D&D
ActiveSummary
D&D has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €994,044 and a net result of -€176,523. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 30% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-03-2001 Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 5 others
- Joint committees
- 100 Aanvullend Paritair Comité voor de werklieden
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2021
- Establishment units
- 2.094.382.626 4841 Welkenraedt, since 18-04-2001
- 2.094.382.725 4700 Eupen, since 14-06-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
Annual accounts 2025
- Gross margin
- €726,536
- ▲ 17.4%
- Turnover
- ≈ €3.8m
- estimated
- Loss
- €176,523
- Equity
- €994,044
- ▼ 20.5%
- Total assets
- €5.3m
- ▲ 211%
- Employees on 31-12-2025
- 9
- ▼ 25.0%
Score breakdownraises riskLiquidity: current ratio 2.33, cash €32,292, halved1 of the last 3 accounts lateEquity €994,044 (18.8% of total assets)Loss of €176,523 (financial year 2025)Show the evidence
Checked score
Score 2025
63
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 32% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency
44-55
equity 18.8% of total assets
Liquidity
51-15
short-term debt 9.9% · cash 0.6%
Profitability
18-54
return on assets -3.3%
Bankruptcy probability within 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.2%▼ -0.2 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 1.5%▲ +1.3 percentage points vs 06-2026highest value
08-2026: 1.5%● unchanged vs 07-2026highest value
09-2026: 1.5%● unchanged vs 08-2026highest value
10-2026: 1.5%● unchanged vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.33 (4.34 in 2024), above the usual 1.5. Short-term debt is 9.9% and cash 0.6% of total assets. However, 81.2% of the assets are financed with debt and provisions.
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 47, micro). It does better than 35% of them on solvency, 55% on liquidity, 21% on profitability and 20% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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
Five signals.
raises riskneutral
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 days early
2024
50 days late
2023
22 days early
2022
25 days early
2021
3 days early
2020
3 days early
2019
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 19-06-2026 at the NBB all 25 filings
Turnover
≈ €3.8m
Estimated: probably between €2.6m and €5.8m
EBIT margin
Not included in this filing
Net result
-€176,523
2024 · €49,789
Working capital
€695,748▼ 38.8%
2024 · €1.1m
In the rankings
#4 company by total assets in Welkenraedt, Wholesale and retail trade sector#10 company by equity in Welkenraedt, Wholesale and retail trade sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€121,248
2025
20182025
Net result
-€176,523
2025
lowest quarter of the sector
20182025
Equity
€994,044
▼ 20.5%
2025
middle half of the sector
20182025
Total assets
€5.3m
▲ 211%
2025
highest quarter of the sector
20182025
Debt
€4.2m
▲ 12×
2025
20182025
Working capital
€695,748
▼ 38.8%
2025
middle half of the sector
20182025
Solvency
18.8%
▼ 54.7pp
2025
middle half of the sector
20182025
Current ratio
2.33
▼ 2.01
2025
middle half of the sector
20182025
Return on assets (ROA)
-3.3%
▼ 6.3pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
8.6
▼ 9.5%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.08m-€0.06m▼ 29.5%€0.4m▲ 528%€0.3m▼ 6.6%€0.04m▼ 88.0%€0.003m▼ 92.6%€0.08m▲ 28×-€0.1m
Net result€0.05m-€0.03m▼ 49.1%€0.2mabove the sector's middle half▲ 867%€0.2mabove the sector's middle half▼ 2.8%€0.03mwithin the sector's middle half▼ 88.6%-€0.02mbelow the sector's middle half€0.05mwithin the sector's middle half-€0.2mbelow the sector's middle half
