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DL Solvo

Active
Private limited company·Schrijnwerk· 19 yrs active
Kloosterbosstraat 8 ·9810 Nazareth-De Pinte, Belgium
Open bankruptcy
KBO/BCE: BE 0888.577.012
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age19 yrs
Connections1
Real estate1 parcel · 6,256 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for DL Solvo according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-14k) and a net result of €420.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

1 events
18-07-2025
Bankruptcy Opening
Date: 14-07-2025 · Ondernemingsrechtbank Gent, afdeling Gent · DL SOLVO BV KLOOSTERBOS- STRAAT 8, 9810 NAZARETH-DE PINTE · Publications in State Gazette ↗

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9099 sector peers (2023).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-07-2024, 14 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 17-07-2024 14 d early 2024-00252377
31-12-2022 31-07-2023 17-08-2023 17 d late 2023-00332271
31-12-2021 31-07-2022 29-06-2022 32 d early 2022-20107609
31-12-2020 31-07-2021 23-06-2021 38 d early 2021-23200437
31-12-2019 31-07-2020 01-10-2020 62 d late 2020-58200217
31-12-2018 31-07-2019 20-06-2019 41 d early 2019-21700195
31-12-2017 31-07-2018 28-06-2018 33 d early 2018-26700354
31-12-2016 31-07-2017 25-08-2017 25 d late 2017-48400373
31-12-2015 31-07-2016 29-08-2016 29 d late 2016-52300103
31-12-2014 31-07-2015 26-06-2015 35 d early 2015-21300374

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€420
Working capital€-16k-6.5%
Directors1

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 17-07-2024 with the NBB · fiscal year 2023 · micro
€-40k€-30k€-20k€-10k€0Operating result 2020: €-12k€-12kNet result 2020: €-31k€-31kOperating result 2021: €-4k€-4kNet result 2021: €-4k€-4kOperating result 2023: €2k€2kNet result 2023: €420€420202020212023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -34.8% 38.7%
better than 5% of 9099 sector peers
Net result €420 €12k
better than 21% of 9084 sector peers
Equity €-14k €30k
better than 5% of 9105 sector peers
Gross operating margin €10k €33k
better than 21% of 9074 sector peers
Total assets €40k €89k
better than 22% of 9100 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P5
2020: P5 · n=16332021: P5 · n=35492023: P5 · n=90992020 2023
Stable position over 2020-2023 · n=1633-9099
Net result P21
2020: P11 · n=16262021: P12 · n=35402023: P21 · n=90842020 2023
Stable position over 2020-2023 · n=1626-9084
Equity P5
2020: P9 · n=16352021: P5 · n=35522023: P5 · n=91052020 2023
Stable position over 2020-2023 · n=1635-9105
Gross operating margin P21
2020: P5 · n=16242021: P11 · n=35402023: P21 · n=90742020 2023
Improving position over 2020-2023 · n=1624-9074
Describes the position versus peers, not a forecast.
EBITDA
€9k
- 20-23
Net profit
€420
- 20-23
Cash flow
€8k
- 20-23
Total assets
€40k
+294.5% 20-23
Equity
€-14k
+6.1% 20-23
Working capital
€-16k
-6.5% 20-23
Income taxes
€1k
- 20-23
Debt
€53k
+116.0% 20-23
Debt ≤ 1y
€25k
+2.7% 20-23
Debt > 1y
€28k
- 20-23
Current ratio
0.38
-5.5% 20-23
Quick ratio
0.38
-5.5% 20-23
Solvency
-34.8%
+76.2% 20-23
Debt / equity
-3.87
-130.0% 20-23
ROE
-3.0%
- 20-23
ROA
1.1%
- 20-23
Interest coverage
22.57
- 20-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€9k
Net profit€420
Cash flow€8k
Staff costs-
Income taxes€1k
Dividends-
Total assets€40k
Equity€-14k
Debt€53k
of which ≤ 1y€25k
of which > 1y€28k
Working capital€-16k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.38
Quick ratio0.38
Working capital ratio-39.5%
Solvency-34.8%
Debt / equity-3.87
Long-term debt ratio-2.03
Interest coverage22.57
Gross margin-
Net margin-
ROA1.1%
ROE-3.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€40k
Fixed assets 21/28€30k
Tangible fixed assets 22/27€28k
Financial fixed assets 28€2k
Current assets 29/58€10k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€40k
Equity 10/15€-14k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€-34k
Amounts payable 17/49€53k
Amounts payable after one year 17€28k
Amounts payable within one year 42/48€25k
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€10k
Operating result 9901€2k
Financial income 75€158
Financial charges 65€414
Result before taxes 9903€2k
Income taxes 67/77€1k
Net result for the period 9904€420
Result to be appropriated 9905€420
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
0 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

5 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator PATRICIA VANDENBERGE
BURGEMEESTER EDMOND RONSESTRAAT 4, 9820 05 MELSEN
 14-07-2025 → present Belgian State Gazette

Legal Structure

NACE primary Schrijnwerk(43320)
Legal form Private limited company(610)
Incorporation05-04-2007
StatusActive
Postal code9810
First BS signal 18-07-2025
Latest BS signal 18-07-2025

Structure & network

Connections & network

1 connected company
Group structure
ScarPro
We sit on their board · 1 location
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
DL SolvoBE 0888.577.012
controls
Where this company holds controlthis company sits on their board1
ScarPro
1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
2 companies at this address See who is registered here

Establishment units

1 location
DL Solvo
Kloosterbosstraat 8, 9810 Nazareth-De PinteSchrijnwerk
since 20072.162.916.886
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area6,256 m²
Buildings1
Building footprint232 m²
Volume (LiDAR)1,109 m³
Tallest building10.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44048A0359/00Y012 Flanders 6,256 m² 1 · 232 m² 10.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
18-07-2025
Bankruptcy Opening
Date: 14-07-2025 · Ondernemingsrechtbank Gent, afdeling Gent · DL SOLVO BV KLOOSTERBOS- STRAAT 8, 9810 NAZARETH-DE PINTE · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-07-18 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

2 acts
Address history · 2
07-07-2025
Registered-office move
25-03-2024
Registered-office move
All acts · 2 updated 1 year ago
2025
07-07-2025 Registered office moved from Waregem to Nazareth Registered-office change
  • Groenbek 2 bus 3, 8790 Waregem → Kloosterbosstraat 8, 9810 Nazareth
2024
25-03-2024 Registered office moved from Nazareth to Waregem Registered-office change
  • Kloosterbosstraat 8, 9810 Nazareth → Groenbek 2 bus 3, 8790 Waregem

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability0Solvency33Growth58Stability0
18 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 33
Growth 58
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 2,271 of the 20,015 companies in this sector. 2,010 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Schrijnwerk43320Schrijnwerk43320Fokken van paarden en andere paardachtigen01430Fokken en houden van paarden en andere paardachtigen01430Overige activiteiten i .v.m. administratie, n.e.g.74855Overige zakelijke dienstverlening, n.e.g.74879Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Exploitatie van sportaccommodaties93110Exploitatie van sportaccommodaties93110Activiteiten van paardensportclubs93127Activiteiten van paardensportclubs93127
Primary activity highlighted.
Names & trade names
Legal nameNL DL Solvo
Registered office
Kloosterbosstraat 8
9810 Nazareth-De Pinte, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.