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DLS

Active
Public limited companyfounded 1992active for 33 yearsKantersteen 47, 1000 Brussel, Belgium264 active companies are registered at this addressKBO/BCE: BE 0448.828.205
Summary

DLS has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360,123 and a net result of €15,787. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 3,849 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200Freight transport by road NACE 49410
2 sites
Size
€1.2mtotal assets 2025
Staff
39.7 FTE
Equity
€360,123
Profit
€15,787
Financial health
82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts 1 day early2 of 8 deeds summarised
Why 82raises riskSize: 39.7 FTE, total assets €1.2mLiquidity: current ratio 1.27, cash €10,077lowers riskFounded in 1992Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 70, small)
Financial strength · tick = 2024
Average
Solvency 55+3
equity 30.4% of total assets
Liquidity 17-4
short-term debt 64.2% · cash 0.9%
Profitability 70-4
return on assets 1.3%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,521 companies, NACE 70, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%▼ -0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.3 percentage points vs 04-2026 06-2026: 0.9%▲ +0.2 percentage points vs 05-2026 07-2026: 1.4%▲ +0.5 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -1.0 percentage point vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.27, compared with 1.28 in 2024, below the usual 1.5; short-term debt: 64.2% and cash: 0.9% of total assets), and 69.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small): better than 30% on solvency, 8% on liquidity and 59% on profitability.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Size: 39.7 FTE, total assets €1.2m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.27, cash €10,077
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €360,123
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
5 days early
2023
4 days early
2022
2 days early
2021
1 day early
2020
1 day early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Amendment of the articlesGeneral meeting

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15,787▼ 68.9%
2024 · €50,695
Working capital
€207,871▲ 0.7%
2024 · €206,392
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen two years in a row; 2025 is 41% below 2024 and is the lowest result in the available series.

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

Operating result€0.05m 2025 Net result€0.02m 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.03m--€0.04m€0.1m€0.1m▲ 5.8%€0.2m▲ 88.8%€0.08m▼ 63.9%€0.05m▼ 40.7%
Net result-€103--€0.06mbelow the sector's middle half▼ 60,375%€0.04mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 169%€0.2mwithin the sector's middle half▲ 92.9%€0.05mwithin the sector's middle half▼ 72.8%€0.02mwithin the sector's middle half▼ 68.9%
Equity€0.04m--€0.02mbelow the sector's middle half€0.01mbelow the sector's middle half€0.1mwithin the sector's middle half▲ 887%€0.3mwithin the sector's middle half▲ 173%€0.3mwithin the sector's middle half▲ 17.3%€0.4mwithin the sector's middle half▲ 4.6%
Total assets€1.8m-€1.6mwithin the sector's middle half▼ 12.7%€1.0mwithin the sector's middle half▼ 37.1%€1.2mwithin the sector's middle half▲ 19.1%€1.2mwithin the sector's middle half▲ 2.6%€1.3mwithin the sector's middle half▲ 4.1%€1.2mwithin the sector's middle half▼ 6.1%
Debt€1.8m-€1.6m▼ 9.4%€1.0m▼ 38.8%€1.1m▲ 9.4%€0.9m▼ 14.4%€0.9m▼ 0.1%€0.8m▼ 10.2%
Working capital-€0.3m--€0.2mbelow the sector's middle half▲ 32.9%-€0.04mwithin the sector's middle half▲ 77.9%-€0.2mbelow the sector's middle half▼ 338%€0.1mwithin the sector's middle half€0.2mwithin the sector's middle half▲ 53.3%€0.2mwithin the sector's middle half▲ 0.7%
Solvency2.1%--1.6%below the sector's middle half▼ 3.7pp1.1%below the sector's middle half▲ 2.7pp9.1%below the sector's middle half▲ 8.0pp24.2%within the sector's middle half▲ 15.1pp27.3%within the sector's middle half▲ 3.1pp30.4%within the sector's middle half▲ 3.1pp
Current ratio0.80-0.84within the sector's middle half▲ 0.050.95within the sector's middle half▲ 0.100.76within the sector's middle half▼ 0.191.20within the sector's middle half▲ 0.451.28within the sector's middle half▲ 0.081.27within the sector's middle half▼ 0.01
Return on assets (ROA)0.0%--4.0%below the sector's middle half▼ 4.0pp3.6%within the sector's middle half▲ 7.6pp8.2%within the sector's middle half▲ 4.6pp15.4%above the sector's middle half▲ 7.2pp4.0%within the sector's middle half▼ 11.3pp1.3%within the sector's middle half▼ 2.7pp
Staff (FTE)46.4-41above the sector's middle half▼ 11.6%40.6above the sector's middle half▼ 1.0%41.2above the sector's middle half▲ 1.5%42.3above the sector's middle half▲ 2.7%40.9above the sector's middle half▼ 3.3%39.7above the sector's middle half▼ 2.9%
above within below the middle half of NACE 70, Activities of head offices; management consultancy 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
Assets €1.2m
Fixed assets €216,283 ▼ 31.8%
Current assets €968,146 ▲ 2.5%
Equity and liabilities €1.2m
Equity €360,123 ▲ 4.6%
Debt €824,306 ▼ 10.2%
Debt's share of the balance-sheet total falls from 72.7% to 69.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€199,689▼
2024 · €209,580
Cash flow
€169,744▼
2024 · €183,102
Debt to equity
2.29▼
2024 · 2.67
ROE
4.4%▼
2024 · 14.7%
Interest coverage
12.66▼
2024 · 13.72
Debt ≤ 1 year
€760,275▲
2024 · €738,342
Debt > 1 year
€58,212▼
2024 · €164,071
Income taxes
€15,521▲
2024 · €11,200
Staff costs
€3.0m▲
2024 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.2% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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 14,766 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 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.2m▼
Fixed assets21/28€0.3m€0.2m▼
Tangible fixed assets22/27€0.3m€0.2m▼
Furniture and vehicles24€0.06m€0.07m▲
Leasing and similar rights25€0.2m€0.1m▼
Financial fixed assets28€0.004m€0.005m▲
Current assets29/58€0.9m€1.0m▲
Amounts receivable within one year40/41€0.9m€0.9m▲
Trade receivables40€0.9m€0.9m▲
Other amounts receivable41€0.02m€0.006m▼
Cash at bank and in hand54/58€0.01m€0.01m▲
Deferred charges and accrued income490/1€0.02m€0.04m▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.2m▼
Equity10/15€0.3m€0.4m▲
Contributions10/11€0.5m€0.5m=
Capital10€0.5m€0.5m=
Issued capital100€0.5m€0.5m=
Reserves13€0.2m€0.2m=
Non-distributable reserves130/1€0.05m€0.05m=
Legal reserve130€0.05m€0.05m=
Tax-exempt reserves132€0.1m€0.1m=
Profit (loss) carried forward14-€0.3m-€0.3m▲
Amounts payable17/49€0.9m€0.8m▼
Amounts payable after more than one year17€0.2m€0.06m▼
Financial debts170/4€0.2m€0.06m▼
Amounts payable within one year42/48€0.7m€0.8m▲
Current portion of amounts payable after more than one year42€0.08m€0.09m▲
Financial debts43€0.08m€0.04m▼
Credit institutions430/8€0.08m€0.04m▼
Trade debts44€0.2m€0.2m▲
Suppliers440/4€0.2m€0.2m▲
Taxes, remuneration and social security45€0.4m€0.4m▲
Taxes450/3€0.07m€0.09m▲
Remuneration and social security454/9€0.3m€0.3m▲
Other amounts payable47/48€80€80=
Accrued charges and deferred income492/3€0.02m€0.006m▼
Income statement Code20242025
Non-recurring operating income76A€0.01m€0▼
Remuneration, social security and pensions62€2.3m€3.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.2m▲
Other operating charges640/8€0.3m€0.3m▲
Non-recurring operating charges66A€476€0.01m▲
Gross operating margin9900€2.8m€3.5m▲
Operating profit (loss)9901€0.08m€0.05m▼
Financial income75/76B€0€0.001m▲
Recurring financial income75€0€0.001m▲
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.06m€0.03m▼
Income taxes67/77€0.01m€0.02m▲
Profit (loss) for the period9904€0.05m€0.02m▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€0.05m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.3m-€0.3m▲
Profit (loss) brought forward from the previous period14P-€0.4m-€0.3m▲
Social balance sheet
Average headcount (FTE)908740.939.7▼

