DST
ActiveSummary
DST has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €247k and a net result of €4k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-37
Solvency65▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.9 in 2024; short-term debt: 53.1% and cash: 22.4% of total assets), and 60.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.8%
Return on assets
0.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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
35 d late
2024
60 d late
2023
30 d late
2022
28 d late
2021
30 d late
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▼ 96.1%
2024 · €91k
2018: €18k
2019: €77k▲ +334% vs 2018
2020: €7k▼ -91.0% vs 2019
2021: €-8k▼ -219% vs 2020
2022: €2k▲ +130% vs 2021
2023: €-34k▼ -1482% vs 2022lowest in 8 years
2024: €91k▲ +367% vs 2023highest in 8 years
2025: €4k▼ -96.1% vs 2024
2018 → 2025
Working capital
€-42k
2024 · €120k
2018: €19k
2019: €84k▲ +350% vs 2018
2020: €19k▼ -77.1% vs 2019
2021: €6k▼ -67.9% vs 2020
2022: €-7k▼ -210% vs 2021
2023: €10k▲ +248% vs 2022
2024: €120k▲ +1096% vs 2023highest in 8 years
2025: €-42k▼ -135% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€187k▲ 1.3%€152k▼ 18.3%€244k▲ 59.9%€247k▲ 1.5%
2021: €184k
2022: €187k▲ +1.3% vs 2021
2023: €152k▼ -18.3% vs 2022lowest in 5 years
2024: €244k▲ +59.9% vs 2023
2025: €247k▲ +1.5% vs 2024highest in 5 years
Operating result€6k-€16k▲ 173%€-21k€133k€12k▼ 90.7%
2021: €6k
2022: €16k▲ +173% vs 2021
2023: €-21k▼ -227% vs 2022lowest in 5 years
2024: €133k▲ +737% vs 2023highest in 5 years
2025: €12k▼ -90.7% vs 2024
Net result€-8k-€2k€-34k€91k€4k▼ 96.1%
2021: €-8k
2022: €2k▲ +130% vs 2021
2023: €-34k▼ -1482% vs 2022lowest in 5 years
2024: €91k▲ +367% vs 2023highest in 5 years
2025: €4k▼ -96.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €621k
Fixed assets
€333k ▲ 51.3%
Current assets
€288k ▲ 13.8%
Equity and liabilities €621k
Equity
€247k ▲ 1.5%
Provisions
€29k ▼ 12.5%
Debt
€345k ▲ 75.6%
Debt's share of the balance-sheet total rises from 41.5% to 55.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▼
2024 · €177k
Cash flow
€62k▼
2024 · €136k
Current ratio
0.87▼
2024 · 1.90
Quick ratio
0.61▼
2024 · 1.90
Debt to equity
1.39▲
2024 · 0.81
ROE
1.4%▼
2024 · 37.5%
ROA
0.6%▼
2024 · 19.3%
Interest coverage
4.42▼
2024 · 20.96
Debt ≤ 1 year
€330k▲
2024 · €133k
Income taxes
€241
Staff costs
€30k▲
2024 · €24k
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 · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€473k€621k▲
Fixed assets21/28€220k€333k▲
Tangible fixed assets22/27€216k€329k▲
Land and buildings22€199k€119k▼
Plant, machinery and equipment23-€169k
Furniture and vehicles24€18k€41k▲
Financial fixed assets28€4k€4k=
Current assets29/58€253k€288k▲
Stocks and contracts in progress3-€85k
Stocks30/36-€85k
Amounts receivable within one year40/41€35k€53k▲
Trade receivables40-€43k
Other amounts receivable41€35k€10k▼
Cash at bank and in hand54/58€203k€139k▼
Deferred charges and accrued income490/1€15k€11k▼
Equity and liabilities
Total equity and liabilities10/49€473k€621k▲
Equity10/15€244k€247k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€185k€173k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€99k€87k▼
Distributable reserves133€84k€84k=
Profit (loss) carried forward14€40k€56k▲
Provisions and deferred taxes16€33k€29k▼
Deferred taxes168€33k€29k▼
Amounts payable17/49€196k€345k▲
Amounts payable after more than one year17€64k-
Financial debts170/4€64k-
Amounts payable within one year42/48€133k€330k▲
Current portion of amounts payable after more than one year42€49k-
Trade debts44€31k€193k▲
Suppliers440/4€31k€193k▲
Taxes, remuneration and social security45€34k€36k▲
