Debts
€63,741 86% of the balance sheet
Suppliers 13%Taxes and wages 34%Other 53%
Of this, €51,505 falls due within a year.
DSG DEVELOPMENT
Lifetime
9 annual accounts with figures on one time axispeak €21,804 (2022)
€5,772▼ 56.0%
lowest -€3,138 (2024)
-€3,138▼ €6,354
peak €13,312 (2023)
€10,174▼ 23.6%
€63,741▲ 108%
Board2 names since 2016
2 directorsVasconcelos Alves Pereira Gouveia Carlos and 1 other
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from €13,112 to €5,772Loss of €3,138Equity from €13,312 to €10,174Debts from €30,698 to €63,741Cash from €8,810 to €4,490
Key points
from the 2024 annual accountsFilings
9 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€10,174
Less equity than 84% of companies in head offices and management consultancy. Sector median €90,106 · 37,624 companies.
Checked score
53
Fair
Financially stronger than 16% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.2 percentage points vs 09-2025
11-2025: 0.6%▲ +0.1 percentage points vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 1.6%▲ +0.6 percentage points vs 09-2026highest value
11-2026: 1.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 10-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 2 of the last 3 accounts late
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €73,915
Calculation
The band follows from the bankruptcy probability. 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 70, micro). It does better than 19% of them on solvency, 8% on liquidity, 14% on profitability and 21% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as DSG DEVELOPMENT has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DSG DEVELOPMENT itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,166 companies, not a prediction for DSG DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.25 (1.0 in 2023), below the usual 1.5. Short-term debt is 69.7% and cash 6.1% of total assets. 86.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 37582 sector peers (2024).
NBB · sector comparisonPosition among 37582 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 9 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
raises risk · 2024 accounts filed 71 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
71 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
90 days late
2019
92 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 58 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Board and ownership
VA
Vasconcelos Alves Pereira Gouveia Carlos
Director, since 02-02-2016
VD
Vieira Dias Dos Santos Ana Filipa
Director, since 02-02-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0647750360
Incorporation
published on 04-02-2016 · Gazette deed
First establishment
Italiëlaan 43, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DSG DEVELOPMENT Woluwe-Saint-Pierre | €73,915 | €5,772 | 13.8% | - |
| GALUCIEL Ixelles | €90,892 | €6,302 | 1.7% | - |
| DVG & C° Schilde | €72,457 | €6,149 | 41.7% | - |
| WICAM Court-Saint-Etienne | €82,381 | €5,313 | 63.1% | - |
| CHAMAR CONSULTING Boom | €70,776 | €5,001 | 93.3% | - |
| PAMM Beveren-Kruibeke-Zwijndrecht | €82,527 | €5,800 | 99.4% | - |
| D-Carré Binche | €77,538 | €4,796 | 66.3% | - |
These companies have the same main activity as DSG DEVELOPMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €70,800 and €90,900, founded between 2014 and 2016.
Official details
Source: KBO- Status
- Active since 02-02-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.250.349.1241050 Ixelles, since 02-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 19-01-2026
Insights on DSG DEVELOPMENT
DSG DEVELOPMENT files the micro format. That format states no turnover. The gross margin fell from €6,138 in 2016 to €5,772 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DSG DEVELOPMENT
- What is the company number of DSG DEVELOPMENT?
- The company number of DSG DEVELOPMENT is 0647.750.360. The VAT number is the same number with BE in front: BE 0647.750.360.
- Where is DSG DEVELOPMENT based?
- The registered office is at Sinte-Aleidislaan 19, 1150 Woluwe-Saint-Pierre.Company details
- What does DSG DEVELOPMENT do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of DSG DEVELOPMENT?
- DSG DEVELOPMENT is a private limited company (pre-2019) (BVBA).
- When was DSG DEVELOPMENT founded?
- DSG DEVELOPMENT was founded on 02-02-2016.
- Is DSG DEVELOPMENT still active?
- Yes, DSG DEVELOPMENT is an active enterprise in the KBO register.
- What is the turnover of DSG DEVELOPMENT?
- The turnover in financial year 2024 is ≈ €27,000. This figure is estimated from the gross margin of €5,772 and 205 comparable companies (NACE 70200). It probably lies between €13,000 and €54,000. It is a rough estimate.Financials
- Is DSG DEVELOPMENT profitable?
- In financial year 2024, DSG DEVELOPMENT made a loss of €3,138.
- Where can I find the annual accounts of DSG DEVELOPMENT?
- DSG DEVELOPMENT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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