Summary
D&DK is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €38,534 and a net result of €6,489. Equity has been growing by about 17% per year since 2023. Its solvency ranks better than 44% of 9,761 sector peers (NACE 64, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-09-2022 Normal situation
- Activity
- Activities of holding companies NACE 64210and 3 others
- Establishment unit
- 2.335.741.687 8790 Waregem, since 01-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- DOUTERLOIGNE David GeorgesDirector
Shareholders
- DOUTERLOIGNE David Georges100 sharesdeed of 26-09-2022
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €6,489
- ▲ 34.0%
- Equity
- €38,534
- ▲ 17.2%
- Total assets
- €87,615
- ▼ 7.7%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
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 22-04-2026, 100 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
100 days early
2024
98 days early
2023
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 68 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% 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 24 April (3 of the last 3 accounts filed within 94 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-04-2026 PDF all 3 filings
Equity
€38,534▲ 17.2%
2024 · €32,878
Net result
€6,489▲ 34.0%
2024 · €4,843
Total assets
€87,615▼ 7.7%
2024 · €94,963
Solvency
44.0%▲ 9.4pp
2024 · 34.6%
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
€13,718
▲ 20.4%
2025
20232025
Net result
€6,489
▲ 34.0%
2025
middle half of the sector
20232025
Equity
€38,534
▲ 17.2%
2025
middle half of the sector
20232025
Total assets
€87,615
▼ 7.7%
2025
lowest quarter of the sector
20232025
Debt
€49,081
▼ 20.9%
2025
20232025
Working capital
€60,429
▼ 15.6%
2025
middle half of the sector
20232025
Solvency
44.0%
▲ 9.4pp
2025
middle half of the sector
20232025
Current ratio
3.22
▼ 0.84
2025
middle half of the sector
20232025
Return on assets (ROA)
7.4%
▲ 2.3pp
2025
middle half of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result€32,022-€11,396▼ 64.4%€13,718▲ 20.4%
Net result€23,035within the sector's middle half-€4,843within the sector's middle half▼ 79.0%€6,489within the sector's middle half▲ 34.0%
Equity€28,035below the sector's middle half-€32,878below the sector's middle half▲ 17.3%€38,534within the sector's middle half▲ 17.2%
Total assets€107,377below the sector's middle half-€94,963below the sector's middle half▼ 11.6%€87,615below the sector's middle half▼ 7.7%
Debt€79,342-€62,085▼ 21.8%€49,081▼ 20.9%
Working capital€83,169within the sector's middle half-€71,563within the sector's middle half▼ 14.0%€60,429within the sector's middle half▼ 15.6%
Solvency26.1%within the sector's middle half-34.6%within the sector's middle half▲ 8.5pp44.0%within the sector's middle half▲ 9.4pp
Current ratio4.44above the sector's middle half-4.06within the sector's middle half▼ 0.383.22within the sector's middle half▼ 0.84
Return on assets (ROA)21.5%within the sector's middle half-5.1%within the sector's middle half▼ 16.4pp7.4%within the sector's middle half▲ 2.3pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). 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 20% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €87,615
Equity
€38,534 ▲ 17.2%
Debt
€49,081 ▼ 20.9%
Debt's share of the balance-sheet total falls from 65.4% to 56.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
16.8%▲
2024 · 14.7%
Debt ≤ 1 year
€27,186▲
2024 · €23,400
Debt > 1 year
€21,767▼
2024 · €37,323
Income taxes
€4,002▲
2024 · €2,733
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €149 | €274 | €528 | ▲ 92.9% |
| Gross operating margin9900 | €32,171 | €11,670 | €14,246 | ▲ 22.1% |
| Operating profit (loss)9901 | €32,022 | €11,396 | €13,718 | ▲ 20.4% |
| Financial income75/76B | €0 | €0 | €17 | - |
| Recurring financial income75 | €0 | €0 | €17 | - |
| Financial charges65/66B | €2,069 | €3,820 | €3,244 | ▼ 15.1% |
| Recurring financial charges65 | €2,069 | €3,820 | €3,244 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €29,953 | €7,577 | €10,491 | ▲ 38.5% |
| Income taxes67/77 | €6,918 | €2,733 | €4,002 | ▲ 46.4% |
| Profit (loss) for the period9904 | €23,035 | €4,843 | €6,489 | ▲ 34.0% |
| Profit (loss) for the period to be appropriated9905 | €23,035 | €4,843 | €6,489 | ▲ 34.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €107,377 | €94,963 | €87,615 | ▼ 7.7% |
| Current assets29/58 | €107,377 | €94,963 | €87,615 | ▼ 7.7% |
| Amounts receivable after more than one year29 | - | €50,000 | €70,017 | ▲ 40.0% |
| Other amounts receivable291 | - | €50,000 | €70,017 | ▲ 40.0% |
| Amounts receivable within one year40/41 | €62,100 | €12,100 | €74 | ▼ 99.4% |
| Trade receivables40 | €12,100 | €12,100 | €0 | ▼ 100% |
| Other amounts receivable41 | €50,000 | €0 | €74 | - |
| Cash at bank and in hand54/58 | €44,808 | €32,221 | €16,670 | ▼ 48.3% |