Taxes450/3-€241
Remuneration and social security454/9€34k€36k▲
Other amounts payable47/48€19k€101k▲
Accrued charges and deferred income492/3-€15k
Income statement
Code20242025
Non-recurring operating income76A-€47k
Remuneration, social security and pensions62€24k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€58k▲
Other operating charges640/8€8k€29k▲
Gross operating margin9900€209k€130k▼
Operating profit (loss)9901€133k€12k▼
Financial income75/76B€63€3k▲
Recurring financial income75€63€3k▲
Financial charges65/66B€8k€16k▲
Recurring financial charges65€8k€16k▲
Profit (loss) for the period before taxes9903€124k€-312▼
Transfer from deferred taxes780€4k€4k=
Transfer to deferred taxes680€37k-
Income taxes67/77-€241
Profit (loss) for the period9904€91k€4k▼
Transfer from tax-exempt reserves789€12k€12k=
Transfer to tax-exempt reserves689€112k-
Profit (loss) for the period to be appropriated9905€-8k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€56k▲
Profit (loss) brought forward from the previous period14P€48k€40k▼
Social balance
Average headcount (FTE)90871.02.6▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €47k | - |
| Remuneration, social security and pensions62 | €134k | €165k | €135k | €24k | €30k | ▲ 23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €83k | €78k | €79k | €44k | €58k | ▲ 31.2% |
| Other operating charges640/8 | €7k | €6k | €7k | €8k | €29k | ▲ 264% |
| Gross operating margin9900 | €230k | €264k | €200k | €209k | €130k | ▼ 38.0% |
| Operating profit (loss)9901 | €6k | €16k | €-21k | €133k | €12k | ▼ 90.7% |
| Financial income75/76B | €141 | €147 | €77 | €63 | €3k | ▲ 5,156% |
| Recurring financial income75 | €141 | €147 | €77 | €63 | €3k | ▲ 5,156% |
| Financial charges65/66B | €14k | €14k | €13k | €8k | €16k | ▲ 88.6% |
| Recurring financial charges65 | €14k | €14k | €13k | €8k | €16k | ▲ 88.6% |
| Profit (loss) for the period before taxes9903 | €-8k | €2k | €-34k | €124k | €-312 | ▼ 100% |
| Transfer from deferred taxes780 | - | - | - | €4k | €4k | = |
| Transfer to deferred taxes680 | - | - | - | €37k | - | - |
| Income taxes67/77 | €312 | - | - | - | €241 | - |
| Profit (loss) for the period9904 | €-8k | €2k | €-34k | €91k | €4k | ▼ 96.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €12k | €12k | = |
| Transfer to tax-exempt reserves689 | - | - | - | €112k | - | - |
| Profit (loss) for the period to be appropriated9905 | €-8k | €2k | €-34k | €-8k | €16k | ▲ 297% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €700k | €664k | €494k | €473k | €621k | ▲ 31.3% |
| Fixed assets21/28 | €369k | €332k | €255k | €220k | €333k | ▲ 51.3% |
| Tangible fixed assets22/27 | €369k | €332k | €255k | €216k | €329k | ▲ 52.3% |
| Land and buildings22 | €272k | €257k | €203k | €199k | €119k | ▼ 39.9% |
| Plant, machinery and equipment23 | €69k | €58k | €42k | - | €169k | - |
| Furniture and vehicles24 | €27k | €17k | €9k | €18k | €41k | ▲ 133% |
| Financial fixed assets28 | - | - | - | €4k | €4k | = |
| Current assets29/58 | €332k | €331k | €239k | €253k | €288k | ▲ 13.8% |
| Stocks and contracts in progress3 | €185k | €181k | €144k | - | €85k | - |
| Stocks30/36 | €185k | €181k | €144k | - | €85k | - |
| Amounts receivable within one year40/41 | €20k | €43k | €31k | €35k | €53k | ▲ 50.9% |
| Trade receivables40 | €5k | €24k | €19k | - | €43k | - |
| Other amounts receivable41 | €15k | €20k | €12k | €35k | €10k | ▼ 71.7% |
| Cash at bank and in hand54/58 | €97k | €81k | €53k | €203k | €139k | ▼ 31.5% |
| Deferred charges and accrued income490/1 | €29k | €26k | €11k | €15k | €11k | ▼ 26.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €700k | €664k | €494k | €473k | €621k | ▲ 31.3% |
