DNG CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of DNG CONCEPT is 2.9% (moderate). The 2025 annual accounts show equity of €2,344 and a net result of €1,600. Equity is growing by ~93.6% per year across the filed fiscal years. Its solvency ranks better than 11% of 28254 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+17
Solvency30▲+4
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.79 against 0.67 in 2024; short-term debt: 95.3% and cash: 6% of total assets), and 95.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
4.7%
Return on assets
3.2%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 28254 sector peers (2025).
NBB · sector comparisonPosition among 28254 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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 · 3 filingsDeviation from the deadline
2025
3 d late
2024
2 d early
2023
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€0
Total assets
€50,110▼ 28.1%
2024 · €69,726
Net result
€1,600
2024 · -€72
Working capital
-€10,156▲ 54.4%
2024 · -€22,259
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Turnover€0
Operating result-€1,303-€5,308€5,839▲ 10.0%
Net result-€1,684below the sector's middle half--€72below the sector's middle half▲ 95.7%€1,600within the sector's middle half
Equity€816below the sector's middle half-€744below the sector's middle half▼ 8.8%€2,344below the sector's middle half▲ 215%
Total assets€61,717below the sector's middle half-€69,726within the sector's middle half▲ 13.0%€50,110below the sector's middle half▼ 28.1%
Debt€60,901-€68,982▲ 13.3%€47,766▼ 30.8%
Working capital-€36,684below the sector's middle half--€22,259below the sector's middle half▲ 39.3%-€10,156below the sector's middle half▲ 54.4%
Solvency1.3%below the sector's middle half-1.1%below the sector's middle half▼ 0.3pp4.7%below the sector's middle half▲ 3.6pp
Current ratio0.40below the sector's middle half-0.67below the sector's middle half▲ 0.270.79below the sector's middle half▲ 0.12
Return on assets (ROA)-2.7%below the sector's middle half--0.1%below the sector's middle half▲ 2.6pp3.2%within the sector's middle half▲ 3.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50,110
Fixed assets
€12,500 ▼ 50.0%
Current assets
€37,610 ▼ 15.9%
Equity and liabilities €50,110
Equity
€2,344 ▲ 215%
Debt
€47,766 ▼ 30.8%
Debt's share of the balance-sheet total falls from 98.9% to 95.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18,339▲
2024 · €17,808
Cash flow
€14,100▲
2024 · €12,428
Debt to equity
20.38
ROE
68.3%
Interest coverage
5.10▲
2024 · 3.56
Debt ≤ 1 year
€47,766▼
2024 · €66,985
Income taxes
€685▲
2024 · €384
Staff costs
€251▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,136 companies that looked in July 2024 the way this one looks now, 4.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
4.9%
went bankrupt
2.0%
stopped otherwise
92%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,136 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
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | - | - |
| Remuneration, social security and pensions62 | €643 | €0 | €251 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,500 | €12,500 | €12,500 | = |
| Other operating charges640/8 | €833 | €2,837 | €1,418 | ▼ 50.0% |
| Gross operating margin9900 | €12,673 | €20,645 | €20,009 | ▼ 3.1% |
| Operating profit (loss)9901 | -€1,303 | €5,308 | €5,839 | ▲ 10.0% |
| Financial income75/76B | - | €4 | €40 | ▲ 991% |
| Recurring financial income75 | - | €4 | €40 | ▲ 991% |
| Financial charges65/66B | €381 | €4,999 | €3,594 | ▼ 28.1% |
| Recurring financial charges65 | €381 | €4,999 | €3,594 | ▼ 28.1% |
| Profit (loss) for the period before taxes9903 | -€1,684 | €312 | €2,285 | ▲ 633% |
| Income taxes67/77 | €0 | €384 | €685 | ▲ 78.4% |
| Profit (loss) for the period9904 | -€1,684 | -€72 | €1,600 | ▲ 2,321% |
| Profit (loss) for the period to be appropriated9905 | -€1,684 | -€72 | €1,600 | ▲ 2,321% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €61,717 | €69,726 | €50,110 | ▼ 28.1% |
| Fixed assets21/28 | €37,500 | €25,000 | €12,500 | ▼ 50.0% |
| Tangible fixed assets22/27 | €37,500 | €25,000 | €12,500 | ▼ 50.0% |
| Plant, machinery and equipment23 | €7,500 | €5,000 | €2,500 | ▼ 50.0% |
| Furniture and vehicles24 | €30,000 | €20,000 | €10,000 | ▼ 50.0% |
| Current assets29/58 | €24,217 | €44,726 | €37,610 | ▼ 15.9% |
| Amounts receivable within one year40/41 | €19,134 | €44,233 | €34,599 | ▼ 21.8% |
| Trade receivables40 | €16,820 | €37,496 | €26,046 | ▼ 30.5% |
| Other amounts receivable41 | €2,314 | €6,737 | €8,553 | ▲ 27.0% |
| Cash at bank and in hand54/58 | €5,083 | €492 | €3,011 | ▲ 512% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €61,717 | €69,726 | €50,110 | ▼ 28.1% |
| Equity10/15 | €816 | €744 | €2,344 | ▲ 215% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | = |
| Outside capital11 | - | - | €2,500 | - |
| Other1109/19 | - | - | €2,500 | - |
| Profit (loss) carried forward14 | -€1,684 | -€1,756 | -€156 | ▲ 91.1% |
| Amounts payable17/49 | €60,901 | €68,982 | €47,766 | ▼ 30.8% |
| Amounts payable within one year42/48 | €60,901 | €66,985 | €47,766 | ▼ 28.7% |
| Trade debts44 | €3,686 | €3,133 | €857 | ▼ 72.7% |
| Suppliers440/4 | €3,686 | €3,133 | €857 | ▼ 72.7% |
| Taxes, remuneration and social security45 | €1,651 | €6,884 | €1,278 | ▼ 81.4% |
| Taxes450/3 | €1,651 | €4,384 | €1,278 | ▼ 70.8% |
| Remuneration and social security454/9 | - | €2,500 | €0 | ▼ 100% |
| Other amounts payable47/48 | €55,565 | €56,967 | €45,631 | ▼ 19.9% |
| Accrued charges and deferred income492/3 | - | €1,997 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,684 | -€72 | €1,600 | ▲ 2,321% |
| + Depreciation and write-downs630 | €12,500 | €12,500 | €12,500 | = |
| Operating cash flow (approximation) | €10,816 | €12,428 | €14,100 | ▲ 13.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€4,591 | €2,519 | ▲ 155% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
30-06
Financial
Back to profitnet €1,600
Net result €1,600 after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Saint-Nicolas · 1 establishment unit since 2022
Ground area
149 m²
Building footprint
40 m²
Volume, LiDAR
380 m³
Parcel 62093A0379/00F002, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DNG CONCEPT
since 20222.328.868.347
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62093A0379/00F002 | Wallonia | 149 m² | 1 · 40 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 1,512 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782661029
Also
9925:BE0782661029
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.