DS IMMO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DS IMMO CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €17,525 and a net result of €1,275. Its solvency ranks better than 50% of 9,309 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €17,525
- Profit
- €1,275
Why 55raises riskFounded in 2025Size: total assets €40,408Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 0.78, cash €10,451Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 51% on solvency, 57% on liquidity and 47% on profitability.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: SCHOULEUR Delphine Marie Françoise…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 185 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 98.9% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 185 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,697 |
| Gross operating margin9900 | €7,321 |
| Operating profit (loss)9901 | €1,624 |
| Financial income75/76B | €53 |
| Recurring financial income75 | €53 |
| Financial charges65/66B | €32 |
| Recurring financial charges65 | €32 |
| Profit (loss) for the period before taxes9903 | €1,644 |
| Income taxes67/77 | €369 |
| Profit (loss) for the period9904 | €1,275 |
| Profit (loss) for the period to be appropriated9905 | €1,275 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €40,408 | |
| Fixed assets21/28 | €22,583 | |
| Tangible fixed assets22/27 | €22,583 | |
| Plant, machinery and equipment23 | €1,722 | |
| Furniture and vehicles24 | €20,861 | |
| Current assets29/58 | €17,825 | |
| Amounts receivable within one year40/41 | €7,373 | |
| Trade receivables40 | €7,373 | |
| Cash at bank and in hand54/58 | €10,451 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €40,408 | |
| Equity10/15 | €17,525 | |
| Contributions10/11 | €16,250 | |
| Profit (loss) carried forward14 | €1,275 | |
| Amounts payable17/49 | €22,883 | |
| Amounts payable within one year42/48 | €22,883 | |
| Trade debts44 | €12,581 | |
| Suppliers440/4 | €12,581 | |
| Taxes, remuneration and social security45 | €1,882 | |
| Taxes450/3 | €1,882 | |
| Other amounts payable47/48 | €8,420 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €1,275 |
| + Depreciation and write-downs630 | €5,697 |
| Operating cash flow (approximation) | €6,972 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 07-05-2026 | 2026-00105270 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SCHOULEUR Delphine Marie Françoise |
|
Owners and capital
Capital and shareholders
- SCHOULEUR Delphine Marie Françoise 100 shares (100%) · in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 17-01-2025 Incorporation · €16,250 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
On 15 January 2025, DS IMMO CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €16,250.12 SCHOULEUR Delphine Marie Françoise has served as director of the company since 2025.2 The company has filed annual accounts once, for financial year 2025.3
Acts, filings and financial milestones
17-01
Gazette deed
IncorporationAppointment: SCHOULEUR Delphine Marie Françoise (director) · Founder · Founding capital14 facts ▸
- Incorporation, “DS IMMO CONSTRUCT” (deed in Dutch)
- Founder, SCHOULEUR Delphine Marie Françoise (comparant)
- Other provision, “identiteitsvaststelling comparanten, identiteitskaarten” (deed in Dutch)
- Other provision, “bekwaamheidsverklaring comparanten, comparanten” (deed in Dutch)
- Other provision, “toelichting en (gedeeltelijke) voorlezing akte, integraal” (deed in Dutch)
- Founding capital, €16,250
- Other provision, 12-10-2020
- Bank account, “vennootschap in oprichting, BE03 1030 9650 6981” (deed in Dutch)
- Declaration, “bevestiging deponering conform Wetboek van vennootschappen en verenigingen, deponering heeft plaatsgevonden” (deed in Dutch)
- Capital
- Registered office clause, “De Panne,Zeedijk,69, slechts uitwerking vanaf neerlegging ter griffie van uitgifte overeenkomstig wet” (deed in Dutch)
- Board rule, 1, “vergadering beslist aantal bestuurders te bepalen op één” (deed in Dutch)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 1018.750.121
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 64051A0827/00R000 | Wallonia | 1,532 m² | 1 · 275 m² | - |
| 38352E0719/00F000 | Flanders | 288 m² | 1 · 224 m² | 30.6 m · 10 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enzovoorts…” (deed in Dutch)
28 activities (deed in Dutch)
- Het berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enzovoorts
- Managementactiviteiten van vennootschappen en holdings: het tussenkomen in het dagelijks bestuur,het vertegenwoordigen van bedrijven op grond van het bezit van of controle over het maatschappelijk kapitaal en andere managementactiviteiten
- Overige zakelijke dienstverlening
- Bouw,renovatie,herstelling aan onroerende gebouwen,dit zowel voor particulieren,overheden als voor vennootschappen
- Bouw en afwerking van gebouwen,ontwikkeling van bouwprojecten
- Bouw en afwerking van infrastructuurwerken
- Aanleg en onderhoud van tuinen en parken
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
- Projectontwikkeling voor de bouw van appartementsgebouwen
- Projectontwikkeling voor de bouw van kantoorgebouwen
- Projectontwikkeling voor de bouw of de aanleg van : commerciële,en industriële centra,hotels,industriezones en markten,jachthaven,(winter)sportcentra,enz.
- Projectontwikkeling voor de aanleg of renovatie van stadswijken
- Projectontwikkeling voor de aanleg of renovatie van tuinen en parken
- Algemene coördinatie werkzaamheden bouw werf,tuin werf,park- en infrastructuur werf
- Alle activiteiten die gelinkt met alle mogelijke werken in verband met vastgoed,zoals bijvoorbeeld elektriciteit,schrijnwerkerij,loodgieterij,dakwerken,verwarming en sanitaire,enz…
- Ontwikkeling en optimalisatie van productie- en studie processen
- Ontwikkelen en beheren van software voor diverse diensten
- Diverse 2D en 3D teken werken voor bouw projecten,tuin projecten,park- en infrastructuur projecten
- Uitbaten van congres- en evenementzalen
- Het verschaffen van logies voor kortstondig verblijf in vakantiehuisjes,woningen en appartementen
- Eet en drinkgelegenheden,zoals daar zijn restaurants en mobiele eetgelegenheden,eetgelegenheden met beperkte bediening
- Catering en overige eetgelegenheden
- Het organiseren van reizen en excursies van korte duur,regelen van reizen op maat
- Verkoop,verhuur en aankoop van bouw- en catering- en evenement materiaal,zoals daar zijn meubilair,planten,verlichting,speelgoed,spring kastelen,keuken inrichting en toestellen,bestek,glazen,borden,enz.
- Verkoop,verhuur en aankoop van rijdend materieel,type bestelwagen,personenwagen,fietsen,mobilhomes,enz.
- Alle verrichtingen van aankoop,verhuur en verkoop van gebouwen
- Het uitbouwen en beheren van een roerend en onroerend patrimonium
- Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met de landbouw
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DS IMMO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, één of meer bestuurders” (deed in Dutch)“Geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, of mandaat bestuurder al dan niet ten kosteloze titel wordt…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen, inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars, bij ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)1 more provision on this in the deed