Skip to content

DHD-construct&service

Active
Private limited companyfounded 20214 yrs activeLangstraat 107, 2260 Westerlo, BelgiumKBO/BCE: BE 0778.856.352
Summary

The computed 12-month bankruptcy probability of DHD-construct&service is 2.0% (moderate). The 2024 annual accounts show equity of €183,757 and a net result of €73,936. Equity is growing by ~63.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 2439 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability86▼-14
Solvency59▼-18
Growth78=
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.78 against 1.59 in 2023; short-term debt: 21.8% and cash: 9.1% of total assets), but 65.9% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
43 d early
2022
48 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DHD-construct&service was incorporated on 20 December 2021 as a Private limited company.1 Total assets rose from EUR 151,456 in 2022 to EUR 538,365 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€183,757▲ 67.3%
2023 · €109,820
Total assets
€538,365▲ 155%
2023 · €211,510
Net result
€73,936▲ 12.9%
2023 · €65,512
Working capital
€208,878▲ 320%
2023 · €49,677
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€53,515-€84,079▲ 57.1%€101,229▲ 20.4%
Net result€41,308above the sector's middle half-€65,512above the sector's middle half▲ 58.6%€73,936above the sector's middle half▲ 12.9%
Equity€44,308within the sector's middle half-€109,820within the sector's middle half▲ 148%€183,757within the sector's middle half▲ 67.3%
Total assets€151,456within the sector's middle half-€211,510within the sector's middle half▲ 39.7%€538,365above the sector's middle half▲ 155%
Debt€107,148-€101,690▼ 5.1%€354,609▲ 249%
Working capital-€7,484below the sector's middle half-€49,677within the sector's middle half€208,878above the sector's middle half▲ 320%
Solvency29.3%within the sector's middle half-51.9%within the sector's middle half▲ 22.7pp34.1%within the sector's middle half▼ 17.8pp
Current ratio0.93below the sector's middle half-1.59within the sector's middle half▲ 0.662.78within the sector's middle half▲ 1.20
Return on assets (ROA)27.3%above the sector's middle half-31.0%above the sector's middle half▲ 3.7pp13.7%within the sector's middle half▼ 17.2pp
above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2022: €53,515€53,515Net result 2022: €41,308€41,308Operating result 2023: €84,079€84,079Net result 2023: €65,512€65,512Operating result 2024: €101,229€101,229Net result 2024: €73,936€73,936202220232024€0€50,000€100,000Operating result 2022: €53,515€53,500Net result 2022: €41,308€41,300Operating result 2023: €84,079€84,100Net result 2023: €65,512€65,500Operating result 2024: €101,229€101,000Net result 2024: €73,936€73,900202220232024
The operating result has risen two years in a row; 2024 is 20% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €538,365
Fixed assets €212,187 ▲ 176%
Current assets €326,178 ▲ 142%
Equity and liabilities €538,365
Equity €183,757 ▲ 67.3%
Debt €354,609 ▲ 249%
Debt's share of the balance-sheet total rises from 48.1% to 65.9%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€124,297▲
2023 · €102,830
Cash flow
€97,004▲
2023 · €84,262
Debt to equity
1.93▲
2023 · 0.93
ROE
40.2%▼
2023 · 59.7%
Interest coverage
22.44▼
2023 · 63.41
Debt ≤ 1 year
€117,300▲
2023 · €84,856
Debt > 1 year
€237,309▲
2023 · €16,834
Income taxes
€21,755▲
2023 · €16,969
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,128 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,128 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 · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€211,510€538,365▲
Fixed assets21/28€76,978€212,187▲
Tangible fixed assets22/27€76,978€212,187▲
Land and buildings22-€152,850
Plant, machinery and equipment23€28,261€24,340▼
Furniture and vehicles24€48,717€34,997▼
Current assets29/58€134,532€326,178▲
Amounts receivable within one year40/41€59,021€276,979▲
Trade receivables40€27,440€223,500▲
Other amounts receivable41€31,581€53,478▲
Cash at bank and in hand54/58€73,428€49,039▼
Deferred charges and accrued income490/1€2,084€160▼
Equity and liabilities
Total equity and liabilities10/49€211,510€538,365▲
Equity10/15€109,820€183,757▲
Contributions10/11€3,000€3,000=
Reserves13€106,820€106,820=
Distributable reserves133€106,820€106,820=
Profit (loss) carried forward14-€73,936
Amounts payable17/49€101,690€354,609▲
Amounts payable after more than one year17€16,834€237,309▲
Financial debts170/4€16,834€237,309▲
Amounts payable within one year42/48€84,856€117,300▲
Current portion of amounts payable after more than one year42€6,184€27,990▲
Financial debts43€30,000€30,000=
Credit institutions430/8€30,000€30,000=
Trade debts44€28,322€59,270▲
Suppliers440/4€28,322€59,270▲
Taxes, remuneration and social security45€540€40▼
Taxes450/3€40€40=
Remuneration and social security454/9€500-
Other amounts payable47/48€19,810-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,751€23,068▲
Other operating charges640/8€1,412€3,178▲
Gross operating margin9900€104,242€127,475▲
Operating profit (loss)9901€84,079€101,229▲
Financial income75/76B€23-
Recurring financial income75€23-
Financial charges65/66B€1,622€5,538▲
Recurring financial charges65€1,622€5,538▲
Profit (loss) for the period before taxes9903€82,481€95,691▲
Income taxes67/77€16,969€21,755▲
Profit (loss) for the period9904€65,512€73,936▲
Profit (loss) for the period to be appropriated9905€65,512€73,936▲
Appropriation of the result
Profit (loss) to be appropriated9906€65,512€73,936▲
Transfer to equity691/2€65,512-
To other reserves6921€65,512-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,202€18,751€23,068▲ 23.0%
Other operating charges640/8€2,174€1,412€3,178▲ 125%
Gross operating margin9900€66,892€104,242€127,475▲ 22.3%
Operating profit (loss)9901€53,515€84,079€101,229▲ 20.4%
Financial income75/76B€9€23--
Recurring financial income75€9€23--
Financial charges65/66B€301€1,622€5,538▲ 241%
Recurring financial charges65€301€1,622€5,538▲ 241%
Profit (loss) for the period before taxes9903€53,223€82,481€95,691▲ 16.0%
Income taxes67/77€11,915€16,969€21,755▲ 28.2%
Profit (loss) for the period9904€41,308€65,512€73,936▲ 12.9%
Profit (loss) for the period to be appropriated9905€41,308€65,512€73,936▲ 12.9%
Line202220232024Change
Assets
Total assets20/58€151,456€211,510€538,365▲ 155%
Fixed assets21/28€51,792€76,978€212,187▲ 176%
Tangible fixed assets22/27€51,792€76,978€212,187▲ 176%
Land and buildings22--€152,850-
Plant, machinery and equipment23€17,679€28,261€24,340▼ 13.9%
Furniture and vehicles24€34,114€48,717€34,997▼ 28.2%
Current assets29/58€99,664€134,532€326,178▲ 142%
Amounts receivable within one year40/41€88,749€59,021€276,979▲ 369%
Trade receivables40€85,779€27,440€223,500▲ 715%
Other amounts receivable41€2,970€31,581€53,478▲ 69.3%
Cash at bank and in hand54/58€10,474€73,428€49,039▼ 33.2%
Deferred charges and accrued income490/1€441€2,084€160▼ 92.3%
Equity and liabilities
Total equity and liabilities10/49€151,456€211,510€538,365▲ 155%
Equity10/15€44,308€109,820€183,757▲ 67.3%
Contributions10/11€3,000€3,000€3,000=
Reserves13€41,308€106,820€106,820=
Distributable reserves133€41,308€106,820€106,820=
Profit (loss) carried forward14--€73,936-
Amounts payable17/49€107,148€101,690€354,609▲ 249%
Amounts payable after more than one year17-€16,834€237,309▲ 1,310%
Financial debts170/4-€16,834€237,309▲ 1,310%
Amounts payable within one year42/48€107,148€84,856€117,300▲ 38.2%
Current portion of amounts payable after more than one year42-€6,184€27,990▲ 353%
Financial debts43-€30,000€30,000=
Credit institutions430/8-€30,000€30,000=
Trade debts44€19,952€28,322€59,270▲ 109%
Suppliers440/4€19,952€28,322€59,270▲ 109%
Taxes, remuneration and social security45€18,440€540€40▼ 92.6%
Taxes450/3€18,440€40€40=
Remuneration and social security454/9-€500--
Other amounts payable47/48€68,755€19,810--
Line202220232024Change
Profit (loss) for the period9904€41,308€65,512€73,936▲ 12.9%
+ Depreciation and write-downs630€11,202€18,751€23,068▲ 23.0%
Operating cash flow (approximation)€52,511€84,262€97,004▲ 15.1%
Investment in fixed assets (approximation)--€43,937-€158,277▼ 260%
Change in cash-€62,954-€24,389▼ 139%

