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IMMO DCN

Active
Private limited companyfounded 200521 yrs activeVaartdijk-Zuid 57, 8432 Middelkerke, BelgiumKBO/BCE: BE 0871.655.757

IMMO DCN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €517k and a net result of €-6k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 33% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
69 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+20
Solvency39▼-11
Growth53=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 1.15 in 2024; short-term debt: 73% and cash: 36.6% of total assets), and 86% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
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 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 d early
2024
63 d early
2023
9 d early
2022
26 d early
2021
18 d early
2020
47 d late
2019
15 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
€227k▼ 20.9%
2020 · €288k
2019: €201k 2020: €288k
2019 → 2021
EBIT margin
3.1%▼ 9.7pp
2020 · 12.8%
2019: 19.9% 2020: 12.8%
2019 → 2021
Net result
€-6k▼ 36.7%
2024 · €-4k
2019: €36k 2020: €19k 2021: €-5k 2022: €60k 2023: €-59k 2024: €-4k
2019 → 2025
Working capital
€513k▲ 149%
2024 · €206k
2019: €173k 2020: €260k 2021: €305k 2022: €400k 2023: €128k 2024: €206k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€227k-
Equity€525k-€586k▲ 11.5%€527k▼ 10.0%€523k▼ 0.8%€517k▼ 1.1%
Operating result€7k-€103k▲ 1,351%€-11k€421€-4k
Net result€-5k-€60k€-59k€-4k▲ 92.9%€-6k▼ 36.7%
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50k€100kOperating result 2021: €7k€7kNet result 2021: €-5k€-5kOperating result 2022: €103k€103kNet result 2022: €60k€60kOperating result 2023: €-11k€-11kNet result 2023: €-59k€-59kOperating result 2024: €421€421Net result 2024: €-4k€-4kOperating result 2025: €-4k€-4kNet result 2025: €-6k€-6k20212022202320242025
The operating result turns negative in 2025: a loss of €4k after €421 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.70M
Fixed assets €488k▼ 2.4%
Current assets €3.21M▲ 104%
Equity and liabilities €3.70M
Equity €517k▼ 1.1%
Debt €3.18M▲ 105%
The debt ratio rises from 74.8% to 86.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8k
2024 · €12k
Cash flow
€6k
2024 · €8k
Solvency
14.0%
2024 · 25.2%
Current ratio
1.19
2024 · 1.15
Quick ratio
0.50
2024 · 0.01
Debt / equity
6.15
2024 · 2.97
ROE
-1.1%
2024 · -0.8%
ROA
-0.2%
2024 · -0.2%
Interest coverage
5.10
2024 · 2.68
Debt
€3.18M
2024 · €1.55M
Debt ≤ 1 year
€2.70M
2024 · €1.37M
Debt > 1 year
€468k
2024 · €180k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.08M€3.70M
Fixed assets21/28€500k€488k
Tangible fixed assets22/27€497k€485k
Land and buildings22€497k€485k
Financial fixed assets28€3k€3k=
Current assets29/58€1.58M€3.21M
Stocks and contracts in progress3€1.56M€1.85M
Stocks30/36€1.56M€1.85M
Amounts receivable within one year40/41€0€1k
Trade receivables40€0€1k
Cash at bank and in hand54/58€10k€1.35M
Deferred charges and accrued income490/1€5k€5k
Equity and liabilities
Total equity and liabilities10/49€2.08M€3.70M
Equity10/15€523k€517k
Contributions10/11€25k€25k=
Reserves13€498k€492k
Tax-exempt reserves132€223k€223k=
Distributable reserves133€275k€270k
Amounts payable17/49€1.55M€3.18M
Amounts payable after more than one year17€180k€468k
Other amounts payable178/9€180k€468k
Amounts payable within one year42/48€1.37M€2.70M
Financial debts43€1.37M€2.70M
Credit institutions430/8€1.37M€2.70M
Trade debts44€2k€0
Suppliers440/4€2k€0
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Accrued charges and deferred income492/3€3k€15k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-12k€-2k
Other operating charges640/8€5k€6k
Gross operating margin9900€5k€12k
Operating profit (loss)9901€421€-4k
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€1k
Recurring financial charges65€5k€1k
Profit (loss) for the period before taxes9903€-4k€-6k
Profit (loss) for the period9904€-4k€-6k
Profit (loss) for the period to be appropriated9905€-4k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-6k
Transfer from equity791/2€4k€6k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
11-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
29-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
22-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial Weakest financial yearnet €-59k ▼197%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
05-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial Back to profitnet €60k
Net result €60k after one loss-making year.
13-01
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
19-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 47 days late
2020
16-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 33 days late
2016
22-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Middelkerke · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Vaartdijk-Zuid 578432 Middelkerke
Ground area
1,779 m²
Building footprint
1,779 m²
Volume, LiDAR
10,890 m³
Parcel 35008D0088/00A002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO DCN
Vaartdijk-Zuid 57, 8432 MiddelkerkeNACE 7011101
since 20052.250.281.422
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35008D0088/00A002 Flanders 1,779 m² 1 · 1,779 m² 7.8 m · 2 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

Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,674 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-2005
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.