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DSS-TEAM

Active
Private limited companyfounded 2025active for 1 yearSint-Jansdreef 22, 9000 Gent, BelgiumKBO/BCE: BE 1019.237.495
Summary

DSS-TEAM has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,000 and a net result of €19,952. Its solvency ranks better than 13% of 280 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 27-01-2025 Normal situation
Activity
Materials recovery from waste NACE 38210and 1 other
Joint committees
142.04 Paritair Subcomité voor de terugwinning van allerlei producten
124 Paritair Comité voor het bouwbedrijf
136 Paritair Comité voor de papier- en kartonbewerking · annual accounts 2025
Establishment unit
2.369.349.813 9000 Gent, since 27-01-2025
Financial year end
31 December
Peppol
Reachable since 04-04-2025

Board and ownership

Board

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Turnover
€160,171
Profit
€19,952
Equity
€3,000
Total assets
€29,754
Staff
≈ 0.8 FTE
estimated
Score breakdownraises riskFounded in 2025Size: turnover €160,171, total assets €29,754Equity €3,000 (10.1% of total assets)lowers riskLiquidity: current ratio 3.53, cash €24,011Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 70% of micro companies in waste collection and treatment (NACE 38)
Financial strength
Strong
Solvency 35
equity 10.1% of total assets
Liquidity 92
short-term debt 22.9% · cash 80.7%
Profitability 100
return on assets 67.1%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (519 companies, NACE 38, micro)
Last 24 months 02-2026: 1.8% 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.2%▲ +0.3 percentage points vs 04-2026 06-2026: 2.3%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.8%▼ -1.5 percentage points vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026lowest value 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▼ -0.1 percentage points vs 09-2026 11-2026: 0.8%● unchanged vs 10-2026
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 38, micro). It does better than 22% of them on solvency, 91% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 02-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.53, cash €24,011
NBB · annual accounts
raises risk · Founded in 2025
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 · Size: turnover €160,171, total assets €29,754
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €3,000 (10.1% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 280 sector peers (2025).
NBB · sector comparison
Position among 280 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
57 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, full format

Annual accounts 2025 filed on 04-06-2026 at the NBB

Turnover
€160,171
EBIT margin
12.5%
Net result
€19,952
Working capital
€17,209
Balance-sheet composition
Assets €29,754
Fixed assets €5,743
Current assets €24,011
Equity and liabilities €29,754
Equity €3,000
Debt €26,754
Debt's share of the balance-sheet total is 89.9%.
Key figures and ratios
2025 value
Current ratio
3.53
Debt to equity
8.92
ROE
665.1%
ROA
67.1%
Debt ≤ 1 year
€6,802
Staff costs
€34,320
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€29,754
Fixed assets21/28€5,743
Tangible fixed assets22/27€5,743
Plant, machinery and equipment23€3,243
Furniture and vehicles24€2,500
Current assets29/58€24,011
Cash at bank and in hand54/58€24,011
Equity and liabilities
Total equity and liabilities10/49€29,754
Equity10/15€3,000
Contributions10/11€3,000
Capital10€3,000
Issued capital100€3,000
Amounts payable17/49€26,754
Amounts payable within one year42/48€6,802
Taxes, remuneration and social security45€6,802
Remuneration and social security454/9€6,802
Accrued charges and deferred income492/3€19,952
Income statement Code2025
Operating income70/76A€160,171
Turnover70€160,171
Operating charges60/66A€140,219
Goods for resale, raw materials and consumables60€49,536
Purchases600/8€49,536
Services and other goods61€53,162
Remuneration, social security and pensions62€34,320
Other operating charges640/8€3,201
Operating profit (loss)9901€19,952
Profit (loss) for the period before taxes9903€19,952
Profit (loss) for the period9904€19,952
Profit (loss) for the period to be appropriated9905€19,952
Appropriation of the result
Profit (loss) to be appropriated9906€19,952
Transfer to equity691/2€19,952
Addition to contributions691€19,952

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 04-06-2026.