Equity€0.4m-€0.5m▲ 5.5%€0.7mabove the sector's middle half▲ 52.5%€1.0mabove the sector's middle half▲ 33.5%€1.0mabove the sector's middle half▲ 2.9%€0.8mwithin the sector's middle half▼ 18.9%€1.3mabove the sector's middle half▲ 57.5%€1.0mwithin the sector's middle half▼ 20.5%
Total assets€1.6m-€1.7m▲ 6.4%€1.7mwithin the sector's middle half▲ 0.4%€1.8mwithin the sector's middle half▲ 4.3%€1.9mwithin the sector's middle half▲ 4.6%€1.7mwithin the sector's middle half▼ 10.8%€1.7mwithin the sector's middle half▲ 1.7%€5.3mabove the sector's middle half▲ 211%
Debt€1.2m-€1.2m▲ 6.8%€1.0m▼ 19.2%€0.8m▼ 16.4%€0.9m▲ 6.5%€0.9m▼ 1.8%€0.3m▼ 60.3%€4.2m▲ 12×
Working capital€0.07m-€0.3m▲ 337%€0.4mabove the sector's middle half▲ 48.0%€0.5mabove the sector's middle half▲ 10.2%€0.6mabove the sector's middle half▲ 17.4%€0.4mwithin the sector's middle half▼ 32.7%€1.1mabove the sector's middle half▲ 204%€0.7mwithin the sector's middle half▼ 38.8%
Solvency27.6%-27.3%▼ 0.2pp41.5%within the sector's middle half▲ 14.2pp53.1%within the sector's middle half▲ 11.6pp52.3%within the sector's middle half▼ 0.9pp47.5%within the sector's middle half▼ 4.8pp73.5%above the sector's middle half▲ 26.0pp18.8%within the sector's middle half▼ 54.7pp
Current ratio1.06-1.30▲ 0.241.50within the sector's middle half▲ 0.201.64within the sector's middle half▲ 0.131.77within the sector's middle half▲ 0.141.49within the sector's middle half▼ 0.294.34above the sector's middle half▲ 2.852.33within the sector's middle half▼ 2.01
Return on assets (ROA)3.1%-1.5%▼ 1.6pp14.3%above the sector's middle half▲ 12.8pp13.3%above the sector's middle half▼ 1.0pp1.5%within the sector's middle half▼ 11.9pp-1.2%below the sector's middle half▼ 2.7pp2.9%within the sector's middle half▲ 4.1pp-3.3%below the sector's middle half▼ 6.3pp
Staff (FTE)11.2-11▼ 1.8%10.2within the sector's middle half▼ 7.3%9.9within the sector's middle half▼ 2.9%11.8within the sector's middle half▲ 19.2%10.1within the sector's middle half▼ 14.4%9.5within the sector's middle half▼ 5.9%8.6within the sector's middle half▼ 9.5%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €121,248, after a profit of €80,922 in 2024. It is the lowest result since 2021.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.3m
Fixed assets
€4.1m ▲ 18×
Current assets
€1.2m ▼ 17.5%
Equity and liabilities €5.3m
Equity
€994,044 ▼ 20.5%
Provisions
€98,997 ▼ 2.6%
Debt
€4.2m ▲ 12×
Debt's share of the balance-sheet total rises from 20.5% to 79.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€27,714▼
2024 · €153,962
Cash flow
-€27,561▼
2024 · €122,829
Quick ratio
0.45▼
2024 · 1.50
Debt to equity
4.23▲
2024 · 0.28
ROE
-17.8%▼
2024 · 4.0%
Interest coverage
0.35▼
2024 · 8.20
Debt ≤ 1 year
€523,026▲
2024 · €340,463
Debt > 1 year
€3.7m▲
2024 · €8,555
Income taxes
€506▼
2024 · €20,638
Staff costs
€412,690▲
2024 · €410,137
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 12 | 13 | 12 | 12 | 9 |
| full-time | 9 | 10 | 7 | 7 | 5 |
| part-time | 3 | 3 | 5 | 5 | 4 |
| in full-time equivalents | 10.9 | 11.8 | 10.4 | 10.3 | 7.7 |
| Average over the year, in full-time equivalents | 9.9 | 11.8 | 10.1 | 9.5 | 8.6 |
| On a permanent contract | 12 | 13 | 12 | 12 | 9 |
| Joined | 2 | 2 | 1 | 3 | 0 |
| Left | 2 | 1 | 2 | 3 | 3 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €147,319 | €250,584 | €172,781 | - | - |
| Mortgages, amount registered | - | - | - | - | €500,000 |
| Mortgage mandates | - | - | - | - | €3.5m |
| Carrying value of the mortgaged assets | - | - | - | - | €4.0m |
