Equity
-€7,522
Debts exceed assets in financial year 2025.
Dplus Projects
Lifetime
3 annual accounts with figures on one time axispeak -€66 (2025)
-€66
lowest -€6,483 (2023)
-€5,552▼ €64
peak €3,517 (2023)
-€7,522▼ €5,552
€120,444▲ 4.8%
Board1 name since 2023
1 directorDEKENS Thierry Albert Jean Noël
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Loss of €5,552Equity from -€1,971 to -€7,522
Key points
from the 2025 annual accountsLosses
-€17,522 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€120,444 107% of the balance sheet
Filings
3 annual accounts 3 late
The 2025 accounts came latest: 60 days after the end of the period.
At the same address
101 companies
Position in the sector
-6.7%
Lower solvency than 88% of companies in real estate. Sector median 30.7% · 11,299 companies.
Turnover not published (abbreviated or micro format)
Checked score
51
Fair
Financially stronger than 11% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.7%▲ +0.1 percentage points vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.7%● unchanged vs 04-2025
06-2025: 1.7%● unchanged vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 2.3%▲ +0.6 percentage points vs 07-2025
09-2025: 1.7%▼ -0.6 percentage points vs 08-2025
10-2025: 1.7%● unchanged vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.6%▼ -0.1 percentage points vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026lowest value
07-2026: 1.6%● unchanged vs 06-2026
08-2026: 2.1%▲ +0.5 percentage points vs 07-2026
09-2026: 2.4%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 2.1%▼ -0.3 percentage points vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.94, cash €306
lowers risk
Sector: Real estate activities (NACE 68)
Size: total assets €112,921
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 68, micro). It does better than 15% of them on solvency, 3% on liquidity, 23% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as Dplus Projects has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Dplus Projects itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,555 companies, not a prediction for Dplus Projects. 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.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.94 (0.98 in 2024), below 1. Short-term debt is 106.7% and cash 0.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€7,522
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
60 days late
2024
26 days late
2023
58 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 48 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 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 28 September (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801875838
First establishment
Livornostraat 7, Sint-Gillis (bij-Brussel)
Incorporation
Founding capital of €10,000, 1,000 shares · Founder: DEKENS Thierry Albert Jean Noël (comparant) · Appointment: DEKENS Thierry Albert Jean Noël (director) · published on 22-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Dplus Projects Sint-Gillis (bij-Brussel) | €112,921 | -€66 | -6.7% | - |
| ARDEA Woluwe-Saint-Lambert | €147,230 | -€415,316 | -555.6% | - |
| NEXT DAY CAPITAL FIFTEEN Ixelles | €115,065 | -€9,586 | -28.2% | - |
| SLS Immo Conception Leuze-en-Hainaut | €106,365 | -€9,912 | -79.1% | - |
| IMMO MOREAU Wavre | €115,368 | -€66 | -1.6% | - |
| ISHI Lokeren | €92,824 | -€1,906 | 100.0% | - |
| APK Invest Boortmeerbeek | €96,257 | -€8,681 | 94.7% | - |
These companies have the same main activity as Dplus Projects: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €92,800 and €147,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 17-05-2023Normal situation
- Registered office
- 103 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Development of residential building projectsNACE 68121and 4 others
- Establishment unit
- 2.345.549.9711060 Sint-Gillis (bij-Brussel), since 05-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-07-2025
Insights on Dplus Projects
The computed 12-month bankruptcy probability of Dplus Projects is 2.1% (moderate). The 2025 annual accounts show negative equity (-€7,522) and a net result of -€5,552.
Equity has been shrinking by about 157% per year since 2023. Its solvency ranks better than 12% of 11,299 sector peers (NACE 68, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Dplus Projects
- What is the company number of Dplus Projects?
- The company number of Dplus Projects is 0801.875.838. The VAT number is the same number with BE in front: BE 0801.875.838.
- Where is Dplus Projects based?
- The registered office is at Livornostraat 7, 1060 Sint-Gillis (bij-Brussel).Company details
- What does Dplus Projects do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of Dplus Projects?
- Dplus Projects is a private limited company (BV).
- When was Dplus Projects founded?
- Dplus Projects was founded on 17-05-2023.
- Is Dplus Projects still active?
- Yes, Dplus Projects is an active enterprise in the KBO register.
- What is the turnover of Dplus Projects?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is Dplus Projects profitable?
- In financial year 2025, Dplus Projects made a loss of €5,552.
- Where can I find the annual accounts of Dplus Projects?
- Dplus Projects filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Dplus Projects due?
- Dplus Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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