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DBR CONSTRUCT

Active
Private limited companyfounded 2017active for 9 yearsSart d'Avette 140, 4400 Flémalle, BelgiumKBO/BCE: BE 0668.873.990
Summary

The computed 12-month bankruptcy probability of DBR CONSTRUCT is 2.6% (moderate). The 2025 annual accounts show equity of €511,341 and a net result of €282,918. Equity is growing by about 47% per year across the filed financial years. Its solvency ranks better than 17% of 1,022 sector peers (NACE 41, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
2nd fastest staff growth in the province of Liège, Construction of buildings sector1 site
Size
€5.1mtotal assets 2025
Staff
34.7 FTE
Equity
€511,341
Profit
€282,918
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.6%
Structure
Accounts 109 days early2 of 6 deeds read
Why 52raises riskLiquidity: current ratio 0.88, cash €122,550Equity €511,341 (10.1% of total assets)Sector: Construction of residential and non-residential buildings (NACE 41)1 of the last 3 lateShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 41, small)
Financial strength · tick = 2024
Weak
Solvency 35+6
equity 10.1% of total assets
Liquidity 21+4
short-term debt 60.6% · cash 2.4%
Profitability 75+41
return on assets 5.6%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 2.0% 12-2024: 2.0%● unchanged vs 11-2024 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.1%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%▼ -0.4 percentage points vs 02-2025lowest value 04-2025: 1.9%▲ +0.2 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.8%▼ -0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.3 percentage points vs 06-2025 08-2025: 2.6%▲ +0.5 percentage points vs 07-2025 09-2025: 3.0%▲ +0.4 percentage points vs 08-2025 10-2025: 4.9%▲ +1.9 percentage points vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 8.5%▲ +3.6 percentage points vs 11-2025highest value 01-2026: 5.7%▼ -2.8 percentage points vs 12-2025 02-2026: 5.8%▲ +0.1 percentage points vs 01-2026 03-2026: 5.7%▼ -0.1 percentage points vs 02-2026 04-2026: 6.1%▲ +0.4 percentage points vs 03-2026 05-2026: 2.7%▼ -3.4 percentage points vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 2.6%● unchanged vs 07-2026 09-2026: 2.6%● unchanged vs 08-2026 10-2026: 2.6%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.88, compared with 0.82 in 2024, below 1; short-term debt: 60.6% and cash: 2.4% of total assets), and 89.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, small): better than 19% on solvency, 21% on liquidity, 74% on profitability and 95% on growth.

The bankruptcy probability was computed on 22-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.88, cash €122,550
NBB · annual accounts
raises risk · Equity €511,341 (10.1% of total assets)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1022 sector peers (2025).
NBB · sector comparison
Position among 1022 sector peers
Solvency
better than 17%
← weakest strongest →
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 13-04-2026, 109 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
109 days early
2024
126 days late
2023
74 days early
2022
28 days early
2021
2 days early
2020
78 days early
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 3 July (4 of the last 5 filed years within 81 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: BLAVIER David (director)Name change · Capital conversion…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Back to profitnet €282,918

Financials · financial year 2025, full format

Turnover
€0
EBIT margin
Not included in this filing
Net result
€282,918
2024 · -€256,962
Working capital
-€368,218▲ 46.0%
2024 · -€681,821
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 15,209% above 2024 and is the highest 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.

