DVC FINANCE
ActiveSummary
DVC FINANCE has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €600k and a net result of €-6k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-5
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 10.55 against 8.3 in 2023; short-term debt: 3.3% and cash: 23.7% of total assets), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.6%
Return on assets
-0.9%
Age of the figures
22 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 01-07-2025, 1 day late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d late
2023
5 d early
2022
3 d early
2021
on the day
2020
on the day
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€600k▼ 1.0%
2023 · €606k
2018: €187k
2019: €209k
2020: €478k
2021: €540k
2022: €584k
2023: €606k
2018 → 2024
Total assets
€627k▼ 3.5%
2023 · €650k
2018: €306k
2019: €319k
2020: €583k
2021: €646k
2022: €671k
2023: €650k
2018 → 2024
Net result
€-6k
2023 · €21k
2018: €20k
2019: €23k
2020: €46k
2021: €62k
2022: €45k
2023: €21k
2018 → 2024
Working capital
€195k▲ 1.4%
2023 · €192k
2018: €151k
2019: €169k
2020: €158k
2021: €219k
2022: €170k
2023: €192k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€478k-€540k▲ 12.8%€584k▲ 8.3%€606k▲ 3.6%€600k▼ 1.0%
Operating result€69k-€89k▲ 29.0%€66k▼ 25.7%€33k▼ 50.3%€-6k
Net result€46k-€62k▲ 33.4%€45k▼ 27.4%€21k▼ 52.9%€-6k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €33k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €627k
Fixed assets
€412k ▼ 4.6%
Current assets
€215k ▼ 1.5%
Equity and liabilities €627k
Equity
€600k ▼ 1.0%
Debt
€27k ▼ 38.4%
Debt's share of the balance-sheet total falls from 6.8% to 4.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2023 · €56k
Cash flow
€15k▼
2023 · €44k
Current ratio
10.55▲
2023 · 8.30
Debt to equity
0.05▼
2023 · 0.07
ROE
-1.0%▼
2023 · 3.5%
ROA
-0.9%▼
2023 · 3.3%
Interest coverage
24.83▼
2023 · 64.50
Debt ≤ 1 year
€20k▼
2023 · €26k
Debt > 1 year
€7k▼
2023 · €18k
Income taxes
€170▼
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€650k€627k▼
Fixed assets21/28€431k€412k▼
Tangible fixed assets22/27€366k€347k▼
Land and buildings22€306k€304k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€56k€41k▼
Financial fixed assets28€65k€65k=
Current assets29/58€219k€215k▼
Amounts receivable within one year40/41€100k€66k▼
Trade receivables40€20k€15k▼
Other amounts receivable41€80k€51k▼
Cash at bank and in hand54/58€118k€149k▲
Deferred charges and accrued income490/1€872€854▼
Equity and liabilities
Total equity and liabilities10/49€650k€627k▼
Equity10/15€606k€600k▼
Contributions10/11€293k€293k=
Reserves13€172k€172k=
Distributable reserves133€172k€172k=
Profit (loss) carried forward14€140k€134k▼
Amounts payable17/49€44k€27k▼
Amounts payable after more than one year17€18k€7k▼
Financial debts170/4€18k€7k▼
Amounts payable within one year42/48€26k€20k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€8k€9k▲
Suppliers440/4€8k€9k▲
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€359€359=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€14k-
Provisions for liabilities and charges: additions (uses and reversals)635/8€-12k-
Other operating charges640/8€4k€3k▼
Gross operating margin9900€62k€18k▼
Operating profit (loss)9901€33k€-6k▼
Financial income75/76B€2€565▲
Recurring financial income75€2€565▲
Financial charges65/66B€868€620▼
Recurring financial charges65€868€620▼
Profit (loss) for the period before taxes9903€32k€-6k▼
Income taxes67/77€11k€170▼
Profit (loss) for the period9904€21k€-6k▼
Profit (loss) for the period to be appropriated9905€21k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€160k€134k▼
Profit (loss) brought forward from the previous period14P€139k€140k▲
Transfer to equity691/2€20k-
To other reserves6921€20k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
30-11
Financial
Weakest financial yearnet €-6k ▼128%
Net result drops to €-6k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
13-03
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Highest result since 2018net €62k ▲33.4%
Operating result €89k, net result €62k, both a record.
30-11
Financial
Equity above €500kEq €540k ▲12.8%
4 profitable years in a row build equity to €540k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Equity above €200kEq €209k ▲12.1%
2 profitable years in a row build equity to €209k.
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Niklaas · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vlasstraat 39100 Sint-NiklaasGround area
375 m²
Building footprint
191 m²
Volume, LiDAR
1,310 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DVC FINANCE
since 20052.144.815.696
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0756/00V000 | Flanders | 205 m² | 1 · 73 m² | 9.7 m · 2 fl. |
| 46447B0756/00X000 | Flanders | 171 m² | 1 · 118 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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KA & A CONSULTING
BE 0831.254.762
Sint-Niklaas · Eq €599,929
Caspavel Malderen
BE 0434.625.326
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ARVAK
BE 0453.329.005
Hamont-Achel · Eq €599,546
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 33,068 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2005
Fiscal year end30-11
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.