| Pledge on the business | €200,000 | €200,000 | €200,000 | - | - |
| Pledge on other assets, amount secured | - | - | - | - | €350,000 |
| Carrying value of the other pledged assets | €10,858 | - | - | - | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €196,539 | €105,879 | €2,557 | €122,150 | €4.2m |
| Depreciation and write-downs of the year | €39,636 | €79,917 | €74,474 | €73,040 | €148,963 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €5,351 | €27,544 | €700 | ▼ 97.5% |
| Remuneration, social security and pensions62 | - | - | - | €421,801 | €500,341 | €442,162 | €410,137 | €412,690 | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,509 | €51,382 | €46,136 | €39,636 | €79,917 | €74,474 | €73,040 | €148,963 | ▲ 104% |
| Other operating charges640/8 | - | - | - | €56,799 | €50,037 | €32,342 | €35,025 | €25,275 | ▼ 27.8% |
| Non-recurring operating charges66A | - | - | - | - | - | €22,493 | €19,717 | €260,857 | ▲ 13× |
| Gross operating margin9900 | €533,428 | €532,461 | €811,433 | €846,127 | €669,654 | €574,367 | €618,841 | €726,536 | ▲ 17.4% |
| Operating profit (loss)9901 | €79,307 | €55,945 | €351,180 | €327,891 | €39,359 | €2,896 | €80,922 | -€121,248 | - |
| Financial income75/76B | - | - | - | €14,901 | €19,171 | €3,816 | €8,284 | €20,951 | ▲ 153% |
| Recurring financial income75 | €4,479 | €3,792 | €6,923 | €14,901 | €19,171 | €3,816 | €8,284 | €20,951 | ▲ 153% |
| Financial charges65/66B | - | - | - | €19,559 | €20,263 | €24,592 | €18,779 | €78,365 | ▲ 317% |
| Recurring financial charges65 | €14,375 | €22,095 | €21,713 | €19,559 | €20,263 | €24,592 | €18,779 | €78,365 | ▲ 317% |
| Profit (loss) for the period before taxes9903 | €69,412 | €37,642 | €341,389 | €323,233 | €38,267 | -€17,880 | €70,427 | -€178,662 | - |
| Transfer from deferred taxes780 | - | - | - | - | - | - | - | €2,645 | - |
| Income taxes67/77 | €19,563 | €12,252 | €95,843 | €84,523 | €11,006 | €2,370 | €20,638 | €506 | ▼ 97.5% |
| Profit (loss) for the period9904 | €49,849 | €25,390 | €245,546 | €238,710 | €27,261 | -€20,250 | €49,789 | -€176,523 | - |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | - | €10,582 | - |
| Profit (loss) for the period to be appropriated9905 | €49,849 | €25,390 | €245,546 | €238,710 | €27,261 | -€20,250 | €49,789 | -€165,942 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.7m | €1.7m | €1.8m | €1.9m | €1.7m | €1.7m | €5.3m | ▲ 211% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.4m | €0.6m | €0.6m | €0.5m | €0.2m | €4.1m | ▲ 18× |
| Intangible fixed assets21 | - | - | - | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.4m | €0.6m | €0.6m | €0.5m | €0.2m | €4.1m | ▲ 18× |
| Land and buildings22 | - | - | - | €0.5m | €0.6m | €0.5m | €0.1m | €4.0m | ▲ 36× |
| Plant, machinery and equipment23 | - | - | - | €0.007m | €0.005m | €0.002m | €0.02m | €0.03m | ▲ 24.4% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.04m | €0.03m | €0.09m | €0.07m | ▼ 26.3% |
| Current assets29/58 | €1.1m | €1.2m | €1.3m | €1.2m | €1.3m | €1.1m | €1.5m | €1.2m | ▼ 17.5% |
| Stocks and contracts in progress3 | €0.8m | €0.8m | €0.8m | €0.9m | €1.0m | €0.9m | €1.0m | €1.0m | ▲ 1.5% |
| Stocks30/36 | - | - | - | €0.9m | €1.0m | €0.9m | €1.0m | €1.0m | ▲ 1.5% |
| Amounts receivable within one year40/41 | €0.3m | €0.4m | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | ▼ 3.1% |
| Trade receivables40 | - | - | - | €0.04m | €0.04m | €0.08m | €0.09m | €0.09m | ▼ 1.6% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.06m | €0.1m | €0.1m | ▼ 4.1% |
