DGF CONSTRUCT
ActiveSummary
DGF CONSTRUCT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €-2k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 95% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 11.06 against 12.75 in 2024; short-term debt: 1.5% and cash: 13.7% of total assets), and 1.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
23 d late
2023
29 d late
2022
31 d late
2021
19 d late
2020
31 d late
2019
87 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▼ 2.3%
2024 · €103k
2018: €45klowest in 8 years
2019: €115k▲ +154% vs 2018highest in 8 years
2020: €113k▼ -1.9% vs 2019
2021: €110k▼ -1.9% vs 2020
2022: €108k▼ -2.4% vs 2021
2023: €105k▼ -2.8% vs 2022
2024: €103k▼ -1.9% vs 2023
2025: €101k▼ -2.3% vs 2024
2018 → 2025
Total assets
€102k▼ 2.2%
2024 · €104k
2018: €283khighest in 8 years
2019: €226k▼ -20.0% vs 2018
2020: €144k▼ -36.5% vs 2019
2021: €110k▼ -23.0% vs 2020
2022: €109k▼ -1.6% vs 2021
2023: €107k▼ -1.9% vs 2022
2024: €104k▼ -2.0% vs 2023
2025: €102k▼ -2.2% vs 2024lowest in 8 years
2018 → 2025
Net result
€-2k▼ 18.6%
2024 · €-2k
2018: €-4klowest in 8 years
2019: €70k▲ +1732% vs 2018highest in 8 years
2020: €-2k▼ -103% vs 2019
2021: €-2k▲ +4.1% vs 2020
2022: €-3k▼ -22.9% vs 2021
2023: €-3k▼ -14.4% vs 2022
2024: €-2k▲ +32.9% vs 2023
2025: €-2k▼ -18.6% vs 2024
2018 → 2025
Working capital
€16k▼ 13.2%
2024 · €18k
2018: €-203klowest value
2019: €30k▲ +115% vs 2018highest value
2020: €28k▼ -7.0% vs 2019
2022: €23k
2023: €20k▼ -12.8% vs 2022
2024: €18k▼ -11.3% vs 2023
2025: €16k▼ -13.2% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€108k▼ 2.4%€105k▼ 2.8%€103k▼ 1.9%€101k▼ 2.3%
2021: €110khighest in 5 years
2022: €108k▼ -2.4% vs 2021
2023: €105k▼ -2.8% vs 2022
2024: €103k▼ -1.9% vs 2023
2025: €101k▼ -2.3% vs 2024lowest in 5 years
Operating result€-2k-€-2k▼ 21.0%€-3k▼ 15.7%€-2k▲ 35.6%€-2k▼ 15.5%
2021: €-2k
2022: €-2k▼ -21.0% vs 2021
2023: €-3k▼ -15.7% vs 2022lowest in 5 years
2024: €-2k▲ +35.6% vs 2023highest in 5 years
2025: €-2k▼ -15.5% vs 2024
Net result€-2k-€-3k▼ 22.9%€-3k▼ 14.4%€-2k▲ 32.9%€-2k▼ 18.6%
2021: €-2k
2022: €-3k▼ -22.9% vs 2021
2023: €-3k▼ -14.4% vs 2022lowest in 5 years
2024: €-2k▲ +32.9% vs 2023highest in 5 years
2025: €-2k▼ -18.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€85k =
Current assets
€17k ▼ 12.0%
Equity and liabilities €102k
Equity
€101k ▼ 2.3%
Debt
€2k ▲ 1.4%
Debt's share of the balance-sheet total rises from 1.5% to 1.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
11.06▼
2024 · 12.75
Debt to equity
0.02▲
2024 · 0.01
ROE
-2.4%▼
2024 · -1.9%
ROA
-2.3%▼
2024 · -1.9%
Debt ≤ 1 year
€2k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€104k€102k▼
Fixed assets21/28€85k€85k=
Tangible fixed assets22/27€85k€85k=
Assets under construction and advance payments27€85k€85k=
Current assets29/58€20k€17k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€631-
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€17k€14k▼
Deferred charges and accrued income490/1-€655
Equity and liabilities
Total equity and liabilities10/49€104k€102k▼
Equity10/15€103k€101k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€82k€80k▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€530€551▲
Suppliers440/4€530€551▲
Other amounts payable47/48€1k€1k=
Income statement
Code20242025
Gross operating margin9900€-2k€-2k▼
Operating profit (loss)9901€-2k€-2k▼
Financial charges65/66B€223€320▲
Recurring financial charges65€223€320▲
Profit (loss) for the period before taxes9903€-2k€-2k▼
Profit (loss) for the period9904€-2k€-2k▼
Profit (loss) for the period to be appropriated9905€-2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€80k▼
Profit (loss) brought forward from the previous period14P€84k€82k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €124 | €124 | - | - | - | - |
| Gross operating margin9900 | €-2k | €-2k | €-3k | €-2k | €-2k | ▼ 15.5% |
| Operating profit (loss)9901 | €-2k | €-2k | €-3k | €-2k | €-2k | ▼ 15.5% |
| Financial charges65/66B | €152 | €223 | €224 | €223 | €320 | ▲ 43.5% |
| Recurring financial charges65 | €152 | €223 | €224 | €223 | €320 | ▲ 43.5% |
| Profit (loss) for the period before taxes9903 | €-2k | €-3k | €-3k | €-2k | €-2k | ▼ 18.6% |
| Profit (loss) for the period9904 | €-2k | €-3k | €-3k | €-2k | €-2k | ▼ 18.6% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-3k | €-3k | €-2k | €-2k | ▼ 18.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €110k | €109k | €107k | €104k | €102k | ▼ 2.2% |
| Fixed assets21/28 | €85k | €85k | €85k | €85k | €85k | = |
| Tangible fixed assets22/27 | €85k | €85k | €85k | €85k | €85k | = |
| Furniture and vehicles24 | €124 | - | - | - | - | - |
| Assets under construction and advance payments27 | €85k | €85k | €85k | €85k | €85k | = |
| Current assets29/58 | €26k | €24k | €22k | €20k | €17k | ▼ 12.0% |
| Amounts receivable within one year40/41 | €23k | €23k | €3k | €3k | €2k | ▼ 16.4% |
| Trade receivables40 | €21k | €21k | €590 | €631 | - | - |
| Other amounts receivable41 | €2k | €2k | €2k | €2k | €2k | ▲ 5.9% |
| Cash at bank and in hand54/58 | €3k | €862 | €19k | €17k | €14k | ▼ 15.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €655 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €110k | €109k | €107k | €104k | €102k | ▼ 2.2% |
| Equity10/15 | €110k | €108k | €105k | €103k | €101k | ▼ 2.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €90k | €87k | €84k | €82k | €80k | ▼ 2.9% |
| Amounts payable17/49 | - | €793 | €2k | €2k | €2k | ▲ 1.4% |
| Amounts payable within one year42/48 | - | €793 | €2k | €2k | €2k | ▲ 1.4% |
| Trade debts44 | - | €793 | €669 | €530 | €551 | ▲ 4.0% |
| Suppliers440/4 | - | €793 | €669 | €530 | €551 | ▲ 4.0% |
| Other amounts payable47/48 | - | - | €1k | €1k | €1k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-3k | €-3k | €-2k | €-2k | ▼ 18.6% |
| + Depreciation and write-downs630 | €124 | €124 | - | - | - | - |
| Operating cash flow (approximation) | €-2k | €-2k | €-3k | €-2k | €-2k | ▼ 18.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-286 | €0 | ▲ 100% |
| Change in cash | - | €-2k | €18k | €-3k | €-3k | ▲ 4.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Back to profitnet €70k
Net result €70k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 1.27
Current ratio from 0.14 to 1.27; short-term debt falls from €238k to €111k.
31-12
Financial
Equity above €100kEq €115k ▲154%
Equity rises from €45k to €115k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has 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.
Directors · office · real estate
Directors
7 acts for this company are 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, Bernissart · 1 establishment unit since 2009
Ground area
7,998 m²
Building footprint
407 m²
Volume, LiDAR
681 m³
2 parcels, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DGF Construct
since 20092.179.928.510
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51522B0029/00A003 | Wallonia | 5,009 m² | 1 · 280 m² | - |
| 51522B0011/00M007 | Wallonia | 2,989 m² | 1 · 127 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ESC SECURITE
BE 0817.928.150
Seraing · Eq €100,501
BOW PARTNERS
BE 1005.158.738
Langemark-Poelkapelle · Eq €100,493
BEckers VERbouwingen
BE 0543.991.143
Diest · Eq €100,552
TRAVAUX MORETTE
BE 0455.791.221
Chiny · Eq €100,484
DI CARA
BE 0544.483.566
Ham-sur-Heure-Nalinnes · Eq €100,478
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,125 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2009
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.