DYBO
ActiveSummary
DYBO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €374k and a net result of €-126k. Equity is shrinking by ~12% per year across the filed fiscal years. Its solvency ranks better than 95% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 30.41; short-term debt: 3.3% and cash: 2.1% of total assets), and 3.3% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
96.7%
Return on assets
-32.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-126k
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 26-11-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
50 d early
2023
35 d early
2022
62 d early
2021
48 d early
2020
5 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€374k▼ 25.2%
2024 · €500k
2019: €905khighest in 7 years
2020: €865k▼ -4.4% vs 2019
2021: €717k▼ -17.2% vs 2020
2022: €714k▼ -0.3% vs 2021
2023: €694k▼ -2.8% vs 2022
2024: €500k▼ -28.0% vs 2023
2025: €374k▼ -25.2% vs 2024lowest in 7 years
2019 → 2025
Total assets
€387k▼ 22.7%
2024 · €500k
2019: €2.11Mhighest in 7 years
2020: €1.80M▼ -15.0% vs 2019
2021: €780k▼ -56.6% vs 2020
2022: €780k▲ +0.1% vs 2021
2023: €764k▼ -2.1% vs 2022
2024: €500k▼ -34.6% vs 2023
2025: €387k▼ -22.7% vs 2024lowest in 7 years
2019 → 2025
Net result
€-126k▲ 35.4%
2024 · €-195k
2019: €-94k
2020: €-40k▲ +57.5% vs 2019
2021: €-148k▼ -272% vs 2020
2022: €-2k▲ +98.4% vs 2021highest in 7 years
2023: €-20k▼ -749% vs 2022
2024: €-195k▼ -869% vs 2023lowest in 7 years
2025: €-126k▲ +35.4% vs 2024
2019 → 2025
Working capital
€374k▼ 25.2%
2024 · €500k
2019: €905khighest in 7 years
2020: €865k▼ -4.4% vs 2019
2021: €717k▼ -17.2% vs 2020
2022: €714k▼ -0.3% vs 2021
2023: €694k▼ -2.8% vs 2022
2024: €500k▼ -28.0% vs 2023
2025: €374k▼ -25.2% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€717k-€714k▼ 0.3%€694k▼ 2.8%€500k▼ 28.0%€374k▼ 25.2%
2021: €717khighest in 5 years
2022: €714k▼ -0.3% vs 2021
2023: €694k▼ -2.8% vs 2022
2024: €500k▼ -28.0% vs 2023
2025: €374k▼ -25.2% vs 2024lowest in 5 years
Operating result€-133k-€-18k▲ 86.3%€-18k▲ 2.7%€-193k▼ 990%€-127k▲ 34.3%
2021: €-133k
2022: €-18k▲ +86.3% vs 2021
2023: €-18k▲ +2.7% vs 2022highest in 5 years
2024: €-193k▼ -990% vs 2023lowest in 5 years
2025: €-127k▲ +34.3% vs 2024
Net result€-148k-€-2k▲ 98.4%€-20k▼ 749%€-195k▼ 869%€-126k▲ 35.4%
2021: €-148k
2022: €-2k▲ +98.4% vs 2021highest in 5 years
2023: €-20k▼ -749% vs 2022
2024: €-195k▼ -869% vs 2023lowest in 5 years
2025: €-126k▲ +35.4% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €127k in 2025 against €193k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €387k
Equity
€374k ▼ 25.2%
Debt
€13k ▲ 4,675%
Debt's share of the balance-sheet total rises from 0.1% to 3.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
30.41
Quick ratio
2.95
Debt to equity
0.03▲
2024 · 0.00
ROE
-33.6%▲
2024 · -39.0%
ROA
-32.5%▲
2024 · -38.9%
Debt ≤ 1 year
€13k▲
2024 · €266
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€500k€387k▼
Current assets29/58€500k€387k▼
Stocks and contracts in progress3€439k€349k▼
Contracts in progress37€439k€349k▼
Amounts receivable within one year40/41€1k€29k▲
Other amounts receivable41€1k€29k▲
Cash at bank and in hand54/58€60k€8k▼
Equity and liabilities
Total equity and liabilities10/49€500k€387k▼
Equity10/15€500k€374k▼
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€30k€30k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Profit (loss) carried forward14€170k€44k▼
Amounts payable17/49€266€13k▲
Amounts payable within one year42/48€266€13k▲
Trade debts44€266€13k▲
Suppliers440/4€266€13k▲
Other amounts payable47/48€0-
Income statement
Code20242025
Other operating charges640/8€7k€606▼
Gross operating margin9900€-187k€-126k▲
Operating profit (loss)9901€-193k€-127k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€1k€496▼
Recurring financial charges65€1k€496▼
Profit (loss) for the period before taxes9903€-195k€-126k▲
Profit (loss) for the period9904€-195k€-126k▲
Profit (loss) for the period to be appropriated9905€-195k€-126k▲
Appropriation of the result
