DT Construct
ActiveSummary
DT Construct has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€69,540) and a net result of €2,211. Equity has been growing by about 8.4% per year since 2020. Its solvency ranks better than 5% of 58 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-06-2018 Normal situation
- Activity
- Manufacture of metal structures and parts of structures NACE 25110and 3 others
- Establishment unit
- 2.277.122.114 8700 Tielt, since 22-06-2018
- Financial year end
- 31 March
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.2%
- Gross margin
- €33,219
- ▼ 40.7%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €2,211
- ▼ 89.6%
- Equity
- -€69,540
- ▲ 3.1%
- Total assets
- €148,811
- ▼ 16.8%
- Negative equity on 31-03-2026
Score breakdownraises riskCapped at 59: negative equityNegative equity -€69,540Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)Profit of €2,211 (financial year 2026)lowers riskSize: total assets €148,811Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro). It does better than 3% of them on solvency, 11% on liquidity, 40% on profitability and 45% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 01-10-2026 at the NBB all 7 filings
2022 to 2026, 5 financial years 2020 to 2026, 7 financial years
The operating result for 2026 is 81% lower than in 2025 and the lowest since 2022.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Pledge on the business | €173,750 | €173,750 | €173,750 | €173,750 | €173,750 |
| Mandates to pledge the business | €80,649 | €80,649 | €80,649 | €80,649 | €80,649 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €5,805 | €9,634 | - | €1,798 |
| Intangible fixed assets | - | - | €15,407 | - | - |
| Depreciation and write-downs of the year | €32,918 | €33,268 | €28,869 | €26,773 | €26,532 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,800 | €32,515 | €32,918 | €33,268 | €28,869 | €26,773 | €26,532 | ▼ 0.9% |
| Other operating charges640/8 | - | - | €1,003 | €6,022 | €2,576 | €3,006 | €1,170 | ▼ 61.1% |
| Non-recurring operating charges66A | - | - | €0 | - | - | - | €434 | - |
| Gross operating margin9900 | €14,699 | €47,180 | €43,985 | €55,382 | €41,073 | €55,983 | €33,219 | ▼ 40.7% |
| Operating profit (loss)9901 | -€112,124 | €7,792 | €10,064 | €16,092 | €9,627 | €26,203 | €5,083 | ▼ 80.6% |
| Financial income75/76B | - | - | €4,845 | €839 | €748 | €1,974 | €1,603 | ▼ 18.8% |
| Recurring financial income75 | €368 | €983 | €4,845 | €839 | €748 | €1,974 | €1,603 | ▼ 18.8% |
| Financial charges65/66B | - | - | €8,122 | €6,627 | €5,381 | €6,501 | €3,977 | ▼ 38.8% |
| Recurring financial charges65 | €14,485 | €8,378 | €8,122 | €6,627 | €5,381 | €6,501 | €3,977 | ▼ 38.8% |
| Profit (loss) for the period before taxes9903 | -€126,241 | €397 | €6,787 | €10,303 | €4,994 | €21,676 | €2,710 | ▼ 87.5% |
| Income taxes67/77 | €561 | €279 | €285 | €308 | €309 | €326 | €499 | ▲ 53.1% |
| Profit (loss) for the period9904 | -€126,801 | €118 | €6,502 | €9,995 | €4,685 | €21,350 | €2,211 | ▼ 89.6% |
| Profit (loss) for the period to be appropriated9905 | -€126,801 | €118 | €6,502 | €9,995 | €4,685 | €21,350 | €2,211 | ▼ 89.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €219,384 | €285,904 | €243,933 | €253,214 | €190,688 | €178,856 | €148,811 | ▼ 16.8% |
| Fixed assets21/28 | €193,584 | €191,691 | €158,773 | €131,310 | €127,483 | €100,709 | €75,542 | ▼ 25.0% |
| Intangible fixed assets21 | €80,341 | €70,631 | €60,921 | €51,211 | €55,258 | €42,466 | €29,675 | ▼ 30.1% |
| Tangible fixed assets22/27 | €113,244 | €121,061 | €97,852 | €80,099 | €72,225 | €58,243 | €45,867 | ▼ 21.2% |
| Plant, machinery and equipment23 | - | - | €94,630 | €73,820 | €63,075 | €52,402 | €42,626 | ▼ 18.7% |
| Furniture and vehicles24 | - | - | €3,223 | €6,279 | €9,149 | €5,841 | €3,241 | ▼ 44.5% |
| Current assets29/58 | €25,799 | €94,213 | €85,160 | €121,904 | €63,205 | €78,147 | €73,269 | ▼ 6.2% |
| Stocks and contracts in progress3 | €3,154 | €11,845 | €10,580 | €26,617 | €15,241 | €16,801 | €18,138 | ▲ 8.0% |
| Stocks30/36 | - | - | €10,580 | €26,617 | €15,241 | €16,801 | €18,138 | ▲ 8.0% |
| Amounts receivable within one year40/41 | €18,864 | €79,104 | €69,477 | €85,554 | €42,964 | €32,885 | €33,538 | ▲ 2.0% |
| Trade receivables40 | - | - | €69,477 | €85,554 | €42,964 | €32,885 | €33,538 | ▲ 2.0% |
| Cash at bank and in hand54/58 | €770 | €342 | €3,082 | €7,684 | €2,923 | €25,467 | €18,230 | ▼ 28.4% |