Operating result€0.5m 2025 Net result€0.3m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0
Operating result€0.05m-€0.02m▼ 62.3%€0.1m▲ 362%€0.06m▼ 32.7%€0.2m▲ 200%€0.3m▲ 64.1%€0.004m▼ 98.9%€0.5m▲ 15,209%
Net result€0.03m-€0.01m▼ 52.2%€0.06mwithin the sector's middle half▲ 368%€0.03mwithin the sector's middle half▼ 47.5%€0.1mwithin the sector's middle half▲ 267%€0.2mabove the sector's middle half▲ 89.6%-€0.3mbelow the sector's middle half€0.3mabove the sector's middle half
Equity€0.04m-€0.06m▲ 29.1%€0.1mwithin the sector's middle half▲ 106%€0.1mwithin the sector's middle half▲ 27.0%€0.3mwithin the sector's middle half▲ 77.9%€0.5mwithin the sector's middle half▲ 83.0%€0.2mwithin the sector's middle half▼ 52.8%€0.5mwithin the sector's middle half▲ 124%
Total assets€0.2m-€0.7m▲ 242%€1.3mwithin the sector's middle half▲ 82.1%€1.2mwithin the sector's middle half▼ 5.7%€3.3mwithin the sector's middle half▲ 184%€4.6mwithin the sector's middle half▲ 37.5%€5.7mwithin the sector's middle half▲ 23.1%€5.1mwithin the sector's middle half▼ 10.5%
Debt€0.2m-€0.6m▲ 302%€1.1m▲ 79.9%€1.0m▼ 9.1%€3.1m▲ 199%€4.1m▲ 33.6%€5.4m▲ 32.0%€4.6m▼ 16.1%
Working capital-€0.002m-€0.02m-€0.03mbelow the sector's middle half€0.01mbelow the sector's middle half€0.7mwithin the sector's middle half▲ 6,741%-€0.4mbelow the sector's middle half-€0.7mbelow the sector's middle half▼ 69.4%-€0.4mbelow the sector's middle half▲ 46.0%
Solvency21.9%-8.3%▼ 13.7pp9.4%below the sector's middle half▲ 1.1pp12.6%below the sector's middle half▲ 3.2pp7.9%below the sector's middle half▼ 4.7pp10.5%below the sector's middle half▲ 2.6pp4.0%below the sector's middle half▼ 6.5pp10.1%below the sector's middle half▲ 6.0pp
Current ratio0.99-1.03▲ 0.040.96below the sector's middle half▼ 0.071.01below the sector's middle half▲ 0.051.50within the sector's middle half▲ 0.490.83below the sector's middle half▼ 0.680.82below the sector's middle half=0.88below the sector's middle half▲ 0.06
Return on assets (ROA)13.4%-1.9%▼ 11.5pp4.8%within the sector's middle half▲ 2.9pp2.7%within the sector's middle half▼ 2.1pp3.5%within the sector's middle half▲ 0.8pp4.8%within the sector's middle half▲ 1.3pp-4.5%below the sector's middle half▼ 9.3pp5.6%within the sector's middle half▲ 10.1pp
Staff (FTE)3.3-5.4▲ 63.6%6within the sector's middle half▲ 11.1%13.5within the sector's middle half▲ 125%17.5within the sector's middle half▲ 29.6%27.6within the sector's middle half▲ 57.7%33.6above the sector's middle half▲ 21.7%34.7within the sector's middle half▲ 3.3%
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.1m
Fixed assets €2.4m ▼ 5.9%
Current assets €2.7m ▼ 14.1%
Equity and liabilities €5.1m
Equity €511,341 ▲ 124%
Debt €4.6m ▼ 16.1%
Debt's share of the balance-sheet total falls from 96.0% to 89.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.4m▲
2024 · €689,563
Cash flow
€1.2m▲
2024 · €429,012
Quick ratio
0.85▲
2024 · 0.81
Debt to equity
8.92▼
2024 · 23.82
ROE
55.3%▲
2024 · -112.5%
Interest coverage
