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Dilo

Active Private limited companyfounded 2020active for 6 yearsSint-Bernardsesteenweg 808, 2660 AntwerpKBO/BCE: BE 0757.682.935

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €325,242 (2025)
€325,242▲ 0.9%
peak €93,080 (2021)
€25,958▼ 29.6%
peak €87,495 (2022)
€26,958▲ 27×
€55,610▼ 54.7%
Board1 name since 2020
1 directorPOLAT Muhammet
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Result from €36,874 to €25,958Equity from €1,000 to €26,958Debts from €122,625 to €55,610Cash from €13,620 to €62,574

Key points

from the 2025 annual accounts

Equity

€26,958 from €87,495 in 2022

Equity fell by 69% in 3 years.

Turnover

≈ €770,000 estimated

The micro format states no turnover.

Position in the sector

€325,242

Higher gross margin than 95% of companies in construction of buildings. Sector median €32,141 · 9,442 companies.

Checked score

71
Healthy
Financially stronger than 75% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.2%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%▲ +0.1 percentage points vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 3.4%▲ +1.0 percentage point vs 06-2025highest value 08-2025: 3.3%▼ -0.1 percentage points vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.1%▼ -0.2 percentage points vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 2.9%▼ -0.2 percentage points vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 3.1%▲ +0.2 percentage points vs 03-2026 05-2026: 3.2%▲ +0.1 percentage points vs 04-2026 06-2026: 3.2%● unchanged vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 3.3%▲ +0.1 percentage points vs 07-2026 09-2026: 3.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.7%▼ -2.7 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Strong

58+32equity 32.6% of total assets
65+51short-term debt 66.3% · cash 75.8%
100=return on assets 31.4%

Score breakdown

raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2020
Size: total assets €82,567
lowers risk
Liquidity: current ratio 1.33, cash €62,574
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 41, micro). It does better than 40% of them on solvency, 70% on liquidity, 91% on profitability and 99% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 26,972 companies had the same profile as Dilo has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 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 Dilo itself: 0.7% 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 26,972 companies, not a prediction for Dilo. 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 €1,500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.33 (1.01 in 2024), below the usual 1.5. Short-term debt is 66.3% and cash 75.8% of total assets. 67.4% 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.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.33, cash €62,574
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2020
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 · Size: total assets €82,567
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year €26,958
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 26-06-2026, 35 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
35 days early
2024
57 days early
2023
14 days late
2022
139 days early
2021
54 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 54 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 7 June (4 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

PM
Director, since 30-10-2020
  • POLAT Muhammet founderdeed of 04-11-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0757682935
Registered office moved within Hoboken New registered office: Sint-Bernardsesteenweg 808 verdiep 4 2660 Hoboken (Antwerpen) België · Previous registered office: Constantin Meunierplein 18 te 2660 Hoboken · Board meeting of 05-08-2022 · Gazette deed
Incorporation Founding capital of €1,000 · Founder: POLAT Muhammet · Appointment: POLAT Muhammet (director) · published on 04-11-2020 · Gazette deed
First establishment Sint-Bernardsesteenweg 808, Antwerp
All 10 events

Comparable companies

same main activity, similar in size and age
Company
Dilo Antwerp €82,567 €325,242 32.6% -
Hogerhuis Interior Merelbeke €95,187 €285,659 -233.5% 4
GIOVANNI MANAGEMENT Brussels €126,621 €211,425 0.8% -
MRT Renovaties Zedelgem €116,840 €151,024 49.1% -
DA CONSTRUCTIONS Antwerp €200,929 €164,510 37.1% -
SUD Dilbeek €229,350 €213,092 63.7% -
AA BOUW Ostend €235,480 €340,084 23.3% -

These companies have the same main activity as Dilo: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €95,200 and €235,000, founded between 2016 and 2023.

Official details

Source: KBO
Status
Active since 30-10-2020Normal situation
Activity
General construction of other non-residential buildingsNACE 41003and 1 other
Joint committee
124Construction · annual accounts 2025
Establishment unit
2.311.888.1022660 Antwerp, since 30-10-2020
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€325,242▲ 0.9%
€25,958▼ 29.6%
€26,958▲ 27×
€82,567▼ 33.2%
Employeeson 31-12-2025
5
Filing
Filed on 26-06-2026, 35 days before the end of the filing period
Financials

Insights on Dilo

Dilo files the micro format. That format states no turnover. The gross margin rose from €220,237 in 2021 to €325,242 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 26-06-2026, 35 days before the deadline
€325,242
▲ 0.9%
€35,227
▼ 31.0%
€25,958
▼ 29.6%
€17,828
▲ 17×
32.6%
▲ 31.8 percentage points
1.33
▲ 0.32

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €770,000. Estimated: probably between €600,000 and €1.2m.

Balance sheet

balance sheet total €82,567 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

32.6%

Higher than 39% of 9,456 companies in 2025.

