DK
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DK has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €991,951 and a net result of €771,621. Equity has been growing by about 6.3% per year since 2019. Its solvency ranks better than 68% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 17-01-2017 Normal situation
- Activity
- Other specialised construction activities NACE 43990
- Establishment unit
- 2.260.909.850 2520 Ranst, since 18-01-2017
- Financial year end
- 30 June
- Peppol
- Reachable since 14-12-2025
Board and ownership
- Kurt D’HondtDirector · since 04-12-2023
- Holdings
- Shares in 1 company DE NOTEBOOM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €156,405
- ▲ 5.1%
- Turnover
- ≈ €650,000
- estimated
- Profit
- €771,621
- ▲ 202%
- Equity
- €991,951
- ▲ 42.4%
- Total assets
- €1.6m
- ▲ 40.3%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.38, cash €785,789Size: total assets €1.6mEquity €991,951 (62.9% of total assets)Show the evidence
Checked score
Fewer than 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 43, micro). It does better than 69% of them on solvency, 81% on liquidity, 92% on profitability and 80% on growth.
The bankruptcy probability was computed on 31-10-2026 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 36 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, micro format
Annual accounts 2025 filed on 17-12-2025 PDF all 8 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 7% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as DK: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1m and €1.8m, founded between 2013 and 2017.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| DK Ranst | 2017 | €1.6m | €1.0m | €0.2m | €0.8m | - | 2025 |
| IMMOBO Oosterzele | 2017 | €1.3m | €0.006m | €0.2m | €0.1m | - | 2025 |
| Vam Bouwwerken Antwerpen | 2017 | €1.8m | €0.4m | €0.2m | €0.04m | - | 2024 |
| HOC Antwerpen | 2016 | €1.0m | €0.2m | €0.2m | €0.05m | - | 2025 |
| EBIS group Antwerpen | 2016 | €1.1m | €0.3m | €0.1m | €0.04m | 1 | 2025 |
| ML PROJECTS Zandhoven | 2014 | €1.6m | €0.1m | €0.2m | -€0.02m | 1.4 | 2025 |
| HIMSTONE Kapellen | 2013 | €1.3m | €0.1m | €0.2m | €0.004m | - | 2025 |
They were chosen from the 7,010 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 6,782 companies had the same profile as DK has now. Two years later, 0.6% had gone bankrupt and 96.7% were still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DK itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 6,782 companies, not a prediction for DK. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,033 | €2,817 | €5,657 | €23,352 | €29,576 | €28,811 | €27,920 | ▼ 3.1% |
| Other operating charges640/8 | - | - | - | €2,065 | €3,350 | €3,498 | €3,434 | ▼ 1.8% |
| Gross operating margin9900 | €80,823 | €177,476 | €80,485 | €146,848 | €100,204 | €148,806 | €156,405 | ▲ 5.1% |
| Operating profit (loss)9901 | €77,728 | €172,833 | €72,098 | €121,431 | €67,278 | €116,497 | €125,051 | ▲ 7.3% |
| Financial income75/76B | - | - | - | €535,000 | €180,500 | €170,739 | €757,306 | ▲ 344% |
| Recurring financial income75 | €100,186 | €400,224 | €442,760 | €535,000 | €180,500 | €170,739 | €757,306 | ▲ 344% |
| Financial charges65/66B | - | - | - | €48 | €666 | €154 | €99 | ▼ 36.1% |
| Recurring financial charges65 | €8,546 | €7,292 | €139 | €48 | €666 | €154 | €99 | ▼ 36.1% |
| Profit (loss) for the period before taxes9903 | €169,367 | €565,765 | €514,719 | €656,384 | €247,112 | €287,081 | €882,259 | ▲ 207% |
| Income taxes67/77 | €29,305 | €89,508 | €23,171 | €26,103 | €45,382 | €31,812 | €110,638 | ▲ 248% |
| Profit (loss) for the period9904 | €140,062 | €476,256 | €491,548 | €630,280 | €201,730 | €255,269 | €771,621 | ▲ 202% |
| Profit (loss) for the period to be appropriated9905 | €140,062 | €476,256 | €491,548 | €630,280 | €201,730 | €255,269 | €771,621 | ▲ 202% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.6m | €0.9m | €1.3m | €1.8m | €1.5m | €1.1m | €1.6m | ▲ 40.3% |
| Fixed assets21/28 | €0.3m | €0.3m | €0.7m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 3.5% |
| Tangible fixed assets22/27 | €0.002m | €0.008m | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 5.6% |
| Land and buildings22 | - | - | - | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 2.8% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.001m | €0.001m | €348 | ▼ 40.0% |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.05m | €0.04m | €0.02m | ▼ 40.5% |