5.88▲
2024 · 2.56
Debt ≤ 1 year
€3.1m▼
2024 · €3.8m
Debt > 1 year
€1.5m▼
2024 · €1.6m
Income taxes
€28,795▲
2024 · €974
Staff costs
€1.7m▲
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97.3% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.3% went bankrupt
1.2% stopped otherwise
97.3% 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: 2.6% 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 497,473 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% 1.0%
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 2,684 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 · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€5.7m€5.1m▼
Fixed assets21/28€2.5m€2.4m▼
Tangible fixed assets22/27€2.5m€2.4m▼
Land and buildings22€0.5m€0.7m▲
Plant, machinery and equipment23€0.3m€0.2m▼
Furniture and vehicles24€0.2m€0.2m▼
Leasing and similar rights25€1.5m€1.2m▼
Assets under construction and advance payments27€0.006m€0▼
Financial fixed assets28€124€0.01m▲
Current assets29/58€3.2m€2.7m▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€0.04m€0.08m▲
Stocks30/36€0.04m€0.08m▲
Amounts receivable within one year40/41€2.7m€2.2m▼
Trade receivables40€2.7m€2.1m▼
Other amounts receivable41€0.04m€0.08m▲
Current investments50/53€0.3m€0.3m=
Cash at bank and in hand54/58€0.1m€0.1m▲
Deferred charges and accrued income490/1€0.01m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€5.7m€5.1m▼
Equity10/15€0.2m€0.5m▲
Contributions10/11€0.01m€0.01m=
Reserves13€0.05m€0.05m=
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€0.04m€0.04m=
Profit (loss) carried forward14€0.2m€0.5m▲
Amounts payable17/49€5.4m€4.6m▼
Amounts payable after more than one year17€1.6m€1.5m▼
Financial debts170/4€1.6m€1.4m▼
Other amounts payable178/9-€0.1m
Amounts payable within one year42/48€3.8m€3.1m▼
Current portion of amounts payable after more than one year42€0.6m€0.7m▲
Financial debts43€0.6m€0.7m▲
Credit institutions430/8€0.6m€0.7m▲
Trade debts44€2.3m€1.3m▼
Suppliers440/4€2.3m€1.3m▼
Taxes, remuneration and social security45€0.2m€0.3m▲
Taxes450/3€0.02m€0.08m▲
Remuneration and social security454/9€0.2m€0.3m▲
Other amounts payable47/48€0.3m€0.05m▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€1.6m€1.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.7m€0.9m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.3m€0.08m▼
Other operating charges640/8€0.07m€0.08m▲
Gross operating margin9900€2.7m€3.3m▲
Operating profit (loss)9901€0.004m€0.5m▲
Financial income75/76B€0.01m€0.005m▼
Recurring financial income75€0.01m€0.005m▼
Financial charges65/66B€0.3m€0.2m▼
Recurring financial charges65€0.3m€0.2m▼
Profit (loss) for the period before taxes9903-€0.3m€0.3m▲
Income taxes67/77€0.001m€0.03m▲
Profit (loss) for the period9904-€0.3m€0.3m▲
Profit (loss) for the period to be appropriated9905-€0.3m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.5m▲
Profit (loss) brought forward from the previous period14P€0.4m€0.2m▼
Social balance sheet
Average headcount (FTE)908733.634.7▲

