DSG BOUW
ActiveDSG BOUW has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163k and a net result of €111k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 35% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+8
Solvency41▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.99 against 0.75 in 2023; short-term debt: 28.7% and cash: 2% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
33 d early
2022
29 d late
2021
30 d late
2020
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€163k▼ 2.5%
2023 · €167k
2020: €142k
2021: €231k
2022: €299k
2023: €167k
2020 → 2024
Total assets
€986k▲ 11.0%
2023 · €888k
2020: €929k
2021: €1.06M
2022: €1.08M
2023: €888k
2020 → 2024
Net result
€111k▲ 133%
2023 · €48k
2020: €137k
2021: €89k
2022: €68k
2023: €48k
2020 → 2024
Working capital
€-4k▲ 95.8%
2023 · €-83k
2020: €6k
2021: €49k
2022: €56k
2023: €-83k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€142k-€231k▲ 63.1%€299k▲ 29.6%€167k▼ 44.2%€163k▼ 2.5%
Operating result€181k-€128k▼ 29.4%€97k▼ 23.8%€70k▼ 28.0%€149k▲ 113%
Net result€137k-€89k▼ 34.6%€68k▼ 23.5%€48k▼ 30.1%€111k▲ 133%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 113% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €986k
Fixed assets
€706k▲ 9.8%
Current assets
€280k▲ 14.0%
Equity and liabilities €986k
Equity
€163k▼ 2.5%
Debt
€823k▲ 14.1%
The debt ratio rises from 81.2% to 83.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€285k▲
2023 · €210k
Cash flow
€247k▲
2023 · €188k
Solvency
16.5%▼
2023 · 18.8%
Current ratio
0.99▲
2023 · 0.75
Quick ratio
0.53▼
2023 · 0.59
Debt / equity
5.06▲
2023 · 4.33
ROE
68.4%▲
2023 · 28.6%
ROA
11.3%▲
2023 · 5.4%
Interest coverage
28.58▼
2023 · 30.32
Debt
€823k▲
2023 · €722k
Debt ≤ 1 year
€283k▼
2023 · €328k
Debt > 1 year
€540k▲
2023 · €393k
Income taxes
€32k▲
2023 · €16k
Staff costs
€252k▼
2023 · €308k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€888k€986k▲
Fixed assets21/28€643k€706k▲
Tangible fixed assets22/27€643k€706k▲
Land and buildings22€451k€426k▼
Plant, machinery and equipment23€98k€130k▲
Furniture and vehicles24€94k€150k▲
Current assets29/58€245k€280k▲
Stocks and contracts in progress3€51k€129k▲
Stocks30/36€51k€129k▲
Amounts receivable within one year40/41€35k€124k▲
Trade receivables40€29k€87k▲
Other amounts receivable41€6k€36k▲
Cash at bank and in hand54/58€153k€20k▼
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€888k€986k▲
Equity10/15€167k€163k▼
Contributions10/11€5k€5k=
Reserves13€158k€158k=
Distributable reserves133€158k€158k=
Profit (loss) carried forward14€4k€74▼
Amounts payable17/49€722k€823k▲
Amounts payable after more than one year17€393k€540k▲
Financial debts170/4€393k€540k▲
Amounts payable within one year42/48€328k€283k▼
Current portion of amounts payable after more than one year42€69k€102k▲
Trade debts44€59k€43k▼
Suppliers440/4€59k€43k▼
Taxes, remuneration and social security45€7k€20k▲
Taxes450/3€40€12k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€193k€119k▼
Income statement
Code20232024
Non-recurring operating income76A-€26k
Remuneration, social security and pensions62€308k€252k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€140k€136k▼
Other operating charges640/8€7k€7k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€527k€545k▲
Operating profit (loss)9901€70k€149k▲
Financial income75/76B€404€4k▲
Recurring financial income75€404€4k▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€64k€143k▲
Income taxes67/77€16k€32k▲
Profit (loss) for the period9904€48k€111k▲
Profit (loss) for the period to be appropriated9905€48k€111k▲
Appropriation of the result
Profit (loss) to be appropriated9906€184k€116k▼
Profit (loss) brought forward from the previous period14P€137k€4k▼
Profit to be distributed694/7€180k€116k▼
Return on contributions (dividend)694€180k€114k▼
Directors or managers695-€2k
Social balance
Average headcount (FTE)90875.05.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €48k ▼30.1%
Net result drops to €48k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Equity above €200kEq €231k ▲63.1%
2 profitable years in a row build equity to €231k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Herzele · 1 establishment unit since 2019
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.
Kauwstraat 1079550 HerzeleGround area
2,394 m²
Building footprint
770 m²
Parcel 41062A0756/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
DSG BOUW
since 20192.293.427.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41062A0756/00G000 | Flanders | 2,394 m² | 1 · 770 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,824 EUR awarded · 1,824 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 201 EUR | 201 EUR |
| 2024 | 1 | 109 EUR | 109 EUR |
| 2023 | 1 | 1,210 EUR | 1,210 EUR |
| 2022 | 1 | 304 EUR | 304 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.