Summary
DYBAS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.6m and a net result of €673,453. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 85% of 6,694 sector peers (NACE 64, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-12-2001 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-08-2025
- Establishment unit
- 2.158.796.267 2470 Retie, since 24-12-2001
- Financial year end
- 31 August
- Peppol
- Reachable since 21-04-2026
Board and ownership
Board
- Daniël BAIJENSDirector · since 11-12-2001
- Holdings
- Shares in 1 company INTERFOCOS HOLDING
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 31-08-2025
- Profit
- €673,453
- ▼ 66.5%
- Equity
- €2.6m
- ▲ 22.8%
- Total assets
- €2.9m
- ▲ 35.3%
- Employees on 31-08-2025
- 1
- =
Net result -66%: other schema
Signalslowers riskGrowing equityneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €2.6m
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 21-01-2026, 69 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
69 days early
2024
98 days late
2023
2 days early
2022
on the day
2021
29 days late
2020
on the day
2019
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-08-2026 is due by 31-03-2027. Nothing is late today. The company usually files around 31 March (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-08-2026 year end04-11-2026 today31-03-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 21-01-2026 PDF all 23 filings
Equity
€2.6m▲ 22.8%
2024 · €2.2m
Net result
€673,453▼ 66.5%
2024 · €2.0m
Total assets
€2.9m▲ 35.3%
2024 · €2.2m
Solvency
89.9%▼ 9.1pp
2024 · 99.0%
In the rankings
#4 company by equity in Retie, Finance and insurance sector#5 company by total assets in Retie, Finance and insurance sector#6 oldest company in Retie, Finance and insurance sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€119,532
▼ 18.4%
2025
20192025
Net result
€673,453
▼ 66.5%
2025
highest quarter of the sector
20192025
Equity
€2.6m
▲ 22.8%
2025
highest quarter of the sector
20192025
Total assets
€2.9m
▲ 35.3%
2025
middle half of the sector
20192025
Debt
€297,676
▲ 14×
2025
20192025
Working capital
€2.7m
▲ 36.2%
2025
highest quarter of the sector
20192025
Solvency
89.9%
▼ 9.1pp
2025
highest quarter of the sector
20192025
Current ratio
29.40
▼ 64.07
2025
highest quarter of the sector
20192025
Return on assets (ROA)
22.9%
▼ 69.5pp
2025
highest quarter of the sector
20192025
Staff (FTE)
1
=
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€0.03m--€0.03m▼ 12.1%-€0.03m▼ 9.2%-€0.04m▼ 30.8%-€0.03m▲ 23.5%-€0.1m▼ 220%-€0.1m▼ 18.4%
Net result€0.02m-€0.006mwithin the sector's middle half▼ 61.9%€0.001mbelow the sector's middle half▼ 85.8%-€0.002mbelow the sector's middle half€269below the sector's middle half€2.0mabove the sector's middle half▲ 7,460×€0.7mabove the sector's middle half▼ 66.5%
Equity€0.1m-€0.1mwithin the sector's middle half▲ 4.2%€0.1mwithin the sector's middle half▲ 0.6%€0.1mwithin the sector's middle half▼ 1.3%€0.1mwithin the sector's middle half▲ 0.2%€2.2mabove the sector's middle half▲ 15×€2.6mabove the sector's middle half▲ 22.8%
Total assets€6.1m-€5.2mabove the sector's middle half▼ 16.1%€5.1mabove the sector's middle half▼ 0.3%€2.6mabove the sector's middle half▼ 48.8%€2.6mabove the sector's middle half▲ 0.3%€2.2mabove the sector's middle half▼ 17.5%€2.9mwithin the sector's middle half▲ 35.3%
Debt€6.0m-€5.0m▼ 16.5%€5.0m▼ 0.3%€2.5m▼ 50.2%€2.5m▲ 0.3%€0.02m▼ 99.1%€0.3m▲ 14×
Working capital-€3.9m--€3.9mbelow the sector's middle half▲ 0.6%-€3.9mbelow the sector's middle half▲ 0.5%-€1.4mbelow the sector's middle half▲ 64.8%-€0.6mbelow the sector's middle half▲ 56.6%€2.0mabove the sector's middle half€2.7mabove the sector's middle half▲ 36.2%
Solvency2.3%-2.8%below the sector's middle half▲ 0.5pp2.8%below the sector's middle half=5.5%below the sector's middle half▲ 2.6pp5.4%below the sector's middle half=99.0%above the sector's middle half▲ 93.6pp89.9%above the sector's middle half▼ 9.1pp
Current ratio0.35-0.22below the sector's middle half▼ 0.120.22below the sector's middle half=0.45below the sector's middle half▲ 0.230.76within the sector's middle half▲ 0.3193.48above the sector's middle half▲ 92.7129.40above the sector's middle half▼ 64.07
Return on assets (ROA)0.3%-0.1%below the sector's middle half▼ 0.1pp0.0%below the sector's middle half▼ 0.1pp-0.1%below the sector's middle half▼ 0.1pp0.0%below the sector's middle half▲ 0.1pp92.4%above the sector's middle half▲ 92.4pp22.9%above the sector's middle half▼ 69.5pp
Staff (FTE)1-1within the sector's middle half=1=1=1=1=1within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 a loss of €119,532, larger than the loss of €100,991 in 2024. It is the lowest result since 2021.
