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 €17,230 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 1920 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.
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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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€11,114
EBIT margin
30.3%
Net result
€710▲ 62.6%
2024 · €437
Working capital
€23,415▲ 64.9%
2024 · €14,199
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€1,536▼ 54.4%€12,158▲ 692%€438▼ 96.4%€2,553▲ 483%€3,011▲ 17.9%
Net result€1,534within the sector's middle half▼ 38.3%€9,853within the sector's middle half▲ 542%€211below the sector's middle half▼ 97.9%€437within the sector's middle half▲ 107%€710within the sector's middle half▲ 62.6%
EBIT margin
Equity€6,019below the sector's middle half▲ 34.2%€15,872below the sector's middle half▲ 164%€16,083below the sector's middle half▲ 1.3%€16,519below the sector's middle half▲ 2.7%€17,230below the sector's middle half▲ 4.3%
Total assets€29,984below the sector's middle half▲ 4.7%€36,725below the sector's middle half▲ 22.5%€38,955below the sector's middle half▲ 6.1%€47,723below the sector's middle half▲ 22.5%€64,730below the sector's middle half▲ 35.6%
Debt€23,965▼ 0.8%€20,853▼ 13.0%€22,872▲ 9.7%€31,204▲ 36.4%€47,500▲ 52.2%
Working capital-€8,354below the sector's middle half€1,568within the sector's middle half€11,280within the sector's middle half▲ 619%€14,199within the sector's middle half▲ 25.9%€23,415within the sector's middle half▲ 64.9%
Solvency20.1%within the sector's middle half▲ 4.4pp43.2%within the sector's middle half▲ 23.1pp41.3%within the sector's middle half▼ 1.9pp34.6%within the sector's middle half▼ 6.7pp26.6%within the sector's middle half▼ 8.0pp
Current ratio0.59below the sector's middle half▼ 3.001.08within the sector's middle half▲ 0.501.68within the sector's middle half▲ 0.591.64within the sector's middle half▼ 0.041.80within the sector's middle half▲ 0.16
Return on assets (ROA)5.1%within the sector's middle half▼ 3.6pp26.8%above the sector's middle half▲ 21.7pp0.5%within the sector's middle half▼ 26.3pp0.9%within the sector's middle half▲ 0.4pp1.1%within the sector's middle half▲ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
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 €64,730
Fixed assets
€11,984 ▲ 6.3%
Current assets
€52,746 ▲ 45.2%
Equity and liabilities €64,730
Equity
€17,230 ▲ 4.3%
Debt
€47,500 ▲ 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
€7,891▼
2024 · €9,422
Cash flow
€5,590▼
2024 · €7,306
Quick ratio
1.27▼
2024 · 1.59
Debt to equity
2.76▲
2024 · 1.89
ROE
4.1%▲
2024 · 2.6%
Interest coverage
3.71▼
2024 · 4.46
Debt ≤ 1 year
€29,331▲
2024 · €22,122
Debt > 1 year
€16,000
Income taxes
€183▲
2024 · €6
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,340 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% | 1.0% |
| 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% 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 3,275 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,701 | €5,915 | €6,209 | €6,870 | €4,880 | ▼ 29.0% |
| Other operating charges640/8 | €966 | €619 | €690 | €867 | €823 | ▼ 5.1% |
| Gross operating margin9900 | €7,203 | €18,693 | €7,337 | €10,290 | €8,714 | ▼ 15.3% |
| Operating profit (loss)9901 | €1,536 | €12,158 | €438 | €2,553 | €3,011 | ▲ 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 | €2,110 | €2,125 | ▲ 0.7% |
| Recurring financial charges65 | €47 | €72 | €138 | €2,110 | €2,125 | ▲ 0.7% |
| Profit (loss) for the period before taxes9903 | €1,550 | €12,204 | €301 | €443 | €893 | ▲ 102% |
| Income taxes67/77 | €16 | €2,350 | €90 | €6 | €183 | ▲ 2,744% |
