DESIGN EXPRESS
ActiveSummary
DESIGN EXPRESS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.72M and a net result of €1.77M. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 72% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+6
Solvency90▲+11
Growth53▲+3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 1.71 in 2024; short-term debt: 34.8% and cash: 47.8% of total assets), and 35.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
64.7%
Return on assets
20%
Age of the figures
9 mo
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 €5.72M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
10 d late
2021
6 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.75M▲ 22.6%
2024 · €12.03M
2018: €9.90Mlowest in 8 years
2019: €11.85M▲ +19.7% vs 2018
2020: €10.54M▼ -11.0% vs 2019
2021: €11.26M▲ +6.8% vs 2020
2022: €11.59M▲ +2.9% vs 2021
2023: €13.95M▲ +20.3% vs 2022
2024: €12.03M▼ -13.8% vs 2023
2025: €14.75M▲ +22.6% vs 2024highest in 8 years
2018 → 2025
EBIT margin
16.1%▲ 2.8pp
2024 · 13.3%
2018: 25.9%highest in 8 years
2019: 20.1%▼ -22.3% vs 2018
2020: 22.3%▲ +11.1% vs 2019
2021: 18.9%▼ -15.1% vs 2020
2022: 14.6%▼ -23.1% vs 2021
2023: 20.0%▲ +37.6% vs 2022
2024: 13.3%▼ -33.8% vs 2023lowest in 8 years
2025: 16.1%▲ +21.5% vs 2024
2018 → 2025
Net result
€1.77M▲ 44.9%
2024 · €1.22M
2018: €1.84M
2019: €1.72M▼ -6.3% vs 2018
2020: €1.79M▲ +4.1% vs 2019
2021: €1.60M▼ -10.9% vs 2020
2022: €1.28M▼ -19.6% vs 2021
2023: €2.10M▲ +63.9% vs 2022highest in 8 years
2024: €1.22M▼ -41.9% vs 2023lowest in 8 years
2025: €1.77M▲ +44.9% vs 2024
2018 → 2025
Working capital
€3.89M▲ 67.6%
2024 · €2.32M
2018: €1.41M
2019: €2.61M▲ +84.7% vs 2018
2020: €1.47M▼ -43.7% vs 2019
2021: €1.55M▲ +5.3% vs 2020
2022: €1.39M▼ -10.1% vs 2021
2023: €1.29M▼ -7.5% vs 2022lowest in 8 years
2024: €2.32M▲ +80.3% vs 2023
2025: €3.89M▲ +67.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.26M-€11.59M▲ 2.9%€13.95M▲ 20.3%€12.03M▼ 13.8%€14.75M▲ 22.6%
2021: €11.26Mlowest in 5 years
2022: €11.59M▲ +2.9% vs 2021
2023: €13.95M▲ +20.3% vs 2022
2024: €12.03M▼ -13.8% vs 2023
2025: €14.75M▲ +22.6% vs 2024highest in 5 years
Equity€2.94M-€2.72M▼ 7.4%€2.72M=€3.95M▲ 44.9%€5.72M▲ 44.9%
2021: €2.94M
2022: €2.72M▼ -7.4% vs 2021lowest in 5 years
2023: €2.72M● +0.0% vs 2022
2024: €3.95M▲ +44.9% vs 2023
2025: €5.72M▲ +44.9% vs 2024highest in 5 years
Operating result€2.13M-€1.69M▼ 20.9%€2.79M▲ 65.6%€1.59M▼ 42.9%€2.37M▲ 49.0%
2021: €2.13M
2022: €1.69M▼ -20.9% vs 2021
2023: €2.79M▲ +65.6% vs 2022highest in 5 years
2024: €1.59M▼ -42.9% vs 2023lowest in 5 years
2025: €2.37M▲ +49.0% vs 2024
Net result€1.60M-€1.28M▼ 19.6%€2.10M▲ 63.9%€1.22M▼ 41.9%€1.77M▲ 44.9%
2021: €1.60M
2022: €1.28M▼ -19.6% vs 2021
2023: €2.10M▲ +63.9% vs 2022highest in 5 years
2024: €1.22M▼ -41.9% vs 2023lowest in 5 years
2025: €1.77M▲ +44.9% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.84M
Fixed assets
€1.88M ▲ 12.9%
Current assets
€6.97M ▲ 24.4%
Equity and liabilities €8.84M
Equity
€5.72M ▲ 44.9%
Debt
€3.12M ▼ 5.8%
Debt's share of the balance-sheet total falls from 45.7% to 35.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.56M▲
2024 · €1.78M
Cash flow
€1.95M▲
2024 · €1.40M
Current ratio
2.27▲
2024 · 1.71
Debt to equity
0.55▼
2024 · 0.84
ROE
31.0%=
2024 · 31.0%
ROA
20.0%▲
2024 · 16.8%
Interest coverage
34.86▲
2024 · 31.32
Debt ≤ 1 year
€3.07M▼
2024 · €3.28M
Income taxes
€614k▲
2024 · €418k
Staff costs
€2.74M▼
2024 · €2.86M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.26M€8.84M▲
Fixed assets21/28€1.66M€1.88M▲
Tangible fixed assets22/27€1.66M€1.88M▲
Land and buildings22€1.49M€1.71M▲
Plant, machinery and equipment23€27k€22k▼
Furniture and vehicles24€145k€149k▲
Financial fixed assets28€50€50=
Other financial fixed assets284/8€50€50=
Amounts receivable and cash guarantees285/8€50€50=
Current assets29/58€5.60M€6.97M▲
Amounts receivable within one year40/41€2.86M€2.73M▼
Trade receivables40€2.66M€2.53M▼
Other amounts receivable41€197k€207k▲
