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DOBBELAERE CONSTRUCT

Active
Public limited companyfounded 1997active for 29 yearsOostendelaan(Kok) 5, 8670 Koksijde, BelgiumKBO/BCE: BE 0460.686.751
Summary

DOBBELAERE CONSTRUCT has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,303 and a net result of -€2,099. Equity is shrinking by about 7.3% per year across the filed financial years. Its solvency ranks better than 95% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€4,303total assets 2025
Equity
€4,303
Loss
-€2,099
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts 1 day early1 deed in the Belgian Official Gazette
Why 86raises riskLoss of €2,099, the second in a row (financial year 2025)Liquidity: cash €133, halvedlowers riskSize: total assets €4,303Figures for financial year 2025 (filed 04-08-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Average
Solvency 100=
equity 100.0% of total assets
Liquidity 54-2
short-term debt 0.0% · cash 3.1%
Profitability 0-12
return on assets -48.8%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 91% on solvency, 63% on liquidity, 4% on profitability and 14% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €2,099, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €4,303
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: cash €133, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 04-08-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day late
2023
1 day early
2022
7 days early
2021
1 day early
2020
10 days late
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€2,099
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,099▼ 185%
2024 · -€737
Working capital
€4,303▼ 38.9%
2024 · €7,039
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,057 in 2025 against €713 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€2,057 2025 Net result-€2,099 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€452--€514▼ 13.9%-€511▲ 0.6%-€682▼ 33.4%-€535▲ 21.5%-€469▲ 12.3%-€713▼ 52.0%-€2,057▼ 188%
Net result-€482--€544▼ 13.0%-€559within the sector's middle half▼ 2.7%-€730within the sector's middle half▼ 30.5%-€583within the sector's middle half▲ 20.1%-€517within the sector's middle half▲ 11.3%-€737within the sector's middle half▼ 42.6%-€2,099within the sector's middle half▼ 185%
Equity€10,710-€10,166▼ 5.1%€9,607below the sector's middle half▼ 5.5%€8,877below the sector's middle half▼ 7.6%€8,294below the sector's middle half▼ 6.6%€7,777below the sector's middle half▼ 6.2%€7,039below the sector's middle half▼ 9.5%€4,303below the sector's middle half▼ 38.9%
Total assets€10,710-€10,166▼ 5.1%€9,607below the sector's middle half▼ 5.5%€8,877below the sector's middle half▼ 7.6%€8,406below the sector's middle half▼ 5.3%€7,777below the sector's middle half▼ 7.5%€7,165below the sector's middle half▼ 7.9%€4,303below the sector's middle half▼ 39.9%
Debt€112€126€0▼ 100%
Working capital€8,294within the sector's middle half€7,039within the sector's middle half€4,303within the sector's middle half▼ 38.9%
Solvency100.0%-100.0%=100.0%above the sector's middle half=100.0%above the sector's middle half=98.7%above the sector's middle half▼ 1.3pp100.0%above the sector's middle half▲ 1.3pp98.2%above the sector's middle half▼ 1.8pp
Current ratio75.05above the sector's middle half56.87above the sector's middle half
Return on assets (ROA)-4.5%--5.4%▼ 0.9pp-5.8%below the sector's middle half▼ 0.5pp-8.2%below the sector's middle half▼ 2.4pp-6.9%below the sector's middle half▲ 1.3pp-6.6%below the sector's middle half▲ 0.3pp-10.3%below the sector's middle half▼ 3.6pp
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€0▼
2024 · €126
Ratios withheld: a balance sheet total of €4,303 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,831 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 84.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.4% stopped otherwise
84.5% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 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 5,831 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 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€7,165€4,303▼
Current assets29/58€7,165€4,303▼
Amounts receivable within one year40/41€6,847€4,170▼
Trade receivables40€19-
Other amounts receivable41€6,828€4,170▼
Cash at bank and in hand54/58€318€133▼
Equity and liabilities
Total equity and liabilities10/49€7,165€4,303▼
Equity10/15€7,039€4,303▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€19,637€19,637=
Non-distributable reserves130/1€6,197€6,197=
Legal reserve130€6,197€6,197=
Distributable reserves133€13,440€13,440=
Profit (loss) carried forward14-€74,571-€77,307▼
Amounts payable17/49€126€0▼
Amounts payable within one year42/48€126€0▼
Trade debts44€126€0▼
Suppliers440/4€126€0▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€472€1,700▲
Other operating charges640/8€241€357▲
Gross operating margin9900-€472-€1,700▼
Operating profit (loss)9901-€713-€2,057▼
Financial charges65/66B€24€42▲
Recurring financial charges65€24€42▲
Profit (loss) for the period before taxes9903-€737-€2,099▼
Profit (loss) for the period9904-€737-€2,099▼
Profit (loss) for the period to be appropriated9905-€737-€2,099▼
Appropriation of the result
Profit (loss) to be appropriated9906-€74,571-€77,307▼
Profit (loss) brought forward from the previous period14P-€73,834-€75,208▼
Line20182019202020212022202320242025Change
Goods, raw materials, services and sundry goods60/61---€571€423€469€472€1,700▲ 260%
Other operating charges640/8---€111€112-€241€357▲ 48.1%
Gross operating margin9900-€347-€407-€402-€571-€423-€469-€472-€1,700▼ 260%
Operating profit (loss)9901-€452-€514-€511-€682-€535-€469-€713-€2,057▼ 188%
Financial charges65/66B---€48€48€48€24€42▲ 75.0%
Recurring financial charges65€30€30€48€48€48€48€24€42▲ 75.0%
Profit (loss) for the period before taxes9903-€482-€544-€559-€730-€583-€517-€737-€2,099▼ 185%
Profit (loss) for the period9904-€482-€544-€559-€730-€583-€517-€737-€2,099▼ 185%
Profit (loss) for the period to be appropriated9905-€482-€544-€559-€730-€583-€517-€737-€2,099▼ 185%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€10,710€10,166€9,607€8,877€8,406€7,777€7,165€4,303▼ 39.9%
Formation expenses20---€0-----
Fixed assets21/28---€0-----
Current assets29/58€10,710€10,166€9,607€8,877€8,406€7,777€7,165€4,303▼ 39.9%
Amounts receivable within one year40/41€19€1,098€2,176€3,221€4,343€5,570€6,847€4,170▼ 39.1%
Trade receivables40---€19€19€19€19--
Other amounts receivable41---€3,202€4,324€5,551€6,828€4,170▼ 38.9%
Cash at bank and in hand54/58€10,692€9,068€7,431€5,656€4,063€2,207€318€133▼ 58.2%
Equity and liabilities
Total equity and liabilities10/49€10,710€10,166€9,607€8,877€8,406€7,777€7,165€4,303▼ 39.9%
Equity10/15€10,710€10,166€9,607€8,877€8,294€7,777€7,039€4,303▼ 38.9%
Contributions10/11€61,973€61,973€61,973€61,973€61,973€61,973€61,973€61,973=
Capital10---€61,973€61,973€61,973€61,973€61,973=
Issued capital100---€61,973€61,973€61,973€61,973€61,973=
Revaluation surpluses12---€0-----
Reserves13€19,637€19,637€19,637€19,637€19,637€19,637€19,637€19,637=
Non-distributable reserves130/1---€6,197€6,197€6,197€6,197€6,197=
Legal reserve130---€6,197€6,197€6,197€6,197€6,197=
Distributable reserves133---€13,440€13,440€13,440€13,440€13,440=
Profit (loss) carried forward14-€70,900-€71,444-€72,003-€72,733-€73,316-€73,833-€74,571-€77,307▼ 3.7%
Investment grants15---€0-----
Advance to shareholders on the distribution of net assets19---€0-----
Amounts payable17/49----€112-€126€0▼ 100%
Amounts payable within one year42/48----€112-€126€0▼ 100%
Trade debts44----€112-€126€0▼ 100%
Suppliers440/4----€112-€126€0▼ 100%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€482-€544-€559-€730-€583-€517-€737-€2,099▼ 185%
Operating cash flow (approximation)-€482-€544-€559-€730-€583-€517-€737-€2,099▼ 185%
Change in cash--€1,624-€1,637-€1,775-€1,593-€1,856-€1,889-€185▲ 90.2%

