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DLS

Active
Private limited companyfounded 2022active for 3 yearsKerkstraat 35, 2380 Ravels, BelgiumKBO/BCE: BE 0795.166.507

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of DLS is 4.8% (elevated). The 2024 annual accounts show equity of €31,146 and a net result of €13,600. Its solvency ranks better than 77% of 35,973 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 21-12-2022 Normal situation
Legal form
Private limited company
Registered office
Kerkstraat 35, 2380 Ravels
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 3 others
Establishment unit
2.339.838.156 2380 Ravels, since 21-12-2022
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Who decides

Board

How it is doing

41 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Annual accounts 2024
Gross margin
€24,780
▲ 1.8%
Turnover
≈ €310,000
estimated
Profit
€13,600
▲ 0.4%
Equity
€31,146
▲ 77.5%
Total assets
€43,971
▲ 41.6%
2025 accounts not filed, 93 days past the deadline
Filed on 08-10-2025PDF
Why 41raises risk1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 08-10-2025)Size: total assets €43,971Founded in 2022Show the evidence

Checked score

Score 2024
41 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 74% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency 96+15
equity 70.8% of total assets
Liquidity 47-9
short-term debt 29.0% · cash 7.4%
Profitability 100=
return on assets 30.9%
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.5%lowest value 12-2024: 1.6%▲ +0.1 percentage points vs 11-2024 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.7%▲ +0.1 percentage points vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.7%● unchanged vs 05-2025 07-2025: 1.7%● unchanged vs 06-2025 08-2025: 2.3%▲ +0.6 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 3.8%▲ +1.2 percentage points vs 09-2025 11-2025: 3.2%▼ -0.6 percentage points vs 10-2025 12-2025: 3.2%● unchanged vs 11-2025 01-2026: 3.2%● unchanged vs 12-2025 02-2026: 3.1%▼ -0.1 percentage points vs 01-2026 03-2026: 3.2%▲ +0.1 percentage points vs 02-2026 04-2026: 3.3%▲ +0.1 percentage points vs 03-2026 05-2026: 3.3%● unchanged vs 04-2026 06-2026: 3.3%● unchanged vs 05-2026 07-2026: 3.4%▲ +0.1 percentage points vs 06-2026 08-2026: 3.9%▲ +0.5 percentage points vs 07-2026 09-2026: 3.7%▼ -0.2 percentage points vs 08-2026 10-2026: 4.8%▲ +1.1 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 2.38, compared with 1.06 in 2023, above the usual 1.5; short-term debt: 29% and cash: 7.4% of total assets), and 29.2% 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 43, micro): better than 77% on solvency, 39% on liquidity, 92% on profitability and 89% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 08-10-2025)
NBB · annual accounts
raises risk · Size: total assets €43,971
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 69 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
69 days late
2023
49 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 59 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Latest annual accounts filed

Annual accounts 2024

Download PDF
Financial year ended
31-12-2024
Filed on
08-10-2025
Format
micro format
Reference
2025-00535404
Turnover
≈ €310,000
Estimated: probably between €180,000 and €450,000
Total assets
€43,971▲ 41.6%
2023 · €31,064
Net result
€13,600▲ 0.4%
2023 · €13,546
Working capital
€17,570▲ 24×
2023 · €746
Trend over the years

2023 to 2024, 2 financial years

The operating result falls in 2024; 2024 is 3% below 2023.

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

Operating result€19,597 2024 Net result€13,600 2024

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

Sector: the middle half of NACE 43, Specialised construction 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
Line20232024
Operating result€20,182-€19,597▼ 2.9%
Net result€13,546within the sector's middle half-€13,600within the sector's middle half▲ 0.4%
Equity€17,546below the sector's middle half-€31,146within the sector's middle half▲ 77.5%
Total assets€31,064below the sector's middle half-€43,971below the sector's middle half▲ 41.6%
Debt€13,518-€12,825▼ 5.1%
Working capital€746below the sector's middle half-€17,570within the sector's middle half▲ 24×
Solvency56.5%within the sector's middle half-70.8%above the sector's middle half▲ 14.3pp
Current ratio1.06below the sector's middle half-2.38within the sector's middle half▲ 1.32
Return on assets (ROA)43.6%above the sector's middle half-30.9%above the sector's middle half▼ 12.7pp
above within below the middle half of NACE 43, Specialised construction 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43,971
Fixed assets €13,637 ▼ 18.8%
Current assets €30,334 ▲ 113%
Equity and liabilities €43,971
Equity €31,146 ▲ 77.5%
Debt €12,825 ▼ 5.1%
Debt's share of the balance-sheet total falls from 43.5% to 29.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€22,759▼
2023 · €23,137
Cash flow
€16,763▲
2023 · €16,501
Quick ratio
2.22▲
2023 · 0.97
Debt to equity
0.41▼
2023 · 0.77
ROE
43.7%▼
2023 · 77.2%
Interest coverage
9.31▼
2023 · 12.53
Debt ≤ 1 year
€12,764▼
2023 · €13,518
Income taxes
€4,285▼
2023 · €4,790
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 4.8% 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 39,278 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 · 2024 against 2023 · 40 lines

