Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BDS from Assenede, company number BE0471166216, closed financial year 2025 with a result of € 193,706 after tax. For that financial year BDS recorded a gross margin of € 318,320 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 154,083 to € 193,706. 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 June 22, 2026.
€ 1.7 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 193,706
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 50,772
▲ 158% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.5 million.
People and assets in 2025
€ 70,595
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 139% vs 2024
€ 196,631 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 93,791
▲ € 83,954 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,371
▼ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 255,496 | € 260,185 | € 293,899 | € 318,320 | ▲ 8% |
| Profit after taxes | € 127,977 | € 133,158 | € 154,083 | € 193,706 | ▲ 26% |
| Equity | € 1,235,996 | € 1,369,154 | € 1,523,237 | € 1,716,943 | ▲ 13% |
| Total debts | € 1,585,210 | € 1,390,950 | € 1,190,659 | € 2,296,901 | ▲ 93% |
| Cash | € 28,696 | € 3,368 | € 19,664 | € 50,772 | ▲ 158% |
| Land & buildings | € 2,748,425 | € 2,699,650 | € 2,650,875 | € 3,805,178 | ▲ 44% |
| Retained profit | € 1,003,496 | € 1,136,654 | € 1,290,737 | € 1,484,443 | ▲ 15% |
| Bank debt | € 646,562 | € 567,429 | € 500,740 | € 1,198,478 | ▲ 139% |
| Balance sheet total | € 2,821,207 | € 2,760,104 | € 2,713,896 | € 4,013,844 | ▲ 48% |
Key figures of BDS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BDS?
What happened at BDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 193,706 (▲ 26% vs 2024). Source: NBB ↗
- Luc De Smet became a director. NBB
- Kurt Boelens became a director. NBB
- New establishment in Assenede. KBO
- Start of the company according to the CBE. KBO
In short
From € 127,977 profit in 2022 to € 193,706 profit in 2025.
Paid € 215,876 in corporate taxes since 2022.
Best year ever: 2025, with € 193,706 profit.
Management
Behind BDS are Luc De Smet and Kurt Boelens. Luc De Smet is also behind BOELENS-DE SMET.
Directors
According to the 2025 annual accounts
since 2020
Kurt Boelens
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Landsdijk 10 A
9968 Assenede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.166.216
- VAT number
- BE 0471.166.216
- Registered office
- Landsdijk 10 A, 9968 Assenede
- Names & denominations
- BDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 2000
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden