Equity
€562,187 from €947,712 in 2019
Equity fell by 41% in 6 years.
DS PROMOTIONS
Lifetime
18 annual accounts with figures on one time axis, 49 filings since 1977peak €1.6m (2019)
€53,579▼ 58.0%
lowest -€329,803 (2025)
-€329,803▼ €349,409
peak €947,712 (2019)
€562,187▼ 37.0%
€1.0m▲ 61.9%
peak 22.5 FTE (2016)
-not published
Board7 names since 2018
2 directorsStéphane Deboutez and 1 other
Owners
100%JLP IMMO
Documentsfilings and deeds
30-09-202661 days late
2025financial year
Gross margin from €127,484 to €53,579Loss of €329,803Registered office moved from Quevaucamps to Beloeil 10-03Equity from €891,990 to €562,187Debts from €637,509 to €1.0mInvestments €716,719
Key points
from the 2025 annual accountsResult
-€329,803 -€329,803
From profit to loss in 2025, after a profit of €19,606 in 2024.
Turnover
≈ €140,000 estimated
The accounts state no turnover.
Debts
€1.0m ▲ 61.9%
Debts rose by €394,909 in 2025.
Filings
49 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-€329,803
Lower net result than 91% of companies in real estate. Sector median €20,526 · 5,817 companies.
Checked score
51
Fair
Financially stronger than 30% of micro companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.7%▲ +0.1 percentage points vs 02-2025
04-2025: 2.8%▲ +1.1 percentage points vs 03-2025
05-2025: 2.4%▼ -0.4 percentage points vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.9%▲ +0.4 percentage points vs 07-2025
09-2025: 3.2%▲ +0.3 percentage points vs 08-2025
10-2025: 4.5%▲ +1.3 percentage points vs 09-2025highest value
11-2025: 4.3%▼ -0.2 percentage points vs 10-2025
12-2025: 0.2%▼ -4.1 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 2.6%▲ +2.3 percentage points vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Loss of €329,803 (financial year 2025)
Liquidity: current ratio 2.96, cash €8,400, halved
1 change of registered office in 24 months
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 68, micro). It does better than 51% of them on solvency, 46% on liquidity, 10% on profitability and 15% 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 moderate class on 30-06-2025, 2.4% 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, 929 companies had the same profile as DS PROMOTIONS has now. Each dot stands for 3 companies, two years later.
90.1%
were still trading
8.8%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of DS PROMOTIONS itself is higher: 2.6% within 12 months. It rests on far more data about DS PROMOTIONS than the profile alone.
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.
| 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 929 companies, not a prediction for DS PROMOTIONS. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.96 (3.41 in 2024), above the usual 1.5. Short-term debt is 12% and cash 0.5% of total assets. However, 67% of the assets are financed with debt and provisions.
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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
Five signals.
raises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
106 days late
2023
471 days late
2022
43 days late
2021
128 days late
2020
30 days late
2019
122 days late
← 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 137 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 14 November (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0402496154
Registered office moved from Quevaucamps to Beloeil
New registered office: 43, 7970 Beloeil - Rue des Viviers au Bois · Previous registered office: 114, 7972 Quevaucamps - Rue de Tournai · General meeting of 24-01-2025 · Gazette deed
Company renamed from AUTOBUS GEENENS to DS PROMOTIONS
Registered office moved to Quevaucamps · New registered office: Rue de Tournai 114, 7972 Quevaucamps · “Toutes opérations immobilières relatives à la promotion, l’achat, la vente, l’échange de biens immeubles, la…” (deed in French) · General meeting of 16-06-2022 · Gazette deed
2 directors appointed, 2 resignations
Resignations: Mathilde Geenens and Johan Geenens · Appointments: Stéphane Deboutez (managing director) and Luciano Tiepido (managing director) · Director discharge: Mathilde Geenens · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DS PROMOTIONS Beloeil | €1.7m | €53,579 | 33.0% | - |
| LECOMTE L.R.J. La Louvière | €2.1m | €41,627 | 29.5% | - |
| NUYTS & Co Zonhoven | €1.6m | €56,222 | 44.0% | - |
| HIPPO CAPSA Aartselaar | €1.5m | €89,092 | 67.8% | - |
| PROJECT en BOUW Ronse | €1.5m | €69,864 | 43.2% | - |
| POORTVELDEN BOUW Ypres | €1.4m | €30,445 | 46.0% | - |
| Société belge immobilière et de Lotissements Liège | €2.3m | €88,866 | 99.7% | - |
These companies have the same main activity as DS PROMOTIONS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.4m and €2.3m, founded between 1963 and 1975.
Official details
Source: KBO- Status
- ActiveNormal situation
- Activity
- Development of residential building projectsNACE 68121and 1 other
- Establishment unit
- 2.000.528.9887970 Beloeil, since 01-07-1963
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Companies linked to DS PROMOTIONS
Parent and group
Insights on DS PROMOTIONS
DS PROMOTIONS has existed since 1968. The gross margin fell from €1.0m in 2008 to €53,579 in 2025.
Solvency fell in 2025 from 54.4% to 33.0% because of the loss and higher long-term debts.
JLP IMMO holds all the shares.
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 PROMOTIONS
- What is the company number of DS PROMOTIONS?
- The company number of DS PROMOTIONS is 0402.496.154. The VAT number is the same number with BE in front: BE 0402.496.154.
- Where is DS PROMOTIONS based?
- The registered office is at Rue des Viviers au Bois 43, 7970 Beloeil.Company details
- What does DS PROMOTIONS do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of DS PROMOTIONS?
- DS PROMOTIONS is a public limited company (NV).
- When was DS PROMOTIONS founded?
- DS PROMOTIONS was founded on 01-01-1968.
- Is DS PROMOTIONS still active?
- Yes, DS PROMOTIONS is an active enterprise in the KBO register.
- How many employees does DS PROMOTIONS have?
- DS PROMOTIONS had an average of 13.4 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
- What is the turnover of DS PROMOTIONS?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €53,579 and 48 comparable companies (NACE 681). It probably lies between €72,000 and €330,000.
- Is DS PROMOTIONS profitable?
- In financial year 2025, DS PROMOTIONS made a loss of €329,803.
- Where can I find the annual accounts of DS PROMOTIONS?
- DS PROMOTIONS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DS PROMOTIONS due?
- DS PROMOTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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