The Dungeon
ActiveThe Dungeon has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €10k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
61
/ 100
Healthy▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-34
Solvency75▼-9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.33 in 2024), and 40.8% 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
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 →
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
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
59.2%
Return on assets
5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
36 d early
2023
46 d early
2022
26 d early
2021
39 d early
2020
51 d early
2019
56 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 8.4%
2024 · €113k
2018: €52k
2019: €44k
2020: €68k
2021: €89k
2022: €81k
2023: €97k
2024: €113k
2018 → 2025
Total assets
€207k▲ 11.4%
2024 · €186k
2018: €80k
2019: €64k
2020: €99k
2021: €124k
2022: €124k
2023: €165k
2024: €186k
2018 → 2025
Net result
€10k▼ 40.4%
2024 · €17k
2018: €3k
2019: €2k
2020: €25k
2021: €21k
2022: €26k
2023: €17k
2024: €17k
2018 → 2025
Working capital
€-4k
2024 · €23k
2018: €14k
2019: €15k
2020: €45k
2021: €25k
2022: €15k
2023: €-217
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€89k-€81k▼ 8.9%€97k▲ 19.4%€113k▲ 17.0%€123k▲ 8.4%
Operating result€30k-€38k▲ 28.1%€28k▼ 27.3%€30k▲ 6.2%€23k▼ 22.4%
Net result€21k-€26k▲ 21.8%€17k▼ 36.6%€17k▲ 4.3%€10k▼ 40.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207k
Fixed assets
€131k▲ 39.4%
Current assets
€76k▼ 17.2%
Equity and liabilities €207k
Equity
€123k▲ 8.4%
Debt
€84k▲ 16.0%
The debt ratio rises from 39.1% to 40.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€45k▼
2024 · €47k
Cash flow
€32k▼
2024 · €35k
Solvency
59.2%▼
2024 · 60.9%
Current ratio
0.95▼
2024 · 1.33
Quick ratio
0.95▼
2024 · 1.33
Debt / equity
0.69▲
2024 · 0.64
ROE
8.4%▼
2024 · 15.3%
ROA
5.0%▼
2024 · 9.3%
Interest coverage
8.62▼
2024 · 11.08
Debt
€84k▲
2024 · €73k
Debt ≤ 1 year
€80k▲
2024 · €69k
Income taxes
€8k▼
2024 · €8k
Staff costs
€0▼
2024 · €190
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€186k€207k▲
Fixed assets21/28€94k€131k▲
Tangible fixed assets22/27€94k€131k▲
Land and buildings22€74k€114k▲
Plant, machinery and equipment23€18k€16k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€92k€76k▼
Amounts receivable within one year40/41€24k€16k▼
Trade receivables40€21k€13k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€66k€59k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€186k€207k▲
Equity10/15€113k€123k▲
Reserves13€113k€123k▲
Distributable reserves133€113k€123k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€73k€84k▲
Amounts payable within one year42/48€69k€80k▲
Financial debts43€281€396▲
Credit institutions430/8€281€396▲
Trade debts44€9k€12k▲
Suppliers440/4€9k€12k▲
Taxes, remuneration and social security45€324€2k▲
Taxes450/3€324€2k▲
Other amounts payable47/48€59k€66k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€190€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€22k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€986€2k▲
Non-recurring operating charges66A€440€0▼
Gross operating margin9900€49k€46k▼
Operating profit (loss)9901€30k€23k▼
Financial income75/76B€55€111▲
Recurring financial income75€55€111▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€25k€18k▼
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€17k€10k▼
Profit (loss) for the period to be appropriated9905€17k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€10k▼
Transfer to equity691/2€16k€9k▼
To other reserves6921€16k€9k▼
Profit to be distributed694/7€859€830▼
Return on contributions (dividend)694€859€830▼
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €113k ▲17%
7 profitable years in a row build equity to €113k.
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €26k ▲21.8%
Operating result €38k, net result €26k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €2k ▼25.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lier · 1 establishment unit since 2005
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.
Gasthuisvest 22500 LierGround area
182 m²
Building footprint
165 m²
Volume, LiDAR
1,436 m³
Parcel 12021I0144/00H000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Dungeon
since 20052.149.881.868
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12021I0144/00H000 | Flanders | 182 m² | 1 · 165 m² | 10.9 m · 3 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 · 155 EUR awarded · 155 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 155 EUR | 155 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
GOZEN
BE 0675.874.917
Beringen · Eq €123k
BUILDING ENERGY PROJECTS
BE 0825.821.475
Kruisem · Eq €123k
ELEKTRO LONGUEVILLE
BE 0606.978.686
Waregem · Eq €123k
ELECTRO PASCAL
BE 0436.161.587
Laarne · Eq €123k
BATI-GLOBE
BE 0878.250.767
Elsene · Eq €123k
Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,704 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2005
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
18200Printing and reproduction of recorded media
22310
31004Manufacture of dining room, living room, bedroom and bathroom furniture
32200Other manufacturing
36111
59202Motion picture, video and television programme production, sound recording and music publishing activities
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.