178/9 |
- | 60,000 | 47,500 | 47,500 | 47,500 | 47,500 | 17,500 | 17,500 | 22,500 | 25,000 | 25,000 | 25,000 | 25,000 | - | |
42/48 |
91,364 | 113,971 | 73,857 | 36,944 | 42,563 | 23,964 | 24,942 | 9,577 | 6,752 | 20,663 | 40,932 | 21,941 | 35,283 | 73,463 | |
42 |
26,150 | 32,769 | 15,424 | 13,811 | 19,767 | 12,556 | 12,420 | 857 | 6,429 | 9,275 | 8,270 | 7,713 | 7,489 | 4,913 | |
44 |
1,704 | 30,725 | 18,417 | 4,353 | 2,972 | 1,488 | 5,663 | 5,149 | 320 | 3,488 | 12,565 | 933 | 4,639 | 4,301 | |
440/4 |
1,704 | 30,725 | 18,417 | 4,353 | 2,972 | 1,488 | 5,663 | 5,149 | 320 | 3,488 | 12,565 | 933 | 4,639 | 4,301 | |
45 |
4,285 | 14,818 | 3,391 | 904 | 4,498 | 3,874 | 4,897 | 1,302 | - | 5,664 | 2,500 | 3,887 | 4,408 | 11,248 | |
450/3 |
4,285 | 14,818 | 3,391 | 904 | 3,408 | 2,744 | 3,767 | 198 | - | 3,619 | 466 | 2,846 | 2,519 | 5,615 | |
454/9 |
- | - | - | - | 1,090 | 1,130 | 1,130 | 1,104 | - | 2,045 | 2,034 | 1,041 | 1,889 | 5,633 | |
47/48 |
59,224 | 35,659 | 36,625 | 17,875 | 15,326 | 6,045 | 1,962 | 2,269 | 3 | 2,236 | 17,598 | 9,408 | 18,747 | 53,001 | |
492/3 |
532 | 4,907 | 102 | 3,073 | 1,933 | 1,184 | 1,225 | 1,517 | 1,743 | 1,750 | 1,750 | 1,750 | 1,677 | - | |
| Income statement | |||||||||||||||
76A |
10,000 | - | 413 | 1,000 | - | - | 6,612 | - | - | 5,179 | - | - | - | - | |
9900 |
252,127 | 144,839 | 60,973 | 41,190 | 42,156 | 50,072 | 35,318 | 35,329 | 28,920 | 49,265 | 56,485 | 28,074 | 28,302 | 60,407 | |
630 |
29,120 | 19,676 | 29,451 | 21,236 | 25,766 | 28,595 | 23,624 | 24,087 | 24,103 | 23,698 | 27,654 | 23,327 | 24,316 | 39,902 | |
640/8 |
3,351 | 5,951 | 4,186 | 7,073 | 2,131 | 1,608 | 877 | 807 | 977 | 643 | 915 | 487 | 614 | 1,180 | |
66A |
- | - | - | - | - | - | - | - | - | 163 | 6,263 | - | 1,019 | - | |
9901 |
219,657 | 119,212 | 27,337 | 12,882 | 14,259 | 19,869 | 10,816 | 10,436 | 3,841 | 24,761 | 27,917 | 4,260 | 3,372 | 19,325 | |
75/76B |
12 | - | - | 200 | - | 26 | 3 | 38 | 8 | 411 | 16 | 46 | 74 | 439 | |
75 |
12 | - | - | 200 | - | 26 | 3 | 38 | 8 | 411 | 16 | 46 | 74 | 439 | |
65/66B |
10,828 | 24,893 | 2,515 | 3,986 | 3,407 | 1,831 | 1,834 | 1,671 | 2,065 | 2,249 | 2,242 | 2,284 | 2,343 | 718 | |
65 |
10,828 | 24,893 | 2,515 | 3,986 | 3,407 | 1,831 | 1,834 | 1,671 | 2,065 | 2,249 | 2,242 | 2,284 | 2,343 | 718 | |
9903 |
208,842 | 94,318 | 24,822 | 9,096 | 10,852 | 18,063 | 8,985 | 8,803 | 1,784 | 22,923 | 19,428 | 2,022 | 84 | 19,047 | |
67/77 |
52,288 | 31,302 | 8,678 | 1,685 | 1,010 | 3,812 | 909 | 2,731 | 1,002 | 6,886 | 6,260 | 904 | 162 | 5,688 | |
9904 |
156,553 | 63,016 | 16,144 | 7,411 | 9,843 | 14,251 | 8,076 | 6,072 | 782 | 16,037 | 13,168 | 1,119 | -78 | 13,359 | |
9905 |
156,553 | 63,016 | 16,144 | 7,411 | 9,843 | 14,251 | 8,076 | 6,072 | 782 | 16,037 | 13,168 | 1,119 | -78 | 13,359 | |
| Appropriation of the result | |||||||||||||||
9906 |
182,578 | 88,025 | 40,323 | 31,180 | 32,769 | 36,927 | 30,675 | 28,599 | 22,527 | 26,745 | 15,709 | 3,160 | 2,041 | 13,359 | |
14P |
26,025 | 25,009 | 24,180 | 23,769 | 22,927 | - | - | - | - | - | - | - | - | - | |
791/2 |
30,000 | 14,000 | - | - | 5,000 | 5,000 | - | - | - | - | - | - | - | - | |
691/2 |
24,000 | 62,000 | 16,000 | 7,000 | 9,000 | 14,000 | 8,000 | 6,000 | - | 5,000 | 5,000 | 620 | - | 11,240 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 620 | - | 1,240 | |
