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DRK-CONSTRUCT

Active
Private limited companyfounded 2019active for 7 yearsDoornstraat 62, 9260 Wichelen, BelgiumKBO/BCE: BE 0729.873.233
Summary

The computed 12-month bankruptcy probability of DRK-CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show equity of €192,848 and a net result of €27,811. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 27% of 34,483 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Site preparation
NACE 43120
1 site
Size
€740,281total assets 2025
Equity
€192,848
Profit
€27,811
Turnover not published (micro format)
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Accounts filed 28 days late2 of 3 deeds read
Why 51raises riskLiquidity: current ratio 0.79, cash €1,326, halvedLatest accounts 28 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €740,281Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 51-20
equity 26.1% of total assets
Liquidity 28-33
short-term debt 45.8% · cash 0.2%
Profitability 73-26
return on assets 3.8%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,580 companies, NACE 43, micro)
Last 24 months 11-2024: 2.6% 12-2024: 2.7%▲ +0.1 percentage points vs 11-2024 01-2025: 3.7%▲ +1.0 percentage point vs 12-2024highest value 02-2025: 0.8%▼ -2.9 percentage points vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025lowest value 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.9%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▼ -0.1 percentage points vs 09-2025 11-2025: 1.1%▲ +0.3 percentage points vs 10-2025 12-2025: 1.3%▲ +0.2 percentage points vs 11-2025 01-2026: 2.1%▲ +0.8 percentage points vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.0%▼ -0.1 percentage points vs 06-2026 08-2026: 2.0%● unchanged vs 07-2026 09-2026: 2.1%▲ +0.1 percentage points vs 08-2026 10-2026: 2.3%▲ +0.2 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.79, compared with 1.7 in 2024, below 1; short-term debt: 45.8% and cash: 0.2% of total assets), and 73.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 27% on solvency, 17% on liquidity, 45% on profitability and 12% on growth.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.79, cash €1,326, halved
NBB · annual accounts
lowers risk · Size: total assets €740,281
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Latest accounts 28 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 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 · 5 filings
Deviation from the deadline
2025
28 days late
2024
67 days late
2023
24 days late
2022
55 days late
2021
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 37 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 28 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end19-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Gill De Craecker (director)Director discharge
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00574150.

Equity
€192,848▼ 37.2%
2024 · €307,158
Total assets
€740,281▲ 10.9%
2024 · €667,356
Net result
€27,811▼ 82.9%
2024 · €162,537
Working capital
-€71,043
2024 · €140,091
Trend over the years

