DHR PARTNERS
ActiveSummary
DHR PARTNERS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €667k and a net result of €109k. Equity is growing by ~55.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 5.8 against 3.5 in 2024; short-term debt: 15.6% and cash: 9.7% of total assets), and 19.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
80.1%
Return on assets
13%
Age of the figures
18 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 06-11-2025, 6 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 · 6 filingsDeviation from the deadline
2025
6 d late
2024
5 d late
2023
4 d early
2022
4 d early
2021
5 d late
2020
66 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€667k▲ 8.5%
2024 · €615k
2020: €91klowest in 6 years
2021: €155k▲ +70.0% vs 2020
2022: €254k▲ +63.8% vs 2021
2023: €347k▲ +36.2% vs 2022
2024: €615k▲ +77.3% vs 2023
2025: €667k▲ +8.5% vs 2024highest in 6 years
2020 → 2025
Total assets
€832k▼ 4.2%
2024 · €869k
2020: €130klowest in 6 years
2021: €211k▲ +62.9% vs 2020
2022: €328k▲ +55.3% vs 2021
2023: €424k▲ +29.5% vs 2022
2024: €869k▲ +105% vs 2023highest in 6 years
2025: €832k▼ -4.2% vs 2024
2020 → 2025
Net result
€109k▼ 63.4%
2024 · €297k
2020: €73k
2021: €64k▼ -12.2% vs 2020lowest in 6 years
2022: €99k▲ +55.1% vs 2021
2023: €112k▲ +13.1% vs 2022
2024: €297k▲ +164% vs 2023highest in 6 years
2025: €109k▼ -63.4% vs 2024
2020 → 2025
Working capital
€622k▲ 4.1%
2024 · €597k
2020: €83klowest in 6 years
2021: €144k▲ +74.5% vs 2020
2022: €242k▲ +67.5% vs 2021
2023: €337k▲ +39.6% vs 2022
2024: €597k▲ +77.1% vs 2023
2025: €622k▲ +4.1% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€254k▲ 63.8%€347k▲ 36.2%€615k▲ 77.3%€667k▲ 8.5%
2021: €155klowest in 5 years
2022: €254k▲ +63.8% vs 2021
2023: €347k▲ +36.2% vs 2022
2024: €615k▲ +77.3% vs 2023
2025: €667k▲ +8.5% vs 2024highest in 5 years
Operating result€77k-€126k▲ 63.3%€136k▲ 7.8%€380k▲ 179%€116k▼ 69.4%
2021: €77klowest in 5 years
2022: €126k▲ +63.3% vs 2021
2023: €136k▲ +7.8% vs 2022
2024: €380k▲ +179% vs 2023highest in 5 years
2025: €116k▼ -69.4% vs 2024
Net result€64k-€99k▲ 55.1%€112k▲ 13.1%€297k▲ 164%€109k▼ 63.4%
2021: €64klowest in 5 years
2022: €99k▲ +55.1% vs 2021
2023: €112k▲ +13.1% vs 2022
2024: €297k▲ +164% vs 2023highest in 5 years
2025: €109k▼ -63.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €832k
Fixed assets
€81k ▲ 145%
Current assets
€751k ▼ 10.1%
Equity and liabilities €832k
Equity
€667k ▲ 8.5%
Debt
€165k ▼ 35.0%
Debt's share of the balance-sheet total falls from 29.3% to 19.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€131k▼
2024 · €391k
Cash flow
€123k▼
2024 · €308k
Current ratio
5.80▲
2024 · 3.50
Debt to equity
0.25▼
2024 · 0.41
ROE
16.3%▼
2024 · 48.2%
ROA
13.0%▼
2024 · 34.1%
Interest coverage
17.68▼
2024 · 180.83
Debt ≤ 1 year
€130k▼
2024 · €239k
Debt > 1 year
€36k▲
2024 · €16k
Income taxes
€20k▼
2024 · €95k
Staff costs
€499k▲
2024 · €371k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€869k€832k▼
Fixed assets21/28€33k€81k▲
Tangible fixed assets22/27€33k€81k▲
Plant, machinery and equipment23€10k€11k▲
Furniture and vehicles24€3k€14k▲
Leasing and similar rights25€20k€56k▲
Current assets29/58€836k€751k▼
Amounts receivable within one year40/41€520k€603k▲
Trade receivables40€169k€207k▲
Other amounts receivable41€351k€397k▲
Current investments50/53-€68k
Cash at bank and in hand54/58€316k€80k▼
Equity and liabilities
Total equity and liabilities10/49€869k€832k▼
Equity10/15€615k€667k▲