The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70----€0----
Goods, raw materials, services and sundry goods60/61----€0----
Remuneration, social security and pensions62---€0.4m€0.7m€1.4m€1.6m€1.7m▲ 3.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.04m€0.1m€0.07m€0.3m€0.5m€0.7m€0.9m▲ 28.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0.3m€0.08m▼ 72.6%
Other operating charges640/8---€0.004m€0.01m€0.02m€0.07m€0.08m▲ 12.4%
Gross operating margin9900€0.2m€0.2m€0.4m€0.5m€1.2m€2.2m€2.7m€3.3m▲ 22.2%
Operating profit (loss)9901€0.05m€0.02m€0.1m€0.06m€0.2m€0.3m€0.004m€0.5m▲ 15,209%
Financial income75/76B---€198€0.003m€93€0.01m€0.005m▼ 46.0%
Recurring financial income75€0.003m€80€3€198€0.003m€93€0.01m€0.005m▼ 46.0%
Financial charges65/66B---€0.02m€0.08m€0.1m€0.3m€0.2m▼ 9.8%
Recurring financial charges65€0.02m€0.003m€0.008m€0.02m€0.08m€0.1m€0.3m€0.2m▼ 9.8%
Profit (loss) for the period before taxes9903€0.04m€0.02m€0.09m€0.04m€0.1m€0.2m-€0.3m€0.3m-
Income taxes67/77€0.01m€0.005m€0.03m€0.01m-€0.003m€0.001m€0.001m€0.03m▲ 2,858%
Profit (loss) for the period9904€0.03m€0.01m€0.06m€0.03m€0.1m€0.2m-€0.3m€0.3m-
Profit (loss) for the period to be appropriated9905€0.03m€0.01m€0.06m€0.03m€0.1m€0.2m-€0.3m€0.3m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.2m€0.7m€1.3m€1.2m€3.3m€4.6m€5.7m€5.1m▼ 10.5%
Fixed assets21/28€0.07m€0.05m€0.3m€0.3m€1.4m€2.7m€2.5m€2.4m▼ 5.9%
Tangible fixed assets22/27€0.07m€0.05m€0.3m€0.3m€1.4m€2.7m€2.5m€2.4m▼ 6.4%
Land and buildings22-----€0.5m€0.5m€0.7m▲ 47.9%
Plant, machinery and equipment23---€0.06m€0.2m€0.2m€0.3m€0.2m▼ 35.4%
Furniture and vehicles24---€0.07m€0.1m€0.1m€0.2m€0.2m▼ 2.1%
Leasing and similar rights25---€0.2m€1.1m€1.9m€1.5m€1.2m▼ 19.4%
Assets under construction and advance payments27------€0.006m€0▼ 100%
Financial fixed assets28€185€235€0€50€50€0.003m€124€0.01m▲ 10,376%
Current assets29/58€0.1m€0.6m€0.9m€0.8m€2.0m€1.9m€3.2m€2.7m▼ 14.1%
Amounts receivable after more than one year29----€0.2m€0.1m€0--
Other amounts receivable291----€0.2m€0.1m€0--
Stocks and contracts in progress3€0€0.008m€0.001m€0.001m€0.9m€0.02m€0.04m€0.08m▲ 123%
Stocks30/36---€0.001m€0.9m€0.02m€0.04m€0.08m▲ 123%
Amounts receivable within one year40/41€0.1m€0.6m€0.8m€0.8m€0.8m€1.7m€2.7m€2.2m▼ 18.4%
Trade receivables40---€0.6m€0.6m€1.4m€2.7m€2.1m▼ 20.2%
Other amounts receivable41---€0.2m€0.2m€0.3m€0.04m€0.08m▲ 108%
Current investments50/53------€0.3m€0.3m=
Cash at bank and in hand54/58€0.02m€0.003m€0.1m€0.09m€0.09m€0.03m€0.1m€0.1m▲ 0.6%
Deferred charges and accrued income490/1---€0.006m€0.007m€0.02m€0.01m€0.02m▲ 82.0%
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.7m€1.3m€1.2m€3.3m€4.6m€5.7m€5.1m▼ 10.5%
Equity10/15€0.04m€0.06m€0.1m€0.1m€0.3m€0.5m€0.2m€0.5m▲ 124%
Contributions10/11€0.01m€0.01m-€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.006m€0.03m€0.05m€0.05m€0.05m€0.05m€0.05m€0.05m=
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.04m€0.04m€0.04m€0.04m€0.04m=
Profit (loss) carried forward14€0.03m€0.01m€0.06m€0.09m€0.2m€0.4m€0.2m€0.5m▲ 166%
Amounts payable17/49€0.2m€0.6m€1.1m€1.0m€3.1m€4.1m€5.4m€4.6m▼ 16.1%
Amounts payable after more than one year17€0.02m€0.01m€0.2m€0.2m€1.7m€1.8m€1.6m€1.5m▼ 7.3%
Financial debts170/4---€0.2m€1.7m€1.8m€1.6m€1.4m▼ 13.6%
Other amounts payable178/9-------€0.1m-
Amounts payable within one year42/48€0.1m€0.6m€1.0m€0.8m€1.3m€2.3m€3.8m€3.1m▼ 19.8%
Current portion of amounts payable after more than one year42---€0.1m€0.4m€0.5m€0.6m€0.7m▲ 23.8%
Financial debts43----€0.1m€0.1m€0.6m€0.7m▲ 26.1%
Credit institutions430/8----€0.1m€0.1m€0.6m€0.7m▲ 26.1%
Trade debts44€0.09m€0.5m€0.6m€0.6m€0.5m€1.2m€2.3m€1.3m▼ 43.8%
Suppliers440/4---€0.6m€0.5m€1.2m€2.3m€1.3m▼ 43.8%
Taxes, remuneration and social security45---€0.07m€0.04m€0.08m€0.2m€0.3m▲ 76.9%
Taxes450/3---€0.05m€0.02m€0.02m€0.02m€0.08m▲ 315%
Remuneration and social security454/9---€0.02m€0.02m€0.06m€0.2m€0.3m▲ 51.1%
Other amounts payable47/48---€0.06m€0.3m€0.4m€0.3m€0.05m▼ 81.6%
Accrued charges and deferred income492/3---€0.002m€0.02m€0.04m€0--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.03m€0.01m€0.06m€0.03m€0.1m€0.2m-€0.3m€0.3m-
+ Depreciation and write-downs630€0.03m€0.04m€0.1m€0.07m€0.3m€0.5m€0.7m€0.9m▲ 28.1%
Operating cash flow (approximation)€0.06m€0.05m€0.2m€0.1m€0.4m€0.8m€0.4m€1.2m▲ 171%
Investment in fixed assets (approximation)--€0.02m-€0.4m-€0.07m-€1.3m-€1.9m-€0.5m-€0.7m▼ 45.4%
Change in cash--€0.02m€0.1m-€0.04m-€83-€0.06m€0.09m€0.001m▼ 99.1%

