Financials
- Financial year
- 2025
- Turnover
- €61.5m
- Loss
- -€33.5m
- Solvency
- -149.6%
Turnover▼ 13.4%
Net result
20202025
DCA INFRA
ActiveThe file of DCA INFRA contains 3 judicial reorganisation notices, as published in the Belgian Official Gazette.
Summary
The computed 12-month bankruptcy probability is at least 25% (high). The 2025 annual accounts show negative equity (-€23.9m) and a net result of -€33.5m. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 5% of 377 sector peers (NACE 42, financial year 2025).
Overview
Activity
Construction of roads and motorways
NACE 42110
2nd largest employer in Beerse, Construction sector1 site
Size
€61.5mturnover 2025
- Staff
- 208.4 FTE
- Equity
- -€23.9m
- Loss
- -€33.5m
Why 6raises riskReorganisation plan being carried out (approved, Gazette 05-06-2026)Liquidity: current ratio 0.34, cash €5,575, halvedLatest accounts 102 days late; 1 of the last 3 lateNegative equity -€23.9mShow the evidence
Checked score
Score 2025
6
/ 100
Critical
Probability in this band: over 15.0%
Financially better than 13% of its sector peers (NACE 42, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
0-45
equity -149.6% of total assets
Liquidity
0-8
short-term debt 241.4% · cash 0.0%
Profitability
66-4
return on assets -210.3%
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.8%
12-2024: 1.8%● unchanged vs 11-2024
01-2025: 1.8%● unchanged vs 12-2024
02-2025: 1.7%▼ -0.1 percentage points vs 01-2025
03-2025: 1.8%▲ +0.1 percentage points vs 02-2025
04-2025: 1.7%▼ -0.1 percentage points vs 03-2025
05-2025: 2.1%▲ +0.4 percentage points vs 04-2025
06-2025: 0.8%▼ -1.3 percentage points vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025lowest value
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
07-2026: 15.3%
08-2026: 15.6%▲ +0.3 percentage points vs 07-2026
09-2026: ≥ 25%▲ +20.3 percentage points vs 08-2026highest value
10-2026: ≥ 25%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.34, compared with 0.46 in 2024, below 1; short-term debt: 241.4% and cash: 0% of total assets), and equity is negative.
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 42, medium-sized): better than 1% on solvency, 1% on liquidity, 42% on profitability and 7% on growth.
The bankruptcy probability was computed on 22-10-2026 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 risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2021232425
2020 to 2025 · latest year -€23.9m
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-08-2026, 102 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filingsDeviation from the deadline
2025
102 days late
2024
7 days late
2023
27 days early
2021
6 days early
2020
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 21 days after the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 May (3 of the last 3 filed years within 95 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end23-10-2026 today30-04-2027 deadline
- Amendment of the articlesPower of attorney
- Annual accounts filedfinancial year 2025 · full…
- Resignations: BV Vrancken Bedrijfsbeheer (bestuurder) and…Permanent representatives: Franciscus Vrancken, Luc…
Key points
- Risk: Negative equityfinancial year 2025: debts exceed assets -€23.9m View
- Caution: From profit to loss in 2025after €3.6m in 2024 -€33.5m View
- Caution: Among the weakest 5% on solvencysector median 40.1% · 377 companies -149.6% View
- Caution: Board changedlatest change 05-06-2026 · 2 in office 2 joined · 2 left View
- Caution: Latest accounts filed lateafter the legal deadline 102 days View
- Controlled by Eurocon Infraultimately: Eurocon Investments - Eurocon… 99.97% View
By topic
Board & ownership
- Board
- 2 members
- Parent
- Eurocon Infra · 99.97%
- Auditor
- GRANT THORNTON BEDRIJFSREVISOREN -…
- Infra-MDirector
- RUMILIDirector
Network & group
- Group
- Eurocon Investments - Eurocon…
- Subsidiaries
- 1
- Holdings
- 3
- Connected companies
- 2
3 holdings
Timeline
- Events
- 20
- Since
- 2021
- Next accounts
- by 30-04-2027
- 05-06-2026Plan homologation
- 11-05-2026Extension
- 10-04-2026Opening
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Construction of roads and motorwaysNACE 42110
- Founded
- 23-10-2019
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 6
- Financial year
- From 1 January to 31 December
- Annual meeting
- First Friday of April at 15:00
- Purpose
- “Het uitvoeren van werken in onroerende staat in de meest ruime zin. Dit omvat alle vormen…” (deed in Dutch)
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