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DV ENGINEERING

Active
Private limited companyfounded 2024active for 2 yearsRue de Luna(ET) 15, 7730 Estaimpuis, BelgiumKBO/BCE: BE 1008.505.139
Summary

DV ENGINEERING has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,371 and a net result of €6,781. The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
€21,371▲ 38.6%
2024 · €15,423
Total assets
€34,409▲ 28.4%
2024 · €26,800
Net result
€6,781▼ 48.8%
2024 · €13,256
Working capital
€18,776▲ 37.4%
2024 · €13,666
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 50% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€8,827 2025 Net result€6,781 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€17,684-€8,827▼ 50.1%
Net result€13,256-€6,781▼ 48.8%
Equity€15,423-€21,371▲ 38.6%
Total assets€26,800-€34,409▲ 28.4%
Debt€11,377-€13,038▲ 14.6%
Working capital€13,666-€18,776▲ 37.4%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34,409
Fixed assets €2,595 ▲ 47.7%
Current assets €31,815 ▲ 27.0%
Equity and liabilities €34,409
Equity €21,371 ▲ 38.6%
Debt €13,038 ▲ 14.6%
Debt's share of the balance-sheet total falls from 42.5% to 37.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,489▼
2024 · €17,831
Cash flow
€7,443▼
2024 · €13,404
Current ratio
2.44▲
2024 · 2.20
Debt to equity
0.61▼
2024 · 0.74
ROE
31.7%▼
2024 · 85.9%
ROA
19.7%▼
2024 · 49.5%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€13,038▲
2024 · €11,377
Income taxes
€2,522▼
2024 · €4,912
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 39,278 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 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€26,800€34,409▲
Fixed assets21/28€1,757€2,595▲
Tangible fixed assets22/27€1,757€2,595▲
Other tangible fixed assets26€1,757€2,595▲
Current assets29/58€25,043€31,815▲
Amounts receivable within one year40/41€7,667€6,435▼
Trade receivables40€109€190▲
Other amounts receivable41€7,558€6,245▼
Cash at bank and in hand54/58€16,115€23,742▲
Deferred charges and accrued income490/1€1,261€1,637▲
Equity and liabilities
Total equity and liabilities10/49€26,800€34,409▲
Equity10/15€15,423€21,371▲
Contributions10/11€3,000€3,000=
Reserves13€12,420€18,370▲
Distributable reserves133€12,420€18,370▲
Profit (loss) carried forward14€3€1▼
Amounts payable17/49€11,377€13,038▲
Amounts payable within one year42/48€11,377€13,038▲
Trade debts44€4,627€3,391▼
Suppliers440/4€4,627€3,391▼
Taxes, remuneration and social security45€5,917€7,684▲
Taxes450/3€5,917€7,684▲
Other amounts payable47/48€833€1,964▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148€662▲
Other operating charges640/8€209€1,466▲
Non-recurring operating charges66A-€68
Gross operating margin9900€18,040€11,024▼
Operating profit (loss)9901€17,684€8,827▼
Financial income75/76B€485€497▲
Recurring financial income75€485€497▲
Financial charges65/66B€1€21▲
Recurring financial charges65€1€21▲
Profit (loss) for the period before taxes9903€18,168€9,303▼
Income taxes67/77€4,912€2,522▼
Profit (loss) for the period9904€13,256€6,781▼
Profit (loss) for the period to be appropriated9905€13,256€6,781▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,256€6,784▼
Profit (loss) brought forward from the previous period14P-€3
Transfer to equity691/2€12,420€5,950▼
To other reserves6921€12,420€5,950▼
Profit to be distributed694/7€833€833=
Return on contributions (dividend)694€833€833=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148€662▲ 348%
Other operating charges640/8€209€1,466▲ 601%
Non-recurring operating charges66A-€68-
Gross operating margin9900€18,040€11,024▼ 38.9%
Operating profit (loss)9901€17,684€8,827▼ 50.1%
Financial income75/76B€485€497▲ 2.4%
Recurring financial income75€485€497▲ 2.4%
Financial charges65/66B€1€21▲ 34×
Recurring financial charges65€1€21▲ 34×
Profit (loss) for the period before taxes9903€18,168€9,303▼ 48.8%
Income taxes67/77€4,912€2,522▼ 48.7%
Profit (loss) for the period9904€13,256€6,781▼ 48.8%
Profit (loss) for the period to be appropriated9905€13,256€6,781▼ 48.8%
Line20242025Change
Assets
Total assets20/58€26,800€34,409▲ 28.4%
Fixed assets21/28€1,757€2,595▲ 47.7%
Tangible fixed assets22/27€1,757€2,595▲ 47.7%
Other tangible fixed assets26€1,757€2,595▲ 47.7%
Current assets29/58€25,043€31,815▲ 27.0%
Amounts receivable within one year40/41€7,667€6,435▼ 16.1%
Trade receivables40€109€190▲ 74.5%
Other amounts receivable41€7,558€6,245▼ 17.4%
Cash at bank and in hand54/58€16,115€23,742▲ 47.3%
Deferred charges and accrued income490/1€1,261€1,637▲ 29.8%
Equity and liabilities
Total equity and liabilities10/49€26,800€34,409▲ 28.4%
Equity10/15€15,423€21,371▲ 38.6%
Contributions10/11€3,000€3,000=
Reserves13€12,420€18,370▲ 47.9%
Distributable reserves133€12,420€18,370▲ 47.9%
Profit (loss) carried forward14€3€1▼ 70.3%
Amounts payable17/49€11,377€13,038▲ 14.6%
Amounts payable within one year42/48€11,377€13,038▲ 14.6%
Trade debts44€4,627€3,391▼ 26.7%
Suppliers440/4€4,627€3,391▼ 26.7%
Taxes, remuneration and social security45€5,917€7,684▲ 29.9%
Taxes450/3€5,917€7,684▲ 29.9%
Other amounts payable47/48€833€1,964▲ 136%
Line20242025Change
Profit (loss) for the period9904€13,256€6,781▼ 48.8%
+ Depreciation and write-downs630€148€662▲ 348%
Operating cash flow (approximation)€13,404€7,443▼ 44.5%
Investment in fixed assets (approximation)--€1,500-
Change in cash-€7,627-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00384479
31-12-2024 micro format 31-07-2025 2025-00355215

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.