DINA CONSTRUCT
ActiveSummary
DINA CONSTRUCT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,774 and a net result of €1,833. Equity has been growing by about 4.8% per year since 2020. Its solvency ranks better than 95% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-10-2017 Normal situation
- Activity
- Other construction installation NACE 43240and 5 others
- Establishment unit
- 2.268.942.638 1390 Grez-Doiceau, since 11-10-2017
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €2,793
- ▲ 73.0%
- Turnover
- ≈ €35,000
- estimated
- Profit
- €1,833
- ▲ 94.5%
- Equity
- €43,774
- ▲ 4.4%
- Total assets
- €45,010
- ▲ 2.5%
Score breakdownraises riskLiquidity: current ratio 36.44, cash €46, halvedSize: total assets €45,0101 of the last 3 accounts latelowers riskLegal form: limited partnershipShow the evidence
Checked score
About 1 in 100 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 43, micro). It does better than 90% of them on solvency, 44% on liquidity, 23% on profitability and 45% on growth.
The bankruptcy probability was computed on 03-11-2026 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 6 accounts on average 21 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)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 07-05-2026 PDF all 6 filings
Every figure per financial year
The operating result for 2025 is 58% higher than in 2024. It is a recovery after the fall in 2024.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €250,329 | €193,921 | €118,104 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €98,757 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €181,726 | €114,575 | €96,275 | - | - | - |
| Other operating charges640/8 | - | - | - | €0 | - | €250 | - |
| Gross operating margin9900 | €10,832 | €12,195 | €3,529 | €2,482 | €1,614 | €2,793 | ▲ 73.0% |
| Operating profit (loss)9901 | €10,792 | €12,195 | €3,529 | €2,481 | €1,614 | €2,542 | ▲ 57.5% |
| Financial income75/76B | - | €99 | - | - | - | - | - |
| Recurring financial income75 | €94 | €99 | - | - | - | - | - |
| Financial charges65/66B | - | €153 | €153 | €74 | €77 | €48 | ▼ 37.3% |
| Recurring financial charges65 | €126 | €153 | €153 | €74 | €77 | €48 | ▼ 37.3% |
| Profit (loss) for the period before taxes9903 | €10,760 | €12,140 | €3,376 | €2,407 | €1,538 | €2,494 | ▲ 62.2% |
| Transfer from deferred taxes780 | - | €44 | - | - | - | - | - |
| Income taxes67/77 | €2,242 | €2,690 | €718 | €481 | €595 | €662 | ▲ 11.1% |
| Profit (loss) for the period9904 | €8,518 | €9,495 | €2,658 | €1,926 | €942 | €1,833 | ▲ 94.5% |
| Profit (loss) for the period to be appropriated9905 | €8,518 | €9,495 | €2,658 | €1,926 | €942 | €1,833 | ▲ 94.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €49,183 | €49,577 | €42,256 | €42,054 | €43,916 | €45,010 | ▲ 2.5% |
| Current assets29/58 | €49,183 | €49,577 | €42,256 | €42,054 | €43,916 | €45,010 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €46,378 | €47,014 | €41,942 | €41,748 | €41,751 | €44,963 | ▲ 7.7% |
| Trade receivables40 | - | €46,109 | €41,503 | €41,423 | €41,494 | €44,183 | ▲ 6.5% |
| Other amounts receivable41 | - | €906 | €439 | €325 | €257 | €781 | ▲ 204% |
| Cash at bank and in hand54/58 | €2,806 | €2,562 | €314 | €307 | €2,165 | €46 | ▼ 97.9% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €49,183 | €49,577 | €42,256 | €42,054 | €43,916 | €45,010 | ▲ 2.5% |
| Equity10/15 | €26,921 | €36,416 | €39,074 | €40,999 | €41,942 | €43,774 | ▲ 4.4% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €100 | €100 | €100 | €100 | €100 | €100 | = |
| Non-distributable reserves130/1 | - | €100 | €100 | €100 | €100 | €100 | = |
| Reserves not available under the articles1311 | - | €100 | €100 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €25,821 | €35,316 | €37,974 | €39,899 | €40,842 | €42,674 | ▲ 4.5% |
| Amounts payable17/49 | €22,262 | €13,161 | €3,182 | €1,055 | €1,974 | €1,235 | ▼ 37.4% |
| Amounts payable within one year42/48 | €22,262 | €13,161 | €3,182 | €1,055 | €1,974 | €1,235 | ▼ 37.4% |
| Trade debts44 | €3,861 | €2,693 | - | €374 | - | €363 | - |
| Suppliers440/4 | - | €2,053 | - | €374 | - | €363 | - |
| Bills of exchange payable441 | - | €640 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | €10,467 | €3,182 | €681 | €1,974 | €872 | ▼ 55.8% |
| Taxes450/3 | - | €2,464 | €3,182 | €481 | €563 | €611 | ▲ 8.5% |
| Remuneration and social security454/9 | - | €8,003 | - | €200 | €1,411 | €261 | ▼ 81.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,518 | €9,495 | €2,658 | €1,926 | €942 | €1,833 | ▲ 94.5% |
| Operating cash flow (approximation) | €8,518 | €9,495 | €2,658 | €1,926 | €942 | €1,833 | ▲ 94.5% |
| Change in cash | - | -€243 | -€2,248 | -€8 | €1,858 | -€2,119 | - |
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, 5,047 companies had the same profile as DINA CONSTRUCT has now. Two years later, 93.9% were still going and 2.2% had gone bankrupt.
- Micro
- 5 to 10 years old
- 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 DINA CONSTRUCT itself: 1.1% 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 5,047 companies, not a prediction for DINA 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-05-2026 | 2026-00111776 | |
| 31-12-2024 | full format | 03-07-2025 | 2025-00226899 | |
| 31-12-2023 | full format | 13-09-2024 | 2024-00461006 | |
| 31-12-2022 | full format | 05-07-2023 | 2023-00204147 | |
| 31-12-2021 | full format | 19-08-2022 | 2022-20303950 | |
| 31-12-2020 | micro format | 14-06-2021 | 2021-19800525 |
Timeline
Acts, filings and financial milestones
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
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 0682.814.672
Financial year and general meeting
Accounts at the NBBSites & property
This address was not found in the Belgian address register (BOSA BEST).
R.Léopold Vanmeerbeek 261390 Grez-Doiceau