1.33

Higher than 37% of 9,204 companies in 2025.

31.4%

Higher than 86% of 9,276 companies in 2025.

Dilo Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Staff

€55,777

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Training hours in 2025: 2.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 82,567123,62587,429133,691138,850
21/28 10,03611,42324,27833,04940,911
22/27 10,03611,42324,27833,04940,911
23 3,0961,9371,4082,2551,532
24 6,9409,48622,87030,79439,379
29/58 72,531112,20263,151100,64297,940
40/41 6,42993,24521,70776,97859,981
40 1,2702,0081,08034,13632,881
41 5,15991,23620,62742,84227,100
54/58 62,57413,62034,26421,99837,345
490/1 3,5295,3377,1811,666613
Balance sheet: equity and liabilities
10/49 82,567123,62587,429133,691138,850
10/15 26,9581,0005,88787,49582,080
10/11 1,0001,0001,0001,0001,000
13 25,95804,88786,49581,080
133 25,95804,88786,49581,080
14 00000
17/49 55,610122,62581,54246,19656,770
17 90611,473---
170/4 90611,473---
42/48 54,704111,15181,54246,19656,770
42 10,56710,021---
43 7,5007,5007,500--
430/8 7,5007,5007,500--
44 7,2065,6636,8022,1892,250
440/4 7,2065,6636,8022,1892,250
45 7,58421,20742,24144,00742,520
450/3 2,8679,13123,50244,00742,520
454/9 4,71712,07518,739--
47/48 21,84666,76125,000012,000
Income statement
9900 325,242322,253269,251217,642220,237
62 278,884252,205214,047198,579100,021
630 6,0076,0809,5979,3512,571
640/8 5,1234,7926,6452,9331,453
66A 08,099---
9901 35,22751,07738,9626,779116,192
75/76B 2,5143,3341,6352,505850
75 2,5143,3341,6352,505850
65/66B 2,9706,2663,158629-
65 2,9706,2663,158629-
9903 34,77148,14437,4388,656117,043
67/77 8,81411,27010,2963,24223,962
9904 25,95836,87427,1425,41493,080
9905 25,95836,87427,1425,41493,080
Appropriation of the result
9906 25,95836,87427,1425,41493,080
791/2 04,88783,750--
691/2 25,95802,1425,41481,080
6921 25,95802,1425,41481,080
694/7 041,761108,750012,000
694 041,761108,750--
695 ---012,000
Social balance sheet
9087 5-5.14.83.4
Hours worked1013 8,768-7,5047,6443,944
Document PDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 26-06-2026 2026-00204930 PDF
31-12-2024 micro format 04-06-2025 2025-00122816 PDF
31-12-2023 micro format 14-08-2024 2024-00346622 PDF
31-12-2022 micro format 14-03-2023 2023-00039945 PDF
31-12-2021 micro format 07-06-2022 2022-20051700 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
41,23457,15748,55916,130118,764
31,96542,95536,73914,76595,652
4,6201,3258261,48943,482
48,953-20,64312,266-15,348-
17,8281,050-18,39154,44641,170
32.6%0.8%6.7%65.4%59.1%
1.331.010.772.181.73
2.06-13.850.530.69
96.3%-461.1%6.2%113.4%
31.4%29.8%31.0%4.0%67.0%
13.889.1215.3825.65-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202331-12-202231-12-2021
Employees at the balance-sheet date5655
full-time5655
part-time0000
in full-time equivalents5655
55.14.83.4
On a permanent contract5655
Joined-918
Left-813
Training hours20--

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€4,620€1,325€826€1,489€43,482
€6,007€6,080€9,597€9,351€2,571

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Dilo

The operating result for 2025 is 31% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 99.2% to 67.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 30-10-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 26-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 04-11-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
POLAT Muhammet
Director (not named in the articles)
Board
Mandates as a list
  • POLAT Muhammet
    • Director (not named in the articles), from 30-10-2020 to date

See the board, name and registered office on a given date →

Control

This company
Dilo
Equity €26,958
Profit €25,958 in 2025

Capital

Contribution
€1,000
Source
deed of 04-11-2020

Articles of association

deed of 04-11-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 10:00

Founder

At incorporation deed of 04-11-2020 ↗

Network & group

No group

Dilo has no parent and no holdings in its annual accounts. POLAT Muhammet is the only director. Dilo shares no director with another company.

