ACTIVE

DSE

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Financial year 2025 · closed on 31/12/2025
Net result
69,8 k €
+4.2% YoY
Gross margin
91,7 k €
+5.5% YoY
Equity
71,8 k €
-60.9% YoY

What does DSE do?

DSE is a Private limited company incorporated in 2022. Its main activity is: Computer consultancy activities. Its registered office is in Lennik.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0785.694.258
Incorporation
04/05/2022
Legal form
Private limited company
Registered office
Hunselstraat 40
1750 Lennik · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62020Computer consultancy activities· main62200Computer programming, consultancy and related activities62010Computer programming activities62090Other information technology and computer service activities62100Computer programming, consultancy and related activities62900Computer programming, consultancy and related activities+2
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin91,7 k €86,9 k €84,8 k €63,4 k €
EBITDA91,3 k €86,9 k €84,8 k €63,1 k €
Operating result89,2 k €85,1 k €83,2 k €63 k €
Net result69,8 k €67 k €65,2 k €49,5 k €
Balance sheet
Equity71,8 k €183,7 k €116,7 k €51,5 k €
Total assets81,8 k €191,3 k €124 k €59,7 k €
Cash43,8 k €144,8 k €48,9 k €22,1 k €
Debts10 k €7,6 k €7,4 k €8,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Michael Bulthé

Andere functie

Active

Ended mandates

Michael Bulthé

Director · since 04 mai 2022

Ended
Michael Bulthé

Director

Ended
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202304/05/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months8 months
Filing date07/05/202629/04/202525/06/202422/05/2023
General meeting05/05/202611/04/202524/05/202416/05/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202505/05/202607/05/2026DutchPDF
Micro model31/12/202411/04/202529/04/2025DutchPDF
Micro model31/12/202324/05/202425/06/2024DutchPDF
Micro model31/12/202216/05/202322/05/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Michael Bulthé

Andere functie

Active

Ended mandates

Michael Bulthé

Director · since 04 mai 2022

Ended
Michael Bulthé

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202569,8 k €↑
  2. 2024
    Annual accounts 202467 k €↑
  3. 2023
    Annual accounts 202365,2 k €↑
  4. 2022
    Annual accounts 202249,5 k €
  5. 04/05/2022
    IncorporationPrivate limited company