DML CONSTRUCTION

Active

Private limited companyfounded 20224 yrs activeSint-Bavostraat 24, 8700 Tielt, BelgiumKBO/BCE: BE 0782.654.693

The computed 12-month bankruptcy probability of DML CONSTRUCTION is 2.4% (moderate). The 2024 annual accounts show equity of €49k and a net result of €13k. Equity is growing by ~44.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 9982 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

71 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability86▼-14

Solvency76▲+11

Growth78=

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 2.77 against 2.2 in 2023; short-term debt: 22.6% and cash: 30.7% of total assets), and 49% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

51%

Return on assets

13.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

3 d early

2023

30 d late

2022

12 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€49k▲ 29.6%

2023 · €38k

2022: €15k 2023: €38k

2022 → 2024

Total assets

€96k▲ 0.9%

2023 · €95k

2022: €33k 2023: €95k

2022 → 2024

Net result

€13k▼ 46.4%

2023 · €24k

2022: €12k 2023: €24k

2022 → 2024

Working capital

€38k▲ 43.7%

2023 · €27k

2022: €13k 2023: €27k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€15k-€38k▲ 146%€49k▲ 29.6%

Operating result€17k-€35k▲ 99.8%€20k▼ 42.3%

Net result€12k-€24k▲ 101%€13k▼ 46.4%

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

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 42% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €96k

37.4%

62.6%

Fixed assets €36k▼ 22.3%

Current assets €60k▲ 22.8%

Equity and liabilities €96k

51.0%

49.0%

Equity €49k▲ 29.6%

Debt €47k▼ 18.0%

The debt ratio falls from 60.3% to 49.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€30k▼

2023 · €40k

Cash flow

€23k▼

2023 · €29k

Solvency

51.0%▲

2023 · 39.7%

Current ratio

2.77▲

2023 · 2.20

Quick ratio

2.77▲

2023 · 2.20

Debt / equity

0.96▼

2023 · 1.52

ROE

26.4%▼

2023 · 63.7%

ROA

13.4%▼

2023 · 25.3%

Interest coverage

31.03▼

2023 · 80.04

Debt

€47k▼

2023 · €57k

Debt ≤ 1 year

€22k▼

2023 · €22k

Debt > 1 year

€25k▼

2023 · €35k

Income taxes

€6k▼

2023 · €10k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€95k€96k▲

Fixed assets21/28€46k€36k▼

Tangible fixed assets22/27€46k€36k▼

Plant, machinery and equipment23€2k€1k▼

Leasing and similar rights25€45k€35k▼

Current assets29/58€49k€60k▲

Amounts receivable within one year40/41€28k€28k▲

Trade receivables40€27k€24k▼

Other amounts receivable41€590€4k▲

Cash at bank and in hand54/58€18k€30k▲

Deferred charges and accrued income490/1€4k€2k▼

Equity and liabilities

Total equity and liabilities10/49€95k€96k▲

Equity10/15€38k€49k▲

Contributions10/11€5k€5k=

Reserves13€33k€44k▲

Distributable reserves133€33k€44k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€57k€47k▼

Amounts payable after more than one year17€35k€25k▼

Financial debts170/4€35k€25k▼

Amounts payable within one year42/48€22k€22k▼

Current portion of amounts payable after more than one year42€10k€10k▲

Trade debts44€2k€1k▼

Suppliers440/4€2k€1k▼

Taxes, remuneration and social security45€9k€9k▼

Taxes450/3€9k€9k▼

Remuneration and social security454/9€0-

Other amounts payable47/48€2k€2k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€41k€32k▼

Operating profit (loss)9901€35k€20k▼

Financial income75/76B€2€2▲

Recurring financial income75€2€2▲

Financial charges65/66B€501€979▲

Recurring financial charges65€501€979▲

Profit (loss) for the period before taxes9903€34k€19k▼

Income taxes67/77€10k€6k▼

Profit (loss) for the period9904€24k€13k▼

Profit (loss) for the period to be appropriated9905€24k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€24k€13k▼

Transfer to equity691/2€22k€11k▼

To other reserves6921€22k€11k▼

Profit to be distributed694/7€2k€2k▲

Return on contributions (dividend)694€2k€2k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

28-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Highest result since 2022net €24k ▲101%

Operating result €35k, net result €24k, both a record.

19-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Tielt · 1 establishment unit since 2022

establishment The establishment unit on the map

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-Bavostraat 248700 Tielt

Ground area

560 m²

Building footprint

128 m²

Volume, LiDAR

775 m³

Parcel 37004B0065/00F002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

DML CONSTRUCTION

Sint-Bavostraat 24, 8700 TieltReal estate development

since 20222.328.890.420

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
37004B0065/00F002	Flanders	560 m²	1 · 128 m²	10.1 m · 2 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.

Similar companies · same sector, comparable size

S.K. CONSTRUCTION

BE 0835.829.402

Grâce-Hollogne · Eq €49k

FAB’BRIQUE

BE 0728.708.936

Villers-la-Ville · Eq €49k

Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,070 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded25-02-2022

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

41003General construction of other non-residential buildings

68121Development of residential building projects

71111Activities of building architects

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.