| Profit (loss) for the period9904 | €1,534 | €9,853 | €211 | €437 | €710 | ▲ 62.6% |
| Profit (loss) for the period to be appropriated9905 | €1,534 | €9,853 | €211 | €437 | €710 | ▲ 62.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29,984 | €36,725 | €38,955 | €47,723 | €64,730 | ▲ 35.6% |
| Formation expenses20 | €884 | €631 | €379 | €126 | - | - |
| Fixed assets21/28 | €17,297 | €15,891 | €10,650 | €11,276 | €11,984 | ▲ 6.3% |
| Tangible fixed assets22/27 | €17,297 | €15,891 | €10,650 | €11,276 | €9,734 | ▼ 13.7% |
| Plant, machinery and equipment23 | €15,612 | €14,666 | €9,885 | €10,971 | €9,734 | ▼ 11.3% |
| Furniture and vehicles24 | €1,685 | €1,225 | €765 | €305 | - | - |
| Financial fixed assets28 | - | - | - | - | €2,250 | - |
| Current assets29/58 | €11,804 | €20,204 | €27,926 | €36,321 | €52,746 | ▲ 45.2% |
| Stocks and contracts in progress3 | - | - | - | €1,104 | €15,629 | ▲ 1,316% |
| Stocks30/36 | - | - | - | - | €7,025 | - |
| Contracts in progress37 | - | - | - | €1,104 | €8,604 | ▲ 679% |
| Amounts receivable within one year40/41 | €4,877 | €9,752 | €6,288 | €14,697 | €21,735 | ▲ 47.9% |
| Trade receivables40 | €2,264 | €7,266 | €476 | €7,792 | €13,408 | ▲ 72.1% |
| Other amounts receivable41 | €2,613 | €2,486 | €5,812 | €6,905 | €8,327 | ▲ 20.6% |
| Cash at bank and in hand54/58 | €5,686 | €9,659 | €21,288 | €16,748 | €10,656 | ▼ 36.4% |
| Deferred charges and accrued income490/1 | €1,241 | €793 | €350 | €3,772 | €4,726 | ▲ 25.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29,984 | €36,725 | €38,955 | €47,723 | €64,730 | ▲ 35.6% |
| Equity10/15 | €6,019 | €15,872 | €16,083 | €16,519 | €17,230 | ▲ 4.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €2,485 | €2,485 | €2,485 | €2,485 | €2,485 | = |
| Distributable reserves133 | €2,485 | €2,485 | €2,485 | €2,485 | €2,485 | = |
| Profit (loss) carried forward14 | €1,534 | €11,387 | €11,598 | €12,034 | €12,745 | ▲ 5.9% |
| Amounts payable17/49 | €23,965 | €20,853 | €22,872 | €31,204 | €47,500 | ▲ 52.2% |
| Amounts payable after more than one year17 | - | - | - | - | €16,000 | - |
| Financial debts170/4 | - | - | - | - | €16,000 | - |
| Amounts payable within one year42/48 | €20,158 | €18,635 | €16,646 | €22,122 | €29,331 | ▲ 32.6% |
| Trade debts44 | €19,245 | €17,285 | €15,756 | €2,591 | €6,653 | ▲ 157% |
| Suppliers440/4 | €19,245 | €17,285 | €15,756 | €2,591 | €6,653 | ▲ 157% |
| Taxes, remuneration and social security45 | €913 | €1,350 | - | - | €169 | - |
| Taxes450/3 | €913 | €1,350 | - | - | €169 | - |
| Other amounts payable47/48 | - | - | €890 | €19,531 | €22,510 | ▲ 15.3% |
| Accrued charges and deferred income492/3 | €3,807 | €2,218 | €6,226 | €9,081 | €2,169 | ▼ 76.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,534 | €9,853 | €211 | €437 | €710 | ▲ 62.6% |
| + Depreciation and write-downs630 | €4,701 | €5,915 | €6,209 | €6,870 | €4,880 | ▼ 29.0% |
| Operating cash flow (approximation) | €6,235 | €15,768 | €6,420 | €7,306 | €5,590 | ▼ 23.5% |
| Investment in fixed assets (approximation) | - | -€4,509 | -€968 | -€7,496 | -€5,588 | ▲ 25.4% |
| Change in cash | - | €3,972 | €11,630 | -€4,540 | -€6,092 | ▼ 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 €9,853 ▲542%
Operating result €12,158, net result €9,853, 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
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 3,460 companies in this sector we hold annual accounts for 1,656. 678 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded11-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
Contact
E-mail
kennethvc85@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0748475259
Also
9925:BE0748475259
Registered
16-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.