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DNV Belgium

Active
Public limited companyfounded 199035 years activeNoorderlaan 147, 2030 Antwerpen, BelgiumKBO/BCE: BE 0442.556.164
Summary

DNV Belgium has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €921,568 and a net result of €264,745. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 24% of 3,820 sector peers (NACE 70, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200Other technical testing and analysis NACE 71209
1 site
Size
€3.9mtotal assets 2025
Staff
27.6 FTE
Equity
€921,568
Profit
€264,745
Net result -78%: other schema
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
DNV Group AS
Auditor: KPMG BedrijfsrevisorenAccounts 28 days early
Why 92- Equity €921,568 (23.8% of total assets)+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Liquidity: current ratio 1.62, cash €590,447+ Figures for FY 2025 (filed 03-07-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 70, small)
Financial strength · tick = 2024
Average
Solvency 49-1
equity 23.8% of total assets
Liquidity 37-3
short-term debt 60.8% · cash 15.2%
Profitability 77-23
return on assets 6.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,512 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.34 in 2024; short-term debt: 60.8% and cash: 15.2% of total assets), but 76.2% of the assets are financed with debt.
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 70, small): better than 24% on solvency, 22% on liquidity, 74% on profitability and 31% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Seven signals.
−lowers risk+raises risk○neutral
raises risk · Equity €921,568 (23.8% of total assets)
NBB · annual accounts
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.62, cash €590,447
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 03-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3820 sector peers (2025).
NBB · sector comparison
Position among 3820 sector peers
Solvency
better than 24%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €921,568
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
29 days early
2023
34 days early
2022
34 days early
2021
6 days early
2020
16 days early
2019
67 days late
← 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 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Resignations & appointmentsState Gazette act
  2. Annual accounts filedfiscal year 2025 · full…
  3. Resignation: Anje Deschoolmeester (director)State Gazette act

Key points

  • Caution: Result fell in 2025different schema filed ▼ 77.7% View
  • Among the largest 5% on gross marginsector median €99,900 · 2,651 companies €5.2m View
  • Positive: 8 profitable years in a rowprofit 2025: €264,745 8 years View
  • Controlled by DNV Group AS parent View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View
  • A director leftlatest change 31-12-2025 · 2 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€3.9m
Profit
€264,745
Solvency
23.8%
Go to Financials

Board & ownership

Board
2 members
Parent
DNV Group AS
Auditor
KPMG Bedrijfsrevisoren
  • Patrick KirchnerManaging director
  • Günther WillemsManaging director
Go to Board & ownership

Timeline

Events
47
Since
2004
Next accounts
by 31-07-2027
  1. 02-07-2025Annual accounts filed
  2. 31-12-2024Highest result since 2018
  3. 31-12-2024Equity above €500,000
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
28-12-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Purpose
Het classificeren, certificeren en waarborgen van de kwaliteit van schepen, faciliteiten…
Go to Articles of association

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