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DS-CONNECT

Active
Private limited companyfounded 2025active for 1 yearKruisbaan 29, 9255 Buggenhout, BelgiumKBO/BCE: BE 1022.467.201
Summary

DS-CONNECT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,249 and a net result of €2,249. Its solvency ranks better than 72% of 9,327 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

Turnover
≈ €80,000
Estimated: probably between €41,000 and €140,000
Total assets
€11,370
Net result
€2,249
Working capital
€574

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
Assets €11,370
Fixed assets €6,675
Current assets €4,694
Equity and liabilities €11,370
Equity €7,249
Debt €4,121
Debt finances 36.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€5,896
Cash flow
€5,861
Current ratio
1.14
Debt to equity
0.57
ROE
31.0%
ROA
19.8%
Interest coverage
over 100
Debt ≤ 1 year
€4,121

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.3% 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 11,279 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 · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€11,370
Fixed assets21/28€6,675
Intangible fixed assets21€2,560
Tangible fixed assets22/27€4,115
Furniture and vehicles24€4,115
Current assets29/58€4,694
Amounts receivable within one year40/41€2,218
Other amounts receivable41€2,218
Cash at bank and in hand54/58€2,477
Equity and liabilities
Total equity and liabilities10/49€11,370
Equity10/15€7,249
Contributions10/11€5,000
Profit (loss) carried forward14€2,249
Amounts payable17/49€4,121
Amounts payable within one year42/48€4,121
Trade debts44€540
Suppliers440/4€540
Other amounts payable47/48€3,580
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,612
Other operating charges640/8€743
Gross operating margin9900€6,639
Operating profit (loss)9901€2,284
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€2,249
Profit (loss) for the period9904€2,249
Profit (loss) for the period to be appropriated9905€2,249
Appropriation of the result
Profit (loss) to be appropriated9906€2,249

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,612
Other operating charges640/8€743
Gross operating margin9900€6,639
Operating profit (loss)9901€2,284
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€2,249
Profit (loss) for the period9904€2,249
Profit (loss) for the period to be appropriated9905€2,249
Line2025
Assets
Total assets20/58€11,370
Fixed assets21/28€6,675
Intangible fixed assets21€2,560
Tangible fixed assets22/27€4,115
Furniture and vehicles24€4,115
Current assets29/58€4,694
Amounts receivable within one year40/41€2,218
Other amounts receivable41€2,218
Cash at bank and in hand54/58€2,477
Equity and liabilities
Total equity and liabilities10/49€11,370
Equity10/15€7,249
Contributions10/11€5,000
Profit (loss) carried forward14€2,249
Amounts payable17/49€4,121
Amounts payable within one year42/48€4,121
Trade debts44€540
Suppliers440/4€540
Other amounts payable47/48€3,580
Line2025
Profit (loss) for the period9904€2,249
+ Depreciation and write-downs630€3,612
Operating cash flow (approximation)€5,861

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 30-07-2026 2026-00356780

Similar companies · same sector, comparable size

Of the 29,217 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,357. 8,221 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.