Summary
DAL CONSTRUCT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.3m and a net result of €12,944, of which €54,590 non-recurring income. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 34% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 0.8 FTE
- Equity
- €1.3m
- Profit
- €12,944
- FécelDirector · permanent representative Delano Van Houts
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 4 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Capital & shares · RestructuringDemerger · Capital increase ·…
- RestructuringPermanent representatives: Alain Van Houts…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 34% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €54,590 | - |
| Remuneration, social security and pensions62 | €29,169 | - | - | €138 | €0 | €7,163 | €7,710 | €33,212 | ▲ 331% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93,220 | €121,762 | €121,663 | €174,057 | €147,698 | €145,190 | €148,304 | €154,404 | ▲ 4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €137 | €186 | €0 | - | - | - |
| Other operating charges640/8 | €8,351 | - | - | €17,281 | €18,222 | €20,326 | €21,202 | €21,654 | ▲ 2.1% |
| Gross operating margin9900 | €224,640 | €344,704 | €277,172 | €317,811 | €314,031 | €347,783 | €355,361 | €326,300 | ▼ 8.2% |
| Operating profit (loss)9901 | €93,900 | €170,157 | €63,298 | €126,198 | €147,925 | €175,104 | €178,145 | €117,030 | ▼ 34.3% |
| Financial income75/76B | €307 | - | - | €75 | €2,673 | €22 | €0 | €1,100 | ▲ 36,679× |
| Recurring financial income75 | €307 | €1,062 | €958 | €75 | €2,673 | €22 | €0 | €1,100 | ▲ 36,679× |
| Financial charges65/66B | €20,533 | - | - | €46,948 | €181,693 | €16,158 | €57,413 | €87,885 | ▲ 53.1% |
| Recurring financial charges65 | €20,533 | €14,958 | €56,184 | €46,948 | €181,693 | €16,158 | €57,413 | €87,885 | ▲ 53.1% |
| Profit (loss) for the period before taxes9903 | €73,674 | €156,261 | €8,072 | €79,326 | -€31,095 | €158,968 | €120,732 | €30,245 | ▼ 74.9% |
| Transfer from deferred taxes780 | €43,555 | - | - | €3,471 | €3,403 | €3,421 | €2,994 | €2,994 | = |
| Income taxes67/77 | €21,526 | €57,889 | €14,750 | €37,580 | €2,500 | €34,938 | €67,461 | €20,295 | ▼ 69.9% |
| Profit (loss) for the period9904 | €95,703 | €101,843 | -€3,206 | €45,217 | -€30,192 | €127,451 | €56,265 | €12,944 | ▼ 77.0% |
| Transfer from tax-exempt reserves789 | €13,545 | - | - | €13,545 | €13,613 | €13,685 | €13,335 | €13,335 | = |
| Transfer to tax-exempt reserves689 | €40,083 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €69,165 | €163,167 | €100,587 | €58,763 | -€16,578 | €141,136 | €69,599 | €26,279 | ▼ 62.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.4m | €2.7m | €2.7m | €3.8m | €4.0m | €4.0m | €3.9m | €3.8m | ▼ 2.4% |
| Fixed assets21/28 | €2.3m | €2.3m | €2.2m | €2.7m | €2.8m | €2.7m | €2.6m | €2.5m | ▼ 4.6% |
| Intangible fixed assets21 | - | - | - | - | - | - | - | €0.004m | - |
| Tangible fixed assets22/27 | €2.3m | €2.3m | €2.2m | €2.7m | €2.8m | €2.7m | €2.6m | €2.5m | ▼ 4.7% |
| Land and buildings22 | €2.3m | - | - | €2.3m | €2.7m | €2.5m | €2.5m | €2.3m | ▼ 4.4% |
| Plant, machinery and equipment23 | €0.003m | - | - | €386 | €81 | €0 | €0.004m | €0.003m | ▼ 22.9% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.03m | €0.02m | €0.02m | €0.008m | ▼ 44.8% |
| Assets under construction and advance payments27 | - | - | - | €0.3m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 4.9% |
| Current assets29/58 | €0.07m | €0.4m | €0.5m | €1.2m | €1.2m | €1.4m | €1.4m | €1.4m | ▲ 1.6% |