Source: Annual accounts 2024 (PDF), filed with the National Bank on 08-10-2025.

Balance sheet Code20232024
Assets
Total assets20/58€31,064€43,971▲
Fixed assets21/28€16,800€13,637▼
Tangible fixed assets22/27€16,800€13,637▼
Land and buildings22€5,009€4,747▼
Furniture and vehicles24€11,791€8,891▼
Current assets29/58€14,264€30,334▲
Stocks and contracts in progress3€1,189€1,950▲
Stocks30/36€1,189€1,950▲
Amounts receivable within one year40/41€4,729€24,164▲
Trade receivables40€3,949€1,681▼
Other amounts receivable41€780€22,483▲
Cash at bank and in hand54/58€6,639€3,258▼
Deferred charges and accrued income490/1€1,707€963▼
Equity and liabilities
Total equity and liabilities10/49€31,064€43,971▲
Equity10/15€17,546€31,146▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€13,546€27,146▲
Amounts payable17/49€13,518€12,825▼
Amounts payable within one year42/48€13,518€12,764▼
Trade debts44€3,105€1,690▼
Suppliers440/4€3,105€1,690▼
Taxes, remuneration and social security45€7,540€11,074▲
Taxes450/3€4,790€9,074▲
Remuneration and social security454/9€2,750€2,000▼
Other amounts payable47/48€2,873€0▼
Accrued charges and deferred income492/3-€61
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,955€3,163▲
Other operating charges640/8€1,196€2,021▲
Gross operating margin9900€24,332€24,780▲
Operating profit (loss)9901€20,182€19,597▼
Financial income75/76B€0€733▲
Recurring financial income75€0€733▲
Financial charges65/66B€1,846€2,445▲
Recurring financial charges65€1,846€2,445▲
Profit (loss) for the period before taxes9903€18,336€17,885▼
Income taxes67/77€4,790€4,285▼
Profit (loss) for the period9904€13,546€13,600▲
Profit (loss) for the period to be appropriated9905€13,546€13,600▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,546€27,146▲
Profit (loss) brought forward from the previous period14P-€13,546

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,955€3,163▲ 7.0%
Other operating charges640/8€1,196€2,021▲ 69.0%
Gross operating margin9900€24,332€24,780▲ 1.8%
Operating profit (loss)9901€20,182€19,597▼ 2.9%
Financial income75/76B€0€733▲ 2,095×
Recurring financial income75€0€733▲ 2,095×
Financial charges65/66B€1,846€2,445▲ 32.4%
Recurring financial charges65€1,846€2,445▲ 32.4%
Profit (loss) for the period before taxes9903€18,336€17,885▼ 2.5%
Income taxes67/77€4,790€4,285▼ 10.5%
Profit (loss) for the period9904€13,546€13,600▲ 0.4%
Profit (loss) for the period to be appropriated9905€13,546€13,600▲ 0.4%
Line20232024Change
Assets
Total assets20/58€31,064€43,971▲ 41.6%
Fixed assets21/28€16,800€13,637▼ 18.8%
Tangible fixed assets22/27€16,800€13,637▼ 18.8%
Land and buildings22€5,009€4,747▼ 5.2%
Furniture and vehicles24€11,791€8,891▼ 24.6%
Current assets29/58€14,264€30,334▲ 113%
Stocks and contracts in progress3€1,189€1,950▲ 64.0%
Stocks30/36€1,189€1,950▲ 64.0%
Amounts receivable within one year40/41€4,729€24,164▲ 411%
Trade receivables40€3,949€1,681▼ 57.4%
Other amounts receivable41€780€22,483▲ 29×
Cash at bank and in hand54/58€6,639€3,258▼ 50.9%
Deferred charges and accrued income490/1€1,707€963▼ 43.6%
Equity and liabilities
Total equity and liabilities10/49€31,064€43,971▲ 41.6%
Equity10/15€17,546€31,146▲ 77.5%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€13,546€27,146▲ 100%
Amounts payable17/49€13,518€12,825▼ 5.1%
Amounts payable within one year42/48€13,518€12,764▼ 5.6%
Trade debts44€3,105€1,690▼ 45.6%
Suppliers440/4€3,105€1,690▼ 45.6%
Taxes, remuneration and social security45€7,540€11,074▲ 46.9%
Taxes450/3€4,790€9,074▲ 89.5%
Remuneration and social security454/9€2,750€2,000▼ 27.3%
Other amounts payable47/48€2,873€0▼ 100%
Accrued charges and deferred income492/3-€61-
Line20232024Change
Profit (loss) for the period9904€13,546€13,600▲ 0.4%
+ Depreciation and write-downs630€2,955€3,163▲ 7.0%
Operating cash flow (approximation)€16,501€16,763▲ 1.6%
Investment in fixed assets (approximation)-€0-
Change in cash--€3,382-

