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DIKA PROJECTS

Active
Private limited company (pre-2019)founded 201313 yrs activeHamiltonpark 24-26, 8000 Brugge, BelgiumKBO/BCE: BE 0534.675.084
Summary

DIKA PROJECTS has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €548,801 and a net result of -€14,422. Equity is shrinking by ~4.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2021
Profitability31▲+31
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
short-term debt: 0.2% and cash: 0.2% of total assets, and 0.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 13 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filings
Deviation from the deadline
2025
26 d late
2021
on the day
2020
47 d early
2019
16 d early
2018
28 d early
2017
55 d early
2016
56 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days before the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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

On 21 May 2013, DIKA PROJECTS was incorporated.1 Total assets went from EUR 787,877 in 2019 to EUR 550,132 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€815,276
EBIT margin
-17.8%
Net result
-€14,422▲ 90.1%
2021 · -€145,345
Working capital
€548,801▼ 4.3%
2021 · €573,683
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212025
Turnover€815,276
Operating result€72,333-€55,673▼ 23.0%-€144,933-€3,462-
Net result€51,602-€42,840▼ 17.0%-€145,345-€14,422-
EBIT margin-17.8%
Equity€676,688-€719,528▲ 6.3%€574,183▼ 20.2%€548,801-
Total assets€787,877-€745,920▼ 5.3%€602,015▼ 19.3%€550,132-
Debt€111,189-€26,392▼ 76.3%€27,832▲ 5.5%€1,331-
Working capital€673,788-€717,830▲ 6.5%€573,683▼ 20.1%€548,801-
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2019: €72,333€72,333Net result 2019: €51,602€51,602Operating result 2020: €55,673€55,673Net result 2020: €42,840€42,840Operating result 2021: -€144,933-€144,933Net result 2021: -€145,345-€145,345Operating result 2025: -€3,462-€3,462Net result 2025: -€14,422-€14,4222019202020212025-€200,000-€100,000€0€100,000Operating result 2020: €55,673€55,700Net result 2020: €42,840€42,800Operating result 2021: -€144,933-€145,000Net result 2021: -€145,345-€145,000Operating result 2025: -€3,462-€3,460Net result 2025: -€14,422-€14,400202020212025
The operating result is -€3,462 in 2025, compared with -€144,933 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2021 as the grey bar beneath
Equity and liabilities €550,132
Equity €548,801 ▼ 4.4%
Debt €1,331 ▼ 95.2%
Debt's share of the balance-sheet total falls from 4.6% to 0.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2021
Debt to equity
0.00
ROE
-2.6%▲
2021 · -25.3%
ROA
-2.6%▲
2021 · -24.1%
Debt ≤ 1 year
€1,331▼
2021 · €27,832
A ratio outside any meaningful range has been withheld (balance sheet total €550,132, equity €548,801).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,688 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
0.5% went bankrupt
5.4% stopped otherwise
94% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 2,688 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 · 2025 against 2021 · 33 lines
Balance sheet Code20212025
Assets
Total assets20/58€602,015€550,132▼
Fixed assets21/28€500€0▼
Financial fixed assets28€500€0▼
Current assets29/58€601,515€550,132▼
Amounts receivable within one year40/41€589,458€548,779▼
Trade receivables40-€0
Other amounts receivable41-€548,779
Cash at bank and in hand54/58€12,057€1,354▼
Equity and liabilities
Total equity and liabilities10/49€602,015€550,132▼
Equity10/15€574,183€548,801▼
Contributions10/11€18,600€18,600=
Reserves13€700,928€700,928=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Distributable reserves133-€699,068
Profit (loss) carried forward14-€145,345-€170,727▼
Amounts payable17/49€27,832€1,331▼
Amounts payable within one year42/48€27,832€1,331▼
Trade debts44€27,019€1,331▼
Suppliers440/4-€1,331
Taxes, remuneration and social security45-€0
Taxes450/3-€0
Income statement Code20212025
Turnover70€815,276-
Other operating charges640/8-€543
Gross operating margin9900-€144,645-€2,919▲
Operating profit (loss)9901-€144,933-€3,462▲
Financial charges65/66B-€10,960
Recurring financial charges65€411€10,960▲
Profit (loss) for the period before taxes9903-€145,345-€14,422▲
Profit (loss) for the period9904-€145,345-€14,422▲
Profit (loss) for the period to be appropriated9905-€145,345-€14,422▲
Appropriation of the result
Profit (loss) to be appropriated9906--€170,727
Profit (loss) brought forward from the previous period14P--€156,304

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212025Change
Turnover70--€815,276--
Other operating charges640/8---€543-
Gross operating margin9900€75,968€55,901-€144,645-€2,919-
Operating profit (loss)9901€72,333€55,673-€144,933-€3,462-
Recurring financial income75€4,988€9,098---
Financial charges65/66B---€10,960-
Recurring financial charges65€2,334€2,615€411€10,960-
Profit (loss) for the period before taxes9903€74,988€62,156-€145,345-€14,422-
Income taxes67/77€23,385€19,316---
Profit (loss) for the period9904€51,602€42,840-€145,345-€14,422-
Profit (loss) for the period to be appropriated9905€51,602€42,840-€145,345-€14,422-
Line2019202020212025Change
Assets
Total assets20/58€787,877€745,920€602,015€550,132-
Fixed assets21/28€2,900€1,700€500€0-
Financial fixed assets28€2,900€1,700€500€0-
Current assets29/58€784,977€744,220€601,515€550,132-
Stocks and contracts in progress3€547,937€624,288---
Amounts receivable within one year40/41€20,916€11,467€589,458€548,779-
Trade receivables40---€0-
Other amounts receivable41---€548,779-
Cash at bank and in hand54/58€216,085€108,237€12,057€1,354-
Equity and liabilities
Total equity and liabilities10/49€787,877€745,920€602,015€550,132-
Equity10/15€676,688€719,528€574,183€548,801-
Contributions10/11€18,600€18,600€18,600€18,600-
Reserves13€658,088€700,928€700,928€700,928-
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Distributable reserves133---€699,068-
Profit (loss) carried forward14---€145,345-€170,727-
Amounts payable17/49€111,189€26,392€27,832€1,331-
Amounts payable within one year42/48€111,189€26,389€27,832€1,331-
Trade debts44€87,913€6,266€27,019€1,331-
Suppliers440/4---€1,331-
Taxes, remuneration and social security45---€0-
Taxes450/3---€0-
Line2019202020212025Change
Profit (loss) for the period9904€51,602€42,840-€145,345-€14,422-
Operating cash flow (approximation)€51,602€42,840-€145,345-€14,422-
Investment in fixed assets (approximation)-€1,200€1,200--
Change in cash--€107,848-€96,180--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
30-06
Financial Liquidity times 19current ratio 413.31
Current ratio from 21.61 to 413.31; short-term debt falls from €27,832 to €1,331.
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Weakest financial yearnet -€145,345
Net result drops to -€145,345, the lowest in the series; recovery starts the following year.
2020
15-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial Liquidity quadruplescurrent ratio 28.20
Current ratio from 7.06 to 28.20; short-term debt falls from €111,189 to €26,389.
15-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
07-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
06-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
09-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
17-12
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Brugge · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
879 m²
Building footprint
67 m²
Volume, LiDAR
704 m³
Parcel 31808M0464/00S002, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DIKA PROJECTS
Hamiltonpark 24-26, 8000 BruggeConstruction of residential and non-residential buildings
since 20132.219.654.067
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31808M0464/00S002 Flanders 879 m² 1 · 67 m² 13.1 m · 4 fl.
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.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-05-2013
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

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