DIRKX Development
ActiveSummary
DIRKX Development has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €432,551 and a net result of -€15,118. Equity has been growing by about 4.8% per year since 2018. Its solvency ranks better than 77% of 11,261 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-05-2015 Normal situation
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.242.970.491 3960 Bree, since 12-06-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Board and ownership
- GROEP DIRKXDirector · since 26-08-2021
- Holdings
- Shares in 1 company VDF Development
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- -€9,222
- Loss
- €15,118
- ▼ 47.8%
- Equity
- €432,551
- ▼ 3.4%
- Total assets
- €653,267
- ▼ 16.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSize: total assets €653,267Liquidity: current ratio 3.02, cash €125,576Figures for financial year 2025 (filed on 04-06-2026)Show the evidence
Checked score
About 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 68, micro). It does better than 75% of them on solvency, 72% on liquidity, 18% on profitability and 37% 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 18 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 02-06-2026 PDF all 11 filings
Every figure per financial year
The operating result for 2025 is a loss of €12,189, smaller than the loss of €19,959 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 1 |
| full-time | - | 1 | 1 |
| in full-time equivalents | - | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 |
| On a permanent contract | - | 1 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €118,589 | - | €11,707 | - | €5,880 |
| Financial fixed assets | €5,000 | - | - | - | - |
| Depreciation and write-downs of the year | €14,333 | €24,002 | €2,153 | €2,722 | €2,672 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €42,440 | €59,217 | €71,109 | -€502 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,785 | €7,785 | €7,785 | €14,333 | €24,002 | €2,153 | €2,722 | €2,672 | ▼ 1.8% |
| Other operating charges640/8 | - | - | - | €38,632 | €1,816 | €1,464 | €34,036 | €295 | ▼ 99.1% |
| Gross operating margin9900 | €59,816 | €186,489 | €385,382 | €145,262 | €138,713 | €107,526 | €16,298 | -€9,222 | - |
| Operating profit (loss)9901 | €26,775 | €173,877 | €359,358 | €49,858 | €53,679 | €32,801 | -€19,959 | -€12,189 | ▲ 38.9% |
| Financial income75/76B | - | - | - | €2 | €1 | - | - | €141 | - |
| Recurring financial income75 | €341 | €30 | €1,648 | €2 | €1 | - | - | €141 | - |
| Financial charges65/66B | - | - | - | €19,956 | €10,149 | €11,345 | €9,014 | €3,070 | ▼ 65.9% |
| Recurring financial charges65 | €6,620 | €12,335 | €31,148 | €19,956 | €10,149 | €11,345 | €9,014 | €3,070 | ▼ 65.9% |
| Profit (loss) for the period before taxes9903 | €20,495 | €161,572 | €329,857 | €29,904 | €43,532 | €21,456 | -€28,973 | -€15,118 | ▲ 47.8% |
| Income taxes67/77 | €402 | €53,013 | €82,169 | €15,037 | €20,537 | €10,792 | - | - | - |
| Profit (loss) for the period9904 | €20,094 | €108,558 | €247,688 | €14,867 | €22,994 | €10,664 | -€28,973 | -€15,118 | ▲ 47.8% |
| Profit (loss) for the period to be appropriated9905 | €20,094 | €108,558 | €247,688 | €14,867 | €22,994 | €10,664 | -€28,973 | -€15,118 | ▲ 47.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.5m | €0.7m | €2.1m | €2.7m | €1.1m | €0.8m | €0.8m | €0.7m | ▼ 16.8% |
| Fixed assets21/28 | €0.1m | €0.05m | €0.05m | €0.1m | €0.09m | €0.1m | €0.01m | €0.02m | ▲ 24.6% |
| Tangible fixed assets22/27 | €0.1m | €0.05m | €0.05m | €0.1m | €0.08m | €0.09m | €0.008m | €0.01m | ▲ 40.0% |
| Land and buildings22 | - | - | - | - | - | - | - | €0.006m | - |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €372 | €175 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.08m | €0.09m | €0.008m | €0.005m | ▼ 31.7% |
| Financial fixed assets28 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | = |
| Current assets29/58 | €0.4m | €0.6m | €2.1m | €2.6m | €1.0m | €0.7m | €0.8m | €0.6m | ▼ 17.5% |
| Stocks and contracts in progress3 | €0.04m | €0.4m | €0.3m | €0.9m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 43.0% |
| Stocks30/36 | - | - | - | €0.9m | €0.3m | €0.4m | €0.3m | €0.2m | ▼ 43.0% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.9m | €1.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▲ 3.2% |
| Trade receivables40 | - | - | - | €0.9m | €0.1m | €0.04m | €0.04m | €0.04m | ▼ 3.6% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 4.3% |
| Cash at bank and in hand54/58 | €0.1m | €0.07m | €0.9m | €0.3m | €0.3m | €0.06m | €0.1m | €0.1m | ▼ 12.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.002m | €0.001m | €375 | €400 | ▲ 6.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.5m | €0.7m | €2.1m | €2.7m | €1.1m | €0.8m | €0.8m | €0.7m | ▼ 16.8% |
| Equity10/15 | €0.07m | €0.2m | €0.4m | €0.4m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 3.4% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Contributions outside capital11 | - | - | - | €0.01m | - | - | - | - | - |
