DGR CONSTRUCT
ActiveSummary
DGR CONSTRUCT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.7m and a net result of -€62,767. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 49% of 5,756 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €5.7m
- Loss
- -€62,767
- Largest shareholder
- 6 STONES · 50%
Why 93raises riskLiquidity: current ratio 2.05, cash €420,147, halvedlowers riskSize: turnover €9.7m, total assets €15.2mSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 25-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 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 68, medium-sized): better than 59% on solvency, 22% on liquidity, 35% on profitability and 50% on growth.
The bankruptcy probability was computed on 22-10-2026 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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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 2 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Equity above €5mequity €5.7m ▲45.6%
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €57,219 in 2025 against €710,809 in 2024; the loss shrinks.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: 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).
- 2024 Net result -10,631% on 2023. The accounts now follow the full format, last year the abbreviated format.
- 2024 Equity +10,108% on 2023. Capital increase of €4,041,600 (Official Gazette 11-07-2024). Capital increase of €2,217,600 (Official Gazette 11-07-2024).
Peer companies
Historical observationOf the 119 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 95.0% are still going.
- Medium-sized
- 5 to 10 years old
- solvency 30% or more
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,473 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% | 1.0% |
| 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 119 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 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | €12.0m | €1.4m | ▼ 88.3% |
| Turnover70 | - | - | - | - | - | - | €19.2m | €9.7m | ▼ 49.3% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | - | - | - | -€7.5m | -€8.5m | ▼ 13.9% |
| Other operating income74 | - | - | - | - | - | - | €0.3m | €0.2m | ▼ 29.0% |
| Operating charges60/66A | - | - | - | - | - | - | €12.7m | €1.5m | ▼ 88.5% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | - | - | €9.7m | €0.9m | ▼ 90.8% |
| Purchases600/8 | - | - | - | - | - | - | €9.7m | €0.9m | ▼ 90.8% |
| Services and other goods61 | - | - | - | - | - | - | €3.0m | €0.4m | ▼ 85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.002m | - | - | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €0.08m | €0.1m | ▲ 71.9% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.003m | €0.006m | €0.002m | ▼ 58.7% |
| Gross operating margin9900 | -€0.01m | €0.5m | €0 | €0.2m | €0.1m | €0.07m | - | - | - |
| Operating profit (loss)9901 | -€0.01m | -€0.001m | -€0.001m | €0.2m | €0.1m | €0.07m | -€0.7m | -€0.06m | ▲ 92.0% |
| Financial income75/76B | - | - | - | €0.005m | €0.004m | €0.001m | €251 | €0.002m | ▲ 843% |
| Recurring financial income75 | €37 | €15 | €0 | €0.005m | €0.004m | €0.001m | €251 | €0.002m | ▲ 843% |
| Income from current assets751 | - | - | - | - | - | - | - | €343 | - |
| Other financial income752/9 | - | - | - | - | - | - | €251 | €0.002m | ▲ 706% |
| Financial charges65/66B | - | - | - | €0.2m | €0.1m | €0.08m | €0.02m | €0.003m | ▼ 85.2% |
| Recurring financial charges65 | €458 | €313 | €181 | €0.2m | €0.1m | €0.08m | €0.02m | €0.003m | ▼ 85.2% |
| Debt charges650 | - | - | - | - | - | - | €0.001m | €0 | ▼ 100% |
| Other financial charges652/9 | - | - | - | - | - | - | €0.02m | €0.003m | ▼ 84.1% |
| Profit (loss) for the period before taxes9903 | -€0.01m | -€0.001m | -€0.001m | €341 | -€0.001m | -€0.007m | -€0.7m | -€0.06m | ▲ 92.1% |
| Income taxes67/77 | - | - | - | - | - | - | - | €0.005m | - |
| Taxes670/3 | - | - | - | - | - | - | - | €0.005m | - |
| Profit (loss) for the period9904 | -€0.01m | -€0.001m | -€0.001m | €341 | -€0.001m | -€0.007m | -€0.7m | -€0.06m | ▲ 91.4% |
| Profit (loss) for the period to be appropriated9905 | -€0.01m | -€0.001m | -€0.001m | €341 | -€0.001m | -€0.007m | -€0.7m | -€0.06m | ▲ 91.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €3.5m | €3.9m | €7.5m | €21.6m | €30.7m | €24.7m | €15.2m | ▼ 38.6% |
| Current assets29/58 | €1.6m | €3.5m | €3.9m | €7.5m | €21.6m | €30.7m | €24.7m | €15.2m | ▼ 38.6% |
| Stocks and contracts in progress3 | €1.5m | €2.7m | €3.3m | €6.1m | €20.1m | €29.2m | €22.7m | €14.5m | ▼ 36.0% |
| Stocks30/36 | - | - | - | €6.1m | €20.1m | €29.2m | €22.7m | €14.5m | ▼ 36.0% |
| Property held for sale35 | - | - | - | - | - | - | €22.7m | €14.5m | ▼ 36.0% |
| Amounts receivable within one year40/41 | €0.003m | €0.008m | €0.01m | €0.7m | €0.4m | €0.3m | €0.8m | €0.2m | ▼ 76.3% |
| Trade receivables40 | - | - | - | €0.08m | €0.4m | €0.2m | €0.7m | €0.2m | ▼ 72.4% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.02m | €0.03m | €0.1m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.07m | €0.7m | €0.4m | €0.09m | €0.3m | €0.2m | €1.2m | €0.4m | ▼ 64.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0.5m | €0.7m | €0.9m | €0.06m | €0.05m | ▼ 16.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €3.5m | €3.9m | €7.5m | €21.6m | €30.7m | €24.7m | €15.2m | ▼ 38.6% |
| Equity10/15 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.04m | €3.9m | €5.7m | ▲ 45.6% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €4.7m | €6.5m | ▲ 39.5% |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €4.7m | €6.5m | ▲ 39.5% |
| Issued capital100 | - | - | - | €0.2m | €0.2m | €0.2m | €6.5m | €6.5m | = |
| Uncalled capital101 | - | - | - | €0.2m | €0.2m | €0.2m | €1.8m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€0.01m | -€0.01m | -€0.02m | -€0.02m | -€0.02m | -€0.02m | -€0.8m | -€0.8m | ▼ 8.3% |
| Amounts payable17/49 | €1.5m | €3.5m | €3.9m | €7.4m | €21.5m | €30.6m | €20.8m | €9.5m | ▼ 54.4% |
| Amounts payable after more than one year17 | €0.9m | €1.7m | €2.8m | €3.6m | €4.0m | €4.0m | €0 | €0.7m | - |
| Financial debts170/4 | - | - | - | €3.6m | €4.0m | €4.0m | €0 | €0.7m | - |
| Other loans174 | - | - | - | - | - | - | €0 | €0.7m | - |
| Amounts payable within one year42/48 | €0.6m | €1.1m | €0.8m | €3.3m | €16.7m | €25.5m | €19.4m | €7.4m | ▼ 61.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | - | €0.2m | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €1.6m | €9.3m | €13.0m | €13.3m | €4.3m | ▼ 67.5% |
| Credit institutions430/8 | - | - | - | €1.6m | €9.3m | €13.0m | €13.3m | €4.3m | ▼ 67.5% |
| Trade debts44 | €0.006m | €0.5m | €0.2m | €0.5m | €0.9m | €0.6m | €4.1m | €2.1m | ▼ 48.7% |
| Suppliers440/4 | - | - | - | €0.5m | €0.9m | €0.6m | €4.1m | €2.1m | ▼ 48.7% |
| Advances received on contracts in progress46 | - | - | - | €0.6m | €6.0m | €11.4m | €1.4m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | - | €0.6m | - |
| Taxes450/3 | - | - | - | - | - | - | - | €0.6m | - |
| Other amounts payable47/48 | - | - | - | €0.6m | €0.4m | €0.5m | €0.4m | €0.4m | = |
| Accrued charges and deferred income492/3 | - | - | - | €0.5m | €0.8m | €1.1m | €1.4m | €1.4m | ▼ 0.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,665 | -€824 | -€1,231 | €341 | -€1,071 | -€6,796 | -€729,270 | -€62,767 | ▲ 91.4% |
| + Depreciation and write-downs630 | €2,080 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€11,585 | -€824 | -€1,231 | €341 | -€1,071 | -€6,796 | -€729,270 | -€62,767 | ▲ 91.4% |
| Change in cash | - | €613,087 | -€246,670 | -€350,933 | €250,894 | -€119,525 | €972,698 | -€772,214 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 25-06-2026 | 2026-00206494 |
| 31-12-2024 | full format | 04-06-2025 | 2025-00121927 |
| 31-12-2023 | abbreviated format | 14-08-2024 | 2024-00346517 |
| 31-12-2022 | abbreviated format | 16-08-2023 | 2023-00335784 |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20400028 |
| 31-12-2020 | abbreviated format | 08-07-2021 | 2021-33200124 |
| 31-12-2019 | abbreviated format | 10-09-2020 | 2020-53000268 |
