Districts
ActiveSummary
Districts has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of -€52,535. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35=
Solvency79▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.93 in 2024; short-term debt: 14.3% and cash: 2.9% of total assets), and 45.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.2%
Return on assets
-1.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
26 d late
2024
31 d early
2023
30 d early
2022
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.7m▼ 1.9%
2024 · €2.7m
Total assets
€4.9m▼ 3.3%
2024 · €5.1m
Net result
-€52,535▼ 3.1%
2024 · -€50,959
Working capital
-€364,478▼ 874%
2024 · -€37,439
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€34,075--€3,140▲ 90.8%€20,072€20,469▲ 2.0%
Net result-€34,139below the sector's middle half--€3,144below the sector's middle half▲ 90.8%-€50,959below the sector's middle half▼ 1,521%-€52,535below the sector's middle half▼ 3.1%
Equity€5,861below the sector's middle half-€2,717below the sector's middle half▼ 53.6%€2.7mabove the sector's middle half▲ 100,438%€2.7mabove the sector's middle half▼ 1.9%
Total assets€23,587below the sector's middle half-€4,621below the sector's middle half▼ 80.4%€5.1mabove the sector's middle half▲ 110,563%€4.9mabove the sector's middle half▼ 3.3%
Debt€17,726-€1,904▼ 89.3%€2.4m▲ 125,011%€2.3m▼ 4.9%
Working capital€21,129within the sector's middle half-€2,717below the sector's middle half▼ 87.1%-€37,439below the sector's middle half-€364,478below the sector's middle half▼ 874%
Solvency24.8%within the sector's middle half-53.4%within the sector's middle half54.2%within the sector's middle half▲ 0.8pp
Current ratio9.60above the sector's middle half-0.93below the sector's middle half0.49below the sector's middle half▼ 0.45
Return on assets (ROA)-144.7%below the sector's middle half--1.0%below the sector's middle half-1.1%below the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.9m
Fixed assets
€4.6m =
Current assets
€344,013 ▼ 33.1%
Equity and liabilities €4.9m
Equity
€2.7m ▼ 1.9%
Debt
€2.3m ▼ 4.9%
Debt's share of the balance-sheet total falls from 46.6% to 45.8%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.85▼
2024 · 0.87
ROE
-2.0%▼
2024 · -1.9%
Debt ≤ 1 year
€708,491▲
2024 · €551,301
Debt > 1 year
€1.5m▼
2024 · €1.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €177 | €184 | €1,845 | €595 | ▼ 67.8% |
| Gross operating margin9900 | -€33,898 | -€2,956 | €21,917 | €21,064 | ▼ 3.9% |
| Operating profit (loss)9901 | -€34,075 | -€3,140 | €20,072 | €20,469 | ▲ 2.0% |
| Financial income75/76B | - | €49 | €0 | €3 | ▲ 14,900% |
| Recurring financial income75 | - | €49 | €0 | €3 | ▲ 14,900% |
| Financial charges65/66B | €20 | €52 | €71,031 | €73,007 | ▲ 2.8% |
| Recurring financial charges65 | €20 | €52 | €71,031 | €73,007 | ▲ 2.8% |
| Profit (loss) for the period before taxes9903 | -€34,095 | -€3,144 | -€50,959 | -€52,535 | ▼ 3.1% |
| Income taxes67/77 | €44 | - | - | - | - |
| Profit (loss) for the period9904 | -€34,139 | -€3,144 | -€50,959 | -€52,535 | ▼ 3.1% |
| Profit (loss) for the period to be appropriated9905 | -€34,139 | -€3,144 | -€50,959 | -€52,535 | ▼ 3.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23,587 | €4,621 | €5.1m | €4.9m | ▼ 3.3% |
| Fixed assets21/28 | - | - | €4.6m | €4.6m | = |
| Financial fixed assets28 | - | - | €4.6m | €4.6m | = |
| Current assets29/58 | €23,587 | €4,621 | €513,862 | €344,013 | ▼ 33.1% |
| Amounts receivable within one year40/41 | €1,187 | €1,601 | €458,404 | €201,231 | ▼ 56.1% |
| Trade receivables40 | €545 | €545 | €453,566 | €201,231 | ▼ 55.6% |
| Other amounts receivable41 | €643 | €1,057 | €4,838 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €22,400 | €3,020 | €55,458 | €142,782 | ▲ 157% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23,587 | €4,621 | €5.1m | €4.9m | ▼ 3.3% |
| Equity10/15 | €5,861 | €2,717 | €2.7m | €2.7m | ▼ 1.9% |
| Contributions10/11 | €40,000 | €40,000 | €2.8m | €2.8m | = |
| Profit (loss) carried forward14 | -€34,139 | -€37,283 | -€88,242 | -€140,777 | ▼ 59.5% |
| Amounts payable17/49 | €17,726 | €1,904 | €2.4m | €2.3m | ▼ 4.9% |
| Amounts payable after more than one year17 | - | - | €1.8m | €1.5m | ▼ 15.1% |
| Financial debts170/4 | - | - | €1.8m | €1.5m | ▼ 15.1% |
| Amounts payable within one year42/48 | €2,458 | €1,904 | €551,301 | €708,491 | ▲ 28.5% |
| Current portion of amounts payable after more than one year42 | - | - | €255,635 | €265,899 | ▲ 4.0% |
| Trade debts44 | €2,414 | €897 | €295,666 | €439,609 | ▲ 48.7% |
| Suppliers440/4 | €2,414 | €897 | €295,666 | €439,609 | ▲ 48.7% |
| Taxes, remuneration and social security45 | €44 | €44 | €0 | €2,983 | - |
| Taxes450/3 | €44 | €44 | €0 | €2,983 | - |
| Other amounts payable47/48 | - | €963 | €0 | - | - |
| Accrued charges and deferred income492/3 | €15,268 | - | €66,438 | €57,836 | ▼ 12.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€34,139 | -€3,144 | -€50,959 | -€52,535 | ▼ 3.1% |
| Operating cash flow (approximation) | -€34,139 | -€3,144 | -€50,959 | -€52,535 | ▼ 3.1% |
| Investment in fixed assets (approximation) | - | - | - | -€3 | - |
| Change in cash | - | -€19,380 | €52,438 | €87,324 | ▲ 66.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
10-07
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
10-07
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
2025
31-12
Financial
Weakest financial yearnet -€52,535
Net result drops to -€52,535, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2mEq €2.7m ▲100,438%
Equity rises from €2,717 to €2.7m.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Kontich · 1 establishment unit since 2021
Ground area
5,003 m²
Building footprint
685 m²
Volume, LiDAR
7,725 m³
Parcel 11024B0084/00R000, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
33
companies at this address
See who is registered here
1 establishment unit
Circular Hydro
since 20212.312.503.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0084/00R000 | Flanders | 5,003 m² | 1 · 685 m² | 12.8 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
Part of the group
Companions
28 companies
Group, risk and exposure
Owners and holdings
1 owner · 4 holdingsChain of control
- Companions
- Districts
Highest known parent: Companions. The sources do not say who stands above it.
Owners 1
- CompanionsparentSourceaccounts Companions 202461.69%
Holdings 4
-
100%
-
100%
-
100%
-
100%
According to the 2025 annual accounts of Districts and those 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.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 1,959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
36000Water collection, treatment and supply
37000Sewerage
42919Civil engineering
70200Business and other management consultancy
71209Other technical testing and analysis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761453463
Registered
02-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.