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DCN Diving Belgium

Active Private limited companyfounded 2012active for 14 yearsElzasweg 10, 2030 AntwerpKBO/BCE: BE 0846.206.026

Lifetime

13 annual accounts with figures on one time axis
peak €654,773 (2025)
€654,773▲ 326%
lowest -€107,480 (2021)
€207,319▲ 922%
peak €386,407 (2025)
€386,407▲ 116%
€2.0m▲ 12.6%
peak 5.6 FTE (2025)
5.6 FTE▲ 115%
Board2 names since 2012
2 directorsStuifzand Antonius and 1 other
Documentsfilings and deeds
20-07-202611 days before the deadline
2025abbreviated format
Gross margin from €153,732 to €654,773Result from €20,288 to €207,319Staff from 2.6 FTE to 5.6 FTECompany renamed from DCN DIVING to DCN Diving Belgium 07-02Equity from €179,088 to €386,407Investments €498,909

Key points

from the 2025 annual accounts

Result

€207,319 ▲ 922%
€20,3002024€207,0002025

The result rose in 2025 from €20,288 to €207,319.

Turnover

≈ €2.0m estimated

The abbreviated format states no turnover.

Debts

€2.0m 84% of the balance sheet
Suppliers 4%Taxes and wages 5%Other 91%

Of this, €2.0m falls due within a year.

Investments

€486,379 9.9 × depreciation
2021202320242025

Green is investment, beige is depreciation. Land and buildings stand 34.4% higher than in 2024.

Staff

2 employees on 31-12-2025
302024352025

In 2025, 3 people joined and 5 left.

Position in the sector

16.1%

Lower solvency than 82% of companies in specialised construction. Sector median 44.0% · 9,967 companies.

Checked score

82
Excellent
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Average

41+7equity 16.1% of total assets
22-11short-term debt 82.4% · cash 14.0%
80+37return on assets 8.6%

Score breakdown

raises risk
Equity €386,407 (16.1% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Figures for financial year 2025 (filed on 20-07-2026)
Founded in 2012
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 43, micro). It does better than 18% of them on solvency, 13% on liquidity, 58% on profitability and 92% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as DCN Diving Belgium has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DCN Diving Belgium itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 5,053 companies, not a prediction for DCN Diving Belgium. 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.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.34 (0.39 in 2024), below 1. Short-term debt is 82.4% and cash 14% of total assets. 83.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €386,407 (16.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 20-07-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9967 sector peers (2025).
NBB · sector comparison
Position among 9967 sector peers
Solvency
better than 17%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €386,407
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 days early
2024
13 days early
2023
1 day late
2022
7 days early
2021
31 days early
2020
31 days early
2019
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SA
Director, since 29-10-2021
VW
Director, since 29-10-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0846206026
Company renamed from DCN DIVING to DCN Diving Belgium Gazette deed
Environmental permit granted Een grond gebruiken, aanleggen of inrichten, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Slopen of verwijderen van een publiciteitsinrichting and 1 more · Antwerpen
Registered office moved to Antwerp New registered office: Elzasweg 10, 2030 Antwerpen · Changes of role: Vriens Wilhelmus (director) and Stuifzand Antonius (director) · “Uitoefening van managementtaken bij bedrijven; Studie-, organisatie en raadgevend bureau inzake handels- en…” (deed in Dutch) · General meeting of 29-10-2021 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
DCN Diving Belgium Antwerp €2.4m €654,773 16.1% 5.6
AQUATEC Ranst €2.5m €748,809 11.7% 5.7
Swinton Balen €2.2m €671,382 27.0% 4.4
Betontrappen Tom Hermans Hoogstraten €1.9m €872,512 55.9% 5.9
CASPRO Ranst €2.3m €838,188 40.7% 7
PJORRE BETON Heist-op-den-Berg €2.1m €692,419 23.0% 4
Weldybo Brecht €3.2m €602,417 11.1% 7.6

These companies have the same main activity as DCN Diving Belgium: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.9m and €3.2m, founded between 2007 and 2015.

Official details

Source: KBO
Status
Active since 30-05-2012Normal situation
Activity
Other specialised construction activitiesNACE 43990and 2 others
Joint committees
200Auxiliary committee for white-collar workers
124Construction
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment unit
2.210.545.9652030 Antwerp, since 25-05-2012
Financial year end
31 December
Peppol
Reachable since 28-11-2025
Company details

Annual accounts 2025

€2.4m▲ 22.0%
Employeeson 31-12-2025
2▼ 33.3%
Filing
Filed on 20-07-2026, 11 days before the end of the filing period
Financials

Insights on DCN Diving Belgium

DCN Diving Belgium files the abbreviated format. That format states no turnover. The gross margin rose from €25,051 in 2013 to €654,773 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DCN Diving Belgium

What is the company number of DCN Diving Belgium?
The company number of DCN Diving Belgium is 0846.206.026. The VAT number is the same number with BE in front: BE 0846.206.026.
Where is DCN Diving Belgium based?
The registered office is at Elzasweg 10, 2030 Antwerp.Company details
What does DCN Diving Belgium do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of DCN Diving Belgium?
DCN Diving Belgium is a private limited company (BV).
When was DCN Diving Belgium founded?
DCN Diving Belgium was founded on 30-05-2012.
Is DCN Diving Belgium still active?
Yes, DCN Diving Belgium is an active enterprise in the KBO register.
How many employees does DCN Diving Belgium have?
DCN Diving Belgium had an average of 5.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DCN Diving Belgium fall under?
In its 2025 annual accounts, DCN Diving Belgium states joint committees 200 (Auxiliary committee for white-collar workers), 124 (Construction) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of DCN Diving Belgium?
The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €654,773 and 34 comparable companies (NACE 43990). It probably lies between €1.3m and €2.7m.
Is DCN Diving Belgium profitable?
In financial year 2025, DCN Diving Belgium made a profit of €207,319.
Where can I find the annual accounts of DCN Diving Belgium?
DCN Diving Belgium filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DCN Diving Belgium due?
DCN Diving Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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