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DMKV

Active
Private limited companyfounded 20179 yrs activeOude Stationstraat 23, 8700 Tielt, BelgiumKBO/BCE: BE 0671.872.973
Summary

DMKV has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354k and a net result of €42k. Equity is growing by ~81.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability62▼-37
Solvency62▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.97 in 2024; short-term debt: 13.7% and cash: 0.1% of total assets), but 62.6% of the assets are financed with debt.
Credit check for your own amount and term

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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
37.4%
Return on assets
4.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
11 d early
2024
6 d early
2023
1 d early
2022
2 d late
2021
30 d late
2020
29 d early
2019
3 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€354k▲ 4.9%
2024 · €337k
2019: €17klowest in 7 years 2020: €21k▲ +25.6% vs 2019 2021: €48k▲ +125% vs 2020 2022: €94k▲ +95.0% vs 2021 2023: €192k▲ +104% vs 2022 2024: €337k▲ +75.6% vs 2023 2025: €354k▲ +4.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€945k▲ 35.3%
2024 · €698k
2019: €116k 2020: €95k▼ -18.0% vs 2019lowest in 7 years 2021: €113k▲ +19.1% vs 2020 2022: €194k▲ +70.9% vs 2021 2023: €602k▲ +211% vs 2022 2024: €698k▲ +16.0% vs 2023 2025: €945k▲ +35.3% vs 2024highest in 7 years
2019 → 2025
Net result
€42k▼ 75.5%
2024 · €170k
2019: €7k 2020: €277▼ -95.8% vs 2019lowest in 7 years 2021: €41k▲ +14816% vs 2020 2022: €91k▲ +120% vs 2021 2023: €143k▲ +57.6% vs 2022 2024: €170k▲ +18.9% vs 2023highest in 7 years 2025: €42k▼ -75.5% vs 2024
2019 → 2025
Working capital
€97k▼ 28.4%
2024 · €136k
2019: €-15k 2020: €-22k▼ -48.6% vs 2019lowest in 7 years 2021: €-18k▲ +17.8% vs 2020 2022: €9k▲ +150% vs 2021 2023: €-16k▼ -278% vs 2022 2024: €136k▲ +950% vs 2023highest in 7 years 2025: €97k▼ -28.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€48k-€94k▲ 95.0%€192k▲ 104%€337k▲ 75.6%€354k▲ 4.9% 2021: €48klowest in 5 years 2022: €94k▲ +95.0% vs 2021 2023: €192k▲ +104% vs 2022 2024: €337k▲ +75.6% vs 2023 2025: €354k▲ +4.9% vs 2024highest in 5 years
Operating result€47k-€104k▲ 123%€185k▲ 77.8%€211k▲ 13.8%€54k▼ 74.5% 2021: €47klowest in 5 years 2022: €104k▲ +123% vs 2021 2023: €185k▲ +77.8% vs 2022 2024: €211k▲ +13.8% vs 2023highest in 5 years 2025: €54k▼ -74.5% vs 2024
Net result€41k-€91k▲ 120%€143k▲ 57.6%€170k▲ 18.9%€42k▼ 75.5% 2021: €41klowest in 5 years 2022: €91k▲ +120% vs 2021 2023: €143k▲ +57.6% vs 2022 2024: €170k▲ +18.9% vs 2023highest in 5 years 2025: €42k▼ -75.5% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €47k€47kNet result 2021: €41k€41kOperating result 2022: €104k€104kNet result 2022: €91k€91kOperating result 2023: €185k€185kNet result 2023: €143k€143kOperating result 2024: €211k€211kNet result 2024: €170k€170kOperating result 2025: €54k€54kNet result 2025: €42k€42k20212022202320242025€0€100k€200kOperating result 2023: €185k€185kNet result 2023: €143k€143kOperating result 2024: €211k€211kNet result 2024: €170k€170kOperating result 2025: €54k€54kNet result 2025: €42k€42k202320242025
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €945k
Fixed assets €718k ▲ 70.0%
Current assets €227k ▼ 17.6%
Equity and liabilities €945k
Equity €354k ▲ 4.9%
Debt €591k ▲ 63.7%
Debt's share of the balance-sheet total rises from 51.7% to 62.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€102k▼
2024 · €212k
Cash flow
€90k▼
2024 · €172k
Current ratio
1.75▼
2024 · 1.97
