D.X.S.
ActiveSummary
D.X.S. has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-636k) and a net result of €67k. Equity is shrinking by ~27.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+7
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.05 in 2024; short-term debt: 256% and cash: 2.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-248.2%
Return on assets
26%
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 29-08-2026, 29 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 filingsDeviation from the deadline
2025
29 d late
2024
19 d late
2023
125 d late
2022
60 d late
2021
25 d late
2020
24 d late
2019
136 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, abbreviated schema
Equity
€-636k▲ 9.5%
2024 · €-702k
2018: €34khighest in 8 years
2019: €-18k▼ -152% vs 2018
2020: €-78k▼ -338% vs 2019
2021: €-154k▼ -97.9% vs 2020
2022: €-709k▼ -361% vs 2021
2023: €-755k▼ -6.5% vs 2022lowest in 8 years
2024: €-702k▲ +7.0% vs 2023
2025: €-636k▲ +9.5% vs 2024
2018 → 2025
Total assets
€256k▼ 6.8%
2024 · €275k
2018: €412k
2019: €703k▲ +70.7% vs 2018
2020: €714k▲ +1.6% vs 2019
2021: €761k▲ +6.6% vs 2020highest in 8 years
2022: €316k▼ -58.5% vs 2021
2023: €287k▼ -9.0% vs 2022
2024: €275k▼ -4.3% vs 2023
2025: €256k▼ -6.8% vs 2024lowest in 8 years
2018 → 2025
Net result
€67k▲ 26.4%
2024 · €53k
2018: €-34k
2019: €-52k▼ -50.9% vs 2018
2020: €-60k▼ -15.8% vs 2019
2021: €-76k▼ -26.8% vs 2020
2022: €-555k▼ -629% vs 2021lowest in 8 years
2023: €-46k▲ +91.7% vs 2022
2024: €53k▲ +215% vs 2023
2025: €67k▲ +26.4% vs 2024highest in 8 years
2018 → 2025
Working capital
€-614k▲ 6.7%
2024 · €-658k
2018: €-378k
2019: €76k▲ +120% vs 2018
2020: €93k▲ +22.7% vs 2019highest in 8 years
2021: €14k▼ -84.7% vs 2020
2022: €-583k▼ -4197% vs 2021
2023: €-674k▼ -15.6% vs 2022lowest in 8 years
2024: €-658k▲ +2.4% vs 2023
2025: €-614k▲ +6.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-154k-€-709k▼ 361%€-755k▼ 6.5%€-702k▲ 7.0%€-636k▲ 9.5%
2021: €-154khighest in 5 years
2022: €-709k▼ -361% vs 2021
2023: €-755k▼ -6.5% vs 2022lowest in 5 years
2024: €-702k▲ +7.0% vs 2023
2025: €-636k▲ +9.5% vs 2024
Operating result€-32k-€-524k▼ 1,558%€-26k▲ 95.0%€68k€79k▲ 16.8%
2021: €-32k
2022: €-524k▼ -1558% vs 2021lowest in 5 years
2023: €-26k▲ +95.0% vs 2022
2024: €68k▲ +357% vs 2023
2025: €79k▲ +16.8% vs 2024highest in 5 years
Net result€-76k-€-555k▼ 629%€-46k▲ 91.7%€53k€67k▲ 26.4%
2021: €-76k
2022: €-555k▼ -629% vs 2021lowest in 5 years
2023: €-46k▲ +91.7% vs 2022
2024: €53k▲ +215% vs 2023
2025: €67k▲ +26.4% vs 2024highest 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €256k
Fixed assets
€214k ▼ 11.6%
Current assets
€42k ▲ 29.4%
Key figures and ratios
EBITDA
€107k▲
2024 · €96k
Cash flow
€95k▲
2024 · €81k
Solvency
-248.2%▲
2024 · -255.5%
Current ratio
0.06▲
2024 · 0.05
Debt to equity
-1.38▼
2024 · -1.37
ROA
26.0%▲
2024 · 19.2%
Interest coverage
8.62▲
2024 · 6.38
Debt
€880k▼
2024 · €965k
Debt ≤ 1 year
€656k▼
2024 · €690k
Debt > 1 year
€224k▼
2024 · €275k
Income taxes
€50
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€275k€256k▼
Fixed assets21/28€242k€214k▼
Tangible fixed assets22/27€242k€214k▼
Land and buildings22€242k€214k▼
Financial fixed assets28€496€496=
Current assets29/58€32k€42k▲
Amounts receivable within one year40/41€15k€36k▲
Trade receivables40€15k€36k▲
