DIBO PROJECTS
ActiveSummary
DIBO PROJECTS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €321,832 and a net result of €26,605. Equity has been growing by about 3.7% per year since 2018. Its solvency ranks better than 63% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-05-2004 Normal situation
- Activity
- Wholesale of other machinery and equipment NACE 46649
- Establishment unit
- 2.138.121.807 2370 Arendonk, since 26-05-2004
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- FC THB BVDirector · since 01-01-2025
- FC DiBO BVDirector · permanent representative Michiel Kempen
- Auditor
- Foederer DFK Bedrijfsrevisoren
- DIBO PROJECT BV100%annual accounts 2025
- FC THB BVconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €29,248
- ▼ 84.4%
- Turnover
- ≈ €220,000
- estimated
- Profit
- €26,605
- ▼ 80.1%
- Equity
- €321,832
- ▲ 9.0%
- Total assets
- €570,561
- ▲ 10.3%
Score breakdownlowers riskFounded in 2004Size: total assets €570,561Figures for financial year 2025 (filed on 29-07-2026)Equity €321,832 (56.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro). It does better than 63% of them on solvency, 38% on liquidity, 38% on profitability and 63% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 15 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)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 29-07-2026 at the NBB all 21 filings
Every figure per financial year
The operating result for 2025 is 85% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Pledge on the business | €357,500 | €357,500 | €1.3m | €1.3m | €1.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €7,500 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,598 | €5,598 | €5,598 | €5,598 | €5,580 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,434 | €1,355 | €635 | €555 | €1,168 | ▲ 110% |
| Gross operating margin9900 | -€55,397 | €126,897 | €256,739 | €66,191 | -€19,535 | €88,342 | €187,384 | €29,248 | ▼ 84.4% |
| Operating profit (loss)9901 | -€152,478 | €119,026 | €248,860 | €59,160 | -€26,470 | €87,707 | €186,829 | €28,080 | ▼ 85.0% |
| Financial income75/76B | - | - | - | €6,415 | €15,511 | €16,278 | €19,956 | €17,320 | ▼ 13.2% |
| Recurring financial income75 | €3,131 | €1,583 | €2,945 | €6,415 | €15,511 | €16,278 | €19,956 | €17,320 | ▼ 13.2% |
| Financial charges65/66B | - | - | - | €7,041 | €6,671 | €27,913 | €28,096 | €9,110 | ▼ 67.6% |
| Recurring financial charges65 | €4,979 | €9,157 | €16,403 | €7,041 | €6,671 | €27,913 | €28,096 | €9,110 | ▼ 67.6% |
| Profit (loss) for the period before taxes9903 | -€154,325 | €111,452 | €235,402 | €58,534 | -€17,630 | €76,072 | €178,689 | €36,290 | ▼ 79.7% |
| Income taxes67/77 | €18 | -€160 | €50,194 | €14,506 | - | €13,883 | €44,672 | €9,685 | ▼ 78.3% |
| Profit (loss) for the period9904 | -€154,343 | €111,613 | €185,208 | €44,028 | -€17,630 | €62,189 | €134,017 | €26,605 | ▼ 80.1% |
| Profit (loss) for the period to be appropriated9905 | -€154,343 | €111,613 | €185,208 | €44,028 | -€17,630 | €62,189 | €134,017 | €26,605 | ▼ 80.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €1.5m | €0.8m | €0.8m | €0.7m | €1.3m | €0.5m | €0.6m | ▲ 10.3% |
| Fixed assets21/28 | €0.02m | €0.02m | €0.01m | €0.006m | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.02m | €0.02m | €0.01m | €0.006m | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.006m | - | - | - | - | - |
| Current assets29/58 | €0.7m | €1.5m | €0.8m | €0.8m | €0.7m | €1.3m | €0.5m | €0.6m | ▲ 10.3% |
| Stocks and contracts in progress3 | €0.4m | €0.4m | €0.2m | €0.04m | €0.07m | €0.6m | €0.1m | €0.1m | ▲ 19.0% |
| Contracts in progress37 | - | - | - | €0.04m | €0.07m | €0.6m | €0.1m | €0.1m | ▲ 19.0% |
