DBR CONSTRUCT

Inactive

Private limited companyfounded 2017Sart d'Avette 140, 4400 Flémalle, BelgiumKBO/BCE: BE 0668.873.990

No longer registered with the KBO since 19-08-2026; last annual accounts for fiscal year 2025.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 818 sector peers (2025).

NBB · sector comparison

Position among 818 sector peers

Solvency

better than 16%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-04-2026, 109 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

109 d early

2024

126 d late

2023

74 d early

2022

28 d early

2021

2 d early

2020

78 d early

2019

63 d late

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 deadline

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, full schema

Turnover

€0

EBIT margin

Not included in this filing

Net result

€283k

2024 · €-257k

2018: €27k 2019: €13k 2020: €60k 2021: €32k 2022: €116k 2023: €220k 2024: €-257k

2018 → 2025

Working capital

€-368k▲ 46.0%

2024 · €-682k

2018: €-2k 2019: €19k 2020: €-35k 2021: €10k 2022: €665k 2023: €-403k 2024: €-682k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€0

Equity€149k-€265k▲ 77.9%€484k▲ 83.0%€228k▼ 52.8%€511k▲ 124%

Operating result€64k-€192k▲ 200%€316k▲ 64.1%€4k▼ 98.9%€549k▲ 15,209%

Net result€32k-€116k▲ 267%€220k▲ 89.6%€-257k€283k

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 15,209% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €5.07M

46.7%

53.3%

Fixed assets €2.37M▼ 5.9%

Current assets €2.71M▼ 14.1%

Equity and liabilities €5.07M

10%

89.9%

Equity €511k▲ 124%

Debt €4.56M▼ 16.1%

The debt ratio falls from 96.0% to 89.9%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.43M▲

2024 · €690k

Cash flow

€1.16M▲

2024 · €429k

Solvency

10.1%▲

2024 · 4.0%

Current ratio

0.88▲

2024 · 0.82

Quick ratio

0.85▲

2024 · 0.81

Debt / equity

8.92▼

2024 · 23.82

ROE

55.3%▲

2024 · -112.5%

ROA

5.6%▲

2024 · -4.5%

Interest coverage

5.88▲

2024 · 2.56

Debt

€4.56M▼

2024 · €5.44M

Debt ≤ 1 year

€3.08M▼

2024 · €3.83M

Debt > 1 year

€1.49M▼

2024 · €1.61M

Income taxes

€29k▲

2024 · €974

Staff costs

€1.70M▲

2024 · €1.65M

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€5.67M€5.07M▼

Fixed assets21/28€2.52M€2.37M▼

Tangible fixed assets22/27€2.52M€2.35M▼

Land and buildings22€489k€724k▲

Plant, machinery and equipment23€254k€164k▼

Furniture and vehicles24€242k€237k▼

Leasing and similar rights25€1.53M€1.23M▼

Assets under construction and advance payments27€6k€0▼

Financial fixed assets28€124€13k▲

Current assets29/58€3.15M€2.71M▼

Amounts receivable after more than one year29€0-

Other amounts receivable291€0-

Stocks and contracts in progress3€38k€85k▲

Stocks30/36€38k€85k▲

Amounts receivable within one year40/41€2.73M€2.23M▼

Trade receivables40€2.69M€2.15M▼

Other amounts receivable41€38k€79k▲

Current investments50/53€250k€250k=

Cash at bank and in hand54/58€122k€123k▲

Deferred charges and accrued income490/1€12k€22k▲

Equity and liabilities

Total equity and liabilities10/49€5.67M€5.07M▼

Equity10/15€228k€511k▲

Contributions10/11€12k€12k=

Reserves13€46k€46k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€44k€44k=

Profit (loss) carried forward14€170k€453k▲

Amounts payable17/49€5.44M€4.56M▼

Amounts payable after more than one year17€1.61M€1.49M▼

Financial debts170/4€1.61M€1.39M▼

Other amounts payable178/9-€100k

Amounts payable within one year42/48€3.83M€3.08M▼

Current portion of amounts payable after more than one year42€562k€696k▲

Financial debts43€575k€725k▲

Credit institutions430/8€575k€725k▲

Trade debts44€2.25M€1.27M▼

Suppliers440/4€2.25M€1.27M▼

Taxes, remuneration and social security45€193k€341k▲

Taxes450/3€19k€78k▲

Remuneration and social security454/9€174k€263k▲

Other amounts payable47/48€250k€46k▼

Accrued charges and deferred income492/3€0-

Income statement Code20242025

Remuneration, social security and pensions62€1.65M€1.70M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686k€879k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€282k€77k▼

