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 directorHidden nameVisible after signing in
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: Hidden nameVisible after signing in (director)07-07Dividend €24,394Equity from €53,942 to €41,004Debts from €43,163 to €59,315
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0878414677
Reappointment: Name after signing inVisible after signing in (director)
Appointment: Name hiddenVisible after signing in (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: Hidden nameVisible after signing in, 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: Name after signing inVisible after signing in · General meeting of 28-11-2016 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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