Result
The result fell in 2025 from €91,316 to €3,579.
The result fell in 2025 from €91,316 to €3,579.
Debts rose by €148,441 in 2025.
Green is investment, beige is depreciation.
Between 2012 and 2025, 48% of the full-time equivalents disappeared.
Short-term debts rose from €132,779 to €329,738.
Ten of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 48% of them on solvency, 55% on liquidity, 42% on profitability and 46% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 10,904 companies had the same profile as DST has now. Each dot stands for 28 companies, two years later.
That fits the bankruptcy probability of DST itself: 0.3% within 12 months.
The method was tested on the 497,447 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.
| 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 10,904 companies, not a prediction for DST. 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.
Liquidity is insufficient, with a current ratio of 0.87 (1.9 in 2024), below 1. Short-term debt is 53.1% and cash 22.4% of total assets. 60.2% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 40 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DST Damme | €621,050 | €129,672 | 39.8% | 2.6 |
| HORECA DISTRIBUTION Mouscron | €675,490 | €179,125 | 69.6% | 2.4 |
| B-Lite Kapellen | €838,183 | €159,141 | 26.4% | 2.3 |
| AXYBEL Nijlen | €965,575 | €101,698 | 67.9% | 2.7 |
| Brasserie Maziers Bastogne Bouillon | €666,726 | €182,502 | 70.4% | 2.6 |
| BASIN & MAROT Ixelles | €660,780 | €150,542 | 6.8% | 2.2 |
| Drankenhandel ’t Bierhuis Hoogstraten | €521,111 | €172,982 | 31.9% | 1.6 |
These companies have the same main activity as DST: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €521,000 and €966,000, founded between 1999 and 2009.
DST has existed since 2007. The gross margin fell from €221,948 in 2008 to €129,672 in 2025.
Solvency fell in 2025 from 51.5% to 39.8% because of higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €950,000. Estimated: probably between €370,000 and €1.7m.
Higher than 44% of 6,192 companies in 2025.
Higher than 10% of 6,112 companies in 2025.
Higher than 30% of 6,176 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 18 people joined and 19 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
621,050 | 473,162 | 494,267 | 663,536 | 700,218 | 717,409 | 808,620 | 747,493 | 812,948 | 882,762 | 907,762 | 991,514 | 1.1m | 1.2m | 1.2m | 880,050 | 879,982 | 921,810 | |
21/28 |
333,483 | 220,430 | 255,009 | 332,357 | 368,545 | 420,249 | 397,537 | 413,246 | 462,637 | 498,625 | 555,903 | 618,603 | 668,793 | 736,293 | 693,277 | 680,355 | 685,020 | 763,935 | |
22/27 |
329,083 | 216,030 | 255,009 | 332,357 | 368,545 | 420,249 | 397,537 | 413,246 | 462,637 | 498,625 | 555,903 | 618,603 | 668,793 | 736,293 | 693,277 | 680,355 | 685,020 | 763,935 | |
22 |
119,242 | 198,516 | 203,141 | 257,049 | 272,462 | 298,052 | 331,210 | 372,474 | 428,384 | 477,342 | 537,053 | 597,905 | 658,757 | 720,093 | 677,318 | 665,564 | 669,295 | 755,962 | |
23 |
169,047 | - | 42,415 | 57,849 | 69,314 | 92,273 | 41,753 | 32,497 | 28,530 | 13,370 | 5,813 | 1,742 | 3,791 | 6,930 | 11,211 | 11,484 | 5,090 | 5,708 | |
24 |
40,794 | 17,514 | 9,454 | 17,459 | 26,769 | 29,923 | 24,574 | 8,275 | 5,722 | 7,913 | 13,037 | 18,956 | 6,245 | 9,270 | 4,748 | 3,307 | 10,635 | 2,265 | |