Other operating charges640/8€71k€80k▲

Gross operating margin9900€2.69M€3.29M▲

Operating profit (loss)9901€4k€549k▲

Financial income75/76B€10k€5k▼

Recurring financial income75€10k€5k▼

Financial charges65/66B€269k€243k▼

Recurring financial charges65€269k€243k▼

Profit (loss) for the period before taxes9903€-256k€312k▲

Income taxes67/77€974€29k▲

Profit (loss) for the period9904€-257k€283k▲

Profit (loss) for the period to be appropriated9905€-257k€283k▲

Appropriation of the result

Profit (loss) to be appropriated9906€170k€453k▲

Profit (loss) brought forward from the previous period14P€427k€170k▼

Social balance

Average headcount (FTE)908733.634.7▲

The notes to these accounts (24 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

All 15Financial 5Gazette 1Filings 9

Next filing, fiscal year 2026, expected by 31-07-2027

2026

21-08

State Gazette act Statutes amendment · Legal-form change · Resignations & appointments

General meeting · Name change · Statutes amendment10 facts ▸

General meeting, 2026-08-13
Name change, DBR CONSTRUCT
Statutes amendment
Reserve release, Suppression du compte de capitaux propres statutairement indisponible et mise en disponibilité des fonds pour distribution
Corporate purpose, L’entreprise de construction, de bâtiments pour le gros-œuvre et la maçonnerie, et de manière générale, l’entreprise générale de construction... les activités d…
Capital
Director resignation, BLAVIER David (gérant)
Director discharge, BLAVIER David
Director reappointment, BLAVIER David (administrateur non statutaire)
Statutes amendment

13-04

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Back to profitnet €283k

Net result €283k after one loss-making year.

31-12

Financial Equity above €500kEq €511k ▲124%

Equity rises from €228k to €511k.

04-12

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 126 days late

2024

31-12

Financial Weakest financial yearnet €-257k ▼217%

Net result drops to €-257k, the lowest in the series.

18-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

03-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Equity above €200kEq €265k ▲77.9%

5 profitable years in a row build equity to €265k.

29-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

14-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Equity above €100kEq €117k ▲106%

3 profitable years in a row build equity to €117k.

02-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 63 days late

2019

11-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 72 days late

03-01

NBB filing Annual accounts filed

fiscal year 2017 · full schema · 156 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 directors, no change since 2026

BLAVIER David

Administrateur non statutaire

Current

13-08-2026 BLAVIER David: Resigned as Gérant

22-11-2017 Blavier Christian: Resigned as Managing director

Location & real-estate footprint

Registered office, Flémalle · 1 establishment unit since 2017

establishment approximate 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.

Sart d'Avette 1404400 Flémalle

Ground area

3,168 m²

Parcel 62007B1029/00A000, Wallonia. Linked by address, not a title deed.

1 establishment unit

DBR Construct

Sart d'Avette(AWR) 140, 4400 FlémalleGeneral construction of buildings

since 20172.271.360.611

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62007B1029/00A000	Wallonia	3,168 m²	-	-

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.

Structure & network

Connections & network

1 connected company

Network connections

EDBR

Shared address

→

Recognitions · licences · registrations

Recognised contractor

3 categories

DBR Construct SPRL SRL41340

category D1, class 1 · category D4, class 1 · category G5, class 1

decision 12-05-2021

Similar companies · same sector, comparable size

Anderlecht · Eq €512k

ROSEN Charles

BE 0444.431.234

Waimes · Eq €512k

Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 9,060 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-01-2017

Fiscal year end31-12

Legal name FR DBR Construct SPRL

Activities, NACEBEL

41001General construction of residential buildings

41002Construction of residential and non-residential buildings

41003General construction of other non-residential buildings

42211Civil engineering

42220Construction of utility projects for electricity and telecommunications

43110Demolition

43120Site preparation

43910Bricklaying and masonry work

43994Specialised construction activities

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.