DKLJ
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 24 filings
Turnover
≈ €2.4m
Estimated: probably between €1.6m and €4.0m
Total assets
€3.1m▲ 11.0%
2024 · €2.8m
Net result
€503,354▲ 11.4%
2024 · €451,950
Working capital
€2.2m▲ 13.2%
2024 · €1.9m
In the rankings
#6 company by equity in Knokke-Heist, Accommodation and food service sector#6 company by staff growth in Knokke-Heist, Accommodation and food service sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€691,677
▲ 16.3%
2025
20182025
Net result
€503,354
▲ 11.4%
2025
highest quarter of the sector
20182025
Equity
€2.8m
▲ 12.0%
2025
highest quarter of the sector
20182025
Total assets
€3.1m
▲ 11.0%
2025
highest quarter of the sector
20182025
Debt
€340,121
▲ 3.8%
2025
20182025
Working capital
€2.2m
▲ 13.2%
2025
highest quarter of the sector
20182025
Solvency
89.0%
▲ 0.8pp
2025
highest quarter of the sector
20182025
Current ratio
12.74
▼ 5.39
2025
highest quarter of the sector
20182025
Return on assets (ROA)
16.3%
▲ 0.1pp
2025
highest quarter of the sector
20182025
Staff (FTE)
12.6
▲ 3.3%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.3m▲ 54.9%€0.3m▲ 8.2%€0.5m▲ 40.2%€0.5m▲ 5.8%€0.6m▲ 10.3%€0.6m▲ 5.9%€0.7m▲ 16.3%
Net result€0.1m-€0.2m▲ 58.1%€0.2mabove the sector's middle half▲ 13.2%€0.3mabove the sector's middle half▲ 44.0%€0.4mabove the sector's middle half▲ 4.1%€0.4mabove the sector's middle half▲ 10.6%€0.5mabove the sector's middle half▲ 13.3%€0.5mabove the sector's middle half▲ 11.4%
Equity€0.8m-€1.0m▲ 28.0%€1.1mabove the sector's middle half▲ 17.9%€1.5mabove the sector's middle half▲ 30.4%€1.8mabove the sector's middle half▲ 18.5%€2.1mabove the sector's middle half▲ 17.8%€2.5mabove the sector's middle half▲ 18.8%€2.8mabove the sector's middle half▲ 12.0%
Total assets€1.3m-€1.4m▲ 5.3%€1.6mabove the sector's middle half▲ 11.9%€1.9mabove the sector's middle half▲ 20.6%€2.2mabove the sector's middle half▲ 16.2%€2.4mabove the sector's middle half▲ 10.8%€2.8mabove the sector's middle half▲ 13.9%€3.1mabove the sector's middle half▲ 11.0%
Debt€0.6m-€0.4m▼ 23.9%€0.4m▼ 1.0%€0.4m▼ 5.0%€0.5m▲ 8.2%€0.4m▼ 16.5%€0.3m▼ 13.3%€0.3m▲ 3.8%
Working capital€0.5m-€0.5m▲ 18.3%€0.8mabove the sector's middle half▲ 41.2%€1.1mabove the sector's middle half▲ 43.6%€1.4mabove the sector's middle half▲ 24.1%€1.7mabove the sector's middle half▲ 20.3%€1.9mabove the sector's middle half▲ 16.7%€2.2mabove the sector's middle half▲ 13.2%
Solvency56.3%-68.4%▲ 12.1pp72.1%above the sector's middle half▲ 3.7pp78.0%above the sector's middle half▲ 5.9pp79.5%above the sector's middle half▲ 1.5pp84.6%above the sector's middle half▲ 5.1pp88.3%above the sector's middle half▲ 3.7pp89.0%above the sector's middle half▲ 0.8pp
Current ratio4.37-5.05▲ 0.687.66above the sector's middle half▲ 2.619.41above the sector's middle half▲ 1.769.62above the sector's middle half▲ 0.2012.57above the sector's middle half▲ 2.9618.13above the sector's middle half▲ 5.5612.74above the sector's middle half▼ 5.39
Return on assets (ROA)10.0%-15.1%▲ 5.0pp15.2%above the sector's middle half▲ 0.2pp18.2%within the sector's middle half▲ 3.0pp16.3%above the sector's middle half▼ 1.9pp16.3%above the sector's middle half=16.2%above the sector's middle half▼ 0.1pp16.3%above the sector's middle half▲ 0.1pp
Staff (FTE)10.3-10.2▼ 1.0%9.9within the sector's middle half▼ 2.9%10.3within the sector's middle half▲ 4.0%11within the sector's middle half▲ 6.8%12.4within the sector's middle half▲ 12.7%12.2within the sector's middle half▼ 1.6%12.6within the sector's middle half▲ 3.3%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 16% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€721,963 ▼ 3.0%
