DSE
0888.513.466 · rovalta.com · 22/09/2026
ACTIVE
DSE
Financial year 2025 · closed on 31/12/2025
Net result
-27,6 k €
+60.1% YoY
Gross margin
-10,7 k €
+82.7% YoY
Equity
-53,5 k €
-106.4% YoY
Overview
What does DSE do?
DSE is a Private limited company incorporated in 2007. Its main activity is: Electrical installation. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0888.513.466
Incorporation
04/04/2007
Legal form
Private limited company
Registered office
Aartselaarstraat 16
2660 Antwerpen · FlandreSee on map
2660 Antwerpen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | -10,7 k € | +82.7% | -61,9 k € | -763% | -7,2 k € | -115% | 47,8 k € | +203% | -46,2 k € | -8.7% | -42,5 k € | -301% | 21,1 k € | -67.9% | 65,8 k € | -55.1% | 146,5 k € | +22.7% | 119,4 k € | -12.5% | 136,4 k € | +9.2% | 125 k € | +28.6% | 97,2 k € | +57.4% | 61,7 k € | -24.4% | 81,6 k € | +17.3% | 69,6 k € | -21.7% | 88,9 k € | -12.0% | 101 k € |
| EBITDA | -12,5 k € | +80.1% | -62,7 k € | -731% | -7,6 k € | -116% | 47,4 k € | +202% | -46,6 k € | -7.6% | -43,3 k € | -310% | 20,6 k € | -48.8% | 40,3 k € | -53.5% | 86,6 k € | +49.7% | 57,8 k € | -28.9% | 81,4 k € | +19.5% | 68,1 k € | +53.3% | 44,4 k € | +168% | 16,6 k € | -64.8% | 47 k € | -30.8% | 68 k € | -22.2% | 87,4 k € | -10.3% | 97,4 k € |
| Operating result | -24,7 k € | +63.4% | -67,5 k € | -655% | -8,9 k € | -119% | 46 k € | +196% | -47,9 k € | -7.4% | -44,6 k € | -336% | 18,9 k € | -52.5% | 39,8 k € | -53.6% | 85,9 k € | +49.8% | 57,4 k € | -29.1% | 80,9 k € | +20.0% | 67,4 k € | +55.5% | 43,4 k € | +172% | 15,9 k € | -59.4% | 39,2 k € | -34.2% | 59,6 k € | -20.3% | 74,8 k € | -15.7% | 88,8 k € |
| Net result | -27,6 k € | +60.1% | -69,1 k € | -618% | -9,6 k € | -121% | 45 k € | +193% | -48,5 k € | -7.5% | -45,1 k € | -432% | 13,6 k € | -41.3% | 23,1 k € | -52.2% | 48,4 k € | +43.8% | 33,6 k € | -28.6% | 47,1 k € | +16.8% | 40,4 k € | +50.4% | 26,8 k € | +629% | 3,7 k € | -75.3% | 14,9 k € | -60.9% | 38 k € | -24.8% | 50,5 k € | -0.1% | 50,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -53,5 k € | -106% | -25,9 k € | -160% | 43,2 k € | -18.2% | 52,8 k € | +576% | 7,8 k € | -86.1% | 56,3 k € | -44.5% | 101,4 k € | +15.5% | 87,8 k € | +7.1% | 81,9 k € | +61.2% | 50,8 k € | +48.1% | 34,3 k € | +0.4% | 34,2 k € | +1.0% | 33,8 k € | +2.5% | 33 k € | -16.1% | 39,3 k € | -12.0% | 44,7 k € | +1.3% | 44,1 k € | +0.3% | 44 k € |
| Total assets | 67,9 k € | +7.5% | 63,2 k € | +24.8% | 50,6 k € | -16.5% | 60,6 k € | +424% | 11,6 k € | -81.3% | 62 k € | -42.2% | 107,2 k € | -31.6% | 156,7 k € | -5.9% | 166,4 k € | +62.0% | 102,7 k € | -4.0% | 107 k € | +7.5% | 99,5 k € | +16.6% | 85,3 k € | -5.0% | 89,8 k € | -41.3% | 153,1 k € | -11.7% | 173,3 k € | -20.1% | 216,8 k € | +98.1% | 109,4 k € |
| Cash | 2,3 k € | -38.1% | 3,7 k € | -92.0% | 46,1 k € | +16.8% | 39,5 k € | +7486% | 520,6 € | -98.8% | 43,5 k € | -48.7% | 84,7 k € | -39.2% | 139,4 k € | +10.0% | 126,8 k € | +216% | 40,2 k € | -20.4% | 50,4 k € | -5.4% | 53,3 k € | +97.4% | 27 k € | -0.6% | 27,2 k € | +660% | 3,6 k € | -93.2% | 52,5 k € | -36.3% | 82,4 k € | +80.1% | 45,7 k € |
