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DG Engineering

Active
Private limited companyfounded 20242 yrs activeAardeweg 2, 9860 Oosterzele, BelgiumKBO/BCE: BE 1009.211.556
Summary

The computed 12-month bankruptcy probability of DG Engineering is 2.4% (moderate). The 2024 annual accounts show negative equity (-€19,106) and a net result of -€44,106. Its solvency ranks better than 9% of 509 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability15
Solvency22
Growth-
Track record67
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.85; short-term debt: 55.7% and cash: 12.8% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-3%
Return on assets
-6.9%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
20 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 20 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 8 May 2024, DG Engineering was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
-€19,106
Total assets
€634,870
Net result
-€44,106
Working capital
-€52,436

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €634,870
Fixed assets €333,995
Current assets €300,875
Key figures and ratios
2024 value
EBITDA
€5,738
Cash flow
-€2,777
Solvency
-3.0%
Current ratio
0.85
Quick ratio
0.51
Debt to equity
-34.23
ROA
-6.9%
Interest coverage
0.63
Debt
€653,976
Debt ≤ 1 year
€353,311
Debt > 1 year
€220,243
Staff costs
€106,056
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 50 lines
Balance sheet Code2024
Assets
Total assets20/58€634,870
Fixed assets21/28€333,995
Intangible fixed assets21€97,544
Tangible fixed assets22/27€236,451
Land and buildings22€1,123
Plant, machinery and equipment23€118,176
Furniture and vehicles24€31,230
Leasing and similar rights25€27,588
Other tangible fixed assets26€58,334
Current assets29/58€300,875
Stocks and contracts in progress3€121,660
Stocks30/36€121,660
Amounts receivable within one year40/41€65,234
Trade receivables40€64,546
Other amounts receivable41€688
Cash at bank and in hand54/58€81,001
Deferred charges and accrued income490/1€32,980
Equity and liabilities
Total equity and liabilities10/49€634,870
Equity10/15-€19,106
Contributions10/11€25,000
Profit (loss) carried forward14-€44,106
Amounts payable17/49€653,976
Amounts payable after more than one year17€220,243
Financial debts170/4€220,243
Amounts payable within one year42/48€353,311
Current portion of amounts payable after more than one year42€85,079
Financial debts43€100,000
Credit institutions430/8€50,000
Other loans439€50,000
Trade debts44€76,652
Suppliers440/4€76,652
Taxes, remuneration and social security45€38,987
Taxes450/3€30,733
Remuneration and social security454/9€8,254
Other amounts payable47/48€52,592
Accrued charges and deferred income492/3€80,422
Income statement Code2024
Remuneration, social security and pensions62€106,056
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,329
Other operating charges640/8€3,043
Gross operating margin9900€114,838
Operating profit (loss)9901-€35,591
Financial income75/76B€524
Recurring financial income75€524
Financial charges65/66B€9,039
Recurring financial charges65€9,039
Profit (loss) for the period before taxes9903-€44,106
Profit (loss) for the period9904-€44,106
Profit (loss) for the period to be appropriated9905-€44,106
Appropriation of the result
Profit (loss) to be appropriated9906-€44,106
Social balance
Average headcount (FTE)90872.4

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€106,056
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41,329
Other operating charges640/8€3,043
Gross operating margin9900€114,838
Operating profit (loss)9901-€35,591
Financial income75/76B€524
Recurring financial income75€524
Financial charges65/66B€9,039
Recurring financial charges65€9,039
Profit (loss) for the period before taxes9903-€44,106
Profit (loss) for the period9904-€44,106
Profit (loss) for the period to be appropriated9905-€44,106
Line2024
Assets
Total assets20/58€634,870
Fixed assets21/28€333,995
Intangible fixed assets21€97,544
Tangible fixed assets22/27€236,451
Land and buildings22€1,123
Plant, machinery and equipment23€118,176
Furniture and vehicles24€31,230
Leasing and similar rights25€27,588
Other tangible fixed assets26€58,334
Current assets29/58€300,875
Stocks and contracts in progress3€121,660
Stocks30/36€121,660
Amounts receivable within one year40/41€65,234
Trade receivables40€64,546
Other amounts receivable41€688
Cash at bank and in hand54/58€81,001
Deferred charges and accrued income490/1€32,980
Equity and liabilities
Total equity and liabilities10/49€634,870
Equity10/15-€19,106
Contributions10/11€25,000
Profit (loss) carried forward14-€44,106
Amounts payable17/49€653,976
Amounts payable after more than one year17€220,243
Financial debts170/4€220,243
Amounts payable within one year42/48€353,311
Current portion of amounts payable after more than one year42€85,079
Financial debts43€100,000
Credit institutions430/8€50,000
Other loans439€50,000
Trade debts44€76,652
Suppliers440/4€76,652
Taxes, remuneration and social security45€38,987
Taxes450/3€30,733
Remuneration and social security454/9€8,254
Other amounts payable47/48€52,592
Accrued charges and deferred income492/3€80,422
Line2024
Profit (loss) for the period9904-€44,106
+ Depreciation and write-downs630€41,329
Operating cash flow (approximation)-€2,777

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

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Timeline · acts, filings and financial milestones

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Oosterzele · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,254 m²
Building footprint
207 m²
Volume, LiDAR
1,080 m³
Parcel 44059A0151/00B000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Agriconstruct
Aardeweg 2, 9860 OosterzeleManufacture of metal structures and parts of structures
since 20242.359.513.023
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44059A0151/00B000 Flanders 3,254 m² 1 · 207 m² 7.6 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 8,970 EUR awarded · 8,970 EUR paid
Year Entries awardedpaid
2025 1 3,852 EUR3,852 EUR
2024 1 5,118 EUR5,118 EUR
Schemes
2 entries · 8,970 EUR · 8,970 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 263 companies in sector 28300 we hold annual accounts for 197. 97 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
Founded08-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
25510Coating of metals
28300Manufacture of machinery and equipment not elsewhere classified
25110Manufacture of metal structures and parts of structures

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