DSS CONSTRUCT
Open bankruptcyA bankruptcy procedure is open for DSS CONSTRUCT according to publications in the Belgian State Gazette; curator: BRECHT DAWYNDT.
Summary
The 2023 annual accounts show equity of €41k and a net result of €48k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
198 d late
2021
375 d late
2020
59 d late
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€41k
2022 · €-6k
2018: €-56k
2019: €-86k
2020: €-91k
2021: €-91k
2022: €-6k
2018 → 2023
Total assets
€107k▲ 157%
2022 · €42k
2018: €9k
2019: €5k
2020: €3k
2021: €3k
2022: €42k
2018 → 2023
Net result
€48k▼ 43.6%
2022 · €85k
2018: €-22k
2019: €-30k
2020: €-5k
2021: €0
2022: €85k
2018 → 2023
Working capital
€-454▲ 96.8%
2022 · €-14k
2018: €-6k
2019: €-32k
2020: €-34k
2021: €-34k
2022: €-14k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-86k-€-91k▼ 5.5%€-91k=€-6k▲ 93.1%€41k
Operating result€-30k-€-5k▲ 84.3%€0€85k€49k▼ 42.0%
Net result€-30k-€-5k▲ 84.3%€0€85k€48k▼ 43.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 42% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €107k
Fixed assets
€42k ▲ 447%
Current assets
€65k ▲ 92.3%
Equity and liabilities €107k
Equity
€41k
Debt
€66k
Debt finances 61.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€52k▼
2022 · €87k
Cash flow
€50k▼
2022 · €87k
Current ratio
0.99▲
2022 · 0.71
Debt to equity
1.59▲
2022 · -7.60
ROE
115.3%
ROA
44.5%▼
2022 · 203.1%
Interest coverage
35.07▼
2022 · 463.59
Debt ≤ 1 year
€66k▲
2022 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 36 lines
Balance sheet
Code20222023
Assets
Total assets20/58€42k€107k▲
Fixed assets21/28€8k€42k▲
Tangible fixed assets22/27€8k€39k▲
Plant, machinery and equipment23€5k€17k▲
Furniture and vehicles24€2k€22k▲
Financial fixed assets28-€3k
Current assets29/58€34k€65k▲
Amounts receivable within one year40/41€27k€33k▲
Other amounts receivable41€27k€33k▲
Cash at bank and in hand54/58€7k€32k▲
Equity and liabilities
Total equity and liabilities10/49€42k€107k▲
Equity10/15€-6k€41k▲
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-46k€1k▲
Amounts payable17/49€48k€66k▲
Amounts payable within one year42/48€48k€66k▲
Trade debts44€2k-
Suppliers440/4€2k-
Advances received on contracts in progress46€30k€30k=
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€11k€34k▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k-
Other operating charges640/8€4k€4k▲
Gross operating margin9900€100k€56k▼
Operating profit (loss)9901€85k€49k▼
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€188€1k▲
Recurring financial charges65€188€1k▲
Profit (loss) for the period before taxes9903€85k€48k▼
Profit (loss) for the period9904€85k€48k▼
Profit (loss) for the period to be appropriated9905€85k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€1k▲
Profit (loss) brought forward from the previous period14P€-131k€-46k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
15-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · DSS CONSTRUCT BV ENGEL- STRAAT(ICH) 120, 8480 ICHTEGEM · event 21-05-2026
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 198 days late
2023
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 375 days late
2022
31-12
Financial
Back to profitnet €85k
Net result €85k after 4 loss-making years.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
02-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Ichtegem · 1 establishment unit since 2010
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.
Engelstraat(ICH) 1208480 IchtegemGround area
2,012 m²
Building footprint
187 m²
Volume, LiDAR
905 m³
Parcel 35006B0606/00W000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DSS Construct
since 20102.190.415.693
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006B0606/00W000 | Flanders | 2,012 m² | 1 · 187 m² | 8.1 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRECHT DAWYNDT KUIPWEG 6, 8400 OOSTENDE- |
21-05-2026 → present |
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 12,891 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.