Line2025
Operating income70/76A€160,171
Turnover70€160,171
Operating charges60/66A€140,219
Goods for resale, raw materials and consumables60€49,536
Purchases600/8€49,536
Services and other goods61€53,162
Remuneration, social security and pensions62€34,320
Other operating charges640/8€3,201
Operating profit (loss)9901€19,952
Profit (loss) for the period before taxes9903€19,952
Profit (loss) for the period9904€19,952
Profit (loss) for the period to be appropriated9905€19,952
Line2025
Assets
Total assets20/58€29,754
Fixed assets21/28€5,743
Tangible fixed assets22/27€5,743
Plant, machinery and equipment23€3,243
Furniture and vehicles24€2,500
Current assets29/58€24,011
Cash at bank and in hand54/58€24,011
Equity and liabilities
Total equity and liabilities10/49€29,754
Equity10/15€3,000
Contributions10/11€3,000
Capital10€3,000
Issued capital100€3,000
Amounts payable17/49€26,754
Amounts payable within one year42/48€6,802
Taxes, remuneration and social security45€6,802
Remuneration and social security454/9€6,802
Accrued charges and deferred income492/3€19,952
Line2025
Profit (loss) for the period9904€19,952
Operating cash flow (approximation)€19,952

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 2,390 companies had the same profile as DSS-TEAM has now. Two years later, 96.7% were still going and 1.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
96.7% was still going
2.0% stopped otherwise
1.2% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DSS-TEAM itself: 0.8% within 12 months.

Test of the method

The method was tested on the 497,446 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 2,390 companies, not a prediction for DSS-TEAM. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 full format 04-06-2026 2026-00136539 PDF

Board & ownership

Directors

Directors
1 director, no change since 2025
TINEV Georgi Tihomirov
Director · since 27-01-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 04-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 29-01-2025

Owners and capital

Shareholders

At incorporation act of 29-01-2025 ↗

Capital transactions

Capital over time
  1. 29-01-2025 Incorporation · €3,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“100, gelijk recht in de winstverdeling”

Articles of association, deed of 29-01-2025 (in Dutch)

Network & group

DSS-TEAM shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of DSS-TEAM. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
04-06
NBB filing Annual accounts 2025 filedNBB
full format · 57 days before the deadline
2025
29-01
Gazette deed Incorporation
Starting capital €3,000 · Appointment: TINEV Georgi Tihomirov (director) · Founder12 points ▸
  • Founder, TINEV Georgi Tihomirov
  • Incorporation, “DSS-TEAM” (deed in Dutch)
  • Other provision, 20-01-2025
  • Other provision, “bijstand als tolk en accountant, tolk en accountant” (deed in Dutch)
  • Founding capital, €3,000
  • Bank account, “vennootschap in oprichting, deponering inbrengen” (deed in Dutch)
  • Other provision, “aansprakelijkheid oprichters bij faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk ontoereikend” (deed in Dutch)
  • Registered office clause, “9000 Gent,Sint-Jansdreef,22, 2. Adres van de zetel” (deed in Dutch)
  • Board rule, 1, “3. Benoeming van de bestuurder” (deed in Dutch)
  • Director appointment, TINEV Georgi Tihomirov (director)
  • Other provision, “geen beheersverbod, geen beheersverbod rust op belanghebbende partijen” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Company details

Register details

Identity

KBO record
Name DSS-TEAM in Dutch
Enterprise number 1019.237.495
Legal form Private limited company
Status Active, normale toestand
Founded 27-01-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-01-2025 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 29-01-2025 (in Dutch)

Registered office and establishments

Registered office Sint-Jansdreef 22, 9000 Gent, Belgium
Establishment unit DSS-TEAM, Sint-Jansdreef 22, 9000 Gent since 27-01-2025 · unit number 2.369.349.81341001 General construction of residential buildings

Activities

NACEBEL 2025
38210 Materials recovery from waste main activity
81210 General cleaning of buildings
Joint committees 142.04 Paritair Subcomité voor de terugwinning van allerlei producten
124 Paritair Comité voor het bouwbedrijf
136 Paritair Comité voor de papier- en kartonbewerking annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Verpakkingsbedrijven; Algemene reiniging van gebouwen; Algemene bouw van residentiele gebouwen”
3 activities
  1. Verpakkingsbedrijven
  2. Algemene reiniging van gebouwen
  3. Algemene bouw van residentiele gebouwen
deed of 29-01-2025 (in Dutch)

Invoicing and payment

VAT number BE 1019.237.495
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1019237495
Other Peppol ID 9925:BE1019237495
Registered 04-04-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1019.237.495

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of April at 11:00
deed of 29-01-2025 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
53 m²
Building footprint
51 m²
Building volume
605 m³
Cadastral parcel Region Area Buildings Height / floors
44802B0852/00F000 Flanders 53 m² 1 · 51 m² 14.5 m · 4