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Private limited companyfounded 2016active for 10 yearsJakob Reyvaertstraat 55, 8380 Brugge, BelgiumKBO/BCE: BE 0650.761.815

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 27-10-2026 at the NBB all 10 filings

Equity
€36,891▼ 23.3%
2025 · €48,087
Net result
€38,804▲ 40.9%
2025 · €27,544
Total assets
€113,734▲ 11.2%
2025 · €102,284
Solvency
32.4%▼ 14.6pp
2025 · 47.0%
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

The operating result for 2026 is 32% higher than in 2025 and the highest since 2022. It is the second rise in a row, after the fall in 2024.

Operating result€56,779 2026 Net result€38,804 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€48,886--€14,343€22,799€15,052▼ 34.0%€36,093▲ 140%€33,654▼ 6.8%€42,960▲ 27.7%€56,779▲ 32.2%
Net result€36,051--€14,776€17,075within the sector's middle half€9,219within the sector's middle half▼ 46.0%€27,428within the sector's middle half▲ 198%€22,460within the sector's middle half▼ 18.1%€27,544within the sector's middle half▲ 22.6%€38,804▲ 40.9%
Equity€55,737-€40,961▼ 26.5%€44,236within the sector's middle half▲ 8.0%€30,655below the sector's middle half▼ 30.7%€43,083within the sector's middle half▲ 40.5%€20,543below the sector's middle half▼ 52.3%€48,087within the sector's middle half▲ 134%€36,891▼ 23.3%
Total assets€125,523-€114,558▼ 8.7%€125,160below the sector's middle half▲ 9.3%€112,625below the sector's middle half▼ 10.0%€141,925within the sector's middle half▲ 26.0%€127,304within the sector's middle half▼ 10.3%€102,284below the sector's middle half▼ 19.7%€113,734▲ 11.2%
Debt€69,786-€73,597▲ 5.5%€80,925▲ 10.0%€81,970▲ 1.3%€98,842▲ 20.6%€106,761▲ 8.0%€54,197▼ 49.2%€76,843▲ 41.8%
Working capital€41,759-€14,481▼ 65.3%€30,136within the sector's middle half▲ 108%€12,952within the sector's middle half▼ 57.0%€20,054within the sector's middle half▲ 54.8%-€614within the sector's middle half€33,331within the sector's middle half€27,555▼ 17.3%
Solvency44.4%-35.8%▼ 8.6pp35.3%within the sector's middle half▼ 0.4pp27.2%within the sector's middle half▼ 8.1pp30.4%within the sector's middle half▲ 3.1pp16.1%below the sector's middle half▼ 14.2pp47.0%within the sector's middle half▲ 30.9pp32.4%▼ 14.6pp
Current ratio1.93-1.27▼ 0.661.46within the sector's middle half▲ 0.191.17within the sector's middle half▼ 0.281.21within the sector's middle half▲ 0.030.99within the sector's middle half▼ 0.211.61within the sector's middle half▲ 0.621.36▼ 0.26
Return on assets (ROA)28.7%--12.9%▼ 41.6pp13.6%within the sector's middle half▲ 26.5pp8.2%within the sector's middle half▼ 5.5pp19.3%within the sector's middle half▲ 11.1pp17.6%within the sector's middle half▼ 1.7pp26.9%within the sector's middle half▲ 9.3pp34.1%▲ 7.2pp
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €113,734
Fixed assets €9,336 ▼ 36.7%
Current assets €104,398 ▲ 19.3%
Equity and liabilities €113,734
Equity €36,891 ▼ 23.3%
Debt €76,843 ▲ 41.8%
Debt's share of the balance-sheet total rises from 53.0% to 67.6%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
ROE
105.2%▲
2025 · 57.3%
Debt ≤ 1 year
€76,843▲
2025 · €54,197
Income taxes
€14,932▲
2025 · €11,326
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item31-03-202231-03-202331-03-202431-03-202531-03-2026
Tangible fixed assets€1,686€6,770€2,758€1,014-
Depreciation and write-downs of the year€5,441€6,402€7,593€5,507€5,421

