Active BE 0420.955.551Private limited company

DPA Projects

Gentstraat 58 ·8760 Tielt, Belgium· 45 yrs active

Sector: Algemene bouw van residentiële gebouwen (41001)

Conclusion Checked

The KBO register records legal situation 050 for DPA Projects (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €1.12M and a net result of €12k.

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

Key figures

Equity	€1.12M
Net result	€12k
Staff (FTE)	12.6
Better than sector	30%

Snowflake analysis 5 of 5 axes measured · computed by Checked

19 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 5

Solvency 38

Growth 52

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

0 / 100

Low riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 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.

Administrative Flags 0 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.

Health barometer FY 2020 · computed

0 / 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 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 09-09-2021 with the NBB · fiscal year 2020 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 41, Construction of buildings · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	15.5%	26.1%	better than 30% of 134 sector peers
Net result	€12k	€12k	better than 50% of 135 sector peers
Equity	€1.12M	€186k	better than 90% of 135 sector peers
Gross operating margin	€1.08M	€222k	better than 88% of 135 sector peers
Employees (FTE)	12.6	5.0	better than 79% of 94 sector peers

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

EBITDA

€197k

-61.2% 18-20

Net profit

€12k

-63.1% 18-20

Cash flow

€101k

+4.2% 18-20

Total assets

€7.24M

+100.0% 18-20

Equity

€1.12M

+1.1% 18-20

Working capital

€-1.42M

- 18-20

Employees (FTE)

13

+500.0% 18-20

Income taxes

€27k

+15.6% 18-20

Debt

€6.12M

+143.6% 18-20

Debt ≤ 1y

€4.44M

+86.2% 18-20

Debt > 1y

€1.69M

+1274.4% 18-20

Current ratio

0.68

-53.5% 18-20

Quick ratio

0.45

-67.5% 18-20

Solvency

15.5%

-49.5% 18-20

Debt / equity

1.51

+1259.6% 18-20

ROE

1.1%

-63.4% 18-20

ROA

0.2%

-81.5% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	verkort
Revenue	-
EBITDA	€197k
Net profit	€12k
Cash flow	€101k
Staff costs	-
Income taxes	€27k
Dividends	-
Total assets	€7.24M
Equity	€1.12M
Debt	€6.12M
of which ≤ 1y	€4.44M
of which > 1y	€1.69M
Working capital	€-1.42M
Employees (FTE)	12.6

Ratios (computed)

	2020
Current ratio	0.68
Quick ratio	0.45
Working capital ratio	-19.6%
Solvency	15.5%
Debt / equity	1.51
Long-term debt ratio	1.51
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.2%
ROE	1.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €3.38M · 52.9% Current assets €3.02M · 47.1%

Equity & liabilities

Equity €1.12M · 15.5% Debt €6.12M · 84.5%

Full annual accounts

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

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€7.24M
Fixed assets	21/28	€3.38M
Formation expenses	20	€839k
Intangible fixed assets	21	€20k
Tangible fixed assets	22/27	€3.36M
Financial fixed assets	28	€1k
Current assets	29/58	€3.02M
Stocks & contracts in progress	3	€1.00M
Amounts receivable within one year	40/41	€1.47M
Cash & bank	54/58	€50k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€7.24M
Equity	10/15	€1.12M
Reserves	13	€108k
Accumulated profits (losses)	14	€12k
Amounts payable	17/49	€6.12M
Amounts payable after one year	17	€1.69M
Amounts payable within one year	42/48	€4.44M
Trade debts payable within one year	44	€594k
Income statement
Gross operating margin	9900	€1.08M
Operating result	9901	€107k
Financial income	75	€34
Financial charges	65	€68k
Result before taxes	9903	€40k
Income taxes	67/77	€27k
Net result for the period	9904	€12k
Result to be appropriated	9905	€12k

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Ratios computed by Checked.

Legal Structure

NACE primary	Algemene bouw van residentiële gebouwen(41001)
Legal form	Private limited company(610)
Incorporation	04-12-1980
Status	Active
Postal code	8760

Establishment units 1 location

De Poorter Aluminium

Gentstraat 58, 8760 TieltVervaardiging van metalen deuren en vensters

since 20202.306.251.115

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.
37322D0048/00S000	Flanders	3,357 m²	-	-

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 10 events

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

2021

09-09-2021