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DR3 BUILD

Active
Private limited companyfounded 20197 yrs activeOudstrijderslei 30, 2930 Brasschaat, BelgiumKBO/BCE: BE 0718.893.724
Summary

The computed 12-month bankruptcy probability of DR3 BUILD is 1.6% (moderate). The 2025 annual accounts show equity of €95,639 and a net result of €62,008. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 9354 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2025
Axes · tick = 2024
Profitability45▲+3
Solvency30▲+4
Growth78=
Track record92
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.01 in 2024; short-term debt: 95.3% and cash: 0.9% of total assets), and 95.3% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
4.7%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9354 sector peers (2025).
NBB · sector comparison
Position among 9354 sector peers
Solvency
better than 23%
← weakest strongest →
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 09-07-2026, 22 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
22 d early
2024
15 d early
2023
68 d late
2022
on the day
2021
on the day
2020
31 d late
2019
92 d 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 22 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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. Usually files around 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline

History

DR3 BUILD was incorporated on 18 January 2019.1 Total assets rose from EUR 1.4 million in 2019 to EUR 2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€95,639▲ 184%
2024 · €33,631
Total assets
€2.0m▼ 28.9%
2024 · €2.8m
Net result
€62,008▲ 33.4%
2024 · €46,467
Working capital
€95,639▲ 184%
2024 · €33,631
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€17,703-€4,003-€32,970▼ 724%€53,986€80,701▲ 49.5%
Net result€15,119within the sector's middle half-€3,257within the sector's middle half-€31,879below the sector's middle half▼ 879%€46,467within the sector's middle half€62,008within the sector's middle half▲ 33.4%
Equity€22,300within the sector's middle half▲ 211%€19,042within the sector's middle half▼ 14.6%-€12,836below the sector's middle half€33,631below the sector's middle half€95,639within the sector's middle half▲ 184%
Total assets€343,771within the sector's middle half▼ 85.0%€34,532below the sector's middle half▼ 90.0%€222,455within the sector's middle half▲ 544%€2.8mwithin the sector's middle half▲ 1,177%€2.0mwithin the sector's middle half▼ 28.9%
Debt€321,471▼ 85.9%€15,489▼ 95.2%€235,291▲ 1,419%€2.8m▲ 1,093%€1.9m▼ 31.5%
Working capital€36,313within the sector's middle half▲ 111%€31,270within the sector's middle half▼ 13.9%-€12,836within the sector's middle half€33,631within the sector's middle half€95,639within the sector's middle half▲ 184%
Solvency6.5%within the sector's middle half▲ 6.2pp55.1%within the sector's middle half▲ 48.7pp-5.8%below the sector's middle half▼ 60.9pp1.2%below the sector's middle half▲ 7.0pp4.7%below the sector's middle half▲ 3.6pp
Current ratio1.12within the sector's middle half▲ 0.1110.59above the sector's middle half▲ 9.470.95within the sector's middle half▼ 9.641.01within the sector's middle half▲ 0.071.05within the sector's middle half▲ 0.04
Return on assets (ROA)4.4%within the sector's middle half▲ 4.7pp-9.4%below the sector's middle half▼ 13.8pp-14.3%below the sector's middle half▼ 4.9pp1.6%within the sector's middle half▲ 16.0pp3.1%within the sector's middle half▲ 1.4pp
Staff (FTE)0.7within the sector's middle half0within the sector's middle half▼ 100%
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2021: €17,703€17,703Net result 2021: €15,119€15,119Operating result 2022: -€4,003-€4,003Net result 2022: -€3,257-€3,257Operating result 2023: -€32,970-€32,970Net result 2023: -€31,879-€31,879Operating result 2024: €53,986€53,986Net result 2024: €46,467€46,467Operating result 2025: €80,701€80,701Net result 2025: €62,008€62,00820212022202320242025-€50,000€0€50,000€100,000Operating result 2023: -€32,970-€33,000Net result 2023: -€31,879-€31,900Operating result 2024: €53,986€54,000Net result 2024: €46,467€46,500Operating result 2025: €80,701€80,700Net result 2025: €62,008€62,000202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 49% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.0m
Equity €95,639 ▲ 184%
Debt €1.9m ▼ 31.5%
Debt's share of the balance-sheet total falls from 98.8% to 95.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
1.00▼
2024 · 1.01
Debt to equity
20.11▼
2024 · 83.48
ROE
64.8%▼
2024 · 138.2%
Debt ≤ 1 year
€1.9m▼
2024 · €2.8m
Income taxes
€22,578▲
2024 · €7,335
Staff costs
€13▼
2024 · €19,564
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
96% still going

