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DS MANAGEMENT

Active Public limited companyfounded 2011active for 15 yearsBrusselsesteenweg 220, 1785 MerchtemKBO/BCE: BE 0837.823.840

Lifetime

15 annual accounts with figures on one time axis
peak €1.0m (2017)
€238,762▼ 19.8%
lowest -€158,997 (2011)
€29,668▼ 63.1%
peak €1.1m (2025)
€1.1m▲ 2.9%
€579,831▼ 21.5%
Board2 names since 2019
1 directorDOMS Serge
Owners
  
Documentsfilings and deeds
12-06-202649 days before the deadline
2025abbreviated format
Gross margin from €297,731 to €238,762Result from €80,478 to €29,668Debts from €738,850 to €579,831

Key points

from the 2025 annual accounts

Equity

€1.1m ▲ 2.9%

DS MANAGEMENT has made a profit without a break since 2012.

Result

€29,668 ▼ 63.1%
€80,5002024€29,7002025

The result fell in 2025 from €80,478 to €29,668.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 41 to 49 days before the end of the period.

Checked score

94
Excellent
Financially stronger than 50% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

90+7equity 64.6% of total assets
66+4short-term debt 33.3% · cash 24.2%
71-3return on assets 1.8%

Score breakdown

lowers risk
Size: total assets €1.6m
Figures for financial year 2025 (filed on 12-06-2026)
Liquidity: current ratio 0.75, cash €396,938
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation

The band follows from the bankruptcy probability. 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 70, micro). It does better than 60% of them on solvency, 58% on liquidity, 34% on profitability and 47% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as DS MANAGEMENT has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of DS MANAGEMENT itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,049 companies, not a prediction for DS MANAGEMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €95,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.75 (0.75 in 2024), below 1. Short-term debt is 33.3% and cash 24.2% of total assets. 35.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Size: total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 12-06-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.75, cash €396,938
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
42 days early
2023
41 days early
2022
48 days early
2021
45 days early
2020
47 days early
2019
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DS
Chair
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0837823840
Resignation: HOUYOUX Sophie (director) Reappointment: DOMS Serge (director) · Director discharge: HOUYOUX Sophie · General meeting of 15-03-2023 · Gazette deed
1 director appointed, 2 reappointments Reappointments: Doms Serge and Houyoux Sophie · Appointment: Doms Serge (managing director) · General meeting of 20-05-2019 · Gazette deed
Incorporation published on 26-07-2011 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
DS MANAGEMENT Merchtem €1.6m €238,762 64.6% -
DURABLE TECHNOLOGIES GROUP Merchtem €1.5m €217,978 23.0% -
DUCHEMIN MGT Halle €1.7m €224,673 98.4% -
JAKS INVEST Beersel €1.5m €251,319 26.9% -
Maisha Consulting Haacht €1.5m €233,761 93.1% -
SUPERFARMA Diest €1.9m €233,104 51.7% -
IMMO-LAN Pajottegem €1.7m €215,592 34.5% -

These companies have the same main activity as DS MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.5m and €1.9m, founded between 2010 and 2012.

Official details

Source: KBO
Status
Active since 13-07-2011Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.203.204.3521785 Merchtem, since 13-07-2011
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2025

≈ €380,000estimated
€1.6m▼ 7.3%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on DS MANAGEMENT

DS MANAGEMENT files the abbreviated format. That format states no turnover. The gross margin rose from €76,020 in 2011 to €238,762 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DS MANAGEMENT

What is the company number of DS MANAGEMENT?
The company number of DS MANAGEMENT is 0837.823.840. The VAT number is the same number with BE in front: BE 0837.823.840.
Where is DS MANAGEMENT based?
The registered office is at Brusselsesteenweg 220, 1785 Merchtem.Company details
What does DS MANAGEMENT do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of DS MANAGEMENT?
DS MANAGEMENT is a public limited company (NV).
When was DS MANAGEMENT founded?
DS MANAGEMENT was founded on 13-07-2011.
Is DS MANAGEMENT still active?
Yes, DS MANAGEMENT is an active enterprise in the KBO register.
What is the turnover of DS MANAGEMENT?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €238,762 and 93 comparable companies (NACE 70200). It probably lies between €310,000 and €500,000.Financials
Is DS MANAGEMENT profitable?
In financial year 2025, DS MANAGEMENT made a profit of €29,668.
Where can I find the annual accounts of DS MANAGEMENT?
DS MANAGEMENT filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DS MANAGEMENT due?
DS MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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