Financials
Financial year 2025
DS HOLDING from Merchtem, company number BE0634976846, closed financial year 2025 with a result of € 164,333 after tax. For that financial year DS HOLDING recorded revenue of € 27,551 and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 2.4 million to € 164,333. The company is profitable. 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 July 31, 2026.
€ 3.3 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 164,333
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 2.2 million
▼ 15% 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 € 3.3 million.
Debts at end 2025
€ 2.5 million
▼ 33% vs 2024
€ 356,352 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 106,405
▲ € 88,118 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 432 days on average.
€ 470
▼ 98% 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 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 8,015,653 | € 27,551 | ▼ € 8 million |
| Gross margin | € 6,768,002 | € 10,027,568 | - | - | |
| Profit after taxes | € 4,164,017 | € 5,966,322 | € 2,367,535 | € 164,333 | ▼ 93% |
| Equity | € 4,545,622 | € 8,338,042 | € 3,106,278 | € 3,270,612 | ▲ 5% |
| Total debts | € 10,375,427 | € 8,861,431 | € 6,414,834 | € 4,796,583 | ▼ 25% |
| Cash | € 1,009,911 | € 3,034,182 | € 2,544,491 | € 2,172,281 | ▼ 15% |
| Land & buildings | € 3,436,214 | € 3,923,303 | € 3,769,788 | € 4,141,799 | ▲ 10% |
| Retained profit | € 4,527,072 | € 8,319,492 | € 3,100,909 | € 3,265,242 | ▲ 5% |
| Dividend | € 2,009,976 | € 2,173,901 | € 0 | € 0 | |
| Bank debt | € 4,939,049 | € 3,597,591 | € 3,794,811 | € 2,540,000 | ▼ 33% |
| Balance sheet total | € 14,921,049 | € 17,199,473 | € 9,521,112 | € 8,067,195 | ▼ 15% |
| Employees (FTE) | 3.4 | 6.4 | 7.3 | - |
Key figures of DS HOLDING, 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 DS HOLDING?
What happened at DS HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 164,333 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Londerzeel. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.2 million profit in 2022 to € 164,333 profit in 2025.
Paid € 4.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 6 million profit.
On average € 1.6 million of value added per employee in 2023.
Management
Behind DS HOLDING is SAM HEYVAERT. The shares are held by Sam HEYVAERT (100%). It owns 100% of DS BUILDIT itself.
Directors
According to the 2025 annual accounts
Shareholders
Sam HEYVAERT · director
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 149
1785 Merchtem
Over de Beek 58
1840 Londerzeel
Active since 11 August 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0634.976.846
- VAT number
- BE 0634.976.846
- Registered office
- Brusselsesteenweg 149, 1785 Merchtem
- Names & denominations
- DS HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 2015
- Peppol
- Active · Active since 13 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen