Summary
DSC 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 €650k and a net result of €162k. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 27% of 8048 sector peers (fiscal year 2025). The company has been active since 2022 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 check for your own amount and term
Signals
1 signal. 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 28-04-2026, 94 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
94 d early
2024
98 d early
2023
54 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€650k▲ 33.1%
2024 · €488k
2023: €337klowest in 3 years
2024: €488k▲ +44.9% vs 2023
2025: €650k▲ +33.1% vs 2024highest in 3 years
2023 → 2025
Net result
€162k▲ 6.7%
2024 · €151k
2023: €187khighest in 3 years
2024: €151k▼ -19.0% vs 2023lowest in 3 years
2025: €162k▲ +6.7% vs 2024
2023 → 2025
Total assets
€2.85M▲ 0.6%
2024 · €2.84M
2023: €2.84Mlowest in 3 years
2024: €2.84M▲ +0.1% vs 2023
2025: €2.85M▲ +0.6% vs 2024highest in 3 years
2023 → 2025
Solvency
22.8%▲ 5.6pp
2024 · 17.2%
2023: 11.9%lowest in 3 years
2024: 17.2%▲ +44.9% vs 2023
2025: 22.8%▲ +32.3% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€337k-€488k▲ 44.9%€650k▲ 33.1%
2023: €337klowest in 3 years
2024: €488k▲ +44.9% vs 2023
2025: €650k▲ +33.1% vs 2024highest in 3 years
Operating result€314k-€251k▼ 20.1%€260k▲ 3.7%
2023: €314khighest in 3 years
2024: €251k▼ -20.1% vs 2023lowest in 3 years
2025: €260k▲ +3.7% vs 2024
Net result€187k-€151k▼ 19.0%€162k▲ 6.7%
2023: €187khighest in 3 years
2024: €151k▼ -19.0% vs 2023lowest in 3 years
2025: €162k▲ +6.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.85M
Fixed assets
€2.70M =
Current assets
€153k ▲ 11.6%
Equity and liabilities €2.85M
Equity
€650k ▲ 33.1%
Debt
€2.20M ▼ 6.2%
Debt's share of the balance-sheet total falls from 82.8% to 77.2%. Equity is higher and debt is lower.
Key figures and ratios
ROE
24.9%▼
2024 · 31.0%
ROA
5.7%▲
2024 · 5.3%
Debt ≤ 1 year
€295k▼
2024 · €340k
Debt > 1 year
€1.91M▼
2024 · €2.01M
Income taxes
€54k▲
2024 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.84M€2.85M▲
Fixed assets21/28€2.70M€2.70M=
Financial fixed assets28€2.70M€2.70M=
Current assets29/58€137k€153k▲
Amounts receivable within one year40/41€15k€0▼
Trade receivables40€15k€0▼
Cash at bank and in hand54/58€122k€153k▲
Deferred charges and accrued income490/1€214€214=
Equity and liabilities
Total equity and liabilities10/49€2.84M€2.85M▲
Equity10/15€488k€650k▲
Contributions10/11€150k€150k=
Reserves13€335k€500k▲
Distributable reserves133€335k€500k▲
Profit (loss) carried forward14€3k€11▼
Amounts payable17/49€2.35M€2.20M▼
Amounts payable after more than one year17€2.01M€1.91M▼
Financial debts170/4€1.44M€1.23M▼
Other amounts payable178/9€573k€682k▲
Amounts payable within one year42/48€340k€295k▼
Current portion of amounts payable after more than one year42€235k€210k▼
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€3k€128▼
Suppliers440/4€3k€128▼
Taxes, remuneration and social security45€100k€68k▼
Taxes450/3€100k€68k▼
Other amounts payable47/48€2k€2k▲
Income statement
Code20242025
Other operating charges640/8€126€1k▲
Gross operating margin9900€251k€262k▲
Operating profit (loss)9901€251k€260k▲
Financial income75/76B€2k€894▼
Recurring financial income75€2k€894▼
Financial charges65/66B€51k€46k▼
Recurring financial charges65€51k€46k▼
Profit (loss) for the period before taxes9903€202k€215k▲
Income taxes67/77€50k€54k▲
Profit (loss) for the period9904€151k€162k▲
Profit (loss) for the period to be appropriated9905€151k€162k▲
Appropriation of the result
Profit (loss) to be appropriated9906€151k€165k▲
Profit (loss) brought forward from the previous period14P-€3k
Transfer to equity691/2€148k€165k▲
To other reserves6921€148k€165k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €115 | €126 | €1k | ▲ 794% |