Debt to equity
1.67▲
2024 · 1.07
ROE
11.8%▼
2024 · 50.5%
ROA
4.4%▼
2024 · 24.4%
Interest coverage
4.57▼
2024 · 30.25
Debt ≤ 1 year
€130k▼
2024 · €140k
Debt > 1 year
€461k▲
2024 · €221k
Income taxes
€6k▼
2024 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€698k€945k▲
Fixed assets21/28€422k€718k▲
Tangible fixed assets22/27€7k€302k▲
Land and buildings22-€302k
Plant, machinery and equipment23€6k€0▼
Furniture and vehicles24€814€424▼
Financial fixed assets28€416k€416k=
Current assets29/58€276k€227k▼
Amounts receivable after more than one year29€231k€208k▼
Other amounts receivable291€231k€208k▼
Amounts receivable within one year40/41€38k€18k▼
Trade receivables40€18k€18k=
Other amounts receivable41€20k€0▼
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1€344€0▼
Equity and liabilities
Total equity and liabilities10/49€698k€945k▲
Equity10/15€337k€354k▲
Contributions10/11€20k€20k=
Reserves13€317k€334k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€317k€334k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€361k€591k▲
Amounts payable after more than one year17€221k€461k▲
Financial debts170/4€171k€391k▲
Other amounts payable178/9€49k€70k▲
Amounts payable within one year42/48€140k€130k▼
Current portion of amounts payable after more than one year42€46k€52k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€63k€44k▼
Taxes450/3€63k€44k▼
Other amounts payable47/48€26k€29k▲
Accrued charges and deferred income492/3€212€0▼
Income statement Code20242025
Non-recurring operating income76A€19k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€49k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€216k€106k▼
Operating profit (loss)9901€211k€54k▼
Financial income75/76B€10k€16k▲
Recurring financial income75€10k€16k▲
Financial charges65/66B€7k€22k▲
Recurring financial charges65€7k€22k▲
Profit (loss) for the period before taxes9903€214k€47k▼
Income taxes67/77€44k€6k▼
Profit (loss) for the period9904€170k€42k▼
Profit (loss) for the period to be appropriated9905€170k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€170k€42k▼
Transfer to equity691/2€145k€17k▼
To other reserves6921€145k€17k▼
Profit to be distributed694/7€25k€25k=
Return on contributions (dividend)694€0-
Directors or managers695€25k€25k=
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A-€7k-€19k€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k€951€2k€49k▲ 3,061%
Other operating charges640/8-€2k€1k€3k€2k▼ 20.3%
Non-recurring operating charges66A----€1k-
Gross operating margin9900€52k€107k€188k€216k€106k▼ 50.7%
Operating profit (loss)9901€47k€104k€185k€211k€54k▼ 74.5%
Financial income75/76B-€12k€5k€10k€16k▲ 62.3%
Recurring financial income75€4k€12k€5k€10k€16k▲ 62.3%
Financial charges65/66B-€2k€9k€7k€22k▲ 219%
Recurring financial charges65€2k€2k€9k€7k€22k▲ 219%
Profit (loss) for the period before taxes9903€48k€114k€181k€214k€47k▼ 77.9%
Income taxes67/77€7k€23k€38k€44k€6k▼ 86.9%
Profit (loss) for the period9904€41k€91k€143k€170k€42k▼ 75.5%
Profit (loss) for the period to be appropriated9905€41k€91k€143k€170k€42k▼ 75.5%
Line20212022202320242025Change
Assets
Total assets20/58€113k€194k€602k€698k€945k▲ 35.3%
Fixed assets21/28€93k€100k€425k€422k€718k▲ 70.0%
Tangible fixed assets22/27€5k€3k€10k€7k€302k▲ 4,392%
Land and buildings22----€302k-
Plant, machinery and equipment23-€3k€2k€6k€0▼ 100%
Furniture and vehicles24-€406€8k€814€424▼ 47.9%
Financial fixed assets28€87k€97k€416k€416k€416k=
Current assets29/58€20k€94k€176k€276k€227k▼ 17.6%
Amounts receivable after more than one year29-€65k€154k€231k€208k▼ 10.1%