| 31-12-2018 | abbreviated format | 27-08-2019 | 2019-60800348 |
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
Statutory auditor 1
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BDO Bedrijfsrevisoren bv |
|
Owners and capital
Owners
2 ownersOwners 2
-
50%
-
50%
According to the 2025 annual accounts of DGR CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- PREMIER DEVELOPMENT FUND (BE 0607.975.709) in cash
- 6 STONES (BE 0668.606.548) in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-07-2024 Capital increase of €4,041,600 · to €4,281,600 · 1,684 new shares · in kind
- 11-07-2024 Capital increase of €2,217,600 · to €6,499,200 · 924 new shares · in cash
- 16-01-2024 Capital stated in the deed · €240,000
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
History
Acts, filings and financial milestones
14-04
Gazette deed
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
- General meeting, 29-06-2024
- Auditor appointment, BDO Bedrijfsrevisoren BV (statutory auditor)
11-07
Gazette deed
Permanent representatives: Davy Demuynck, Katleen Spriet and Johan HeemeryckAuditor report · Capital increase · Capital contribution21 facts ▸
- General meeting, 28-06-2024
- Other provision, “kennisname verslagen, artikel 7:179 § 1 eerste lid WVV en artikel 7:197 § 1 eerste lid WVV” (deed in Dutch)
- Auditor report, “inbreng in natura van schuldvorderingen jegens de vennootschap, geen bevindingen van materieel belang” (deed in Dutch)
- Auditor report, “boekhoudkundige en financiële gegevens in speciaal verslag van het bestuursorgaan, uitgifte van aandelen” (deed in Dutch)
- Auditor report, “opdrachtbeperking en laattijdigheid, artikel 7:179 en 7:197 WVV” (deed in Dutch)
- Auditor report, 27-06-2024
- Capital increase, €4,041,600
- Capital contribution (3 times)
- Share issue, 1684, 842
- Other provision, “afstand van de verslagen van het bestuursorgaan en van de bedrijfsrevisor, artikel 7:179 §3 WVV” (deed in Dutch)
- Capital increase, €2,217,600
- Bank account, “BELFIUS, bepalingen van het Wetboek van vennootschappen” (deed in Dutch)
- +9 further facts in this act
16-01
Gazette deed
Amendment of the articlesCapital · Power of attorney · Registered office clause7 facts ▸
- General meeting, 22-12-2023
- Amendment of the articles (2 times)
- Capital, €240,000
- Power of attorney
- Power of attorney, Hélène DUSSELIER
- General meeting, “lopende mandaten onverminderd verder laten lopen en vooralsnog diengaande geen beslissing nemen” (deed in Dutch)
- Registered office clause, “Roeselare, Kwadestraat 149A bus 3.1” (deed in Dutch)
Show earlier events
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 3 have 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 22 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 0672.703.116
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36017A1278/00X003 | Flanders | 7,646 m² | 1 · 828 m² | 0.6 m |
| 36017A1278/00Y002 | Flanders | 4,381 m² | 1 · 1,762 m² | - |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- DGR Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, zetel niet langer statutair bepalen” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “4, bij gebreke mag algemene vergadering discretionair bestuurder benoemen tot lijst kandidaten wordt voorgelegd” (deed in Dutch)“6, niet bezoldigd” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Bij helften tussen Kandidaat-Overdrager en betwistende Aandeelhouder(s), bedrijfsrevisor lid van instituut onafhankelijk van Partijen” (deed in Dutch)“Voorgestelde Voorkoopprijs casu quo Gecorrigeerde Voorkoopprijs, procedure artikel 10.2 ab initio opnieuw” (deed in Dutch)“Volgrecht, Voorgenomen Overdracht waarbij Voorkooprecht niet uitgeoefend per artikel 10.2” (deed in Dutch)“Overdracht in strijd met artikel 10, inbreukmakende Partij verplicht Aandelen waarop Volgrecht van toepassing was zelf te kopen tegen prijs…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of May at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed