DLS
ActiveSummary
DLS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360k and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-4
Solvency55▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.28 in 2024; short-term debt: 64.2% and cash: 0.9% of total assets), and 69.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Eight 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.4%
Return on assets
1.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €360k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
5 d early
2023
4 d early
2022
2 d early
2021
1 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▼ 68.9%
2024 · €51k
2018: €88k
2019: €-103
2020: €-62k
2021: €36k
2022: €97k
2023: €186k
2024: €51k
2018 → 2025
Working capital
€208k▲ 0.7%
2024 · €206k
2018: €-260k
2019: €-266k
2020: €-179k
2021: €-39k
2022: €-173k
2023: €135k
2024: €206k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€107k▲ 887%€294k▲ 173%€344k▲ 17.3%€360k▲ 4.6%
Operating result€107k-€113k▲ 5.8%€214k▲ 88.8%€77k▼ 63.9%€46k▼ 40.7%
Net result€36k-€97k▲ 169%€186k▲ 92.9%€51k▼ 72.8%€16k▼ 68.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 41% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€216k ▼ 31.8%
Current assets
€968k ▲ 2.5%
Equity and liabilities €1.18M
Equity
€360k ▲ 4.6%
Debt
€824k ▼ 10.2%
Debt's share of the balance-sheet total falls from 72.7% to 69.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€200k▼
2024 · €210k
Cash flow
€170k▼
2024 · €183k
Current ratio
1.27▼
2024 · 1.28
Debt to equity
2.29▼
2024 · 2.67
ROE
4.4%▼
2024 · 14.7%
ROA
1.3%▼
2024 · 4.0%
Interest coverage
12.66▼
2024 · 13.72
Debt ≤ 1 year
€760k▲
2024 · €738k
Debt > 1 year
€58k▼
2024 · €164k
Income taxes
€16k▲
2024 · €11k
Staff costs
€2.95M▲
2024 · €2.31M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.26M€1.18M▼
Fixed assets21/28€317k€216k▼
Tangible fixed assets22/27€313k€211k▼
Furniture and vehicles24€65k€65k▲
Leasing and similar rights25€248k€146k▼
Financial fixed assets28€4k€5k▲
Current assets29/58€945k€968k▲
Amounts receivable within one year40/41€912k€923k▲
Trade receivables40€893k€917k▲
Other amounts receivable41€19k€6k▼
Cash at bank and in hand54/58€10k€10k▲
Deferred charges and accrued income490/1€23k€35k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.18M▼
Equity10/15€344k€360k▲
Contributions10/11€508k€508k=
Capital10€508k€508k=
Issued capital100€508k€508k=
Reserves13€159k€159k=
Non-distributable reserves130/1€51k€51k=
Legal reserve130€51k€51k=
Tax-exempt reserves132€108k€108k=
Profit (loss) carried forward14€-322k€-307k▲
Amounts payable17/49€918k€824k▼
Amounts payable after more than one year17€164k€58k▼
Financial debts170/4€164k€58k▼
Amounts payable within one year42/48€738k€760k▲
Current portion of amounts payable after more than one year42€82k€85k▲
Financial debts43€76k€44k▼
Credit institutions430/8€76k€44k▼
Trade debts44€230k€234k▲
Suppliers440/4€230k€234k▲
Taxes, remuneration and social security45€351k€397k▲
Taxes450/3€69k€88k▲
Remuneration and social security454/9€282k€309k▲
Other amounts payable47/48€80€80=
Accrued charges and deferred income492/3€15k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€12k€0▼
Remuneration, social security and pensions62€2.31M€2.95M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€154k▲
Other operating charges640/8€252k€302k▲
Non-recurring operating charges66A€476€12k▲
Gross operating margin9900€2.78M€3.47M▲
Operating profit (loss)9901€77k€46k▼
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€15k€16k▲
Recurring financial charges65€15k€16k▲
Profit (loss) for the period before taxes9903€62k€31k▼
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€51k€16k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€51k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-322k€-307k▲
Profit (loss) brought forward from the previous period14P€-373k€-322k▲
Social balance
Average headcount (FTE)908740.939.7▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Highest result since 2018net €186k ▲92.9%
Operating result €214k, net result €186k, both a record.
30-09
Financial
Equity above €200kEq €294k ▲173%
3 profitable years in a row build equity to €294k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-09
Financial
Equity above €100kEq €107k ▲887%
2 profitable years in a row build equity to €107k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 49 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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, Brussel · 2 establishment units since 1993
Ground area
1.3 ha
Building footprint
1.1 ha
Volume, LiDAR
205,109 m³
2 parcels, Brussels, Flanders · tallest building 44.7 m, ±8 floors. Linked by address, not a title deed.
261
companies at this address
See who is registered here
2 establishment units
DLS
since 19932.060.305.041
DLS
since 20132.226.977.369
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0900/00E002 | Brussels | 6,828 m² | 1 · 7,874 m² | 44.7 m · 8 fl. |
| 23053B0228/00E002indicative | Flanders | 6,140 m² | 1 · 3,330 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 45,743 EUR awarded · 45,400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 812 EUR | 812 EUR |
| 2024 | 1 | 1,841 EUR | 1,498 EUR |
| 2023 | 2 | 42,586 EUR | 42,586 EUR |
| 2022 | 1 | 504 EUR | 504 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAsse2.226.977.369
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Deinze · Eq €360,158
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,060 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
70200Business and other management consultancy
52250Logistics services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.