Active BE 0466.274.941Private limited company

DD PROJECTS

Mijnwerkerslaan 19 ·3550 Heusden-Zolder, Belgium· 27 yrs active

Sector: Joinery installation (43320)

Conclusion Checked

DD PROJECTS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €527k and a net result of €2k. Its solvency ranks better than 46% of 999 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€527k
Net result	€2k
Staff (FTE)	10.8
Better than sector	46%

Financial profile 5 of 5 axes measured · computed by Checked

62 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 74

Profitability 2

Solvency 57

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1999, 27 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

74 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview25 NBB filings

Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · abbreviated schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	32.6%	35.4%	better than 46% of 999 sector peers
Net result	€2k	€31k	better than 23% of 998 sector peers
Equity	€527k	€122k	better than 81% of 999 sector peers
Gross operating margin	€619k	€174k	better than 80% of 998 sector peers
Staff costs	€567k	€196k	higher than 80% of 625 sector peers

EBITDA

€37k

+6.1% 23-24

Net profit

€2k

+77.6% 23-24

Cash flow

€11k

+10.2% 23-24

Total assets

€1.62M

+9.9% 23-24

Equity

€527k

+0.4% 23-24

Working capital

€283k

-1.5% 23-24

Employees (FTE)

11

-13.6% 23-24

Staff costs

€567k

-4.5% 23-24

Income taxes

€8k

+1.0% 23-24

Debt

€1.09M

+15.1% 23-24

Debt ≤ 1y

€1.06M

+12.4% 23-24

Debt > 1y

€21k

- 23-24

Current ratio

1.27

-2.9% 23-24

Quick ratio

1.02

-2.3% 23-24

Solvency

32.6%

-8.6% 23-24

Debt / equity

2.07

+14.6% 23-24

ROE

0.4%

+76.8% 23-24

ROA

0.1%

+61.6% 23-24

Interest coverage

1.97

+3.0% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	abbreviated schema
Revenue	-
EBITDA	€37k
Net profit	€2k
Cash flow	€11k
Staff costs	€567k
Income taxes	€8k
Dividends	-
Total assets	€1.62M
Equity	€527k
Debt	€1.09M
of which ≤ 1y	€1.06M
of which > 1y	€21k
Working capital	€283k
Employees (FTE)	10.8

Ratios (computed)

	2024
Current ratio	1.27
Quick ratio	1.02
Working capital ratio	17.5%
Solvency	32.6%
Debt / equity	2.07
Long-term debt ratio	0.04
Interest coverage	1.97
Gross margin	-
Net margin	-
ROA	0.1%
ROE	0.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €269k · 16.7% Current assets €1.35M · 83.3%

Equity & liabilities

Equity €527k · 32.6% Debt €1.09M · 67.4%

Full annual accounts (25 line items)

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

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.62M
Fixed assets	21/28	€269k
Tangible fixed assets	22/27	€266k
Financial fixed assets	28	€3k
Current assets	29/58	€1.35M
Stocks & contracts in progress	3	€260k
Amounts receivable within one year	40/41	€1.03M
Cash & bank	54/58	€32k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.62M
Equity	10/15	€527k
Contributions / capital	10/11	€19k
Reserves	13	€463k
Accumulated profits (losses)	14	€44k
Amounts payable	17/49	€1.09M
Amounts payable after one year	17	€21k
Amounts payable within one year	42/48	€1.06M
Trade debts payable within one year	44	€796k
Income statement
Gross operating margin	9900	€619k
Operating result	9901	€29k
Financial income	75	€618
Financial charges	65	€19k
Result before taxes	9903	€11k
Income taxes	67/77	€8k
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

Legal Structure

NACE primary	Joinery installation(43320)
Legal form	Private limited company(610)
Incorporation	22-06-1999
Status	Active
Postal code	3550

Establishment units 1 location

Mijnwerkerslaan 19, 3550 Heusden-Zolder

NACE 2030102

since 19992.091.742.741

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71065A0205/00X014	Flanders	4,051 m²	1 · 1,438 m²	6.7 m · 2 fl.

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.

Updates 10 events

All 10Filings 10

2025

18-07