DSA
ActiveSummary
DSA has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €179,704 and a net result of €5,085. Equity has been growing by about 6.4% per year since 2019. Its solvency ranks better than 75% of 1,899 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-12-1993 Normal situation
- Activity
- Manufacture of food products NACE 10890
- Establishment unit
- 2.069.147.085 9860 Oosterzele, since 24-11-1994
- Financial year end
- 31 July
- Peppol
- Reachable since 19-11-2025
Board and ownership
Board
- Liliane BatjoensChair
- Ann De SpiegeleerManaging director
- Geert De SpiegeleerDirector · since 11-12-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 31-07-2025
- Gross margin
- €20,718
- ▼ 36.1%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €5,085
- ▼ 60.7%
- Equity
- €179,704
- ▲ 2.9%
- Total assets
- €301,530
- ▼ 4.4%
Filed on 23-12-2025, 67 days before the deadline
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 1.37, cash €134,097Founded in 1993Equity €179,704 (59.6% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency
85+5
equity 59.6% of total assets
Liquidity
81+3
short-term debt 40.4% · cash 44.5%
Profitability
55-19
return on assets 1.7%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025highest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.23 in 2024), below the usual 1.5. Short-term debt is 40.4% and cash 44.5% of total assets. 40.4% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 74% of them on solvency, 85% on liquidity, 33% on profitability and 45% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 23-12-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 days early
2024
on the day
2023
119 days early
2022
109 days early
2021
87 days early
2020
151 days early
2019
103 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 91 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 3 December (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-07-2026 year end02-11-2026 today28-02-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-12-2025 PDF all 30 filings
Turnover
≈ €160,000
Estimated: probably between €73,000 and €380,000
Total assets
€301,530▼ 4.4%
2024 · €315,496
Net result
€5,085▼ 60.7%
2024 · €12,950
Working capital
€44,515▲ 37.2%
2024 · €32,456
In the rankings
#8 oldest company in Oosterzele, Manufacturing sector
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 58% lower than in 2024 and the lowest since 2021.
Operating result€8,508
2025
Net result€5,085
2025
Total assets€301,530
2025
Equity€179,704
2025
Debt€121,827
2025
Working capital€44,515
2025
Return on assets (ROA)1.7%
2025
Solvency59.6%
2025
Current ratio1.37
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€14,825-€11,434▼ 22.9%€20,456▲ 78.9%€21,964▲ 7.4%€13,137▼ 40.2%€20,205▲ 53.8%€8,508▼ 57.9%
Net result€7,948-€4,828within the sector's middle half▼ 39.3%€11,920within the sector's middle half▲ 147%€12,293within the sector's middle half▲ 3.1%€5,723below the sector's middle half▼ 53.4%€12,950within the sector's middle half▲ 126%€5,085within the sector's middle half▼ 60.7%
Equity€126,905-€131,733within the sector's middle half▲ 3.8%€143,653within the sector's middle half▲ 9.0%€155,946above the sector's middle half▲ 8.6%€161,669within the sector's middle half▲ 3.7%€174,618above the sector's middle half▲ 8.0%€179,704above the sector's middle half▲ 2.9%
Total assets€252,805-€253,959below the sector's middle half▲ 0.5%€269,605below the sector's middle half▲ 6.2%€278,912within the sector's middle half▲ 3.5%€282,754below the sector's middle half▲ 1.4%€315,496within the sector's middle half▲ 11.6%€301,530within the sector's middle half▼ 4.4%
Debt€125,900-€122,226▼ 2.9%€125,952▲ 3.0%€122,966▼ 2.4%€121,086▼ 1.5%€140,877▲ 16.3%€121,827▼ 13.5%