Contributions10/11€19k€19k=
Reserves13€328k€596k▲
Distributable reserves133€328k€596k▲
Profit (loss) carried forward14€268k€52k▼
Amounts payable17/49€254k€165k▼
Amounts payable after more than one year17€16k€36k▲
Financial debts170/4€16k€36k▲
Amounts payable within one year42/48€239k€130k▼
Current portion of amounts payable after more than one year42-€15k
Trade debts44€46k€6k▼
Suppliers440/4€46k€6k▼
Taxes, remuneration and social security45€186k€102k▼
Taxes450/3€120k€37k▼
Remuneration and social security454/9€65k€65k▼
Other amounts payable47/48€7k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€371k€499k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€15k▲
Other operating charges640/8€8k€30k▲
Gross operating margin9900€769k€660k▼
Operating profit (loss)9901€380k€116k▼
Financial income75/76B€14k€19k▲
Recurring financial income75€14k€19k▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€391k€128k▼
Income taxes67/77€95k€20k▼
Profit (loss) for the period9904€297k€109k▼
Profit (loss) for the period to be appropriated9905€297k€109k▼
Appropriation of the result
Profit (loss) to be appropriated9906€389k€377k▼
Profit (loss) brought forward from the previous period14P€92k€268k▲
Transfer to equity691/2€92k€268k▲
To other reserves6921€92k€268k▲
Profit to be distributed694/7€29k€56k▲
Employees696€29k€56k▲
Social balance
Average headcount (FTE)90874.45.0▲
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €18k | €104k | €371k | €499k | ▲ 34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €11k | €15k | €11k | €15k | ▲ 31.2% |
| Other operating charges640/8 | - | €3k | €3k | €8k | €30k | ▲ 292% |
| Gross operating margin9900 | €104k | €158k | €258k | €769k | €660k | ▼ 14.3% |
| Operating profit (loss)9901 | €77k | €126k | €136k | €380k | €116k | ▼ 69.4% |
| Financial income75/76B | - | €3k | €6k | €14k | €19k | ▲ 42.7% |
| Recurring financial income75 | €5k | €3k | €6k | €14k | €19k | ▲ 42.7% |
| Financial charges65/66B | - | €653 | €663 | €2k | €7k | ▲ 243% |
| Recurring financial charges65 | €1k | €653 | €663 | €2k | €7k | ▲ 243% |
| Profit (loss) for the period before taxes9903 | €81k | €128k | €141k | €391k | €128k | ▼ 67.2% |
| Income taxes67/77 | €17k | €29k | €29k | €95k | €20k | ▼ 79.0% |
| Profit (loss) for the period9904 | €64k | €99k | €112k | €297k | €109k | ▼ 63.4% |
| Profit (loss) for the period to be appropriated9905 | €64k | €99k | €112k | €297k | €109k | ▼ 63.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211k | €328k | €424k | €869k | €832k | ▼ 4.2% |
| Fixed assets21/28 | €13k | €47k | €34k | €33k | €81k | ▲ 145% |
| Tangible fixed assets22/27 | €13k | €47k | €34k | €33k | €81k | ▲ 145% |
| Plant, machinery and equipment23 | - | €2k | €4k | €10k | €11k | ▲ 9.9% |
| Furniture and vehicles24 | - | €10k | €3k | €3k | €14k | ▲ 316% |
| Leasing and similar rights25 | - | €35k | €27k | €20k | €56k | ▲ 183% |
| Current assets29/58 | €198k | €281k | €390k | €836k | €751k | ▼ 10.1% |
| Amounts receivable within one year40/41 | €73k | €221k | €308k | €520k | €603k | ▲ 16.1% |
| Trade receivables40 | - | €53k | €80k | €169k | €207k | ▲ 22.3% |
| Other amounts receivable41 | - | €168k | €227k | €351k | €397k | ▲ 13.1% |
| Current investments50/53 | - | - | - | - | €68k | - |
| Cash at bank and in hand54/58 | €125k | €60k | €83k | €316k | €80k | ▼ 74.6% |
| Deferred charges and accrued income490/1 | - | €388 | €198 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211k | €328k | €424k | €869k | €832k | ▼ 4.2% |
