DV-LEC
ActiveDV-LEC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €251k and a net result of €32k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-12
Solvency82▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.59 in 2024; short-term debt: 13.1% and cash: 12.9% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
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
57.3%
Return on assets
7.2%
Age of the figures
12 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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-12-2025, 140 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
140 d early
2024
140 d early
2023
35 d early
2022
83 d early
2021
79 d early
2020
74 d early
2019
80 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€251k▲ 3.5%
2024 · €242k
2018: €121k
2019: €146k
2020: €169k
2021: €184k
2022: €182k
2023: €206k
2024: €242k
2018 → 2025
Total assets
€438k▼ 10.6%
2024 · €490k
2018: €193k
2019: €203k
2020: €240k
2021: €343k
2022: €425k
2023: €563k
2024: €490k
2018 → 2025
Net result
€32k▼ 61.7%
2024 · €83k
2018: €22k
2019: €25k
2020: €23k
2021: €23k
2022: €20k
2023: €47k
2024: €83k
2018 → 2025
Working capital
€126k▼ 11.3%
2024 · €142k
2018: €115k
2019: €141k
2020: €164k
2021: €26k
2022: €58k
2023: €79k
2024: €142k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€182k▼ 1.6%€206k▲ 13.5%€242k▲ 17.6%€251k▲ 3.5%
Operating result€35k-€29k▼ 18.5%€70k▲ 142%€119k▲ 70.6%€48k▼ 59.4%
Net result€23k-€20k▼ 15.7%€47k▲ 142%€83k▲ 74.2%€32k▼ 61.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €438k
Fixed assets
€255k▼ 1.5%
Current assets
€183k▼ 20.8%
Equity and liabilities €438k
Equity
€251k▲ 3.5%
Debt
€187k▼ 24.4%
The debt ratio falls from 50.5% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▼
2024 · €131k
Cash flow
€45k▼
2024 · €95k
Solvency
57.3%▲
2024 · 49.5%
Current ratio
3.20▲
2024 · 2.59
Quick ratio
2.84▲
2024 · 2.13
Debt / equity
0.75▼
2024 · 1.02
ROE
12.6%▼
2024 · 34.1%
ROA
7.2%▼
2024 · 16.9%
Interest coverage
9.59▼
2024 · 21.05
Debt
€187k▼
2024 · €248k
Debt ≤ 1 year
€57k▼
2024 · €89k
Debt > 1 year
€126k▼
2024 · €152k
Income taxes
€12k▼
2024 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€490k€438k▼
Fixed assets21/28€259k€255k▼
Intangible fixed assets21€448€328▼
Tangible fixed assets22/27€258k€255k▼
Land and buildings22€250k€250k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€231k€183k▼
Stocks and contracts in progress3€41k€21k▼
Stocks30/36€41k€21k▼
Amounts receivable within one year40/41€11k€30k▲
Trade receivables40€8k€30k▲
Other amounts receivable41€2k-
Current investments50/53€125k€70k▼
Cash at bank and in hand54/58€47k€57k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€490k€438k▼
Equity10/15€242k€251k▲
Contributions10/11€6k€6k=
Reserves13€198k€207k▲
Distributable reserves133€198k€207k▲
Profit (loss) carried forward14€38k€38k=
Amounts payable17/49€248k€187k▼
Amounts payable after more than one year17€152k€126k▼
Financial debts170/4€72k€61k▼
Other amounts payable178/9€80k€65k▼
Amounts payable within one year42/48€89k€57k▼
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€8k€7k▼
Suppliers440/4€8k€7k▼
Advances received on contracts in progress46€15k€7k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€51k€29k▼
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€133k€63k▼
Operating profit (loss)9901€119k€48k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€115k€44k▼
Income taxes67/77€33k€12k▼
Profit (loss) for the period9904€83k€32k▼
Profit (loss) for the period to be appropriated9905€83k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€70k▼
Profit (loss) brought forward from the previous period14P€38k€38k=
Transfer from equity791/2€47k€23k▼
Transfer to equity691/2€83k€32k▼
To other reserves6921€83k€32k▼
Profit to be distributed694/7€47k€23k▼
Return on contributions (dividend)694€47k€23k▼
The notes to these accounts (12 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
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
11-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Highest result since 2018net €83k ▲74.2%
Operating result €119k, net result €83k, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200kEq €206k ▲13.5%
6 profitable years in a row build equity to €206k.
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €20k ▼15.7%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
10-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €150kEq €169k ▲15.9%
3 profitable years in a row build equity to €169k.
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Mont-de-l'Enclus · 1 establishment unit since 2011
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.
Chemin d'Hollaye(AN) 77750 Mont-de-l'EnclusGround area
3,159 m²
Building footprint
109 m²
Volume, LiDAR
500 m³
Parcel 57002C0187/00H000, Wallonia · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DV-LEC
since 20112.199.952.278
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57002C0187/00H000 | Wallonia | 3,159 m² | 1 · 109 m² | 5.7 m · 2 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.
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TERMOTE
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,895 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2011
Fiscal year end30-09
Activities, NACEBEL
43211General electrical installation work
33120Repair and maintenance of machinery
43212Electrical installation work in industrial facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.