DV PROJECTS
Dissolved and wound up on 05-03-2026Overview
Overview
Official details
Source: KBO- Status
- Dissolved and wound up on 05-03-2026 deed of 01-04-2026
- Activity
- No activity registered in the KBO
- Financial year end
- 30 June
- Peppol
- Reachable since 13-02-2025
Financial position
No score
Annual accounts to 30-06-2025
- Gross margin
- €254,581
- ▲ 172%
- Turnover
- ≈ €510,000
- estimated
- Profit
- €125,696
- ▲ 947%
- Equity
- €299,391
- ▲ 72.4%
- Total assets
- €359,793
- ▲ 48.5%
- Staff
- 0.8 FTE
- ▼ 20.0%
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 11-12-2025 PDF all 9 filings
Turnover
≈ €510,000
Estimated: probably between €360,000 and €740,000
Total assets
€359,793▲ 48.5%
2024 · €242,322
Net result
€125,696▲ 947%
2024 · €12,010
Working capital
€241,312▲ 441%
2024 · €44,607
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€188,316
▲ 672%
2025
20192025
Net result
€125,696
▲ 947%
2025
20192025
Equity
€299,391
▲ 72.4%
2025
20192025
Total assets
€359,793
▲ 48.5%
2025
20192025
Debt
€60,402
▼ 12.0%
2025
20192025
Working capital
€241,312
▲ 441%
2025
20192025
Staff (FTE)
0.8
▼ 20.0%
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€77,544-€37,907▼ 51.1%€51,888▲ 36.9%€4,771▼ 90.8%€68,731▲ 14×€24,381▼ 64.5%€188,316▲ 672%
Net result€60,144-€28,349▼ 52.9%€39,721▲ 40.1%€1,850▼ 95.3%€53,620▲ 29×€12,010▼ 77.6%€125,696▲ 947%
Equity€125,797-€154,146▲ 22.5%€193,866▲ 25.8%€208,067▲ 7.3%€261,686▲ 25.8%€173,696▼ 33.6%€299,391▲ 72.4%
Total assets€313,183-€303,913▼ 3.0%€286,978▼ 5.6%€321,344▲ 12.0%€353,135▲ 9.9%€242,322▼ 31.4%€359,793▲ 48.5%
Debt€187,386-€149,767▼ 20.1%€93,112▼ 37.8%€113,277▲ 21.7%€91,449▼ 19.3%€68,627▼ 25.0%€60,402▼ 12.0%
Working capital€45,740-€70,634▲ 54.4%€111,535▲ 57.9%€119,219▲ 6.9%€172,647▲ 44.8%€44,607▼ 74.2%€241,312▲ 441%
Staff (FTE)0.61▲ 66.7%1=1=0.8▼ 20.0%
The operating result for 2025 is 7.7 times that of 2024 and the highest since 2019. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €359,793
Fixed assets
€58,080 ▼ 63.3%
Current assets
€301,714 ▲ 258%
Equity and liabilities €359,793
Equity
€299,391 ▲ 72.4%
Debt
€60,402 ▼ 12.0%
Debt's share of the balance-sheet total falls from 28.3% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€216,278▲
2024 · €55,449
Cash flow
€153,657▲
2024 · €43,078
Current ratio
5.00▲
2024 · 2.12
Debt to equity
0.20▼
2024 · 0.40
ROE
42.0%▲
2024 · 6.9%
ROA
34.9%▲
2024 · 5.0%
Interest coverage
77.76▲
2024 · 20.32
Debt ≤ 1 year
€60,402▲
2024 · €39,673
Income taxes
€61,068▲
2024 · €10,043
Staff costs
€35,379▼
2024 · €36,287
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | - |
| full-time | 1 | 1 | 1 | - |
| part-time | 0 | - | - | - |
| in full-time equivalents | 1 | 1 | 1 | - |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 0.8 |
| On a permanent contract | 1 | 1 | 1 | - |
| Joined | - | - | - | 0 |
| Left | - | - | - | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €14,300 | €11,074 | €71,721 | - |
| Depreciation and write-downs of the year | €25,718 | €25,847 | €31,069 | €27,962 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €33,904 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €37,455 | €40,431 | €36,287 | €35,379 | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,201 | €26,515 | €25,721 | €25,718 | €25,847 | €31,069 | €27,962 | ▼ 10.0% |
| Other operating charges640/8 | - | - | - | €2,812 | €2,474 | €1,697 | €1,313 | ▼ 22.6% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €1,610 | - |
| Gross operating margin9900 | €107,359 | €65,877 | €100,256 | €70,757 | €137,483 | €93,433 | €254,581 | ▲ 172% |
| Operating profit (loss)9901 | €77,544 | €37,907 | €51,888 | €4,771 | €68,731 | €24,381 | €188,316 | ▲ 672% |
| Financial income75/76B | - | - | - | €1,340 | €1,467 | €400 | €1,229 | ▲ 207% |
| Recurring financial income75 | €1,978 | €1,546 | €1,322 | €1,340 | €1,467 | €400 | €1,229 | ▲ 207% |
| Financial charges65/66B | - | - | - | €3,270 | €2,720 | €2,729 | €2,781 | ▲ 1.9% |
| Recurring financial charges65 | €4,476 | €3,680 | €3,904 | €3,270 | €2,720 | €2,729 | €2,781 | ▲ 1.9% |
| Profit (loss) for the period before taxes9903 | €75,046 | €35,772 | €49,305 | €2,842 | €67,478 | €22,052 | €186,764 | ▲ 747% |
| Income taxes67/77 | €14,903 | €7,423 | €9,585 | €992 | €13,859 | €10,043 | €61,068 | ▲ 508% |
| Profit (loss) for the period9904 | €60,144 | €28,349 | €39,721 | €1,850 | €53,620 | €12,010 | €125,696 | ▲ 947% |
| Profit (loss) for the period to be appropriated9905 | €60,144 | €28,349 | €39,721 | €1,850 | €53,620 | €12,010 | €125,696 | ▲ 947% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €313,183 | €303,913 | €286,978 | €321,344 | €353,135 | €242,322 | €359,793 | ▲ 48.5% |
| Fixed assets21/28 | €181,175 | €160,319 | €149,435 | €138,017 | €123,244 | €158,042 | €58,080 | ▼ 63.3% |
| Intangible fixed assets21 | €62,500 | €52,500 | €42,500 | €32,500 | €22,500 | €12,500 | €2,500 | ▼ 80.0% |
| Tangible fixed assets22/27 | €118,675 | €107,819 | €106,935 | €105,517 | €100,744 | €145,542 | €55,580 | ▼ 61.8% |
| Land and buildings22 | - | - | - | €77,517 | €74,187 | €70,857 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,781 | €439 | - | - | - |
| Furniture and vehicles24 | - | - | - | €6,822 | €11,084 | €56,502 | €41,942 | ▼ 25.8% |
| Other tangible fixed assets26 | - | - | - | €19,397 | €15,035 | €18,184 | €13,638 | ▼ 25.0% |
| Current assets29/58 | €132,008 | €143,594 | €137,543 | €183,327 | €229,891 | €84,280 | €301,714 | ▲ 258% |
| Stocks and contracts in progress3 | €5,130 | €5,615 | €5,643 | €5,181 | €2,910 | €9,312 | - | - |
| Stocks30/36 | - | - | - | €5,181 | €2,910 | €9,312 | - | - |
| Amounts receivable within one year40/41 | €52,929 | €89,792 | €34,006 | €54,948 | €52,738 | €23,842 | €27,400 | ▲ 14.9% |
| Trade receivables40 | - | - | - | €25,410 | €43,786 | €4,603 | €24,061 | ▲ 423% |
| Other amounts receivable41 | - | - | - | €29,538 | €8,952 | €19,239 | €3,339 | ▼ 82.6% |
| Current investments50/53 | - | - | - | €105,000 | €140,000 | €5,595 | €230,084 | ▲ 41× |
| Cash at bank and in hand54/58 | €72,096 | €46,334 | €96,041 | €16,683 | €32,974 | €43,500 | €43,751 | ▲ 0.6% |
| Deferred charges and accrued income490/1 | - | - | - | €1,515 | €1,269 | €2,031 | €478 | ▼ 76.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €313,183 | €303,913 | €286,978 | €321,344 | €353,135 | €242,322 | €359,793 | ▲ 48.5% |
| Equity10/15 | €125,797 | €154,146 | €193,866 | €208,067 | €261,686 | €173,696 | €299,391 | ▲ 72.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €119,597 | €147,946 | €187,666 | €189,517 | €243,136 | €155,146 | €280,841 | ▲ 81.0% |
| Non-distributable reserves130/1 | - | - | - | €1,850 | €1,850 | €1,850 | €1,850 | = |
| Other1319 | - | - | - | €1,850 | €1,850 | €1,850 | €1,850 | = |
| Distributable reserves133 | - | - | - | €187,667 | €241,286 | €153,296 | €278,991 | ▲ 82.0% |
| Amounts payable17/49 | €187,386 | €149,767 | €93,112 | €113,277 | €91,449 | €68,627 | €60,402 | ▼ 12.0% |
| Amounts payable after more than one year17 | €101,118 | €76,807 | €67,104 | €49,169 | €34,206 | €28,954 | - | - |
| Financial debts170/4 | - | - | - | €49,169 | €34,206 | €28,954 | - | - |
| Amounts payable within one year42/48 | €86,269 | €72,960 | €26,008 | €64,108 | €57,244 | €39,673 | €60,402 | ▲ 52.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,934 | €14,964 | €12,784 | - | - |
| Financial debts43 | - | - | - | €1 | - | €163 | €7 | ▼ 95.7% |
| Credit institutions430/8 | - | - | - | €1 | - | €163 | €7 | ▼ 95.7% |
| Trade debts44 | €6,826 | €35,027 | €322 | €24,277 | €20,934 | €3,391 | €12,786 | ▲ 277% |
| Suppliers440/4 | - | - | - | €24,277 | €20,934 | €3,391 | €12,786 | ▲ 277% |
| Taxes, remuneration and social security45 | - | - | - | €6,683 | €4,681 | €19,309 | €43,280 | ▲ 124% |
| Taxes450/3 | - | - | - | - | - | - | €42,331 | - |
| Remuneration and social security454/9 | - | - | - | €6,683 | €4,681 | €19,309 | €949 | ▼ 95.1% |
| Other amounts payable47/48 | - | - | - | €15,213 | €16,665 | €4,026 | €4,329 | ▲ 7.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,144 | €28,349 | €39,721 | €1,850 | €53,620 | €12,010 | €125,696 | ▲ 947% |
