DH Project
ActiveThe computed 12-month bankruptcy probability of DH Project is 1.9% (moderate). The 2025 annual accounts show equity of €47k and a net result of €12k. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 88% of 27407 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.93 against 2.98 in 2024), and 16.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.5%
Return on assets
20.9%
Age of the figures
15 mo
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 filingsDeviation from the deadline
2025
26 d early
2024
14 d early
2023
7 d early
2022
28 d late
2021
4 d early
2020
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 33.3%
2024 · €35k
2020: €20k
2021: €31k
2022: €17k
2023: €14k
2024: €35k
2020 → 2025
Total assets
€56k▲ 7.7%
2024 · €52k
2020: €28k
2021: €41k
2022: €22k
2023: €17k
2024: €52k
2020 → 2025
Net result
€12k▼ 45.6%
2024 · €22k
2020: €17k
2021: €10k
2022: €-14k
2023: €-3k
2024: €22k
2020 → 2025
Working capital
€46k▲ 35.6%
2024 · €34k
2020: €20k
2021: €28k
2022: €15k
2023: €13k
2024: €34k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€17k▼ 45.7%€14k▼ 18.5%€35k▲ 159%€47k▲ 33.3%
Operating result€13k-€-15k€-3k▲ 76.1%€28k€19k▼ 32.7%
Net result€10k-€-14k€-3k▲ 78.0%€22k€12k▼ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€1k▼ 21.4%
Current assets
€55k▲ 8.5%
Equity and liabilities €56k
Equity
€47k▲ 33.3%
Debt
€9k▼ 45.4%
The debt ratio falls from 32.6% to 16.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€19k▼
2024 · €28k
Cash flow
€12k▼
2024 · €22k
Solvency
83.5%▲
2024 · 67.4%
Current ratio
5.93▲
2024 · 2.98
Quick ratio
5.93▲
2024 · 2.98
Debt / equity
0.20▼
2024 · 0.48
ROE
25.0%▼
2024 · 61.3%
ROA
20.9%▼
2024 · 41.3%
Interest coverage
15.89▼
2024 · 76.64
Debt
€9k▼
2024 · €17k
Debt ≤ 1 year
€9k▼
2024 · €17k
Income taxes
€7k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€52k€56k▲
Fixed assets21/28€1k€1k▼
Tangible fixed assets22/27€1k€1k▼
Plant, machinery and equipment23€1k€1k▼
Current assets29/58€51k€55k▲
Amounts receivable after more than one year29-€5k
Trade receivables290-€5k
Amounts receivable within one year40/41€35k€35k▲
Trade receivables40€16k€1k▼
Other amounts receivable41€19k€34k▲
Cash at bank and in hand54/58€16k€16k▼
Deferred charges and accrued income490/1-€24
Equity and liabilities
Total equity and liabilities10/49€52k€56k▲
Equity10/15€35k€47k▲
Contributions10/11€3k€3k=
Reserves13€32k€44k▲
Distributable reserves133€32k€44k▲
Amounts payable17/49€17k€9k▼
Amounts payable within one year42/48€17k€9k▼
Trade debts44€8k€2k▼
Suppliers440/4€8k€2k▼
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€9k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€407€300▼
Other operating charges640/8€566€1k▲
Gross operating margin9900€29k€20k▼
Operating profit (loss)9901€28k€19k▼
Financial income75/76B€644€1k▲
Recurring financial income75€644€1k▲
Financial charges65/66B€366€1k▲
Recurring financial charges65€366€1k▲
Profit (loss) for the period before taxes9903€28k€19k▼
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€22k€12k▼
Profit (loss) for the period to be appropriated9905€22k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€12k▼
Profit (loss) brought forward from the previous period14P€11k-
Transfer to equity691/2€32k€12k▼
To other reserves6921€32k€12k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €-14k ▼235%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vorselaar · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vroegeinde 272290 VorselaarGround area
751 m²
Building footprint
147 m²
Volume, LiDAR
624 m³
Parcel 13044D0379/00G000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DH Project
since 20192.294.574.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13044D0379/00G000 | Flanders | 751 m² | 1 · 147 m² | 5.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
ACH CONSTRUCT
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Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 8,471 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2019
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
46130Agents in the wholesale of timber and building materials
46643Wholesale of electrical equipment, including installation materials
47552Retail sale of lighting equipment
47592Retail trade
71209Other technical testing and analysis
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.