DSB CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DSB CONSTRUCT is 2.1% (moderate). The 2024 annual accounts show equity of €110k and a net result of €11k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 36375 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+5
Solvency44▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.07 in 2023; short-term debt: 45.7% and cash: 4.8% of total assets), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
18.6%
Return on assets
1.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
84 d late
2023
84 d late
2022
59 d late
2021
18 d late
2020
31 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€110k▲ 11.1%
2023 · €99k
2018: €19k
2019: €36k
2020: €59k
2021: €87k
2022: €97k
2023: €99k
2018 → 2024
Total assets
€592k▲ 20.6%
2023 · €491k
2018: €102k
2019: €121k
2020: €184k
2021: €235k
2022: €459k
2023: €491k
2018 → 2024
Net result
€11k▲ 363%
2023 · €2k
2018: €2k
2019: €17k
2020: €23k
2021: €28k
2022: €10k
2023: €2k
2018 → 2024
Working capital
€46k▲ 171%
2023 · €17k
2018: €7k
2019: €21k
2020: €37k
2021: €71k
2022: €51k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€59k-€87k▲ 48.1%€97k▲ 11.2%€99k▲ 2.5%€110k▲ 11.1%
Operating result€32k-€35k▲ 10.5%€15k▼ 56.6%€10k▼ 36.7%€37k▲ 286%
Net result€23k-€28k▲ 23.5%€10k▼ 65.4%€2k▼ 75.6%€11k▲ 363%
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 2024; 2024 is 286% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €592k
Fixed assets
€276k ▲ 19.9%
Current assets
€316k ▲ 21.3%
Equity and liabilities €592k
Equity
€110k ▲ 11.1%
Debt
€482k ▲ 23.0%
Debt's share of the balance-sheet total rises from 79.8% to 81.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2023 · €30k
Cash flow
€49k▲
2023 · €23k
Current ratio
1.17▲
2023 · 1.07
Debt to equity
4.38▲
2023 · 3.96
ROE
10.0%▲
2023 · 2.4%
ROA
1.9%▲
2023 · 0.5%
Interest coverage
5.63▲
2023 · 5.20
Debt ≤ 1 year
€270k▲
2023 · €244k
Debt > 1 year
€174k▲
2023 · €148k
Income taxes
€13k▲
2023 · €1k
Staff costs
€19k▼
2023 · €20k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€491k€592k▲
Fixed assets21/28€230k€276k▲
Tangible fixed assets22/27€230k€276k▲
Land and buildings22€136k€132k▼
Furniture and vehicles24€94k€144k▲
Financial fixed assets28-€96
Current assets29/58€261k€316k▲
Amounts receivable within one year40/41€230k€288k▲
Trade receivables40€205k€277k▲
Other amounts receivable41€26k€11k▼
Cash at bank and in hand54/58€24k€29k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€491k€592k▲
Equity10/15€99k€110k▲
Contributions10/11€11k€11k=
Profit (loss) carried forward14€88k€99k▲
Amounts payable17/49€392k€482k▲
Amounts payable after more than one year17€148k€174k▲
Financial debts170/4€148k€174k▲
Amounts payable within one year42/48€244k€270k▲
Current portion of amounts payable after more than one year42€28k€39k▲
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€185k€195k▲
Suppliers440/4€185k€195k▲
Taxes, remuneration and social security45€5k€11k▲
Taxes450/3€4k€10k▲
Remuneration and social security454/9€2k€970▼
Other amounts payable47/48€1-
Accrued charges and deferred income492/3-€38k
Income statement
Code20232024
Remuneration, social security and pensions62€20k€19k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€38k▲
Other operating charges640/8€7k€7k▼
Gross operating margin9900€57k€101k▲
Operating profit (loss)9901€10k€37k▲
Financial income75/76B€10€425▲
Recurring financial income75€10€425▲
Financial charges65/66B€6k€13k▲
Recurring financial charges65€6k€13k▲
Profit (loss) for the period before taxes9903€4k€24k▲
Income taxes67/77€1k€13k▲
Profit (loss) for the period9904€2k€11k▲
Profit (loss) for the period to be appropriated9905€2k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€88k€99k▲
Profit (loss) brought forward from the previous period14P€86k€88k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
31-12
Financial
Equity above €100kEq €110k ▲11.1%
7 profitable years in a row build equity to €110k.
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Highest result since 2018net €28k ▲23.5%
Net result €28k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Jans-Molenbeek · 1 establishment unit since 2016
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.
Verheydenstraat 191080 Sint-Jans-MolenbeekGround area
209 m²
Building footprint
209 m²
Volume, LiDAR
1,469 m³
Parcel 21523B0900/00D006, Brussels · tallest building 14.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Verheydenstraat 19, 1080 Sint-Jans-Molenbeek
since 20162.254.299.497
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21523B0900/00D006 | Brussels | 209 m² | 1 · 209 m² | 14.5 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.
Similar companies · same sector, comparable size
Watlet Kevin
BE 0759.999.453
Marche-en-Famenne · Eq €109,809
D & G
BE 0562.805.678
Aalst · Eq €109,527
Firma Steenacker Fr.
BE 0403.690.541
Niel · Eq €110,379
Bezettingswerken Belmans
BE 0784.474.236
Lille · Eq €110,535
BALCAEN LUDOVIC
BE 0890.294.704
Harelbeke · Eq €110,645
Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,491 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 formPrivate limited company
Founded14-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43990Other specialised construction activities
43212Electrical installation work in industrial facilities
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.