Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 14.9 to 9.9.
Financials
Financial year 2025
DB & S from Hooglede, company number BE0454613363, closed financial year 2025 with a result of € -7.7 million after tax. For that financial year DB & S recorded a gross margin of € 2.5 million and equity of € -5.3 million. Compared with financial year 2023, the result moved from € 300,286 to € -7.7 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ -5.3 million
▼ € 7.7 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7.7 million
▼ still € 300,286 profit in 2023
Profit after tax over the fiscal year.
€ 228,202
▼ 65% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.1 million.
People and assets in 2025
9.9
▼ 1.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 58% vs 2023
€ 134,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 739,383
▼ 53% vs 2023
Of which on lease € 700,812.
Debts at end 2025
€ 9.6 million
▲ 38% vs 2023
€ 690,963 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 1.6 million
▲ 2% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 124,930
▼ 57% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,157,107 | € 2,297,261 | € 2,419,127 | € 2,453,480 | ▲ 1% |
| Profit after taxes | € 85,171 | € 312,928 | € 300,286 | € -7,728,420 | ▼ € 8 million |
| Equity | € 1,827,903 | € 2,140,832 | € 2,441,118 | € -5,287,301 | ▼ € 7.7 million |
| Total debts | € 9,098,869 | € 10,098,221 | € 9,129,618 | € 11,611,084 | ▲ 27% |
| Cash | € 153,842 | € 530,003 | € 656,033 | € 228,202 | ▼ 65% |
| Retained profit | € 1,007,903 | € 1,320,832 | € 1,621,118 | € -6,107,301 | ▼ € 7.7 million |
| Bank debt | € 6,389,420 | € 6,644,536 | € 6,942,570 | € 9,583,818 | ▲ 38% |
| Balance sheet total | € 10,926,772 | € 12,239,052 | € 11,575,236 | € 6,323,782 | ▼ 45% |
| Employees (FTE) | 20.3 | 14.9 | 11.6 | 9.9 | ▼ 1.7 |
Key figures of DB & S, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to DB & S?
What happened at DB & S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7.7 million (▼ € 8 million vs 2023). filed late Source: NBB ↗
- DBJ CONSULT BV became a director. NBB
- New establishment in Hooglede. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,171 profit in 2021 to € 7.7 million loss in 2025.
Paid € 62,117 in corporate taxes since 2021.
Best year ever: 2022, with € 312,928 profit.
On average € 247,800 of value added per employee in 2025.
Management
The stake of COLOREX HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DB & SBehind DB & S is DBJ CONSULT BV. The shares are held by COLOREX HOLDING (50%).
Directors
According to the 2025 annual accounts
since 2023
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bruggesteenweg 109 box C
8830 Hooglede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.613.363
- VAT number
- BE 0454.613.363
- Registered office
- Bruggesteenweg 109 bus C, 8830 Hooglede
- Names & denominations
- DB & S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1995
- Peppol
- Active · Active since 11 Dec 2025
- Activities · NACE
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