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DGD CONSTRUCT

Active
Private limited companyfounded 2020active for 6 yearsDokkestraat 2, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0749.796.538
Summary

DGD CONSTRUCT has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €119,095 and a net result of €58,943. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 56% of 9,316 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€739,754turnover 2025
Staff
1 FTE
Equity
€119,095
Profit
€58,943
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts 23 days early1 deed in the Belgian Official Gazette
Why 86raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020lowers riskLiquidity: current ratio 1.62, cash €137,323Equity €119,095 (48.9% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 72% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency 74-8
equity 48.9% of total assets
Liquidity 74+11
short-term debt 51.1% · cash 56.3%
Profitability 90+1
return on assets 24.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 3.1% 12-2024: 3.2%▲ +0.1 percentage points vs 11-2024 01-2025: 3.4%▲ +0.2 percentage points vs 12-2024 02-2025: 3.6%▲ +0.2 percentage points vs 01-2025 03-2025: 3.8%▲ +0.2 percentage points vs 02-2025 04-2025: 3.8%● unchanged vs 03-2025 05-2025: 4.0%▲ +0.2 percentage points vs 04-2025highest value 06-2025: 1.2%▼ -2.8 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.1%▼ -0.1 percentage points vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.2%▲ +0.1 percentage points vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%▼ -0.8 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.4%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.62, compared with 2.08 in 2024, above the usual 1.5; short-term debt: 51.1% and cash: 56.3% of total assets), but 51.1% 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 41, micro): better than 57% on solvency, 78% on liquidity, 74% on profitability and 77% 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.62, cash €137,323
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Equity €119,095 (48.9% of total assets)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 08-05-2026, 23 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
23 days early
2024
31 days early
2023
1 day early
2022
9 days early
2021
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 17 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today. The company usually files around 10 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-10-2026 year end31-05-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2021 to 2025net €58,943 ▲77%
  3. Equity above €100,000equity €119,095 ▲26.5%

Financials · financial year 2025, micro format

Turnover
€739,754▲ 70.0%
2024 · €435,090
EBIT margin
10.4%▲ 0.7pp
2024 · 9.7%
Net result
€58,943▲ 77.0%
2024 · €33,302
Working capital
€77,783▲ 33.2%
2024 · €58,375
Trend over the years

2021 to 2025, 5 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 82% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€739,754 2025 Operating result€76,880 2025 Net result€58,943 2025

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).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Turnover€403,768-€398,254▼ 1.4%€541,602▲ 36.0%€435,090▼ 19.7%€739,754▲ 70.0%
Operating result€53,450-€1,110▼ 97.9%€28,947▲ 26×€42,173▲ 45.7%€76,880▲ 82.3%
Net result€45,944above the sector's middle half-€2,669within the sector's middle half▼ 94.2%€21,236within the sector's middle half▲ 696%€33,302above the sector's middle half▲ 56.8%€58,943above the sector's middle half▲ 77.0%
EBIT margin13.2%-0.3%▼ 13.0pp5.3%▲ 5.1pp9.7%▲ 4.3pp10.4%▲ 0.7pp
Equity€50,944within the sector's middle half-€53,613within the sector's middle half▲ 5.2%€74,849within the sector's middle half▲ 39.6%€94,152within the sector's middle half▲ 25.8%€119,095above the sector's middle half▲ 26.5%
Total assets€177,396within the sector's middle half-€138,548within the sector's middle half▼ 21.9%€172,907within the sector's middle half▲ 24.8%€163,828within the sector's middle half▼ 5.3%€243,765within the sector's middle half▲ 48.8%
Debt€126,452-€84,934▼ 32.8%€98,058▲ 15.5%€69,677▼ 28.9%€124,671▲ 78.9%
Working capital-€1,379below the sector's middle half-€10,844within the sector's middle half€36,906within the sector's middle half▲ 240%€58,375within the sector's middle half▲ 58.2%€77,783within the sector's middle half▲ 33.2%
Solvency28.7%within the sector's middle half-38.7%within the sector's middle half▲ 10.0pp43.3%within the sector's middle half▲ 4.6pp57.5%within the sector's middle half▲ 14.2pp48.9%within the sector's middle half▼ 8.6pp
Current ratio0.98below the sector's middle half-1.23within the sector's middle half▲ 0.251.47within the sector's middle half▲ 0.252.08within the sector's middle half▲ 0.601.62within the sector's middle half▼ 0.45
Return on assets (ROA)25.9%above the sector's middle half-1.9%within the sector's middle half▼ 24.0pp12.3%within the sector's middle half▲ 10.4pp20.3%above the sector's middle half▲ 8.0pp24.2%above the sector's middle half▲ 3.9pp
Staff (FTE)11=1=1=
above within below 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243,765
Fixed assets €41,312 ▼ 19.4%
Current assets €202,454 ▲ 79.9%
Equity and liabilities €243,765
Equity €119,095 ▲ 26.5%
Debt €124,671 ▲ 78.9%
Debt's share of the balance-sheet total rises from 42.5% to 51.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€93,553▲
2024 · €64,615
Cash flow
€75,616▲
2024 · €55,744
Debt to equity
1.05▲
2024 · 0.74
ROE
49.5%▲
2024 · 35.4%
Interest coverage
over 100▲
2024 · 39.64
Debt ≤ 1 year
€124,671▲
2024 · €54,185
Debt > 1 year
€0▼
2024 · €15,492
Income taxes
€17,755▲
2024 · €7,507
Staff costs
€39,719▲
2024 · €39,201
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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%.

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% 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 26,974 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 against 2024 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€163,828€243,765▲
Fixed assets21/28€51,268€41,312▼
Tangible fixed assets22/27€51,268€41,312▼
Plant, machinery and equipment23€772€515▼
Furniture and vehicles24€17,158€35,809▲
Leasing and similar rights25€33,338€4,988▼
Current assets29/58€112,560€202,454▲
Amounts receivable after more than one year29€1,000€0▼
Trade receivables290€1,000€0▼
Amounts receivable within one year40/41€67,478€60,592▼
Trade receivables40€55,435€51,801▼
Other amounts receivable41€12,043€8,791▼
Cash at bank and in hand54/58€36,019€137,323▲
Deferred charges and accrued income490/1€8,063€4,539▼
Equity and liabilities
Total equity and liabilities10/49€163,828€243,765▲
Equity10/15€94,152€119,095▲
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€89,152€114,095▲
Amounts payable17/49€69,677€124,671▲
Amounts payable after more than one year17€15,492€0▼
Financial debts170/4€15,492€0▼
Amounts payable within one year42/48€54,185€124,671▲
Financial debts43€910-
Credit institutions430/8€910-
Trade debts44€17,787€50,790▲
Suppliers440/4€17,787€50,790▲
Taxes, remuneration and social security45€21,488€44,081▲
Taxes450/3€7,671€21,955▲
Remuneration and social security454/9€13,817€22,126▲
Other amounts payable47/48€14,000€29,800▲
Income statement Code20242025
Turnover70€435,090€739,754▲
Non-recurring operating income76A-€16,565
Goods, raw materials, services and sundry goods60/61€330,933€622,726▲
Remuneration, social security and pensions62€39,201€39,719▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,442€16,673▼
Other operating charges640/8€340€321▼
Gross operating margin9900€104,156€133,593▲
Operating profit (loss)9901€42,173€76,880▲
Financial income75/76B€266€6▼
Recurring financial income75€266€6▼
Financial charges65/66B€1,630€188▼
Recurring financial charges65€1,630€188▼
Profit (loss) for the period before taxes9903€40,809€76,698▲
Income taxes67/77€7,507€17,755▲
Profit (loss) for the period9904€33,302€58,943▲
Profit (loss) for the period to be appropriated9905€33,302€58,943▲
Appropriation of the result
Profit (loss) to be appropriated9906€103,152€148,095▲
Profit (loss) brought forward from the previous period14P€69,849€89,152▲
Profit to be distributed694/7€14,000€34,000▲
Return on contributions (dividend)694-€20,000
Directors or managers695€14,000€14,000=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€403,768€398,254€541,602€435,090€739,754▲ 70.0%
Non-recurring operating income76A----€16,565-
Goods, raw materials, services and sundry goods60/61€342,615€373,239€452,804€330,933€622,726▲ 88.2%
Remuneration, social security and pensions62-€1,896€32,907€39,201€39,719▲ 1.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,057€25,362€25,897€22,442€16,673▼ 25.7%
Other operating charges640/8€2,897€122€1,047€340€321▼ 5.7%
Non-recurring operating charges66A-€6,179----
Gross operating margin9900€64,404€34,669€88,798€104,156€133,593▲ 28.3%
Operating profit (loss)9901€53,450€1,110€28,947€42,173€76,880▲ 82.3%
Financial income75/76B-€6,828€429€266€6▼ 97.6%
Recurring financial income75-€0€429€266€6▼ 97.6%
Non-recurring financial income76B-€6,828----
Financial charges65/66B€568€2,148€120€1,630€188▼ 88.5%
Recurring financial charges65€568€2,148€120€1,630€188▼ 88.5%
Profit (loss) for the period before taxes9903€52,881€5,790€29,256€40,809€76,698▲ 87.9%
Income taxes67/77€6,938€3,120€8,020€7,507€17,755▲ 137%
Profit (loss) for the period9904€45,944€2,669€21,236€33,302€58,943▲ 77.0%
Profit (loss) for the period to be appropriated9905€45,944€2,669€21,236€33,302€58,943▲ 77.0%
Line20212022202320242025Change
Assets
Total assets20/58€177,396€138,548€172,907€163,828€243,765▲ 48.8%
Fixed assets21/28€102,823€80,180€58,237€51,268€41,312▼ 19.4%
Tangible fixed assets22/27€102,823€80,180€58,237€51,268€41,312▼ 19.4%
Plant, machinery and equipment23€4,916€2,868€1,848€772€515▼ 33.3%
Furniture and vehicles24€8,639€6,688€4,408€17,158€35,809▲ 109%
Leasing and similar rights25€89,268€70,624€51,981€33,338€4,988▼ 85.0%
Current assets29/58€74,573€58,368€114,670€112,560€202,454▲ 79.9%
Amounts receivable after more than one year29---€1,000€0▼ 100%
Trade receivables290---€1,000€0▼ 100%
Amounts receivable within one year40/41€30,698€18,015€97,044€67,478€60,592▼ 10.2%
Trade receivables40€25,995€15,446€84,793€55,435€51,801▼ 6.6%
Other amounts receivable41€4,703€2,569€12,251€12,043€8,791▼ 27.0%
Cash at bank and in hand54/58€42,011€38,489€15,375€36,019€137,323▲ 281%
Deferred charges and accrued income490/1€1,864€1,864€2,250€8,063€4,539▼ 43.7%
Equity and liabilities
Total equity and liabilities10/49€177,396€138,548€172,907€163,828€243,765▲ 48.8%
Equity10/15€50,944€53,613€74,849€94,152€119,095▲ 26.5%
Contributions10/11€5,000€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14€45,944€48,613€69,849€89,152€114,095▲ 28.0%
Amounts payable17/49€126,452€84,934€98,058€69,677€124,671▲ 78.9%
Amounts payable after more than one year17€50,500€37,411€20,294€15,492€0▼ 100%
Financial debts170/4€50,500€37,411€20,294€15,492€0▼ 100%
Amounts payable within one year42/48€75,952€47,524€77,764€54,185€124,671▲ 130%
Financial debts43€16,167€14,476€14,811€910--
Credit institutions430/8€16,167€14,476€14,811€910--
Trade debts44€34,098€28,220€33,675€17,787€50,790▲ 186%
Suppliers440/4€33,031€20,296€20,392€17,787€50,790▲ 186%
Bills of exchange payable441€1,067€7,925€13,283---
Taxes, remuneration and social security45€25,687€4,827€28,917€21,488€44,081▲ 105%
Taxes450/3€6,938€3,120€8,020€7,671€21,955▲ 186%
Remuneration and social security454/9€18,749€1,707€20,897€13,817€22,126▲ 60.1%
Other amounts payable47/48--€361€14,000€29,800▲ 113%
Line20212022202320242025Change
Profit (loss) for the period9904€45,944€2,669€21,236€33,302€58,943▲ 77.0%
+ Depreciation and write-downs630€8,057€25,362€25,897€22,442€16,673▼ 25.7%
Operating cash flow (approximation)€54,001€28,032€47,133€55,744€75,616▲ 35.6%
Investment in fixed assets (approximation)--€2,719-€3,954-€15,473-€6,717▲ 56.6%
Change in cash--€3,522-€23,114€20,644€101,303▲ 391%

