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DS PROJECTS

Active Private limited companyfounded 2006active for 20 yearsHundelgemsesteenweg 880B, 9820 Merelbeke-MelleKBO/BCE: BE 0878.414.677

Lifetime

18 annual accounts with figures on one time axis, 20 filings since 2006
peak €88,557 (2016)
€31,978▼ 25.8%
lowest -€19,255 (2021)
€11,456▼ 39.6%
peak €64,294 (2019)
€41,004▼ 24.0%
€59,315▲ 37.4%
Board2 names since 2011
1 director
Documentsfilings and deeds
18-02-2026163 days before the deadline
2025micro format
Gross margin from €43,120 to €31,978Result from €18,965 to €11,456Reappointment: (director) 07-07Dividend €24,394Equity from €53,942 to €41,004Debts from €43,163 to €59,315

Key points

from the 2025 annual accounts

Equity

€41,004 ▼ 24.0%
53,9422024+11,456Profit-24,394Dividend41,0042025

DS PROJECTS paid out €24,394 in dividends. That is 213% of the 2025 profit.

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Liquidity

0.81 was 1.51 in 2024

Short-term debts rose from €23,764 to €52,718.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as DS PROJECTS has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 31,386 companies, not a prediction for DS PROJECTS. 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

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

Signals

Board and ownership

Director, since 29-03-2011
  • deed of 16-12-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0878414677
Reappointment: (director) Appointment: (successor director) · General meeting of 12-05-2025 · Gazette deed
Registered office moved within Merelbeke New registered office: Hundelgemsesteenweg 880B, 9820 Merelbeke · Previous registered office: Hundelgemsesteenweg 932, 9820 Merelbeke · Change of role: , from manager to director · General meeting of 21-01-2022 · Gazette deed
Capital increase of €12,600 to €31,200 Capital from €18,600 to €31,200 · Contribution: · General meeting of 28-11-2016 · Gazette deed
All 32 events

Comparable companies

same main activity, similar in size and age
Company
DS PROJECTS Merelbeke-Melle €100,319 €31,978 40.9% -
PANIS DOMINIC Herk-de-Stad €98,574 €33,734 89.6% -
TEGELWERKEN DIRK NEVEN Heers €111,430 €30,051 71.8% -
BAVRE WESLEY Wetteren €113,219 €37,344 -27.2% -
JOHN QUINTYN Lievegem €108,358 €39,897 22.0% -
BOUWBEDRIJF DE PUYDT Wortegem-Petegem €128,235 €39,760 54.6% -
PERSYN Oudenaarde €123,848 €36,347 31.4% -

These companies have the same main activity as DS PROJECTS: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €98,600 and €128,000, founded between 2001 and 2010.

Official details

Source: KBO
Status
Active since 03-01-2006Normal situation
Activity
Floor and wall tilingNACE 43331and 1 other
Establishment unit
2.151.351.5189820 Merelbeke-Melle, since 30-01-2006
Financial year end
31 December
Peppol
Reachable since 02-06-2026
Company details

Annual accounts 2025

€100,319▲ 3.3%
Filing
Filed on 18-02-2026, 163 days before the end of the filing period
Financials

Insights on DS PROJECTS

DS PROJECTS files the micro format. That format states no turnover. The gross margin rose from €4,882 in 2008 to €31,978 in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets.

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 PROJECTS

What is the company number of DS PROJECTS?
The company number of DS PROJECTS is 0878.414.677. The VAT number is the same number with BE in front: BE 0878.414.677.
Where is DS PROJECTS based?
The registered office is at Hundelgemsesteenweg 880B, 9820 Merelbeke-Melle.Company details
What does DS PROJECTS do?
According to the KBO register, the main activity is floor and wall tiling (NACE 43331).
What is the legal form of DS PROJECTS?
DS PROJECTS is a private limited company (BV).
When was DS PROJECTS founded?
DS PROJECTS was founded on 03-01-2006.
Is DS PROJECTS still active?
Yes, DS PROJECTS is an active enterprise in the KBO register.
What is the turnover of DS PROJECTS?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €31,978 and 88 comparable companies (NACE 433). It probably lies between €130,000 and €320,000.Financials
Is DS PROJECTS profitable?
In financial year 2025, DS PROJECTS made a profit of €11,456.
Where can I find the annual accounts of DS PROJECTS?
DS PROJECTS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DS PROJECTS due?
DS PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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