| Amounts receivable within one year40/41 | €0.2m | €1.1m | €0.5m | €0.7m | €0.6m | €0.6m | €0.3m | €0.4m | ▲ 15.7% |
| Trade receivables40 | - | - | - | €0.1m | €0.02m | €0.4m | €0.2m | €0.04m | ▼ 82.7% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.5m | €0.2m | €0.1m | €0.4m | ▲ 171% |
| Cash at bank and in hand54/58 | €0.1m | €0.001m | €0.1m | €0.05m | €0.03m | €0.06m | €0.07m | €0.05m | ▼ 31.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | €305 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €1.5m | €0.8m | €0.8m | €0.7m | €1.3m | €0.5m | €0.6m | ▲ 10.3% |
| Equity10/15 | €0.3m | €0.4m | €0.6m | €0.6m | €0.6m | €0.7m | €0.3m | €0.3m | ▲ 9.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.4m | €0.6m | €0.6m | €0.6m | €0.6m | €0.3m | €0.3m | ▲ 9.6% |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €0.6m | €0.3m | €0.3m | ▲ 9.6% |
| Amounts payable17/49 | €0.4m | €1.1m | €0.2m | €0.1m | €0.06m | €0.6m | €0.2m | €0.2m | ▲ 12.0% |
| Amounts payable after more than one year17 | €0.01m | €0.001m | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.3m | €1.0m | €0.2m | €0.1m | €0.06m | €0.6m | €0.2m | €0.2m | ▲ 5.5% |
| Financial debts43 | - | - | - | €0.02m | - | €0.3m | €0.009m | - | - |
| Credit institutions430/8 | - | - | - | €0.02m | - | €0.3m | €0.009m | - | - |
| Trade debts44 | €0.3m | €0.5m | €0.2m | €0.09m | €0.06m | €0.2m | €0.2m | €0.2m | ▲ 5.6% |
| Suppliers440/4 | - | - | - | €0.09m | €0.06m | €0.2m | €0.2m | €0.2m | ▲ 5.6% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 100% |
| Taxes450/3 | - | - | - | - | - | - | €0.01m | €0.02m | ▲ 100% |
| Other amounts payable47/48 | - | - | - | - | - | €0.08m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €48 | €420 | €194 | €0.01m | ▲ 76× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€154,343 | €111,613 | €185,208 | €44,028 | -€17,630 | €62,189 | €134,017 | €26,605 | ▼ 80.1% |
| + Depreciation and write-downs630 | €5,598 | €5,598 | €5,598 | €5,598 | €5,580 | - | - | - | - |
| Operating cash flow (approximation) | -€148,745 | €117,210 | €190,805 | €49,625 | -€12,050 | €62,189 | €134,017 | €26,605 | ▼ 80.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - | - | - | - |
| Change in cash | - | -€102,780 | €116,734 | -€65,902 | -€20,028 | €30,239 | €3,471 | -€20,916 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 14,766 companies had the same profile as DIBO PROJECTS has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DIBO PROJECTS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 14,766 companies, not a prediction for DIBO PROJECTS. 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.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00345360 | |
| 31-12-2024 | abbreviated format | 04-07-2025 | 2025-00235082 | |
| 31-12-2023 | abbreviated format | 19-07-2024 | 2024-00261096 | |
| 31-12-2022 | abbreviated format | 03-07-2023 | 2023-00193823 | |
| 31-12-2021 | abbreviated format | 07-07-2022 | 2022-20160915 | |
| 31-12-2020 | abbreviated format | 19-07-2021 | 2021-36500356 | |
| 31-12-2019 | abbreviated format | 30-07-2020 | 2020-35800357 | |
| 31-12-2018 | abbreviated format | 24-07-2019 | 2019-36600019 | |
| 31-12-2017 | abbreviated format | 27-08-2018 | 2018-49600301 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52800421 |
Board & ownership
Directors
Board 2
Permanent representatives 1
Statutory auditor 1
Owners and capital
Shareholders
2 ownersChain of control
- FC THB BV
- DIBO PROJECT BVNL
- DIBO PROJECTS
Owners 2
- DIBO PROJECT BVNLparentSourceown accounts 2025100%
- FC THB BVconsolidating parentEquity €25.5m Loss of €6.0m in 2025 (profit of €7.0m in 2024)consolidates
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| FC THB BV |
|
| FC DiBO BV |
|
| Foederer DFK Bedrijfsrevisoren |