Other amounts receivable291-€65k€154k€231k€208k▼ 10.1%
Amounts receivable within one year40/41€7k€29k€16k€38k€18k▼ 52.4%
Trade receivables40-€15k€2k€18k€18k=
Other amounts receivable41-€14k€14k€20k€0▼ 100%
Cash at bank and in hand54/58€14k-€6k€6k€1k▼ 78.3%
Deferred charges and accrued income490/1-€87€254€344€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€113k€194k€602k€698k€945k▲ 35.3%
Equity10/15€48k€94k€192k€337k€354k▲ 4.9%
Contributions10/11-€20k€20k€20k€20k=
Reserves13€28k€74k€172k€317k€334k▲ 5.2%
Non-distributable reserves130/1-€2k€2k€0--
Reserves not available under the articles1311-€2k€2k€0--
Distributable reserves133-€72k€170k€317k€334k▲ 5.2%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€65k€100k€410k€361k€591k▲ 63.7%
Amounts payable after more than one year17€27k€14k€217k€221k€461k▲ 109%
Financial debts170/4-€14k€217k€171k€391k▲ 128%
Other amounts payable178/9---€49k€70k▲ 42.3%
Amounts payable within one year42/48€38k€85k€192k€140k€130k▼ 7.2%
Current portion of amounts payable after more than one year42-€10k€51k€46k€52k▲ 13.5%
Financial debts43-€3k--€3k-
Credit institutions430/8-€3k--€3k-
Trade debts44€6k€7k€4k€5k€2k▼ 56.6%
Suppliers440/4-€7k€4k€5k€2k▼ 56.6%
Taxes, remuneration and social security45-€21k€53k€63k€44k▼ 30.9%
Taxes450/3-€21k€53k€63k€44k▼ 30.9%
Other amounts payable47/48-€45k€85k€26k€29k▲ 12.2%
Accrued charges and deferred income492/3-€541-€212€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€41k€91k€143k€170k€42k▼ 75.5%
+ Depreciation and write-downs630€3k€1k€951€2k€49k▲ 3,061%
Operating cash flow (approximation)€44k€92k€144k€172k€90k▼ 47.4%
Investment in fixed assets (approximation)-€-8k€-326k€2k€-344k▼ 21,206%
Change in cash---€205€-5k▼ 2,510%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
20-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
25-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Highest result since 2019net €170k ▲18.9%
Operating result €211k, net result €170k, both a record.
31-03
Financial Liquidity doublescurrent ratio 1.97
Current ratio from 0.92 to 1.97; short-term debt falls from €192k to €140k.
31-03
Financial Equity above €200kEq €337k ▲75.6%
6 profitable years in a row build equity to €337k.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Equity above €150kEq €192k ▲104%
5 profitable years in a row build equity to €192k.
2022
02-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial Liquidity doublescurrent ratio 1.11
Current ratio from 0.53 to 1.11.
2021
30-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2020
02-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Weakest financial yearnet €277 ▼95.8%
Net result drops to €277, the lowest in the series; recovery starts the following year.
2019
28-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
06-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Tielt · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
858 m²
Building footprint
626 m²
Volume, LiDAR
3,567 m³
Parcel 37303I0478/00L000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
DMKV
Oude Stationstraat 23, 8700 TieltManufacture of other transport equipment
since 20172.266.317.007
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37303I0478/00L000 Flanders 858 m² 1 · 626 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,153 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
Founded27-02-2017
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
47830Retail sale of motorcycles and motorcycle parts and accessories

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