Skip to content

DSG DEVELOPMENT

Active Private limited company (pre-2019)founded 2016active for 10 yearsSinte-Aleidislaan 19, 1150 Woluwe-Saint-PierreKBO/BCE: BE 0647.750.360
DSG DEVELOPMENT
Follow ReportCompare

Overview

Lifetime

9 annual accounts with figures on one time axis
peak €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 accounts

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.

Filings

9 annual accounts 101 days past the deadline
AprilJune31 JulyOctober2020

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 strength
Weak

39-16equity 13.8% of total assets
20-18short-term debt 69.7% · cash 6.1%
22-56return on assets -4.2%

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
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · Figures for financial year 2024 (filed on 10-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 71 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €73,915
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 comparison
Position 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 filings
Position 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 filings
Deviation 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)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

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
Board & ownership

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
All 14 events

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
Company details

Annual accounts 2024

€5,772▼ 56.0%
≈ €27,000estimated
€3,138
€10,174▼ 23.6%
€73,915▲ 67.9%
Filing
Filed on 10-10-2025
Financials

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.

Financials

Annual accounts 2024

micro format, filed on 10-10-2025, 71 days late

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.

€5,772
▼ 56.0%
€1,994
▼ 80.1%
-€3,138
▼ €6,354
€12,776
▲ 214×
13.8%
▼ 16.5 percentage points
1.25
▲ 0.25

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €27,000. Estimated: probably between €13,000 and €54,000.

Balance sheet

balance sheet total €73,915 on 31-12-2024
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

13.8%

Higher than 17% of 37,582 companies in 2024.

1.25

Higher than 31% of 36,335 companies in 2024.

-4.2%

Higher than 13% of 36,821 companies in 2024.

DSG DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

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 Trend202420232022202120202019201820172016
Balance sheet: assets
20/58 73,91544,01035,63021,53319,04920,62618,76623,46017,349
21/28 9,63413,2528,8287,4363,7933,8953,9964,6811,165
22/27 9,63413,2528,8287,4363,7933,8953,9964,6811,165
22 3,3863,4883,5893,6913,7933,8953,9964,098-
23 -------5831,165
24 -3,0225,2383,744-----
26 6,2486,743-------
29/58 64,28130,75826,80214,09815,25616,73214,77018,77916,184
40/41 57,93017,8107,5816167,02913,70210,9089,56410,675
40 57,93017,8107,5816166,98613,70210,8789,55810,274
41 ----43-306400
54/58 4,4908,81016,50612,8387,5451,7813,2209,2155,509
490/1 1,8604,1382,7166446831,249642--
Balance sheet: equity and liabilities
10/49 73,91544,01035,63021,53319,04920,62618,76623,46017,349
10/15 10,17413,31210,0951,8613,2556,2696,4687,3579,845
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,200
100 -----18,60018,60018,60018,600
101 -----12,40012,40012,40012,400
13 182182182182182182182182182
130/1 182182182182182----
130 -----182182182182
1311 182182182182182----
14 3,7926,9293,713-4,522-3,127-113869743,463
17/49 63,74130,69825,53419,67315,79414,35712,29816,1047,504
42/48 51,50530,69825,53419,67315,79414,35712,29816,1047,504
44 8,4105,3512,7775,6571,9392225,6001,7122,021
440/4 8,4105,3512,7775,6571,9392225,6001,7122,021
45 21,40515,47713,8699,6776,5186,2885,22611,1985,483
450/3 19,60515,47713,8699,6776,5186,2885,2269,3985,483
454/9 1,800------1,800-
47/48 21,6909,8708,8894,3397,3377,8471,4723,193-
492/3 12,236--------
Income statement
9900 5,77213,11221,8045,3986,5352,0711,8032,4556,138
630 5962,6981,5411,3571021026851,349583
640/8 9874002,1131,4757,6526465641,811-
66A 2,195-3,244------
9901 1,99410,01414,9052,565-1,2191,323554-7055,555
75/76B 282277--03328
75 282277--03328
65/66B 2,4811,65752533539453877649813
65 2,4811,65752533539453877649813
9903 -4588,58414,3872,230-1,613785-219-1,1995,570
67/77 2,6805,3686,1523,6251,4009846701,2891,925
9904 -3,1383,2168,235-1,395-3,014-199-889-2,4893,645
9905 -3,1383,2168,235-1,395-3,014-199-889-2,4893,645
Appropriation of the result
9906 3,7926,9293,713-4,522-3,127-113869743,645
14P 6,9293,713-4,522-3,127-----
691/2 --------182
6920 --------182
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