28 |
4,400 | 4,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
287,567 | 252,733 | 239,258 | 331,178 | 331,673 | 297,160 | 411,083 | 334,247 | 350,311 | 384,137 | 351,859 | 372,910 | 397,151 | 458,431 | 486,130 | 199,695 | 194,962 | 157,875 | |
3 |
85,034 | - | 143,721 | 181,000 | 185,190 | 146,440 | 145,145 | 151,868 | 133,174 | 146,503 | 118,540 | 114,760 | 134,120 | 144,761 | 191,631 | 94,321 | 97,783 | 94,812 | |
30/36 |
85,034 | - | 143,721 | 181,000 | 185,190 | 146,440 | 145,145 | 151,868 | 133,174 | 146,503 | 118,540 | 114,760 | 134,120 | 144,761 | 191,631 | 94,321 | 97,783 | 94,812 | |
40/41 |
52,529 | 34,805 | 31,177 | 43,464 | 19,826 | 20,406 | 26,223 | 61,411 | 96,921 | 104,386 | 129,245 | 119,512 | 172,513 | 146,030 | 169,606 | 33,823 | 44,483 | 36,326 | |
40 |
42,675 | - | 19,357 | 23,602 | 5,165 | 3,328 | 11,523 | 27,835 | 61,091 | 73,960 | 94,984 | 89,962 | 122,322 | 98,555 | 120,950 | 11,503 | 13,509 | 21,642 | |
41 |
9,854 | 34,805 | 11,819 | 19,862 | 14,661 | 17,078 | 14,699 | 33,576 | 35,830 | 30,426 | 34,261 | 29,550 | 50,190 | 47,475 | 48,656 | 22,320 | 30,974 | 14,684 | |
54/58 |
139,044 | 202,928 | 53,337 | 80,952 | 97,447 | 121,628 | 227,901 | 102,383 | 102,088 | 124,573 | 93,840 | 124,247 | 77,340 | 150,720 | 112,268 | 63,835 | 47,587 | 26,737 | |
490/1 |
10,960 | 15,000 | 11,023 | 25,763 | 29,210 | 8,685 | 11,815 | 18,584 | 18,128 | 8,675 | 10,234 | 14,392 | 13,179 | 16,920 | 12,625 | 7,716 | 5,110 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
621,050 | 473,162 | 494,267 | 663,536 | 700,218 | 717,409 | 808,620 | 747,493 | 812,948 | 882,762 | 907,762 | 991,514 | 1.1m | 1.2m | 1.2m | 880,050 | 879,982 | 921,810 | |
10/15 |
247,296 | 243,717 | 152,401 | 186,621 | 184,145 | 192,337 | 185,455 | 108,740 | 91,046 | 82,108 | 66,789 | 55,762 | 40,744 | 26,913 | 21,064 | 12,795 | 10,401 | 7,729 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
10 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
172,505 | 184,903 | 85,457 | 85,457 | 85,457 | 85,457 | 78,575 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,651 | 959 | 667 | 253 | 134 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,651 | 959 | 667 | 253 | 134 | - | |
132 |
87,047 | 99,445 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
83,597 | 83,597 | 83,597 | 83,597 | 83,597 | 83,597 | 76,715 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
56,192 | 40,214 | 48,343 | 82,564 | 80,088 | 88,280 | 88,280 | 88,280 | 70,586 | 61,648 | 46,329 | 35,302 | 20,494 | 7,354 | 1,798 | -6,059 | -8,332 | -10,871 | |
16 |
29,016 | 33,148 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
168 |
29,016 | 33,148 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
344,738 | 196,297 | 341,866 | 476,914 | 516,073 | 525,071 | 623,165 | 638,752 | 721,902 | 800,654 | 840,973 | 935,752 | 1.0m | 1.2m | 1.2m | 867,255 | 869,581 | 914,081 | |
17 |
- | 63,518 | 112,104 | 138,011 | 190,304 | 242,332 | 266,080 | 296,114 | 348,036 | 399,672 | 421,655 | 467,411 | 513,167 | 558,923 | 534,375 | 575,875 | 617,375 | 658,875 | |
170/4 |
- | 63,518 | 112,104 | 138,011 | 190,304 | 242,332 | 266,080 | 296,114 | 348,036 | 399,672 | 421,655 | 467,411 | 513,167 | 558,923 | 534,375 | 575,875 | 617,375 | 658,875 | |
42/48 |
