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DNV IMMO

Active
Private limited companyfounded 20187 yrs activeRue de Tournai (Que) 130, 7972 Beloeil, BelgiumKBO/BCE: BE 0712.512.114
Summary

The computed 12-month bankruptcy probability of DNV IMMO is 3.5% (moderate). The 2025 annual accounts show negative equity (-€191,837) and a net result of -€12,951. Equity is shrinking by ~22.6% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2023
Profitability16▼-34
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.29 in 2023; short-term debt: 83.7% and cash: 0.3% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-38.3%
Return on assets
-2.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
192021222325
2019 to 2025 · latest year -€191,837
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filings
Deviation from the deadline
2025
31 d late
2023
92 d late
2022
63 d late
2021
4 d early
2020
271 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 91 days after the deadline; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were 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 October (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 24 October 2018, DNV IMMO was incorporated.1 Total assets went from EUR 157,431 in 2019 to EUR 501,513 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€191,837▼ 4.2%
2023 · -€184,169
Total assets
€501,513▲ 11.9%
2023 · €448,019
Net result
-€12,951▼ 22.2%
2023 · -€10,600
Working capital
-€265,362▼ 28.8%
2023 · -€206,020
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232025
Operating result-€41,202▼ 25.9%-€55,008▼ 33.5%-€22,799▲ 58.6%-€9,786▲ 57.1%-€11,940-
Net result-€43,262▼ 27.8%-€67,381▼ 55.8%-€35,278▲ 47.6%-€10,600▲ 70.0%-€12,951-
Equity-€70,910▼ 156%-€138,291▼ 95.0%-€173,569▼ 25.5%-€184,169▼ 6.1%-€191,837-
Total assets€239,367▲ 52.0%€394,457▲ 64.8%€467,441▲ 18.5%€448,019▼ 4.2%€501,513-
Debt€310,277▲ 67.6%€532,748▲ 71.7%€641,010▲ 20.3%€632,188▼ 1.4%€693,350-
Working capital-€288,684▼ 65.1%-€229,624▲ 20.5%-€185,255▲ 19.3%-€206,020▼ 11.2%-€265,362-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€80,000-€60,000-€40,000-€20,000€0Operating result 2020: -€41,202-€41,202Net result 2020: -€43,262-€43,262Operating result 2021: -€55,008-€55,008Net result 2021: -€67,381-€67,381Operating result 2022: -€22,799-€22,799Net result 2022: -€35,278-€35,278Operating result 2023: -€9,786-€9,786Net result 2023: -€10,600-€10,600Operating result 2025: -€11,940-€11,940Net result 2025: -€12,951-€12,95120202021202220232025-€40,000-€30,000-€20,000-€10,000€0Operating result 2022: -€22,799-€22,800Net result 2022: -€35,278-€35,300Operating result 2023: -€9,786-€9,790Net result 2023: -€10,600-€10,600Operating result 2025: -€11,940-€11,900Net result 2025: -€12,951-€13,000202220232025
The operating result is -€11,940 in 2025, compared with -€9,786 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €501,513
Fixed assets €347,150 ▼ 4.7%
Current assets €154,363 ▲ 84.7%
Key figures and ratios
2025 value · change against 2023
EBITDA
-€7,744▼
2023 · €3,347
Cash flow
-€8,755▼
2023 · €2,533
Solvency
-38.3%▲
2023 · -41.1%
Current ratio
0.37▲
2023 · 0.29
Debt to equity
-3.61▼
2023 · -3.43
ROA
-2.6%▼
2023 · -2.4%
Interest coverage
-7.66▼
2023 · 4.11
Debt ≤ 1 year
€419,725▲
2023 · €289,596
Debt > 1 year
€273,625▼
2023 · €342,592
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,171 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • negative equity
  • a small loss
1.7% went bankrupt
2.6% stopped otherwise
95% still going

