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DH Project

Active
Private limited companyfounded 2019active for 7 yearsVroegeinde 27, 2290 Vorselaar, BelgiumKBO/BCE: BE 0736.404.204
Summary

DH Project has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,043 and a net result of €11,764. Equity has been growing by about 15% per year since 2020. Its solvency ranks better than 88% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 15-10-2019 Normal situation
Activity
General electrical installation work NACE 43211and 5 others
Establishment unit
2.294.574.194 2290 Vorselaar, since 15-10-2019
Financial year end
30 June
Peppol
Reachable

Board and ownership

Board
  • De Haes WalterDirector · since 15-10-2019

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 30-06-2025
Gross margin
€20,051
▼ 30.0%
Turnover
≈ €170,000
estimated
Profit
€11,764
▼ 45.6%
Equity
€47,043
▲ 33.3%
Total assets
€56,365
▲ 7.7%
Filed on 05-01-2026, 26 days before the deadline
Score breakdownraises riskSize: total assets €56,365Founded in 2019lowers riskLiquidity: current ratio 5.93, cash €15,658Equity €47,043 (83.5% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+8
equity 83.5% of total assets
Liquidity 81+6
short-term debt 16.5% · cash 27.8%
Profitability 95-5
return on assets 20.9%
Bankruptcy probability within 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 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.3% 01-2025: 1.3%● unchanged vs 12-2024highest value 02-2025: 0.4%▼ -0.9 percentage points vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.3%▼ -0.2 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.93 (2.98 in 2024), above the usual 1.5. Short-term debt is 16.5% and cash 27.8% of total assets. 16.5% of the assets are financed with debt and provisions.
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 43, micro). It does better than 90% of them on solvency, 79% on liquidity, 81% on profitability and 77% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Size: total assets €56,365
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 5.93, cash €15,658
NBB · annual accounts
lowers risk · Equity €47,043 (83.5% of total assets)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
26 days early
2024
14 days early
2023
7 days early
2022
28 days late
2021
4 days early
2020
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 5 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in specialised constructionsector median 46.7% · 34,902 companies 83.5% View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as DH Project: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €53,300 and €63,400, founded between 2019 and 2020.

CompanyTotal assetsGross margin
DH Project Vorselaar€56,365€20,051
NEEA Anderlecht€56,023€20,605
KEVIN SCHAUT Kortenberg€53,293€19,777
AFF PROJECTS Zonhoven€56,643€21,872
SMART TECHNOLOGIES AND RENOVATIONS Seraing€55,753€22,370
Algemene elektriciteitswerken Maas Pelt€60,611€22,858
PMBE Zutendaal€63,439€19,241
Full comparison

Key facts about DH Project

What is the company number of DH Project?
The company number of DH Project is 0736.404.204. The VAT number is the same number with BE in front: BE 0736.404.204.
Where is DH Project based?
The registered office is at Vroegeinde 27, 2290 Vorselaar.Company details
What does DH Project do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of DH Project?
The legal form of DH Project is Private limited company (BV).
When was DH Project founded?
DH Project was founded on 15-10-2019.
Is DH Project still active?
Yes, DH Project is an active enterprise in the KBO register.
What is the turnover of DH Project?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €20,051 and 98 comparable companies (NACE 43211). It probably lies between €110,000 and €350,000. It is a rough estimate.Financials
Is DH Project profitable?
In financial year 2025, DH Project made a profit of €11,764.
Where can I find the annual accounts of DH Project?
DH Project filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DH Project due?
DH Project must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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