|
| DIBO |
|
| FC VDB |
|
| Michael van Dijk |
|
| Karel van Tendeloo |
|
| Arnoldus van den Borne |
|
| DiBO Holding |
|
Network & group
Companies at the same address
7 other companies- FC DiBO Registered office · since 2026 1041170284
- FC THB Groep Registered office · since 2024 1018060431
- TOAM OG Registered office · since 2021 0775627836
- FC THB Registered office · since 2021 0773900840
- DIBO Registered office · since 2005 0877684902
- DiBO Holding Registered office · since 1999 0466237527
- TOAM Invest Registered office · since 1979 0419075731
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
08-09
Gazette deed
Resignations: Dibo BV (director) and FC VDB (director)Appointment: FC DiBO BV (director) · Permanent representative: Michiel Kempen6 points ▸
- General meeting, 31-07-2026
- Director resignation, Dibo BV (director)
- Director resignation, FC VDB (director)
- Director appointment, FC DiBO BV (director)
- Permanent representative, Michiel Kempen
- Board composition, FC DiBO BV (director)
13-03
Gazette deed
Resignation: Michael Van Dijk (director)Appointment: DiBO BV (director) · Permanent representatives: Michiel Kempen and Karel van Tendeloo · Power of attorney7 points ▸
- Director resignation, Michael Van Dijk (director)
- Director appointment, DiBO BV (director)
- Permanent representative, Michiel Kempen
- Board composition, FC THB BV (director)
- Board composition, DiBO BV (director)
- Permanent representative, Karel van Tendeloo
- Power of attorney, Seresia, Mariën & Conjaerts
02-04
Gazette deed
Resignation: Karel van Tendeloo (director)Permanent representative: Karel van Tendeloo6 points ▸
- General meeting, 20-02-2025
- Director resignation, Karel van Tendeloo (director)
- Board composition, FC THB BV (director)
- Board composition, Michael van Dijk (director)
- Board meeting, 20-02-2025
- Permanent representative, Karel van Tendeloo
24-09
Gazette deed
Reappointment: Foederer DFK Bedrijfsrevisoren (statutory auditor)2 points ▸
- General meeting, 28-06-2024
- Auditor reappointment, Foederer DFK Bedrijfsrevisoren (statutory auditor)
06-03
Gazette deed
Amendment of the articlesGeneral meeting4 points ▸
- General meeting, 22-02-2024
- Other provision, “Volmacht voor de coördinatie, TWEEDE BESLISSING” (deed in Dutch)
- Other provision, “Machten aan het bestuursorgaan, DERDE BESLISSING” (deed in Dutch)
- Other provision, “uitreiking vóór registratie, artikel 173,1° bis van het Wetboek registratierechten” (deed in Dutch)
26-02
Gazette deed
Appointment: Karel Van Tendeloo (director)Permanent representative: Petrus van den Borne5 points ▸
- General meeting, 01-02-2024
- Director appointment, Karel Van Tendeloo (director)
- Board composition, FC THB BV (director)
- Board composition, Karel Van Tendeloo (director)
- Permanent representative, Petrus van den Borne
Show earlier events
17-03
Gazette deed
Resignations & appointmentsBoard meeting2 points ▸
- Board meeting, 04-03-2022
- Other provision, “dagelijks bestuur en vertegenwoordiging voor wat dit bestuur aangaat, delegatie dagelijks bestuur” (deed in Dutch)
28-02
Gazette deed
Resignations: T.H.B. HOLDING BV (director) and Arnoldus van den Borne (director)Permanent representative: Petrus van den Borne7 points ▸
- Board meeting, 11-02-2022
- Director resignation, T.H.B. HOLDING BV (director)
- Director resignation, Arnoldus van den Borne (director)
- Permanent representative, Petrus van den Borne
- Director resignation, T.H.B. HOLDING BV (day-to-day manager)
- Director resignation, Arnoldus van den Borne (day-to-day manager)
- Other provision, “publication identifier”, 22027302 (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13322C1799/00S010 | Flanders | 1.5 ha | 1 · 5,758 m² | 7.3 m · 2 |