DK CREATION
ActiveSummary
The computed 12-month bankruptcy probability of DK CREATION is 1.9% (moderate). The 2025 annual accounts show equity of €17,400 and a net result of -€11,345. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 40% of 34,718 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €17,400
- Loss
- -€11,345
- DOCQUIER GeoffreyDirector
- KHIBAZIEV Farid AbdoulaevitchDirector
Why 53raises riskFounded in 2023Sector: Specialised construction activities (NACE 43)Size: total assets €45,411lowers riskLiquidity: current ratio 1.60, cash €5,547, halvedShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 41% on solvency, 40% on liquidity, 4% on profitability and 11% on growth.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 9 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€11,345
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00418712.
2023 to 2025, 3 financial years
The operating result turns negative in 2025: a loss of €10,225 after €22,899 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 87.7% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,150 | €9,258 | €9,328 | ▲ 0.8% |
| Other operating charges640/8 | €384 | €685 | €690 | ▲ 0.7% |
| Gross operating margin9900 | €10,768 | €32,841 | -€206 | - |
| Operating profit (loss)9901 | €8,233 | €22,899 | -€10,225 | - |
| Financial charges65/66B | €351 | €1,275 | €1,121 | ▼ 12.1% |
| Recurring financial charges65 | €351 | €1,275 | €1,121 | ▼ 12.1% |
| Profit (loss) for the period before taxes9903 | €7,882 | €21,624 | -€11,345 | - |
| Income taxes67/77 | €1,150 | €4,610 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €6,732 | €17,013 | -€11,345 | - |
| Profit (loss) for the period to be appropriated9905 | €6,732 | €17,013 | -€11,345 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €52,936 | €66,679 | €45,411 | ▼ 31.9% |
| Fixed assets21/28 | €36,097 | €28,566 | €18,948 | ▼ 33.7% |
| Tangible fixed assets22/27 | €36,097 | €28,276 | €18,948 | ▼ 33.0% |
| Plant, machinery and equipment23 | €8,244 | €5,244 | €2,244 | ▼ 57.2% |
| Furniture and vehicles24 | - | €1,028 | €549 | ▼ 46.6% |
| Leasing and similar rights25 | €27,853 | €22,004 | €16,154 | ▼ 26.6% |
| Financial fixed assets28 | - | €290 | €0 | ▼ 100% |
| Current assets29/58 | €16,839 | €38,112 | €26,464 | ▼ 30.6% |
| Amounts receivable within one year40/41 | €9,147 | €7,287 | €20,437 | ▲ 180% |
| Trade receivables40 | €7,420 | €2,920 | €19,076 | ▲ 553% |
| Other amounts receivable41 | €1,727 | €4,367 | €1,361 | ▼ 68.8% |
| Cash at bank and in hand54/58 | €7,692 | €30,278 | €5,547 | ▼ 81.7% |
| Deferred charges and accrued income490/1 | - | €548 | €480 | ▼ 12.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €52,936 | €66,679 | €45,411 | ▼ 31.9% |
| Equity10/15 | €11,732 | €28,745 | €17,400 | ▼ 39.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €6,500 | €23,500 | €12,000 | ▼ 48.9% |
| Distributable reserves133 | €6,500 | €23,500 | €12,000 | ▼ 48.9% |
| Profit (loss) carried forward14 | €232 | €245 | €400 | ▲ 63.0% |
| Amounts payable17/49 | €41,204 | €37,933 | €28,012 | ▼ 26.2% |
| Amounts payable after more than one year17 | €22,997 | €17,373 | €11,492 | ▼ 33.9% |
| Financial debts170/4 | €22,997 | €17,373 | €11,492 | ▼ 33.9% |
| Amounts payable within one year42/48 | €18,207 | €20,560 | €16,520 | ▼ 19.7% |
| Current portion of amounts payable after more than one year42 | €5,378 | €5,624 | €5,882 | ▲ 4.6% |
| Trade debts44 | - | €4,647 | €6,459 | ▲ 39.0% |
| Suppliers440/4 | - | €4,647 | €6,459 | ▲ 39.0% |
| Taxes, remuneration and social security45 | €3,829 | €7,290 | €4,179 | ▼ 42.7% |
| Taxes450/3 | €2,200 | €5,660 | €2,100 | ▼ 62.9% |
| Remuneration and social security454/9 | €1,629 | €1,629 | €2,079 | ▲ 27.6% |
| Other amounts payable47/48 | €9,000 | €3,000 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,732 | €17,013 | -€11,345 | - |
| + Depreciation and write-downs630 | €2,150 | €9,258 | €9,328 | ▲ 0.8% |
| Operating cash flow (approximation) | €8,882 | €26,271 | -€2,017 | - |
| Investment in fixed assets (approximation) | - | -€1,727 | €290 | - |
| Change in cash | - | €22,586 | -€24,732 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00418712 |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00401594 |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00249407 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DOCQUIER Geoffrey |
|
| KHIBAZIEV Farid Abdoulaevitch |
|
Owners and capital
Capital and shareholders
- KHIBAZIEV Farid Abdoulaevitch founder
- DOCQUIER Geoffrey founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-09-2023 Incorporation · €5,000
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-09
Gazette deed
IncorporationAppointments: KHIBAZIEV Farid Abdoulaevitch (director) and DOCQUIER Geoffrey (director) · Permanent representative: KHIBAZIEV Farid Abdoulaevitch · Founder13 facts ▸
- Founder, KHIBAZIEV Farid Abdoulaevitch
- Founder, DOCQUIER Geoffrey
