D&K Projects
ActiveSummary
D&K Projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €13k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 11.96 against 29.47 in 2024; short-term debt: 4.6% and cash: 20.9% of total assets), and 4.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
95.4%
Return on assets
9.7%
Age of the figures
9 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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 · 7 filingsDeviation from the deadline
2025
53 d late
2024
29 d early
2023
5 d late
2022
3 d late
2021
18 d early
2020
16 d late
2019
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 11.4%
2024 · €111k
2019: €34klowest in 7 years
2020: €43k▲ +24.7% vs 2019
2021: €64k▲ +49.3% vs 2020
2022: €88k▲ +37.1% vs 2021
2023: €102k▲ +16.2% vs 2022
2024: €111k▲ +8.7% vs 2023
2025: €123k▲ +11.4% vs 2024highest in 7 years
2019 → 2025
Total assets
€129k▲ 12.9%
2024 · €114k
2019: €50klowest in 7 years
2020: €62k▲ +24.1% vs 2019
2021: €99k▲ +58.1% vs 2020
2022: €112k▲ +14.0% vs 2021
2023: €107k▼ -4.7% vs 2022
2024: €114k▲ +6.9% vs 2023
2025: €129k▲ +12.9% vs 2024highest in 7 years
2019 → 2025
Net result
€13k▲ 41.7%
2024 · €9k
2019: €28khighest in 7 years
2020: €8k▼ -69.9% vs 2019lowest in 7 years
2021: €21k▲ +149% vs 2020
2022: €24k▲ +12.2% vs 2021
2023: €14k▼ -40.2% vs 2022
2024: €9k▼ -37.5% vs 2023
2025: €13k▲ +41.7% vs 2024
2019 → 2025
Working capital
€65k▼ 39.6%
2024 · €107k
2019: €13klowest in 7 years
2020: €33k▲ +160% vs 2019
2021: €52k▲ +56.9% vs 2020
2022: €56k▲ +7.5% vs 2021
2023: €96k▲ +72.6% vs 2022
2024: €107k▲ +11.5% vs 2023highest in 7 years
2025: €65k▼ -39.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€88k▲ 37.1%€102k▲ 16.2%€111k▲ 8.7%€123k▲ 11.4%
2021: €64klowest in 5 years
2022: €88k▲ +37.1% vs 2021
2023: €102k▲ +16.2% vs 2022
2024: €111k▲ +8.7% vs 2023
2025: €123k▲ +11.4% vs 2024highest in 5 years
Operating result€27k-€33k▲ 22.6%€20k▼ 39.6%€13k▼ 33.3%€17k▲ 25.7%
2021: €27k
2022: €33k▲ +22.6% vs 2021highest in 5 years
2023: €20k▼ -39.6% vs 2022
2024: €13k▼ -33.3% vs 2023lowest in 5 years
2025: €17k▲ +25.7% vs 2024
Net result€21k-€24k▲ 12.2%€14k▼ 40.2%€9k▼ 37.5%€13k▲ 41.7%
2021: €21k
2022: €24k▲ +12.2% vs 2021highest in 5 years
2023: €14k▼ -40.2% vs 2022
2024: €9k▼ -37.5% vs 2023lowest in 5 years
2025: €13k▲ +41.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets
€58k ▲ 1,679%
Current assets
€71k ▼ 36.3%
Equity and liabilities €129k
Equity
€123k ▲ 11.4%
Debt
€6k ▲ 56.9%
Debt's share of the balance-sheet total rises from 3.3% to 4.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▲
2024 · €15k
Cash flow
€20k▲
2024 · €11k
Current ratio
11.96▼
2024 · 29.47
Quick ratio
11.63▼
2024 · 28.25
Debt to equity
0.05▲
2024 · 0.03
ROE
10.2%▲
2024 · 8.0%
ROA
9.7%▲
2024 · 7.7%
Interest coverage
243.15▼
2024 · 331.51
Debt ≤ 1 year
€6k▲
2024 · €4k
Income taxes
€6k▲
2024 · €5k
Staff costs
€31▼
2024 · €109
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€114k€129k▲
Fixed assets21/28€3k€58k▲
Intangible fixed assets21€569€407▼
Tangible fixed assets22/27€3k€58k▲
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24-€57k
Current assets29/58€111k€71k▼
Stocks and contracts in progress3€5k€2k▼
Stocks30/36€2k€2k▼
Contracts in progress37€2k€0▼
