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DHAST

Active
Private limited companyfounded 201412 yrs activeStaatsbaan 232, 9870 Zulte, BelgiumKBO/BCE: BE 0550.423.233
Summary

DHAST has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.1m and a net result of €82,210. Equity is growing by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability39▼-9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
short-term debt: 0.1% and cash: 1.6% of total assets, and 0.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
0.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
12 d late
2024
17 d early
2023
14 d early
2022
21 d early
2021
17 d early
2020
19 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DHAST was incorporated on 25 March 2014.1 Total assets rose from EUR 8 million in 2018 to EUR 11 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€11.1m▲ 0.7%
2024 · €11.0m
Total assets
€11.1m▲ 0.7%
2024 · €11.0m
Net result
€82,210▼ 82.9%
2024 · €481,040
Working capital
€3.8m▲ 2.2%
2024 · €3.7m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€1,750▼ 0.1%-€1,791▼ 2.3%-€3,849▼ 115%-€2,124▲ 44.8%-€2,016▲ 5.1%
Net result€418,039▲ 1,802%€95,596▼ 77.1%€469,456▲ 391%€481,040▲ 2.5%€82,210▼ 82.9%
Equity€10.0m▲ 4.4%€10.1m▲ 1.0%€10.5m▲ 4.7%€11.0m▲ 4.6%€11.1m▲ 0.7%
Total assets€10.0m▲ 4.7%€10.1m▲ 0.4%€10.6m▲ 5.0%€11.0m▲ 4.3%€11.1m▲ 0.7%
Debt€68,307▲ 92.5%€14,465▼ 78.8%€52,267▲ 261%€23,354▼ 55.3%€15,463▼ 33.8%
Working capital€2.7m▲ 18.5%€2.8m▲ 3.6%€3.2m▲ 17.0%€3.7m▲ 14.9%€3.8m▲ 2.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2022 Net result -77% on 2021. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: -€1,750-€1,750Net result 2021: €418,039€418,039Operating result 2022: -€1,791-€1,791Net result 2022: €95,596€95,596Operating result 2023: -€3,849-€3,849Net result 2023: €469,456€469,456Operating result 2024: -€2,124-€2,124Net result 2024: €481,040€481,040Operating result 2025: -€2,016-€2,016Net result 2025: €82,210€82,21020212022202320242025-€200,000€0€200,000€400,000Operating result 2023: -€3,849-€3,850Net result 2023: €469,456€469,000Operating result 2024: -€2,124-€2,120Net result 2024: €481,040€481,000Operating result 2025: -€2,016-€2,020Net result 2025: €82,210€82,200202320242025
The operating result stays negative: a loss of €2,016 in 2025 against €2,124 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.1m
Fixed assets €7.3m =
Current assets €3.8m ▲ 2.0%
Equity and liabilities €11.1m
Equity €11.1m ▲ 0.7%
Debt €15,463 ▼ 33.8%
Debt's share of the balance-sheet total falls from 0.2% to 0.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.00
ROE
0.7%▼
2024 · 4.4%
ROA
0.7%▼
2024 · 4.4%
Debt ≤ 1 year
€15,463▼
2024 · €23,354
Income taxes
€15,420▼
2024 · €52,489
A ratio outside any meaningful range has been withheld (balance sheet total €11.1m, equity €11.1m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€11.0m€11.1m▲
Fixed assets21/28€7.3m€7.3m=
Financial fixed assets28€7.3m€7.3m=
Current assets29/58€3.7m€3.8m▲
Amounts receivable after more than one year29€500,000€500,000=
Other amounts receivable291€500,000€500,000=
Amounts receivable within one year40/41€400,000€424,601▲
Other amounts receivable41€400,000€424,601▲
Current investments50/53€2.6m€2.7m▲
Cash at bank and in hand54/58€214,998€174,033▼
Deferred charges and accrued income490/1-€5,358
Equity and liabilities
Total equity and liabilities10/49€11.0m€11.1m▲
Equity10/15€11.0m€11.1m▲
Contributions10/11€6.8m€6.8m=
Reserves13€4.2m€4.3m▲
Distributable reserves133€4.2m€4.3m▲
Amounts payable17/49€23,354€15,463▼
Amounts payable within one year42/48€23,354€15,463▼
Trade debts44-€998
Suppliers440/4-€998
Taxes, remuneration and social security45€8,889-
Taxes450/3€8,889-
Other amounts payable47/48€14,465€14,465=
Income statement Code20242025
Other operating charges640/8€1,108€1,143▲
Gross operating margin9900-€1,016-€874▲
Operating profit (loss)9901-€2,124-€2,016▲
Financial income75/76B€538,838€102,790▼
Recurring financial income75€538,838€102,790▼
Financial charges65/66B€3,185€3,144▼
Recurring financial charges65€3,185€3,144▼
Profit (loss) for the period before taxes9903€533,529€97,630▼
Income taxes67/77€52,489€15,420▼
Profit (loss) for the period9904€481,040€82,210▼
Profit (loss) for the period to be appropriated9905€481,040€82,210▼
Appropriation of the result
