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D&F Projects

Active
Private limited companyfounded 20251 yr activeVliegeneindestraat 41, 3582 Beringen, BelgiumKBO/BCE: BE 1019.693.692
Summary

The computed 12-month bankruptcy probability of D&F Projects is 1.6% (moderate). The 2025 annual accounts show equity of €3,652 and a net result of €652. Its solvency ranks better than 10% of 28281 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability60
Solvency28
Growth-
Track record67
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 10%
← weakest strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
3 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 February 2025, D&F Projects was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€3,652
Total assets
€135,890
Net result
€652
Working capital
-€16,625

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €135,890
Fixed assets €66,071
Current assets €69,819
Equity and liabilities €135,890
Equity €3,652
Debt €132,238
Debt finances 97.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€13,790
Cash flow
€10,789
Current ratio
0.81
Debt to equity
36.21
ROE
17.9%
ROA
0.5%
Interest coverage
4.88
Debt ≤ 1 year
€86,444
Debt > 1 year
€45,794
Income taxes
€351
Staff costs
€68,664

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 514 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
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€135,890
Fixed assets21/28€66,071
Tangible fixed assets22/27€65,071
Land and buildings22€2,426
Plant, machinery and equipment23€25,000
Furniture and vehicles24€37,645
Financial fixed assets28€1,000
Current assets29/58€69,819
Amounts receivable within one year40/41€34,974
Trade receivables40€29,631
Other amounts receivable41€5,343
Cash at bank and in hand54/58€34,845
Equity and liabilities
Total equity and liabilities10/49€135,890
Equity10/15€3,652
Contributions10/11€3,000
Profit (loss) carried forward14€652
Amounts payable17/49€132,238
Amounts payable after more than one year17€45,794
Financial debts170/4€45,794
Amounts payable within one year42/48€86,444
Current portion of amounts payable after more than one year42€15,143
Trade debts44€59,727
Suppliers440/4€59,727
Taxes, remuneration and social security45€3,047
Taxes450/3€3,047
Other amounts payable47/48€8,526
Income statement Code2025
Remuneration, social security and pensions62€68,664
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,137
Other operating charges640/8€400
Gross operating margin9900€82,854
Operating profit (loss)9901€3,654
Financial income75/76B€176
Recurring financial income75€176
Financial charges65/66B€2,827
Recurring financial charges65€2,827
Profit (loss) for the period before taxes9903€1,003
Income taxes67/77€351
Profit (loss) for the period9904€652
Profit (loss) for the period to be appropriated9905€652
Appropriation of the result
Profit (loss) to be appropriated9906€652

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€68,664
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,137
Other operating charges640/8€400
Gross operating margin9900€82,854
Operating profit (loss)9901€3,654
Financial income75/76B€176
Recurring financial income75€176
Financial charges65/66B€2,827
Recurring financial charges65€2,827
Profit (loss) for the period before taxes9903€1,003
Income taxes67/77€351
Profit (loss) for the period9904€652
Profit (loss) for the period to be appropriated9905€652
Line2025
Assets
Total assets20/58€135,890
Fixed assets21/28€66,071
Tangible fixed assets22/27€65,071
Land and buildings22€2,426
Plant, machinery and equipment23€25,000
Furniture and vehicles24€37,645
Financial fixed assets28€1,000
Current assets29/58€69,819
Amounts receivable within one year40/41€34,974
Trade receivables40€29,631
Other amounts receivable41€5,343
Cash at bank and in hand54/58€34,845
Equity and liabilities
Total equity and liabilities10/49€135,890
Equity10/15€3,652
Contributions10/11€3,000
Profit (loss) carried forward14€652
Amounts payable17/49€132,238
Amounts payable after more than one year17€45,794
Financial debts170/4€45,794
Amounts payable within one year42/48€86,444
Current portion of amounts payable after more than one year42€15,143
Trade debts44€59,727
Suppliers440/4€59,727
Taxes, remuneration and social security45€3,047
Taxes450/3€3,047
Other amounts payable47/48€8,526
Line2025
Profit (loss) for the period9904€652
+ Depreciation and write-downs630€10,137
Operating cash flow (approximation)€10,789

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Beringen · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
925 m²
Building footprint
182 m²
Volume, LiDAR
1,164 m³
Parcel 71029B0661/00S000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
D&F Projects
Vliegeneindestraat 41, 3582 BeringenJoinery installation
since 20252.370.845.591
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71029B0661/00S000 Flanders 925 m² 1 · 182 m² 9.0 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.

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. 2,459 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
Founded06-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019693692
Registered 06-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.