DDM CONSTRUCT
ActiveSummary
DDM CONSTRUCT has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,306 and a net result of €14,896. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 0.8 FTE
- Equity
- €15,306
- Profit
- €14,896
- Parent
- DDM INVEST · 100%
Why 88raises riskEquity €15,306 (7.7% of total assets)lowers riskLiquidity: current ratio 1.08, cash €93,238Founded in 2009Sector: Real estate activities (NACE 68)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, micro): better than 28% on solvency, 49% on liquidity, 46% on profitability and 99% on growth.
The bankruptcy probability was computed on 26-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 26 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €14,896
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 165% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 1,325 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 95.1% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
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 1,325 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0 | €65 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | - | €35,478 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €738 | €2,215 | - | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,205 | €280 | €493 | €1,633 | €1,258 | ▼ 22.9% |
| Gross operating margin9900 | -€188 | €1,942 | €142 | €0 | -€65 | €100,892 | €8,457 | €54,788 | ▲ 548% |
| Operating profit (loss)9901 | -€1,482 | -€772 | -€12 | -€1,205 | -€345 | €100,398 | €6,824 | €18,052 | ▲ 165% |
| Financial income75/76B | - | - | - | €100 | - | - | - | €50 | - |
| Recurring financial income75 | - | €0 | - | €100 | - | - | - | €50 | - |
| Financial charges65/66B | - | - | - | €13,971 | €23,264 | €49,877 | €15,876 | €612 | ▼ 96.1% |
| Recurring financial charges65 | €117 | €3 | €259 | €13,971 | €23,264 | €49,877 | €15,876 | €612 | ▼ 96.1% |
| Profit (loss) for the period before taxes9903 | -€1,599 | -€776 | -€271 | -€15,075 | -€23,609 | €50,521 | -€9,052 | €17,489 | - |
| Income taxes67/77 | - | - | - | - | - | €1,014 | €0 | €2,593 | - |
| Profit (loss) for the period9904 | -€1,599 | -€776 | -€271 | -€15,075 | -€23,609 | €49,507 | -€9,052 | €14,896 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,599 | -€776 | -€271 | -€15,075 | -€23,609 | €49,507 | -€9,052 | €14,896 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.003m | €0.002m | €305 | €0.5m | €2.1m | €1.0m | €0.2m | €0.2m | ▲ 19.8% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | €0 | - | - | - |
| Fixed assets21/28 | €0.002m | €0 | - | €0.5m | €2.0m | €0 | - | - | - |
| Tangible fixed assets22/27 | €0.002m | €0 | - | €0.5m | €2.0m | €0 | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €0.5m | €2.0m | €0 | - | - | - |
| Current assets29/58 | €286 | €0.002m | €305 | €0.07m | €0.06m | €1.0m | €0.2m | €0.2m | ▲ 19.8% |
| Stocks and contracts in progress3 | - | - | - | - | - | €0 | €0.008m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | - | - | €0 | €0.008m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €284 | €0.002m | €284 | €289 | €303 | €1.0m | €0.2m | €0.1m | ▼ 32.0% |
| Trade receivables40 | - | - | - | €284 | €284 | €1.0m | €0.2m | €0.1m | ▼ 32.0% |
| Other amounts receivable41 | - | - | - | €5 | €18 | €0 | €102 | €196 | ▲ 91.3% |
| Cash at bank and in hand54/58 | €2 | €118 | €21 | €0.07m | €0.06m | €0.03m | €0.003m | €0.09m | ▲ 30× |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €0.001m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.003m | €0.002m | €305 | €0.5m | €2.1m | €1.0m | €0.2m | €0.2m | ▲ 19.8% |
| Equity10/15 | -€315 | -€0.001m | -€0.001m | -€0.02m | -€0.04m | €0.009m | €410 | €0.02m | ▲ 37× |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €26 | €26 | €26 | €26 | €26 | €26 | €26 | €26 | = |
| Non-distributable reserves130/1 | - | - | - | €26 | €26 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €26 | €26 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €26 | €26 | €26 | = |
| Profit (loss) carried forward14 | -€0.007m | -€0.007m | -€0.008m | -€0.02m | -€0.05m | €0.003m | -€0.006m | €0.009m | - |
| Amounts payable17/49 | €0.003m | €0.003m | €0.002m | €0.5m | €2.1m | €1.0m | €0.2m | €0.2m | ▲ 10.9% |
| Amounts payable after more than one year17 | - | - | - | €0.3m | €1.9m | €0.7m | €0 | - | - |
| Financial debts170/4 | - | - | - | €0.3m | €1.9m | €0.7m | €0 | - | - |
| Amounts payable within one year42/48 | €0.002m | €0.003m | €0.002m | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 10.9% |
| Trade debts44 | €0.002m | €0.002m | €241 | €0.09m | €0.05m | €0 | €0.001m | €0.004m | ▲ 427% |
| Suppliers440/4 | - | - | - | €0.09m | €0.05m | €0 | €0.001m | €0.004m | ▲ 427% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €0 | €0.001m | €115 | €0.01m | ▲ 126× |
