DPS VERWARMING
ActiveSummary
DPS VERWARMING has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173,459 and a net result of €19,228. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+20
Solvency95▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 5.26 against 9.05 in 2024; short-term debt: 9.6% and cash: 3.6% of total assets), and 30.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.5%
Return on assets
7.7%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €173,459
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
11 d late
2023
29 d late
2022
34 d early
2021
25 d late
2020
53 d late
2019
70 d 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 22 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 11 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€173,459▲ 12.5%
2024 · €154,231
Total assets
€249,476▲ 7.9%
2024 · €231,208
Net result
€19,228▲ 230%
2024 · €5,829
Working capital
€102,398▼ 11.7%
2024 · €115,966
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€81,172▼ 3,023%€7,597-€55€3,826€25,914▲ 577%
Net result-€80,333below the sector's middle half€9,002within the sector's middle half€1,103within the sector's middle half▼ 87.7%€5,829within the sector's middle half▲ 428%€19,228within the sector's middle half▲ 230%
Equity€138,297above the sector's middle half▼ 36.7%€147,299above the sector's middle half▲ 6.5%€148,403above the sector's middle half▲ 0.7%€154,231above the sector's middle half▲ 3.9%€173,459above the sector's middle half▲ 12.5%
Total assets€256,591within the sector's middle half▼ 25.0%€249,703within the sector's middle half▼ 2.7%€238,772within the sector's middle half▼ 4.4%€231,208within the sector's middle half▼ 3.2%€249,476within the sector's middle half▲ 7.9%
Debt€99,294▼ 4.8%€83,404▼ 16.0%€71,369▼ 14.4%€57,976▼ 18.8%€57,017▼ 1.7%
Working capital€106,446above the sector's middle half▼ 43.4%€112,025above the sector's middle half▲ 5.2%€109,728above the sector's middle half▼ 2.1%€115,966above the sector's middle half▲ 5.7%€102,398above the sector's middle half▼ 11.7%
Solvency53.9%within the sector's middle half▼ 10.0pp59.0%within the sector's middle half▲ 5.1pp62.2%within the sector's middle half▲ 3.2pp66.7%within the sector's middle half▲ 4.6pp69.5%within the sector's middle half▲ 2.8pp
Current ratio6.54above the sector's middle half▼ 2.507.92above the sector's middle half▲ 1.387.18above the sector's middle half▼ 0.749.05above the sector's middle half▲ 1.875.26above the sector's middle half▼ 3.78
Return on assets (ROA)-31.3%below the sector's middle half▼ 31.7pp3.6%within the sector's middle half▲ 34.9pp0.5%within the sector's middle half▼ 3.1pp2.5%within the sector's middle half▲ 2.1pp7.7%within the sector's middle half▲ 5.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 577% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €249,476
Fixed assets
€123,062 ▲ 22.0%
Current assets
€126,415 ▼ 3.0%
Equity and liabilities €249,476
Equity
€173,459 ▲ 12.5%
Provisions
€19,000 =
Debt
€57,017 ▼ 1.7%
Debt's share of the balance-sheet total falls from 25.1% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,981▲
2024 · €14,284
Cash flow
€30,296▲
2024 · €16,286
Quick ratio
5.12▼
2024 · 8.79
Debt to equity
0.33▼
2024 · 0.38
ROE
11.1%▲
2024 · 3.8%
Interest coverage
13.56▲
2024 · 4.34
Debt ≤ 1 year
€24,017▲
2024 · €14,409
Debt > 1 year
€33,000▼
2024 · €43,567
Income taxes
€9,183▲
2024 · €786
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €413 | €0 | - | - |
| Remuneration, social security and pensions62 | €981 | €981 | €981 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,856 | €12,017 | €11,736 | €10,458 | €11,068 | ▲ 5.8% |
| Other operating charges640/8 | €847 | €856 | €876 | €791 | €815 | ▲ 3.1% |
| Non-recurring operating charges66A | €79,939 | €0 | - | - | - | - |
| Gross operating margin9900 | €13,451 | €21,450 | €13,538 | €15,074 | €37,796 | ▲ 151% |
| Operating profit (loss)9901 | -€81,172 | €7,597 | -€55 | €3,826 | €25,914 | ▲ 577% |
| Financial income75/76B | €5,622 | €6,639 | €5,086 | €6,079 | €5,225 | ▼ 14.1% |
| Recurring financial income75 | €5,622 | €6,639 | €5,086 | €6,079 | €5,225 | ▼ 14.1% |
| Financial charges65/66B | €4,783 | €4,333 | €3,817 | €3,291 | €2,728 | ▼ 17.1% |
| Recurring financial charges65 | €4,783 | €4,333 | €3,817 | €3,291 | €2,728 | ▼ 17.1% |
| Profit (loss) for the period before taxes9903 | -€80,333 | €9,902 | €1,214 | €6,615 | €28,411 | ▲ 329% |
| Income taxes67/77 | €0 | €900 | €110 | €786 | €9,183 | ▲ 1,068% |
| Profit (loss) for the period9904 | -€80,333 | €9,002 | €1,103 | €5,829 | €19,228 | ▲ 230% |
| Profit (loss) for the period to be appropriated9905 | -€80,333 | €9,002 | €1,103 | €5,829 | €19,228 | ▲ 230% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €256,591 | €249,703 | €238,772 | €231,208 | €249,476 | ▲ 7.9% |
| Fixed assets21/28 | €130,936 | €121,497 | €111,290 | €100,832 | €123,062 | ▲ 22.0% |
| Tangible fixed assets22/27 | €130,936 | €121,497 | €111,290 | €100,832 | €123,062 | ▲ 22.0% |
