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KDK CONSTRUCT

Active
Private limited companyfounded 2024active for 2 yearsOudesmidsestraat 20, 1700 Dilbeek, Belgium485 active companies are registered at this addressKBO/BCE: BE 1013.864.190
Summary

The computed 12-month bankruptcy probability of KDK CONSTRUCT is 5.1% (elevated). The 2025 annual accounts show equity of €10,235 and a net result of €8,235. Its solvency ranks better than 65% of 9,044 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
General construction of other non-residential buildings
NACE 41003
1 site
Size
€17,801total assets 2025
Equity
€10,235
Profit
€8,235
Turnover not published (micro format)
Financial health
40 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.1%
Structure
Accounts filed 21 days late0 of 1 deed read
Why 40raises riskFounded in 2024Size: total assets €17,801Sector: Construction of residential and non-residential buildings (NACE 41)Ex-officio strike-off in the KBOShow the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 66% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 82
equity 57.5% of total assets
Liquidity 42
short-term debt 42.5% · cash 10.1%
Profitability 100
return on assets 46.3%
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,398 companies, NACE 41, micro)
Last 24 months 10-2025: 6.6% 11-2025: 6.6%● unchanged vs 10-2025 12-2025: 6.9%▲ +0.3 percentage points vs 11-2025 01-2026: 7.4%▲ +0.5 percentage points vs 12-2025 02-2026: 7.7%▲ +0.3 percentage points vs 01-2026 03-2026: 8.4%▲ +0.7 percentage points vs 02-2026 04-2026: 8.4%● unchanged vs 03-2026 05-2026: 9.1%▲ +0.7 percentage points vs 04-2026 06-2026: 8.8%▼ -0.3 percentage points vs 05-2026 07-2026: 8.7%▼ -0.1 percentage points vs 06-2026 08-2026: 9.3%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 5.1%▼ -4.2 percentage points vs 08-2026lowest value 10-2026: 5.1%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.39; short-term debt: 42.5% and cash: 10.1% of total assets), and 42.5% 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 66% on solvency, 39% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 11-10-2026 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.
raises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €17,801
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Ex-officio strike-off in the KBO
KBO publications
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 1 filing
Deviation from the deadline
2025
21 days late
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Address struckKBO administration

Financials · financial year 2025, micro format

2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00463083.

Equity
€10,235
Total assets
€17,801
Net result
€8,235
Working capital
€2,946

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €17,801
Fixed assets €7,289
Current assets €10,512
Equity and liabilities €17,801
Equity €10,235
Debt €7,565
Debt finances 42.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€12,524
Cash flow
€12,446
Current ratio
1.39
Debt to equity
0.74
ROE
80.5%
ROA
46.3%
Interest coverage
over 100
Debt ≤ 1 year
€7,565

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 96% 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
96% 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: 5.1% 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 497,468 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% 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 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 · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€17,801
Fixed assets21/28€7,289
Tangible fixed assets22/27€7,289
Furniture and vehicles24€7,289
Current assets29/58€10,512
Amounts receivable within one year40/41€7,535
Trade receivables40€2,025
Other amounts receivable41€5,510
Cash at bank and in hand54/58€1,794
Deferred charges and accrued income490/1€1,182
Equity and liabilities
Total equity and liabilities10/49€17,801
Equity10/15€10,235
Contributions10/11€2,000
Profit (loss) carried forward14€8,235
Amounts payable17/49€7,565
Amounts payable within one year42/48€7,565
Advances received on contracts in progress46€2,025
Taxes, remuneration and social security45€2,615
Taxes450/3€615
Remuneration and social security454/9€2,000
Other amounts payable47/48€2,925
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,211
Other operating charges640/8€186
Gross operating margin9900€12,710
Operating profit (loss)9901€8,313
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€78
Recurring financial charges65€78
Profit (loss) for the period before taxes9903€8,235
Profit (loss) for the period9904€8,235
Profit (loss) for the period to be appropriated9905€8,235
Appropriation of the result
Profit (loss) to be appropriated9906€8,235

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,211
Other operating charges640/8€186
Gross operating margin9900€12,710
Operating profit (loss)9901€8,313
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€78
Recurring financial charges65€78
Profit (loss) for the period before taxes9903€8,235
Profit (loss) for the period9904€8,235
Profit (loss) for the period to be appropriated9905€8,235
Line2025
Assets
Total assets20/58€17,801
Fixed assets21/28€7,289
Tangible fixed assets22/27€7,289
Furniture and vehicles24€7,289
Current assets29/58€10,512
Amounts receivable within one year40/41€7,535
Trade receivables40€2,025
Other amounts receivable41€5,510
Cash at bank and in hand54/58€1,794
Deferred charges and accrued income490/1€1,182
Equity and liabilities
Total equity and liabilities10/49€17,801
Equity10/15€10,235
Contributions10/11€2,000
Profit (loss) carried forward14€8,235
Amounts payable17/49€7,565
Amounts payable within one year42/48€7,565
Advances received on contracts in progress46€2,025
Taxes, remuneration and social security45€2,615
Taxes450/3€615
Remuneration and social security454/9€2,000
Other amounts payable47/48€2,925
Line2025
Profit (loss) for the period9904€8,235
+ Depreciation and write-downs630€4,211
Operating cash flow (approximation)€12,446

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

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

KDK CONSTRUCT was incorporated on 20 September 2024 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
21-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 21 days late
2025
17-01
KBO administration Address struck
SignalNBB filing
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It 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
Founded20-09-2024
Financial year end31-12
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
41002General construction of office buildings
43110Demolition
43211General electrical installation work
43341Painting of buildings
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013864190
Registered 02-01-2026

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

Register as of 12 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 1013.864.190

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

Sites & property

Location & real-estate footprint
Registered office, Dilbeek · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
300 m²
Building footprint
299 m²
Building volume
2,755 m³
Parcel 23016D0063/00W002, Flanders · tallest building 12.6 m. Linked by address, not a title deed.
485 companies at this address See who is registered here
1 establishment unit
KDK CONSTRUCT
Oudesmidsestraat 20, 1700 DilbeekGeneral construction of other non-residential buildings
since 2024unit no. 2.366.671.623
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23016D0063/00W002 Flanders 300 m² 1 · 299 m² 12.6 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.