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DD SERVICE

Active
Private limited companyfounded 20224 yrs activeHeugstraat 5, 8650 Houthulst, BelgiumKBO/BCE: BE 0780.614.725

The computed 12-month bankruptcy probability of DD SERVICE is 2.2% (moderate). The 2025 annual accounts show equity of €513k and a net result of €131k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 27619 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency81▼-16
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.33 against 13.67 in 2024; short-term debt: 10.9% and cash: 43.5% of total assets), and 43.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.2%
Return on assets
14.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 25-09-2025, 36 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
36 d early
2024
22 d early
2023
1 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€513k▲ 34.4%
2024 · €382k
2023: €230k 2024: €382k
2023 → 2025
Total assets
€912k▲ 71.9%
2024 · €530k
2023: €298k 2024: €530k
2023 → 2025
Net result
€131k▼ 14.2%
2024 · €153k
2023: €210k 2024: €153k
2023 → 2025
Working capital
€433k▲ 23.3%
2024 · €351k
2023: €192k 2024: €351k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€230k-€382k▲ 66.3%€513k▲ 34.4%
Operating result€279k-€204k▼ 26.9%€173k▼ 15.0%
Net result€210k-€153k▼ 27.3%€131k▼ 14.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2023: €279k€279kNet result 2023: €210k€210kOperating result 2024: €204k€204kNet result 2024: €153k€153kOperating result 2025: €173k€173kNet result 2025: €131k€131k202320242025
The operating result has fallen two years in a row; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €912k
Fixed assets €380k▲ 150%
Current assets €532k▲ 40.7%
Equity and liabilities €912k
Equity €513k▲ 34.4%
Debt €399k▲ 168%
The debt ratio rises from 28.1% to 43.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€186k
2024 · €208k
Cash flow
€143k
2024 · €157k
Solvency
56.2%
2024 · 71.9%
Current ratio
5.33
2024 · 13.67
Quick ratio
5.17
2024 · 13.50
Debt / equity
0.78
2024 · 0.39
ROE
25.6%
2024 · 40.1%
ROA
14.4%
2024 · 28.8%
Interest coverage
16.94
2024 · 41.11
Debt
€399k
2024 · €149k
Debt ≤ 1 year
€100k
2024 · €28k
Debt > 1 year
€297k
2024 · €110k
Income taxes
€32k
2024 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€530k€912k
Fixed assets21/28€152k€380k
Tangible fixed assets22/27€152k€380k
Land and buildings22€106k€328k
Plant, machinery and equipment23€9k€7k
Furniture and vehicles24€38k€45k
Financial fixed assets28€0-
Current assets29/58€378k€532k
Stocks and contracts in progress3€5k€17k
Stocks30/36€5k€17k
Contracts in progress37€0-
Amounts receivable within one year40/41€106k€114k
Trade receivables40€50k€51k
Other amounts receivable41€56k€63k
Cash at bank and in hand54/58€265k€397k
Deferred charges and accrued income490/1€3k€4k
Equity and liabilities
Total equity and liabilities10/49€530k€912k
Equity10/15€382k€513k
Contributions10/11€20k€20k=
Reserves13€362k€493k
Tax-exempt reserves132-€42k
Distributable reserves133€362k€451k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€149k€399k
Amounts payable after more than one year17€110k€297k
Financial debts170/4€110k€297k
Amounts payable within one year42/48€28k€100k
Current portion of amounts payable after more than one year42€9k€21k
Trade debts44€18k€68k
Suppliers440/4€18k€68k
Taxes, remuneration and social security45€15€525
Taxes450/3€15€525
Other amounts payable47/48€833€10k
Accrued charges and deferred income492/3€11k€3k
Income statement Code20242025
Non-recurring operating income76A€0€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€12k
Other operating charges640/8€3k€1k
Non-recurring operating charges66A€1k€0
Gross operating margin9900€212k€187k
Operating profit (loss)9901€204k€173k
Financial income75/76B€32€242
Recurring financial income75€32€242
Financial charges65/66B€5k€11k
Recurring financial charges65€5k€11k
Profit (loss) for the period before taxes9903€199k€163k
Income taxes67/77€46k€32k
Profit (loss) for the period9904€153k€131k
Transfer to tax-exempt reserves689-€42k
Profit (loss) for the period to be appropriated9905€153k€89k
Appropriation of the result
Profit (loss) to be appropriated9906€153k€89k
Transfer to equity691/2€152k€89k
To other reserves6921€152k€89k
Profit to be distributed694/7€833€0
Return on contributions (dividend)694€833€0

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
25-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet €131k ▼14.2%
Net result drops to €131k, the lowest in the series.
31-03
Financial Equity above €500kEq €513k ▲34.4%
3 profitable years in a row build equity to €513k.
2024
09-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Liquidity doublescurrent ratio 13.67
Current ratio from 5.90 to 13.67; short-term debt falls from €39k to €28k.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthulst · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Heugstraat 58650 Houthulst
Ground area
2,631 m²
Building footprint
147 m²
Volume, LiDAR
489 m³
Parcel 32306B1409/00R000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DD SERVICE
Heugstraat 5, 8650 HouthulstRepair and maintenance of fabricated metal products
since 20222.327.612.394
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32306B1409/00R000 Flanders 2,630 m² 1 · 147 m² 7.8 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 229 EUR awarded · 229 EUR paid
Year Entries awardedpaid
2023 1 229 EUR229 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 229 EUR · 229 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

648851MO546MW2R2GS67
live in the LEI register

Similar companies · same sector, comparable size

Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 2,301 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-01-2022
Fiscal year end31-03
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Enterprise