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DnS

Active
Private limited companyfounded 199827 yrs activeVliegveld 13, 8560 Wevelgem, BelgiumKBO/BCE: BE 0464.475.392
Summary

For DnS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1,601 and a net result of -€35,014. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 21% of 15228 sector peers (fiscal year 2023). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0▼-72
Solvency26▼-22
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023
Solvency, return and age of the figures
Solvency
1.1%
Return on assets
-24.9%
Age of the figures
36 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-09-2024 close30-04-2025 deadline28-09-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 28-05-2024, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
28 d late
2022
31 d early
2021
38 d early
2020
46 d early
2019
52 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 29 October 1998, DnS was incorporated.1 In 2026 the registered office moved to Wevelgem.2 Total assets went from EUR 38,900 in 2018 to EUR 140,407 in 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 13-07-2026
  3. 3National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€1,601▼ 95.6%
2022 · €36,615
Total assets
€140,407▼ 10.4%
2022 · €156,674
Net result
-€35,014
2022 · €4,344
Working capital
-€29,507
2022 · €2,382
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€3,225▼ 1,343%€6,324€9,357▲ 48.0%€8,807▼ 5.9%-€29,872
Net result-€3,810▼ 290%€4,411within the sector's middle half€4,377within the sector's middle half▼ 0.8%€4,344within the sector's middle half▼ 0.7%-€35,014below the sector's middle half
Equity€23,482▼ 14.0%€27,894within the sector's middle half▲ 18.8%€32,270within the sector's middle half▲ 15.7%€36,615within the sector's middle half▲ 13.5%€1,601below the sector's middle half▼ 95.6%
Total assets€63,385▲ 62.9%€63,313below the sector's middle half▼ 0.1%€109,760within the sector's middle half▲ 73.4%€156,674within the sector's middle half▲ 42.7%€140,407within the sector's middle half▼ 10.4%
Debt€39,902▲ 244%€35,419▼ 11.2%€77,490▲ 119%€120,059▲ 54.9%€138,806▲ 15.6%
Working capital€13,025▼ 42.1%€16,743within the sector's middle half▲ 28.6%€9,607within the sector's middle half▼ 42.6%€2,382within the sector's middle half▼ 75.2%-€29,507below the sector's middle half
Solvency37.0%▼ 33.1pp44.1%within the sector's middle half▲ 7.0pp29.4%within the sector's middle half▼ 14.7pp23.4%within the sector's middle half▼ 6.0pp1.1%below the sector's middle half▼ 22.2pp
Current ratio1.58▼ 1.851.82within the sector's middle half▲ 0.241.23within the sector's middle half▼ 0.601.04within the sector's middle half▼ 0.190.66below the sector's middle half▼ 0.37
Return on assets (ROA)-6.0%▼ 3.5pp7.0%within the sector's middle half▲ 13.0pp4.0%within the sector's middle half▼ 3.0pp2.8%within the sector's middle half▼ 1.2pp-24.9%below the sector's middle half▼ 27.7pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0Operating result 2019: -€3,225-€3,225Net result 2019: -€3,810-€3,810Operating result 2020: €6,324€6,324Net result 2020: €4,411€4,411Operating result 2021: €9,357€9,357Net result 2021: €4,377€4,377Operating result 2022: €8,807€8,807Net result 2022: €4,344€4,344Operating result 2023: -€29,872-€29,872Net result 2023: -€35,014-€35,01420192020202120222023-€40,000-€20,000€0Operating result 2021: €9,357€9,360Net result 2021: €4,377€4,380Operating result 2022: €8,807€8,810Net result 2022: €4,344€4,340Operating result 2023: -€29,872-€29,900Net result 2023: -€35,014-€35,000202120222023
The operating result turns negative in 2023: a loss of €29,872 after €8,807 in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €140,407
