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DS WINDOW

Active
Private limited companyfounded 2023active for 3 yearsRue du Roy,Limerlé 69, 6670 Gouvy, BelgiumKBO/BCE: BE 0802.574.634
Summary

The computed 12-month bankruptcy probability of DS WINDOW is 3.0% (moderate). The 2025 annual accounts show equity of €91,647 and a net result of €49,828. Its solvency ranks better than 32% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (131 days) Filed on 8 September 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00507655.

Equity
€91,647▲ 111%
2024 · €43,419
Total assets
€299,513▲ 213%
2024 · €95,781
Net result
€49,828▲ 42.0%
2024 · €35,085
Working capital
€89,699▲ 107%
2024 · €43,365
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 71% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€75,260 2025 Net result€49,828 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€43,890-€75,260▲ 71.5%
Net result€35,085above the sector's middle half-€49,828above the sector's middle half▲ 42.0%
Equity€43,419within the sector's middle half-€91,647within the sector's middle half▲ 111%
Total assets€95,781within the sector's middle half-€299,513within the sector's middle half▲ 213%
Debt€52,362-€207,866▲ 297%
Working capital€43,365within the sector's middle half-€89,699within the sector's middle half▲ 107%
Solvency45.3%within the sector's middle half-30.6%within the sector's middle half▼ 14.7pp
Current ratio1.85within the sector's middle half-4.99above the sector's middle half▲ 3.14
Return on assets (ROA)36.6%above the sector's middle half-16.6%within the sector's middle half▼ 20.0pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €299,513
Fixed assets €187,325 ▲ 118×
Current assets €112,188 ▲ 19.1%
Equity and liabilities €299,513
Equity €91,647 ▲ 111%
Debt €207,866 ▲ 297%
Debt's share of the balance-sheet total rises from 54.7% to 69.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€79,517▲
2024 · €44,324
Cash flow
€54,085▲
2024 · €35,518
Quick ratio
3.23▲
2024 · 1.83
Debt to equity
2.27▲
2024 · 1.21
ROE
54.4%▼
2024 · 80.8%
Interest coverage
9.59▼
2024 · over 100
Debt ≤ 1 year
€22,489▼
2024 · €50,835
Debt > 1 year
€184,799
Income taxes
€17,548▲
2024 · €8,668
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€95,781€299,513▲
Fixed assets21/28€1,581€187,325▲
Tangible fixed assets22/27€1,581€187,325▲
Land and buildings22-€186,408
Furniture and vehicles24€1,581€916▼
Financial fixed assets28-€0
Current assets29/58€94,200€112,188▲
Amounts receivable after more than one year29-€0
Stocks and contracts in progress3€927€39,482▲
Stocks30/36€927€39,482▲
Amounts receivable within one year40/41€77,958€42,573▼
Trade receivables40€77,958€40,567▼
Other amounts receivable41-€2,005
Current investments50/53-€0
Cash at bank and in hand54/58€15,315€30,133▲
Equity and liabilities
Total equity and liabilities10/49€95,781€299,513▲
Equity10/15€43,419€91,647▲
Contributions10/11€10,000€10,000=
Reserves13-€40,000
Non-distributable reserves130/1-€0
Distributable reserves133-€40,000
Profit (loss) carried forward14€33,419€41,647▲
Provisions and deferred taxes16-€0
Provisions for liabilities and charges160/5-€0
Amounts payable17/49€52,362€207,866▲
Amounts payable after more than one year17-€184,799
Financial debts170/4-€184,799
Amounts payable within one year42/48€50,835€22,489▼
Current portion of amounts payable after more than one year42-€0
Financial debts43-€0
Trade debts44€30,246€206▼
Suppliers440/4€30,246€206▼
Taxes, remuneration and social security45€16,943€17,265▲
Taxes450/3€16,943€16,005▼
Remuneration and social security454/9-€1,260
Other amounts payable47/48€3,645€5,018▲
Accrued charges and deferred income492/3€1,527€577▼
Income statement Code20242025
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€434€4,257▲
Other operating charges640/8€764€27,432▲