| Deferred charges and accrued income490/1 | - | - | €2,021 | €2,048 | €2,077 | €2,993 | €3,364 | ▲ 12.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €219,384 | €285,904 | €243,933 | €253,214 | €190,688 | €178,856 | €148,811 | ▼ 16.8% |
| Equity10/15 | -€114,401 | -€114,283 | -€107,781 | -€97,786 | -€93,102 | -€71,751 | -€69,540 | ▲ 3.1% |
| Contributions10/11 | - | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | -€126,801 | -€126,683 | -€120,181 | -€110,186 | -€105,502 | -€84,151 | -€81,940 | ▲ 2.6% |
| Amounts payable17/49 | €333,785 | €400,187 | €351,714 | €351,000 | €283,789 | €250,607 | €218,351 | ▼ 12.9% |
| Amounts payable after more than one year17 | €182,734 | €233,753 | €199,326 | €170,954 | €163,534 | €135,324 | €99,196 | ▼ 26.7% |
| Financial debts170/4 | - | - | €199,326 | €170,954 | €163,534 | €135,324 | €99,196 | ▼ 26.7% |
| Amounts payable within one year42/48 | €110,513 | €166,435 | €152,388 | €180,046 | €120,255 | €115,283 | €119,156 | ▲ 3.4% |
| Current portion of amounts payable after more than one year42 | - | - | €35,922 | €28,372 | €32,221 | €35,356 | €36,129 | ▲ 2.2% |
| Trade debts44 | €61,618 | €54,728 | €38,792 | €74,071 | €20,973 | €20,711 | €26,435 | ▲ 27.6% |
| Suppliers440/4 | - | - | €38,792 | €74,071 | €20,973 | €20,711 | €26,435 | ▲ 27.6% |
| Taxes, remuneration and social security45 | - | - | €7,747 | €13,999 | €10,545 | €7,530 | €5,315 | ▼ 29.4% |
| Taxes450/3 | - | - | €7,747 | €13,999 | €8,687 | €7,530 | €5,315 | ▼ 29.4% |
| Remuneration and social security454/9 | - | - | - | - | €1,858 | €0 | - | - |
| Other amounts payable47/48 | - | - | €69,927 | €63,604 | €56,515 | €51,687 | €51,276 | ▼ 0.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€126,801 | €118 | €6,502 | €9,995 | €4,685 | €21,350 | €2,211 | ▼ 89.6% |
| + Depreciation and write-downs630 | €58,800 | €32,515 | €32,918 | €33,268 | €28,869 | €26,773 | €26,532 | ▼ 0.9% |
| Operating cash flow (approximation) | -€68,001 | €32,633 | €39,421 | €43,263 | €33,554 | €48,124 | €28,743 | ▼ 40.3% |
| Investment in fixed assets (approximation) | - | -€30,622 | €0 | -€5,805 | -€25,042 | €0 | -€1,364 | - |
| Change in cash | - | -€428 | €2,740 | €4,602 | -€4,761 | €22,544 | -€7,237 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 906 companies had the same profile as DT Construct has now. Two years later, 6.1% had gone bankrupt and 89.4% were still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DT Construct itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 906 companies, not a prediction for DT Construct. 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.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 01-10-2026 | 2026-00539797 | |
| 31-03-2025 | micro format | 29-09-2025 | 2025-00508772 | |
| 31-03-2024 | micro format | 28-10-2024 | 2024-00516586 | |
| 31-03-2023 | micro format | 23-10-2023 | 2023-00490295 | |
| 31-03-2022 | micro format | 10-10-2022 | 2022-20456174 | |
| 31-03-2021 | micro format | 20-09-2021 | 2021-67700535 | |
| 31-03-2020 | micro format | 12-10-2020 | 2020-61100132 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 16-08-2023 Converted to unavailable equity · €12,400
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Danny Tack |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, benoeming en beëindiging vaste vertegenwoordiger zelfde openbaarmaking alsof in eigen naam en voor eigen rekening”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen”
Articles of association, deed of 16-08-2023 (in Dutch)
Network & group
DT Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DT Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
16-08
Gazette deed
Change of role: Danny Tack, from manager and director to directorAmendment of the articles · Capital conversion · Reserve release9 points ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Other provision, “vrijstelling van volstorting van het niet volstorte gedeelte van het kapitaal, aandeelhouder” (deed in Dutch)
- Amendment of the articles, mentioned 3 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, artikel 39,§2,tweede lid van de wet van 23-03-2019” (deed in Dutch)
- Capital
- Director resignation, Danny Tack (manager and director)
- Director appointment, Danny Tack (director (not named in the articles))
- Registered office clause, “8790 Waregem,Loofstraat 28” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37302E0525/00T000 | Flanders | 663 m² | 1 · 201 m² | 7.7 m · 1 |
| 34040C1204/00C003 | Flanders | 616 m² | 1 · 126 m² | - |