Working capital€80,946-€88,806within the sector's middle half▲ 9.7%€112,918within the sector's middle half▲ 27.2%€135,086above the sector's middle half▲ 19.6%€152,223within the sector's middle half▲ 12.7%€32,456within the sector's middle half▼ 78.7%€44,515within the sector's middle half▲ 37.2%
Solvency50.2%-51.9%within the sector's middle half▲ 1.7pp53.3%within the sector's middle half▲ 1.4pp55.9%above the sector's middle half▲ 2.6pp57.2%within the sector's middle half▲ 1.3pp55.3%within the sector's middle half▼ 1.8pp59.6%above the sector's middle half▲ 4.2pp
Current ratio11.46-22.83above the sector's middle half▲ 11.3815.49above the sector's middle half▼ 7.3429.10above the sector's middle half▲ 13.6153.00above the sector's middle half▲ 23.901.23within the sector's middle half▼ 51.771.37within the sector's middle half▲ 0.14
Return on assets (ROA)3.1%-1.9%within the sector's middle half▼ 1.2pp4.4%within the sector's middle half▲ 2.5pp4.4%within the sector's middle half=2.0%within the sector's middle half▼ 2.4pp4.1%within the sector's middle half▲ 2.1pp1.7%within the sector's middle half▼ 2.4pp
above
within
below
The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301,530
Fixed assets
€135,188 ▼ 4.9%
Current assets
€166,342 ▼ 4.0%
Equity and liabilities €301,530
Equity
€179,704 ▲ 2.9%
Debt
€121,827 ▼ 13.5%
Debt's share of the balance-sheet total falls from 44.7% to 40.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18,580▼
2024 · €29,901
Cash flow
€15,158▼
2024 · €22,645
Quick ratio
1.20▲
2024 · 1.07
Debt to equity
0.68▼
2024 · 0.81
ROE
2.8%▼
2024 · 7.4%
Interest coverage
4.09▼
2024 · 6.58
Debt ≤ 1 year
€121,827▼
2024 · €140,877
Income taxes
€1,545▼
2024 · €1,784
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-07-2022 | 31-07-2023 | 31-07-2024 | 31-07-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €4,450 | €991 | €24,253 | €3,099 |
| Depreciation and write-downs of the year | €14,325 | €12,405 | €9,695 | €10,072 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as DSA: manufacture of food products (NACE 10890). They are comparable in size and age: total assets between €131,000 and €562,000, founded between 1989 and 1999.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| DSA Oosterzele | 1993 | €301,530 | €179,704 | €20,718 | €5,085 | 2025 |
| Centre de Soin et de Thérapie Rouvroy | 1999 | €247,938 | €115,443 | €12,167 | €4,929 | 2025 |
| SAFINIMMO Elsene | 1989 | €177,174 | €158,883 | €36,681 | -€5,362 | 2025 |
| COOPERATIVE DU LOZET Celles (lez-Tournai) | 1995 | €523,119 | €487,717 | €46,879 | €23,725 | 2025 |
| SAVAT Zottegem | 1993 | €288,415 | €205,319 | €58,587 | -€11,662 | 2025 |
| VERNIMMEN - DE LELIE Hamme (Vl.) | 1993 | €561,987 | €52,150 | €70,546 | €21,329 | 2025 |
| KISHA Tremelo | 1996 | €131,455 | €45,295 | €38,623 | €20,696 | 2025 |
They were chosen from the 235 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 17,041 companies had the same profile as DSA has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.4%
was still going
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DSA itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for DSA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,011 | €13,374 | €13,471 | €14,325 | €12,405 | €9,695 | €10,072 | ▲ 3.9% |
| Other operating charges640/8 | - | - | - | €1,537 | €1,689 | €2,515 | €2,138 | ▼ 15.0% |
| Gross operating margin9900 | €24,606 | €25,801 | €35,516 | €37,826 | €27,232 | €32,415 | €20,718 | ▼ 36.1% |
| Operating profit (loss)9901 | €14,825 | €11,434 | €20,456 | €21,964 | €13,137 | €20,205 | €8,508 | ▼ 57.9% |
| Financial income75/76B | - | - | - | €73 | €161 | €392 | €2,874 | ▲ 633% |
| Recurring financial income75 | €1,146 | €111 | €78 | €73 | €161 | €392 | €2,874 | ▲ 633% |
| Non-recurring financial income76B | - | - | - | - | - | €392 | - | - |
| Financial charges65/66B | - | - | - | €6,292 | €5,098 | €5,863 | €4,752 | ▼ 19.0% |