Current assets
€2.4m ▲ 16.1%
Equity and liabilities €3.1m
Equity
€2.8m ▲ 12.0%
Debt
€340,121 ▲ 3.8%
Debt's share of the balance-sheet total falls from 11.7% to 11.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€757,586▲
2024 · €647,517
Cash flow
€569,263▲
2024 · €504,731
Quick ratio
12.70▼
2024 · 18.06
Debt to equity
0.12▼
2024 · 0.13
ROE
18.3%▼
2024 · 18.4%
Interest coverage
85.61▲
2024 · 62.61
Debt ≤ 1 year
€186,368▲
2024 · €112,788
Debt > 1 year
€119,673▼
2024 · €154,431
Income taxes
€218,668▲
2024 · €191,543
Staff costs
€642,525▲
2024 · €600,230
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 11 | 11 | 11 | 11 |
| full-time | 9 | 10 | 11 | 11 | 11 |
| part-time | - | 1 | - | 0 | 0 |
| in full-time equivalents | 9 | 10.8 | 11 | 11 | 11 |
| Average over the year, in full-time equivalents | 10.3 | 11 | 12.4 | 12.2 | 12.6 |
| On a permanent contract | 9 | 11 | 10 | 11 | 11 |
| Joined | 9 | 11 | 8 | 10 | 11 |
| Left | 9 | 9 | 8 | 10 | 11 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €14,081 | €66,783 | €30,097 | €145,875 | €43,700 |
| Depreciation and write-downs of the year | €42,403 | €51,323 | €53,291 | €52,781 | €65,909 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.3m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.06m | €0.06m | €0.06m | €0.04m | €0.05m | €0.05m | €0.05m | €0.07m | ▲ 24.9% |
| Other operating charges640/8 | - | - | - | €0.008m | €0.008m | €0.01m | €0.007m | €0.01m | ▲ 51.6% |
| Gross operating margin9900 | €0.7m | €0.8m | €0.7m | €0.9m | €1.1m | €1.2m | €1.3m | €1.4m | ▲ 12.4% |
| Operating profit (loss)9901 | €0.2m | €0.3m | €0.3m | €0.5m | €0.5m | €0.6m | €0.6m | €0.7m | ▲ 16.3% |
| Financial income75/76B | - | - | - | €0.007m | €0.01m | €0.02m | €0.06m | €0.04m | ▼ 33.7% |
| Recurring financial income75 | €0.001m | €0.006m | €0.006m | €0.006m | €0.005m | €0.02m | €0.06m | €0.04m | ▼ 33.7% |
| Non-recurring financial income76B | - | - | - | €0.001m | €0.006m | €0.002m | - | - | - |
| Financial charges65/66B | - | - | - | €0.02m | €0.01m | €0.01m | €0.01m | €0.009m | ▼ 14.4% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.009m | ▼ 14.4% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.3m | €0.3m | €0.5m | €0.5m | €0.6m | €0.6m | €0.7m | ▲ 12.2% |
| Income taxes67/77 | €0.05m | €0.1m | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 14.2% |
| Profit (loss) for the period9904 | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 11.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.04m | €0.07m | €0.09m | €0.08m | €0.08m | = |
| Transfer to tax-exempt reserves689 | - | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 14.3% |
| Profit (loss) for the period to be appropriated9905 | €0.06m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 18.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.3m | €1.4m | €1.6m | €1.9m | €2.2m | €2.4m | €2.8m | €3.1m | ▲ 11.0% |
| Fixed assets21/28 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 3.0% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 3.0% |
| Land and buildings22 | - | - | - | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 2.7% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.05m | ▲ 36.4% |
| Furniture and vehicles24 | - | - | - | €216 | €0.05m | €0.05m | €0.06m | €0.05m | ▼ 20.8% |
| Other tangible fixed assets26 | - | - | - | €0.04m | €0.03m | €0.02m | €0.1m | €0.1m | ▼ 8.0% |
| Current assets29/58 | €0.6m | €0.7m | €0.9m | €1.2m | €1.5m | €1.8m | €2.0m | €2.4m | ▲ 16.1% |
| Amounts receivable after more than one year29 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €0.009m | €0.01m | €0.007m | €0.01m | €0.01m | €0.007m | €0.008m | €0.008m | ▼ 2.3% |