| Taxes450/3 | - | - | - | €0 | €0 | €0.001m | €115 | €0.01m | ▲ 126× |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.1m | €0.3m | €0.2m | €0.2m | ▲ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | €100 | €100 | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.002m | -€0.001m | -€271 | -€0.02m | -€0.02m | €0.05m | -€0.009m | €0.01m | - |
| + Depreciation and write-downs630 | €0.001m | €0.002m | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€0.001m | €0.001m | -€271 | -€0.02m | -€0.02m | €0.05m | -€0.009m | €0.01m | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | -€1.5m | €2.0m | - | - | - |
| Change in cash | - | €117 | -€97 | €0.07m | -€0.007m | -€0.03m | -€0.02m | €0.09m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 05-06-2026 | 2026-00139299 |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00417990 |
| 31-12-2023 | abbreviated format | 29-07-2024 | 2024-00298190 |
| 31-12-2022 | abbreviated format | 29-08-2023 | 2023-00369217 |
| 31-12-2021 | abbreviated format | 30-11-2022 | 2022-20528409 |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-63900383 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-47200555 |
| 31-12-2018 | micro format | 08-10-2019 | 2019-69800492 |
| 31-12-2017 | micro format | 27-09-2018 | 2018-67500173 |
| 31-12-2016 | micro format | 29-08-2017 | 2017-51400381 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE MUNTER David Daniel Gerard Simone |
|
Owners and capital
Owners
2 ownersChain of control
- DDM INVEST
- DDM CONSTRUCT
Highest known parent: DDM INVEST. The sources do not say who stands above it.
Owners 2
-
100%
- DDMIparentSourceaccounts DDMI 31-03-2026100%
According to the 2023 annual accounts of DDM CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 11-01-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
26-06
Gazette deed
Registered officeRegistered-office move · Director in office4 facts ▸
- Board meeting, 02-05-2024
- Registered-office move, Graanmarkt 11,bus 001,2000 Antwerpen
- Director in office, David De Munter (director)
- Other provision, “zaakvoerder, functie” (deed in Dutch)
11-01
Gazette deed
Resignation: DE MUNTER David Daniel Gerard Simone (statutaire bestuurder, voormalige statutaire zaakvoerder)Appointment: DE MUNTER David Daniel Gerard Simone (director) · Permanent representative: DE MUNTER David Daniel Gerard Simone · Capital conversion15 facts ▸
- General meeting, 28-12-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “tevens voor eventuele toekomstige bijstortingen van het in het verleden geplaatste kapitaal dat nog niet werd gestort, opheffen” (deed in Dutch)
- Other provision, 28-12-2023
- Purpose change
- Name change, DDM CONSTRUCT
- Amendment of the articles (3 times)
- Capital
- Other provision, “notary advice, statutaire overdrachtsbeperkingen dienen te worden opgenomen in het aandelenregister, en, wanneer één van de partijen daarom verzoekt, eveneens d…” (deed in Dutch)
- Director resignation, DE MUNTER David Daniel Gerard Simone (statutaire bestuurder, voormalige statutaire zaakvoerder)
- Director appointment, DE MUNTER David Daniel Gerard Simone (director (not named in the articles))
- Permanent representative, DE MUNTER David Daniel Gerard Simone
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 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 0817.994.961
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11803C1142/00D000 | Flanders | 474 m² | 1 · 473 m² | 19.5 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “- het organiseren van manifestaties in de breedste zin van het woord, zoals onder andere show, cultuur-, sport-, theater-, publicitaire en…” (deed in Dutch)
25 activities (deed in Dutch)
- - het organiseren van manifestaties in de breedste zin van het woord, zoals onder andere show, cultuur-, sport-, theater-, publicitaire en andere evenementen.
- - ontwikkeling, beheer, koop- en verkoop (zowel groot- als kleinhandel) en installatie van software, hardware en elektronica in de breedste zin van het woord, met inbegrip van webdesign en grafisch design.
- - groot- en kleinhandel in allerhande huishoudproducten, gadgets en siervoorwerpen.
- - import en export
- - verhuur van auto’s en boten met de aanverwante dienstverleningen
- - verhuur van feestzalen en het verzorgen en organiseren van feesten, met alle daaraan verbonden dienstverleningen, waaronder de catering.
- - het uitgeven en laten drukken van tijdschriften, reclame, brochures en computermedia.
- - allerlei immobiliën-activiteiten, met inbegrip van koop- en verkoop-, huur- en verhuur, bouwen en verbouwen van huizen, appartementen en kantoren.
