D'heer Construct
ActiveD'heer Construct has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352k and a net result of €118k. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 4401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.19 in 2024), and 51.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.8%
Return on assets
16.4%
Age of the figures
11 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
38 d early
2024
34 d early
2023
41 d early
2022
13 d early
2021
25 d early
2020
29 d early
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€352k▲ 37.2%
2024 · €256k
2019: €29k
2020: €59k
2021: €106k
2022: €141k
2023: €193k
2024: €256k
2019 → 2025
Total assets
€722k▲ 6.2%
2024 · €680k
2019: €92k
2020: €177k
2021: €187k
2022: €377k
2023: €425k
2024: €680k
2019 → 2025
Net result
€118k▲ 87.2%
2024 · €63k
2019: €11k
2020: €30k
2021: €47k
2022: €35k
2023: €58k
2024: €63k
2019 → 2025
Working capital
€92k▲ 87.5%
2024 · €49k
2019: €10k
2020: €7k
2021: €60k
2022: €35k
2023: €62k
2024: €49k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€106k-€141k▲ 32.9%€193k▲ 37.1%€256k▲ 32.7%€352k▲ 37.2%
Operating result€60k-€39k▼ 34.9%€75k▲ 90.4%€82k▲ 10.6%€153k▲ 85.2%
Net result€47k-€35k▼ 25.7%€58k▲ 66.8%€63k▲ 8.6%€118k▲ 87.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 85% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €722k
Fixed assets
€416k▲ 12.0%
Current assets
€306k▼ 0.8%
Equity and liabilities €722k
Equity
€352k▲ 37.2%
Debt
€370k▼ 12.6%
The debt ratio falls from 62.3% to 51.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€220k▲
2024 · €131k
Cash flow
€185k▲
2024 · €112k
Solvency
48.8%▲
2024 · 37.7%
Current ratio
1.43▲
2024 · 1.19
Quick ratio
1.10▲
2024 · 0.90
Debt / equity
1.05▼
2024 · 1.65
ROE
33.7%▲
2024 · 24.7%
ROA
16.4%▲
2024 · 9.3%
Interest coverage
23.57▼
2024 · 27.46
Debt
€370k▼
2024 · €423k
Debt ≤ 1 year
€214k▼
2024 · €259k
Debt > 1 year
€154k▼
2024 · €162k
Income taxes
€28k▲
2024 · €15k
Staff costs
€7k▼
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€680k€722k▲
Formation expenses20€0€0=
Fixed assets21/28€371k€416k▲
Tangible fixed assets22/27€371k€416k▲
Plant, machinery and equipment23€56k€57k▲
Furniture and vehicles24€123k€135k▲
Leasing and similar rights25€99k€135k▲
Other tangible fixed assets26€93k€89k▼
Current assets29/58€309k€306k▼
Stocks and contracts in progress3€74k€71k▼
Stocks30/36€3k€2k▼
Contracts in progress37€72k€69k▼
Amounts receivable within one year40/41€200k€173k▼
Trade receivables40€195k€168k▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58€26k€55k▲
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€680k€722k▲
Equity10/15€256k€352k▲
Contributions10/11€19k€19k=
Reserves13€238k€333k▲
Distributable reserves133€238k€333k▲
Amounts payable17/49€423k€370k▼
Amounts payable after more than one year17€162k€154k▼
Financial debts170/4€162k€154k▼
Amounts payable within one year42/48€259k€214k▼
Current portion of amounts payable after more than one year42€39k€47k▲
Trade debts44€190k€112k▼
Suppliers440/4€190k€112k▼
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48€31k€50k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€7k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€67k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€140k€228k▲
Operating profit (loss)9901€82k€153k▲
Financial income75/76B€182€3k▲
Recurring financial income75€182€194▲
Non-recurring financial income76B-€3k
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€78k€146k▲
Income taxes67/77€15k€28k▲
Profit (loss) for the period9904€63k€118k▲
Profit (loss) for the period to be appropriated9905€63k€118k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€118k▲
Transfer from equity791/2-€23k
Transfer to equity691/2€63k€118k▲
To other reserves6921€63k€118k▲
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €118k ▲87.2%
Operating result €153k, net result €118k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €200kEq €256k ▲32.7%
6 profitable years in a row build equity to €256k.
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150kEq €193k ▲37.1%
5 profitable years in a row build equity to €193k.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100kEq €106k ▲79.7%
3 profitable years in a row build equity to €106k.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2023
D'HEER Sam
CurrentDirector · since 17-11-2023
VAN NUFFEL Dorien Martine
CurrentDirector · since 17-11-2023
D'HEER Jan
CurrentDirector · since 05-04-2022
Dorien Van Nuffel
CurrentDirector · since 05-04-2022
17-11-2023
D'HEER Sam: Appointed as Director
17-11-2023
VAN NUFFEL Dorien Martine: Appointed as Director
17-11-2023
D'HEER Jan: Appointed as Director
05-04-2022
D'HEER Jan: Appointed as Director
05-04-2022
Dorien Van Nuffel: Appointed as Director
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Langestraat 2549240 ZeleGround area
419 m²
Parcel 42402C0164/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
D'heer Construct
since 20182.280.284.413
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C0164/00N000 | Flanders | 419 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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G.D.B. FRANCO
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WE DO
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 10,382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2018
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
81100Combined facilities support activities
68110Buying and selling of own real estate
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.