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DCS

Active
Public limited companyfounded 2016active for 9 yearsDamstraat 220, 9180 Lokeren, BelgiumKBO/BCE: BE 0667.943.186

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

DCS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €856,419 and a net result of -€6,916. Equity remains stable across the filed financial years (±0.8% per year). Its solvency ranks better than 81% of 5,786 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, full format

2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00424639.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
21-08-2026
Format
full format
Reference
2026-00424639
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,916▲ 92.5%
2024 · -€91,727
Working capital
€856,419▼ 0.8%
2024 · €863,335
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €6,751 in 2025 against €91,586 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.007m 2025 Net result-€0.007m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.002m--€0.006m▼ 137%-€0.005m▲ 13.8%-€0.007m▼ 47.1%-€0.008m▼ 8.5%-€0.005m▲ 31.3%-€0.09m▼ 1,594%-€0.007m▲ 92.6%
Net result-€0.003m--€0.006m▼ 129%-€0.005mwithin the sector's middle half▲ 13.5%-€0.007mwithin the sector's middle half▼ 43.4%-€0.008mwithin the sector's middle half▼ 8.9%-€0.006mwithin the sector's middle half▲ 30.5%-€0.09mbelow the sector's middle half▼ 1,559%-€0.007mwithin the sector's middle half▲ 92.5%
Equity€1.0m-€1.0m▼ 0.6%€1.0mwithin the sector's middle half▼ 0.5%€1.0mwithin the sector's middle half▼ 0.7%€1.0mwithin the sector's middle half▼ 0.8%€1.0mwithin the sector's middle half▼ 0.6%€0.9mwithin the sector's middle half▼ 9.6%€0.9mwithin the sector's middle half▼ 0.8%
Total assets€1.1m-€1.1m▼ 0.6%€1.1mwithin the sector's middle half▼ 0.4%€1.1mwithin the sector's middle half▲ 7.3%€1.1mwithin the sector's middle half▲ 1.1%€1.1mwithin the sector's middle half▼ 0.4%€1.1mwithin the sector's middle half▼ 2.2%€1.0mbelow the sector's middle half▼ 5.9%
Debt€0.08m-€0.08m▼ 0.5%€0.08m▲ 1.1%€0.2m▲ 107%€0.2m▲ 12.4%€0.2m▲ 0.4%€0.2m▲ 36.3%€0.2m▼ 23.7%
Working capital€1.0m-€1.0m▼ 0.6%€1.0mabove the sector's middle half▼ 0.5%€1.0mabove the sector's middle half▼ 0.7%€1.0mabove the sector's middle half▼ 0.8%€1.0mabove the sector's middle half▼ 0.6%€0.9mabove the sector's middle half▼ 9.6%€0.9mwithin the sector's middle half▼ 0.8%
Solvency92.7%-92.7%=92.6%above the sector's middle half▼ 0.1pp85.6%above the sector's middle half▼ 6.9pp84.0%above the sector's middle half▼ 1.6pp83.9%above the sector's middle half▼ 0.1pp77.5%above the sector's middle half▼ 6.3pp81.8%above the sector's middle half▲ 4.2pp
Current ratio13.67-13.66▼ 0.0113.45above the sector's middle half▼ 0.206.96above the sector's middle half▼ 6.496.26above the sector's middle half▼ 0.706.21above the sector's middle half▼ 0.054.45above the sector's middle half▼ 1.755.49above the sector's middle half▲ 1.04
Return on assets (ROA)-0.2%--0.6%▼ 0.3pp-0.5%within the sector's middle half▲ 0.1pp-0.6%within the sector's middle half▼ 0.2pp-0.7%within the sector's middle half▼ 0.1pp-0.5%within the sector's middle half▲ 0.2pp-8.2%below the sector's middle half▼ 7.8pp-0.7%within the sector's middle half▲ 7.6pp
above within below the middle half of NACE 68, Real estate 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.0m
Equity €856,419 ▼ 0.8%
Debt €190,753 ▼ 23.7%
Debt's share of the balance-sheet total falls from 22.5% to 18.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.25▼
2024 · 0.45
Debt to equity
0.22▼
2024 · 0.29
ROE
-0.8%▲
2024 · -10.6%
Debt ≤ 1 year
€190,753▼
2024 · €250,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 92.8% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
1.7% went bankrupt
5.5% stopped otherwise
92.8% still going

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 929 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 21-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.0m▼
Current assets29/58€1.1m€1.0m▼
Stocks and contracts in progress3€1.0m€1.0m=
Stocks30/36€1.0m€1.0m=
Amounts receivable within one year40/41€0.03m€0.03m▲
Other amounts receivable41€0.03m€0.03m▲
Cash at bank and in hand54/58€0.09m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15€0.9m€0.9m▼
Contributions10/11€1.0m€1.0m=
Capital10€1.0m€1.0m=
Issued capital100€1.0m€1.0m=
Profit (loss) carried forward14-€0.1m-€0.1m▼
Amounts payable17/49€0.2m€0.2m▼
Amounts payable within one year42/48€0.2m€0.2m▼
Trade debts44-€0.001m
Suppliers440/4-€0.001m
Other amounts payable47/48€0.2m€0.2m▼
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900-€0.09m-€0.006m▲
Operating profit (loss)9901-€0.09m-€0.007m▲
Financial charges65/66B€141€165▲
Recurring financial charges65€141€165▲
Profit (loss) for the period before taxes9903-€0.09m-€0.007m▲
Profit (loss) for the period9904-€0.09m-€0.007m▲
Profit (loss) for the period to be appropriated9905-€0.09m-€0.007m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.1m▼
Profit (loss) brought forward from the previous period14P-€0.04m-€0.1m▼
Line20182019202020212022202320242025Change
Other operating charges640/8---€5,789€1,130€846€884€691▼ 21.8%
Gross operating margin9900-€1,234-€4,314-€3,674-€1,459-€6,735-€4,561-€90,702-€6,060▲ 93.3%
Operating profit (loss)9901-€2,411-€5,715-€4,928-€7,248-€7,865-€5,406-€91,586-€6,751▲ 92.6%
Financial charges65/66B---€58€93€124€141€165▲ 17.0%
Recurring financial charges65€159€174€169€58€93€124€141€165▲ 17.0%
Profit (loss) for the period before taxes9903-€2,570-€5,889-€5,096-€7,306-€7,958-€5,530-€91,727-€6,916▲ 92.5%
Profit (loss) for the period9904-€2,570-€5,889-€5,096-€7,306-€7,958-€5,530-€91,727-€6,916▲ 92.5%
Profit (loss) for the period to be appropriated9905-€2,570-€5,889-€5,096-€7,306-€7,958-€5,530-€91,727-€6,916▲ 92.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.0m▼ 5.9%
Current assets29/58€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.0m▼ 5.9%
Stocks and contracts in progress3€1.0m€1.0m€1.0m€1.1m€1.1m€1.1m€1.0m€1.0m=
Stocks30/36---€1.1m€1.1m€1.1m€1.0m€1.0m=
Amounts receivable within one year40/41€0.002m€0.003m€0.004m€0.02m€0.02m€0.02m€0.03m€0.03m▲ 2.9%
Trade receivables40---€139-----
Other amounts receivable41---€0.02m€0.02m€0.02m€0.03m€0.03m▲ 2.9%
Cash at bank and in hand54/58€0.02m€0.03m€0.02m€0.007m€0.02m€0.01m€0.09m€0.02m▼ 78.7%
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.0m▼ 5.9%
Equity10/15€1.0m€1.0m€1.0m€1.0m€1.0m€1.0m€0.9m€0.9m▼ 0.8%
Contributions10/11€1.0m€1.0m€1.0m€1.0m€1.0m€1.0m€1.0m€1.0m=
Capital10---€1.0m€1.0m€1.0m€1.0m€1.0m=
Issued capital100---€1.0m€1.0m€1.0m€1.0m€1.0m=
Profit (loss) carried forward14-€0.01m-€0.02m-€0.02m-€0.03m-€0.04m-€0.04m-€0.1m-€0.1m▼ 5.1%
Amounts payable17/49€0.08m€0.08m€0.08m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 23.7%
Amounts payable within one year42/48€0.08m€0.08m€0.08m€0.2m€0.2m€0.2m€0.2m€0.2m▼ 23.7%
Trade debts44€0.001m€252€0.001m€0.003m€0.003m€0.003m-€0.001m-
Suppliers440/4---€0.003m€0.003m€0.003m-€0.001m-
Other amounts payable47/48---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 24.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2,570-€5,889-€5,096-€7,306-€7,958-€5,530-€91,727-€6,916▲ 92.5%
Operating cash flow (approximation)-€2,570-€5,889-€5,096-€7,306-€7,958-€5,530-€91,727-€6,916▲ 92.5%
Change in cash-€4,767-€4,466-€16,340€8,768-€1,962€71,256-€66,981-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference Document
31-12-2025 full format 21-08-2026 2026-00424639 NBB
31-12-2024 abbreviated format 30-08-2025 2025-00484615 PDF
31-12-2023 abbreviated format 26-08-2024 2024-00379911 PDF
31-12-2022 abbreviated format 19-07-2023 2023-00249628 PDF
31-12-2021 abbreviated format 24-08-2022 2022-20310288 PDF
31-12-2020 abbreviated format 03-11-2021 2021-75700246 PDF
31-12-2019 abbreviated format 30-10-2020 2020-67600171 PDF
31-12-2018 abbreviated format 08-10-2019 2019-70000338 PDF
31-12-2017 abbreviated format 29-09-2018 2018-68400403 PDF

Similar companies · same sector, comparable size

Of the 7,222 active companies whose main activity is buying and selling of own real estate (NACE 68110), figures are known for 5,547. 3,372 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.