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S-DS CONSTRUCT

Active Private limited companyfounded 2024active for 2 yearsWijnveld 22, 9240 ZeleKBO/BCE: BE 1007.732.505

Overview

Lifetime

1 annual account with figures
peak €786 (2025)
€786 
peak €123 (2025)
€123 
peak €2,123 (2025)
€2,123 
€28,209 
Board2 names since 2024
2 directorsDE STERCKE Peter Marcel and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025abbreviated format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €7,900 estimated

The abbreviated format states no turnover.

Debts

€28,209 93% of the balance sheet
Suppliers 38%Taxes and wages 9%Other 53%

Position in the sector

€2,123

Less equity than 91% of companies in specialised construction. Sector median €250,541 · 9,969 companies.

2025 accounts filed 30 days after the deadline

Checked score

63
Healthy
Financially stronger than 25% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2025: 1.9% 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.4 percentage points vs 06-2025 08-2025: 2.4%▲ +0.1 percentage points vs 07-2025 09-2025: 2.7%▲ +0.3 percentage points vs 08-2025 10-2025: 2.7%● unchanged vs 09-2025 11-2025: 3.0%▲ +0.3 percentage points vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 2.9%▼ -0.1 percentage points vs 12-2025 02-2026: 3.2%▲ +0.3 percentage points vs 01-2026 03-2026: 3.3%▲ +0.1 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026highest value 05-2026: 3.3%● unchanged vs 04-2026highest value 06-2026: 3.3%● unchanged vs 05-2026highest value 07-2026: 3.3%● unchanged vs 06-2026highest value 08-2026: 3.3%● unchanged vs 07-2026highest value 09-2026: 1.2%▼ -2.1 percentage points vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026lowest value

Financial strength
Weak

32equity 7.0% of total assets
50short-term debt 93.0% · cash 78.1%
39return on assets 0.4%

Score breakdown

raises risk
Founded in 2024
Equity €2,123 (7.0% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.08, cash €23,701
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 43, micro). It does better than 12% of them on solvency, 43% on liquidity and 19% on profitability.

The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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).

Comparable companies, two years later

In July 2024, 2,135 companies had the same profile as S-DS CONSTRUCT has now. Each dot stands for 6 companies, two years later.

92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of S-DS CONSTRUCT itself: 1.2% within 12 months.

Test of the method

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.

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 2,135 companies, not a prediction for S-DS CONSTRUCT. 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.

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 risk
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.08, cash €23,701
NBB · annual accounts
raises risk · Equity €2,123 (7.0% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9967 sector peers (2025).
NBB · sector comparison
Position among 9967 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
30 days late
← 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 2024.
KBO publications

Board and ownership

SP
Director
  • DE STERCKE Peter Marcel 50 sharesdeed of 02-04-2024
  • SPRUYT Peter 50 sharesdeed of 02-04-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1007732505
Incorporation Founding capital of €2,000, 100 shares · Founders: DE STERCKE Peter Marcel and SPRUYT Peter · Appointments: DE STERCKE Peter Marcel (director) and SPRUYT Peter (director) · published on 02-04-2024 · Gazette deed
First establishment Wijnveld 22, Zele
All 4 events

Comparable companies

same main activity, similar in size and age
Company
S-DS CONSTRUCT Zele €30,332 €786 7.0% -
Schrijnwerken Braeckman Oosterzele €31,015 -€17,537 -43.8% -
GR Interieur Ninove €34,288 -€1,266 22.7% -
Schrijnwerken Nick Dierckx Oudenburg €32,079 -€3,942 43.0% -
WINDWART Zaventem €35,161 €1,014 15.1% -
Glasdeurenonline.be Zedelgem €24,806 €1,012 31.9% -
TA Invest Stekene €39,761 -€4,949 38.4% -

These companies have the same main activity as S-DS CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €24,800 and €39,800, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 28-03-2024Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.358.181.5499240 Zele, since 28-03-2024
Financial year end
31 December
Peppol
Reachable since 05-12-2025
Company details

Annual accounts 2025

€786
€123
€2,123
€30,332
Filing
Filed on 30-08-2026
Financials

Insights on S-DS CONSTRUCT

S-DS CONSTRUCT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,123 and a net result of €123.