Amounts receivable within one year40/41€3k€8k▲
Trade receivables40€926€0▼
Other amounts receivable41€2k€8k▲
Current investments50/53€26k€22k▼
Cash at bank and in hand54/58€62k€27k▼
Deferred charges and accrued income490/1€16k€11k▼
Equity and liabilities
Total equity and liabilities10/49€114k€129k▲
Equity10/15€111k€123k▲
Contributions10/11€6k€6k=
Reserves13€94k€107k▲
Distributable reserves133€94k€107k▲
Profit (loss) carried forward14€11k€10k▼
Amounts payable17/49€4k€6k▲
Amounts payable within one year42/48€4k€6k▲
Trade debts44€977€454▼
Suppliers440/4€977€454▼
Taxes, remuneration and social security45€750€3k▲
Taxes450/3-€3k
Remuneration and social security454/9€750€0▼
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€163€15k▲
Remuneration, social security and pensions62€109€31▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€863€873▲
Gross operating margin9900€16k€26k▲
Operating profit (loss)9901€13k€17k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€46€102▲
Recurring financial charges65€46€102▲
Profit (loss) for the period before taxes9903€13k€18k▲
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€9k€13k▲
Profit (loss) for the period to be appropriated9905€9k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€23k▲
Profit (loss) brought forward from the previous period14P€11k€11k▲
Transfer to equity691/2€9k€13k▲
To other reserves6921€9k€13k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €10k | €6k | €163 | €15k | ▲ 9,100% |
| Remuneration, social security and pensions62 | €2k | €12k | €5k | €109 | €31 | ▼ 71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €14k | €6k | €2k | €8k | ▲ 302% |
| Other operating charges640/8 | €1k | €1k | €1k | €863 | €873 | ▲ 1.2% |
| Non-recurring operating charges66A | - | - | €545 | - | - | - |
| Gross operating margin9900 | €43k | €61k | €33k | €16k | €26k | ▲ 56.6% |
| Operating profit (loss)9901 | €27k | €33k | €20k | €13k | €17k | ▲ 25.7% |
| Financial income75/76B | €6k | €0 | - | - | €1k | - |
| Recurring financial income75 | €6k | €0 | - | - | €1k | - |
| Financial charges65/66B | €1k | €848 | €604 | €46 | €102 | ▲ 119% |
| Recurring financial charges65 | €1k | €848 | €604 | €46 | €102 | ▲ 119% |
| Profit (loss) for the period before taxes9903 | €31k | €33k | €20k | €13k | €18k | ▲ 35.7% |
| Income taxes67/77 | €10k | €9k | €5k | €5k | €6k | ▲ 24.0% |
| Profit (loss) for the period9904 | €21k | €24k | €14k | €9k | €13k | ▲ 41.7% |
| Profit (loss) for the period to be appropriated9905 | €21k | €24k | €14k | €9k | €13k | ▲ 41.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99k | €112k | €107k | €114k | €129k | ▲ 12.9% |
| Formation expenses20 | €341 | €115 | €0 | - | - | - |
| Fixed assets21/28 | €32k | €45k | €6k | €3k | €58k | ▲ 1,679% |
| Intangible fixed assets21 | €1k | €893 | €731 | €569 | €407 | ▼ 28.5% |
| Tangible fixed assets22/27 | €31k | €44k | €5k | €3k | €58k | ▲ 2,037% |
| Plant, machinery and equipment23 | €9k | €7k | €5k | €3k | €1k | ▼ 53.2% |
| Furniture and vehicles24 | €22k | €37k | €0 | - | €57k | - |
| Current assets29/58 | €66k | €67k | €102k | €111k | €71k | ▼ 36.3% |
| Stocks and contracts in progress3 | €4k | €4k | €3k | €5k | €2k | ▼ 57.6% |
| Stocks30/36 | €4k | €4k | €3k | €2k | €2k | ▼ 16.8% |
