DMK CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DMK CONSTRUCT is 3.3% (moderate). The 2025 annual accounts show equity of €37,404 and a net result of €25,506. Its solvency ranks better than 24% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-06-2024 Normal situation
- Registered office
- 961 active companies are registered at this address 95 started in the 12 months before. Source: KBO register, as of 2 November 2026.
- Activity
- Other specialised construction activities NACE 43990
- Establishment unit
- 2.363.725.296 1950 Kraainem, since 20-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Board and ownership
- KOSTADINOV Dimitar NikolovDirector · since 20-06-2024
- VELIKOV DimitarDirector · since 20-06-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.3%
- Gross margin
- €33,579
- ▲ 243%
- Turnover
- ≈ €290,000
- estimated
- Profit
- €25,506
- ▲ 270%
- Equity
- €37,404
- ▲ 214%
- Total assets
- €167,015
- ▲ 81.2%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskFounded in 2024Sector: Specialised construction activities (NACE 43)Size: total assets €167,015Last filed accounts filed 27 days late; 1 of the last 3 accounts lateShow the evidence
Checked score
About 3 in 100 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 24% of them on solvency, 8% on liquidity, 73% on profitability and 96% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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 2 accounts on average 34 days after 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
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00434730.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 3.7 times that of 2024.
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).
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,635 | €1,896 |
| Intangible fixed assets | €900 | - |
| Depreciation and write-downs of the year | €1,014 | €444 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as DMK CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €141,000 and €213,000, founded in 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| DMK CONSTRUCT Kraainem | 2024 | €167,015 | €37,404 | €33,579 | - | €25,506 | 2025 |
| ELI-MAT Kraainem | 2024 | €162,756 | €26,555 | €38,695 | - | €30,666 | 2025 |
| Carlos Construct Sint-Pieters-Leeuw | 2024 | €165,790 | €20,684 | €37,721 | €577,787 | €30,684 | 2025 |
| M VAZ CONSTRCUTION Grimbergen | 2024 | €212,707 | €14,599 | €34,360 | - | €1,643 | 2025 |
| DRY CONCEPT Sint-Gillis (bij-Brussel) | 2024 | €152,700 | €7,075 | €35,103 | - | €7,075 | 2025 |
| J A M SERVICES Sint-Jans-Molenbeek | 2024 | €140,904 | €15,677 | €30,174 | €478,136 | €24,177 | 2025 |
| Morelleke Merelbeke-Melle | 2024 | €146,081 | €18,459 | €31,299 | - | €16,990 | 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, 7,976 companies had the same profile as DMK CONSTRUCT has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DMK CONSTRUCT itself: 3.3% 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 7,976 companies, not a prediction for DMK CONSTRUCT. 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,014 | €444 | ▼ 56.2% |
| Other operating charges640/8 | €111 | €1,033 | ▲ 828% |
| Gross operating margin9900 | €9,781 | €33,579 | ▲ 243% |
| Operating profit (loss)9901 | €8,656 | €32,102 | ▲ 271% |
| Financial income75/76B | €12 | €148 | ▲ 13× |
| Recurring financial income75 | €12 | €148 | ▲ 13× |
| Financial charges65/66B | €12 | €334 | ▲ 27× |
| Recurring financial charges65 | €12 | €334 | ▲ 27× |
| Profit (loss) for the period before taxes9903 | €8,655 | €31,916 | ▲ 269% |
| Income taxes67/77 | €1,758 | €6,410 | ▲ 265% |
| Profit (loss) for the period9904 | €6,897 | €25,506 | ▲ 270% |
| Profit (loss) for the period to be appropriated9905 | €6,897 | €25,506 | ▲ 270% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €92,158 | €167,015 | ▲ 81.2% |
| Fixed assets21/28 | €1,522 | €2,974 | ▲ 95.4% |
| Tangible fixed assets22/27 | €1,522 | €2,974 | ▲ 95.4% |
| Plant, machinery and equipment23 | €1,522 | €2,974 | ▲ 95.4% |
