DSA HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €15.69M and a net result of €830k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 2385 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 03-06-2026, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
58 d early
2024
51 d early
2023
36 d early
2022
24 d early
2021
41 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€15.69M=
2024 · €15.69M
2021: €10.54M
2022: €12.53M
2023: €14.25M
2024: €15.69M
2021 → 2025
Net result
€830k▼ 42.3%
2024 · €1.44M
2021: €3.91M
2022: €1.99M
2023: €1.72M
2024: €1.44M
2021 → 2025
Total assets
€27.11M▼ 11.3%
2024 · €30.55M
2021: €30.57M
2022: €31.25M
2023: €31.09M
2024: €30.55M
2021 → 2025
Solvency
57.9%▲ 6.5pp
2024 · 51.4%
2021: 34.5%
2022: 40.1%
2023: 45.8%
2024: 51.4%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.75M
Equity€10.54M-€12.53M▲ 18.9%€14.25M▲ 13.7%€15.69M▲ 10.1%€15.69M=
Operating result€1.92M-€2.73M▲ 42.4%€2.73M▼ 0.1%€2.69M▼ 1.4%€1.50M▼ 44.2%
Net result€3.91M-€1.99M▼ 49.1%€1.72M▼ 13.4%€1.44M▼ 16.5%€830k▼ 42.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27.11M
Fixed assets
€26.97M=
Current assets
€145k▼ 96.0%
Equity and liabilities €27.11M
Equity
€15.69M=
Debt
€11.42M▼ 23.2%
The debt ratio falls from 48.6% to 42.1%. Debt is lower.
Key figures and ratios
Solvency
57.9%▲
2024 · 51.4%
ROE
5.3%▼
2024 · 9.2%
ROA
3.1%▼
2024 · 4.7%
Debt
€11.42M▼
2024 · €14.86M
Debt ≤ 1 year
€11.36M▲
2024 · €2.53M
Debt > 1 year
€0▼
2024 · €12.16M
Income taxes
€240k▼
2024 · €462k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€30.55M€27.11M▼
Fixed assets21/28€26.97M€26.97M=
Financial fixed assets28€26.97M€26.97M=
Affiliated companies280/1-€26.97M
Participating interests280-€26.97M
Current assets29/58€3.59M€145k▼
Stocks and contracts in progress3-€0
Amounts receivable within one year40/41€3.20M€31k▼
Other amounts receivable41€3.20M€31k▼
Cash at bank and in hand54/58€394k€113k▼
Equity and liabilities
Total equity and liabilities10/49€30.55M€27.11M▼
Equity10/15€15.69M€15.69M=
Contributions10/11€6.63M€6.63M=
Reserves13€9.06M€9.06M=
Distributable reserves133€9.06M€9.06M=
Amounts payable17/49€14.86M€11.42M▼
Amounts payable after more than one year17€12.16M€0▼
Financial debts170/4€12.16M€0▼
Subordinated loans170-€0
Credit institutions173-€0
Amounts payable within one year42/48€2.53M€11.36M▲
Current portion of amounts payable after more than one year42€1.99M€0▼
Financial debts43€154k€2.82M▲
Credit institutions430/8€154k€2.82M▲
Trade debts44€30k€983▼
Suppliers440/4€30k€983▼
Advances received on contracts in progress46€303k€0▼
Taxes, remuneration and social security45€59k€12k▼
Taxes450/3€59k€12k▼
Other amounts payable47/48€440€8.52M▲
Accrued charges and deferred income492/3€171k€61k▼
Income statement
Code20242025
Operating income70/76A-€1.75M
Turnover70-€1.75M
Operating charges60/66A-€249k
Services and other goods61-€248k
Other operating charges640/8€1k€1k▲
Gross operating margin9900€2.69M-
Operating profit (loss)9901€2.69M€1.50M▼
Financial income75/76B€52k€355k▲
Recurring financial income75€52k€355k▲
Income from current assets751-€355k
Other financial income752/9-€1
Financial charges65/66B€841k€786k▼
Recurring financial charges65€841k€786k▼
Debt charges650-€782k
Other financial charges652/9-€5k
Profit (loss) for the period before taxes9903€1.90M€1.07M▼
Income taxes67/77€462k€240k▼
Taxes670/3-€240k
Profit (loss) for the period9904€1.44M€830k▼
Profit (loss) for the period to be appropriated9905€1.44M€830k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.44M€830k▼
Transfer to equity691/2€1.44M€0▼
To other reserves6921€1.44M€0▼
Profit to be distributed694/7-€830k
Return on contributions (dividend)694-€830k
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
State Gazette act
Registered officeBoard meeting · Registered-office move · Permanent representative3 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move · Permanent representative3 facts ▸
- Board meeting, 2026-07-23
- Registered-office move, DE BORCHGRAVESTRAAT 4430 3800 SINT-TRUIDEN
- Permanent representative, MEES Joris
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €830k ▼42.3%
Net result drops to €830k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2020
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.
N.B. de Borchgravestraat 44303800 Sint-TruidenGround area
7,434 m²
Building footprint
2,995 m²
Volume, LiDAR
17,795 m³
Parcel 71352C0650/00X002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DSA HOLDING
since 20202.308.849.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352C0650/00X002 | Flanders | 7,434 m² | 1 · 2,995 m² | 8.1 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 24,727 companies in sector 64210 we hold annual accounts for 19,759. 4,812 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.