DBS Systems
ActiveSummary
The computed 12-month bankruptcy probability of DBS Systems is 3.2% (moderate). For DBS Systems, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €40,025 and a net result of €9,252. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 94% of 33665 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability95▼-5
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+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
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 →
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 2023Solvency, return and age of the figures
Solvency
89.4%
Return on assets
20.7%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
21 d early
2021
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€40,025▲ 30.1%
2022 · €30,773
Total assets
€44,784▲ 12.9%
2022 · €39,681
Net result
€9,252▼ 42.2%
2022 · €16,011
Working capital
€27,042▲ 24.8%
2022 · €21,667
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€14,809-€20,458▲ 38.1%€13,008▼ 36.4%
Net result€11,762within the sector's middle half-€16,011within the sector's middle half▲ 36.1%€9,252within the sector's middle half▼ 42.2%
Equity€14,762below the sector's middle half-€30,773within the sector's middle half▲ 108%€40,025within the sector's middle half▲ 30.1%
Total assets€21,341below the sector's middle half-€39,681below the sector's middle half▲ 85.9%€44,784below the sector's middle half▲ 12.9%
Debt€6,579-€8,908▲ 35.4%€4,759▼ 46.6%
Working capital€14,762within the sector's middle half-€21,667within the sector's middle half▲ 46.8%€27,042within the sector's middle half▲ 24.8%
Solvency69.2%above the sector's middle half-77.6%above the sector's middle half▲ 8.4pp89.4%above the sector's middle half▲ 11.8pp
Current ratio3.24above the sector's middle half-3.43above the sector's middle half▲ 0.196.68above the sector's middle half▲ 3.25
Return on assets (ROA)55.1%above the sector's middle half-40.3%above the sector's middle half▼ 14.8pp20.7%above the sector's middle half▼ 19.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 36% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €44,784
Fixed assets
€12,982 ▲ 42.6%
Current assets
€31,802 ▲ 4.0%
Equity and liabilities €44,784
Equity
€40,025 ▲ 30.1%
Debt
€4,759 ▼ 46.6%
Debt's share of the balance-sheet total falls from 22.4% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14,212▼
2022 · €21,470
Cash flow
€10,455▼
2022 · €17,023
Debt to equity
0.12▼
2022 · 0.29
ROE
23.1%▼
2022 · 52.0%
Interest coverage
11.60▼
2022 · 52.73
Debt ≤ 1 year
€4,759▼
2022 · €8,908
Income taxes
€2,534▼
2022 · €4,040
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €146 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,329 | €1,012 | €1,203 | ▲ 18.9% |
| Other operating charges640/8 | €507 | €297 | €605 | ▲ 104% |
| Gross operating margin9900 | €17,645 | €21,913 | €14,816 | ▼ 32.4% |
| Operating profit (loss)9901 | €14,809 | €20,458 | €13,008 | ▼ 36.4% |
| Financial income75/76B | €4 | - | €2 | - |
| Recurring financial income75 | €4 | - | €2 | - |
| Financial charges65/66B | €111 | €407 | €1,225 | ▲ 201% |
| Recurring financial charges65 | €111 | €407 | €1,225 | ▲ 201% |
| Profit (loss) for the period before taxes9903 | €14,703 | €20,051 | €11,786 | ▼ 41.2% |
| Income taxes67/77 | €2,941 | €4,040 | €2,534 | ▼ 37.3% |
| Profit (loss) for the period9904 | €11,762 | €16,011 | €9,252 | ▼ 42.2% |
| Profit (loss) for the period to be appropriated9905 | €11,762 | €16,011 | €9,252 | ▼ 42.2% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €21,341 | €39,681 | €44,784 | ▲ 12.9% |
| Fixed assets21/28 | - | €9,106 | €12,982 | ▲ 42.6% |
| Tangible fixed assets22/27 | - | €9,106 | €12,982 | ▲ 42.6% |
| Land and buildings22 | - | €9,106 | - | - |
| Furniture and vehicles24 | - | - | €4,255 | - |
| Other tangible fixed assets26 | - | - | €8,728 | - |
| Current assets29/58 | €21,341 | €30,575 | €31,802 | ▲ 4.0% |
| Amounts receivable within one year40/41 | €21,065 | €30,563 | €31,561 | ▲ 3.3% |
| Trade receivables40 | €2,490 | €10,000 | €4,640 | ▼ 53.6% |
| Other amounts receivable41 | €18,575 | €20,563 | €26,921 | ▲ 30.9% |
| Cash at bank and in hand54/58 | €277 | €12 | €240 | ▲ 1,869% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €21,341 | €39,681 | €44,784 | ▲ 12.9% |
| Equity10/15 | €14,762 | €30,773 | €40,025 | ▲ 30.1% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Outside capital11 | €3,000 | €3,000 | €3,000 | = |
| Share premium1100/10 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €11,762 | €27,773 | €37,025 | ▲ 33.3% |
| Amounts payable17/49 | €6,579 | €8,908 | €4,759 | ▼ 46.6% |
| Amounts payable within one year42/48 | €6,579 | €8,908 | €4,759 | ▼ 46.6% |
| Trade debts44 | €3,263 | €1,928 | €380 | ▼ 80.3% |
| Suppliers440/4 | €3,263 | €1,928 | €380 | ▼ 80.3% |
| Advances received on contracts in progress46 | €376 | - | - | - |
| Taxes, remuneration and social security45 | €2,941 | €6,981 | €4,040 | ▼ 42.1% |
| Taxes450/3 | €2,941 | €6,981 | €4,040 | ▼ 42.1% |
| Other amounts payable47/48 | - | - | €339 | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,762 | €16,011 | €9,252 | ▼ 42.2% |
| + Depreciation and write-downs630 | €2,329 | €1,012 | €1,203 | ▲ 18.9% |
| Operating cash flow (approximation) | €14,091 | €17,023 | €10,455 | ▼ 38.6% |
| Investment in fixed assets (approximation) | - | - | -€5,079 | - |
| Change in cash | - | -€265 | €228 | ▲ 186% |
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
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €9,252 ▼42.2%
Net result drops to €9,252, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €16,011 ▲36.1%
Operating result €20,458, net result €16,011, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Zele · 1 establishment unit since 2020
Ground area
123 m²
Building footprint
50 m²
Volume, LiDAR
299 m³
Parcel 42028B0835/00B002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DBS Systems
since 20202.311.727.556
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B0835/00B002 | Flanders | 123 m² | 1 · 50 m² | 9.6 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.
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 513 EUR awarded · 513 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 188 EUR | 188 EUR |
| 2022 | 1 | 325 EUR | 325 EUR |
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Of 8,459 companies in this sector we hold annual accounts for 3,237. 2,396 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded08-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759566418
Also
9925:BE0759566418
Registered
15-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.