DLSGProjects
ActiveSummary
DLSGProjects has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,029 and a net result of €11,029. Its solvency ranks better than 18% of 2,545 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Other technical testing and analysis
NACE 71209
1 site
Size
€164,037total assets 2025
- Equity
- €21,029
- Profit
- €11,029
Turnover not published (abbreviated format)
Why 82raises riskFounded in 2025Equity €21,029 (12.8% of total assets)lowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Size: total assets €164,037Show the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 13% of its sector peers (NACE 71, micro)
Financial strength
Weak
Solvency
38
equity 12.8% of total assets
Liquidity
20
short-term debt 87.2% · cash 14.6%
Profitability
27
return on assets 6.7%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 0.5%
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.3%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.29, below 1; short-term debt: 87.2% and cash: 14.6% of total assets), and 87.2% 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 71, micro): better than 17% on solvency, 8% on liquidity and 15% on profitability.
The bankruptcy probability was computed on 25-10-2026 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2545 sector peers (2025).
NBB · sector comparisonPosition among 2545 sector peers
Solvency
better than 18%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
3 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointment: VAN DE SANDE Gilles…
Financials · financial year 2025, abbreviated format
Equity
€21,029
Total assets
€164,037
Net result
€11,029
Working capital
-€101,611
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Assets €162,279
Fixed assets
€120,882
Current assets
€41,397
Equity and liabilities €164,037
Equity
€21,029
Debt
€143,008
Debt finances 87.2% of the balance-sheet total.
Key figures and ratios
EBITDA
-€1,069
Cash flow
€11,801
Current ratio
0.29
Debt to equity
6.80
ROE
52.4%
ROA
6.7%
Interest coverage
-0.18
Debt ≤ 1 year
€143,008
Income taxes
€3,900
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €772 |
| Other operating charges640/8 | €166 |
| Gross operating margin9900 | -€903 |
| Operating profit (loss)9901 | -€1,842 |
| Financial income75/76B | €22,590 |
| Recurring financial income75 | €22,590 |
| Financial charges65/66B | €5,820 |
| Recurring financial charges65 | €5,820 |
| Profit (loss) for the period before taxes9903 | €14,929 |
| Income taxes67/77 | €3,900 |
| Profit (loss) for the period9904 | €11,029 |
| Profit (loss) for the period to be appropriated9905 | €11,029 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €164,037 | |
| Formation expenses20 | €1,757 | |
| Fixed assets21/28 | €120,882 | |
| Tangible fixed assets22/27 | €882 | |
| Furniture and vehicles24 | €882 | |
| Financial fixed assets28 | €120,000 | |
| Current assets29/58 | €41,397 | |
| Amounts receivable within one year40/41 | €5,381 | |
| Trade receivables40 | €4,027 | |
| Other amounts receivable41 | €1,354 | |
| Cash at bank and in hand54/58 | €23,943 | |
| Deferred charges and accrued income490/1 | €12,073 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €164,037 | |
| Equity10/15 | €21,029 | |
| Contributions10/11 | €10,000 | |
| Profit (loss) carried forward14 | €11,029 | |
| Amounts payable17/49 | €143,008 | |
| Amounts payable within one year42/48 | €143,008 | |
| Trade debts44 | €15,661 | |
| Suppliers440/4 | €15,661 | |
| Taxes, remuneration and social security45 | €6,422 | |
| Taxes450/3 | €4,672 | |
| Remuneration and social security454/9 | €1,750 | |
| Other amounts payable47/48 | €120,924 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €11,029 |
| + Depreciation and write-downs630 | €772 |
| Operating cash flow (approximation) | €11,801 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-07-2026 | 2026-00340949 |
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Of the 2,145 active companies whose main activity is other technical testing and analysis (NACE 71209), figures are known for 1,103. 658 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 2025
VAN DE SANDE Gilles
CurrentDirector (not named in the articles) · since 09-01-2025
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2025, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| VAN DE SANDE Gilles |
|
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 09-01-2025 ↗
- VAN DE SANDE Gilles 10 shares (100%) · €10,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 09-01-2025 Incorporation · €10,000 · 10 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
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History
Acts, filings and financial milestones
2026
28-07
NBB filing
Annual accounts filed
