DS TECHNICS
ActiveThe computed 12-month bankruptcy probability of DS TECHNICS is 2.1% (moderate). The 2024 annual accounts show equity of €208k and a net result of €17k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 36378 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
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-5
Solvency80▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 1.51 in 2023; short-term debt: 26.4% and cash: 33.1% of total assets), and 44.8% of the assets are financed with debt.
Credit advice for your own amount and term
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 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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
21 d late
2023
14 d late
2022
31 d early
2021
6 d early
2020
45 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€208k▲ 9.0%
2023 · €191k
2019: €131k
2020: €146k
2021: €123k
2022: €186k
2023: €191k
2019 → 2024
Total assets
€377k▼ 19.2%
2023 · €467k
2019: €276k
2020: €342k
2021: €248k
2022: €326k
2023: €467k
2019 → 2024
Net result
€17k▲ 221%
2023 · €5k
2019: €113k
2020: €15k
2021: €-13k
2022: €63k
2023: €5k
2019 → 2024
Working capital
€182k▲ 54.7%
2023 · €118k
2019: €93k
2020: €80k
2021: €64k
2022: €118k
2023: €118k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€146k-€123k▼ 16.0%€186k▲ 51.6%€191k▲ 2.9%€208k▲ 9.0%
Operating result€20k-€-9k€90k€12k▼ 86.5%€32k▲ 162%
Net result€15k-€-13k€63k€5k▼ 91.6%€17k▲ 221%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 162% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €377k
Fixed assets
€95k▼ 19.2%
Current assets
€282k▼ 19.3%
Equity and liabilities €377k
Equity
€208k▲ 9.0%
Debt
€169k▼ 38.8%
The debt ratio falls from 59.1% to 44.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▲
2023 · €30k
Cash flow
€35k▲
2023 · €23k
Solvency
55.2%▲
2023 · 40.9%
Current ratio
2.83▲
2023 · 1.51
Quick ratio
2.56▲
2023 · 1.40
Debt / equity
0.81▼
2023 · 1.44
ROE
8.2%▲
2023 · 2.8%
ROA
4.5%▲
2023 · 1.1%
Interest coverage
4.65▼
2023 · 5.74
Debt
€169k▼
2023 · €276k
Debt ≤ 1 year
€100k▼
2023 · €232k
Debt > 1 year
€39k▼
2023 · €43k
Income taxes
€5k▲
2023 · €2k
Staff costs
€51k▲
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€467k€377k▼
Fixed assets21/28€118k€95k▼
Tangible fixed assets22/27€110k€95k▼
Land and buildings22€80k€72k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€24k€17k▼
Financial fixed assets28€8k€250▼
Current assets29/58€349k€282k▼
Stocks and contracts in progress3€25k€26k▲
Stocks30/36€25k€26k▲
Amounts receivable within one year40/41€171k€120k▼
Trade receivables40€118k€86k▼
Other amounts receivable41€53k€34k▼
Cash at bank and in hand54/58€146k€125k▼
Deferred charges and accrued income490/1€7k€11k▲
Equity and liabilities
Total equity and liabilities10/49€467k€377k▼
Equity10/15€191k€208k▲
Contributions10/11€9k€9k=
Reserves13€183k€200k▲
Distributable reserves133€183k€200k▲
Amounts payable17/49€276k€169k▼
Amounts payable after more than one year17€43k€39k▼
Financial debts170/4€43k€39k▼
Amounts payable within one year42/48€232k€100k▼
Current portion of amounts payable after more than one year42€14k€4k▼
Trade debts44€185k€90k▼
Suppliers440/4€185k€90k▼
Taxes, remuneration and social security45€25k€5k▼
Taxes450/3€20k€287▼
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48€7k€0▼
Accrued charges and deferred income492/3€2k€31k▲
Income statement
Code20232024
Remuneration, social security and pensions62€44k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k€0▲
Other operating charges640/8€5k€38k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€80k€139k▲
Operating profit (loss)9901€12k€32k▲
Financial income75/76B€150€821▲
Recurring financial income75€150€821▲
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€7k€22k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€5k€17k▲
Profit (loss) for the period to be appropriated9905€5k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€17k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€5k€17k▲
To other reserves6921€5k€17k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Equity above €200kEq €208k ▲9%
3 profitable years in a row build equity to €208k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €63k
Net result €63k after one loss-making year.
31-12
Financial
Equity above €150kEq €186k ▲51.6%
Equity rises from €123k to €186k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-13k ▼191%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Nieuwerkerken (Limb.) · 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.
Tegelrijstraat 1783850 Nieuwerkerken (Limb.)Ground area
728 m²
Building footprint
117 m²
Parcel 71045A0408/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
DS TECHNICS
since 20182.280.163.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71045A0408/00G000 | Flanders | 728 m² | 1 · 117 m² | - |
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.
Recognitions · licences · registrations
Dual-learning approval
5 endedSimilar companies · same sector, comparable size
SIEBO-CONSTRUCT
BE 0455.477.554
Wuustwezel · Eq €208k
VALIMARCOS
BE 0842.983.250
Sint-Genesius-Rode · Eq €208k
JPL CONSTRUCTIONS
BE 0460.443.162
Bassenge · Eq €208k
ECO CONSTRUCT ILIE
BE 0753.407.413
Sint-Gillis (bij-Brussel) · Eq €209k
NOVAN
BE 0452.816.586
Bilzen-Hoeselt · Eq €209k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,421. 5,798 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2018
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.