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DB CONSTRUCTION

Active
Private limited companyfounded 2023active for 3 yearsHamerstraat 60, 9000 Gent, BelgiumKBO/BCE: BE 0797.464.615
Summary

The computed 12-month bankruptcy probability of DB CONSTRUCTION is 5.9% (elevated). The 2024 annual accounts show equity of €37,852 and a net result of €37,852. Its solvency ranks better than 41% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (174 days) Filed on 21 January 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00011742.

Equity
€37,852
Total assets
€112,097
Net result
€37,852
Working capital
€35,966

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €112,097
Fixed assets €19,565
Current assets €92,532
Equity and liabilities €112,097
Equity €37,852
Debt €74,245
Debt finances 66.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€71,010
Cash flow
€56,681
Current ratio
1.64
Debt to equity
1.96
ROE
100.0%
ROA
33.8%
Interest coverage
19.67
Debt ≤ 1 year
€56,566
Debt > 1 year
€16,958
Income taxes
€10,792
Staff costs
€25,130

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.9% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€112,097
Fixed assets21/28€19,565
Tangible fixed assets22/27€19,565
Plant, machinery and equipment23€1,133
Furniture and vehicles24€18,432
Current assets29/58€92,532
Amounts receivable within one year40/41€32,460
Trade receivables40€18,128
Other amounts receivable41€14,333
Cash at bank and in hand54/58€60,072
Equity and liabilities
Total equity and liabilities10/49€112,097
Equity10/15€37,852
Reserves13€37,852
Distributable reserves133€37,852
Amounts payable17/49€74,245
Amounts payable after more than one year17€16,958
Financial debts170/4€16,958
Amounts payable within one year42/48€56,566
Current portion of amounts payable after more than one year42€6,451
Trade debts44€38,725
Suppliers440/4€38,725
Taxes, remuneration and social security45€11,389
Taxes450/3€11,389
Accrued charges and deferred income492/3€722
Income statement Code2024
Remuneration, social security and pensions62€25,130
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,829
Other operating charges640/8€3,412
Gross operating margin9900€99,552
Operating profit (loss)9901€52,182
Financial income75/76B€73
Recurring financial income75€73
Financial charges65/66B€3,610
Recurring financial charges65€3,610
Profit (loss) for the period before taxes9903€48,644
Income taxes67/77€10,792
Profit (loss) for the period9904€37,852
Profit (loss) for the period to be appropriated9905€37,852
Appropriation of the result
Profit (loss) to be appropriated9906€37,852
Transfer to equity691/2€37,852
To other reserves6921€37,852

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€25,130
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,829
Other operating charges640/8€3,412
Gross operating margin9900€99,552
Operating profit (loss)9901€52,182
Financial income75/76B€73
Recurring financial income75€73
Financial charges65/66B€3,610
Recurring financial charges65€3,610
Profit (loss) for the period before taxes9903€48,644
Income taxes67/77€10,792
Profit (loss) for the period9904€37,852
Profit (loss) for the period to be appropriated9905€37,852
Line2024
Assets
Total assets20/58€112,097
Fixed assets21/28€19,565
Tangible fixed assets22/27€19,565
Plant, machinery and equipment23€1,133
Furniture and vehicles24€18,432
Current assets29/58€92,532
Amounts receivable within one year40/41€32,460
Trade receivables40€18,128
Other amounts receivable41€14,333
Cash at bank and in hand54/58€60,072
Equity and liabilities
Total equity and liabilities10/49€112,097
Equity10/15€37,852
Reserves13€37,852
Distributable reserves133€37,852
Amounts payable17/49€74,245
Amounts payable after more than one year17€16,958
Financial debts170/4€16,958
Amounts payable within one year42/48€56,566
Current portion of amounts payable after more than one year42€6,451
Trade debts44€38,725
Suppliers440/4€38,725
Taxes, remuneration and social security45€11,389
Taxes450/3€11,389
Accrued charges and deferred income492/3€722
Line2024
Profit (loss) for the period9904€37,852
+ Depreciation and write-downs630€18,829
Operating cash flow (approximation)€56,681

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 21-01-2026 2026-00011742

Similar companies · same sector, comparable size

Of the 29,217 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,303. 13,029 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.