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DVDM CONSTRUCT

Active
Private limited companyfounded 2021active for 4 yearsGeorges Wittouckstraat 96, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0776.993.853
Summary

The computed 12-month bankruptcy probability of DVDM CONSTRUCT is 1.8% (moderate). The 2026 annual accounts show equity of €63,329 and a net result of €15,132. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 85% of 244 sector peers (NACE 41, financial year 2026). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€78,743total assets 2026
Equity
€63,329
Profit
€15,132
Turnover not published (micro format)
Financial health
57 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
1.8%
Structure
2026 accounts filed 30 days late1 of 2 deeds summarised
Why 57raises riskSize: total assets €78,743Founded in 2021Sector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 30 days late; 2 of the last 3 lateShow the evidence

Checked score

Score 2026
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 76% of its sector peers (NACE 41, micro)
Financial strength · tick = 2025
Strong
Solvency 100=
equity 80.4% of total assets
Liquidity 66+15
short-term debt 19.6% · cash 17.9%
Profitability 86-5
return on assets 19.2%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.0%▼ -0.1 percentage points vs 01-2025 03-2025: 3.0%● unchanged vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025 05-2025: 3.1%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 2.7%▼ -0.4 percentage points vs 06-2025 08-2025: 2.8%▲ +0.1 percentage points vs 07-2025 09-2025: 3.4%▲ +0.6 percentage points vs 08-2025 10-2025: 3.7%▲ +0.3 percentage points vs 09-2025 11-2025: 4.5%▲ +0.8 percentage points vs 10-2025 12-2025: 3.6%▼ -0.9 percentage points vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.5%▼ -0.1 percentage points vs 01-2026 03-2026: 3.6%▲ +0.1 percentage points vs 02-2026 04-2026: 3.7%▲ +0.1 percentage points vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.9%▲ +0.2 percentage points vs 05-2026 07-2026: 4.0%▲ +0.1 percentage points vs 06-2026 08-2026: 4.1%▲ +0.1 percentage points vs 07-2026 09-2026: 4.6%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 1.8%▼ -2.8 percentage points vs 09-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity ample (current ratio 5.11, compared with 7.36 in 2025, above the usual 1.5; short-term debt: 19.6% and cash: 17.9% of total assets), and 19.6% 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 92% on solvency, 71% on liquidity, 69% on profitability and 71% on growth.

The bankruptcy probability was computed on 26-10-2026 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.
raises risk
raises risk · Size: total assets €78,743
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Last filed accounts filed 30 days late; 2 of the last 3 late
NBB · filings
raises risk · 2026 accounts filed 30 days late
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 30-09-2026, 30 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 · 4 filings
Deviation from the deadline
2026
30 days late
2025
79 days late
2024
46 days late
2023
39 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 49 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 next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. The company usually files around 13 October (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-01-2027 year end31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Resignation: Dulcu Marian-Marusel (bestuurder, persoon belast…Shareholding
  3. Annual accounts filedfinancial year 2025 · micro…

Financials · financial year 2026, micro format

2026 annual accounts filed late (30 days) Filed on 30 September 2026, deadline 31 August 2026 (7 months after the close on 31 January 2026, Companies Code art. 3:10). Source: NBB, 2026-00547162.

Equity
€63,329▲ 31.4%
2025 · €48,196
Total assets
€78,743▲ 41.2%
2025 · €55,772
Net result
€15,132▲ 25.9%
2025 · €12,019
Working capital
€63,329▲ 31.4%
2025 · €48,196
Trend over the years

2023 to 2026, 4 financial years

The operating result has fallen two years in a row; 2026 is 33% below 2025 and is 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€23,078 2026 Net result€15,132 2026