| Stocks30/36 | - | - | - | €0.01m | €0.01m | €0.007m | €0.008m | €0.008m | ▼ 2.3% |
| Amounts receivable within one year40/41 | €0.01m | €0.01m | €0.007m | €0.04m | €0.01m | €0.02m | €0.05m | €0.07m | ▲ 43.2% |
| Trade receivables40 | - | - | - | €95 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.04m | €0.01m | €0.02m | €0.05m | €0.07m | ▲ 43.2% |
| Current investments50/53 | - | - | - | - | - | €1.5m | €1.0m | €1.8m | ▲ 80.0% |
| Cash at bank and in hand54/58 | €0.6m | €0.4m | €0.6m | €1.0m | €1.3m | €0.1m | €0.9m | €0.5m | ▼ 42.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.01m | - | €0.002m | €469 | ▼ 69.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.3m | €1.4m | €1.6m | €1.9m | €2.2m | €2.4m | €2.8m | €3.1m | ▲ 11.0% |
| Equity10/15 | €0.8m | €1.0m | €1.1m | €1.5m | €1.8m | €2.1m | €2.5m | €2.8m | ▲ 12.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.7m | €0.9m | €1.1m | €1.5m | €1.7m | €2.1m | €2.4m | €2.7m | ▲ 12.1% |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 8.0% |
| Distributable reserves133 | - | - | - | €1.1m | €1.3m | €1.6m | €1.9m | €2.2m | ▲ 13.2% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €0.6m | €0.4m | €0.4m | €0.4m | €0.5m | €0.4m | €0.3m | €0.3m | ▲ 3.8% |
| Amounts payable after more than one year17 | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 22.5% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 23.2% |
| Other amounts payable178/9 | - | - | - | €0.005m | €0.006m | €0.01m | €0.01m | €0.01m | ▼ 14.9% |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | €0.2m | ▲ 65.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 6.0% |
| Trade debts44 | €0.03m | €0.07m | €0.002m | €0.004m | €0.02m | €0.02m | €0.009m | €0.04m | ▲ 300% |
| Suppliers440/4 | - | - | - | €0.004m | €0.02m | €0.02m | €0.009m | €0.04m | ▲ 300% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.09m | €0.07m | €0.1m | ▲ 61.8% |
| Taxes450/3 | - | - | - | €0.08m | €0.05m | €0.07m | €0.04m | €0.08m | ▲ 99.3% |
| Remuneration and social security454/9 | - | - | - | €0.02m | €0.07m | €0.03m | €0.03m | €0.03m | ▲ 11.6% |
| Other amounts payable47/48 | - | - | - | - | - | €0.004m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.05m | €0.08m | €0.05m | €0.06m | €0.03m | ▼ 43.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 11.4% |
| + Depreciation and write-downs630 | €0.06m | €0.06m | €0.06m | €0.04m | €0.05m | €0.05m | €0.05m | €0.07m | ▲ 24.9% |
| Operating cash flow (approximation) | €0.2m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | -€0.05m | -€0.02m | -€0.01m | -€0.06m | -€0.03m | -€0.1m | -€0.04m | ▲ 70.0% |
| Change in cash | - | -€0.1m | €0.2m | €0.3m | €0.4m | -€1.2m | €0.7m | -€0.4m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as DKLJ has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of DKLJ itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 20,136 companies, not a prediction for DKLJ. 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.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00371807 | |
| 31-12-2024 | abbreviated format | 10-07-2025 | 2025-00280973 | |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00331137 | |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00314901 | |
| 31-12-2021 | abbreviated format | 25-07-2022 | 2022-20240239 | |
| 31-12-2020 | abbreviated format | 23-08-2021 | 2021-51700256 | |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-38000193 | |
| 31-12-2018 | abbreviated format | 31-07-2019 | 2019-40700268 | |
| 31-12-2017 | abbreviated format | 22-08-2018 | 2018-47600470 | |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-36700283 |