DERBRO
ActiveSummary
DERBRO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185,400 and a net result of -€4,942. Equity is shrinking by ~2.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-3
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
short-term debt: 0% and cash: 16.1% of total assets, and 0% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
44 d early
2023
30 d early
2022
39 d early
2021
8 d late
2020
12 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€185,400▼ 2.6%
2024 · €190,343
Total assets
€185,420▼ 6.2%
2024 · €197,715
Net result
-€4,942▼ 200%
2024 · -€1,645
Working capital
€40,076▲ 61.7%
2024 · €24,783
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,386▲ 48.5%€22,679▲ 1.3%-€2,523-€1,070▲ 57.6%-€4,363▼ 308%
Net result€13,212▼ 2.9%€14,098▲ 6.7%-€692-€1,645▼ 138%-€4,942▼ 200%
Equity€234,480▲ 5.2%€246,978▲ 5.3%€191,988▼ 22.3%€190,343▼ 0.9%€185,400▼ 2.6%
Total assets€243,341▲ 2.6%€255,941▲ 5.2%€254,298▼ 0.6%€197,715▼ 22.3%€185,420▼ 6.2%
Debt€8,861▼ 37.6%€8,963▲ 1.2%€62,310▲ 595%€7,372▼ 88.2%€20▼ 99.7%
Working capital€125,523▲ 20.0%€32,570▼ 74.1%-€3,001€24,783€40,076▲ 61.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,363 in 2025 against €1,070 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185,420
Fixed assets
€145,324 ▼ 12.2%
Current assets
€40,096 ▲ 24.7%
Equity and liabilities €185,420
Equity
€185,400 ▼ 2.6%
Debt
€20 ▼ 99.7%
Debt's share of the balance-sheet total falls from 3.7% to 0.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€25,846▼
2024 · €29,685
Cash flow
€25,267▼
2024 · €29,110
Debt to equity
0.00▼
2024 · 0.04
ROE
-2.7%▼
2024 · -0.9%
ROA
-2.7%▼
2024 · -0.8%
Interest coverage
172.31▼
2024 · 219.89
Debt ≤ 1 year
€20▼
2024 · €7,372
Income taxes
€429▼
2024 · €441
A ratio outside any meaningful range has been withheld (balance sheet total €185,420, equity €185,400).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,788 | €15,179 | €30,362 | €30,755 | €30,209 | ▼ 1.8% |
| Other operating charges640/8 | €4,142 | €5,518 | €3,928 | €3,766 | €4,074 | ▲ 8.2% |
| Gross operating margin9900 | €43,316 | €43,376 | €31,767 | €33,452 | €29,920 | ▼ 10.6% |
| Operating profit (loss)9901 | €22,386 | €22,679 | -€2,523 | -€1,070 | -€4,363 | ▼ 308% |
| Financial charges65/66B | €398 | €520 | €124 | €135 | €150 | ▲ 11.1% |
| Recurring financial charges65 | €398 | €520 | €124 | €135 | €150 | ▲ 11.1% |
| Profit (loss) for the period before taxes9903 | €21,988 | €22,159 | -€2,647 | -€1,205 | -€4,513 | ▼ 275% |
| Income taxes67/77 | €8,776 | €8,061 | -€1,955 | €441 | €429 | ▼ 2.6% |
| Profit (loss) for the period9904 | €13,212 | €14,098 | -€692 | -€1,645 | -€4,942 | ▼ 200% |
| Profit (loss) for the period to be appropriated9905 | €13,212 | €14,098 | -€692 | -€1,645 | -€4,942 | ▼ 200% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €243,341 | €255,941 | €254,298 | €197,715 | €185,420 | ▼ 6.2% |
| Fixed assets21/28 | €108,957 | €214,408 | €194,989 | €165,560 | €145,324 | ▼ 12.2% |
| Tangible fixed assets22/27 | €108,957 | €214,408 | €194,989 | €165,560 | €145,324 | ▼ 12.2% |
| Land and buildings22 | €108,957 | €95,695 | €90,893 | €86,687 | €83,987 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | - | €4,636 | €3,664 | €10,370 | ▲ 183% |
| Furniture and vehicles24 | - | €118,713 | €99,461 | €75,209 | €50,967 | ▼ 32.2% |
| Current assets29/58 | €134,384 | €41,533 | €59,309 | €32,155 | €40,096 | ▲ 24.7% |