2021 to 2025, 5 financial years

The operating result falls in 2025; 2025 is 79% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€46,206 2025 Net result€27,811 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€48,408-€92,888▲ 91.9%€28,653▼ 69.2%€221,422▲ 673%€46,206▼ 79.1%
Net result€41,606above the sector's middle half-€77,099above the sector's middle half▲ 85.3%€23,417within the sector's middle half▼ 69.6%€162,537above the sector's middle half▲ 594%€27,811within the sector's middle half▼ 82.9%
Equity€44,106within the sector's middle half-€121,204within the sector's middle half▲ 175%€144,621above the sector's middle half▲ 19.3%€307,158above the sector's middle half▲ 112%€192,848above the sector's middle half▼ 37.2%
Total assets€148,435within the sector's middle half-€366,313above the sector's middle half▲ 147%€387,569above the sector's middle half▲ 5.8%€667,356above the sector's middle half▲ 72.2%€740,281above the sector's middle half▲ 10.9%
Debt€104,330-€245,109▲ 135%€242,947▼ 0.9%€360,198▲ 48.3%€547,433▲ 52.0%
Working capital-€2,027below the sector's middle half-€25,890within the sector's middle half€28,839within the sector's middle half▲ 11.4%€140,091above the sector's middle half▲ 386%-€71,043below the sector's middle half
Solvency29.7%within the sector's middle half-33.1%within the sector's middle half▲ 3.4pp37.3%within the sector's middle half▲ 4.2pp46.0%within the sector's middle half▲ 8.7pp26.1%within the sector's middle half▼ 20.0pp
Current ratio0.96below the sector's middle half-1.21within the sector's middle half▲ 0.241.34within the sector's middle half▲ 0.141.70within the sector's middle half▲ 0.350.79below the sector's middle half▼ 0.91
Return on assets (ROA)28.0%above the sector's middle half-21.0%above the sector's middle half▼ 7.0pp6.0%within the sector's middle half▼ 15.0pp24.4%above the sector's middle half▲ 18.3pp3.8%within the sector's middle half▼ 20.6pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €740,281
Fixed assets €472,417 ▲ 44.9%
Current assets €267,864 ▼ 21.5%
Equity and liabilities €740,281
Equity €192,848 ▼ 37.2%
Debt €547,433 ▲ 52.0%
Debt's share of the balance-sheet total rises from 54.0% to 73.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€180,451▼
2024 · €299,852
Cash flow
€162,057▼
2024 · €240,968
Debt to equity
2.84▲
2024 · 1.17
ROE
14.4%▼
2024 · 52.9%
Interest coverage
13.21▼
2024 · 37.30
Debt ≤ 1 year
€338,906▲
2024 · €201,304
Debt > 1 year
€208,527▲
2024 · €158,656
Income taxes
€4,746▼
2024 · €50,857
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.4% stopped otherwise
96.5% 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 2.3% 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 497,472 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 74.5% 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 2,372 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 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€667,356€740,281▲
Fixed assets21/28€325,961€472,417▲
Tangible fixed assets22/27€325,261€471,582▲
Land and buildings22€1,968€1,752▼
Plant, machinery and equipment23€110,262€151,127▲
Furniture and vehicles24€213,032€231,941▲
Leasing and similar rights25-€86,763
Financial fixed assets28€700€835▲
Current assets29/58€341,395€267,864▼
Amounts receivable within one year40/41€208,918€250,596▲
Trade receivables40€186,291€219,242▲
Other amounts receivable41€22,628€31,354▲
Cash at bank and in hand54/58€125,404€1,326▼
Deferred charges and accrued income490/1€7,073€15,942▲
Equity and liabilities
Total equity and liabilities10/49€667,356€740,281▲
Equity10/15€307,158€192,848▼
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€304,658€190,348▼
Amounts payable17/49€360,198€547,433▲
Amounts payable after more than one year17€158,656€208,527▲
Financial debts170/4€158,656€208,527▲
Amounts payable within one year42/48€201,304€338,906▲
Current portion of amounts payable after more than one year42€73,847€107,617▲
Financial debts43€859€859=
Credit institutions430/8€859€859=
Trade debts44€50,533€90,996▲
Suppliers440/4€50,533€90,996▲
Taxes, remuneration and social security45€55,569€10,746▼
Taxes450/3€55,569€10,746▼
Other amounts payable47/48€20,496€128,688▲
Accrued charges and deferred income492/3€238€0▼
Income statement Code20242025
Non-recurring operating income76A-€2,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,431€134,246▲
Other operating charges640/8€2,080€2,245▲
Non-recurring operating charges66A-€296
Gross operating margin9900€301,933€182,992▼
Operating profit (loss)9901€221,422€46,206▼
Financial income75/76B€10€14▲
Recurring financial income75€10€14▲
Financial charges65/66B€8,038€13,662▲
Recurring financial charges65€8,038€13,662▲
Profit (loss) for the period before taxes9903€213,394€32,557▼
Income taxes67/77€50,857€4,746▼
Profit (loss) for the period9904€162,537€27,811▼
Profit (loss) for the period to be appropriated9905€162,537€27,811▼
Appropriation of the result
Profit (loss) to be appropriated9906€304,658€332,470▲
Profit (loss) brought forward from the previous period14P€142,121€304,658▲
Profit to be distributed694/7-€142,121
Return on contributions (dividend)694-€142,121

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€2,000-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,080€41,597€52,843€78,431€134,246▲ 71.2%
Other operating charges640/8-€1,009€1,610€2,080€2,245▲ 7.9%
Non-recurring operating charges66A----€296-
Gross operating margin9900€77,087€135,495€83,106€301,933€182,992▼ 39.4%
Operating profit (loss)9901€48,408€92,888€28,653€221,422€46,206▼ 79.1%
Financial income75/76B-€21€154€10€14▲ 42.0%
Recurring financial income75€24€21€154€10€14▲ 42.0%
Financial charges65/66B-€6,425€4,378€8,038€13,662▲ 70.0%
Recurring financial charges65€2,307€6,425€4,378€8,038€13,662▲ 70.0%
Profit (loss) for the period before taxes9903€46,125€86,484€24,429€213,394€32,557▼ 84.7%
Income taxes67/77€4,519€9,385€1,012€50,857€4,746▼ 90.7%
Profit (loss) for the period9904€41,606€77,099€23,417€162,537€27,811▼ 82.9%
Profit (loss) for the period to be appropriated9905€41,606€77,099€23,417€162,537€27,811▼ 82.9%
Line20212022202320242025Change
Assets
Total assets20/58€148,435€366,313€387,569€667,356€740,281▲ 10.9%
Fixed assets21/28€94,821€214,770€275,006€325,961€472,417▲ 44.9%
Tangible fixed assets22/27€93,371€214,070€274,306€325,261€471,582▲ 45.0%
Land and buildings22---€1,968€1,752▼ 11.0%
Plant, machinery and equipment23-€151,635€133,332€110,262€151,127▲ 37.1%
Furniture and vehicles24-€62,435€140,973€213,032€231,941▲ 8.9%
Leasing and similar rights25----€86,763-
Financial fixed assets28€1,450€700€700€700€835▲ 19.3%
Current assets29/58€53,614€151,543€112,563€341,395€267,864▼ 21.5%
Amounts receivable within one year40/41€19,610€124,239€98,567€208,918€250,596▲ 19.9%
Trade receivables40-€113,840€44,275€186,291€219,242▲ 17.7%
Other amounts receivable41-€10,399€54,293€22,628€31,354▲ 38.6%
Cash at bank and in hand54/58€30,345€23,751€9,177€125,404€1,326▼ 98.9%
Deferred charges and accrued income490/1-€3,553€4,819€7,073€15,942▲ 125%
Equity and liabilities
Total equity and liabilities10/49€148,435€366,313€387,569€667,356€740,281▲ 10.9%
Equity10/15€44,106€121,204€144,621€307,158€192,848▼ 37.2%
Contributions10/11-€2,500€2,500€2,500€2,500=
Profit (loss) carried forward14€41,606€118,704€142,121€304,658€190,348▼ 37.5%
Amounts payable17/49€104,330€245,109€242,947€360,198€547,433▲ 52.0%
Amounts payable after more than one year17€48,689€119,455€159,223€158,656€208,527▲ 31.4%
Financial debts170/4-€119,455€159,223€158,656€208,527▲ 31.4%
Amounts payable within one year42/48€55,641€125,653€83,724€201,304€338,906▲ 68.4%
Current portion of amounts payable after more than one year42-€39,264€55,017€73,847€107,617▲ 45.7%
Financial debts43---€859€859=
Credit institutions430/8---€859€859=
Trade debts44€14,541€59,131-€50,533€90,996▲ 80.1%
Suppliers440/4-€59,131-€50,533€90,996▲ 80.1%
Taxes, remuneration and social security45-€9,885€5,512€55,569€10,746▼ 80.7%
Taxes450/3-€9,385€5,512€55,569€10,746▼ 80.7%
Remuneration and social security454/9-€500----
Other amounts payable47/48-€17,373€23,195€20,496€128,688▲ 528%
Accrued charges and deferred income492/3---€238€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€41,606€77,099€23,417€162,537€27,811▼ 82.9%
+ Depreciation and write-downs630€25,080€41,597€52,843€78,431€134,246▲ 71.2%
Operating cash flow (approximation)€66,686€118,696€76,260€240,968€162,057▼ 32.7%
Investment in fixed assets (approximation)--€161,546-€113,079-€129,386-€280,701▼ 117%
Change in cash--€6,593-€14,575€116,227-€124,079-

