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DST

Active
Private limited companyfounded 200917 yrs activeDaknammolenstraat 43, 9160 Lokeren, BelgiumKBO/BCE: BE 0809.430.257

DST has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.39M and a net result of €243k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+4
Solvency68▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.66 in 2024; short-term debt: 30% and cash: 7.7% of total assets), and 57% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43%
Return on assets
7.5%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
23 d early
2023
43 d early
2022
23 d early
2021
25 d early
2020
32 d early
2019
43 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€1.39M▲ 21.2%
2024 · €1.15M
2018: €827k 2019: €569k 2020: €689k 2021: €692k 2022: €906k 2023: €965k 2024: €1.15M
2018 → 2025
Total assets
€3.24M▲ 41.9%
2024 · €2.28M
2018: €924k 2019: €933k 2020: €778k 2021: €2.63M 2022: €2.53M 2023: €2.56M 2024: €2.28M
2018 → 2025
Net result
€243k▲ 32.9%
2024 · €183k
2018: €122k 2019: €77k 2020: €120k 2021: €2k 2022: €214k 2023: €47k 2024: €183k
2018 → 2025
Working capital
€-519k▼ 140%
2024 · €-216k
2018: €813k 2019: €263k 2020: €372k 2021: €252k 2022: €-476k 2023: €-385k 2024: €-216k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€692k-€906k▲ 31.0%€965k▲ 6.5%€1.15M▲ 19.0%€1.39M▲ 21.2%
Operating result€660-€338k▲ 51,032%€153k▼ 54.8%€326k▲ 114%€419k▲ 28.2%
Net result€2k-€214k▲ 8,643%€47k▼ 78.2%€183k▲ 292%€243k▲ 32.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €660€660Net result 2021: €2k€2kOperating result 2022: €338k€338kNet result 2022: €214k€214kOperating result 2023: €153k€153kNet result 2023: €47k€47kOperating result 2024: €326k€326kNet result 2024: €183k€183kOperating result 2025: €419k€419kNet result 2025: €243k€243k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 28% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.24M
Fixed assets €2.78M▲ 50.2%
Current assets €453k▲ 5.7%
Equity and liabilities €3.24M
Equity €1.39M▲ 21.2%
Debt €1.84M▲ 62.8%
The debt ratio rises from 49.7% to 57.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€614k
2024 · €401k
Cash flow
€438k
2024 · €257k
Solvency
43.0%
2024 · 50.3%
Current ratio
0.47
2024 · 0.66
Quick ratio
0.47
2024 · 0.66
Debt / equity
1.33
2024 · 0.99
ROE
17.5%
2024 · 16.0%
ROA
7.5%
2024 · 8.0%
Interest coverage
8.82
2024 · 5.47
Debt
€1.84M
2024 · €1.13M
Debt ≤ 1 year
€972k
2024 · €645k
Debt > 1 year
€871k
2024 · €488k
Income taxes
€106k
2024 · €71k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.28M€3.24M
Fixed assets21/28€1.85M€2.78M
Tangible fixed assets22/27€1.85M€2.78M
Land and buildings22€1.81M€2.75M
Furniture and vehicles24€40k€29k
Current assets29/58€429k€453k
Amounts receivable within one year40/41€277k€187k
Trade receivables40€277k€154k
Other amounts receivable41€2€32k
Cash at bank and in hand54/58€137k€250k
Deferred charges and accrued income490/1€14k€17k
Equity and liabilities
Total equity and liabilities10/49€2.28M€3.24M
Equity10/15€1.15M€1.39M
Contributions10/11€19k€19k=
Reserves13€1.13M€1.37M
Distributable reserves133€1.13M€1.37M
Amounts payable17/49€1.13M€1.84M
Amounts payable after more than one year17€488k€871k
Financial debts170/4€488k€871k
Amounts payable within one year42/48€645k€972k
Current portion of amounts payable after more than one year42€76k€107k
Financial debts43€36k€35k
Other loans439€36k€35k
Trade debts44€5k€267k
Suppliers440/4€5k€267k
Advances received on contracts in progress46€175k€175k=
Taxes, remuneration and social security45€44k€52k
Taxes450/3€44k€52k
Other amounts payable47/48€308k€336k
Accrued charges and deferred income492/3€929€2k
Income statement Code20242025
Non-recurring operating income76A€145k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€195k
Other operating charges640/8€5k€3k
Non-recurring operating charges66A€0-
Gross operating margin9900€406k€617k
Operating profit (loss)9901€326k€419k
Financial income75/76B€634€0
Recurring financial income75€634€0
Financial charges65/66B€73k€70k
Recurring financial charges65€73k€70k
Profit (loss) for the period before taxes9903€254k€349k
Income taxes67/77€71k€106k
Profit (loss) for the period9904€183k€243k
Profit (loss) for the period to be appropriated9905€183k€243k
Appropriation of the result
Profit (loss) to be appropriated9906€183k€243k
Transfer to equity691/2€183k€243k
To contributions691€183k€143k
To other reserves6921€0€100k
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
01-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2018net €243k ▲32.9%
Operating result €419k, net result €243k, both a record.
07-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial Equity above €1MEq €1.15M ▲19%
7 profitable years in a row build equity to €1.15M.
18-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-04
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial Weakest financial yearnet €2k ▼98%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Liquidity triplescurrent ratio 5.80
Current ratio from 1.78 to 5.80; short-term debt falls from €340k to €78k.
18-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Lokeren · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Daknammolenstraat 439160 Lokeren
Ground area
2,591 m²
Building footprint
292 m²
Volume, LiDAR
1,964 m³
Parcel 46014A0014/00T000, Flanders · tallest building 17.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DST
Daknammolenstraat 43, 9160 LokerenConstruction of roads and motorways
since 20092.179.275.838
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46014A0014/00T000 Flanders 2,591 m² 1 · 292 m² 17.7 m · 2 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

Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 3,921 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded29-01-2009
Fiscal year end30-09
Activities, NACEBEL
82990Other business support services
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.