doggenconstruct
ActiveSummary
doggenconstruct has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107,377 and a net result of -€3,598. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 9976 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability66▼-16
Solvency86▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.04 in 2023; short-term debt: 18.4% and cash: 9.7% of total assets), and 39.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
60.5%
Return on assets
-2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
40 d early
2022
34 d early
2021
37 d early
2020
23 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€107,377▼ 3.2%
2023 · €110,975
Total assets
€177,440▼ 13.8%
2023 · €205,931
Net result
-€3,598
2023 · €22,369
Working capital
€39,454▲ 2.9%
2023 · €38,330
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€5,099▼ 76.1%€23,515▲ 361%€18,828▼ 19.9%€32,072▲ 70.3%-€1,585
Net result€3,486▼ 78.8%€15,049▲ 332%€15,724▲ 4.5%€22,369▲ 42.3%-€3,598
Equity€75,820▼ 17.1%€81,354▲ 7.3%€92,064▲ 13.2%€110,975▲ 20.5%€107,377▼ 3.2%
Total assets€125,048▼ 7.4%€116,817▼ 6.6%€201,001▲ 72.1%€205,931▲ 2.5%€177,440▼ 13.8%
Debt€49,228▲ 12.9%€35,463▼ 28.0%€108,936▲ 207%€94,956▼ 12.8%€70,063▼ 26.2%
Working capital€45,461▼ 26.7%€56,711▲ 24.7%€8,976▼ 84.2%€38,330▲ 327%€39,454▲ 2.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €1,585 after €32,072 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €177,440
Fixed assets
€105,297 ▼ 19.6%
Current assets
€72,143 ▼ 3.8%
Equity and liabilities €177,440
Equity
€107,377 ▼ 3.2%
Debt
€70,063 ▼ 26.2%
Debt's share of the balance-sheet total falls from 46.1% to 39.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€36,635▼
2023 · €68,535
Cash flow
€34,623▼
2023 · €58,832
Current ratio
2.21▲
2023 · 2.04
Debt to equity
0.65▼
2023 · 0.86
ROE
-3.4%▼
2023 · 20.2%
ROA
-2.0%▼
2023 · 10.9%
Interest coverage
17.84▼
2023 · 26.13
Debt ≤ 1 year
€32,689▼
2023 · €36,696
Debt > 1 year
€37,374▼
2023 · €57,490
Income taxes
€169▼
2023 · €7,151
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,210 | €18,249 | €26,416 | €36,463 | €38,220 | ▲ 4.8% |
| Other operating charges640/8 | - | €1,192 | €1,162 | €1,054 | €1,048 | ▼ 0.5% |
| Gross operating margin9900 | €24,201 | €42,957 | €46,405 | €69,588 | €37,683 | ▼ 45.8% |
| Operating profit (loss)9901 | €5,099 | €23,515 | €18,828 | €32,072 | -€1,585 | ▼ 105% |
| Financial income75/76B | - | - | - | €71 | €210 | ▲ 197% |
| Recurring financial income75 | - | - | - | €71 | €210 | ▲ 197% |
| Financial charges65/66B | - | €815 | €1,532 | €2,623 | €2,054 | ▼ 21.7% |
| Recurring financial charges65 | €435 | €815 | €1,532 | €2,623 | €2,054 | ▼ 21.7% |
| Profit (loss) for the period before taxes9903 | €4,663 | €22,700 | €17,296 | €29,520 | -€3,429 | ▼ 112% |
| Income taxes67/77 | €1,177 | €7,651 | €1,572 | €7,151 | €169 | ▼ 97.6% |
| Profit (loss) for the period9904 | €3,486 | €15,049 | €15,724 | €22,369 | -€3,598 | ▼ 116% |
| Profit (loss) for the period to be appropriated9905 | €3,486 | €15,049 | €15,724 | €22,369 | -€3,598 | ▼ 116% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,048 | €116,817 | €201,001 | €205,931 | €177,440 | ▼ 13.8% |
| Fixed assets21/28 | €43,823 | €26,262 | €160,836 | €130,905 | €105,297 | ▼ 19.6% |
| Tangible fixed assets22/27 | €43,323 | €26,262 | €160,836 | €130,905 | €105,297 | ▼ 19.6% |
| Plant, machinery and equipment23 | - | - | €49,973 | €45,198 | €44,114 | ▼ 2.4% |
| Furniture and vehicles24 | - | €22,075 | €7,185 | €4,327 | €2,101 | ▼ 51.4% |
| Leasing and similar rights25 | - | - | €100,188 | €78,588 | €56,988 | ▼ 27.5% |