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

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference
31-03-2025 micro format 28-11-2025 2025-00574150
31-03-2024 micro format 06-01-2025 2025-00630419
31-03-2023 micro format 24-11-2023 2023-00515682
31-03-2022 micro format 25-12-2022 2022-20546254
31-03-2021 micro format 09-11-2021 2021-76900342

Similar companies · same sector, comparable size

Of the 8,329 active companies whose main activity is site preparation (NACE 43120), figures are known for 3,277. 2,648 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
no sitting director read yet, last change in 2026
No directors read yet: 2 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Gill De Craecker
  • Director, until 11-05-2026
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 6 July 2019, DRK-CONSTRUCT was incorporated as a private limited company.1 Total assets went from €148,435 in 2021 to €740,281 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2026
28-05
Gazette deed Resignation: Gill De Craecker (director)
Director discharge3 facts ▸
  • General meeting, 11-05-2026
  • Director resignation, Gill De Craecker (director)
  • Director discharge, Gill De Craecker
2025
28-11
NBB filing Annual accounts filed
financial year 2025 · micro format · 28 days late
06-01
NBB filing Annual accounts filed
financial year 2024 · micro format · 67 days late
2024
29-11
Gazette deed Appointment: Gill De Craecker (bijkomend bestuurder)
2 facts ▸
  • General meeting, 14-10-2024
  • Director appointment, Gill De Craecker (bijkomend bestuurder)
31-03
Financial Highest result from 2021 to 2025net €162,537 ▲594%
Operating result €221,422, net result €162,537, both a record.
31-03
Financial Equity above €200,000equity €307,158 ▲112%
A profit in every financial year since 2021 builds equity to €307,158.
2023
24-11
NBB filing Annual accounts filed
financial year 2023 · micro format · 24 days late
31-03
Financial Weakest financial yearnet €23,417 ▼69.6%
Net result drops to €23,417, the lowest in the series; recovery starts the following year.
2022
25-12
NBB filing Annual accounts filed
financial year 2022 · micro format · 55 days late
31-03
Financial Equity above €100,000equity €121,204 ▲175%
A profit in every financial year since 2021 builds equity to €121,204.
2021
09-11
NBB filing Annual accounts filed
financial year 2021 · micro format · 9 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded06-07-2019
Financial year end31-03
Activities, NACEBEL 2025
43120Site preparation
43990Other specialised construction activities
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0729873233
Also 9925:BE0729873233
Registered 03-12-2025

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

Register as of 18 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0729.873.233

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 2019
registered office establishment The establishment unit on the map
Ground area
1,808 m²
Building footprint
221 m²
Building volume
958 m³
Parcel 42020B0355/00A000, Flanders · tallest building 6.4 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DRK-CONSTRUCT
Doornstraat 62, 9260 WichelenGeneral construction of residential buildings
since 2019unit no. 2.291.431.691
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
42020B0355/00A000 Flanders 1,808 m² 1 · 220 m² 6.4 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.