D.V.L. ENGINEERING
ActiveSummary
D.V.L. ENGINEERING has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121,648 and a net result of -€11,838. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-76
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 3.45 against 2.68 in 2024; short-term debt: 7.1% and cash: 7.5% of total assets), and 7.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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
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 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
49 d early
2023
40 d early
2022
42 d early
2021
39 d early
2020
12 d early
2019
46 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 41 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Merchtem, Telecoms and IT sector
Equity
€121,648▼ 8.9%
2024 · €133,485
Total assets
€130,901▼ 12.9%
2024 · €150,206
Net result
-€11,838
2024 · €17,077
Working capital
€22,681▼ 19.0%
2024 · €28,016
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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€16,032▲ 13.7%€24,953▲ 55.6%€22,839▼ 8.5%€24,887▲ 9.0%-€10,657
Net result€10,767within the sector's middle half€17,215within the sector's middle half▲ 59.9%€14,498within the sector's middle half▼ 15.8%€17,077within the sector's middle half▲ 17.8%-€11,838below the sector's middle half
Equity€109,695within the sector's middle half▲ 10.9%€126,910within the sector's middle half▲ 15.7%€126,408within the sector's middle half▼ 0.4%€133,485within the sector's middle half▲ 5.6%€121,648within the sector's middle half▼ 8.9%
Total assets€125,421within the sector's middle half▼ 5.2%€147,876within the sector's middle half▲ 17.9%€140,815within the sector's middle half▼ 4.8%€150,206within the sector's middle half▲ 6.7%€130,901within the sector's middle half▼ 12.9%
Debt€15,726▼ 52.8%€20,966▲ 33.3%€14,407▼ 31.3%€16,721▲ 16.1%€9,254▼ 44.7%
Working capital€11,208below the sector's middle half▲ 18,891%€17,573within the sector's middle half▲ 56.8%€15,103within the sector's middle half▼ 14.1%€28,016within the sector's middle half▲ 85.5%€22,681within the sector's middle half▼ 19.0%
Solvency87.5%above the sector's middle half▲ 12.7pp85.8%above the sector's middle half▼ 1.6pp89.8%above the sector's middle half▲ 3.9pp88.9%above the sector's middle half▼ 0.9pp92.9%above the sector's middle half▲ 4.1pp
Current ratio1.71within the sector's middle half▲ 0.711.89within the sector's middle half▲ 0.182.05within the sector's middle half▲ 0.162.68within the sector's middle half▲ 0.633.45within the sector's middle half▲ 0.78
Return on assets (ROA)8.6%within the sector's middle half▲ 11.1pp11.6%within the sector's middle half▲ 3.1pp10.3%within the sector's middle half▼ 1.3pp11.4%within the sector's middle half▲ 1.1pp-9.0%below the sector's middle half▼ 20.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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 turns negative in 2025: a loss of €10,657 after €24,887 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,901
Fixed assets
€98,966 ▼ 6.2%
Current assets
€31,935 ▼ 28.6%
Equity and liabilities €130,901
Equity
€121,648 ▼ 8.9%
Debt
€9,254 ▼ 44.7%
Debt's share of the balance-sheet total falls from 11.1% to 7.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,154▼
2024 · €32,740
Cash flow
-€5,335▼
2024 · €24,930
Debt to equity
0.08▼
2024 · 0.13
ROE
-9.7%▼
2024 · 12.8%
Interest coverage
-4.69▼
2024 · 52.28
Debt ≤ 1 year
€9,254▼
2024 · €16,721
Income taxes
€456▼
2024 · €7,217
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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 | €8,500 | €8,159 | €8,386 | €7,853 | €6,503 | ▼ 17.2% |
| Other operating charges640/8 | €3,236 | €3,315 | €3,601 | €3,767 | €2,342 | ▼ 37.8% |
| Gross operating margin9900 | €27,769 | €36,427 | €34,827 | €36,507 | -€1,813 | ▼ 105% |
| Operating profit (loss)9901 | €16,032 | €24,953 | €22,839 | €24,887 | -€10,657 | ▼ 143% |
| Financial income75/76B | €296 | €205 | €110 | €34 | €162 | ▲ 381% |
| Recurring financial income75 | €296 | €205 | €110 | €34 | €162 | ▲ 381% |
| Financial charges65/66B | €723 | €870 | €876 | €626 | €887 | ▲ 41.6% |
| Recurring financial charges65 | €723 | €870 | €876 | €626 | €887 | ▲ 41.6% |
| Profit (loss) for the period before taxes9903 | €15,605 | €24,288 | €22,073 | €24,294 | -€11,382 | ▼ 147% |
| Income taxes67/77 | €4,839 | €7,074 | €7,575 | €7,217 | €456 | ▼ 93.7% |
| Profit (loss) for the period9904 | €10,767 | €17,215 | €14,498 | €17,077 | -€11,838 | ▼ 169% |
| Profit (loss) for the period to be appropriated9905 | €10,767 | €17,215 | €14,498 | €17,077 | -€11,838 | ▼ 169% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125,421 | €147,876 | €140,815 | €150,206 | €130,901 | ▼ 12.9% |
| Fixed assets21/28 | €98,487 | €110,611 | €111,305 | €105,469 | €98,966 | ▼ 6.2% |
| Tangible fixed assets22/27 | €98,487 | €110,611 | €111,305 | €105,469 | €98,966 | ▼ 6.2% |
| Land and buildings22 | €88,053 | €92,522 | €97,438 | €93,274 | €89,071 | ▼ 4.5% |
| Plant, machinery and equipment23 | €9,657 | €11,990 | €9,081 | €8,722 | €7,737 | ▼ 11.3% |
| Furniture and vehicles24 | €777 | €6,099 | €4,786 | €3,472 | €2,159 | ▼ 37.8% |
| Current assets29/58 | €26,934 | €37,265 | €29,510 | €44,737 | €31,935 | ▼ 28.6% |
| Amounts receivable within one year40/41 | €12,816 | €17,645 | €9,246 | €13,232 | €20,060 | ▲ 51.6% |
| Trade receivables40 | €10,519 | €6,455 | €9,246 | €11,840 | €14,770 | ▲ 24.7% |
| Other amounts receivable41 | €2,297 | €11,189 | - | €1,392 | €5,290 | ▲ 280% |
| Cash at bank and in hand54/58 | €12,590 | €18,031 | €18,735 | €30,287 | €9,798 | ▼ 67.7% |
| Deferred charges and accrued income490/1 | €1,528 | €1,589 | €1,529 | €1,219 | €2,077 | ▲ 70.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125,421 | €147,876 | €140,815 | €150,206 | €130,901 | ▼ 12.9% |
| Equity10/15 | €109,695 | €126,910 | €126,408 | €133,485 | €121,648 | ▼ 8.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €22,627 | €39,841 | €54,339 | €71,417 | €71,417 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €20,767 | €37,981 | €52,479 | €69,557 | €69,557 | = |
| Profit (loss) carried forward14 | €68,469 | €68,469 | €53,469 | €43,469 | €31,631 | ▼ 27.2% |
| Amounts payable17/49 | €15,726 | €20,966 | €14,407 | €16,721 | €9,254 | ▼ 44.7% |
| Amounts payable after more than one year17 | - | €1,274 | - | - | - | - |
| Financial debts170/4 | - | €1,274 | - | - | - | - |
| Amounts payable within one year42/48 | €15,726 | €19,692 | €14,407 | €16,721 | €9,254 | ▼ 44.7% |
| Current portion of amounts payable after more than one year42 | - | €7,552 | €1,274 | - | - | - |
| Financial debts43 | €2,906 | €9,060 | - | €2,387 | - | - |
| Credit institutions430/8 | €2,906 | €9,060 | - | €2,387 | - | - |
| Trade debts44 | €5,321 | €2,642 | €4,065 | €2,874 | €2,632 | ▼ 8.4% |
| Suppliers440/4 | €5,321 | €2,642 | €4,065 | €2,874 | €2,632 | ▼ 8.4% |
| Taxes, remuneration and social security45 | €7,499 | €438 | €7,824 | €11,460 | €6,621 | ▼ 42.2% |
| Taxes450/3 | €7,499 | €438 | €7,824 | €11,460 | €6,621 | ▼ 42.2% |
| Other amounts payable47/48 | - | - | €1,243 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,767 | €17,215 | €14,498 | €17,077 | -€11,838 | ▼ 169% |
| + Depreciation and write-downs630 | €8,500 | €8,159 | €8,386 | €7,853 | €6,503 | ▼ 17.2% |
| Operating cash flow (approximation) | €19,267 | €25,374 | €22,884 | €24,930 | -€5,335 | ▼ 121% |
| Investment in fixed assets (approximation) | - | -€20,283 | -€9,079 | -€2,017 | €0 | ▲ 100% |
| Change in cash | - | €5,441 | €704 | €11,552 | -€20,489 | ▼ 277% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10,767
Net result €10,767 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €109,695 ▲10.9%
Equity rises from €98,929 to €109,695.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €19,544
Net result €19,544 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €102,301 ▲23.6%
Equity rises from €82,757 to €102,301.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
27-07
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 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Merchtem · 1 establishment unit since 1996
Ground area
1,539 m²
Building footprint
196 m²
Volume, LiDAR
1,577 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Heirbaan 41, 1745 Opwijk
since 19962.078.819.866
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23012G0291/00L000 | Flanders | 830 m² | 1 · 89 m² | 13.1 m · 3 fl. |
| 23060B0710/00Z002indicative | Flanders | 709 m² | 1 · 107 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 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 16,911 companies in sector 62100 we hold annual accounts for 8,786. 6,932 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
Founded09-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458965891
Also
9925:BE0458965891
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.