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 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DHS CONSTRUCTIONS from Walhain, company number BE0471774148, closed financial year 2025 with a result of € 3,891 after tax. For that financial year DHS CONSTRUCTIONS recorded a gross margin of € 57,015 and equity of € 86,676. Compared with financial year 2024, the result moved from € 16,700 to € 3,891. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 86,676
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,891
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 16,068
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 115,227
▲ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 89,358
▲ 31% vs 2024
€ 23,269 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,239
▲ € 1,746 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 675
▲ 138% 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 | € 47,688 | € 75,757 | € 57,600 | € 57,015 | ▼ 1% |
| Profit after taxes | € 15,505 | € 31,055 | € 16,700 | € 3,891 | ▼ 77% |
| Equity | € 55,030 | € 86,085 | € 92,785 | € 86,676 | ▼ 7% |
| Total debts | € 48,262 | € 59,011 | € 72,738 | € 107,690 | ▲ 48% |
| Cash | € 6,615 | € 14,055 | € 8,157 | € 16,068 | ▲ 97% |
| Land & buildings | - | - | € 34,060 | € 32,869 | ▼ 3% |
| Retained profit | € 36,438 | € 67,493 | € 74,193 | € 68,084 | ▼ 8% |
| Dividend | € 0 | € 0 | € 10,000 | € 10,000 | |
| Bank debt | € 27,210 | € 44,655 | € 68,081 | € 89,358 | ▲ 31% |
| Balance sheet total | € 103,292 | € 145,096 | € 165,523 | € 194,366 | ▲ 17% |
Key figures of DHS CONSTRUCTIONS, 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 DHS CONSTRUCTIONS?
What happened at DHS CONSTRUCTIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,891 (▼ 77% vs 2024). Source: NBB ↗
- New establishment in Walhain. KBO
- Start of the company according to the CBE. KBO
- Stephane DE HAAN became a director. NBB
In short
From € 15,505 profit in 2022 to € 3,891 profit in 2025.
Paid € 22,142 in corporate taxes since 2022.
Best year ever: 2023, with € 31,055 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind DHS CONSTRUCTIONS is Stephane DE HAAN.
Directors
According to the 2025 annual accounts
Stephane DE HAAN
Director
since 2000
Establishments
Establishment units
Physical locations of this company
Chemin de Corbais(NSV) 6
1457 Walhain
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.774.148
- VAT number
- BE 0471.774.148
- Registered office
- Chemin de Corbais(NSV) 6, 1457 Walhain
- Names & denominations
- DHS CONSTRUCTIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 May 2000
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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