DBR CONSTRUCT
ActiveSummary
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
- Staff
- 34.7 FTE
- Equity
- €511,341
- Profit
- €282,918
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
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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
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)
- Appointment: BLAVIER David (director)Name change · Capital conversion…
- Annual accounts filedfinancial year 2025 · full…
- Back to profitnet €282,918
Financials · financial year 2025, full format
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.
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 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).
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| 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.
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
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BLAVIER David |
|
Owners and capital
Capital and shareholders
- 21-08-2026 Converted to unavailable equity
Group and network
Connections & network
2 connected companiesThe connected companies are in the list below.
History
Acts, filings and financial milestones
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)
18-11
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 01-10-2025
- Registered-office move, 4400 Flémalle, Sart d'Avette, 140
Show earlier events
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.
Register details
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- 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
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62007B1029/00A000 | Wallonia | 3,168 m² | - | - |
How the parcels are linked
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)
- 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
- Activités d’entrepreneur en travaux de démolition
- Activités d’entrepreneur en étanchéité de constructions
- Activités d’entrepreneur en vitrage
- Activités d’entrepreneur en carrelage
- Activités d’entrepreneur en plafonnage
- Activités d’entrepreneur en cimentage
- Activités d’entrepreneur en menuiserie et charpenterie
- Activités d’entrepreneur en travaux de restauration et rejointoiement
- Activités d’entrepreneur en travaux de couvertures de construction
- Activités d’entrepreneur en terrassement
- Activité d’intermédiaire et de conseil dans les domaines précités
- Conseil en management
- Bureau d’étude
- Immobilier
- Gestion du bâtiment
- Gestion d’immeuble (acquisition, location, construction, etc)
- Prestations administratives
- Toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières, se rapportant directement ou indirectement à son objet
- Acquisition, aliénation, prise ou location de tous immeubles ou fonds de commerce
- Acquisition, création, cession de tous brevets, licences, marques de fabrique et de commerce
- 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
- Le transport routier de marchandise et toutes activités qu’il implique ou annexes
- L’entreprise de déménagement et toutes les activités qu’elle implique ou annexes (par exemple : garde meubles, etc)
- La location de voitures automobiles et toutes activités qu’elle implique ou annexes
- Activité de car-wash, truck-wash, location de tous types de véhicules ou matériel roulant, etc…
- L’activité de logistique et toutes activités qu’elle implique ou annexes
- 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
- 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)
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
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)
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)
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)