Non-recurring operating charges66A-€0
Gross operating margin9900€45,088€106,949▲
Operating profit (loss)9901€43,890€75,260▲
Financial income75/76B€26€410▲
Recurring financial income75€26€410▲
Non-recurring financial income76B-€0
Financial charges65/66B€163€8,294▲
Recurring financial charges65€163€8,294▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903€43,753€67,376▲
Income taxes67/77€8,668€17,548▲
Profit (loss) for the period9904€35,085€49,828▲
Profit (loss) for the period to be appropriated9905€35,085€49,828▲
Appropriation of the result
Profit (loss) to be appropriated9906€35,085€83,247▲
Profit (loss) brought forward from the previous period14P-€33,419
Transfer from equity791/2-€0
Transfer to equity691/2-€40,000
To other reserves6921-€40,000
Profit to be distributed694/7€1,666€1,600▼
Return on contributions (dividend)694€1,666€1,600▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Non-recurring operating income76A-€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€434€4,257▲ 882%
Other operating charges640/8€764€27,432▲ 36×
Non-recurring operating charges66A-€0-
Gross operating margin9900€45,088€106,949▲ 137%
Operating profit (loss)9901€43,890€75,260▲ 71.5%
Financial income75/76B€26€410▲ 16×
Recurring financial income75€26€410▲ 16×
Non-recurring financial income76B-€0-
Financial charges65/66B€163€8,294▲ 51×
Recurring financial charges65€163€8,294▲ 51×
Non-recurring financial charges66B-€0-
Profit (loss) for the period before taxes9903€43,753€67,376▲ 54.0%
Income taxes67/77€8,668€17,548▲ 102%
Profit (loss) for the period9904€35,085€49,828▲ 42.0%
Profit (loss) for the period to be appropriated9905€35,085€49,828▲ 42.0%
Line20242025Change
Assets
Total assets20/58€95,781€299,513▲ 213%
Fixed assets21/28€1,581€187,325▲ 118×
Tangible fixed assets22/27€1,581€187,325▲ 118×
Land and buildings22-€186,408-
Furniture and vehicles24€1,581€916▼ 42.0%
Financial fixed assets28-€0-
Current assets29/58€94,200€112,188▲ 19.1%
Amounts receivable after more than one year29-€0-
Stocks and contracts in progress3€927€39,482▲ 43×
Stocks30/36€927€39,482▲ 43×
Amounts receivable within one year40/41€77,958€42,573▼ 45.4%
Trade receivables40€77,958€40,567▼ 48.0%
Other amounts receivable41-€2,005-
Current investments50/53-€0-
Cash at bank and in hand54/58€15,315€30,133▲ 96.8%
Equity and liabilities
Total equity and liabilities10/49€95,781€299,513▲ 213%
Equity10/15€43,419€91,647▲ 111%
Contributions10/11€10,000€10,000=
Reserves13-€40,000-
Non-distributable reserves130/1-€0-
Distributable reserves133-€40,000-
Profit (loss) carried forward14€33,419€41,647▲ 24.6%
Provisions and deferred taxes16-€0-
Provisions for liabilities and charges160/5-€0-
Amounts payable17/49€52,362€207,866▲ 297%
Amounts payable after more than one year17-€184,799-
Financial debts170/4-€184,799-
Amounts payable within one year42/48€50,835€22,489▼ 55.8%
Current portion of amounts payable after more than one year42-€0-
Financial debts43-€0-
Trade debts44€30,246€206▼ 99.3%
Suppliers440/4€30,246€206▼ 99.3%
Taxes, remuneration and social security45€16,943€17,265▲ 1.9%
Taxes450/3€16,943€16,005▼ 5.5%
Remuneration and social security454/9-€1,260-
Other amounts payable47/48€3,645€5,018▲ 37.6%
Accrued charges and deferred income492/3€1,527€577▼ 62.2%
Line20242025Change
Profit (loss) for the period9904€35,085€49,828▲ 42.0%
+ Depreciation and write-downs630€434€4,257▲ 882%
Operating cash flow (approximation)€35,518€54,085▲ 52.3%
Investment in fixed assets (approximation)--€190,000-
Change in cash-€14,818-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-09-2025 micro format 08-09-2026 2026-00507655
30-09-2024 micro format 30-04-2025 2025-00081601

Similar companies · same sector, comparable size

Of the 19,855 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,221. 7,759 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.