DBS-Tech
ActiveSummary
The computed 12-month bankruptcy probability of DBS-Tech is 1.6% (moderate). The 2024 annual accounts show equity of €122k and a net result of €9k. Equity is growing by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 1330 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-18
Solvency87▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.69 against 4.62 in 2023; short-term debt: 18.7% and cash: 0.6% of total assets), and 38.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
16 d early
2022
7 d early
2021
5 d late
2020
26 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€122k▲ 7.9%
2023 · €113k
2020: €21klowest in 5 years
2021: €61k▲ +192% vs 2020
2022: €84k▲ +38.0% vs 2021
2023: €113k▲ +34.6% vs 2022
2024: €122k▲ +7.9% vs 2023highest in 5 years
2020 → 2024
Total assets
€198k▲ 28.2%
2023 · €154k
2020: €43klowest in 5 years
2021: €87k▲ +101% vs 2020
2022: €149k▲ +72.2% vs 2021
2023: €154k▲ +3.2% vs 2022
2024: €198k▲ +28.2% vs 2023highest in 5 years
2020 → 2024
Net result
€9k▼ 69.1%
2023 · €29k
2020: €20k
2021: €40k▲ +102% vs 2020highest in 5 years
2022: €23k▼ -42.2% vs 2021
2023: €29k▲ +25.5% vs 2022
2024: €9k▼ -69.1% vs 2023lowest in 5 years
2020 → 2024
Working capital
€99k▲ 3.3%
2023 · €96k
2020: €19klowest in 5 years
2021: €55k▲ +185% vs 2020
2022: €75k▲ +36.1% vs 2021
2023: €96k▲ +28.0% vs 2022
2024: €99k▲ +3.3% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€61k▲ 192%€84k▲ 38.0%€113k▲ 34.6%€122k▲ 7.9%
2020: €21klowest in 5 years
2021: €61k▲ +192% vs 2020
2022: €84k▲ +38.0% vs 2021
2023: €113k▲ +34.6% vs 2022
2024: €122k▲ +7.9% vs 2023highest in 5 years
Operating result€25k-€51k▲ 105%€30k▼ 41.2%€41k▲ 36.4%€14k▼ 65.5%
2020: €25k
2021: €51k▲ +105% vs 2020highest in 5 years
2022: €30k▼ -41.2% vs 2021
2023: €41k▲ +36.4% vs 2022
2024: €14k▼ -65.5% vs 2023lowest in 5 years
Net result€20k-€40k▲ 102%€23k▼ 42.2%€29k▲ 25.5%€9k▼ 69.1%
2020: €20k
2021: €40k▲ +102% vs 2020highest in 5 years
2022: €23k▼ -42.2% vs 2021
2023: €29k▲ +25.5% vs 2022
2024: €9k▼ -69.1% vs 2023lowest in 5 years
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 2024; 2024 is 66% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €198k
Fixed assets
€61k ▲ 95.8%
Current assets
€136k ▲ 11.1%
Equity and liabilities €198k
Equity
€122k ▲ 7.9%
Debt
€76k ▲ 83.9%
Debt's share of the balance-sheet total rises from 26.7% to 38.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45k▼
2023 · €51k
Cash flow
€40k▲
2023 · €40k
Current ratio
3.69▼
2023 · 4.62
Debt to equity
0.62▲
2023 · 0.36
ROE
7.4%▼
2023 · 25.7%
ROA
4.5%▼
2023 · 18.8%
Interest coverage
25.09▲
2023 · 14.69
Debt ≤ 1 year
€37k▲
2023 · €27k
Debt > 1 year
€39k▲
2023 · €14k
Income taxes
€3k▼
2023 · €8k
Staff costs
€34
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€154k€198k▲
Fixed assets21/28€31k€61k▲
Tangible fixed assets22/27€31k€61k▲
Plant, machinery and equipment23€1k€41k▲
Furniture and vehicles24€30k€20k▼
Current assets29/58€123k€136k▲
Amounts receivable within one year40/41€120k€135k▲
Trade receivables40€95k€125k▲
Other amounts receivable41€25k€10k▼
Cash at bank and in hand54/58€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€154k€198k▲
Equity10/15€113k€122k▲
Contributions10/11€1k€1k=
Outside capital11€1k-
Share premium1100/10€1k-
Profit (loss) carried forward14€112k€121k▲
Amounts payable17/49€41k€76k▲
Amounts payable after more than one year17€14k€39k▲
Financial debts170/4€14k€39k▲
Amounts payable within one year42/48€27k€37k▲
Current portion of amounts payable after more than one year42€17k€24k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€34
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€31k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€53k€46k▼
Operating profit (loss)9901€41k€14k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€37k€12k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€29k€9k▼
Profit (loss) for the period to be appropriated9905€29k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€112k€121k▲
Profit (loss) brought forward from the previous period14P€83k€112k▲
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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4k | - | - | - |
