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DUSAR CONSULTING

Active
Private limited companyfounded 2024active for 2 yearsKerkveldstraat 42, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 1014.591.195

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 02-06-2026 at the NBB

Turnover
≈ €26,000
Estimated: probably between €12,000 and €52,000
Total assets
€37,337
Net result
€1,343
Working capital
€3,464

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €37,337
Fixed assets €879
Current assets €36,458
Equity and liabilities €37,337
Equity €4,343
Debt €32,993
Debt's share of the balance-sheet total is 88.4%.
Key figures and ratios
2025 value
EBITDA
€5,145
Cash flow
€1,629
Current ratio
1.11
Debt to equity
7.60
ROE
30.9%
ROA
3.6%
Interest coverage
73.60
Debt ≤ 1 year
€32,993
Income taxes
€3,461

Investments

fixed assets acquired
Item2025
Tangible fixed assets€1,164
Depreciation and write-downs of the year€286

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€37,337
Fixed assets21/28€879
Tangible fixed assets22/27€879
Plant, machinery and equipment23€879
Current assets29/58€36,458
Cash at bank and in hand54/58€28,170
Deferred charges and accrued income490/1€8,288
Equity and liabilities
Total equity and liabilities10/49€37,337
Equity10/15€4,343
Contributions10/11€3,000
Reserves13€1,343
Distributable reserves133€1,343
Amounts payable17/49€32,993
Amounts payable within one year42/48€32,993
Trade debts44€7,429
Suppliers440/4€7,429
Taxes, remuneration and social security45€8,082
Taxes450/3€8,082
Other amounts payable47/48€17,483
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286
Other operating charges640/8€366
Gross operating margin9900€5,510
Operating profit (loss)9901€4,859
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€70
Recurring financial charges65€70
Profit (loss) for the period before taxes9903€4,804
Income taxes67/77€3,461
Profit (loss) for the period9904€1,343
Profit (loss) for the period to be appropriated9905€1,343
Appropriation of the result
Profit (loss) to be appropriated9906€1,343
Transfer to equity691/2€1,343
To other reserves6921€1,343

The notes to these accounts have 5 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 02-06-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€286
Other operating charges640/8€366
Gross operating margin9900€5,510
Operating profit (loss)9901€4,859
Financial income75/76B€15
Recurring financial income75€15
Financial charges65/66B€70
Recurring financial charges65€70
Profit (loss) for the period before taxes9903€4,804
Income taxes67/77€3,461
Profit (loss) for the period9904€1,343
Profit (loss) for the period to be appropriated9905€1,343
Line2025
Assets
Total assets20/58€37,337
Fixed assets21/28€879
Tangible fixed assets22/27€879
Plant, machinery and equipment23€879
Current assets29/58€36,458
Cash at bank and in hand54/58€28,170
Deferred charges and accrued income490/1€8,288
Equity and liabilities
Total equity and liabilities10/49€37,337
Equity10/15€4,343
Contributions10/11€3,000
Reserves13€1,343
Distributable reserves133€1,343
Amounts payable17/49€32,993
Amounts payable within one year42/48€32,993
Trade debts44€7,429
Suppliers440/4€7,429
Taxes, remuneration and social security45€8,082
Taxes450/3€8,082
Other amounts payable47/48€17,483
Line2025
Profit (loss) for the period9904€1,343
+ Depreciation and write-downs630€286
Operating cash flow (approximation)€1,629

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

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Historical observation

In July 2024, 2,542 companies had the same profile as DUSAR CONSULTING has now. Two years later, 94.9% were still going and 3.5% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
94.9% was still going
1.2% stopped otherwise
3.5% went bankrupt

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DUSAR CONSULTING itself is lower: 0.1% within 12 months. It rests on far more data about DUSAR CONSULTING than the profile alone.

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 2,542 companies, not a prediction for DUSAR CONSULTING. 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 micro format 02-06-2026 2026-00130873 PDF

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