DFG
ActiveSummary
DFG has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-93k) and a net result of €20k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 1854 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-7
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.56 in 2023; short-term debt: 12.3% and cash: 7.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-28%
Return on assets
6.1%
Age of the figures
21 mo
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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1854 sector peers (2024).
NBB · sector comparisonPosition among 1854 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-09-2025, 52 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
not confirmed
2024
52 d late
2023
121 d late
2022
121 d late
2021
1 d late
2020
53 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-93k▲ 18.0%
2023 · €-113k
2018: €-71k
2019: €-82k
2020: €-117k
2021: €-135k
2022: €-150k
2023: €-113k
2018 → 2024
Total assets
€332k▼ 0.4%
2023 · €333k
2018: €400k
2019: €381k
2020: €357k
2021: €341k
2022: €339k
2023: €333k
2018 → 2024
Net result
€20k▼ 44.4%
2023 · €37k
2018: €-24k
2019: €-11k
2020: €-35k
2021: €-18k
2022: €-15k
2023: €37k
2018 → 2024
Working capital
€-12k▲ 24.6%
2023 · €-16k
2018: €-34k
2019: €-31k
2020: €-25k
2021: €-29k
2022: €-50k
2023: €-16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-117k-€-135k▼ 15.0%€-150k▼ 11.1%€-113k▲ 24.4%€-93k▲ 18.0%
Operating result€-23k-€-7k▲ 71.2%€-5k▲ 21.0%€46k€28k▼ 39.1%
Net result€-35k-€-18k▲ 49.9%€-15k▲ 14.3%€37k€20k▼ 44.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 39% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €332k
Fixed assets
€303k ▼ 3.2%
Current assets
€29k ▲ 43.0%
Key figures and ratios
EBITDA
€45k▼
2023 · €64k
Cash flow
€37k▼
2023 · €55k
Solvency
-28.0%▲
2023 · -34.0%
Current ratio
0.71▲
2023 · 0.56
Debt to equity
-4.57▼
2023 · -3.94
ROA
6.1%▼
2023 · 11.0%
Interest coverage
6.15▼
2023 · 7.50
Debt
€425k▼
2023 · €446k
Debt ≤ 1 year
€41k▲
2023 · €36k
Debt > 1 year
€384k▼
2023 · €410k
Income taxes
€174▼
2023 · €541
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€333k€332k▼
Fixed assets21/28€313k€303k▼
Tangible fixed assets22/27€313k€303k▼
Land and buildings22€281k€271k▼
Plant, machinery and equipment23€27k€28k▲
Furniture and vehicles24€5k€4k▼
Current assets29/58€20k€29k▲
Amounts receivable within one year40/41€761€3k▲
Trade receivables40€445€2k▲
Other amounts receivable41€316€1k▲
Cash at bank and in hand54/58€19k€26k▲
Deferred charges and accrued income490/1€910€313▼
Equity and liabilities
Total equity and liabilities10/49€333k€332k▼
Equity10/15€-113k€-93k▲
Contributions10/11€21k€21k=
Profit (loss) carried forward14€-134k€-114k▲
Amounts payable17/49€446k€425k▼
Amounts payable after more than one year17€410k€384k▼
Financial debts170/4€119k€94k▼
Other amounts payable178/9€291k€290k▼
Amounts payable within one year42/48€36k€41k▲
Current portion of amounts payable after more than one year42€24k€26k▲
Trade debts44€12k€15k▲
Suppliers440/4€12k€15k▲
Advances received on contracts in progress46-€145
Taxes, remuneration and social security45€167€341▲
Taxes450/3€167€341▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€69k€50k▼
Operating profit (loss)9901€46k€28k▼
Financial income75/76B€23€0▼
Recurring financial income75€23€0▼
Financial charges65/66B€9k€7k▼
Recurring financial charges65€9k€7k▼
Profit (loss) for the period before taxes9903€37k€21k▼
Income taxes67/77€541€174▼
Profit (loss) for the period9904€37k€20k▼
Profit (loss) for the period to be appropriated9905€37k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-134k€-114k▲
Profit (loss) brought forward from the previous period14P€-171k€-134k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-12
Financial
Back to profitnet €37k
Net result €37k after 5 loss-making years.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 135 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
28-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Malmedy · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vinave du Vieux Moulin 54960 MalmedyGround area
542 m²
Building footprint
233 m²
Volume, LiDAR
1,400 m³
2 parcels, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DFG
since 20112.197.727.416
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049B0374/00A002 | Wallonia | 331 m² | 1 · 75 m² | - |
| 63049B0398/00W000 | Wallonia | 211 m² | 1 · 158 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector and region
COUNET ANNE-SOPHIE - BODSON LAURENT
BE 1012.923.290
Malmedy
CRAVATTE BENOIT+SCHMATZ SONIA
BE 1009.817.411
Malmedy
IGEFA
BE 0442.911.403
Malmedy
LA MAISON DES TROIS ARBRES
BE 1004.450.638
Malmedy
LA RONA
BE 0837.742.379
Malmedy
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,000 companies in sector 55203 we hold annual accounts for 690. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.