329,738 | 132,779 | 229,230 | 337,975 | 325,507 | 277,940 | 327,016 | 315,559 | 368,669 | 389,475 | 410,409 | 461,242 | 508,980 | 608,888 | 622,144 | 291,298 | 252,095 | 249,751 | |
42 |
- | 48,586 | - | 52,293 | 52,027 | 61,580 | 51,925 | 51,827 | 51,636 | 51,636 | 49,756 | 49,756 | 49,756 | 49,756 | 41,500 | 41,500 | 41,500 | 41,500 | |
43 |
- | - | 56,175 | 25,000 | 25,000 | - | 25,000 | 25,000 | - | - | - | - | - | - | - | - | - | - | |
430/8 |
- | - | - | - | - | - | 25,000 | 25,000 | - | - | - | - | - | - | - | - | - | - | |
439 |
- | - | 56,175 | 25,000 | 25,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
192,930 | 30,515 | 91,349 | 169,199 | 195,167 | 168,091 | 197,961 | 206,422 | 270,860 | 273,555 | 274,228 | 324,930 | 380,835 | 479,936 | 490,968 | 203,057 | 163,882 | 119,463 | |
440/4 |
192,930 | 30,515 | 91,349 | 169,199 | 195,167 | 168,091 | 197,961 | 206,422 | 270,860 | 273,555 | 274,228 | 324,930 | 380,835 | 479,936 | 490,968 | 203,057 | 163,882 | 119,463 | |
45 |
35,797 | 34,452 | 59,936 | 70,609 | 40,350 | 41,074 | 43,175 | 25,503 | 46,173 | 44,491 | 54,924 | 52,308 | 47,104 | 47,839 | 59,402 | 26,921 | 26,893 | 16,240 | |
450/3 |
241 | - | 15,278 | 11,244 | 4,566 | 6,302 | 8,364 | 6,369 | 8,127 | 10,649 | 20,534 | 12,145 | 7,777 | 4,131 | 20,958 | 7,295 | 2,095 | 2,559 | |
454/9 |
35,556 | 34,452 | 44,658 | 59,365 | 35,784 | 34,772 | 34,811 | 19,134 | 38,046 | 33,842 | 34,390 | 40,163 | 39,327 | 43,708 | 38,444 | 19,626 | 24,798 | 13,681 | |
47/48 |
101,010 | 19,227 | 21,770 | 20,873 | 12,963 | 7,194 | 8,955 | 6,807 | - | 19,794 | 31,501 | 34,248 | 31,285 | 31,356 | 30,274 | 19,820 | 19,820 | 72,548 | |
492/3 |
15,000 | - | 532 | 929 | 262 | 4,800 | 30,069 | 27,080 | 5,197 | 11,507 | 8,910 | 7,099 | 3,053 | - | 1,824 | 82 | 111 | 5,454 | |
| Income statement | |||||||||||||||||||
76A |
46,670 | - | - | - | - | - | - | - | - | - | - | - | - | 69 | - | - | 27,889 | 1,034 | |
9900 |
129,672 | 209,268 | 200,252 | 264,321 | 229,840 | 202,343 | 289,298 | 207,365 | 257,389 | 259,306 | 275,557 | 302,217 | 272,764 | 265,745 | 229,803 | 144,252 | 149,630 | 221,948 | |
62 |
29,705 | 24,021 | 135,242 | 164,521 | 133,901 | 88,694 | 78,810 | 83,820 | 138,758 | 132,266 | 145,243 | 152,214 | 148,633 | 150,774 | 121,533 | 52,354 | 90,466 | 95,728 | |
630 |
58,127 | 44,297 | 78,918 | 77,582 | 83,386 | 81,979 | 82,767 | 72,474 | 76,821 | 76,654 | 74,858 | 76,734 | 67,501 | 72,307 | 63,258 | 54,284 | 49,218 | 75,460 | |
640/8 |
29,492 | 8,095 | 6,949 | 5,793 | 6,532 | 6,171 | 6,323 | 6,449 | 7,177 | 6,605 | 12,094 | 25,587 | 7,781 | 6,026 | 4,994 | 5,040 | 3,514 | 3,574 | |
66A |
- | - | - | - | - | - | - | - | - | - | 79 | - | - | - | - | - | - | - | |
9901 |
12,348 | 132,856 | -20,857 | 16,425 | 6,020 | 25,500 | 121,398 | 44,622 | 34,633 | 43,781 | 43,364 | 47,681 | 48,849 | 36,638 | 40,018 | 32,574 | 6,432 | 47,185 | |
75/76B |
3,286 | 63 | 77 | 147 | 141 | 25 | 57 | 161 | 33 | 166 | 270 | 90 | 203 | 1,450 | 992 | - | 186 | 1,044 | |
75 |
3,286 | 63 | 77 | 147 | 141 | 25 | 57 | 161 | 33 | 166 | 270 | 90 | 203 | 1,450 | 992 | - | 186 | 1,044 | |
65/66B |
15,946 | 8,454 | 13,440 | 14,097 | 14,042 | 17,954 | 19,126 | 21,959 | 21,058 | 22,060 | 26,398 | 25,229 | 27,444 | 28,177 | 29,714 | 30,180 | 31,835 | 60,019 | |
65 |
15,946 | 8,454 | 13,440 | 14,097 | 14,042 | 17,954 | 19,126 | 21,959 | 21,058 | 22,060 | 26,398 | 25,229 | 27,444 | 28,177 | 29,714 | 30,180 | 31,835 | 60,019 | |