| Debts | 121,4 k € | +36.3% | 89,1 k € | +1099% | 7,4 k € | -5.0% | 7,8 k € | +108% | 3,8 k € | -34.3% | 5,7 k € | -1.6% | 5,8 k € | -91.5% | 68,9 k € | -18.5% | 84,5 k € | +63.1% | 51,8 k € | -28.5% | 72,5 k € | +11.2% | 65,2 k € | +26.9% | 51,4 k € | -9.5% | 56,8 k € | -50.1% | 113,7 k € | -11.6% | 128,6 k € | +59.6% | 80,6 k € | +23.0% | 65,5 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | 0,3 ETP | -70.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | +66.7% | 0,6 ETP | – | – | – | ||||||||||
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Rudolf Aerts
ActiveEnded mandates
Koen, Jozef, Mark SMETS
EndedRudolf AERTS
EndedRudolf Jeanne L Aerts
EndedRudolf Jeanne L Aerts
EndedFinancials
Annual accounts
Full financial information
| 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 | 28/06/2026 | 26/06/2025 | 21/05/2024 | 16/06/2023 | 29/06/2022 | 16/06/2021 |
| General meeting | 24/04/2026 | 29/04/2025 | 30/04/2024 | 25/04/2023 | 06/06/2022 | 07/06/2021 |
| 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 |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 24/04/2026 | 28/06/2026 | Dutch | |
| Micro model | 31/12/2024 | 29/04/2025 | 26/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 30/04/2024 | 21/05/2024 | Dutch | |
| Micro model | 31/12/2022 | 25/04/2023 | 16/06/2023 | Dutch | |
| Micro model | 31/12/2021 | 06/06/2022 | 29/06/2022 | Dutch | |
| Micro model | 31/12/2020 | 07/06/2021 | 16/06/2021 | Dutch | |
| Micro modelCorrection | 31/12/2019 | 30/10/2020 | 11/11/2020 | Dutch | |
| Micro model | 31/12/2019 | 02/06/2020 | 11/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 03/06/2019 | 17/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 04/06/2018 | 16/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 05/06/2017 | 24/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 06/06/2016 | 26/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 01/06/2015 | 14/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 30/06/2014 | 28/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 20/06/2013 | 01/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 04/06/2012 | 27/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 06/06/2011 | 25/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/06/2010 | 11/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/06/2009 | 25/06/2009 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 5 ended
Active mandates
Rudolf Aerts
ActiveEnded mandates
Koen, Jozef, Mark SMETS
EndedRudolf AERTS
EndedRudolf Jeanne L Aerts
EndedRudolf Jeanne L Aerts
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-27,6 k €↑
- 2024Annual accounts 2024-69,1 k €↓
- 2023Annual accounts 2023-9,6 k €↓
- 2022Annual accounts 202245 k €↑
- 2021Annual accounts 2021-48,5 k €↓
- 2020Annual accounts 2020-45,1 k €↓
- 2019Annual accounts 201913,6 k €↓
- 2018Annual accounts 201823,1 k €↓
- 2017Annual accounts 201748,4 k €↑
- 2016Annual accounts 201633,6 k €↓
- 2015Annual accounts 201547,1 k €↑
- 2014Annual accounts 201440,4 k €↑
- 2013Annual accounts 201326,8 k €↑
- 2012Annual accounts 20123,7 k €↓
- 2011Annual accounts 201114,9 k €↓
- 2010Annual accounts 201038 k €↓
- 2009Annual accounts 200950,5 k €↓
- 2008Annual accounts 200850,6 k €
- 04/04/2007IncorporationPrivate limited company