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D & S VASTGOED

Active
Public limited companyfounded 199926 yrs activeAarschotsesteenweg 202, 2230 Herselt, BelgiumKBO/BCE: BE 0467.468.635

D & S VASTGOED has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4k and a net result of €577. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 26% of 19345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
38 / 100
Weak▼ -5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▼-34
Solvency4▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.61 in 2023), and 94.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2024
Solvency, return and age of the figures
Solvency
5.6%
Return on assets
0.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
82 d late
2023
267 d late
2022
151 d late
2021
57 d late
2020
31 d late
2019
56 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€4k▲ 15.3%
2023 · €4k
2018: €-4k 2019: €186 2020: €3k 2021: €2k 2022: €3k 2023: €4k
2018 → 2024
Total assets
€78k▼ 13.9%
2023 · €90k
2018: €114k 2019: €135k 2020: €117k 2021: €104k 2022: €94k 2023: €90k
2018 → 2024
Net result
€577▼ 38.8%
2023 · €943
2018: €4k 2019: €5k 2020: €3k 2021: €-2k 2022: €1k 2023: €943
2018 → 2024
Working capital
€-23k▼ 47.5%
2023 · €-15k
2018: €6k 2019: €4k 2020: €-2k 2021: €-7k 2022: €-11k 2023: €-15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€3k-€2k▼ 52.8%€3k▲ 77.4%€4k▲ 33.3%€4k▲ 15.3%
Operating result€11k-€10k▼ 4.3%€9k▼ 13.3%€7k▼ 25.8%€5k▼ 21.5%
Net result€3k-€-2k€1k€943▼ 23.6%€577▼ 38.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10kOperating result 2020: €11k€11kNet result 2020: €3k€3kOperating result 2021: €10k€10kNet result 2021: €-2k€-2kOperating result 2022: €9k€9kNet result 2022: €1k€1kOperating result 2023: €7k€7kNet result 2023: €943€943Operating result 2024: €5k€5kNet result 2024: €577€57720202021202220232024
The operating result has fallen four years in a row; 2024 is 21% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €78k
Fixed assets €61k▼ 7.4%
Current assets €17k▼ 31.5%
Equity and liabilities €78k
Equity €4k▲ 15.3%
Debt €74k▼ 15.1%
The debt ratio falls from 95.8% to 94.4%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€10k
2023 · €13k
Cash flow
€6k
2023 · €7k
Solvency
5.6%
2023 · 4.2%
Current ratio
0.42
2023 · 0.61
Quick ratio
0.42
2023 · 0.61
Debt / equity
16.90
2023 · 22.96
ROE
13.3%
2023 · 25.0%
ROA
0.7%
2023 · 1.0%
Interest coverage
2.24
2023 · 2.45
Debt
€74k
2023 · €87k
Debt ≤ 1 year
€39k
2023 · €39k
Debt > 1 year
€34k
2023 · €47k
Income taxes
€98
2023 · €361
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€90k€78k
Fixed assets21/28€66k€61k
Tangible fixed assets22/27€66k€61k
Land and buildings22€66k€61k
Current assets29/58€24k€17k
Amounts receivable within one year40/41€19k€12k
Trade receivables40€17k€12k
Other amounts receivable41€2k-
Cash at bank and in hand54/58€2k€1k
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€90k€78k
Equity10/15€4k€4k
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-60k€-60k
Amounts payable17/49€87k€74k
Amounts payable after more than one year17€47k€34k
Financial debts170/4€47k€34k
Amounts payable within one year42/48€39k€39k
Current portion of amounts payable after more than one year42€12k€13k
Financial debts43€10k-
Credit institutions430/8€10k-
Trade debts44€1k€562
Suppliers440/4€1k€562
Other amounts payable47/48€16k€26k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k
Other operating charges640/8€6k€822
Gross operating margin9900€19k€11k
Operating profit (loss)9901€7k€5k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€5k€5k
Recurring financial charges65€5k€5k
Profit (loss) for the period before taxes9903€1k€676
Income taxes67/77€361€98
Profit (loss) for the period9904€943€577
Profit (loss) for the period to be appropriated9905€943€577
Appropriation of the result
Profit (loss) to be appropriated9906€-60k€-60k
Profit (loss) brought forward from the previous period14P€-61k€-60k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
24-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 267 days late
2023
29-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
26-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
2021
31-12
Financial Weakest financial yearnet €-2k ▼156%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
25-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
2019
31-12
Financial Highest result since 2018net €5k ▲4.3%
Operating result €14k, net result €5k, both a record.
07-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 38 days late
2018
30-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 122 days late
2017
31-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 92 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-12-2023 Resigned as Director
Location & real-estate footprint
Registered office, Herselt · 1 establishment unit since 1999
establishment The establishment unit on the map
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.

Aarschotsesteenweg 2022230 Herselt
Ground area
2,172 m²
Building footprint
963 m²
Volume, LiDAR
4,375 m³
Parcel 13034G0861/00V000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Aarschotsesteenweg 202, 2230 Herselt
NACE 70201
since 19992.093.460.334
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13034G0861/00V000 Flanders 2,172 m² 1 · 963 m² 8.1 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.

Structure & network

Connections & network

27 connected companies
+27 companies via a shared address +27via a sharedaddressD & S VASTGOED D & SVASTGOED0467.468.635
Shared address / shareholderBundled connections
Network connections
AABOX
Shared address
APSB
Shared address
B-Progress NV
Shared address
BYK INT
Shared address
Show 23 more network connections
CHEMTRANS
Shared address
CODE
Shared address
COMFORTDOUCHES
Shared address
DW CONCEPTS
Shared address
ELL CIRCO D'ELL FUEGO
Shared address
FOP
Shared address
FY FOOD
Shared address
GLADIS
Shared address
HSP PROJECTEN
Shared address
JETSET MOTORS
Shared address
KNG COMPANY
Shared address
LINK MEDIA
Shared address
LOMAX
Shared address
M&H
Shared address
MASREK
Shared address
MIMU Tank Leasing
Shared address
Miradeux
Shared address
People United
Shared address
VAN ELMIRS SERVICE
Shared address
ZENO BEHEER
Shared address

Similar companies · same sector, comparable size

Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 1,856 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-11-1999
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.