DCconnect
ActiveSummary
DCconnect has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €433,421 and a net result of €233,021. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 93% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-10-2016 Normal situation
- Activity
- Activities of head offices NACE 70100and 1 other
- Establishment unit
- 2.257.718.748 9300 Aalst, since 12-10-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 07-05-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €52,966
- ▼ 50.1%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €233,021
- ▲ 113%
- Equity
- €433,421
- ▲ 116%
- Total assets
- €460,972
- ▲ 16.0%
Score breakdownlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 15.11, cash €88,634Equity €433,421 (94.0% of total assets)Size: total assets €460,972Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 86% of them on solvency, 66% on liquidity, 84% on profitability and 91% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 15-06-2026 at the NBB all 9 filings
Every figure per financial year
The operating result for 2025 is 59% lower than in 2024 and the lowest since 2021.
- 2025 Net result +113% on 2024. The accounts now follow the micro format, last year the abbreviated format.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €82,991 | €4,850 | €1,721 |
| Financial fixed assets | €240,340 | - | - | - | - |
| Depreciation and write-downs of the year | €6,377 | €2,821 | €6,450 | €15,397 | €15,692 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €2,178 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,258 | €7,349 | €7,281 | €6,377 | €2,821 | €6,450 | €15,397 | €15,692 | ▲ 1.9% |
| Other operating charges640/8 | - | - | - | €1,173 | €737 | €760 | €462 | €400 | ▼ 13.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €67 | - |
| Gross operating margin9900 | €71,227 | €66,476 | €48,370 | €111,381 | €92,705 | €70,977 | €106,091 | €52,966 | ▼ 50.1% |
| Operating profit (loss)9901 | €63,518 | €58,037 | €40,414 | €103,831 | €89,147 | €63,767 | €90,232 | €36,808 | ▼ 59.2% |
| Financial income75/76B | - | - | - | €15,007 | €50,000 | €55,785 | €50,201 | €230,162 | ▲ 358% |
| Recurring financial income75 | - | €52 | €83 | €15,007 | €50,000 | €50,000 | €50,201 | €230,162 | ▲ 358% |
| Non-recurring financial income76B | - | - | - | - | - | €5,785 | - | - | - |
| Financial charges65/66B | - | - | - | €2,685 | €2,547 | €1,872 | €1,685 | €681 | ▼ 59.6% |
| Recurring financial charges65 | €364 | €194 | €99 | €2,685 | €2,547 | €1,872 | €1,685 | €681 | ▼ 59.6% |
| Profit (loss) for the period before taxes9903 | €63,154 | €57,895 | €40,397 | €116,153 | €136,600 | €117,680 | €138,748 | €266,289 | ▲ 91.9% |
| Income taxes67/77 | €14,905 | €13,213 | €8,999 | €22,540 | €23,403 | €17,232 | €29,513 | €33,268 | ▲ 12.7% |
| Profit (loss) for the period9904 | €48,249 | €44,682 | €31,398 | €93,613 | €113,198 | €100,448 | €109,234 | €233,021 | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €48,249 | €44,682 | €31,398 | €93,613 | €113,198 | €100,448 | €109,234 | €233,021 | ▲ 113% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €179,383 | €200,443 | €218,397 | €439,180 | €355,036 | €405,557 | €397,339 | €460,972 | ▲ 16.0% |
| Formation expenses20 | - | - | - | - | €1,140 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €20,923 | €14,450 | €9,891 | €243,854 | €241,069 | €318,750 | €308,203 | €54,165 | ▼ 82.4% |
| Tangible fixed assets22/27 | €20,923 | €14,450 | €9,891 | €3,514 | €729 | €78,410 | €67,863 | €53,825 | ▼ 20.7% |
| Land and buildings22 | - | - | - | €1,586 | €0 | €21,419 | €18,664 | €15,909 | ▼ 14.8% |
| Plant, machinery and equipment23 | - | - | - | €866 | €600 | €333 | €1,919 | €1,389 | ▼ 27.6% |
| Furniture and vehicles24 | - | - | - | €1,063 | €129 | €56,658 | €47,280 | €36,528 | ▼ 22.7% |
| Financial fixed assets28 | - | - | - | €240,340 | €240,340 | €240,340 | €240,340 | €340 | ▼ 99.9% |
| Current assets29/58 | €158,460 | €185,994 | €208,506 | €195,326 | €112,828 | €86,807 | €89,136 | €406,807 | ▲ 356% |
