ACTIVE

D & S

Financial year 2025 · Closed on 31/12/2025

Net result67,4 k €-24,6 %over 1 year

Gross margin81,9 k €-22,7 %over 1 year

Equity940,4 k €+6,6 %over 1 year

Identity

Source · BCE/KBO

D & S is a Private limited company incorporated in 1998. Its main activity is: Computer programming activities. Its registered office is in Westerlo.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.393.834
Incorporation: 19/10/1998
Legal form: Private limited company
Registered office: Ter Voort 185
2260 Westerlo · FlandreSee on map
Contributed capital: 6 200,00 €
Latest accounts: 31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	81,9 k €	-22.7%	105,9 k €	+98.1%	53,5 k €	-38.5%	87 k €	-29.6%	123,6 k €
EBITDA	80,8 k €	-22.9%	104,8 k €	+100%	52,4 k €	-39.1%	86 k €	-29.8%	122,4 k €
Operating result	80,3 k €	-23.0%	104,3 k €	+100%	52,1 k €	-28.3%	72,6 k €	-33.4%	109,1 k €
Net result	67,4 k €	-24.6%	89,4 k €	+78.2%	50,2 k €	+26.8%	39,5 k €	-56.2%	90,2 k €
Balance sheet
Equity	940,4 k €	+6.6%	882,4 k €	-4.6%	924,6 k €	+4.5%	885 k €	+3.6%	854,6 k €
Total assets	956,4 k €	-5.6%	1 M €	+7.3%	944 k €	+3.9%	908,8 k €	+2.9%	883,3 k €
Cash	64,7 k €	-87.1%	503 k €	-11.2%	566,2 k €	-16.8%	680,9 k €	+116%	314,7 k €
Debts	16 k €	-87.8%	130,7 k €	+574%	19,4 k €	-18.6%	23,8 k €	-17.0%	28,7 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Jan Cras	DirectorManager09/10/1998 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period
Ann Van Mensel	Manager09/10/1998 → 2007 accounts

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	26/06/2025	28/06/2024	26/06/2023	30/06/2022	30/06/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	16/06/2023	17/06/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	22/06/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	26/06/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	28/06/2024	Dutch	PDF
Micro model	31/12/2022	16/06/2023	26/06/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	30/06/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	28/06/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	20/07/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	26/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Jan Cras	DirectorManager09/10/1998 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period
Ann Van Mensel	Manager09/10/1998 → 2007 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/07/2023
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/06/2015
Ontslag Zaakvoerder
PDF
Mandates26/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/03/2007
Wijziging maatschappelijke zetel
PDF
Registered office31/10/2005
MAATSCHAPPELIJKE ZETEL
PDF
Other02/02/2004
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Jan Cras

Ann Van Mensel

19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

D & S

Ter Voort 185, 2260 Westerlo

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ter Voort 185, 2260 WesterloCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00181552

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
D & SCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00181552

Events

2025
Annual accounts 202567,4 k €↓
2024
Annual accounts 202489,4 k €↑
2023
Annual accounts 202350,2 k €↑
2022
Annual accounts 202239,5 k €↓
2021
Annual accounts 202190,2 k €↑
2020
Annual accounts 202056,8 k €↓
2019
Annual accounts 201964,8 k €↓
2018
Annual accounts 201873,1 k €↑
2017
Annual accounts 201757,4 k €↑
2016
Annual accounts 201619,1 k €↑
2015
Annual accounts 201516,2 k €↓
2014
Annual accounts 201428,8 k €↑
2013
Annual accounts 201321,5 k €↑
2012
Annual accounts 201221 k €↑
2011
Annual accounts 201120,5 k €↑
2010
Annual accounts 201019,1 k €↑
2009
Annual accounts 20099,8 k €↓
2008
Annual accounts 200840,9 k €↑
2007
Annual accounts 200718,8 k €↓
2006
Annual accounts 200628,4 k €
19/10/1998
IncorporationPrivate limited company

D & S

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events