De.Vi.Construct
ActiveSummary
De.Vi.Construct has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,543 and a net result of €141,668. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 19% of 9,394 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-04-2019 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.288.391.831 4880 Aubel, since 02-05-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 15-05-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €299,721
- ▲ 65.3%
- Turnover
- ≈ €670,000
- estimated
- Profit
- €141,668
- ▲ 91.2%
- Equity
- €33,543
- ▲ 5.2%
- Total assets
- €297,061
- ▲ 50.6%
- Employees on 31-12-2025
- 2
- =
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2019Equity €33,543 (11.3% of total assets)lowers riskLiquidity: current ratio 0.86, cash €192,000Show the evidence
Checked score
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 19% of them on solvency, 54% on liquidity, 91% on profitability and 47% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 7 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 97% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 2 | 3 | 2 | 2 |
| full-time | 1 | 2 | 3 | 2 | 2 |
| part-time | 0 | 0 | 0 | 0 | 0 |
| in full-time equivalents | 1 | 2 | 3 | 2 | 2 |
| Average over the year, in full-time equivalents | 1.4 | 1.1 | 2.2 | 2.8 | 2.4 |
| On a permanent contract | 1 | 1 | 1 | 1 | 1 |
| Joined | 2 | 1 | 1 | 1 | 2 |
| Left | 2 | 0 | 0 | 2 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,192 | €6,688 | €8,463 | €58,634 | €24,967 |
| Financial fixed assets | - | - | €1,000 | €50 | €0 |
| Depreciation and write-downs of the year | €2,370 | €4,365 | €5,628 | €9,099 | €19,830 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €43,270 | €47,863 | €65,697 | €74,357 | €87,876 | ▲ 18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €585 | €1,301 | €2,370 | €4,365 | €5,628 | €9,099 | €19,830 | ▲ 118% |
| Other operating charges640/8 | - | - | €429 | €3,247 | €819 | €1,480 | €2,473 | ▲ 67.1% |
| Non-recurring operating charges66A | - | - | - | - | €112 | €0 | - | - |
| Gross operating margin9900 | €36,475 | €51,628 | €136,988 | €152,762 | €219,571 | €181,286 | €299,721 | ▲ 65.3% |
| Operating profit (loss)9901 | €35,760 | €47,673 | €90,919 | €97,287 | €147,315 | €96,350 | €189,542 | ▲ 96.7% |
| Financial income75/76B | - | - | €153 | €1 | €8 | €245 | €58 | ▼ 76.2% |
| Recurring financial income75 | €1 | €277 | €153 | €1 | €8 | €245 | €58 | ▼ 76.2% |
| Financial charges65/66B | - | - | €133 | €290 | €177 | €193 | €167 | ▼ 13.6% |
| Recurring financial charges65 | €10 | €11 | €133 | €290 | €177 | €193 | €167 | ▼ 13.6% |
| Profit (loss) for the period before taxes9903 | €35,751 | €47,939 | €90,938 | €96,998 | €147,147 | €96,402 | €189,434 | ▲ 96.5% |
| Income taxes67/77 | €7,156 | €9,064 | €17,937 | €17,383 | €37,254 | €22,306 | €47,765 | ▲ 114% |
| Profit (loss) for the period9904 | €28,595 | €38,875 | €73,002 | €79,615 | €109,893 | €74,096 | €141,668 | ▲ 91.2% |
| Profit (loss) for the period to be appropriated9905 | €28,595 | €38,875 | €73,002 | €79,615 | €109,893 | €74,096 | €141,668 | ▲ 91.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €55,025 | €107,457 | €164,003 | €261,016 | €182,035 | €197,227 | €297,061 | ▲ 50.6% |
| Formation expenses20 | €862 | €659 | €456 | €254 | €51 | €0 | - | - |
| Fixed assets21/28 | €2,451 | €4,623 | €10,648 | €13,174 | €17,099 | €65,985 | €71,122 | ▲ 7.8% |
| Tangible fixed assets22/27 | €2,451 | €4,249 | €10,274 | €12,799 | €15,725 | €65,311 | €70,448 | ▲ 7.9% |
| Plant, machinery and equipment23 | - | - | €8,847 | €9,837 | €10,862 | €10,762 | €7,003 | ▼ 34.9% |
| Furniture and vehicles24 | - | - | €1,427 | €2,963 | €4,863 | €44,457 | €55,507 | ▲ 24.9% |
| Other tangible fixed assets26 | - | - | - | - | - | €10,092 | €7,937 | ▼ 21.4% |
| Financial fixed assets28 | - | €374 | €374 | €374 | €1,374 | €674 | €674 | = |
| Current assets29/58 | €51,712 | €102,174 | €152,899 | €247,589 | €164,885 | €131,242 | €225,939 | ▲ 72.2% |
| Amounts receivable within one year40/41 | €3,368 | €45,085 | €44,226 | €59,575 | €32,514 | €48,677 | €23,124 | ▼ 52.5% |
| Trade receivables40 | - | - | €36,754 | €57,908 | €31,694 | €30,824 | €15,430 | ▼ 49.9% |
| Other amounts receivable41 | - | - | €7,471 | €1,667 | €820 | €17,852 | €7,694 | ▼ 56.9% |
| Cash at bank and in hand54/58 | €46,531 | €53,427 | €102,518 | €179,038 | €124,273 | €69,811 | €192,000 | ▲ 175% |