Cash at bank and in hand54/58€18k€6k▼
Equity and liabilities
Total equity and liabilities10/49€275k€256k▼
Equity10/15€-702k€-636k▲
Contributions10/11€185k€185k=
Capital10€185k€185k=
Issued capital100€185k€185k=
Revaluation surpluses12€187k€187k=
Reserves13€228k€228k=
Distributable reserves133€228k€228k=
Profit (loss) carried forward14€-1.30M€-1.24M▲
Provisions and deferred taxes16€12k€12k=
Provisions for liabilities and charges160/5€12k€12k=
Taxes161€12k€12k=
Amounts payable17/49€965k€880k▼
Amounts payable after more than one year17€275k€224k▼
Financial debts170/4€275k€224k▼
Amounts payable within one year42/48€690k€656k▼
Current portion of amounts payable after more than one year42€65k€51k▼
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Other amounts payable47/48€621k€597k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k=
Other operating charges640/8€4k€4k▼
Gross operating margin9900€100k€111k▲
Operating profit (loss)9901€68k€79k▲
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€53k€67k▲
Income taxes67/77-€50
Profit (loss) for the period9904€53k€67k▲
Profit (loss) for the period to be appropriated9905€53k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.30M€-1.24M▲
Profit (loss) brought forward from the previous period14P€-1.35M€-1.30M▲
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €30 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €28k | €28k | €28k | €28k | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €12k | €433k | - | - | - | - |
| Other operating charges640/8 | - | €18k | €384 | €4k | €4k | ▼ 6.4% |
| Non-recurring operating charges66A | - | €103k | €113k | - | - | - |
| Gross operating margin9900 | €8k | €59k | €115k | €100k | €111k | ▲ 11.1% |
| Operating profit (loss)9901 | €-32k | €-524k | €-26k | €68k | €79k | ▲ 16.8% |
| Financial income75/76B | €360 | - | - | - | - | - |
| Recurring financial income75 | €360 | - | - | - | - | - |
| Financial charges65/66B | €25k | €24k | €20k | €15k | €12k | ▼ 17.2% |
| Recurring financial charges65 | €25k | €24k | €20k | €15k | €12k | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €-56k | €-548k | €-46k | €53k | €67k | ▲ 26.5% |
| Income taxes67/77 | €20k | €7k | - | - | €50 | - |
| Profit (loss) for the period9904 | €-76k | €-555k | €-46k | €53k | €67k | ▲ 26.4% |
| Profit (loss) for the period to be appropriated9905 | €-76k | €-555k | €-46k | €53k | €67k | ▲ 26.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €761k | €316k | €287k | €275k | €256k | ▼ 6.8% |
| Fixed assets21/28 | €327k | €299k | €271k | €242k | €214k | ▼ 11.6% |
| Tangible fixed assets22/27 | €327k | €298k | €270k | €242k | €214k | ▼ 11.7% |
| Land and buildings22 | €327k | €298k | €270k | €242k | €214k | ▼ 11.7% |
| Financial fixed assets28 | €496 | €496 | €496 | €496 | €496 | = |
| Current assets29/58 | €434k | €17k | €17k | €32k | €42k | ▲ 29.4% |
| Amounts receivable within one year40/41 | €433k | €11k | €11k | €15k | €36k | ▲ 143% |
| Trade receivables40 | - | - | €11k | €15k | €36k | ▲ 143% |
| Other amounts receivable41 | €433k | €11k | - | - | - | - |
| Cash at bank and in hand54/58 | €379 | €6k | €5k | €18k | €6k | ▼ 66.9% |
| Deferred charges and accrued income490/1 | €119 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €761k | €316k | €287k | €275k | €256k | ▼ 6.8% |
| Equity10/15 | €-154k | €-709k | €-755k | €-702k | €-636k | ▲ 9.5% |
| Contributions10/11 | €185k | €185k | €185k | €185k | €185k | = |
| Capital10 | €185k | €185k | €185k | €185k | €185k | = |
| Issued capital100 | €185k | €185k | €185k | €185k | €185k | = |
| Revaluation surpluses12 | €249k | €228k | €208k | €187k | €187k | = |
| Reserves13 | €166k | €187k | €208k | €228k | €228k | = |
| Distributable reserves133 | €166k | €187k | €208k | €228k | €228k | = |
| Profit (loss) carried forward14 | €-754k | €-1.31M | €-1.35M | €-1.30M | €-1.24M | ▲ 5.1% |
| Provisions and deferred taxes16 | €12k | €12k | €12k | €12k | €12k | = |
| Provisions for liabilities and charges160/5 | €12k | €12k | €12k | €12k | €12k | = |
| Taxes161 | €12k | €12k | €12k | €12k | €12k | = |
| Amounts payable17/49 | €903k | €1.01M | €1.03M | €965k | €880k | ▼ 8.8% |
| Amounts payable after more than one year17 | €483k | €413k | €339k | €275k | €224k | ▼ 18.4% |
| Financial debts170/4 | €483k | €413k | €339k | €275k | €224k | ▼ 18.4% |
| Amounts payable within one year42/48 | €420k | €600k | €691k | €690k | €656k | ▼ 5.0% |
| Current portion of amounts payable after more than one year42 | €68k | €71k | €73k | €65k | €51k | ▼ 21.5% |
| Financial debts43 | €31 | €78k | - | - | - | - |
| Credit institutions430/8 | €31 | €78k | - | - | - | - |
| Trade debts44 | €6k | €15k | - | €5k | €8k | ▲ 59.2% |
| Suppliers440/4 | €6k | €15k | - | €5k | €8k | ▲ 59.2% |
| Taxes, remuneration and social security45 | €20k | €27k | - | - | - | - |
| Taxes450/3 | €20k | €27k | - | - | - | - |
| Other amounts payable47/48 | €326k | €409k | €618k | €621k | €597k | ▼ 3.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-76k | €-555k | €-46k | €53k | €67k | ▲ 26.4% |
| + Depreciation and write-downs630 | €28k | €28k | €28k | €28k | €28k | = |
| Operating cash flow (approximation) | €-48k | €-527k | €-18k | €81k | €95k | ▲ 17.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5k | €-165 | €12k | €-12k | ▼ 196% |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €67k ▲26.4%
Operating result €79k, net result €67k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-12
Financial
Back to profitnet €53k
Net result €53k after 6 loss-making years.
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 125 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-555k
Net result drops to €-555k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 502 days late
2019
31-12
Financial
Liquidity times 2406current ratio 1.31
Current ratio from 0.00 to 1.31; short-term debt falls from €378k to €244k.
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
9 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, Anderlecht · 1 establishment unit since 1993
Ground area
235 m²
Building footprint
108 m²
Volume, LiDAR
1,117 m³
Parcel 21304B0081/00V000, Brussels · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
D.X.S
since 19932.063.193.265
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21304B0081/00V000 | Brussels | 235 m² | 1 · 108 m² | 13.6 m · 4 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.
Identification & contact
Identification
Legal formPublic limited company
Founded17-05-1993
Fiscal year end31-12
Contact
E-mail
astavros@live.beAnderlecht
Scores and ratios are computed by Checked and are not a credit decision.