D&V CONCEPT
ActiveSummary
D&V CONCEPT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,031 and a net result of €18,979. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 7598 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+10
Solvency77▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.65 in 2024; short-term debt: 43.4% and cash: 54.8% of total assets), and 47.5% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.5%
Return on assets
7.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 d early
2024
106 d early
2023
93 d early
2022
80 d early
2021
73 d early
2020
9 d late
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 67 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€138,031▼ 0.7%
2024 · €139,051
Total assets
€262,976▲ 0.7%
2024 · €261,165
Net result
€18,979▲ 246%
2024 · €5,486
Working capital
€50,390▼ 13.8%
2024 · €58,486
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,380▼ 17.4%€9,883▼ 57.7%€39,758▲ 302%€9,672▼ 75.7%€32,259▲ 234%
Net result€17,026within the sector's middle half▼ 23.8%€5,660within the sector's middle half▼ 66.8%€24,838within the sector's middle half▲ 339%€5,486within the sector's middle half▼ 77.9%€18,979within the sector's middle half▲ 246%
Equity€103,067within the sector's middle half▲ 19.1%€108,727above the sector's middle half▲ 5.5%€133,565above the sector's middle half▲ 22.8%€139,051above the sector's middle half▲ 4.1%€138,031above the sector's middle half▼ 0.7%
Total assets€214,039within the sector's middle half▼ 12.6%€222,917within the sector's middle half▲ 4.1%€238,225within the sector's middle half▲ 6.9%€261,165within the sector's middle half▲ 9.6%€262,976within the sector's middle half▲ 0.7%
Debt€110,972▼ 29.9%€114,190▲ 2.9%€104,660▼ 8.3%€122,114▲ 16.7%€124,945▲ 2.3%
Working capital€29,006within the sector's middle half▲ 733%€43,939within the sector's middle half▲ 51.5%€71,253within the sector's middle half▲ 62.2%€58,486within the sector's middle half▼ 17.9%€50,390within the sector's middle half▼ 13.8%
Solvency48.2%within the sector's middle half▲ 12.8pp48.8%within the sector's middle half▲ 0.6pp56.1%within the sector's middle half▲ 7.3pp53.2%within the sector's middle half▼ 2.8pp52.5%within the sector's middle half▼ 0.8pp
Current ratio1.51within the sector's middle half▲ 0.471.61within the sector's middle half▲ 0.091.94within the sector's middle half▲ 0.341.65within the sector's middle half▼ 0.291.44within the sector's middle half▼ 0.21
Return on assets (ROA)8.0%within the sector's middle half▼ 1.2pp2.5%within the sector's middle half▼ 5.4pp10.4%within the sector's middle half▲ 7.9pp2.1%within the sector's middle half▼ 8.3pp7.2%within the sector's middle half▲ 5.1pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 234% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262,976
Fixed assets
€98,473 ▼ 13.0%
Current assets
€164,503 ▲ 11.1%
Equity and liabilities €262,976
Equity
€138,031 ▼ 0.7%
Debt
€124,945 ▲ 2.3%
Debt's share of the balance-sheet total rises from 46.8% to 47.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€52,038▲
2024 · €33,839
Cash flow
€38,758▲
2024 · €29,654
Debt to equity
0.91▲
2024 · 0.88
ROE
13.8%▲
2024 · 3.9%
Interest coverage
9.31▲
2024 · 5.62
Debt ≤ 1 year
€114,113▲
2024 · €89,540
Debt > 1 year
€10,832▼
2024 · €32,574
Income taxes
€8,346▲
2024 · €536
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,869 | €22,305 | €19,707 | €24,168 | €19,779 | ▼ 18.2% |
| Other operating charges640/8 | €238 | - | €150 | - | - | - |
| Gross operating margin9900 | €47,487 | €32,188 | €59,615 | €33,839 | €52,038 | ▲ 53.8% |
| Operating profit (loss)9901 | €23,380 | €9,883 | €39,758 | €9,672 | €32,259 | ▲ 234% |
| Financial income75/76B | €712 | €549 | €261 | €2,375 | €657 | ▼ 72.3% |
| Recurring financial income75 | €712 | €549 | €261 | €2,375 | €657 | ▼ 72.3% |
| Financial charges65/66B | €2,540 | €2,631 | €4,913 | €6,024 | €5,591 | ▼ 7.2% |
| Recurring financial charges65 | €2,540 | €2,631 | €4,913 | €6,024 | €5,591 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €21,552 | €7,801 | €35,106 | €6,022 | €27,326 | ▲ 354% |
| Income taxes67/77 | €4,526 | €2,141 | €10,268 | €536 | €8,346 | ▲ 1,456% |
| Profit (loss) for the period9904 | €17,026 | €5,660 | €24,838 | €5,486 | €18,979 | ▲ 246% |
| Profit (loss) for the period to be appropriated9905 | €17,026 | €5,660 | €24,838 | €5,486 | €18,979 | ▲ 246% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €214,039 | €222,917 | €238,225 | €261,165 | €262,976 | ▲ 0.7% |
| Fixed assets21/28 | €128,459 | €106,651 | €91,480 | €113,139 | €98,473 | ▼ 13.0% |
| Tangible fixed assets22/27 | €128,189 | €106,381 | €91,210 | €113,004 | €98,338 | ▼ 13.0% |
