Equity
-€167,606
Debts exceed assets in financial year 2025.
D&N Groep
Lifetime
6 annual accounts with figures on one time axispeak €111,735 (2023)
€57,701▼ 39.6%
lowest -€171,778 (2025)
-€171,778▼ €102,798
peak €73,151 (2023)
-€167,606▼ €171,778
€357,147▲ 173%
peak 1 FTE (2020)
-not published
Board3 names since 2019
3 directorsHYUSEIN Dzhemil and 2 others
Documentsfilings and deeds
02-02-20262 days late
2025micro format
Gross margin from €95,534 to €57,701Loss of €171,778Equity from €4,172 to -€167,606Debts from €130,919 to €357,147
Key points
from the 2025 annual accountsResult
-€171,778 ▼ 149%
The result fell in 2025 from -€68,980 to -€171,778.
Debts
€357,147 188% of the balance sheet
Financial debts 8%Suppliers 43%Taxes and wages 29%Other 20%
Of this, €351,586 falls due within a year.
Investments
€45,352 4.8 × depreciation
Green is investment, beige is depreciation. Machinery stands 28.9% higher than in 2024.
Liquidity
0.46 was 1.14 in 2024
Short-term debts rose from €94,491 to €351,586.
Position in the sector
-88.4%
Lower solvency than 95% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.
2025 accounts filed 2 days after the deadline
Checked score
34
Weak
Financially stronger than 2% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%lowest value
01-2025: 0.8%▲ +0.1 percentage points vs 12-2024
02-2025: 1.2%▲ +0.4 percentage points vs 01-2025
03-2025: 1.4%▲ +0.2 percentage points vs 02-2025
04-2025: 6.4%▲ +5.0 percentage points vs 03-2025highest value
05-2025: 5.9%▼ -0.5 percentage points vs 04-2025
06-2025: 5.9%● unchanged vs 05-2025
07-2025: 5.9%● unchanged vs 06-2025
08-2025: 5.9%● unchanged vs 07-2025
09-2025: 5.8%▼ -0.1 percentage points vs 08-2025
10-2025: 5.8%● unchanged vs 09-2025
11-2025: 5.6%▼ -0.2 percentage points vs 10-2025
12-2025: 5.5%▼ -0.1 percentage points vs 11-2025
01-2026: 5.3%▼ -0.2 percentage points vs 12-2025
02-2026: 6.3%▲ +1.0 percentage point vs 01-2026
03-2026: 5.8%▼ -0.5 percentage points vs 02-2026
04-2026: 5.8%● unchanged vs 03-2026
05-2026: 5.8%● unchanged vs 04-2026
06-2026: 5.8%● unchanged vs 05-2026
07-2026: 5.8%● unchanged vs 06-2026
08-2026: 5.8%● unchanged vs 07-2026
09-2026: 5.6%▼ -0.2 percentage points vs 08-2026
10-2026: 5.1%▼ -0.5 percentage points vs 09-2026
11-2026: 5.0%▼ -0.1 percentage points vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €171,778, the second in a row (financial year 2025)
Liquidity: current ratio 0.46
Last filed accounts filed 3 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €189,540
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 25, micro). It does better than 3% of them on solvency, 0% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as D&N Groep has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D&N Groep itself: 5.0% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,008 companies, not a prediction for D&N Groep. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.46 (1.14 in 2024), below 1. Short-term debt is 185.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€167,606
raises risk · 2025 accounts filed 2 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
2 days late
2024
59 days late
2023
29 days late
2022
5 days early
2021
33 days early
2020
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 7 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 2 February (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Permanent representative: Dorien Eerdekens
Appointment: Nedim Veli Hyusein (director) · General meeting of 25-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0720784234
Change of role: HYUSEIN Dzhemil, from statutory manager to director
General meeting of 28-12-2023 · Gazette deed
Registered office moved within Genk
New registered office: Weg naar As 284 te 3600 Genk · Previous registered office: Zenobe Grammestraat 29 3600 Genk · General meeting of 01-01-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| D&N Groep Genk | €189,540 | €57,701 | -88.4% | - |
| VANGENEUGDEN PROJECTS Genk | €174,230 | €72,526 | 56.0% | - |
| TRISBAT INDUSTRIAL SERVICES Tielt | €221,440 | €58,837 | 55.4% | - |
| LOBOR Puurs-Sint-Amands | €186,525 | €61,230 | 90.0% | - |
| WOODLOC Dinant | €235,702 | €55,118 | 21.5% | - |
| CNC SOLUTIONS Stabroek | €196,495 | €51,383 | 76.2% | - |
| Jeca Metaalwerken Bree | €124,664 | €61,333 | 63.8% | - |
These companies have the same main activity as D&N Groep: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €125,000 and €236,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 15-02-2019Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 4 others
- Establishment unit
- 2.285.499.8453600 Genk, since 15-02-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 13-02-2024
Annual accounts to 30-06-2025
- ≈ €170,000estimated
- €189,540▲ 40.3%
- ≈ 3.6 FTEestimated
- Filing
- Filed on 02-02-2026
Insights on D&N Groep
D&N Groep files the micro format. That format states no turnover. The gross margin rose from €24,514 in 2020 to €57,701 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about D&N Groep
- What is the company number of D&N Groep?
- The company number of D&N Groep is 0720.784.234. The VAT number is the same number with BE in front: BE 0720.784.234.
- Where is D&N Groep based?
- The registered office is at Weg naar As 284, 3600 Genk.Company details
- What does D&N Groep do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of D&N Groep?
- D&N Groep is a private limited company (BV).
- When was D&N Groep founded?
- D&N Groep was founded on 15-02-2019.
- Is D&N Groep still active?
- Yes, D&N Groep is an active enterprise in the KBO register.
- How many employees does D&N Groep have?
- D&N Groep had an average of 2.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of D&N Groep?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €57,701 and 2,667 comparable companies of the same size. It probably lies between €110,000 and €300,000. It is a rough estimate.
- Is D&N Groep profitable?
- In financial year 2025, D&N Groep made a loss of €171,778.
- Where can I find the annual accounts of D&N Groep?
- D&N Groep filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of D&N Groep due?
- D&N Groep must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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