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DD ConSol

Active
Private limited companyfounded 2025active for 1 yearHoenderstraat(M) 5, 3630 Maasmechelen, BelgiumKBO/BCE: BE 1019.998.253

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 26-06-2026 at the NBB

Equity
-€6,007
Total assets
€23,137
Net result
-€8,507
Working capital
-€9,674

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €23,137
Fixed assets €3,667
Current assets €19,471
Equity and liabilities
Equity-€6,007
Debt€29,145
Equity is negative. Debt (€29,145) exceeds the balance-sheet total (€23,137).
Key figures and ratios
2025 value
EBITDA
-€6,613
Cash flow
-€7,917
Solvency
-26.0%
Current ratio
0.67
ROA
-36.8%
Interest coverage
-5.74
Debt
€29,145
Debt ≤ 1 year
€29,145
Income taxes
€151
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Investments

fixed assets acquired
Item2025
Tangible fixed assets€4,257
Depreciation and write-downs of the year€591

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€23,137
Fixed assets21/28€3,667
Tangible fixed assets22/27€3,667
Plant, machinery and equipment23€3,283
Furniture and vehicles24€384
Current assets29/58€19,471
Amounts receivable within one year40/41€18,007
Other amounts receivable41€18,007
Cash at bank and in hand54/58€575
Deferred charges and accrued income490/1€888
Equity and liabilities
Total equity and liabilities10/49€23,137
Equity10/15-€6,007
Contributions10/11€2,500
Profit (loss) carried forward14-€8,507
Amounts payable17/49€29,145
Amounts payable within one year42/48€29,145
Financial debts43€4,050
Credit institutions430/8€4,050
Trade debts44€10,866
Suppliers440/4€10,866
Taxes, remuneration and social security45€14,229
Taxes450/3€11,879
Remuneration and social security454/9€2,350
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€591
Other operating charges640/8€392
Gross operating margin9900-€6,221
Operating profit (loss)9901-€7,204
Financial charges65/66B€1,153
Recurring financial charges65€1,153
Profit (loss) for the period before taxes9903-€8,357
Income taxes67/77€151
Profit (loss) for the period9904-€8,507
Profit (loss) for the period to be appropriated9905-€8,507
Appropriation of the result
Profit (loss) to be appropriated9906-€8,507

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€591
Other operating charges640/8€392
Gross operating margin9900-€6,221
Operating profit (loss)9901-€7,204
Financial charges65/66B€1,153
Recurring financial charges65€1,153
Profit (loss) for the period before taxes9903-€8,357
Income taxes67/77€151
Profit (loss) for the period9904-€8,507
Profit (loss) for the period to be appropriated9905-€8,507
Line2025
Assets
Total assets20/58€23,137
Fixed assets21/28€3,667
Tangible fixed assets22/27€3,667
Plant, machinery and equipment23€3,283
Furniture and vehicles24€384
Current assets29/58€19,471
Amounts receivable within one year40/41€18,007
Other amounts receivable41€18,007
Cash at bank and in hand54/58€575
Deferred charges and accrued income490/1€888
Equity and liabilities
Total equity and liabilities10/49€23,137
Equity10/15-€6,007
Contributions10/11€2,500
Profit (loss) carried forward14-€8,507
Amounts payable17/49€29,145
Amounts payable within one year42/48€29,145
Financial debts43€4,050
Credit institutions430/8€4,050
Trade debts44€10,866
Suppliers440/4€10,866
Taxes, remuneration and social security45€14,229
Taxes450/3€11,879
Remuneration and social security454/9€2,350
Line2025
Profit (loss) for the period9904-€8,507
+ Depreciation and write-downs630€591
Operating cash flow (approximation)-€7,917

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,322 companies had the same profile as DD ConSol has now. Two years later, 90.2% were still going and 4.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
90.2% was still going
5.5% stopped otherwise
4.2% went bankrupt

That fits the bankruptcy probability of DD ConSol itself: 2.4% 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.

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 1,322 companies, not a prediction for DD ConSol. 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 (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 26-06-2026 2026-00202577 PDF

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