Equity
€307,553 ▲ 0.3%
D.P.E.DIVING has made a profit in every financial year since 2012.
D.P.E.DIVING
Lifetime
14 annual accounts with figures on one time axis, 21 filings since 2005peak €761,713 (2019)
€677,813▲ 28.3%
peak €72,368 (2021)
€956▼ 40.6%
peak €307,553 (2025)
€307,553▲ 0.3%
€784,677▲ 20.9%
peak 11 FTE (2019)
9.1 FTE▲ 28.2%
Board3 names since 2021
2 directorsNICAISE Amory Thierry Claude and 1 other
Documentsfilings and deeds
01-07-202630 days before the deadline
2025financial year
Gross margin from €528,428 to €677,813Result from €1,610 to €956Staff from 7.1 FTE to 9.1 FTEDebts from €649,000 to €784,677Cash from €55,660 to €19,879
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 30% of micro companies in civil engineering (NACE 42)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.7%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%▼ -0.1 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.6%▼ -0.1 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Size: 9.1 FTE, total assets €1.1m
Liquidity: current ratio 1.63, cash €19,879, halved
Sector: Civil engineering (NACE 42)
lowers risk
Founded in 2004
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 42, micro). It does better than 32% of them on solvency, 26% on liquidity, 24% on profitability and 38% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 3,984 companies had the same profile as D.P.E.DIVING has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D.P.E.DIVING itself: 0.6% 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 3,984 companies, not a prediction for D.P.E.DIVING. 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
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.63 (1.46 in 2024), above the usual 1.5. Short-term debt is 37% and cash 1.8% of total assets. However, 71.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 days early
2024
29 days early
2023
21 days early
2022
38 days early
2021
33 days early
2020
33 days early
2019
46 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- NICAISE Eddy Jeannine Albert Ghislain 93 sharesdeed of 26-02-2021
- NICAISE Amory Thierry Claude 93 sharesdeed of 26-02-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0867867215
1 manager resigning
Changes of role: NICAISE Eddy Jeannine Albert Ghislain (director) and NICAISE Amory Thierry Claude (director) · Resignation: DENIS Ludovic (manager) · NICAISE Eddy Jeannine Albert Ghislain holds 93 shares · General meeting of 23-02-2021 · Gazette deed
Incorporation
published on 25-10-2004 · Gazette deed
First establishment
D.P.E DIVING SPRL, Rue des Essarts 5, Thuin
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| D.P.E.DIVING Thuin | €1.1m | €0.7m | 28.2% | 9.1 |
| HYDROTECHNIC Hoogstraten | €1.2m | €0.8m | 69.0% | 8.3 |
| PUTBORINGEN VAN HEUGTEN Oudsbergen | €1.1m | €0.7m | 25.1% | 5.9 |
| BELLEAQUA Wuustwezel | €2.6m | €1.5m | 60.7% | 12.5 |
| GROEP HEYRMAN Beveren-Kruibeke-Zwijndrecht | €4.4m | €0.7m | 62.9% | 5.3 |
| B.C.T Millon Haacht | €2.6m | €0.8m | 68.8% | 3.3 |
| AUTOMATIC SPRAYING SYSTEMS Alken | €1.0m | €0.3m | 59.5% | 4.7 |
These companies have the same main activity as D.P.E.DIVING: civil engineering (NACE 42919). They are comparable in size and age: total assets between €958,000 and €4.4m, founded between 1989 and 2008.
Official details
Source: KBO- Status
- Active since 15-10-2004Normal situation
- Activity
- Civil engineeringNACE 42919and 5 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction
- 139Inland shipping · annual accounts 2025
- Establishment unit
- 2.142.353.7776530 Thuin, since 15-10-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 30-09-2025
Annual accounts 2025
- ≈ €1.6mestimated
- €1.1m▲ 14.3%
- Employeeson 31-12-2025
- 11▲ 22.2%
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on D.P.E.DIVING
D.P.E.DIVING has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €307,553 and a net result of €956.
Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 33% of 378 sector peers (NACE 42, financial year 2025).
The computed 12-month bankruptcy probability is 0.6% (low).
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.P.E.DIVING
- What is the company number of D.P.E.DIVING?
- The company number of D.P.E.DIVING is 0867.867.215. The VAT number is the same number with BE in front: BE 0867.867.215.
- Where is D.P.E.DIVING based?
- The registered office is at Rue des Essarts 5, 6530 Thuin.Company details
- What does D.P.E.DIVING do?
- According to the KBO register, the main activity is civil engineering (NACE 42919).
- What is the legal form of D.P.E.DIVING?
- D.P.E.DIVING is a private limited company (BV).
- When was D.P.E.DIVING founded?
- D.P.E.DIVING was founded on 15-10-2004.
- Is D.P.E.DIVING still active?
- Yes, D.P.E.DIVING is an active enterprise in the KBO register.
- How many employees does D.P.E.DIVING have?
- D.P.E.DIVING had an average of 9.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does D.P.E.DIVING fall under?
- In its 2025 annual accounts, D.P.E.DIVING states joint committees 200 (Auxiliary committee for white-collar workers), 124 (Construction) and 139 (Inland shipping).
- What is the turnover of D.P.E.DIVING?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €677,813 and 2,275 comparable companies of the same size. It probably lies between €960,000 and €2.7m. It is a rough estimate.
- Is D.P.E.DIVING profitable?
- In financial year 2025, D.P.E.DIVING made a profit of €956.
- Where can I find the annual accounts of D.P.E.DIVING?
- D.P.E.DIVING filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of D.P.E.DIVING due?
- D.P.E.DIVING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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