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A-----€0.01m€0▼ 100%
Remuneration, social security and pensions62--€2.2m€2.0m€2.3m€2.3m€3.0m▲ 27.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.4m€0.2m€0.2m€0.2m€0.1m€0.2m▲ 16.3%
Other operating charges640/8--€0.2m€0.2m€0.2m€0.3m€0.3m▲ 19.6%
Non-recurring operating charges66A--€0.007m€0.005m€0.004m€476€0.01m▲ 25×
Gross operating margin9900€3.1m€2.7m€2.7m€2.5m€2.9m€2.8m€3.5m▲ 24.8%
Operating profit (loss)9901€0.03m-€0.04m€0.1m€0.1m€0.2m€0.08m€0.05m▼ 40.7%
Financial income75/76B--€0-€0€0€0.001m▲ 134,643×
Recurring financial income75€0.001m€0.001m€0-€0€0€0.001m▲ 134,643×
Financial charges65/66B--€0.07m€0.009m€0.02m€0.02m€0.02m▲ 3.2%
Recurring financial charges65€0.03m€0.03m€0.01m€0.009m€0.02m€0.02m€0.02m▲ 3.2%
Non-recurring financial charges66B--€0.05m€0----
Profit (loss) for the period before taxes9903€468-€0.06m€0.04m€0.1m€0.2m€0.06m€0.03m▼ 49.4%
Income taxes67/77€0.001m€0.001m€0.005m€0.008m€0.01m€0.01m€0.02m▲ 38.6%
Profit (loss) for the period9904-€103-€0.06m€0.04m€0.1m€0.2m€0.05m€0.02m▼ 68.9%
Transfer from tax-exempt reserves789---€0.07m€0---
Transfer to tax-exempt reserves689--€0-€0.1m€0--
Profit (loss) for the period to be appropriated9905-€103-€0.07m€0.04m€0.2m€0.08m€0.05m€0.02m▼ 68.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€1.8m€1.6m€1.0m€1.2m€1.2m€1.3m€1.2m▼ 6.1%
Fixed assets21/28€0.8m€0.6m€0.3m€0.6m€0.4m€0.3m€0.2m▼ 31.8%
Tangible fixed assets22/27€0.8m€0.6m€0.3m€0.6m€0.4m€0.3m€0.2m▼ 32.5%
Furniture and vehicles24--€0.03m€0.1m€0.08m€0.06m€0.07m▲ 0.3%
Leasing and similar rights25--€0.3m€0.5m€0.3m€0.2m€0.1m▼ 41.1%
Financial fixed assets28€0.003m€0.003m€0.004m€0.004m€0.004m€0.004m€0.005m▲ 18.4%
Current assets29/58€1.0m€1.0m€0.7m€0.5m€0.8m€0.9m€1.0m▲ 2.5%
Amounts receivable within one year40/41€1.0m€0.8m€0.6m€0.5m€0.8m€0.9m€0.9m▲ 1.2%
Trade receivables40--€0.6m€0.5m€0.8m€0.9m€0.9m▲ 2.7%
Other amounts receivable41--€0.001m€0.004m€0.008m€0.02m€0.006m▼ 69.9%
Cash at bank and in hand54/58€0.03m€0.04m€0.07m€0.04m€0.01m€0.01m€0.01m▲ 6.0%
Deferred charges and accrued income490/1--€0.03m€0.01m€0.01m€0.02m€0.04m▲ 51.6%
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.6m€1.0m€1.2m€1.2m€1.3m€1.2m▼ 6.1%
Equity10/15€0.04m-€0.02m€0.01m€0.1m€0.3m€0.3m€0.4m▲ 4.6%
Contributions10/11€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m€0.5m=
Capital10--€0.5m€0.5m€0.5m€0.5m€0.5m=
Issued capital100--€0.5m€0.5m€0.5m€0.5m€0.5m=
Reserves13€0.1m€0.1m€0.1m€0.05m€0.2m€0.2m€0.2m=
Non-distributable reserves130/1--€0.05m€0.05m€0.05m€0.05m€0.05m=
Legal reserve130--€0.05m€0.05m€0.05m€0.05m€0.05m=
Tax-exempt reserves132--€0.07m€0€0.1m€0.1m€0.1m=
Profit (loss) carried forward14-€0.6m-€0.6m-€0.6m-€0.5m-€0.4m-€0.3m-€0.3m▲ 4.9%
Amounts payable17/49€1.8m€1.6m€1.0m€1.1m€0.9m€0.9m€0.8m▼ 10.2%
Amounts payable after more than one year17€0.5m€0.5m€0.2m€0.3m€0.2m€0.2m€0.06m▼ 64.5%
Financial debts170/4--€0.2m€0.3m€0.2m€0.2m€0.06m▼ 64.5%
Amounts payable within one year42/48€1.3m€1.1m€0.7m€0.7m€0.7m€0.7m€0.8m▲ 3.0%
Current portion of amounts payable after more than one year42--€0.2m€0.2m€0.09m€0.08m€0.09m▲ 4.1%
Financial debts43-----€0.08m€0.04m▼ 42.1%
Credit institutions430/8-----€0.08m€0.04m▼ 42.1%
Trade debts44€0.2m€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 1.9%
Suppliers440/4--€0.2m€0.2m€0.2m€0.2m€0.2m▲ 1.9%
Taxes, remuneration and social security45--€0.3m€0.4m€0.3m€0.4m€0.4m▲ 13.2%
Taxes450/3--€0.07m€0.09m€0.04m€0.07m€0.09m▲ 26.8%
Remuneration and social security454/9--€0.2m€0.3m€0.3m€0.3m€0.3m▲ 9.8%
Other amounts payable47/48--€0.004m€0€0.01m€80€80=
Accrued charges and deferred income492/3--€0.006m€0.02m€0.01m€0.02m€0.006m▼ 61.9%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€103-€62,417€35,858€96,521€186,233€50,695€15,787▼ 68.9%
+ Depreciation and write-downs630€346,595€383,411€218,455€182,431€180,964€132,407€153,956▲ 16.3%
Operating cash flow (approximation)€346,491€320,994€254,313€278,952€367,197€183,102€169,744▼ 7.3%
Investment in fixed assets (approximation)--€239,734€119,425-€537,234€39,392-€30,724-€52,951▼ 72.3%
Change in cash-€12,563€21,415-€29,385-€24,698-€1,845€575-

