Active BE 0471.674.475Public limited companyOpen bankruptcy

D.P. DEVELOPMENT

Meirbrug 1 ·2000 Antwerpen, Belgium· 26 yrs active

Sector: Real estate activities (68121)

Conclusion Checked

A bankruptcy procedure is open for D.P. DEVELOPMENT according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €132k and a net result of €5k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€132k
Net result	€5k
Better than sector	42%
Active	26 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

26 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 6

Profitability 21

Solvency 44

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2021 · computed

6 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 22-07-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 68, Real estate activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	15.6%	25.8%	better than 42% of 1749 sector peers
Net result	€5k	€1k	better than 57% of 1750 sector peers
Equity	€132k	€29k	better than 74% of 1750 sector peers
Gross operating margin	€-6k	€22k	better than 15% of 1740 sector peers
Total assets	€843k	€265k	better than 77% of 1750 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-39k

- 18-21

Net profit

€5k

- 18-21

Cash flow

€-88k

-33.5% 18-21

Total assets

€843k

-5.4% 18-21

Equity

€132k

+4.3% 18-21

Working capital

€413k

+3.4% 18-21

Debt

€711k

-7.1% 18-21

Debt ≤ 1y

€318k

-16.4% 18-21

Debt > 1y

€332k

0.0% 18-21

Current ratio

2.30

+12.2% 18-21

Quick ratio

1.91

+10.7% 18-21

Solvency

15.6%

+10.3% 18-21

Debt / equity

5.39

+105.4% 18-21

ROE

4.1%

- 18-21

ROA

0.6%

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	-
EBITDA	-
Net profit	€5k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€843k
Equity	€132k
Debt	€711k
of which ≤ 1y	€318k
of which > 1y	€332k
Working capital	€413k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	2.30
Quick ratio	1.91
Working capital ratio	49.0%
Solvency	15.6%
Debt / equity	5.39
Long-term debt ratio	2.52
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.6%
ROE	4.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €112k · 13.3% Current assets €731k · 86.7%

Equity & liabilities

Equity €132k · 15.7% Debt €711k · 84.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€843k
Fixed assets	21/28	€112k
Financial fixed assets	28	€112k
Current assets	29/58	€731k
Stocks & contracts in progress	3	€125k
Amounts receivable within one year	40/41	€201k
Cash & bank	54/58	€116
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€843k
Equity	10/15	€132k
Contributions / capital	10/11	€62k
Reserves	13	€153k
Accumulated profits (losses)	14	€-83k
Amounts payable	17/49	€711k
Amounts payable after one year	17	€332k
Amounts payable within one year	42/48	€318k
Trade debts payable within one year	44	€192k
Income statement
Gross operating margin	9900	€-6k
Operating result	9901	€-8k
Financial income	75	€22k
Financial charges	65	€8k
Result before taxes	9903	€5k
Net result for the period	9904	€5k
Result to be appropriated	9905	€5k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	GREGORY WILKIN AMERIKALEI 187/101, 2000 ANTWERPEN 1 ↔ Also on 98 other cases	22-12-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Real estate activities(68121)
Legal form	Public limited company(014)
Incorporation	12-04-2000
Status	Active
Postal code	2000
First BS signal	28-12-2022
Latest BS signal	28-12-2022

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

Meirbrug 1, 2000 Antwerpen

Verhuur van woningen, exclusief sociale woningen

since 20002.242.382.157

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11803C2249/00C000	Flanders	614 m²	1 · 334 m²	39.5 m · 11 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

28-12-2022

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · D.P. DEVELOPMENT NV MEIRBRUG 1/35, 2000 ANTWERPEN 1 · event 22-12-2022

22-07-2022