6921 |
24,000 | 62,000 | 16,000 | 7,000 | 9,000 | 14,000 | 8,000 | 6,000 | - | 5,000 | 5,000 | - | - | 10,000 | |
694/7 |
30,000 | 14,000 | - | - | 5,000 | 5,000 | - | - | - | - | - | - | - | - | |
694 |
30,000 | 14,000 | - | - | 5,000 | 5,000 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 22-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-05-2026 | 2026-00118455 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00204060 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00161023 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00349582 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20210504 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-25300262 | |
| 31-12-2019 | micro format | 29-07-2020 | 2020-36200479 | |
| 31-12-2018 | micro format | 12-06-2019 | 2019-18000261 | |
| 31-12-2017 | micro format | 31-05-2018 | 2018-15100596 | |
| 31-12-2016 | micro format | 08-05-2017 | 2017-11400195 | |
| 31-12-2015 | full format | 30-05-2016 | 2016-14000447 | |
| 31-12-2014 | full format | 13-05-2015 | 2015-12000304 | |
| 31-12-2013 | full format | 18-06-2014 | 2014-19200031 | |
| 31-12-2012 | full format | 28-06-2013 | 2013-23300205 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 248,777 | 138,888 | 56,788 | 34,117 | 40,025 | 48,463 | 34,441 | 34,523 | 27,943 | 48,459 | 55,570 | 27,587 | 27,689 | 59,227 | ||
| 185,673 | 82,693 | 45,594 | 28,646 | 35,609 | 42,846 | 31,700 | 30,159 | 24,885 | 39,735 | 40,822 | 24,446 | 24,239 | 53,261 | ||
| 134,863 | 4,150 | 24,228 | 37,085 | 54,483 | 111,862 | 57,538 | 4,619 | 6,913 | 2,768 | 57,560 | 1,945 | 19,285 | 131,778 | ||
| 101,370 | 19,811 | 9,636 | -585 | 3,908 | -26,916 | 17,081 | -22,890 | 19,752 | -785 | 1,189 | 3,087 | 1,334 | - | ||
| 113,706 | 829,286 | 71,460 | 59,696 | 59,084 | 521 | 57,134 | 56,949 | 37,493 | 28,457 | -10,791 | -4,698 | -19,559 | -56,360 | ||
| 59.3% | 14.1% | 33.2% | 32.6% | 31.2% | 48.1% | 50.3% | 68.7% | 64.1% | 50.6% | 35.3% | 33.7% | 25.8% | 23.4% | ||
| 2.24 | 8.28 | 1.97 | 2.62 | 2.39 | 1.02 | 3.29 | 6.95 | 6.55 | 2.38 | 0.74 | 0.79 | 0.45 | 0.23 | ||
| 2.08 | 3.33 | 0.40 | 0.45 | 0.51 | 1.02 | 3.29 | 1.91 | 6.55 | 2.38 | 0.74 | 0.79 | 0.45 | 0.23 | ||
| 0.69 | 6.10 | 2.01 | 2.06 | 2.20 | 1.08 | 0.99 | 0.45 | 0.56 | 0.98 | 1.83 | 1.97 | 2.87 | 3.27 | ||
| 55.4% | 40.3% | 14.9% | 8.0% | 11.6% | 17.8% | 11.4% | 9.7% | 1.4% | 28.6% | 32.9% | 4.2% | -0.3% | 51.9% | ||
| 32.8% | 5.7% | 4.9% | 2.6% | 3.6% | 8.6% | 5.7% | 6.6% | 0.9% | 14.5% | 11.6% | 1.4% | -0.1% | 12.2% | ||
| 22.98 | 5.58 | 22.58 | 8.56 | 11.75 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €134,863 | €4,150 | €24,228 | €37,085 | €54,483 |
| €29,120 | €19,676 | €29,451 | €21,236 | €25,766 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 84% higher than in 2024 and the highest since 2012. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 85.9% to 40.7%. Equity is higher and debt is lower.
DDX has no parent and no holdings in its annual accounts. is the only director. DDX shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Avenue du Four à Briques 19 registered office 1300 Wavre | 05-04-2011 | 2.198.132.143 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25772H0012/00A002 | 802 m² | 1 · 159 m² | 6.0 m · 1 |
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