DV SOLUTIONS
Open bankruptcyA bankruptcy procedure is open for DV SOLUTIONS according to publications in the Belgian State Gazette; curator: BRECHT MICHELS.
Summary
The 2023 annual accounts show equity of €120,099 and a net result of €76,449.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 1 December 2025
- Supervising judge
- Bart Hoste
- Official Gazette
- 05-12-2025 (pdf) ↗search the document for 2025/150390
Deadlines
- Provisional date payments stopped
- 1 December 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 20 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 31 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 12 January 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 1 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Brecht MichelsStokhovestraat 10, 8020 09 Waardammebrecht_michels@yahoo.com
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-10-2024, 69 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
69 d late
2022
270 d late
2021
31 d late
2020
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 88 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Repair, maintenance and installation of machinery and equipment sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€120,099▲ 175%
2022 · €43,650
Total assets
€224,956▲ 67.1%
2022 · €134,630
Net result
€76,449▲ 512%
2022 · €12,499
Working capital
€143,084▲ 91.2%
2022 · €74,844
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result€8,084-€31,704▲ 292%€12,814▼ 59.6%€94,850▲ 640%
Net result€6,266within the sector's middle half-€23,385within the sector's middle half▲ 273%€12,499within the sector's middle half▼ 46.6%€76,449above the sector's middle half▲ 512%
Equity€7,766below the sector's middle half-€31,151within the sector's middle half▲ 301%€43,650within the sector's middle half▲ 40.1%€120,099within the sector's middle half▲ 175%
Total assets€50,186below the sector's middle half-€65,698within the sector's middle half▲ 30.9%€134,630within the sector's middle half▲ 105%€224,956within the sector's middle half▲ 67.1%
Debt€42,420-€34,547▼ 18.6%€90,979▲ 163%€104,857▲ 15.3%
Working capital€18,871-€20,139▲ 6.7%€74,844▲ 272%€143,084▲ 91.2%
Solvency15.5%below the sector's middle half-47.4%within the sector's middle half▲ 31.9pp32.4%within the sector's middle half▼ 15.0pp53.4%within the sector's middle half▲ 21.0pp
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 640% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €224,956
Fixed assets
€9,795 ▼ 13.6%
Current assets
€215,161 ▲ 74.5%
Equity and liabilities €224,956
Equity
€120,099 ▲ 175%
Debt
€104,857 ▲ 15.3%
Debt's share of the balance-sheet total falls from 67.6% to 46.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96,707▲
2022 · €16,748
Cash flow
€78,306▲
2022 · €16,433
Current ratio
2.99▲
2022 · 2.54
Debt to equity
0.87▼
2022 · 2.08
ROE
63.7%▲
2022 · 28.6%
ROA
34.0%▲
2022 · 9.3%
Interest coverage
23.71▲
2022 · 13.51
Debt ≤ 1 year
€72,077▲
2022 · €48,448
Debt > 1 year
€32,780▼
2022 · €42,531
Income taxes
€20,619▲
2022 · €2,026
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €21,360 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,673 | €5,584 | €3,934 | €1,857 | ▼ 52.8% |
| Other operating charges640/8 | - | €119 | €333 | €171 | ▼ 48.6% |
| Gross operating margin9900 | €9,863 | €37,407 | €17,081 | €96,878 | ▲ 467% |
| Operating profit (loss)9901 | €8,084 | €31,704 | €12,814 | €94,850 | ▲ 640% |
| Financial income75/76B | - | €296 | €2,950 | €6,297 | ▲ 113% |
| Recurring financial income75 | - | €296 | €2,950 | €6,297 | ▲ 113% |
| Financial charges65/66B | - | €417 | €1,239 | €4,079 | ▲ 229% |
| Recurring financial charges65 | €311 | €417 | €1,239 | €4,079 | ▲ 229% |
| Profit (loss) for the period before taxes9903 | €7,773 | €31,583 | €14,525 | €97,068 | ▲ 568% |
| Income taxes67/77 | €1,507 | €8,198 | €2,026 | €20,619 | ▲ 918% |
| Profit (loss) for the period9904 | €6,266 | €23,385 | €12,499 | €76,449 | ▲ 512% |
| Profit (loss) for the period to be appropriated9905 | €6,266 | €23,385 | €12,499 | €76,449 | ▲ 512% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50,186 | €65,698 | €134,630 | €224,956 | ▲ 67.1% |
| Formation expenses20 | €1,843 | - | - | - | - |
| Fixed assets21/28 | €17,907 | €15,271 | €11,337 | €9,795 | ▼ 13.6% |
| Tangible fixed assets22/27 | €17,800 | €15,164 | €11,230 | €9,688 | ▼ 13.7% |
| Plant, machinery and equipment23 | - | €3,764 | €2,830 | €4,842 | ▲ 71.1% |
| Furniture and vehicles24 | - | €11,400 | €8,400 | €4,846 | ▼ 42.3% |
| Financial fixed assets28 | €107 | €107 | €107 | €107 | = |
| Current assets29/58 | €30,436 | €50,427 | €123,292 | €215,161 | ▲ 74.5% |
| Amounts receivable after more than one year29 | - | €9,337 | €75,972 | €157,030 | ▲ 107% |
| Other amounts receivable291 | - | €9,337 | €75,972 | €157,030 | ▲ 107% |
| Amounts receivable within one year40/41 | €7,292 | €26,982 | €35,472 | €47,739 | ▲ 34.6% |
| Trade receivables40 | - | €26,982 | €34,856 | €47,123 | ▲ 35.2% |
| Other amounts receivable41 | - | - | €615 | €615 | = |
| Cash at bank and in hand54/58 | €7,252 | €0 | €1 | €336 | ▲ 23,908% |
| Deferred charges and accrued income490/1 | - | €14,107 | €11,847 | €10,056 | ▼ 15.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50,186 | €65,698 | €134,630 | €224,956 | ▲ 67.1% |
| Equity10/15 | €7,766 | €31,151 | €43,650 | €120,099 | ▲ 175% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €6,266 | €29,651 | €42,150 | €118,599 | ▲ 181% |
| Distributable reserves133 | - | €29,651 | €42,150 | €118,599 | ▲ 181% |
| Amounts payable17/49 | €42,420 | €34,547 | €90,979 | €104,857 | ▲ 15.3% |
| Amounts payable after more than one year17 | €30,855 | €4,259 | €42,531 | €32,780 | ▼ 22.9% |
| Financial debts170/4 | - | €4,259 | €31,629 | €25,629 | ▼ 19.0% |
| Other amounts payable178/9 | - | - | €10,902 | €7,151 | ▼ 34.4% |
| Amounts payable within one year42/48 | €11,565 | €30,289 | €48,448 | €72,077 | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | - | €5,016 | €4,259 | - | - |
| Financial debts43 | - | €4,394 | - | - | - |
| Credit institutions430/8 | - | €4,394 | - | - | - |
| Trade debts44 | €2,821 | €5,747 | €24,845 | €25,288 | ▲ 1.8% |
| Suppliers440/4 | - | €5,747 | €24,845 | €25,288 | ▲ 1.8% |
| Taxes, remuneration and social security45 | - | €15,132 | €19,344 | €46,789 | ▲ 142% |
| Taxes450/3 | - | €15,132 | €19,344 | €46,789 | ▲ 142% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,266 | €23,385 | €12,499 | €76,449 | ▲ 512% |
| + Depreciation and write-downs630 | €1,673 | €5,584 | €3,934 | €1,857 | ▼ 52.8% |
| Operating cash flow (approximation) | €7,939 | €28,969 | €16,433 | €78,306 | ▲ 377% |
| Investment in fixed assets (approximation) | - | -€2,948 | €0 | -€315 | - |
| Change in cash | - | -€7,252 | €1 | €335 | ▲ 26,677% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
05-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 01-12-2025
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 270 days late
2023
31-12
Financial
Highest result since 2020net €76,449 ▲512%
Operating result €94,850, net result €76,449, both a record.
31-12
Financial
Equity above €100,000Eq €120,099 ▲175%
4 profitable years in a row build equity to €120,099.
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Torhout · 1 establishment unit since 2020
Ground area
1,158 m²
Building footprint
110 m²
Volume, LiDAR
550 m³
Parcel 31524D1476/00B000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DV Solutions BV
since 20202.306.855.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31524D1476/00B000 | Flanders | 1,158 m² | 1 · 110 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BRECHT MICHELS STOKHOVESTRAAT 10,
8020 09 WAARDAMME |
01-12-2025 → present |
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Of 204 companies in sector 33130 we hold annual accounts for 79. 66 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
33130Repair, maintenance and installation of machinery and equipment
33140Repair and maintenance of electrical equipment
33190Repair, maintenance and installation of machinery and equipment
47400Retail sale of information and communication equipment
47540Retail sale of electrical household appliances
E-invoicing
Reachable via Peppol
Peppol ID
0208:0751971912
Also
9925:BE0751971912
Registered
31-10-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.