| Cash at bank and in hand54/58 | €0.02m | €0.03m | €0.2m | €0.05m | €0.04m | €0.08m | €0.3m | €0.03m | ▼ 89.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.04m | €0.03m | - | €0.002m | €0.005m | ▲ 110% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.7m | €1.7m | €1.8m | €1.9m | €1.7m | €1.7m | €5.3m | ▲ 211% |
| Equity10/15 | €0.4m | €0.5m | €0.7m | €1.0m | €1.0m | €0.8m | €1.3m | €1.0m | ▼ 20.5% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | - | €0.1m | €0.2m | €0.2m | €0.2m | = |
| Uncalled capital101 | - | - | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.2m | €0.3m | €0.4m | €0.4m | €0.3m | €0.7m | €0.6m | ▼ 12.5% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves not available under the articles1311 | - | - | - | €0.03m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.05m | €0.05m | €0.05m | €0.5m | €0.4m | ▼ 2.3% |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.2m | €0.2m | €0.2m | ▼ 32.7% |
| Profit (loss) carried forward14 | €0.1m | €0.1m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 38.8% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €0.1m | €0.1m | ▼ 2.6% |
| Deferred taxes168 | - | - | - | - | - | - | €0.1m | €0.1m | ▼ 2.6% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.0m | €0.8m | €0.9m | €0.9m | €0.3m | €4.2m | ▲ 12× |
| Amounts payable after more than one year17 | €0.1m | €0.3m | €0.1m | €0.09m | €0.2m | €0.1m | €0.009m | €3.7m | ▲ 430× |
| Financial debts170/4 | - | - | - | €0.09m | €0.2m | €0.1m | €0.009m | €3.7m | ▲ 430× |
| Amounts payable within one year42/48 | €1.1m | €1.0m | €0.9m | €0.7m | €0.7m | €0.8m | €0.3m | €0.5m | ▲ 53.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.08m | €0.06m | €0.03m | €0.2m | ▲ 781% |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.1m | €0.1m | ▼ 8.6% |
| Suppliers440/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.1m | €0.1m | ▼ 8.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.1m | €0.09m | €0.09m | ▲ 0.2% |
| Taxes450/3 | - | - | - | €0.1m | €0.07m | €0.05m | €0.03m | €0.03m | ▲ 0.4% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.09m | €0.07m | €0.05m | €0.05m | = |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.3m | €0.08m | €0.08m | ▼ 5.2% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.004m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.03m | €0.2m | €0.2m | €0.03m | -€0.02m | €0.05m | -€0.2m | - |
| + Depreciation and write-downs630 | €0.05m | €0.05m | €0.05m | €0.04m | €0.08m | €0.07m | €0.07m | €0.1m | ▲ 104% |
| Operating cash flow (approximation) | €0.1m | €0.08m | €0.3m | €0.3m | €0.1m | €0.05m | €0.1m | -€0.03m | - |
| Investment in fixed assets (approximation) | - | -€0.03m | -€0.02m | -€0.2m | -€0.1m | -€0.003m | €0.2m | -€4.0m | - |
| Change in cash | - | €0.01m | €0.2m | -€0.2m | -€0.009m | €0.04m | €0.2m | -€0.3m | - |
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, 2,450 companies had the same profile as D&D has now. Two years later, 93.3% were still going and 1.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
93.3%
was still going
5.1%
stopped otherwise
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D&D itself: 1.5% 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 2,450 companies, not a prediction for D&D. 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 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 19-06-2026 | 2026-00201487 | |
| 31-12-2024 | full format | 19-09-2025 | 2025-00504272 | |
| 31-12-2023 | full format | 09-07-2024 | 2024-00225741 | |
| 31-12-2022 | full format | 06-07-2023 | 2023-00209127 | |
| 31-12-2021 | full format | 28-07-2022 | 2022-20237815 | |
| 31-12-2020 | full format | 28-07-2021 | 2021-41400169 | |
