D & G CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of D & G CONSTRUCT is 2.4% (moderate). The 2024 annual accounts show equity of €362,480 and a net result of €37,040. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 39% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-06-2016 Normal situation
- Activity
- Other specialised construction activities NACE 43990and 1 other
- Establishment unit
- 2.253.479.551 1030 Schaarbeek, since 08-06-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Gross margin
- €100,246
- ▼ 27.7%
- Turnover
- ≈ €410,000
- estimated
- Profit
- €37,040
- ▼ 47.4%
- Equity
- €362,480
- ▲ 11.4%
- Total assets
- €993,768
- ▲ 56.4%
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 138 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 21-12-2025)lowers riskSize: total assets €993,768Liquidity: current ratio 1.83, cash €141,580Show the evidence
Checked score
About 2 in 100 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 43, micro). It does better than 39% of them on solvency, 36% on liquidity, 45% on profitability and 57% on growth.
The bankruptcy probability was computed on 03-11-2026 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 121 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 16-12-2025 PDF all 8 filings
Every figure per financial year
The operating result for 2024 is 47% lower than in 2023.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | - | €4,321 | €16,683 | €142,905 |
| Depreciation and write-downs of the year | €40,000 | €28,607 | €24,684 | €38,539 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €1.0m | €1.1m | €0.8m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.03m | €0.04m | €0.03m | €0.02m | €0.04m | ▲ 56.1% |
| Other operating charges640/8 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | ▼ 13.2% |
| Gross operating margin9900 | €0.1m | €0.08m | -€0.07m | €0.1m | €0.09m | €0.1m | €0.1m | ▼ 27.7% |
| Operating profit (loss)9901 | €0.07m | €0.05m | -€0.1m | €0.07m | €0.05m | €0.1m | €0.06m | ▼ 47.2% |
| Financial income75/76B | - | - | - | €0.001m | €200 | - | - | - |
| Recurring financial income75 | €18 | €27 | - | €0 | €0 | - | - | - |
| Non-recurring financial income76B | - | - | - | €0.001m | €200 | - | - | - |
| Financial charges65/66B | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 1.1% |
| Recurring financial charges65 | €0.001m | €0.001m | €0.001m | €0.002m | €0.002m | €0.002m | €0.002m | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.05m | -€0.1m | €0.07m | €0.05m | €0.1m | €0.06m | ▼ 48.0% |
| Income taxes67/77 | €0.05m | €0.04m | €0.01m | €0.01m | €0.02m | €0.04m | €0.02m | ▼ 49.0% |
| Profit (loss) for the period9904 | €0.03m | €0.02m | -€0.1m | €0.06m | €0.03m | €0.07m | €0.04m | ▼ 47.4% |
| Profit (loss) for the period to be appropriated9905 | €0.03m | €0.02m | -€0.1m | €0.06m | €0.03m | €0.07m | €0.04m | ▼ 47.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €302,271 | €291,611 | €204,152 | €387,511 | €503,431 | €635,218 | €993,768 | ▲ 56.4% |
| Fixed assets21/28 | €67,039 | €81,882 | €111,492 | €81,803 | €57,517 | €49,515 | €153,881 | ▲ 211% |
| Tangible fixed assets22/27 | €65,986 | €80,830 | €110,440 | €79,451 | €55,164 | €47,163 | €151,529 | ▲ 221% |
| Plant, machinery and equipment23 | - | - | - | €4,621 | €4,828 | €2,788 | €1,447 | ▼ 48.1% |
| Furniture and vehicles24 | - | - | - | €74,830 | €50,336 | €44,375 | €150,082 | ▲ 238% |