| Stocks and contracts in progress3 | - | €0.3m | €0.3m | €0 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.07m | €0.07m | €0.1m | €0.07m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 39.8% |
| Trade receivables40 | €0.06m | - | - | €0.003m | €0.1m | €0.1m | €0.1m | €0.04m | ▼ 68.3% |
| Other amounts receivable41 | €0.01m | - | - | €0.07m | €0.08m | €0.08m | €0.04m | €0.06m | ▲ 64.0% |
| Current investments50/53 | - | - | - | €1.0m | €0.9m | €0.9m | €1.0m | €1.0m | ▼ 0.9% |
| Cash at bank and in hand54/58 | €0.001m | €0.06m | €0.02m | €0.1m | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 46.6% |
| Deferred charges and accrued income490/1 | €0.002m | - | - | €0.002m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 317% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.4m | €2.7m | €2.7m | €3.8m | €4.0m | €4.0m | €3.9m | €3.8m | ▼ 2.4% |
| Equity10/15 | €1.4m | €1.5m | €1.4m | €1.3m | €1.3m | €1.4m | €1.5m | €1.3m | ▼ 12.8% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Capital10 | €0.1m | - | - | - | - | - | - | - | - |
| Issued capital100 | €0.1m | - | - | - | - | - | - | - | - |
| Reserves13 | €1.3m | €1.4m | €1.4m | €1.3m | €1.2m | €1.4m | €1.4m | €1.2m | ▼ 13.1% |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | €0.01m | - | - | - | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | €0.5m | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 5.3% |
| Distributable reserves133 | €0.8m | - | - | €1.0m | €0.9m | €1.1m | €1.2m | €1.0m | ▼ 15.0% |
| Profit (loss) carried forward14 | €0.004m | €0.004m | €0.004m | €0.006m | €0 | - | - | €0 | - |
| Provisions and deferred taxes16 | €0.08m | €0.08m | €0.07m | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 5.1% |
| Deferred taxes168 | €0.08m | - | - | €0.07m | €0.06m | €0.06m | €0.06m | €0.06m | ▼ 5.1% |
| Amounts payable17/49 | €0.9m | €1.1m | €1.2m | €2.5m | €2.7m | €2.6m | €2.4m | €2.5m | ▲ 3.9% |
| Amounts payable after more than one year17 | €0.7m | €0.6m | €0.9m | €2.0m | €2.2m | €2.0m | €1.9m | €1.8m | ▼ 4.4% |
| Financial debts170/4 | €0.7m | - | - | €2.0m | €2.2m | €2.0m | €1.9m | €1.8m | ▼ 4.4% |
| Other amounts payable178/9 | - | - | - | - | €0.005m | €0.007m | €0.004m | €0.004m | = |
| Amounts payable within one year42/48 | €0.2m | €0.5m | €0.3m | €0.4m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 35.5% |
| Current portion of amounts payable after more than one year42 | €0.09m | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.09m | ▼ 31.7% |
| Trade debts44 | €0.03m | €0.02m | €0.02m | €0.008m | €0.004m | €0.006m | €0.008m | €0.007m | ▼ 1.8% |
| Suppliers440/4 | €0.03m | - | - | €0.008m | €0.004m | €0.006m | €0.008m | €0.007m | ▼ 1.8% |
| Taxes, remuneration and social security45 | €0.02m | - | - | €0.01m | €0.004m | €0.01m | €0.03m | €0.02m | ▼ 33.1% |
| Taxes450/3 | €0.01m | - | - | €0.01m | €0.004m | €0.01m | €0.02m | €0.008m | ▼ 65.5% |
| Remuneration and social security454/9 | €0.007m | - | - | €0 | - | - | €0.002m | €0.009m | ▲ 349% |
| Other amounts payable47/48 | €0.07m | - | - | €0.3m | €0.4m | €0.4m | €0.3m | €0.5m | ▲ 68.5% |
| Accrued charges and deferred income492/3 | €0.004m | - | - | €0.005m | €0.008m | €0.01m | €0.02m | €0.04m | ▲ 50.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €95,703 | €101,843 | -€3,206 | €45,217 | -€30,192 | €127,451 | €56,265 | €12,944 | ▼ 77.0% |
| + Depreciation and write-downs630 | €93,220 | €121,762 | €121,663 | €174,057 | €147,698 | €145,190 | €148,304 | €154,404 | ▲ 4.1% |
| Operating cash flow (approximation) | €188,923 | €223,605 | €118,457 | €219,274 | €117,506 | €272,641 | €204,569 | €167,348 | ▼ 18.2% |