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as D’S: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €103,000 and €142,000, founded in 2016.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
D’S Brugge2016€113,734€36,891€63,499€38,8042026
GVG Harelbeke2016€118,673€18,686€61,963€33,4862025
TIPSY CAKE Knokke-Heist2016€134,880€87,597€61,876€20,5302025
TRITICUM Zedelgem2016€141,820€95,258€61,477€34,1212025
INDULED Brugge2016€108,603€44,664€51,906€25,5352025
A Little Company Tessenderlo-Ham2016€116,139€107,735€60,795€48,8862025
CHARLOTTE ROMBAUT Aalter2016€103,495€18,600€69,857€41,1052025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 44 lines

Source: Annual accounts 2026 at the NBB, filed on 27-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€102,284€113,734▲
Fixed assets21/28€14,757€9,336▼
Tangible fixed assets22/27€14,757€9,336▼
Plant, machinery and equipment23€9,683€6,539▼
Furniture and vehicles24€5,073€2,797▼
Current assets29/58€87,528€104,398▲
Amounts receivable within one year40/41€78,365€87,776▲
Trade receivables40€44,483€31,641▼
Other amounts receivable41€33,882€56,134▲
Cash at bank and in hand54/58€5,015€14,831▲
Deferred charges and accrued income490/1€4,148€1,792▼
Equity and liabilities
Total equity and liabilities10/49€102,284€113,734▲
Equity10/15€48,087€36,891▼
Contributions10/11€18,600€18,600=
Reserves13€29,487€18,291▼
Distributable reserves133€29,487€18,291▼
Amounts payable17/49€54,197€76,843▲
Amounts payable within one year42/48€54,197€76,843▲
Financial debts43€7,060€7,048▼
Credit institutions430/8€7,060€7,048▼
Trade debts44€10,865€8,171▼
Suppliers440/4€10,865€8,171▼
Taxes, remuneration and social security45€14,743€8,855▼
Taxes450/3€13,743€8,855▼
Remuneration and social security454/9€1,000-
Other amounts payable47/48€21,528€52,769▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,507€5,421▼
Other operating charges640/8€1,686€1,299▼
Gross operating margin9900€50,153€63,499▲
Operating profit (loss)9901€42,960€56,779▲
Financial income75/76B€605€978▲
Recurring financial income75€605€978▲
Financial charges65/66B€4,694€4,020▼
Recurring financial charges65€4,694€4,020▼
Profit (loss) for the period before taxes9903€38,870€53,736▲
Income taxes67/77€11,326€14,932▲
Profit (loss) for the period9904€27,544€38,804▲
Profit (loss) for the period to be appropriated9905€27,544€38,804▲
Appropriation of the result
Profit (loss) to be appropriated9906€27,544€38,804▲
Transfer from equity791/2-€11,196
Transfer to equity691/2€27,544-
To other reserves6921€27,544-
Profit to be distributed694/7-€50,000
Return on contributions (dividend)694-€50,000

