Dlv Sanithermic
ActiveThe computed 12-month bankruptcy probability of Dlv Sanithermic is 3.5% (moderate). The 2024 annual accounts show equity of €48k and a net result of €-33k. Equity is shrinking by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 3549 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability8▼-73
Solvency38▼-42
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.16 against 2.06 in 2023; short-term debt: 22.4% of total assets), and 87.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
12.6%
Return on assets
-8.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3549 sector peers (2024).
NBB · sector comparisonPosition among 3549 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
76 d late
2023
30 d late
2022
58 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-33k
2023 · €15k
2022: €62k
2023: €15k
2022 → 2024
Working capital
€14k▼ 77.0%
2023 · €60k
2022: €47k
2023: €60k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€67k-€81k▲ 22.2%€48k▼ 40.7%
Operating result€78k-€20k▼ 74.3%€-27k
Net result€62k-€15k▼ 76.0%€-33k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €27k after €20k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €384k
Fixed assets
€284k▲ 762%
Current assets
€100k▼ 14.5%
Equity and liabilities €384k
Equity
€48k▼ 40.7%
Debt
€335k▲ 393%
The debt ratio rises from 45.5% to 87.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-12k▼
2023 · €31k
Cash flow
€-18k▼
2023 · €25k
Solvency
12.6%▼
2023 · 54.5%
Current ratio
1.16▼
2023 · 2.06
Quick ratio
1.01▼
2023 · 1.50
Debt / equity
6.94▲
2023 · 0.83
ROE
-68.7%▼
2023 · 18.2%
ROA
-8.6%▼
2023 · 9.9%
Interest coverage
-2.16▼
2023 · 62.96
Debt
€335k▲
2023 · €68k
Debt ≤ 1 year
€86k▲
2023 · €57k
Debt > 1 year
€250k▲
2023 · €11k
Income taxes
€931▼
2023 · €5k
Staff costs
€12k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€149k€384k▲
Fixed assets21/28€33k€284k▲
Intangible fixed assets21€480€293▼
Tangible fixed assets22/27€32k€283k▲
Land and buildings22€5k€246k▲
Plant, machinery and equipment23€6k€22k▲
Furniture and vehicles24€8k€7k▼
Leasing and similar rights25€13k€8k▼
Financial fixed assets28€175€975▲
Current assets29/58€117k€100k▼
Stocks and contracts in progress3€32k€13k▼
Stocks30/36€19k€13k▼
Contracts in progress37€13k€0▼
Amounts receivable within one year40/41€74k€87k▲
Trade receivables40€67k€38k▼
Other amounts receivable41€8k€49k▲
Cash at bank and in hand54/58€10k-
Deferred charges and accrued income490/1€486-
Equity and liabilities
Total equity and liabilities10/49€149k€384k▲
Equity10/15€81k€48k▼
Contributions10/11€5k€5k=
Reserves13€60k€20k▼
Distributable reserves133€60k€20k▼
Profit (loss) carried forward14€16k€23k▲
Amounts payable17/49€68k€335k▲
Amounts payable after more than one year17€11k€250k▲
Financial debts170/4€11k€250k▲
Amounts payable within one year42/48€57k€86k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43-€13k
Credit institutions430/8-€13k
Trade debts44€22k€54k▲
Suppliers440/4€22k€54k▲
Taxes, remuneration and social security45€20k€6k▼
Taxes450/3€19k€6k▼
Remuneration and social security454/9€776-
Other amounts payable47/48€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€4k€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€15k▲
Other operating charges640/8€1k€863▼
Gross operating margin9900€36k€1k▼
Operating profit (loss)9901€20k€-27k▼
Financial income75/76B€273€17▼
Recurring financial income75€273€17▼
Non-recurring financial income76B€273€17▼
Financial charges65/66B€808€6k▲
Recurring financial charges65€485€5k▲
Non-recurring financial charges66B€322€58▼
Profit (loss) for the period before taxes9903€19k€-32k▼
Income taxes67/77€5k€931▼
Profit (loss) for the period9904€15k€-33k▼
Profit (loss) for the period to be appropriated9905€15k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-17k▼
Profit (loss) brought forward from the previous period14P€2k€16k▲
Transfer from equity791/2-€40k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 76 days late
2024
31-12
Financial
Weakest financial yearnet €-33k ▼324%
Net result drops to €-33k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Nandrin · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Martyrs 354550 NandrinGround area
4,494 m²
Building footprint
68 m²
Volume, LiDAR
489 m³
2 parcels, Wallonia · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Dlv Sanithermic
since 20212.320.802.303
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61043B0096/00N000 | Wallonia | 4,123 m² | - | - |
| 61043B0107/00H002 | Wallonia | 371 m² | 1 · 68 m² | 9.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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BE 0549.899.730
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V.S.M.L.
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ENV
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,659. 4,525 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2021
Fiscal year end31-12
Abbreviation FR
Dlv
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
42219Civil engineering
43221Plumbing work
47210Retail sale of fruit and vegetables
47521Retail sale of hardware, building materials, paint and glass (general range)
47810Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dlv.sanithermic@gmail.com
Phone:+32471119339