DESIGN LIGHT
ActiveSummary
DESIGN LIGHT has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,320 and a net result of €24,520. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency35▲+35
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
10%
Return on assets
38.7%
Age of the figures
9 mo
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
31 d early
2023
7 d early
2022
21 d late
2021
24 d late
2020
48 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed 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
€6,320
2024 · -€18,200
Total assets
€63,331▲ 227%
2024 · €19,354
Net result
€24,520▲ 173%
2024 · €8,973
Working capital
-€6,962▲ 77.3%
2024 · -€30,683
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,698▼ 77.1%€4,566▲ 23.5%€20,358▲ 346%€12,707▼ 37.6%€34,009▲ 168%
Net result-€4,254below the sector's middle half€3,095within the sector's middle half€10,072within the sector's middle half▲ 225%€8,973within the sector's middle half▼ 10.9%€24,520within the sector's middle half▲ 173%
Equity-€40,341below the sector's middle half▼ 11.8%-€37,245below the sector's middle half▲ 7.7%-€27,173below the sector's middle half▲ 27.0%-€18,200below the sector's middle half▲ 33.0%€6,320below the sector's middle half
Total assets€34,035below the sector's middle half▲ 44.7%€13,036below the sector's middle half▼ 61.7%€19,017below the sector's middle half▲ 45.9%€19,354below the sector's middle half▲ 1.8%€63,331below the sector's middle half▲ 227%
Debt€74,375▲ 24.8%€50,281▼ 32.4%€46,190▼ 8.1%€37,555▼ 18.7%€57,011▲ 51.8%
Working capital-€52,621▼ 6.8%-€49,728▲ 5.5%-€39,656▲ 20.3%-€30,683▲ 22.6%-€6,962▲ 77.3%
Solvency-118.5%below the sector's middle half▲ 34.8pp-285.7%below the sector's middle half▼ 167.2pp-142.9%below the sector's middle half▲ 142.8pp-94.0%below the sector's middle half▲ 48.9pp10.0%within the sector's middle half▲ 104.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 168% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63,331
Fixed assets
€13,282 ▲ 6.4%
Current assets
€50,049 ▲ 628%
Equity and liabilities €63,331
Equity
€6,320
Debt
€57,011
Debt finances 90.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€34,198
Cash flow
€24,709
Current ratio
0.88▲
2024 · 0.18
Debt to equity
9.02▲
2024 · -2.06
ROE
388.0%
ROA
38.7%▼
2024 · 46.4%
Interest coverage
96.03
Debt ≤ 1 year
€57,011▲
2024 · €37,555
Income taxes
€9,165▲
2024 · €3,747
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 928 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
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 928 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 | - | - | - | - | €189 | - |
| Other operating charges640/8 | €348 | - | - | - | - | - |
| Gross operating margin9900 | €4,046 | €4,566 | €20,358 | €12,707 | €34,198 | ▲ 169% |
| Operating profit (loss)9901 | €3,698 | €4,566 | €20,358 | €12,707 | €34,009 | ▲ 168% |
| Financial income75/76B | - | €1 | €0 | €185 | €32 | ▼ 82.8% |
| Recurring financial income75 | - | €1 | €0 | €185 | €32 | ▼ 82.8% |
| Financial charges65/66B | €305 | €109 | €327 | €173 | €356 | ▲ 106% |
| Recurring financial charges65 | €305 | €109 | €327 | €173 | €356 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €3,393 | €4,458 | €20,032 | €12,720 | €33,685 | ▲ 165% |
| Income taxes67/77 | €7,646 | €1,362 | €9,960 | €3,747 | €9,165 | ▲ 145% |
| Profit (loss) for the period9904 | -€4,254 | €3,095 | €10,072 | €8,973 | €24,520 | ▲ 173% |
| Profit (loss) for the period to be appropriated9905 | -€4,254 | €3,095 | €10,072 | €8,973 | €24,520 | ▲ 173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,035 | €13,036 | €19,017 | €19,354 | €63,331 | ▲ 227% |
