D.CONSTRUCT
ActiveSummary
D.CONSTRUCT has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,018 and a net result of €16,228. Equity is shrinking by about 8.8% per year across the filed financial years. Its solvency ranks better than 45% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
- Staff
- 6 FTE
- Equity
- €168,018
- Profit
- €16,228
Why 67raises riskLast filed accounts filed 61 days late; 2 of the last 3 lateSector: Specialised construction activities (NACE 43)2 establishment unitslowers riskFounded in 2008Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 46% on solvency, 30% on liquidity, 19% on profitability and 56% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 125 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €16,228
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00534746.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €52,457 after a loss of €73,479 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 10,904 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €224,288 | €316,556 | €315,291 | €304,598 | €316,661 | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,512 | €30,831 | €27,475 | €25,281 | €25,967 | €10,637 | €9,735 | €9,294 | ▼ 4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €55,000 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €4,541 | €2,770 | €6,017 | €9,097 | €1,999 | ▼ 78.0% |
| Non-recurring operating charges66A | - | - | - | €2,944 | €27,026 | €859 | €256 | €623 | ▲ 143% |
| Gross operating margin9900 | €229,955 | €254,589 | €431,294 | €276,091 | €439,287 | €108,144 | €250,207 | €381,034 | ▲ 52.3% |
| Operating profit (loss)9901 | €48,438 | €214 | €91,251 | €19,037 | €11,968 | -€224,660 | -€73,479 | €52,457 | - |
| Financial income75/76B | - | - | - | - | €3,903 | €165,826 | - | - | - |
| Recurring financial income75 | €407 | €490 | €1,166 | - | €3,903 | €165,826 | - | - | - |
| Non-recurring financial income76B | - | - | - | - | - | €165,826 | - | - | - |
| Financial charges65/66B | - | - | - | €25,055 | €26,136 | €16,510 | €32,735 | €35,105 | ▲ 7.2% |
| Recurring financial charges65 | €41,265 | €33,418 | €28,358 | €25,055 | €26,136 | €16,510 | €32,735 | €35,105 | ▲ 7.2% |
| Profit (loss) for the period before taxes9903 | €7,580 | -€32,714 | €64,059 | -€6,018 | -€10,265 | -€75,344 | -€106,214 | €17,352 | - |
| Income taxes67/77 | €4,334 | - | €15,000 | -€2,834 | -€7,495 | - | €702 | €1,124 | ▲ 60.1% |
| Profit (loss) for the period9904 | €3,246 | -€32,714 | €49,059 | -€3,184 | -€2,770 | -€75,344 | -€106,916 | €16,228 | - |
| Profit (loss) for the period to be appropriated9905 | €3,246 | -€32,714 | €49,059 | -€3,184 | -€2,770 | -€75,344 | -€106,916 | €16,228 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.0m | €1.0m | €0.9m | €0.8m | €0.9m | €1.2m | €0.4m | €0.4m | ▼ 9.1% |
| Fixed assets21/28 | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | €0.2m | €0.2m | €0.1m | ▼ 6.1% |
| Tangible fixed assets22/27 | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | €0.2m | €0.1m | €0.1m | ▼ 6.5% |
| Land and buildings22 | - | - | - | €0.4m | €0.3m | €0.1m | €0.1m | €0.1m | ▼ 5.4% |
| Plant, machinery and equipment23 | - | - | - | €0.005m | €0.003m | €0.002m | €0.001m | €51 | ▼ 91.9% |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.007m | €0.002m | €0.001m | - | - |
| Financial fixed assets28 | €0.007m | €0.007m | €0.007m | €0.007m | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Current assets29/58 | €0.6m | €0.5m | €0.5m | €0.4m | €0.6m | €1.0m | €0.3m | €0.3m | ▼ 10.7% |
| Stocks and contracts in progress3 | €0.02m | €0.02m | €0.02m | €0.02m | €0.04m | €0.03m | €0.02m | €0.02m | ▲ 3.4% |
| Stocks30/36 | - | - | - | €0.02m | €0.04m | €0.03m | €0.02m | €0.02m | ▲ 3.4% |
| Amounts receivable within one year40/41 | €0.5m | €0.5m | €0.4m | €0.4m | €0.5m | €0.9m | €0.2m | €0.2m | ▼ 5.3% |
| Trade receivables40 | - | - | - | €0.3m | €0.3m | €0.9m | €0.2m | €0.1m | ▼ 21.8% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.02m | €0.06m | €0.08m | ▲ 40.8% |
| Cash at bank and in hand54/58 | €0.02m | €0.04m | €0.03m | €0.05m | €0.06m | €0.05m | €0.05m | €0.03m | ▼ 39.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.003m | €430 | €0.001m | €330 | ▼ 40.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.0m | €1.0m | €0.9m | €0.8m | €0.9m | €1.2m | €0.4m | €0.4m | ▼ 9.1% |
| Equity10/15 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 10.7% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €0.1m | €0.08m | €0.002m | -€0.002m | -€0.004m | -€0.08m | -€0.2m | -€0.2m | ▲ 8.7% |
| Amounts payable17/49 | €0.7m | €0.7m | €0.6m | €0.5m | €0.6m | €0.9m | €0.3m | €0.2m | ▼ 19.7% |
| Amounts payable after more than one year17 | €0.4m | €0.3m | €0.3m | €0.3m | €0.2m | €0.1m | €0.08m | €0.07m | ▼ 9.6% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.1m | €0.08m | €0.07m | ▼ 9.6% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.3m | €0.2m | €0.4m | €0.8m | €0.2m | €0.2m | ▼ 23.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.06m | €0.02m | €0.02m | €0.01m | ▼ 32.7% |
| Financial debts43 | - | - | - | - | €0.05m | €0.03m | €0.04m | €0.02m | ▼ 63.7% |
| Credit institutions430/8 | - | - | - | - | €0.05m | €0.03m | €0.04m | €0.02m | ▼ 63.7% |
| Trade debts44 | €0.02m | €0.1m | €0.07m | €0.05m | €0.2m | €0.7m | €0.03m | €0.03m | ▼ 2.7% |
