D&G PROJECTS

Active

Private limited companyfounded 20206 yrs activeOpeindestraat 12, 3720 Hasselt, BelgiumKBO/BCE: BE 0752.883.118

The computed 12-month bankruptcy probability of D&G PROJECTS is 2.3% (moderate). The 2024 annual accounts show equity of €84k and a net result of €54k. Equity is growing by ~66.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 36383 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

100 / 100

Excellent▲ +9 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency98▲+30

Growth78=

Stability100

Bankruptcy probability, 12 months

2.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 2.19 against 1.5 in 2023), and 42.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

61 d late

2022

60 d late

2021

220 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€111k

EBIT margin

15.5%

Net result

€54k▲ 141%

2023 · €22k

2021: €12k 2022: €22k 2023: €22k

2021 → 2024

Working capital

€74k▲ 183%

2023 · €26k

2021: €6k 2022: €31k 2023: €26k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€111k-

Equity€16k-€38k▲ 140%€30k▼ 19.9%€84k▲ 179%

Operating result€17k-€26k▲ 51.6%€28k▲ 8.2%€66k▲ 134%

Net result€12k-€22k▲ 87.8%€22k▲ 2.1%€54k▲ 141%

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

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2024 is 134% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €147k

93.0%

Fixed assets €10k▲ 157%

Current assets €137k▲ 74.5%

Equity and liabilities €147k

57.5%

42.5%

Equity €84k▲ 179%

Debt €62k▲ 20.0%

The debt ratio falls from 63.3% to 42.5%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€70k▲

2023 · €31k

Cash flow

€58k▲

2023 · €25k

Solvency

57.5%▲

2023 · 36.7%

Current ratio

2.19▲

2023 · 1.50

Quick ratio

2.19▲

2023 · 1.50

Debt / equity

0.74▼

2023 · 1.72

ROE

64.2%▼

2023 · 74.4%

ROA

36.9%▲

2023 · 27.3%

Interest coverage

42.61▼

2023 · 172.65

Debt

€62k▲

2023 · €52k

Debt ≤ 1 year

€62k▲

2023 · €52k

Income taxes

€16k▲

2023 · €9k

Staff costs

€173▲

2023 · €14

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Total assets 20/58€82k€147k▲

Fixed assets 21/28€4k€10k▲

Tangible fixed assets 22/27€4k€10k▲

Current assets 29/58€78k€137k▲

Amounts receivable within one year 40/41€76k€133k▲

Cash & bank 54/58€2k€3k▲

Total equity & liabilities 10/49€82k€147k▲

Equity 10/15€30k€84k▲

Contributions / capital 10/11€4k€4k=

Reserves 13€26k€77k▲

Accumulated profits (losses) 14-€3k

Amounts payable 17/49€52k€62k▲

Amounts payable within one year 42/48€52k€62k▲

Trade debts payable within one year 44-€27k

Income statement Code20232024

Gross operating margin 9900€31k€70k▲

Operating result 9901€28k€66k▲

Financial income 75€3k€5k▲

Financial charges 65€178€2k▲

Result before taxes 9903€31k€70k▲

Income taxes 67/77€9k€16k▲

Net result for the period 9904€22k€54k▲

Result to be appropriated 9905€22k€54k▲

Timeline · acts, filings and financial milestones

All 6Financial 1Gazette 1Filings 4

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

2024

31-12

Financial Highest result since 2021net €54k ▲141%

Operating result €66k, net result €54k, both a record.

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

29-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 60 days late

11-09

State Gazette act Registered-office change

08-03

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 220 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

1 of 4 acts read

About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.