DG2
ActiveSummary
The computed 12-month bankruptcy probability of DG2 is 9.4% (elevated). The 2024 annual accounts show equity of €64,450 and a net result of €2,646. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 12% of 1,281 sector peers (NACE 41, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 3.1 FTE
- Equity
- €64,450
- Profit
- €2,646
- Gianni FASCELLADaily manager
Why 31raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 186 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 04-02-2026)lowers riskFounded in 2009Show the evidence
Checked score
About 9 in 100 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 41, micro): better than 14% on solvency, 6% on liquidity, 25% on profitability and 45% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 6 accounts on average 180 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
- Appointment: Gianni FASCELLA (director and daily…Amendment of the articles ·…
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result falls in 2024; 2024 is 66% below 2023.
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 41, Construction of residential and non-residential buildings: 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 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 9.4% 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 497,475 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 1,375 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 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €21,500 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €183,074 | €201,010 | €180,303 | €108,759 | ▼ 39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,706 | €66,780 | €55,404 | €55,462 | €68,858 | €60,678 | €50,731 | ▼ 16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2,448 | - | - | - |
| Other operating charges640/8 | - | - | - | €4,263 | €6,543 | €7,721 | €3,257 | ▼ 57.8% |
| Non-recurring operating charges66A | - | - | - | €723 | €633 | €849 | €870 | ▲ 2.5% |
| Gross operating margin9900 | €445,665 | €306,321 | €256,977 | €257,311 | €358,946 | €370,387 | €204,417 | ▼ 44.8% |
| Operating profit (loss)9901 | €36,797 | €14,476 | €28,400 | €13,789 | €79,454 | €120,836 | €40,800 | ▼ 66.2% |
| Financial income75/76B | - | - | - | - | - | €8 | - | - |
| Recurring financial income75 | €10,427 | €140 | €0 | - | - | €8 | - | - |
| Financial charges65/66B | - | - | - | €34,044 | €55,607 | €117,074 | €33,254 | ▼ 71.6% |
| Recurring financial charges65 | €14,434 | €17,348 | €26,387 | €34,044 | €55,607 | €117,074 | €33,254 | ▼ 71.6% |
| Profit (loss) for the period before taxes9903 | €32,790 | -€2,732 | €2,012 | -€20,255 | €23,847 | €3,770 | €7,546 | ▲ 100% |
| Income taxes67/77 | €10,162 | €1,714 | - | €823 | €2,355 | €176 | €4,900 | ▲ 28× |
| Profit (loss) for the period9904 | €22,628 | -€4,446 | €2,012 | -€21,078 | €21,492 | €3,594 | €2,646 | ▼ 26.4% |
| Profit (loss) for the period to be appropriated9905 | €22,628 | -€4,446 | €2,012 | -€21,078 | €21,492 | €3,594 | €2,646 | ▼ 26.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.2m | €1.9m | €2.5m | €2.0m | €3.1m | €2.6m | €1.8m | ▼ 31.1% |
| Fixed assets21/28 | €0.1m | €0.2m | €0.1m | €0.08m | €0.2m | €0.1m | €0.1m | ▼ 2.6% |
| Tangible fixed assets22/27 | €0.1m | €0.2m | €0.1m | €0.08m | €0.2m | €0.1m | €0.1m | ▼ 2.7% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.006m | €0.003m | - | - |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.1m | €0.1m | €0.1m | ▼ 0.3% |
| Financial fixed assets28 | €0.001m | €0.002m | €0.004m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Current assets29/58 | €1.1m | €1.7m | €2.3m | €1.9m | €2.9m | €2.5m | €1.7m | ▼ 32.5% |
| Stocks and contracts in progress3 | €0.7m | €0.7m | €0.6m | €1.2m | €2.7m | €0.7m | €1.0m | ▲ 37.8% |
| Stocks30/36 | - | - | - | €1.2m | €2.7m | €0.7m | €1.0m | ▲ 37.8% |
| Amounts receivable within one year40/41 | €0.1m | €1.0m | €1.6m | €0.6m | €0.1m | €0.9m | €0.6m | ▼ 28.6% |
| Trade receivables40 | - | - | - | €0.5m | €0.04m | €0.8m | €0.3m | ▼ 61.4% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.07m | €0.08m | €0.3m | ▲ 314% |
| Cash at bank and in hand54/58 | €0.2m | €0.02m | €0.07m | €0.1m | €0.1m | €0.9m | €0.07m | ▼ 92.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.009m | €0.008m | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.2m | €1.9m | €2.5m | €2.0m | €3.1m | €2.6m | €1.8m | ▼ 31.1% |
| Equity10/15 | €0.06m | €0.06m | €0.06m | €0.04m | €0.06m | €0.06m | €0.06m | ▲ 4.3% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | - | €0.02m | - | - |
| Issued capital100 | - | - | - | €0.02m | - | €0.02m | - | - |
| Reserves13 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Legal reserve130 | - | - | - | €0.003m | - | €0.003m | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0.003m | - | €0.003m | - |
| Profit (loss) carried forward14 | €0.04m | €0.03m | €0.04m | €0.02m | €0.04m | €0.04m | €0.04m | ▲ 6.5% |
