D&D WELDING
ActiveSummary
The computed 12-month bankruptcy probability of D&D WELDING is 1.7% (moderate). The 2025 annual accounts show equity of €17k and a net result of €710. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 30% of 1909 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-6
Solvency52▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.8 against 1.64 in 2024; short-term debt: 45.3% and cash: 16.5% of total assets), but 73.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
50 d early
2023
48 d late
2022
30 d late
2021
31 d late
2020
109 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€11k
EBIT margin
30.3%
Net result
€710▲ 62.6%
2024 · €437
2020: €2k
2021: €2k▼ -38.3% vs 2020
2022: €10k▲ +542% vs 2021highest in 6 years
2023: €211▼ -97.9% vs 2022lowest in 6 years
2024: €437▲ +107% vs 2023
2025: €710▲ +62.6% vs 2024
2020 → 2025
Working capital
€23k▲ 64.9%
2024 · €14k
2020: €9k
2021: €-8k▼ -193% vs 2020lowest in 6 years
2022: €2k▲ +119% vs 2021
2023: €11k▲ +619% vs 2022
2024: €14k▲ +25.9% vs 2023
2025: €23k▲ +64.9% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€16k▲ 164%€16k▲ 1.3%€17k▲ 2.7%€17k▲ 4.3%
2021: €6klowest in 5 years
2022: €16k▲ +164% vs 2021
2023: €16k▲ +1.3% vs 2022
2024: €17k▲ +2.7% vs 2023
2025: €17k▲ +4.3% vs 2024highest in 5 years
Operating result€2k-€12k▲ 692%€438▼ 96.4%€3k▲ 483%€3k▲ 17.9%
2021: €2k
2022: €12k▲ +692% vs 2021highest in 5 years
2023: €438▼ -96.4% vs 2022lowest in 5 years
2024: €3k▲ +483% vs 2023
2025: €3k▲ +17.9% vs 2024
Net result€2k-€10k▲ 542%€211▼ 97.9%€437▲ 107%€710▲ 62.6%
2021: €2k
2022: €10k▲ +542% vs 2021highest in 5 years
2023: €211▼ -97.9% vs 2022lowest in 5 years
2024: €437▲ +107% vs 2023
2025: €710▲ +62.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€12k ▲ 6.3%
Current assets
€53k ▲ 45.2%
Equity and liabilities €65k
Equity
€17k ▲ 4.3%
Debt
€48k ▲ 52.2%
Debt's share of the balance-sheet total rises from 65.4% to 73.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2024 · €9k
Cash flow
€6k▼
2024 · €7k
Current ratio
1.80▲
2024 · 1.64
Quick ratio
1.27▼
2024 · 1.59
Debt to equity
2.76▲
2024 · 1.89
ROE
4.1%▲
2024 · 2.6%
ROA
1.1%▲
2024 · 0.9%
Interest coverage
3.71▼
2024 · 4.46
Debt ≤ 1 year
€29k▲
2024 · €22k
Debt > 1 year
€16k
Income taxes
€183▲
2024 · €6
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48k€65k▲
Formation expenses20€126-
Fixed assets21/28€11k€12k▲
Tangible fixed assets22/27€11k€10k▼
Plant, machinery and equipment23€11k€10k▼
Furniture and vehicles24€305-
Financial fixed assets28-€2k
Current assets29/58€36k€53k▲
Stocks and contracts in progress3€1k€16k▲
Stocks30/36-€7k
Contracts in progress37€1k€9k▲
Amounts receivable within one year40/41€15k€22k▲
Trade receivables40€8k€13k▲
Other amounts receivable41€7k€8k▲
Cash at bank and in hand54/58€17k€11k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€48k€65k▲
Equity10/15€17k€17k▲
Contributions10/11€2k€2k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€12k€13k▲
Amounts payable17/49€31k€48k▲
Amounts payable after more than one year17-€16k
Financial debts170/4-€16k
Amounts payable within one year42/48€22k€29k▲
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45-€169
Taxes450/3-€169
Other amounts payable47/48€20k€23k▲
Accrued charges and deferred income492/3€9k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€867€823▼
Gross operating margin9900€10k€9k▼
Operating profit (loss)9901€3k€3k▲
Financial income75/76B€1€8▲
Recurring financial income75€1€8▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€443€893▲
Income taxes67/77€6€183▲
Profit (loss) for the period9904€437€710▲
Profit (loss) for the period to be appropriated9905€437€710▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€13k▲
Profit (loss) brought forward from the previous period14P€12k€12k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €6k | €7k | €5k | ▼ 29.0% |
| Other operating charges640/8 | €966 | €619 | €690 | €867 | €823 | ▼ 5.1% |
| Gross operating margin9900 | €7k | €19k | €7k | €10k | €9k | ▼ 15.3% |
