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DEN CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearRue Bonne Espérance 15, 4680 Oupeye, BelgiumKBO/BCE: BE 1021.597.664
Summary

DEN CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,726 and a net result of €20,726. Its solvency ranks better than 24% of 34,356 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€112,524total assets 2025
Equity
€25,726
Profit
€20,726
Turnover not published (micro format)
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts 22 days early
Why 67raises riskFounded in 2025Size: total assets €112,524Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.31, cash €26,888Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 57% of its sector peers (NACE 43, micro)
Financial strength
Strong
Solvency 48
equity 22.9% of total assets
Liquidity 70
short-term debt 26.4% · cash 23.9%
Profitability 92
return on assets 18.4%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,571 companies, NACE 43, micro)
Last 24 months 04-2026: 1.9% 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 1.0%▼ -1.3 percentage points vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity tight (current ratio 1.31, below the usual 1.5; short-term debt: 26.4% and cash: 23.9% of total assets), and 77.1% 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 24% on solvency, 68% on liquidity and 78% on profitability.

The bankruptcy probability was computed on 17-10-2026 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

Six signals.
lowers riskraises riskneutral
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 1.31, cash €26,888
NBB · annual accounts
raises risk · Size: total assets €112,524
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 34356 sector peers (2025).
NBB · sector comparison
Position among 34356 sector peers
Solvency
better than 24%
← weakest strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 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. IncorporationAppointments: DESIMPELE Denis (director) and…

Financials · financial year 2025, micro format

Equity
€25,726
Total assets
€112,524
Net result
€20,726
Working capital
€9,159

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

Balance-sheet composition
Assets €112,524
Fixed assets €73,661
Current assets €38,863
Equity and liabilities €112,524
Equity €25,726
Debt €86,798
Debt finances 77.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€28,961
Cash flow
€24,510
Current ratio
1.31
Debt to equity
3.37
ROE
80.6%
ROA
18.4%
Interest coverage
35.33
Debt ≤ 1 year
€29,704
Debt > 1 year
€57,094
Income taxes
€3,632

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,473 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 2,390 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€112,524
Fixed assets21/28€73,661
Tangible fixed assets22/27€73,661
Plant, machinery and equipment23€40,153
Furniture and vehicles24€33,507
Current assets29/58€38,863
Amounts receivable within one year40/41€11,975
Trade receivables40€5,168
Other amounts receivable41€6,807
Cash at bank and in hand54/58€26,888
Equity and liabilities
Total equity and liabilities10/49€112,524
Equity10/15€25,726
Contributions10/11€5,000
Profit (loss) carried forward14€20,726
Amounts payable17/49€86,798
Amounts payable after more than one year17€57,094
Financial debts170/4€57,094
Amounts payable within one year42/48€29,704
Current portion of amounts payable after more than one year42€13,562
Trade debts44€1,182
Suppliers440/4€1,182
Taxes, remuneration and social security45€3,632
Taxes450/3€3,632
Other amounts payable47/48€11,329
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,784
Other operating charges640/8€299
Gross operating margin9900€29,260
Operating profit (loss)9901€25,177
Financial charges65/66B€820
Recurring financial charges65€820
Profit (loss) for the period before taxes9903€24,357
Income taxes67/77€3,632
Profit (loss) for the period9904€20,726
Profit (loss) for the period to be appropriated9905€20,726
Appropriation of the result
Profit (loss) to be appropriated9906€20,726

The notes to these accounts (6 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€3,784
Other operating charges640/8€299
Gross operating margin9900€29,260
Operating profit (loss)9901€25,177
Financial charges65/66B€820
Recurring financial charges65€820
Profit (loss) for the period before taxes9903€24,357
Income taxes67/77€3,632
Profit (loss) for the period9904€20,726
Profit (loss) for the period to be appropriated9905€20,726
Line2025
Assets
Total assets20/58€112,524
Fixed assets21/28€73,661
Tangible fixed assets22/27€73,661
Plant, machinery and equipment23€40,153
Furniture and vehicles24€33,507
Current assets29/58€38,863
Amounts receivable within one year40/41€11,975
Trade receivables40€5,168
Other amounts receivable41€6,807
Cash at bank and in hand54/58€26,888
Equity and liabilities
Total equity and liabilities10/49€112,524
Equity10/15€25,726
Contributions10/11€5,000
Profit (loss) carried forward14€20,726
Amounts payable17/49€86,798
Amounts payable after more than one year17€57,094
Financial debts170/4€57,094
Amounts payable within one year42/48€29,704
Current portion of amounts payable after more than one year42€13,562
Trade debts44€1,182
Suppliers440/4€1,182
Taxes, remuneration and social security45€3,632
Taxes450/3€3,632
Other amounts payable47/48€11,329
Line2025
Profit (loss) for the period9904€20,726
+ Depreciation and write-downs630€3,784
Operating cash flow (approximation)€24,510

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 09-07-2026 2026-00273244

Similar companies · same sector, comparable size

Of the 8,329 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,276. 2,173 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

DEN CONSTRUCT was incorporated on 28 March 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
09-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
01-04
Gazette deed Incorporation
Appointments: DESIMPELE Denis (director) and KOOLS Marie Sylviane Pascale (director) · Founder · Founding capital14 facts ▸
  • Founder, DESIMPELE Denis Thierry Christophe Henry André
  • Founding capital, €5,000
  • Other provision, “plan financier, resté annexé à l’acte notarié” (deed in French)
  • Other provision, “responsabilité du fondateur en cas de faillite, faillite dans les trois ans de la constitution” (deed in French)
  • Other provision, “arrêt des statuts, arrêter comme suit les statuts de la société” (deed in French)
  • Other provision, “fondateur, Efficacité dispositions finales et transitoires” (deed in French)
  • Registered office clause, “4680 Oupeye,rue Bonne Espérance 15” (deed in French)
  • Other provision, “Site internet et adresse électronique, Néant” (deed in French)
  • Board rule, 2
  • Director appointment, DESIMPELE Denis (director (not named in the articles))
  • Director appointment, KOOLS Marie Sylviane Pascale (director (not named in the articles))
  • Pre-incorporation commitments, DEN CONSTRUCT
  • +2 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded28-03-2025
Financial year end31-12
Activities, NACEBEL 2025
43120Site preparation
81300Landscape service activities
Contact
E-mail desimpele@icloud.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021597664
Also 9925:BE1021597664
Registered 22-01-2026

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

Register as of 17 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 1021.597.664

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

Sites & property

Location & real-estate footprint
Registered office, Oupeye · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
974 m²
Building footprint
110 m²
Building volume
651 m³
Parcel 62079A0743/00P000, Wallonia · tallest building 6.9 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DEN CONSTRUCT
Rue Bonne Espérance 15, 4680 OupeyeSite preparation
since 2025unit no. 2.372.420.753
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62079A0743/00P000 Wallonia 974 m² 1 · 110 m² 6.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tous travaux de terrassement, y compris le nivellement, l'excavation, l'enrochement, le déblai et le remblai de terrains, la stabilisation…” (deed in French)
7 activities (deed in French)
  1. Tous travaux de terrassement, y compris le nivellement, l'excavation, l'enrochement, le déblai et le remblai de terrains, la stabilisation de sols et la création de plateformes.
  2. La préparation de sites en vue de constructions ou d’aménagements, incluant le défrichage, le dessouchage, le drainage, l’évacuation de terres et gravats, ainsi que la mise en conformité des terrains.
  3. Les travaux d’assainissement et d’infrastructures liés aux aménagements de terrains, tels que la pose de canalisations, la gestion des eaux pluviales et la création d’accès.
  4. La location de matériel et d’engins de chantier avec ou sans opérateur, dans le cadre de ses activités principales.
  5. L’achat, la vente, l’importation et l’exportation de matériaux de construction et de terrassement nécessaires à ses activités.
  6. La sous-traitance et la collaboration avec d’autres entreprises du secteur du bâtiment et des travaux publics.
  7. L’exercice d’un mandat d’administrateur ou de gérant dans une autre société ayant un objet identique ou compatible au sien.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DEN CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Organe d’administration, Région wallonne” (deed in French)

deed of 01-04-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Indépendamment des frais éventuels de représentation,voyages et déplacements, mandat exercé gratuitement ou non” (deed in French)

deed of 01-04-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)
“Nominatives, droit de vote à l’usufruitier exclusivement sauf convention contraire notifiée” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Héritiers et légataires non de plein droit tenus de solliciter agrément mêmes formalités, société ne comptant qu’un actionnaire libre de…” (deed in French)

deed of 01-04-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Monday of June at 19:00

deed of 01-04-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“À tout temps par décision assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Pour quelque cause et à quelque moment, faculté assemblée de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 01-04-2025

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

Other provision: “Appels de fonds, actions doivent être libérées à leur émission” (deed in French)
Other provision: “Un ou plusieurs commissaires, Contrôle de la société” (deed in French)
Other provision: “Admission à l’assemblée générale, peut participer sans voter si seul droit de vote suspendu” (deed in French)
Other provision: “Administrateur ou,à défaut,actionnaire présent détenant le plus d’actions ou,en cas de parité,plus âgé, Séances – procès-verbaux” (deed in French)
Other provision: “Organe d’administration, trois semaines” (deed in French)
Other provision: “Vote par correspondance, organe d’administration” (deed in French)
Other provision: “Toutes décisions relevant de l’assemblée générale à l’unanimité dans limites de la loi, Assemblée générale par procédure écrite” (deed in French)
Other provision: “Assemblée générale électronique, qualité et identité contrôlées et garanties par modalités définies dans règlement interne établi par…” (deed in French)
Liquidation distribution: “Actif net réparti entre actionnaires en proportion actions,biens conservés remis pour partage même proportion, si actions non entièrement…” (deed in French)
Other provision: “Election de domicile, communications,sommations,assignations,significations valablement faites” (deed in French)
Other provision: “Tribunaux du siège,compétence exclusive, Compétence judiciaire” (deed in French)
Other provision: “Droit commun, dispositions Code des sociétés et des associations auxquelles pas licitement dérogé réputées inscrites” (deed in French)
3 more provisions in the deed, see the deed of 01-04-2025

deed of 01-04-2025