DUSTHER
ActiveSummary
DUSTHER has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 95% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 84.76 against 85.58 in 2024; short-term debt: 1.2% and cash: 57.5% of total assets), and 1.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Sector 68
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
98.8%
Return on assets
-1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 10 filingsDeviation from the deadline
2025
21 d late
2024
1 d early
2023
54 d late
2022
49 d early
2021
34 d early
2020
22 d early
2019
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-4k▼ 11.4%
2024 · €-4k
2018: €20k
2019: €-2k
2020: €20k
2021: €8k
2022: €-5k
2023: €-4k
2024: €-4k
2018 → 2025
Working capital
€410k▼ 1.0%
2024 · €414k
2018: €499k
2019: €398k
2020: €418k
2021: €426k
2022: €421k
2023: €418k
2024: €414k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€427k-€421k▼ 1.2%€418k▼ 0.9%€414k▼ 0.9%€410k▼ 1.0%
Operating result€12k-€-5k€-4k▲ 26.7%€-4k▲ 3.9%€-4k▼ 12.9%
Net result€8k-€-5k€-4k▲ 27.0%€-4k▲ 1.8%€-4k▼ 11.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €415k
Equity
€410k ▼ 1.0%
Debt
€5k =
Debt's share of the balance-sheet total stays at 1.2%.
Key figures and ratios
Current ratio
84.76▼
2024 · 85.58
Quick ratio
52.08▼
2024 · 52.91
Debt to equity
0.01▲
2024 · 0.01
ROE
-1.0%▼
2024 · -0.9%
ROA
-1.0%▼
2024 · -0.9%
Debt ≤ 1 year
€5k=
2024 · €5k
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 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€419k€415k▼
Current assets29/58€419k€415k▼
Stocks and contracts in progress3€160k€160k=
Stocks30/36€160k€160k=
Amounts receivable within one year40/41€17k€17k▼
Other amounts receivable41€17k€17k▼
Cash at bank and in hand54/58€242k€238k▼
Equity and liabilities
Total equity and liabilities10/49€419k€415k▼
Equity10/15€414k€410k▼
Contributions10/11€374k€374k=
Reserves13€53k€53k=
Non-distributable reserves130/1€37k€37k=
Reserves not available under the articles1311€37k€37k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-12k€-16k▼
Amounts payable17/49€5k€5k=
Amounts payable within one year42/48€5k€5k=
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Other operating charges640/8€345€345=
Gross operating margin9900€-3k€-4k▼
Operating profit (loss)9901€-4k€-4k▼
Financial charges65/66B€99€58▼
Recurring financial charges65€99€58▼
Profit (loss) for the period before taxes9903€-4k€-4k▼
Profit (loss) for the period9904€-4k€-4k▼
Profit (loss) for the period to be appropriated9905€-4k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-16k▼
Profit (loss) brought forward from the previous period14P€-9k€-12k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
31-12
Financial
Liquidity times 12current ratio 86.32
Current ratio from 7.49 to 86.32; short-term debt falls from €65k to €5k.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k ▼163%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 7.24
Current ratio from 2.83 to 7.24; short-term debt falls from €273k to €64k.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
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, Chapelle-lez-Herlaimont · 1 establishment unit since 2011
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.
Rue de La Hestre 467160 Chapelle-lez-HerlaimontGround area
179 m²
Building footprint
59 m²
Parcel 52010C0008/00G019, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de La Hestre 46, 7160 Chapelle-lez-Herlaimont
since 20112.196.497.692
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52010C0008/00G019 | Wallonia | 179 m² | 1 · 59 m² | - |
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
Altis
BE 0808.170.643
Gent · Eq €410,016
AY PRO REAL ESTATE
BE 0793.757.334
Vilvoorde · Eq €410,259
LLYTANA
BE 0414.885.133
Affligem · Eq €409,967
ALKONSEB
BE 0822.356.694
Middelkerke · Eq €410,317
LEMCO
BE 0417.543.428
Affligem · Eq €410,345
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 4,901 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 (pre-2019)
Founded21-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.