DS Real Estate
ActiveSummary
The computed 12-month bankruptcy probability of DS Real Estate is 2.8% (moderate). The 2025 annual accounts show equity of €12k and a net result of €-4k. Its solvency ranks better than 16% of 2179 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+33
Solvency31▼-69
Growth32
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.07; short-term debt: 93.2% and cash: 1.1% of total assets), and 94.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.8%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2179 sector peers (2025).
NBB · sector comparisonPosition among 2179 sector peers
Solvency
better than 16%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€12k▼ 24.0%
2024 · €16k
2024: €16k
2024 → 2025
Total assets
€214k▲ 1,201%
2024 · €16k
2024: €16k
2024 → 2025
Net result
€-4k▼ 9.7%
2024 · €-4k
2024: €-4k
2024 → 2025
Working capital
€15k▼ 11.6%
2024 · €16k
2024: €16k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€16k-€12k▼ 24.0%
Operating result€-4k-€-1k▲ 60.7%
Net result€-4k-€-4k▼ 9.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €214k
Equity
€12k ▼ 24.0%
Debt
€202k ▲ 370,329%
Debt's share of the balance-sheet total rises from 0.3% to 94.2%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.07
Quick ratio
0.01
Debt to equity
16.19▲
2024 · 0.00
ROE
-31.7%▼
2024 · -21.9%
ROA
-1.8%▲
2024 · -21.8%
Debt ≤ 1 year
€200k▲
2024 · €54
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16k€214k▲
Current assets29/58€16k€214k▲
Stocks and contracts in progress3-€212k
Stocks30/36-€212k
Cash at bank and in hand54/58€16k€2k▼
Equity and liabilities
Total equity and liabilities10/49€16k€214k▲
Equity10/15€16k€12k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-4k€-8k▼
Amounts payable17/49€54€202k▲
Amounts payable within one year42/48€54€200k▲
Financial debts43-€11k
Credit institutions430/8-€11k
Trade debts44€54€1k▲
Suppliers440/4€54€1k▲
Other amounts payable47/48-€188k
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Other operating charges640/8€1k€528▼
Gross operating margin9900€-2k€-852▲
Operating profit (loss)9901€-4k€-1k▲
Financial charges65/66B€89€3k▲
Recurring financial charges65€89€3k▲
Profit (loss) for the period before taxes9903€-4k€-4k▼
Profit (loss) for the period9904€-4k€-4k▼
Profit (loss) for the period to be appropriated9905€-4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-8k▼
Profit (loss) brought forward from the previous period14P-€-4k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
NBB filing
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, Knokke-Heist
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.
Natiënlaan 2018300 Knokke-HeistGround area
691 m²
Building footprint
283 m²
Volume, LiDAR
1,316 m³
Parcel 31039A0202/03K000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039A0202/03K000 | Flanders | 691 m² | 1 · 283 m² | 7.9 m · 2 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
ALIMANO
BE 1004.390.161
Herselt · Eq €12,457
CRAFTMAN
BE 1014.475.983
Herstal · Eq €12,464
MAMIGE
BE 0799.546.452
Berlaar · Eq €12,467
A & Co Projects
BE 0761.747.928
Herzele · Eq €12,451
Prestige Construction
BE 0736.716.582
Andenne · Eq €12,449
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 10,067 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.