ALGEMENE DAKCONSTRUCTIES
ActiveSummary
The computed 12-month bankruptcy probability of ALGEMENE DAKCONSTRUCTIES is 2.9% (moderate). The 2025 annual accounts show negative equity (-€29,208) and a net result of -€26,327. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-01-2004 Normal situation
- Activity
- Roofing work NACE 43410
- Establishment unit
- 2.135.981.372 2250 Olen, since 23-01-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.9%
- Gross margin
- -€17,555
- Loss
- €26,327
- ▲ 14×
- Equity
- -€29,208
- ▼ 914%
- Total assets
- €44,879
- ▲ 2.9%
- Negative equity on 31-12-2025
- 2025 accounts filed 18 days after the deadline
Score breakdownraises riskLoss of €26,327, the second in a row (financial year 2025)Negative equity -€29,208Liquidity: current ratio 0.31lowers riskSize: total assets €44,879Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 1% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 18 days after the deadline Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00408024.
Annual accounts 2025 filed on 18-08-2026 at the NBB all 22 filings
Every figure per financial year
The operating result for 2025 is a loss of €24,615, after a profit of €1,490 in 2024. It is the lowest result since 2018.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €6,310 | €15,364 | €8,701 |
| Depreciation and write-downs of the year | €1,246 | €520 | €980 | €2,962 | €5,614 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €87 awarded · €87 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €861 | €861 | €752 | €1,246 | €520 | €980 | €2,962 | €5,614 | ▲ 89.5% |
| Other operating charges640/8 | - | - | - | €954 | €1,410 | €2,637 | €980 | €1,446 | ▲ 47.6% |
| Gross operating margin9900 | €29,193 | €2,404 | -€13,105 | €13,304 | -€474 | €11,657 | €5,432 | -€17,555 | - |
| Operating profit (loss)9901 | €26,665 | €436 | -€14,779 | €11,104 | -€2,404 | €8,039 | €1,490 | -€24,615 | - |
| Financial income75/76B | - | - | - | €140 | €392 | €161 | €0 | €1 | ▲ 131× |
| Recurring financial income75 | €39 | €18 | €14 | €140 | €392 | €161 | €0 | €1 | ▲ 131× |
| Financial charges65/66B | - | - | - | €1,512 | €1,223 | €766 | €887 | €1,576 | ▲ 77.7% |
| Recurring financial charges65 | €976 | €843 | €966 | €1,512 | €1,223 | €766 | €887 | €1,576 | ▲ 77.7% |
| Profit (loss) for the period before taxes9903 | €25,728 | -€389 | -€15,731 | €9,732 | -€3,236 | €7,434 | €603 | -€26,190 | - |
| Income taxes67/77 | - | - | - | - | - | - | €2,520 | €137 | ▼ 94.6% |
| Profit (loss) for the period9904 | €25,728 | -€389 | -€15,731 | €9,732 | -€3,236 | €7,434 | -€1,917 | -€26,327 | ▼ 1,273% |
| Profit (loss) for the period to be appropriated9905 | €25,728 | -€389 | -€15,731 | €9,732 | -€3,236 | €7,434 | -€1,917 | -€26,327 | ▼ 1,273% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €51,006 | €31,224 | €33,545 | €41,501 | €28,550 | €47,116 | €43,615 | €44,879 | ▲ 2.9% |
| Fixed assets21/28 | €2,449 | €1,588 | €3,436 | €2,189 | €1,669 | €6,999 | €19,401 | €22,488 | ▲ 15.9% |
| Tangible fixed assets22/27 | €2,314 | €1,453 | €3,301 | €2,054 | €1,534 | €6,864 | €19,266 | €22,353 | ▲ 16.0% |
| Furniture and vehicles24 | - | - | - | €2,054 | €1,534 | €6,864 | €19,266 | €22,353 | ▲ 16.0% |
| Financial fixed assets28 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | €135 | = |
| Current assets29/58 | €48,557 | €29,636 | €30,109 | €39,311 | €26,881 | €40,117 | €24,214 | €22,391 | ▼ 7.5% |
| Stocks and contracts in progress3 | - | €12,000 | €4,000 | - | - | €15,200 | €8,150 | - | - |
| Contracts in progress37 | - | - | - | - | - | €15,200 | €8,150 | - | - |
| Amounts receivable within one year40/41 | €48,264 | €17,636 | €25,536 | €18,459 | €17,083 | €20,134 | €15,140 | €19,585 | ▲ 29.4% |
| Trade receivables40 | - | - | - | €13,934 | €10,614 | €13,314 | €8,614 | €15,874 | ▲ 84.3% |
| Other amounts receivable41 | - | - | - | €4,525 | €6,469 | €6,820 | €6,526 | €3,711 | ▼ 43.1% |
| Cash at bank and in hand54/58 | €293 | - | - | €17,277 | €9,161 | €4,067 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €3,575 | €637 | €716 | €925 | €2,805 | ▲ 203% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €51,006 | €31,224 | €33,545 | €41,501 | €28,550 | €47,116 | €43,615 | €44,879 | ▲ 2.9% |
