DVB DECOR PAINT
ActiveThe computed 12-month bankruptcy probability of DVB DECOR PAINT is 1.6% (moderate). The 2024 annual accounts show equity of €15k and a net result of €-489. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 93% of 36376 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▲+65
Solvency100▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 7.7 against 5.91 in 2023; short-term debt: 11.6% and cash: 17.8% of total assets), and 11.6% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
88.4%
Return on assets
-2.9%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-489
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 27-06-2025, 34 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
35 d early
2022
23 d early
2021
75 d early
2020
2 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▼ 3.2%
2023 · €15k
2019: €15k
2020: €10k
2021: €10k
2022: €22k
2023: €15k
2019 → 2024
Total assets
€17k▼ 20.3%
2023 · €21k
2019: €56k
2020: €67k
2021: €41k
2022: €34k
2023: €21k
2019 → 2024
Net result
€-489▲ 92.7%
2023 · €-7k
2019: €2k
2020: €-5k
2021: €-421
2022: €12k
2023: €-7k
2019 → 2024
Working capital
€13k▼ 12.9%
2023 · €15k
2019: €-11k
2020: €8k
2021: €5k
2022: €20k
2023: €15k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€10k-€10k▼ 4.2%€22k▲ 128%€15k▼ 30.4%€15k▼ 3.2%
Operating result€-7k-€1k€8k▲ 542%€-4k€795
Net result€-5k-€-421▲ 90.9%€12k€-7k€-489▲ 92.7%
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: €795 after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17k
Fixed assets
€2k▼ 40.9%
Current assets
€15k▼ 16.9%
Equity and liabilities €17k
Equity
€15k▼ 3.2%
Debt
€2k▼ 66.1%
The debt ratio falls from 27.3% to 11.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2k▲
2023 · €-3k
Cash flow
€426▲
2023 · €-5k
Solvency
88.4%▲
2023 · 72.7%
Current ratio
7.70▲
2023 · 5.91
Quick ratio
7.70▲
2023 · 5.91
Debt / equity
0.13▼
2023 · 0.37
ROE
-3.3%▲
2023 · -43.6%
ROA
-2.9%▲
2023 · -31.7%
Interest coverage
6.76▲
2023 · -18.85
Debt
€2k▼
2023 · €6k
Debt ≤ 1 year
€2k▼
2023 · €3k
Income taxes
€1k▼
2023 · €2k
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€21k€17k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€1k€742▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€18k€15k▼
Amounts receivable within one year40/41€12k€12k▼
Trade receivables40€680€7k▲
Other amounts receivable41€12k€4k▼
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1-€343
Equity and liabilities
Total equity and liabilities10/49€21k€17k▼
Equity10/15€15k€15k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€3k€3k▼
Amounts payable17/49€6k€2k▼
Amounts payable within one year42/48€3k€2k▼
Trade debts44€2k€546▼
Suppliers440/4€2k€546▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Non-recurring operating income76A€125-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€916▼
Other operating charges640/8€3k€801▼
Non-recurring operating charges66A-€843
Gross operating margin9900€-624€3k▲
Operating profit (loss)9901€-4k€795▲
Financial income75/76B€167€381▲
Recurring financial income75€167€381▲
Financial charges65/66B€167€253▲
Recurring financial charges65€167€253▲
Profit (loss) for the period before taxes9903€-4k€923▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€-7k€-489▲
Profit (loss) for the period to be appropriated9905€-7k€-489▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€3k▼
Profit (loss) brought forward from the previous period14P€10k€3k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-7k ▼154%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.96
Current ratio from 1.28 to 2.96; short-term debt falls from €17k to €10k.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Hechtel-Eksel · 1 establishment unit since 2018
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.
Kamperbaan 213940 Hechtel-EkselGround area
238 m²
Building footprint
132 m²
Volume, LiDAR
732 m³
Parcel 72013D0539/00S000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DVB DECOR PAINT
since 20182.275.194.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013D0539/00S000 | Flanders | 238 m² | 1 · 132 m² | 9.5 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.
Similar companies · same sector, comparable size
GW-Interiors
BE 0800.875.649
Oudsbergen · Eq €15k
SVC-PROJECTS
BE 0785.380.888
Zwevegem · Eq €15k
DE COSTER BOUW
BE 0435.389.646
Lierde · Eq €15k
Prime Colors
BE 0677.896.475
Boom · Eq €15k
NOVA PAINTING
BE 0772.656.270
Maldegem · Eq €15k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 1,899 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2018
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
47526Retail trade
47530Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.