Overdue debts
€156,300 on 31-12-2025
The annual accounts state €156,300 of overdue social security (RSZ) debts on 31-12-2025.
D.H.K.
Lifetime
20 annual accounts with figures on one time axis, 42 filings since 1984peak €12.3m (2025)
€12.3m▲ 14.1%
lowest -€533,704 (2024)
€181,570▲ €715,274
peak €4.3m (2018)
€1.1m▲ 35.4%
€10.4m▲ 88.3%
peak 48.6 FTE (2015)
33.7 FTE▲ 4.7%
Board8 names since 2019
1 directorROUYER Gautier Walter David
Owners
100%OBUDIS
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Turnover from €10.8m to €12.3mBack to profit: €181,570Reappointment: SRL F.C.G. REVISEURS D'ENTREPRISES (statutory… 02-10Equity from €839,041 to €1.1mDebts from €5.5m to €10.4mCash from €44,638 to €157,003
Key points
from the 2025 annual accountsEquity
€1.1m from €4.3m in 2018
Equity fell by 74% in 7 years.
Result
€181,570 €181,570
Back in profit in 2025, after a loss of €533,704 in 2024.
Debts
€10.4m 90% of the balance sheet
Financial debts 35%Suppliers 55%Taxes and wages 2%Other 8%
€2.2m of the debts are secured on the company's own assets. In 2023 that was €2.4m.
Staff
33.7 FTE from 48.6 in 2015
Between 2015 and 2025, 31% of the full-time equivalents disappeared.
Payment terms
214 days to suppliers
D.H.K. pays its suppliers 163 days later than in 2024. Customers pay 52 days later.
2025 accounts filed 27 days after the deadline
Checked score
67
Healthy
Financially stronger than 39% of small companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.4%▼ -0.1 percentage points vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025lowest value
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.2 percentage points vs 06-2025
08-2025: 1.0%▲ +0.4 percentage points vs 07-2025
09-2025: 1.7%▲ +0.7 percentage points vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.4%▲ +0.7 percentage points vs 07-2026highest value
09-2026: 0.9%▼ -1.5 percentage points vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.10, cash €157,003
Equity €1.1m (9.8% of total assets)
Size: turnover €12.3m, 33.7 FTE, total assets €11.6m
Sector: Wholesale trade (NACE 46)
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 46, small). It does better than 12% of them on solvency, 13% on liquidity, 45% on profitability and 87% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,217 companies had the same profile as D.H.K. has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of D.H.K. itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,217 companies, not a prediction for D.H.K.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (1.12 in 2024), below the usual 1.5. Short-term debt is 67.8% and cash 1.4% of total assets. 90.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 6192 sector peers (2025).
NBB · sector comparisonPosition among 6192 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
5 days late
2023
28 days early
2022
27 days early
2021
79 days early
2020
31 days early
2019
56 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (4 of the last 5 accounts filed within 52 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424028867
Reappointment: SRL F.C.G. REVISEURS D'ENTREPRISES (statutory auditor)
General meeting of 25-07-2025 · Gazette deed
1 director appointed, 2 resignations
Resignations: OBUDIS (managing director) and DUBOIS Thierry Roger Yvon · Permanent representative: DUBOIS Philippe Jean-Marc Thierry Robert · Appointment: ROUYER Gautier Walter David (sole director) · General meeting of 18-10-2022 · Gazette deed
Appointment: F.C.G. Réviseurs d'Entreprises (statutory auditor)
General meeting of 28-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| D.H.K. Châtelet | €12.3m | 1.9% | 9.8% | 33.7 |
| PERFECTY Liège | €12.8m | 11.0% | 78.8% | 26.1 |
| SealEco Brecht | €11.7m | -9.7% | 88.9% | 23 |
| Etablissements LEBOUTTE et Compagnie Hotton | €17.2m | 4.3% | 64.7% | 30.4 |
| PLASTIEK HOFSTADE Aalst | €12.3m | 9.3% | 71.7% | 17.6 |
| Scala Plastics Wetteren | €17.3m | 1.5% | 40.1% | 43.3 |
| VERANCO Sint-Niklaas | €11.2m | 11.2% | 19.5% | 52.9 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as D.H.K.: wholesale trade (NACE 46839). They are comparable in size and age: total assets between €4.9m and €11m, founded between 1968 and 1991.
Official details
Source: KBO- Status
- Active since 27-05-1983Normal situation
- Activity
- Wholesale tradeNACE 46839and 3 others
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 2025
- Establishment unit
- 2.022.401.5976060 Charleroi, since 27-05-1983
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €11.6m▲ 81.4%
- Employeeson 31-12-2025
- 34▼ 5.6%
- Filing
- Filed on 27-08-2026
Companies linked to D.H.K.
Parent and group
Insights on D.H.K.
D.H.K. has existed since 1983. Turnover grew from €5.4m in 2006 to €12.3m in 2025 and staff from 17.9 to 33.7 full-time equivalents.
OBUDIS holds all the shares. In 2022, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about D.H.K.
- What is the company number of D.H.K.?
- The company number of D.H.K. is 0424.028.867. The VAT number is the same number with BE in front: BE 0424.028.867.
- Where is D.H.K. based?
- The registered office is at Rue de la Wallonie 3, 6200 Châtelet.Company details
- What does D.H.K. do?
- According to the KBO register, the main activity is wholesale trade (NACE 46839).
- What is the legal form of D.H.K.?
- D.H.K. is a public limited company (NV).
- When was D.H.K. founded?
- D.H.K. was founded on 27-05-1983.
- Is D.H.K. still active?
- Yes, D.H.K. is an active enterprise in the KBO register.
- How many employees does D.H.K. have?
- D.H.K. had an average of 33.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does D.H.K. fall under?
- In its 2025 annual accounts, D.H.K. states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of D.H.K.?
- The turnover of D.H.K. was €12.3m in financial year 2025, according to the filed annual accounts.
- Is D.H.K. profitable?
- In financial year 2025, D.H.K. made a profit of €181,570.
- Where can I find the annual accounts of D.H.K.?
- D.H.K. filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of D.H.K. due?
- D.H.K. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.JEMIC · 8 companies
See how customers, suppliers and banks see your own company and what to improve first.