GROUP D&D
ActiveSummary
GROUP D&D has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39=
Solvency34▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 5.56 against 1.15 in 2024; short-term debt: 15.8% and cash: 7.2% of total assets), but 91.1% 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 · 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
8.9%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 8001 sector peers (2025).
NBB · sector comparisonPosition among 8001 sector peers
Solvency
better than 16%
← weakest
strongest →
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
1819202122232425
2018 to 2025 · latest year €49k
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
on the day
2023
36 d early
2022
4 d early
2021
3 d early
2020
9 d early
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€49k▲ 21.9%
2024 · €40k
2018: €16k
2019: €56k
2020: €108k
2021: €126k
2022: €-18k
2023: €29k
2024: €40k
2018 → 2025
Total assets
€550k▼ 30.6%
2024 · €792k
2018: €823k
2019: €821k
2020: €798k
2021: €965k
2022: €784k
2023: €850k
2024: €792k
2018 → 2025
Net result
€9k▼ 19.0%
2024 · €11k
2018: €-89k
2019: €40k
2020: €52k
2021: €18k
2022: €-144k
2023: €47k
2024: €11k
2018 → 2025
Working capital
€397k▲ 333%
2024 · €92k
2018: €-29k
2019: €45k
2020: €154k
2021: €162k
2022: €22k
2023: €66k
2024: €92k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€-18k€29k€40k▲ 37.1%€49k▲ 21.9%
Operating result€29k-€-138k€73k€31k▼ 57.1%€36k▲ 16.0%
Net result€18k-€-144k€47k€11k▼ 77.0%€9k▼ 19.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €550k
Fixed assets
€66k ▼ 28.8%
Current assets
€484k ▼ 30.8%
Equity and liabilities €550k
Equity
€49k ▲ 21.9%
Debt
€501k ▼ 33.4%
Debt's share of the balance-sheet total falls from 94.9% to 91.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2024 · €58k
Cash flow
€32k▼
2024 · €38k
Current ratio
5.56▲
2024 · 1.15
Quick ratio
2.22▲
2024 · 0.53
Debt to equity
10.20▼
2024 · 18.66
ROE
18.0%▼
2024 · 27.0%
ROA
1.6%▲
2024 · 1.4%
Interest coverage
2.22▼
2024 · 2.22
Debt ≤ 1 year
€87k▼
2024 · €607k
Debt > 1 year
€414k▲
2024 · €145k
Income taxes
€881▼
2024 · €1k
Staff costs
€335k▲
2024 · €256k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€792k€550k▼
Fixed assets21/28€93k€66k▼
Tangible fixed assets22/27€88k€61k▼
Land and buildings22€23k€12k▼
Plant, machinery and equipment23€68€4k▲
Furniture and vehicles24€2k€3k▲
Leasing and similar rights25€63k€42k▼
Financial fixed assets28€6k€6k=
Current assets29/58€699k€484k▼
Stocks and contracts in progress3€379k€291k▼
Stocks30/36€379k€291k▼
Amounts receivable within one year40/41€281k€147k▼
Trade receivables40€205k€131k▼
Other amounts receivable41€76k€15k▼
Cash at bank and in hand54/58€37k€40k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€792k€550k▼
Equity10/15€40k€49k▲
Contributions10/11€305k€305k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Profit (loss) carried forward14€-279k€-270k▲
Amounts payable17/49€752k€501k▼
Amounts payable after more than one year17€145k€414k▲
Financial debts170/4€145k€414k▲
Amounts payable within one year42/48€607k€87k▼
Current portion of amounts payable after more than one year42€28k€28k▲
Financial debts43€312k-
Credit institutions430/8€312k-
Trade debts44€187k€7k▼
Suppliers440/4€187k€7k▼
Taxes, remuneration and social security45€81k€53k▼
Taxes450/3€62k€53k▼
Remuneration and social security454/9€19k-
Income statement
Code20242025
Remuneration, social security and pensions62€256k€335k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€23k▼
Other operating charges640/8€5k€29k▲
Gross operating margin9900€320k€424k▲
Operating profit (loss)9901€31k€36k▲
Financial income75/76B€7k€46▼
Recurring financial income75€7k€46▼
Financial charges65/66B€26k€27k▲
Recurring financial charges65€26k€27k▲
Profit (loss) for the period before taxes9903€12k€10k▼
Income taxes67/77€1k€881▼
Profit (loss) for the period9904€11k€9k▼
Profit (loss) for the period to be appropriated9905€11k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-279k€-270k▲
Profit (loss) brought forward from the previous period14P€-290k€-279k▲
Social balance
Average headcount (FTE)90875.05.8▲
The notes to these accounts (18 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Liquidity times 5current ratio 5.56
Current ratio from 1.15 to 5.56; short-term debt falls from €607k to €87k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-144k ▼907%
Net result drops to €-144k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €52k ▲29.1%
Net result €52k, the highest in the series.
31-12
Financial
Equity above €100kEq €108k ▲91.6%
2 profitable years in a row build equity to €108k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
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
5 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, Heusden-Zolder · 1 establishment unit since 2011
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.
Lochtemanweg 943550 Heusden-ZolderGround area
2,092 m²
Building footprint
974 m²
Volume, LiDAR
6,184 m³
Parcel 71502C0656/00B000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Update Academy
since 20112.201.657.005
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71502C0656/00B000 | Flanders | 2,092 m² | 1 · 974 m² | 8.7 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 · 1 entry · 105 EUR awarded · 105 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 105 EUR | 105 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeusden-Zolder2.201.657.005
Dual-learning approval
3 live approvalsLogistiek duaal (so)
Magazijnmedewerker (vwo)
Magazijnmedewerker duaal (so)
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Of 798 companies in sector 46450 we hold annual accounts for 452. 310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
82300Organisation of conventions and trade shows
82990Other business support services
85591Education
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.