DV FINANCES
ActiveSummary
The computed 12-month bankruptcy probability of DV FINANCES is 1.7% (moderate). The 2025 annual accounts show equity of €88k and a net result of €-12k. Equity remains stable across the filed fiscal years (±1% per year). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▲+26
Solvency42▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.57 in 2024; short-term debt: 15.7% and cash: 0.2% of total assets), and 82.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
17.2%
Return on assets
-2.3%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 10 filingsDeviation from the deadline
2025
55 d late
2024
152 d late
2023
182 d late
2022
5 d early
2021
59 d late
2020
3 d early
2019
31 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▼ 11.8%
2024 · €100k
2018: €77k
2019: €98k
2020: €104k
2021: €37k
2022: €-7k
2023: €189k
2024: €100k
2018 → 2025
Total assets
€513k▼ 16.3%
2024 · €613k
2018: €748k
2019: €738k
2020: €567k
2021: €511k
2022: €470k
2023: €492k
2024: €613k
2018 → 2025
Net result
€-12k▲ 86.8%
2024 · €-89k
2018: €34k
2019: €21k
2020: €15k
2021: €-10k
2022: €-44k
2023: €196k
2024: €-89k
2018 → 2025
Working capital
€-79k▼ 23.2%
2024 · €-64k
2018: €-198k
2019: €-169k
2020: €-194k
2021: €-274k
2022: €-269k
2023: €143k
2024: €-64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€-7k€189k€100k▼ 47.2%€88k▼ 11.8%
Operating result€3k-€-33k€42k€-70k€879
Net result€-10k-€-44k▼ 330%€196k€-89k€-12k▲ 86.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €879 after a loss of €70k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513k
Fixed assets
€511k ▼ 3.4%
Current assets
€2k ▼ 97.9%
Equity and liabilities €513k
Equity
€88k ▼ 11.8%
Provisions
€64k ▼ 3.1%
Debt
€361k ▼ 19.2%
Debt's share of the balance-sheet total falls from 73.0% to 70.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▲
2024 · €-22k
Cash flow
€6k▲
2024 · €-42k
Current ratio
0.02▼
2024 · 0.57
Debt to equity
4.09▼
2024 · 4.47
ROE
-13.4%▲
2024 · -89.3%
ROA
-2.3%▲
2024 · -14.6%
Interest coverage
1.28▲
2024 · -1.07
Debt ≤ 1 year
€81k▼
2024 · €148k
Debt > 1 year
€281k▼
2024 · €300k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€613k€513k▼
Fixed assets21/28€529k€511k▼
Tangible fixed assets22/27€529k€511k▼
Land and buildings22€505k€489k▼
Plant, machinery and equipment23€113-
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€22k€21k▼
Current assets29/58€83k€2k▼
Amounts receivable within one year40/41€80k-
Trade receivables40€720-
Other amounts receivable41€79k-
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€580€580=
Equity and liabilities
Total equity and liabilities10/49€613k€513k▼
Equity10/15€100k€88k▼
Contributions10/11€19k€19k=
Reserves13€226k€220k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€197k€191k▼
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€-144k€-150k▼
Provisions and deferred taxes16€66k€64k▼
Deferred taxes168€66k€64k▼
Amounts payable17/49€447k€361k▼
Amounts payable after more than one year17€300k€281k▼
Financial debts170/4€300k€281k▼
Amounts payable within one year42/48€148k€81k▼
Current portion of amounts payable after more than one year42€18k€19k▲
Financial debts43€127k-
Credit institutions430/8€127k-
Trade debts44€2k€22k▲
Suppliers440/4€2k€22k▲
Other amounts payable47/48-€40k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€18k▼
Other operating charges640/8-€2k
Gross operating margin9900€-22k€21k▲
Operating profit (loss)9901€-70k€879▲
Financial charges65/66B€21k€15k▼
Recurring financial charges65€21k€15k▼
Profit (loss) for the period before taxes9903€-91k€-14k▲
Transfer from deferred taxes780€1k€2k▲
Profit (loss) for the period9904€-89k€-12k▲
Transfer from tax-exempt reserves789€4k€6k▲
Profit (loss) for the period to be appropriated9905€-86k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-144k€-150k▼
Profit (loss) brought forward from the previous period14P€-59k€-144k▼
The notes to these accounts (8 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
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
04-09
State Gazette act
Resignation: MICHIELS Thierry (director)Reappointment: VOTO Delia (director) · Shareholding · Capital16 facts ▸
State Gazette act
Resignation: MICHIELS Thierry (director)
Reappointment: VOTO Delia (director) · Shareholding · Capital16 facts ▸
- General meeting, assemblée générale extraordinaire, 14:00
- Shareholding, 31-08-2026, 112
- Shareholding, 31-08-2026, 74
- Capital
- Name change, DV FINANCES
- Other statement, autorisation de distribution d'acomptes sur dividendes, dans les conditions prévues par le Code des société et des associations
- Statutes amendment
- Director resignation, MICHIELS Thierry (director)
- Director reappointment, VOTO Delia (director)
- Registered office clause, 6110 Montigny-le-Tilleul, rue des Argentines, numéro 17
- Other statement, quorum atteint, assemblée valablement composée et apte à délibérer
- Capital
- +4 further facts in this act
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 182 days late
2024
31-12
Financial
Weakest financial yearnet €-89k
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
2023
31-12
Financial
Back to profitnet €196k
Net result €196k after 2 loss-making years.
