DV TECHNICS
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 28-01-2026 PDF all 4 filings
Turnover
≈ €230,000
Estimated: probably between €190,000 and €270,000
Total assets
€729,892▲ 160%
2024 · €280,994
Net result
€91,869▲ 32.0%
2024 · €69,605
Working capital
-€249,296
2024 · €257,038
Multi-year overview
2022 to 2025, 4 financial yearsOperating result
€135,042
▲ 54.5%
2025
20222025
Net result
€91,869
▲ 32.0%
2025
highest quarter of the sector
20222025
Equity
€348,588
▲ 35.8%
2025
highest quarter of the sector
20222025
Total assets
€729,892
▲ 160%
2025
highest quarter of the sector
20222025
Debt
€381,304
▲ 16×
2025
20222025
Working capital
-€249,296
2025
lowest quarter of the sector
20222025
Solvency
47.8%
▼ 43.6pp
2025
middle half of the sector
20222025
Current ratio
0.34
▼ 11.39
2025
lowest quarter of the sector
20222025
Return on assets (ROA)
12.6%
▼ 12.2pp
2025
middle half of the sector
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result€147,033-€87,964▼ 40.2%€87,408▼ 0.6%€135,042▲ 54.5%
Net result€115,037above the sector's middle half-€70,077above the sector's middle half▼ 39.1%€69,605above the sector's middle half▼ 0.7%€91,869above the sector's middle half▲ 32.0%
Equity€117,037within the sector's middle half-€187,114within the sector's middle half▲ 59.9%€256,719above the sector's middle half▲ 37.2%€348,588above the sector's middle half▲ 35.8%
Total assets€155,596within the sector's middle half-€210,960within the sector's middle half▲ 35.6%€280,994within the sector's middle half▲ 33.2%€729,892above the sector's middle half▲ 160%
Debt€38,559-€23,846▼ 38.2%€24,275▲ 1.8%€381,304▲ 16×
Working capital€117,094within the sector's middle half-€187,178above the sector's middle half▲ 59.9%€257,038above the sector's middle half▲ 37.3%-€249,296below the sector's middle half
Solvency75.2%within the sector's middle half-88.7%above the sector's middle half▲ 13.5pp91.4%above the sector's middle half▲ 2.7pp47.8%within the sector's middle half▼ 43.6pp
Current ratio4.04within the sector's middle half-8.87above the sector's middle half▲ 4.8311.73above the sector's middle half▲ 2.860.34below the sector's middle half▼ 11.39
Return on assets (ROA)73.9%above the sector's middle half-33.2%above the sector's middle half▼ 40.7pp24.8%within the sector's middle half▼ 8.4pp12.6%within the sector's middle half▼ 12.2pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 54% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The 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 €729,892
Fixed assets
€603,685
Current assets
€126,207
Equity and liabilities €729,892
Equity
€348,588 ▲ 35.8%
Debt
€381,304 ▲ 16×
Debt's share of the balance-sheet total rises from 8.6% to 52.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135,862
Cash flow
€92,688
Debt to equity
1.09▲
2024 · 0.09
ROE
26.4%▼
2024 · 27.1%
Interest coverage
12.68
Debt ≤ 1 year
€375,504▲
2024 · €23,956
Income taxes
€32,462▲
2024 · €17,662
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €4,504 |
| Financial fixed assets | - | - | - | €600,000 |
| Depreciation and write-downs of the year | - | - | - | €819 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €819 | - |
| Other operating charges640/8 | - | - | - | €387 | - |
| Gross operating margin9900 | €147,033 | €87,964 | €87,408 | €136,249 | ▲ 55.9% |
| Operating profit (loss)9901 | €147,033 | €87,964 | €87,408 | €135,042 | ▲ 54.5% |
| Financial charges65/66B | €40 | €140 | €141 | €10,712 | ▲ 76× |
| Recurring financial charges65 | €40 | €140 | €141 | €10,712 | ▲ 76× |
| Profit (loss) for the period before taxes9903 | €146,993 | €87,823 | €87,267 | €124,330 | ▲ 42.5% |
| Income taxes67/77 | €31,956 | €17,746 | €17,662 | €32,462 | ▲ 83.8% |
| Profit (loss) for the period9904 | €115,037 | €70,077 | €69,605 | €91,869 | ▲ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €115,037 | €70,077 | €69,605 | €91,869 | ▲ 32.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €155,596 | €210,960 | €280,994 | €729,892 | ▲ 160% |
| Fixed assets21/28 | - | - | - | €603,685 | - |
| Tangible fixed assets22/27 | - | - | - | €3,685 | - |
| Furniture and vehicles24 | - | - | - | €3,685 | - |
| Financial fixed assets28 | - | - | - | €600,000 | - |
| Current assets29/58 | €155,596 | €210,960 | €280,994 | €126,207 | ▼ 55.1% |
| Amounts receivable within one year40/41 | €19,360 | €19,360 | €29,040 | €29,106 | ▲ 0.2% |
| Trade receivables40 | €19,360 | €19,360 | €29,040 | €29,106 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €136,236 | €191,600 | €251,954 | €97,101 | ▼ 61.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €155,596 | €210,960 | €280,994 | €729,892 | ▲ 160% |
| Equity10/15 | €117,037 | €187,114 | €256,719 | €348,588 | ▲ 35.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €115,000 | €185,000 | €250,000 | €346,000 | ▲ 38.4% |
| Distributable reserves133 | €115,000 | €185,000 | €250,000 | €346,000 | ▲ 38.4% |
| Profit (loss) carried forward14 | €37 | €114 | €4,719 | €588 | ▼ 87.5% |
| Amounts payable17/49 | €38,559 | €23,846 | €24,275 | €381,304 | ▲ 16× |
| Amounts payable within one year42/48 | €38,502 | €23,783 | €23,956 | €375,504 | ▲ 16× |
| Financial debts43 | €1,037 | €328 | €685 | €82 | ▼ 88.0% |
| Credit institutions430/8 | €1,037 | €328 | €685 | €82 | ▼ 88.0% |
| Trade debts44 | €500 | €500 | €500 | €596 | ▲ 19.3% |
| Suppliers440/4 | €500 | €500 | €500 | €596 | ▲ 19.3% |
| Taxes, remuneration and social security45 | €36,966 | €22,749 | €22,685 | €23,489 | ▲ 3.5% |
| Taxes450/3 | €36,966 | €22,749 | €22,685 | €23,489 | ▲ 3.5% |
| Other amounts payable47/48 | - | €206 | €86 | €351,336 | ▲ 4,086× |
| Accrued charges and deferred income492/3 | €57 | €64 | €319 | €5,800 | ▲ 18× |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115,037 | €70,077 | €69,605 | €91,869 | ▲ 32.0% |
| + Depreciation and write-downs630 | - | - | - | €819 | - |
| Operating cash flow (approximation) | €115,037 | €70,077 | €69,605 | €92,688 | ▲ 33.2% |
| Change in cash | - | €55,364 | €60,354 | -€154,853 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.