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DSR LOGISTICS

Active
Private limited companyfounded 2019active for 7 yearsWeststraat 158, 9940 Evergem, BelgiumKBO/BCE: BE 0723.779.158
Summary

The computed 12-month bankruptcy probability of DSR LOGISTICS is 6.9% (elevated). The 2024 annual accounts show equity of €280,168 and a net result of €82,725. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 10% of 1,853 sector peers (NACE 49, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
2nd fastest staff growth in East Flanders, Land transport sector2 sites
Size
€9.9mturnover 2024
Staff
50.3 FTE
Equity
€280,168
Profit
€82,725
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.9%
Structure
Parent
Desoete Group · 100%
Board
6 members
Holdings
1
Accounts 84 days overdue6 of 9 deeds read
Why 35raises riskLiquidity: current ratio 0.46, cash €53,355Figures for financial year 2024 (filed 30-07-2025)1 financial year not filed after the legal deadline; 2 of the last 3 lateEquity €280,168 (3.4% of total assets)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 44% of its sector peers (NACE 49, medium-sized)
Financial strength · tick = 2023
Weak
Solvency 28=
equity 3.4% of total assets
Liquidity 25-2
short-term debt 52.1% · cash 0.7%
Profitability 68+10
return on assets 1.0%
Bankruptcy probability, 12 months
6.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (272 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 9.2%highest value 12-2024: 9.2%● unchanged vs 11-2024highest value 01-2025: 9.2%● unchanged vs 12-2024 02-2025: 9.2%● unchanged vs 01-2025 03-2025: 8.9%▼ -0.3 percentage points vs 02-2025 04-2025: 7.1%▼ -1.8 percentage points vs 03-2025 05-2025: 7.4%▲ +0.3 percentage points vs 04-2025 06-2025: 7.7%▲ +0.3 percentage points vs 05-2025 07-2025: 7.0%▼ -0.7 percentage points vs 06-2025 08-2025: 4.5%▼ -2.5 percentage points vs 07-2025 09-2025: 4.5%● unchanged vs 08-2025 10-2025: 4.5%● unchanged vs 09-2025 11-2025: 4.5%● unchanged vs 10-2025 12-2025: 4.5%● unchanged vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 4.4%▼ -0.1 percentage points vs 01-2026 03-2026: 4.4%● unchanged vs 02-2026lowest value 04-2026: 4.4%● unchanged vs 03-2026lowest value 05-2026: 4.4%● unchanged vs 04-2026 06-2026: 4.5%▲ +0.1 percentage points vs 05-2026 07-2026: 4.7%▲ +0.2 percentage points vs 06-2026 08-2026: 5.4%▲ +0.7 percentage points vs 07-2026 09-2026: 5.5%▲ +0.1 percentage points vs 08-2026 10-2026: 6.9%▲ +1.4 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.46, compared with 0.48 in 2023, below 1; short-term debt: 52.1% and cash: 0.7% of total assets), and 96.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, medium-sized): better than 10% on solvency, 28% on liquidity, 50% on profitability and 88% on growth.

The bankruptcy probability was computed on 22-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · Liquidity: current ratio 0.46, cash €53,355
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 30-07-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
NBB · filings
raises risk · Equity €280,168 (3.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1853 sector peers (2024).
NBB · sector comparison
Position among 1853 sector peers
Solvency
better than 10%
← 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, 84 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline23-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
1 day early
2023
83 days late
2022
31 days late
2021
31 days late
2020
58 days early
2019
77 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 2 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Desoete Management, LD Consulting and…Appointments: Desoete Group, Prato Consulting…
  2. Capital & shares · RestructuringIncorporation · Declaration · Capital…
  3. RestructuringMerger · Accounting effect

Key points

  • Positive: Back in profit in 2024after -€49,002 in 2023 €82,725 View
  • Caution: Among the weakest 10% on solvencysector median 41.6% · 1,853 companies 3.4% View
  • Caution: Accounts not fileddeadline was 31-07-2026 84 days late View
  • Board changedlatest change 31-08-2026 · 6 in office 3 joined · 1 left View
  • Controlled by Desoete Groupthe company in turn controls 1 companies 100% View
  • Merger with TIELTS AARDAPPEL TRANSPORTmerger on 11-08-2026 2026 View

By topic

Financials

Financial year
2024
Turnover
€9.9m
Profit
€82,725
Solvency
3.4%
Turnover▲ 205%
Net result
20192024
Go to Financials

Board & ownership

Board
6 members
Parent
Desoete Group · 100%
  • LD CONSULTINGDirector
  • Desoete GroupDirector
  • Kris ThielmanDirector
  • PRATO CONSULTINGDirector
  • DESOETE MANAGEMENTDirector

and 1 other director

Go to Board & ownership

Network & group

Subsidiaries
1
Connected companies
1
Mergers and asset contributions
2

1 subsidiary

Go to Network & group

Timeline

Events
17
Since
2020
  1. 10-02-2026Algemene Vergadering - Boekjaar
  2. 24-11-2025Restructuring
  3. 30-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
29-03-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
16
Financial year
From 1 October to 30 September
Annual meeting
Last Friday of March at 18:00
Purpose
“Alle activiteiten die rechtstreeks of onrechtstreeks met zowel nationaal als…” (deed in Dutch)
Go to Articles of association

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