Checked.be
Active
BE 0427.721.597Public limited company
Dian
Witherenstraat 39 ·1800 Vilvoorde, Belgium· 41 yrs active
Sector: Real estate agency activities
(68310)
Conclusion
Dian has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €359k and a net result of €-20k. Equity is shrinking by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 8920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €359k |
| Net result | €-20k |
| Better than sector | 95% |
| Active | 41 yrs |
Financial profile
57
/ 100
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
50
Profitability
0
Solvency
100
Growth
33
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1984, 41 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
50
/ 100
Fair
Computed from 6 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
€1k
estimate, not credit advice
Score history
93
2021
52
2022
42
2023
50
2024
50
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 78.40 (≥ 1.5)
+10
Quick ratio
Quick ratio 78.40 (≥ 1.0)
+5
Leverage
Debt/equity 0.00 (< 1.0)
+10
Profitability
Negatieve ROE -6%
-10
EBITDA margin
Negatieve EBITDA-marge
-10
Interest coverage
Interest coverage -6.0× (< 1.5×)
-10
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 19-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~7.2%/year over 5 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).
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.8% | 31.5% | |
| Net result | €-20k | €11k | |
| Equity | €359k | €330k | |
| Gross operating margin | €1k | €93k | |
| Total assets | €360k | €1.42M |
€11k
-9.0%
21-25
€-1k
+50.1%
21-25
€-20k
+23.3%
21-25
€671
-
21-25
€360k
-5.5%
21-25
€359k
-5.3%
21-25
€67k
+1.0%
21-25
€89k
-
21-25
€872
-44.4%
21-25
€872
-44.4%
21-25
€50k
0.0%
21-25
78.40
+79.9%
21-25
78.40
+79.9%
21-25
99.8%
+0.2%
21-25
0.00
-41.3%
21-25
-5.6%
+19.0%
21-25
-5.6%
+18.9%
21-25
-186.7%
+15.7%
21-25
-12.0%
+45.2%
21-25
-6.04
+45.1%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | €11k | €12k | €11k | - | - |
| EBITDA | €-1k | €-3k | €-13k | €-7k | €483k |
| Net profit | €-20k | €-26k | €-38k | €-36k | €372k |
| Cash flow | €671 | €-2k | €-13k | €-11k | €392k |
| Staff costs | - | - | - | - | - |
| Income taxes | - | - | - | - | €89k |
| Dividends | - | - | - | - | - |
| Total assets | €360k | €381k | €414k | €593k | €665k |
| Equity | €359k | €379k | €405k | €444k | €480k |
| Debt | €872 | €2k | €8k | €150k | €185k |
| of which ≤ 1y | €872 | €2k | €8k | €100k | €135k |
| of which > 1y | - | - | - | €50k | €50k |
| Working capital | €67k | €67k | €69k | €131k | €143k |
| Employees (FTE) | - | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 78.40 | 43.58 | 9.16 | 2.32 | 2.06 |
| Quick ratio | 78.40 | 43.58 | 9.16 | 2.32 | 2.06 |
| Working capital ratio | 18.8% | 17.6% | 16.6% | 22.1% | 21.4% |
| Solvency | 99.8% | 99.6% | 98.0% | 74.8% | 72.2% |
| Debt / equity | 0.00 | 0.00 | 0.02 | 0.34 | 0.39 |
| Long-term debt ratio | - | - | - | 0.11 | 0.10 |
| Interest coverage | -6.04 | -11.01 | -38.83 | -1.27 | 176.88 |
| Gross margin | -67.3% | -73.6% | 0.0% | - | - |
| Net margin | -186.7% | -221.5% | -355.5% | - | - |
| ROA | -5.6% | -6.9% | -9.3% | -6.0% | 56.0% |
| ROE | -5.6% | -6.9% | -9.5% | -8.1% | 77.6% |
| EBITDA margin | -12.0% | -21.8% | -124.0% | - | - |
| Days sales outstanding | 284d | 217d | 2594d | - | - |
| Days payable outstanding | 18d | 28d | 32d | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €360k | €381k | €414k | €593k | €665k |
| Fixed assets | 21/28 | €291k | €312k | €337k | €362k | €387k |
| Tangible fixed assets | 22/27 | €291k | €312k | €337k | €362k | €387k |
| Financial fixed assets | 28 | - | - | - | €507 | €307 |
| Current assets | 29/58 | €68k | €68k | €77k | €231k | €277k |
| Amounts receivable within one year | 40/41 | €68k | €68k | €77k | €61k | €40k |
| Cash & bank | 54/58 | €176 | €184 | €436 | €170k | €238k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €360k | €381k | €414k | €593k | €665k |
| Equity | 10/15 | €359k | €379k | €405k | €444k | €480k |
| Contributions / capital | 10/11 | €143k | €143k | €143k | €143k | €143k |
| Reserves | 13 | €155k | €155k | €155k | €155k | €155k |
| Accumulated profits (losses) | 14 | €61k | €81k | €107k | €146k | €181k |
| Amounts payable | 17/49 | €872 | €2k | €8k | €150k | €185k |
| Amounts payable after one year | 17 | - | - | - | €50k | €50k |
| Amounts payable within one year | 42/48 | €872 | €2k | €8k | €100k | €135k |
| Trade debts payable within one year | 44 | €872 | €2k | €936 | €11k | €385 |
| Income statement | ||||||
| Turnover | 70 | €11k | €12k | €11k | - | - |
| Gross operating margin | 9900 | €1k | €-951 | €-6k | €-5k | €1.33M |
| Operating result | 9901 | €-22k | €-27k | €-39k | €-32k | €463k |
| Financial income | 75 | €2k | €881 | €600 | €2k | €11 |
| Financial charges | 65 | €214 | €235 | €345 | €6k | €3k |
| Result before taxes | 9903 | €-20k | €-26k | €-38k | €-36k | €461k |
| Income taxes | 67/77 | - | - | - | - | €89k |
| Net result for the period | 9904 | €-20k | €-26k | €-38k | €-36k | €372k |
| Result to be appropriated | 9905 | €-20k | €-26k | €-38k | €-36k | €372k |
Legal Structure
| NACE primary | Real estate agency activities(68310) |
| Legal form | Public limited company(014) |
| Incorporation | 17-12-1984 |
| Status | Active |
| Postal code | 1800 |
Establishment units
Varenslaan 14, 1820 Steenokkerzeel
since 19972.034.295.579
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23642D0612/00V003 | Flanders | 1,965 m² | 1 · 427 m² | 18.3 m · 5 fl. |
| 23081A0058/00T002 | Flanders | 1,119 m² | 1 · 261 m² | 7.6 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
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 43.58
Current ratio from 9.16 to 43.58; short-term debt falls from €8k to €2k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 9.16
Current ratio from 2.32 to 9.16; short-term debt falls from €100k to €8k.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 20 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 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 7 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)
Activities
Real estate agency activities68310Real estate activities68311
Names & trade names
| Legal nameNL | Dian |
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