DIXART

Active

Private limited companyfounded 20233 yrs activeRue du Culot 47, 1380 Lasne, BelgiumKBO/BCE: BE 0804.901.446

The computed 12-month bankruptcy probability of DIXART is 3.6% (moderate). The 2024 annual accounts show equity of €67k and a net result of €-6k. Its solvency ranks better than 17% of 36378 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

25 / 100

Weak▼ -5 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0=

Solvency24▼-29

Growth58

Stability94

Bankruptcy probability, 12 months

3.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days only on tighter terms

Liquidity tight (current ratio 1.17 against 1.4 in 2023), and 85.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

14.6%

Return on assets

-1.2%

Age of the figures

20 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Persistent losses

Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.

NBB · annual accounts 2024

Net result per financial year

2324

2023 to 2024 · latest year -€6k

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 36378 sector peers (2024).

NBB · sector comparison

Position among 36378 sector peers

Solvency

better than 17%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

4 d late

2023

30 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€67k▼ 7.6%

2023 · €72k

2023: €72k

2023 → 2024

Total assets

€455k▲ 80.6%

2023 · €252k

2023: €252k

2023 → 2024

Net result

€-6k▲ 60.5%

2023 · €-14k

2023: €-14k

2023 → 2024

Working capital

€65k▼ 8.8%

2023 · €71k

2023: €71k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€72k-€67k▼ 7.6%

Operating result€-13k-€8k

Net result€-14k-€-6k▲ 60.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €8k after a loss of €13k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €455k

99.7%

Fixed assets €2k▲ 109%

Current assets €454k▲ 80.5%

Equity and liabilities €455k

14.6%

85.4%

Equity €67k▼ 7.6%

Debt €389k▲ 116%

The debt ratio rises from 71.4% to 85.4%: debt grows while equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€8k▲

2023 · €-12k

Cash flow

€-5k▲

2023 · €-12k

Solvency

14.6%▼

2023 · 28.6%

Current ratio

1.17▼

2023 · 1.40

Quick ratio

0.05▼

2023 · 0.12

Debt / equity

5.84▲

2023 · 2.50

ROE

-8.3%▲

2023 · -19.4%

ROA

-1.2%▲

2023 · -5.5%

Interest coverage

0.60▲

2023 · -19.45

Debt

€389k▲

2023 · €180k

Debt ≤ 1 year

€389k▲

2023 · €180k

Staff costs

€33k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€252k€455k▲

Fixed assets21/28€720€2k▲

Tangible fixed assets22/27-€784

Furniture and vehicles24-€784

Financial fixed assets28€720€720=

Current assets29/58€251k€454k▲

Stocks and contracts in progress3€230k€433k▲

Stocks30/36€230k€433k▲

Amounts receivable within one year40/41€6k€14k▲

Trade receivables40€3k€11k▲

Other amounts receivable41€3k€3k▲

Cash at bank and in hand54/58€15k€6k▼

Deferred charges and accrued income490/1-€646

Equity and liabilities

Total equity and liabilities10/49€252k€455k▲

Equity10/15€72k€67k▼

Contributions10/11€86k€86k=

Profit (loss) carried forward14€-14k€-19k▼

Amounts payable17/49€180k€389k▲

Amounts payable within one year42/48€180k€389k▲

Current portion of amounts payable after more than one year42€129k€0▼

Financial debts43-€271k

Credit institutions430/8-€271k

Trade debts44€2k€9k▲

Suppliers440/4€2k€9k▲

Taxes, remuneration and social security45€11k€0▼

Taxes450/3€1k€0▼

Remuneration and social security454/9€10k€0▼

Other amounts payable47/48€38k€109k▲

Income statement Code20232024

Remuneration, social security and pensions62-€33k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€130▼

Other operating charges640/8€315€973▲

Gross operating margin9900€-12k€42k▲

Operating profit (loss)9901€-13k€8k▲

Financial charges65/66B€609€13k▲

Recurring financial charges65€609€13k▲

Profit (loss) for the period before taxes9903€-14k€-6k▲

Profit (loss) for the period9904€-14k€-6k▲

Profit (loss) for the period to be appropriated9905€-14k€-6k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-14k€-19k▼

Profit (loss) brought forward from the previous period14P-€-14k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

04-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 4 days late

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Lasne · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Rue du Culot 471380 Lasne

Ground area

1,196 m²

Building footprint

153 m²

Parcel 25051H0111/00Z000, Wallonia. Linked by address, not a title deed.

1 establishment unit

DIXART

Rue du Culot 47, 1380 LasneManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20232.354.549.096

1 parcel

Wallonia 1 (100%)