9903 |
-312 | 124,465 | -34,221 | 2,476 | -7,881 | 7,571 | 102,329 | 22,823 | 13,608 | 21,887 | 17,156 | 22,543 | 21,608 | 9,980 | 11,296 | 2,393 | 2,672 | -10,756 | |
780 |
4,133 | 4,133 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
680 |
- | 37,281 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
67/77 |
241 | - | - | - | 312 | 688 | 25,614 | 5,129 | 4,670 | 6,568 | 6,129 | 7,525 | 7,777 | 4,131 | 3,026 | - | - | 115 | |
9904 |
3,579 | 91,316 | -34,221 | 2,476 | -8,192 | 6,882 | 76,715 | 17,694 | 8,938 | 15,319 | 11,026 | 15,018 | 13,831 | 5,849 | 8,270 | 2,393 | 2,672 | -10,871 | |
789 |
12,398 | 12,398 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | 111,844 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
15,977 | -8,129 | -34,221 | 2,476 | -8,192 | 6,882 | 76,715 | 17,694 | 8,938 | 15,319 | 11,026 | 15,018 | 13,831 | 5,849 | 8,270 | 2,393 | 2,672 | -10,871 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
56,192 | 40,214 | 48,343 | 82,564 | 80,088 | 95,162 | 164,995 | 88,280 | 70,586 | 61,648 | 46,329 | 35,511 | 21,185 | 7,646 | 2,211 | -5,939 | -8,199 | -10,871 | |
14P |
40,214 | 48,343 | 82,564 | 80,088 | 88,280 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 6,882 | 76,715 | - | - | - | - | 209 | 692 | 292 | 413 | 120 | 134 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 209 | 692 | 292 | 413 | 120 | 134 | - | |
6921 |
- | - | - | - | - | 6,882 | 76,715 | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||
9087 |
2.6 | 1 | 4.1 | 4.8 | 4.5 | 3.4 | 1.9 | 2.2 | 4 | 3.6 | 4.6 | 4.6 | 4.8 | 5 | 4.4 | 1.7 | 2.8 | 2.9 | |
Hours worked1013 |
921 | 1,000 | 4,459 | 5,936 | 5,656 | 3,844 | 2,743 | 4,243 | 7,628 | 6,616 | 7,475 | 7,908 | 7,377 | 8,073 | 6,705 | 2,796 | 4,976 | 5,565 | |
| Document | |||||||||||||||||||
The notes to these accounts have 8 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 04-09-2026.
2025 annual accounts filed 35 days after the deadline. Filed on 4 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508731.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 04-09-2026 | 2026-00508731 | |
| 31-12-2024 | abbreviated format | 29-09-2025 | 2025-00518905 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00442570 | |
| 31-12-2022 | abbreviated format | 28-08-2023 | 2023-00411392 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20405383 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-63200208 | |
| 31-12-2019 | abbreviated format | 08-10-2020 | 2020-61000340 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-60900342 | |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-60700599 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-59800385 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-56800383 | |
| 31-12-2014 | abbreviated format | 24-09-2015 | 2015-60200027 | |
| 31-12-2013 | abbreviated format | 28-08-2014 | 2014-56300071 | |
| 31-12-2012 | abbreviated format | 29-08-2013 | 2013-53100569 | |
| 31-12-2011 | abbreviated format | 27-09-2012 | 2012-59300456 | |
| 31-12-2010 | abbreviated format | 30-06-2011 | 2011-25100491 | |
| 31-12-2009 | abbreviated format | 29-07-2010 | 2010-36400105 | |
| 31-12-2008 | abbreviated format | 28-08-2009 | 2009-70300312 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €2,420 | €2,420 |
| 2024 | 1 | €3,326 | €3,326 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 70,475 | 177,152 | 58,061 | 94,007 | 89,407 | 107,479 | 204,165 | 117,096 | 111,454 | 120,435 | 118,221 | 124,415 | 116,349 | 108,945 | 103,276 | 86,858 | 55,650 | 122,645 | ||
| 61,707 | 135,613 | 44,697 | 80,058 | 75,194 | 88,861 | 159,482 | 90,168 | 85,759 | 91,973 | 85,884 | 91,752 | 81,332 | 78,156 | 71,528 | 56,677 | 51,890 | 64,589 | ||
| 250,911 | 110,483 | 1,569 | 41,394 | 34,294 | 104,691 | 68,166 | 23,083 | 40,833 | 19,376 | 12,157 | 26,545 | 0 | 115,324 | 76,180 | 55,900 | 19,735 | 839,395 | ||
| -63,884 | 149,591 | -27,615 | -16,495 | -24,182 | -106,272 | 125,518 | 295 | -22,485 | 30,733 | -30,407 | 46,907 | -73,380 | 38,452 | 48,433 | 16,248 | 20,850 | - | ||
| -42,171 | 119,954 | 10,028 | -6,796 | 6,166 | 19,220 | 84,067 | 18,688 | -18,358 | -5,339 | -58,550 | -88,331 | -111,829 | -150,457 | -136,014 | -91,603 | -57,132 | -91,876 | ||
| 39.8% | 51.5% | 30.8% | 28.1% | 26.3% | 26.8% | 22.9% | 14.5% | 11.2% | 9.3% | 7.4% | 5.6% | 3.8% | 2.3% | 1.8% | 1.5% | 1.2% | 0.8% | ||
| 0.87 | 1.90 | 1.04 | 0.98 | 1.02 | 1.07 | 1.26 | 1.06 | 0.95 | 0.99 | 0.86 | 0.81 | 0.78 | 0.75 | 0.78 | 0.69 | 0.77 | 0.63 | ||
| 0.61 | 1.90 | 0.42 | 0.44 | 0.45 | 0.54 | 0.81 | 0.58 | 0.59 | 0.61 | 0.57 | 0.56 | 0.52 | 0.52 | 0.47 | 0.36 | 0.39 | 0.25 | ||
| 1.39 | 0.81 | 2.24 | 2.56 | 2.80 | 2.73 | 3.36 | 5.87 | 7.93 | 9.75 | 12.59 | 16.78 | 25.16 | 43.39 | 54.99 | 67.78 | 83.60 | - | ||
| 1.4% | 37.5% | -22.5% | 1.3% | -4.4% | 3.6% | 41.4% | 16.3% | 9.8% | 18.7% | 16.5% | 26.9% | 33.9% | 21.7% | 39.3% | 18.7% | 25.7% | -140.7% | ||
| 0.6% | 19.3% | -6.9% | 0.4% | -1.2% | 1.0% | 9.5% | 2.4% | 1.1% | 1.7% | 1.2% | 1.5% | 1.3% | 0.5% | 0.7% | 0.3% | 0.3% | -1.2% | ||
| 4.42 | 20.96 | 4.32 | 6.67 | 6.37 | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | - | 4 | 5 | 5 |
| full-time | 2 | - | 4 | 5 | 4 |
| part-time | - | - | - | - | 1 |
| in full-time equivalents | 2 | - | 4 | 5 | 4.3 |
| 2.6 | 1 | 4.1 | 4.8 | 4.5 | |
| On a permanent contract | 1 | - | 3 | 3 | 3 |
| Joined | 18 | - | 17 | 25 | 21 |
| Left | 19 | - | 18 | 25 | 21 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €250,911 | €106,083 | €1,569 | €41,394 | €34,294 |
| Financial fixed assets | - | €4,400 | - | - | - |
| €58,127 | €44,297 | €78,918 | €77,582 | €83,386 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 91% lower than in 2024.
Debt's share of the balance-sheet total rises from 41.5% to 55.5%. Equity and debt are higher.
DST has no parent and no holdings in its annual accounts. TRAEN Tony Aquilin is the only director. DST shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
DST was incorporated on 6 February 2007.1 The registered office was moved to Damme in 2024.2 TRAEN Tony Aquilin is director of the company according to the deed of 05-01-2024.2 Total assets fell from €747,493 in 2018 to €621,050 in 2025 and headcount from 2.2 to 2.6 full-time equivalents.3
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Stationsstraat 89 registered office 8340 Damme | 14-02-2007 | 2.159.680.155 | Brewery Retailer of food >3 months |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31026C0840/00K002 | 2,490 m² | 1 · 1,308 m² | 8.9 m · 1 |
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