Equity
DS CONSTRUCT has made a profit in every financial year since 2022.
DS CONSTRUCT has made a profit in every financial year since 2022.
Turnover rose in 2025 from €140,634 to €286,986.
DS CONSTRUCT pays its suppliers 3 days earlier than in 2024. Customers pay 36 days later.
Short-term debts rose from €1,320 to €1,465.
The 2024 accounts came latest: 54 days after the end of the period.
Higher solvency than 84% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 77% on liquidity, 77% on profitability and 85% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as DS CONSTRUCT has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DS CONSTRUCT itself is higher: 3.6% within 12 months. It rests on far more data about DS CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for DS CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 55.24 (33.19 in 2024), above the usual 1.5. Short-term debt is 1.5% and cash 18% of total assets. 23.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 45 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DS CONSTRUCT Machelen (Brab.) | €286,986 | 9.9% | 76.3% | - |
| MTS Installations Kraainem | - | - | 50.9% | - |
| DEN Drogenbos | - | - | 88.1% | - |
| BOUWBEDRIJF RENDERS Pajottegem | - | - | 8.8% | - |
| SERVICE TECHNIC BELGIUM Sint-Pieters-Leeuw | €377,399 | 12.6% | 48.0% | - |
| D.M. CONSTRUCT & COUVERTURE Overijse | - | - | 55.0% | - |
| IVB CONSTRUCT Dilbeek | - | - | 51.6% | - |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DS CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €99,400 and €115,000, founded between 2021 and 2022.
DS CONSTRUCT has existed since 2021. The present size dates from 2025. Turnover rose that year from €140,634 to €286,986.
Solvency rose in 2025 from 64.0% to 76.3% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 85% of 9,462 companies in 2025.
Higher than 95% of 9,210 companies in 2025.
Higher than 82% of 9,282 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
100,133 | 77,809 | 66,554 | 34,919 | |
21/28 |
19,214 | 34,017 | 35,339 | 10,514 | |
22/27 |
18,891 | 33,694 | 35,016 | 10,191 | |
24 |
18,891 | 33,694 | 35,016 | 10,191 | |
28 |
323 | 323 | 323 | 323 | |
29/58 |
80,919 | 43,793 | 31,215 | 24,404 | |
40/41 |
62,870 | 35,637 | 21,314 | 18,426 | |
40 |
- | 16,869 | 12,837 | 15,625 | |
41 |
62,870 | 18,768 | 8,477 | 2,801 | |
54/58 |
18,049 | 4,493 | 6,136 | 5,978 | |
490/1 |
- | 3,662 | 3,765 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
100,133 | 77,809 | 66,554 | 34,919 | |
10/15 |
76,410 | 49,808 | 35,341 | 34,553 | |
10/11 |
4,300 | 4,300 | 4,300 | 4,300 | |
14 |
72,110 | 45,508 | 31,041 | 30,253 | |
17/49 |
23,723 | 28,001 | 31,213 | 366 | |
17 |
22,258 | 26,681 | 30,835 | - | |
170/4 |
22,258 | 26,681 | 30,835 | - | |
42/48 |
1,465 | 1,320 | 378 | 366 | |
44 |
1,465 | 1,320 | 378 | 366 | |
440/4 |
1,465 | 1,320 | 378 | 366 | |
| Income statement | |||||
70 |
286,986 | 140,634 | 68,714 | 98,966 | |
9900 |
56,156 | 41,586 | 18,501 | 34,659 | |
60/61 |
230,830 | 99,049 | 50,214 | 64,307 | |
62 |
83 | - | - | - | |
630 |
12,552 | 12,434 | 10,700 | 3,595 | |
640/8 |
12,371 | 2,975 | 5,290 | 116 | |
66A |
2,681 | 2,701 | 368 | - | |
9901 |
28,469 | 23,476 | 2,143 | 30,949 | |
75/76B |
1,582 | 647 | 412 | - | |
75 |
1,582 | 647 | - | - | |
76B |
- | - | 412 | - | |
65/66B |
2,367 | 1,929 | 1,767 | 696 | |
65 |
2,367 | 1,929 | 1,767 | 44 | |
66B |
- | - | - | 653 | |
9903 |
27,684 | 22,194 | 788 | 30,253 | |
67/77 |
1,082 | 7,726 | - | - | |
9904 |
26,602 | 14,468 | 788 | 30,253 | |
9905 |
26,602 | 14,468 | 788 | 30,253 | |
| Appropriation of the result | |||||
9906 |
72,110 | 45,508 | 31,041 | 30,253 | |
14P |
45,508 | 31,041 | 30,253 | - | |
| Document | |||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 18-09-2026.
2025 annual accounts filed 49 days after the deadline. Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00521502.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 41,021 | 35,910 | 12,843 | 34,544 | ||
| 39,154 | 26,901 | 11,489 | 33,848 | ||
| -2,250 | 11,112 | 35,525 | 14,109 | ||
| 13,556 | -1,643 | 157 | - | ||
| 79,454 | 42,473 | 30,837 | 24,038 | ||
| 9.9% | 16.7% | 3.1% | 31.3% | ||
| 76.3% | 64.0% | 53.1% | 99.0% | ||
| 55.24 | 33.19 | 82.61 | 66.67 | ||
| 0.31 | 0.56 | 0.88 | 0.01 | ||
| 34.8% | 29.0% | 2.2% | 87.6% | ||
| 26.6% | 18.6% | 1.2% | 86.6% | ||
| 17.33 | 18.62 | 7.27 | over 100 | ||
| 80 days | 44 days | 68 days | 58 days | ||
| 2 days | 5 days | 3 days | 2 days |
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.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €11,112 | €35,525 | €13,786 |
| Financial fixed assets | - | - | - | €323 |
| €12,552 | €12,434 | €10,700 | €3,595 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 21% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 36.0% to 23.7%. Equity is higher and debt is lower.
DS CONSTRUCT has no parent and no holdings in its annual accounts. DALIPI Samir is the only director. DS CONSTRUCT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 26 October 2021, DS CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €4,300.12 The registered office moved to Wemmel in 2023 and to Machelen in 2026.34 DALIPI Samir is director of the company, appointed by deed of 28-10-2021.2 Turnover went from €98,966 in 2022 to €286,986 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Frans Van Fraechemstraat 20 registered office 1830 Machelen (Brab.) | 26-10-2021 | 2.325.243.517 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23047B0046/00C004 | 124 m² | 1 · 94 m² | 9.9 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0776.492.522
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