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DTH CONSTRUCT

Active
Private limited company (pre-2019)founded 2013active for 13 yearsVaderlandsplein 50, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0535.946.675
Summary

DTH CONSTRUCT has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,220 and a net result of -€6,092. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 73% of 9,302 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€43,740total assets 2025
Equity
€28,220
Loss
-€6,092
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts 15 days early1 of 3 deeds summarised
Why 65raises riskLoss of €6,092, the second in a row (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2013Equity €28,220 (64.5% of total assets)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 35% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 90-9
equity 64.5% of total assets
Liquidity 39-9
short-term debt 35.5% · cash 4.2%
Profitability 3-21
return on assets -13.9%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,431 companies, NACE 41, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 1.1%▲ +0.2 percentage points vs 12-2024highest value 02-2025: 0.9%▼ -0.2 percentage points vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.7%▼ -0.2 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025lowest value 08-2025: 0.7%● unchanged vs 07-2025lowest value 09-2025: 0.7%● unchanged vs 08-2025lowest value 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 1.0%▲ +0.2 percentage points vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.0%● unchanged vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.82, compared with 3.8 in 2024, above the usual 1.5; short-term debt: 35.5% and cash: 4.2% of total assets), and 35.5% 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 41, micro): better than 74% on solvency, 36% on liquidity, 11% on profitability and 21% on growth.

The bankruptcy probability was computed on 24-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €6,092, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2013
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €28,220 (64.5% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€6,092
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
15 days early
2023
9 days early
2022
18 days early
2021
23 days late
2020
23 days late
2019
25 days 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 2 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 16 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Hildebrandt Dariusz (director)Director discharge · Power of…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Weakest financial yearnet -€6,092

Financials · financial year 2025, micro format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,092▼ 150%
2024 · -€2,434
Working capital
€28,180▼ 17.8%
2024 · €34,272
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €5,781 after €744 in 2024, the lowest result in the available series.

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

Operating result-€5,781 2025 Net result-€6,092 2025

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

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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
Line2019202020212022202320242025
Operating result€660-€1,420▲ 115%€4,940▲ 248%€4,426▼ 10.4%€11,400▲ 158%€744▼ 93.5%-€5,781
Net result€366-€1,110within the sector's middle half▲ 204%€4,855within the sector's middle half▲ 337%€2,359within the sector's middle half▼ 51.4%€11,218within the sector's middle half▲ 375%-€2,434below the sector's middle half-€6,092below the sector's middle half▼ 150%
Equity€17,204-€18,314below the sector's middle half▲ 6.5%€23,169below the sector's middle half▲ 26.5%€25,528within the sector's middle half▲ 10.2%€36,746within the sector's middle half▲ 43.9%€34,312within the sector's middle half▼ 6.6%€28,220within the sector's middle half▼ 17.8%
Total assets€24,260-€27,045below the sector's middle half▲ 11.5%€34,881below the sector's middle half▲ 29.0%€39,665below the sector's middle half▲ 13.7%€50,837below the sector's middle half▲ 28.2%€46,564below the sector's middle half▼ 8.4%€43,740below the sector's middle half▼ 6.1%
Debt€7,057-€8,731▲ 23.7%€11,712▲ 34.1%€14,137▲ 20.7%€14,090▼ 0.3%€12,251▼ 13.1%€15,519▲ 26.7%
Working capital€16,984-€18,094within the sector's middle half▲ 6.5%€23,128within the sector's middle half▲ 27.8%€25,488within the sector's middle half▲ 10.2%€36,706within the sector's middle half▲ 44.0%€34,272within the sector's middle half▼ 6.6%€28,180within the sector's middle half▼ 17.8%
Solvency70.9%-67.7%above the sector's middle half▼ 3.2pp66.4%above the sector's middle half▼ 1.3pp64.4%above the sector's middle half▼ 2.1pp72.3%above the sector's middle half▲ 7.9pp73.7%above the sector's middle half▲ 1.4pp64.5%within the sector's middle half▼ 9.2pp
Current ratio3.41-3.07above the sector's middle half▼ 0.332.97above the sector's middle half▼ 0.102.80above the sector's middle half▼ 0.173.61above the sector's middle half▲ 0.803.80above the sector's middle half▲ 0.192.82within the sector's middle half▼ 0.98
Return on assets (ROA)1.5%-4.1%within the sector's middle half▲ 2.6pp13.9%above the sector's middle half▲ 9.8pp5.9%within the sector's middle half▼ 8.0pp22.1%above the sector's middle half▲ 16.1pp-5.2%below the sector's middle half▼ 27.3pp-13.9%below the sector's middle half▼ 8.7pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43,740
Fixed assets €41 =
Current assets €43,699 ▼ 6.1%
Equity and liabilities €43,740
Equity €28,220 ▼ 17.8%
Debt €15,519 ▲ 26.7%
Debt's share of the balance-sheet total rises from 26.3% to 35.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.55▲
2024 · 0.36
ROE
-21.6%▼
2024 · -7.1%
Debt ≤ 1 year
€15,519▲
2024 · €12,251
Income taxes
€120▼
2024 · €2,996
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,475 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% 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%