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,394€18,248€20,017€5,441€6,402€7,593€5,507€5,421▼ 1.6%
Other operating charges640/8---€5,406€2,313€2,296€1,686€1,299▼ 22.9%
Gross operating margin9900€67,594€5,954€46,036€25,899€44,807€43,543€50,153€63,499▲ 26.6%
Operating profit (loss)9901€48,886-€14,343€22,799€15,052€36,093€33,654€42,960€56,779▲ 32.2%
Financial income75/76B---€522€596€647€605€978▲ 61.7%
Recurring financial income75€920€1,439€1,507€522€596€647€605€978▲ 61.7%
Financial charges65/66B---€1,141€2,590€4,064€4,694€4,020▼ 14.4%
Recurring financial charges65€1,450€1,174€931€1,141€2,590€4,064€4,694€4,020▼ 14.4%
Profit (loss) for the period before taxes9903€48,356-€14,078€23,374€14,432€34,099€30,237€38,870€53,736▲ 38.2%
Income taxes67/77€12,305€698€6,299€5,213€6,670€7,776€11,326€14,932▲ 31.8%
Profit (loss) for the period9904€36,051-€14,776€17,075€9,219€27,428€22,460€27,544€38,804▲ 40.9%
Profit (loss) for the period to be appropriated9905€36,051-€14,776€17,075€9,219€27,428€22,460€27,544€38,804▲ 40.9%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€125,523€114,558€125,160€112,625€141,925€127,304€102,284€113,734▲ 11.2%
Fixed assets21/28€39,018€46,974€29,380€25,625€25,993€21,157€14,757€9,336▼ 36.7%
Tangible fixed assets22/27€39,018€46,974€29,380€25,625€25,993€21,157€14,757€9,336▼ 36.7%
Plant, machinery and equipment23---€15,829€13,220€12,844€9,683€6,539▼ 32.5%
Furniture and vehicles24---€9,796€12,773€8,314€5,073€2,797▼ 44.9%
Current assets29/58€86,505€67,584€95,781€87,000€115,933€106,147€87,528€104,398▲ 19.3%
Amounts receivable within one year40/41€52,975€36,028€63,977€77,071€93,382€77,135€78,365€87,776▲ 12.0%
Trade receivables40---€28,654€52,060€39,190€44,483€31,641▼ 28.9%
Other amounts receivable41---€48,417€41,322€37,945€33,882€56,134▲ 65.7%
Cash at bank and in hand54/58€31,682€22,546€13,004€6,442€19,596€22,198€5,015€14,831▲ 196%
Deferred charges and accrued income490/1---€3,487€2,955€6,814€4,148€1,792▼ 56.8%
Equity and liabilities
Total equity and liabilities10/49€125,523€114,558€125,160€112,625€141,925€127,304€102,284€113,734▲ 11.2%
Equity10/15€55,737€40,961€44,236€30,655€43,083€20,543€48,087€36,891▼ 23.3%
Contributions10/11€12,400--€18,600€18,600€18,600€18,600€18,600=
Reserves13€43,337€28,561€25,636€12,055€24,483€1,943€29,487€18,291▼ 38.0%
Non-distributable reserves130/1---€1,860€1,860----
Reserves not available under the articles1311---€1,860€1,860----
Distributable reserves133---€10,195€22,623€1,943€29,487€18,291▼ 38.0%
Amounts payable17/49€69,786€73,597€80,925€81,970€98,842€106,761€54,197€76,843▲ 41.8%
Amounts payable after more than one year17€24,890€20,494€15,280€7,922€2,964----
Financial debts170/4---€7,922€2,964----
Amounts payable within one year42/48€44,746€53,103€65,645€74,047€95,879€106,761€54,197€76,843▲ 41.8%
Current portion of amounts payable after more than one year42---€7,358€4,959€2,964---
Financial debts43---€7,022€7,041€7,069€7,060€7,048▼ 0.2%
Credit institutions430/8---€7,022€7,041€7,069€7,060€7,048▼ 0.2%
Trade debts44€4,091€16,932€25,476€16,427€41,453€20,468€10,865€8,171▼ 24.8%
Suppliers440/4---€16,427€41,453€20,468€10,865€8,171▼ 24.8%
Taxes, remuneration and social security45---€16,359€9,203€19,233€14,743€8,855▼ 39.9%
Taxes450/3---€13,859€9,203€16,733€13,743€8,855▼ 35.6%
Remuneration and social security454/9---€2,500-€2,500€1,000--
Other amounts payable47/48---€26,882€33,223€57,026€21,528€52,769▲ 145%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€36,051-€14,776€17,075€9,219€27,428€22,460€27,544€38,804▲ 40.9%
+ Depreciation and write-downs630€16,394€18,248€20,017€5,441€6,402€7,593€5,507€5,421▼ 1.6%
Operating cash flow (approximation)€52,445€3,472€37,092€14,660€33,830€30,054€33,051€44,225▲ 33.8%
Investment in fixed assets (approximation)--€26,204-€2,423-€1,686-€6,770-€2,758€893€0▼ 100%
Change in cash--€9,136-€9,542-€6,562€13,154€2,602-€17,183€9,816-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference Document
31-03-2026 micro format 27-10-2026 2026-00569276 NBB
31-03-2025 micro format 28-10-2025 2025-00550903 PDF
31-03-2024 micro format 29-10-2024 2024-00517625 PDF
31-03-2023 micro format 30-10-2023 2023-00496458 PDF
31-03-2022 micro format 29-09-2022 2022-20439705 PDF
31-03-2021 micro format 27-10-2021 2021-73800302 PDF
31-03-2020 micro format 27-10-2020 2020-63900129 PDF
31-03-2019 micro format 02-10-2019 2019-68200021 PDF
31-03-2018 micro format 25-10-2018 2018-70100389 PDF
31-03-2017 micro format 28-09-2017 2017-63500500 PDF

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