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DK Service

Active
Private limited companyfounded 2024active for 1 yearBlekerij 10, 9620 Zottegem, BelgiumKBO/BCE: BE 1017.561.573
Summary

DK Service has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,198 and a net result of €65,198. Its solvency ranks better than 45% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Equity
€68,198
Total assets
€159,193
Net result
€65,198
Working capital
€51,425

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €159,193
Fixed assets €41,503
Current assets €117,690
Equity and liabilities €159,193
Equity €68,198
Debt €90,996
Debt finances 57.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€101,320
Cash flow
€69,958
Current ratio
1.78
Debt to equity
1.33
ROE
95.6%
ROA
41.0%
Interest coverage
over 100
Debt ≤ 1 year
€66,264
Debt > 1 year
€24,344
Income taxes
€30,896

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.5% 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%.

The companies in ten equal groups, from lowest to 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%

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 11,280 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€159,193
Fixed assets21/28€41,503
Intangible fixed assets21€6,641
Tangible fixed assets22/27€34,862
Furniture and vehicles24€34,862
Current assets29/58€117,690
Amounts receivable within one year40/41€36,745
Trade receivables40€36,737
Other amounts receivable41€8
Cash at bank and in hand54/58€80,945
Equity and liabilities
Total equity and liabilities10/49€159,193
Equity10/15€68,198
Contributions10/11€3,000
Reserves13€65,198
Distributable reserves133€65,198
Amounts payable17/49€90,996
Amounts payable after more than one year17€24,344
Financial debts170/4€24,344
Amounts payable within one year42/48€66,264
Current portion of amounts payable after more than one year42€8,265
Trade debts44€12,814
Suppliers440/4€12,814
Taxes, remuneration and social security45€35,375
Taxes450/3€35,375
Other amounts payable47/48€9,811
Accrued charges and deferred income492/3€387
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,761
Other operating charges640/8€186
Gross operating margin9900€101,506
Operating profit (loss)9901€96,559
Financial income75/76B€126
Recurring financial income75€126
Financial charges65/66B€592
Recurring financial charges65€592
Profit (loss) for the period before taxes9903€96,093
Income taxes67/77€30,896
Profit (loss) for the period9904€65,198
Profit (loss) for the period to be appropriated9905€65,198
Appropriation of the result
Profit (loss) to be appropriated9906€65,198
Transfer to equity691/2€65,198
To other reserves6921€65,198

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,761
Other operating charges640/8€186
Gross operating margin9900€101,506
Operating profit (loss)9901€96,559
Financial income75/76B€126
Recurring financial income75€126
Financial charges65/66B€592
Recurring financial charges65€592
Profit (loss) for the period before taxes9903€96,093
Income taxes67/77€30,896
Profit (loss) for the period9904€65,198
Profit (loss) for the period to be appropriated9905€65,198
Line2025
Assets
Total assets20/58€159,193
Fixed assets21/28€41,503
Intangible fixed assets21€6,641
Tangible fixed assets22/27€34,862
Furniture and vehicles24€34,862
Current assets29/58€117,690
Amounts receivable within one year40/41€36,745
Trade receivables40€36,737
Other amounts receivable41€8
Cash at bank and in hand54/58€80,945
Equity and liabilities
Total equity and liabilities10/49€159,193
Equity10/15€68,198
Contributions10/11€3,000
Reserves13€65,198
Distributable reserves133€65,198
Amounts payable17/49€90,996
Amounts payable after more than one year17€24,344
Financial debts170/4€24,344
Amounts payable within one year42/48€66,264
Current portion of amounts payable after more than one year42€8,265
Trade debts44€12,814
Suppliers440/4€12,814
Taxes, remuneration and social security45€35,375
Taxes450/3€35,375
Other amounts payable47/48€9,811
Accrued charges and deferred income492/3€387
Line2025
Profit (loss) for the period9904€65,198
+ Depreciation and write-downs630€4,761
Operating cash flow (approximation)€69,958

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 05-01-2026 2026-00005008

Similar companies · same sector, comparable size

Of the 22,634 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,502. 8,886 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.