DD ENGINEERING
ActiveSummary
DD ENGINEERING has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €869,474 and a net result of €1.3m. Equity has been growing by about 6.9% per year since 2019. Its solvency ranks better than 26% of 892 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-10-1991 Normal situation
- Registered office
- 72 active companies are registered at this address Source: KBO register, as of 2 November 2026.
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-09-2022
- Establishment units
- 2.054.952.027 8900 Ieper, since 13-11-1991
- 2.345.767.529 9051 Gent, since 01-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- JÉRÔME MANAGEMENT & CONSULTINGDaily manager · permanent representative Karel Staelens
- The Engineering Group NVDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €6.9m
- Turnover
- ≈ €12.0m
- estimated
- Profit
- €1.3m
- Equity
- €869,474
- Total assets
- €4.3m
- Employees on 31-12-2025
- 47
Score breakdownraises riskEquity €869,474 (20.0% of total assets)lowers riskProfit of €1.3m (financial year 2025)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Figures for financial year 2025 (filed on 03-07-2026)Show the evidence
Checked score
About 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 71, small). It does better than 25% of them on solvency, 15% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 01-11-2026 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 10 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 32 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 35% higher than in 2024. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 38 | 44 | 48 | 50 | 47 |
| full-time | 33 | 39 | 42 | 40 | 39 |
| part-time | 5 | 5 | 6 | 10 | 8 |
| in full-time equivalents | 37.1 | 43 | 46.8 | 47.7 | 45.2 |
| Average over the year, in full-time equivalents | 32.4 | 37.2 | 43.1 | 47.3 | 43.4 |
| On a permanent contract | 37 | 44 | 47 | 50 | 47 |
| Joined | 16 | 19 | 18 | 19 | 16 |
| Left | 10 | 13 | 14 | 17 | 18 |
| Training hours | 728 | 922 | 898 | 432 | 72 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 2025 |
|---|---|---|---|---|---|
| Pledge on the business | - | - | - | - | €1.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €276,819 | €486,487 | €165,449 | €311,389 | €134,874 |
| Intangible fixed assets | - | - | - | €29,305 | - |
| Financial fixed assets | €28 | - | €8,697 | €2,305 | €570 |
| Depreciation and write-downs of the year | €220,451 | €279,437 | €268,349 | €288,193 | €355,366 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 6 entries · €19,093 awarded · €13,982 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €6,706 | €2,097 |
| 2024 | 2 | €4,071 | €2,774 |
| 2023 | 1 | €6,615 | €7,770 |
| 2022 | 1 | €1,701 | €1,341 |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0.003m | €0.008m | €0.01m | €0.007m | €0.05m | ▲ 547% |
| Remuneration, social security and pensions62 | - | - | €2.4m | €3.1m | €3.7m | €3.9m | €4.7m | ▲ 19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 23.3% |
| Other operating charges640/8 | - | - | €0.04m | €0.04m | €0.1m | €0.08m | €0.07m | ▼ 12.8% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.02m | - |
| Gross operating margin9900 | €2.7m | €4.1m | €4.6m | €4.9m | €5.2m | €5.6m | €6.9m | ▲ 23.2% |
| Operating profit (loss)9901 | €1.2m | €1.8m | €1.9m | €1.5m | €1.1m | €1.3m | €1.7m | ▲ 34.8% |
| Financial income75/76B | - | - | €0.001m | - | €0.02m | €0.09m | €0.09m | ▼ 0.5% |
| Recurring financial income75 | €0.01m | €0.004m | €0.001m | - | €0.02m | €0.09m | €0.09m | ▼ 0.5% |
| Non-recurring financial income76B | - | - | €400 | - | - | - | - | - |
| Financial charges65/66B | - | - | €0.007m | €0.01m | €0.03m | €0.1m | €0.09m | ▼ 22.5% |
| Recurring financial charges65 | €0.006m | €0.007m | €0.007m | €0.01m | €0.03m | €0.1m | €0.09m | ▼ 22.5% |
