DSD
Annual accounts 2025
micro format, filed on 05-03-2026, 148 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €72,000. Estimated: probably between €49,000 and €130,000.
Balance sheet
balance sheet total €34,513 on 31-12-2025in euro
in euro
Position in the sector
74.1%
Higher than 62% of 20,774 companies in 2025.
2.08
Higher than 42% of 20,348 companies in 2025.
15.0%
Higher than 37% of 20,630 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
34,513 | 33,797 | 29,802 | |
21/28 |
15,917 | 2,253 | 4,409 | |
22/27 |
15,917 | 2,253 | 4,409 | |
24 |
1,545 | 2,253 | 4,409 | |
26 |
14,373 | - | - | |
29/58 |
18,595 | 31,544 | 25,393 | |
40/41 |
3,995 | 2,453 | 3,479 | |
40 |
2,396 | 581 | 1,665 | |
41 |
1,599 | 1,873 | 1,814 | |
54/58 |
14,018 | 27,560 | 18,970 | |
490/1 |
583 | 1,532 | 2,944 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
34,513 | 33,797 | 29,802 | |
10/15 |
25,591 | 22,920 | 20,843 | |
10/11 |
6,000 | 6,000 | 6,000 | |
13 |
19,500 | 16,900 | 14,800 | |
133 |
19,500 | 16,900 | 14,800 | |
14 |
91 | 20 | 43 | |
17/49 |
8,922 | 10,877 | 8,959 | |
42/48 |
8,922 | 10,877 | 8,959 | |
44 |
1,109 | 1,700 | 3,619 | |
440/4 |
1,109 | 1,700 | 3,619 | |
45 |
634 | 317 | 700 | |
450/3 |
634 | 317 | 700 | |
47/48 |
7,179 | 8,860 | 4,640 | |
| Income statement | ||||
9900 |
12,164 | 9,173 | 8,905 | |
630 |
4,560 | 3,338 | 2,856 | |
640/8 |
128 | 513 | 499 | |
66A |
- | - | 94 | |
9901 |
7,475 | 5,321 | 5,455 | |
75/76B |
283 | 3 | 5 | |
75 |
283 | 3 | 5 | |
65/66B |
188 | 1,120 | 97 | |
65 |
188 | 1,120 | 97 | |
9903 |
7,570 | 4,205 | 5,362 | |
67/77 |
2,401 | 2,127 | 2,366 | |
9904 |
5,169 | 2,077 | 2,997 | |
9905 |
5,169 | 2,077 | 2,997 | |
| Appropriation of the result | ||||
9906 |
5,190 | 2,120 | 5,843 | |
14P |
20 | 43 | 2,847 | |
691/2 |
2,600 | 2,100 | 5,800 | |
6921 |
2,600 | 2,100 | 5,800 | |
694/7 |
2,499 | - | 0 | |
694 |
2,499 | - | 0 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2023, 2 entries, €1,728 awarded, €1,728 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €1,583 | €1,583 |
| 2022 | 1 | €145 | €145 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 12,036 | 8,660 | 8,311 | ||
| 9,730 | 5,415 | 5,853 | ||
| 18,225 | 1,182 | 1,397 | ||
| -13,542 | 8,589 | - | ||
| 9,673 | 20,668 | 16,434 | ||
| 74.1% | 67.8% | 69.9% | ||
| 2.08 | 2.90 | 2.83 | ||
| 0.35 | 0.47 | 0.43 | ||
| 20.2% | 9.1% | 14.4% | ||
| 15.0% | 6.1% | 10.1% | ||
| 64.01 | 7.73 | 85.38 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €18,225 | €1,182 | €1,397 |
| €4,560 | €3,338 | €2,856 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on DSD
The operating result for 2025 is 40% higher than in 2024 and the highest since 2023. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 32.2% to 25.9%. Equity is higher and debt is lower.