| Financial fixed assets28 | €1,052 | €1,052 | €1,052 | €2,352 | €2,352 | €2,352 | €2,352 | = |
| Current assets29/58 | €235,233 | €209,729 | €92,660 | €305,708 | €445,914 | €585,703 | €839,887 | ▲ 43.4% |
| Stocks and contracts in progress3 | €54 | €153 | €4,372 | €1,298 | €4,660 | - | - | - |
| Stocks30/36 | - | - | - | €1,298 | €4,660 | - | - | - |
| Amounts receivable within one year40/41 | €226,493 | €187,627 | €52,785 | €224,346 | €388,326 | €522,007 | €695,801 | ▲ 33.3% |
| Trade receivables40 | - | - | - | €183,281 | €325,802 | €435,893 | €618,715 | ▲ 41.9% |
| Other amounts receivable41 | - | - | - | €41,065 | €62,524 | €86,114 | €77,086 | ▼ 10.5% |
| Cash at bank and in hand54/58 | €5,057 | €20,713 | €25,693 | €63,388 | €36,636 | €52,640 | €141,580 | ▲ 169% |
| Deferred charges and accrued income490/1 | - | - | - | €16,676 | €16,293 | €11,055 | €2,506 | ▼ 77.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €302,271 | €291,611 | €204,152 | €387,511 | €503,431 | €635,218 | €993,768 | ▲ 56.4% |
| Equity10/15 | €204,635 | €214,169 | €74,138 | €226,108 | €254,961 | €325,440 | €362,480 | ▲ 11.4% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €27,860 | €318,860 | €355,900 | ▲ 11.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | - | €26,000 | €317,000 | €354,040 | ▲ 11.7% |
| Profit (loss) carried forward14 | €196,575 | €206,109 | €66,078 | €218,048 | €220,901 | €380 | €380 | = |
| Amounts payable17/49 | €97,637 | €77,442 | €130,014 | €161,403 | €248,470 | €309,777 | €631,288 | ▲ 104% |
| Amounts payable after more than one year17 | €24,726 | €35,519 | €59,989 | €14,933 | €11,592 | - | €137,646 | - |
| Financial debts170/4 | - | - | - | €14,933 | €11,592 | - | €137,646 | - |
| Amounts payable within one year42/48 | €72,911 | €41,923 | €70,025 | €146,470 | €236,878 | €309,777 | €459,818 | ▲ 48.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €22,845 | €3,353 | €13,162 | €15,461 | ▲ 17.5% |
| Trade debts44 | €33,825 | €25,800 | €49,750 | €111,793 | €190,663 | €234,326 | €376,129 | ▲ 60.5% |
| Suppliers440/4 | - | - | - | €111,793 | €190,663 | €234,326 | €376,129 | ▲ 60.5% |
| Taxes, remuneration and social security45 | - | - | - | €5,452 | €36,482 | €55,910 | €61,849 | ▲ 10.6% |
| Taxes450/3 | - | - | - | €5,452 | €36,482 | €53,818 | €59,756 | ▲ 11.0% |
| Remuneration and social security454/9 | - | - | - | - | - | €2,092 | €2,092 | = |
| Other amounts payable47/48 | - | - | - | €6,380 | €6,380 | €6,380 | €6,380 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €33,825 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,947 | €16,534 | -€140,031 | €58,299 | €28,853 | €70,479 | €37,040 | ▼ 47.4% |
| + Depreciation and write-downs630 | €20,083 | €24,672 | €33,382 | €40,000 | €28,607 | €24,684 | €38,539 | ▲ 56.1% |
| Operating cash flow (approximation) | €46,030 | €41,206 | -€106,650 | €98,300 | €57,460 | €95,163 | €75,579 | ▼ 20.6% |
| Investment in fixed assets (approximation) | - | -€39,515 | -€62,992 | -€10,311 | -€4,321 | -€16,683 | -€142,905 | ▼ 757% |
| Change in cash | - | €15,656 | €4,980 | €37,695 | -€26,752 | €16,005 | €88,940 | ▲ 456% |
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, 6,049 companies had the same profile as D & G CONSTRUCT has now. Two years later, 95.9% were still going and 0.4% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
The bankruptcy probability of D & G CONSTRUCT itself is higher: 2.4% within 12 months. It rests on far more data about D & G CONSTRUCT than the profile alone.