| Equity10/15 | €1,224 | €835 | -€14,896 | -€5,164 | -€8,399 | -€965 | -€2,882 | -€29,208 | ▼ 914% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,860 | €3,860 | €3,860 | €3,860 | €3,860 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | - | - | €1,860 | - | - | - | - |
| Profit (loss) carried forward14 | -€21,236 | -€21,625 | -€37,356 | -€27,624 | -€30,859 | -€21,565 | -€23,482 | -€49,808 | ▼ 112% |
| Amounts payable17/49 | €49,782 | €30,389 | €48,441 | €46,664 | €36,950 | €48,081 | €46,497 | €74,087 | ▲ 59.3% |
| Amounts payable within one year42/48 | €49,782 | €30,389 | €45,873 | €40,440 | €34,950 | €46,081 | €44,497 | €72,087 | ▲ 62.0% |
| Financial debts43 | - | - | - | €1,007 | €1,008 | €1,027 | €2,315 | €10,350 | ▲ 347% |
| Credit institutions430/8 | - | - | - | - | - | - | €1,286 | €9,924 | ▲ 672% |
| Other loans439 | - | - | - | €1,007 | €1,008 | €1,027 | €1,029 | €426 | ▼ 58.6% |
| Trade debts44 | €27,888 | €1,926 | €31,371 | €21,823 | €18,397 | €28,099 | €29,763 | €12,370 | ▼ 58.4% |
| Suppliers440/4 | - | - | - | €21,823 | €18,397 | €28,099 | €29,763 | €12,370 | ▼ 58.4% |
| Taxes, remuneration and social security45 | - | - | - | €3,900 | €3,000 | €3,000 | €3,000 | €1,000 | ▼ 66.7% |
| Taxes450/3 | - | - | - | €3,900 | €3,000 | €3,000 | €3,000 | €1,000 | ▼ 66.7% |
| Other amounts payable47/48 | - | - | - | €13,711 | €12,545 | €13,955 | €9,420 | €48,367 | ▲ 413% |
| Accrued charges and deferred income492/3 | - | - | - | €6,224 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,728 | -€389 | -€15,731 | €9,732 | -€3,236 | €7,434 | -€1,917 | -€26,327 | ▼ 1,273% |
| + Depreciation and write-downs630 | €861 | €861 | €752 | €1,246 | €520 | €980 | €2,962 | €5,614 | ▲ 89.5% |
| Operating cash flow (approximation) | €26,589 | €472 | -€14,979 | €10,978 | -€2,716 | €8,415 | €1,045 | -€20,713 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,600 | €0 | €0 | -€6,310 | -€15,364 | -€8,701 | ▲ 43.4% |
| Change in cash | - | - | - | - | -€8,116 | -€5,094 | - | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as ALGEMENE DAKCONSTRUCTIES has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ALGEMENE DAKCONSTRUCTIES itself: 2.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for ALGEMENE DAKCONSTRUCTIES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00408024 | |
| 31-12-2024 | micro format | 04-06-2025 | 2025-00121426 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00172224 | |
| 31-12-2022 | micro format | 06-06-2023 | 2023-00112442 | |
| 31-12-2021 | micro format | 07-06-2022 | 2022-20049856 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60900053 | |
| 31-12-2019 | micro format | 08-07-2020 | 2020-27500067 | |
| 31-12-2018 | micro format | 03-06-2019 | 2019-15300087 | |
| 31-12-2017 | micro format | 04-06-2018 | 2018-15400389 | |
| 31-12-2016 | micro format | 25-05-2018 | 2018-13900341 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 28-12-2022 Converted to unavailable equity · €18,600
- 28-12-2022 Converted to unavailable equity · €1,860
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Articles of association, deed of 28-12-2022 (in Dutch)
Network & group
ALGEMENE DAKCONSTRUCTIES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ALGEMENE DAKCONSTRUCTIES. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
28-12
Gazette deed
Reappointment: Walter Hermans (director)Legal-form conversion: from private limited company (pre-2019) to private limited company4 points ▸
- General meeting, 09-11-2022
- Legal-form conversion, from private limited company (pre-2019) to private limited company
- 100 shares
- Director reappointment, Walter Hermans
- The deed holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
3 activities
- Dakbedekking in metaal of niet-metaal
- Daktimmers
- Algemene schrijnwerkerij
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0862.932.091
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13029D0446/00Z000 | Flanders | 841 m² | 1 · 192 m² | 3.5 m · 1 |