Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
D & S ACTIVITIES from Kaprijke, company number BE0461178085, closed financial year 2025 with a result of € 888,021 after tax. For that financial year D & S ACTIVITIES recorded a gross margin of € 1.4 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 276,420 to € 888,021. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 2.4 million
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 888,021
▲ 221% vs 2024
Profit after tax over the fiscal year.
€ 369,204
▲ € 356,604 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 126,000 paid out
14 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
0.5
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 35,616
▼ 44% 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.
€ 10,481
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 8% vs 2024
€ 186,541 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 20,863
▲ 159% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,081
▼ 70% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 471,092 | € 477,935 | € 668,794 | € 1,383,001 | ▲ 107% |
| Profit after taxes | € 175,613 | € 169,720 | € 276,420 | € 888,021 | ▲ 221% |
| Equity | € 1,428,882 | € 1,508,602 | € 1,640,022 | € 2,402,043 | ▲ 46% |
| Total debts | € 2,724,696 | € 2,957,651 | € 2,718,256 | € 2,501,477 | ▼ 8% |
| Cash | € 54,149 | € 37,179 | € 12,600 | € 369,204 | ▲ € 356,604 |
| Land & buildings | € 3,078,193 | € 2,919,971 | € 2,768,217 | € 2,635,960 | ▼ 5% |
| Retained profit | € 928,882 | € 1,008,602 | € 1,140,022 | € 1,902,043 | ▲ 67% |
| Dividend | € 20,000 | € 90,000 | € 145,000 | € 126,000 | ▼ 13% |
| Bank debt | € 2,603,618 | € 2,406,206 | € 2,216,205 | € 2,032,213 | ▼ 8% |
| Balance sheet total | € 4,153,578 | € 4,466,253 | € 4,358,278 | € 4,903,520 | ▲ 13% |
| Employees (FTE) | - | - | 1 | 0.5 | ▼ 0.5 |
Key figures of D & S ACTIVITIES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to D & S ACTIVITIES?
What happened at D & S ACTIVITIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DIRK INGELS stepped down as director. NBB
- SABINE HUYGHE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 888,021 (▲ 221% vs 2024). Source: NBB ↗
- DIRK INGELS became a director. NBB
- SABINE HUYGHE became a director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 175,613 profit in 2022 to € 888,021 profit in 2025.
Paid € 553,196 in corporate taxes since 2022.
Best year ever: 2025, with € 888,021 profit.
On average € 668,800 of value added per employee in 2024.
Management
Behind D & S ACTIVITIES is INGELS CONSULT. INGELS CONSULT is also behind INGELS ELECTRO-TECHNIEK.
Directors
According to the 2025 annual accounts
DIRK INGELS
Director
since 2020 · until 2026
SABINE HUYGHE
Director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Warande 20
9971 Kaprijke
Bilksken 24
9920 Lievegem
Active since 30 October 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.178.085
- VAT number
- BE 0461.178.085
- Registered office
- Warande 20, 9971 Kaprijke
- Names & denominations
- D & S ACTIVITIES
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 18 July 1997
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
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Elektrische installatie
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Ontwikkeling van residentiële bouwprojecten
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