ACTIVE

DSE CREATION

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

235,9 k €

-10.0% YoY

Gross margin

401 k €

-18.2% YoY

Equity

1,2 M €

+18.1% YoY

Workforce

0,0 ETP

What does DSE CREATION do?

DSE CREATION is a Private limited company incorporated in 2008. Its main activity is: Manufacture of consumer electronics. Its registered office is in Tielt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.218.614

Incorporation

27/05/2008

Legal form

Private limited company

Registered office

Veldmolenstraat 4
8760 Tielt · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

26400Manufacture of consumer electronics· main 26400Manufacture of consumer electronics

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	401 k €	-18.2%	490 k €	+10.3%	444,2 k €	+121%	201,4 k €	+45.9%	138 k €	-12.4%	157,5 k €	-6.9%	169,2 k €	+40.6%	120,4 k €	-6.3%	128,5 k €	-19.7%	160,1 k €	-35.2%	247,1 k €	+26.5%	195,4 k €	-15.0%	229,8 k €	+179%	82,4 k €	-13.3%	95 k €	-3.5%	98,4 k €	-15.5%	116,5 k €
EBITDA	395,6 k €	-18.2%	483,8 k €	+10.2%	439 k €	+123%	196,4 k €	+47.5%	133,2 k €	-14.0%	154,8 k €	-7.4%	167,2 k €	+42.6%	117,2 k €	-6.8%	125,7 k €	-19.8%	156,7 k €	-32.6%	232,5 k €	+32.1%	176,1 k €	+2.3%	172,2 k €	+112%	81,1 k €	+18.8%	68,2 k €	-29.4%	96,6 k €	-15.7%	114,5 k €
Operating result	342,3 k €	-17.7%	416 k €	+12.5%	369,7 k €	+238%	109,2 k €	+85.7%	58,8 k €	-34.5%	89,9 k €	-16.2%	107,2 k €	+91.7%	55,9 k €	-20.5%	70,3 k €	-34.2%	106,8 k €	-49.6%	212 k €	+41.9%	149,4 k €	+4.5%	143 k €	+201%	47,5 k €	+24.4%	38,2 k €	-52.3%	80,1 k €	-18.2%	97,9 k €
Net result	235,9 k €	-10.0%	262,1 k €	+10.9%	236,3 k €	+314%	57,1 k €	+120%	26 k €	-45.2%	47,4 k €	-21.7%	60,5 k €	+249%	17,3 k €	-54.2%	37,8 k €	-28.3%	52,7 k €	-63.8%	145,4 k €	+42.8%	101,8 k €	+5.1%	96,9 k €	+176%	35,1 k €	+27.4%	27,5 k €	-49.1%	54 k €	-19.7%	67,3 k €
Balance sheet
Equity	1,2 M €	+18.1%	975,4 k €	+33.5%	730,6 k €	+37.3%	532,1 k €	-16.6%	638,2 k €	+4.0%	613,9 k €	+8.4%	566,5 k €	+11.6%	507,6 k €	-17.9%	618,1 k €	+6.5%	580,3 k €	+10.0%	527,7 k €	+38.0%	382,3 k €	+29.7%	294,6 k €	+49.0%	197,7 k €	+21.6%	162,6 k €	+18.3%	137,5 k €	+60.1%	85,9 k €
Total assets	2 M €	+11.8%	1,8 M €	+10.2%	1,6 M €	+12.8%	1,4 M €	-1.0%	1,4 M €	+0.5%	1,4 M €	+3.2%	1,4 M €	-2.7%	1,4 M €	+1.0%	1,4 M €	+18.3%	1,2 M €	+32.2%	897 k €	+23.9%	723,9 k €	+32.1%	547,9 k €	+66.0%	330 k €	+22.9%	268,5 k €	+17.3%	229 k €	+44.7%	158,3 k €
Cash	1,3 M €	+28.4%	990,7 k €	+64.5%	602,1 k €	-3.8%	626,2 k €	-5.6%	663,4 k €	-31.5%	968,7 k €	+7.2%	903,7 k €	+2.6%	880,6 k €	-12.5%	1 M €	+20.2%	837,2 k €	+8.1%	774,1 k €	+52.4%	507,9 k €	+33.1%	381,6 k €	+83.3%	208,2 k €	+77.6%	117,2 k €	+39.0%	84,3 k €	-15.2%	99,5 k €
Debts	732,9 k €	+4.4%	702 k €	-10.4%	783,4 k €	-2.2%	801,2 k €	+12.9%	709,6 k €	-2.3%	726,5 k €	-0.4%	729,8 k €	-11.8%	827,3 k €	+17.8%	702,2 k €	+34.2%	523,4 k €	+88.6%	277,5 k €	+2.0%	272,1 k €	+46.9%	185,3 k €	+46.6%	126,4 k €	+59.6%	79,2 k €	-12.1%	90,1 k €	+25.8%	71,6 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

