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D.B. Projects

Active
Private limited companyfounded 20242 yrs activeVan Beethovenlaan 14, 1910 Kampenhout, BelgiumKBO/BCE: BE 1009.534.527
Summary

The computed 12-month bankruptcy probability of D.B. Projects is 3.6% (moderate). The 2025 annual accounts show negative equity (-€12,505) and a net result of -€15,005. Its solvency ranks better than 8% of 7524 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency5
Growth-
Track record67
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.99; short-term debt: 24.7% and cash: 26.1% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-19.8%
Return on assets
-23.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
17 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 May 2024, D.B. Projects was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€12,505
Total assets
€63,099
Net result
-€15,005
Working capital
€15,419

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €63,099
Fixed assets €32,076
Current assets €31,024
Key figures and ratios
2025 value
EBITDA
-€1,195
Cash flow
-€1,765
Solvency
-19.8%
Current ratio
1.99
Quick ratio
1.57
Debt to equity
-6.05
ROA
-23.8%
Interest coverage
-2.10
Debt
€75,605
Debt ≤ 1 year
€15,605
Debt > 1 year
€60,000

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€63,099
Fixed assets21/28€32,076
Tangible fixed assets22/27€32,076
Plant, machinery and equipment23€19,519
Furniture and vehicles24€12,556
Current assets29/58€31,024
Stocks and contracts in progress3€6,500
Stocks30/36€6,500
Amounts receivable within one year40/41€8,066
Trade receivables40€7,732
Other amounts receivable41€334
Cash at bank and in hand54/58€16,458
Equity and liabilities
Total equity and liabilities10/49€63,099
Equity10/15-€12,505
Contributions10/11€2,500
Profit (loss) carried forward14-€15,005
Amounts payable17/49€75,605
Amounts payable after more than one year17€60,000
Financial debts170/4€60,000
Amounts payable within one year42/48€15,605
Trade debts44€463
Suppliers440/4€463
Advances received on contracts in progress46€6,841
Other amounts payable47/48€8,300
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,240
Other operating charges640/8€1,677
Gross operating margin9900€482
Operating profit (loss)9901-€14,435
Financial charges65/66B€570
Recurring financial charges65€570
Profit (loss) for the period before taxes9903-€15,005
Profit (loss) for the period9904-€15,005
Profit (loss) for the period to be appropriated9905-€15,005
Appropriation of the result
Profit (loss) to be appropriated9906-€15,005

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,240
Other operating charges640/8€1,677
Gross operating margin9900€482
Operating profit (loss)9901-€14,435
Financial charges65/66B€570
Recurring financial charges65€570
Profit (loss) for the period before taxes9903-€15,005
Profit (loss) for the period9904-€15,005
Profit (loss) for the period to be appropriated9905-€15,005
Line2025
Assets
Total assets20/58€63,099
Fixed assets21/28€32,076
Tangible fixed assets22/27€32,076
Plant, machinery and equipment23€19,519
Furniture and vehicles24€12,556
Current assets29/58€31,024
Stocks and contracts in progress3€6,500
Stocks30/36€6,500
Amounts receivable within one year40/41€8,066
Trade receivables40€7,732
Other amounts receivable41€334
Cash at bank and in hand54/58€16,458
Equity and liabilities
Total equity and liabilities10/49€63,099
Equity10/15-€12,505
Contributions10/11€2,500
Profit (loss) carried forward14-€15,005
Amounts payable17/49€75,605
Amounts payable after more than one year17€60,000
Financial debts170/4€60,000
Amounts payable within one year42/48€15,605
Trade debts44€463
Suppliers440/4€463
Advances received on contracts in progress46€6,841
Other amounts payable47/48€8,300
Line2025
Profit (loss) for the period9904-€15,005
+ Depreciation and write-downs630€13,240
Operating cash flow (approximation)-€1,765

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kampenhout · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,435 m²
Building footprint
122 m²
Volume, LiDAR
847 m³
Parcel 23038D0628/00P000, Flanders · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
D.B. Projects
Van Beethovenlaan 14, 1910 KampenhoutGeneral construction of buildings
since 20242.359.589.732
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23038D0628/00P000 Flanders 1,435 m² 1 · 122 m² 9.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
30120Manufacture of other transport equipment
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009534527
Also 9925:BE1009534527
Registered 09-07-2026

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.