DKN-Projects
ActiveDKN-Projects has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219k and a net result of €30k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy▼ -26 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-27
Solvency36▼-57
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.93 in 2024), and 78.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
21.8%
Return on assets
3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
11 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
18 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€219k▲ 15.4%
2024 · €190k
2018: €95k
2019: €88k
2020: €140k
2021: €164k
2022: €164k
2023: €154k
2024: €190k
2018 → 2025
Total assets
€1.01M▲ 163%
2024 · €383k
2018: €146k
2019: €216k
2020: €261k
2021: €430k
2022: €431k
2023: €329k
2024: €383k
2018 → 2025
Net result
€30k▼ 17.0%
2024 · €36k
2018: €49k
2019: €33k
2020: €72k
2021: €24k
2022: €574
2023: €-9k
2024: €36k
2018 → 2025
Working capital
€52k▼ 50.1%
2024 · €105k
2018: €58k
2019: €27k
2020: €87k
2021: €279k
2022: €239k
2023: €109k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€164k▼ 0.1%€154k▼ 5.8%€190k▲ 23.0%€219k▲ 15.4%
Operating result€24k-€14k▼ 41.1%€941▼ 93.2%€50k▲ 5,252%€56k▲ 10.4%
Net result€24k-€574▼ 97.6%€-9k€36k€30k▼ 17.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€754k▲ 355%
Current assets
€254k▲ 16.8%
Equity and liabilities €1.01M
Equity
€219k▲ 15.4%
Debt
€789k▲ 308%
The debt ratio rises from 50.4% to 78.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€67k▲
2024 · €58k
Cash flow
€42k▼
2024 · €44k
Solvency
21.8%▼
2024 · 49.6%
Current ratio
1.26▼
2024 · 1.93
Quick ratio
1.26▼
2024 · 1.93
Debt / equity
3.60▲
2024 · 1.02
ROE
13.8%▼
2024 · 19.1%
ROA
3.0%▼
2024 · 9.5%
Interest coverage
5.04▼
2024 · 20.17
Debt
€789k▲
2024 · €193k
Debt ≤ 1 year
€202k▲
2024 · €112k
Debt > 1 year
€585k▲
2024 · €81k
Income taxes
€12k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€383k€1.01M▲
Fixed assets21/28€166k€754k▲
Tangible fixed assets22/27€151k€139k▼
Land and buildings22€103k€100k▼
Furniture and vehicles24€29k€23k▼
Other tangible fixed assets26€19k€17k▼
Financial fixed assets28€15k€615k▲
Current assets29/58€218k€254k▲
Amounts receivable within one year40/41€212k€250k▲
Trade receivables40€197€9k▲
Other amounts receivable41€212k€241k▲
Cash at bank and in hand54/58€3k€577▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€383k€1.01M▲
Equity10/15€190k€219k▲
Contributions10/11€20k€20k=
Reserves13€170k€199k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€168k€197k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€193k€789k▲
Amounts payable after more than one year17€81k€585k▲
Financial debts170/4€81k€585k▲
Amounts payable within one year42/48€112k€202k▲
Current portion of amounts payable after more than one year42€14k€73k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€680€3k▲
Suppliers440/4€680€3k▲
Taxes, remuneration and social security45€9k€12k▲
Taxes450/3€9k€12k▲
Other amounts payable47/48€89k€113k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€12k▲
Other operating charges640/8€9k€723▼
Gross operating margin9900€67k€68k▲
Operating profit (loss)9901€50k€56k▲
Financial income75/76B€732€0▼
Recurring financial income75€732€0▼
Financial charges65/66B€3k€13k▲
Recurring financial charges65€3k€13k▲
Profit (loss) for the period before taxes9903€48k€42k▼
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€36k€30k▼
Profit (loss) for the period to be appropriated9905€36k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€30k▼
Transfer from equity791/2€833€833=
Transfer to equity691/2€36k€30k▼
To other reserves6921€36k€30k▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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
2025
31-12
Financial
Equity above €200kEq €219k ▲15.4%
2 profitable years in a row build equity to €219k.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-9k ▼1616%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 9.97
Current ratio from 2.72 to 9.97; short-term debt falls from €51k to €31k.
31-12
Financial
Equity above €150kEq €164k ▲17%
4 profitable years in a row build equity to €164k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €72k ▲116%
Net result €72k, the highest in the series.
31-12
Financial
Equity above €100kEq €140k ▲58.9%
3 profitable years in a row build equity to €140k.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sint-Jansstraat 128000 BruggeGround area
260 m²
Building footprint
242 m²
Volume, LiDAR
2,023 m³
Parcel 31005A0798/00B000, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DKN-Projects
since 20112.201.371.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0798/00B000 | Flanders | 260 m² | 1 · 242 m² | 14.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
LOISELET CONSTRUCTIONS
BE 0885.466.379
Chièvres · Eq €219k
Koren
BE 0844.817.540
Brecht · Eq €220k
KAAI-INVEST
BE 0434.740.043
Temse · Eq €219k
M.G.I.
BE 0721.425.325
Bièvre · Eq €220k
JACQUES LEROY
BE 0870.794.833
Elsene · Eq €220k
Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 5,268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-08-2011
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
46180Agents specialised in the wholesale of other particular products
68110Buying and selling of own real estate
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.