Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2024; threshold 65 %.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
DEXIN from Ukkel, company number BE0471394462, closed financial year 2024 with a result of € -3.8 million after tax. For that financial year DEXIN recorded revenue of € 37.3 million and equity of € 9.8 million. Compared with financial year 2023, the result moved from € -625,269 to € -3.8 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 10, 2025.
€ 9.8 million
▼ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.8 million
▼ 504 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1.2 million
▲ € 1.1 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9.3 million.
People and assets in 2024
5.9
▼ 2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 432,676
▼ 17% vs 2023
€ 73,300 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.
€ 13,766
▼ 8% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 30.9 million
▼ 40% vs 2023
€ 1.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.5 million
▼ 46% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 94,884
▲ 19% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 34,895,431 | € 53,179,705 | € 48,655,242 | € 37,348,861 | ▼ 23% |
| Profit after taxes | € 448,586 | € 1,601,615 | € -625,269 | € -3,774,791 | ▼ € 3.1 million |
| Equity | € 10,583,818 | € 11,913,248 | € 10,698,137 | € 9,756,413 | ▼ 9% |
| Total debts | € 55,584,318 | € 61,411,656 | € 64,923,179 | € 41,650,048 | ▼ 36% |
| Cash | € 803,603 | € 1,895,415 | € 74,382 | € 1,175,505 | ▲ € 1.1 million |
| Land & buildings | € 6,155,398 | € 4,597,169 | € 607,525 | € 20,534 | ▼ 97% |
| Retained profit | € 9,373,446 | € 10,949,531 | € 10,253,296 | € 9,337,653 | ▼ 9% |
| Bank debt | € 40,444,498 | € 40,978,422 | € 51,224,970 | € 30,854,591 | ▼ 40% |
| Balance sheet total | € 66,891,084 | € 74,197,264 | € 75,959,294 | € 52,782,791 | ▼ 31% |
| Employees (FTE) | 3.2 | 5.6 | 7.9 | 5.9 | ▼ 2 |
Key figures of DEXIN, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DEXIN?
What happened at DEXIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DC GROUP SA stepped down as director. NBB
- CHARCAM stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 3.8 million. filed late Source: NBB ↗
- Olivia DENIS stepped down as director. NBB
- Levan DE COSTER stepped down as director. NBB
- DC GROUP SA became a director. NBB
- CHARCAM became a director. NBB
- Olivia DENIS became a director. NBB
In short
From € 448,586 profit in 2021 to € 3.8 million loss in 2024.
Paid € 601,528 in corporate taxes since 2021.
Best year ever: 2022, with € 1.6 million profit.
Pays suppliers within 25 days on average.
Management
The shares are held by DC GROUP SA (46.4%) and T.V.B. SA (45.6%). It owns 100% of BOBRU, 100% of G.I. FINANCE - GIMOFI, 100% of LINCOLN, 100% of G12 and 50% of LAUREAL ESTATE itself.
Directors
According to the 2024 annual accounts
since 2022 · until 2028
Director · represented by Benoît BAIWIR
since 2022 · until 2028
since 2019 · until 2025
Levan DE COSTER
Director
Owns 0% via DC GROUP SA
Also active at: ALL PAP LAMOT, LDC PROPERTIES, T.V.B., REMA 5, GIMOFI, GREENWICH PROPERTIES, EXCEL REAL ESTATE, BLUEBERRY ESTATE +2 more
since 2019 · until 2025
Shareholders
DC GROUP SA · holding of Levan DE COSTER
46.4%
45.6%
Participations
Establishments
Establishment units
Physical locations of this company
Hamstraat 2
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →T.V.B. same network
€ 6.1 million gross margin · 2025
GIMOFI same network
€ 122,572 gross margin · 2025
GREENWICH PROPERTIES same network
€ -80,162 gross margin · 2024
Bobru same network
€ 3,010 gross margin · 2025
DC UNITED
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.394.462
- VAT number
- BE 0471.394.462
- Registered office
- Hamstraat 2, 1180 Ukkel
- Names & denominations
- DEXIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2000
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed