D.S.Camel
ActiveSummary
The computed 12-month bankruptcy probability of D.S.Camel is 2.4% (moderate). The 2025 annual accounts show equity of €180k and a net result of €149k. Equity is growing by ~80.1% 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
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency95▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 2.13 in 2024; short-term debt: 28.9% and cash: 26.4% of total assets), and 30.1% of the assets are financed with debt.
Credit advice 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 · 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
69.9%
Return on assets
57.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
27 d late
2024
25 d late
2023
72 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▲ 251%
2024 · €51k
2022: €27k
2023: €30k
2024: €51k
2022 → 2025
Total assets
€257k▲ 173%
2024 · €94k
2022: €48k
2023: €53k
2024: €94k
2022 → 2025
Net result
€149k▲ 124%
2024 · €66k
2022: €24k
2023: €3k
2024: €66k
2022 → 2025
Working capital
€181k▲ 274%
2024 · €49k
2022: €19k
2023: €27k
2024: €49k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€27k-€30k▲ 11.7%€51k▲ 71.9%€180k▲ 251%
Operating result€32k-€8k▼ 75.8%€91k▲ 1,087%€198k▲ 117%
Net result€24k-€3k▼ 87.1%€66k▲ 2,032%€149k▲ 124%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 117% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €257k
Fixed assets
€1k ▼ 46.8%
Current assets
€256k ▲ 179%
Equity and liabilities €257k
Equity
€180k ▲ 251%
Debt
€78k ▲ 80.2%
Debt's share of the balance-sheet total falls from 45.6% to 30.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€199k▲
2024 · €92k
Cash flow
€150k▲
2024 · €68k
Current ratio
3.44▲
2024 · 2.13
Debt to equity
0.43▼
2024 · 0.84
ROE
82.6%▼
2024 · 129.6%
ROA
57.7%▼
2024 · 70.5%
Interest coverage
439.55▲
2024 · 138.91
Debt ≤ 1 year
€74k▲
2024 · €43k
Income taxes
€49k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€94k€257k▲
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€722-
Other tangible fixed assets26€2k€1k▼
Current assets29/58€92k€256k▲
Amounts receivable within one year40/41€56k€188k▲
Other amounts receivable41€56k€188k▲
Cash at bank and in hand54/58€31k€68k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€94k€257k▲
Equity10/15€51k€180k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€49k€177k▲
Amounts payable17/49€43k€78k▲
Amounts payable within one year42/48€43k€74k▲
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45€33k€69k▲
Taxes450/3€33k€69k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€497€775▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€95k€200k▲
Operating profit (loss)9901€91k€198k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€665€452▼
Recurring financial charges65€665€452▼
Profit (loss) for the period before taxes9903€90k€197k▲
Income taxes67/77€24k€49k▲
Profit (loss) for the period9904€66k€149k▲
Profit (loss) for the period to be appropriated9905€66k€149k▲
Appropriation of the result
Profit (loss) to be appropriated9906€94k€197k▲
Profit (loss) brought forward from the previous period14P€27k€49k▲
Profit to be distributed694/7€45k€20k▼
Return on contributions (dividend)694€45k-
Directors or managers695-€20k
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Highest result since 2022net €149k ▲124%
Operating result €198k, net result €149k, both a record.
31-12
Financial
Equity above €150kEq €180k ▲251%
4 profitable years in a row build equity to €180k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
31-12
Financial
Weakest financial yearnet €3k ▼87.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
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, Herstal · 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.
Rue Rogivaux 104040 HerstalGround area
558 m²
Building footprint
158 m²
Volume, LiDAR
1,095 m³
Parcel 62314F0346/00C006, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D.S.Camel
since 20222.330.460.038
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62314F0346/00C006 | Wallonia | 558 m² | 1 · 157 m² | 8.3 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
Founded23-02-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.