DDL CONSTRUCT
ActiveSummary
DDL CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.3m) and a net result of -€850,679. Equity is shrinking by ~69.5% per year across the filed fiscal years. Its solvency ranks better than 7% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-2
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.72 against 0.75 in 2024; short-term debt: 135.8% and cash: 0.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
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 · 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 2025Solvency, return and age of the figures
Solvency
-35.8%
Return on assets
-13.1%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€2.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
13 d early
2024
20 d early
2023
on the day
2022
9 d early
2021
19 d early
2020
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 16 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#8 company by total assets in Kalmthout, Real estate sector
Equity
-€2.3m▼ 57.6%
2024 · -€1.5m
Total assets
€6.5m▲ 47.9%
2024 · €4.4m
Net result
-€850,679▼ 66.5%
2024 · -€511,022
Working capital
-€2.5m▼ 65.6%
2024 · -€1.5m
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
Line20212022202320242025
Operating result-€236,639▼ 419%-€268,345▼ 13.4%-€752,912▼ 181%-€225,927▲ 70.0%-€531,888▼ 135%
Net result-€328,041below the sector's middle half▼ 375%€328,854above the sector's middle half-€936,375below the sector's middle half-€511,022below the sector's middle half▲ 45.4%-€850,679below the sector's middle half▼ 66.5%
Equity-€357,126below the sector's middle half▼ 1,128%-€28,272below the sector's middle half▲ 92.1%-€964,647below the sector's middle half▼ 3,312%-€1.5mbelow the sector's middle half▼ 53.0%-€2.3mbelow the sector's middle half▼ 57.6%
Total assets€8.3mabove the sector's middle half▲ 49.3%€11.7mabove the sector's middle half▲ 41.1%€4.5mwithin the sector's middle half▼ 61.9%€4.4mwithin the sector's middle half▼ 1.2%€6.5mabove the sector's middle half▲ 47.9%
Debt€8.6m▲ 55.0%€11.7m▲ 35.6%€5.4m▼ 53.8%€5.9m▲ 8.4%€8.8m▲ 50.4%
Working capital-€379,096below the sector's middle half▼ 537%-€161,550below the sector's middle half▲ 57.4%-€978,180below the sector's middle half▼ 505%-€1.5mbelow the sector's middle half▼ 51.5%-€2.5mbelow the sector's middle half▼ 65.6%
Solvency-4.3%below the sector's middle half▼ 3.8pp-0.2%below the sector's middle half▲ 4.1pp-21.7%below the sector's middle half▼ 21.4pp-33.6%below the sector's middle half▼ 11.9pp-35.8%below the sector's middle half▼ 2.2pp
Current ratio0.96within the sector's middle half▼ 0.030.99within the sector's middle half▲ 0.030.82within the sector's middle half▼ 0.170.75within the sector's middle half▼ 0.070.72within the sector's middle half▼ 0.03
Return on assets (ROA)-4.0%below the sector's middle half▼ 2.7pp2.8%within the sector's middle half▲ 6.8pp-21.0%below the sector's middle half▼ 23.8pp-11.6%below the sector's middle half▲ 9.4pp-13.1%below the sector's middle half▼ 1.5pp
Staff (FTE)1.1within the sector's middle half▲ 22.2%0.9within the sector's middle half▼ 18.2%0.9within the sector's middle half=0.9within the sector's middle half=0.9within the sector's middle half=
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €531,888 in 2025 against €225,927 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.5m
Fixed assets
€127,812 ▲ 739%
Current assets
€6.4m ▲ 45.5%
Key figures and ratios
EBITDA
-€502,951▼
2024 · -€224,572
Cash flow
-€821,741▼
2024 · -€509,666
Quick ratio
0.01▼
2024 · 0.05
Debt to equity
-3.80▲
2024 · -3.98
Interest coverage
-1.57▼
2024 · -0.78
Debt ≤ 1 year
€8.8m▲
2024 · €5.9m
Income taxes
€0▲
2024 · -€19
Staff costs
€11,839▼
2024 · €44,094
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,038 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,600 | €64,952 | ▲ 2,398% |
| Remuneration, social security and pensions62 | €38,409 | €40,577 | €42,789 | €44,094 | €11,839 | ▼ 73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,334 | €6,556 | €3,812 | €1,355 | €28,937 | ▲ 2,035% |
| Other operating charges640/8 | €8,511 | €8,394 | €8,270 | €6,304 | €13,712 | ▲ 118% |
| Non-recurring operating charges66A | - | - | - | - | €1,067 | - |
| Gross operating margin9900 | -€181,384 | -€212,819 | -€698,040 | -€174,174 | -€476,332 | ▼ 173% |
| Operating profit (loss)9901 | -€236,639 | -€268,345 | -€752,912 | -€225,927 | -€531,888 | ▼ 135% |
| Financial income75/76B | €52,699 | €769,951 | €7,983 | €3,538 | €2,489 | ▼ 29.6% |
| Recurring financial income75 | €52,699 | €18,691 | €7,733 | €3,538 | €2,489 | ▼ 29.6% |
| Non-recurring financial income76B | - | €751,260 | €250 | - | - | - |
| Financial charges65/66B | €143,992 | €172,752 | €191,427 | €288,651 | €321,280 | ▲ 11.3% |
| Recurring financial charges65 | €143,992 | €172,752 | €185,298 | €288,651 | €321,280 | ▲ 11.3% |
