DB-CONSTRUCT
ActiveSummary
DB-CONSTRUCT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €201,651 and a net result of -€26,895. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 32% of 7454 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 6 accounts on average 41 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,688 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,049 | €326 | €359 | €201 | ▼ 43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €167 | €1,482 | €15,504 | €21,467 | €22,066 | ▲ 2.8% |
| Other operating charges640/8 | - | €566 | €821 | €959 | €884 | ▼ 7.8% |
| Non-recurring operating charges66A | - | €167 | - | - | - | - |
| Gross operating margin9900 | €32,816 | -€6,350 | €25,105 | €10,111 | €22,238 | ▲ 120% |
| Operating profit (loss)9901 | €27,347 | -€9,613 | €8,454 | -€12,674 | -€913 | ▲ 92.8% |
| Financial income75/76B | - | €1 | €211 | - | - | - |
| Recurring financial income75 | - | €1 | €211 | - | - | - |
| Financial charges65/66B | - | €546 | €4,204 | €10,781 | €25,982 | ▲ 141% |
| Recurring financial charges65 | €754 | €546 | €4,204 | €10,781 | €25,982 | ▲ 141% |
| Profit (loss) for the period before taxes9903 | €26,593 | -€10,158 | €4,461 | -€23,455 | -€26,895 | ▼ 14.7% |
| Income taxes67/77 | €10,416 | €416 | €948 | €0 | - | - |
| Profit (loss) for the period9904 | €16,177 | -€10,574 | €3,513 | -€23,455 | -€26,895 | ▼ 14.7% |
| Profit (loss) for the period to be appropriated9905 | €16,177 | -€10,574 | €3,513 | -€23,455 | -€26,895 | ▼ 14.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €316,618 | €298,727 | €738,664 | €700,422 | €671,873 | ▼ 4.1% |
| Fixed assets21/28 | €411 | €11,669 | €534,562 | €529,628 | €507,562 | ▼ 4.2% |
| Tangible fixed assets22/27 | €167 | €11,425 | €534,562 | €529,628 | €507,562 | ▼ 4.2% |
| Land and buildings22 | - | €4,729 | €521,464 | €520,935 | €504,125 | ▼ 3.2% |
| Plant, machinery and equipment23 | - | €6,696 | €5,064 | €3,433 | €1,801 | ▼ 47.5% |
| Furniture and vehicles24 | - | - | €8,033 | €5,260 | €1,636 | ▼ 68.9% |
| Financial fixed assets28 | €245 | €245 | - | - | - | - |
| Current assets29/58 | €316,207 | €287,058 | €204,102 | €170,794 | €164,311 | ▼ 3.8% |
| Amounts receivable within one year40/41 | €133,249 | €167,801 | €96,764 | €84,574 | €73,160 | ▼ 13.5% |
| Trade receivables40 | - | €160,837 | €91,876 | €73,731 | €73,009 | ▼ 1.0% |
| Other amounts receivable41 | - | €6,964 | €4,888 | €10,843 | €151 | ▼ 98.6% |
| Cash at bank and in hand54/58 | €182,177 | €118,373 | €95,856 | €86,116 | €89,451 | ▲ 3.9% |
| Deferred charges and accrued income490/1 | - | €884 | €11,482 | €104 | €1,700 | ▲ 1,532% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €316,618 | €298,727 | €738,664 | €700,422 | €671,873 | ▼ 4.1% |
| Equity10/15 | €284,061 | €248,487 | €252,000 | €228,546 | €201,651 | ▼ 11.8% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €264,061 | €228,487 | €232,000 | €208,546 | €181,651 | ▼ 12.9% |
| Non-distributable reserves130/1 | - | €2,000 | €2,000 | - | - | - |
| Reserves not available under the articles1311 | - | €2,000 | €2,000 | - | - | - |
| Distributable reserves133 | - | €226,487 | €230,000 | €208,546 | €181,651 | ▼ 12.9% |
| Amounts payable17/49 | €32,557 | €50,240 | €486,663 | €471,877 | €470,222 | ▼ 0.4% |
| Amounts payable after more than one year17 | - | €50,000 | €468,500 | €468,500 | €468,500 | = |
| Financial debts170/4 | - | €50,000 | €468,500 | €468,500 | €468,500 | = |
| Amounts payable within one year42/48 | €25,131 | - | €18,163 | €3,377 | €1,722 | ▼ 49.0% |
| Trade debts44 | €18,293 | - | €18,163 | €3,377 | €1,722 | ▼ 49.0% |
| Suppliers440/4 | - | - | €18,163 | €3,377 | €1,722 | ▼ 49.0% |
| Taxes, remuneration and social security45 | - | - | €0 | €0 | €0 | - |
| Remuneration and social security454/9 | - | - | €0 | €0 | €0 | - |
| Accrued charges and deferred income492/3 | - | €240 | - | - | €0 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,177 | -€10,574 | €3,513 | -€23,455 | -€26,895 | ▼ 14.7% |
| + Depreciation and write-downs630 | €167 | €1,482 | €15,504 | €21,467 | €22,066 | ▲ 2.8% |
| Operating cash flow (approximation) | €16,343 | -€9,091 | €19,017 | -€1,987 | -€4,829 | ▼ 143% |
| Investment in fixed assets (approximation) | - | -€12,740 | -€538,396 | -€16,534 | €0 | ▲ 100% |
| Change in cash | - | -€63,804 | -€22,517 | -€9,740 | €3,335 | ▲ 134% |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0068/00W000 | Flanders | 4,345 m² | 1 · 1,426 m² | 5.9 m · 2 fl. |
| 23021B0273/00Z002 | Flanders | 521 m² | 1 · 107 m² | 5.9 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
2 ownersOwners 2
- Jurgen De Breuckernatural personSourceown accounts 202490%
- Els Van Laethemnatural personSourceown accounts 202410%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of DB-CONSTRUCT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.