Cash at bank and in hand54/58€2.74M€4.23M▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€7.26M€8.84M▲
Equity10/15€3.95M€5.72M▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€3.93M€5.70M▲
Amounts payable17/49€3.32M€3.12M▼
Amounts payable within one year42/48€3.28M€3.07M▼
Trade debts44€1.42M€1.22M▼
Suppliers440/4€1.42M€1.22M▼
Taxes, remuneration and social security45€784k€783k=
Taxes450/3€494k€496k▲
Remuneration and social security454/9€290k€287k▼
Other amounts payable47/48€1.07M€1.07M=
Accrued charges and deferred income492/3€37k€50k▲
Income statement
Code20242025
Operating income70/76A€12.03M€14.75M▲
Turnover70€12.03M€14.75M▲
Operating charges60/66A€10.43M€12.37M▲
Goods for resale, raw materials and consumables60€5.72M€7.64M▲
Purchases600/8€5.72M€7.64M▲
Services and other goods61€1.53M€1.64M▲
Remuneration, social security and pensions62€2.86M€2.74M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€181k€183k▲
Other operating charges640/8€141k€143k▲
Non-recurring operating charges66A-€13k
Operating profit (loss)9901€1.59M€2.37M▲
Financial income75/76B€103k€83k▼
Recurring financial income75€103k€83k▼
Other financial income752/9€103k€83k▼
Financial charges65/66B€57k€73k▲
Recurring financial charges65€57k€73k▲
Other financial charges652/9€57k€73k▲
Profit (loss) for the period before taxes9903€1.64M€2.38M▲
Income taxes67/77€418k€614k▲
Taxes670/3€418k€614k▲
Profit (loss) for the period9904€1.22M€1.77M▲
Profit (loss) for the period to be appropriated9905€1.22M€1.77M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.93M€5.70M▲
Profit (loss) brought forward from the previous period14P€2.70M€3.93M▲
Social balance
Average headcount (FTE)908728.724.5▼
The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €11.26M | €11.59M | €13.96M | €12.03M | €14.75M | ▲ 22.6% |
| Turnover70 | €11.26M | €11.59M | €13.95M | €12.03M | €14.75M | ▲ 22.6% |
| Non-recurring operating income76A | - | - | €16k | - | - | - |
| Operating charges60/66A | €9.13M | €9.90M | €11.17M | €10.43M | €12.37M | ▲ 18.6% |
| Goods for resale, raw materials and consumables60 | €5.25M | €5.29M | €6.25M | €5.72M | €7.64M | ▲ 33.5% |
| Purchases600/8 | €5.25M | €5.29M | €6.25M | €5.72M | €7.64M | ▲ 33.5% |
| Services and other goods61 | €996k | €1.39M | €1.43M | €1.53M | €1.64M | ▲ 7.8% |
| Remuneration, social security and pensions62 | €2.71M | €3.01M | €3.17M | €2.86M | €2.74M | ▼ 4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €151k | €176k | €185k | €181k | €183k | ▲ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €13k | - | - | - | - |
| Other operating charges640/8 | €19k | €24k | €139k | €141k | €143k | ▲ 1.0% |
| Non-recurring operating charges66A | - | - | €350 | - | €13k | - |
| Operating profit (loss)9901 | €2.13M | €1.69M | €2.79M | €1.59M | €2.37M | ▲ 49.0% |
| Financial income75/76B | €7k | €3k | €38k | €103k | €83k | ▼ 19.2% |
| Recurring financial income75 | €6k | €3k | €38k | €103k | €83k | ▼ 19.2% |
| Other financial income752/9 | €6k | €3k | €38k | €103k | €83k | ▼ 19.2% |
| Non-recurring financial income76B | €877 | €896 | - | - | - | - |
| Financial charges65/66B | €28k | €11k | €11k | €57k | €73k | ▲ 29.4% |
| Recurring financial charges65 | €28k | €11k | €11k | €57k | €73k | ▲ 29.4% |
| Other financial charges652/9 | €28k | €11k | €11k | €57k | €73k | ▲ 29.4% |
| Non-recurring financial charges66B | - | €58 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.11M | €1.68M | €2.82M | €1.64M | €2.38M | ▲ 45.4% |
| Income taxes67/77 | €514k | €396k | €718k | €418k | €614k | ▲ 46.8% |
| Taxes670/3 | €514k | €396k | €718k | €418k | €614k | ▲ 46.8% |
| Profit (loss) for the period9904 | €1.60M | €1.28M | €2.10M | €1.22M | €1.77M | ▲ 44.9% |
| Profit (loss) for the period to be appropriated9905 | €1.60M | €1.28M | €2.10M | €1.22M | €1.77M | ▲ 44.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.18M | €5.18M | €6.50M | €7.26M | €8.84M | ▲ 21.7% |
| Fixed assets21/28 | €1.44M | €1.39M | €1.50M | €1.66M | €1.88M | ▲ 12.9% |