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 4,805 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€46,564€43,740▼
Fixed assets21/28€41€41=
Financial fixed assets28€41€41=
Current assets29/58€46,523€43,699▼
Amounts receivable within one year40/41€43,407€41,858▼
Trade receivables40€43,317€41,788▼
Other amounts receivable41€91€70▼
Cash at bank and in hand54/58€3,116€1,841▼
Equity and liabilities
Total equity and liabilities10/49€46,564€43,740▼
Equity10/15€34,312€28,220▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€26,252€20,160▼
Amounts payable17/49€12,251€15,519▲
Amounts payable within one year42/48€12,251€15,519▲
Trade debts44-€635
Suppliers440/4-€635
Taxes, remuneration and social security45€8,494€10,377▲
Taxes450/3€725€1▼
Remuneration and social security454/9€7,769€10,376▲
Other amounts payable47/48€3,758€4,507▲
Income statement Code20242025
Other operating charges640/8€384€387▲
Gross operating margin9900€1,129-€5,394▼
Operating profit (loss)9901€744-€5,781▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€182€192▲
Recurring financial charges65€182€192▲
Profit (loss) for the period before taxes9903€562-€5,972▼
Income taxes67/77€2,996€120▼
Profit (loss) for the period9904-€2,434-€6,092▼
Profit (loss) for the period to be appropriated9905-€2,434-€6,092▼
Appropriation of the result
Profit (loss) to be appropriated9906€26,252€20,160▼
Profit (loss) brought forward from the previous period14P€28,686€26,252▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Other operating charges640/8---€348€348€384€387▲ 0.8%
Gross operating margin9900€1,007€1,420€5,821€4,774€11,748€1,129-€5,394-
Operating profit (loss)9901€660€1,420€4,940€4,426€11,400€744-€5,781-
Financial income75/76B-----€0€1▲ 12×
Recurring financial income75-----€0€1▲ 12×
Financial charges65/66B---€170€174€182€192▲ 5.4%
Recurring financial charges65€127€142€85€170€174€182€192▲ 5.4%
Profit (loss) for the period before taxes9903€533€1,279€4,855€4,256€11,227€562-€5,972-
Income taxes67/77€167€168-€1,897€9€2,996€120▼ 96.0%
Profit (loss) for the period9904€366€1,110€4,855€2,359€11,218-€2,434-€6,092▼ 150%
Profit (loss) for the period to be appropriated9905€366€1,110€4,855€2,359€11,218-€2,434-€6,092▼ 150%
Line2019202020212022202320242025Change
Assets
Total assets20/58€24,260€27,045€34,881€39,665€50,837€46,564€43,740▼ 6.1%
Fixed assets21/28€220€220€41€41€41€41€41=
Financial fixed assets28€220€220€41€41€41€41€41=
Current assets29/58€24,040€26,825€34,840€39,624€50,796€46,523€43,699▼ 6.1%
Amounts receivable within one year40/41€24,017€24,525€34,582€38,910€50,517€43,407€41,858▼ 3.6%
Trade receivables40---€38,845€50,342€43,317€41,788▼ 3.5%
Other amounts receivable41---€66€174€91€70▼ 22.9%
Cash at bank and in hand54/58€24€2,300€257€714€279€3,116€1,841▼ 40.9%
Equity and liabilities
Total equity and liabilities10/49€24,260€27,045€34,881€39,665€50,837€46,564€43,740▼ 6.1%
Equity10/15€17,204€18,314€23,169€25,528€36,746€34,312€28,220▼ 17.8%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€9,144€10,254€15,109€17,468€28,686€26,252€20,160▼ 23.2%
Amounts payable17/49€7,057€8,731€11,712€14,137€14,090€12,251€15,519▲ 26.7%
Amounts payable within one year42/48€7,057€8,731€11,712€14,137€14,090€12,251€15,519▲ 26.7%
Trade debts44€524€519€360€554--€635-
Suppliers440/4---€554--€635-
Taxes, remuneration and social security45---€11,488€11,196€8,494€10,377▲ 22.2%
Taxes450/3---€900€1,815€725€1▼ 99.8%
Remuneration and social security454/9---€10,588€9,381€7,769€10,376▲ 33.6%
Other amounts payable47/48---€2,094€2,894€3,758€4,507▲ 20.0%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€366€1,110€4,855€2,359€11,218-€2,434-€6,092▼ 150%
Operating cash flow (approximation)€366€1,110€4,855€2,359€11,218-€2,434-€6,092▼ 150%
Investment in fixed assets (approximation)-€0€179€0€0€0€0-
Change in cash-€2,276-€2,042€456-€435€2,837-€1,275-

