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D C

Active
Private limited companyfounded 200125 yrs activeRue Neuve(GER) 95, 6280 Gerpinnes, BelgiumKBO/BCE: BE 0473.676.734

The file of D C contains 4 judicial reorganisation notices, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show negative equity (-€6,869) and a net result of €41,452. The figures fluctuate too strongly year-on-year for a reliable trend projection.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+20
Solvency18▲+18
Growth78▲+20
Track record52
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.58 in 2024; short-term debt: 107.5% and cash: 8% of total assets), and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Judicial reorganisation on record
A judicial reorganisation is on record, and one often precedes a bankruptcy.
Belgian State Gazette
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 25 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
-7.5%
Return on assets
45.1%
Age of the figures
9 mo
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
59 d early
2023
20 d late
2022
31 d late
2021
24 d late
2020
52 d early
2019
201 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 14 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout initial
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 August (4 of the last 5 filed years within 80 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline

History

D C was incorporated on 2 January 2001.1 Total assets fell from EUR 275,164 in 2018 to EUR 91,813 in 2025 and headcount from 10 full-time equivalents in 2018 to 7.2 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€41,452▲ 177%
2024 · €14,969
Working capital
-€10,418▲ 80.2%
2024 · -€52,579
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€119,168€33,887▼ 71.6%-€35,895€19,449€50,629▲ 160%
Net result€87,396€24,486▼ 72.0%-€36,243€14,969€41,452▲ 177%
Equity-€51,534▼ 32.4%-€27,047▲ 47.5%-€63,290▼ 134%-€48,321▲ 23.7%-€6,869▲ 85.8%
Total assets€139,692▼ 47.8%€136,434▼ 2.3%€95,618▼ 29.9%€77,780▼ 18.7%€91,813▲ 18.0%
Debt€191,225▼ 37.6%€163,482▼ 14.5%€158,908▼ 2.8%€126,101▼ 20.6%€98,683▼ 21.7%
Working capital-€54,899▲ 77.4%-€30,009▲ 45.3%-€68,096▼ 127%-€52,579▲ 22.8%-€10,418▲ 80.2%
Staff (FTE)
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €119,168€119,168Net result 2021: €87,396€87,396Operating result 2022: €33,887€33,887Net result 2022: €24,486€24,486Operating result 2023: -€35,895-€35,895Net result 2023: -€36,243-€36,243Operating result 2024: €19,449€19,449Net result 2024: €14,969€14,969Operating result 2025: €50,629€50,629Net result 2025: €41,452€41,45220212022202320242025-€50,000-€25,000€0€25,000€50,000Operating result 2023: -€35,895-€35,900Net result 2023: -€36,243-€36,200Operating result 2024: €19,449€19,400Net result 2024: €14,969€15,000Operating result 2025: €50,629€50,600Net result 2025: €41,452€41,500202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 160% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,813
Fixed assets €3,548 ▼ 16.7%
Current assets €88,265 ▲ 20.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
€51,177▲
2024 · €19,997
Cash flow
€41,999▲
2024 · €15,517
Solvency
-7.5%▲
2024 · -62.1%
Current ratio
0.89▲
2024 · 0.58
Debt to equity
-14.37▼
2024 · -2.61
ROA
45.1%▲
2024 · 19.2%
Interest coverage
128.17▲
2024 · 4.46
Debt ≤ 1 year
€98,683▼
2024 · €126,101
Income taxes
€8,778
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: ≥ 25% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% 1.7%
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 75% 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 3,798 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 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€77,780€91,813▲
Fixed assets21/28€4,258€3,548▼
Tangible fixed assets22/27€1,796€1,248▼
Furniture and vehicles24€1,796€1,248▼
Financial fixed assets28€2,462€2,300▼
Current assets29/58€73,522€88,265▲
Amounts receivable within one year40/41€72,348€80,145▲
Other amounts receivable41€72,348€80,145▲
Cash at bank and in hand54/58€1,173€7,385▲
Deferred charges and accrued income490/1-€735
Equity and liabilities
Total equity and liabilities10/49€77,780€91,813▲
Equity10/15-€48,321-€6,869▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860-
Reserves not available under the articles1311€1,860-
Distributable reserves133-€1,860
Profit (loss) carried forward14-€68,781-€27,329▲
Amounts payable17/49€126,101€98,683▼
Amounts payable within one year42/48€126,101€98,683▼
Trade debts44€6,879€15,662▲
Suppliers440/4€6,879€15,662▲
Taxes, remuneration and social security45€119,221€83,020▼
Taxes450/3€26,633€26,346▼
Remuneration and social security454/9€92,588€56,675▼
Income statement Code20242025
Remuneration, social security and pensions62€35,708-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€548€548=
Other operating charges640/8€6,429€562▼
Gross operating margin9900€62,133€51,738▼
Operating profit (loss)9901€19,449€50,629▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€4,486€399▼
Recurring financial charges65€4,486€399▼
Profit (loss) for the period before taxes9903€14,969€50,230▲
Income taxes67/77-€8,778
Profit (loss) for the period9904€14,969€41,452▲
Profit (loss) for the period to be appropriated9905€14,969€41,452▲
Appropriation of the result
Profit (loss) to be appropriated9906-€68,781-€27,329▲
Profit (loss) brought forward from the previous period14P-€83,750-€68,781▲

