DConsult
ActiveSummary
The computed 12-month bankruptcy probability of DConsult is 1.6% (moderate). The 2025 annual accounts show equity of €13,142 and a net result of €5,490. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 37% of 17,145 sector peers (NACE 68, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-06-2010 Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 3 others
- Establishment unit
- 2.192.701.628 3300 Tienen, since 28-06-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Board and ownership
- H & D RecyclingDirector · since 20-12-2024 · permanent representative Schmelcher Henri
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €15,255
- ▲ 21.4%
- Turnover
- ≈ €53,000
- estimated
- Profit
- €5,490
- ▲ 44.9%
- Equity
- €13,142
- ▲ 71.8%
- Total assets
- €90,347
- ▼ 5.6%
- 2025 accounts filed 35 days after the deadline
Score breakdownraises riskLast filed accounts filed 35 days late; 2 of the last 3 accounts late1 change of registered office in 24 monthsLiquidity: current ratio 0.04, cash €1,264lowers riskSector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 100 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 68, micro). It does better than 35% of them on solvency, 29% on liquidity, 65% on profitability and 89% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 35 days after the deadline Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500864.
Annual accounts 2025 filed on 04-09-2026 at the NBB all 15 filings
Every figure per financial year
The operating result for 2025 is 38% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,500 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,770 | €5,770 | €5,705 | €5,576 | €5,547 | €5,547 | €5,085 | €5,547 | ▲ 9.1% |
| Other operating charges640/8 | - | - | - | €1,522 | €1,537 | €1,684 | €1,752 | €1,808 | ▲ 3.2% |
| Gross operating margin9900 | €15,149 | €5,710 | €15,046 | €4,437 | €7,020 | €16,254 | €12,570 | €15,255 | ▲ 21.4% |
| Operating profit (loss)9901 | €8,010 | -€1,410 | €7,830 | -€2,661 | -€64 | €9,023 | €5,733 | €7,900 | ▲ 37.8% |
| Financial charges65/66B | - | - | - | €2,976 | €2,700 | €2,418 | €1,943 | €2,410 | ▲ 24.1% |
| Recurring financial charges65 | €9,681 | €3,488 | €3,245 | €2,976 | €2,700 | €2,418 | €1,943 | €2,410 | ▲ 24.1% |
| Profit (loss) for the period before taxes9903 | -€1,671 | -€4,898 | €4,585 | -€5,637 | -€2,764 | €6,605 | €3,790 | €5,490 | ▲ 44.9% |
| Profit (loss) for the period9904 | -€1,671 | -€4,898 | €4,585 | -€5,637 | -€2,764 | €6,605 | €3,790 | €5,490 | ▲ 44.9% |
| Profit (loss) for the period to be appropriated9905 | -€1,671 | -€4,898 | €4,585 | -€5,637 | -€2,764 | €6,605 | €3,790 | €5,490 | ▲ 44.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €129,514 | €122,943 | €118,779 | €111,192 | €105,759 | €101,605 | €95,727 | €90,347 | ▼ 5.6% |
| Fixed assets21/28 | €127,860 | €122,089 | €116,385 | €110,809 | €105,262 | €99,715 | €94,631 | €89,084 | ▼ 5.9% |
| Tangible fixed assets22/27 | €127,860 | €122,089 | €116,385 | €110,809 | €105,262 | €99,715 | €94,631 | €89,084 | ▼ 5.9% |
| Land and buildings22 | - | - | - | €110,809 | €105,262 | €99,715 | €94,631 | €89,084 | ▼ 5.9% |
| Current assets29/58 | €1,654 | €853 | €2,394 | €383 | €497 | €1,889 | €1,096 | €1,264 | ▲ 15.3% |
| Amounts receivable within one year40/41 | - | - | €1,500 | - | - | €1,000 | - | - | - |
| Trade receivables40 | - | - | - | - | - | €1,000 | - | - | - |
| Cash at bank and in hand54/58 | €799 | €71 | €348 | €35 | €65 | €422 | €1,096 | €1,264 | ▲ 15.3% |
| Deferred charges and accrued income490/1 | - | - | - | €347 | €432 | €467 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €129,514 | €122,943 | €118,779 | €111,192 | €105,759 | €101,605 | €95,727 | €90,347 | ▼ 5.6% |
| Equity10/15 | -€2,930 | €172 | €5,657 | €21 | -€2,744 | €3,861 | €7,651 | €13,142 | ▲ 71.8% |
| Contributions10/11 | €9,700 | €17,700 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€12,630 | -€17,528 | -€12,943 | -€18,579 | -€21,344 | -€14,739 | -€10,949 | -€5,458 | ▲ 50.1% |
| Amounts payable17/49 | €132,443 | €122,770 | €113,122 | €111,171 | €108,503 | €97,743 | €88,075 | €77,206 | ▼ 12.3% |
| Amounts payable after more than one year17 | €122,008 | €112,076 | €101,875 | €91,399 | €80,640 | €69,589 | €69,589 | €46,585 | ▼ 33.1% |
| Financial debts170/4 | - | - | - | €91,399 | €80,640 | €69,589 | €69,589 | €46,585 | ▼ 33.1% |
| Amounts payable within one year42/48 | €10,435 | €10,695 | €11,246 | €19,772 | €27,863 | €28,154 | €18,486 | €30,621 | ▲ 65.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,476 | €10,759 | €11,050 | €932 | €11,656 | ▲ 13× |
| Trade debts44 | - | - | - | - | - | - | - | €945 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €945 | - |
| Other amounts payable47/48 | - | - | - | €9,296 | €17,104 | €17,104 | €17,554 | €18,020 | ▲ 2.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,671 | -€4,898 | €4,585 | -€5,637 | -€2,764 | €6,605 | €3,790 | €5,490 | ▲ 44.9% |
| + Depreciation and write-downs630 | €5,770 | €5,770 | €5,705 | €5,576 | €5,547 | €5,547 | €5,085 | €5,547 | ▲ 9.1% |
| Operating cash flow (approximation) | €4,099 | €872 | €10,290 | -€61 | €2,783 | €12,152 | €8,875 | €11,037 | ▲ 24.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€728 | €277 | -€313 | €30 | €357 | €674 | €167 | ▼ 75.2% |
