Checked.be
Active
BE 0897.056.097Private limited company
DF Management
Nijverheidsstraat 70 ·2160 Wommelgem, Belgium· 18 yrs active
Conclusion
DF Management has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €290k and a net result of €-15k. Equity is shrinking by ~5.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €290k |
| Net result | €-15k |
| Active | 18 yrs |
| Locations | 1 |
Financial profile
58
/ 100
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
60
Profitability
0
Solvency
100
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2008, 18 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
60
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€17k
estimate, not credit advice
Score history
93
2021
52
2022
52
2023
60
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 40.48 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.26 (≥ 1.0)
+5
Leverage
Debt/equity 0.03 (< 1.0)
+10
Profitability
Negatieve ROE -5%
-10
Interest coverage
Interest coverage -70.1× (< 1.5×)
-10
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-08-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~5.3%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€-13k
+27.6%
21-24
€-15k
+27.9%
21-24
€-11k
+35.1%
21-24
€298k
-5.6%
21-24
€290k
-5.0%
21-24
€285k
-3.7%
21-24
€199
-
21-24
€8k
-22.1%
21-24
€7k
-23.7%
21-24
40.48
+25.4%
21-24
4.26
-8.1%
21-24
97.3%
+0.6%
21-24
0.03
-17.9%
21-24
-5.3%
+24.1%
21-24
-5.2%
+23.7%
21-24
-70.08
-10.6%
21-24
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | +27.6% | +8.7% | - | - |
| Net profit | +27.9% | -51.2% | - | - |
| Cash flow | +35.1% | -76.4% | - | - |
| Staff costs | - | - | - | - |
| Income taxes | - | - | - | - |
| Dividends | - | - | - | - |
| Total assets | -5.6% | -33.4% | -28.2% | - |
| Equity | -5.0% | -6.5% | -4.1% | - |
| Debt | -22.1% | -93.1% | -53.9% | - |
| of which ≤ 1y | -23.7% | -93.5% | -54.0% | - |
| of which > 1y | - | - | - | - |
| Working capital | -3.7% | -5.3% | -2.9% | - |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 40.48 | 32.27 | 3.14 | 2.01 |
| Quick ratio | 4.26 | 4.63 | 1.35 | 1.19 |
| Working capital ratio | 95.7% | 93.8% | 66.0% | 48.8% |
| Solvency | 97.3% | 96.8% | 69.0% | 51.7% |
| Debt / equity | 0.03 | 0.03 | 0.45 | 0.94 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -70.08 | -63.38 | -79.60 | 628.71 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -5.2% | -6.8% | -3.0% | 17.5% |
| ROE | -5.3% | -7.0% | -4.3% | 33.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €298k | €316k | €474k | €660k |
| Fixed assets | 21/28 | €6k | €10k | €15k | €19k |
| Tangible fixed assets | 22/27 | €4k | €9k | €13k | €18k |
| Financial fixed assets | 28 | €2k | €2k | €2k | €2k |
| Current assets | 29/58 | €292k | €306k | €459k | €641k |
| Stocks & contracts in progress | 3 | €262k | €262k | €262k | €262k |
| Amounts receivable within one year | 40/41 | €23k | €34k | €2k | €22k |
| Cash & bank | 54/58 | €2k | €4k | €189k | €309k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €298k | €316k | €474k | €660k |
| Equity | 10/15 | €290k | €306k | €327k | €341k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €272k | €287k | €308k | €322k |
| Amounts payable | 17/49 | €8k | €10k | €147k | €319k |
| Amounts payable within one year | 42/48 | €7k | €9k | €146k | €318k |
| Trade debts payable within one year | 44 | €776 | €3k | €553 | €19k |
| Income statement | |||||
| Gross operating margin | 9900 | €-11k | €-16k | €-18k | €119k |
| Operating result | 9901 | €-17k | €-22k | €-24k | €114k |
| Financial income | 75 | €2k | €865 | €1 | €2 |
| Financial charges | 65 | €179 | €273 | €238 | €187 |
| Result before taxes | 9903 | €-15k | €-21k | €-24k | €156k |
| Income taxes | 67/77 | €199 | - | €-10k | €40k |
| Net result for the period | 9904 | €-15k | €-21k | €-14k | €116k |
| Result to be appropriated | 9905 | €-15k | €-21k | €-14k | €116k |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 28-03-2008 |
| Status | Active |
| Postal code | 2160 |
Establishment units
ZELFUWVASTGOEDVERKOPEN of afgekort ZUVV
since 20092.177.704.933
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052C0585/00T002 | Flanders | 1.0 ha | 1 · 2,288 m² | 14.7 m · 4 fl. |
| 11017A0197/00L002 | Flanders | 4,518 m² | 1 · 1,265 m² | 12.9 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 10current ratio 32.27
Current ratio from 3.14 to 32.27; short-term debt falls from €146k to €9k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 240 days late
2018
26-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 118 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 373 days late
2016
13-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 166 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | DF Management |
| AbbreviationNL | DFM |