Equity
DDC Projects has made a profit without a break since 2017.
DDC Projects has made a profit without a break since 2017.
The micro format states no turnover.
Of this, €80,120 falls due within a year.
Short-term debts fell from €122,247 to €80,120.
The 2020 accounts came latest: 59 days after the end of the period.
Lower solvency than 80% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
The dashed line is the sector median: 0.6% across 829 companies (NACE 31, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 31, micro). It does better than 31% of them on solvency, 66% on liquidity, 51% on profitability and 55% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 4,508 companies had the same profile as DDC Projects has now. Each dot stands for 12 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DDC Projects itself: 0.3% within 12 months.
The method was tested on the 497,447 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 4,508 companies, not a prediction for DDC Projects. 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.
Liquidity is ample, with a current ratio of 2.39 (1.75 in 2024), above the usual 1.5. Short-term debt is 16.9% and cash 15% of total assets. However, 82.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DDC Projects Schilde | €475,022 | €95,886 | 17.5% | - |
| Fin-Iso Vosselaar | €454,852 | €94,666 | 95.5% | - |
| Thomas Campo Antwerp | €461,504 | €106,272 | 7.3% | - |
| GEMA CONCEPT Antwerp | €428,144 | €83,269 | 52.9% | 0 |
| CHIAL Antwerp | €574,470 | €92,328 | 23.1% | - |
| Algemene aannemingen Goussey Poperinge | €492,951 | €103,218 | 20.3% | - |
| O LINE Blegny | €501,272 | €92,092 | 31.4% | - |
These companies have the same main activity as DDC Projects: joinery installation (NACE 43320). They are comparable in size and age: total assets between €428,000 and €574,000, founded between 2013 and 2016.
DDC Projects files the micro format. That format states no turnover. The gross margin fell from €109,598 in 2016 to €95,886 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.