| + Depreciation and write-downs630 | €28,201 | €26,515 | €25,721 | €25,718 | €25,847 | €31,069 | €27,962 | ▼ 10.0% |
| Operating cash flow (approximation) | €88,345 | €54,864 | €65,442 | €27,568 | €79,466 | €43,078 | €153,657 | ▲ 257% |
| Investment in fixed assets (approximation) | - | -€5,659 | -€14,838 | -€14,300 | -€11,074 | -€65,866 | €72,001 | - |
| Change in cash | - | -€25,762 | €49,707 | -€79,359 | €16,291 | €10,526 | €251 | ▼ 97.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 11-12-2025 | 2025-00581316 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00022433 | |
| 30-06-2023 | micro format | 17-01-2024 | 2024-00003947 | |
| 30-06-2022 | micro format | 21-12-2022 | 2022-20544418 | |
| 30-06-2021 | abbreviated format | 08-12-2021 | 2021-79800509 | |
| 30-06-2020 | abbreviated format | 08-12-2020 | 2020-74900549 | |
| 30-06-2019 | abbreviated format | 07-01-2020 | 2020-00400571 | |
| 30-06-2018 | abbreviated format | 14-12-2018 | 2018-74500324 | |
| 30-06-2017 | abbreviated format | 04-01-2018 | 2018-00500392 |
Board & ownership
Directors
Directors
Last change in 2026
Owners and capital
Owners
Mandate history
1 person, 0 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| DE VREE Pieter |
|
Network & group
Board mandates elsewhere
3 board mandatesBoard mandates of DV PROJECTSDV PROJECTS sits on their board3
Connections & network
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-04
Gazette deed
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 05-03-2026 · Books and records kept by DE VREE Pieter (5 years) · Resignation: DE VREE Pieter (director)6 points ▸
Gazette deed
Dissolution with immediate closure of the liquidation
Dissolved and wound up in a single deed on 05-03-2026 · Books and records kept by DE VREE Pieter (5 years) · Resignation: DE VREE Pieter (director)6 points ▸
- General meeting, 05-03-2026
- Dissolution, 05-03-2026
- Director discharge, DE VREE Pieter
- Director resignation, DE VREE Pieter
- Liquidation closure, 05-03-2026
- Power of attorney, PROFIT PARTNERS
- The deed holds 1 more point.
2025
11-12
micro format · 51 days before the deadline
30-06
Financial
Highest result from 2019 to 2025net €125,696 ▲947%
The operating result of €188,316 and the net result of €125,696 are both a record.
30-06
Financial
Liquidity more than doubledcurrent ratio 5.00
The current ratio rises from 2.12 to 5.00.
30-06
Financial
Equity above €200,000equity €299,391 ▲72.4%
With a profit in every financial year since 2019, equity grows to €299,391.
31-01
micro format · on the deadline day
2024
17-01
micro format · 14 days before the deadline
2022
21-12
micro format · 41 days before the deadline
30-06
Financial
Weakest financial yearnet €1,850 ▼95.3%
The net result drops to €1,850, the lowest from 2019 to 2025.
30-06
Financial
Equity above €200,000equity €208,067 ▲7.3%
With a profit in every financial year since 2019, equity grows to €208,067.
2021
08-12
abbreviated format · 54 days before the deadline
30-06
Financial
Liquidity more than doubledcurrent ratio 5.29
The current ratio rises from 1.97 to 5.29. Short-term debt falls from €72,960 to €26,008.
Show earlier events
2020
08-12
abbreviated format · 54 days before the deadline
30-06
Financial
Equity above €150,000equity €154,146 ▲22.5%
With a profit in every financial year since 2019, equity grows to €154,146.
07-01
abbreviated format · 24 days before the deadline
2018
2015
20-10
5 publications in the Belgian Official Gazette, the last on 01-04-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Dissolved and wound up on 5 March 2026
DV PROJECTS is no longer in the KBO register.
- Status
- Inactive
- Reason
- Dissolved and wound up in a single deedBelgian Official Gazette, 1 April 2026 · deed
- Last annual accounts
- financial year to 30 June 2025
- Last registered office
- Molenveld 29, 9450 Haaltertas published on 1 April 2026
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2017