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

Latest 10 of 28 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 30-07-2026 2026-00376667
31-12-2024 abbreviated format 01-08-2025 2025-00356566
31-12-2023 abbreviated format 30-07-2024 2024-00313939
31-12-2022 abbreviated format 24-07-2023 2023-00263452
31-12-2021 abbreviated format 30-07-2022 2022-20263291
31-12-2020 micro format 10-08-2021 2021-47600229
31-12-2019 micro format 11-08-2020 2020-40600095
31-12-2018 micro format 01-08-2019 2019-43400230
31-12-2017 micro format 31-07-2018 2018-41000554
31-12-2016 micro format 28-07-2017 2017-38400132

Show all 28 filings

Similar companies · same sector, comparable size

Of the 7,221 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,514. 1,297 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.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

DOBBELAERE CONSTRUCT was incorporated on 20 May 1997.1 Total assets fell from €10,710 in 2018 to €4,303 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Weakest financial yearnet -€2,099
Net result drops to -€2,099, the lowest in the series.
01-08
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 1 day late
2024
30-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
24-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
30-07
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
10-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 10 days late
2020
11-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 11 days late
2019
01-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 1 day late
2018
31-07
NBB filing Annual accounts filed
financial year 2017 · micro format
2017
28-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 28 annual accounts filed, the latest 10 are here; all 28 are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPublic limited company
Founded20-05-1997
Financial year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 1997
registered office establishment The establishment unit on the map
Ground area
393 m²
Building footprint
268 m²
Building volume
5,093 m³
Parcel 38014D0017/00H000, Flanders · tallest building 25.2 m. Linked by address, not a title deed.
1 establishment unit
DOBBELAERE CONSTRUCT NV
Oostendelaan(Kok) 5, 8670 KoksijdeRenting and operating of own or leased residential real estate, excluding social housing
since 1997unit no. 2.082.089.756
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
38014D0017/00H000 Flanders 393 m² 1 · 268 m² 25.2 m · 7
How the parcels are linked
Good to know
The parcel matches the address exactly.