DLS
ActiveSummary
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
- Staff
- 39.7 FTE
- Equity
- €360,123
- Profit
- €15,787
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
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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
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)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Amendment of the articlesGeneral meeting
Financials · financial year 2025, full format
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
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).
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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.
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 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 to 2025 · 5 entries · €45,743 awarded · €45,400 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €812 | €812 |
| 2024 | 1 | €1,841 | €1,498 |
| 2023 | 2 | €42,586 | €42,586 |
| 2022 | 1 | €504 | €504 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 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
Acts, filings and financial milestones
04-12
Gazette deed
Amendment of the articlesGeneral 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)
08-12
Gazette deed
Amendment of the articles · MiscellaneousCapital · 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)
Show earlier events
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.
Register details
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 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21804D0900/00E002 | 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
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)
- Fournir des conseils et des prestations financières, techniques, juridiques, logistiques, commerciales ou administratives
- Stimuler, projeter et coordonner le développement d’autres personnes morales ou entreprises
- Exercer des missions et fonctions d’administration
- Entreprendre l’étude, le développement, la fabrication ou commercialisation de nouveaux produits et technologies et leurs applications
- Développer, acheter et vendre, prendre sous licence ou accorder un brevet d’invention, le savoir-faire et l’actif fixe immatériel
- 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)
- Tous investissements financiers, tant dans des valeurs à rente fixe que dans des actions, émises par des sociétés belges ou étrangères
- L’octroi de prêts et avances à toutes personnes, physiques ou morales, avec ou sans garanties réelles
- 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
- 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
- Le transport de personnes et de biens, dans le sens le plus large
- 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
- 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
- Prendre la direction et le contrôle, en qualité d’administrateur, de liquidateur ou autrement, de sociétés affiliées ou filiales, et leur prodiguer des avis
- 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
- 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
- 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)
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
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)
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
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)