DIW-INVEST
ActiveSummary
The computed 12-month bankruptcy probability of DIW-INVEST is 1.5% (moderate). The 2024 annual accounts show negative equity (€-42k) and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 26043 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
21
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.66 in 2023; short-term debt: 147.9% and cash: 1.8% 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
-47.9%
Return on assets
-25.1%
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-42k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
36 d early
2022
40 d early
2021
31 d late
2020
2 d late
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-42k▼ 110%
2023 · €-20k
2018: €9k
2019: €9k
2020: €14k
2021: €6k
2022: €5k
2023: €-20k
2018 → 2024
Total assets
€88k▲ 11.6%
2023 · €79k
2018: €17k
2019: €30k
2020: €44k
2021: €47k
2022: €29k
2023: €79k
2018 → 2024
Net result
€-22k▲ 11.9%
2023 · €-25k
2018: €4k
2019: €103
2020: €7k
2021: €-7k
2022: €-1k
2023: €-25k
2018 → 2024
Working capital
€-49k▼ 46.2%
2023 · €-33k
2018: €4k
2019: €-3k
2020: €2k
2021: €-7k
2022: €-8k
2023: €-33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€6k▼ 53.8%€5k▼ 22.7%€-20k€-42k▼ 110%
Operating result€7k-€-7k€-789▲ 88.2%€-24k▼ 2,997%€-22k▲ 9.2%
Net result€7k-€-7k€-1k▲ 80.5%€-25k▼ 1,636%€-22k▲ 11.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2024 against €24k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88k
Fixed assets
€7k ▼ 52.6%
Current assets
€81k ▲ 25.9%
Key figures and ratios
EBITDA
€-16k▲
2023 · €-18k
Cash flow
€-16k▲
2023 · €-19k
Solvency
-47.9%▼
2023 · -25.5%
Current ratio
0.62▼
2023 · 0.66
Quick ratio
0.06▼
2023 · 0.12
Debt to equity
-3.09▲
2023 · -4.92
ROA
-25.1%▲
2023 · -31.7%
Interest coverage
-195.68▼
2023 · -121.34
Debt
€130k▲
2023 · €99k
Debt ≤ 1 year
€130k▲
2023 · €98k
Debt > 1 year
€0▼
2023 · €989
Income taxes
€365▲
2023 · €356
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€79k€88k▲
Fixed assets21/28€14k€7k▼
Tangible fixed assets22/27€14k€7k▼
Plant, machinery and equipment23€985€783▼
Furniture and vehicles24€4k€6k▲
Leasing and similar rights25€9k€0▼
Financial fixed assets28€0-
Current assets29/58€64k€81k▲
Stocks and contracts in progress3€53k€73k▲
Stocks30/36€5k€950▼
Contracts in progress37€47k€72k▲
Amounts receivable within one year40/41€9k€5k▼
Trade receivables40€4k€5k▲
Other amounts receivable41€5k€572▼
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€587€498▼
Equity and liabilities
Total equity and liabilities10/49€79k€88k▲
Equity10/15€-20k€-42k▼
Contributions10/11€45k€45k=
Reserves13€12k€12k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€-77k€-99k▼
Amounts payable17/49€99k€130k▲
Amounts payable after more than one year17€989€0▼
Financial debts170/4€989€0▼
Amounts payable within one year42/48€98k€130k▲
Current portion of amounts payable after more than one year42€3k€0▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€2k€388▼
Taxes450/3€2k€388▼
Other amounts payable47/48€88k€128k▲
Income statement
Code20232024
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€-16k€-13k▲
Operating profit (loss)9901€-24k€-22k▲
Financial income75/76B€10€663▲
Recurring financial income75€10€663▲
Financial charges65/66B€150€82▼
Recurring financial charges65€150€82▼
Profit (loss) for the period before taxes9903€-25k€-22k▲
Income taxes67/77€356€365▲
Profit (loss) for the period9904€-25k€-22k▲
Profit (loss) for the period to be appropriated9905€-25k€-22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-99k▼
Profit (loss) brought forward from the previous period14P€-52k€-77k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Highest result since 2018net €7k ▲6338%
Operating result €7k, net result €7k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Dendermonde · 2 establishment units since 1998
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.
Denstraat (GRE) 819200 DendermondeGround area
2,337 m²
Building footprint
286 m²
Volume, LiDAR
1,946 m³
3 parcels, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
DECANNIERE BVBA
since 19982.087.410.801
DIW INVEST BV
since 20032.134.820.639
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34010B0145/00D002 | Flanders | 973 m² | 1 · 139 m² | 9.9 m · 3 fl. |
| 34004A0319/00A003 | Flanders | 961 m² | 1 · 147 m² | 8.9 m · 2 fl. |
| 42007A0665/00H000 | Flanders | 403 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
YABI
BE 0628.662.740
Vorst · Eq €4,964
BOUILLON MATERIAUX
BE 0833.790.917
Bouillon · Eq €4,765
VS MARBRE
BE 0861.155.409
Seraing · Eq €5,018
Ramencentrum Van Hecke
BE 0446.245.530
Zelzate · Eq €5,181
MAGETEC
BE 0889.128.130
Sint-Jans-Molenbeek · Eq €5,307
Of 1,719 companies in sector 47521 we hold annual accounts for 1,288. 195 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.