DVC CONSTRUCTION
Open bankruptcyFinancials · financial year 2024, micro format
2024 annual accounts filed 115 days after the deadline Filed on 23 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00570203.
Annual accounts 2024 filed on 23-11-2025 PDF all 8 filings
Turnover
€89,606
EBIT margin
-14.5%
Net result
-€9,480▼ 917%
2023 · -€932
Working capital
-€18,510▼ 73.5%
2023 · -€10,669
Multi-year overview
2018 to 2024, 6 financial yearsTurnover
no figure
2024
20182024
Operating result
-€9,332
▼ 1,150%
2024
20182024
Net result
-€9,480
▼ 917%
2024
lowest quarter of the sector
20182024
EBIT margin
no figure
2024
20182024
Equity
-€11,780
▼ 412%
2024
lowest quarter of the sector
20182024
Total assets
€17,971
▼ 55.7%
2024
lowest quarter of the sector
20182024
Debt
€29,751
▼ 30.6%
2024
20182024
Working capital
-€18,510
▼ 73.5%
2024
lowest quarter of the sector
20182024
Solvency
-65.6%
▼ 59.9pp
2024
lowest quarter of the sector
20182024
Current ratio
0.38
▼ 0.37
2024
lowest quarter of the sector
20182024
Return on assets (ROA)
-52.7%
▼ 50.5pp
2024
lowest quarter of the sector
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820202021202220232024
Turnover€89,606-
Operating result-€13,029-€23,018-€2,425▼ 89.5%-€12,839-€747▲ 94.2%-€9,332▼ 1,150%
Net result-€13,618-€21,035within the sector's middle half-€2,149within the sector's middle half▼ 89.8%-€13,026below the sector's middle half-€932below the sector's middle half▲ 92.8%-€9,480below the sector's middle half▼ 917%
EBIT margin-14.5%-
Equity-€308-€9,508below the sector's middle half-€11,657below the sector's middle half▲ 22.6%-€1,369below the sector's middle half-€2,301below the sector's middle half▼ 68.1%-€11,780below the sector's middle half▼ 412%
Total assets€2,416-€24,018below the sector's middle half-€21,335below the sector's middle half▼ 11.2%€15,522below the sector's middle half▼ 27.2%€40,591below the sector's middle half▲ 162%€17,971below the sector's middle half▼ 55.7%
Debt€2,724-€14,510-€9,678▼ 33.3%€16,891▲ 74.5%€42,892▲ 154%€29,751▼ 30.6%
Working capital-€179-€9,508within the sector's middle half-€11,657within the sector's middle half▲ 22.6%-€1,369below the sector's middle half-€10,669below the sector's middle half▼ 679%-€18,510below the sector's middle half▼ 73.5%
Solvency39.6%within the sector's middle half-54.6%within the sector's middle half▲ 15.1pp-8.8%below the sector's middle half▼ 63.5pp-5.7%below the sector's middle half▲ 3.1pp-65.6%below the sector's middle half▼ 59.9pp
Current ratio1.66within the sector's middle half-2.20within the sector's middle half▲ 0.550.92below the sector's middle half▼ 1.290.75below the sector's middle half▼ 0.170.38below the sector's middle half▼ 0.37
Return on assets (ROA)87.6%above the sector's middle half-10.1%within the sector's middle half▼ 77.5pp-83.9%below the sector's middle half▼ 94.0pp-2.3%below the sector's middle half▲ 81.6pp-52.7%below the sector's middle half▼ 50.5pp
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). 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 2024 is a loss of €9,332, larger than the loss of €747 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17,971
Fixed assets
€6,730 ▼ 19.6%
Current assets
€11,241 ▼ 65.1%
Equity and liabilities
Equity-€11,780
Debt€29,751
Equity is negative. Debt (€29,751) exceeds the balance-sheet total (€17,971).