| 31-12-2019 | full format | 29-07-2020 | 2020-35700097 | |
| 31-12-2018 | full format | 07-06-2019 | 2019-17300418 | |
| 31-12-2017 | full format | 02-07-2018 | 2018-27900166 | |
| 31-12-2016 | full format | 28-06-2017 | 2017-23200422 |
Board & ownership
Directors
Directors
1 director, 1 in day-to-day management, last change in 2024
Board 1
DETHIER Sandra
Current
Seule administrateur · since 01-04-2002 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 19-06-2026
Day-to-day management 1
DETHIER Sandra
Current
Managing director · in office according to the act of 27-05-2022 · 6-year term from 2021
Owners and capital
Capital transactions
Capital over time
- 25-01-2024 Capital stated in the deed · €198,500 · 198 shares
Mandate history
2 people, 1 in office
- Board
- Day-to-day management
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| DETHIER Sandra |
|
| Henri-Marc Driessens |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “6 ans, tout moment,effet immédiat,sans motif”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Compétents pour toutes opérations prévues par loi, majorité voix”
Articles of association, deed of 25-01-2024 (in French)
Network & group
D&D shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of D&D. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
19-06
full format · 42 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€176,523
The net result drops to -€176,523, the lowest from 2018 to 2025.
19-09
full format · 50 days late
2024
31-12
Financial
Back to profitnet €49,789
The net result is €49,789, after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 4.34
The current ratio rises from 1.49 to 4.34. Short-term debt falls from €769,508 to €340,463.
31-12
Financial
Equity above €1mequity €1.3m ▲57.5%
Equity rises from €794,211 to €1.3m.
09-07
full format · 22 days before the deadline
25-01
Gazette deed
Company renamed from SA D & D AG to D&DResignation: DRIESSENS Henri-Marc (director) · Appointment: DETHIER Sandra (seule administrateur) · Amendment of the articles7 points ▸
Gazette deed
Company renamed from SA D & D AG to D&D
Resignation: DRIESSENS Henri-Marc (director) · Appointment: DETHIER Sandra (seule administrateur) · Amendment of the articles7 points ▸
- General meeting
- Amendment of the articles
- Name change, D&D
- Capital, €198,500
- Registered office clause, “fixer siège hors statuts et maintenir, 4841 Welkenraedt,Hockelbach,26” (deed in French)
- Director resignation, DRIESSENS Henri-Marc (director)
- Director appointment, DETHIER Sandra (seule administrateur)
24-01
Gazette deed
Resignation: Henri-Marc Driessens (director)3 points ▸
Gazette deed
Resignation: Henri-Marc Driessens (director)
3 points ▸
- General meeting, 14-12-2023
- Director resignation, Henri-Marc Driessens (director), mentioned 2 times in the deed
- Board meeting, 14-12-2023
2023
06-07
full format · 25 days before the deadline
2022
28-07
full format · 3 days before the deadline
27-05
Gazette deed
Reappointments: DRIESSENS Henri-Marc (managing director) and DETHIER Sandra (managing director)3 points ▸
Gazette deed
Reappointments: DRIESSENS Henri-Marc (managing director) and DETHIER Sandra (managing director)
3 points ▸
- General meeting, 14-02-2022
- Director reappointment, DRIESSENS Henri-Marc (managing director)
- Director reappointment, DETHIER Sandra (managing director)
Show earlier events
2021
28-07
full format · 3 days before the deadline
2020
31-12
Financial
Highest result from 2018 to 2025net €245,546 ▲867%
The operating result of €351,180 and the net result of €245,546 are both a record.
