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DDK Solutions

Active
Private limited companyfounded 2025active for 1 yearDe Hoef 43, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 1020.280.840
Summary

DDK Solutions has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,520 and a net result of €4,520. Its solvency ranks better than 91% of 34,234 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€10,920total assets 2025
Equity
€9,520
Profit
€4,520
Turnover not published (micro format)
Financial health
73 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Accounts 36 days early
Why 73raises riskSize: total assets €10,920Founded in 2025lowers riskLiquidity: current ratio 4.37, cash €2,272Equity €9,520 (87.2% of total assets)Show the evidence

Checked score

Score 2025
73 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 85% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 100
equity 87.2% of total assets
Liquidity 74
short-term debt 12.8% · cash 20.8%
Profitability 100
return on assets 41.4%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,554 companies, NACE 43, micro)
Last 24 months 03-2026: 1.9% 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 2.3%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 0.6%▼ -1.7 percentage points vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.37, above the usual 1.5; short-term debt: 12.8% and cash: 20.8% of total assets), and 12.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 73% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €10,920
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 4.37, cash €2,272
NBB · annual accounts
lowers risk · Equity €9,520 (87.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
36 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: KENENS Devlin (director) ·…

Financials · financial year 2025, micro format

Equity
€9,520
Total assets
€10,920
Net result
€4,520
Working capital
€4,714

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €10,920
Fixed assets €4,806
Current assets €6,113
Equity and liabilities €10,920
Equity €9,520
Debt €1,399
Debt finances 12.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€6,366
Cash flow
€5,326
Current ratio
4.37
Debt to equity
0.15
ROE
47.5%
ROA
41.4%
Interest coverage
over 100
Debt ≤ 1 year
€1,399
Income taxes
€1,086

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€10,920
Fixed assets21/28€4,806
Tangible fixed assets22/27€4,806
Plant, machinery and equipment23€3,429
Furniture and vehicles24€1,377
Current assets29/58€6,113
Amounts receivable within one year40/41€3,350
Trade receivables40€1,127
Other amounts receivable41€2,223
Cash at bank and in hand54/58€2,272
Deferred charges and accrued income490/1€491
Equity and liabilities
Total equity and liabilities10/49€10,920
Equity10/15€9,520
Contributions10/11€5,000
Profit (loss) carried forward14€4,520
Amounts payable17/49€1,399
Amounts payable within one year42/48€1,399
Trade debts44€164
Suppliers440/4€164
Taxes, remuneration and social security45€1,235
Taxes450/3€1,235
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€806
Gross operating margin9900€6,366
Operating profit (loss)9901€5,560
Financial income75/76B€55
Recurring financial income75€55
Financial charges65/66B€9
Recurring financial charges65€9
Profit (loss) for the period before taxes9903€5,606
Income taxes67/77€1,086
Profit (loss) for the period9904€4,520
Profit (loss) for the period to be appropriated9905€4,520
Appropriation of the result
Profit (loss) to be appropriated9906€4,520

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€806
Gross operating margin9900€6,366
Operating profit (loss)9901€5,560
Financial income75/76B€55
Recurring financial income75€55
Financial charges65/66B€9
Recurring financial charges65€9
Profit (loss) for the period before taxes9903€5,606
Income taxes67/77€1,086
Profit (loss) for the period9904€4,520
Profit (loss) for the period to be appropriated9905€4,520
Line2025
Assets
Total assets20/58€10,920
Fixed assets21/28€4,806
Tangible fixed assets22/27€4,806
Plant, machinery and equipment23€3,429
Furniture and vehicles24€1,377
Current assets29/58€6,113
Amounts receivable within one year40/41€3,350
Trade receivables40€1,127
Other amounts receivable41€2,223
Cash at bank and in hand54/58€2,272
Deferred charges and accrued income490/1€491
Equity and liabilities
Total equity and liabilities10/49€10,920
Equity10/15€9,520
Contributions10/11€5,000
Profit (loss) carried forward14€4,520
Amounts payable17/49€1,399
Amounts payable within one year42/48€1,399
Trade debts44€164
Suppliers440/4€164
Taxes, remuneration and social security45€1,235
Taxes450/3€1,235
Line2025
Profit (loss) for the period9904€4,520
+ Depreciation and write-downs630€806
Operating cash flow (approximation)€5,326

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 25-06-2026 2026-00198245

Similar companies · same sector, comparable size

Of the 19,831 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,194. 4,590 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

DDK Solutions was incorporated on 21 February 2025 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
25-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
25-02
Gazette deed Incorporation
Appointment: KENENS Devlin (director) · Permanent representative: KENENS Devlin · Founder8 facts ▸
  • Incorporation, “DDK Solutions” (deed in Dutch)
  • Founder, KENENS Devlin Gilbert Rita
  • Founding capital, €5,000
  • Registered office clause, “3530 Houthalen-Helchteren, De Hoef 43” (deed in Dutch)
  • Board rule, 1, “vergadering” (deed in Dutch)
  • Director appointment, KENENS Devlin (director)
  • Permanent representative, KENENS Devlin
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en activiteiten ondernomen binnen twee jaar voor verlijden akte door comparanten in naam en voor rekening van ve…” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded21-02-2025
Financial year end31-12
Activities, NACEBEL 2025
43320Joinery installation
77210Renting and leasing of sports and recreation goods
77229Renting and leasing of other personal and household goods
93299Other amusement and recreation activities
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID 0208:1020280840
Also 9925:BE1020280840
Registered 18-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 16 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1020.280.840

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
1,356 m²
Building footprint
188 m²
Parcel 72014D0767/00S000, Flanders. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DDK Solutions
De Hoef 43, 3530 Houthalen-HelchterenJoinery installation
since 2025unit no. 2.370.434.530
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
72014D0767/00S000 Flanders 1,356 m² 1 · 188 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DDK Solutions
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, België of buitenland” (deed in Dutch)

deed of 25-02-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bestuursorgaan, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)

deed of 25-02-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Monday of June at 18:00

deed of 25-02-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Één of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen, wettelijke regels” (deed in Dutch)

deed of 25-02-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bestuursbevoegdheden, geheel van bevoegdheden toegekend met mogelijkheid deel te delegeren” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan” (deed in Dutch)
Other provision: “Toegang algemene vergadering, indien enkel stemrechten geschorst mag nog deelnemen zonder stemming” (deed in Dutch)
Other provision: “Bestemming winst reserves interimdividend, winst lopende boekjaar of winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd” (deed in Dutch)
Other provision: “Bepalingen WVV waarvan niet geldig afgeweken geacht ingeschreven, clausules strijdig met dwingende bepalingen geacht niet geschreven, gemeen…” (deed in Dutch)
4 more provisions in the deed, see the deed of 25-02-2025

deed of 25-02-2025