Profit (loss) to be appropriated9906€170k€44k▼
Profit (loss) brought forward from the previous period14P€364k€170k▼
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Other operating charges640/8 | - | €6k | €11k | €7k | €606 | ▼ 90.9% |
| Gross operating margin9900 | €-132k | €-12k | €-7k | €-187k | €-126k | ▲ 32.3% |
| Operating profit (loss)9901 | €-133k | €-18k | €-18k | €-193k | €-127k | ▲ 34.3% |
| Financial income75/76B | - | €18k | €0 | - | €2k | - |
| Recurring financial income75 | - | €18k | €0 | - | €2k | - |
| Non-recurring financial income76B | - | €18k | €0 | - | - | - |
| Financial charges65/66B | - | €2k | €2k | €1k | €496 | ▼ 60.9% |
| Recurring financial charges65 | €16k | €2k | €2k | €1k | €496 | ▼ 60.9% |
| Profit (loss) for the period before taxes9903 | €-148k | €-2k | €-20k | €-195k | €-126k | ▲ 35.4% |
| Profit (loss) for the period9904 | €-148k | €-2k | €-20k | €-195k | €-126k | ▲ 35.4% |
| Profit (loss) for the period to be appropriated9905 | €-148k | €-2k | €-20k | €-195k | €-126k | ▲ 35.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €780k | €780k | €764k | €500k | €387k | ▼ 22.7% |
| Current assets29/58 | €780k | €780k | €764k | €500k | €387k | ▼ 22.7% |
| Stocks and contracts in progress3 | €764k | €764k | €764k | €439k | €349k | ▼ 20.5% |
| Contracts in progress37 | - | €764k | €764k | €439k | €349k | ▼ 20.5% |
| Amounts receivable within one year40/41 | €4k | €2k | €273 | €1k | €29k | ▲ 2,445% |
| Other amounts receivable41 | - | €2k | €273 | €1k | €29k | ▲ 2,445% |
| Cash at bank and in hand54/58 | €13k | €15k | €117 | €60k | €8k | ▼ 86.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €780k | €780k | €764k | €500k | €387k | ▼ 22.7% |
| Equity10/15 | €717k | €714k | €694k | €500k | €374k | ▼ 25.2% |
| Contributions10/11 | €300k | €300k | €300k | €300k | €300k | = |
| Capital10 | - | €300k | €300k | €300k | €300k | = |
| Issued capital100 | - | €300k | €300k | €300k | €300k | = |
| Reserves13 | €30k | €30k | €30k | €30k | €30k | = |
| Non-distributable reserves130/1 | - | €30k | €30k | €30k | €30k | = |
| Legal reserve130 | - | €30k | €30k | €30k | €30k | = |
| Profit (loss) carried forward14 | €387k | €384k | €364k | €170k | €44k | ▼ 74.1% |
| Amounts payable17/49 | €63k | €66k | €70k | €266 | €13k | ▲ 4,675% |
| Amounts payable within one year42/48 | €63k | €66k | €70k | €266 | €13k | ▲ 4,675% |
| Trade debts44 | €13k | €4k | €6k | €266 | €13k | ▲ 4,675% |
| Suppliers440/4 | - | €4k | €6k | €266 | €13k | ▲ 4,675% |
| Other amounts payable47/48 | - | €61k | €63k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-148k | €-2k | €-20k | €-195k | €-126k | ▲ 35.4% |
| Operating cash flow (approximation) | €-148k | €-2k | €-20k | €-195k | €-126k | ▲ 35.4% |
| Change in cash | - | €2k | €-15k | €60k | €-51k | ▼ 186% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-195k
Net result drops to €-195k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 171current ratio 1877.72
Current ratio from 10.98 to 1877.72; short-term debt falls from €70k to €266.
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Liquidity times 6current ratio 12.41
Current ratio from 1.93 to 12.41; short-term debt falls from €930k to €63k.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2016
28-12
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.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Aalst · 1 establishment unit since 2010
Ground area
1.0 ha
Building footprint
1,076 m²
Volume, LiDAR
5,295 m³
2 parcels, Flanders · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
DyBo
since 20102.189.757.083
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0950/00M002 | Flanders | 7,939 m² | 1 · 615 m² | 3.8 m |
| 41342B0950/00G002 | Flanders | 2,382 m² | 1 · 460 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,996 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-07-2010
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Scores and ratios are computed by Checked and are not a credit decision.