| Land and buildings22 | €125,875 | €115,635 | €105,931 | €97,592 | €115,037 | ▲ 17.9% |
| Plant, machinery and equipment23 | €5,061 | €4,971 | €4,820 | €3,054 | €8,024 | ▲ 163% |
| Furniture and vehicles24 | - | €891 | €539 | €186 | €0 | ▼ 100% |
| Current assets29/58 | €125,656 | €128,206 | €127,482 | €130,375 | €126,415 | ▼ 3.0% |
| Stocks and contracts in progress3 | €8,000 | €3,650 | €3,650 | €3,650 | €3,500 | ▼ 4.1% |
| Stocks30/36 | €8,000 | €3,650 | €3,650 | €3,650 | €3,500 | ▼ 4.1% |
| Amounts receivable within one year40/41 | €111,110 | €116,197 | €113,217 | €116,477 | €113,829 | ▼ 2.3% |
| Trade receivables40 | €10,912 | €19,028 | €7,726 | €11,112 | €22,286 | ▲ 101% |
| Other amounts receivable41 | €100,197 | €97,168 | €105,491 | €105,365 | €91,543 | ▼ 13.1% |
| Cash at bank and in hand54/58 | €6,469 | €8,264 | €10,597 | €10,248 | €9,085 | ▼ 11.3% |
| Deferred charges and accrued income490/1 | €77 | €95 | €18 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €256,591 | €249,703 | €238,772 | €231,208 | €249,476 | ▲ 7.9% |
| Equity10/15 | €138,297 | €147,299 | €148,403 | €154,231 | €173,459 | ▲ 12.5% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €125,897 | €134,899 | €136,003 | €141,831 | €161,059 | ▲ 13.6% |
| Non-distributable reserves130/1 | €1,900 | €1,900 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,900 | €1,900 | €0 | - | - | - |
| Distributable reserves133 | €123,997 | €132,999 | €136,003 | €141,831 | €161,059 | ▲ 13.6% |
| Provisions and deferred taxes16 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Provisions for liabilities and charges160/5 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Pensions and similar obligations160 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Amounts payable17/49 | €99,294 | €83,404 | €71,369 | €57,976 | €57,017 | ▼ 1.7% |
| Amounts payable after more than one year17 | €80,064 | €67,110 | €53,615 | €43,567 | €33,000 | ▼ 24.3% |
| Financial debts170/4 | - | - | €53,615 | €43,567 | €33,000 | ▼ 24.3% |
| Trade debts175 | €80,064 | €67,110 | €0 | - | - | - |
| Amounts payable within one year42/48 | €19,209 | €16,181 | €17,754 | €14,409 | €24,017 | ▲ 66.7% |
| Current portion of amounts payable after more than one year42 | €12,438 | €12,954 | €13,495 | €10,048 | €10,567 | ▲ 5.2% |
| Financial debts43 | €1,277 | €1,276 | €1,288 | €1,288 | €1,285 | ▼ 0.3% |
| Credit institutions430/8 | €1,277 | €1,276 | €1,288 | €1,288 | €1,285 | ▼ 0.3% |
| Trade debts44 | €3,652 | €1,698 | €2,243 | €1,981 | €5,778 | ▲ 192% |
| Suppliers440/4 | €3,652 | €1,698 | €2,243 | €1,981 | €5,778 | ▲ 192% |
| Taxes, remuneration and social security45 | €1,842 | €253 | €729 | €1,091 | €6,387 | ▲ 485% |
| Taxes450/3 | €1,842 | €253 | €729 | €1,091 | €6,387 | ▲ 485% |
| Accrued charges and deferred income492/3 | €21 | €113 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€80,333 | €9,002 | €1,103 | €5,829 | €19,228 | ▲ 230% |
| + Depreciation and write-downs630 | €12,856 | €12,017 | €11,736 | €10,458 | €11,068 | ▲ 5.8% |
| Operating cash flow (approximation) | -€67,477 | €21,019 | €12,840 | €16,286 | €30,296 | ▲ 86.0% |
| Investment in fixed assets (approximation) | - | -€2,578 | -€1,529 | €0 | -€33,297 | - |
| Change in cash | - | €1,795 | €2,333 | -€349 | -€1,163 | ▼ 233% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €19,228 ▲230%
Operating result €25,914, net result €19,228, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Equity above €150,000Eq €154,231 ▲3.9%
3 profitable years in a row build equity to €154,231.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9,002
Net result €9,002 after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet -€80,333
Net result drops to -€80,333, the lowest in the series; recovery starts the following year.
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Back to profitnet €1,507
Net result €1,507 after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
Show earlier events
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 2008
Ground area
511 m²
Building footprint
153 m²
Volume, LiDAR
787 m³
Parcel 45036A0281/00X000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DPS VERWARMING
since 20082.169.888.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45036A0281/00X000 | Flanders | 511 m² | 1 · 153 m² | 10.9 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
Michaël THONNART CHAUFFAGE-SANITAIRE
BE 0828.252.712
Liège · Eq €173,390
SANI VAN EESBEECK
BE 0806.766.618
Brussel · Eq €173,616
PHIL-O-THERME
BE 0889.626.986
Chaudfontaine · Eq €173,761
ENAMM
BE 0632.740.106
Aalter · Eq €173,871
A.M. TRAVAUX
BE 0444.950.975
Fontaine-l'Evêque · Eq €174,011
Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 4,885 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
Founded30-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895333853
Also
9925:BE0895333853
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.