Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of DILSA is 1.4% (low). The 2024 annual accounts show negative equity (€-1k) and a net result of €-6k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 20% of 3381 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.4%
Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile
+Long track record
−Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 32 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 05-06-2025 | 56 d early | 2025-00124281 |
| 31-12-2023 | 31-07-2024 | 25-06-2024 | 36 d early | 2024-00166245 |
| 31-12-2022 | 31-07-2023 | 10-07-2023 | 21 d early | 2023-00226377 |
| 31-12-2021 | 31-07-2022 | 29-06-2022 | 32 d early | 2022-20114379 |
| 31-12-2020 | 31-07-2021 | 30-06-2021 | 31 d early | 2021-28400376 |
| 31-12-2019 | 31-07-2020 | 27-08-2020 | 27 d late | 2020-45500505 |
| 31-12-2018 | 31-07-2019 | 28-08-2019 | 28 d late | 2019-52000348 |
| 31-12-2017 | 31-07-2018 | 05-07-2018 | 26 d early | 2018-28400132 |
| 31-12-2016 | 31-07-2017 | 02-08-2017 | 2 d late | 2017-39700158 |
| 31-12-2015 | 31-07-2016 | 29-07-2016 | 2 d early | 2016-36800301 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2009, 17 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-6k
Working capital€-1k+92.0%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 05-06-2025 with the NBB · fiscal year 2024 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~20.8%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -12.7% | 25.2% | |
| Net result | €-6k | €4k | |
| Equity | €-1k | €22k | |
| Gross operating margin | €-2k | €19k | |
| Total assets | €10k | €105k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P20
Stable position over 2020-2024
· n=977-3381
P24
Weakening position over 2020-2024
· n=974-3367
P25
Stable position over 2020-2024
· n=981-3388
P19
Stable position over 2020-2024
· n=972-3353
Describes the position versus peers, not a forecast.
€-5k
-
18-24
€-6k
-
18-24
€-6k
-
18-24
€10k
-67.3%
18-24
€-1k
-
18-24
€-1k
+92.0%
18-24
€103
-96.6%
18-24
€11k
-56.2%
18-24
Show 8 other metrics
€11k
-56.2%
18-24
0.89
+134.3%
18-24
0.89
+134.3%
18-24
-12.7%
-
18-24
-8.87
-
18-24
480.6%
+31820.4%
18-24
-61.0%
-
18-24
-51.11
-
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-6k |
| Cash flow | €-6k |
| Staff costs | - |
| Income taxes | €103 |
| Dividends | - |
| Total assets | €10k |
| Equity | €-1k |
| Debt | €11k |
| of which ≤ 1y | €11k |
| of which > 1y | - |
| Working capital | €-1k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.89 |
| Quick ratio | 0.89 |
| Working capital ratio | -12.7% |
| Solvency | -12.7% |
| Debt / equity | -8.87 |
| Long-term debt ratio | - |
| Interest coverage | -51.11 |
| Gross margin | - |
| Net margin | - |
| ROA | -61.0% |
| ROE | 480.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €10k |
| Current assets | 29/58 | €10k |
| Amounts receivable within one year | 40/41 | €8k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €10k |
| Equity | 10/15 | €-1k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-22k |
| Amounts payable | 17/49 | €11k |
| Amounts payable within one year | 42/48 | €11k |
| Trade debts payable within one year | 44 | €772 |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-6k |
| Financial charges | 65 | €105 |
| Result before taxes | 9903 | €-6k |
| Income taxes | 67/77 | €103 |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed12
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
2 directors4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
Donovan CARONDirectorState Gazette act 26333752 (01-06-2026)Current31-03-2026 → present
-
Fabrice WAUTIERDirectorState Gazette act 26333752 (01-06-2026)Current31-03-2026 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Groothandel in tapijten(46473) |
| Legal form | Private limited company(610) |
| Incorporation | 25-05-2009 |
| Status | Active |
| Postal code | 1348 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationDilsa
since 20092.178.334.641
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3,270 m²
Buildings2
Building footprint1,485 m²
Volume (LiDAR)33,462 m³
Tallest building30.4 m · ±9 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0190/00A002 | Brussels | 1,849 m² | 1 · 315 m² | 30.4 m · 9 fl. |
| 25386B0066/00C003 | Wallonia | 1,421 m² | 1 · 1,170 m² | 27.5 m · 7 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts Capital history · 1
01-06-2026
Capital conversion
Address history · 3
01-06-2026
Seat change: new_region: Région Wallonne, old_region: Région Bruxelloise, new_address: 1348 Louvain-la-Neuve, Traverse d’Esope, 6
24-01-2018
v3.2
09-04-2015
v3.2
All acts · 3
updated 3 months ago
2026
01-06-2026 Notarial deed · General meeting · Statute amendment · Capital conversion
- Filing: 2026-05-28 · DILSA
- Publication: 2026-06-01 · DILSA
- Notarial deed: 2026-05-28 · DILSA
- General meeting: 2026-05-28 · DILSA
- Statute amendment: adaptation au Code des sociétés et des associations · DILSA
- Capital conversion · DILSA
- Reserve release: amount: 20460.0, currency: EUR · DILSA
- Purpose change: nouvel objet social · DILSA
- Seat change: new_region: Région Wallonne, old_region: Région Bruxelloise, new_address: 1348 Louvain-la-Neuve, Traverse d’Esope, 6 · DILSA
- Officer resignation: 2026-03-31 · Levent CAMLICA
- Officer appointment: role: administrateur, duration: durée illimitée, start_date: 2026-03-31 · Fabrice WAUTIER
- Officer appointment: role: administrateur, duration: durée illimitée, start_date: 2026-03-31 · Donovan CARON
- Mandate compensation: gratuit · Fabrice WAUTIER
- Mandate compensation: gratuit · Donovan CARON
- Officer discharge · Levent CAMLICA
- Power of attorney: établir et déposer la coordination des statuts · Jean-François CAYPHAS
- Power of attorney: exécution des présentes · Fabrice WAUTIER
- Power of attorney: exécution des présentes · Donovan CARON
- Act object: SIEGE SOCIAL, MODIFICATION FORME JURIDIQUE,
Summary:
Notarial deed · General meeting · Statute amendment · Capital conversion
2018
24-01-2018 Registered office moved from BRUXELLES to UCCLE
- Rue François Gay 281, 1150 BRUXELLES → Avenue de l'Aulne 106, 1180 UCCLE
Summary:
v3.2
2015
09-04-2015 Registered office moved from BRUXELLES to WOLUWE SAINT PIERRE
- Rue des Hiboux 48, 1150 BRUXELLES → Rue François Gay 281, 1150 WOLUWE SAINT PIERRE
Summary:
v3.2
Analysis
Financial profile
5 of 5 axes measured62
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
12
Profitability
100
Solvency
42
Growth
58
Stability
100
Credit advice
verdict per customer and amountSimilar
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 45 of the 307 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Groothandel in tapijten46473Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Markt- en opinieonderzoek73200Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameFR | DILSA |
Registered office
Traverse d'Esope 6
1348 Ottignies-Louvain-la-Neuve, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.