| Contracts in progress37 | €0 | - | - | €2k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €4k | €16k | €9k | €3k | €8k | ▲ 169% |
| Trade receivables40 | €331 | €7k | €133 | €926 | €0 | ▼ 100% |
| Other amounts receivable41 | €4k | €8k | €9k | €2k | €8k | ▲ 286% |
| Current investments50/53 | - | - | - | €26k | €22k | ▼ 15.5% |
| Cash at bank and in hand54/58 | €55k | €44k | €71k | €62k | €27k | ▼ 56.1% |
| Deferred charges and accrued income490/1 | €3k | €4k | €19k | €16k | €11k | ▼ 27.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99k | €112k | €107k | €114k | €129k | ▲ 12.9% |
| Equity10/15 | €64k | €88k | €102k | €111k | €123k | ▲ 11.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €47k | €71k | €85k | €94k | €107k | ▲ 13.9% |
| Distributable reserves133 | €47k | €71k | €85k | €94k | €107k | ▲ 13.9% |
| Profit (loss) carried forward14 | €10k | €11k | €11k | €11k | €10k | ▼ 4.0% |
| Amounts payable17/49 | €35k | €25k | €5k | €4k | €6k | ▲ 56.9% |
| Amounts payable after more than one year17 | €20k | €14k | €0 | - | - | - |
| Financial debts170/4 | €20k | €14k | €0 | - | - | - |
| Amounts payable within one year42/48 | €15k | €11k | €5k | €4k | €6k | ▲ 56.9% |
| Current portion of amounts payable after more than one year42 | €6k | €6k | €0 | - | - | - |
| Trade debts44 | €4k | €347 | €2k | €977 | €454 | ▼ 53.5% |
| Suppliers440/4 | €4k | €347 | €2k | €977 | €454 | ▼ 53.5% |
| Taxes, remuneration and social security45 | €2k | €2k | €1k | €750 | €3k | ▲ 256% |
| Taxes450/3 | €2k | €2k | €0 | - | €3k | - |
| Remuneration and social security454/9 | €0 | - | €1k | €750 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2k | €2k | €2k | €2k | €3k | ▲ 36.7% |
| Accrued charges and deferred income492/3 | €0 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €24k | €14k | €9k | €13k | ▲ 41.7% |
| + Depreciation and write-downs630 | €13k | €14k | €6k | €2k | €8k | ▲ 302% |
| Operating cash flow (approximation) | €34k | €38k | €20k | €11k | €20k | ▲ 88.7% |
| Investment in fixed assets (approximation) | - | €-28k | €34k | €296 | €-63k | ▼ 21,375% |
| Change in cash | - | €-12k | €27k | €-9k | €-35k | ▼ 282% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 19.29
Current ratio from 6.02 to 19.29; short-term debt falls from €11k to €5k.
31-12
Financial
Equity above €100kEq €102k ▲16.2%
5 profitable years in a row build equity to €102k.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Weakest financial yearnet €8k ▼69.9%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Ranst · 1 establishment unit since 2018
Ground area
248 m²
Building footprint
117 m²
Volume, LiDAR
470 m³
Parcel 11031B0528/00F003, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
D&K Projects
since 20182.277.681.843
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031B0528/00F003 | Flanders | 248 m² | 1 · 117 m² | 8.3 m · 1 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.
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,742 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
Founded10-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43120Site preparation
43230Insulation installation
43240Other construction installation
43320Joinery installation
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.