| Current assets29/58 | €90,636 | €164,041 | ▲ 81.0% |
| Stocks and contracts in progress3 | €38,593 | €108,447 | ▲ 181% |
| Stocks30/36 | €38,593 | €108,447 | ▲ 181% |
| Amounts receivable within one year40/41 | €44,133 | €38,491 | ▼ 12.8% |
| Trade receivables40 | €28,000 | €20,101 | ▼ 28.2% |
| Other amounts receivable41 | €16,133 | €18,390 | ▲ 14.0% |
| Cash at bank and in hand54/58 | €7,517 | €9,678 | ▲ 28.8% |
| Deferred charges and accrued income490/1 | €393 | €7,425 | ▲ 19× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €92,158 | €167,015 | ▲ 81.2% |
| Equity10/15 | €11,897 | €37,404 | ▲ 214% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €6,897 | €32,404 | ▲ 370% |
| Amounts payable17/49 | €80,260 | €129,611 | ▲ 61.5% |
| Amounts payable within one year42/48 | €80,260 | €129,611 | ▲ 61.5% |
| Trade debts44 | €78,503 | €121,032 | ▲ 54.2% |
| Suppliers440/4 | €78,503 | €121,032 | ▲ 54.2% |
| Taxes, remuneration and social security45 | €1,758 | €8,167 | ▲ 365% |
| Taxes450/3 | €1,758 | €8,167 | ▲ 365% |
| Other amounts payable47/48 | - | €412 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €6,897 | €25,506 | ▲ 270% |
| + Depreciation and write-downs630 | €1,014 | €444 | ▼ 56.2% |
| Operating cash flow (approximation) | €7,911 | €25,950 | ▲ 228% |
| Investment in fixed assets (approximation) | - | -€1,896 | - |
| Change in cash | - | €2,161 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- KOSTADINOV Dimitar Nikolov 50 shares (50%)
- VELIKOV Dimitar 50 shares (50%)
Capital transactions
- 24-06-2024 Incorporation · €5,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| KOSTADINOV Dimitar Nikolov |
|
| VELIKOV Dimitar |
|
Articles of association
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 met WVV-vermeldingen”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “100, beschikbare eigen vermogensrekeningen”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 24-06-2024 (in Dutch)
Network & group
DMK CONSTRUCT shares no director with another company.
Companies at the same address
960 other companies- RORAF GROUP Registered office · since 2026 1044567165
- TIMSONET GROUP Registered office · since 2026 1044500552
- ATLAS CORPORATE Registered office · since 2026 1044387419
- BRAM'S RENOVATION Registered office · since 2026 1044298040
- WELIA Registered office · since 2026 1044238454
- CHAUFFAFAN Registered office · since 2026 1043653484
- D&M RENOV Registered office · since 2026 1043576973
- M&J Construct Registered office · since 2026 1043559949
- MARIO TOTAL CONSTRUCT Registered office · since 2026 1043463246
- AMAXIA ENERGY Registered office · since 2026 1043417617
Connections & network
2 current directorsThe network starts from the directors of DMK CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-06
Gazette deed
IncorporationStarting capital €5,000 · Appointments: KOSTADINOV Dimitar Nikolov (director) and VELIKOV Dimitar (director) · Founder13 points ▸
- Incorporation, “DMK CONSTRUCT” (deed in Dutch)
- Founder, KOSTADINOV Dimitar Nikolov
- Founder, VELIKOV Dimitar
- Founding capital, €5,000
- Other provision, 30-05-2024
- Other provision, “statuten, De statuten luiden als volgt: Statuten” (deed in Dutch)
- Other provision, “uitwerking slot- en overgangsbepalingen, overeenkomstig de wet” (deed in Dutch)
- Registered office clause, “1950 KRAAINEM,Steenweg op Mechelen,455” (deed in Dutch)
- Board rule, 2
- Director appointment, KOSTADINOV Dimitar Nikolov (director)
- Director appointment, VELIKOV Dimitar (director)
- Other provision, “afwezigheid beheersverbod, geen burgerlijk of strafrechtelijk beheersverbod” (deed in Dutch)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
75 activities
- Algemeen bouwwerken
- Bouwnijverheid
- Slopen van gebouwen
- Het bouwrijp maken van terreinen
- Grondverzet
- Het slopen van gebouwen en andere bouwwerken
- Het ruimen van bouwterreinen
- Het grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen
- Graven van sleuven en geulen
- Verwijderen van rotsen
- Grondverzet met behulp van explosieven