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 (5)
Financial year Type Filed Reference
31-10-2025 micro format 08-05-2026 2026-00111511
31-10-2024 micro format 30-04-2025 2025-00087135
31-10-2023 micro format 30-05-2024 2024-00103540
31-10-2022 micro format 22-05-2023 2023-00094581
31-10-2021 micro format 10-05-2022 2022-20023939

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,274. 13,143 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 directors read yet: 0 of 1 Gazette act processed. 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

On 3 July 2020, DGD CONSTRUCT was incorporated as a private limited company.1 Turnover went from €403,768 in 2021 to €739,754 in 2025 and headcount from 1 full-time equivalents in 2022 to 1 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021, 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-05-2027
2026
08-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-10
Financial Highest result from 2021 to 2025net €58,943 ▲77%
Operating result €76,880, net result €58,943, both a record.
31-10
Financial Equity above €100,000equity €119,095 ▲26.5%
A profit in every financial year since 2021 builds equity to €119,095.
30-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-05
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
22-05
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-10
Financial Weakest financial yearnet €2,669 ▼94.2%
Net result drops to €2,669, the lowest in the series; recovery starts the following year.
10-05
NBB filing Annual accounts filed
financial year 2021 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

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

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded03-07-2020
Financial year end31-10
Activities, NACEBEL 2025
41001General construction of residential buildings
43240Other construction installation
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0749796538
Also 9925:BE0749796538

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 0749.796.538

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

Sites & property

Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2020
registered office establishment The establishment unit on the map
Ground area
604 m²
Building footprint
113 m²
Building volume
628 m³
Parcel 41054A0836/00M000, Flanders · tallest building 9.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DGD CONSTRUCT
Dokkestraat 2, 9420 Erpe-MereGeneral construction of residential buildings
since 2020unit no. 2.305.327.734
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41054A0836/00M000 Flanders 604 m² 1 · 113 m² 9.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.