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DS CONSTRUCT

Inactive KBO/BCE: BE 0686.790.583
DS CONSTRUCT
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Overview

Lifetime

4 annual accounts with figures on one time axis
peak €130,461 (2021)
€130,461▲ 66.7%
peak €45,370 (2021)
€45,370▲ 134%
peak €69,038 (2021)
€69,038▲ 192%
€444,189▲ 26.5%
peak 1.4 FTE (2021)
1.4 FTE▲ 27.3%
Board4 names since 2020
3 directorsDSC MANAGEMENT and 2 others
Documentsfilings and deeds
02-06-202259 days before the deadline
2021abbreviated format
Gross margin from €78,277 to €130,461Result from €19,421 to €45,370Staff from 1.1 FTE to 1.4 FTEEquity from €23,668 to €69,038Debts from €351,070 to €444,189Cash from €46,681 to €75,676

Key points

from the 2021 annual accounts, the last ones filed

Debts

€444,189 87% of the balance sheet
Financial debts 2%Suppliers 1%Taxes and wages 2%Other 94%

Of this, €233,239 falls due within a year.

Liquidity

2.14 was 1.64 in 2020

Short-term debts rose from €215,216 to €233,239.

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober2018201920202021

The 2019 accounts came latest: 46 days after the end of the period.

No score

Board and ownership

DM
DSC MANAGEMENT
Director, DE SCHUTTER Michiel, since 08-06-2020
DI
DSN INVEST BV
Director, since 08-06-2020
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) Enterprise Court of Ghent, Dendermonde division · judgment of 30-03-2026 · Bankruptcy
Address struck Keiberg 6 9340 Lede L’adresse du siège Keiberg 6 9340 Lede a été Keiberg 6, 9340 Lede wurde · effective 30-05-2024 · KBO administration
Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 09-10-2023 · Bankruptcy
Resignation: Elements Sport Agency (director) Permanent representative: De Schutter Niels · General meeting of 27-01-2023 · Gazette deed
All 13 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 28-12-2017 · bankruptcy closed on 30-03-2026
Activity
“Het aannemen van algemene bouwwerken,alleen of in samenwerking met derden,met inbegrip van metselwerken,betonwerken,grondwerken,wegenbouw en…” (deed in Dutch)From the articles, 10 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2021

€130,461▲ 66.7%
≈ €330,000estimated
€45,370▲ 134%
€69,038▲ 192%
€513,227▲ 37.0%
Employeeson 31-12-2021
1
Filing
Filed on 02-06-2022
Financials

Insights on DS CONSTRUCT

On 9 October 2023 the court declared DS CONSTRUCT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2021

abbreviated format, filed on 02-06-2022, 59 days before the deadline
€130,461
▲ 66.7%
€65,172
▲ 148%
€45,370
▲ 134%
€265,887
▲ 92.5%
13.5%
▲ 7.1 percentage points
2.14
▲ 0.50

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €330,000. Estimated: probably between €200,000 and €620,000.

Balance sheet

balance sheet total €513,227 on 31-12-2021
What the company ownsHow it is paid for

in euro

in euro

Staff

€41,191

Staff costs divided by the average number of full-time equivalents.

-1 person

people who joined people who left

In 2021, 2 people joined and 3 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2021202020192018
Balance sheet: assets
20/58 513,227374,738140,49517,133
21/28 14,10121,40722,97210,017
21 2601,1522,044-
22/27 11,59118,00518,67810,017
23 11,37612,99611,165-
24 2155,0097,51310,017
28 2,2502,2502,250-
29/58 499,126353,331117,5237,116
3 245,607160,607-4,366
30/36 130,607130,607--
37 115,00030,000-4,366
40/41 172,351146,04359,1641,420
40 122,09879,10643,916399
41 50,25366,93715,2471,021
54/58 75,67646,68158,3591,330
490/1 5,492---
Balance sheet: equity and liabilities
10/49 513,227374,738140,49517,133
10/15 69,03823,6684,247418
10/11 1111
100 --11
13 69,03723,6674,246417
130/1 1,0611,061--
130 --1,061104
1311 1,0611,061--
133 67,97522,6063,184313
17/49 444,189351,070136,24816,715
17 9,963135,85322,7054,544
170/4 9,963135,85322,7054,544
42/48 233,239215,216112,58712,172
42 198,8866,8529,4453,539
43 ---25
430/8 ---25
44 5,220184,22098,6821,823
440/4 5,220184,22098,6821,823
45 10,10110,9974,3551,856
450/3 5,9388,072895156
454/9 4,1642,9253,4601,700
47/48 19,03113,1481054,928
492/3 200,987-956-
Income statement
9900 130,46178,27710,2234,372
62 57,66738,981--
630 4,0585,6714,6482,504
640/8 2,5697,3057161,006
66A 994---
9901 65,17226,3204,859862
75/76B 171,97746981
75 171,97746981
65/66B 7,0211,699604371
65 7,0211,699604371
9903 58,16826,5984,724573
67/77 12,7997,177895156
9904 45,37019,4213,829417
9905 45,37019,4213,829417
Appropriation of the result
9906 45,37019,4213,829417
691/2 45,37019,4213,829417
6920 --957104
6921 45,37019,4212,871313
Social balance sheet
9087 1.41.1--
Hours worked1013 1,9451,432--
Document PDFPDFPDFPDF

