Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DS Real Estate from Knokke-Heist, company number BE0802420820, closed financial year 2025 with a result of € -3,944 after tax. For that financial year DS Real Estate recorded a gross margin of € -852 and equity of € 12,460. Compared with financial year 2024, the result moved from € -3,596 to € -3,944. 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 July 31, 2026.
€ 12,460
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,944
▼ 10 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,319
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,540.
Debts at end 2025
€ 10,600
Loans from banks and other lenders, long and short.
€ 1,158
▲ € 1,104 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -2,188 | € -852 | ▲ € 1,336 |
| Profit after taxes | € -3,596 | € -3,944 | ▼ € 348 |
| Equity | € 16,404 | € 12,460 | ▼ 24% |
| Total debts | € 54 | € 201,698 | ▲ € 201,644 |
| Cash | € 16,459 | € 2,319 | ▼ 86% |
| Retained profit | € -3,596 | € -7,540 | ▼ € 3,944 |
| Bank debt | € 0 | € 10,600 | |
| Balance sheet total | € 16,459 | € 214,158 | ▲ € 197,700 |
Key figures of DS Real Estate, fiscal years 2024 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 Real Estate?
What happened at DS Real Estate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,944. Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 3,596 loss in 2024 to € 3,944 loss in 2025.
A new publication or filing at DS Real Estate? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SHB WORKS, DE RESE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DS Real EstateBehind DS Real Estate are Shb Works BV and De Rese Invest BV. The shares are held by SHB WORKS (50%) and DE RESE INVEST (50%).
Directors
According to the 2025 annual accounts
Director · represented by Stijn Hullebusch
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Natiënlaan 201
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0802.420.820
- VAT number
- BE 0802.420.820
- Registered office
- Natiënlaan 201, 8300 Knokke-Heist
- Names & denominations
- DS Real Estate
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2023
- Peppol
- Active · Active since 16 Jun 2026
- Activities · NACE
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