| Remuneration, social security and pensions62 | - | €784 | €155 | - | €34 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €11k | €17k | €11k | €31k | ▲ 191% |
| Other operating charges640/8 | - | €1k | €3k | €2k | €2k | ▼ 28.9% |
| Gross operating margin9900 | €33k | €64k | €49k | €53k | €46k | ▼ 13.2% |
| Operating profit (loss)9901 | €25k | €51k | €30k | €41k | €14k | ▼ 65.5% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | €655 | €609 | €3k | €2k | ▼ 48.8% |
| Recurring financial charges65 | €491 | €655 | €609 | €3k | €2k | ▼ 48.8% |
| Profit (loss) for the period before taxes9903 | €24k | €50k | €29k | €37k | €12k | ▼ 67.1% |
| Income taxes67/77 | €4k | €10k | €6k | €8k | €3k | ▼ 59.8% |
| Profit (loss) for the period9904 | €20k | €40k | €23k | €29k | €9k | ▼ 69.1% |
| Profit (loss) for the period to be appropriated9905 | €20k | €40k | €23k | €29k | €9k | ▼ 69.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €43k | €87k | €149k | €154k | €198k | ▲ 28.2% |
| Fixed assets21/28 | €13k | €10k | €40k | €31k | €61k | ▲ 95.8% |
| Tangible fixed assets22/27 | €13k | €10k | €40k | €31k | €61k | ▲ 95.8% |
| Plant, machinery and equipment23 | - | €3k | - | €1k | €41k | ▲ 3,438% |
| Furniture and vehicles24 | - | €8k | €40k | €30k | €20k | ▼ 33.3% |
| Current assets29/58 | €30k | €77k | €109k | €123k | €136k | ▲ 11.1% |
| Amounts receivable within one year40/41 | €27k | €75k | €107k | €120k | €135k | ▲ 12.9% |
| Trade receivables40 | - | €60k | €95k | €95k | €125k | ▲ 31.3% |
| Other amounts receivable41 | - | €15k | €12k | €25k | €10k | ▼ 58.2% |
| Cash at bank and in hand54/58 | €3k | €1k | €3k | €3k | €1k | ▼ 61.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €43k | €87k | €149k | €154k | €198k | ▲ 28.2% |
| Equity10/15 | €21k | €61k | €84k | €113k | €122k | ▲ 7.9% |
| Contributions10/11 | - | €1k | €1k | €1k | €1k | = |
| Outside capital11 | - | €1k | €1k | €1k | - | - |
| Share premium1100/10 | - | €1k | €1k | €1k | - | - |
| Profit (loss) carried forward14 | €20k | €60k | €83k | €112k | €121k | ▲ 8.0% |
| Amounts payable17/49 | €22k | €26k | €65k | €41k | €76k | ▲ 83.9% |
| Amounts payable after more than one year17 | €11k | €5k | €31k | €14k | €39k | ▲ 166% |
| Financial debts170/4 | - | €5k | €31k | €14k | €39k | ▲ 166% |
| Amounts payable within one year42/48 | €11k | €21k | €34k | €27k | €37k | ▲ 38.9% |
| Current portion of amounts payable after more than one year42 | - | €7k | €23k | €17k | €24k | ▲ 41.1% |
| Trade debts44 | - | - | €1k | €2k | €2k | ▲ 11.0% |
| Suppliers440/4 | - | - | €1k | €2k | €2k | ▲ 11.0% |
| Taxes, remuneration and social security45 | - | €15k | €10k | €8k | €11k | ▲ 40.2% |
| Taxes450/3 | - | €15k | €10k | €8k | €11k | ▲ 40.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €40k | €23k | €29k | €9k | ▼ 69.1% |
| + Depreciation and write-downs630 | €7k | €11k | €17k | €11k | €31k | ▲ 191% |
| Operating cash flow (approximation) | €27k | €51k | €40k | €40k | €40k | ▲ 0.4% |
| Investment in fixed assets (approximation) | - | €-8k | €-46k | €-2k | €-61k | ▼ 3,388% |
| Change in cash | - | €-2k | €1k | €531 | €-2k | ▼ 452% |
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €9k ▼69.1%
Net result drops to €9k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €113k ▲34.6%
4 profitable years in a row build equity to €113k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Highest result since 2020net €40k ▲102%
Operating result €51k, net result €40k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
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
2 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, Lochristi · 1 establishment unit since 2020
Ground area
364 m²
Building footprint
92 m²
Volume, LiDAR
452 m³
Parcel 44034C0180/00F000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DBS-Tech
since 20202.300.477.932
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C0180/00F000 | Flanders | 364 m² | 1 · 92 m² | 7.9 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 295 companies in sector 42211 we hold annual accounts for 132. 93 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
Founded24-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
42211Civil engineering
43120Site preparation
Scores and ratios are computed by Checked and are not a credit decision.