ELS OOSTERLYNCK

Director · since 08 décembre 2022

Active

Davy Seynaeve

Director · since 29 mai 2008

Active

Ended mandates

Davy Seynaeve

Mandate

Ended

Davy Seynaeve

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/12/2025	20/03/2025	29/04/2024	08/05/2023	28/04/2022	24/04/2021
General meeting	23/12/2025	15/03/2025	31/03/2024	31/03/2023	31/03/2022	27/03/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	23/12/2025	24/12/2025	Dutch	PDF
Abridged model	30/09/2024	15/03/2025	20/03/2025	Dutch	PDF
Abridged model	30/09/2023	31/03/2024	29/04/2024	Dutch	PDF
Micro model	30/09/2022	31/03/2023	08/05/2023	Dutch	PDF
Micro model	30/09/2021	31/03/2022	28/04/2022	Dutch	PDF
Micro model	30/09/2020	27/03/2021	24/04/2021	Dutch	PDF
Micro model	30/09/2019	27/03/2020	27/04/2020	Dutch	PDF
Micro model	30/09/2018	30/03/2019	30/04/2019	Dutch	PDF
Micro model	30/09/2017	30/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	30/03/2017	02/05/2017	Dutch	PDF
Abridged model	30/09/2015	19/03/2016	08/04/2016	Dutch	PDF
Abridged model	30/09/2014	21/03/2015	01/04/2015	Dutch	PDF
Abridged model	30/09/2013	07/04/2014	08/05/2014	Dutch	PDF
Abridged model	30/09/2012	06/04/2013	07/05/2013	Dutch	PDF
Abridged model	30/09/2011	17/03/2012	09/04/2012	Dutch	PDF
Abridged model	30/09/2010	19/03/2011	06/04/2011	Dutch	PDF
Abridged model	30/09/2009	20/03/2010	20/04/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 2 ended

Active mandates

ELS OOSTERLYNCK

Director · since 08 décembre 2022

Active

Davy Seynaeve

Director · since 29 mai 2008

Active

Ended mandates

Davy Seynaeve

Mandate

Ended

Davy Seynaeve

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/09/2018
KAPITAAL - AANDELEN
PDF
Capital / shares04/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other09/06/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025235,9 k €↓
2024
Annual accounts 2024262,1 k €↑
2023
Annual accounts 2023236,3 k €↑
2022
Annual accounts 202257,1 k €↑
2021
Annual accounts 202126 k €↓
2020
Annual accounts 202047,4 k €↓
2019
Annual accounts 201960,5 k €↑
2018
Annual accounts 201817,3 k €↓
2017
Annual accounts 201737,8 k €↓
2016
Annual accounts 201652,7 k €↓
2015
Annual accounts 2015145,4 k €↑
2014
Annual accounts 2014101,8 k €↑
2013
Annual accounts 201396,9 k €↑
2012
Annual accounts 201235,1 k €↑
2011
Annual accounts 201127,5 k €↓
2010
Annual accounts 201054 k €↓
2009
Annual accounts 200967,3 k €
27/05/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DSE CREATION

Overview

What does DSE CREATION do?

Trend over 17 financial years

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