DS SERVICES
ActiveThe computed 12-month bankruptcy probability of DS SERVICES is 2.1% (moderate). The 2024 annual accounts show equity of €312k and a net result of €123k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 36377 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.99 against 2.04 in 2023), and 28.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.2%
Return on assets
28%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
21 d late
2022
21 d late
2021
43 d late
2020
23 d late
2019
83 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€312k▲ 8.5%
2023 · €288k
2019: €86k
2020: €159k
2021: €202k
2022: €254k
2023: €288k
2019 → 2024
Total assets
€438k▼ 6.0%
2023 · €466k
2019: €125k
2020: €270k
2021: €312k
2022: €433k
2023: €466k
2019 → 2024
Net result
€123k▼ 18.1%
2023 · €150k
2019: €79k
2020: €73k
2021: €43k
2022: €115k
2023: €150k
2019 → 2024
Working capital
€251k▲ 35.6%
2023 · €185k
2019: €73k
2020: €56k
2021: €100k
2022: €151k
2023: €185k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€159k-€202k▲ 26.9%€254k▲ 25.7%€288k▲ 13.1%€312k▲ 8.5%
Operating result€74k-€55k▼ 25.3%€142k▲ 157%€188k▲ 32.4%€154k▼ 18.2%
Net result€73k-€43k▼ 41.7%€115k▲ 170%€150k▲ 29.7%€123k▼ 18.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €438k
Fixed assets
€61k▼ 40.2%
Current assets
€377k▲ 3.7%
Equity and liabilities €438k
Equity
€312k▲ 8.5%
Debt
€126k▼ 29.4%
The debt ratio falls from 38.3% to 28.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€175k▼
2023 · €228k
Cash flow
€144k▼
2023 · €189k
Solvency
71.2%▲
2023 · 61.7%
Current ratio
2.99▲
2023 · 2.04
Quick ratio
2.91▲
2023 · 2.00
Debt / equity
0.40▼
2023 · 0.62
ROE
39.3%▼
2023 · 52.0%
ROA
28.0%▼
2023 · 32.1%
Interest coverage
65.64▼
2023 · 69.89
Debt
€126k▼
2023 · €179k
Debt ≤ 1 year
€126k▼
2023 · €179k
Income taxes
€36k▼
2023 · €44k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€466k€438k▼
Fixed assets21/28€103k€61k▼
Tangible fixed assets22/27€103k€61k▼
Land and buildings22€27k€29k▲
Plant, machinery and equipment23€25k€15k▼
Furniture and vehicles24€40k€8k▼
Other tangible fixed assets26€11k€10k▼
Current assets29/58€363k€377k▲
Amounts receivable after more than one year29€49k€49k=
Other amounts receivable291€49k€49k=
Stocks and contracts in progress3€6k€9k▲
Stocks30/36€6k€9k▲
Amounts receivable within one year40/41€142k€152k▲
Trade receivables40€53k€98k▲
Other amounts receivable41€88k€54k▼
Current investments50/53-€100k
Cash at bank and in hand54/58€165k€56k▼
Deferred charges and accrued income490/1€2k€11k▲
Equity and liabilities
Total equity and liabilities10/49€466k€438k▼
Equity10/15€288k€312k▲
Contributions10/11€19k€19k=
Reserves13€269k€294k▲
Distributable reserves133€269k€294k▲
Amounts payable17/49€179k€126k▼
Amounts payable within one year42/48€179k€126k▼
Current portion of amounts payable after more than one year42€16k-
Trade debts44€30k€22k▼
Suppliers440/4€30k€22k▼
Taxes, remuneration and social security45€34k€6k▼
Taxes450/3€34k€5k▼
Remuneration and social security454/9-€702
Other amounts payable47/48€99k€98k▼
Income statement
Code20232024
Non-recurring operating income76A-€20k
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€21k▼
Other operating charges640/8€822€5k▲
Gross operating margin9900€230k€180k▼
Operating profit (loss)9901€188k€154k▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€193k€158k▼
Income taxes67/77€44k€36k▼
Profit (loss) for the period9904€150k€123k▼
Profit (loss) for the period to be appropriated9905€150k€123k▼
Appropriation of the result
Profit (loss) to be appropriated9906€150k€123k▼
Transfer from equity791/2€116k-
Transfer to equity691/2€150k€25k▼
To the legal reserve6920€150k-
To other reserves6921-€25k
Profit to be distributed694/7€116k€98k▼
Return on contributions (dividend)694€116k€98k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Highest result since 2019net €150k ▲29.7%
Operating result €188k, net result €150k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
31-12
Financial
Weakest financial yearnet €43k ▼41.7%
Net result drops to €43k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €202k ▲26.9%
3 profitable years in a row build equity to €202k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Equity above €150kEq €159k ▲85.5%
2 profitable years in a row build equity to €159k.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-02-2024
Resigned as Manager
Location & real-estate footprint
Registered office, Lessines · 1 establishment unit since 2018
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.
Boureng(DA) 447864 LessinesGround area
1,847 m²
Building footprint
168 m²
Volume, LiDAR
877 m³
Parcel 55007B0228/00C000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DS SERVICES
since 20182.280.642.719
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55007B0228/00C000 | Wallonia | 1,847 m² | 1 · 168 m² | 7.0 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.
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 7,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.