DG Engineering
ActiveSummary
The computed 12-month bankruptcy probability of DG Engineering is 2.1% (moderate). The 2025 annual accounts show negative equity (-€12,420) and a net result of €6,686. Its solvency ranks better than 10% of 478 sector peers (NACE 28, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-05-2024 Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classified NACE 28300and 2 others
- Joint committees
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2025
- Establishment unit
- 2.359.513.023 9860 Oosterzele, since 08-05-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 13-03-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €297,081
- ▲ 159%
- Turnover
- ≈ €700,000
- estimated
- Profit
- €6,686
- Equity
- -€12,420
- ▲ 35.0%
- Total assets
- €587,118
- ▼ 7.5%
- Employees on 31-12-2025
- 3
- =
- Negative equity on 31-12-2025
Score breakdownraises riskNegative equity -€12,420Founded in 2024Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskSize: 3.2 FTE, total assets €587,118Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 28, micro). It does better than 11% of them on solvency, 10% on liquidity, 34% on profitability and 85% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 26 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a profit of €26,382, after a loss of €35,591 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 3 | 3 |
| full-time | 2 | 2 |
| part-time | 1 | 1 |
| in full-time equivalents | 2.2 | 2.2 |
| Average over the year, in full-time equivalents | 2.4 | 3.2 |
| On a permanent contract | 3 | 3 |
| Joined | 4 | - |
| Left | 1 | - |
Source: social balance sheet in the 2024 to 2025 annual accounts
Securities and guarantees
| Item | 2024 | 2025 |
|---|---|---|
| Debts secured on the company's own assets | €355,322 | €249,200 |
| Pledge on the business | €325,000 | €325,000 |
Source: notes to the 2024 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €269,592 | €25,511 |
| Intangible fixed assets | €105,733 | €18,074 |
| Depreciation and write-downs of the year | €41,329 | €75,014 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €8,970 awarded · €8,970 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €3,852 | €3,852 |
| 2024 | 1 | €5,118 | €5,118 |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €106,056 | €193,000 | ▲ 82.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,329 | €75,014 | ▲ 81.5% |
| Other operating charges640/8 | €3,043 | €2,684 | ▼ 11.8% |
| Gross operating margin9900 | €114,838 | €297,081 | ▲ 159% |
| Operating profit (loss)9901 | -€35,591 | €26,382 | - |
| Financial income75/76B | €524 | €2,238 | ▲ 327% |
| Recurring financial income75 | €524 | €2,238 | ▲ 327% |
| Financial charges65/66B | €9,039 | €20,991 | ▲ 132% |
| Recurring financial charges65 | €9,039 | €20,991 | ▲ 132% |
| Profit (loss) for the period before taxes9903 | -€44,106 | €7,630 | - |
| Income taxes67/77 | - | €944 | - |
| Profit (loss) for the period9904 | -€44,106 | €6,686 | - |
| Profit (loss) for the period to be appropriated9905 | -€44,106 | €6,686 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €634,870 | €587,118 | ▼ 7.5% |
| Fixed assets21/28 | €333,995 | €302,566 | ▼ 9.4% |
| Intangible fixed assets21 | €97,544 | €92,782 | ▼ 4.9% |
| Tangible fixed assets22/27 | €236,451 | €209,784 | ▼ 11.3% |
| Land and buildings22 | €1,123 | €859 | ▼ 23.6% |
| Plant, machinery and equipment23 | €118,176 | €109,617 | ▼ 7.2% |
| Furniture and vehicles24 | €31,230 | €24,587 | ▼ 21.3% |
| Leasing and similar rights25 | €27,588 | €21,123 | ▼ 23.4% |
| Other tangible fixed assets26 | €58,334 | €53,599 | ▼ 8.1% |
| Current assets29/58 | €300,875 | €284,552 | ▼ 5.4% |
| Stocks and contracts in progress3 | €121,660 | €163,445 | ▲ 34.3% |
| Stocks30/36 | €121,660 | €163,445 | ▲ 34.3% |
| Amounts receivable within one year40/41 | €65,234 | €89,669 | ▲ 37.5% |
| Trade receivables40 | €64,546 | €89,335 | ▲ 38.4% |
| Other amounts receivable41 | €688 | €335 | ▼ 51.4% |
| Cash at bank and in hand54/58 | €81,001 | €25,340 | ▼ 68.7% |
| Deferred charges and accrued income490/1 | €32,980 | €6,098 | ▼ 81.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €634,870 | €587,118 | ▼ 7.5% |
