Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DS-ENGINEERING from Antwerpen, company number BE0422211997, closed financial year 2025 with a result of € -79,278 after tax. For that financial year DS-ENGINEERING recorded a gross margin of € -67,330 and equity of € -738,250. Compared with financial year 2024, the result moved from € -66,292 to € -79,278. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 3, 2026.
€ -738,250
▼ € 79,278 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -79,278
▼ 20 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,212
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1 million.
People and assets in 2025
€ 2,740
▲ 63% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 58,427
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 191
▼ 97% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 569,229 | € 16,511 | € -49,419 | € -67,330 | ▼ € 17,911 |
| Profit after taxes | € 3,304 | € -969,481 | € -66,292 | € -79,278 | ▼ € 12,986 |
| Equity | € 376,802 | € -592,679 | € -658,971 | € -738,250 | ▼ € 79,278 |
| Total debts | € 1,309,708 | € 1,153,686 | € 951,157 | € 860,042 | ▼ 10% |
| Cash | € 11,315 | € 116,808 | € 60,120 | € 1,212 | ▼ 98% |
| Retained profit | € 66,802 | € -902,679 | € -968,971 | € -1,048,250 | ▼ € 79,278 |
| Bank debt | € 873,902 | € 348,035 | € 123,963 | € 0 | ▼ 100% |
| Balance sheet total | € 1,686,510 | € 561,007 | € 292,186 | € 121,792 | ▼ 58% |
| Employees (FTE) | 6.7 | 7.2 | - | - |
Key figures of DS-ENGINEERING, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DS-ENGINEERING?
What happened at DS-ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Harry Theodoor De Smet stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 79,278. Source: NBB ↗
- Harry Theodoor De Smet became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,304 profit in 2021 to € 79,278 loss in 2025.
Paid € 641 in corporate taxes since 2021.
Best year ever: 2021, with € 3,304 profit.
On average € 2,300 of value added per employee in 2023.
A new publication or filing at DS-ENGINEERING? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of KDM Management comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DS-ENGINEERINGThe shares are held by KDM Management (53%).
Directors
According to the 2025 annual accounts
Harry Theodoor De Smet
Director
since 2022 · until 2027
Shareholders
53%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Desguinlei 200
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.211.997
- VAT number
- BE 0422.211.997
- Registered office
- Desguinlei 200, 2018 Antwerpen
- Names & denominations
- DS-ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1981
- Peppol
- Active · Active since 18 Nov 2024
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