DVA
ActiveDVA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.38M and a net result of €14k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 46% of 4789 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-98
Solvency83▲+9
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.59 in 2024), but 57.9% 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
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
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
42.1%
Return on assets
0.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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
7 d late
2024
22 d late
2023
20 d late
2022
82 d early
2021
3 d late
2020
4 d early
2019
20 d late
← before the deadline
after the deadline →
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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14k▼ 98.4%
2024 · €913k
2019: €55k
2020: €88
2021: €31k
2022: €975k
2023: €801k
2024: €913k
2019 → 2025
Working capital
€3.25M▲ 13.8%
2024 · €2.85M
2019: €432k
2020: €418k
2021: €409k
2022: €1.38M
2023: €1.97M
2024: €2.85M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€823k-€1.72M▲ 109%€2.46M▲ 43.0%€3.36M▲ 36.9%€3.38M▲ 0.4%
Operating result€212k-€1.23M▲ 482%€1.39M▲ 12.4%€1.49M▲ 7.4%€511k▼ 65.6%
Net result€31k-€975k▲ 3,028%€801k▼ 17.9%€913k▲ 14.0%€14k▼ 98.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.02M
Fixed assets
€929k▲ 13.7%
Current assets
€7.09M▼ 8.0%
Equity and liabilities €8.02M
Equity
€3.38M▲ 0.4%
Debt
€4.65M▼ 10.0%
The debt ratio falls from 60.6% to 57.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€712k▼
2024 · €1.66M
Cash flow
€215k▼
2024 · €1.08M
Solvency
42.1%▲
2024 · 39.4%
Current ratio
1.84▲
2024 · 1.59
Quick ratio
0.97▲
2024 · 0.90
Debt / equity
1.38▼
2024 · 1.54
ROE
0.4%▼
2024 · 27.2%
ROA
0.2%▼
2024 · 10.7%
Interest coverage
1.17▼
2024 · 3.62
Debt
€4.65M▼
2024 · €5.16M
Debt ≤ 1 year
€3.85M▼
2024 · €4.86M
Debt > 1 year
€663k▲
2024 · €111k
Income taxes
€12k▼
2024 · €315k
Staff costs
€246k▼
2024 · €275k
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€8.53M€8.02M▼
Fixed assets21/28€817k€929k▲
Intangible fixed assets21-€134k
Tangible fixed assets22/27€807k€785k▼
Land and buildings22€236k€210k▼
Plant, machinery and equipment23€453k€451k▼
Furniture and vehicles24€46k€51k▲
Other tangible fixed assets26€73k€73k=
Financial fixed assets28€10k€10k=
Current assets29/58€7.71M€7.09M▼
Stocks and contracts in progress3€3.35M€3.36M▲
Stocks30/36€3.35M€3.36M▲
Amounts receivable within one year40/41€3.67M€3.39M▼
Trade receivables40€3.61M€3.19M▼
Other amounts receivable41€56k€202k▲
Cash at bank and in hand54/58€667k€317k▼
Deferred charges and accrued income490/1€23k€27k▲
Equity and liabilities
Total equity and liabilities10/49€8.53M€8.02M▼
Equity10/15€3.36M€3.38M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€2.85M€2.85M=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Distributable reserves133€2.80M€2.80M=
Profit (loss) carried forward14€11k€25k▲
Amounts payable17/49€5.16M€4.65M▼
Amounts payable after more than one year17€111k€663k▲
Financial debts170/4€111k€663k▲
Amounts payable within one year42/48€4.86M€3.85M▼
Current portion of amounts payable after more than one year42€43k€315k▲
Financial debts43€1.42M€767k▼
Credit institutions430/8€1.42M€767k▼
Trade debts44€0€479k▲
Suppliers440/4€0€479k▲
Taxes, remuneration and social security45€213k€142k▼
Taxes450/3€189k€117k▼
Remuneration and social security454/9€23k€25k▲
Other amounts payable47/48€3.18M€2.15M▼
Accrued charges and deferred income492/3€197k€136k▼
Income statement
Code20242025
Non-recurring operating income76A€11k€11k▲
Remuneration, social security and pensions62€275k€246k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€168k€201k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€16k€16k▲
Non-recurring operating charges66A€347€410▲
Gross operating margin9900€1.95M€975k▼
Operating profit (loss)9901€1.49M€511k▼
Financial income75/76B€198k€122k▼
Recurring financial income75€198k€122k▼
Financial charges65/66B€458k€607k▲
Recurring financial charges65€458k€607k▲
Profit (loss) for the period before taxes9903€1.23M€26k▼
Income taxes67/77€315k€12k▼
Profit (loss) for the period9904€913k€14k▼
Profit (loss) for the period to be appropriated9905€913k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€918k€25k▼
Profit (loss) brought forward from the previous period14P€6k€11k▲
Transfer to equity691/2€900k€0▼
To other reserves6921€900k€0▼
Profit to be distributed694/7€8k€0▼
Return on contributions (dividend)694€8k€0▼
Social balance
Average headcount (FTE)90874.43.4▼
The notes to these accounts (28 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
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 7 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Equity above €2MEq €2.46M ▲43%
5 profitable years in a row build equity to €2.46M.
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €975k ▲3028%
Net result €975k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.72M ▲109%
4 profitable years in a row build equity to €1.72M.
03-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €88 ▼99.8%
Net result drops to €88, the lowest in the series; recovery starts the following year.
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Tielt · 1 establishment unit since 2019
Ground area
5,224 m²
Building footprint
2,346 m²
Volume, LiDAR
2,635 m³
Parcel 37322C0430/00N000, Flanders · tallest building 5.3 m. Linked by address, not a title deed.
1 establishment unit
DVA
since 20192.285.644.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322C0430/00N000 | Flanders | 5,224 m² | 1 · 2,346 m² | 5.3 m |
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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GLOBALTEX
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EVADAM
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WITRADE
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Of 184 companies in sector 46411 we hold annual accounts for 111. 34 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-12-1983
Fiscal year end31-12
Activities, NACEBEL
24100Manufacture of basic metals
46411Wholesale trade
46869Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.