| Other tangible fixed assets26 | - | €4,188 | €3,490 | €2,792 | €2,094 | ▼ 25.0% |
| Financial fixed assets28 | €500 | - | - | - | - | - |
| Current assets29/58 | €81,225 | €90,554 | €40,165 | €75,026 | €72,143 | ▼ 3.8% |
| Amounts receivable within one year40/41 | €62,421 | €73,794 | €15,607 | €27,658 | €27,319 | ▼ 1.2% |
| Trade receivables40 | - | €10,095 | - | €14,762 | €27,310 | ▲ 85.0% |
| Other amounts receivable41 | - | €63,699 | €15,607 | €12,896 | €9 | ▼ 99.9% |
| Current investments50/53 | - | - | - | - | €25,200 | - |
| Cash at bank and in hand54/58 | €17,099 | €14,777 | €21,680 | €42,913 | €17,156 | ▼ 60.0% |
| Deferred charges and accrued income490/1 | - | €1,983 | €2,878 | €4,455 | €2,468 | ▼ 44.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,048 | €116,817 | €201,001 | €205,931 | €177,440 | ▼ 13.8% |
| Equity10/15 | €75,820 | €81,354 | €92,064 | €110,975 | €107,377 | ▼ 3.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €39,802 | €45,335 | €56,046 | €74,956 | €74,956 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €43,475 | €54,186 | €74,956 | €74,956 | = |
| Profit (loss) carried forward14 | €29,819 | €29,819 | €29,819 | €29,819 | €26,221 | ▼ 12.1% |
| Amounts payable17/49 | €49,228 | €35,463 | €108,936 | €94,956 | €70,063 | ▼ 26.2% |
| Amounts payable after more than one year17 | €12,842 | €993 | €77,038 | €57,490 | €37,374 | ▼ 35.0% |
| Financial debts170/4 | - | €993 | €77,038 | €57,490 | €37,374 | ▼ 35.0% |
| Amounts payable within one year42/48 | €35,763 | €33,844 | €31,189 | €36,696 | €32,689 | ▼ 10.9% |
| Current portion of amounts payable after more than one year42 | - | €11,848 | €19,988 | €19,547 | €20,116 | ▲ 2.9% |
| Trade debts44 | €2,949 | €2,440 | €3,138 | €4,510 | €215 | ▼ 95.2% |
| Suppliers440/4 | - | €2,440 | €3,138 | €4,510 | €215 | ▼ 95.2% |
| Taxes, remuneration and social security45 | - | €10,040 | €1,572 | €9,179 | €7,880 | ▼ 14.2% |
| Taxes450/3 | - | €10,040 | €1,572 | €9,179 | €7,880 | ▼ 14.2% |
| Other amounts payable47/48 | - | €9,515 | €6,491 | €3,459 | €4,479 | ▲ 29.5% |
| Accrued charges and deferred income492/3 | - | €626 | €710 | €770 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,486 | €15,049 | €15,724 | €22,369 | -€3,598 | ▼ 116% |
| + Depreciation and write-downs630 | €18,210 | €18,249 | €26,416 | €36,463 | €38,220 | ▲ 4.8% |
| Operating cash flow (approximation) | €21,697 | €33,298 | €42,140 | €58,832 | €34,623 | ▼ 41.2% |
| Investment in fixed assets (approximation) | - | -€688 | -€160,990 | -€6,532 | -€12,612 | ▼ 93.1% |
| Change in cash | - | -€2,322 | €6,904 | €21,232 | -€25,756 | ▼ 221% |
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
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€3,598
Net result drops to -€3,598, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €22,369 ▲42.3%
Operating result €32,072, net result €22,369, both a record.
31-12
Financial
Equity above €100,000Eq €110,975 ▲20.5%
6 profitable years in a row build equity to €110,975.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lummen · 1 establishment unit since 2001
Ground area
1,309 m²
Building footprint
123 m²
Parcel 71035A0495/00K000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Doggenconstruct
since 20012.116.644.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71035A0495/00K000 | Flanders | 1,309 m² | 1 · 122 m² | - |
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 29,787 companies in sector 41001 we hold annual accounts for 16,039. 13,050 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
Founded26-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.