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

Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €73,936 ▲12.9%
Operating result €101,229, net result €73,936, both a record.
31-12
Financial Equity above €150,000Eq €183,757 ▲67.3%
3 profitable years in a row build equity to €183,757.
18-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €100,000Eq €109,820 ▲148%
2 profitable years in a row build equity to €109,820.
13-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Westerlo · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
3,210 m²
Building footprint
313 m²
Parcel 13039E0072/00D002, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DHD-construct&service
Langstraat 107, 2260 WesterloManufacture of metal structures and parts of structures
since 20212.325.385.849
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13039E0072/00D002 Flanders 3,210 m² 1 · 313 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 260 EUR awarded · 260 EUR paid
Year Entries awardedpaid
2023 1 260 EUR260 EUR
Schemes
1 entry · 260 EUR · 260 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

8 categories
DHD-construct&service BV45816
category C2, class 1 · category D20, class 1 · category D22, class 1 · category D7, class 1 · category F1, class 1 · category F2, class 1 · category F3, class 1 · category K1, class 1
decision 04-02-2026

Similar companies · same sector, comparable size

Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,334 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
Founded20-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
41001General construction of residential buildings
43240Other construction installation
43320Joinery installation
47529Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0778856352
Also 9925:BE0778856352
Registered 31-10-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.