D.E. CONSTRUCTIONS
ActiveSummary
D.E. CONSTRUCTIONS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €906,326 and a net result of €197,873. Equity has been growing by about 24% per year since 2019. Its solvency ranks better than 72% of 5,801 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-08-2004 Normal situation
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.149.492.581 6120 Ham-sur-Heure-Nalinnes, since 19-08-2004
- Financial year end
- 31 March
- Peppol
- Reachable since 30-04-2025
Board and ownership
- WILMET Alain Alex EmileDirector · until 2024
- WILMET David Josèphe EmileDirector · until 2024
- WILMET Emmanuelle Marie YolandeDirector · until 2024
- WILMET Alain Alex Emile246 sharesact of 10-01-2024
- WILMET Emmanuelle Marie Yolande1 shareact of 10-01-2024
- WILMET David Josèphe Emile1 shareact of 10-01-2024
- Holdings
- Shares in 4 companies including CARRO-HOME and PROMO DE LOVERVAL
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €250,441
- ▼ 4.9%
- Turnover
- ≈ €440,000
- estimated
- Profit
- €197,873
- ▲ 84.4%
- Equity
- €906,326
- ▲ 28.0%
- Total assets
- €1.4m
- ▲ 20.1%
- Staff
- ≈ 0.7 FTE
- estimated
- 2026 accounts not filed, 5 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 3 of the last 3 accounts lateFigures for financial year 2025 (filed on 01-01-2026)lowers riskEquity €906,326 (66.2% of total assets)Size: total assets €1.4mShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro). It does better than 75% of them on solvency, 67% on liquidity, 84% on profitability and 79% on growth.
The bankruptcy probability was computed on 04-11-2026 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
The company filed its last 6 accounts on average 42 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, full format
2025 annual accounts filed 60 days after the deadline Filed on 30 December 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2026-00593304.
Annual accounts 2025 filed on 30-12-2025 PDF all 19 filings
Every figure per financial year
The operating result for 2025 is 38% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €75,981 | €24,680 |
| Financial fixed assets | €5,000 | €36,557 | €5,000 | €5,000 |
| Depreciation and write-downs of the year | €14,586 | €3,852 | €15,273 | €20,657 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €740 | - | €14,876 | €65,972 | ▲ 343% |
| Remuneration, social security and pensions62 | - | - | - | - | €3,159 | €17,584 | €22,426 | ▲ 27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,081 | €13,890 | €14,557 | €14,586 | €3,852 | €15,273 | €20,657 | ▲ 35.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €81,407 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,357 | €2,899 | €19,706 | €9,424 | ▼ 52.2% |
| Non-recurring operating charges66A | - | - | - | - | €1,136 | €67,880 | €932 | ▼ 98.6% |
| Gross operating margin9900 | €77,971 | €128,181 | €175,830 | €245,447 | €71,104 | €263,311 | €250,441 | ▼ 4.9% |
| Operating profit (loss)9901 | €53,831 | €112,765 | €138,674 | €148,097 | €60,058 | €142,868 | €197,003 | ▲ 37.9% |
| Financial income75/76B | - | - | - | €162,600 | - | €52 | €97,209 | ▲ 1,858× |
| Recurring financial income75 | €231 | €138,692 | €7 | €162,600 | - | €52 | €97,209 | ▲ 1,858× |
| Financial charges65/66B | - | - | - | €4,180 | €8,356 | €8,181 | €5,937 | ▼ 27.4% |
| Recurring financial charges65 | €404 | €1,550 | €4,283 | €4,180 | €8,356 | €8,181 | €5,937 | ▼ 27.4% |
| Profit (loss) for the period before taxes9903 | €53,657 | €249,907 | €130,734 | €306,517 | €51,702 | €134,739 | €288,275 | ▲ 114% |
| Income taxes67/77 | €1,443 | €31,594 | €44,860 | €63,503 | €20,135 | €27,422 | €90,401 | ▲ 230% |
| Profit (loss) for the period9904 | €52,215 | €218,313 | €85,874 | €243,015 | €31,567 | €107,317 | €197,873 | ▲ 84.4% |
| Profit (loss) for the period to be appropriated9905 | €52,215 | €218,313 | €85,874 | €243,015 | €31,567 | €107,317 | €197,873 | ▲ 84.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.3m | €0.7m | €0.8m | €1.2m | €1.2m | €1.1m | €1.4m | ▲ 20.1% |
| Fixed assets21/28 | €0.07m | €0.09m | €0.08m | €0.07m | €0.1m | €0.2m | €0.2m | ▲ 4.6% |
| Tangible fixed assets22/27 | €0.04m | €0.03m | €0.02m | €0.006m | €0.002m | €0.06m | €0.07m | ▲ 4.4% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €0.006m | €0.002m | €0.06m | €0.07m | ▲ 4.4% |
| Financial fixed assets28 | €0.02m | €0.06m | €0.06m | €0.07m | €0.1m | €0.1m | €0.1m | ▲ 4.7% |
| Current assets29/58 | €0.2m | €0.6m | €0.7m | €1.2m | €1.1m | €1.0m | €1.2m | ▲ 22.8% |
| Amounts receivable after more than one year29 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Other amounts receivable291 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Stocks and contracts in progress3 | €0.08m | €0.5m | €0.3m | €0.5m | €0.6m | €0.4m | €0.4m | ▲ 12.0% |
| Stocks30/36 | - | - | - | €0.5m | €0.6m | €0.4m | €0.4m | ▲ 12.0% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.09m | €0.09m | €0.2m | €0.09m | €0.2m | ▲ 152% |
| Trade receivables40 | - | - | - | - | €0.003m | €0.005m | €0.02m | ▲ 373% |
| Other amounts receivable41 | - | - | - | €0.09m | €0.2m | €0.08m | €0.2m | ▲ 138% |
| Current investments50/53 | - | - | - | - | - | €0.1m | €0.1m | = |
| Cash at bank and in hand54/58 | €0.008m | €0.02m | €0.03m | €0.2m | €0.04m | €0.1m | €0.2m | ▲ 36.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.005m | €426 | €0.001m | ▲ 134% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.3m | €0.7m | €0.8m | €1.2m | €1.2m | €1.1m | €1.4m | ▲ 20.1% |
| Equity10/15 | €0.02m | €0.2m | €0.3m | €0.6m | €0.6m | €0.7m | €0.9m | ▲ 28.0% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.2m | €0.3m | €0.5m | €0.5m | €0.6m | €0.8m | ▲ 30.6% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.6m | €0.8m | ▲ 30.9% |
| Profit (loss) carried forward14 | -€0.05m | - | - | - | - | - | €326 | - |
| Amounts payable17/49 | €0.2m | €0.5m | €0.5m | €0.7m | €0.6m | €0.4m | €0.5m | ▲ 7.2% |
| Amounts payable after more than one year17 | €0.03m | €0.05m | €0.04m | €0.03m | €0.07m | €0.1m | €0.1m | ▲ 7.1% |
| Financial debts170/4 | - | - | - | €0.03m | €0.07m | €0.1m | €0.1m | ▲ 7.1% |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €0.4m | €0.6m | €0.5m | €0.3m | €0.3m | ▲ 7.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.008m | €0.001m | €0.01m | €0.01m | ▼ 4.6% |
| Financial debts43 | - | - | - | €0.4m | €0.2m | - | €0.1m | - |
| Credit institutions430/8 | - | - | - | €0.4m | €0.2m | - | €0.1m | - |
| Trade debts44 | €0.01m | €0.01m | €0.009m | €0.003m | €0.002m | €0.002m | €0.002m | ▼ 25.0% |
| Suppliers440/4 | - | - | - | €0.003m | €0.002m | €0.002m | €0.002m | ▼ 25.0% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.01m | €0.03m | ▲ 211% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.05m | €0.01m | €0.03m | ▲ 202% |
| Taxes450/3 | - | - | - | €0.02m | €0.05m | €0.009m | €0.03m | ▲ 204% |
| Remuneration and social security454/9 | - | - | - | - | €0.002m | €0.002m | €0.005m | ▲ 190% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.3m | €0.3m | €0.1m | ▼ 50.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,215 | €218,313 | €85,874 | €243,015 | €31,567 | €107,317 | €197,873 | ▲ 84.4% |
| + Depreciation and write-downs630 | €21,081 | €13,890 | €14,557 | €14,586 | €3,852 | €15,273 | €20,657 | ▲ 35.3% |
| Operating cash flow (approximation) | €73,295 | €232,203 | €100,431 | €257,600 | €35,420 | €122,590 | €218,530 | ▲ 78.3% |
| Investment in fixed assets (approximation) | - | -€38,456 | -€4,597 | -€4,990 | -€36,557 | -€80,981 | -€28,440 | ▲ 64.9% |
| Change in cash | - | €15,661 | €4,304 | €189,232 | -€173,991 | €78,144 | €44,918 | ▼ 42.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as D.E. CONSTRUCTIONS has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of D.E. CONSTRUCTIONS itself: 0.2% 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 20,136 companies, not a prediction for D.E. CONSTRUCTIONS. 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 19 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | full format | 30-12-2025 | 2026-00593304 | |
