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DK Engineering

Active Private limited company (pre-2019)founded 2013active for 13 yearsPapestraat 83, 8560 WevelgemKBO/BCE: BE 0534.989.444

Overview

Lifetime

12 annual accounts with figures on one time axis
peak €21,218 (2015)
-€3,588▲ €2,870
lowest -€24,004 (2021)
-€3,588▲ €3,614
peak €84,602 (2020)
€30,864▼ 10.4%
-not published
Documentsfilings and deeds
30-09-202661 days late
2025abbreviated format
Gross margin from -€6,458 to -€3,588Loss of €3,588Cash from €20 to €196

Key points

from the 2025 annual accounts

Equity

€30,864 from €84,602 in 2020

Equity fell by 64% in 5 years.

Losses

-€53,738 in five years
-24,0042021-9,5562022-9,3882023-7,2022024-3,5882025

Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.

Filings

12 annual accounts 61 days
AprilJune31 JulyOctober201520202025

Latest accounts filed late: after the legal deadline.

Turnover not published (abbreviated or micro format)

Checked score

63
Healthy
Financially stronger than 32% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.3%▼ -0.1 percentage points vs 01-2025 03-2025: 1.2%▼ -0.1 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▼ -0.1 percentage points vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▼ -0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026lowest value 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.3%▼ -0.3 percentage points vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026

Financial strength
Weak

100=equity 100.0% of total assets
2+2cash 0.6%
8+8return on assets -11.6%

Score breakdown

raises risk
Last filed accounts filed 61 days late; 1 of the last 3 accounts late
Loss of €3,588, the second in a row (financial year 2025)
Liquidity: cash €196
Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
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 33, micro). It does better than 91% of them on solvency, 2% on liquidity, 10% on profitability and 23% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 4,805 companies had the same profile as DK Engineering has now. Each dot stands for 13 companies, two years later.

88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DK Engineering itself: 1.3% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 4,805 companies, not a prediction for DK Engineering. 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.

Credit verdict

Credit of up to €1,500 on 30-day terms is acceptable

Cash is 0.6% of total assets. 0% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €3,588, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: cash €196
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,588
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 30-09-2026, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
2 days early
2023
3 days early
2022
4 days early
2021
28 days late
2020
31 days late
2019
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

First establishment Noordkouter 41, Wevelgem
Incorporation published on 18-06-2013 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
DK Engineering Wevelgem €30,864 -€3,588 100.0% -
ESKER Lier €21,898 -€3,287 35.2% -
PNDA Châtelet €42,957 -€8,559 52.3% -
SABBE CONSTRUCT Izegem €19,172 -€3,443 -27.7% -
40-30 BENELUX Aarschot €44,390 -€51,960 -43.2% 0
UNDER PRESSURE Antwerp €28,824 -€4,126 -270.1% -
TECHNICS AND AUTOMATION Scherpenheuvel-Zichem €19,857 -€17,901 65.8% -

These companies have the same main activity as DK Engineering: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €19,200 and €44,400, founded between 2004 and 2018.

Official details

Source: KBO
Status
Active since 04-06-2013Normal situation
Activity
Installation of industrial machinery and equipmentNACE 33200and 1 other
Establishment unit
2.220.886.8588560 Wevelgem, since 02-08-2013
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

-€3,588▲ 44.4%
€3,588▼ 50.2%
€30,864▼ 10.4%
€30,864▼ 10.4%
Filing
Filed on 30-09-2026
Financials

Insights on DK Engineering

DK Engineering files the abbreviated format. That format states no turnover. The gross margin fell from €20,875 in 2014 to -€3,588 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-09-2026, 61 days late
-€3,588
▲ €2,870
-€3,588
▲ €3,608
-
-
100.0%
unchanged
-

Money flows

no detail for 2025

Balance sheet

balance sheet total €30,864 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

100.0%

Higher than 95% of 600 companies in 2025.

-

Higher than 95% of 382 companies in 2021.

-11.6%

Higher than 8% of 595 companies in 2025.