Profit (loss) to be appropriated9906€481,040€82,210▼
Transfer to equity691/2€481,040€82,210▼
To other reserves6921€481,040€82,210▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€988€990€1,092€1,108€1,143▲ 3.1%
Gross operating margin9900-€762-€801-€2,757-€1,016-€874▲ 14.0%
Operating profit (loss)9901-€1,750-€1,791-€3,849-€2,124-€2,016▲ 5.1%
Financial income75/76B€485,749€409,151€522,986€538,838€102,790▼ 80.9%
Recurring financial income75€485,749€409,151€522,986€538,838€102,790▼ 80.9%
Financial charges65/66B€2,985€300,934€1,879€3,185€3,144▼ 1.3%
Recurring financial charges65€2,985€300,934€1,879€3,185€3,144▼ 1.3%
Profit (loss) for the period before taxes9903€481,013€106,426€517,258€533,529€97,630▼ 81.7%
Income taxes67/77€62,974€10,830€47,802€52,489€15,420▼ 70.6%
Profit (loss) for the period9904€418,039€95,596€469,456€481,040€82,210▼ 82.9%
Profit (loss) for the period to be appropriated9905€418,039€95,596€469,456€481,040€82,210▼ 82.9%
Line20212022202320242025Change
Assets
Total assets20/58€10.0m€10.1m€10.6m€11.0m€11.1m▲ 0.7%
Fixed assets21/28€7.3m€7.3m€7.3m€7.3m€7.3m=
Financial fixed assets28€7.3m€7.3m€7.3m€7.3m€7.3m=
Current assets29/58€2.7m€2.8m€3.3m€3.7m€3.8m▲ 2.0%
Amounts receivable after more than one year29€500,000€500,000€500,000€500,000€500,000=
Other amounts receivable291€500,000€500,000€500,000€500,000€500,000=
Amounts receivable within one year40/41-€39,170€39,170€400,000€424,601▲ 6.2%
Other amounts receivable41-€39,170€39,170€400,000€424,601▲ 6.2%
Current investments50/53€1.7m€2.1m€2.5m€2.6m€2.7m▲ 3.2%
Cash at bank and in hand54/58€551,310€150,089€245,131€214,998€174,033▼ 19.1%
Deferred charges and accrued income490/1----€5,358-
Equity and liabilities
Total equity and liabilities10/49€10.0m€10.1m€10.6m€11.0m€11.1m▲ 0.7%
Equity10/15€10.0m€10.1m€10.5m€11.0m€11.1m▲ 0.7%
Contributions10/11€6.8m€6.8m€6.8m€6.8m€6.8m=
Reserves13€3.2m€3.3m€3.7m€4.2m€4.3m▲ 1.9%
Non-distributable reserves130/1€678,938€678,938----
Reserves not available under the articles1311€678,938€678,938----
Distributable reserves133€2.5m€2.6m€3.7m€4.2m€4.3m▲ 1.9%
Amounts payable17/49€68,307€14,465€52,267€23,354€15,463▼ 33.8%
Amounts payable within one year42/48€68,307€14,465€52,267€23,354€15,463▼ 33.8%
Trade debts44€868---€998-
Suppliers440/4€868---€998-
Taxes, remuneration and social security45€52,974-€37,802€8,889--
Taxes450/3€52,974-€37,802€8,889--
Other amounts payable47/48€14,465€14,465€14,465€14,465€14,465=
Line20212022202320242025Change
Profit (loss) for the period9904€418,039€95,596€469,456€481,040€82,210▼ 82.9%
Operating cash flow (approximation)€418,039€95,596€469,456€481,040€82,210▼ 82.9%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€401,221€95,042-€30,133-€40,966▼ 36.0%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity triplescurrent ratio 160.19
Current ratio from 62.93 to 160.19; short-term debt falls from €52,267 to €23,354.
17-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
10-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity times 5current ratio 192.31
Current ratio from 40.11 to 192.31; short-term debt falls from €68,307 to €14,465.
31-12
Financial Equity above €10mEq €10.1m ▲1%
4 profitable years in a row build equity to €10.1m.
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €1.6m
Net result €1.6m after one loss-making year.
01-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 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
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, Zulte · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
465 m²
Building footprint
166 m²
Volume, LiDAR
656 m³
Parcel 44081A0360/00K002, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DHAST
Staatsbaan 232, 9870 ZulteFinancial service activities, except insurance and pension funding
since 20142.230.385.435
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44081A0360/00K002 Flanders 465 m² 1 · 166 m² 5.1 m · 1 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

According to the 2025 annual accounts of DHAST and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

894500AX2Y08Z3EVEC84
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded25-03-2014
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0550423233
Also 9925:BE0550423233
Registered 23-09-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.