| Amounts payable17/49 | €1.1m | €1.9m | €2.4m | €2.0m | €3.0m | €2.5m | €1.7m | ▼ 31.9% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €0.07m | €0.1m | €0.08m | €0.05m | ▼ 39.4% |
| Financial debts170/4 | - | - | - | €0.07m | €0.1m | €0.08m | €0.05m | ▼ 39.4% |
| Amounts payable within one year42/48 | €1.0m | €1.6m | €2.2m | €1.9m | €2.9m | €2.5m | €1.7m | ▼ 31.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.07m | €0.09m | €0.04m | €0.03m | ▼ 23.5% |
| Financial debts43 | - | - | - | €1.2m | €2.0m | €0.6m | €0.6m | ▼ 1.0% |
| Credit institutions430/8 | - | - | - | €1.0m | €1.8m | €0.5m | €0.5m | ▼ 1.3% |
| Other loans439 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Trade debts44 | €0.2m | €0.3m | €0.2m | €0.1m | €0.4m | €0.2m | - | - |
| Suppliers440/4 | - | - | - | €0.1m | €0.4m | €0.2m | - | - |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.02m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.04m | €0.8m | €0.005m | ▼ 99.4% |
| Taxes450/3 | - | - | - | €0.09m | €0.04m | €0.8m | - | - |
| Remuneration and social security454/9 | - | - | - | - | - | €0.006m | €0.005m | ▼ 25.4% |
| Other amounts payable47/48 | - | - | - | €0.4m | €0.4m | €0.9m | €1.0m | ▲ 22.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,628 | -€4,446 | €2,012 | -€21,078 | €21,492 | €3,594 | €2,646 | ▼ 26.4% |
| + Depreciation and write-downs630 | €49,706 | €66,780 | €55,404 | €55,462 | €68,858 | €60,678 | €50,731 | ▼ 16.4% |
| Operating cash flow (approximation) | €72,334 | €62,334 | €57,416 | €34,384 | €90,350 | €64,272 | €53,377 | ▼ 17.0% |
| Investment in fixed assets (approximation) | - | -€119,063 | -€11,882 | €7,462 | -€141,498 | -€27,947 | -€47,476 | ▼ 69.9% |
| Change in cash | - | -€162,584 | €44,889 | €60,793 | €7,605 | €745,952 | -€814,348 | - |
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 |
|---|---|---|---|
| 31-12-2024 | full format | 02-02-2026 | 2026-00030637 |
| 31-12-2023 | full format | 12-03-2025 | 2025-00047503 |
| 31-12-2022 | full format | 14-03-2024 | 2024-00044195 |
| 31-12-2021 | full format | 09-01-2023 | 2023-20556260 |
| 31-12-2020 | full format | 09-11-2021 | 2021-77000472 |
| 31-12-2019 | full format | 26-01-2021 | 2021-01900586 |
| 31-12-2018 | full format | 13-09-2019 | 2019-64500260 |
| 31-12-2017 | full format | 25-07-2018 | 2018-37900197 |
| 31-12-2016 | full format | 31-07-2017 | 2017-40100205 |
| 31-12-2015 | full format | 25-08-2016 | 2016-48400479 |
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
Board 1
Day-to-day management 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| Gianni FASCELLA |
|
Owners and capital
Capital and shareholders
- 25-11-2024 Converted to available equity · €18,750
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-11
Gazette deed
Appointment: Gianni FASCELLA (director and daily management delegate)Amendment of the articles · Capital conversion · Power of attorney16 facts ▸
- General meeting, 15-11-2024
- Other provision, “statuts non modifiés” (deed in French)
- Other provision, “ordre du jour point 1, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “ordre du jour point 2, adaptation du capital au Code des sociétés et des associations (compte de capitaux propres statutairement disponible)” (deed in French)
- Other provision, “ordre du jour point 3, autoriser l'organe d'administration à procéder à la distribution d'un dividende selon le mécanisme de l'acompte sur dividende” (deed in French)
- Other provision, “ordre du jour point 4, adoption de nouveaux statuts en concordance avec le Code des sociétés et des associations” (deed in French)
- Other provision, “ordre du jour point 5, Démission - Nomination” (deed in French)
- Other provision, “ordre du jour point 6, Transfert du siège” (deed in French)
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement disponible” (deed in French)
- Power of attorney
- Capital
- +4 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has 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 0809.738.875
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55005B0169/00E003 | Wallonia | 1,275 m² | 1 · 129 m² | 8.0 m · 2 |
| 55032A0203/00S005indicative | Wallonia | 395 m² | 1 · 121 m² | 11.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DG2
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, assemblée qui nomme” (deed in French)“Rémunération administrateurs, mandat exercé gratuitement ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous cas cessions entre vifs onéreux gratuit volontaires forcées exclusion retrait usufruit nue-propriété pleine propriété actions ou autres…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission actions nouvelles, courrier électronique, ou courrier ordinaire même jour si pas adresse électronique” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 09:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par assemblée générale formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Répartition actif net, entre actionnaires proportion actions remise biens même proportion” (deed in French)1 more provision on this in the deed