DSE SERVICES
ActiveSummary
DSE SERVICES has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,573 and a net result of -€4,963. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 94% of 34,807 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €71,573
- Loss
- -€4,963
Why 92raises risk1 of the last 3 lateLoss of €4,963 (financial year 2025)lowers riskLiquidity: current ratio 10.66, cash €62,246Equity €71,573 (91.4% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 98% on liquidity, 12% on profitability and 27% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 54 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity triplescurrent ratio 10.66
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €1,415 after €41,382 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
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), Staff (FTE).
Peer companies
Historical observationOf the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 6,908 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,964 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €75,948 | €79,017 | €2,958 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,829 | €3,829 | €0 | - | - | - | €238 | €571 | ▲ 140% |
| Other operating charges640/8 | - | - | - | €7,470 | €7,451 | €4,688 | €1,512 | €1,253 | ▼ 17.1% |
| Non-recurring operating charges66A | - | - | - | €0 | €4 | €0 | - | - | - |
| Gross operating margin9900 | €101,284 | €97,539 | €106,358 | €93,412 | €79,700 | €40,708 | €43,132 | €410 | ▼ 99.1% |
| Operating profit (loss)9901 | €16,631 | €15,087 | €27,440 | €9,994 | -€6,773 | €33,062 | €41,382 | -€1,415 | - |
| Financial income75/76B | - | - | - | €0 | €6 | €0 | €0 | €1 | - |
| Recurring financial income75 | €1 | €4 | €0 | €0 | €6 | €0 | €0 | €1 | - |
| Financial charges65/66B | - | - | - | €1,370 | €651 | €570 | €1,333 | €2,359 | ▲ 76.9% |
| Recurring financial charges65 | €2,648 | €2,445 | €925 | €1,370 | €651 | €570 | €1,333 | €2,359 | ▲ 76.9% |
| Profit (loss) for the period before taxes9903 | €13,985 | €12,646 | €26,515 | €8,624 | -€7,417 | €32,492 | €40,049 | -€3,773 | - |
| Income taxes67/77 | €446 | €442 | €8,569 | €5,011 | €1,185 | €12,349 | €12,800 | €1,191 | ▼ 90.7% |
| Profit (loss) for the period9904 | €13,539 | €12,204 | €17,945 | €3,613 | -€8,603 | €20,143 | €27,249 | -€4,963 | - |
| Profit (loss) for the period to be appropriated9905 | €13,539 | €12,204 | €17,945 | €3,613 | -€8,603 | €20,143 | €27,249 | -€4,963 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €95,905 | €94,807 | €102,700 | €84,841 | €73,338 | €73,602 | €104,332 | €78,307 | ▼ 24.9% |
| Fixed assets21/28 | €9,769 | €5,940 | €5,606 | €5,606 | €5,606 | €5,606 | €7,082 | €6,511 | ▼ 8.1% |
| Tangible fixed assets22/27 | €4,162 | €333 | €0 | - | - | - | €1,476 | €904 | ▼ 38.7% |
| Furniture and vehicles24 | - | - | - | - | - | - | €1,476 | €904 | ▼ 38.7% |
| Financial fixed assets28 | €5,606 | €5,606 | €5,606 | €5,606 | €5,606 | €5,606 | €5,606 | €5,606 | = |
| Current assets29/58 | €86,136 | €88,867 | €97,094 | €79,234 | €67,732 | €67,995 | €97,250 | €71,796 | ▼ 26.2% |
| Stocks and contracts in progress3 | €3,427 | €7,895 | €6,917 | €35,752 | €5,097 | €0 | - | - | - |
| Stocks30/36 | - | - | - | €16,818 | €5,097 | €0 | - | - | - |
| Contracts in progress37 | - | - | - | €18,934 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €53,998 | €54,094 | €62,473 | €31,315 | €38,397 | €9,568 | €39,158 | €8,997 | ▼ 77.0% |
| Trade receivables40 | - | - | - | €27,839 | €34,454 | €5,625 | €36,958 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €3,476 | €3,943 | €3,943 | €2,200 | €8,997 | ▲ 309% |
| Cash at bank and in hand54/58 | €3,712 | €25,654 | €27,704 | €12,167 | €24,238 | €58,428 | €57,568 | €62,246 | ▲ 8.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €523 | €554 | ▲ 5.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €95,905 | €94,807 | €102,700 | €84,841 | €73,338 | €73,602 | €104,332 | €78,307 | ▼ 24.9% |
