Active BE 0416.809.988Private limited company

DS

Maesbossen 1 ·9160 Lokeren, Belgium· 49 yrs active

Sector: Real estate activities (68201)

Conclusion Checked

The computed 12-month bankruptcy probability of DS is 0.2% (very low). The 2024 annual accounts show equity of €2.20M and a net result of €3k. Equity remains stable across the filed fiscal years (±0.4% per year). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€2.20M
Net result	€3k
Staff (FTE)	1.1
Active	49 yrs

Snowflake analysis 5 axes · computed by Checked

73 / 100

Strong profile, led by solvency.

Health 86

Profitability 1

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

Long track record −Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Long-established

Founded in 1976 — 49 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

86 / 100 Excellent

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 26-06-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.

stable Equity: stable across 7 fiscal years (±0.4%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€59k

-23.4% ≈ vs sector

Net profit

€3k

-74.5% -26% vs sector

Cash flow

€58k

-20.1% ≈ vs sector

Total assets

€2.21M

-0.1% ≈ vs sector

Equity

€2.20M

+0.2% +40% vs sector

Working capital

€1.12M

+5.4% +47% vs sector

Employees (FTE)

1

+10.0% far above sector median

Staff costs

€118k

-4.8% +27% vs sector

Income taxes

€1k

-76.3% -44% vs sector

Debt

€8k

-38.7% -99% vs sector

Debt ≤ 1y

€8k

-38.7% -82% vs sector

Debt > 1y

€9k

-85.4% -99% vs sector

Current ratio

138.38

+71.2% far above sector median

Quick ratio

138.38

+71.2% far above sector median

Solvency

99.6%

+0.2% +34% vs sector

Debt / equity

0.00

-38.8% -99% vs sector

ROE

0.2%

-74.6% -31% vs sector

ROA

0.2%

-74.5% -7% vs sector

Interest coverage

193.04

-62.7% far above sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	€59k
Net profit	€3k
Cash flow	€58k
Staff costs	€118k
Income taxes	€1k
Dividends	—
Total assets	€2.21M
Equity	€2.20M
Debt	€8k
of which ≤ 1y	€8k
of which > 1y	—
Working capital	€1.12M
Employees (FTE)	1.1

Ratios (computed)

	2024
Current ratio	138.38
Quick ratio	138.38
Working capital ratio	50.8%
Solvency	99.6%
Debt / equity	0.00
Long-term debt ratio	—
Interest coverage	193.04
Gross margin	—
Net margin	—
ROA	0.2%
ROE	0.2%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2024

Assets

Fixed assets €1.08M · 48.8% Current assets €1.13M · 51.2%

Equity & liabilities

Equity €2.20M · 99.6% Debt €8k · 0.4%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€2.21M
Fixed assets	21/28	€1.08M
Tangible fixed assets	22/27	€1.08M
Current assets	29/58	€1.13M
Amounts receivable within one year	40/41	€1.07M
Cash & bank	54/58	€64k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.21M
Equity	10/15	€2.20M
Contributions / capital	10/11	€770k
Reserves	13	€1.42M
Accumulated profits (losses)	14	€11k
Amounts payable	17/49	€8k
Amounts payable within one year	42/48	€8k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€192k
Operating result	9901	€5k
Financial income	75	€30
Financial charges	65	€308
Result before taxes	9903	€5k
Income taxes	67/77	€1k
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

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Ratios computed by Checked.

Legal Structure

NACE primary	Real estate activities(68201)
Legal form	Private limited company(610)
Incorporation	30-12-1976
Status	Active
Postal code	9160

Establishment units 1 location

Maesbossen 1, 9160 Lokeren

Groothandel in auto's en lichte bestelwagens (= 3,5 ton)

since 19772.013.167.890

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46382B1449/00C000	Flanders	1.0 ha	1 · 1,520 m²	7.7 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

26-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

14-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

04-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

20-07-2022

NBB filing Annual accounts filed

fiscal year 2021 · verkort

01-07-2022

State Gazette act Director changes

Joost VERCOUTEREN

2021

30-06-2021

NBB filing Annual accounts filed

fiscal year 2020 · verkort

2020

30-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · verkort

2019

28-06-2019

NBB filing Annual accounts filed

fiscal year 2018 · verkort

2018

29-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · verkort

2017

31-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2016

31-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad — acts 1 acts

All acts · 1 updated 4 years ago

2022

01-07-2022 2 directors appointed Director changes·Joost VERCOUTEREN

BEIRENS Miguel Camiel Paula — Vaste vertegenwoordiger
VAN DER STOCK Peter Suzanne — Vaste vertegenwoordiger

Notary: Joost VERCOUTEREN · BeverenFirm: BV Vercouteren geassocieerde notarissen

Original publication ↗

Technical details

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      "reason": null,
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      "via_org": {
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  "notary": {
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  "act_meta": {
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Company registry (CBE) Crossroads Bank

Activities

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten45230Groothandel in bouwmaterialen, algemeen assortiment46731Groothandel in bouwmaterialen, algemeen assortiment46831Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Bouw van autowegen en andere wegen42110Bouw van autowegen en andere wegen42110Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van terreinen68204Verhuur en exploitatie van terreinen68204

Primary activity highlighted.

Names & trade names

Legal nameNL

DS

Registered office

Maesbossen 1

9160 Lokeren, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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