31-12
Financial
Liquidity times 24current ratio 10.29
Current ratio from 0.43 to 10.29; short-term debt falls from €473k to €15k.
31-12
Financial
Equity above €150kEq €189k
Equity rises from €-7k to €189k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €104k ▲5.8%
3 profitable years in a row build equity to €104k.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
VOTO Delia
CurrentDirector
04-09-2026
MICHIELS Thierry: Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Montigny-le-Tilleul · 1 establishment unit since 2018
Ground area
1,204 m²
Building footprint
179 m²
Volume, LiDAR
1,420 m³
Parcel 52048D0065/00B018, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DV FINANCES
since 20182.270.530.369
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048D0065/00B018 | Wallonia | 1,204 m² | 1 · 179 m² | 10.9 m · 3 fl. |
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.
Articles of association
Who signs
Each director alone
Daily management
The board decides whether the delegates act alone or jointly
Annual meeting
Third Friday of June at 18:00
Duration
Unlimited
Purpose
L'intermédiation en services bancaires, services d'investissement et crédits, ainsi que toutes opérations et tous services qui y sont liés ou qui entrent habituellement dans…
Full purpose (15 activities)
- L'intermédiation en services bancaires, services d'investissement et crédits, ainsi que toutes opérations et tous services qui y sont liés ou qui entrent habituellement dans l'activité d'agent bancaire
- L'intermédiation en assurances
- L'exploitation en qualité d'intermédiaire de tous établissements de services bancaires
- Participer à la récolte des capitaux, à l'octroi de crédits, de financements, de prêts personnels, de prêts hypothécaires, de prêts professionnels ainsi qu’à la distribution d'assurances, à la gestion centralisée de sinistres et d’expertises en matière d’assurance et de manière générale, à la perception de commissions et de courtages
- Faire pour elle-même ou pour compte de tiers toutes opérations commerciales, toutes opérations de leasing, de factoring, de change et de gestion
- Exercer l’activité d’apporteur d’affaires pour du matériel de sécurité, d’alarmes en tous genres en Belgique et à l’étranger
- Procéder à toutes les opérations commerciales ou civiles, financières ou immobilières, tant pour son compte que pour le compte de tiers, qui peuvent promouvoir ou contribuer directement ou indirectement à la réalisation de l’objet social de la société, tant en Belgique qu’à l’étranger
- S’intéresser par voie d’association, d’apport, de fusion, d’intervention financière ou autrement à toutes sociétés, associations ou entreprises dont l’objet est identique ou analogue au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
- La constitution et la gestion d'un patrimoine immobilier
- Toutes les opérations relatives aux biens immobiliers et aux droits réels immobiliers, telles que la location-financement de biens immobiliers aux tiers, l'entretien, le lotissement, la construction
- Se porter caution, garant ou fournir des sûretés réelles au profit de sociétés ou d’entreprises dans lesquelles elle possède une participation ou plus généralement des intérêts
- Se porter caution ou conférer toutes suretés personnelles ou réelles pour compte de tiers, notamment de ses gérants
- S’intéresser à la prospection et l'exploitation de maisons, appartements, bureaux, magasins, fonds de commerce, terrains, terres et domaines, et de manière générale de tous biens immobiliers
- L’achat et la vente, ainsi que la gestion, l’administration, l’échange, la mise en valeur, la division de biens mobiliers et toutes opérations directement ou indirectement liées à son objet et qui sont de nature à favoriser le rendement des biens mobiliers
- Exercer les fonctions d’administrateur ou de liquidateur dans d’autres sociétés
Other provisions of the articles (29)
- Quorum rule: sans qu’il soit tenu compte des abstentions dans le numérateur ou dans le dénominateur, trois quarts des voix
- Legal form clause: société à responsabilité limitée
- Name clause: DV FINANCES
- Registered office clause: Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger
- Share issue rule: En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la société et aux époques qu’il jugera utiles, les…
- Share issue rule: Les actions nouvelles à souscrire en numéraire doivent être offertes par préférence aux actionnaires existants, proportionnellement au nombre d’actions qu’ils d…
- Share class: nominatives, Les titulaires d’actions peuvent prendre connaissance de ce registre relatif à leurs titres
- Transfer restriction: Les actions peuvent être cédées entre vifs ou transmises pour cause de mort, sans agrément
- Board rule: A défaut d’indication de durée, le mandat sera censé conféré sans limitation de durée, nommés avec ou sans limitation de durée
- Board rule: Cette rémunération sera portée aux frais généraux, indépendamment des frais éventuels de représentation, voyages et déplacements, L’assemblée générale décide si…
- Other statement (3)
- Auditor rule
- Meeting notice
- Meeting access (2)
- Meeting procedure (3)
- Voting rule (2)
- Proxy rule
- Profit allocation
- Dissolution rule
- Liquidation rule
- Liquidation distribution
- 2 more provisions in the deed
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2014
Fiscal year end31-12
Legal name FR
RODAV
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:dvfinances2026@outlook.com
E-mail:rodav2023@outlook.com