| Deferred charges and accrued income490/1 | €469 | €641 | €854 | ▲ 33.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €107,377 | €94,963 | €87,615 | ▼ 7.7% |
| Equity10/15 | €28,035 | €32,878 | €38,534 | ▲ 17.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €23,035 | €25,000 | €30,000 | ▲ 20.0% |
| Distributable reserves133 | €23,035 | €25,000 | €30,000 | ▲ 20.0% |
| Profit (loss) carried forward14 | - | €2,878 | €3,534 | ▲ 22.8% |
| Amounts payable17/49 | €79,342 | €62,085 | €49,081 | ▼ 20.9% |
| Amounts payable after more than one year17 | €55,134 | €37,323 | €21,767 | ▼ 41.7% |
| Financial debts170/4 | €40,175 | €29,860 | €19,805 | ▼ 33.7% |
| Other amounts payable178/9 | €14,959 | €7,463 | €1,963 | ▼ 73.7% |
| Amounts payable within one year42/48 | €24,208 | €23,400 | €27,186 | ▲ 16.2% |
| Current portion of amounts payable after more than one year42 | €9,087 | €11,089 | €11,643 | ▲ 5.0% |
| Trade debts44 | €1,980 | €3,546 | €1,356 | ▼ 61.7% |
| Suppliers440/4 | €1,980 | €3,546 | €1,356 | ▼ 61.7% |
| Taxes, remuneration and social security45 | €13,140 | €8,765 | €13,354 | ▲ 52.4% |
| Taxes450/3 | €13,140 | €8,765 | €13,354 | ▲ 52.4% |
| Other amounts payable47/48 | - | - | €833 | - |
| Accrued charges and deferred income492/3 | - | €1,362 | €128 | ▼ 90.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,035 | €4,843 | €6,489 | ▲ 34.0% |
| Operating cash flow (approximation) | €23,035 | €4,843 | €6,489 | ▲ 34.0% |
| Change in cash | - | -€12,587 | -€15,551 | ▼ 23.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director, since incorporation
DOUTERLOIGNE David Georges
Current
Director (not named in the articles) · appointed by deed of 26-09-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 22-04-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 26-09-2022Owners and capital
Shareholders
At incorporation
deed of 26-09-2022 ↗
- DOUTERLOIGNE David Georges 100 shares (100%) · €5,000
Capital transactions
Capital over time
- 26-09-2022 Incorporation · €5,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen”
Articles of association, deed of 26-09-2022 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateBoard mandates of D&DKD&DK sits on their board1
Companies at the same address
2 other companiesConnections & network
0 connected companies, 1 earlier tieThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Earlier ties
DSC
via DOUTERLOIGNE David Georges (no longer at DSC) · Director (not named in the articles)
Founded in 2022 · total assets €2.9m (2025)
→
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
22-04
micro format · 100 days before the deadline
2025
24-04
micro format · 98 days before the deadline
2024
31-12
Financial
Weakest financial yearnet €4,843 ▼79%
The net result drops to €4,843, the lowest from 2023 to 2025. It recovers the following year.
26-07
micro format · 5 days before the deadline
2022
26-09
Gazette deed
IncorporationFounding capital of €5,000, 100 shares · Founder: DOUTERLOIGNE David Georges · Appointment: DOUTERLOIGNE David Georges (director)3 points ▸
Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: DOUTERLOIGNE David Georges · Appointment: DOUTERLOIGNE David Georges (director)3 points ▸
- Founder, DOUTERLOIGNE David Georges
- Founding capital, €5,000, 100 shares
- Director appointment, DOUTERLOIGNE David Georges (director (not named in the articles))
- The deed holds 3 more points.
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&DK in Dutch
Enterprise number
0791.278.686
Legal form
Private limited company
Status
Active, normal situation
Founded
22-09-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-09-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 26-09-2022 (in Dutch)Registered office and establishments
Registered office
Industrielaan 68, 8790 Waregem, Belgium
Establishment unit
D&DK, Industrielaan 68, 8790 Waregem since 01-10-2022 · unit number 2.335.741.687 70100 Activities of head offices
Activities
NACEBEL 202564210
Activities of holding companies main activity
70100
Activities of head offices
70200
Business and other management consultancy
82990
Other business support services
Codes under NACEBEL 2008
64200
Holdings main activity
70100
Activities of head offices
70220
Business consulting
82990
Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 26-09-2022 (in Dutch)
“Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en…”
2 activities
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen.
Invoicing and payment
VAT number
BE 0791.278.686
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.
Third Saturday of June at 10:00
deed of 26-09-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
6,479 m²
Building footprint
1,067 m²
Building volume
7,513 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34452B0938/00D000 | Flanders | 6,479 m² | 1 · 1,067 m² | 8.1 m · 2 |