D & S PAINT
ActiveSummary
D & S PAINT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96k and a net result of €-44k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 61% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-89
Solvency82▼-9
Growth40▼-45
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.88 in 2024; short-term debt: 43.1% and cash: 2.1% of total assets), and 43.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
56.9%
Return on assets
-25.8%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
200 d late
2022
31 d late
2021
61 d late
2020
54 d late
2019
419 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€283k▼ 30.8%
2024 · €409k
2023: €320k
2024: €409k▲ +27.9% vs 2023highest in 3 years
2025: €283k▼ -30.8% vs 2024lowest in 3 years
2023 → 2025
EBIT margin
-14.7%▼ 27.4pp
2024 · 12.7%
2023: -7.7%
2024: 12.7%▲ +265% vs 2023highest in 3 years
2025: -14.7%▼ -216% vs 2024lowest in 3 years
2023 → 2025
Net result
€-44k
2024 · €48k
2018: €10k
2019: €20k▲ +92.4% vs 2018
2020: €19k▼ -4.7% vs 2019
2021: €16k▼ -14.3% vs 2020
2022: €-26k▼ -264% vs 2021
2023: €-25k▲ +4.4% vs 2022
2024: €48k▲ +289% vs 2023highest in 8 years
2025: €-44k▼ -192% vs 2024lowest in 8 years
2018 → 2025
Working capital
€84k▼ 38.5%
2024 · €136k
2018: €85k
2019: €104k▲ +23.2% vs 2018
2020: €124k▲ +18.6% vs 2019
2021: €138k▲ +11.5% vs 2020highest in 8 years
2022: €104k▼ -24.9% vs 2021
2023: €98k▼ -5.9% vs 2022
2024: €136k▲ +39.4% vs 2023
2025: €84k▼ -38.5% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€320k€409k▲ 27.9%€283k▼ 30.8%
2023: €320k
2024: €409k▲ +27.9% vs 2023highest in 3 years
2025: €283k▼ -30.8% vs 2024lowest in 3 years
Equity€144k-€118k▼ 18.3%€93k▼ 21.4%€140k▲ 51.4%€96k▼ 31.2%
2021: €144khighest in 5 years
2022: €118k▼ -18.3% vs 2021
2023: €93k▼ -21.4% vs 2022lowest in 5 years
2024: €140k▲ +51.4% vs 2023
2025: €96k▼ -31.2% vs 2024
Operating result€24k-€-26k€-25k▲ 5.2%€52k€-42k
2021: €24k
2022: €-26k▼ -209% vs 2021
2023: €-25k▲ +5.2% vs 2022
2024: €52k▲ +311% vs 2023highest in 5 years
2025: €-42k▼ -180% vs 2024lowest in 5 years
Net result€16k-€-26k€-25k▲ 4.4%€48k€-44k
2021: €16k
2022: €-26k▼ -264% vs 2021
2023: €-25k▲ +4.4% vs 2022
2024: €48k▲ +289% vs 2023highest in 5 years
2025: €-44k▼ -192% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €42k after €52k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €170k
Fixed assets
€13k ▲ 211%
Current assets
€157k ▼ 24.8%
Equity and liabilities €170k
Equity
€96k ▼ 31.2%
Debt
€73k ▲ 0.9%
Debt's share of the balance-sheet total rises from 34.0% to 43.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-38k▼
2024 · €54k
Cash flow
€-40k▼
2024 · €50k
Current ratio
2.15▼
2024 · 2.88
Debt to equity
0.76▲
2024 · 0.52
ROE
-45.4%▼
2024 · 34.0%
ROA
-25.8%▼
2024 · 22.4%
Interest coverage
-18.18▼
2024 · 68.39
Debt ≤ 1 year
€73k▲
2024 · €72k
Staff costs
€38k▼
2024 · €48k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€213k€170k▼
Fixed assets21/28€4k€13k▲
Tangible fixed assets22/27€4k€13k▲
Plant, machinery and equipment23€827€1k▲
Furniture and vehicles24€3k€11k▲
Current assets29/58€209k€157k▼
Amounts receivable within one year40/41€150k€153k▲
Trade receivables40€84k€76k▼
Other amounts receivable41€66k€77k▲
Cash at bank and in hand54/58€55k€4k▼
Deferred charges and accrued income490/1€4k€590▼
Equity and liabilities
Total equity and liabilities10/49€213k€170k▼
Equity10/15€140k€96k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€118k€74k▼
Amounts payable17/49€72k€73k▲
Amounts payable within one year42/48€72k€73k▲
Current portion of amounts payable after more than one year42€15k€22k▲
Trade debts44€44k€43k▼
Suppliers440/4€44k€43k▼
Taxes, remuneration and social security45€13k€8k▼
Taxes450/3-€60
Remuneration and social security454/9€13k€8k▼
Income statement
Code20242025
Turnover70€409k€283k▼
Goods, raw materials, services and sundry goods60/61€305k€282k▼
Remuneration, social security and pensions62€48k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€1k€139▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€104k€3k▼
Operating profit (loss)9901€52k€-42k▼
Financial charges65/66B€788€2k▲
Recurring financial charges65€788€2k▲
Profit (loss) for the period before taxes9903€51k€-44k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€48k€-44k▼
Profit (loss) for the period to be appropriated9905€48k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€118k€74k▼
Profit (loss) brought forward from the previous period14P€71k€118k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €320k | €409k | €283k | ▼ 30.8% |
| Non-recurring operating income76A | €413 | - | €2k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €295k | €305k | €282k | ▼ 7.8% |
| Remuneration, social security and pensions62 | €33k | €40k | €41k | €48k | €38k | ▼ 21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €9k | €2k | €4k | ▲ 104% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €1k | €139 | ▼ 86.7% |
| Other operating charges640/8 | €2k | €787 | €739 | €1k | €3k | ▲ 190% |
| Gross operating margin9900 | €61k | €19k | €26k | €104k | €3k | ▼ 97.3% |
| Operating profit (loss)9901 | €24k | €-26k | €-25k | €52k | €-42k | ▼ 180% |
| Financial income75/76B | €2k | €2k | - | - | - | - |
| Recurring financial income75 | €2k | €2k | - | - | - | - |
| Financial charges65/66B | €576 | €2k | €611 | €788 | €2k | ▲ 163% |
| Recurring financial charges65 | €576 | €2k | €611 | €788 | €2k | ▲ 163% |
| Profit (loss) for the period before taxes9903 | €25k | €-26k | €-25k | €51k | €-44k | ▼ 186% |
| Income taxes67/77 | €9k | - | - | €4k | - | - |
| Profit (loss) for the period9904 | €16k | €-26k | €-25k | €48k | €-44k | ▼ 192% |
| Profit (loss) for the period to be appropriated9905 | €16k | €-26k | €-25k | €48k | €-44k | ▼ 192% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169k | €176k | €140k | €213k | €170k | ▼ 20.3% |
| Fixed assets21/28 | €6k | €14k | €2k | €4k | €13k | ▲ 211% |
| Tangible fixed assets22/27 | €6k | €14k | €2k | €4k | €13k | ▲ 211% |
| Plant, machinery and equipment23 | €6k | €4k | €2k | €827 | €1k | ▲ 38.3% |
| Furniture and vehicles24 | - | €10k | - | €3k | €11k | ▲ 255% |
| Current assets29/58 | €163k | €162k | €138k | €209k | €157k | ▼ 24.8% |
| Amounts receivable within one year40/41 | €153k | €145k | €101k | €150k | €153k | ▲ 1.7% |
| Trade receivables40 | €117k | €102k | €42k | €84k | €76k | ▼ 9.7% |
| Other amounts receivable41 | €36k | €43k | €60k | €66k | €77k | ▲ 16.1% |
| Cash at bank and in hand54/58 | €7k | €560 | €33k | €55k | €4k | ▼ 93.4% |
| Deferred charges and accrued income490/1 | €3k | €16k | €4k | €4k | €590 | ▼ 85.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169k | €176k | €140k | €213k | €170k | ▼ 20.3% |
| Equity10/15 | €144k | €118k | €93k | €140k | €96k | ▼ 31.2% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Outside capital11 | €20k | €20k | - | - | - | - |
| Other1109/19 | €20k | €20k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €122k | €96k | €71k | €118k | €74k | ▼ 37.0% |
| Amounts payable17/49 | €25k | €58k | €48k | €72k | €73k | ▲ 0.9% |
| Amounts payable after more than one year17 | - | - | €7k | - | - | - |
| Financial debts170/4 | - | - | €7k | - | - | - |
| Amounts payable within one year42/48 | €25k | €58k | €40k | €72k | €73k | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | €7k | €5k | €15k | €22k | ▲ 48.4% |
| Trade debts44 | €20k | €40k | €29k | €44k | €43k | ▼ 2.2% |
| Suppliers440/4 | €20k | €40k | €29k | €44k | €43k | ▼ 2.2% |
| Taxes, remuneration and social security45 | €5k | €10k | €6k | €13k | €8k | ▼ 42.1% |
| Taxes450/3 | €2k | €901 | - | - | €60 | - |
| Remuneration and social security454/9 | €3k | €10k | €6k | €13k | €8k | ▼ 42.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €-26k | €-25k | €48k | €-44k | ▼ 192% |
| + Depreciation and write-downs630 | €2k | €4k | €9k | €2k | €4k | ▲ 104% |
| Operating cash flow (approximation) | €18k | €-22k | €-16k | €50k | €-40k | ▼ 180% |
| Investment in fixed assets (approximation) | - | €-12k | €2k | €-4k | €-13k | ▼ 230% |
| Change in cash | - | €-7k | €32k | €22k | €-51k | ▼ 332% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 200 days late
2024
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €140k ▲51.4%
Equity rises from €93k to €140k.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 54 days late
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 419 days late
2019
30-09
Financial
Equity above €100kEq €109k ▲21.9%
2 profitable years in a row build equity to €109k.
21-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2006
Ground area
587 m²
Building footprint
204 m²
Volume, LiDAR
981 m³
Parcel 71302A0182/00Y000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D&S PAINT
since 20062.152.908.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0182/00Y000 | Flanders | 587 m² | 1 · 204 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 913 companies in sector 43333 we hold annual accounts for 400. 336 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
Founded14-12-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.