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

Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 30-07-2026 2026-00354917
30-09-2024 full format 25-04-2025 2025-00077627
30-09-2023 full format 26-04-2024 2024-00072470
30-09-2022 full format 28-04-2023 2023-00077033
30-09-2021 full format 29-04-2022 2022-20013077
30-09-2020 full format 29-04-2021 2021-12800101
30-09-2019 full format 30-04-2020 2020-10400479
30-09-2018 full format 18-06-2019 2019-19000044
30-09-2017 full format 27-04-2018 2018-10800568
30-09-2016 full format 28-04-2017 2017-10300413

Show all 34 filings

Similar companies · same sector, comparable size

Of the 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,247. 37,770 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €45,743 awarded · €45,400 paid
Year Entries AwardedPaid
2025 1 €812€812
2024 1 €1,841€1,498
2023 2 €42,586€42,586
2022 1 €504€504
Schemes
1 entry · €42,000 · €42,000 paid · Departement Mobiliteit en Openbare Werken
4 entries · €3,743 · €3,400 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
No directors read yet: 2 of 8 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Capital and shareholders

Capital over the years
  1. 08-12-2023 Capital stated in the deed · €508,181.73 · 900 shares

Group and network

Connections & network

No directors read yet: 2 of 8 Gazette acts processed.

History

DLS was incorporated on 4 December 1992.1 Total assets fell from €1.8m in 2019 to €1.2m in 2025 and headcount from 46.4 to 39.7 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

2026
30-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
25-04
NBB filing Annual accounts filed
financial year 2024 · full format
2024
04-12
Gazette deed Amendment of the articles
General meeting3 facts ▸
  • General meeting, 28-11-2024
  • Other provision, “conformément à la décision précédente, établir et signer la coordination” (deed in French)
  • Other provision, “résultat des votes, unanimité des voix” (deed in French)
26-04
NBB filing Annual accounts filed
financial year 2023 · full format
2023
08-12
Gazette deed Amendment of the articles · Miscellaneous
Capital · Registered office clause5 facts ▸
  • General meeting, 04-12-2023
  • Amendment of the articles (2 times)
  • Capital, €508,181.73
  • Registered office clause, “1000 Bruxelles, Cantersteen 47, réputée être intervenue valablement” (deed in French)
  • Other provision, “unanimité des décisions, prises à l’unanimité des voix” (deed in French)
30-09
Financial Highest result from 2019 to 2025net €186,233 ▲92.9%
Operating result €213,612, net result €186,233, both a record.
30-09
Financial Equity above €200,000equity €293,641 ▲173%
3 profitable years in a row build equity to €293,641.
28-04
NBB filing Annual accounts filed
financial year 2022 · full format
2022
30-09
Financial Equity above €100,000equity €107,408 ▲887%
2 profitable years in a row build equity to €107,408.
29-04
NBB filing Annual accounts filed
financial year 2021 · full format
2021
30-09
Financial Back to profitnet €35,858
Net result €35,858 after 2 loss-making years.
29-04
NBB filing Annual accounts filed
financial year 2020 · full format
Show earlier events
2020
30-09
Financial Weakest financial yearnet -€62,417
Net result drops to -€62,417, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
financial year 2019 · full format
2019
18-06
NBB filing Annual accounts filed
financial year 2018 · full format · 49 days late
2018
27-04
NBB filing Annual accounts filed
financial year 2017 · full format
2017
28-04
NBB filing Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 34 annual accounts filed, the latest 10 are here; all 34 are under Financials.
2 of 8 deeds read
About the unread acts

Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded04-12-1992
Financial year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
70200Business and other management consultancy
52250Logistics services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448828205
Also 9925:BE0448828205
Registered 02-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

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

Recognitions · licences · registrations

Food safety, FASFC

1 site
Asseunit no. 2.226.977.369
5 permissions
Opslag andere dan levensmiddelen · since 01-03-2024
Opslag van gewasbeschermingsmiddelen · since 01-03-2024
Vervoeder afgeleide producten van dierlijke bijproducten · since 01-03-2024
and 2 more

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Brussel · 2 establishment units since 1993
registered office establishment approximate All 2 establishment units on the map
Ground area
1.3 ha
Building footprint
1.1 ha
Building volume
205,109 m³
2 parcels, Brussels, Flanders · tallest building 44.7 m. Linked by address, not a title deed.
264 companies at this address See who is registered here
2 establishment units
DLS
Kantersteen 47, 1000 BrusselFreight transport by road
since 1993unit no. 2.060.305.041
DLS
Z. 5 Mollem 515, 1730 AsseBusiness and other management consultancy
since 2013unit no. 2.226.977.369
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21804D0900/00E002
ProtectedMonumentRavensteingalerijSource ↗
Brussels 6,828 m² 1 · 7,874 m² 44.7 m · 8
23053B0228/00E002indicative Flanders 6,140 m² 1 · 3,330 m² 9.9 m · 3
How the parcels are linked
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Fournir des conseils et des prestations financières, techniques, juridiques, logistiques, commerciales ou administratives; Stimuler…” (deed in French)
16 activities (deed in French)
  1. Fournir des conseils et des prestations financières, techniques, juridiques, logistiques, commerciales ou administratives
  2. Stimuler, projeter et coordonner le développement d’autres personnes morales ou entreprises
  3. Exercer des missions et fonctions d’administration
  4. Entreprendre l’étude, le développement, la fabrication ou commercialisation de nouveaux produits et technologies et leurs applications
  5. Développer, acheter et vendre, prendre sous licence ou accorder un brevet d’invention, le savoir-faire et l’actif fixe immatériel
  6. La constitution d’un patrimoine, comprenant Tous biens immobiliers, tant construits qu'à construire, tant en Belgique qu’à l’étranger, ainsi que tous droits immobiliers relatifs à de tels biens (y compris les droits d’emphytéose ou de superficie)
  7. Tous investissements financiers, tant dans des valeurs à rente fixe que dans des actions, émises par des sociétés belges ou étrangères
  8. L’octroi de prêts et avances à toutes personnes, physiques ou morales, avec ou sans garanties réelles
  9. La revente occasionnelle du patrimoine ou d’un ou plusieurs éléments de ce patrimoine, sera possible si un remploi plus intéressant se présente ou si le marché postule à une revente, suivie d’un remploi plus adéquat à la situation du marché
  10. L’achat, la vente, l’importation, l’exportation, l’exploitation, le traitement, la commercialisation, la distribution, la représentation générale, le commerce en gros et en détail de tous produits industriels, commerciaux, agricoles, alimentaires, artisanaux, énergétiques, chimiques, intellectuels et naturels de tout genre et tous les autres produits utiles ou nécessaires pour la réalisation de cette part de la raison sociale de la société
  11. Le transport de personnes et de biens, dans le sens le plus large
  12. Par voie d’apport en espèces ou en nature, de fusion de souscription, de participation, d’intervention financière ou autrement prendre des participations dans d’autres sociétés ou entreprises existantes ou à créer, que ce soit en Belgique ou à l’étranger, dont l’objet social serait semblable ou analogue au sien ou de nature à favoriser son objet social
  13. D’une façon générale, faire tous achats, transactions ou opérations commerciales, industrielles, financières, mobilières et immobilières, se rapportant directement ou indirectement en tout ou en partie à son objet social ou que serait de nature à faciliter ou à développer la réalisation de cet objet
  14. Prendre la direction et le contrôle, en qualité d’administrateur, de liquidateur ou autrement, de sociétés affiliées ou filiales, et leur prodiguer des avis
  15. Accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui serait de nature à en faciliter la réalisation directement ou indirectement, entièrement ou partiellement
  16. S'intéresser par voies d'apports, de souscriptions, d'intervention financière, ou par tout autre mode, dans toute société ou entreprise ayant, en tout ou en partie un objet similaire ou connexe au sien ou susceptible d'en faciliter l'extension et le développement