DK Engineering Middle half of the sector 80% of the sector Abbreviated accounts in repair and installation of machinery (NACE 33)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014
Balance sheet: assets
20/58 30,86434,45241,65451,04262,366127,07285,02273,89573,348116,178115,46356,511
29/58 30,86434,45241,65451,04262,366127,07285,02273,89573,348116,178115,46356,511
40/41 30,66834,43241,56851,01861,739125,58183,53172,58273,348115,588114,87355,290
40 30,57834,17840,86847,07461,739120,62280,91769,77172,773114,044114,04452,948
41 912547003,944-4,9592,6142,8115751,5448292,342
54/58 1962086256271,4911,4911,313-5905901,222
Balance sheet: equity and liabilities
10/49 30,86434,45241,65451,04262,366127,07285,02273,89573,348116,178115,46356,511
10/15 30,86434,45241,65451,04260,59884,60274,19164,17755,71344,33048,71833,179
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
10 18,60018,60018,60018,60018,600-------
100 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,8601,8601,8601,8601,8601,860------
130 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
14 10,40413,99221,19430,58240,13864,14253,73143,71735,25323,87028,25812,719
17/49 ----1,76842,47010,8319,71817,63571,84866,74623,333
42/48 ----1,76842,47010,8319,71817,63571,84866,74623,333
43 --------1,375---
430/8 --------1,375---
44 -----28,6316,6256,123-47,53837,38214,898
440/4 -----28,6316,6256,123-47,53837,38214,898
45 -----13,8394,2063,5952,3324,97510,0284,854
450/3 -----13,8394,2063,5952,3324,97510,0284,854
47/48 ----1,768---13,92819,33519,3353,581
Income statement
70 -2,56112,6776,93226,18133,13140,77433,49817,595-84,620223,143
9900 -3,588-6,458-8,731-9,340-23,17914,07214,40313,15814,313-4,21021,21820,875
60/61 -9,01921,40816,27249,36019,05926,37020,3383,2824,20963,402202,268
640/8 -738649187630184107180253178401149
9901 -3,588-7,196-9,380-9,527-23,80913,88814,29612,97814,060-4,38820,81720,726
75/76B ----1-9----3
75 ----1-9----3
65/66B -6829196685164267-1041,295
65 -6829196685164267-1041,295
9903 -3,588-7,202-9,388-9,556-24,00413,88214,22012,81413,793-4,38820,71319,434
67/77 -----3,4714,2064,3502,410-5,1744,855
9904 -3,588-7,202-9,388-9,556-24,00410,41110,0148,46411,383-4,38815,53914,579
9905 -3,588-7,202-9,388-9,556-24,00410,41110,0148,46411,383-4,38815,53914,579
Appropriation of the result
9906 10,40413,99221,19430,58240,13864,14253,73143,71735,25323,87028,25814,579
14P 13,99221,19430,58240,13964,142-------
691/2 -----------1,860
6920 -----------1,860
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00545924.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-09-2026 2026-00545924 PDF
31-12-2024 micro format 29-07-2025 2025-00323401 PDF
31-12-2023 micro format 28-07-2024 2024-00293369 PDF
31-12-2022 micro format 27-07-2023 2023-00291272 PDF
31-12-2021 micro format 28-08-2022 2022-20329763 PDF
31-12-2020 micro format 31-08-2021 2021-66100141 PDF
31-12-2019 micro format 30-08-2020 2020-50300502 PDF
31-12-2018 micro format 29-08-2019 2019-59000531 PDF
31-12-2017 micro format 30-07-2018 2018-42800287 PDF
31-12-2016 micro format 24-09-2017 2017-63800432 PDF
31-12-2015 abbreviated format 30-08-2016 2016-56400021 PDF
31-12-2014 abbreviated format 07-08-2015 2015-41200219 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014
176-6661-602-8640178---0-631-
----60,59884,60274,19164,17755,71344,33048,71833,179
---74.0%--90.9%41.9%35.1%38.7%79.9%-24.6%9.3%
100.0%100.0%100.0%100.0%97.2%66.6%87.3%86.8%76.0%38.2%42.2%58.7%
----35.272.997.857.604.161.621.732.42
----0.030.500.150.150.321.621.370.70
-11.6%-20.9%-22.5%-18.7%-39.6%12.3%13.5%13.2%20.4%-9.9%31.9%43.9%
-11.6%-20.9%-22.5%-18.7%-38.5%8.2%11.8%11.5%15.5%-3.8%13.5%25.8%
-4871 days1177 days2479 days861 days1329 days724 days760 days1510 days-492 days87 days
-----548 days92 days110 days-4122 days215 days27 days

EBIT margin. Not meaningful: turnover is only a small part of operating income.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on DK Engineering

The operating result for 2025 is a loss of €3,588, smaller than the loss of €7,196 in 2024.

Timeline

Timeline

19 events since 2013

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 61 days late
2025
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 3 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 4 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 28 days late
2021
Weakest financial year net -€24,004 The net result drops to -€24,004, the lowest from 2014 to 2025. It recovers the following year.
Liquidity more than 11 times current ratio 35.27 The current ratio rises from 2.99 to 35.27. Short-term debt falls from €42,470 to €1,768.
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
Annual accounts 2019 filed PDFmicro format · 30 days late
2019
Annual accounts 2018 filed PDFmicro format · 29 days late
2018
Annual accounts 2017 filed PDFmicro format · 1 day before the deadline
2017
Back to profit net €11,383 The net result is €11,383, after one loss-making year.
Liquidity more than doubled current ratio 4.16 The current ratio rises from 1.62 to 4.16. Short-term debt falls from €71,848 to €17,635.
Annual accounts 2016 filed PDFmicro format · 55 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 30 days late
2015
Highest result from 2014 to 2025 net €15,539 ▲6.6% The operating result of €20,817 and the net result of €15,539 are both a record.
Annual accounts 2014 filed PDFabbreviated format · 7 days late
2013
First establishment Noordkouter 41, Wevelgem
Incorporation PDFpublished on 18-06-2013

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 4 June 2013, DK Engineering was incorporated.1 Turnover went from €33,498 in 2018 to €2,561 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0534.989.444
VAT number
BE 0534.989.444
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
04-06-2013
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
DK Engineering in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
33200 Installation of industrial machinery and equipment main activity
49420 Land transport and transport via pipelines

Registered office and establishments

1 establishment
Establishment Since Unit number
Papestraat 83 registered office 8560 Wevelgem
Noordkouter 41 8560 Wevelgem 02-08-2013 2.220.886.858

Buildings and parcels at the addresses

Ground area
677 m²
Buildings
291 m²
Volume, LiDAR
1,496 m³
Tallest building
12.2 m
Buildings to scale, each on its own parcel
189 m², 12.2 m 102 m², 6.8 m 189 m², 12.2 m 102 m², 6.8 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
34029A0509/00T005505 m² 1 · 102 m² 6.8 m · 1
34302B0464/00M002171 m² 1 · 189 m² 12.2 m · 2

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