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DGMV CONSTRUCT

Active
Private limited companyfounded 2022active for 4 yearsRue des Saules 96, 4500 Huy, BelgiumKBO/BCE: BE 0783.560.753
Summary

The computed 12-month bankruptcy probability of DGMV CONSTRUCT is 4.6% (elevated). The 2025 annual accounts show negative equity (-€10,346) and a net result of -€10,522. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 34,728 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€33,469total assets 2025
Equity
-€10,346
Loss
-€10,522
Turnover not published (micro format)
Financial health
34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.6%
Structure
2025 accounts filed 26 days late1 of 2 deeds summarised
Why 34raises riskLiquidity: current ratio 0.68, cash €40, halved1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 28-08-2026)Size: total assets €33,469Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 2% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 0-26
equity -30.9% of total assets
Liquidity 0-25
short-term debt 95.9% · cash 0.1%
Profitability 0=
return on assets -31.4%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025lowest value 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.6%▲ +1.4 percentage points vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.2%▼ -0.4 percentage points vs 10-2025 12-2025: 2.1%▼ -0.1 percentage points vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.1%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.2 percentage points vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.4%▲ +0.1 percentage points vs 06-2026 08-2026: 3.0%▲ +0.6 percentage points vs 07-2026 09-2026: 3.2%▲ +0.2 percentage points vs 08-2026 10-2026: 4.6%▲ +1.4 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.68, compared with 0.84 in 2024, below 1; short-term debt: 95.9% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 3% on solvency, 2% on liquidity, 4% on profitability and 0% on growth.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.68, cash €40, halved
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 28-08-2026)
NBB · annual accounts
lowers risk · Size: total assets €33,469
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€10,346
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
26 days late
2024
18 days late
2023
27 days late
2022
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 23 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Weakest financial yearnet -€10,522

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00438034.

Turnover
€0
2023 · €0
Total assets
€33,469▲ 12.5%
2024 · €29,753
Net result
-€10,522▼ 118%
2024 · -€4,832
Working capital
-€10,355▼ 300%
2024 · -€2,592
Trend over the years

2022 to 2025, 4 financial years

The operating result stays negative: a loss of €9,088 in 2025 against €4,403 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€0 2024 Operating result-€9,088 2025 Net result-€10,522 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Turnover€0€0
Operating result€354-€3,794▲ 972%-€4,403-€9,088▼ 106%
Net result€242below the sector's middle half-€2,266within the sector's middle half▲ 837%-€4,832below the sector's middle half-€10,522below the sector's middle half▼ 118%
Equity€2,742below the sector's middle half-€5,008below the sector's middle half▲ 82.6%€176below the sector's middle half▼ 96.5%-€10,346below the sector's middle half
Total assets€3,486below the sector's middle half-€13,327below the sector's middle half▲ 282%€29,753below the sector's middle half▲ 123%€33,469below the sector's middle half▲ 12.5%
Debt€744-€8,319▲ 11×€29,577▲ 256%€43,815▲ 48.1%
Working capital€1,439below the sector's middle half-€4,430within the sector's middle half▲ 208%-€2,592below the sector's middle half-€10,355below the sector's middle half▼ 300%
Solvency37.6%within the sector's middle half0.6%below the sector's middle half▼ 37.0pp-30.9%below the sector's middle half▼ 31.5pp
Current ratio1.53within the sector's middle half0.84below the sector's middle half▼ 0.690.68below the sector's middle half▼ 0.17
Return on assets (ROA)17.0%within the sector's middle half-16.2%below the sector's middle half▼ 33.2pp-31.4%below the sector's middle half▼ 15.2pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33,469
Fixed assets €11,723 ▼ 25.6%
Current assets €21,747 ▲ 55.3%
Equity and liabilities
Equity-€10,346
Debt€43,815
Equity is negative: debt (€43,815) exceeds the balance-sheet total (€33,469).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€5,059▼
2024 · -€3,461
Cash flow
-€6,493▼
2024 · -€3,889
Quick ratio
0.58▼
2024 · 0.65
Interest coverage
-3.91▲
2024 · -11.50
Debt ≤ 1 year
€32,102▲
2024 · €16,594
Debt > 1 year
€11,055▼
2024 · €12,983
Income taxes
€141▲
2024 · €128
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.6% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,639 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,753€33,469▲
Fixed assets21/28€15,751€11,723▼
Tangible fixed assets22/27€15,751€11,723▼
Furniture and vehicles24€15,751€11,723▼
Current assets29/58€14,002€21,747▲
Stocks and contracts in progress3€3,145€3,145=
Stocks30/36€3,145€3,145=
Amounts receivable within one year40/41€10,022€18,562▲
Trade receivables40€3,805€18,562▲
Other amounts receivable41€6,216€0▼
Cash at bank and in hand54/58€835€40▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€29,753€33,469▲
Equity10/15€176-€10,346▼
Contributions10/11€2,500€2,500=
Reserves13€2,508€2,508=
Distributable reserves133€2,508€2,508=
Profit (loss) carried forward14-€4,832-€15,354▼
Amounts payable17/49€29,577€43,815▲
Amounts payable after more than one year17€12,983€11,055▼
Financial debts170/4€12,983€11,055▼
Amounts payable within one year42/48€16,594€32,102▲
Current portion of amounts payable after more than one year42€1,672€1,928▲
Trade debts44€4,742€17,670▲
Suppliers440/4€4,742€17,670▲
Taxes, remuneration and social security45€1,226€286▼
Taxes450/3€1,226€286▼
Other amounts payable47/48€8,954€12,217▲
Accrued charges and deferred income492/3-€659
Income statement Code20242025
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€942€4,029▲
Other operating charges640/8€766€680▼
Gross operating margin9900-€2,694-€4,379▼
Operating profit (loss)9901-€4,403-€9,088▼
Financial charges65/66B€301€1,294▲
Recurring financial charges65€301€1,294▲
Profit (loss) for the period before taxes9903-€4,704-€10,381▼
Income taxes67/77€128€141▲
Profit (loss) for the period9904-€4,832-€10,522▼
Profit (loss) for the period to be appropriated9905-€4,832-€10,522▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4,832-€15,354▼
Profit (loss) brought forward from the previous period14P--€4,832

