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DS-TECHNICIANS

Active
Private limited companyfounded 20214 yrs activeOudendries 23, 9550 Herzele, BelgiumKBO/BCE: BE 0778.544.269
Summary

The computed 12-month bankruptcy probability of DS-TECHNICIANS is 2.6% (moderate). The 2025 annual accounts show equity of €5,008 and a net result of €12,971. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 198 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability93▼-4
Solvency33▼-42
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 198 sector peers (2025).
NBB · sector comparison
Position among 198 sector peers
Solvency
better than 17%
← 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 29-04-2026, 93 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
93 d early
2024
1 d early
2023
26 d early
2022
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 December 2021, DS-TECHNICIANS was incorporated as a Private limited company.1 Total assets went from EUR 95,581 in 2022 to EUR 66,403 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€5,008▼ 87.7%
2024 · €40,597
Total assets
€66,403▼ 18.9%
2024 · €81,852
Net result
€12,971▼ 29.0%
2024 · €18,279
Working capital
-€31,537
2024 · €20,017
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€10,254-€13,144▲ 28.2%€24,123▲ 83.5%€16,420▼ 31.9%
Net result€7,613within the sector's middle half-€9,705within the sector's middle half▲ 27.5%€18,279within the sector's middle half▲ 88.3%€12,971within the sector's middle half▼ 29.0%
Equity€12,613below the sector's middle half-€22,318within the sector's middle half▲ 76.9%€40,597within the sector's middle half▲ 81.9%€5,008below the sector's middle half▼ 87.7%
Total assets€95,581within the sector's middle half-€80,983within the sector's middle half▼ 15.3%€81,852within the sector's middle half▲ 1.1%€66,403below the sector's middle half▼ 18.9%
Debt€82,968-€58,665▼ 29.3%€41,255▼ 29.7%€61,395▲ 48.8%
Working capital€4,681--€1,570€20,017-€31,537
Solvency13.2%below the sector's middle half-27.6%within the sector's middle half▲ 14.4pp49.6%within the sector's middle half▲ 22.0pp7.5%below the sector's middle half▼ 42.1pp
above within below the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2022: €10,254€10,254Net result 2022: €7,613€7,613Operating result 2023: €13,144€13,144Net result 2023: €9,705€9,705Operating result 2024: €24,123€24,123Net result 2024: €18,279€18,279Operating result 2025: €16,420€16,420Net result 2025: €12,971€12,9712022202320242025€0€10,000€20,000Operating result 2023: €13,144€13,100Net result 2023: €9,705€9,710Operating result 2024: €24,123€24,100Net result 2024: €18,279€18,300Operating result 2025: €16,420€16,400Net result 2025: €12,971€13,000202320242025
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66,403
Fixed assets €42,046 ▲ 7.0%
Current assets €24,357 ▼ 42.8%
Equity and liabilities €66,403
Equity €5,008 ▼ 87.7%
Debt €61,395 ▲ 48.8%
Debt's share of the balance-sheet total rises from 50.4% to 92.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34,459▼
2024 · €40,507
Cash flow
€31,009▼
2024 · €34,664
Current ratio
0.44▼
2024 · 1.89
Debt to equity
12.26▲
2024 · 1.02
ROE
259.0%▲
2024 · 45.0%
ROA
19.5%▼
2024 · 22.3%
Interest coverage
97.71▲
2024 · 82.32
Debt ≤ 1 year
€55,894▲
2024 · €22,545
Debt > 1 year
€5,501▼
2024 · €18,637
Income taxes
€3,682▼
2024 · €5,353
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
2.6% went bankrupt
2.6% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,155 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€81,852€66,403▼
Fixed assets21/28€39,290€42,046▲
Intangible fixed assets21€416€11,520▲
Tangible fixed assets22/27€38,874€30,526▼
Plant, machinery and equipment23€1,888€4,881▲
Furniture and vehicles24€36,986€25,645▼
Current assets29/58€42,562€24,357▼
Amounts receivable within one year40/41€13,614€14,567▲
Trade receivables40€13,614€9,855▼
Other amounts receivable41€0€4,712▲
Cash at bank and in hand54/58€25,819€391▼
Deferred charges and accrued income490/1€3,129€9,399▲
Equity and liabilities
Total equity and liabilities10/49€81,852€66,403▼
Equity10/15€40,597€5,008▼
Contributions10/11€5,000€5,000=
Reserves13€35,597€8▼
Distributable reserves133€35,597€8▼
Profit (loss) carried forward14-€0
Amounts payable17/49€41,255€61,395▲
Amounts payable after more than one year17€18,637€5,501▼
Financial debts170/4€18,637€5,501▼
Amounts payable within one year42/48€22,545€55,894▲
Current portion of amounts payable after more than one year42€13,041€13,136▲
Financial debts43€0€352▲
Credit institutions430/8€0€352▲
Trade debts44€1,180€9,640▲
Suppliers440/4€1,180€9,640▲
Taxes, remuneration and social security45€7,362€4,906▼
Taxes450/3€7,362€4,906▼
Remuneration and social security454/9€0-
Other amounts payable47/48€962€27,860▲
Accrued charges and deferred income492/3€73€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,384€18,038▲
Other operating charges640/8€565€1,546▲
Gross operating margin9900€41,072€36,004▼
Operating profit (loss)9901€24,123€16,420▼
Financial income75/76B€2€586▲
Recurring financial income75€2€586▲
Financial charges65/66B€492€353▼
Recurring financial charges65€492€353▼
Profit (loss) for the period before taxes9903€23,633€16,653▼
Income taxes67/77€5,353€3,682▼
Profit (loss) for the period9904€18,279€12,971▼
Profit (loss) for the period to be appropriated9905€18,279€12,971▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,279€12,971▼
Transfer from equity791/2-€35,597
Transfer to equity691/2€18,279€8▼
To other reserves6921€18,279€8▼
Profit to be distributed694/7-€48,560
Return on contributions (dividend)694-€48,560