31-12
Financial
Equity above €500,000equity €713,533 ▲52.5%
With a profit in every financial year since 2018, equity grows to €713,533.
29-07
full format · 2 days before the deadline
2019
07-06
full format · 54 days before the deadline
2018
02-07
full format · 29 days before the deadline
2017
28-06
full format · 33 days before the deadline
2001
07-04
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
D&D in French
Former name
SA D & D AG until the act of 25-01-2024
Enterprise number
0474.447.982
Legal form
Public limited company
Status
Active, normale toestand
Founded
29-03-2001
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-01-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne ou de Bruxelles-Capitale de langue française, sièges administratifs,agences,ateliers,dépôts et succursales tant en Belgique…”
deed of 25-01-2024 (in French)Registered office and establishments
Registered office
Hockelbach 26, 4841 Welkenraedt, Belgium
Establishment units
Hockelbach 26, 4841 Welkenraedt since 18-04-2001 · unit number 2.094.382.626
BRICO, Rue de Herbesthal 151, 4700 Eupen since 14-06-2001 · unit number 2.094.382.725
Activities
NACEBEL 2025VAT activities
47521
Retail sale of hardware, building materials, paint and glass (general range) main activity
47522
Retail trade
47523
Retail trade
47524
Retail trade
47525
Retail trade
47526
Retail trade
Social security (RSZ) activities
47521
Retail sale of hardware, building materials, paint and glass (general range) main activity
Codes under NACEBEL 2008
VAT activities
47521
Retail trade main activity
47522
Retail trade
47523
Retail trade
47524
Retail trade
47525
Retail trade
47526
Retail trade
Social security (RSZ) activities
47521
Retail trade main activity
Codes under NACEBEL 2003
VAT activities
52462
main activity
Social security (RSZ) activities
52462
main activity
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 2021
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 25-01-2024 (in French)
“Le commerce en gros ou au détail,l’importation et l’exportation de bois et ses dérivés,de métal et ses dérivés,d’articles de…”
3 activities
- Le commerce en gros ou au détail,l’importation et l’exportation de bois et ses dérivés,de métal et ses dérivés,d’articles de ferronnerie,serrures et tous articles métalliques,outils,peintures et matériels de peinture,matériels et installations sanitaires,outils et meubles de jardin,articles de jardin,plante et semis,articles et matériel électrique,lampes,articles de bricolage,à destination des professionnels et des particuliers
- Toutes opérations commerciales,industrielles,mobilières et immobilières,financières ou civiles,ayant un rapport direct ou indirect avec son objet
- S’intéresser par voie d’apport,de souscription,d’intervention financière ou de toute autre manière dans toutes sociétés ou entreprises ayant,en tout ou en partie,un objet similaire ou connexe au sien ou susceptible d’en favoriser l’extension ou le développement
Invoicing and payment
VAT number
BE 0474.447.982
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 18:00
deed of 25-01-2024 (in French)Recognitions · licences · registrations
Food safety, FASFC
1 siteEupenunit number 2.094.382.725
Sites & property
Location
Buildings and parcels at the addresses
Ground area
7,422 m²
Building footprint
3,310 m²
Building volume
17,648 m³
Tallest building: 10.9 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63023B0064/00L000 | Wallonia | 6,230 m² | 1 · 3,132 m² | 10.9 m · 2 |
| 63032D0049/00W000 | Wallonia | 1,192 m² | 1 · 178 m² | 9.6 m · 2 |