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 (9)
Financial year Type Filed Reference
31-12-2025 full format 13-04-2026 2026-00078042
31-12-2024 full format 04-12-2025 2025-00575891
31-12-2023 full format 18-05-2024 2024-00090583
31-12-2022 full format 03-07-2023 2023-00187287
31-12-2021 full format 29-07-2022 2022-20243801
31-12-2020 full format 14-05-2021 2021-14100224
31-12-2019 full format 02-10-2020 2020-58600376
31-12-2018 micro format 11-10-2019 2019-70100244
31-12-2017 full format 03-01-2019 2019-00600524

Similar companies · same sector, comparable size

Of the 29,213 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 9,176 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.

Directors

Directors
1 director, last change in 2026
BLAVIER David
Director (not named in the articles) · since 21-08-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BLAVIER David
  • Director (not named in the articles), from 21-08-2026 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 21-08-2026 Converted to unavailable equity

Group and network

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
EDBR
via BLAVIER David · Director (not named in the articles)
→
HB METAL
via BLAVIER David · Director
former→

History

On 9 January 2017, DBR CONSTRUCT was incorporated.1 In 2025 the registered office moved to Flémalle.2 The name was changed to DBR CONSTRUCT in 2026.3 Total assets went from €200,972 in 2018 to €5.1m in 2025 and headcount from 3.3 to 34.7 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-11-2025
  3. 3Belgian Official Gazette, 21-08-2026
  4. 4National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
21-08
Gazette deed Appointment: BLAVIER David (director)
Name change · Capital conversion · Reserve release8 facts ▸
  • General meeting, 13-08-2026
  • Name change, DBR CONSTRUCT
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
  • Amendment of the articles
  • Capital
  • Director appointment, BLAVIER David (director (not named in the articles))
  • Registered office clause, “4400 Flémalle, Sart d'Avette 140” (deed in French)
13-04
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Back to profitnet €282,918
Net result €282,918 after one loss-making year.
31-12
Financial Equity above €500,000equity €511,341 ▲124%
Equity rises from €228,423 to €511,341.
04-12
NBB filing Annual accounts filed
financial year 2024 · full format · 126 days late
18-11
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 01-10-2025
  • Registered-office move, 4400 Flémalle, Sart d'Avette, 140
2024
31-12
Financial Weakest financial yearnet -€256,962
Net result drops to -€256,962, the lowest in the series; recovery starts the following year.
18-05
NBB filing Annual accounts filed
financial year 2023 · full format
2023
03-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Equity above €200,000equity €264,536 ▲77.9%
A profit in every financial year since 2018 builds equity to €264,536.
29-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
14-05
NBB filing Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
31-12
Financial Equity above €100,000equity €117,110 ▲106%
A profit in every financial year since 2018 builds equity to €117,110.
02-10
NBB filing Annual accounts filed
financial year 2019 · full format · 63 days late
2019
11-10
NBB filing Annual accounts filed
financial year 2018 · micro format · 72 days late
03-01
NBB filing Annual accounts filed
financial year 2017 · full format · 156 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 6 deeds read
About the unread acts

Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded09-01-2017
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002General construction of office buildings
41003General construction of other non-residential buildings
42211Civil engineering
42220Construction of utility projects for electricity and telecommunications
43110Demolition
43120Site preparation
43910Bricklaying and masonry work
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:0668873990
Also 9925:BE0668873990
Registered 30-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 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 0668.873.990

Recognitions · licences · registrations

Recognised contractor

3 categories
DBR Construct SPRL SRLapproval no. 41340
  • D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • G5 Demolitionclass 1, up to €162,000
decision 12-05-2021