Large changes and their cause
- 2025 Net result -66% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Turnover and EBIT margin are not published. The abbreviated or micro 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 €2.9m
Fixed assets
€103,550 ▼ 26.1%
Current assets
€2.8m ▲ 39.5%
Equity and liabilities €2.9m
Equity
€2.6m ▲ 22.8%
Debt
€297,676 ▲ 14×
Debt's share of the balance-sheet total rises from 1.0% to 10.1%. Equity and debt are higher.
Key figures and ratios
ROE
25.5%▼
2024 · 93.3%
Debt ≤ 1 year
€96,509▲
2024 · €21,762
Debt > 1 year
€200,000
Income taxes
€67,970▲
2024 · €1,610
Staff costs
€78,191▲
2024 · €72,532
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-08-2021 | 31-08-2022 | 31-08-2023 | 31-08-2024 | 31-08-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 1 | 1 |
| full-time | 1 | 1 | 1 | 1 | 1 |
| part-time | - | - | - | - | 0 |
| in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 31-08-2021 | 31-08-2022 | 31-08-2023 | 31-08-2024 | 31-08-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €8,967 | - | €144,675 | - |
| Depreciation and write-downs of the year | €19,005 | €20,692 | €20,798 | €34,292 | €36,643 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0.04m | €0.04m | €0.04m | €0.07m | €0.08m | ▲ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 6.9% |
| Other operating charges640/8 | - | - | €0.003m | €0.001m | €0.001m | €0.02m | €0.01m | ▼ 38.6% |
| Gross operating margin9900 | €0.03m | €0.03m | €0.03m | €0.02m | €0.03m | €0.03m | €0.008m | ▼ 70.4% |
| Operating profit (loss)9901 | -€0.03m | -€0.03m | -€0.03m | -€0.04m | -€0.03m | -€0.1m | -€0.1m | ▼ 18.4% |
| Financial income75/76B | - | - | €0.04m | €0.04m | €0.04m | €2.1m | €0.9m | ▼ 59.2% |
| Recurring financial income75 | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | €2.1m | €0.9m | ▼ 59.2% |
| Financial charges65/66B | - | - | €113 | €265 | €215 | €227 | €0.001m | ▲ 426% |
| Recurring financial charges65 | €112 | €0.001m | €113 | €265 | €215 | €227 | €0.001m | ▲ 426% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.009m | €0.007m | €0.001m | €0.004m | €2.0m | €0.7m | ▼ 63.1% |
| Income taxes67/77 | €0.009m | €0.004m | €0.007m | €0.003m | €0.004m | €0.002m | €0.07m | ▲ 42× |
| Profit (loss) for the period9904 | €0.02m | €0.006m | €0.001m | -€0.002m | €269 | €2.0m | €0.7m | ▼ 66.5% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.006m | €0.001m | -€0.002m | €269 | €2.0m | €0.7m | ▼ 66.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.1m | €5.2m | €5.1m | €2.6m | €2.6m | €2.2m | €2.9m | ▲ 35.3% |
| Fixed assets21/28 | €4.1m | €4.0m | €4.0m | €1.5m | €0.7m | €0.1m | €0.1m | ▼ 26.1% |
| Tangible fixed assets22/27 | €0.09m | €0.07m | €0.05m | €0.04m | €0.02m | €0.1m | €0.09m | ▼ 27.9% |
| Land and buildings22 | - | - | €0.03m | - | - | - | - | - |
| Furniture and vehicles24 | - | - | €0.03m | €0.04m | €0.02m | €0.1m | €0.09m | ▼ 27.9% |
| Financial fixed assets28 | €4.0m | €4.0m | €4.0m | €1.5m | €0.7m | €0.009m | €0.009m | = |
| Current assets29/58 | €2.1m | €1.1m | €1.1m | €1.1m | €1.9m | €2.0m | €2.8m | ▲ 39.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.9m | €0.7m | €2.7m | ▲ 283% |
| Trade receivables290 | - | - | - | - | €0.005m | - | - | - |
| Other amounts receivable291 | - | - | - | - | €0.9m | €0.7m | €2.7m | ▲ 283% |
| Amounts receivable within one year40/41 | €0.9m | €0.9m | €0.9m | €0.9m | - | €1.2m | €0.002m | ▼ 99.8% |
| Trade receivables40 | - | - | - | €0.004m | - | - | - | - |
| Other amounts receivable41 | - | - | €0.9m | €0.9m | - | €1.2m | €0.002m | ▼ 99.8% |