| Recurring financial charges65 | €5,791 | €5,534 | €5,252 | €6,292 | €5,098 | €4,543 | €4,543 | = |
| Non-recurring financial charges66B | - | - | - | - | - | €1,320 | €209 | ▼ 84.2% |
| Profit (loss) for the period before taxes9903 | €10,181 | €6,011 | €15,282 | €15,745 | €8,201 | €14,734 | €6,630 | ▼ 55.0% |
| Income taxes67/77 | €2,233 | €1,183 | €3,362 | €3,452 | €2,478 | €1,784 | €1,545 | ▼ 13.4% |
| Profit (loss) for the period9904 | €7,948 | €4,828 | €11,920 | €12,293 | €5,723 | €12,950 | €5,085 | ▼ 60.7% |
| Profit (loss) for the period to be appropriated9905 | €7,948 | €4,828 | €11,920 | €12,293 | €5,723 | €12,950 | €5,085 | ▼ 60.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €252,805 | €253,959 | €269,605 | €278,912 | €282,754 | €315,496 | €301,530 | ▼ 4.4% |
| Fixed assets21/28 | €164,117 | €161,085 | €148,893 | €139,018 | €127,604 | €142,162 | €135,188 | ▼ 4.9% |
| Tangible fixed assets22/27 | €164,099 | €161,066 | €148,875 | €139,000 | €127,585 | €142,144 | €135,170 | ▼ 4.9% |
| Land and buildings22 | - | - | - | €128,209 | €122,187 | €138,240 | €130,007 | ▼ 6.0% |
| Plant, machinery and equipment23 | - | - | - | €8,047 | €3,670 | €2,108 | €4,148 | ▲ 96.7% |
| Furniture and vehicles24 | - | - | - | €2,743 | €1,729 | €1,795 | €1,014 | ▼ 43.5% |
| Financial fixed assets28 | €19 | €19 | €19 | €19 | €19 | €19 | €19 | = |
| Current assets29/58 | €88,687 | €92,874 | €120,711 | €139,893 | €155,151 | €173,334 | €166,342 | ▼ 4.0% |
| Stocks and contracts in progress3 | €18,197 | €16,909 | €16,744 | €15,944 | €21,019 | €23,034 | €20,111 | ▼ 12.7% |
| Stocks30/36 | - | - | - | €15,944 | €21,019 | €23,034 | €20,111 | ▼ 12.7% |
| Amounts receivable within one year40/41 | €6,092 | €11,590 | €11,276 | €12,376 | €15,060 | €3,567 | €9,015 | ▲ 153% |
| Trade receivables40 | - | - | - | €733 | €909 | €3,508 | €2,320 | ▼ 33.9% |
| Other amounts receivable41 | - | - | - | €11,644 | €14,151 | €59 | €6,695 | ▲ 114× |
| Cash at bank and in hand54/58 | €64,399 | €61,205 | €92,692 | €111,573 | €119,071 | €145,265 | €134,097 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €1,469 | €3,119 | ▲ 112% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €252,805 | €253,959 | €269,605 | €278,912 | €282,754 | €315,496 | €301,530 | ▼ 4.4% |
| Equity10/15 | €126,905 | €131,733 | €143,653 | €155,946 | €161,669 | €174,618 | €179,704 | ▲ 2.9% |
| Contributions10/11 | €93,000 | €93,000 | €93,000 | €93,000 | €93,000 | €93,000 | €93,000 | = |
| Capital10 | - | - | - | €93,000 | €93,000 | €93,000 | €93,000 | = |
| Issued capital100 | - | - | - | €93,000 | €93,000 | €93,000 | €93,000 | = |
| Reserves13 | €10,241 | €10,241 | €10,241 | €10,241 | €10,241 | €10,241 | €84,300 | ▲ 723% |
| Non-distributable reserves130/1 | - | - | - | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Legal reserve130 | - | - | - | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Distributable reserves133 | - | - | - | €941 | €941 | €941 | €75,000 | ▲ 80× |
| Profit (loss) carried forward14 | €23,664 | €28,492 | €40,412 | €52,705 | €58,428 | €71,378 | €2,404 | ▼ 96.6% |
| Amounts payable17/49 | €125,900 | €122,226 | €125,952 | €122,966 | €121,086 | €140,877 | €121,827 | ▼ 13.5% |
| Amounts payable after more than one year17 | €118,158 | €118,158 | €118,158 | €118,158 | €118,158 | - | - | - |
| Other amounts payable178/9 | - | - | - | €118,158 | €118,158 | - | - | - |
| Amounts payable within one year42/48 | €7,742 | €4,068 | €7,793 | €4,807 | €2,927 | €140,877 | €121,827 | ▼ 13.5% |
| Trade debts44 | €2,175 | €2,083 | €958 | €669 | €1,602 | €19,508 | €2,406 | ▼ 87.7% |
| Suppliers440/4 | - | - | - | €669 | €1,602 | €19,508 | €2,406 | ▼ 87.7% |
| Taxes, remuneration and social security45 | - | - | - | €3,816 | €1,325 | €3,188 | €1,426 | ▼ 55.3% |
| Taxes450/3 | - | - | - | €2,231 | €1,325 | €1,363 | €1,426 | ▲ 4.7% |