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

Line20212022202320242025Change
Remuneration, social security and pensions62€194,302€67,835€87,902€35,708--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€632€403€395€548€548=
Other operating charges640/8€11,181-€2,705€6,429€562▼ 91.3%
Gross operating margin9900€325,283€102,125€55,107€62,133€51,738▼ 16.7%
Operating profit (loss)9901€119,168€33,887-€35,895€19,449€50,629▲ 160%
Financial income75/76B€0--€6--
Recurring financial income75€0--€6--
Financial charges65/66B€530€220€348€4,486€399▼ 91.1%
Recurring financial charges65€530€220€348€4,486€399▼ 91.1%
Profit (loss) for the period before taxes9903€118,638€33,668-€36,243€14,969€50,230▲ 236%
Income taxes67/77€31,243€9,181--€8,778-
Profit (loss) for the period9904€87,396€24,486-€36,243€14,969€41,452▲ 177%
Profit (loss) for the period to be appropriated9905€87,396€24,486-€36,243€14,969€41,452▲ 177%
Line20212022202320242025Change
Assets
Total assets20/58€139,692€136,434€95,618€77,780€91,813▲ 18.0%
Fixed assets21/28€3,365€2,962€4,805€4,258€3,548▼ 16.7%
Tangible fixed assets22/27€403-€2,343€1,796€1,248▼ 30.5%
Furniture and vehicles24€403-€2,343€1,796€1,248▼ 30.5%
Financial fixed assets28€2,962€2,962€2,462€2,462€2,300▼ 6.6%
Current assets29/58€136,327€133,472€90,812€73,522€88,265▲ 20.1%
Amounts receivable within one year40/41€67,579€77,987€71,222€72,348€80,145▲ 10.8%
Trade receivables40€5,330€13,540€1,460---
Other amounts receivable41€62,249€64,447€69,762€72,348€80,145▲ 10.8%
Cash at bank and in hand54/58€67,840€55,485€19,590€1,173€7,385▲ 529%
Deferred charges and accrued income490/1€908---€735-
Equity and liabilities
Total equity and liabilities10/49€139,692€136,434€95,618€77,780€91,813▲ 18.0%
Equity10/15-€51,534-€27,047-€63,290-€48,321-€6,869▲ 85.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860--
Reserves not available under the articles1311€1,860€1,860€1,860€1,860--
Distributable reserves133----€1,860-
Profit (loss) carried forward14-€71,994-€47,507-€83,750-€68,781-€27,329▲ 60.3%
Amounts payable17/49€191,225€163,482€158,908€126,101€98,683▼ 21.7%
Amounts payable within one year42/48€191,225€163,482€158,908€126,101€98,683▼ 21.7%
Trade debts44€22,259€20,237€44,538€6,879€15,662▲ 128%
Suppliers440/4€22,259€20,237€44,538€6,879€15,662▲ 128%
Taxes, remuneration and social security45€168,966€143,245€114,370€119,221€83,020▼ 30.4%
Taxes450/3€17,577€23,610€15,909€26,633€26,346▼ 1.1%
Remuneration and social security454/9€151,389€119,635€98,460€92,588€56,675▼ 38.8%
Line20212022202320242025Change
Profit (loss) for the period9904€87,396€24,486-€36,243€14,969€41,452▲ 177%
+ Depreciation and write-downs630€632€403€395€548€548=
Operating cash flow (approximation)€88,027€24,890-€35,848€15,517€41,999▲ 171%
Investment in fixed assets (approximation)-€0-€2,238€0€162-
Change in cash--€12,355-€35,895-€18,417€6,211▲ 134%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
18-04
Judicial reorganisation Plan homologation
Tribunal de l’entreprise du Hainaut · event 14-04-2025
25-02
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 17-02-2025
2024
31-12
Financial Back to profitnet €14,969
Net result €14,969 after one loss-making year.
20-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial Back to profitnet €87,396
Net result €87,396 after one loss-making year.
22-09
Judicial reorganisation Plan homologation
Tribunal de l’entreprise du Hainaut · event 16-09-2021
09-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
24-03
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 18-03-2021
Show earlier events
17-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 201 days late
11-02
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 561 days late
2020
17-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 870 days late
17-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 1235 days late
2019
31-12
Financial Back to profitnet €15,784
Net result €15,784 after one loss-making year.
20-11
KBO administration Strikeout initial
event 04-11-2019
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Gerpinnes · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
2,546 m²
Building footprint
206 m²
Volume, LiDAR
213 m³
2 parcels, Wallonia · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DC SPRL
Grand-Rue(TR) 28, 6183 CourcellesHuman health activities
since 20052.148.616.316
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52066B0905/00G005 Wallonia 2,370 m² 1 · 153 m² -
52025A0328/00P014 Wallonia 176 m² 1 · 53 m² 5.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded02-01-2001
Fiscal year end31-12
Contact
Phone 064/457344Courcelles
E-invoicing
Not found in the Peppol register

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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