DS²
DS² is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.51M and a net result of €-5k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 45% of 203 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.51M |
| Net result | €-5k |
| Better than sector | 45% |
| Active | 5 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 48.6% | 53.2% | |
| Net result | €-5k | €71k | |
| Equity | €2.51M | €2.97M | |
| Total assets | €5.16M | €6.28M |
| Fiscal year | 2025 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-5k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €5.16M |
| Equity | €2.51M |
| Debt | €2.66M |
| of which ≤ 1y | €155k |
| of which > 1y | €2.50M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 48.6% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -0.1% |
| ROE | -0.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.16M |
| Fixed assets | 21/28 | €5.08M |
| Financial fixed assets | 28 | €5.08M |
| Current assets | 29/58 | €87k |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €87k |
| Cash & bank | 54/58 | €445 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.16M |
| Equity | 10/15 | €2.51M |
| Contributions / capital | 10/11 | €2.53M |
| Accumulated profits (losses) | 14 | €-18k |
| Amounts payable | 17/49 | €2.66M |
| Amounts payable after one year | 17 | €2.50M |
| Amounts payable within one year | 42/48 | €155k |
| Income statement | ||
| Operating result | 9901 | €-5k |
| Financial charges | 65 | €347 |
| Result before taxes | 9903 | €-5k |
| Net result for the period | 9904 | €-5k |
| Result to be appropriated | 9905 | €-5k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BV MOORE AUDITCurrent Statutory auditor · represented by Kristof Planquette |
- | 05-05-2025 → present |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 28-01-2021 |
| Status | Active |
| Postal code | 9100 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C1276/00D000 | Flanders | 4.0 ha | 1 · 1.3 ha | 13.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-01-2026 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.639.932",
"name_full": "DS\u00B2",
"legal_form": "BV"
}
}05-05-2025 Kristof Planquette appointed as statutory auditor
- Kristof Planquette, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Kristof Planquette",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": null,
"name": "Moore Audit BV",
"address": null,
"country": null,
"legal_form": null
},
"evidence_quote": "De vergadering beslist bij unanimiteit om Moore Audit BV, bedrijfsrevisoren met maatschappelijke zetel te 8900 leper, Elverdingestraat 43, te benoemen tot commissaris van de vennootschap en dit voor de 2024,2025 en 2026."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.639.932",
"name_full": "DS\u00B2",
"legal_form": "BV"
}
}14-01-2025 Registered office moved from Aalter to Sint-Niklaas
- Brug-Zuid 51, 9880 Aalter → Hoogkamerstraat 1, 9100 Sint-Niklaas
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Sint-Niklaas",
"region": null,
"street": "Hoogkamerstraat",
"country": "BE",
"postcode": "9100",
"box_number": null,
"street_number": "1"
},
"old_address": {
"city": "Aalter",
"region": null,
"street": "Brug-Zuid",
"country": "BE",
"postcode": "9880",
"box_number": null,
"street_number": "51"
},
"effective_date": "2024-12-18",
"evidence_quote": "DERDE BESLUIT \u2013 VERPLAATSING ZETEL De algemene vergadering beslist de zetel van de vennootschap te verplaatsen naar 9100 Sint-Niklaas, Hoogkamerstraat 1."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0762.639.932",
"name_full": "DS\u00B2",
"legal_form": "BV"
}
}01-02-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Brug-Zuid 51, 9880 Aalter",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Peter De Sutter",
"niss": null,
"address": "1700 Dilbeek, Kapelstraat 79"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1262500,
"holder_person_name": "Peter De Sutter",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1262500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Kristof De Sutter",
"niss": null,
"address": "8301 Knokke-Heist (Heist-aan-Zee), Schildeken 89"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1262500,
"holder_person_name": "Kristof De Sutter",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 1262500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2525000,
"subject_company": {
"kbo": "0762.639.932",
"name_full": "DS\u00B2",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-01-28",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DS² |