| Equity10/15 | €3,985 | €16,189 | €34,134 | €37,747 | €29,145 | €49,288 | €76,536 | €71,573 | ▼ 6.5% |
| Contributions10/11 | €24,800 | €24,800 | - | €24,800 | €24,800 | €24,800 | €24,800 | €24,800 | = |
| Reserves13 | €2,480 | €2,480 | €2,480 | €6,093 | €6,093 | €24,488 | €51,736 | €51,736 | = |
| Non-distributable reserves130/1 | - | - | - | €2,480 | €2,480 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,480 | €2,480 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €3,613 | €3,613 | €24,488 | €51,736 | €51,736 | = |
| Profit (loss) carried forward14 | -€23,295 | -€11,091 | €6,854 | €6,854 | -€1,748 | €0 | - | -€4,963 | - |
| Amounts payable17/49 | €91,920 | €78,618 | €68,566 | €47,093 | €44,193 | €24,314 | €27,795 | €6,734 | ▼ 75.8% |
| Amounts payable within one year42/48 | €91,920 | €78,618 | €68,566 | €47,093 | €44,193 | €24,314 | €27,795 | €6,734 | ▼ 75.8% |
| Trade debts44 | €66,836 | €59,631 | €47,857 | €38,524 | €40,766 | €18,020 | €18,964 | €4,359 | ▼ 77.0% |
| Suppliers440/4 | - | - | - | €38,524 | €40,766 | €18,020 | €18,964 | €4,359 | ▼ 77.0% |
| Advances received on contracts in progress46 | - | - | - | - | €2,124 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €8,569 | €1,303 | €4,022 | €4,247 | €2,375 | ▼ 44.1% |
| Taxes450/3 | - | - | - | €3,928 | €1,303 | €1,597 | €1,872 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €4,641 | €0 | €2,425 | €2,375 | €2,375 | = |
| Other amounts payable47/48 | - | - | - | - | - | €2,271 | €4,584 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,539 | €12,204 | €17,945 | €3,613 | -€8,603 | €20,143 | €27,249 | -€4,963 | - |
| + Depreciation and write-downs630 | €3,829 | €3,829 | €0 | - | - | - | €238 | €571 | ▲ 140% |
| Operating cash flow (approximation) | €17,368 | €16,033 | €17,945 | €3,613 | -€8,603 | €20,143 | €27,487 | -€4,392 | - |
| Investment in fixed assets (approximation) | - | €0 | €333 | €0 | €0 | €0 | -€1,714 | €0 | - |
| Change in cash | - | €21,942 | €2,050 | -€15,536 | €12,071 | €34,190 | -€859 | €4,678 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00220767 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00419155 |
| 31-12-2023 | micro format | 26-09-2024 | 2024-00482830 |
| 31-12-2022 | micro format | 28-09-2023 | 2023-00461994 |
| 31-12-2021 | micro format | 27-10-2022 | 2022-20478938 |
| 31-12-2020 | micro format | 27-10-2021 | 2021-73500049 |
| 31-12-2019 | micro format | 29-10-2020 | 2020-64700107 |
| 31-12-2018 | micro format | 10-10-2019 | 2019-69600477 |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65100521 |
| 31-12-2016 | micro format | 20-09-2017 | 2017-61600258 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE SMET Erik Frank Alix |
|
Owners and capital
Capital and shareholders
- 09-03-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
DSE SERVICES was incorporated on 19 September 2008.1 Since 2023 the company has been called DSE SERVICES.2 The registered office moved to Deurne in 2023 and to Sint-Pauwels in 2023.32 Total assets fell from €95,905 in 2018 to €78,307 in 2025 and headcount from 1 full-time equivalents in 2018 to 1.1 in 2021.4
Acts, filings and financial milestones
09-05
Gazette deed
Registered officeRegistered-office move · Director in office2 facts ▸
- Registered-office move, Zandstraat 148 te 9170 Sint-Pauwels
- Director in office, De Smet Erik (director)
09-03
Gazette deed
Reappointment: DE SMET Erik Frank Alix (director)Name change · Registered-office move · Approval13 facts ▸
- Other provision, “BE 0469.875.423, Léon Stynenstraat 75B,2000 Antwerpen (district Antwerpen)” (deed in Dutch)
