D&S Ath Immo
ActiveThe computed 12-month bankruptcy probability of D&S Ath Immo is 2.8% (moderate). The 2025 annual accounts show equity of €58k and a net result of €39k. Equity is growing by ~195.5% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+5
Solvency36▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.22 in 2024; short-term debt: 8% and cash: 1.7% of total assets), and 88.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.2%
Return on assets
7.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-03-2026, 142 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
142 d early
2024
9 d early
2023
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€58k▲ 203%
2024 · €19k
2023: €-17k
2024: €19k
2023 → 2025
Total assets
€514k▼ 2.3%
2024 · €525k
2023: €539k
2024: €525k
2023 → 2025
Net result
€39k▲ 8.1%
2024 · €36k
2023: €-77k
2024: €36k
2023 → 2025
Working capital
€-32k▼ 32.8%
2024 · €-24k
2023: €-29k
2024: €-24k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-17k-€19k€58k▲ 203%
Operating result€-62k-€47k€49k▲ 4.1%
Net result€-77k-€36k€39k▲ 8.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €514k
Fixed assets
€505k▼ 2.7%
Current assets
€9k▲ 29.3%
Equity and liabilities €514k
Equity
€58k▲ 203%
Debt
€456k▼ 10.0%
The debt ratio falls from 96.4% to 88.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2024 · €61k
Cash flow
€52k▲
2024 · €50k
Solvency
11.2%▲
2024 · 3.6%
Current ratio
0.22▼
2024 · 0.22
Quick ratio
0.22▼
2024 · 0.22
Debt / equity
7.93▼
2024 · 26.68
ROE
67.0%▼
2024 · 187.9%
ROA
7.5%▲
2024 · 6.8%
Interest coverage
6.27▲
2024 · 5.55
Debt
€456k▼
2024 · €506k
Debt ≤ 1 year
€41k▲
2024 · €31k
Debt > 1 year
€415k▼
2024 · €475k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€525k€514k▼
Fixed assets21/28€518k€505k▼
Tangible fixed assets22/27€518k€505k▼
Land and buildings22€518k€505k▼
Current assets29/58€7k€9k▲
Cash at bank and in hand54/58€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€525k€514k▼
Equity10/15€19k€58k▲
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-41k€-2k▲
Amounts payable17/49€506k€456k▼
Amounts payable after more than one year17€475k€415k▼
Financial debts170/4€475k€415k▼
Amounts payable within one year42/48€31k€41k▲
Current portion of amounts payable after more than one year42€30k€40k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Accrued charges and deferred income492/3€387-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€593€619▲
Gross operating margin9900€61k€63k▲
Operating profit (loss)9901€47k€49k▲
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€36k€39k▲
Profit (loss) for the period9904€36k€39k▲
Profit (loss) for the period to be appropriated9905€36k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-2k▲
Profit (loss) brought forward from the previous period14P€-77k€-41k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €39k ▲8.1%
Operating result €49k, net result €39k, both a record.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Flobecq · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Planche 417880 FlobecqGround area
217 m²
Building footprint
187 m²
Volume, LiDAR
849 m³
Parcel 51019E0392/00C000, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D&S Ath Immo
since 20222.338.404.437
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51019E0392/00C000 | Wallonia | 217 m² | 1 · 187 m² | 5.9 m · 2 fl. |
Linked by address, not proof of ownership
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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-09-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:philippe.dupas@assurancesdescollines.be
Phone:+32495306651