Summary
The computed 12-month bankruptcy probability of DES-SA is 3.5% (moderate). The 2024 annual accounts show equity of €1k and a net result of €-667. Its solvency ranks better than 52% of 15865 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Axes, FY 2024
Profitability2
Solvency66
Growth-
Track record79
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
27 mo
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 →
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 02-04-2025, 61 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 · 1 filingDeviation from the deadline
2024
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1k
Total assets
€3k
Net result
€-667
Working capital
€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €3k
Equity
€1k
Debt
€2k
Debt finances 58.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€11
Cash flow
€-62
Interest coverage
0.24
Debt ≤ 1 year
€2k
Income taxes
€28
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Filed annual accounts As filed with the NBB · 2024 · 27 lines
Balance sheet
Code2024
Assets
Total assets20/58€3k
Current assets29/58€3k
Amounts receivable within one year40/41€373
Other amounts receivable41€373
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€439
Equity and liabilities
Total equity and liabilities10/49€3k
Equity10/15€1k
Contributions10/11€2k
Profit (loss) carried forward14€-667
Amounts payable17/49€2k
Amounts payable within one year42/48€2k
Trade debts44€986
Suppliers440/4€986
Taxes, remuneration and social security45€896
Taxes450/3€896
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€605
Other operating charges640/8€1k
Gross operating margin9900€1k
Operating profit (loss)9901€-594
Financial charges65/66B€45
Recurring financial charges65€45
Profit (loss) for the period before taxes9903€-639
Income taxes67/77€28
Profit (loss) for the period9904€-667
Profit (loss) for the period to be appropriated9905€-667
Appropriation of the result
Profit (loss) to be appropriated9906€-667
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €605 |
| Other operating charges640/8 | €1k |
| Gross operating margin9900 | €1k |
| Operating profit (loss)9901 | €-594 |
| Financial charges65/66B | €45 |
| Recurring financial charges65 | €45 |
| Profit (loss) for the period before taxes9903 | €-639 |
| Income taxes67/77 | €28 |
| Profit (loss) for the period9904 | €-667 |
| Profit (loss) for the period to be appropriated9905 | €-667 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €3k | |
| Current assets29/58 | €3k | |
| Amounts receivable within one year40/41 | €373 | |
| Other amounts receivable41 | €373 | |
| Cash at bank and in hand54/58 | €2k | |
| Deferred charges and accrued income490/1 | €439 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €3k | |
| Equity10/15 | €1k | |
| Contributions10/11 | €2k | |
| Profit (loss) carried forward14 | €-667 | |
| Amounts payable17/49 | €2k | |
| Amounts payable within one year42/48 | €2k | |
| Trade debts44 | €986 | |
| Suppliers440/4 | €986 | |
| Taxes, remuneration and social security45 | €896 | |
| Taxes450/3 | €896 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €-667 |
| + Depreciation and write-downs630 | €605 |
| Operating cash flow (approximation) | €-62 |
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
2025
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Kortemark · 1 establishment unit since 2023
Ground area
3,077 m²
Building footprint
168 m²
Volume, LiDAR
780 m³
Parcel 32027A0553/00T000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DES-SA
since 20232.346.426.535
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32027A0553/00T000 | Flanders | 3,077 m² | 1 · 168 m² | 7.7 m · 2 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.
Similar companies · same sector, comparable size
Alpha Import & Export
BE 0750.943.712
Bree · Eq €1,311
INTERNATIONAL PETROLEUM TRADING
BE 1003.242.096
Mettet · Eq €1,246
FERTISOL
BE 0476.681.556
Zoutleeuw · Eq €963
Fertigro
BE 0715.703.909
Keerbergen · Eq €1,960
Steelwire International
BE 0748.538.211
Pajottegem · Eq €881
Of 537 companies in sector 46120 we hold annual accounts for 304. 31 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
Founded23-06-2023
Fiscal year end30-06
Activities, NACEBEL 2025
46120Wholesale trade
70200Business and other management consultancy
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.