Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DS PROJECTS from Merelbeke-Melle, company number BE0878414677, closed financial year 2025 with a result of € 11,456 after tax. For that financial year DS PROJECTS recorded a gross margin of € 31,978 and equity of € 41,004. Compared with financial year 2024, the result moved from € 18,965 to € 11,456. 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 February 18, 2026.
€ 41,004
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,456
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 7,782
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 24,394 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.
€ 6,818
▲ 253% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,050
▼ 15% vs 2024
€ 12,802 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,898
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,255
▼ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,875 | € 30,208 | € 43,120 | € 31,978 | ▼ 26% |
| Profit after taxes | € 15,360 | € 3,684 | € 18,965 | € 11,456 | ▼ 40% |
| Equity | € 62,493 | € 34,977 | € 53,942 | € 41,004 | ▼ 24% |
| Total debts | € 106,356 | € 82,555 | € 43,163 | € 59,315 | ▲ 37% |
| Cash | € 4,379 | € 18,513 | € 9,725 | € 7,782 | ▼ 20% |
| Land & buildings | € 70,855 | € 63,260 | € 55,665 | € 48,070 | ▼ 14% |
| Retained profit | € 31,293 | € 34,977 | € 53,942 | € 41,004 | ▼ 24% |
| Dividend | € 13,497 | € 0 | € 0 | € 24,394 | |
| Bank debt | € 65,386 | € 70,643 | € 31,695 | € 27,050 | ▼ 15% |
| Balance sheet total | € 170,575 | € 117,532 | € 97,105 | € 100,319 | ▲ 3% |
Key figures of DS PROJECTS, 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 PROJECTS?
What happened at DS PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,456 (▼ 40% vs 2024). Source: NBB ↗
- DEMETRIUS SCHOLLAERT became a director. NBB
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,360 profit in 2022 to € 11,456 profit in 2025.
Paid € 32,750 in corporate taxes since 2022.
Best year ever: 2024, with € 18,965 profit.
Paid out € 37,891 in dividends to the owners in total.
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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
Behind DS PROJECTS is DEMETRIUS SCHOLLAERT.
Directors
According to the 2025 annual accounts
DEMETRIUS SCHOLLAERT
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 880B
9820 Merelbeke-Melle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0878.414.677
- VAT number
- BE 0878.414.677
- Registered office
- Hundelgemsesteenweg 880B, 9820 Merelbeke-Melle
- Names & denominations
- DS PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 2006
- Peppol
- Active · Active since 2 Jun 2026
- Contact
- ds-projects.be
- Activities · NACE
Plaatsen van vloer- en wandtegels
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden