Active BE 0808.179.947Private limited company

DS Engineering

Rijselstraat(WAA) 33 ·7784 Comines-Warneton, Belgium· 17 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

DS Engineering has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €4k. Its solvency ranks better than 35% of 12490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€112k
Net result	€4k
Better than sector	35%
Active	17 yrs

Financial profile 5 of 5 axes measured · computed by Checked

72 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 87

Profitability 18

Solvency 77

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2008, 17 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

87 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview16 NBB filings

Annual accounts filed on 23-06-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	43.5%	60.5%	better than 35% of 12490 sector peers
Net result	€4k	€31k	better than 21% of 12492 sector peers
Equity	€112k	€63k	better than 69% of 12498 sector peers
Gross operating margin	€35k	€52k	better than 37% of 12477 sector peers
Total assets	€257k	€124k	better than 75% of 12491 sector peers

EBITDA

€33k

+9.4% 23-24

Net profit

€4k

+284.5% 23-24

Cash flow

€26k

+4.1% 23-24

Total assets

€257k

-1.0% 23-24

Equity

€112k

+3.8% 23-24

Working capital

€73k

+53.4% 23-24

Income taxes

€2k

+229.1% 23-24

Dividends

€0

-100.0% 23-24

Debt

€145k

-4.4% 23-24

Debt ≤ 1y

€145k

-4.4% 23-24

Current ratio

1.50

+14.5% 23-24

Quick ratio

1.50

+14.5% 23-24

Solvency

43.5%

+4.8% 23-24

Debt / equity

1.30

-7.9% 23-24

ROE

3.6%

+270.5% 23-24

ROA

1.6%

+288.5% 23-24

Interest coverage

3.51

-44.7% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro schema
Revenue	-
EBITDA	€33k
Net profit	€4k
Cash flow	€26k
Staff costs	-
Income taxes	€2k
Dividends	€0
Total assets	€257k
Equity	€112k
Debt	€145k
of which ≤ 1y	€145k
of which > 1y	-
Working capital	€73k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.50
Quick ratio	1.50
Working capital ratio	28.5%
Solvency	43.5%
Debt / equity	1.30
Long-term debt ratio	-
Interest coverage	3.51
Gross margin	-
Net margin	-
ROA	1.6%
ROE	3.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €39k · 15.1% Current assets €218k · 84.9%

Equity & liabilities

Equity €112k · 43.5% Debt €145k · 56.5%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€257k
Fixed assets	21/28	€39k
Tangible fixed assets	22/27	€39k
Current assets	29/58	€218k
Amounts receivable within one year	40/41	€23k
Investments	50/53	€142k
Cash & bank	54/58	€50k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€257k
Equity	10/15	€112k
Contributions / capital	10/11	€19k
Reserves	13	€93k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€145k
Amounts payable within one year	42/48	€145k
Trade debts payable within one year	44	€4k
Income statement
Gross operating margin	9900	€35k
Operating result	9901	€11k
Financial income	75	€4k
Financial charges	65	€9k
Result before taxes	9903	€6k
Income taxes	67/77	€2k
Net result for the period	9904	€4k
Result to be appropriated	9905	€4k

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company(610)
Incorporation	04-12-2008
Status	Active
Postal code	7784

Establishment units 1 location

DS ENGINEERING

Rijselstraat(WAA) 33, 7784 Comines-WarnetonAgents in non-specialised wholesale trade

since 20082.175.367.926

Real-estate footprint Source: CBE × cadastre

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
54009C0581/00G000	Wallonia	1,256 m²	1 · 164 m²	13.3 m · 4 fl.

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.

Updates 10 events

All 10Filings 10

2025

23-06