KD Dak
ActiveSummary
The computed 12-month bankruptcy probability of KD Dak is 2.1% (moderate). The 2025 annual accounts show equity of €877,212 and a net result of €58,694. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 7967 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-2
Solvency100▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 17.05 against 5.73 in 2024; short-term debt: 5.2% and cash: 12.6% of total assets), and 9.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.1%
Return on assets
6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
28 d late
2024
22 d late
2023
28 d late
2022
24 d late
2021
22 d late
2020
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€877,212▲ 7.2%
2024 · €818,518
Total assets
€973,655▼ 20.7%
2024 · €1.2m
Net result
€58,694▼ 34.5%
2024 · €89,597
Working capital
€809,195▲ 11.3%
2024 · €726,860
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€240,299▼ 21.9%€260,451▲ 8.4%€170,112▼ 34.7%€123,337▼ 27.5%€88,327▼ 28.4%
Net result€184,442above the sector's middle half▼ 21.9%€222,316above the sector's middle half▲ 20.5%€122,944within the sector's middle half▼ 44.7%€89,597within the sector's middle half▼ 27.1%€58,694within the sector's middle half▼ 34.5%
Equity€423,660above the sector's middle half▲ 77.1%€645,977above the sector's middle half▲ 52.5%€728,921above the sector's middle half▲ 12.8%€818,518above the sector's middle half▲ 12.3%€877,212above the sector's middle half▲ 7.2%
Total assets€719,989above the sector's middle half▲ 62.4%€1.2mabove the sector's middle half▲ 60.3%€1.1mwithin the sector's middle half▼ 0.7%€1.2mwithin the sector's middle half▲ 7.1%€973,655within the sector's middle half▼ 20.7%
Debt€296,329▲ 45.1%€508,301▲ 71.5%€417,691▼ 17.8%€409,408▼ 2.0%€96,444▼ 76.4%
Working capital€417,897above the sector's middle half▲ 126%€520,840above the sector's middle half▲ 24.6%€625,528above the sector's middle half▲ 20.1%€726,860above the sector's middle half▲ 16.2%€809,195above the sector's middle half▲ 11.3%
Solvency58.8%within the sector's middle half▲ 4.9pp56.0%within the sector's middle half▼ 2.9pp63.6%above the sector's middle half▲ 7.6pp66.7%above the sector's middle half▲ 3.1pp90.1%above the sector's middle half▲ 23.4pp
Current ratio3.43above the sector's middle half▲ 0.824.09above the sector's middle half▲ 0.664.97above the sector's middle half▲ 0.885.73above the sector's middle half▲ 0.7617.05above the sector's middle half▲ 11.33
Return on assets (ROA)25.6%above the sector's middle half▼ 27.6pp19.3%above the sector's middle half▼ 6.4pp10.7%within the sector's middle half▼ 8.5pp7.3%within the sector's middle half▼ 3.4pp6.0%within the sector's middle half▼ 1.3pp
Staff (FTE)2▲ 81.8%2=2.6within the sector's middle half▲ 30.0%3.6within the sector's middle half▲ 38.5%1.3below the sector's middle half▼ 63.9%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 28% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €973,655
Fixed assets
€114,054 ▼ 67.2%
Current assets
€859,601 ▼ 2.4%
Equity and liabilities €973,655
Equity
€877,212 ▲ 7.2%
Debt
€96,444 ▼ 76.4%
Debt's share of the balance-sheet total falls from 33.3% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€153,896▼
2024 · €257,939
Cash flow
€124,263▼
2024 · €224,198
Quick ratio
16.19▲
2024 · 5.25
Debt to equity