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

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,340 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% 1.8%
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% 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 1,603 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.8m€2.0m▼
Current assets29/58€2.8m€2.0m▼
Stocks and contracts in progress3€3,728€93,860▲
Contracts in progress37€3,728€93,860▲
Amounts receivable within one year40/41€2.7m€1.9m▼
Trade receivables40€2.7m€1.8m▼
Other amounts receivable41€39,142€75,776▲
Cash at bank and in hand54/58€86,863€18,487▼
Deferred charges and accrued income490/1€23,098€22,884▼
Equity and liabilities
Total equity and liabilities10/49€2.8m€2.0m▼
Equity10/15€33,631€95,639▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€15,031€77,039▲
Amounts payable17/49€2.8m€1.9m▼
Amounts payable within one year42/48€2.8m€1.9m▼
Trade debts44€2.2m€595,656▼
Suppliers440/4€2.2m€595,656▼
Taxes, remuneration and social security45€7,335€29,913▲
Taxes450/3€7,335€29,913▲
Remuneration and social security454/9€0-
Other amounts payable47/48€597,089€1.3m▲
Income statement Code20242025
Remuneration, social security and pensions62€19,564€13▼
Other operating charges640/8€1,112€1,888▲
Non-recurring operating charges66A-€5,728
Gross operating margin9900€74,662€88,330▲
Operating profit (loss)9901€53,986€80,701▲
Financial income75/76B€0€5,800▲
Recurring financial income75€0€5,800▲
Financial charges65/66B€184€1,915▲
Recurring financial charges65€184€1,915▲
Profit (loss) for the period before taxes9903€53,802€84,586▲
Income taxes67/77€7,335€22,578▲
Profit (loss) for the period9904€46,467€62,008▲
Profit (loss) for the period to be appropriated9905€46,467€62,008▲
Appropriation of the result
Profit (loss) to be appropriated9906€15,031€77,039▲
Profit (loss) brought forward from the previous period14P-€31,436€15,031▲
Social balance
Average headcount (FTE)90870.70.0▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€300-----
Remuneration, social security and pensions62--€13,151€19,564€13▼ 99.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€299-----
Other operating charges640/8€70€102€1,850€1,112€1,888▲ 69.9%
Non-recurring operating charges66A----€5,728-
Gross operating margin9900€18,073-€3,901-€17,970€74,662€88,330▲ 18.3%
Operating profit (loss)9901€17,703-€4,003-€32,970€53,986€80,701▲ 49.5%
Financial income75/76B€1,428€1,827€1,640€0€5,800-
Recurring financial income75€1,428€1,827€1,640€0€5,800-
Financial charges65/66B€2,312€1,655€549€184€1,915▲ 939%
Recurring financial charges65€2,312€1,655€549€184€1,915▲ 939%
Profit (loss) for the period before taxes9903€16,819-€3,830-€31,879€53,802€84,586▲ 57.2%
Income taxes67/77€1,700-€573€0€7,335€22,578▲ 208%
Profit (loss) for the period9904€15,119-€3,257-€31,879€46,467€62,008▲ 33.4%
Profit (loss) for the period to be appropriated9905€15,119-€3,257-€31,879€46,467€62,008▲ 33.4%
Line20212022202320242025Change
Assets
Total assets20/58€343,771€34,532€222,455€2.8m€2.0m▼ 28.9%
Current assets29/58€343,771€34,532€222,455€2.8m€2.0m▼ 28.9%
Stocks and contracts in progress3--€89,470€3,728€93,860▲ 2,418%
Contracts in progress37--€89,470€3,728€93,860▲ 2,418%
Amounts receivable within one year40/41€340,120€29,557€104,171€2.7m€1.9m▼ 30.9%
Trade receivables40€229,235€3,116€78,406€2.7m€1.8m▼ 32.7%
Other amounts receivable41€110,885€26,441€25,765€39,142€75,776▲ 93.6%
Cash at bank and in hand54/58€2,223€1,719€5,716€86,863€18,487▼ 78.7%
Deferred charges and accrued income490/1€1,428€3,255€23,098€23,098€22,884▼ 0.9%
Equity and liabilities
Total equity and liabilities10/49€343,771€34,532€222,455€2.8m€2.0m▼ 28.9%
Equity10/15€22,300€19,042-€12,836€33,631€95,639▲ 184%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14€3,700€442-€31,436€15,031€77,039▲ 413%
Amounts payable17/49€321,471€15,489€235,291€2.8m€1.9m▼ 31.5%
Amounts payable within one year42/48€307,458€3,261€235,291€2.8m€1.9m▼ 31.5%
Financial debts43€98,800-----
Other loans439€98,800-----
Trade debts44€206,869€2,046€104,034€2.2m€595,656▼ 73.0%
Suppliers440/4€206,869€2,046€104,034€2.2m€595,656▼ 73.0%
Taxes, remuneration and social security45€1,700€1,127€2,169€7,335€29,913▲ 308%
Taxes450/3€1,700€1,127€22€7,335€29,913▲ 308%
Remuneration and social security454/9--€2,147€0--
Other amounts payable47/48€89€89€129,089€597,089€1.3m▲ 117%
Accrued charges and deferred income492/3€14,013€12,228€0---
Line20212022202320242025Change
Profit (loss) for the period9904€15,119-€3,257-€31,879€46,467€62,008▲ 33.4%
+ Depreciation and write-downs630€299-----
Operating cash flow (approximation)€15,418-€3,257-€31,879€46,467€62,008▲ 33.4%
Change in cash--€504€3,997€81,147-€68,376▼ 184%

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
09-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2019net €62,008 ▲33.4%
Operating result €80,701, net result €62,008, both a record.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
17-01
KBO administration Address struck
2024
31-12
Financial Back to profitnet €46,467
Net result €46,467 after 2 loss-making years.
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial Weakest financial yearnet -€31,879
Net result drops to -€31,879, the lowest in the series; recovery starts the following year.
31-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity times 9current ratio 10.59
Current ratio from 1.12 to 10.59; short-term debt falls from €307,458 to €3,261.
31-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €15,119
Net result €15,119 after 2 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Brasschaat · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
4,865 m²
Building footprint
422 m²
Parcel 11322E0303/00C003, Flanders. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
DR3 BUILD
Oudstrijderslei 30, 2930 BrasschaatReal estate development
since 20192.284.383.256
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0303/00C003 Flanders 4,865 m² 1 · 422 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,696 companies in sector 68121 we hold annual accounts for 7,393. 5,301 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
Founded18-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0718893724
Also 9925:BE0718893724
Registered 04-03-2025

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

Register as of 30 September 2026 · Peppol Directory

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