financial year 2025 · abbreviated format
2025
09-01
Gazette deed
IncorporationAppointment: VAN DE SANDE Gilles (director) · Permanent representative: VAN DE SANDE Gilles · Founder9 facts ▸
Gazette deed
Incorporation
Appointment: VAN DE SANDE Gilles (director) · Permanent representative: VAN DE SANDE Gilles · Founder9 facts ▸
- Incorporation, 07-01-2025
- Founder, VAN DE SANDE Gilles
- Bank account, “compte spécial au nom de la société en formation”, 10000 (deed in French)
- General meeting, “societe etant constituee, actionnaire unique agissant en lieu et place de l'assemblee generale” (deed in French)
- Board rule, 1
- Director appointment, VAN DE SANDE Gilles (director (not named in the articles))
- Pre-incorporation commitments, “takeover, engagements obligations activites entreprises au nom et pour compte societe en formation” (deed in French)
- Permanent representative, VAN DE SANDE Gilles (representant permanent pour exercer mandats d'administrateur)
- Founding capital, €10,000
Gazette deedNBB filing
1 of 1 deed read
Register details
Identification
Legal formPrivate limited company
Founded07-01-2025
Financial year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
81300Landscape service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:1018367564
Registered
24-11-2025
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
Legal Entity Identifier
6488NS556DWX90A9B487
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Waimes · 1 establishment unit since 2025
Ground area
2,834 m²
Parcel 63552D0185/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DLSGProjects
since 2025unit no. 2.368.355.562
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63552D0185/00D000indicative | Wallonia | 2,834 m² | - | - |
How the parcels are linked
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Les activités de contrôle et d’analyse techniques (NACE 71.209); Les prestations de services, de conseil et consultance, de gestion et…” (deed in French)
11 activities (deed in French)
- Les activités de contrôle et d’analyse techniques (NACE 71.209)
- Les prestations de services, de conseil et consultance, de gestion et d’organisation d’entreprises (NACE 70.220), de formation, et notamment mais non exclusivement : la réalisation d’études techniques, d’études de sécurité, d’études de marché, la mise en œuvre de méthodes de marketing et de commercialisation de services ou de produits
- Tous travaux de bureau, tels que l’administration et le secrétariat ; la prestation de tout service administratif ou social
- La tenue et le suivi de la facturation pour compte de tiers, la fourniture de toutes prestations de conseils, de services et de produits dans les domaines commerciaux, administratifs et informatiques (soft et hard)
- L’exercice de mandats de gérant, d’administrateur, de liquidateur et de membre de comité de direction dans toutes sociétés, entreprises ou associations
- La gestion, la mise en valeur de valeurs de portefeuille et plus généralement de valeurs mobilières cotées ou non cotées en Bourse; toutes opérations de financement, cautionnement et de prêt en faveur de toute filiale
- La gestion, la mise en valeur, l'exploitation ou la mise en location de tous biens immeubles, bâtis ou non bâtis, propriétés forestières et /ou agricoles ou de type urbain ou de type industriel, soit pour son compte ou pour le compte de tiers, soit en exploitant directement, soit en prenant à bail ou en donnant à bail de n'importe quelle manière
- La réalisation de toutes opérations immobilières, dans le sens le plus large, notamment l’acquisition, l’aliénation, l’échange, la construction, l’aménagement, la promotion résidentielle et non résidentielle (NACE 41.101 et 41.102), la restauration, l’embellissement, la transformation, la division horizontale et verticale, l’exploitation et la mise en valeur ainsi que la location, la sous-location, le leasing, la cession de bail et la gestion d’immeubles (bâtis ou non bâtis, ruraux, urbains, agricoles, industriels, forestiers ou autres) et de droits immobiliers
- L’activité d'entrepreneur de parc et jardin (NACE 43.999)
- Les activités de construction spécialisées (non réglementées) et les activités de nettoyage de bâtiments pour compte propre ou compte de tiers
- Les activités de prestataires de services quelconques (non réglementées) pour compte propre ou compte de tiers
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DLSGProjects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, organe d'administration” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “10, En rémunération des apports” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement au nombre d’actions acquises, choisi de commun accord…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00