| Remuneration and social security454/9 | - | - | - | €1,585 | - | €1,826 | - | - |
| Other amounts payable47/48 | - | - | - | €322 | - | €118,180 | €117,994 | ▼ 0.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,948 | €4,828 | €11,920 | €12,293 | €5,723 | €12,950 | €5,085 | ▼ 60.7% |
| + Depreciation and write-downs630 | €9,011 | €13,374 | €13,471 | €14,325 | €12,405 | €9,695 | €10,072 | ▲ 3.9% |
| Operating cash flow (approximation) | €16,959 | €18,202 | €25,392 | €26,618 | €18,128 | €22,645 | €15,158 | ▼ 33.1% |
| Investment in fixed assets (approximation) | - | -€10,341 | -€1,280 | -€4,450 | -€991 | -€24,253 | -€3,099 | ▲ 87.2% |
| Change in cash | - | -€3,194 | €31,487 | €18,882 | €7,498 | €26,193 | -€11,167 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-07-2025 | micro format | 23-12-2025 | 2025-00591760 | |
| 31-07-2024 | micro format | 28-02-2025 | 2025-00041434 | |
| 31-07-2023 | abbreviated format | 02-11-2023 | 2023-00503238 | |
| 31-07-2022 | micro format | 11-11-2022 | 2022-20518778 | |
| 31-07-2021 | abbreviated format | 03-12-2021 | 2021-79300119 | |
| 31-07-2020 | abbreviated format | 30-09-2020 | 2020-57100292 | |
| 31-07-2019 | abbreviated format | 18-11-2019 | 2019-73800232 | |
| 31-07-2018 | abbreviated format | 15-11-2018 | 2018-72200065 | |
| 31-07-2017 | abbreviated format | 02-11-2017 | 2017-69200116 | |
| 31-07-2015 | abbreviated format | 01-12-2015 | 2015-68000207 |
Board & ownership
Directors
Directors
5 directors, 1 in day-to-day management, last change in 2026
Board 5
Liliane Batjoens
Current
Chair of the board · appointed in the act of 20-12-2023 · Director (not named in the articles) · since 11-12-2023 · earlier director, until 20-12-2023 · listed in the 2025 annual accounts, filed on 23-12-2025
Ann De Spiegeleer
Current
Director (not named in the articles) · since 11-12-2023 · earlier director, until 20-12-2023 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 23-12-2025
Geert De Spiegeleer
Current
Director (not named in the articles) · since 11-12-2023 · earlier director, until 20-12-2023 · 6-year term from 2023 · listed in the 2025 annual accounts, filed on 23-12-2025
DE SPIEGELEER Kristof
Current
Additional director · appointed in the act of 09-01-2026 · 6-year term from 2026
VAN DER CRUYSSEN Jan
Current
Additional director · appointed in the act of 09-01-2026 · 6-year term from 2026
Day-to-day management 1
Ann De Spiegeleer
Current
Managing director · in office according to the act of 20-12-2023 · 6-year term from 2023
Owners and capital
Capital transactions
Capital over time
- 20-12-2023 Capital stated in the deed · €93,000 · 2,500 shares
Mandate history
5 people, 5 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Ann De Spiegeleer |
|
| Geert De Spiegeleer |
|
| Liliane Batjoens |
|
| DE SPIEGELEER Kristof |
|
| VAN DER CRUYSSEN Jan |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Raad van bestuur, wanneer plaats openvalt vóór einde mandaat,heeft enkel algemene vergadering recht nieuwe bestuurder te benoemen”
Articles of association, deed of 20-12-2023 (in Dutch)
Network & group
DSA shares no director with another company.
Connections & network
5 current directorsThe network starts from the directors of DSA. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
09-01
Gazette deed
Appointments: DE SPIEGELEER Kristof (additional director) and VAN DER CRUYSSEN Jan (additional director)3 points ▸
Gazette deed
Appointments: DE SPIEGELEER Kristof (additional director) and VAN DER CRUYSSEN Jan (additional director)
3 points ▸
- General meeting, “maatschappelijke zetel” (deed in Dutch)
- Director appointment, DE SPIEGELEER Kristof (additional director)
- Director appointment, VAN DER CRUYSSEN Jan (additional director)
2025
2024
31-07
Financial
Highest result from 2019 to 2025net €12,950 ▲126%
The net result of €12,950 is the highest of those years.