| Non-recurring financial charges66B | - | - | €6,129 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€327,932 | €328,854 | -€936,356 | -€511,040 | -€850,679 | ▼ 66.5% |
| Income taxes67/77 | €109 | - | €19 | -€19 | €0 | ▲ 101% |
| Profit (loss) for the period9904 | -€328,041 | €328,854 | -€936,375 | -€511,022 | -€850,679 | ▼ 66.5% |
| Profit (loss) for the period to be appropriated9905 | -€328,041 | €328,854 | -€936,375 | -€511,022 | -€850,679 | ▼ 66.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.3m | €11.7m | €4.5m | €4.4m | €6.5m | ▲ 47.9% |
| Fixed assets21/28 | €25,020 | €278,024 | €16,583 | €15,228 | €127,812 | ▲ 739% |
| Intangible fixed assets21 | €1,365 | €735 | €105 | - | - | - |
| Tangible fixed assets22/27 | €11,755 | €261,889 | €4,578 | €3,328 | €123,812 | ▲ 3,620% |
| Land and buildings22 | - | €254,129 | - | - | - | - |
| Plant, machinery and equipment23 | €2,982 | €1,259 | €349 | - | - | - |
| Furniture and vehicles24 | €8,774 | €6,502 | €4,230 | €3,328 | €123,812 | ▲ 3,620% |
| Financial fixed assets28 | €11,900 | €15,400 | €11,900 | €11,900 | €4,000 | ▼ 66.4% |
| Current assets29/58 | €8.3m | €11.4m | €4.4m | €4.4m | €6.4m | ▲ 45.5% |
| Stocks and contracts in progress3 | €7.3m | €10.0m | €4.3m | €4.1m | €6.3m | ▲ 54.0% |
| Contracts in progress37 | €7.3m | €10.0m | €4.3m | €4.1m | €6.3m | ▲ 54.0% |
| Amounts receivable within one year40/41 | €803,253 | €1.2m | €88,219 | €297,805 | €90,738 | ▼ 69.5% |
| Trade receivables40 | €801,285 | €1.2m | €61,164 | €297,799 | €89,179 | ▼ 70.1% |
| Other amounts receivable41 | €1,968 | €66,409 | €27,055 | €6 | €1,559 | ▲ 25,294% |
| Cash at bank and in hand54/58 | €132,217 | €193,243 | €25,917 | €1,717 | €6,227 | ▲ 263% |
| Deferred charges and accrued income490/1 | €19,938 | €18,264 | €18,811 | €12,865 | €12,524 | ▼ 2.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.3m | €11.7m | €4.5m | €4.4m | €6.5m | ▲ 47.9% |
| Equity10/15 | -€357,126 | -€28,272 | -€964,647 | -€1.5m | -€2.3m | ▼ 57.6% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€397,126 | -€68,272 | -€1.0m | -€1.5m | -€2.4m | ▼ 56.1% |
| Amounts payable17/49 | €8.6m | €11.7m | €5.4m | €5.9m | €8.8m | ▲ 50.4% |
| Amounts payable after more than one year17 | - | €138,722 | - | - | - | - |
| Financial debts170/4 | - | €138,722 | - | - | - | - |
| Amounts payable within one year42/48 | €8.6m | €11.6m | €5.4m | €5.9m | €8.8m | ▲ 50.6% |
| Financial debts43 | €466,518 | €1.1m | €640,088 | €951,076 | €1.4m | ▲ 46.8% |
| Credit institutions430/8 | €466,518 | €1.1m | €640,088 | €951,076 | €1.4m | ▲ 46.8% |
| Trade debts44 | €750,876 | €224,991 | €202,979 | €82,086 | €316,798 | ▲ 286% |
| Suppliers440/4 | €750,876 | €224,991 | €202,979 | €82,086 | €316,798 | ▲ 286% |
| Advances received on contracts in progress46 | €4.5m | €7.4m | €1.2m | €814,794 | €1.3m | ▲ 64.0% |
| Taxes, remuneration and social security45 | €109,489 | €5,603 | €3,919 | €48,996 | €58,029 | ▲ 18.4% |
| Taxes450/3 | €103,199 | €399 | - | €43,840 | €58,029 | ▲ 32.4% |
| Remuneration and social security454/9 | €6,290 | €5,204 | €3,919 | €5,156 | - | - |
| Other amounts payable47/48 | €2.8m | €2.8m | €3.4m | €4.0m | €5.7m | ▲ 44.3% |
| Accrued charges and deferred income492/3 | €3,050 | €6,024 | €3,050 | €8,922 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€328,041 | €328,854 | -€936,375 | -€511,022 | -€850,679 | ▼ 66.5% |
| + Depreciation and write-downs630 | €8,334 | €6,556 | €3,812 | €1,355 | €28,937 | ▲ 2,035% |
| Operating cash flow (approximation) | -€319,707 | €335,409 | -€932,563 | -€509,666 | -€821,741 | ▼ 61.2% |
| Investment in fixed assets (approximation) | - | -€259,559 | €257,629 | €0 | -€141,522 | - |
| Change in cash | - | €61,026 | -€167,326 | -€24,200 | €4,510 | ▲ 119% |
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
Next filing, fiscal year 2026, expected by
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet -€936,375
Net result drops to -€936,375, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €328,854
Net result €328,854 after 2 loss-making years.
11-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kalmthout · 1 establishment unit since 2019
Ground area
8,765 m²
Building footprint
4,583 m²
Volume, LiDAR
26,931 m³
Parcel 11662E0514/00H002, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Onderzeel (C) 4, 2920 Kalmthout
since 20192.289.952.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0514/00H002 | Flanders | 8,765 m² | 1 · 4,583 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
1%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 9,699 companies in sector 68121 we hold annual accounts for 7,393. 755 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-2018
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715977091
Also
9925:BE0715977091
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.