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DC BORINGEN

Open bankruptcy
Private limited companyfounded 2006Koning Boudewijnlaan 20, 3500 Hasselt, BelgiumKBO/BCE: BE 0883.546.769
Summary

A bankruptcy procedure is open for DC BORINGEN according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €31,891 and a net result of -€15,615.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
26 March 2026
Supervising judge
Jo Kenis
Official Gazette
01-04-2026 (pdf) ↗search the document for 2026/114121

Deadlines

Provisional date payments stopped
26 March 2026A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 16 April 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 25 April 2026art. XX.104 and XX.155 CEL
First verification report
passed on 7 May 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
26 March 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36380 sector peers (2024).
NBB · sector comparison
Position among 36380 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
50 d early
2023
62 d early
2022
46 d early
2021
54 d early
2020
64 d early
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 47 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 September 2006, DC BORINGEN was incorporated.1 Total assets went from EUR 571,515 in 2018 to EUR 337,370 in 2024 and headcount from 7 to 2.8 full-time equivalents.2 The company was declared bankrupt on 26 March 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 01-04-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€31,891▼ 32.9%
2023 · €47,506
Total assets
€337,370▼ 6.5%
2023 · €360,702
Net result
-€15,615
2023 · €43,286
Working capital
-€18,457
2023 · €6,421
Trend over the years