| Deferred charges and accrued income490/1 | - | - | €6,154 | €8,976 | €8,098 | €12,754 | €10,815 | ▼ 15.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €55,025 | €107,457 | €164,003 | €261,016 | €182,035 | €197,227 | €297,061 | ▲ 50.6% |
| Equity10/15 | €36,595 | €75,469 | €147,671 | €227,286 | €147,779 | €31,875 | €33,543 | ▲ 5.2% |
| Contributions10/11 | €8,000 | - | €8,000 | €8,000 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €28,595 | €67,469 | €139,671 | €219,286 | €129,179 | €13,275 | €14,943 | ▲ 12.6% |
| Amounts payable17/49 | €18,430 | €31,987 | €16,332 | €33,730 | €34,256 | €165,353 | €263,518 | ▲ 59.4% |
| Amounts payable within one year42/48 | €18,430 | €31,987 | €16,332 | €33,730 | €34,256 | €165,227 | €263,440 | ▲ 59.4% |
| Trade debts44 | €9,545 | €18,079 | €8,015 | €22,893 | €16,784 | €16,424 | €21,498 | ▲ 30.9% |
| Suppliers440/4 | - | - | €8,015 | €22,893 | €16,784 | €16,424 | €21,498 | ▲ 30.9% |
| Taxes, remuneration and social security45 | - | - | €2,662 | €6,357 | €12,854 | €11,251 | €15,425 | ▲ 37.1% |
| Taxes450/3 | - | - | €1,436 | €4,481 | €12,244 | €7,888 | €14,041 | ▲ 78.0% |
| Remuneration and social security454/9 | - | - | €1,226 | €1,876 | €609 | €3,363 | €1,384 | ▼ 58.9% |
| Other amounts payable47/48 | - | - | €5,655 | €4,480 | €4,618 | €137,552 | €226,517 | ▲ 64.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €125 | €78 | ▼ 37.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,595 | €38,875 | €73,002 | €79,615 | €109,893 | €74,096 | €141,668 | ▲ 91.2% |
| + Depreciation and write-downs630 | €585 | €1,301 | €2,370 | €4,365 | €5,628 | €9,099 | €19,830 | ▲ 118% |
| Operating cash flow (approximation) | €29,179 | €40,176 | €75,371 | €83,980 | €115,521 | €83,195 | €161,498 | ▲ 94.1% |
| Investment in fixed assets (approximation) | - | -€3,474 | -€8,395 | -€6,890 | -€9,554 | -€57,985 | -€24,967 | ▲ 56.9% |
| Change in cash | - | €6,896 | €49,091 | €76,520 | -€54,765 | -€54,462 | €122,189 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,713 companies had the same profile as De.Vi.Construct has now. Two years later, 1.8% had gone bankrupt and 95.8% were still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of De.Vi.Construct itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for De.Vi.Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00200137 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00238976 | |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00230794 | |
| 31-12-2022 | micro format | 02-06-2023 | 2023-00114304 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20252865 | |
| 31-12-2020 | full format | 13-08-2021 | 2021-48400342 | |
| 31-12-2019 | full format | 17-07-2020 | 2020-31300556 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-01-2024 Converted to unavailable equity
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, prix mentionné dans notification initiale”
Articles of association, deed of 26-01-2024 (in French)
Network & group
De.Vi.Construct shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of De.Vi.Construct. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-01
Gazette deed
Reappointment: DENOËL Vincent (director)Capital conversion · Reserve release · Purpose change10 points ▸
- General meeting, 12-12-2023
- Other provision, “adaptation statuts au CSA et maintien forme SRL, adapter statuts aux dispositions CSA” (deed in French)
- Capital conversion, “compte de capitaux propres indisponible” (deed in French)
- Reserve release, “supprimer compte de capitaux propres statutairement indisponible, rendre fonds disponibles pour distribution” (deed in French)
- Other provision, “modification objet, rapport organe administration, dispense président donner lecture rapport justification détaillée extension proposée” (deed in French)
- Purpose change
- Amendment of the articles
- Capital
- Director reappointment, DENOËL Vincent (director (not named in the articles))
- Power of attorney, DENOËL Vincent (mandataire)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
13 activities
- L'étude et la réalisation de tous travaux de construction, publics et privés, en qualité d'entrepreneur général ou en sous-traitance, la conception et la construction de tous bâtiments et édifices, l'étude et la réalisation de décorations tant intérieures qu'extérieures et plus généralement, toute activité en rapport avec l'entreprise générale de construction ainsi que toutes transformations ayant un lien quelconque avec la construction dont, entreprise générale de construction avec coordination des travaux par sous-traitants ou non, terrassements, maçonnerie et béton, démolition, pose d'égouts, couvertures non métalliques de construction, étanchéité de bâtiments, installateur électricien, menuiserie et charpente en PVC, bois ou métaux, et généralement en toute matière,