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2021 (PDF), filed on 02-06-2022.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2021 abbreviated format 02-06-2022 2022-20046726 PDF
31-12-2020 micro format 25-08-2021 2021-56400105 PDF
31-12-2019 micro format 15-09-2020 2020-54100099 PDF
31-12-2018 micro format 28-08-2019 2019-55900012 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2021202020192018
69,23031,9919,5073,367
49,42825,0928,4772,921
1,3314,89817,60312,521
28,995-11,67957,030-
265,887138,1154,936-5,056
13.5%6.3%3.0%2.4%
2.141.641.040.58
1.090.901.040.23
6.4314.8332.08-
65.7%82.1%90.2%-
8.8%5.2%2.7%2.4%
9.86---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-2021
Employees at the balance-sheet date1
full-time1
in full-time equivalents1
1.4
On a permanent contract1
Joined2
Left3

Source: social balance sheet in the 2021 annual accounts

Investments

fixed assets acquired
Item2021
Tangible fixed assets€1,331
€4,058

Source: notes to the 2021 annual accounts (statement of fixed assets)

Insights on DS CONSTRUCT

The operating result for 2021 is 148% higher than in 2020 and the highest since 2018. It is the third rise in a row.

Debt's share of the balance-sheet total falls from 93.7% to 86.5%. Equity and debt are higher.

Board & ownership

Curators

2 mandates
Albert Coppens
Curator, Hoezekouterdreef 43, 9300 Aalst
from 09-10-2023 to 30-03-2026
Also on 154 other cases
Caroline Talloen
Curator, Hoezekouterdreef 43, 9300 Aalst
from 09-10-2023 to 30-03-2026
Also on 161 other cases

Last board

2 directors, last change in 2023
DSC MANAGEMENT CommV
Director (not named in the articles), permanent representative DE SCHUTTER Michiel
since 08-06-2020 term without a fixed end
listed in the 2021 annual accounts, filed on 02-06-2022
DSN INVEST BV
Director
since 08-06-2020
listed in the 2021 annual accounts, filed on 02-06-2022
Permanent representatives 1
DE SCHUTTER Michiel
Permanent representative, for DSC MANAGEMENT
appointed by deed of 12-06-2020

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
DSC MANAGEMENT
Director (not named in the articles)
DSN INVEST BV
Director
Elements sports agency
Director (not named in the articles)
DE SCHUTTER Michiel
Manager
BoardEarliermandate already running before its first mentionBankruptcy 09-10-2023
Mandates as a list
  • DSC MANAGEMENT
    • Director (not named in the articles), from 08-06-2020, until the bankruptcy of 09-10-2023
  • DSN INVEST BV
    • Director, from 08-06-2020, until the bankruptcy of 09-10-2023
  • Elements sports agency
    • Director (not named in the articles), appointed by deed of 12-06-2020, until 27-01-2023
  • DE SCHUTTER Michiel
    • Manager, until 12-06-2020

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€1
Source
2021 annual accounts

Articles of association

deed of 12-06-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Besluit, niet-statutaire bestuurders”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Voor helft ten laste van overdrager en voor andere helft ten laste van koper(s), Artikel 10”

Network & group

No group

DS CONSTRUCT has no parent and no holdings in its annual accounts.

Earlier ties

The Labyrinth
via Elements sports agency, at DS CONSTRUCT until 2023 · Director · deed of 23-07-2021
founded in 2021
 total assets €3.1m (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

13 events since 2017
2026
Bankruptcy closure (insufficient assets) Enterprise Court of Ghent, Dendermonde division · judgment of 30-03-2026
2024
Address struck Keiberg 6 9340 Lede L’adresse du siège Keiberg 6 9340 Lede a été Keiberg 6, 9340 Lede wurde · effective 30-05-2024
2023
Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 09-10-2023
Resignation: Elements Sport Agency (director)Permanent representative: De Schutter Niels · General meeting of 27-01-20233 points ▸
  • General meeting, 27-01-2023
  • Director resignation, Elements Sport Agency
  • Permanent representative, De Schutter Niels

