Equity
€335,556 ▲ 9.1%
DIRBY paid out €300,000 in dividends. That is 91% of the 2025 profit.
DIRBY
Lifetime
5 annual accounts with figures on one time axispeak €1.5m (2025)
€1.5m▲ 26.7%
lowest -€91,375 (2021)
€328,088▲ 55.2%
peak €335,556 (2025)
€335,556▲ 9.1%
€1.3m▲ 25.1%
peak 16 FTE (2022)
-not published
Board3 names since 2020
1 directorFENICE Georges-Mickaël Christian
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
UBO non-compliance 02-06Gross margin from €1.2m to €1.5mResult from €211,455 to €328,088Dividend €300,000Debts from €1.1m to €1.3mCash from €521,691 to €1.1m
Key points
from the 2025 annual accountsResult
€328,088 ▲ 55.2%
The result rose in 2025: different schema filed.
Debts
€1.3m 80% of the balance sheet
Suppliers 45%Taxes and wages 32%Other 22%
Staff
13 employees on 31-12-2025
In 2025, 23 people joined and 28 left.
At the same address
581 companies
Board
1 joined · 1 left
Board changed. Latest change 27-02-2026 · 1 in office.
2025 accounts filed 11 days after the deadline
Checked score
66
Healthy
Financially stronger than 57% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025lowest value
05-2025: 1.1%● unchanged vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 2.3%▲ +1.1 percentage points vs 06-2025
08-2025: 3.1%▲ +0.8 percentage points vs 07-2025
09-2025: 3.4%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 1.6%▼ -1.8 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.6%● unchanged vs 11-2025
01-2026: 1.6%● unchanged vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.7%▲ +0.1 percentage points vs 04-2026
06-2026: 1.8%▲ +0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.3 percentage points vs 06-2026
08-2026: 2.9%▲ +0.8 percentage points vs 07-2026
09-2026: 1.5%▼ -1.4 percentage points vs 08-2026
10-2026: 1.2%▼ -0.3 percentage points vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Warehousing and support activities for transportation (NACE 52)
Last filed accounts filed 11 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €1.7m
Liquidity: current ratio 1.18, cash €1.1m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro). It does better than 30% of them on solvency, 61% on liquidity, 82% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as DIRBY has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DIRBY itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for DIRBY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.18 (1.17 in 2024), below the usual 1.5. Short-term debt is 79.9% and cash 66.2% of total assets. 79.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €335,556
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
11 days late
2024
36 days late
2023
23 days late
2022
30 days late
2021
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 25 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
1 director appointed, 1 resignation
Resignation: Georges Mickael FENICE · Appointment: ATOME · Permanent representative: Georges Mickael FENICE · General meeting of 22-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0749834645
UBO non-compliance
effective 19-05-2025 · KBO administration
Incorporation
Founding capital of €1,000, 1,000 shares · Founders: NIWAKI and IMAG’IN · Appointments: FENICE Georges-Mickaël Christian (director) and DOS SANTOS PIRES Emmanuelle (directeur chargé de la gestion journalière) · published on 08-07-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DIRBY Brussels | €1.7m | €1.5m | 20.1% | - |
| Asl Jet Handling Hasselt | €1.0m | €0.9m | 68.1% | 13.8 |
| BRANDWACHT HUREN Lokeren | €1.2m | €2.9m | -30.0% | 52.8 |
| Take Off Aviation Machelen (Brab.) | €0.9m | €1.5m | 30.7% | 13 |
| DEWOFIRE Kuurne | €1.3m | €2.1m | 14.1% | 28.2 |
| SMART AVIATION Zaventem | €1.5m | €0.5m | 38.6% | - |
| Euro Cargo Aviation Machelen (Brab.) | €0.8m | €0.6m | 17.2% | 5.7 |
These companies have the same main activity as DIRBY: warehousing and support activities for transportation (NACE 52230). They are comparable in size and age: total assets between €807,000 and €1.5m, founded between 2014 and 2020.
Official details
Source: KBO- Status
- Active since 06-07-2020Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Warehousing and support activities for transportationNACE 52230and 1 other
- Establishment unit
- 2.305.684.6541050 Ixelles, since 06-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 19-02-2026
Annual accounts 2025
- ≈ €2.6mestimated
- €1.7m▲ 21.5%
- Employeeson 31-12-2025
- 13▼ 27.8%
- Filing
- Filed on 11-08-2026
Insights on DIRBY
DIRBY files the abbreviated format. That format states no turnover. The gross margin rose from €232,575 in 2021 to €1.5m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DIRBY
- What is the company number of DIRBY?
- The company number of DIRBY is 0749.834.645. The VAT number is the same number with BE in front: BE 0749.834.645.
- Where is DIRBY based?
- The registered office is at Louizalaan 231, 1050 Brussels.Company details
- What does DIRBY do?
- According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52230).
- What is the legal form of DIRBY?
- DIRBY is a private limited company (BV).
- When was DIRBY founded?
- DIRBY was founded on 06-07-2020.
- Is DIRBY still active?
- Yes, DIRBY is an active enterprise in the KBO register.
- How many employees does DIRBY have?
- DIRBY had an average of 16.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DIRBY?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.5m and 1,585 comparable companies of the same size. It probably lies between €1.7m and €4.2m. It is a rough estimate. In financial year 2021 turnover was €719,662.
- Is DIRBY profitable?
- In financial year 2025, DIRBY made a profit of €328,088.
- Where can I find the annual accounts of DIRBY?
- DIRBY filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DIRBY due?
- DIRBY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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