DIVIDE
ActiveSummary
The computed 12-month bankruptcy probability of DIVIDE is 22.5% (high). For DIVIDE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €21,789 and a net result of -€11,407. Equity is shrinking by about 13% per year across the filed financial years. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 24 October 2026.
2021 to 2023, 3 financial years
The operating result turns negative in 2023: a loss of €11,180 after €6,242 in 2022, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €100 | €3,968 | €4,581 | ▲ 15.5% |
| Other operating charges640/8 | €1,424 | €1,588 | €1,588 | = |
| Gross operating margin9900 | €32,910 | €11,798 | -€5,010 | - |
| Operating profit (loss)9901 | €31,386 | €6,242 | -€11,180 | - |
| Financial income75/76B | €15 | €15 | - | - |
| Recurring financial income75 | €15 | €15 | - | - |
| Financial charges65/66B | €104 | €201 | €227 | ▲ 12.8% |
| Recurring financial charges65 | €104 | €201 | €227 | ▲ 12.8% |
| Profit (loss) for the period before taxes9903 | €31,297 | €6,056 | -€11,407 | - |
| Transfer from deferred taxes780 | - | €0 | - | - |
| Transfer to deferred taxes680 | - | €0 | - | - |
| Income taxes67/77 | €7,173 | €1,994 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €24,124 | €4,062 | -€11,407 | - |
| Profit (loss) for the period to be appropriated9905 | €24,124 | €4,062 | -€11,407 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €99,669 | €66,565 | €39,471 | ▼ 40.7% |
| Fixed assets21/28 | €900 | €16,320 | €14,380 | ▼ 11.9% |
| Intangible fixed assets21 | €900 | €800 | €700 | ▼ 12.5% |
| Tangible fixed assets22/27 | - | €15,520 | €13,680 | ▼ 11.9% |
| Furniture and vehicles24 | - | €15,520 | €13,680 | ▼ 11.9% |
| Current assets29/58 | €98,769 | €50,245 | €25,092 | ▼ 50.1% |
| Amounts receivable within one year40/41 | €35,732 | - | €49 | - |
| Trade receivables40 | €35,732 | - | - | - |
| Other amounts receivable41 | - | - | €49 | - |
| Cash at bank and in hand54/58 | €63,038 | €50,245 | €25,043 | ▼ 50.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €99,669 | €66,565 | €39,471 | ▼ 40.7% |
| Equity10/15 | €29,124 | €33,185 | €21,789 | ▼ 34.3% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | - | €5,000 | €5,000 | = |
| Issued capital100 | - | €5,000 | €5,000 | = |
| Reserves13 | €24,124 | €28,185 | €16,789 | ▼ 40.4% |
| Distributable reserves133 | €24,124 | €28,185 | €16,789 | ▼ 40.4% |
| Amounts payable17/49 | €70,545 | €33,380 | €17,683 | ▼ 47.0% |
| Amounts payable after more than one year17 | - | €14,504 | €11,805 | ▼ 18.6% |
| Financial debts170/4 | - | €14,504 | €11,805 | ▼ 18.6% |
| Trade debts175 | - | €0 | - | - |
| Advances received on contracts in progress176 | - | €0 | - | - |
| Other amounts payable178/9 | - | €0 | - | - |
| Amounts payable within one year42/48 | €70,545 | €18,876 | €5,878 | ▼ 68.9% |
| Current portion of amounts payable after more than one year42 | - | €4,835 | €5,878 | ▲ 21.6% |
| Trade debts44 | €23,087 | - | - | - |
| Suppliers440/4 | €23,087 | - | - | - |
| Advances received on contracts in progress46 | €19,940 | - | - | - |
| Taxes, remuneration and social security45 | €23,146 | €9,670 | - | - |
| Taxes450/3 | €18,396 | €1,994 | - | - |
| Remuneration and social security454/9 | €4,750 | €7,676 | - | - |
| Other amounts payable47/48 | €4,372 | €4,372 | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,124 | €4,062 | -€11,407 | - |
| + Depreciation and write-downs630 | €100 | €3,968 | €4,581 | ▲ 15.5% |
| Operating cash flow (approximation) | €24,224 | €8,030 | -€6,825 | - |
| Investment in fixed assets (approximation) | - | -€19,388 | -€2,641 | ▲ 86.4% |
| Change in cash | - | -€12,792 | -€25,203 | ▼ 97.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 03-10-2025 | 2025-00528224 |
| 31-12-2022 | abbreviated format | 30-09-2025 | 2025-00516931 |
| 31-12-2021 | abbreviated format | 14-09-2022 | 2022-20428893 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.