| Cash at bank and in hand54/58 | €1.2m | €0.3m | €0.3m | €0.3m | €1.0m | €0.2m | €0.1m | ▼ 21.1% |
| Deferred charges and accrued income490/1 | - | - | €0.005m | €0.002m | €0.01m | €0.006m | €0.002m | ▼ 63.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.1m | €5.2m | €5.1m | €2.6m | €2.6m | €2.2m | €2.9m | ▲ 35.3% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €2.2m | €2.6m | ▲ 22.8% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €2.1m | €2.6m | ▲ 23.0% |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €0.1m | €0.1m | €0.1m | €2.1m | €2.6m | ▲ 23.1% |
| Amounts payable17/49 | €6.0m | €5.0m | €5.0m | €2.5m | €2.5m | €0.02m | €0.3m | ▲ 14× |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €0.2m | - |
| Financial debts170/4 | - | - | - | - | - | - | €0.2m | - |
| Amounts payable within one year42/48 | €6.0m | €5.0m | €5.0m | €2.5m | €2.5m | €0.02m | €0.1m | ▲ 343% |
| Trade debts44 | €0.002m | €0.005m | €0.004m | €0.003m | - | €0.001m | €0.006m | ▲ 670% |
| Suppliers440/4 | - | - | €0.004m | €0.003m | - | €0.001m | €0.006m | ▲ 670% |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.009m | €0.02m | €0.02m | €0.09m | ▲ 337% |
| Taxes450/3 | - | - | €0.006m | €0.004m | €0.009m | €0.005m | €0.07m | ▲ 14× |
| Remuneration and social security454/9 | - | - | €0.005m | €0.005m | €0.007m | €0.02m | €0.02m | ▲ 17.3% |
| Other amounts payable47/48 | - | - | €5.0m | €2.5m | €2.5m | €318 | €50 | ▼ 84.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.001m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | €0.006m | €0.001m | -€0.002m | €269 | €2.0m | €0.7m | ▼ 66.5% |
| + Depreciation and write-downs630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | ▲ 6.9% |
| Operating cash flow (approximation) | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €2.0m | €0.7m | ▼ 65.2% |
| Investment in fixed assets (approximation) | - | -€0.002m | €0 | €2.5m | €0.8m | €0.6m | €0 | ▼ 100% |
| Change in cash | - | -€1.0m | €90 | €0.007m | €0.8m | -€0.9m | -€0.04m | ▲ 95.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-08-2025 | abbreviated format | 21-01-2026 | 2026-00010938 | |
| 31-08-2024 | micro format | 07-07-2025 | 2025-00236872 | |
| 31-08-2023 | micro format | 29-03-2024 | 2024-00053798 | |
| 31-08-2022 | micro format | 31-03-2023 | 2023-00050331 | |
| 31-08-2021 | micro format | 29-04-2022 | 2022-20015461 | |
| 31-08-2020 | micro format | 31-03-2021 | 2021-09300081 | |
| 31-08-2019 | micro format | 30-04-2020 | 2020-10500169 | |
| 31-08-2018 | micro format | 27-03-2019 | 2019-08100409 | |
| 31-08-2017 | micro format | 28-02-2018 | 2018-05600502 | |
| 31-08-2016 | abbreviated format | 28-03-2017 | 2017-07300238 |
Board & ownership
Directors
Directors
1 director, last change in 2025
Daniël BAIJENS
Current
Director (not named in the articles) · since 11-12-2001 · earlier statutory manager, until 30-05-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 21-01-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 30-05-2025Owners and capital
Capital transactions
Capital over time
- 30-05-2025 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Daniël BAIJENS |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid aantal bij meerdere kopers, bestuursorgaan”
Articles of association, deed of 30-05-2025 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
Connections & network
1 current directorThe network starts from the directors of DYBAS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
21-01
abbreviated format · 69 days before the deadline
2025
07-07
micro format · 98 days late