Fixed assets €82,539 ▼ 5.4%
Current assets €57,868 ▼ 16.6%
Equity and liabilities €140,407
Equity €1,601 ▼ 95.6%
Debt €138,806 ▲ 15.6%
Debt's share of the balance-sheet total rises from 76.6% to 98.9%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€8,277▼
2022 · €24,947
Cash flow
-€13,419▼
2022 · €20,484
Debt to equity
86.73▲
2022 · 3.28
Interest coverage
-1.76▼
2022 · 12.05
Debt ≤ 1 year
€87,375▲
2022 · €67,027
Debt > 1 year
€51,431▼
2022 · €53,032
Income taxes
€443▼
2022 · €2,392
A ratio outside any meaningful range has been withheld (balance sheet total €140,407, equity €1,601).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 47 lines
Balance sheet Code20222023
Assets
Total assets20/58€156,674€140,407▼
Fixed assets21/28€87,264€82,539▼
Tangible fixed assets22/27€87,264€65,669▼
Land and buildings22€4,592€4,199▼
Plant, machinery and equipment23€22,000€16,000▼
Furniture and vehicles24€60,673€45,470▼
Financial fixed assets28-€16,870
Current assets29/58€69,409€57,868▼
Amounts receivable within one year40/41€69,364€35,106▼
Trade receivables40€28,652€5,662▼
Other amounts receivable41€40,712€29,444▼
Cash at bank and in hand54/58€45€223▲
Deferred charges and accrued income490/1-€22,539
Equity and liabilities
Total equity and liabilities10/49€156,674€140,407▼
Equity10/15€36,615€1,601▼
Contributions10/11€18,592€18,592=
Reserves13€18,023€18,023=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€16,163€16,163=
Profit (loss) carried forward14--€35,014
Amounts payable17/49€120,059€138,806▲
Amounts payable after more than one year17€53,032€51,431▼
Financial debts170/4€53,032€51,431▼
Amounts payable within one year42/48€67,027€87,375▲
Current portion of amounts payable after more than one year42€26,591€41,812▲
Financial debts43€2,997€3,078▲
Credit institutions430/8€2,997€3,078▲
Trade debts44€21,726€8,147▼
Suppliers440/4€21,726€8,147▼
Advances received on contracts in progress46€8,179€0▼
Taxes, remuneration and social security45€7,535€4,621▼
Taxes450/3€7,535€4,621▼
Other amounts payable47/48-€29,717
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,140€21,595▲
Other operating charges640/8€794€1,076▲
Gross operating margin9900€25,740-€7,202▼
Operating profit (loss)9901€8,807-€29,872▼
Financial charges65/66B€2,071€4,699▲
Recurring financial charges65€2,071€4,699▲
Profit (loss) for the period before taxes9903€6,736-€34,571▼
Income taxes67/77€2,392€443▼
Profit (loss) for the period9904€4,344-€35,014▼
Profit (loss) for the period to be appropriated9905€4,344-€35,014▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,344-€35,014▼
Transfer to equity691/2€4,344€0▼
To other reserves6921€4,344€0▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,614€6,860€5,975€16,140€21,595▲ 33.8%
Other operating charges640/8---€794€1,076▲ 35.5%
Gross operating margin9900€7,238€15,882€23,793€25,740-€7,202▼ 128%
Operating profit (loss)9901-€3,225€6,324€9,357€8,807-€29,872▼ 439%
Recurring financial income75€2,198€2,176----
Financial charges65/66B---€2,071€4,699▲ 127%
Recurring financial charges65€1,610€1,362€1,422€2,071€4,699▲ 127%
Profit (loss) for the period before taxes9903-€2,637€7,137€7,934€6,736-€34,571▼ 613%
Income taxes67/77€1,173€2,726€3,558€2,392€443▼ 81.5%
Profit (loss) for the period9904-€3,810€4,411€4,377€4,344-€35,014▼ 906%
Profit (loss) for the period to be appropriated9905-€3,810€4,411€4,377€4,344-€35,014▼ 906%
Line20192020202120222023Change
Assets
Total assets20/58€63,385€63,313€109,760€156,674€140,407▼ 10.4%
Fixed assets21/28€28,011€26,217€57,852€87,264€82,539▼ 5.4%
Tangible fixed assets22/27€28,011€26,217€57,852€87,264€65,669▼ 24.7%
Land and buildings22---€4,592€4,199▼ 8.6%
Plant, machinery and equipment23---€22,000€16,000▼ 27.3%
Furniture and vehicles24---€60,673€45,470▼ 25.1%
Financial fixed assets28----€16,870-
Current assets29/58€35,373€37,096€51,908€69,409€57,868▼ 16.6%
Stocks and contracts in progress3€909€909----
Amounts receivable within one year40/41€34,107€35,324€51,863€69,364€35,106▼ 49.4%
Trade receivables40---€28,652€5,662▼ 80.2%
Other amounts receivable41---€40,712€29,444▼ 27.7%
Cash at bank and in hand54/58€45€397€45€45€223▲ 394%
Deferred charges and accrued income490/1----€22,539-
Equity and liabilities
Total equity and liabilities10/49€63,385€63,313€109,760€156,674€140,407▼ 10.4%
Equity10/15€23,482€27,894€32,270€36,615€1,601▼ 95.6%
Contributions10/11€18,592--€18,592€18,592=
Reserves13€9,180€9,302€13,678€18,023€18,023=
Non-distributable reserves130/1---€1,859€1,859=
Reserves not available under the articles1311---€1,859€1,859=
Distributable reserves133---€16,163€16,163=
Profit (loss) carried forward14-€4,290-€480-€4,290--€35,014-
Amounts payable17/49€39,902€35,419€77,490€120,059€138,806▲ 15.6%
Amounts payable after more than one year17€15,684€13,123€35,189€53,032€51,431▼ 3.0%
Financial debts170/4---€53,032€51,431▼ 3.0%
Amounts payable within one year42/48€22,349€20,352€42,301€67,027€87,375▲ 30.4%
Current portion of amounts payable after more than one year42---€26,591€41,812▲ 57.2%
Financial debts43---€2,997€3,078▲ 2.7%
Credit institutions430/8---€2,997€3,078▲ 2.7%
Trade debts44€8,361€5,452€12,783€21,726€8,147▼ 62.5%
Suppliers440/4---€21,726€8,147▼ 62.5%
Advances received on contracts in progress46---€8,179€0▼ 100%
Taxes, remuneration and social security45---€7,535€4,621▼ 38.7%
Taxes450/3---€7,535€4,621▼ 38.7%
Other amounts payable47/48----€29,717-
Line20192020202120222023Change
Profit (loss) for the period9904-€3,810€4,411€4,377€4,344-€35,014▼ 906%
+ Depreciation and write-downs630€6,614€6,860€5,975€16,140€21,595▲ 33.8%
Operating cash flow (approximation)€2,804€11,272€10,351€20,484-€13,419▼ 166%
Investment in fixed assets (approximation)--€5,066-€37,610-€45,552-€16,870▲ 63.0%
Change in cash-€352-€352€0€178-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
13-07
State Gazette act Registered office
Registered-office move3 facts ▸
  • Board meeting, 01-06-2026
  • Registered-office move, Vliegveld 13,8560 Wevelgem
  • Other statement, publication identifier, *26344712*
2024
28-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-09
Financial Weakest financial yearnet -€35,014
Net result drops to -€35,014, the lowest in the series.
30-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
15-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €4,411
Net result €4,411 after 2 loss-making years.
09-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
12-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
08-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
3,288 m²
Building footprint
1,690 m²
Volume, LiDAR
7,852 m³
Parcel 34302B0863/00D000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Vliegveld 13, 8560 Wevelgem
Air transport
since 19982.089.170.756
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34302B0863/00D000 Flanders 3,288 m² 1 · 1,690 m² 5.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2023 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2023 of DnS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded29-10-1998
Fiscal year end30-09
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0464475392
Also 9925:BE0464475392
Registered 01-09-2025

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

Register as of 28 September 2026 · Peppol Directory

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