DV²
ActiveSummary
The computed 12-month bankruptcy probability of DV² is 1.7% (moderate). The 2025 annual accounts show equity of €96k and a net result of €13k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 2179 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+22
Solvency46▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.24 in 2024; short-term debt: 36.3% and cash: 3.5% of total assets), and 79% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2025Solvency, return and age of the figures
Solvency
21%
Return on assets
2.9%
Age of the figures
9 mo
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 21-07-2026, 10 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
10 d early
2024
13 d early
2023
26 d early
2022
18 d early
2021
11 d late
2020
21 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€96k▲ 15.8%
2024 · €83k
2020: €31k
2021: €55k
2022: €77k
2023: €90k
2024: €83k
2020 → 2025
Total assets
€458k▲ 0.7%
2024 · €455k
2020: €253k
2021: €319k
2022: €379k
2023: €501k
2024: €455k
2020 → 2025
Net result
€13k
2024 · €-8k
2020: €-4k
2021: €24k
2022: €22k
2023: €14k
2024: €-8k
2020 → 2025
Working capital
€-123k▼ 3.8%
2024 · €-118k
2020: €-67k
2021: €-114k
2022: €-90k
2023: €-91k
2024: €-118k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€77k▲ 39.0%€90k▲ 18.0%€83k▼ 8.3%€96k▲ 15.8%
Operating result€34k-€32k▼ 7.1%€28k▼ 10.9%€6k▼ 77.2%€26k▲ 300%
Net result€24k-€22k▼ 10.3%€14k▼ 36.0%€-8k€13k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 300% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €457k
Fixed assets
€414k ▼ 0.4%
Current assets
€43k ▲ 13.6%
Equity and liabilities €458k
Equity
€96k ▲ 15.8%
Debt
€362k ▼ 2.7%
Debt's share of the balance-sheet total falls from 81.8% to 79.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €8k
Cash flow
€15k▲
2024 · €-6k
Current ratio
0.26▲
2024 · 0.24
Debt to equity
3.76▼
2024 · 4.48
ROE
13.6%▲
2024 · -9.1%
ROA
2.9%▲
2024 · -1.7%
Interest coverage
2.66▲
2024 · 0.58
Debt ≤ 1 year
€166k▲
2024 · €156k
Debt > 1 year
€180k▼
2024 · €202k
Income taxes
€2k▲
2024 · €0
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€455k€458k▲
Formation expenses20€954€391▼
Fixed assets21/28€416k€414k▼
Tangible fixed assets22/27€3k€961▼
Plant, machinery and equipment23€1k€376▼
Furniture and vehicles24€1k€585▼
Financial fixed assets28€413k€413k=
Current assets29/58€38k€43k▲
Amounts receivable within one year40/41€28k€26k▼
Trade receivables40€2k€420▼
Other amounts receivable41€26k€26k=
Cash at bank and in hand54/58€8k€16k▲
Deferred charges and accrued income490/1€1k€838▼
Equity and liabilities
Total equity and liabilities10/49€455k€458k▲
Equity10/15€83k€96k▲
Contributions10/11€35k€35k=
Profit (loss) carried forward14€48k€61k▲
Amounts payable17/49€372k€362k▼
Amounts payable after more than one year17€202k€180k▼
Financial debts170/4€202k€180k▼
Amounts payable within one year42/48€156k€166k▲
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€3k€20k▲
Suppliers440/4€3k€20k▲
Taxes, remuneration and social security45€12k€7k▼
Taxes450/3€12k€7k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€119k€117k▼
Accrued charges and deferred income492/3€13k€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€998€803▼
Non-recurring operating charges66A€36k€0▼
Gross operating margin9900€45k€31k▼
Operating profit (loss)9901€6k€26k▲
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€14k€10k▼
Recurring financial charges65€14k€10k▼
Profit (loss) for the period before taxes9903€-8k€15k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-8k€13k▲
Profit (loss) for the period to be appropriated9905€-8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€61k▲
Profit (loss) brought forward from the previous period14P€55k€48k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-8k ▼155%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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, Merelbeke-Melle · 1 establishment unit since 2019
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.
Fraterstraat 109A9820 Merelbeke-MelleGround area
1.2 ha
Building footprint
6,717 m²
Volume, LiDAR
845 m³
Parcel 44043A0726/00W002, Flanders · tallest building 5.2 m. Linked by address, not a title deed.
1 establishment unit
DV²
since 20192.293.929.145
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0726/00W002 | Flanders | 1.2 ha | 1 · 6,717 m² | 5.2 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 795 EUR awarded · 795 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 557 EUR | 557 EUR |
| 2024 | 1 | 238 EUR | 238 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,168 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43350Other building finishing work
43990Other specialised construction activities
70100Activities of head offices
70200Business and other management consultancy
71111Activities of building architects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.