| Land and buildings22 | €96,021 | €85,085 | €75,607 | €67,216 | €58,824 | ▼ 12.5% |
| Plant, machinery and equipment23 | €7,691 | €6,142 | €7,978 | €45,072 | €37,420 | ▼ 17.0% |
| Furniture and vehicles24 | €24,477 | €15,153 | €7,624 | €716 | €2,094 | ▲ 193% |
| Financial fixed assets28 | €270 | €270 | €270 | €135 | €135 | = |
| Current assets29/58 | €85,580 | €116,266 | €146,745 | €148,026 | €164,503 | ▲ 11.1% |
| Amounts receivable within one year40/41 | €25,278 | €17,203 | €3,963 | €28,953 | €18,067 | ▼ 37.6% |
| Trade receivables40 | €20,396 | €9,301 | €2,594 | €19,091 | €17,216 | ▼ 9.8% |
| Other amounts receivable41 | €4,882 | €7,902 | €1,370 | €9,863 | €851 | ▼ 91.4% |
| Current investments50/53 | - | - | - | €50,000 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €56,381 | €96,846 | €139,440 | €66,728 | €144,025 | ▲ 116% |
| Deferred charges and accrued income490/1 | €3,921 | €2,217 | €3,342 | €2,345 | €2,411 | ▲ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €214,039 | €222,917 | €238,225 | €261,165 | €262,976 | ▲ 0.7% |
| Equity10/15 | €103,067 | €108,727 | €133,565 | €139,051 | €138,031 | ▼ 0.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Other1109/19 | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Reserves13 | €23,929 | €28,929 | €43,929 | €43,929 | €39,929 | ▼ 9.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €7,069 | €7,069 | €7,069 | €7,069 | €7,069 | = |
| Distributable reserves133 | €15,000 | €20,000 | €36,860 | €36,860 | €32,860 | ▼ 10.9% |
| Profit (loss) carried forward14 | €60,538 | €61,198 | €71,036 | €76,522 | €79,501 | ▲ 3.9% |
| Amounts payable17/49 | €110,972 | €114,190 | €104,660 | €122,114 | €124,945 | ▲ 2.3% |
| Amounts payable after more than one year17 | €54,399 | €41,863 | €29,167 | €32,574 | €10,832 | ▼ 66.7% |
| Financial debts170/4 | €54,399 | €41,863 | €29,167 | €32,574 | €10,832 | ▼ 66.7% |
| Amounts payable within one year42/48 | €56,573 | €72,327 | €75,492 | €89,540 | €114,113 | ▲ 27.4% |
| Current portion of amounts payable after more than one year42 | €12,377 | €12,536 | €12,695 | €21,217 | €21,742 | ▲ 2.5% |
| Trade debts44 | €4,596 | €7,858 | €3,558 | €3,652 | €2,653 | ▼ 27.4% |
| Suppliers440/4 | €4,596 | €7,858 | €3,558 | €3,652 | €2,653 | ▼ 27.4% |
| Taxes, remuneration and social security45 | €2,005 | €2,005 | €2,427 | €2,836 | €6,268 | ▲ 121% |
| Taxes450/3 | €712 | €2,005 | €2,427 | €1,509 | €4,935 | ▲ 227% |
| Remuneration and social security454/9 | €1,292 | - | - | €1,326 | €1,333 | ▲ 0.5% |
| Other amounts payable47/48 | €37,596 | €49,928 | €56,812 | €61,836 | €83,450 | ▲ 35.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,026 | €5,660 | €24,838 | €5,486 | €18,979 | ▲ 246% |
| + Depreciation and write-downs630 | €23,869 | €22,305 | €19,707 | €24,168 | €19,779 | ▼ 18.2% |
| Operating cash flow (approximation) | €40,895 | €27,965 | €44,545 | €29,654 | €38,758 | ▲ 30.7% |
| Investment in fixed assets (approximation) | - | -€496 | -€4,536 | -€45,827 | -€5,113 | ▲ 88.8% |
| Change in cash | - | €40,465 | €42,593 | -€72,712 | €77,297 | ▲ 206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €24,838 ▲339%
Operating result €39,758, net result €24,838, both a record.
12-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €103,067 ▲19.1%
2 profitable years in a row build equity to €103,067.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Back to profitnet €22,341
Net result €22,341 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€242
Net result drops to -€242, the lowest in the series; recovery starts the following year.
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mettet · 2 establishment units since 2004
Ground area
3,445 m²
Building footprint
377 m²
Volume, LiDAR
3,152 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
D&V CONCEPT
since 20042.136.862.686
D&V CONCEPT
since 20192.288.007.492
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92104F0135/00P000 | Wallonia | 2,799 m² | 1 · 233 m² | 10.5 m · 3 fl. |
| 92104F0073/00V002 | Wallonia | 646 m² | 1 · 144 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 12,784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-04-2004
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
43120Site preparation
43130Specialised construction activities
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
Contact
E-mail
dvconcept@skynet.beMettet
Phone
071/798908Mettet
Fax
071/799858Mettet
Phone
+32477340200Mettet
E-invoicing
Reachable via Peppol
Peppol ID
0208:0864860611
Also
9925:BE0864860611
Registered
27-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.