DDC GROUP
ActiveThe computed 12-month bankruptcy probability of DDC GROUP is 1.7% (moderate). The 2024 annual accounts show equity of €97k and a net result of €12k. Equity is growing by ~50.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 3549 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62=
Solvency66▲+5
Growth85=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.29 in 2023; short-term debt: 58.6% and cash: 30.3% of total assets), and 58.6% 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.
+raises risk○neutral
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 →
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 2024Solvency, return and age of the figures
Solvency
41.4%
Return on assets
5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
31 d late
2022
22 d early
2021
32 d early
2020
34 d early
2019
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€976k▲ 14.9%
2023 · €849k
2018: €93k
2019: €167k
2020: €280k
2021: €371k
2022: €621k
2023: €849k
2018 → 2024
EBIT margin
2.9%=
2023 · 2.9%
2018: 0.5%
2019: 0.1%
2020: 14.6%
2021: 2.4%
2022: 8.6%
2023: 2.9%
2018 → 2024
Net result
€12k▲ 16.1%
2023 · €10k
2018: €318
2019: €54
2020: €31k
2021: €2k
2022: €34k
2023: €10k
2018 → 2024
Working capital
€66k▲ 51.1%
2023 · €43k
2018: €-15k
2019: €-13k
2020: €18k
2021: €33k
2022: €68k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€280k-€371k▲ 32.6%€621k▲ 67.4%€849k▲ 36.7%€976k▲ 14.9%
Equity€21k-€42k▲ 102%€76k▲ 81.6%€86k▲ 13.4%€97k▲ 13.7%
Operating result€41k-€9k▼ 78.3%€53k▲ 504%€25k▼ 53.2%€28k▲ 13.2%
Net result€31k-€2k▼ 92.2%€34k▲ 1,300%€10k▼ 70.2%€12k▲ 16.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 13% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €235k
Fixed assets
€32k▼ 24.7%
Current assets
€204k▲ 5.7%
Equity and liabilities €235k
Equity
€97k▲ 13.7%
Debt
€138k▼ 7.6%
The debt ratio falls from 63.5% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2023 · €37k
Cash flow
€25k▲
2023 · €23k
Solvency
41.4%▲
2023 · 36.5%
Current ratio
1.48▲
2023 · 1.29
Quick ratio
1.39▲
2023 · 1.22
Debt / equity
1.42▼
2023 · 1.74
ROE
12.1%▲
2023 · 11.8%
ROA
5.0%▲
2023 · 4.3%
Interest coverage
12.20▼
2023 · 14.08
Debt
€138k▼
2023 · €149k
Debt ≤ 1 year
€138k▼
2023 · €149k
Income taxes
€13k▲
2023 · €12k
Staff costs
€247k▲
2023 · €223k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€235k€235k▲
Fixed assets21/28€42k€32k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€39k€28k▼
Plant, machinery and equipment23€4k€1k▼
Furniture and vehicles24€35k€27k▼
Financial fixed assets28€3k€3k▲
Current assets29/58€193k€204k▲
Stocks and contracts in progress3€11k€12k▲
Stocks30/36€11k€12k▲
Amounts receivable within one year40/41€106k€121k▲
Trade receivables40€89k€68k▼
Other amounts receivable41€17k€52k▲
Cash at bank and in hand54/58€76k€71k▼
Equity and liabilities
Total equity and liabilities10/49€235k€235k▲
Equity10/15€86k€97k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€21k€21k▲
Non-distributable reserves130/1€626€1k▲
Legal reserve130€626€1k▲
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€46k€58k▲
Amounts payable17/49€149k€138k▼
Amounts payable within one year42/48€149k€138k▼
Financial debts43€40k€26k▼
Credit institutions430/8€40k€26k▼
Trade debts44€66k€90k▲
Suppliers440/4€66k€90k▲
Taxes, remuneration and social security45€38k€22k▼
Taxes450/3-€5k
Remuneration and social security454/9€38k€17k▼
Other amounts payable47/48€5k-
Income statement
Code20232024
Turnover70€849k€976k▲
Non-recurring operating income76A-€28
Goods, raw materials, services and sundry goods60/61€627k€755k▲
Remuneration, social security and pensions62€223k€247k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€20k-
Other operating charges640/8€3k€1k▼
Gross operating margin9900€284k€290k▲
Operating profit (loss)9901€25k€28k▲
Financial income75/76B€0€15▲
Recurring financial income75€0€15▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€22k€25k▲
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€10k€12k▲
Profit (loss) for the period to be appropriated9905€10k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€58k▲
Profit (loss) brought forward from the previous period14P€37k€47k▲
Transfer to equity691/2€506€587▲
To the legal reserve6920€506€587▲
Social balance
Average headcount (FTE)90874.24.8▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
09-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €34k ▲1300%
Operating result €53k, net result €34k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.64
Current ratio from 0.66 to 1.64; short-term debt falls from €38k to €28k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €54 ▼83%
Net result drops to €54, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-06-2021
Resigned as Manager
Location & real-estate footprint
Registered office, Wavre · 2 establishment units since 2015
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.
Rue de Genval 301301 WavreGround area
3,267 m²
Building footprint
269 m²
Volume, LiDAR
1,642 m³
2 parcels, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Rue de Genval 30, 1301 Wavre
since 20152.244.778.750
DDC Group - Alarm Solutions
since 20212.318.372.155
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006B0093/00G000 | Wallonia | 2,582 m² | 1 · 167 m² | 8.4 m · 2 fl. |
| 25113C0196/00T002 | Wallonia | 686 m² | 1 · 102 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,815 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2015
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
80090Investigation and security activities
80200Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cj@alarmsolutions.be
E-mail:didieralexander@hotmail.com