| Financial fixed assets28 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Current assets29/58 | €0.3m | €0.6m | €0.5m | €1.0m | €0.6m | €0.3m | €0.8m | ▲ 148% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.02m | €0.02m | - | €0.02m | €0.02m | ▼ 6.4% |
| Trade receivables40 | - | - | - | €0.02m | - | €0.02m | €0.02m | ▲ 7.3% |
| Other amounts receivable41 | - | - | - | €354 | - | €0.002m | €19 | ▼ 99.2% |
| Current investments50/53 | - | - | - | €0.4m | €0.4m | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.6m | €0.5m | €0.5m | €0.2m | €0.3m | €0.8m | ▲ 158% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.003m | €0.002m | €0.004m | ▲ 57.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.6m | €0.9m | €1.3m | €1.8m | €1.5m | €1.1m | €1.6m | ▲ 40.3% |
| Equity10/15 | €0.3m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €1.0m | ▲ 42.4% |
| Contributions10/11 | €0.01m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.3m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €1.0m | ▲ 43.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.8m | €0.8m | €0.7m | €1.0m | ▲ 43.6% |
| Amounts payable17/49 | €0.3m | €0.1m | €0.5m | €1.1m | €0.6m | €0.4m | €0.6m | ▲ 37.0% |
| Amounts payable within one year42/48 | €0.3m | €0.1m | €0.5m | €1.1m | €0.6m | €0.4m | €0.6m | ▲ 37.0% |
| Trade debts44 | €0.002m | €0.007m | €0.001m | €0.003m | €0.004m | €0.001m | €0.006m | ▲ 354% |
| Suppliers440/4 | - | - | - | €0.003m | €0.004m | €0.001m | €0.006m | ▲ 354% |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.05m | €0.03m | €0.09m | ▲ 205% |
| Taxes450/3 | - | - | - | €0.008m | €0.05m | €0.03m | €0.09m | ▲ 196% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €0.003m | - |
| Other amounts payable47/48 | - | - | - | €1.1m | €0.6m | €0.4m | €0.5m | ▲ 23.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €140,062 | €476,256 | €491,548 | €630,280 | €201,730 | €255,269 | €771,621 | ▲ 202% |
| + Depreciation and write-downs630 | €1,033 | €2,817 | €5,657 | €23,352 | €29,576 | €28,811 | €27,920 | ▼ 3.1% |
| Operating cash flow (approximation) | €141,095 | €479,073 | €497,205 | €653,632 | €231,306 | €284,081 | €799,541 | ▲ 181% |
| Investment in fixed assets (approximation) | - | -€8,919 | -€438,131 | -€85,002 | -€52,514 | -€1,215 | €0 | - |
| Change in cash | - | €321,563 | -€38,339 | -€27,083 | -€273,617 | €85,426 | €481,100 | ▲ 463% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 17-12-2025 | 2025-00583435 | |
| 30-06-2024 | micro format | 10-01-2025 | 2025-00005629 | |
| 30-06-2023 | micro format | 25-01-2024 | 2024-00010158 | |
| 30-06-2022 | micro format | 19-12-2022 | 2022-20544444 | |
| 30-06-2021 | micro format | 22-12-2021 | 2021-81200577 | |
| 30-06-2020 | micro format | 10-12-2020 | 2020-75100555 | |
| 30-06-2019 | micro format | 18-12-2019 | 2019-76500068 | |
| 30-06-2018 | micro format | 04-12-2018 | 2018-73500568 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-12-2023 Converted to unavailable equity
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam op vennootschapszetel”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft kopers naar evenredigheid verworven aantal,ook bij weigering erfgenaam/legataris, werkelijke waarde op dag overdracht”
Audit, dissolution and liquidation
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Vereffening en ontbinding in één akte, bestuurder(s) in functie indien geen andere vereffenaar benoemd”
Articles of association, deed of 13-12-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
10%
Connections & network
1 current directorThe network starts from the directors of DK. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-12
Gazette deed
Appointment: Kurt D’Hondt (statutory director)Reappointment: D’HONDT, Kurt Karel (statutory director) · Capital conversion · Purpose change11 points ▸
- General meeting, 04-12-2023
- Other provision, “wet van 2019-03-23, artikel 39 §2; artikel 39 §1 eerste en derde lid” (deed in Dutch)
- Capital conversion, “opheffing en overboeking naar beschikbare eigenvermogensrekeningen, artikel 39 §2 derde lid wet van 2019-03-23” (deed in Dutch)
- Purpose change
- Amendment of the articles
- Capital
- Director appointment, Kurt D’Hondt (statutory director)
- Director reappointment, D’HONDT, Kurt Karel (statutory director)
- Registered office clause, “2520 Ranst, Knodbaan 79” (deed in Dutch)
- Power of attorney
- Power of attorney, Ines van Opstal
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing 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 0669.708.091
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11031A0605/00N000 | Flanders | 575 m² | 1 · 118 m² | 7.7 m · 2 |