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DSG Plus

Active General partnershipfounded 2021active for 5 yearsSteenweg op Ruisbroek 257, 1620 DrogenbosKBO/BCE: BE 0776.455.207

Lifetime

1 annual account with figures
peak €10,335 (2025)
€10,335 
peak €4,246 (2025)
€4,246 
peak €10,068 (2025)
€10,068 
€7,470 
Board1 name since 2021
Documentsfilings and deeds
10-09-202641 days late
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €86,000 estimated

The micro format states no turnover.

Position in the sector

€10,068

Less equity than 83% of companies in specialised construction. Sector median €57,691 · 35,148 companies.

2025 accounts filed 41 days after the deadline

Checked score

70
Healthy
Financially stronger than 75% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.4% 01-2025: 3.4%● unchanged vs 12-2024 02-2025: 3.5%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 3.5%● unchanged vs 02-2025highest value 04-2025: 3.5%● unchanged vs 03-2025highest value 05-2025: 3.5%● unchanged vs 04-2025highest value 06-2025: 3.5%● unchanged vs 05-2025highest value 07-2025: 3.1%▼ -0.4 percentage points vs 06-2025 08-2025: 3.1%● unchanged vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 2.9%▼ -0.2 percentage points vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026 04-2026: 2.9%● unchanged vs 03-2026 05-2026: 2.9%● unchanged vs 04-2026 06-2026: 2.8%▼ -0.1 percentage points vs 05-2026 07-2026: 2.8%● unchanged vs 06-2026 08-2026: 2.8%● unchanged vs 07-2026 09-2026: 2.6%▼ -0.2 percentage points vs 08-2026 10-2026: 0.7%▼ -1.9 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value

Financial strength
Strong

82equity 57.4% of total assets
80short-term debt 42.6% · cash 58.2%
99return on assets 24.2%

Score breakdown

raises risk
1 change of registered office in 24 months
Last filed accounts filed 41 days late; 1 of the last 3 accounts late
Founded in 2021
lowers risk
Liquidity: current ratio 1.98, cash €10,200
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 43, micro). It does better than 63% of them on solvency, 78% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 26,972 companies had the same profile as DSG Plus has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DSG Plus itself: 0.7% 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 26,972 companies, not a prediction for DSG Plus. 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 is acceptable

Liquidity is ample, with a current ratio of 1.98, above the usual 1.5. Short-term debt is 42.6% and cash 58.2% of total assets. 42.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.98, cash €10,200
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 41 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 41 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 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 · 1 filing
Deviation from the deadline
2025
41 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • DA SILVA GONCALVES Jorge Miguel 990 sharesdeed of 28-10-2021
  • DA SILVA GONCALVES Yuwadee 10 sharesdeed of 28-10-2021
Board & ownership

Recent changes

Registered office moved to Drogenbos New registered office: Chaussée de Ruisbroek 257, 1620 Drogenbos · Previous registered office: Petus BastPeusstesal 8 busa, hoo St. Preters-leeuar · General meeting of 01-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0776455207
Registered office moved to Sint-Pieters-Leeuw New registered office: Petrus Basteleusstraat 8A, 1600 Sint Pieters Leeuw · General meeting of 31-12-2023 · Gazette deed
Incorporation Founders: DA SILVA GONCALVES Jorge Miguel (founder and partner) and DA SILVA GONCALVES Yuwadee (founder and partner) · 1,000 shares · Appointment: DA SILVA GONCALVES Jorge Miguel (manager) · published on 28-10-2021 · Gazette deed
All 6 events

Comparable companies

same main activity, similar in size and age
Company
DSG Plus Drogenbos €17,538 €10,335 57.4% -
ES Technics Oud-Heverlee €17,441 €8,846 50.4% -
Thomas Janssens Gistel €20,927 €10,409 -36.6% -
BRAM RENOVATIES Maaseik €14,096 €8,151 35.0% -
INY SANITAIRES Enghien €15,133 €7,845 -4.3% -
RV Projects Verwarming - Sanitair Antwerp €23,417 €13,883 17.0% -
MCL CHAUFFAGE&SANITAIRE Asse €21,040 €18,332 -34.7% -

These companies have the same main activity as DSG Plus: plumbing work (NACE 43221). They are comparable in size and age: total assets between €14,100 and €23,400, founded between 2020 and 2023.

Official details

Source: KBO
Status
Active since 25-10-2021Normal situation
Registered office
266 active companies are registered at this address65 started in the 12 months before. Source: KBO register, as of 10 November 2026.
Activity
Plumbing workNACE 43221and 2 others
Establishment unit
2.325.510.8601600 Sint-Pieters-Leeuw, since 25-10-2021
Financial year end
31 December
Peppol
Reachable since 04-09-2025
Company details

Annual accounts 2025

€17,538
Filing
Filed on 10-09-2026
Financials

Insights on DSG Plus

DSG Plus has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,068 and a net result of €4,246.

Its solvency ranks better than 62% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

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 Plus

What is the company number of DSG Plus?
The company number of DSG Plus is 0776.455.207. The VAT number is the same number with BE in front: BE 0776.455.207.
Where is DSG Plus based?
The registered office is at Steenweg op Ruisbroek 257, 1620 Drogenbos.Company details
What does DSG Plus do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of DSG Plus?
DSG Plus is a general partnership (VOF).
When was DSG Plus founded?
DSG Plus was founded on 25-10-2021.
Is DSG Plus still active?
Yes, DSG Plus is an active enterprise in the KBO register.
What is the turnover of DSG Plus?
The turnover in financial year 2025 is ≈ €86,000. This figure is estimated from the gross margin of €10,335 and 37 comparable companies (NACE 43221). It probably lies between €66,000 and €190,000. It is a rough estimate.Financials
Is DSG Plus profitable?
In financial year 2025, DSG Plus made a profit of €4,246.
Where can I find the annual accounts of DSG Plus?
DSG Plus filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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