| Non-recurring financial charges66B | - | - | €0 | €194 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.2m | €1.8m | €1.9m | €1.5m | €1.1m | €1.3m | €1.7m | ▲ 37.4% |
| Income taxes67/77 | €0.2m | €0.4m | €0.4m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 33.5% |
| Profit (loss) for the period9904 | €1.0m | €1.4m | €1.5m | €1.3m | €0.8m | €0.9m | €1.3m | ▲ 38.6% |
| Transfer from tax-exempt reserves789 | - | - | €0.6m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.0m | €1.4m | €2.1m | €1.3m | €0.8m | €0.9m | €1.3m | ▲ 38.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.6m | €3.5m | €2.9m | €3.5m | €4.5m | €5.7m | €4.3m | ▼ 23.8% |
| Fixed assets21/28 | €0.3m | €0.6m | €0.7m | €0.9m | €0.8m | €0.9m | €0.6m | ▼ 30.6% |
| Intangible fixed assets21 | - | €0.08m | €0.09m | €0.06m | €0.03m | €0.04m | €0.01m | ▼ 72.3% |
| Tangible fixed assets22/27 | €0.3m | €0.5m | €0.6m | €0.8m | €0.8m | €0.8m | €0.6m | ▼ 27.4% |
| Plant, machinery and equipment23 | - | - | €0.003m | €0.002m | €0.001m | €0.02m | €0.01m | ▼ 25.5% |
| Furniture and vehicles24 | - | - | €0.1m | €0.07m | €0.06m | €0.02m | €0.002m | ▼ 89.0% |
| Leasing and similar rights25 | - | - | €0.4m | €0.7m | €0.6m | €0.6m | €0.4m | ▼ 39.0% |
| Other tangible fixed assets26 | - | - | €0.1m | €0.09m | €0.07m | €0.2m | €0.2m | ▲ 15.5% |
| Financial fixed assets28 | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.01m | ▼ 63.7% |
| Current assets29/58 | €2.3m | €2.9m | €2.2m | €2.6m | €3.7m | €4.8m | €3.7m | ▼ 22.6% |
| Stocks and contracts in progress3 | - | - | €0.001m | - | - | - | - | - |
| Stocks30/36 | - | - | €0.001m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.4m | €1.4m | €1.5m | €1.8m | €2.3m | €3.9m | €3.1m | ▼ 19.9% |
| Trade receivables40 | - | - | €1.5m | €1.5m | €1.8m | €2.0m | €1.8m | ▼ 8.9% |
| Other amounts receivable41 | - | - | €0.001m | €0.3m | €0.5m | €1.9m | €1.3m | ▼ 31.9% |
| Current investments50/53 | - | - | - | - | €0.6m | - | - | - |
| Cash at bank and in hand54/58 | €0.9m | €1.4m | €0.6m | €0.7m | €0.6m | €0.7m | €0.4m | ▼ 36.5% |
| Deferred charges and accrued income490/1 | - | - | €0.09m | €0.1m | €0.2m | €0.3m | €0.2m | ▼ 25.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.6m | €3.5m | €2.9m | €3.5m | €4.5m | €5.7m | €4.3m | ▼ 23.8% |
| Equity10/15 | €0.7m | €0.7m | €0.7m | €0.7m | €1.0m | €1.1m | €0.9m | ▼ 23.7% |
| Contributions10/11 | €0.01m | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.7m | €0.7m | €0.6m | €0.6m | €0.9m | €1.1m | €0.8m | ▼ 25.1% |
| Non-distributable reserves130/1 | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Distributable reserves133 | - | - | €0.6m | €0.6m | €0.9m | €1.1m | €0.8m | ▼ 25.3% |
| Amounts payable17/49 | €2.0m | €2.8m | €2.2m | €2.9m | €3.5m | €4.6m | €3.5m | ▼ 23.8% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.3m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 6.2% |
| Financial debts170/4 | - | - | €0.3m | €0.5m | €0.4m | €0.4m | €0.3m | ▼ 6.2% |
| Amounts payable within one year42/48 | €1.8m | €2.6m | €1.9m | €2.3m | €3.0m | €4.0m | €3.1m | ▼ 23.0% |
| Current portion of amounts payable after more than one year42 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 3.3% |
| Financial debts43 | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €1.2m | ▲ 28× |
| Credit institutions430/8 | - | - | €0.04m | €0.04m | €0.04m | - | €1.2m | - |
| Other loans439 | - | - | - | - | - | €0.04m | €0 | ▼ 100% |
| Trade debts44 | €0.5m | €0.5m | €0.4m | €0.3m | €0.8m | €0.3m | €0.4m | ▲ 18.6% |
| Suppliers440/4 | - | - | €0.4m | €0.3m | €0.8m | €0.3m | €0.4m | ▲ 18.6% |
| Taxes, remuneration and social security45 | - | - | €0.5m | €0.4m | €0.5m | €0.7m | €0.6m | ▼ 4.5% |
| Taxes450/3 | - | - | €0.1m | €0.08m | €0.1m | €0.2m | €0.2m | ▲ 10.0% |
| Remuneration and social security454/9 | - | - | €0.3m | €0.4m | €0.4m | €0.5m | €0.4m | ▼ 11.3% |
| Other amounts payable47/48 | - | - | €0.9m | €1.3m | €1.4m | €2.7m | €0.6m | ▼ 78.5% |