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,919€15,425€16,384€18,038▲ 10.1%
Other operating charges640/8€864€982€565€1,546▲ 174%
Gross operating margin9900€23,038€29,551€41,072€36,004▼ 12.3%
Operating profit (loss)9901€10,254€13,144€24,123€16,420▼ 31.9%
Financial income75/76B€0€0€2€586▲ 28,763%
Recurring financial income75€0€0€2€586▲ 28,763%
Financial charges65/66B€530€788€492€353▼ 28.3%
Recurring financial charges65€530€788€492€353▼ 28.3%
Profit (loss) for the period before taxes9903€9,724€12,356€23,633€16,653▼ 29.5%
Income taxes67/77€2,112€2,651€5,353€3,682▼ 31.2%
Profit (loss) for the period9904€7,613€9,705€18,279€12,971▼ 29.0%
Profit (loss) for the period to be appropriated9905€7,613€9,705€18,279€12,971▼ 29.0%
Line2022202320242025Change
Assets
Total assets20/58€95,581€80,983€81,852€66,403▼ 18.9%
Fixed assets21/28€65,481€55,674€39,290€42,046▲ 7.0%
Intangible fixed assets21€816€616€416€11,520▲ 2,666%
Tangible fixed assets22/27€64,664€55,058€38,874€30,526▼ 21.5%
Plant, machinery and equipment23-€2,394€1,888€4,881▲ 159%
Furniture and vehicles24€64,664€52,664€36,986€25,645▼ 30.7%
Current assets29/58€30,100€25,308€42,562€24,357▼ 42.8%
Amounts receivable within one year40/41€22,467€7,685€13,614€14,567▲ 7.0%
Trade receivables40€22,467€6,223€13,614€9,855▼ 27.6%
Other amounts receivable41-€1,463€0€4,712-
Current investments50/53€3,488€4,312---
Cash at bank and in hand54/58€1,693€8,723€25,819€391▼ 98.5%
Deferred charges and accrued income490/1€2,452€4,588€3,129€9,399▲ 200%
Equity and liabilities
Total equity and liabilities10/49€95,581€80,983€81,852€66,403▼ 18.9%
Equity10/15€12,613€22,318€40,597€5,008▼ 87.7%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€7,613€17,318€35,597€8▼ 100.0%
Distributable reserves133€7,613€17,318€35,597€8▼ 100.0%
Profit (loss) carried forward14---€0-
Amounts payable17/49€82,968€58,665€41,255€61,395▲ 48.8%
Amounts payable after more than one year17€57,549€31,678€18,637€5,501▼ 70.5%
Financial debts170/4€57,549€31,678€18,637€5,501▼ 70.5%
Amounts payable within one year42/48€25,420€26,878€22,545€55,894▲ 148%
Current portion of amounts payable after more than one year42€12,855€19,445€13,041€13,136▲ 0.7%
Financial debts43€70€84€0€352-
Credit institutions430/8€70€84€0€352-
Trade debts44€1,299€253€1,180€9,640▲ 717%
Suppliers440/4€1,299€253€1,180€9,640▲ 717%
Taxes, remuneration and social security45€9,221€7,095€7,362€4,906▼ 33.4%
Taxes450/3€7,221€5,295€7,362€4,906▼ 33.4%
Remuneration and social security454/9€2,000€1,800€0--
Other amounts payable47/48€1,974€0€962€27,860▲ 2,796%
Accrued charges and deferred income492/3-€109€73€0▼ 100%
Line2022202320242025Change
Profit (loss) for the period9904€7,613€9,705€18,279€12,971▼ 29.0%
+ Depreciation and write-downs630€11,919€15,425€16,384€18,038▲ 10.1%
Operating cash flow (approximation)€19,532€25,131€34,664€31,009▼ 10.5%
Investment in fixed assets (approximation)--€5,619€0-€20,795-
Change in cash-€7,030€17,096-€25,428▼ 249%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2022net €18,279 ▲88.3%
Operating result €24,123, net result €18,279, both a record.
31-12
Financial Liquidity doublescurrent ratio 1.89
Current ratio from 0.94 to 1.89; short-term debt falls from €26,878 to €22,545.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Herzele · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
654 m²
Building footprint
174 m²
Volume, LiDAR
1,072 m³
Parcel 41027A0579/00X000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
DS-TECHNICIANS
Oudendries 23, 9550 HerzeleManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20222.325.296.371
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41027A0579/00X000 Flanders 654 m² 1 · 174 m² 10.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 158 EUR awarded · 158 EUR paid
Year Entries awardedpaid
2024 1 158 EUR158 EUR
Schemes
1 entry · 158 EUR · 158 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 117 companies in sector 27510 we hold annual accounts for 88. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
27510Manufacture of electrical equipment
28250Manufacture of machinery and equipment not elsewhere classified
33110Repair and maintenance of fabricated metal products
33200Installation of industrial machinery and equipment
42220Construction of utility projects for electricity and telecommunications
46140Agents in the wholesale of industrial machinery, ships and aircraft
E-invoicing
Reachable via Peppol
Peppol ID 0208:0778544269
Also 9925:BE0778544269
Registered 13-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.