Its solvency ranks better than 10% of 9,967 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-08-2026, 30 days late
€786
€786
€123
€2,123
7.0%
1.08

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

Turnover ≈ €7,900. Estimated: probably between €4,600 and €16,000.

Balance sheet

balance sheet total €30,332 on 31-12-2025
What the company ownsHow it is paid for

Position in the sector

7.0%

Higher than 10% of 9,967 companies in 2025.

1.08

Higher than 22% of 9,830 companies in 2025.

0.4%

Higher than 24% of 9,899 companies in 2025.

S-DS CONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025
Balance sheet: assets
20/58 30,332
29/58 30,332
3 1,500
30/36 1,500
40/41 5,131
40 803
41 4,328
54/58 23,701
Balance sheet: equity and liabilities
10/49 30,332
10/15 2,123
10/11 2,000
10 2,000
100 2,000
14 123
17/49 28,209
42/48 28,209
44 10,805
440/4 10,805
45 2,404
450/3 2,404
47/48 15,000
Income statement
9900 786
9901 786
75/76B 970
75 970
65/66B 1,551
65 1,551
9903 205
67/77 81
9904 123
9905 123
Appropriation of the result
9906 123
Document PDF

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495214.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 30-08-2026 2026-00495214 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025
2,123
7.0%
1.08
1.02
13.29
5.8%
0.4%

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.

Insights on S-DS CONSTRUCT

Debt's share of the balance-sheet total is 93.0%.

Board & ownership

Board

2 directors, since incorporation
Director
appointed by deed of 02-04-2024
also on the board of 2 other companies
listed in the 2025 annual accounts, filed on 30-08-2026
Director
appointed by deed of 02-04-2024
listed in the 2025 annual accounts, filed on 30-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 02-04-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
SPRUYT Peter
Director
Board
Mandates as a list
  • DE STERCKE Peter Marcel
    • Director, appointed by deed of 02-04-2024, still in office
  • SPRUYT Peter
    • Director, appointed by deed of 02-04-2024, still in office

See the board, name and registered office on a given date →

Control

This company
S-DS CONSTRUCT
Equity €2,123
Profit €123 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€21.23 in 2025
Source
deed of 02-04-2024

Articles of association

deed of 02-04-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of June at 14:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 02-04-2024 ↗

Network & group

No group

S-DS CONSTRUCT has no parent and no holdings in its annual accounts.

At the same address

Wijnveld 22, 9240 Zele · 2 other companies
DE STERCKE P.
establishment since 13-11-2003 · founded in 1998
10 FTE (2025)
0462.897.856
De Stercke Estate
registered office since 13-01-2011
founded in 2011
0832.753.017

Earlier ties

CERTYN - DE STERCKE
via DE STERCKE Peter Marcel, no longer at CERTYN - DE STERCKE · Director · deed of 01-04-2021
founded in 1989
total assets €592,490 (2025)
Jachthondenafrichtingsclub Orion
via SPRUYT Peter, no longer at Jachthondenafrichtingsclub Orion · Director
founded in 2011

Connections & network

2 connected companies
Linked via shared directors
DS CONSTRUCT
via DE STERCKE Peter Marcel · Director (not named in the articles) · deed of 25-05-2023
Founded in 1999 · total assets €2.4m (2025)
→
DE STERCKE P.
via DE STERCKE Peter Marcel · Director · deed of 20-11-2020
Founded in 1998 · 10 FTE (2025)
→

Timeline

Timeline

4 events since 2024
2026
Annual accounts 2025 filed NBBabbreviated format · 30 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1007732505
2024
IncorporationFounding capital of €2,000, 100 shares · Founders: DE STERCKE Peter Marcel and SPRUYT Peter · Appointments: DE STERCKE Peter Marcel (director) and SPRUYT Peter (director) · published on 02-04-20247 points ▸

Open the deed in the Belgian Official Gazette

First establishment Wijnveld 22, Zele

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

Company details

Identity

Enterprise number
1007.732.505
VAT number
BE 1007.732.505
Peppol ID
0208:1007732505
Other Peppol ID
9925:BE1007732505
Legal form
Private limited company
Status
Active, normal situation
Founded
28-03-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of June at 14:00
deed of 02-04-2024 (in Dutch)
Peppol
Reachable since 05-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
S-DS CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-04-2024 (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 02-04-2024 (in Dutch)

Activities

NACEBEL 2025
43320 Joinery installation main activity
Codes under NACEBEL 2008
43320 Joinery installation main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het timmer- en schrijnwerk voor gebouwen; het plaatsen van sloten en ijzerwaren voor bouwwerken; het plaatsen van plastiek deuren en…”
74 activities
  1. Het timmer- en schrijnwerk voor gebouwen; het plaatsen van sloten en ijzerwaren voor bouwwerken; het plaatsen van plastiek deuren en plinten; het plaatsen van houten vensterluiken en van luiken van plastiek; het leggen van parketvloeren en alle andere houten bedekkingen van muren en vloeren; het plaatsen van schutsels en valse zoldering in hout; het plaatsen van ijzerwerk,metalen vensterluiken en metalen schrijnwerk,evenals het plaatsen van roosters,intrekbare en rollende deuren van buitenrolluiken; het bedekken van muren en zolderingen door het aanbrengen van metalen elementen.
  2. Omvat alle niet elders bedoelde werkzaamheden,die niet bijkomstig zijn aan of voortvloeien uit een elders bedoelde hoofdwerkzaamheid.
  3. Keukens- en badkamerinrichtingen.
  4. Winkelinrichtingen en standenbouw.
  5. Het verschaffen van persoonlijke leningen aan de bestuurders.
  6. De vervaardiging van balken,liggers,kepers.
  7. Vervaardiging artikelen van hout (bouw).
  8. Vervaardiging van meubelen.
  9. Alle aannemingen van opritten in alle materialen.
  10. Alle aannemingen inzake vloer- en wandtegels.
  11. Het plaatsen,herstel en onderhoud van elke elektrische installatie.
  12. Het plaatsen,herstel en onderhoud van alle sanitaire installaties,verwarming en klimatisatie.
  13. Alle aannemingen van lood- en zinkwerken,metalen en niet-metalen dakbedekkingen van gebouwen.
  14. Het verwerven,bouwen,verbouwen en uitrusten van onroerende goederen met het oog op de verkoop,wederverkoop of beheer.
  15. De groot- en kleinhandel in alle goederen,toestellen en toebehoren die verband houden met de verwezenlijking van de activiteit van de vennootschap.
  16. Gevel reinigen door middel van zandstralen met behulp van stoom,enzovoort.
  17. Aanleggen en onderhouden van tuinen,parken en het groene gedeelte van sportvelden.
  18. Het grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven.
  19. De aanleg van waterdistributienetten en rioleringen.
  20. De bouw van autowegen,straten en andere wegen en paden voor voertuigen en voetgangers (inclusief het plaatsen van vangrails).
  21. De bouw van speel- en sportterreinen,zwembaden,enzovoort.
  22. Handelsbemiddeling in hout en bouwmaterialen.
  23. Het toezien op de bouwwerkzaamheden (ruwbouw,installatie,afwerking…).
  24. Het uitvoeren van studies en het verlenen van advies in verband met stedenbouwkundige planning en landschapsarchitectuur.
  25. Het aanleggen van in- en uitritten,aan- en opritten in kasseien en klinkers,voegwerken,laswerken,geringe veranderingswerken en herstellingswerken aan gebouwen die tot andere beroepswerkzaamheden behoren,opvoegen en aanleggen van onderlagen van mortel en chapewerken.
  26. Het ruimen van bouwterreinen.
  27. Het grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen.
  28. Het uitvoeren van diverse werkzaamheden onder water.
  29. Onderneming voor het vlechten van ijzer en aanbrengen van bekisting.
  30. Het aanbrengen in gebouwen en andere bouwwerken van: - thermisch isolatiemateriaal – isolatiemateriaal tegen geluid en trillingen.
  31. Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden.
  32. Schoorsteenvegen en het schoonmaken van vuurplaatsen,kachels,ovens,ketels van centrale verwarming,ventilatiekanalen en uitlaatsystemen.
  33. Handelsbemiddeling in sanitaire artikelen.
  34. Handelsbemiddeling in loodgietersmateriaal,elektrisch installatiemateriaal voor huishoudelijk gebruik en verwarmingsinstallaties.
  35. Vervaardiging van meet-,controle- en navigatie-instrumenten en -apparatuur.
  36. Informatica en aanverwante activiteiten.
  37. Ventilatietechnieken.
  38. Mechanisch onderhoud.
  39. Alarm en camera beveiliging.
  40. Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden.
  41. Bouwrijp maken van terreinen.
  42. Aanleg van leidingen voor vervoer en distributie van elektrische energie.
  43. Installatie van stores en zonneschermen.
  44. Installatie van al dan niet verplaatsbare tussenwanden,de bekleding van wanden,plafonds,enzovoort in metaal.
  45. Diensten in verband met de landbouw,aanleg en onderhoud van tuinen en parken.
  46. Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort… in metaal.
  47. Plaatsen van tussenwanden van gipsplaten.
  48. Standenbouw.
  49. Overige werkzaamheden in verband met de afwerking van gebouwen.
  50. Onderneming voor het monteren van niet-zelf vervaardigde metalen constructiewerken.
  51. Onderneming voor het optrekken en afbreken van steigers en werkplatforms.
  52. Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
  53. Het verlenen van krediet aan de bestuurders of aandeelhouders.
  54. Administratieve en ondersteunende activiteiten ten behoeve van kantoren en overige zakelijke activiteiten.
  55. Handelsbemiddeling in meubelen,huishoudelijke artikelen en ijzerwaren.
  56. Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren.
  57. Diverse administratieve activiteiten ten behoeve van kantoren.
  58. Callcenters.
  59. Alle dienstprestaties van economische aard.
  60. Het verstrekken van adviezen en consulting,hiertoe behoren onder meer het verstrekken van advies en consulting,zowel op het gebied van administratie,organisatie,management,financiën,marketing,vertalingen,juridische zaken en alle aanverwante vraagstukken.
  61. Aannemingswerk als plafoneerder en cementbewerker van binnen- en buitenpleisterwerk,het reinigen en renoveren van gevels.
  62. Gevelreiniging.
  63. Gevelreiniging door middel van zandstralen,met behulp van stoom,enzovoort.
  64. Onderneming voor het uitvoeren van voegwerken.
  65. Onderneming voor het bouwen van funderingen,inclusief heien.
  66. Reinigen van het interieur van allerlei gebouwen: kantoren,fabrieken,werkplaatsen,allerlei commerciële gebouwen,appartementsgebouwen,enzovoort.
  67. Vervaardiging van geprefabriceerde gebouwen,overwegend van metaal: bouwketen,modulaire tentoonstellingselementen,telefooncellen,enzovoort.
  68. Aanleg van telecommunicatielijnen en -netten.
  69. Onderneming voor de installatie van de bedrading van telefooninstallaties en computersystemen.
  70. Isolatiewerkzaamheden.
  71. Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen.
  72. Isolatie van koelkamers en -pakhuizen.
  73. Onderneming voor de installatie van antennes en bliksemafleiders.
  74. Schilderen van schepen en boten door niet-gespecialiseerde eenheden.
deed of 02-04-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Wijnveld 22 registered office 9240 Zele 28-03-2024 2.358.181.549

Buildings and parcels at the address

Ground area
1,179 m²
Buildings
541 m²
Volume, LiDAR
3,226 m³
Tallest building
6.8 m
Buildings to scale, each on its own parcel
540 m², 6.8 m 540 m², 6.8 m

Location

registered office establishment The establishment unit on the map
3 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
42028A1293/00F0001,179 m² 1 · 540 m² 6.8 m · 2

Contact

E-mail peter.spruyt@s-dsconstruct.be
Phone +32 475 50 52 25

Invoicing and payment

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 1007.732.505