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

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
30-06-2025 micro format 16-01-2026 2026-00009653
30-06-2024 micro format 16-01-2025 2025-00006549
30-06-2023 micro format 22-01-2024 2024-00004225
30-06-2022 micro format 13-01-2023 2023-00000214
30-06-2021 full format 23-02-2022 2022-06600441
30-06-2020 full format 23-02-2021 2021-05900568
30-06-2019 full format 25-02-2020 2020-05900601
30-06-2018 full format 27-02-2019 2019-06300555
30-06-2017 full format 01-02-2018 2018-04300137
30-06-2016 full format 27-02-2017 2017-05700338

Show all 12 filings

Similar companies · same sector, comparable size

Of the 29,229 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,180. 12,457 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: 1 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
Hildebrandt Dariusz
  • Director, until 27-01-2026
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 25 June 2013, DTH CONSTRUCT was incorporated.1 Total assets went from €24,260 in 2019 to €43,740 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
27-01
Gazette deed Resignation: Hildebrandt Dariusz (director)
Director discharge · Power of attorney5 facts ▸
  • General meeting, 13-12-2025
  • Director resignation, Hildebrandt Dariusz (director)
  • Director discharge, Hildebrandt Dariusz
  • Power of attorney, J.Jordens sri
  • Power of attorney, Serge Solau
16-01
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial Weakest financial yearnet -€6,092
Net result drops to -€6,092, the lowest in the series.
16-01
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
22-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
30-06
Financial Highest result from 2019 to 2025net €11,218 ▲375%
Operating result €11,400, net result €11,218, both a record.
13-01
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
23-02
NBB filing Annual accounts filed
financial year 2021 · full format · 23 days late
2021
23-02
NBB filing Annual accounts filed
financial year 2020 · full format · 23 days late
2020
25-02
NBB filing Annual accounts filed
financial year 2019 · full format · 25 days late
2019
27-02
NBB filing Annual accounts filed
financial year 2018 · full format · 27 days late
2018
01-02
NBB filing Annual accounts filed
financial year 2017 · full format · 1 day late
2017
27-02
NBB filing Annual accounts filed
financial year 2016 · full format · 27 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 12 annual accounts filed, the latest 10 are here; all 12 are under Financials.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have 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 (pre-2019)
Founded25-06-2013
Financial year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43310Plastering work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0535946675
Also 9925:BE0535946675
Registered 09-12-2025

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

Register as of 24 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 0535.946.675

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

Sites & property

Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2013
registered office establishment The establishment unit on the map
Ground area
63 m²
Building footprint
53 m²
Building volume
651 m³
Parcel 21904B0458/00S003, Brussels · tallest building 14.3 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DTH Construct
Vaderlandsplein 50, 1030 SchaarbeekGeneral construction of residential buildings
since 2013unit no. 2.220.457.781
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21904B0458/00S003 Brussels 63 m² 1 · 53 m² 14.3 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.