A further 1.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,171 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 2023 · 36 lines
Balance sheet Code20232025
Assets
Total assets20/58€448,019€501,513▲
Fixed assets21/28€364,443€347,150▼
Tangible fixed assets22/27€364,443€347,150▼
Land and buildings22€355,805€345,150▼
Furniture and vehicles24€8,638€2,000▼
Current assets29/58€83,576€154,363▲
Amounts receivable within one year40/41€78,772€150,275▲
Trade receivables40€53,351€124,854▲
Other amounts receivable41€25,422€25,422=
Cash at bank and in hand54/58€4,804€1,562▼
Deferred charges and accrued income490/1-€2,526
Equity and liabilities
Total equity and liabilities10/49€448,019€501,513▲
Equity10/15-€184,169-€191,837▼
Contributions10/11€6,200€6,200=
Outside capital11€6,200-
Other1109/19€6,200-
Profit (loss) carried forward14-€190,369-€198,037▼
Amounts payable17/49€632,188€693,350▲
Amounts payable after more than one year17€342,592€273,625▼
Financial debts170/4€342,592€273,625▼
Amounts payable within one year42/48€289,596€419,725▲
Current portion of amounts payable after more than one year42-€23,929
Trade debts44-€2,096
Suppliers440/4-€2,096
Other amounts payable47/48€289,596€393,700▲
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,133€4,196▼
Other operating charges640/8€339€1,113▲
Gross operating margin9900€3,686-€6,632▼
Operating profit (loss)9901-€9,786-€11,940▼
Financial charges65/66B€814€1,011▲
Recurring financial charges65€814€1,011▲
Profit (loss) for the period before taxes9903-€10,600-€12,951▼
Profit (loss) for the period9904-€10,600-€12,951▼
Profit (loss) for the period to be appropriated9905-€10,600-€12,951▼
Appropriation of the result
Profit (loss) to be appropriated9906-€190,369-€198,037▼
Profit (loss) brought forward from the previous period14P-€179,769-€185,086▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232025Change
Goods, raw materials, services and sundry goods60/61€33,761-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,582-€13,133€13,133€4,196-
Other operating charges640/8€1,859€1,418€2,640€339€1,113-
Gross operating margin9900-€33,761-€53,590-€7,026€3,686-€6,632-
Operating profit (loss)9901-€41,202-€55,008-€22,799-€9,786-€11,940-
Financial charges65/66B€2,060€12,373€12,479€814€1,011-
Recurring financial charges65€2,060€12,373€12,479€814€1,011-
Profit (loss) for the period before taxes9903-€43,262-€67,381-€35,278-€10,600-€12,951-
Profit (loss) for the period9904-€43,262-€67,381-€35,278-€10,600-€12,951-
Profit (loss) for the period to be appropriated9905-€43,262-€67,381-€35,278-€10,600-€12,951-
Line20202021202220232025Change
Assets
Total assets20/58€239,367€394,457€467,441€448,019€501,513-
Fixed assets21/28€217,774€361,614€377,422€364,443€347,150-
Tangible fixed assets22/27€217,774€361,614€377,422€364,443€347,150-
Land and buildings22€182,870€326,710€355,651€355,805€345,150-
Furniture and vehicles24€34,904€34,904€21,771€8,638€2,000-
Current assets29/58€21,593€32,843€90,019€83,576€154,363-
Amounts receivable within one year40/41€15,708€27,821€43,618€78,772€150,275-
Trade receivables40€2,000€2,849€16,034€53,351€124,854-
Other amounts receivable41€13,708€24,972€27,584€25,422€25,422-
Cash at bank and in hand54/58€5,495€3,227€46,401€4,804€1,562-
Deferred charges and accrued income490/1€390€1,796--€2,526-
Equity and liabilities
Total equity and liabilities10/49€239,367€394,457€467,441€448,019€501,513-
Equity10/15-€70,910-€138,291-€173,569-€184,169-€191,837-
Contributions10/11€6,200€6,200€6,200€6,200€6,200-
Capital10€6,200-----
Issued capital100€18,600-----
Uncalled capital101€12,400-----
Outside capital11-€6,200€6,200€6,200--
Other1109/19-€6,200€6,200€6,200--
Profit (loss) carried forward14-€77,110-€144,491-€179,769-€190,369-€198,037-
Amounts payable17/49€310,277€532,748€641,010€632,188€693,350-
Amounts payable after more than one year17-€270,281€365,736€342,592€273,625-
Financial debts170/4-€270,281€365,736€342,592€273,625-
Amounts payable within one year42/48€310,277€262,467€275,274€289,596€419,725-
Current portion of amounts payable after more than one year42----€23,929-
Financial debts43€105,721-----
Other loans439€105,721-----
Trade debts44€10,339€5,220--€2,096-
Suppliers440/4€10,339€5,220--€2,096-
Other amounts payable47/48€194,217€257,247€275,274€289,596€393,700-
Line20202021202220232025Change
Profit (loss) for the period9904-€43,262-€67,381-€35,278-€10,600-€12,951-
+ Depreciation and write-downs630€5,582-€13,133€13,133€4,196-
Operating cash flow (approximation)-€37,680-€67,381-€22,145€2,533-€8,755-
Investment in fixed assets (approximation)--€143,840-€28,941-€154--
Change in cash--€2,268€43,174-€41,598--

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 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
02-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
28-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 271 days late
2021
31-12
Financial Weakest financial yearnet -€67,381
Net result drops to -€67,381, the lowest in the series; recovery starts the following year.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Beloeil · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,992 m²
Building footprint
468 m²
Parcel 51050A1613/00F026, Wallonia. Linked by address, not a title deed.
1 establishment unit
DNV IMMO
Rue de Tournai (Que) 130, 7972 BeloeilRenting and operating of own or leased residential real estate, excluding social housing
since 20182.284.956.051
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
51050A1613/00F026 Wallonia 2,992 m² 1 · 468 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded24-10-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0712512114
Also 9925:BE0712512114
Registered 28-05-2025

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

Register as of 28 September 2026 · Peppol Directory

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