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
Line2023202420252026
Operating result€26,055-€42,662▲ 63.7%€34,272▼ 19.7%€23,078▼ 32.7%
Net result€20,650within the sector's middle half-€12,528within the sector's middle half▼ 39.3%€12,019within the sector's middle half▼ 4.1%€15,132▲ 25.9%
Equity€23,650within the sector's middle half-€36,178within the sector's middle half▲ 53.0%€48,196within the sector's middle half▲ 33.2%€63,329▲ 31.4%
Total assets€91,064within the sector's middle half-€68,706within the sector's middle half▼ 24.6%€55,772within the sector's middle half▼ 18.8%€78,743▲ 41.2%
Debt€67,415-€32,528▼ 51.7%€7,575▼ 76.7%€15,415▲ 103%
Working capital€23,650within the sector's middle half-€36,178within the sector's middle half▲ 53.0%€48,196within the sector's middle half▲ 33.2%€63,329▲ 31.4%
Solvency26.0%within the sector's middle half-52.7%within the sector's middle half▲ 26.7pp86.4%above the sector's middle half▲ 33.8pp80.4%▼ 6.0pp
Current ratio1.35within the sector's middle half-2.11within the sector's middle half▲ 0.767.36above the sector's middle half▲ 5.255.11▼ 2.25
Return on assets (ROA)22.7%above the sector's middle half-18.2%within the sector's middle half▼ 4.4pp21.5%above the sector's middle half▲ 3.3pp19.2%▼ 2.3pp
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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €78,743
Equity €63,329 ▲ 31.4%
Debt €15,415 ▲ 103%
Debt's share of the balance-sheet total rises from 13.6% to 19.6%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
Debt to equity
0.24▲
2025 · 0.16
ROE
23.9%▼
2025 · 24.9%
Debt ≤ 1 year
€15,415▲
2025 · €7,575
Income taxes
€4,135▲
2025 · €3,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% 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 1.8% 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 39,278 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 · 2026 against 2025 · 29 lines
Balance sheet Code20252026
Assets
Total assets20/58€55,772€78,743▲
Current assets29/58€55,772€78,743▲
Amounts receivable within one year40/41€54,231€64,680▲
Trade receivables40€42,286€63,851▲
Other amounts receivable41€11,945€829▼
Cash at bank and in hand54/58€1,541€14,063▲
Equity and liabilities
Total equity and liabilities10/49€55,772€78,743▲
Equity10/15€48,196€63,329▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€45,196€60,329▲
Amounts payable17/49€7,575€15,415▲
Amounts payable within one year42/48€7,575€15,415▲
Current portion of amounts payable after more than one year42€460€5,383▲
Trade debts44€923€2,885▲
Suppliers440/4€923-
Bills of exchange payable441-€2,885
Taxes, remuneration and social security45€6,193€7,146▲
Taxes450/3€6,193€7,146▲
Income statement Code20252026
Other operating charges640/8€120€100▼
Gross operating margin9900€34,393€23,178▼
Operating profit (loss)9901€34,272€23,078▼
Financial charges65/66B€19,219€3,810▼
Recurring financial charges65€19,219€3,810▼
Profit (loss) for the period before taxes9903€15,053€19,268▲
Income taxes67/77€3,035€4,135▲
Profit (loss) for the period9904€12,019€15,132▲
Profit (loss) for the period to be appropriated9905€12,019€15,132▲
Appropriation of the result
Profit (loss) to be appropriated9906€45,196€60,329▲
Profit (loss) brought forward from the previous period14P€33,178€45,196▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023202420252026Change
Other operating charges640/8€50€105€120€100▼ 16.6%
Gross operating margin9900€26,105€42,767€34,393€23,178▼ 32.6%
Operating profit (loss)9901€26,055€42,662€34,272€23,078▼ 32.7%
Financial charges65/66B€243€26,976€19,219€3,810▼ 80.2%
Recurring financial charges65€243€26,976€19,219€3,810▼ 80.2%
Profit (loss) for the period before taxes9903€25,812€15,686€15,053€19,268▲ 28.0%
Income taxes67/77€5,162€3,158€3,035€4,135▲ 36.3%
Profit (loss) for the period9904€20,650€12,528€12,019€15,132▲ 25.9%
Profit (loss) for the period to be appropriated9905€20,650€12,528€12,019€15,132▲ 25.9%
Line2023202420252026Change
Assets
Total assets20/58€91,064€68,706€55,772€78,743▲ 41.2%
Current assets29/58€91,064€68,706€55,772€78,743▲ 41.2%
Amounts receivable within one year40/41€82,369€58,877€54,231€64,680▲ 19.3%
Trade receivables40€80,860€51,211€42,286€63,851▲ 51.0%
Other amounts receivable41€1,509€7,666€11,945€829▼ 93.1%
Cash at bank and in hand54/58€8,695€9,829€1,541€14,063▲ 813%
Equity and liabilities
Total equity and liabilities10/49€91,064€68,706€55,772€78,743▲ 41.2%
Equity10/15€23,650€36,178€48,196€63,329▲ 31.4%
Contributions10/11€3,000€3,000€3,000€3,000=
Profit (loss) carried forward14€20,650€33,178€45,196€60,329▲ 33.5%
Amounts payable17/49€67,415€32,528€7,575€15,415▲ 103%
Amounts payable within one year42/48€67,415€32,528€7,575€15,415▲ 103%
Current portion of amounts payable after more than one year42--€460€5,383▲ 12×
Trade debts44€45,519€15,728€923€2,885▲ 213%
Suppliers440/4€22,640€2,281€923--
Bills of exchange payable441€22,879€13,447-€2,885-
Taxes, remuneration and social security45€21,175€7,801€6,193€7,146▲ 15.4%
Taxes450/3€5,162€7,801€6,193€7,146▲ 15.4%
Remuneration and social security454/9€16,012----
Other amounts payable47/48€721€9,000---
Line2023202420252026Change
Profit (loss) for the period9904€20,650€12,528€12,019€15,132▲ 25.9%
Operating cash flow (approximation)€20,650€12,528€12,019€15,132▲ 25.9%
Change in cash-€1,133-€8,288€12,522-