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 (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 08-10-2025 2025-00535404 PDF
31-12-2023 micro format 18-09-2024 2024-00464041 PDF

Similar companies · same sector, comparable size

Of the 9,483 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,768. 4,159 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.

Directors

Directors
1 director, no change since 2022
LEFEBVRE,Davy Michel Melanie
Director (not named in the articles) · since 21-12-2022 · in the 2024 annual accounts, filed on 08-10-2025
Current

Mandate history

1 person, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
LEFEBVRE,Davy Michel Melanie
  • Director (not named in the articles), appointed in the act of 23-12-2022, still in office
See the board, name and registered office on a given date →

How the board is organised

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur;bij gebrek onbepaalde duur;statutair indien benoemd in statuten, natuurlijke personen of rechtspersonen,al…”

Articles of association, deed of 23-12-2022

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 23-12-2022 ↗
Capital over the years
  1. 23-12-2022 Incorporation · €4,000 · 100 shares

Other provisions of the articles of association

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Individueel, dagelijks bestuur”
Other provision: “Winstverdeling, algemene vergadering”
Liquidation distribution: “Netto actief naar verhouding aantal aandelen;goederen in natura zelfde wijze”
3 more provisions in the deed, see the deed of 23-12-2022

Articles of association, deed of 23-12-2022 (in Dutch)

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 21 December 2022, DLS was incorporated as a private limited company by one natural person, with a starting capital of €4,000.12 LEFEBVRE,Davy Michel Melanie has served as director of the company since 2022.3 The company has filed 2 sets of annual accounts, the latest for financial year 2024.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-12-2022
  3. 3National Bank, annual accounts 2024
  4. 4National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
08-10
NBB filing Annual accounts filedPDF
financial year 2024 · micro format · 69 days late
2024
31-12
Financial Liquidity more than doubledcurrent ratio 2.38
Current ratio from 1.06 to 2.38; short-term debt falls from €13,518 to €12,764.
18-09
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 49 days late
2022
23-12
Gazette deed Incorporation
Appointment: LEFEBVRE,Davy Michel Melanie (director) · Founder · Founding capital4 facts ▸
  • Incorporation, “DLS” (deed in Dutch)
  • Founder, LEFEBVRE,Davy Michel Melanie
  • Founding capital, €4,000
  • Director appointment, LEFEBVRE,Davy Michel Melanie (director (not named in the articles))

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name DLS in Dutch
Enterprise number 0795.166.507
Legal form Private limited company
Status Active, normale toestand
Founded 21-12-2022
Type Legal entity

Where it is based

Registered office Kerkstraat 35, 2380 Ravels, Belgium
Establishments 1 establishment unit since 2022

What it does

NACEBEL 2025
43222 Installation of electric heating, air conditioning, cooling and ventilation main activity
43211 General electrical installation work
43221 Plumbing work
43320 Joinery installation

Invoicing and payment

VAT number BE 0795.166.507
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0795166507
Registered 30-12-2025

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

Register as of 1 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0795.166.507

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

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

Purpose, financial year and meetings according to the articles of association

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2380 Ravels,Kerkstraat 35”
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
30 June at 20:00

Articles of association, deed of 23-12-2022 (in Dutch)

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
1 establishment unit
DLS
Kerkstraat 35, 2380 RavelsInstallation of electric heating, air conditioning, cooling and ventilation
since 2022unit no. 2.339.838.156

Buildings and parcels at the address

Ground area
1,566 m²
Building footprint
246 m²
Building volume
1,426 m³
Parcel 13035A0237/00X003, Flanders · tallest building 11.2 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13035A0237/00X003 Flanders 1,566 m² 1 · 246 m² 11.2 m · 2