| Investment in fixed assets (approximation) | - | -€46,953 | -€30,968 | -€659,586 | -€293,367 | -€14,637 | -€53,156 | -€36,994 | ▲ 30.4% |
| Change in cash | - | €55,994 | -€39,195 | €100,011 | €18,339 | €73,602 | €5,106 | €100,189 | ▲ 20× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00349007 |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00351497 |
| 31-12-2023 | abbreviated format | 31-07-2024 | 2024-00316079 |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00296786 |
| 31-12-2021 | abbreviated format | 06-07-2022 | 2022-20150334 |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-43300159 |
| 31-12-2019 | abbreviated format | 31-07-2020 | 2020-38200169 |
| 31-12-2018 | abbreviated format | 31-07-2019 | 2019-42900348 |
| 31-12-2017 | abbreviated format | 05-07-2018 | 2018-29400577 |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-54500533 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Fécel |
|
| Delano Van Houts |
|
Owners and capital
Capital and shareholders
- 23-02-2026 Capital increase · 20,795 new shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
23-02
Gazette deed
Capital & shares · RestructuringDemerger · Capital increase · Amendment of the articles7 facts ▸
- General meeting, 30-01-2026
- Board meeting, “éénparigheid van stemmen, recht tot opmaken verslagen (art. 12:61, 12:62§1, 12:64 WVV)” (deed in Dutch)
- Demerger, “partiele splitsing, behoud bestaande vennootschap en overneming in bestaande vennootschap” (deed in Dutch)
- Capital increase
- Amendment of the articles, 5
- Amendment of the articles
- Power of attorney
25-11
Gazette deed
RestructuringPermanent representatives: Alain Van Houts and Delano Van Houts · Demerger · Accounting effect17 facts ▸
- Demerger, “partiële splitsing door overneming, deel van vermogen,rechten en verplichtingen,gaat over op verkrijgende vennootschap” (deed in Dutch)
- Board composition, “bestuurder” (deed in Dutch)
- Permanent representative, Alain Van Houts
- Board composition, BV Fécel (director)
- Permanent representative, Delano Van Houts
- Board composition, Alain Van Houts (director)
- Other provision, “bestuursorgaan overnemende vennootschap, wijze van uitreiking aandelen” (deed in Dutch)
- Other provision, “winstgerechtigdheid uitgereikte aandelen”, 01-07-2025 (deed in Dutch)
- Accounting effect, 01-07-2025
- Other provision, “rechten voor houders bijzondere rechten en andere effecten dan aandelen” (deed in Dutch)
- Other provision, “bezoldiging bedrijfsrevisor of gecertificeerd accountant verslag artikel 12:62, artikel 12:62 §1 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “bijzondere voordelen leden bestuursorganen” (deed in Dutch)
- +5 further facts in this act
01-07
Gazette deed
Resignation: Delano Van Houts (director)Appointment: Fécel (director) · Permanent representative: Delano Van Houts4 facts ▸
- General meeting, 11-04-2024
- Director resignation, Delano Van Houts (director)
- Director appointment, Fécel (director)
- Permanent representative, Delano Van Houts
Show earlier events
About the unread acts
Of the 11 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0439.752.270
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42023B2217/00A000 | Flanders | 3,808 m² | 1 · 270 m² | 7.1 m · 2 |
| 42023B0953/00L000 | Flanders | 724 m² | - | - |
How the parcels are linked
Articles of association
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging: ledere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Gedaan te…”
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 01-07-2024
Read from the deeds: 2 provisions, deed of 01-07-2024