- - advies en consulting in verband met alle voorgaande activiteiten.
- - projectontwikkeling in de meest ruime zin van het woord.
- - bouwen, verbouwen, kopen, verkopen, huren, verhuren verkavelen, verbeteren, verfraaien van onroerende goederen, dit alles in de meest ruime zin.
- - handel in eigen onroerend goed.
- - overige zakelijke dienstverlening.
- - het aanleggen, het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen;
- - alle studiën en operaties met betrekking tot alle onroerende goederen en rechten en tot alle roerende goederen en rechten welke daaruit voorvloeien, zoals de aankoop, de bouw, de verbouwing, de aanpassing, de huur en onderhuur, de ruiling, de verkoop, en in het algemeen, alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, voor zichzelf of voor anderen van alle bebouwde en onbebouwde onroerende eigendommen,
- - de studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken, als algemene aannemer of in onderaanneming, het ontwerp en de bouw van alle mogelijke gebouwen en bouwsels, de studie en de uitvoering van binnen- en buitendecoraties:
- - alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud, de renovatie, het herstel, de verfraaiing, de vernieuwing en de modernisering van alle soorten kunstwerken en onroerende goederen en, algemeen genomen, alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare of particuliere bouwwerken;
- - het verstrekken van advies en bijstand, zowel technisch als administratief en commercieel, aan alle vennootschappen en ondernemingen voor alle mogelijke aangelegenheden met betrekking tot de sector van onroerende goederen;
- - het verwerven van alle mogelijke terreinen, het bouwen van openbare en particuliere gebouwen, de aankoop, de verkoop, de verhuur, de verdeling en de verkaveling van alle mogelijke onroerende goederen;
- - al de werkzaamheden met betrekking tot de verdeling van water, gas, elektriciteit , enz;
- - de aankoop, de verkoop, de huur, de invoer en uitvoer van alle mogelijke materialen, goederen, toestellen en materieel, noodzakelijk voor de bouw, het onderhoud, het herstel en de vernieuwing van gebouwen:
- - de voorbereiding, de opstelling en het afsluiten, zowel als mandataris als voor eigen rekening van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden.
- - De uitbating van ruimten met kantoor-, hotel- of restaurantbestemming, alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het creëren, bouwen, verwerven, verkopen, verhuren, uitbaten van en investeren in hotelresidenties, hotels, restaurants, en in het algemeen handelsinrichtingen of kantoorruimten;
- - de aankoop, de verkoop, het bouwen, het huren en verhuren, de uitbating van rusthuizen en bejaardentehuizen, en in het algemeen van alle onroerende goederen in de zorgsector, het beheer daarvan, verbeteringen en/of opfrissingen van onroerende goederen in de ruimste zin van het woord;
- - Het deelnemen in, financieren van en het voeren van directie over andere vennootschappen, één en ander in de ruimste zin.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan worden overgebracht naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Alle akten die de vennootschap…”“De bestuurders mogen onder hun verantwoordelijkheid, zich doen helpen of vertegenwoordigen door mandatarissen of afgevaardigden…”
Full text
De bestuurders mogen onder hun verantwoordelijkheid, zich doen helpen of vertegenwoordigen door mandatarissen of afgevaardigden, aandeelhouders of niet, aan wie zij hun machten ten dele mogen opdragen. Zij mogen aan lasthebbers naar keuze, alle bijzondere machtigingen verlenen.
- Board ruleHow the board is made up, meets and takes decisions.
- 4 provisions in the deed
Capital, shares and profit
- Pre-emptive rightsExisting shareholders may buy new shares first, in proportion to what they already hold.
- “Wettelijk geregeld, indien blote eigenaar voorkeurrecht onbenut laat, kan vruchtgebruiker het uitoefenen” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Rekening houden met wettelijke grenzen van solvabiliteit en liquiditeit, algemene vergadering op voorstel van bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 14:00
- Meeting ruleHow the company's meetings are run.
- “Uitbreiding van de mogelijkheid om deel te nemen aan de Algemene vergadering langs elektronische weg tot de algemene vergadering van…” (deed in Dutch)2 more provisions on this in the deed
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Iedere persoon kan verzaken aan de oproeping en zal in ieder geval als regelmatig opgeroepen worden beschouwd als hij aanwezig of…” (deed in Dutch)1 more provision on this in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Ondertekend door vertegenwoordigingsbevoegde leden van bestuursorgaan, neergelegd in register op zetel, ondertekend door bureau en aanwezige…” (deed in Dutch)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 2 provisions in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “De vergoeding van de externe accountant komt ten laste van de vennootschap indien hij met haar toestemming werd benoemd of indien deze…” (deed in Dutch)1 more provision on this in the deed