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 49 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 15.5 to 12.3.
Financials
Financial year 2025
DB-ENGINEERING from Nazareth-De Pinte, company number BE0474862906, closed financial year 2025 with a result of € -209,072 after tax. For that financial year DB-ENGINEERING recorded a gross margin of € 1 million and equity of € 168,443. Compared with financial year 2024, the result moved from € 85,237 to € -209,072. The company made a loss. The buffer shrank hard: equity is 55 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.
€ 168,443
▼ 55% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -209,072
▼ still € 85,237 profit in 2024
Profit after tax over the fiscal year.
€ 90,977
▲ 106% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 149,843.
People and assets in 2025
12.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 2% vs 2024
€ 86,800 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.
€ 44,805
▲ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 704,881
▼ 16% vs 2024
€ 199,350 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 603,258
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 288,801
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,485,841 | € 1,737,553 | € 1,417,414 | € 1,018,065 | ▼ 28% |
| Profit after taxes | € 45,613 | € 179,243 | € 85,237 | € -209,072 | ▼ € 294,309 |
| Equity | € 113,036 | € 292,278 | € 377,515 | € 168,443 | ▼ 55% |
| Total debts | € 2,510,274 | € 2,069,814 | € 1,859,910 | € 1,598,070 | ▼ 14% |
| Cash | € 27,687 | € 99,523 | € 44,170 | € 90,977 | ▲ 106% |
| Land & buildings | € 886,897 | € 639,466 | € 604,023 | € 569,998 | ▼ 6% |
| Retained profit | € 94,436 | € 273,678 | € 358,915 | € 149,843 | ▼ 58% |
| Bank debt | € 937,219 | € 856,514 | € 840,222 | € 704,881 | ▼ 16% |
| Balance sheet total | € 2,623,310 | € 2,407,844 | € 2,283,176 | € 1,812,264 | ▼ 21% |
| Employees (FTE) | 17.2 | 15.5 | 13.6 | 12.3 | ▼ 1.3 |
Key figures of DB-ENGINEERING, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DB-ENGINEERING?
What happened at DB-ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 209,072 (▼ € 294,309 vs 2024). filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,613 profit in 2022 to € 209,072 loss in 2025.
Paid € 77,748 in corporate taxes since 2022.
Best year ever: 2023, with € 179,243 profit.
On average € 82,800 of value added per employee in 2025.
Management
Behind DB-ENGINEERING are Mieke Vuyge and Arnold De Bolster. The shares are held by Arnold De Bolster.
Directors
According to the 2025 annual accounts
Shareholders
Arnold De Bolster · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Molenstraat 3 box B
9840 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.862.906
- VAT number
- BE 0474.862.906
- Registered office
- Molenstraat 3 bus B, 9840 Nazareth-De Pinte
- Names & denominations
- DB-ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 May 2001
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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