DSN Total Solutions
ActiveThe computed 12-month bankruptcy probability of DSN Total Solutions is 2.0% (moderate). The 2024 annual accounts show equity of €300k and a net result of €136k. Equity is growing by ~51.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 481 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
81
/ 100
Excellent▼ -5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency58▼-36
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.51 against 1.95 in 2023), but 75.5% 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.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
27 d early
2022
22 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€300k▲ 82.7%
2023 · €164k
2022: €131k
2023: €164k
2022 → 2024
Total assets
€1.23M▲ 271%
2023 · €331k
2022: €307k
2023: €331k
2022 → 2024
Net result
€136k▲ 303%
2023 · €34k
2022: €128k
2023: €34k
2022 → 2024
Working capital
€686k▲ 333%
2023 · €158k
2022: €122k
2023: €158k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€131k-€164k▲ 25.8%€300k▲ 82.7%
Operating result€174k-€50k▼ 71.4%€185k▲ 273%
Net result€128k-€34k▼ 73.7%€136k▲ 303%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 273% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.23M
Fixed assets
€86k▲ 1,328%
Current assets
€1.14M▲ 251%
Equity and liabilities €1.23M
Equity
€300k▲ 82.7%
Debt
€925k▲ 457%
The debt ratio rises from 50.3% to 75.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€190k▲
2023 · €53k
Cash flow
€140k▲
2023 · €37k
Solvency
24.5%▼
2023 · 49.7%
Current ratio
2.51▲
2023 · 1.95
Quick ratio
2.40▲
2023 · 1.71
Debt / equity
3.08▲
2023 · 1.01
ROE
45.3%▲
2023 · 20.5%
ROA
11.1%▲
2023 · 10.2%
Interest coverage
66.57▲
2023 · 34.49
Debt
€925k▲
2023 · €166k
Debt ≤ 1 year
€454k▲
2023 · €166k
Income taxes
€47k▲
2023 · €15k
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€331k€1.23M▲
Fixed assets21/28€6k€86k▲
Tangible fixed assets22/27€3k€83k▲
Furniture and vehicles24€3k€83k▲
Financial fixed assets28€3k€3k=
Current assets29/58€325k€1.14M▲
Amounts receivable after more than one year29€168k€326k▲
Other amounts receivable291€168k€326k▲
Stocks and contracts in progress3€40k€49k▲
Stocks30/36€40k€49k▲
Amounts receivable within one year40/41€82k€541k▲
Trade receivables40€82k€524k▲
Other amounts receivable41€484€17k▲
Cash at bank and in hand54/58€30k€212k▲
Deferred charges and accrued income490/1€4k€12k▲
Equity and liabilities
Total equity and liabilities10/49€331k€1.23M▲
Equity10/15€164k€300k▲
Contributions10/11€3k€3k=
Reserves13€162k€298k▲
Distributable reserves133€162k€298k▲
Amounts payable17/49€166k€925k▲
Amounts payable within one year42/48€166k€454k▲
Trade debts44€96k€372k▲
Suppliers440/4€96k€372k▲
Taxes, remuneration and social security45€71k€82k▲
Taxes450/3€71k€82k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3-€471k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€54k€191k▲
Operating profit (loss)9901€50k€185k▲
Financial income75/76B€622€205▼
Recurring financial income75€622€205▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€49k€183k▲
Income taxes67/77€15k€47k▲
Profit (loss) for the period9904€34k€136k▲
Profit (loss) for the period to be appropriated9905€34k€136k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€136k▲
Transfer to equity691/2€34k€136k▲
To other reserves6921€34k€136k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Highest result since 2022net €136k ▲303%
Operating result €185k, net result €136k, both a record.
31-12
Financial
Equity above €200kEq €300k ▲82.7%
3 profitable years in a row build equity to €300k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €34k ▼73.7%
Net result drops to €34k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €164k ▲25.8%
2 profitable years in a row build equity to €164k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 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, Antwerpen · 1 establishment unit since 2021
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.
Ellermanstraat 562060 AntwerpenGround area
99 m²
Building footprint
83 m²
Volume, LiDAR
1,068 m³
Parcel 11807G1305/00Y004, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
DSN Total Solutions
since 20212.324.003.402
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1305/00Y004 | Flanders | 99 m² | 1 · 83 m² | 16.1 m · 4 fl. |
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.
Similar companies · same sector, comparable size
MANU PEELMAN PROCESSING
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BE 0775.781.353
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BE 0631.860.968
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Industrial Maintenance & Moving Solutions
BE 0406.933.113
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E B L Engineering
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Of 1,221 companies in sector 33200 we hold annual accounts for 675. 495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2021
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.dsnsolutions.be
E-mail:dirk@dsnsolutions.be