2023
20-12
Gazette deed
Change of role: Liliane Batjoens, from director to chair of the boardResignations: Geert De Spiegeleer (director) and Ann De Spiegeleer (director) · Reappointments: Geert De Spiegeleer, Liliane Batjoens and Ann De Spiegeleer · Amendment of the articles18 points ▸
Gazette deed
Change of role: Liliane Batjoens, from director to chair of the board
Resignations: Geert De Spiegeleer (director) and Ann De Spiegeleer (director) · Reappointments: Geert De Spiegeleer, Liliane Batjoens and Ann De Spiegeleer · Amendment of the articles18 points ▸
- General meeting, 11-12-2023
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, aanpassen” (deed in Dutch)
- Amendment of the articles
- Capital, €93,000
- Director resignation, Geert De Spiegeleer (director)
- Director resignation, Liliane Batjoens (director)
- Director resignation, Ann De Spiegeleer (director)
- Director reappointment, Geert De Spiegeleer (director (not named in the articles))
- Director reappointment, Liliane Batjoens (director (not named in the articles))
- Director reappointment, Ann De Spiegeleer (director (not named in the articles))
- Director resignation, Ann De Spiegeleer (managing director)
- Director reappointment, Ann De Spiegeleer (managing director)
- The act holds 6 more points.
02-11
abbreviated format · 119 days before the deadline
2022
11-11
micro format · 109 days before the deadline
31-07
Financial
Equity above €150,000equity €155,946 ▲8.6%
With a profit in every financial year since 2019, equity grows to €155,946.
2021
03-12
abbreviated format · 87 days before the deadline
2020
30-09
abbreviated format · 151 days before the deadline
31-07
Financial
Weakest financial yearnet €4,828 ▼39.3%
The net result drops to €4,828, the lowest from 2019 to 2025. It recovers the following year.
2019
18-11
abbreviated format · 103 days before the deadline
Show earlier events
2018
15-11
abbreviated format · 105 days before the deadline
2017
02-11
abbreviated format · 118 days before the deadline
2015
01-12
abbreviated format · 90 days before the deadline
1994
05-01
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DSA in Dutch
Enterprise number
0451.613.093
Legal form
Public limited company
Status
Active, normale toestand
Founded
07-12-1993
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-12-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…”
deed of 20-12-2023 (in Dutch)Registered office and establishments
Registered office
Geraardsbergse steenweg 175, 9860 Oosterzele, Belgium
Establishment unit
Geraardsbergse steenweg 175, 9860 Oosterzele since 24-11-1994 · unit number 2.069.147.08547241 Retail sale of bread and pastry (bakery outlets)
Activities
NACEBEL 202510890
Manufacture of food products main activity
Codes under NACEBEL 2008
10890
Manufacture of food products main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 20-12-2023 (in Dutch)
“De aan- en verkoop als kleinhandel en groothandel,de import en export,de verwerking en bewerking,de commissieloonhandel van alle…”
4 activities
- De aan- en verkoop als kleinhandel en groothandel,de import en export,de verwerking en bewerking,de commissieloonhandel van alle bakkerijgrondstoffen en bakkerijbenodigdheden.
- Bovendien mag de vennootschap,bij wijze van inbreng,deelneming,versmelting,inschrijving,geldschieting door eenvoudige zaakvoering of anderszins belangen nemen in elke onderneming van gelijke of aanverwante aard,wanneer zij daarmede,hetzij rechtstreeks,hetzij onrechtstreeks haar voorwerp kan begunstigen,vergemakkelijken of ontwikkelen.
- Zij mag ook nog voor het beveiligen of bevorderen van haar verrichtingen,voor het plaatsen van haar voorzorgs- en reservefondsen,alle roerende en onroerende goederen verwerven,aankopen.
- Zij mag huurcelen afsluiten,bouwwerken verrichten,goederen verkopen en ruilen.
Invoicing and payment
VAT number
BE 0451.613.093
Financial year and general meeting
Accounts at the NBBFinancial year end
31-07
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of November at 10:00
deed of 20-12-2023 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteOosterzeleunit number 2.069.147.085
Sites & property
Location
Buildings and parcels at the address
Ground area
433 m²
Building footprint
135 m²
Building volume
614 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44052B0784/00T000 | Flanders | 433 m² | 1 · 135 m² | 6.2 m · 2 |