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DS Corporation

Open bankruptcy
Private limited companyfounded 2023Kloosterstraat 41, 1745 Opwijk, BelgiumKBO/BCE: BE 0800.662.744

A bankruptcy procedure is open for DS Corporation according to publications in the Belgian State Gazette; curator: JEROEN PINOY.

Summary

The 2024 annual accounts show negative equity (€-65k) and a net result of €-28k.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year €-65k
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
5 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€-65k▼ 73.3%
2023 · €-38k
2023: €-38k
2023 → 2024
Total assets
€152k▲ 166%
2023 · €57k
2023: €57k
2023 → 2024
Net result
€-28k▲ 26.7%
2023 · €-38k
2023: €-38k
2023 → 2024
Working capital
€-70k▼ 32.7%
2023 · €-53k
2023: €-53k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€-38k-€-65k▼ 73.3%
Operating result€-37k-€-15k▲ 58.8%
Net result€-38k-€-28k▲ 26.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-30k€-20k€-10k€0Operating result 2023: €-37k€-37kNet result 2023: €-38k€-38kOperating result 2024: €-15k€-15kNet result 2024: €-28k€-28k20232024€-40k€-30k€-20k€-10k€0Operating result 2023: €-37k€-37kNet result 2023: €-38k€-38kOperating result 2024: €-15k€-15kNet result 2024: €-28k€-28k20232024
The operating result stays negative: a loss of €15k in 2024 against €37k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €152k
Fixed assets €16k ▼ 59.1%
Current assets €136k ▲ 654%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-10k
2023 · €-35k
Cash flow
€-22k
2023 · €-36k
Solvency
-42.9%
2023 · -65.9%
Current ratio
0.66
2023 · 0.26
Debt to equity
-3.33
2023 · -2.52
ROA
-18.1%
2023 · -65.9%
Interest coverage
-0.79
2023 · -47.32
Debt
€218k
2023 · €95k
Debt ≤ 1 year
€206k
2023 · €71k
Debt > 1 year
€11k
2023 · €24k
Staff costs
€156k
2023 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€57k€152k
Fixed assets21/28€39k€16k
Tangible fixed assets22/27€39k€15k
Furniture and vehicles24€39k€15k
Financial fixed assets28-€1k
Current assets29/58€18k€136k
Amounts receivable within one year40/41€12k€136k
Trade receivables40-€106k
Other amounts receivable41€12k€30k
Cash at bank and in hand54/58€2k€524
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€57k€152k
Equity10/15€-38k€-65k
Profit (loss) carried forward14€-38k€-65k
Amounts payable17/49€95k€218k
Amounts payable after more than one year17€24k€11k
Financial debts170/4€24k€11k
Amounts payable within one year42/48€71k€206k
Current portion of amounts payable after more than one year42€12k€13k
Financial debts43€28k-
Credit institutions430/8€28k-
Trade debts44€24k€164k
Suppliers440/4€24k€164k
Taxes, remuneration and social security45€6k€30k
Taxes450/3€293€4k
Remuneration and social security454/9€6k€26k
Other amounts payable47/48€438-
Accrued charges and deferred income492/3€250€262
Income statement Code20232024
Remuneration, social security and pensions62€45k€156k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k
Other operating charges640/8€90€3k
Non-recurring operating charges66A-€5k
Gross operating margin9900€9k€153k
Operating profit (loss)9901€-37k€-15k
Financial income75/76B-€119
Recurring financial income75-€119
Financial charges65/66B€743€13k
Recurring financial charges65€743€13k
Profit (loss) for the period before taxes9903€-38k€-28k
Profit (loss) for the period9904€-38k€-28k
Profit (loss) for the period to be appropriated9905€-38k€-28k
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-65k
Profit (loss) brought forward from the previous period14P-€-38k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
03-11
Bankruptcy Opening
Ondernemingsrechtbank Brussel · DS CORPORATION BV KLOOS- TERSTRAAT 41/2, 1745 OPWIJK · event 28-10-2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Opwijk · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kloosterstraat 411745 Opwijk
Ground area
2,438 m²
Building footprint
263 m²
Volume, LiDAR
2,444 m³
Parcel 23060B0556/00C003, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DS Corporation
Kloosterstraat 41, 1745 OpwijkConstruction of utility projects for electricity and telecommunications
since 20232.344.167.821
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23060B0556/00C003 Flanders 2,437 m² 1 · 263 m² 12.9 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JEROEN PINOY
STATIONSSTRAAT 117, 1840 LONDER- ZEEL
28-10-2025present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,209 companies in sector 95316 we hold annual accounts for 752. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.