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DLS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, établir ou supprimer des sièges administratifs, agences, ateliers, dépôts et succursales tant en Belgique qu’à…” (deed in French)

deed of 08-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Assemblée générale peut allouer, si et mesure mandat rémunéré” (deed in French)
1 more provision on this in the deed

deed of 08-12-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs au prorata si pluralité, Cession et transmission des actions” (deed in French)

deed of 08-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 18:00

deed of 04-12-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque raison que ce soit et à n’importe quel moment, liquidation par le conseil d’administration en fonction à défaut de…” (deed in French)
“Toutes les opérations prévues par la loi, majorité des voix” (deed in French)

deed of 08-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Augmentation et réduction du capital et répartition en cas de démembrement, sauf convention contraire entre nu-propriétaire et usufruitier” (deed in French)
Other provision: “Droit de préférence en cas de souscription en espèces, actions souscrites en numéraire offertes d'abord aux actionnaires proportionnellement…” (deed in French)
Other provision: “Nominatives, Nature des actions” (deed in French)
Other provision: “Indivisibilité des actions, droits exercés par débiteur-gagiste” (deed in French)
Other provision: “Pouvoirs du conseil d'administration/administrateur unique, tous membres présents” (deed in French)
Other provision: “Contrôle société, lorsque loi exige” (deed in French)
Other provision: “Admission assemblée générale vote, inscrit registre titres nominatifs catégorie” (deed in French)
Other provision: “Sept jours ouvrables avant assemblée, vote par correspondance” (deed in French)
Other provision: “Composition bureau, président conseil administration” (deed in French)
Other provision: “Ne peut délibérer points hors ordre du jour, délibération ordre du jour” (deed in French)
Other provision: “Assemblée générale procédure écrite, décisions pouvoir assemblée” (deed in French)
Other provision: “Droit de vote, 1” (deed in French)
Other provision: “Toute assemblée générale, annuelle, extraordinaire ou spéciale, prorogation de l’assemblée générale” (deed in French)
Other provision: “Procès-verbaux de l’assemblée générale, registre spécial tenu au siège social” (deed in French)
Other provision: “Affectation des bénéfices, majorité des voix” (deed in French)
Other provision: “Paiement des dividendes et acomptes, conformément aux dispositions légales” (deed in French)
Liquidation distribution: “Au prorata du nombre d’actions, après paiement de toutes les dettes, charges et frais de liquidation, ou après consignation des montants…” (deed in French)
Other provision: “Élection de domicile, domicilié à l’étranger” (deed in French)
Other provision: “Application du Code des sociétés et des associations” (deed in French)
4 more provisions in the deed, see the deed of 08-12-2023

deed of 08-12-2023