Dune Construct
ActiveSummary
Dune Construct has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27k and a net result of €23k. Its solvency ranks better than 18% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes
Profitability71
Solvency28
Growth-
Track record79
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.02; short-term debt: 97.5% and cash: 49.7% of total assets), and 97.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
2.5%
Return on assets
2.1%
Age of the figures
24 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9715 sector peers (2024).
NBB · sector comparisonPosition among 9715 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€27k
Total assets
€1.09M
Net result
€23k
Working capital
€24k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €1.09M
Fixed assets
€3k
Current assets
€1.08M
Equity and liabilities €1.09M
Equity
€27k
Debt
€1.06M
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€40k
Cash flow
€26k
Current ratio
1.02
Quick ratio
0.72
Debt to equity
39.00
ROE
85.3%
ROA
2.1%
Interest coverage
9.20
Debt ≤ 1 year
€1.06M
Income taxes
€10k
Filed annual accounts As filed with the NBB · 2024 · 41 lines
Balance sheet
Code2024
Assets
Total assets20/58€1.09M
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Plant, machinery and equipment23€3k
Current assets29/58€1.08M
Stocks and contracts in progress3€320k
Contracts in progress37€320k
Amounts receivable within one year40/41€203k
Trade receivables40€109k
Other amounts receivable41€94k
Cash at bank and in hand54/58€539k
Deferred charges and accrued income490/1€20k
Equity and liabilities
Total equity and liabilities10/49€1.09M
Equity10/15€27k
Contributions10/11€4k
Reserves13€23k
Distributable reserves133€23k
Amounts payable17/49€1.06M
Amounts payable within one year42/48€1.06M
Trade debts44€361k
Suppliers440/4€361k
Advances received on contracts in progress46€121k
Taxes, remuneration and social security45€77k
Taxes450/3€77k
Other amounts payable47/48€498k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€22k
Gross operating margin9900€62k
Operating profit (loss)9901€37k
Financial income75/76B€611
Recurring financial income75€611
Financial charges65/66B€4k
Recurring financial charges65€4k
Profit (loss) for the period before taxes9903€33k
Income taxes67/77€10k
Profit (loss) for the period9904€23k
Profit (loss) for the period to be appropriated9905€23k
Appropriation of the result
Profit (loss) to be appropriated9906€23k
Transfer to equity691/2€23k
To other reserves6921€23k
Social balance
Average headcount (FTE)90870.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k |
| Other operating charges640/8 | €22k |
| Gross operating margin9900 | €62k |
| Operating profit (loss)9901 | €37k |
| Financial income75/76B | €611 |
| Recurring financial income75 | €611 |
| Financial charges65/66B | €4k |
| Recurring financial charges65 | €4k |
| Profit (loss) for the period before taxes9903 | €33k |
| Income taxes67/77 | €10k |
| Profit (loss) for the period9904 | €23k |
| Profit (loss) for the period to be appropriated9905 | €23k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.09M | |
| Fixed assets21/28 | €3k | |
| Tangible fixed assets22/27 | €3k | |
| Plant, machinery and equipment23 | €3k | |
| Current assets29/58 | €1.08M | |
| Stocks and contracts in progress3 | €320k | |
| Contracts in progress37 | €320k | |
| Amounts receivable within one year40/41 | €203k | |
| Trade receivables40 | €109k | |
| Other amounts receivable41 | €94k | |
| Cash at bank and in hand54/58 | €539k | |
| Deferred charges and accrued income490/1 | €20k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.09M | |
| Equity10/15 | €27k | |
| Contributions10/11 | €4k | |
| Reserves13 | €23k | |
| Distributable reserves133 | €23k | |
| Amounts payable17/49 | €1.06M | |
| Amounts payable within one year42/48 | €1.06M | |
| Trade debts44 | €361k | |
| Suppliers440/4 | €361k | |
| Advances received on contracts in progress46 | €121k | |
| Taxes, remuneration and social security45 | €77k | |
| Taxes450/3 | €77k | |
| Other amounts payable47/48 | €498k | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €23k |
| + Depreciation and write-downs630 | €3k |
| Operating cash flow (approximation) | €26k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 17-09-2026
- Registered-office move, Kruinweg(Odk) 22, 8670 Koksijde
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
State Gazette actNBB filing
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2023
Ground area
1,735 m²
Building footprint
552 m²
Volume, LiDAR
4,833 m³
2 parcels, Flanders · tallest building 18.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Dune Construct
since 20232.341.784.193
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018A0448/00F000 | Flanders | 942 m² | 1 · 253 m² | 0.9 m |
| 44815F2048/00V002 | Flanders | 794 m² | 1 · 299 m² | 18.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,196 EUR awarded · 43 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,196 EUR | 43 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,411 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-02-2023
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.