DSN Project
ActiveSummary
The computed 12-month bankruptcy probability of DSN Project is 3.7% (moderate). The 2024 annual accounts show negative equity (-€6,057) and a net result of €4,541. Equity is shrinking by ~26.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 908 companies that looked in July 2024 the way this one looks now, 5.9% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,230 | - | €14,393 | €15,485 | €16,433 | ▲ 6.1% |
| Other operating charges640/8 | - | €392 | €449 | €612 | €2,180 | ▲ 256% |
| Gross operating margin9900 | -€4,519 | -€1,868 | €16,532 | €17,288 | €26,885 | ▲ 55.5% |
| Operating profit (loss)9901 | -€6,096 | -€2,260 | €1,690 | €1,191 | €8,272 | ▲ 595% |
| Financial charges65/66B | - | €3,273 | €3,097 | €3,901 | €3,731 | ▼ 4.4% |
| Recurring financial charges65 | €853 | €3,273 | €3,097 | €3,901 | €3,731 | ▼ 4.4% |
| Profit (loss) for the period before taxes9903 | -€6,949 | -€5,533 | -€1,406 | -€2,710 | €4,541 | ▲ 268% |
| Profit (loss) for the period9904 | -€6,949 | -€5,533 | -€1,406 | -€2,710 | €4,541 | ▲ 268% |
| Profit (loss) for the period to be appropriated9905 | -€6,949 | -€5,533 | -€1,406 | -€2,710 | €4,541 | ▲ 268% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,169 | €255,766 | €277,793 | €263,210 | €252,096 | ▼ 4.2% |
| Fixed assets21/28 | €84,504 | €254,318 | €266,797 | €251,312 | €242,674 | ▼ 3.4% |
| Tangible fixed assets22/27 | €84,504 | €254,318 | €266,487 | €251,002 | €242,364 | ▼ 3.4% |
| Land and buildings22 | - | €254,318 | €244,145 | €233,972 | €223,799 | ▼ 4.3% |
| Furniture and vehicles24 | - | - | €22,342 | €17,030 | €11,717 | ▼ 31.2% |
| Other tangible fixed assets26 | - | - | - | - | €6,847 | - |
| Financial fixed assets28 | - | - | €310 | €310 | €310 | = |
| Current assets29/58 | €1,665 | €1,449 | €10,996 | €11,898 | €9,422 | ▼ 20.8% |
| Amounts receivable within one year40/41 | - | - | €2,517 | - | - | - |
| Trade receivables40 | - | - | €2,517 | - | - | - |
| Cash at bank and in hand54/58 | €1,665 | €1,449 | €8,479 | €11,898 | €9,422 | ▼ 20.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,169 | €255,766 | €277,793 | €263,210 | €252,096 | ▼ 4.2% |
| Equity10/15 | -€949 | -€6,482 | -€7,888 | -€10,598 | -€6,057 | ▲ 42.8% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€6,949 | -€12,482 | -€13,888 | -€16,598 | -€12,057 | ▲ 27.4% |
| Amounts payable17/49 | €87,118 | €262,248 | €285,681 | €273,808 | €258,153 | ▼ 5.7% |
| Amounts payable after more than one year17 | €84,504 | €238,315 | €226,439 | €214,369 | €202,103 | ▼ 5.7% |
| Financial debts170/4 | - | €238,315 | €226,439 | €214,369 | €202,103 | ▼ 5.7% |
| Amounts payable within one year42/48 | €2,614 | €23,933 | €59,242 | €59,438 | €55,170 | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | €11,685 | €11,876 | €12,070 | €12,267 | ▲ 1.6% |
| Trade debts44 | - | €1,634 | €1,752 | €1,755 | €2,289 | ▲ 30.5% |
| Suppliers440/4 | - | €1,634 | €1,752 | €1,755 | €2,289 | ▲ 30.5% |
| Other amounts payable47/48 | - | €10,614 | €45,614 | €45,614 | €40,614 | ▼ 11.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €880 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,949 | -€5,533 | -€1,406 | -€2,710 | €4,541 | ▲ 268% |
| + Depreciation and write-downs630 | €1,230 | - | €14,393 | €15,485 | €16,433 | ▲ 6.1% |
| Operating cash flow (approximation) | -€5,719 | -€5,533 | €12,987 | €12,775 | €20,974 | ▲ 64.2% |
| Investment in fixed assets (approximation) | - | -€169,813 | -€26,873 | €0 | -€7,794 | - |
| Change in cash | - | -€217 | €7,030 | €3,419 | -€2,476 | ▼ 172% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55302C0823/00D000 | Wallonia | 1,000 m² | 1 · 203 m² | - |
Linked by address, not proof of ownership
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.