| Suppliers440/4 | - | - | - | €0.05m | €0.2m | €0.7m | €0.03m | €0.03m | ▼ 2.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.04m | €0.04m | €0.06m | €0.06m | ▼ 6.0% |
| Taxes450/3 | - | - | - | €0.03m | €0.003m | - | €0.006m | €0.004m | ▼ 30.7% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.03m | €0.04m | €0.06m | €0.05m | ▼ 3.6% |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.06m | €0.03m | €0.04m | €0.03m | ▼ 22.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,246 | -€32,714 | €49,059 | -€3,184 | -€2,770 | -€75,344 | -€106,916 | €16,228 | - |
| + Depreciation and write-downs630 | €35,512 | €30,831 | €27,475 | €25,281 | €25,967 | €10,637 | €9,735 | €9,294 | ▼ 4.5% |
| Operating cash flow (approximation) | €38,758 | -€1,883 | €76,534 | €22,097 | €23,197 | -€64,707 | -€97,181 | €25,522 | - |
| Investment in fixed assets (approximation) | - | -€4,525 | -€2,284 | -€3,762 | -€4,352 | €195,699 | -€1 | €0 | - |
| Change in cash | - | €21,701 | -€8,031 | €17,903 | €11,921 | -€13,640 | €2,488 | -€19,284 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00534746 |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00407876 |
| 31-12-2023 | micro format | 14-02-2025 | 2025-00034667 |
| 31-12-2022 | micro format | 26-03-2024 | 2024-00049491 |
| 31-12-2021 | micro format | 12-10-2022 | 2022-20463136 |
| 31-12-2020 | micro format | 19-08-2021 | 2021-50200298 |
| 31-12-2019 | abbreviated format | 23-04-2021 | 2021-11000486 |
| 31-12-2018 | abbreviated format | 16-10-2019 | 2019-70500498 |
| 31-12-2017 | abbreviated format | 28-09-2018 | 2018-66900468 |
| 31-12-2016 | abbreviated format | 29-09-2017 | 2017-64900488 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DRIES Leny Victor Simon |
|
Owners and capital
Capital and shareholders
- 08-12-2023 Converted to unavailable equity · €22,000
- 08-12-2023 Converted to available equity · €22,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-12
Gazette deed
Resignation: DRIES Leny Victor Simon (manager)Reappointment: DRIES Leny Victor Simon (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 23-11-2023
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “fonds disponibles pour distribution” (deed in French)
- Capital
- Other provision, “compte de capitaux propres statutairement indisponible, Néant” (deed in French)
- Director resignation, DRIES Leny Victor Simon (manager (not named in the articles))
- Director reappointment, DRIES Leny Victor Simon (director (not named in the articles))
- Director discharge, DRIES Leny Victor Simon
- Registered office clause, “7864 Lessines (Deux-Acren), Rue Lespagnard”, 44 (deed in French)
- Power of attorney
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0899.910.867
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Rue Lespagnard(DA) 447864 Lessines2 establishment units
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44803C0400/00A000 | Flanders | 102 m² | 1 · 102 m² | 14.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La production et le gros ou le petit commerce sous quelque forme que ce soit(l’achat,la vente,l’import-export,la location,le leasing de…” (deed in French)
12 activities (deed in French)
- La production et le gros ou le petit commerce sous quelque forme que ce soit(l’achat,la vente,l’import-export,la location,le leasing de biens meubles ou immeubles,la représentation,le courtage,la commission,l’intermédiaire commercial et le trading)
- L’entreprise de maçonnerie et de bétonnage ainsi que le plafonnage et cimentage
- L’entreprise d’isolation sonore ou calorique
- L’entreprise de placement de murs en bois,faux plafonds,murs de séparation,placements de murs en gyproc,ou de murs intérieurs,non porteurs mêlés à des blocs de plâtres massifs
- L’entreprise de placement,remplacement et de réparation de toutes installations électriques et électroniques
- Le placement de vérandas et l’exécution de tous travaux en rapport
- L’exécution de tous travaux de chape
- La tenue pour dames et demoiselles,hommes et jeunes hommes,tenue pour bébé,vêtements d’enfants,confection pour hommes,dames,fourrures,matières en cuir,chaussures,matières textiles sous quelque forme que ce soit,accessoires,vêtements et articles de sport et de loisirs,objet de décoration,bijoux,peintures et gravures,photographie et articles de photographies
- L’entreprise de marketing,de publicités,le bureau d’information et de consultance
- Toute manipulation,transformation,restauration,créations et réalisation de verre,plomb,ou autre métal ou matériau,leur production et commercialisation en gros et en détail
- La production et commercialisation en gros et en détail sous toutes les formes d’appareils électriques et de systèmes d’aération
- La création,réalisation,l’organisation,l’installation de boutiques pour le commerce desdits articles
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- D.CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, simples décision organe d’administration,Belgique,étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “13, assemblee-fixe-nombre-duree-pouvoirs-pluralite” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “12, libre-cession-tout-ou-partie” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, si aucun autre liquidateur désigné” (deed in French)