Open the deed in the Belgian Official Gazette

2022
Annual accounts 2021 filed PDFabbreviated format · 59 days before the deadline
2021
Highest result from 2018 to 2021 net €45,370 ▲134% The operating result of €65,172 and the net result of €45,370 are both a record.
Annual accounts 2020 filed PDFmicro format · 25 days late
2020
Annual accounts 2019 filed PDFmicro format · 46 days late
2 directors appointed, 1 manager resigningResignation: DE SCHUTTER Michiel (manager) · Appointments: DSN INVEST (director) and DSC MANAGEMENT (director) · Permanent representatives: De Schutter Niels and DE SCHUTTER Michiel9 points ▸
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • 186 shares
  • Director resignation, DE SCHUTTER Michiel (manager)
  • Director appointment, DSN INVEST (director (not named in the articles))
  • Director appointment, DSC MANAGEMENT (director (not named in the articles))
  • Permanent representative, De Schutter Niels
  • Permanent representative, DE SCHUTTER Michiel
  • Director discharge, DE SCHUTTER Michiel
  • Registered office clause, Keiberg 6, 9340 Lede
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2019
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw of aanleggen, Slopen of verwijderen and 2 more · Aalst
Annual accounts 2018 filed PDFmicro format · 28 days late
2018
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Lede
2017
Incorporation PDF4 publications in the Belgian Official Gazette, the last on 02-04-2026

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets went from €17,133 in 2018 to €513,227 in 2021.1 DS CONSTRUCT was declared bankrupt on 9 October 2023. The bankruptcy was closed on 30 March 2026.23

  1. 1National Bank, annual accounts 2018 and 2021
  2. 2Belgian Official Gazette, 13-10-2023
  3. 3Belgian Official Gazette, 02-04-2026

Company details

Identity

Enterprise number
0686.790.583
VAT number
BE 0686.790.583
Status
Inactive
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
DS CONSTRUCT
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-06-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-06-2020 (in Dutch)

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“Het aannemen van algemene bouwwerken,alleen of in samenwerking met derden,met inbegrip van metselwerken,betonwerken,grondwerken,wegenbouw…”
10 activities
  1. Het aannemen van algemene bouwwerken,alleen of in samenwerking met derden,met inbegrip van metselwerken,betonwerken,grondwerken,wegenbouw en rioleringswerken,bepleisteringen,schrijn- en timmerwerken,constructiewerken,bevloeringen,voegwerken,schilderwerken,plaatsen van wand- en vloertegels,werken in verband met centrale verwarming,elektriciteit en sanitair
  2. De aanleg van wegverharding en klinkers,de aanleg van voetpaden en terrassen al dan niet vast aan de woning
  3. De vennootschap mag belangen verwerven in andere,bestaande of op te richten,vennootschappen in binnen- en buitenland door middel van inschrijving,inbreng,samenwerking of andere financiële tussenkomsten
  4. Aankoop,verkoop,huur,verhuur,leasing van roerende en onroerende goederen of zakelijke rechten op roerende en onroerende goederen
  5. De vennootschap mag onroerende goederen en/of zakelijke rechten op onroerende goederen verwerven,zelfs als deze noch rechtstreeks,noch onrechtstreeks verband houden met het doel van de vennootschap
  6. De vennootschap mag alle commerciële,industriële,financiële,roerende en onroerende handelingen uitoefenen,zowel in België als in het buitenland,die haar doel rechtstreeks of onrechtstreeks kunnen bevorderen
  7. De vennootschap kan de functie van bestuurder of zaakvoerder in andere vennootschappen waarnemen
  8. Daarenboven mag de vennootschap zowel in binnen- als buitenland alle daden van industriële,financiële,roerende en onroerende aard stellen;alle handelsverrichtingen en over het algemeen alle ondernemingen tot stand brengen die rechtstreeks of onrechtstreeks verband houden met het maatschappelijk doel,en/of de verwezenlijking ervan bevorderen
  9. Ze zal ook mogen deelnemen in andere vennootschappen en ondernemingen,zowel in binnen- als buitenland
  10. De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend doel hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar maatschappelijk doel
deed of 12-06-2020 (in Dutch)

Environmental permits

3 applications in Flanders since 2018 · 2 granted
02-12-2019 Granted Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen of verwijderen; Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 26-09-2019 · project 2019116877 Aalst
10-09-2019 Discontinued Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 22-08-2019 · project 2019092765 Aalst
15-05-2018 Granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 14-02-2018 · project 2018011886 Lede

Source: Omgevingsloket Vlaanderen.

Inactive

DS CONSTRUCT is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2021
Last registered office
Keiberg 6, 9340 Ledeas published on 13 September 2023
First annual accounts
financial year 2018
Official KBO record

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