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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€16,884€13,529▼ 19.9%€24,497▲ 81.1%€73,645▲ 201%-€3,237
Net result-€623below the sector's middle half▲ 98.6%-€4,007below the sector's middle half▼ 543%-€1,542below the sector's middle half▲ 61.5%€43,286above the sector's middle half-€15,615below the sector's middle half
Equity€25,271within the sector's middle half▼ 2.4%€21,264within the sector's middle half▼ 15.9%€19,722below the sector's middle half▼ 7.3%€47,506within the sector's middle half▲ 141%€31,891within the sector's middle half▼ 32.9%
Total assets€502,927above the sector's middle half▼ 10.0%€530,084above the sector's middle half▲ 5.4%€347,825above the sector's middle half▼ 34.4%€360,702above the sector's middle half▲ 3.7%€337,370above the sector's middle half▼ 6.5%
Debt€477,656▼ 10.4%€508,821▲ 6.5%€328,104▼ 35.5%€313,196▼ 4.5%€305,479▼ 2.5%
Working capital-€60,474▼ 45.4%-€66,306▼ 9.6%-€33,858▲ 48.9%€6,421-€18,457
Solvency5.0%below the sector's middle half▲ 0.4pp4.0%below the sector's middle half▼ 1.0pp5.7%below the sector's middle half▲ 1.7pp13.2%below the sector's middle half▲ 7.5pp9.5%below the sector's middle half▼ 3.7pp
Staff (FTE)5.3above the sector's middle half▼ 22.1%6.6▲ 24.5%5.7▼ 13.6%3.8▼ 33.3%2.8▼ 26.3%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2020: €16,884€16,884Net result 2020: -€623-€623Operating result 2021: €13,529€13,529Net result 2021: -€4,007-€4,007Operating result 2022: €24,497€24,497Net result 2022: -€1,542-€1,542Operating result 2023: €73,645€73,645Net result 2023: €43,286€43,286Operating result 2024: -€3,237-€3,237Net result 2024: -€15,615-€15,61520202021202220232024-€25,000€0€25,000€50,000€75,000Operating result 2022: €24,497€24,500Net result 2022: -€1,542-€1,540Operating result 2023: €73,645€73,600Net result 2023: €43,286€43,300Operating result 2024: -€3,237-€3,240Net result 2024: -€15,615-€15,600202220232024
The operating result turns negative in 2024: a loss of €3,237 after €73,645 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €332,747
Fixed assets €45,824 ▲ 40.8%
Current assets €286,922 ▼ 10.2%
Equity and liabilities €337,370
Equity €31,891 ▼ 32.9%
Debt €305,479 ▼ 2.5%
Debt's share of the balance-sheet total rises from 86.8% to 90.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18,060▼
2023 · €101,802
Cash flow
€5,682▼
2023 · €71,444
Current ratio
0.94▼
2023 · 1.02
Quick ratio
0.85▼
2023 · 0.96
Debt to equity
9.58▲
2023 · 6.59
ROE
-49.0%▼
2023 · 91.1%
ROA
-4.6%▼
2023 · 12.0%
Interest coverage
1.45▼
2023 · 6.48
Debt ≤ 1 year
€305,380▼
2023 · €313,196
Income taxes
€140▼
2023 · €16,373
Staff costs
€138,535▼
2023 · €151,870
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet Code20232024
Assets
Total assets20/58€360,702€337,370▼
Formation expenses20€8,544€4,623▼
Fixed assets21/28€32,541€45,824▲
Tangible fixed assets22/27€25,891€39,174▲
Plant, machinery and equipment23€14,438€28,435▲
Furniture and vehicles24€6,533€6,484▼
Leasing and similar rights25€0-
Other tangible fixed assets26€4,920€4,255▼
Financial fixed assets28€6,650€6,650=
Current assets29/58€319,617€286,922▼
Stocks and contracts in progress3€17,407€28,710▲
Stocks30/36€17,407€28,710▲
Amounts receivable within one year40/41€283,499€240,899▼
Trade receivables40€222,208€187,633▼
Other amounts receivable41€61,291€53,267▼
Cash at bank and in hand54/58€13,277€8,721▼
Deferred charges and accrued income490/1€5,435€8,592▲
Equity and liabilities
Total equity and liabilities10/49€360,702€337,370▼
Equity10/15€47,506€31,891▼
Contributions10/11€14,067€14,067=
Reserves13€33,439€33,439=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€33,439€33,439=
Profit (loss) carried forward14€0-€15,615▼
Amounts payable17/49€313,196€305,479▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€313,196€305,380▼
Current portion of amounts payable after more than one year42€2,904€0▼
Financial debts43€95,459€100,000▲
Credit institutions430/8€95,459€100,000▲
Trade debts44€182,363€179,021▼
Suppliers440/4€182,363€179,021▼
Taxes, remuneration and social security45€17,744€26,358▲
Taxes450/3€13,761€6,942▼
Remuneration and social security454/9€3,983€19,416▲
Other amounts payable47/48€14,727€0▼
Accrued charges and deferred income492/3€0€99▲
Income statement Code20232024
Non-recurring operating income76A€3,722€0▼
Remuneration, social security and pensions62€151,870€138,535▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,158€21,297▼
Other operating charges640/8€7,646€7,016▼
Non-recurring operating charges66A€1,278€0▼
Gross operating margin9900€262,596€163,611▼
Operating profit (loss)9901€73,645-€3,237▼
Financial income75/76B€1,724€189▼
Recurring financial income75€1,724€189▼
Financial charges65/66B€15,710€12,427▼
Recurring financial charges65€15,710€12,427▼
Profit (loss) for the period before taxes9903€59,659-€15,475▼
Income taxes67/77€16,373€140▼
Profit (loss) for the period9904€43,286-€15,615▼
Profit (loss) for the period to be appropriated9905€43,286-€15,615▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,579-€15,615▼
Profit (loss) brought forward from the previous period14P-€11,707€0▲
Transfer from equity791/2€15,502€0▼
Transfer to equity691/2€31,579€0▼
To other reserves6921€31,579€0▼
Profit to be distributed694/7€15,502€0▼
Return on contributions (dividend)694€15,502€0▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€12,394€25,251€3,722€0▼ 100%
Remuneration, social security and pensions62-€260,973€278,606€151,870€138,535▼ 8.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64,664€56,050€41,000€28,158€21,297▼ 24.4%
Other operating charges640/8-€14,177€7,424€7,646€7,016▼ 8.2%
Non-recurring operating charges66A-€1,654€486€1,278€0▼ 100%
Gross operating margin9900€356,378€346,382€352,013€262,596€163,611▼ 37.7%
Operating profit (loss)9901€16,884€13,529€24,497€73,645-€3,237▼ 104%
Financial income75/76B-€630€794€1,724€189▼ 89.0%
Recurring financial income75€985€630€794€1,724€189▼ 89.0%
Financial charges65/66B-€17,246€25,926€15,710€12,427▼ 20.9%
Recurring financial charges65€17,261€17,246€25,926€15,710€12,427▼ 20.9%
Non-recurring financial charges66B-€0----
Profit (loss) for the period before taxes9903€358-€3,087-€635€59,659-€15,475▼ 126%
Income taxes67/77€981€921€907€16,373€140▼ 99.1%
Profit (loss) for the period9904-€623-€4,007-€1,542€43,286-€15,615▼ 136%
Profit (loss) for the period to be appropriated9905-€623-€4,007-€1,542€43,286-€15,615▼ 136%
Line20202021202220232024Change
Assets
Total assets20/58€502,927€530,084€347,825€360,702€337,370▼ 6.5%
Formation expenses20€1,540€6,184€12,465€8,544€4,623▼ 45.9%
Fixed assets21/28€313,539€267,519€46,836€32,541€45,824▲ 40.8%
Tangible fixed assets22/27€313,404€267,384€40,401€25,891€39,174▲ 51.3%
Land and buildings22-€202,337€0---
Plant, machinery and equipment23-€29,603€14,269€14,438€28,435▲ 96.9%
Furniture and vehicles24-€17,934€14,245€6,533€6,484▼ 0.7%
Leasing and similar rights25-€11,088€5,544€0--
Other tangible fixed assets26-€6,422€6,343€4,920€4,255▼ 13.5%
Financial fixed assets28€135€135€6,435€6,650€6,650=
Current assets29/58€187,848€256,382€288,525€319,617€286,922▼ 10.2%
Stocks and contracts in progress3€24,495€23,310€27,190€17,407€28,710▲ 64.9%
Stocks30/36-€23,310€27,190€17,407€28,710▲ 64.9%
Amounts receivable within one year40/41€127,249€192,458€225,458€283,499€240,899▼ 15.0%
Trade receivables40-€177,058€210,201€222,208€187,633▼ 15.6%
Other amounts receivable41-€15,399€15,257€61,291€53,267▼ 13.1%
Cash at bank and in hand54/58€29,774€35,221€28,929€13,277€8,721▼ 34.3%
Deferred charges and accrued income490/1-€5,393€6,948€5,435€8,592▲ 58.1%
Equity and liabilities
Total equity and liabilities10/49€502,927€530,084€347,825€360,702€337,370▼ 6.5%
Equity10/15€25,271€21,264€19,722€47,506€31,891▼ 32.9%
Contributions10/11-€14,067€14,067€14,067€14,067=
Reserves13€17,362€17,362€17,362€33,439€33,439=
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133-€15,502€15,502€33,439€33,439=
Profit (loss) carried forward14-€6,157-€10,165-€11,707€0-€15,615-
Amounts payable17/49€477,656€508,821€328,104€313,196€305,479▼ 2.5%
Amounts payable after more than one year17€222,454€185,546€2,904€0--
Financial debts170/4-€185,546€2,904€0--
Amounts payable within one year42/48€248,322€322,688€322,383€313,196€305,380▼ 2.5%
Current portion of amounts payable after more than one year42-€26,185€6,867€2,904€0▼ 100%
Financial debts43-€139,066€100,000€95,459€100,000▲ 4.8%
Credit institutions430/8-€139,066€100,000€95,459€100,000▲ 4.8%
Trade debts44€63,909€91,756€91,842€182,363€179,021▼ 1.8%
Suppliers440/4-€91,756€91,842€182,363€179,021▼ 1.8%
Taxes, remuneration and social security45-€42,181€106,674€17,744€26,358▲ 48.5%
Taxes450/3-€8,942€34,691€13,761€6,942▼ 49.6%
Remuneration and social security454/9-€33,239€71,983€3,983€19,416▲ 388%
Other amounts payable47/48-€23,500€17,000€14,727€0▼ 100%
Accrued charges and deferred income492/3-€587€2,817€0€99-
Line20202021202220232024Change
Profit (loss) for the period9904-€623-€4,007-€1,542€43,286-€15,615▼ 136%
+ Depreciation and write-downs630€64,664€56,050€41,000€28,158€21,297▼ 24.4%
Operating cash flow (approximation)€64,041€52,042€39,458€71,444€5,682▼ 92.0%
Investment in fixed assets (approximation)--€10,029€179,683-€13,863-€34,581▼ 149%
Change in cash-€5,447-€6,292-€15,653-€4,556▲ 70.9%

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

Timeline · acts, filings and financial milestones

2026
01-04
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 26-03-2026
2025
11-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €43,286
Net result €43,286 after 5 loss-making years.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet -€44,556
Net result drops to -€44,556, the lowest in the series.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 Belgian State Gazette acts for this company. None of them has 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.

Directors · office · real estate

Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2006
seat establishment approximate The establishment unit on the map
Ground area
6,122 m²
Parcel 71323C0155/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
DC Boringen
Koning Boudewijnlaan 20, 3500 HasseltNACE 45250
since 20062.156.688.201
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0155/00H002 Flanders 6,122 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator KRISTIEN HANSSEN
DIEPLAAN 57, 3600 GENK-
26-03-2026 → present
Curator TANGUY PAQUET
DIEPLAAN 57, 3600 GENK
26-03-2026 → present

Similar companies · same sector, comparable size

Of 607 companies in sector 43130 we hold annual accounts for 302. 196 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43130Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0883546769
Also 9925:BE0883546769

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.