| Equity10/15 | €184k | €187k | €152k | €244k | €247k | ▲ 1.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | €19k | €19k | €19k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €85k | €85k | €85k | €185k | €173k | ▼ 6.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | - | - | €99k | €87k | ▼ 12.5% |
| Distributable reserves133 | €84k | €84k | €84k | €84k | €84k | = |
| Profit (loss) carried forward14 | €80k | €83k | €48k | €40k | €56k | ▲ 39.7% |
| Provisions and deferred taxes16 | - | - | - | €33k | €29k | ▼ 12.5% |
| Deferred taxes168 | - | - | - | €33k | €29k | ▼ 12.5% |
| Amounts payable17/49 | €516k | €477k | €342k | €196k | €345k | ▲ 75.6% |
| Amounts payable after more than one year17 | €190k | €138k | €112k | €64k | - | - |
| Financial debts170/4 | €190k | €138k | €112k | €64k | - | - |
| Amounts payable within one year42/48 | €326k | €338k | €229k | €133k | €330k | ▲ 148% |
| Current portion of amounts payable after more than one year42 | €52k | €52k | - | €49k | - | - |
| Financial debts43 | €25k | €25k | €56k | - | - | - |
| Other loans439 | €25k | €25k | €56k | - | - | - |
| Trade debts44 | €195k | €169k | €91k | €31k | €193k | ▲ 532% |
| Suppliers440/4 | €195k | €169k | €91k | €31k | €193k | ▲ 532% |
| Taxes, remuneration and social security45 | €40k | €71k | €60k | €34k | €36k | ▲ 3.9% |
| Taxes450/3 | €5k | €11k | €15k | - | €241 | - |
| Remuneration and social security454/9 | €36k | €59k | €45k | €34k | €36k | ▲ 3.2% |
| Other amounts payable47/48 | €13k | €21k | €22k | €19k | €101k | ▲ 425% |
| Accrued charges and deferred income492/3 | €262 | €929 | €532 | - | €15k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €2k | €-34k | €91k | €4k | ▼ 96.1% |
| + Depreciation and write-downs630 | €83k | €78k | €79k | €44k | €58k | ▲ 31.2% |
| Operating cash flow (approximation) | €75k | €80k | €45k | €136k | €62k | ▼ 54.5% |
| Investment in fixed assets (approximation) | - | €-41k | €-2k | €-10k | €-171k | ▼ 1,662% |
| Change in cash | - | €-16k | €-28k | €150k | €-64k | ▼ 143% |
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
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 35 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Back to profitnet €91k
Net result €91k after one loss-making year.
31-12
Financial
Equity above €200kEq €244k ▲59.9%
Equity rises from €152k to €244k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
31-12
Financial
Equity above €150kEq €185k ▲70.5%
2 profitable years in a row build equity to €185k.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Damme · 1 establishment unit since 2007
Ground area
2,490 m²
Building footprint
1,308 m²
Volume, LiDAR
5,201 m³
Parcel 31026C0840/00K002, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DST
since 20072.159.680.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026C0840/00K002 | Flanders | 2,490 m² | 1 · 1,308 m² | 8.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 5,746 EUR awarded · 5,746 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
| 2024 | 1 | 3,326 EUR | 3,326 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Food safety, FASFC
1 siteDamme2.159.680.155
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ARMENO
BE 0825.172.268
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WIJNIMPORT HERMAN
BE 0478.715.586
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OBN VENDING
BE 0860.632.894
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Of 1,580 companies in sector 46349 we hold annual accounts for 987. 723 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
Contact
Scores and ratios are computed by Checked and are not a credit decision.