| Amounts receivable within one year40/41 | €47,647 | €38,713 | €28,993 | €70,331 | €100,857 | €35,857 | €65,733 | €11,168 | ▼ 83.0% |
| Trade receivables40 | - | - | - | €70,331 | €89,760 | €33,089 | €65,733 | €1,283 | ▼ 98.0% |
| Other amounts receivable41 | - | - | - | - | €11,097 | €2,768 | - | €9,886 | - |
| Current investments50/53 | - | - | - | - | - | - | - | €300,000 | - |
| Cash at bank and in hand54/58 | €110,318 | €146,685 | €174,097 | €119,011 | €5,575 | €44,242 | €16,469 | €88,634 | ▲ 438% |
| Deferred charges and accrued income490/1 | - | - | - | €5,983 | €6,396 | €6,709 | €6,934 | €7,004 | ▲ 1.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €179,383 | €200,443 | €218,397 | €439,180 | €355,036 | €405,557 | €397,339 | €460,972 | ▲ 16.0% |
| Equity10/15 | €122,826 | €167,508 | €73,906 | €77,519 | €90,717 | €191,166 | €200,400 | €433,421 | ▲ 116% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €104,226 | €148,908 | €55,306 | €58,919 | €72,117 | €172,566 | €181,800 | €414,821 | ▲ 128% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €57,059 | €72,117 | €172,566 | €181,800 | €414,821 | ▲ 128% |
| Amounts payable17/49 | €56,557 | €32,935 | €144,491 | €361,661 | €264,319 | €214,391 | €196,939 | €27,551 | ▼ 86.0% |
| Amounts payable after more than one year17 | - | - | - | €118,633 | €82,786 | €46,360 | €9,346 | - | - |
| Financial debts170/4 | - | - | - | €118,633 | €82,786 | €46,360 | €9,346 | - | - |
| Amounts payable within one year42/48 | €55,151 | €32,594 | €144,109 | €241,780 | €180,663 | €166,808 | €186,670 | €26,928 | ▼ 85.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €35,277 | €35,973 | €36,426 | €37,014 | - | - |
| Trade debts44 | €33,859 | €18,103 | €15,623 | €2,560 | €16,118 | €7,993 | €3,405 | €6,709 | ▲ 97.0% |
| Suppliers440/4 | - | - | - | €2,560 | €16,118 | €7,993 | €3,405 | €6,709 | ▲ 97.0% |
| Taxes, remuneration and social security45 | - | - | - | €41,370 | €30,278 | €6,808 | €32,234 | €20,219 | ▼ 37.3% |
| Taxes450/3 | - | - | - | €41,370 | €30,278 | €6,808 | €32,234 | €20,219 | ▼ 37.3% |
| Other amounts payable47/48 | - | - | - | €162,574 | €98,295 | €115,580 | €114,018 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,247 | €870 | €1,224 | €923 | €623 | ▼ 32.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,249 | €44,682 | €31,398 | €93,613 | €113,198 | €100,448 | €109,234 | €233,021 | ▲ 113% |
| + Depreciation and write-downs630 | €7,258 | €7,349 | €7,281 | €6,377 | €2,821 | €6,450 | €15,397 | €15,692 | ▲ 1.9% |
| Operating cash flow (approximation) | €55,507 | €52,031 | €38,679 | €99,990 | €116,019 | €106,898 | €124,631 | €248,713 | ▲ 99.6% |
| Investment in fixed assets (approximation) | - | -€876 | -€2,723 | -€240,340 | -€35 | -€84,131 | -€4,850 | €238,346 | - |
| Change in cash | - | €36,367 | €27,412 | -€55,085 | -€113,436 | €38,667 | -€27,772 | €72,165 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as DCconnect has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DCconnect itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for DCconnect. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-06-2026 | 2026-00174296 | |
| 31-12-2024 | abbreviated format | 02-06-2025 | 2025-00128958 | |
| 31-12-2023 | abbreviated format | 24-06-2024 | 2024-00172192 | |
| 31-12-2022 | abbreviated format | 20-06-2023 | 2023-00147949 | |
| 31-12-2021 | abbreviated format | 20-07-2022 | 2022-20222386 | |
| 31-12-2020 | micro format | 07-06-2021 | 2021-18600018 | |
| 31-12-2019 | micro format | 23-07-2020 | 2020-33900557 | |
| 31-12-2018 | micro format | 04-07-2019 | 2019-30100125 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-29200328 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 24-01-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Nancy DE COENSEL |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Geboekt op algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten…”
Articles of association, deed of 24-01-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2024Equity €1.5m Profit of €664,368 in 2025 (profit of €542,074 in 2024) Checked score 9610%
