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DQT

Active
Private limited companyfounded 20241 yr activeRue Bruyère de Virginal 102, 1460 Ittre, BelgiumKBO/BCE: BE 1015.672.647
Summary

The computed 12-month bankruptcy probability of DQT is 1.9% (moderate). The 2024 annual accounts show equity of €31,641 and a net result of €25,641. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability95
Solvency51
Growth-
Track record67
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.2; short-term debt: 51.8% and cash: 12.9% of total assets), and 74.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
25.8%
Return on assets
20.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 15-06-2026, 46 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
46 d early
2024
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 47 days before the deadline; 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

DQT was incorporated on 29 October 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€31,641
Total assets
€122,537
Net result
€25,641
Working capital
€12,983

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

Balance-sheet composition
Assets €121,637
Fixed assets €45,178
Current assets €76,459
Equity and liabilities €122,537
Equity €31,641
Debt €90,896
Debt finances 74.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€34,610
Cash flow
€26,803
Current ratio
1.20
Debt to equity
2.87
ROE
81.0%
ROA
20.9%
Interest coverage
230.73
Debt ≤ 1 year
€63,477
Debt > 1 year
€27,419
Income taxes
€7,657

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,338 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 2,390 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 · 2024 · 44 lines
Balance sheet Code2024
Assets
Total assets20/58€122,537
Formation expenses20€900
Fixed assets21/28€45,178
Tangible fixed assets22/27€45,178
Plant, machinery and equipment23€1,237
Furniture and vehicles24€43,940
Current assets29/58€76,459
Amounts receivable within one year40/41€58,918
Trade receivables40€45,556
Other amounts receivable41€13,361
Cash at bank and in hand54/58€15,812
Deferred charges and accrued income490/1€1,730
Equity and liabilities
Total equity and liabilities10/49€122,537
Equity10/15€31,641
Contributions10/11€6,000
Reserves13€25,000
Distributable reserves133€25,000
Profit (loss) carried forward14€641
Amounts payable17/49€90,896
Amounts payable after more than one year17€27,419
Financial debts170/4€27,419
Amounts payable within one year42/48€63,477
Current portion of amounts payable after more than one year42€6,125
Trade debts44€3,416
Suppliers440/4€3,416
Advances received on contracts in progress46€32,265
Taxes, remuneration and social security45€7,657
Taxes450/3€7,657
Other amounts payable47/48€14,015
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,162
Other operating charges640/8€413
Gross operating margin9900€35,023
Operating profit (loss)9901€33,448
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€150
Recurring financial charges65€150
Profit (loss) for the period before taxes9903€33,298
Income taxes67/77€7,657
Profit (loss) for the period9904€25,641
Profit (loss) for the period to be appropriated9905€25,641
Appropriation of the result
Profit (loss) to be appropriated9906€25,641
Transfer to equity691/2€25,000
To other reserves6921€25,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,162
Other operating charges640/8€413
Gross operating margin9900€35,023
Operating profit (loss)9901€33,448
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€150
Recurring financial charges65€150
Profit (loss) for the period before taxes9903€33,298
Income taxes67/77€7,657
Profit (loss) for the period9904€25,641
Profit (loss) for the period to be appropriated9905€25,641
Line2024
Assets
Total assets20/58€122,537
Formation expenses20€900
Fixed assets21/28€45,178
Tangible fixed assets22/27€45,178
Plant, machinery and equipment23€1,237
Furniture and vehicles24€43,940
Current assets29/58€76,459
Amounts receivable within one year40/41€58,918
Trade receivables40€45,556
Other amounts receivable41€13,361
Cash at bank and in hand54/58€15,812
Deferred charges and accrued income490/1€1,730
Equity and liabilities
Total equity and liabilities10/49€122,537
Equity10/15€31,641
Contributions10/11€6,000
Reserves13€25,000
Distributable reserves133€25,000
Profit (loss) carried forward14€641
Amounts payable17/49€90,896
Amounts payable after more than one year17€27,419
Financial debts170/4€27,419
Amounts payable within one year42/48€63,477
Current portion of amounts payable after more than one year42€6,125
Trade debts44€3,416
Suppliers440/4€3,416
Advances received on contracts in progress46€32,265
Taxes, remuneration and social security45€7,657
Taxes450/3€7,657
Other amounts payable47/48€14,015
Line2024
Profit (loss) for the period9904€25,641
+ Depreciation and write-downs630€1,162
Operating cash flow (approximation)€26,803

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
14-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Ittre · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
835 m²
Building footprint
146 m²
Volume, LiDAR
565 m³
Parcel 25108B0157/00P002, Wallonia · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue Bruyère de Virginal 102, 1460 Ittre
Civil engineering
since 20242.368.401.983
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25108B0157/00P002 Wallonia 835 m² 1 · 146 m² 6.1 m · 1 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.

Similar companies · same sector, comparable size

Of 7,044 companies in sector 43221 we hold annual accounts for 3,477. 2,765 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
Founded29-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015672647
Registered 27-03-2026

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

Register as of 29 September 2026 · Peppol Directory

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