DS-ENGINEERING
ActiveSummary
DS-ENGINEERING has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-738k) and a net result of €-79k. Equity is shrinking by ~41.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.29 in 2024; short-term debt: 706.2% and cash: 1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-606.2%
Return on assets
-65.1%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year €-738k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-03-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
34 d early
2023
on the day
2021
9 d late
2020
1 d early
2019
51 d early
2018
29 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-738k▼ 12.0%
2024 · €-659k
2018: €394k
2019: €423k
2020: €373k
2021: €377k
2023: €-593k
2024: €-659k
2018 → 2025
Total assets
€122k▼ 58.3%
2024 · €292k
2018: €1.23M
2019: €1.48M
2020: €1.42M
2021: €1.69M
2023: €561k
2024: €292k
2018 → 2025
Net result
€-79k▼ 19.6%
2024 · €-66k
2018: €4k
2019: €29k
2020: €-49k
2021: €3k
2023: €-969k
2024: €-66k
2018 → 2025
Working capital
€-739k▼ 9.3%
2024 · €-676k
2018: €380k
2019: €397k
2020: €273k
2021: €461k
2023: €-600k
2024: €-676k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€373k-€377k▲ 0.9%€-593k€-659k▼ 11.2%€-738k▼ 12.0%
Operating result€-12k-€53k€-876k€-60k▲ 93.1%€-75k▼ 24.0%
Net result€-49k-€3k€-969k€-66k▲ 93.2%€-79k▼ 19.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €75k in 2025 against €60k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€465 ▼ 97.2%
Current assets
€121k ▼ 56.0%
Key figures and ratios
EBITDA
€-71k▼
2024 · €-53k
Cash flow
€-76k▼
2024 · €-60k
Solvency
-606.2%▼
2024 · -225.5%
Current ratio
0.14▼
2024 · 0.29
Quick ratio
0.05▼
2024 · 0.17
Debt to equity
-1.16▲
2024 · -1.44
ROA
-65.1%▼
2024 · -22.7%
Interest coverage
-15.88▼
2024 · -9.46
Debt
€860k▼
2024 · €951k
Debt ≤ 1 year
€860k▼
2024 · €951k
Income taxes
€191▼
2024 · €450
Staff costs
€3k▲
2024 · €2k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€292k€122k▼
Fixed assets21/28€17k€465▼
Intangible fixed assets21€4k€465▼
Tangible fixed assets22/27€13k-
Furniture and vehicles24€13k-
Current assets29/58€276k€121k▼
Stocks and contracts in progress3€115k€79k▼
Contracts in progress37€115k€79k▼
Amounts receivable within one year40/41€101k€38k▼
Trade receivables40€101k€37k▼
Other amounts receivable41-€972
Cash at bank and in hand54/58€60k€1k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€292k€122k▼
Equity10/15€-659k€-738k▼
Contributions10/11€310k€310k=
Capital10€310k€310k=
Issued capital100€310k€310k=
Reserves13€31k€31k=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Profit (loss) carried forward14€-1,000k€-1.08M▼
Amounts payable17/49€951k€860k▼
Amounts payable within one year42/48€951k€860k▼
Current portion of amounts payable after more than one year42€124k-
Trade debts44€61k€58k▼
Suppliers440/4€61k€58k▼
Taxes, remuneration and social security45€7k€191▼
Taxes450/3€7k€191▼
Other amounts payable47/48€759k€801k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-49k€-67k▼
Operating profit (loss)9901€-60k€-75k▼
Financial income75/76B-€51
Recurring financial income75-€51
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€-66k€-79k▼
Income taxes67/77€450€191▼
Profit (loss) for the period9904€-66k€-79k▼
Profit (loss) for the period to be appropriated9905€-66k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.04M€-1.08M▼
Profit (loss) brought forward from the previous period14P€-969k€-1,000k▼
Transfer from equity791/2€36k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-969k
Net result drops to €-969k, the lowest in the series; recovery starts the following year.
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €29k ▲700%
Operating result €90k, net result €29k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Antwerpen · 1 establishment unit since 1982
Ground area
330 m²
Building footprint
131 m²
Volume, LiDAR
1,168 m³
Parcel 11810K1908/00Y000, Flanders · tallest building 17.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Desguinlei 200, 2018 Antwerpen
since 19822.023.163.741
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1908/00Y000 | Flanders | 330 m² | 1 · 131 m² | 17.0 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,055 EUR awarded · 2,055 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,055 EUR | 2,055 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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DB-ENGINEERING
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,560. 4,705 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 formPublic limited company
Founded29-12-1981
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.