| Other1109/19 | - | - | - | €0.01m | - | - | - | - | - |
| Reserves13 | €0.002m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Distributable reserves133 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €0.06m | €0.1m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.9% |
| Amounts payable17/49 | €0.5m | €0.5m | €1.7m | €2.2m | €0.6m | €0.3m | €0.3m | €0.2m | ▼ 34.6% |
| Amounts payable after more than one year17 | €0.08m | €0.009m | - | €0.05m | €0.02m | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.05m | €0.02m | - | - | - | - |
| Amounts payable within one year42/48 | €0.4m | €0.5m | €1.6m | €1.3m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 37.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.03m | €0.02m | - | - | - |
| Financial debts43 | - | - | - | - | - | €0.1m | €0.1m | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.1m | €0.1m | - | - |
| Trade debts44 | €0.004m | €0.008m | €0.8m | €0.6m | €0.1m | €0.002m | €0.001m | €0.02m | ▲ 33× |
| Suppliers440/4 | - | - | - | €0.6m | €0.1m | €0.002m | €0.001m | €0.02m | ▲ 33× |
| Advances received on contracts in progress46 | - | - | - | €0.6m | - | €0.002m | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.02m | €0.01m | €0.02m | €357 | ▼ 98.2% |
| Taxes450/3 | - | - | - | €0.1m | €0.01m | €0.004m | €0.02m | €357 | ▼ 98.2% |
| Remuneration and social security454/9 | - | - | - | €0.007m | €0.009m | €0.007m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.003m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 1.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.8m | €0.2m | - | - | €0.01m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,094 | €108,558 | €247,688 | €14,867 | €22,994 | €10,664 | -€28,973 | -€15,118 | ▲ 47.8% |
| + Depreciation and write-downs630 | €31,785 | €7,785 | €7,785 | €14,333 | €24,002 | €2,153 | €2,722 | €2,672 | ▼ 1.8% |
| Operating cash flow (approximation) | €51,879 | €116,344 | €255,473 | €29,200 | €46,996 | €12,817 | -€26,251 | -€12,446 | ▲ 52.6% |
| Investment in fixed assets (approximation) | - | €48,000 | €0 | -€79,544 | €0 | -€11,707 | €81,727 | -€5,880 | - |
| Change in cash | - | -€68,765 | €804,703 | -€578,014 | -€12,548 | -€220,039 | €82,217 | -€18,622 | - |
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, 2,686 companies had the same profile as DIRKX Development has now. Two years later, 93.7% were still going and 0.6% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DIRKX Development 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 2,686 companies, not a prediction for DIRKX Development. 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 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-06-2026 | 2026-00136609 | |
| 31-12-2024 | abbreviated format | 10-06-2025 | 2025-00154996 | |
| 31-12-2023 | abbreviated format | 05-06-2024 | 2024-00110262 | |
| 31-12-2022 | abbreviated format | 11-08-2023 | 2023-00332890 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20381127 | |
| 31-12-2020 | micro format | 05-08-2021 | 2021-46200461 | |
| 31-12-2019 | abbreviated format | 29-07-2020 | 2020-35800095 | |
| 31-12-2018 | micro format | 20-08-2019 | 2019-47800395 | |
| 31-12-2017 | micro format | 15-08-2018 | 2018-47200574 | |
| 31-12-2016 | micro format | 21-08-2017 | 2017-45500110 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 2025Equity €267,934 Profit of €12,461 in 2025 (profit of €130,280 in 2024) Checked score 8550%
Companies at the same address
8 other companies- Alvion Development Registered office · since 2026 1040073887
- VDF REIT Registered office · since 2023 1001729391
- BLOK. Registered office · since 2022 0785983476
- DIRKX BETONWERKEN Registered office · since 2022 0785326549
- Groep Dirkx Registered office · since 2021 0772909361
- VDF Development Registered office · since 2021 0770244732
- ALGA INVEST Registered office · since 2019 0721649118
- DIRKX Bouw Registered office · since 2008 0894591903
Connections & network
1 current directorThe network starts from the directors of DIRKX Development. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-06
Gazette deed
Registered office moved from Dilsen-Stokkem to BreeNew seat: Industrieterrein Kanaal Noord 1650 3960 Bree · Previous seat: Reselt 1 3650 Dilsen-Stokkem · Director in office3 points ▸
- General meeting, 24-05-2026
- Registered-office move, Industrieterrein Kanaal Noord 1650 3960 Bree
- Director in office, Daan Dirkx (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Reselt 1, 3650 Dilsen-Stokkem until the act of 17-06-2026
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 0630.868.303
Financial year and general meeting
Accounts at the NBBEnvironmental permits
The 10 most recent of 12 applications.
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72403A1508/00A000 | Flanders | 7,823 m² | 1 · 1,301 m² | 0.1 m |