At the same address

Sint-Bernardsesteenweg 808, 2660 Antwerp · 4 other companies
HOBOPHAR
registered office since 27-04-2022 · founded in 2022
total assets €1.2m (2025)
0785.478.878
Apotheek Leviora
registered office since 11-05-1988 · founded in 1988
1 FTE (2025)
0434.101.427
E.M.O. PROJECTS
registered office since 02-07-2019 · founded in 2019
total assets €60,906 (2025)
0729.687.151
Vereniging van Mede-eigenaars van het gebouw Sint-Bernardsesteenweg 808 te Hoboken
registered office since 01-08-1995
founded in 1995
0675.908.173

Timeline

Timeline

10 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 35 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 57 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 14 days late
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0757682935
Annual accounts 2022 filed PDFmicro format · 139 days before the deadline
2022
Weakest financial year net €5,414 ▼94.2% The net result drops to €5,414, the lowest from 2021 to 2025. It recovers the following year.
Registered office moved within HobokenNew registered office: Sint-Bernardsesteenweg 808 verdiep 4 2660 Hoboken (Antwerpen) België · Previous registered office: Constantin Meunierplein 18 te 2660 Hoboken · Board meeting of 05-08-20222 points ▸
  • Board meeting, 05-08-2022
  • Registered-office move, Sint-Bernardsesteenweg 808 verdiep 4 2660 Hoboken (Antwerpen) België

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 54 days before the deadline
2020
IncorporationFounding capital of €1,000 · Founder: POLAT Muhammet · Appointment: POLAT Muhammet (director) · published on 04-11-20204 points ▸

Open the deed in the Belgian Official Gazette

First establishment Sint-Bernardsesteenweg 808, Antwerp

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 30 October 2020, Dilo was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2022 the registered office moved to Hoboken.3 POLAT Muhammet has served as director since 2020.4 Total assets went from €138,850 in 2021 to €82,567 in 2025 and headcount from 3.4 to 5 full-time equivalents.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 04-11-2020
  3. 3Belgian Official Gazette, 22-09-2022
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0757.682.935
VAT number
BE 0757.682.935
Peppol ID
0208:0757682935
Other Peppol ID
9925:BE0757682935
Legal form
Private limited company
Status
Active, normal situation
Founded
30-10-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of May at 10:00
deed of 04-11-2020 (in Dutch)
Peppol
Reachable since 24-11-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Dilo in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-11-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Constantin Meunierplein 18, 2660 Antwerpen (Hoboken)”
deed of 04-11-2020 (in Dutch)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
41203 Construction of residential and non-residential buildings main activity
Social security (RSZ) activities
41201 General construction of buildings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het uitvoeren van bouwwerkzaamheden en renoveren in de breedste zin van het woord; Het uitvoeren van stukadoorswerkzaamheden…”
7 activities
  1. Het uitvoeren van bouwwerkzaamheden en renoveren in de breedste zin van het woord.
  2. Het uitvoeren van stukadoorswerkzaamheden, bezettingswerken, plaatsen van vloeren en plinten, plaatsen van muren, schilderwerken, zowel van binnen- als buitenmuren, plaatsen van dakkapels, daken, isolatie, dakbedekking, het plaatsen van dakgoten, het behandelen van muren met vochtwerende en waterafstotende producten, installatie van particuliere zwembaden, het uitvoeren van alle herstellingen, het plaatsen van terrassen, afbraakwerken, het slopen van gebouwen en andere bouwwerken, het afvoeren van bouwmateriaal, alle werkzaamheden voor de afwerking van gebouwen, Het uitvoeren van elektriciteitswerken en loodgieterij.
  3. Aankoop, verkoop, en het uitvoeren van plaatsingen van buitenschrijnwerk in aluminium, pvc, hout of andere materialen.
  4. Projectontwikkeling en alles wat daarmee gepaard gaat, zoals onder meer de promotie, de realisatie, de verkoop en commercialisatie van bouwprojecten, en dit alles in de ruimste zin van het woord. Onder projectontwikkeling wordt onder meer maar niet uitsluitend verstaan het begeleiden van bouwprojecten, het verlenen van technische, juridische en administratieve adviezen, allerlei adviezen aan de bouwheer alsmede het zelf optreden als bouwheer, het onderhandelen en aanstellen van architecten en aannemers, het optreden ten opzichte van derde partijen en overheden, coördinatie en opvolging van bouwprojecten.
  5. Het verlenen van diensten en geven van adviezen in de meest ruime zin aan bedrijven en ondernemingen, zowel privé als openbaar.
  6. Aan- en verkoop, huur en verhuur van bouwmaterialen, werktuigen en toebehoren.
  7. Het uitvoeren van werken voor oude en nieuwe gebouwen in de breedste zin van A tot Z.
deed of 04-11-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Sint-Bernardsesteenweg 808 registered office 2660 Antwerp 30-10-2020 2.311.888.102
1 former office
  • Constantin Meunierplein 18, 2660 Hoboken until 01-09-2022 · deed of 22-09-2022

Buildings and parcels at the address

Ground area
714 m²
Buildings
320 m²
Volume, LiDAR
4,254 m³
Tallest building
17.5 m
Buildings to scale, each on its own parcel
320 m², 17.5 m 320 m², 17.5 m

Location

registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
11019B0211/00V012714 m² 1 · 320 m² 17.5 m · 5

Contact

E-mail diloconstruct@outlook.com
Phone +32 485 07 81 42

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0757.682.935