| Accrued charges and deferred income492/3 | - | - | €0.03m | €0.08m | €0.06m | €0.2m | €0.06m | ▼ 70.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.0m | €1.4m | €1.5m | €1.3m | €0.8m | €0.9m | €1.3m | ▲ 38.6% |
| + Depreciation and write-downs630 | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 23.3% |
| Operating cash flow (approximation) | €1.1m | €1.6m | €1.7m | €1.5m | €1.1m | €1.2m | €1.7m | ▲ 35.0% |
| Investment in fixed assets (approximation) | - | -€0.5m | -€0.3m | -€0.5m | -€0.2m | -€0.3m | -€0.09m | ▲ 73.6% |
| Change in cash | - | €0.6m | -€0.8m | €0.1m | -€0.1m | €0.07m | -€0.2m | - |
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, 2,613 companies had the same profile as DD ENGINEERING has now. Two years later, 0.7% had gone bankrupt and 97.3% were still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DD ENGINEERING 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 2,613 companies, not a prediction for DD ENGINEERING. 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 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 03-07-2026 | 2026-00248658 | |
| 30-09-2024 | abbreviated format | 28-04-2025 | 2025-00077989 | |
| 30-09-2023 | abbreviated format | 18-04-2024 | 2024-00064814 | |
| 30-09-2022 | abbreviated format | 24-04-2023 | 2023-00067185 | |
| 30-09-2021 | abbreviated format | 22-04-2022 | 2022-20010373 | |
| 30-09-2020 | abbreviated format | 21-04-2021 | 2021-10900004 | |
| 30-09-2019 | abbreviated format | 28-04-2020 | 2020-10200409 | |
| 30-09-2018 | abbreviated format | 29-04-2019 | 2019-11100204 | |
| 30-09-2017 | abbreviated format | 27-04-2018 | 2018-11000230 | |
| 30-09-2016 | abbreviated format | 13-01-2017 | 2017-01400215 |
Board & ownership
Directors
Board 1
Day-to-day management 1
Permanent representatives 1
Owners and capital
Owners
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| The Engineering Group NV |
|
| JÉRÔME MANAGEMENT & CONSULTING |
|
| XEDUM |
|
Network & group
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Connections & network
6 connected companiesTimeline
Acts, filings and financial milestones
25-09
Gazette deed
Company renamed to DD EngineeringPermanent representatives: Karel Staelens and VAN HULLE, Sam Georges · Power of attorney · Amendment of the articles7 points ▸
- Board meeting, 22-08-2025
- Permanent representative, Karel Staelens
- Power of attorney, Christophe Blindeman
- General meeting, 09-09-2025
- Name change, DD Engineering
- Permanent representative, VAN HULLE, Sam Georges
- Amendment of the articles, 1
03-10
Gazette deed
Registered office moved from Gent to Sint-Denijs-WestremPermanent representative: Aelvoet Dieter2 points ▸
- Registered-office move, 9051 Sint-Denijs-Westrem, Amelia Earhartlaan 2 bus 304
- Permanent representative, Aelvoet Dieter
23-06
Gazette deed
Registered office moved from leper to GentPermanent representative: Aelvoet Dieter2 points ▸
- Registered-office move, 9000 Gent,Ottergemsesteenweg 703
- Permanent representative, Aelvoet Dieter
06-06
Gazette deed
Resignation: Xedum (day-to-day manager)Permanent representatives: Niels Colson and Karel Staelens · Appointment: Jérôme Management & Consulting (day-to-day manager)5 points ▸
- Board meeting, 05-12-2022
- Director resignation, Xedum (day-to-day manager)
- Permanent representative, Niels Colson
- Director appointment, Jérôme Management & Consulting (day-to-day manager)
- Permanent representative, Karel Staelens
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
2 former offices
- 9000 Gent until 26-08-2024 · act of 03-10-2024
- 8900 leper until 24-05-2023 · act of 23-06-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
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 |
|---|---|---|---|---|
| 44062A0312/00C000 | Flanders | 1.5 ha | 1 · 5,962 m² | 1.8 m |
| 33306B0324/00B004 | Flanders | 319 m² | 1 · 318 m² | 8.5 m · 2 |