| Fixed assets21/28 | €12,483 | €12,483 | €12,483 | €12,483 | €13,282 | ▲ 6.4% |
| Tangible fixed assets22/27 | - | - | - | - | €799 | - |
| Furniture and vehicles24 | - | - | - | - | €799 | - |
| Financial fixed assets28 | €12,483 | €12,483 | €12,483 | €12,483 | €12,483 | = |
| Current assets29/58 | €21,552 | €553 | €6,534 | €6,872 | €50,049 | ▲ 628% |
| Amounts receivable within one year40/41 | €20,844 | €531 | €3,533 | €6,272 | €37,910 | ▲ 504% |
| Trade receivables40 | €20,844 | - | €2,865 | €5,865 | €37,502 | ▲ 539% |
| Other amounts receivable41 | - | €531 | €668 | €408 | €408 | ▼ 0.1% |
| Cash at bank and in hand54/58 | €708 | €22 | €2,883 | €476 | €11,904 | ▲ 2,400% |
| Deferred charges and accrued income490/1 | - | - | €117 | €123 | €235 | ▲ 91.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,035 | €13,036 | €19,017 | €19,354 | €63,331 | ▲ 227% |
| Equity10/15 | -€40,341 | -€37,245 | -€27,173 | -€18,200 | €6,320 | ▲ 135% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€58,933 | -€55,837 | -€45,765 | -€36,792 | -€12,272 | ▲ 66.6% |
| Amounts payable17/49 | €74,375 | €50,281 | €46,190 | €37,555 | €57,011 | ▲ 51.8% |
| Amounts payable within one year42/48 | €74,173 | €50,281 | €46,190 | €37,555 | €57,011 | ▲ 51.8% |
| Trade debts44 | €19,935 | €129 | €2,921 | €1,755 | €34,744 | ▲ 1,879% |
| Suppliers440/4 | €19,935 | €129 | €2,921 | €1,755 | €34,744 | ▲ 1,879% |
| Advances received on contracts in progress46 | - | - | - | €478 | €477 | ▼ 0.3% |
| Taxes, remuneration and social security45 | €4,243 | €4,367 | €6,894 | €9,183 | €12,966 | ▲ 41.2% |
| Taxes450/3 | €4,243 | €4,367 | €6,894 | €9,183 | €12,966 | ▲ 41.2% |
| Other amounts payable47/48 | €49,994 | €45,786 | €36,374 | €26,139 | €8,825 | ▼ 66.2% |
| Accrued charges and deferred income492/3 | €203 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,254 | €3,095 | €10,072 | €8,973 | €24,520 | ▲ 173% |
| + Depreciation and write-downs630 | - | - | - | - | €189 | - |
| Operating cash flow (approximation) | -€4,254 | €3,095 | €10,072 | €8,973 | €24,709 | ▲ 175% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€988 | - |
| Change in cash | - | -€686 | €2,861 | -€2,407 | €11,428 | ▲ 575% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €24,520 ▲173%
Operating result €34,009, net result €24,520, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Back to profitnet €3,095
Net result €3,095 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Weakest financial yearnet -€4,254
Net result drops to -€4,254, the lowest in the series; recovery starts the following year.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
31-12
Financial
Back to profitnet €11,187
Net result €11,187 after one loss-making year.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
14-06
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.
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, Keerbergen · 1 establishment unit since 1987
Ground area
2,536 m²
Building footprint
706 m²
Volume, LiDAR
4,801 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hallesesteenweg 101, 1640 Sint-Genesius-Rode
since 19872.031.953.228
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048A0015/00P000 | Flanders | 1,964 m² | 1 · 132 m² | 7.7 m · 2 fl. |
| 22004D0023/00D026 | Flanders | 571 m² | 1 · 574 m² | 12.0 m · 3 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.
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Of 1,244 companies in sector 46643 we hold annual accounts for 955. 160 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
Founded09-11-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432461830
Also
9925:BE0432461830
Registered
13-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.