| Tangible fixed assets22/27 | €1.44M | €1.39M | €1.50M | €1.66M | €1.88M | ▲ 12.9% |
| Land and buildings22 | €1.22M | €1.15M | €1.18M | €1.49M | €1.71M | ▲ 14.5% |
| Plant, machinery and equipment23 | €59k | €58k | €41k | €27k | €22k | ▼ 18.6% |
| Furniture and vehicles24 | €157k | €186k | €284k | €145k | €149k | ▲ 2.5% |
| Financial fixed assets28 | €2k | €2k | €50 | €50 | €50 | = |
| Other financial fixed assets284/8 | €2k | €2k | €50 | €50 | €50 | = |
| Amounts receivable and cash guarantees285/8 | €2k | €2k | €50 | €50 | €50 | = |
| Current assets29/58 | €4.74M | €3.79M | €5.00M | €5.60M | €6.97M | ▲ 24.4% |
| Amounts receivable within one year40/41 | €2.03M | €2.29M | €3.15M | €2.86M | €2.73M | ▼ 4.3% |
| Trade receivables40 | €1.25M | €1.57M | €2.89M | €2.66M | €2.53M | ▼ 5.0% |
| Other amounts receivable41 | €782k | €714k | €260k | €197k | €207k | ▲ 5.2% |
| Cash at bank and in hand54/58 | €2.68M | €1.48M | €1.84M | €2.74M | €4.23M | ▲ 54.6% |
| Deferred charges and accrued income490/1 | €19k | €24k | €10k | €6k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.18M | €5.18M | €6.50M | €7.26M | €8.84M | ▲ 21.7% |
| Equity10/15 | €2.94M | €2.72M | €2.72M | €3.95M | €5.72M | ▲ 44.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2.92M | €2.70M | €2.70M | €3.93M | €5.70M | ▲ 45.1% |
| Amounts payable17/49 | €3.23M | €2.46M | €3.78M | €3.32M | €3.12M | ▼ 5.8% |
| Amounts payable within one year42/48 | €3.19M | €2.40M | €3.71M | €3.28M | €3.07M | ▼ 6.2% |
| Trade debts44 | €1.08M | €267k | €705k | €1.42M | €1.22M | ▼ 14.4% |
| Suppliers440/4 | €1.08M | €267k | €705k | €1.42M | €1.22M | ▼ 14.4% |
| Taxes, remuneration and social security45 | €585k | €603k | €878k | €784k | €783k | = |
| Taxes450/3 | €357k | €338k | €596k | €494k | €496k | ▲ 0.5% |
| Remuneration and social security454/9 | €228k | €265k | €282k | €290k | €287k | ▼ 0.9% |
| Other amounts payable47/48 | €1.52M | €1.52M | €2.13M | €1.07M | €1.07M | = |
| Accrued charges and deferred income492/3 | €48k | €61k | €64k | €37k | €50k | ▲ 34.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.60M | €1.28M | €2.10M | €1.22M | €1.77M | ▲ 44.9% |
| + Depreciation and write-downs630 | €151k | €176k | €185k | €181k | €183k | ▲ 0.8% |
| Operating cash flow (approximation) | €1.75M | €1.46M | €2.29M | €1.40M | €1.95M | ▲ 39.2% |
| Investment in fixed assets (approximation) | - | €-129k | €-293k | €-343k | €-398k | ▼ 15.8% |
| Change in cash | - | €-1.21M | €361k | €897k | €1.49M | ▲ 66.7% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Equity above €5MEq €5.72M ▲44.9%
8 profitable years in a row build equity to €5.72M.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €1.22M ▼41.9%
Net result drops to €1.22M, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €2.10M ▲63.9%
Operating result €2.79M, net result €2.10M, both a record.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 10 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Mechelen · 2 establishment units since 1989
Ground area
8,320 m²
Building footprint
1,887 m²
Volume, LiDAR
34,745 m³
2 parcels, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
DESIGN EXPRESS BVBA
since 19892.043.777.330
Design Express Hasselt
since 20122.229.577.365
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0279/00Z002 | Flanders | 7,392 m² | 1 · 1,703 m² | 23.4 m · 6 fl. |
| 12020A0257/00N000 | Flanders | 928 m² | 1 · 185 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 9,636 EUR awarded · 9,550 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | -1,193 EUR | 248 EUR |
| 2024 | 3 | 2,095 EUR | 1,256 EUR |
| 2023 | 2 | 3,551 EUR | 2,863 EUR |
| 2022 | 2 | 5,183 EUR | 5,183 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 1,178 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
73110Advertising agencies
85599Other education
Contact
Website
www.designexpress.eu
E-mail
lucas@designexpress.eu
Scores and ratios are computed by Checked and are not a credit decision.