30-05
Gazette deed
Change of role: Daniël BAIJENS, from statutory manager to directorAmendment of the articles · Capital conversion · Registered office clause13 points ▸
Gazette deed
Change of role: Daniël BAIJENS, from statutory manager to director
Amendment of the articles · Capital conversion · Registered office clause13 points ▸
- General meeting, “bij uittreksel, na beraadslaging over de agendapunten” (deed in Dutch)
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Registered office clause, “Vlaams Gewest, Meidoorndreef 2,2470 Retie” (deed in Dutch)
- Purpose change
- Other provision, “elektronisch aandelenregister, invoeging mogelijkheid register elektronisch bij te houden” (deed in Dutch)
- Other provision, “zowel bestuursorgaan als algemene vergadering van aandeelhouders, elektronische vergadering en besluitvorming” (deed in Dutch)
- Other provision, “interim-dividenden, invoeging mogelijkheid bestuursorgaan te beslissen tot uitkeringen van interim-dividenden” (deed in Dutch)
- Director resignation, Daniël BAIJENS (statutory manager)
- Director appointment, Daniël BAIJENS (director (not named in the articles))
- Other provision, “kwijting ontslagnemende zaakvoerder, op jaarvergadering” (deed in Dutch)
- Power of attorney
- The act holds 1 more point.
2024
31-08
Financial
Highest result from 2019 to 2025net €2.0m ▲745,866%
The net result of €2.0m is the highest of those years.
31-08
Financial
Liquidity more than 122 timescurrent ratio 93.48
The current ratio rises from 0.76 to 93.48. Short-term debt falls from €2.5m to €21,762.
31-08
Financial
Equity above €2mequity €2.2m ▲1,399%
After 2 profitable years in a row, equity reaches €2.2m.
29-03
micro format · 2 days before the deadline
2023
31-08
Financial
Back to profitnet €269
The net result is €269, after one loss-making year.
31-03
micro format · on the deadline day
2022
31-08
Financial
Weakest financial yearnet -€1,833
The net result drops to -€1,833, the lowest from 2019 to 2025. It recovers the following year.
29-04
micro format · 29 days late
2021
31-03
micro format · on the deadline day
Show earlier events
2020
30-04
micro format · 30 days late
2019
27-03
micro format · 4 days before the deadline
2018
28-02
micro format · 31 days before the deadline
2017
28-03
abbreviated format · 3 days before the deadline
2002
05-01
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DYBAS in Dutch
Enterprise number
0476.443.511
Legal form
Private limited company
Status
Active, normale toestand
Founded
24-12-2001
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 30-05-2025 (in Dutch)Registered office and establishments
Registered office
Meidoorndreef 2, 2470 Retie, Belgium
Establishment unit
., Meidoorndreef 2, 2470 Retie since 24-12-2001 · unit number 2.158.796.267
Activities
NACEBEL 2025VAT activities
64210
Activities of holding companies main activity
Social security (RSZ) activities
64210
Activities of holding companies main activity
Codes under NACEBEL 2008
VAT activities
64200
Holdings main activity
Social security (RSZ) activities
64200
Holdings main activity
Codes under NACEBEL 2003
74151
main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 31-08-2025
Invoicing and payment
VAT number
BE 0476.443.511
Financial year and general meeting
Accounts at the NBBFinancial year end
31-08
Sites & property
Location
Buildings and parcels at the address
Ground area
1,998 m²
Building footprint
245 m²
Building volume
1,489 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13036E0495/00L036 | Flanders | 1,998 m² | 1 · 245 m² | 10.5 m · 2 |