0.11▼
2024 · 0.50
ROE
6.7%▼
2024 · 10.9%
Interest coverage
12.51▼
2024 · 20.60
Debt ≤ 1 year
€50,406▼
2024 · €153,779
Debt > 1 year
€46,038▼
2024 · €255,630
Income taxes
€21,067▼
2024 · €26,556
Staff costs
€82,167▼
2024 · €228,629
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €48,500 | - |
| Remuneration, social security and pensions62 | €100,019 | €107,844 | €156,478 | €228,629 | €82,167 | ▼ 64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36,372 | €61,419 | €117,575 | €134,602 | €65,569 | ▼ 51.3% |
| Other operating charges640/8 | €120 | €122 | €970 | €1,421 | €573 | ▼ 59.7% |
| Gross operating margin9900 | €376,810 | €429,836 | €445,134 | €487,989 | €236,635 | ▼ 51.5% |
| Operating profit (loss)9901 | €240,299 | €260,451 | €170,112 | €123,337 | €88,327 | ▼ 28.4% |
| Financial income75/76B | €1,210 | €1,340 | €312 | €5,334 | €3,735 | ▼ 30.0% |
| Recurring financial income75 | €1,210 | €1,340 | €312 | €5,334 | €3,735 | ▼ 30.0% |
| Financial charges65/66B | €2,525 | €3,699 | €11,773 | €12,519 | €12,301 | ▼ 1.7% |
| Recurring financial charges65 | €2,525 | €3,699 | €11,773 | €12,519 | €12,301 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €238,984 | €258,093 | €158,651 | €116,153 | €79,761 | ▼ 31.3% |
| Income taxes67/77 | €54,541 | €35,777 | €35,707 | €26,556 | €21,067 | ▼ 20.7% |
| Profit (loss) for the period9904 | €184,442 | €222,316 | €122,944 | €89,597 | €58,694 | ▼ 34.5% |
| Profit (loss) for the period to be appropriated9905 | €184,442 | €222,316 | €122,944 | €89,597 | €58,694 | ▼ 34.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €719,989 | €1.2m | €1.1m | €1.2m | €973,655 | ▼ 20.7% |
| Fixed assets21/28 | €130,104 | €464,968 | €363,390 | €347,288 | €114,054 | ▼ 67.2% |
| Tangible fixed assets22/27 | €130,104 | €464,633 | €363,055 | €346,953 | €113,719 | ▼ 67.2% |
| Plant, machinery and equipment23 | €87,982 | €69,337 | €54,408 | €30,817 | €15,955 | ▼ 48.2% |
| Furniture and vehicles24 | €36,805 | €385,089 | €300,342 | €309,735 | €93,266 | ▼ 69.9% |
| Other tangible fixed assets26 | €5,317 | €10,208 | €8,304 | €6,401 | €4,498 | ▼ 29.7% |
| Financial fixed assets28 | - | €335 | €335 | €335 | €335 | = |
| Current assets29/58 | €589,886 | €689,310 | €783,222 | €880,638 | €859,601 | ▼ 2.4% |
| Stocks and contracts in progress3 | €33,293 | €158,740 | €94,262 | €73,169 | €43,304 | ▼ 40.8% |
| Stocks30/36 | €33,293 | €158,740 | €94,262 | €73,169 | €43,304 | ▼ 40.8% |
| Amounts receivable within one year40/41 | €28,514 | €383,523 | €396,197 | €739,637 | €686,602 | ▼ 7.2% |
| Trade receivables40 | €16,541 | €10,781 | €23,787 | €9,893 | €16,812 | ▲ 69.9% |
| Other amounts receivable41 | €11,973 | €372,742 | €372,410 | €729,744 | €669,790 | ▼ 8.2% |
| Cash at bank and in hand54/58 | €528,078 | €144,047 | €277,257 | €61,125 | €122,988 | ▲ 101% |
| Deferred charges and accrued income490/1 | - | €3,000 | €15,505 | €6,708 | €6,708 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €719,989 | €1.2m | €1.1m | €1.2m | €973,655 | ▼ 20.7% |
| Equity10/15 | €423,660 | €645,977 | €728,921 | €818,518 | €877,212 | ▲ 7.2% |
| Contributions10/11 | €3,200 | €3,200 | €3,200 | €3,200 | €3,200 | = |
| Capital10 | €3,200 | €3,200 | - | - | - | - |
| Issued capital100 | €3,200 | €3,200 | - | - | - | - |
| Profit (loss) carried forward14 | €420,460 | €642,777 | €725,721 | €815,318 | €874,012 | ▲ 7.2% |
| Amounts payable17/49 | €296,329 | €508,301 | €417,691 | €409,408 | €96,444 | ▼ 76.4% |
| Amounts payable after more than one year17 | €124,340 | €339,832 | €259,997 | €255,630 | €46,038 | ▼ 82.0% |
| Financial debts170/4 | €124,340 | €339,832 | €259,997 | €255,630 | €46,038 | ▼ 82.0% |
| Amounts payable within one year42/48 | €171,988 | €168,469 | €157,693 | €153,779 | €50,406 | ▼ 67.2% |
| Current portion of amounts payable after more than one year42 | €41,749 | €78,508 | €79,835 | €87,685 | €34,813 | ▼ 60.3% |
| Trade debts44 | €2,121 | €25,924 | €14,022 | €49,842 | €11,788 | ▼ 76.4% |
| Suppliers440/4 | €2,121 | €25,924 | €14,022 | €49,842 | €11,788 | ▼ 76.4% |
| Taxes, remuneration and social security45 | €128,119 | €64,037 | €23,837 | €16,252 | €3,805 | ▼ 76.6% |
| Taxes450/3 | €126,009 | €55,111 | €1,087 | €484 | €3,805 | ▲ 686% |
| Remuneration and social security454/9 | €2,110 | €8,925 | €22,750 | €15,768 | - | - |
| Other amounts payable47/48 | - | - | €40,000 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €184,442 | €222,316 | €122,944 | €89,597 | €58,694 | ▼ 34.5% |
| + Depreciation and write-downs630 | €36,372 | €61,419 | €117,575 | €134,602 | €65,569 | ▼ 51.3% |
| Operating cash flow (approximation) | €220,814 | €283,735 | €240,519 | €224,198 | €124,263 | ▼ 44.6% |
| Investment in fixed assets (approximation) | - | -€396,284 | -€15,996 | -€118,500 | €167,664 | ▲ 241% |
| Change in cash | - | -€384,032 | €133,210 | -€216,132 | €61,863 | ▲ 129% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €58,694 ▼34.5%
Net result drops to €58,694, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 17.05
Current ratio from 5.73 to 17.05; short-term debt falls from €153,779 to €50,406.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €500,000Eq €645,977 ▲52.5%
3 profitable years in a row build equity to €645,977.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It 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.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 2019
Ground area
2,547 m²
Building footprint
637 m²
2 parcels, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
KD Dak
since 20192.291.793.759
KD Dak
since 20222.331.977.592
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46028C0619/00N000 | Flanders | 2,249 m² | 1 · 518 m² | - |
| 46017B0093/00G002 | Flanders | 299 m² | 1 · 120 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,853 EUR awarded · 3,853 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 50 EUR | 50 EUR |
| 2024 | 1 | 237 EUR | 484 EUR |
| 2023 | 2 | 3,438 EUR | 3,319 EUR |
| 2022 | 1 | 128 EUR | 0 EUR |
Similar companies · same sector, comparable size
WECOVER
BE 0691.646.424
Namur · Eq €877,660
DE LOMBAERT GUY
BE 0471.867.782
Geraardsbergen · Eq €875,284
Société Marlier Construction Toiture
BE 0748.397.758
Namur · Eq €880,137
DAKWERKEN DOSSCHE
BE 0844.345.507
Aalter · Eq €874,065
DAKWERKEN VAN RANSBEEK JOS
BE 0463.939.716
Ninove · Eq €881,161
Of 8,568 companies in this sector we hold annual accounts for 4,372. 2,205 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded30-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0731713758
Also
9925:BE0731713758
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.