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2017
registered office establishment approximate The establishment unit on the map
Ground area
3,168 m²
Parcel 62007B1029/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DBR Construct
Sart d'Avette(AWR) 140, 4400 FlémalleGeneral construction of residential buildings
since 2017unit no. 2.271.360.611
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62007B1029/00A000 Wallonia 3,168 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Entreprise de construction, de bâtiments pour le gros-œuvre et la maçonnerie, et de manière générale, l’entreprise générale de construction…” (deed in French)
28 activities (deed in French)
  1. Entreprise de construction, de bâtiments pour le gros-œuvre et la maçonnerie, et de manière générale, l’entreprise générale de construction travaillant avec des sous-traitants pour des activités réglementées qui ne sont pas prévues dans le présent objet
  2. Activités d’entrepreneur en travaux de démolition
  3. Activités d’entrepreneur en étanchéité de constructions
  4. Activités d’entrepreneur en vitrage
  5. Activités d’entrepreneur en carrelage
  6. Activités d’entrepreneur en plafonnage
  7. Activités d’entrepreneur en cimentage
  8. Activités d’entrepreneur en menuiserie et charpenterie
  9. Activités d’entrepreneur en travaux de restauration et rejointoiement
  10. Activités d’entrepreneur en travaux de couvertures de construction
  11. Activités d’entrepreneur en terrassement
  12. Activité d’intermédiaire et de conseil dans les domaines précités
  13. Conseil en management
  14. Bureau d’étude
  15. Immobilier
  16. Gestion du bâtiment
  17. Gestion d’immeuble (acquisition, location, construction, etc)
  18. Prestations administratives
  19. Toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, se rapportant directement ou indirectement à son objet
  20. Acquisition, aliénation, prise ou location de tous immeubles ou fonds de commerce
  21. Acquisition, création, cession de tous brevets, licences, marques de fabrique et de commerce
  22. S’intéresser de toutes manières et en tous lieux, dans toutes sociétés ou entreprises dont l’objet serait similaire, analogue ou connexe ou de nature à favoriser le sien ou serait susceptible de constituer pour elle une source ou un débouché
  23. Le transport routier de marchandise et toutes activités qu’il implique ou annexes
  24. L’entreprise de déménagement et toutes les activités qu’elle implique ou annexes (par exemple : garde meubles, etc)
  25. La location de voitures automobiles et toutes activités qu’elle implique ou annexes
  26. Activité de car-wash, truck-wash, location de tous types de véhicules ou matériel roulant, etc…
  27. L’activité de logistique et toutes activités qu’elle implique ou annexes
  28. S’intéresser par toutes voies dans toutes sociétés, entreprises, ayant un objet similaire ou connexe, ou qui sont de nature à favoriser le développement de son entreprise

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DBR CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, Belgique et étranger” (deed in French)

deed of 21-08-2026

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, organe d'administration” (deed in French)
“Assemblée générale décide si le mandat est exercé gratuitement” (deed in French)
1 more provision on this in the deed

deed of 21-08-2026

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Titulaires peuvent prendre connaissance du registre relatif à leurs titres, nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Entre vifs ou pour cause de mort, sans agrément, à un actionnaire, au conjoint du cédant ou du testateur, aux ascendants ou descendants en…” (deed in French)
1 more provision on this in the deed
Share issue ruleHow and by whom new shares can be issued.
“Actionnaire unique administrateur détermine librement les versements ultérieurs sur les actions souscrites en espèces et non entièrement…” (deed in French)
“Offertes par préférence aux actionnaires existants, proportionnellement au nombre d’actions qu’ils détiennent, courrier électronique ou…” (deed in French)
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Bénéfice annuel net, proposition de l'organe d'administration” (deed in French)

deed of 21-08-2026

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
29 June at 18:00
Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
“E-mails, ordre du jour” (deed in French)
Meeting accessWho may attend the meeting and what is needed to be admitted.
“Toute personne peut renoncer à la convocation, présente ou représentée à l'assemblée” (deed in French)

deed of 21-08-2026

Oversight and winding up

Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
“Un ou plusieurs commissaires, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur n'aurait été désigné, le ou les administrateurs en fonction” (deed in French)

deed of 21-08-2026

Other provisionsOther rules from the articles that fall under none of the themes above.

Written decision: “La proposition de décision écrite envoyée peut déterminer que l'approbation doit parvenir au siège avant une date bien définie, si la…” (deed in French)
Liquidation distribution: “Biens conservés remis pour être partagés dans la même proportion, actif net réparti entre tous les actionnaires en proportion de leurs…” (deed in French)
Other provision: “Tout actionnaire, administrateur, commissaire, liquidateur ou porteur d'obligations domicilié à l'étranger, élection de domicile” (deed in French)
Other provision: “Tout litige entre la société, ses actionnaires, administrateurs, commissaires et liquidateurs relatifs aux affaires de la société et à…” (deed in French)
Other provision: “Les dispositions du Code des sociétés et des associations auxquelles il ne serait pas licitement dérogé sont réputées inscrites dans les…” (deed in French)
12 more provisions in the deed, see the deed of 21-08-2026

deed of 21-08-2026