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 6,049 companies, not a prediction for D & G CONSTRUCT. 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.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 16-12-2025 | 2025-00586742 | |
| 31-12-2023 | micro format | 24-01-2025 | 2025-00009427 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00504821 | |
| 31-12-2021 | micro format | 15-11-2022 | 2022-20521511 | |
| 31-12-2020 | micro format | 31-10-2021 | 2021-76200191 | |
| 31-12-2019 | full format | 28-11-2020 | 2020-73500401 | |
| 31-12-2018 | full format | 24-11-2019 | 2019-74300267 | |
| 31-12-2017 | full format | 01-10-2018 | 2018-68400055 |
Board & ownership
Directors
Owners and capital
Shareholders
- David George all shares · 100%
- David Maria-Georgiana to David George 50 shares
Capital transactions
- 19-10-2023 Capital stated in the deed · 100 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DAVID George |
|
Network & group
Companies at the same address
3 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
19-06
Gazette deed
Transfer of 50 sharesShareholding3 points ▸
- General meeting, 30-03-2024
- Share transfer, David Maria-Georgiana → David George
- David George holds all the shares
19-10
Gazette deed
Change of role: DAVID George, from manager to directorAmendment of the articles · Capital conversion · Reserve release10 points ▸
- General meeting, 06-10-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible, compte de capitaux propres apports non appelés” (deed in French)
- Reserve release, “suppression,rendre ces fonds disponibles pour distribution, éventuels versements futurs de la part non encore libérée à ce jour du capital souscrit dans le pass…” (deed in French)
- Capital
- Director resignation, DAVID George (manager)
- Director appointment, DAVID George (director (not named in the articles))
- Director discharge, DAVID George (gérant démissionnaire)
- Registered office clause, “1030 Schaerbeek,Rue Stijn Streuvels 26,bte 1, Cinquième résolution” (deed in French)
- Other provision, “vote, prises successivement et séparément,article par article le cas échéant” (deed in French)
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
35 activities
- L’entreprise générale de travaux publics et privés : constructions immobilières en tous genres,notamment de bâtiments résidentiels et tous travaux de finition,ainsi que tous travaux d’installations électriques et électrotechniques de bâtiment.
- L’entreprise de maçonnerie béton.
- La réalisation et la construction de gros-œuvre de maisons individuelles,de bâtiments et ouvrages industriels,agricoles ou commerciaux,d’entrepôts,d’écoles,de cliniques,de bâtiments pour la pratique d’un sport,etc.
- La réalisation d’appartements clés en mains,la réalisation de gros œuvre de bâtiments à cellules multiples (appartements,bureaux,etc.)
- La construction d’autres immeubles résidentiels et d’immeubles de bureaux.
- Le montage et le démontage d’échafaudages et de plate-forme de travail
- Toutes les activités d’entreprises générale de construction,pose de câbles et de canalisations diverses,signalisations,installations électroniques,plomberies,sanitaires,chauffages et équipements de cuisine
- Les travaux de ferraillage et pose de coffrage
- La pose de chapes
- Le déblayage de chantiers
- Le nettoyage de bâtiments nouveaux et la remise en état des lieux après travaux
- Les autres travaux d’achèvement et de finition des bâtiments
- Le nettoyage de façades (à la vapeur) ainsi que la peinture industrielle et le sablage,le recouvrement de pignons et façades et les activités analogues appliquées aux parties extérieures des bâtiments.
- L’exécution de travaux de rejointoiement
- Tous autres travaux de finition
- La peinture d’ossatures métalliques
- Le traitement des murs avec des produits hydrofuges.
- Les travaux d’étanchéité des constructions
- La pose de revêtement de sol en bois ou en d’autres matériaux
- La réalisation de canalisation à longue distance
- Les travaux de terrassement,creusement,comblement,nivellement de chantiers de constructions,ouverture de tranchées,les travaux de forages,de sondages et de fonçage de puits,de battage de pieux et de palplanche et les travaux de consolidation du sol par tous systèmes.
- Location de machines et équipements pour la construction
- La mise en place des éléments d’évacuation des eaux de pluies.
- Les travaux de dragage
- Le curage des cours d’eau,fossés
- Le drainage des chantiers de construction,des terrains agricoles et sylvicoles.
- Exercer toutes les activités du bâtiment touchant à la rénovation,à la transformation et à la construction soit en nom propre pour les activités dont elle n’aurait pas accès.
- D’opérer toutes les opérations de vente,d’échange,de location,de gestion locative,de transformation,d’aménagement intérieurs y compris la décoration et l’ameublement pour son compte ou pour le compte de tiers de biens immeubles sis en Belgique ou à l’étranger.
- Travaux d’isolation
- L’installation de piscine privées
- L’exécution de travaux de levage
- Le montage de hangars,granges,silos,etc
- Les travaux de démolition
- Le placement de clôtures
- Les autres travaux aux entreprises.
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 0656.480.261
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21902A0256/00T000 | Brussels | 256 m² | 1 · 92 m² | 18.0 m · 4 |