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DHN CONSTRUCT

Active Private limited companyfounded 2024active for 2 yearsPieter Deconinckstraat 8, 8770 IngelmunsterKBO/BCE: BE 1007.661.239

Lifetime

1 annual account with figures
peak €160,283 (2025)
€160,283 
peak €99,971 (2025)
€99,971 
peak €105,971 (2025)
€105,971 
€42,009 
Board1 name since 2024
Documentsfilings and deeds
05-10-2026158 days late
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €540,000 estimated

The micro format states no turnover.

Position in the sector

€99,971

Higher net result than 95% of companies in specialised construction. Sector median €10,184 · 35,124 companies.

2025 accounts filed 158 days after the deadline

Checked score

58
Fair
Financially stronger than 79% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%

A confirmed filing finding caps the score at 59.

Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2025: 1.9% 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.4 percentage points vs 06-2025 08-2025: 2.4%▲ +0.1 percentage points vs 07-2025 09-2025: 2.7%▲ +0.3 percentage points vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 3.0%▲ +0.3 percentage points vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 2.9%▼ -0.1 percentage points vs 12-2025 02-2026: 3.6%▲ +0.7 percentage points vs 01-2026 03-2026: 3.8%▲ +0.2 percentage points vs 02-2026 04-2026: 3.8%● unchanged vs 03-2026highest value 05-2026: 3.8%● unchanged vs 04-2026highest value 06-2026: 3.8%● unchanged vs 05-2026highest value 07-2026: 3.8%● unchanged vs 06-2026highest value 08-2026: 3.8%● unchanged vs 07-2026highest value 09-2026: 3.8%● unchanged vs 08-2026highest value 10-2026: 1.4%▼ -2.4 percentage points vs 09-2026lowest value 11-2026: 1.4%● unchanged vs 10-2026lowest value

Financial strength
Strong

97equity 71.6% of total assets
68short-term debt 28.4% · cash 23.6%
100return on assets 67.6%

Score breakdown

raises risk
Capped at 59: a confirmed filing finding
Last filed accounts filed 158 days late; 1 of the last 3 accounts late
Size: total assets €147,979
Founded in 2024
lowers risk
Liquidity: current ratio 3.28, cash €34,904
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 78% of them on solvency, 67% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.

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, 39,278 companies had the same profile as DHN CONSTRUCT has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DHN CONSTRUCT itself: 1.4% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for DHN CONSTRUCT. 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 €6,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline

Liquidity is ample, with a current ratio of 3.28, above the usual 1.5. Short-term debt is 28.4% and cash 23.6% of total assets. 28.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.28, cash €34,904
NBB · annual accounts
raises risk · Last filed accounts filed 158 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €147,979
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 158 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-10-2026, 158 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2025
158 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

  • DHONDT Nikolaj Walter Roland Juul 100 sharesdeed of 29-03-2024
Board & ownership

Recent changes

New establishment in Harelbeke Klein-Harelbekestraat 43
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007661239
Incorporation Founding capital of €6,000, 100 shares · Founder: DHONDT Nikolaj Walter Roland Juul · Appointment: DHONDT Nikolaj Walter Roland Juul (director) · published on 29-03-2024 · Gazette deed
First establishment Pieter Deconinckstraat 8, Ingelmunster
All 5 events

Comparable companies

same main activity, similar in size and age
Company
DHN CONSTRUCT Ingelmunster €147,979 €160,283 71.6% -
BARENO Mechelen €185,327 €143,299 53.6% -
SLK Nettoyage Beyne-Heusay €115,676 €128,349 79.8% -
NET & VOUS Tournai €140,789 €222,077 45.2% -
OG RENOV CONSTRUCT Sint-Genesius-Rode €131,140 €143,203 66.4% -
KFV Construct Pajottegem €170,357 €109,092 65.8% -
GKL BUILD Uccle €219,688 €139,216 40.3% -

These companies have the same main activity as DHN CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €116,000 and €220,000, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 27-03-2024Normal situation
Activity
Other building finishing workNACE 43350and 4 others
Establishment units
2.358.309.3328770 Ingelmunster, since 27-03-2024
2.384.819.2348531 Harelbeke, since 05-01-2026
Financial year end
30 September
Peppol
Reachable since 19-12-2024
Company details

Annual accounts to 30-09-2025

€147,979
Employeeson 30-09-2025
1
Filing
Filed on 05-10-2026
Financials

Insights on DHN CONSTRUCT

DHN CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €105,971 and a net result of €99,971.

Its solvency ranks better than 77% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

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 DHN CONSTRUCT

What is the company number of DHN CONSTRUCT?
The company number of DHN CONSTRUCT is 1007.661.239. The VAT number is the same number with BE in front: BE 1007.661.239.
Where is DHN CONSTRUCT based?
The registered office is at Pieter Deconinckstraat 8, 8770 Ingelmunster.Company details
What does DHN CONSTRUCT do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of DHN CONSTRUCT?
DHN CONSTRUCT is a private limited company (BV).
When was DHN CONSTRUCT founded?
DHN CONSTRUCT was founded on 27-03-2024.
Is DHN CONSTRUCT still active?
Yes, DHN CONSTRUCT is an active enterprise in the KBO register.
How many employees does DHN CONSTRUCT have?
DHN CONSTRUCT had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DHN CONSTRUCT?
The turnover in financial year 2025 is ≈ €540,000. This figure is estimated from the gross margin of €160,283 and 61 comparable companies (NACE 433). It probably lies between €370,000 and €800,000.
Is DHN CONSTRUCT profitable?
In financial year 2025, DHN CONSTRUCT made a profit of €99,971.
Where can I find the annual accounts of DHN CONSTRUCT?
DHN CONSTRUCT filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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