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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DS Aviation from Gent, company number BE0798442632, closed financial year 2025 with a result of € -1,048 after tax. For that financial year DS Aviation recorded a gross margin of € -92 and equity of € 1,195. Compared with financial year 2024, the result moved from € -1,953 to € -1,048. The company made a loss. 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 August 28, 2026.
€ 1,195
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,048
▲ 46 % less loss than in 2024
Profit after tax over the fiscal year.
€ 2,991
▲ 252% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1,805.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 362
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,118
Supplier invoices still open on the last day of the fiscal year.
€ 193
▼ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,568 | € -1,310 | € -92 | ▲ € 1,218 |
| Profit after taxes | € 1,196 | € -1,953 | € -1,048 | ▲ € 905 |
| Equity | € 4,196 | € 2,243 | € 1,195 | ▼ 47% |
| Total debts | € 19,534 | € 19,756 | € 19,311 | ▼ 2% |
| Cash | € 2,434 | € 849 | € 2,991 | ▲ 252% |
| Retained profit | € 1,196 | € -757 | € -1,805 | ▼ € 1,048 |
| Balance sheet total | € 23,729 | € 21,999 | € 20,506 | ▼ 7% |
Key figures of DS Aviation, fiscal years 2023 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 Aviation?
What happened at DS Aviation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,048. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,196 profit in 2023 to € 1,048 loss in 2025.
Paid € 323 in corporate taxes since 2023.
Best year ever: 2023, with € 1,196 profit.
Management
Behind DS Aviation is Sebastien De Smet. Sebastien De Smet is also behind IMMOGROUP DE SMET.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Kleinvleeshuissteeg 15 box 202
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0798.442.632
- VAT number
- BE 0798.442.632
- Registered office
- Kleinvleeshuissteeg 15 bus 202, 9000 Gent
- Names & denominations
- DS Aviation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2023
- Peppol
- Active · Active since 16 Apr 2025
- Activities · NACE
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