DSW Consulting
ActiveDSW Consulting has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €-21k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-1
Solvency29▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 2.97 in 2024; short-term debt: 12.1% and cash: 13.2% of total assets), but 96.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 31584 sector peers (2025).
NBB · sector comparisonPosition among 31584 sector peers
Solvency
better than 12%
← 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 08-04-2026, 114 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
114 d early
2024
55 d late
2023
91 d late
2022
25 d early
2021
13 d early
2020
30 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▼ 62.7%
2024 · €238k
2020: €35k
2021: €83k
2022: €196k
2023: €205k
2024: €238k
2020 → 2025
Total assets
€2.31M▼ 5.8%
2024 · €2.46M
2020: €842k
2021: €1.70M
2022: €2.65M
2023: €3.26M
2024: €2.46M
2020 → 2025
Net result
€-21k
2024 · €7k
2020: €25k
2021: €-97k
2022: €-137k
2023: €297k
2024: €7k
2020 → 2025
Working capital
€158k▼ 47.2%
2024 · €300k
2020: €-137k
2021: €135k
2022: €562k
2023: €488k
2024: €300k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€196k▲ 137%€205k▲ 4.5%€238k▲ 16.3%€89k▼ 62.7%
Operating result€-75k-€-116k▼ 55.3%€413k€43k▼ 89.7%€45k▲ 5.2%
Net result€-97k-€-137k▼ 41.6%€297k€7k▼ 97.8%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.31M
Fixed assets
€1.88M▼ 6.4%
Current assets
€438k▼ 3.0%
Equity and liabilities €2.31M
Equity
€89k▼ 62.7%
Debt
€2.22M▲ 0.4%
The debt ratio rises from 90.3% to 96.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€184k▼
2024 · €201k
Cash flow
€118k▼
2024 · €165k
Solvency
3.8%▼
2024 · 9.7%
Current ratio
1.57▼
2024 · 2.97
Quick ratio
1.25▼
2024 · 2.48
Debt / equity
25.00▲
2024 · 9.30
ROE
-23.8%▼
2024 · 2.8%
ROA
-0.9%▼
2024 · 0.3%
Interest coverage
6.31▲
2024 · 5.97
Debt
€2.22M▲
2024 · €2.22M
Debt ≤ 1 year
€280k▲
2024 · €152k
Debt > 1 year
€1.94M▼
2024 · €2.06M
Income taxes
€37k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.46M€2.31M▼
Fixed assets21/28€2.00M€1.88M▼
Tangible fixed assets22/27€2.00M€1.88M▼
Land and buildings22€1.96M€1.84M▼
Furniture and vehicles24€47k€35k▼
Current assets29/58€451k€438k▼
Stocks and contracts in progress3€75k€89k▲
Stocks30/36€75k€89k▲
Amounts receivable within one year40/41€44k€40k▼
Trade receivables40€25k€22k▼
Other amounts receivable41€19k€18k▼
Cash at bank and in hand54/58€330k€306k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.46M€2.31M▼
Equity10/15€238k€89k▼
Contributions10/11€10k€10k=
Revaluation surpluses12€29k€29k=
Reserves13€166k€50k▼
Distributable reserves133€166k€50k▼
Profit (loss) carried forward14€33k-
Amounts payable17/49€2.22M€2.22M▲
Amounts payable after more than one year17€2.06M€1.94M▼
Financial debts170/4€2.06M€1.94M▼
Amounts payable within one year42/48€152k€280k▲
Current portion of amounts payable after more than one year42€130k€123k▼
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45€17k€20k▲
Taxes450/3€17k€17k▲
Remuneration and social security454/9€0€3k▲
Other amounts payable47/48€0€128k▲
Accrued charges and deferred income492/3€721-
Income statement
Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€139k▼
Other operating charges640/8€3k€16k▲
Gross operating margin9900€204k€200k▼
Operating profit (loss)9901€43k€45k▲
Financial income75/76B€6k€253▼
Recurring financial income75€6k€253▼
Financial charges65/66B€34k€29k▼
Recurring financial charges65€34k€29k▼
Profit (loss) for the period before taxes9903€15k€16k▲
Income taxes67/77€8k€37k▲
Profit (loss) for the period9904€7k€-21k▼
Profit (loss) for the period to be appropriated9905€7k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€12k▼
Profit (loss) brought forward from the previous period14P€27k€33k▲
Transfer from equity791/2-€116k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0€128k▲
Return on contributions (dividend)694€0€128k▲
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
Next filing, fiscal year 2026, expected by
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Back to profitnet €297k
Net result €297k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €205k ▲4.5%
Equity rises from €196k to €205k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-137k
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €196k ▲137%
Equity rises from €83k to €196k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 7current ratio 2.40
Current ratio from 0.36 to 2.40; short-term debt falls from €214k to €96k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2021
Resigned as Director
Location & real-estate footprint
Registered office, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2019
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.
La Ganterie(HSH) 216120 Ham-sur-Heure-NalinnesGround area
2,946 m²
Building footprint
226 m²
Volume, LiDAR
997 m³
Parcel 56034A0174/00P002, Wallonia · tallest building 5.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DSW Consulting
since 20192.291.588.673
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56034A0174/00P002 | Wallonia | 2,946 m² | 1 · 226 m² | 5.5 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
8755000U8NNPLNCXOI32
Similar companies · same sector, comparable size
Bureau de Guidance et d'Assistance Multidisciplinaire en Management et en Administration des affaires
BE 0454.235.657
Jalhay · Eq €89k
KRIS & ELSIE @ WORK FOR YOU
BE 0675.867.987
Balen · Eq €89k
Plan BE
BE 0771.908.380
Heusden-Zolder · Eq €89k
J-LINK
BE 0795.672.885
Beersel · Eq €89k
ILOPES
BE 0799.667.604
Leopoldsburg · Eq €89k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
46150Agents in the wholesale of furniture, household goods and hardware
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:david.wyngaert@hotmail.com