| Gross operating margin9900 | €314k | €251k | €262k | ▲ 4.1% |
| Operating profit (loss)9901 | €314k | €251k | €260k | ▲ 3.7% |
| Financial income75/76B | €474 | €2k | €894 | ▼ 41.7% |
| Recurring financial income75 | €474 | €2k | €894 | ▼ 41.7% |
| Financial charges65/66B | €65k | €51k | €46k | ▼ 9.4% |
| Recurring financial charges65 | €65k | €51k | €46k | ▼ 9.4% |
| Profit (loss) for the period before taxes9903 | €249k | €202k | €215k | ▲ 6.7% |
| Income taxes67/77 | €62k | €50k | €54k | ▲ 6.7% |
| Profit (loss) for the period9904 | €187k | €151k | €162k | ▲ 6.7% |
| Profit (loss) for the period to be appropriated9905 | €187k | €151k | €162k | ▲ 6.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.84M | €2.84M | €2.85M | ▲ 0.6% |
| Fixed assets21/28 | €2.70M | €2.70M | €2.70M | = |
| Financial fixed assets28 | €2.70M | €2.70M | €2.70M | = |
| Current assets29/58 | €136k | €137k | €153k | ▲ 11.6% |
| Amounts receivable within one year40/41 | €13k | €15k | €0 | ▼ 100% |
| Trade receivables40 | €13k | €15k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €122k | €122k | €153k | ▲ 25.4% |
| Deferred charges and accrued income490/1 | €1 | €214 | €214 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.84M | €2.84M | €2.85M | ▲ 0.6% |
| Equity10/15 | €337k | €488k | €650k | ▲ 33.1% |
| Contributions10/11 | €150k | €150k | €150k | = |
| Reserves13 | €187k | €335k | €500k | ▲ 49.3% |
| Distributable reserves133 | €187k | €335k | €500k | ▲ 49.3% |
| Profit (loss) carried forward14 | - | €3k | €11 | ▼ 99.7% |
| Amounts payable17/49 | €2.50M | €2.35M | €2.20M | ▼ 6.2% |
| Amounts payable after more than one year17 | €2.21M | €2.01M | €1.91M | ▼ 5.0% |
| Financial debts170/4 | €1.65M | €1.44M | €1.23M | ▼ 14.6% |
| Other amounts payable178/9 | €566k | €573k | €682k | ▲ 19.0% |
| Amounts payable within one year42/48 | €287k | €340k | €295k | ▼ 13.1% |
| Current portion of amounts payable after more than one year42 | €210k | €235k | €210k | ▼ 10.7% |
| Financial debts43 | - | - | €15k | - |
| Credit institutions430/8 | - | - | €15k | - |
| Trade debts44 | €623 | €3k | €128 | ▼ 95.3% |
| Suppliers440/4 | €623 | €3k | €128 | ▼ 95.3% |
| Taxes, remuneration and social security45 | €76k | €100k | €68k | ▼ 31.6% |
| Taxes450/3 | €76k | €100k | €68k | ▼ 31.6% |
| Other amounts payable47/48 | - | €2k | €2k | ▲ 1.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €187k | €151k | €162k | ▲ 6.7% |
| Operating cash flow (approximation) | €187k | €151k | €162k | ▲ 6.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €-288 | €31k | ▲ 10,841% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €650k ▲33.1%
3 profitable years in a row build equity to €650k.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €151k ▼19%
Net result drops to €151k, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 54 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Waregem · 1 establishment unit since 2022
Ground area
6,479 m²
Building footprint
1,067 m²
Volume, LiDAR
7,513 m³
Parcel 34452B0938/00D000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DSC
since 20222.334.750.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0938/00D000 | Flanders | 6,479 m² | 1 · 1,067 m² | 8.1 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.
Similar companies · same sector, comparable size
GEJA Invest
BE 0890.576.301
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HELLINX
BE 0869.954.002
Herselt · Eq €649,913
Van den Steen
BE 0553.499.420
Boechout · Eq €650,133
Mabler
BE 0764.699.104
Evergem · Eq €650,187
E & F Consulting
BE 0898.243.259
Heusden-Zolder · Eq €650,323
Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 13,398 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
Founded29-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.