DS Installaties
ActiveSummary
The computed 12-month bankruptcy probability of DS Installaties is 1.9% (moderate). The 2025 annual accounts show equity of €5k and a net result of €118k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 27786 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+15
Solvency26▼-50
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.5%
Return on assets
34.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-03-2026, 141 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
141 d early
2024
135 d early
2023
113 d early
2022
32 d early
2021
12 d early
2020
26 d early
2019
31 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 94.5%
2024 · €92k
2019: €13k
2020: €27k
2021: €89k
2022: €87k
2023: €104k
2024: €92k
2019 → 2025
Total assets
€344k▲ 90.1%
2024 · €181k
2019: €38k
2020: €87k
2021: €181k
2022: €220k
2023: €312k
2024: €181k
2019 → 2025
Net result
€118k▲ 414%
2024 · €23k
2019: €8k
2020: €15k
2021: €62k
2022: €22k
2023: €64k
2024: €23k
2019 → 2025
Working capital
€-30k
2024 · €76k
2019: €13k
2020: €27k
2021: €87k
2022: €64k
2023: €85k
2024: €76k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€89k-€87k▼ 2.0%€104k▲ 18.9%€92k▼ 11.8%€5k▼ 94.5%
Operating result€83k-€25k▼ 70.0%€86k▲ 246%€32k▼ 63.2%€147k▲ 365%
Net result€62k-€22k▼ 64.8%€64k▲ 193%€23k▼ 63.8%€118k▲ 414%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 365% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344k
Fixed assets
€118k ▲ 316%
Current assets
€226k ▲ 48.2%
Equity and liabilities €344k
Equity
€5k ▼ 94.5%
Debt
€339k ▲ 279%
Debt's share of the balance-sheet total rises from 49.4% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€163k▲
2024 · €43k
Cash flow
€133k▲
2024 · €35k
Current ratio
0.88▼
2024 · 1.99
Debt to equity
67.82▲
2024 · 0.98
ROA
34.3%▲
2024 · 12.7%
Interest coverage
54.54▲
2024 · 38.77
Debt ≤ 1 year
€256k▲
2024 · €77k
Debt > 1 year
€83k▲
2024 · €13k
Income taxes
€26k▲
2024 · €8k
Staff costs
€-534▼
2024 · €241
A ratio outside any meaningful range has been withheld (balance sheet total €344k, equity €5k).
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€181k€344k▲
Fixed assets21/28€28k€118k▲
Tangible fixed assets22/27€28k€118k▲
Plant, machinery and equipment23€7k€7k▲
Furniture and vehicles24€21k€110k▲
Financial fixed assets28€80€200▲
Current assets29/58€153k€226k▲
Amounts receivable within one year40/41€87k€147k▲
Trade receivables40€60k€128k▲
Other amounts receivable41€27k€19k▼
Cash at bank and in hand54/58€65k€76k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€181k€344k▲
Equity10/15€92k€5k▼
Contributions10/11€5k€5k=
Reserves13€87k€0▼
Distributable reserves133€87k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€89k€339k▲
Amounts payable after more than one year17€13k€83k▲
Financial debts170/4€13k€83k▲
Amounts payable within one year42/48€77k€256k▲
Current portion of amounts payable after more than one year42€8k€27k▲
Financial debts43€6k€0▼
Credit institutions430/8€6k€0▼
Trade debts44€27k€25k▼
Suppliers440/4€27k€25k▼
Other amounts payable47/48€35k€205k▲
Income statement
Code20242025
Remuneration, social security and pensions62€241€-534▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲
Other operating charges640/8€876€904▲
Gross operating margin9900€45k€163k▲
Operating profit (loss)9901€32k€147k▲
Financial income75/76B€188€2▼
Recurring financial income75€188€2▼
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€31k€144k▲
Income taxes67/77€8k€26k▲
Profit (loss) for the period9904€23k€118k▲
Profit (loss) for the period to be appropriated9905€23k€118k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€118k▲
Transfer from equity791/2€35k€87k▲
Transfer to equity691/2€23k€0▼
To other reserves6921€23k€0▼
Profit to be distributed694/7€35k€205k▲
Return on contributions (dividend)694€35k€205k▲
The notes to these accounts (14 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
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €118k ▲414%
Operating result €147k, net result €118k, both a record.
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €104k ▲18.9%
5 profitable years in a row build equity to €104k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Essen · 1 establishment unit since 2019
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.
Postbaan 74H2910 EssenGround area
4,186 m²
Building footprint
174 m²
Parcel 11016B0586/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
DS Installaties
since 20192.294.221.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016B0586/00E000 | Flanders | 4,186 m² | 1 · 174 m² | 0.0 m |
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.
Similar companies · same sector, comparable size
LUDO CHAUFFAGE
BE 0739.559.969
Les Bons Villers · Eq €5,000
Hyperspeed
BE 0739.784.950
Geel · Eq €5,000
WALBROU MICHIEL
BE 0740.518.586
Ieper · Eq €5,000
JERVIS SANITAIR & VERWARMING
BE 0759.402.310
Zemst · Eq €5,000
HP HOME PROJECT
BE 0760.842.066
Ramillies · Eq €5,000
Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 1,111 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
Founded20-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.