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 (4)
Financial year Type Filed Reference
31-01-2026 micro format 30-09-2026 2026-00547162
31-01-2025 micro format 18-11-2025 2025-00567569
31-01-2024 micro format 16-10-2024 2024-00509269
31-01-2023 micro format 09-10-2023 2023-00479796

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 16,272. 13,391 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 2025
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 0 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Dulcu Marian-Marusel
  • Bestuurder, persoon belast met dagelijks bestuur, gedelegeerd bestuurder, until 12-12-2025
  • Bestuurder, persoon belast met dagelijks bestuur, gedelegeerd bestuurder, until 12-12-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 31-12-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Group and network

Connections & network

No directors read yet: 1 of 2 Gazette acts processed.

History

DVDM CONSTRUCT was incorporated on 9 November 2021 as a private limited company.1 Total assets fell from €91,064 in 2023 to €78,743 in 2026.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2023 and 2026

Acts, filings and financial milestones

Next filing, financial year 2027, expected by 31-08-2027
2026
30-09
NBB filing Annual accounts filed
financial year 2026 · micro format · 30 days late
2025
31-12
Gazette deed Resignation: Dulcu Marian-Marusel (bestuurder, persoon belast met dagelijks bestuur, gedelegeerd bestuurder)
Shareholding4 facts ▸
  • General meeting, 12-12-2025
  • Director resignation, Dulcu Marian-Marusel (bestuurder, persoon belast met dagelijks bestuur, gedelegeerd bestuurder)
  • Shareholding, 12-12-2025, 0
  • Shareholding, 12-12-2025, 100
18-11
NBB filing Annual accounts filed
financial year 2025 · micro format · 79 days late
31-01
Financial Liquidity more than triplescurrent ratio 7.36
Current ratio from 2.11 to 7.36; short-term debt falls from €32,528 to €7,575.
2024
16-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 46 days late
2023
09-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 39 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded09-11-2021
Financial year end31-01
Activities, NACEBEL 2025
41001General construction of residential buildings
41002General construction of office buildings
41003General construction of other non-residential buildings
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0776993853
Also 9925:BE0776993853

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

Register as of 26 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 0776.993.853

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

Sites & property

Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
261 m²
Building footprint
132 m²
Building volume
1,038 m³
Parcel 23582E0285/00C005, Flanders · tallest building 11.9 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DVDM CONSTRUCT
Georges Wittouckstraat 96, 1600 Sint-Pieters-LeeuwGeneral construction of residential buildings
since 2021unit no. 2.324.293.808
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23582E0285/00C005 Flanders 261 m² 1 · 132 m² 11.9 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.