| 31-03-2024 | full format | 31-12-2024 | 2025-00630662 | |
| 31-03-2023 | micro format | 30-12-2023 | 2023-00540177 | |
| 31-03-2022 | micro format | 09-11-2022 | 2022-20518637 | |
| 31-03-2021 | micro format | 29-11-2021 | 2021-78500411 | |
| 31-03-2020 | micro format | 30-11-2020 | 2020-74100383 | |
| 31-03-2019 | micro format | 31-10-2019 | 2019-73100201 | |
| 31-03-2018 | micro format | 31-10-2018 | 2018-71300458 | |
| 31-03-2017 | micro format | 08-11-2017 | 2017-69400269 | |
| 31-03-2016 | full format | 18-11-2016 | 2016-68100446 |
Board & ownership
Directors
Owners and capital
Shareholders
- WILMET Alain Alex Emile 246 shares
- WILMET Emmanuelle Marie Yolande 1 share
- WILMET David Josèphe Emile 1 share
Capital transactions
- 10-01-2024 Capital stated in the deed · 248 shares
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| WILMET Alain Alex Emile |
|
| WILMET David Josèphe Emile |
|
| WILMET Emmanuelle Marie Yolande |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- 1 director
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Toutes les opérations prévues par la loi sauf si l'assemblée générale en décide autrement à la majorité des voix, à défaut de nomination, la…”
Articles of association, deed of 10-01-2024 (in French)
Network & group
Holdings and subsidiaries
4 holdingsHoldings 4
Source for every holding own accounts 31-03-2025
- CARRO-HOMEsubsidiaryEquity -€36,292 Loss of €40,248 in 2025 (loss of €2,445 in 2024) Checked score 48100%
- Equity -€486,005 Loss of €271,231 in 2025 (loss of €229,773 in 2024) Checked score 5233%
- Equity -€500,635 Loss of €232,568 in 2025 (loss of €163,352 in 2024) Checked score 5033%
- Equity €1,871 Loss of €1,535 in 2025 (loss of €2,422 in 2024) Checked score 5625%
Board mandates elsewhere
2 board mandatesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
10-01
Gazette deed
2 directors resigning, 1 director reappointedResignations: WILMET David Josèphe Emile (director) and WILMET Emmanuelle Marie Yolande (director) · Reappointment: WILMET Alain Alex Emile (director) · WILMET Alain Alex Emile holds 246 shares12 points ▸
- General meeting, 27-12-2023
- Director in office, WILMET Alain Alex Emile (managing director)
- Director in office, WILMET Emmanuelle Marie Yolande (director)
- Director in office, WILMET David Josèphe Emile (director)
- WILMET Alain Alex Emile holds 246 shares
- WILMET Emmanuelle Marie Yolande holds 1 share
- WILMET David Josèphe Emile holds 1 share
- 248 shares
- Legal-form conversion, to public limited company
- Director resignation, WILMET David Josèphe Emile (director)
- Director resignation, WILMET Emmanuelle Marie Yolande (director)
- Director reappointment, WILMET Alain Alex Emile (director)
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
6 activities
- L’achat, la vente, la location et la mise en valeur de tous terrains non bâtis, immeubles bâtis et tout matériel en Belgique et à l’étranger
- La construction, la réparation et l’entretien pour son compte, pour compte de tiers ou en participation, de tous immeubles à usage privé, commercial ou industriel, en Belgique ou à l’étranger
- Constituer des garanties personnelles ou réelles au profit de tiers, personnes physiques ou morales
- Entreposer et manutentionner toutes marchandises, matériels et objets quelconques pour compte d’un tiers
- Participer à toutes entreprises et opérations se rapportant directement ou indirectement à l’une ou l’autre branche de son objet social ou de nature à favoriser la réalisation et le développement de ses affaires
- S’intéresser par voie d’apport, de souscription, de cession, de participation, de fusion, d’intervention financière ou autrement dans toutes sociétés, associations et entreprises, tant en Belgique qu’à l’étranger
Invoicing and payment
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. Use the enterprise number 0866.845.844
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 56058A0695/00K000 | Wallonia | 1,150 m² | 1 · 153 m² | 8.6 m · 2 |