- Pose de parquets, placement de serrurerie et de quincaillerie du bâtiment, placement de plinthes et portes en matières plastiques, bois et métalliques ou généralement en toute matière, pose de cloisons et faux plafonds en bois et en gyproc et éléments de plâtre, et généralement en toute matière, recouvrement de murs et plafonds par application d'éléments métalliques ou plus généralement, en toute matière, placement de ferronnerie, pose de marbrerie et de pierre de taille, vitrage, sanitaire et plomberie, installation d'adoucisseurs d'eau, installateur en chauffage central, chauffage au gaz par appareil individuel, le placement, l'entretien et la réparation de tous brûleurs, installation de ventilation et d'aération de chauffage à air chaud, de conditionnement d'air et de calorifugeage des tuyauteries et canalisations, tubage de cheminées, carrelage, plafonnage, rejointoyage, pose de chapes, peintures, restauration et le nettoyage et le lavage de bâtiments, façades et monuments, isolation thermique et acoustique, placards et cuisines équipées, frigoriste, enseignes lumineuses, aménagement et entretien de terrains divers, placement de clôtures et palissades et toutes activités généralement quelconques à caractère immobilier telles que vente, achat, transformation de biens immobiliers pour le compte de la société ou d'un tiers.
- Toutes opérations se rapportant directement ou indirectement à l'entretien, la rénovation, les travaux de réparations, d'embellissements, de renouvellement et de modernisation, et la maintenance de tous les types d'ouvrages d'art, de biens immeubles, et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment ;
- La prestation de conseils et d'assistance tant au point de vue technique qu'administratif et commercial à toutes sociétés et entreprises, en matière de planification, d’organisation, de recherche et de développement technologique et plus généralement, pour tout ce qui concerne le secteur des biens immobiliers ;
- L'acquisition et la gestion de tous terrains, ou immeubles bâtis et plus généralement de tout patrimoine immobilier, la construction de tous bâtiments publics et particuliers, l'achat, la vente, la location, la division et le lotissement de tous immeubles, et plus généralement la mise en valeur, directement ou indirectement, de ce patrimoine immobilier ;
- La prise en considération de tous travaux concernant la distribution de l'eau, du gaz, de l'électricité, etc., l'établissement et l'exploitation de tous moyens de transport, ports, canaux, routes, etc. ;
- L'achat, la vente, la location, l'importation, l'exportation de tous matériaux, marchandises, appareils et outillages nécessaires aux travaux de construction, d'entretien, de maintenance, de réparation et de renouvellement des ouvrages d'art et bâtiments ;
- La préparation, la rédaction et la conclusion en tant que mandataire ou pour compte propre, de tous marchés de travaux publics ou privés ou de fourniture et faite toutes opérations se rattachant à ces objets ;
- L’arbitrage et la conciliation entre la direction d’une entreprise et ses salariés ou entre toute entreprise et tout maître d’ouvrage ;
- La gestion de projets, le coaching individuel et collectif, le conseil stratégique et opérationnel, la politique et la communication des toutes entreprises ;
- La location de matériel agricole, la location de matériel et équipements pour la construction, la construction de bâtiments d'usage industriel, commercial ou agricole, la construction de hangars, granges, silos à usage agricole ainsi que la location de terrain (bâti ou non) à usage agricole
- L’activité de marchand de biens immobiliers, la promotion immobilière et marchands de biens immobiliers, la promotion immobilière de maisons d'habitation neuves ou de travaux de rénovation, la promotion immobilière d'immeubles résidentiels
- Et généralement toutes opérations commerciales, industrielles, mobilières, immobilières ou financières se rattachant directement ou indirectement à l'industrie des travaux publics et privés.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0724.972.060
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63003B0737/00R000 | Wallonia | 1,309 m² | 1 · 110 m² | 9.5 m · 2 |