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, 5,053 companies had the same profile as DConsult has now. Two years later, 95.9% were still going and 1.6% had gone 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 DConsult itself: 1.6% 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 5,053 companies, not a prediction for DConsult. 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-09-2026 | 2026-00500864 | |
| 31-12-2024 | micro format | 22-09-2025 | 2025-00497355 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00302118 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00298661 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20275069 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-43100094 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-38000423 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-42000006 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-46600173 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-38900020 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Capital transactions
- 15-01-2024 Converted to unavailable equity
Mandate history
- Board
- Other function
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| H & D Recycling |
|
| Croes David |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Artikel 27, recht AV om één of meer vereffenaars aan te duiden, bevoegdheden en vergoeding te bepalen”
Articles of association, deed of 15-01-2024 (in Dutch)
Network & group
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
06-03
Gazette deed
Registered office moved within TienenResignation: Croes David (director) · Appointment: H & D Recycling BV (director) · Permanent representative: Schmelcher Henri6 points ▸
- General meeting, 20-12-2024
- Director resignation, Croes David (director)
- Director discharge, Croes David
- Director appointment, H & D Recycling BV (director)
- Permanent representative, Schmelcher Henri
- Registered-office move, Leeuwerikweg 14-16 te 3300 Tienen
15-01
Gazette deed
Company renamed from SEORC to DConsultRegistered office moved to Tienen · Change of role: David Croes, from manager to niet statutair en onbezoldigd bestuurder · Amendment of the articles17 points ▸
- Amendment of the articles
- Capital
- General meeting, 19-12-2023
- Other provision, “aanpassing aan nieuw Wetboek van Vennootschappen en Verenigingen, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap (BV) behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekeningen aangelegd per artikel 39, §2, tweede lid wet van 23 ma…” (deed in Dutch)
- Other provision, “interim-dividenden, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
- Name change, DConsult
- Other provision, “toegang tot algemene vergadering, rechten mogen niet geschorst zijn; bij enkel geschorste stemrechten nog deelname zonder stemming” (deed in Dutch)
- Other provision, “bestuurder, bij gebrek aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen – processen-verbaal” (deed in Dutch)
- Other provision, “elke aandeelhouder kan ieder ander persoon schriftelijk volmacht geven door alle middelen van overdracht; blijft geldig voor volgende vergadering met zelfde age…” (deed in Dutch)
- Registered-office move, Leeuwerikweg 10, 3300 Tienen
- The act holds 5 more points.
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
Activities
NACEBEL 2025Codes under NACEBEL 2008
12 activities
- Het beheren in de meest ruime betekenis van een onroerend vermogen,waarin begrepen het occasioneel verwerven en vervreemden van onroerende goederen
- Het beheren in de meest ruime betekenis van alle roerende goederen,financiële activa,spaarrekeningen en effecten,met daarbij horende vervreemdingen en verwervingen.
- Het verwerven en vervreemden van onroerende goederen met uitsluiting van de handelingen als vastgoedhandelaar,het beheer van een onroerend vermogen en de huurfinanciering of het verlenen van soortgelijke rechten betreffende onroerende goederen;alsmede alle handelingen die rechtstreeks of onrechtstreeks verband houden met dit voorwerp en die de opbrengst van de onroerende goederen moeten bevorderen,zoals het onderhoud van deze goederen.
- Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies die rechtstreeks of onrechtstreeks verband houden met haar voorwerp.
- Verhuur opslagruimtes.
- "Car jockey" aanbieden van diensten aan bedrijven of natuurlijke personen om met hun wagen naar garage,technische keuring,… te gaan;advies geven over banden;kleine check-up doen (geen herstellingen,enkele advies,…);bijhouden van onderhoudsschema.
- Reiniging voertuigen interieur en exterieur.
- De bijkomende rijopleidingen:in de volksmond slipschool (= cursus defensief rijden),terugkommoment,... .
- Coaching op circuit (het meer sportievere rijden)
- Het organiseren van events in de automobiel sector
- Het begeleiden van testritten
- Theoretisch de nieuwste technologieën uitleggen (weeral in de autosector)
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 |
|---|---|---|---|---|
| 24592D0137/00S000 | Flanders | 7,508 m² | 1 · 2,186 m² | 15.6 m · 5 |
| 24592D0128/00D000 | Flanders | 2,273 m² | 1 · 263 m² | 5.4 m · 1 |