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Dierckx

Active Public limited companyfounded 1992active for 34 yearsVoortstraat 14, 2490 BalenKBO/BCE: BE 0446.787.938 subsidiary of ALGEMENE PARTICIPATIE KERKHOFS#1 company by staff growth in Balen
Part of the group ALGEMENE PARTICIPATIE KERKHOFS 30 companies in 4 countries
See the group

Lifetime

18 annual accounts with figures on one time axis, 34 filings since 1992
peak €2.2m (2022)
€1.5m▼ 2.8%
peak €887,184 (2022)
€127,951▲ 13.9%
peak €4.8m (2023)
€2.2m▲ 6.1%
€1.2m▲ 90.8%
peak 30.7 FTE (2024)
29.1 FTE▼ 5.2%
Board12 names since 2021
2 directorsQuality Management and 1 other
Owners
Documentsfilings and deeds
29-06-202632 days before the deadline
2025financial year
Debts from €609,535 to €1.2m

Key points

from the 2025 annual accounts

Equity

€2.2m from €4.8m in 2023

Equity fell by 53% in 2 years.

Turnover

≈ €4.3m estimated

The accounts state no turnover.

Staff

28 employees on 31-12-2025
0120211320222272023552024142025

In 2025, 1 person joined and 4 left.

Liquidity

2.69 was 3.86 in 2024

Short-term debts rose from €599,226 to €1.1m.

Filings

34 annual accounts 35 filings since 1992
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 11 to 32 days before the end of the period.

Position in the sector

€2.2m

More equity than 81% of companies in specialised construction. Sector median €459,288 · 2,460 companies.

Checked score

87
Excellent
Financially stronger than 62% of small companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 2,649 companies (NACE 43, small).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025lowest value 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026highest value 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Strong

91-9equity 65.8% of total assets
71+28short-term debt 32.8%
51-1return on assets 3.8%

Score breakdown

raises risk
Liquidity: current ratio 2.69
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1992
Equity €2.2m (65.8% of total assets)
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, small). It does better than 83% of them on solvency, 87% on liquidity, 24% on profitability and 52% on growth.

The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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, 14,766 companies had the same profile as Dierckx has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went 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 Dierckx itself: 0.3% 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 14,766 companies, not a prediction for Dierckx. 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 €190,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.69 (3.86 in 2024), above the usual 1.5. Short-term debt is 32.8% of total assets. 34.2% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 2.69
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Equity €2.2m (65.8% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
32 days early
2024
20 days early
2023
29 days early
2022
11 days early
2021
25 days early
2020
44 days early
2019
53 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 31 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 6 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

QM
Director, BROENS Maarten
W
Director, Ward KERKHOFS, since 31-07-2024
MA
Auditor, Ingrid VOSCH
Board & ownership

Recent changes

1 statutory auditor reappointed Permanent representatives: Maarten Broens and Ward Kerkhofs · Moore Audit bv (statutory auditor) · General meeting of 26-06-2026 · Gazette deed
1 director appointed, 1 resignation Resignation: BURO MERTENS bv · Permanent representatives: Koen MERTENS, Ward KERKHOFS and Maarten BROENS · Appointment: WERKHOFS bv · General meeting of 01-07-2024 · Gazette deed
2 directors appointed, 1 statutory auditor appointed, 1 resignation Resignation: HWY · Appointments: BV Quality Management, BV Buro Mertens and Moore Audit BV (statutory auditor) · Permanent representatives: BROENS Maarten and MERTENS Koen · General meeting of 20-11-2023 · Gazette deed
2 directors appointed, 6 resignations Resignations: Anneke VAN BAELEN, Willy VAN BAELEN, Marleen SWINNEN, Kim NIJS, Egon WILLEMS and Mieke VAN BAELEN · Appointments: QUALITY MANAGEMENT bv and HWY bv · Permanent representatives: Maarten BROENS and Bjorn HAMERLING · General meeting of 12-07-2022 · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
Dierckx Balen €3.4m €1.5m 65.8% 29.1
ALTRITEMPI Brasschaat €3.2m €2.7m 48.1% 32.6
VAN DE MOERE Sint-Laureins €2.7m €2.1m 28.4% 25.7
YONUS Lokeren €3.3m €1.8m 50.8% 19.5
TRAVAPAC Courcelles €3.1m €1.7m 27.3% 21.1
RÖHL Bullange €2.4m €1.7m 47.3% 21.7
DONCK GRONDWERKEN Roeselare €2.7m €1.9m 25.2% 20.1

These companies have the same main activity as Dierckx: site preparation (NACE 43120). They are comparable in size and age: total assets between €2.4m and €3.3m, founded between 1987 and 2000.

Official details

Source: KBO
Status
Active since 28-02-1992Normal situation
Activity
Site preparationNACE 43120and 1 other
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.230.920.1232490 Balen, since 20-05-2014
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€3.4m▲ 25.1%
Employeeson 31-12-2025
28▼ 9.7%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on Dierckx

Dierckx has existed since 1992. The gross margin grew from €1.2m in 2008 to €1.5m in 2025 and staff from 18.2 to 29.1 full-time equivalents.

The gross margin has fallen every year since 2022. Solvency fell in 2025 from 77.6% to 65.8% because of higher debts to suppliers.

ALGEMENE PARTICIPATIE KERKHOFS holds all the shares. In July 2022, six 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 Dierckx

What is the company number of Dierckx?
The company number of Dierckx is 0446.787.938. The VAT number is the same number with BE in front: BE 0446.787.938.
Where is Dierckx based?
The registered office is at Voortstraat 14, 2490 Balen.Company details
What does Dierckx do?
According to the KBO register, the main activity is site preparation (NACE 43120).
What is the legal form of Dierckx?
Dierckx is a public limited company (NV).
When was Dierckx founded?
Dierckx was founded on 28-02-1992.
Is Dierckx still active?
Yes, Dierckx is an active enterprise in the KBO register.
How many employees does Dierckx have?
Dierckx had an average of 29.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Dierckx fall under?
In its 2025 annual accounts, Dierckx states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of Dierckx?
The turnover in financial year 2025 is ≈ €4.3m. This figure is estimated from the gross margin of €1.5m and 67 comparable companies (NACE 43). It probably lies between €3.3m and €5.7m.
Is Dierckx profitable?
In financial year 2025, Dierckx made a profit of €127,951.
Where can I find the annual accounts of Dierckx?
Dierckx filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Dierckx due?
Dierckx must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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