| Equity10/15 | -€19,106 | -€12,420 | ▲ 35.0% |
| Contributions10/11 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€44,106 | -€37,420 | ▲ 15.2% |
| Amounts payable17/49 | €653,976 | €599,538 | ▼ 8.3% |
| Amounts payable after more than one year17 | €220,243 | €160,328 | ▼ 27.2% |
| Financial debts170/4 | €220,243 | €160,328 | ▼ 27.2% |
| Amounts payable within one year42/48 | €353,311 | €435,198 | ▲ 23.2% |
| Current portion of amounts payable after more than one year42 | €85,079 | €88,872 | ▲ 4.5% |
| Financial debts43 | €100,000 | €85,000 | ▼ 15.0% |
| Credit institutions430/8 | €50,000 | €50,000 | = |
| Other loans439 | €50,000 | €35,000 | ▼ 30.0% |
| Trade debts44 | €76,652 | €122,653 | ▲ 60.0% |
| Suppliers440/4 | €76,652 | €122,653 | ▲ 60.0% |
| Taxes, remuneration and social security45 | €38,987 | €39,163 | ▲ 0.5% |
| Taxes450/3 | €30,733 | €24,790 | ▼ 19.3% |
| Remuneration and social security454/9 | €8,254 | €14,372 | ▲ 74.1% |
| Other amounts payable47/48 | €52,592 | €99,511 | ▲ 89.2% |
| Accrued charges and deferred income492/3 | €80,422 | €4,011 | ▼ 95.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€44,106 | €6,686 | - |
| + Depreciation and write-downs630 | €41,329 | €75,014 | ▲ 81.5% |
| Operating cash flow (approximation) | -€2,777 | €81,700 | - |
| Investment in fixed assets (approximation) | - | -€43,585 | - |
| Change in cash | - | -€55,661 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 516 companies had the same profile as DG Engineering has now. Two years later, 91.9% were still going and 4.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a profit under 5% of the balance sheet
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DG Engineering itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 516 companies, not a prediction for DG Engineering. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- DUYTSCHAEVER Dieter 25 shares (100%) · €25,000
Capital transactions
- 13-05-2024 Incorporation · €25,000 · 25 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “25, inbrengen”“Op naam, register van aandelen op naam met WVV-vermeldingen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid aantal bij meer kopers, aandeelhouder”
Articles of association, deed of 13-05-2024 (in Dutch)
Network & group
DG Engineering shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of DG Engineering. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-05
Gazette deed
IncorporationStarting capital €25,000 · Appointment: DUYTSCHAEVER Dieter (director) · Founder12 points ▸
- Incorporation, “DG Engineering” (deed in Dutch)
- Founder, DUYTSCHAEVER Dieter
- Other provision, “letterlijk analytisch uittreksel weergegeven, analytisch uittreksel” (deed in Dutch)
- Other provision, 07-05-2024
- Other provision, “aansprakelijkheid bij kennelijk ontoereikend aanvangsvermogen, aanvangsvermogen kennelijk ontoereikend voor normale uitoefening voorgenomen bedrijvigheid over t…” (deed in Dutch)
- Founding capital, €25,000
- Bank account, “BE61734078008217, vennootschap in oprichting” (deed in Dutch)
- Other provision, “statuten luiden als volgt” (deed in Dutch)
- Registered office clause, “Aardeweg 2,9860 Oosterzele, oprichter verklaart zetel zal gevestigd worden” (deed in Dutch)
- Board rule, 1, “oprichter” (deed in Dutch)
- Director appointment, DUYTSCHAEVER Dieter (director (not named in the articles))
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening gesteld voor oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 8 May 2024, DG Engineering was incorporated as a private limited company by one natural person, with a starting capital of €25,000.12 DUYTSCHAEVER Dieter is director of the company, appointed in the act of 13-05-2024.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
30 activities
- Het ontwerpen,ontwikkelen,installeren en onderhouden van accessoires voor wagens,inclusief de ombouw- en uitbouwwerkzaamheden
- De handel in nieuwe en gebruikte auto's,voertuigen,vrachtwagens,trekkers en terreinwagens,motorhomes,caravans,touringcars,minibusjes,enz.
