Dubaere 2.0
ActiveDubaere 2.0 has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €107k. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 10.64 against 10.26 in 2024; short-term debt: 8.4% and cash: 22.3% of total assets), and 10.6% of the assets are financed with debt.
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.4%
Return on assets
8.9%
Age of the figures
15 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 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
8 d early
2022
7 d early
2021
3 d early
2020
1 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.08M▲ 7.7%
2024 · €1.00M
2019: €432k
2020: €382k
2021: €495k
2022: €762k
2023: €916k
2024: €1.00M
2019 → 2025
Total assets
€1.20M▲ 3.4%
2024 · €1.16M
2019: €779k
2020: €876k
2021: €919k
2022: €1.07M
2023: €1.14M
2024: €1.16M
2019 → 2025
Net result
€107k▼ 5.6%
2024 · €113k
2019: €28k
2020: €28k
2021: €114k
2022: €269k
2023: €188k
2024: €113k
2019 → 2025
Working capital
€978k▲ 9.0%
2024 · €898k
2019: €433k
2020: €436k
2021: €470k
2022: €623k
2023: €792k
2024: €898k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€495k-€762k▲ 54.0%€916k▲ 20.1%€1.00M▲ 9.2%€1.08M▲ 7.7%
Operating result€163k-€378k▲ 131%€265k▼ 29.9%€151k▼ 43.1%€137k▼ 9.3%
Net result€114k-€269k▲ 135%€188k▼ 30.1%€113k▼ 39.9%€107k▼ 5.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€125k▼ 26.7%
Current assets
€1.08M▲ 8.6%
Equity and liabilities €1.20M
Equity
€1.08M▲ 7.7%
Debt
€128k▼ 22.6%
The debt ratio falls from 14.1% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€208k▼
2024 · €224k
Cash flow
€178k▼
2024 · €186k
Solvency
89.4%▲
2024 · 85.9%
Current ratio
10.64▲
2024 · 10.26
Quick ratio
7.50▲
2024 · 6.40
Debt / equity
0.12▼
2024 · 0.16
ROE
9.9%▼
2024 · 11.3%
ROA
8.9%▼
2024 · 9.7%
Interest coverage
48.14▲
2024 · 42.34
Debt
€128k▼
2024 · €165k
Debt ≤ 1 year
€102k▲
2024 · €97k
Debt > 1 year
€26k▼
2024 · €68k
Income taxes
€41k▲
2024 · €41k
Staff costs
€62k▲
2024 · €61k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.16M€1.20M▲
Fixed assets21/28€170k€125k▼
Tangible fixed assets22/27€170k€125k▼
Land and buildings22€49k€39k▼
Plant, machinery and equipment23€28k€33k▲
Furniture and vehicles24€36k€25k▼
Leasing and similar rights25€57k€28k▼
Financial fixed assets28€195€195=
Current assets29/58€995k€1.08M▲
Stocks and contracts in progress3€374k€318k▼
Stocks30/36€374k€318k▼
Amounts receivable within one year40/41€29k€41k▲
Trade receivables40€18k€26k▲
Other amounts receivable41€11k€14k▲
Current investments50/53€425k€441k▲
Cash at bank and in hand54/58€155k€268k▲
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.20M▲
Equity10/15€1.00M€1.08M▲
Contributions10/11€19k€19k=
Reserves13€981k€1.06M▲
Tax-exempt reserves132€189k€189k=
Distributable reserves133€792k€869k▲
Amounts payable17/49€165k€128k▼
Amounts payable after more than one year17€68k€26k▼
Financial debts170/4€68k€26k▼
Amounts payable within one year42/48€97k€102k▲
Current portion of amounts payable after more than one year42€44k€42k▼
Financial debts43€524€2k▲
Credit institutions430/8€524€2k▲
Trade debts44€38k€31k▼
Suppliers440/4€38k€31k▼
Taxes, remuneration and social security45€10k€21k▲
Taxes450/3€3k€14k▲
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€4k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€61k€62k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73k€71k▼
Other operating charges640/8€10k€9k▼
Gross operating margin9900€295k€279k▼
Operating profit (loss)9901€151k€137k▼
Financial income75/76B€9k€16k▲
Recurring financial income75€9k€16k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€154k€148k▼
Income taxes67/77€41k€41k▲
Profit (loss) for the period9904€113k€107k▼
Transfer to tax-exempt reserves689€42k-
Profit (loss) for the period to be appropriated9905€71k€107k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€107k▲
Profit (loss) brought forward from the previous period14P€7k-
Transfer from equity791/2€27k€30k▲
Transfer to equity691/2€76k€107k▲
To other reserves6921€76k€107k▲
Profit to be distributed694/7€29k€30k▲
Return on contributions (dividend)694€29k€30k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Equity above €1MEq €1.00M ▲9.2%
6 profitable years in a row build equity to €1.00M.
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €269k ▲135%
Operating result €378k, net result €269k, both a record.
30-06
Financial
Equity above €500kEq €762k ▲54%
4 profitable years in a row build equity to €762k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lendelede · 1 establishment unit since 2008
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.
Orsestraat 168860 LendeledeGround area
302 m²
Building footprint
91 m²
Volume, LiDAR
533 m³
Parcel 34025A0700/00M002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DUBAERE 2.0
since 20082.169.994.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025A0700/00M002 | Flanders | 302 m² | 1 · 90 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 1,630 EUR awarded · 1,630 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 80 EUR | 176 EUR |
| 2023 | 1 | 144 EUR | 48 EUR |
| 2022 | 1 | 1,406 EUR | 1,406 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
254900TD84U3GPKIFS40
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Of 393 companies in sector 38110 we hold annual accounts for 202. 134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2008
Fiscal year end30-06
Activities, NACEBEL
38110Waste collection, recovery and disposal activities
46872Wholesale trade
38210Materials recovery from waste
38211Waste collection, recovery and disposal activities
38219Waste collection, recovery and disposal activities
38323Waste collection, recovery and disposal activities
38330Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
46879Wholesale trade
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.