D-SAN
ActiveSummary
D-SAN has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €416,646 and a net result of €177,275. Equity is growing by about 69% per year across the filed financial years. Its solvency ranks better than 90% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 0.8 FTE
- Equity
- €416,646
- Profit
- €177,275
- CRAEYE Dylan Christiaan GretaDirector
Why 95raises riskFounded in 2023Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 6.37, cash €235,818Equity €416,646 (85.2% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 94% on liquidity, 92% on profitability and 88% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 54 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €177,275 ▲15.1%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €37,515 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,978 | €3,952 | €5,351 | ▲ 35.4% |
| Other operating charges640/8 | €519 | €923 | €870 | ▼ 5.7% |
| Non-recurring operating charges66A | - | - | €620 | - |
| Gross operating margin9900 | €116,678 | €203,382 | €273,099 | ▲ 34.3% |
| Operating profit (loss)9901 | €112,182 | €198,507 | €228,743 | ▲ 15.2% |
| Financial income75/76B | - | €285 | €1,364 | ▲ 379% |
| Recurring financial income75 | - | €285 | €1,364 | ▲ 379% |
| Financial charges65/66B | €1 | €113 | €132 | ▲ 16.1% |
| Recurring financial charges65 | €1 | €113 | €132 | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | €112,180 | €198,679 | €229,975 | ▲ 15.8% |
| Income taxes67/77 | €28,131 | €44,708 | €52,700 | ▲ 17.9% |
| Profit (loss) for the period9904 | €84,050 | €153,971 | €177,275 | ▲ 15.1% |
| Profit (loss) for the period to be appropriated9905 | €84,050 | €153,971 | €177,275 | ▲ 15.1% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €225,037 | €313,229 | €489,222 | ▲ 56.2% |
| Fixed assets21/28 | €10,394 | €6,443 | €26,722 | ▲ 315% |
| Tangible fixed assets22/27 | €10,394 | €6,443 | €26,722 | ▲ 315% |
| Plant, machinery and equipment23 | €3,432 | €2,147 | €862 | ▼ 59.8% |
| Furniture and vehicles24 | €6,962 | €4,295 | €25,859 | ▲ 502% |
| Current assets29/58 | €214,643 | €306,786 | €462,500 | ▲ 50.8% |
| Stocks and contracts in progress3 | €44,335 | €37,553 | €44,951 | ▲ 19.7% |
| Stocks30/36 | €44,335 | €37,553 | €44,951 | ▲ 19.7% |
| Amounts receivable within one year40/41 | €93,559 | €99,172 | €181,498 | ▲ 83.0% |
| Trade receivables40 | €80,722 | €85,989 | €167,913 | ▲ 95.3% |
| Other amounts receivable41 | €12,838 | €13,183 | €13,584 | ▲ 3.0% |
| Cash at bank and in hand54/58 | €76,078 | €169,278 | €235,818 | ▲ 39.3% |
| Deferred charges and accrued income490/1 | €671 | €782 | €234 | ▼ 70.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €225,037 | €313,229 | €489,222 | ▲ 56.2% |
| Equity10/15 | €86,250 | €239,371 | €416,646 | ▲ 74.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €83,250 | €236,371 | €413,646 | ▲ 75.0% |
| Distributable reserves133 | €83,250 | €236,371 | €413,646 | ▲ 75.0% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €138,788 | €73,858 | €72,576 | ▼ 1.7% |
| Amounts payable within one year42/48 | €138,788 | €73,858 | €72,576 | ▼ 1.7% |
| Trade debts44 | €7,542 | €13,320 | €2,175 | ▼ 83.7% |
| Suppliers440/4 | €7,542 | €13,320 | €2,175 | ▼ 83.7% |
| Taxes, remuneration and social security45 | €28,131 | €45,437 | €55,492 | ▲ 22.1% |
| Taxes450/3 | €28,131 | €45,437 | €53,051 | ▲ 16.8% |
| Remuneration and social security454/9 | - | - | €2,441 | - |
| Other amounts payable47/48 | €103,115 | €15,101 | €14,909 | ▼ 1.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €84,050 | €153,971 | €177,275 | ▲ 15.1% |
| + Depreciation and write-downs630 | €3,978 | €3,952 | €5,351 | ▲ 35.4% |
| Operating cash flow (approximation) | €88,027 | €157,923 | €182,626 | ▲ 15.6% |
| Investment in fixed assets (approximation) | - | €0 | -€25,631 | - |
| Change in cash | - | €93,200 | €66,540 | ▼ 28.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-03-2026 | 2026-00067676 |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00387948 |
| 31-12-2023 | micro format | 01-06-2024 | 2024-00104365 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €81 awardedPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CRAEYE Dylan Christiaan Greta |
|
Owners and capital
Capital and shareholders
- CRAEYE Dylan Christiaan Greta sole founder · 100% at incorporation
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-08-2023 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-08
Gazette deed
IncorporationAppointment: CRAEYE Dylan Christiaan Greta (director) · Founder · Founding capital6 facts ▸
- Incorporation, 02-08-2023
- Founder, CRAEYE Dylan Christiaan Greta
- Founding capital, €3,000
- Bank account, “Belfius Bank”, 3000 (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, CRAEYE Dylan Christiaan Greta (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0804.534.331
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23053A0143/00L002 | Flanders | 1,605 m² | 1 · 240 m² | 10.9 m · 1 |
| 23053A0135/00L002 | Flanders | 538 m² | 1 · 96 m² | 0.1 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Loodgieterswerk,installatie,reparatie en onderhoud van sanitaire apparaten,verwarming,klimaatregeling en ventilatie; Isoleren van…” (deed in Dutch)
35 activities (deed in Dutch)
- Loodgieterswerk,installatie,reparatie en onderhoud van sanitaire apparaten,verwarming,klimaatregeling en ventilatie;
- Isoleren van gebouwen,muren en daken,aanbrengen van thermisch isolatiemateriaal en isolatiemateriaal tegen geluid en trillingen;
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
- De bouw van rioleringen en afwateringen. Proefboren,(beton)boren en aanleggen van waterputten;
- Uitvoeren van graaf-,grond,sloop- en afbraakwerken;
- Aanleggen,onderhouden en herstellen van opritten,parken,tuinen en velden;
- Bouwrijp maken van terreinen;
- Het uitvoeren van diverse land- en tuinbouwwerken;
- Bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails);
- Groot- en kleinhandel in bouwmaterialen;
- Ledigen,reinigen en ontkalken van buizen,afvoerleidingen,beer- en waterputten;
- Vocht- en lekdetectie,oplossen van vochtproblemen; in de meeste ruime zin;
- Overige bouwactiviteiten;
- Het uitoefenen van allerlei transport voor rekening van derden,nationaal en internationaal vervoer in de meest uitgebreide zin van het woord;
- Verhuur van materiaal (bv stelling,stofzuiger,boormachine,…);
- Algemene reiniging van gebouwen,zowel binnen- als buitenkant en industriële reiniging;
- Gevelreiniging door middel van zandstralen,met behulp van stoom,enz;
- Elektrotechnische installatiewerken aan gebouwen;
- Aanleg van leidingen voor vervoer en distributie van elektrische energie;
- Vervaardigen en herwikkelen van elektromotoren en elektrische generatoren en transformatoren;
- Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling,veiligheid,enz;
- Het toezien op de bouwwerkzaamheden (ruwbouw,installatie,afwerking,…);
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen,alle verrichtingen onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen; de aan-en verkoop,huur en verhuur van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het aangaan,vestigen en laten vestigen van zakelijke rechten. Dit alles met uitzondering van de activiteiten die vallen onder de titel ‘vastgoedmakelaar’;
- Projectontwikkeling en bouwpromotor;
- De vennootschap kan bovendien alle andere werkzaamheden en rechtshandelingen verrichten die van aard zijn de verwezenlijking van het voorwerp te bevorderen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar eigen goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Het verlenen van diensten en adviezen met betrekking tot het management van ondernemingen,bedrijfsbeheer en -administratie,onderzoek van opportuniteiten en al wat daarmee rechtstreeks of onrechtstreeks verband houdt.
- De vennootschap kan eveneens optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen.
- De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
- Zij mag alle roerende en onroerende goederen als investering verwerven,zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- In het geval de verrichting van bepaalde handelingen zou onderworpen zijn aan voorafgaande voorwaarden inzake toegang tot het beroep,zal de vennootschap haar optreden,wat betreft de verrichting van deze handelingen,aan de vervulling van deze voorwaarden ondergeschikt maken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- D-SAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voorstehoeve 35A, 1730 Asse (Mollem)” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Behalve deze die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend met delegatiemogelijkheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 18:00