| Operating profit (loss)9901 | €2k | €12k | €438 | €3k | €3k | ▲ 17.9% |
| Financial income75/76B | €61 | €117 | €1 | €1 | €8 | ▲ 923% |
| Recurring financial income75 | €61 | €117 | €1 | €1 | €8 | ▲ 923% |
| Financial charges65/66B | €47 | €72 | €138 | €2k | €2k | ▲ 0.7% |
| Recurring financial charges65 | €47 | €72 | €138 | €2k | €2k | ▲ 0.7% |
| Profit (loss) for the period before taxes9903 | €2k | €12k | €301 | €443 | €893 | ▲ 102% |
| Income taxes67/77 | €16 | €2k | €90 | €6 | €183 | ▲ 2,744% |
| Profit (loss) for the period9904 | €2k | €10k | €211 | €437 | €710 | ▲ 62.6% |
| Profit (loss) for the period to be appropriated9905 | €2k | €10k | €211 | €437 | €710 | ▲ 62.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30k | €37k | €39k | €48k | €65k | ▲ 35.6% |
| Formation expenses20 | €884 | €631 | €379 | €126 | - | - |
| Fixed assets21/28 | €17k | €16k | €11k | €11k | €12k | ▲ 6.3% |
| Tangible fixed assets22/27 | €17k | €16k | €11k | €11k | €10k | ▼ 13.7% |
| Plant, machinery and equipment23 | €16k | €15k | €10k | €11k | €10k | ▼ 11.3% |
| Furniture and vehicles24 | €2k | €1k | €765 | €305 | - | - |
| Financial fixed assets28 | - | - | - | - | €2k | - |
| Current assets29/58 | €12k | €20k | €28k | €36k | €53k | ▲ 45.2% |
| Stocks and contracts in progress3 | - | - | - | €1k | €16k | ▲ 1,316% |
| Stocks30/36 | - | - | - | - | €7k | - |
| Contracts in progress37 | - | - | - | €1k | €9k | ▲ 679% |
| Amounts receivable within one year40/41 | €5k | €10k | €6k | €15k | €22k | ▲ 47.9% |
| Trade receivables40 | €2k | €7k | €476 | €8k | €13k | ▲ 72.1% |
| Other amounts receivable41 | €3k | €2k | €6k | €7k | €8k | ▲ 20.6% |
| Cash at bank and in hand54/58 | €6k | €10k | €21k | €17k | €11k | ▼ 36.4% |
| Deferred charges and accrued income490/1 | €1k | €793 | €350 | €4k | €5k | ▲ 25.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30k | €37k | €39k | €48k | €65k | ▲ 35.6% |
| Equity10/15 | €6k | €16k | €16k | €17k | €17k | ▲ 4.3% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2k | €11k | €12k | €12k | €13k | ▲ 5.9% |
| Amounts payable17/49 | €24k | €21k | €23k | €31k | €48k | ▲ 52.2% |
| Amounts payable after more than one year17 | - | - | - | - | €16k | - |
| Financial debts170/4 | - | - | - | - | €16k | - |
| Amounts payable within one year42/48 | €20k | €19k | €17k | €22k | €29k | ▲ 32.6% |
| Trade debts44 | €19k | €17k | €16k | €3k | €7k | ▲ 157% |
| Suppliers440/4 | €19k | €17k | €16k | €3k | €7k | ▲ 157% |
| Taxes, remuneration and social security45 | €913 | €1k | - | - | €169 | - |
| Taxes450/3 | €913 | €1k | - | - | €169 | - |
| Other amounts payable47/48 | - | - | €890 | €20k | €23k | ▲ 15.3% |
| Accrued charges and deferred income492/3 | €4k | €2k | €6k | €9k | €2k | ▼ 76.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €10k | €211 | €437 | €710 | ▲ 62.6% |
| + Depreciation and write-downs630 | €5k | €6k | €6k | €7k | €5k | ▼ 29.0% |
| Operating cash flow (approximation) | €6k | €16k | €6k | €7k | €6k | ▼ 23.5% |
| Investment in fixed assets (approximation) | - | €-5k | €-968 | €-7k | €-6k | ▲ 25.4% |
| Change in cash | - | €4k | €12k | €-5k | €-6k | ▼ 34.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Weakest financial yearnet €211 ▼97.9%
Net result drops to €211, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2020net €10k ▲542%
Operating result €12k, net result €10k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Nazareth-De Pinte · 1 establishment unit since 2020
Ground area
526 m²
Building footprint
104 m²
Volume, LiDAR
604 m³
Parcel 44048B0273/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D&D welding B. V.
since 20202.304.755.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048B0273/00N000 | Flanders | 526 m² | 1 · 104 m² | 8.8 m · 2 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.
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,655. 678 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
Contact
E-mail
kennethvc85@hotmail.com
Scores and ratios are computed by Checked and are not a credit decision.