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Turnover70-€0€0--
Goods, raw materials, services and sundry goods60/61€4,682€0€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€147€725€942€4,029▲ 328%
Other operating charges640/8-€500€766€680▼ 11.2%
Gross operating margin9900€501€5,019-€2,694-€4,379▼ 62.5%
Operating profit (loss)9901€354€3,794-€4,403-€9,088▼ 106%
Financial income75/76B-€0---
Recurring financial income75-€0---
Financial charges65/66B-€469€301€1,294▲ 330%
Recurring financial charges65-€469€301€1,294▲ 330%
Profit (loss) for the period before taxes9903€354€3,325-€4,704-€10,381▼ 121%
Income taxes67/77€112€1,059€128€141▲ 10.1%
Profit (loss) for the period9904€242€2,266-€4,832-€10,522▼ 118%
Profit (loss) for the period to be appropriated9905€242€2,266-€4,832-€10,522▼ 118%
Line2022202320242025Change
Assets
Total assets20/58€3,486€13,327€29,753€33,469▲ 12.5%
Fixed assets21/28€1,303€578€15,751€11,723▼ 25.6%
Tangible fixed assets22/27€1,303€578€15,751€11,723▼ 25.6%
Furniture and vehicles24€1,303€578€15,751€11,723▼ 25.6%
Current assets29/58€2,183€12,749€14,002€21,747▲ 55.3%
Stocks and contracts in progress3--€3,145€3,145=
Stocks30/36--€3,145€3,145=
Amounts receivable within one year40/41€782€3,883€10,022€18,562▲ 85.2%
Trade receivables40€600€2,300€3,805€18,562▲ 388%
Other amounts receivable41€182€1,583€6,216€0▼ 100%
Cash at bank and in hand54/58€1,401€8,723€835€40▼ 95.3%
Deferred charges and accrued income490/1-€143€0--
Equity and liabilities
Total equity and liabilities10/49€3,486€13,327€29,753€33,469▲ 12.5%
Equity10/15€2,742€5,008€176-€10,346-
Contributions10/11€2,500€2,500€2,500€2,500=
Reserves13€242€2,508€2,508€2,508=
Distributable reserves133€242€2,508€2,508€2,508=
Profit (loss) carried forward14€0--€4,832-€15,354▼ 218%
Amounts payable17/49€744€8,319€29,577€43,815▲ 48.1%
Amounts payable after more than one year17--€12,983€11,055▼ 14.9%
Financial debts170/4--€12,983€11,055▼ 14.9%
Amounts payable within one year42/48€744€8,319€16,594€32,102▲ 93.5%
Current portion of amounts payable after more than one year42--€1,672€1,928▲ 15.3%
Trade debts44€53€0€4,742€17,670▲ 273%
Suppliers440/4€53€0€4,742€17,670▲ 273%
Taxes, remuneration and social security45€112€1,070€1,226€286▼ 76.6%
Taxes450/3€112€1,070€1,226€286▼ 76.6%
Other amounts payable47/48€579€7,249€8,954€12,217▲ 36.4%
Accrued charges and deferred income492/3---€659-
Line2022202320242025Change
Profit (loss) for the period9904€242€2,266-€4,832-€10,522▼ 118%
+ Depreciation and write-downs630€147€725€942€4,029▲ 328%
Operating cash flow (approximation)€389€2,991-€3,889-€6,493▼ 66.9%
Investment in fixed assets (approximation)-€0-€16,116€0-
Change in cash-€7,322-€7,888-€795▲ 89.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 26-08-2026 2026-00438034
31-12-2024 micro format 18-08-2025 2025-00383035
31-12-2023 micro format 27-08-2024 2024-00385234
31-12-2022 micro format 21-08-2023 2023-00347132

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 22,634 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,502. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 18 March 2022, DGMV CONSTRUCT was incorporated as a private limited company.1 In 2026 the registered office moved to Huy.2 Total assets went from €3,486 in 2022 to €33,469 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-10-2026
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-10
Gazette deed Registered office
Registered-office move · Director in office2 facts ▸
  • Registered-office move, Rue des Saules 96, 4500 Huy
  • Director in office, DUIA Gianin (manager)
26-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 26 days late
2025
31-12
Financial Weakest financial yearnet -€10,522
Net result drops to -€10,522, the lowest in the series.
18-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 18 days late
2024
27-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 27 days late
2023
31-12
Financial Highest result from 2022 to 2025net €2,266 ▲837%
Operating result €3,794, net result €2,266, both a record.
21-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 21 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded18-03-2022
Financial year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43120Site preparation
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0783560753
Also 9925:BE0783560753
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

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, with enterprise number 0783.560.753

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
886 m²
Building footprint
478 m²
Building volume
6,029 m³
2 parcels, Wallonia · tallest building 16.4 m. Linked by address, not a title deed.
1 establishment unit
DGMV CONSTRUCT
Chaussée Napoléon 2, 4500 HuyGeneral electrical installation work
since 2022unit no. 2.331.023.331
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
61031C0547/00N000
ProtectedSite or landscapeSite formé par l'ensemble de la citadelle et les terrains du Mont PicardSource ↗
Wallonia 567 m² 1 · 380 m² 16.4 m · 5
61061A0344/00K006 Wallonia 319 m² 1 · 99 m² 5.8 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.