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of DCconnect. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-01
Gazette deed
Registered office moved from Aalst to OostendeNew seat: 8400 Oostende, residentie Sealine, Nieuwpoortsesteenweg 104 bus 0302 · Previous seat: 9300 Aalst, Koolstraat 112 · Change of role: Nancy DE COENSEL, from manager to director12 points ▸
- General meeting, 21-12-2022
- Other provision, “aanpassing statuten aan WVV, schrapping statutair onbeschikbare eigenvermogensrekening voor toekomstige uitkeringen” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “opheffing statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- General meeting, “opdracht om coördinatie van statuten op te maken en te ondertekenen in overeenstemming met vorig besluit en neerlegging in vennootschapsdossier te verzorgen, al…” (deed in Dutch)
- Director resignation, Nancy DE COENSEL (manager)
- Director appointment, Nancy DE COENSEL (director)
- Director discharge, Nancy DE COENSEL
- Registered-office move, 8400 Oostende,residentie Sealine,Nieuwpoortsesteenweg 104 bus 0302
- General meeting, “al deze besluiten elk afzonderlijk,achtereenvolgend en met algemeenheid van stemmen genomen” (deed in Dutch)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 9300 Aalst until the act of 24-01-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
24 activities
- Advies en interim management inzake personeelsaangelegenheden en bedrijfsvoering;
- Loopbaanbegeleiding(werknemers),outplacementbegeleiding(werkzoekenden)en coaching,begeleiding en opvolging van individuen,groepen,werknemers en bedrijfsleiders;
- Geven van infosessies,workshops en opleidingen,alsook andere vormen van onderwijs,vorming en training aan individuen en groepen.Opmaken van opleidingsplannen voor bedrijven en organiseren van in-company trainingen,al dan niet met externe partners.
- Arbitrage en bemiddeling tussen personeelsleden en tussen bedrijfsleiding en personeelsleden;
- Organiseren en aanwezigheid op congressen en beurzen;
- Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan bedrijfsleiding,...;
- Advies verlenen van praktische hulp aan bedrijven in verband met public relations en communicatie;
- Ontwerpen en voeren van reclame-en promotiecampagnes voor het bedrijf en voor derden via verschillende media;
- Ontwerpen en uitgeven van publicitaire artikelen,teksten,slogans(copywriters)en films;
- Concipiëren van reclametechnieken die ernaar streven de individuele consument en de bedrijven te benaderen(directe marketing)door middel van geadresseerde reclame(direct mailing),telefonische koopvoorstellen,webinars,infosessies,...;
- Markt-en opinieonderzoeken;
- Algemene audit activiteiten en enquêtes;
- Onderzoek naar de omvang van de markt voor bepaalde producten en diensten,de ontvangst en de bekendheid van producten en koopgewoonten,met het oog op verkoopbevorderingen ontwikkeling van nieuwe producten en diensten;
- Statistische analyse van de resultaten van de onderzoeken;
- Zoeken,selecteren,verwijzen en plaatsen van personeel ten behoeve van latere werkgever of werkzoeker:formulering van functie omschrijving,op geschiktheid testen van sollicitanten,aanbieden van psychotechnisch computergestuurde testen,natrekken van referenties;
- Zoeken en plaatsen van bedienden,kaderleden en directieleden(headhunters);
- Andere vormen van arbeidsbemiddeling;
- Diverse administratieve activiteiten ten behoeve van klanten en kantoren;
- Documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van klanten en kantoren;
- Business Development voor eigen bedrijf en voor andere bedrijven of eenmanszaak;
- Overige zakelijke dienstverlening;
- Overige persoonlijke dienstverlening buiten de arbeidsomgeving zoals coaching en begeleiding van mensen in hun persoonlijke groei en ontwikkeling;
- Handel en beheer van eigen onroerend vastgoed;
- Organiseren van een deelnemen aan creatieve workshops en beurzen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35386D0034/00B010 | Flanders | 241 m² | 1 · 232 m² | 27.7 m · 4 |
| 41302C1117/00B002 | Flanders | 211 m² | 1 · 80 m² | 12.1 m · 3 |