DS Projects

Active

Private limited companyfounded 20215 yrs activeDorpsplein 13, 2950 Kapellen, BelgiumKBO/BCE: BE 0765.880.524

DS Projects has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

64 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency35▼-10

Growth58=

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

10.4%

Return on assets

46.3%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 31540 sector peers (2025).

NBB · sector comparison

Position among 31540 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

86 d early

2024

73 d early

2023

75 d early

2022

87 d early

2021

81 d early

← before the deadline after the deadline →

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 months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€7k▼ 62.1%

2024 · €19k

2021: €25k 2022: €56k 2023: €90k 2024: €19k

2021 → 2025

Total assets

€69k▼ 28.4%

2024 · €96k

2021: €100k 2022: €63k 2023: €193k 2024: €96k

2021 → 2025

Net result

€32k▼ 0.7%

2024 · €32k

2021: €19k 2022: €38k 2023: €34k 2024: €32k

2021 → 2025

Working capital

€-21k▼ 73.4%

2024 · €-12k

2021: €112 2022: €49k 2023: €58k 2024: €-12k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€25k-€56k▲ 125%€90k▲ 60.7%€19k▼ 78.8%€7k▼ 62.1%

Operating result€25k-€50k▲ 103%€48k▼ 4.9%€46k▼ 3.9%€45k▼ 1.6%

Net result€19k-€38k▲ 103%€34k▼ 11.4%€32k▼ 5.0%€32k▼ 0.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 2% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €69k

83.6%

16.4%

Fixed assets €58k▼ 29.2%

Current assets €11k▼ 23.7%

Equity and liabilities €69k

10%

89.6%

Equity €7k▼ 62.1%

Debt €62k▼ 20.1%

The debt ratio rises from 80.3% to 89.6%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€69k▼

2024 · €70k

Cash flow

€56k▲

2024 · €56k

Solvency

10.4%▼

2024 · 19.7%

Current ratio

0.35▼

2024 · 0.55

Quick ratio

0.35▼

2024 · 0.55

Debt / equity

8.59▲

2024 · 4.08

ROE

443.5%▲

2024 · 169.5%

ROA

46.3%▲

2024 · 33.4%

Interest coverage

23.93▲

2024 · 18.66

Debt

€62k▼

2024 · €77k

Debt ≤ 1 year

€32k▲

2024 · €27k

Debt > 1 year

€29k▼

2024 · €50k

Income taxes

€11k▲

2024 · €10k

Staff costs

€0▼

2024 · €1k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€96k€69k▼

Fixed assets21/28€82k€58k▼

Tangible fixed assets22/27€82k€58k▼

Land and buildings22€5k€5k▼

Plant, machinery and equipment23€3k€2k▼

Furniture and vehicles24€73k€51k▼

Current assets29/58€15k€11k▼

Amounts receivable within one year40/41€106€6k▲

Trade receivables40€0-

Other amounts receivable41€106€6k▲

Cash at bank and in hand54/58€3k€5k▲

Deferred charges and accrued income490/1€11k€119▼

Equity and liabilities

Total equity and liabilities10/49€96k€69k▼

Equity10/15€19k€7k▼

Contributions10/11€6k€6k=

Profit (loss) carried forward14€13k€1k▼

Amounts payable17/49€77k€62k▼

Amounts payable after more than one year17€50k€29k▼

Financial debts170/4€50k€29k▼

Amounts payable within one year42/48€27k€32k▲

Current portion of amounts payable after more than one year42€20k€21k▲

Trade debts44€581€2k▲

Suppliers440/4€581€2k▲

Taxes, remuneration and social security45€6k€9k▲

Taxes450/3€6k€9k▲

Other amounts payable47/48€5€0▼

Income statement Code20242025

Remuneration, social security and pensions62€1k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲

Other operating charges640/8€2k€1k▼

Gross operating margin9900€73k€70k▼

Operating profit (loss)9901€46k€45k▼

Financial income75/76B€0€10▲

Recurring financial income75€0€10▲

Financial charges65/66B€4k€3k▼

Recurring financial charges65€4k€3k▼

Profit (loss) for the period before taxes9903€42k€43k▲

Income taxes67/77€10k€11k▲

Profit (loss) for the period9904€32k€32k▼

Profit (loss) for the period to be appropriated9905€32k€32k▼

Appropriation of the result

Profit (loss) to be appropriated9906€116k€45k▼

Profit (loss) brought forward from the previous period14P€84k€13k▼

Profit to be distributed694/7€103k€44k▼

Return on contributions (dividend)694€103k€44k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

06-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

19-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

17-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

05-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €38k ▲103%

Operating result €50k, net result €38k, both a record.

31-12

Financial Liquidity times 8current ratio 7.60

Current ratio from 1.01 to 7.60; short-term debt falls from €22k to €7k.

11-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Kapellen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Dorpsplein 132950 Kapellen

Ground area

4,761 m²

Building footprint

752 m²

Volume, LiDAR

9,202 m³

Parcel 11902F0132/00A010, Flanders · tallest building 15.8 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

DS Projects

Dorpsplein 13, 2950 KapellenIT consultancy

since 20212.315.434.738

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11902F0132/00A010	Flanders	4,761 m²	1 · 752 m²	15.8 m · 5 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.

Similar companies · same sector, comparable size

KC Management Consult

MP CONSULTING SERVICES

Of 5,691 companies in sector 70100 we hold annual accounts for 3,489. 990 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-03-2021

Fiscal year end31-12

Activities, NACEBEL

70100Activities of head offices

62020IT consultancy

62200Computer consultancy and computer facilities management

93199Other sports activities

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:dsprojectskapellen@gmail.com

Enterprise