DREDGING & CONTRACTING BELGIUM
ActiveSummary
DREDGING & CONTRACTING BELGIUM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €383k and a net result of €23k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 84% of 493 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-2
Solvency96▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 2.77 in 2023; short-term debt: 29.3% and cash: 4.8% of total assets), and 29.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €383k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
300 d late
2022
666 d late
2021
1031 d late
2020
8 d early
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€383k▲ 6.4%
2023 · €360k
2018: €331k
2019: €331k
2020: €329k
2021: €328k
2022: €331k
2023: €360k
2018 → 2024
Total assets
€541k▼ 3.8%
2023 · €562k
2018: €789k
2019: €517k
2020: €512k
2021: €494k
2022: €631k
2023: €562k
2018 → 2024
Net result
€23k▼ 19.3%
2023 · €29k
2018: €-664
2019: €-270
2020: €-2k
2021: €-704
2022: €3k
2023: €29k
2018 → 2024
Working capital
€383k▲ 6.4%
2023 · €360k
2018: €331k
2019: €331k
2020: €329k
2021: €328k
2022: €331k
2023: €360k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€329k-€328k▼ 0.2%€331k▲ 0.8%€360k▲ 8.7%€383k▲ 6.4%
Operating result€4k-€7k▲ 66.6%€11k▲ 56.2%€37k▲ 232%€27k▼ 27.2%
Net result€-2k-€-704▲ 66.1%€3k€29k▲ 1,022%€23k▼ 19.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €541k
Equity
€383k ▲ 6.4%
Debt
€158k ▼ 21.9%
Debt's share of the balance-sheet total falls from 36.0% to 29.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.42▲
2023 · 2.77
Debt to equity
0.41▼
2023 · 0.56
ROE
6.0%▼
2023 · 8.0%
ROA
4.3%▼
2023 · 5.1%
Debt ≤ 1 year
€158k▼
2023 · €203k
Income taxes
€12k▼
2023 · €14k
Staff costs
€1.13M▼
2023 · €1.36M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€562k€541k▼
Current assets29/58€562k€541k▼
Amounts receivable after more than one year29€247k€312k▲
Other amounts receivable291€247k€312k▲
Amounts receivable within one year40/41€287k€198k▼
Trade receivables40€286k€196k▼
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€24k€26k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€562k€541k▼
Equity10/15€360k€383k▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€400k€400k=
Uncalled capital101€100k€100k=
Reserves13€40k€40k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Profit (loss) carried forward14€20k€43k▲
Amounts payable17/49€203k€158k▼
Amounts payable within one year42/48€203k€158k▼
Trade debts44€53k€25k▼
Suppliers440/4€53k€25k▼
Taxes, remuneration and social security45€150k€133k▼
Taxes450/3€14k€12k▼
Remuneration and social security454/9€135k€121k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1.36M€1.13M▼
Other operating charges640/8€384€397▲
Gross operating margin9900€1.40M€1.16M▼
Operating profit (loss)9901€37k€27k▼
Financial income75/76B€9k€8k▼
Recurring financial income75€9k€8k▼
Financial charges65/66B€3k€836▼
Recurring financial charges65€3k€836▼
Profit (loss) for the period before taxes9903€43k€35k▼
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€29k€23k▼
Profit (loss) for the period to be appropriated9905€29k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€43k▲
Profit (loss) brought forward from the previous period14P€-9k€20k▲
Social balance
Average headcount (FTE)90873.82.3▼
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 300 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 666 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1031 days late
2023
31-12
Financial
Highest result since 2018net €29k ▲1022%
Operating result €37k, net result €29k, both a record.
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 4 loss-making years.
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 117 days late
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 483 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Overijse · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Terhulpensesteenweg 4493090 OverijseGround area
461 m²
Building footprint
289 m²
Volume, LiDAR
2,427 m³
Parcel 23543I0188/00E003, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Dredging & Contracting Belgium NV
since 20042.138.994.609
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543I0188/00E003 | Flanders | 460 m² | 1 · 288 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
LIQNUM
BE 0862.072.751
Waasmunster · Eq €410k
STEICON PLUS
BE 0568.509.278
Eeklo · Eq €345k
J.M.S.CONSTRUCT
BE 0871.486.701
Wichelen · Eq €330k
Fluvio-Labor
BE 0400.087.782
Beveren-Kruibeke-Zwijndrecht · Eq €319k
D.P.E.DIVING
BE 0867.867.215
Thuin · Eq €308k
Of 194 companies in sector 42919 we hold annual accounts for 81. 54 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
42911Civil engineering
42919Civil engineering
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.