- Incorporation, 14-09-2023
- Founding capital, €5,000
- Capital
- General meeting, “unanimité, comparants formant assemblée” (deed in French)
- Registered office clause, “6990 Hotton,rue Bel Horizon,12” (deed in French)
- Board rule, 2
- Director appointment, KHIBAZIEV Farid Abdoulaevitch (director (not named in the articles))
- Director appointment, DOCQUIER Geoffrey (director (not named in the articles))
- Other provision, “rémunération des administrateurs, gratuit” (deed in French)
- Permanent representative, KHIBAZIEV Farid Abdoulaevitch
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0805.933.903
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 83028D0991/00K000 | Wallonia | 1,200 m² | 1 · 172 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise générale de menuiserie,d’ébénisterie et de charpenterie; La fabrication,le montage et la pose de meubles,intérieurs et…” (deed in French)
14 activities (deed in French)
- L’entreprise générale de menuiserie,d’ébénisterie et de charpenterie
- La fabrication,le montage et la pose de meubles,intérieurs et extérieurs,dont principalement,mais pas exclusivement des meubles de salles à manger,de salons,de chambres à coucher,de salles de bain,de bureau,de magasin,de cuisine,de jardin et d’extérieur
- La menuiserie intérieure et extérieure pour tous immeubles,y compris la décoration,les placards,la transformation et la restauration de meubles,par elle-même ou par sous-traitance,ainsi que le commerce de tous matériaux servant à la menuiserie en général
- La fabrication d’immeubles en ossature bois
- La fabrication et le montage et la pose de portes,de fenêtres,de vitres,de glaces,de miroiterie,de vitraux et de revêtements de sols,de murs et de plafonds en bois ou en matière plastique,ainsi que la vente et tous services et prestations relatifs aux châssis,volets et verrières
- La fabrication,l’achat,la vente,l’import et l’export de tous produits en bois ou dérivés du bois (bois de chauffage,bois destiné à la fabrication,etc.)
- L’achat,la vente,la production,la fabrication,la construction,l’assemblage,la confection,la manufacture,le parachèvement,le façonnage,la transformation,le montage,l’installation,la pose,le placement,la réparation,l’entretien,le commerce sous toutes leurs formes,y compris l’importation et l’exportation,en gros ou en détail,de tous produits,appareils,articles,matériaux (bois,plastique,PVC,aluminium,…),ouvrages,travaux,outils,machines,instruments et fournitures généralement quelconques en toutes matières
- La confection,la pose,la réparation et plus généralement toutes interventions et activités relatives aux travaux de toiture,de couverture et/ou d’isolation de bâtiments
- Tous travaux de couverture,de montage de charpentes,pose de couverture en tous matériaux,de mise en place des éléments d'évacuation des eaux de pluie
- Tous travaux de montage et démontage d'échafaudages et de plates-formes de travail
- L’entreprise de pose de plâtre,de Gyproc,de peintures,de démoussage de toiture
- Tous travaux de maçonnerie,plafonnage,rejointoyage,carrelage,mosaïque,démolition,démontage,remontage
- Tous travaux d'étanchéité et d’étanchéification des murs,des toits et des toitures,des terrasses,traitement des murs avec des produits hydrofuges,tous travaux de déshumidification des bâtiments
- La vente et la pose de piscine ; hivernage,estivage,réparation de piscine,réparation de système de filtration,chlore/Ph automatique,pompe à chaleur,placement de piscine,entretien général de piscine,volet solaire,etc.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DK CREATION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, faire constater authentiquement la modification statutaire éventuelle” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 16. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”“1- Adresse du siège : L’adresse du siège est située à 6990 Hotton, rue Bel Horizon, 12. 2- Administrateur non statutaire : L’assemblée…”
Full text
1- Adresse du siège : L’adresse du siège est située à 6990 Hotton, rue Bel Horizon, 12. 2- Administrateur non statutaire : L’assemblée décide de fixer le nombre d’administrateurs à 2. Sont appelés aux fonctions d’administrateur non statutaire pour une durée illimitée : • Monsieur KHIBAZIEV Farid, précité, ici présent et qui accepte. • Monsieur DOCQUIER Geoffrey, précité, ici présent et qui accepte ; 3- Pouvoir de signature : Le pouvoir de signature des administrateurs sera individuel mais conjoint (nécessitant la signature de tous les administrateurs) pour tous actes et/ou engagements égaux ou supérieurs à dix mille euros (10.000,00 €).
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, personnes physiques ou morales, actionnaires ou non” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre acquis, toutes cessions entre vifs à titre…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment que ce soit, assemblée générale” (deed in French)