Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
D en C from Niel, company number BE0462717714, closed financial year 2025 with a result of € 1,504 after tax. For that financial year D en C recorded a gross margin of € 37,890 and equity of € 352,926. Compared with financial year 2024, the result moved from € -15,784 to € 1,504. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2025.
€ 352,926
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,504
▲ still € 15,785 loss in 2024
Profit after tax over the fiscal year.
€ 1,992
▲ € 1,613 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 346,721.
People and assets in 2025
€ 223
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 61,158
▼ 30% vs 2024
€ 28,539 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 754
▲ 31% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 81,197 | € 24,334 | € 23,604 | € 37,890 | ▲ 61% |
| Profit after taxes | € 28,410 | € -14,404 | € -15,784 | € 1,504 | ▲ € 17,289 |
| Equity | € 381,610 | € 367,206 | € 351,422 | € 352,926 | |
| Total debts | € 236,220 | € 191,078 | € 174,225 | € 151,523 | ▼ 13% |
| Cash | € 3,902 | € 4,622 | € 379 | € 1,992 | ▲ € 1,613 |
| Land & buildings | € 371,772 | € 337,546 | € 309,333 | € 278,535 | ▼ 10% |
| Retained profit | € 375,405 | € 361,001 | € 345,217 | € 346,721 | |
| Bank debt | € 137,580 | € 112,615 | € 87,053 | € 61,158 | ▼ 30% |
| Balance sheet total | € 617,830 | € 558,284 | € 525,647 | € 504,449 | ▼ 4% |
Key figures of D en C, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to D en C?
What happened at D en C in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,504. Source: NBB ↗
- Pieter Baeyaert became a director. NBB
- New establishment in Niel. KBO
- Start of the company according to the CBE. KBO
In short
From € 28,410 profit in 2022 to € 1,504 profit in 2025.
Paid € 14,607 in corporate taxes since 2022.
Best year ever: 2022, with € 28,410 profit.
Management
Behind D en C is Pieter Baeyaert. It owns 50% of Imbaver BV itself.
Directors
According to the 2025 annual accounts
Pieter Baeyaert
Director
since 2010
Establishments
Establishment units
Physical locations of this company
St. Hubertusplein 14
2845 Niel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.717.714
- VAT number
- BE 0462.717.714
- Registered office
- St. Hubertusplein 14, 2845 Niel
- Names & denominations
- D en C
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1998
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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