- General meeting, “rechtspersonenregister te Antwerpen (afdeling Antwerpen), 2100 Deurne (Antwerpen),Bisschoppenhoflaan 471 bus 1” (deed in Dutch)
- Name change, DSE SERVICES
- Registered-office move, 9170 Sint-Pauwels,Zandstraat 148/7
- Approval, “verslag van het bestuursorgaan met betrekking tot de voorgestelde wijziging het voorwerp van de vennootschap, artikel 5:101 van het Wetboek van vennootschappen…” (deed in Dutch)
- Purpose change
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Other provision, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Director reappointment, DE SMET Erik Frank Alix (director (not named in the articles))
- Registered office clause, “9170 Sint-Pauwels,Zandstraat 148/7”, 9 (deed in Dutch)
- +1 further fact in this act
17-01
Gazette deed
Registered office · Legal-form changeRegistered-office move1 fact ▸
- Registered-office move, Bisschoppenhoflaan 471/001 te 2100 Deurne
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0806.458.196
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46022B1276/00D002 | Flanders | 598 m² | 1 · 135 m² | 7.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het plaatsen van zonnewering,verduistering,stores en zonneschermen; Algemene elektriciteitswerken,meer bepaald elektrotechnisch…” (deed in Dutch)
28 activities (deed in Dutch)
- Het plaatsen van zonnewering,verduistering,stores en zonneschermen
- Algemene elektriciteitswerken,meer bepaald elektrotechnisch installateur
- Het herwikkelen van elektromotoren en transformatoren
- De aanleg van telecommunicatielijnen en –netten
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen
- Onderneming voor de installatie van elektrische verwarmingsinstallaties
- Onderneming voor de installatie van liften en roltrappen
- De reparatie van elektrische huishoudapparaten
- Het installeren van lichtreclames en uithangborden
- Groot- en kleinhandel in elektrisch en elektronisch materiaal,inclusief installatiemateriaal
- Kleinhandel in elektrische huishoudapparaten en in audio- en videoapparatuur
- Groot- en kleinhandel in dekzeilen,hoezen,parasols,zonneschermen,enzovoorts
- Het plaatsen van rolluiken en garagepoorten
- Isolatiewerkzaamheden,zoals het aanbrengen in gebouwen en andere bouwwerken van thermisch isolatiemateriaal,isolatiemateriaal tegen geluid en trillingen,zonnewerende isolatie
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen
- De isolatie van koelkamers en pakhuizen
- Werkzaamheden in verband met automatisatie en domotica
- Het plaatsen van rolluiken,sectionale poorten,ramen en deuren
- Het plaatsen van afluistersystemen en tussenpanelen
- Het plaatsen van spanplafonds en valse plafonds allerhande
- Het plaatsen en de handel in duurzame energieproducten en energie besparende producten,hernieuwbare energie,conventionele vormen van energie en/of milieutechnieken
- Managementactiviteiten
- Het tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven
- Verlenen van adviezen en hulp aan het bedrijfsleven op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding enzovoort
- Overige zakelijke dienstverlening
- Diverse administratieve activiteiten ten behoeve van ondernemingen
- Handelsbemiddeling in menigvuldige goederen en sectoren
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DSE SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap in en buiten rechte. Wanneer de vennootschap optreedt als…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuurd door één of meer bestuurders, elke bestuurder bevoegd alle handelingen te verrichten nodig of dienstig tot verwezenlijking…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In statuten opgelegde regelingen gelden inzake overdracht van aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bepaalt wijze vereffening overeenkomstig wettelijke bepalingen, na aanzuivering schulden lasten kosten of consignatie…” (deed in Dutch)