DDB-CONSTRUCTION
ActiveSummary
For DDB-CONSTRUCTION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€40,582) and a net result of -€37,246. Equity is shrinking by ~108.3% per year across the filed fiscal years. Its solvency ranks better than 15% of 17231 sector peers (fiscal year 2022). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability16▼-8
Solvency23▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
-2.5%
Return on assets
-2.3%
Age of the figures
53 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-04-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
30-04-2023 close30-11-2023 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2022 was due by 30-11-2022 and was filed on 24-11-2022, 6 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
6 d early
2021
9 d late
2020
10 d late
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
-€40,582▼ 1,116%
2021 · -€3,336
Total assets
€1.6m▲ 85.7%
2021 · €874,931
Net result
-€37,246▲ 18.2%
2021 · -€45,548
Working capital
-€81,610▼ 4,776%
2021 · -€1,674
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€22,001--€45,822-€33,902▲ 26.0%-€12,630▲ 62.7%
Net result€12,477--€49,679below the sector's middle half-€45,548below the sector's middle half▲ 8.3%-€37,246below the sector's middle half▲ 18.2%
Equity€91,891-€42,212within the sector's middle half▼ 54.1%-€3,336below the sector's middle half-€40,582below the sector's middle half▼ 1,116%
Total assets€195,313-€123,817below the sector's middle half▼ 36.6%€874,931within the sector's middle half▲ 607%€1.6mabove the sector's middle half▲ 85.7%
Debt€103,421-€81,605▼ 21.1%€878,268▲ 976%€1.7m▲ 89.7%
Working capital€82,044-€39,051within the sector's middle half▼ 52.4%-€1,674within the sector's middle half-€81,610below the sector's middle half▼ 4,776%
Solvency47.0%-34.1%within the sector's middle half▼ 13.0pp-0.4%below the sector's middle half▼ 34.5pp-2.5%below the sector's middle half▼ 2.1pp
Current ratio1.80-1.50within the sector's middle half▼ 0.301.00within the sector's middle half▼ 0.500.95within the sector's middle half▼ 0.05
Return on assets (ROA)6.4%--40.1%below the sector's middle half▼ 46.5pp-5.2%below the sector's middle half▲ 34.9pp-2.3%below the sector's middle half▲ 2.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12,630 in 2022 against €33,902 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.6m
Fixed assets
€44,821 ▲ 3,296%
Current assets
€1.6m ▲ 80.9%
Key figures and ratios
EBITDA
-€10,773▲
2021 · -€28,568
Cash flow
-€35,389▲
2021 · -€40,215
Quick ratio
0.17▼
2021 · 1.00
Debt to equity
-41.04
Interest coverage
-0.44
Debt ≤ 1 year
€1.7m▲
2021 · €875,285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,333 | €5,333 | €5,333 | €1,857 | ▼ 65.2% |
| Other operating charges640/8 | - | - | - | €1,627 | - |
| Gross operating margin9900 | €29,224 | -€39,748 | -€27,945 | -€9,147 | ▲ 67.3% |
| Operating profit (loss)9901 | €22,001 | -€45,822 | -€33,902 | -€12,630 | ▲ 62.7% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €1,670 | - | €18 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €24,615 | - |
| Recurring financial charges65 | €8,506 | €3,856 | €11,665 | €24,615 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €15,166 | -€49,679 | -€45,548 | -€37,246 | ▲ 18.2% |
| Income taxes67/77 | €2,688 | - | - | - | - |
| Profit (loss) for the period9904 | €12,477 | -€49,679 | -€45,548 | -€37,246 | ▲ 18.2% |
| Profit (loss) for the period to be appropriated9905 | €12,477 | -€49,679 | -€45,548 | -€37,246 | ▲ 18.2% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €195,313 | €123,817 | €874,931 | €1.6m | ▲ 85.7% |
| Fixed assets21/28 | €10,667 | €6,653 | €1,320 | €44,821 | ▲ 3,296% |
| Tangible fixed assets22/27 | €10,667 | €5,333 | €0 | €43,501 | - |
| Furniture and vehicles24 | - | - | - | €43,501 | - |
| Financial fixed assets28 | - | €1,320 | €1,320 | €1,320 | = |
| Current assets29/58 | €184,646 | €117,164 | €873,611 | €1.6m | ▲ 80.9% |
| Stocks and contracts in progress3 | €172,837 | €38,656 | €459,719 | €1.3m | ▲ 184% |
| Contracts in progress37 | - | - | - | €1.3m | - |
| Amounts receivable within one year40/41 | €1,949 | €4,858 | €38,173 | €17,382 | ▼ 54.5% |
| Trade receivables40 | - | - | - | €5,878 | - |
| Other amounts receivable41 | - | - | - | €11,503 | - |
| Cash at bank and in hand54/58 | €9,424 | €73,274 | €375,231 | €256,877 | ▼ 31.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €195,313 | €123,817 | €874,931 | €1.6m | ▲ 85.7% |
| Equity10/15 | €91,891 | €42,212 | -€3,336 | -€40,582 | ▼ 1,116% |
| Contributions10/11 | €50,000 | - | - | €50,000 | - |
| Reserves13 | €2,095 | €2,095 | €2,095 | €2,095 | = |
| Non-distributable reserves130/1 | - | - | - | €2,095 | - |
| Reserves not available under the articles1311 | - | - | - | €2,095 | - |
| Profit (loss) carried forward14 | €39,797 | -€9,882 | -€55,431 | -€92,676 | ▼ 67.2% |
| Amounts payable17/49 | €103,421 | €81,605 | €878,268 | €1.7m | ▲ 89.7% |
| Amounts payable within one year42/48 | €102,602 | €78,113 | €875,285 | €1.7m | ▲ 89.9% |
| Financial debts43 | - | - | - | €58,660 | - |
| Credit institutions430/8 | - | - | - | €58,660 | - |
| Trade debts44 | €3,723 | €2,914 | €75,598 | €136,089 | ▲ 80.0% |
| Suppliers440/4 | - | - | - | €136,089 | - |
| Advances received on contracts in progress46 | - | - | - | €1.2m | - |
| Taxes, remuneration and social security45 | - | - | - | €56,514 | - |
| Taxes450/3 | - | - | - | €56,514 | - |
| Other amounts payable47/48 | - | - | - | €232,562 | - |
| Accrued charges and deferred income492/3 | - | - | - | €3,793 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,477 | -€49,679 | -€45,548 | -€37,246 | ▲ 18.2% |
| + Depreciation and write-downs630 | €5,333 | €5,333 | €5,333 | €1,857 | ▼ 65.2% |
| Operating cash flow (approximation) | €17,811 | -€44,346 | -€40,215 | -€35,389 | ▲ 12.0% |
| Investment in fixed assets (approximation) | - | -€1,320 | €0 | -€45,358 | - |
| Change in cash | - | €63,850 | €301,957 | -€118,353 | ▼ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
30-04
Financial
Weakest financial yearnet -€49,679
Net result drops to -€49,679, the lowest in the series; recovery starts the following year.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Torhout · 1 establishment unit since 2016
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.
Margareta van Constantinopelstr. 168820 Torhout1 establishment unit
DDB-CONSTRUCTION
since 20162.254.934.551
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,393. 4,882 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2016
Fiscal year end30-04
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0657763235
Also
9925:BE0657763235
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.