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 2024 (PDF), filed on 10-10-2025.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 10-10-2025 2025-00538453 PDF
31-12-2023 micro format 30-08-2024 2024-00426537 PDF
31-12-2022 micro format 31-08-2023 2023-00414865 PDF
31-12-2021 micro format 31-08-2022 2022-20411764 PDF
31-12-2020 micro format 29-10-2021 2021-75500474 PDF
31-12-2019 micro format 31-10-2020 2020-67800339 PDF
31-12-2018 micro format 09-10-2019 2019-69300324 PDF
31-12-2017 micro format 31-08-2018 2018-60800462 PDF
31-12-2016 micro format 17-08-2017 2017-44300401 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202420232022202120202019201820172016
2,59112,71216,4463,923-1,1171,4241,2396446,138
-2,5415,9149,776-37-2,912-97-204-1,1404,228
-3,0227,1226,6775,0000004,8641,748
-4,320-7,6963,6685,2935,764-1,439-5,9963,706-
12,776601,268-5,575-5382,3742,4722,6758,680
13.8%30.2%28.3%8.6%17.1%30.4%34.5%31.4%56.7%
1.251.001.050.720.971.171.201.172.16
6.272.312.5310.574.852.291.902.190.76
-30.8%24.2%81.6%-75.0%-92.6%-3.2%-13.7%-33.8%37.0%
-4.2%7.3%23.1%-6.5%-15.8%-1.0%-4.7%-10.6%21.0%
1.047.6731.3211.71-----

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
Item2024202320222021
Tangible fixed assets-€7,122€6,677€5,000
€596€2,698€1,541€1,357

Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)

Insights on DSG DEVELOPMENT

The operating result for 2024 is 80% lower than in 2023 and the lowest since 2020. It is the second fall in a row.

Debt's share of the balance-sheet total rises from 69.8% to 86.2%. Equity is lower and debt is higher.

Board & ownership

Board

2 directors
Vasconcelos Alves Pereira Gouveia Carlos
Director
since 02-02-2016
listed in the 2024 annual accounts, filed on 10-10-2025
Vieira Dias Dos Santos Ana Filipa
Director
since 02-02-2016
listed in the 2024 annual accounts, filed on 10-10-2025

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Vasconcelos Alves Pereira Gouveia Carlos
Director
Vieira Dias Dos Santos Ana Filipa
Director
Board
Mandates as a list
  • Vasconcelos Alves Pereira Gouveia Carlos
    • Director, from 02-02-2016 to date
  • Vieira Dias Dos Santos Ana Filipa
    • Director, from 02-02-2016 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200
Source
2024 annual accounts

Network & group

No group

DSG DEVELOPMENT has no parent and no holdings in its annual accounts. DSG DEVELOPMENT shares no director with another company.

Timeline

Timeline

14 events since 2016
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0647750360
2025
Annual accounts 2024 filed PDFmicro format · 71 days late
2024
Weakest financial year net -€3,138 The net result drops to -€3,138, the lowest from 2016 to 2024.
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Back to profit net €8,235 The net result is €8,235, after 5 loss-making years.
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Annual accounts 2020 filed PDFmicro format · 90 days late
2020
Annual accounts 2019 filed PDFmicro format · 92 days late
2019
Annual accounts 2018 filed PDFmicro format · 70 days late
2018
Annual accounts 2017 filed PDFmicro format · 31 days late
2017
Annual accounts 2016 filed PDFmicro format · 17 days late
2016
Incorporation PDFpublished on 04-02-2016
First establishment Italiëlaan 43, Ixelles

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 February 2016, DSG DEVELOPMENT was incorporated.1 Total assets went from €18,766 in 2018 to €73,915 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0647.750.360
VAT number
BE 0647.750.360
Peppol ID
0208:0647750360
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
02-02-2016
Financial year
ends on 31 December
Peppol
Reachable since 19-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DSG DEVELOPMENT in French
Entity type
Legal entity

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
73300 Public relations and communication consultancy
82990 Other business support services
Codes under NACEBEL 2008
70220 Business consulting main activity
70210 Activities of head offices; management consultancy activities
82990 Other business support services

Registered office and establishments

1 establishment
Establishment Since Unit number
Sinte-Aleidislaan 19 registered office 1150 Woluwe-Saint-Pierre
Italiëlaan 43 1050 Ixelles 02-02-2016 2.250.349.124

Buildings and parcels at the addresses

Ground area
755 m²
Buildings
632 m²
Volume, LiDAR
15,967 m³
Tallest building
31.3 m
Buildings to scale, each on its own parcel
564 m², 31.3 m 67 m², 11.9 m 564 m², 31.3 m 67 m², 11.9 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
21446D0138/00H000559 m² 1 · 564 m² 31.3 m · 10
21683D0369/00F010196 m² 1 · 67 m² 11.9 m · 3

Contact

E-mail vasconceloscarlos@hotmail.com establishment in Elsene
Phone +32 499 53 89 15 establishment in Elsene

We would like to set cookies. That happens only with your consent. What we measure