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 64 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DSH BOUW from Lokeren, company number BE0654711792, closed financial year 2026 with a result of € 125,444 after tax. For that financial year DSH BOUW recorded a gross margin of € 375,179 and equity of € 140,055. Compared with financial year 2025, the result moved from € 121,660 to € 125,444. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ 140,055
▼ 18% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 125,444
▲ 3% vs 2025
Profit after tax over the fiscal year.
€ 246,979
▲ 21% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 156,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
3.9
▼ 2.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 188,138
▼ 38% vs 2025
€ 48,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 83,434
▼ 8% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 540,235
▲ 56% vs 2025
€ 77,322 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 134,766
▲ 2% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,506
▲ 65% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 258,856 | € 475,479 | € 561,844 | € 375,179 | ▼ 33% |
| Profit after taxes | € 89,066 | € 128,159 | € 121,660 | € 125,444 | ▲ 3% |
| Equity | € 222,592 | € 185,251 | € 170,611 | € 140,055 | ▼ 18% |
| Total debts | € 608,913 | € 856,206 | € 685,092 | € 975,126 | ▲ 42% |
| Cash | € 162,985 | € 171,614 | € 204,553 | € 246,979 | ▲ 21% |
| Land & buildings | € 223,415 | € 213,982 | € 204,548 | € 195,115 | ▼ 5% |
| Retained profit | € 214,701 | € 179,001 | € 164,361 | € 133,805 | ▼ 19% |
| Dividend | € 89,000 | € 165,500 | € 136,300 | € 156,000 | ▲ 14% |
| Bank debt | € 299,810 | € 370,713 | € 347,139 | € 540,235 | ▲ 56% |
| Balance sheet total | € 831,505 | € 1,041,457 | € 855,703 | € 1,115,181 | ▲ 30% |
| Employees (FTE) | 1.9 | 4.1 | 6.1 | 3.9 | ▼ 2.2 |
By gross margin, DSH BOUW ranks 4th of 28 companies with main activity “Ontwikkeling van residentiële bouwprojecten” in Lokeren that publish figures (fiscal year 2026).
Key figures of DSH BOUW, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about DSH BOUW the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to DSH BOUW?
What happened at DSH BOUW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 125,444 (▲ 3% vs 2025). Source: NBB ↗
- New establishment in Lokeren. KBO
- Start of the company according to the CBE. KBO
In short
From € 89,066 profit in 2023 to € 125,444 profit in 2026.
Paid € 97,256 in corporate taxes since 2023.
Best year ever: 2024, with € 128,159 profit.
On average € 96,200 of value added per employee in 2026.
Management
Behind DSH BOUW are FIEN HONGENAERT and STEFF DE SCHOENMACKER.
Directors
According to the 2026 annual accounts
FIEN HONGENAERT
Director
STEFF DE SCHOENMACKER
Director
Establishments
Establishment units
Physical locations of this company
Hoekstraat 71
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
WIX_COM, IL
Domain
Domain
dshbouw.com
Registered
2016-07-15
Registrar
Network Solutions, LLC
Expires
2026-07-15
Website info
Features
Security
Network
Details
- Company number
- 0654.711.792
- VAT number
- BE 0654.711.792
- Registered office
- Hoekstraat 71, 9160 Lokeren
- Names & denominations
- DSH BOUW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 May 2016
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- dshbouw.com
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Ontwikkeling van niet-residentiële bouwprojecten
Diensten in verband met de verzorging van huisdieren, m.u.v. veterinaire diensten
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Diensten in verband met de verzorging van huisdieren, muv veterinaire diensten