- Algemene bouwkundige en civieltechnische werken
- Bouwen van individuele huizen
- Het optrekken van de ruwbouw van individuele huizen
- De bouw van individuele huizen volgens de formule “sleutel op de deur”
- Optrekken van andere residentiële gebouwen en van kantoorgebouwen
- Het optrekken van de ruwbouw van gebouwen met celstructuur: appartementsgebouwen,kantoorgebouwen
- De bouw van appartementen volgens de formule “sleutel op de deur”
- Het optrekken van de ruwbouw van gebouwen voor industrieel of commercieel gebruik,van stel- en stapelplaatsen,scholen,ziekenhuizen,van gebouwen voor de beoefening van erediensten,cultuur,sport
- Onderneming voor het bouwen van funderingen inclusief heien
- Voor het uitvoeren van metselwerk
- Voor het bouwen van open haarden,stookplaatsen,sierschouwen
- Voor het uitvoeren van voegwerken
- Voor het bouwen van koelkamers en kluizen
- Voor het zandstralen
- Bouwinstallatie,elektrische installatie
- Onderneming voor de installatie van elektrische verwarmingsinstallaties
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Isolatiewerkzaamheden
- Het aanbrengen in gebouwen en andere bouwwerken van thermische isolatiemateriaal
- Isolatiemateriaal tegen geluid en trillingen
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- Loodgieterswerk,installatie van verwarming,klimaatregeling en ventilatie
- Overig loodgieterswerk
- De installatie van stores en zonneschermen
- Het plaatsen van tussenwanden van gipsplaten
- Schrijnwerk van hout of van kunststof
- De montage van buiten- en binnen schrijnwerk van hout of van kunststof: deuren,vensters,kozijnen,trappen
- Muurkasten,inbouwkeukens en winkelinrichtingen
- De installatie van al dan niet verplaatsbare tussenwanden
- De bekleding van wanden en plafonds in hout of kunststof
- De installatie van garagepoorten,luiken,zonneblinden,traliewerk en hekken,in hout of kunststof
- Vloerafwerking en wandbekleding
- Plaatsen van vloer- en wandtegels
- Plaatsen van vloerbedekking van hout of andere materialen
- Plaatsing van behang
- Schilderen,het schilderen van het binnen- en buitenwerk van gebouwen
- Het behandelen van muren met vochtwerende en waterafstotende producten
- Het schilderen van metalen constructies
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Gevelreiniging door middel van zandstralen,met behulp van stoom
- Het reinigen van nieuwe gebouwen na beëindigen van de bouwwerkzaamheden
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Verhuur van machines voor de bouwnijverheid met bedieningspersoneel
- Onderneming voor het aanbrengen van chape,bouw
- Algemene bouw
- Tegels zetten
- Bezetten
- Metsen
- Volledige sanitair
- Wegen van schouw
- Bouwen van volledig dak
- Afbraak van gebouwen in ruime zin
- Maken en aansmeren van betonnen putten of andere
- Schoonmaak,industriële schoonmaak
- Inpakken en verpakken van alle soorten goederen dit voor eigen rekening of in onder aanneming of in opdracht
- De algemene bouwonderneming,zowel voor openbaar als private werken
- Renovatie
- Werkzaamheden met betrekking tot beton,metselwerk,plafonnering,bepleistering
- Fabriceren en plaatsen van ramen,schrijnwerk,bevloering,het leggen van parket,tegels,klinkers
- Afbraakwerken,schilderwerken,renovatiewerken,onderhoudswerken
- Bekabelingen en installatie van telecommunicatienetwerken,elektriciteit,verwarming,dak,zonder dat deze opsomming beperkend is
- Uitvoeren van industriële en chemische reinigingswerken
- Het aanleg en onderhoud van diverse terreinen omvattende onder meer het aanleggen en onderhouden van parken en tuinen met inbegrip van aanplantingen en verlichting,evenals van speelpleinen,sportvelden,particuliere zwembaden en terrassen,alsook het plaatsen van afsluitingen en omheiningen in zowel hout,kuststof als metaal
- Tuinbouwbedrijf omvattende onder meer boom- en rozenkwekerij,evenals kwekerij van bloemen en planten,sierteelt,ontwerpen en uitvoeren van interieurbeplantingen en vegetale creaties
Invoicing 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 1010.552.631
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 |