Key figures and ratios
EBITDA
-€7,694▼
2023 · €375
Cash flow
-€7,842▼
2023 · €190
Interest coverage
-50.20▼
2023 · 2.00
Debt ≤ 1 year
€29,751▼
2023 · €42,892
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €8,190 | - |
| Financial fixed assets | - | - | - | €1,300 | - |
| Depreciation and write-downs of the year | - | - | - | €1,122 | €1,638 |
Source: notes to the 2020 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €89,606 | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €5,428 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €606 | - | - | - | €1,122 | €1,638 | ▲ 46.0% |
| Other operating charges640/8 | - | - | €300 | €248 | €6,501 | €1,114 | ▼ 82.9% |
| Gross operating margin9900 | -€9,657 | €23,018 | €2,725 | -€12,591 | €12,305 | -€6,580 | - |
| Operating profit (loss)9901 | -€13,029 | €23,018 | €2,425 | -€12,839 | -€747 | -€9,332 | ▼ 1,150% |
| Financial income75/76B | - | €929 | €317 | - | €2 | €6 | ▲ 221% |
| Recurring financial income75 | €1 | €929 | €317 | - | €2 | €6 | ▲ 221% |
| Financial charges65/66B | - | €656 | €266 | €187 | €187 | €153 | ▼ 18.1% |
| Recurring financial charges65 | €590 | €656 | €266 | €187 | €187 | €153 | ▼ 18.1% |
| Profit (loss) for the period before taxes9903 | -€13,618 | €23,291 | €2,476 | -€13,026 | -€932 | -€9,480 | ▼ 917% |
| Income taxes67/77 | - | €2,256 | €327 | - | - | - | - |
| Profit (loss) for the period9904 | -€13,618 | €21,035 | €2,149 | -€13,026 | -€932 | -€9,480 | ▼ 917% |
| Profit (loss) for the period to be appropriated9905 | -€13,618 | €21,035 | €2,149 | -€13,026 | -€932 | -€9,480 | ▼ 917% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €2,416 | €24,018 | €21,335 | €15,522 | €40,591 | €17,971 | ▼ 55.7% |
| Fixed assets21/28 | - | - | - | - | €8,368 | €6,730 | ▼ 19.6% |
| Tangible fixed assets22/27 | - | - | - | - | €7,068 | €5,430 | ▼ 23.2% |
| Furniture and vehicles24 | - | - | - | - | €7,068 | €5,430 | ▼ 23.2% |
| Financial fixed assets28 | - | - | - | - | €1,300 | €1,300 | = |
| Current assets29/58 | €2,416 | €24,018 | €21,335 | €15,522 | €32,223 | €11,241 | ▼ 65.1% |
| Amounts receivable within one year40/41 | €552 | €24,018 | €21,335 | €13,366 | €24,197 | €10,804 | ▼ 55.3% |
| Trade receivables40 | - | €2,192 | €8,984 | €2,624 | €15,204 | €10,804 | ▼ 28.9% |
| Other amounts receivable41 | - | €21,827 | €12,351 | €10,743 | €8,993 | - | - |
| Cash at bank and in hand54/58 | €1,864 | €0 | - | - | €8,026 | €436 | ▼ 94.6% |
| Deferred charges and accrued income490/1 | - | - | - | €2,156 | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €2,416 | €24,018 | €21,335 | €15,522 | €40,591 | €17,971 | ▼ 55.7% |
| Equity10/15 | -€308 | €9,508 | €11,657 | -€1,369 | -€2,301 | -€11,780 | ▼ 412% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €848 | €848 | €848 | €848 | €848 | €848 | = |
| Non-distributable reserves130/1 | - | €848 | €848 | €848 | €848 | €848 | = |
| Reserves not available under the articles1311 | - | €848 | €848 | €848 | €848 | €848 | = |
| Profit (loss) carried forward14 | -€13,556 | -€3,740 | -€1,591 | -€14,617 | -€15,549 | -€25,028 | ▼ 61.0% |
| Amounts payable17/49 | €2,724 | €14,510 | €9,678 | €16,891 | €42,892 | €29,751 | ▼ 30.6% |
| Amounts payable within one year42/48 | €2,595 | €14,510 | €9,678 | €16,891 | €42,892 | €29,751 | ▼ 30.6% |
| Financial debts43 | - | €165 | €113 | - | - | - | - |
| Credit institutions430/8 | - | €165 | €113 | - | - | - | - |
| Trade debts44 | €419 | €10,480 | €6,982 | €5,292 | €16,440 | €5,794 | ▼ 64.8% |
| Suppliers440/4 | - | €10,480 | €6,982 | €5,292 | €16,440 | €5,794 | ▼ 64.8% |
| Taxes, remuneration and social security45 | - | €2,256 | €2,583 | €128 | - | €1,328 | - |
| Taxes450/3 | - | €2,256 | €2,583 | €128 | - | €1,328 | - |
| Other amounts payable47/48 | - | €1,609 | €0 | €11,471 | €26,452 | €22,629 | ▼ 14.5% |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,618 | €21,035 | €2,149 | -€13,026 | -€932 | -€9,480 | ▼ 917% |
| + Depreciation and write-downs630 | €606 | - | - | - | €1,122 | €1,638 | ▲ 46.0% |
| Operating cash flow (approximation) | -€13,012 | €21,035 | €2,149 | -€13,026 | €190 | -€7,842 | - |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | - |
| Change in cash | - | - | - | - | - | -€7,590 | - |
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 (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 23-11-2025 | 2025-00570203 | |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00492855 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00352098 | |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20441484 | |
| 31-12-2020 | micro format | 25-08-2022 | 2022-20384483 | |
| 31-12-2018 | micro format | 23-07-2019 | 2019-36300363 | |
| 31-12-2017 | micro format | 19-07-2018 | 2018-34800512 | |
| 31-12-2016 | full format | 31-07-2017 | 2017-40200086 |