| Amounts receivable within one year40/41 | €12,546 | €29,484 | €12,839 | €13,026 | €7,322 | ▼ 43.8% |
| Trade receivables40 | - | - | €3,334 | €3,521 | €4,054 | ▲ 15.2% |
| Other amounts receivable41 | €12,546 | €29,484 | €9,505 | €9,505 | €3,268 | ▼ 65.6% |
| Cash at bank and in hand54/58 | €118,150 | €11,080 | €46,460 | €19,130 | €29,775 | ▲ 55.6% |
| Deferred charges and accrued income490/1 | €3,688 | €969 | €10 | €0 | €3,000 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €243,341 | €255,941 | €254,298 | €197,715 | €185,420 | ▼ 6.2% |
| Equity10/15 | €234,480 | €246,978 | €191,988 | €190,343 | €185,400 | ▼ 2.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €215,880 | €228,378 | €174,080 | €174,080 | €174,080 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €214,020 | €226,518 | €174,080 | €174,080 | €174,080 | = |
| Profit (loss) carried forward14 | €0 | €0 | -€692 | -€2,337 | -€7,280 | ▼ 211% |
| Amounts payable17/49 | €8,861 | €8,963 | €62,310 | €7,372 | €20 | ▼ 99.7% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Other amounts payable178/9 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €8,861 | €8,963 | €62,310 | €7,372 | €20 | ▼ 99.7% |
| Financial debts43 | €1,929 | €765 | €535 | €0 | €20 | - |
| Credit institutions430/8 | €1,929 | - | - | - | - | - |
| Other loans439 | - | €765 | €535 | €0 | €20 | - |
| Trade debts44 | €137 | €469 | €0 | €707 | €0 | ▼ 100% |
| Suppliers440/4 | €137 | €469 | €0 | €707 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €1,321 | €1,321 | €0 | €441 | €0 | ▼ 100% |
| Taxes450/3 | €1,321 | €1,321 | €0 | €441 | €0 | ▼ 100% |
| Other amounts payable47/48 | €5,474 | €6,408 | €61,775 | €6,224 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,212 | €14,098 | -€692 | -€1,645 | -€4,942 | ▼ 200% |
| + Depreciation and write-downs630 | €16,788 | €15,179 | €30,362 | €30,755 | €30,209 | ▼ 1.8% |
| Operating cash flow (approximation) | €30,000 | €29,277 | €29,670 | €29,110 | €25,267 | ▼ 13.2% |
| Investment in fixed assets (approximation) | - | -€120,630 | -€10,943 | -€1,326 | -€9,973 | ▼ 652% |
| Change in cash | - | -€107,071 | €35,380 | -€27,330 | €10,645 | ▲ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 462current ratio 2015.90
Current ratio from 4.36 to 2015.90; short-term debt falls from €7,372 to €20.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 4.36
Current ratio from 0.95 to 4.36; short-term debt falls from €62,310 to €7,372.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Back to profitnet €13,602
Net result €13,602 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 16.62
Current ratio from 5.70 to 16.62; short-term debt falls from €15,117 to €6,699.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€25,044
Net result drops to -€25,044, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial
Liquidity times 34current ratio 5.70
Current ratio from 0.17 to 5.70.
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Dilsen-Stokkem · 1 establishment unit since 2001
Ground area
872 m²
Building footprint
197 m²
Volume, LiDAR
1,143 m³
Parcel 72032B0947/00M000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DERBRO
since 20012.095.351.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72032B0947/00M000 | Flanders | 872 m² | 1 · 197 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded26-02-2001
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474188755
Also
9925:BE0474188755
Registered
10-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.