- Handelsbemiddeling en groothandel in onderdelen en accessoires voor motorvoertuigen,al dan niet als commissionair
- Electrotechnische installatiewerken aan gebouwen en machines
- Onderhoud en herstellingswerken van mechanische aard voor rekening van derden
- Uitvoeren aan las- en constructiewerkzaamheden aan installaties en landbouwinstallaties
- Onderhoud aan machines
- Grondverzet en landbouwverzorging
- Engineeren van 4x4 wagens
- Consultancy en dienstverlening inzake productmanagement,PR,publiciteit
- Dienstverlening en advies inzake grafisch ontwerp,design en productontwikkeling
- Verkoop en dienstverlening via internet en diverse kanalen
- De organisatie,begeleiding en deelname aan wedstrijden en evenementen voor voertuigen
- Het geven van opleidingen en lessen,schrijven van artikels en boeken
- De organisatie en de coördinatie van beurzen,tentoonstellingen,congressen,opleidingen,seminaries,sportieve of andere evenementen
- Het ontwikkelen,kopen,verkopen,beheren,in licentie nemen of geven van licenties,octrooien,know-how en andere intellectuele rechten
- Verlenen van dienstprestaties en het uitvoeren van opdrachten onder de vorm van studies,expertise,technische handelingen en raadgevingen of andere op eender welk vlak binnen het maatschappelijk voorwerp
- Het verlenen van adviezen in de ruimste zin met uitzondering van adviezen inzake beleggingen en geldplaatsingen,bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie,verkoop,productie,R&D en algemeen bestuur
- De vennootschap mag uitsluitend in eigen naam en voor eigen rekening,alle financiële activiteiten en alle onroerende verrichtingen stellen welke rechtstreeks verband houden met en beperkt blijven tot de verwezenlijking van haar maatschappelijk voorwerp of welke aard zijn de verwezenlijking ervan te vergemakkelijken
- Toestaan van kredieten aan al dan niet gelieerde vennootschappen
- Het beheren van vennootschappen of ondernemingen,ongeacht het voorwerp dat deze mochten hebben,en dit zelfs in hoedanigheid van bestuurder,gedelegeerd bestuurder of vereffenaar van deze vennootschappen of ondernemingen
- Het waarnemen van bestuurdersopdrachten en opdrachten van vereffenaars,optreden als managementvennootschap en beheren van vennootschappen
- Het aangaan van leningen en het hypothekeren van haar onroerende goederen teneinde alle verhandelingen mogelijk te maken
- De vennootschap laat de vennoot de mogelijkheid zich verder te bekwamen of de ontwikkeling van het hem beoefende specialisme op de voet te volgen en stelt in dit kader alle mogelijke middelen ter beschikking
- Het verwerven door inschrijving,aankoop of anderszins,het vervreemden en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse bestaande of nog op te richten vennootschappen en het beheer van een roerende vermogen,dit alles voor eigen rekening
- De vennootschap kan samenwerken met,deelnemen of belangen nemen in andere ondernemingen of associaties met een al dan niet gelijkaardig voorwerp
- Het verwerven door aankoop,huur,leasing of anderszins van toestellen,apparatuur en accommodaties,inclusief onroerende goederen,om de voorgaande activiteiten te huisvesten en uit te voeren
- De aan- en verkoop,de import en export van materiaal,toestellen,apparatuur en software alsook de verhuur ervan
- Verhuur van alle motorvoertuigen
- De aan- en verkoop,het bouwen,verbouwen afbreken,heropbouwen,renoveren,exploiteren,beheren,onderhouden,huren en verhuren,huurfinancieren aan derden,verkavelen,uitvoeren van alle bouwwerken en voltooiingswerken,en dit met betrekking tot alle onroerende goederen en alle onroerende rechten;het uitvoeren van aannemingswerken
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44059A0151/00B000 | Flanders | 3,254 m² | 1 · 207 m² | 7.6 m · 2 |