DS DEWULF

Active

Private limited companyfounded 20242 yrs activeRederijkersstraat 24, 8970 Poperinge, BelgiumKBO/BCE: BE 1012.363.660

Summary

DS DEWULF has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €-885. Its solvency ranks better than 27% of 203 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability42▼-36

Solvency41▲+4

Growth32

Track record82

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.88 against 1.01 in 2024; short-term debt: 43.3% and cash: 0.3% of total assets), and 84.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 13

Relative position

BE, all sectors

reference

Sector 13

lower

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

15.8%

Return on assets

-1.2%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

48 d late

2024

65 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€12k▼ 7.0%

2024 · €13k

2024: €13k

2024 → 2025

Total assets

€74k▼ 27.5%

2024 · €102k

2024: €102k

2024 → 2025

Net result

€-885

2024 · €8k

2024: €8k

2024 → 2025

Working capital

€-4k

2024 · €343

2024: €343

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€13k-€12k▼ 7.0%

Operating result€14k-€10k▼ 32.2%

Net result€8k-€-885

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 32% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €74k

61.9%

38.1%

Fixed assets €46k ▼ 13.2%

Current assets €28k ▼ 42.8%

Equity and liabilities €74k

15.8%

84.2%

Equity €12k ▼ 7.0%

Debt €62k ▼ 30.4%

Debt's share of the balance-sheet total falls from 87.7% to 84.2%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€21k▲

2024 · €18k

Cash flow

€11k=

2024 · €11k

Current ratio

0.88▼

2024 · 1.01

Quick ratio

0.63▼

2024 · 0.70

Debt to equity

5.32▼

2024 · 7.11

ROE

-7.6%▼

2024 · 60.3%

ROA

-1.2%▼

2024 · 7.4%

Interest coverage

3.02▼

2024 · 6.99

Debt ≤ 1 year

€32k▼

2024 · €49k

Debt > 1 year

€30k▼

2024 · €40k

Income taxes

€4k▼

2024 · €4k

Staff costs

€18k▲

2024 · €10k

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 · 2025 against 2024 · 50 lines

Balance sheet Code20242025

Assets

Total assets20/58€102k€74k▼

Fixed assets21/28€53k€46k▼

Tangible fixed assets22/27€52k€45k▼

Plant, machinery and equipment23€5k€7k▲

Furniture and vehicles24€33k€26k▼

Leasing and similar rights25€14k€11k▼

Financial fixed assets28€900€900=

Current assets29/58€49k€28k▼

Stocks and contracts in progress3€15k€8k▼

Stocks30/36€15k€8k▼

Amounts receivable within one year40/41€19k€17k▼

Trade receivables40€11k€7k▼

Other amounts receivable41€8k€10k▲

Cash at bank and in hand54/58€12k€237▼

Deferred charges and accrued income490/1€3k€3k▲

Equity and liabilities

Total equity and liabilities10/49€102k€74k▼

Equity10/15€13k€12k▼

Contributions10/11€5k€5k=

Reserves13€8k€7k▼

Distributable reserves133€8k€7k▼

Amounts payable17/49€89k€62k▼

Amounts payable after more than one year17€40k€30k▼

Financial debts170/4€40k€30k▼

Amounts payable within one year42/48€49k€32k▼

Current portion of amounts payable after more than one year42€10k€10k▲

Financial debts43-€2k

Credit institutions430/8-€2k

Trade debts44€26k€13k▼

Suppliers440/4€26k€13k▼

Taxes, remuneration and social security45€14k€8k▼

Taxes450/3€13k€8k▼

Remuneration and social security454/9€321-

Income statement Code20242025

Remuneration, social security and pensions62€10k€18k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€12k▲

Other operating charges640/8€1k€2k▲

Non-recurring operating charges66A€4k-

Gross operating margin9900€33k€41k▲

Operating profit (loss)9901€14k€10k▼

Financial income75/76B€62€238▲

Recurring financial income75€62€238▲

Financial charges65/66B€3k€7k▲

Recurring financial charges65€3k€7k▲

Profit (loss) for the period before taxes9903€12k€3k▼

Income taxes67/77€4k€4k▼

Profit (loss) for the period9904€8k€-885▼

Profit (loss) for the period to be appropriated9905€8k€-885▼

Appropriation of the result

Profit (loss) to be appropriated9906€8k€-885▼

Transfer from equity791/2-€885

Transfer to equity691/2€8k-

To other reserves6921€8k-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

17-09

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 48 days late

2025

27-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Poperinge · 3 establishment units since 2024

establishment All 3 establishment units 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.

Rederijkersstraat 248970 Poperinge

Ground area

1,034 m²

Building footprint

453 m²

Volume, LiDAR

2,667 m³

3 parcels, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.

3 establishment units

DS DEWULF

Rederijkersstraat 24, 8970 PoperingeManufacture of textiles

since 20242.362.596.237

DS DEWULF

Gasthuisstraat 12, 8970 PoperingeManufacture of textiles

since 20242.362.596.336

DS DEWULF

Generaal Baron Jacquesstraat(D) 32, 8600 DiksmuideManufacture of textiles

since 20242.362.596.435

3 parcels

Flanders 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
33021F1144/00F000	Flanders	691 m²	1 · 306 m²	13.9 m · 3 fl.
33021F1620/00T002	Flanders	238 m²	1 · 78 m²	-
32003B0053/00D000	Flanders	106 m²	1 · 69 m²	10.0 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 2

3 of 3 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

ROJ.TEX

BE 0690.585.461

Anderlecht · Eq €11,167

ZEILMAKERIJ M. KNUYSEN

BE 0434.108.058

Wijnegem · Eq €11,165

Rixensart · Eq €12,471

DECORS DE FENETRES

BE 0456.332.738

Watermaal-Bosvoorde · Eq €10,897

Of 598 companies in sector 13929 we hold annual accounts for 236. 71 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded09-08-2024

Fiscal year end31-12

Activities, NACEBEL 2025

13929Manufacture of textiles

47512Retail sale of household textiles and bedding

73300Public relations and communication consultancy

74120Graphic design and visual communication

74201Photography, excluding press photography

95290Repair and maintenance of other personal and household goods

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

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