| Equity10/15 | €155k | €254k | €347k | €615k | €667k | ▲ 8.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €73k | €137k | €236k | €328k | €596k | ▲ 81.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €135k | €234k | €328k | €596k | ▲ 81.7% |
| Profit (loss) carried forward14 | €64k | €99k | €92k | €268k | €52k | ▼ 80.5% |
| Amounts payable17/49 | €56k | €73k | €78k | €254k | €165k | ▼ 35.0% |
| Amounts payable after more than one year17 | €2k | €34k | €25k | €16k | €36k | ▲ 127% |
| Financial debts170/4 | - | €34k | €25k | €16k | €36k | ▲ 127% |
| Amounts payable within one year42/48 | €54k | €40k | €53k | €239k | €130k | ▼ 45.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €15k | - |
| Trade debts44 | - | €15k | €3k | €46k | €6k | ▼ 87.7% |
| Suppliers440/4 | - | €15k | €3k | €46k | €6k | ▼ 87.7% |
| Taxes, remuneration and social security45 | - | €16k | €45k | €186k | €102k | ▼ 45.3% |
| Taxes450/3 | - | €16k | €18k | €120k | €37k | ▼ 69.5% |
| Remuneration and social security454/9 | - | - | €27k | €65k | €65k | ▼ 0.8% |
| Other amounts payable47/48 | - | €9k | €5k | €7k | €8k | ▲ 10.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €99k | €112k | €297k | €109k | ▼ 63.4% |
| + Depreciation and write-downs630 | €7k | €11k | €15k | €11k | €15k | ▲ 31.2% |
| Operating cash flow (approximation) | €70k | €110k | €127k | €308k | €123k | ▼ 60.0% |
| Investment in fixed assets (approximation) | - | €-45k | €-3k | €-10k | €-63k | ▼ 524% |
| Change in cash | - | €-66k | €23k | €234k | €-236k | ▼ 201% |
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
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 5 days late
31-03
Financial
Highest result since 2020net €297k ▲164%
Operating result €380k, net result €297k, both a record.
31-03
Financial
Equity above €500kEq €615k ▲77.3%
5 profitable years in a row build equity to €615k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €200kEq €254k ▲63.8%
3 profitable years in a row build equity to €254k.
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
31-03
Financial
Weakest financial yearnet €64k ▼12.2%
Net result drops to €64k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €150kEq €155k ▲70%
2 profitable years in a row build equity to €155k.
05-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Brasschaat · 1 establishment unit since 2018
Ground area
2,624 m²
Building footprint
588 m²
Parcel 11008H0250/00S000, Flanders. Linked by address, not a title deed.
56
companies at this address
See who is registered here
1 establishment unit
DHR PARTNERS
since 20182.275.669.983
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008H0250/00S000 | Flanders | 2,624 m² | 1 · 588 m² | - |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 9,627 EUR awarded · 9,627 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 6,299 EUR | 6,299 EUR |
| 2024 | 1 | 1,739 EUR | 1,739 EUR |
| 2023 | 1 | 1,589 EUR | 1,589 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Legal Entity Identifier
2549009USH82S2EHB648
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 3,720 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
Founded08-05-2018
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
64210Activities of holding companies
68110Buying and selling of own real estate
82990Other business support services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.