DVC Torvet
ActiveDVC Torvet has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €15k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 74% of 13933 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+9
Solvency66▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.24 in 2024), and 37.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
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
62.6%
Return on assets
6.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-03-2026, 129 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
129 d early
2024
86 d early
2023
85 d early
2022
28 d early
2021
50 d early
2020
51 d early
2019
42 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€145k▼ 3.7%
2024 · €151k
2018: €124k
2019: €144k
2020: €178k
2021: €180k
2022: €171k
2023: €162k
2024: €151k
2018 → 2025
Total assets
€232k▼ 6.4%
2024 · €248k
2018: €316k
2019: €300k
2020: €292k
2021: €295k
2022: €279k
2023: €262k
2024: €248k
2018 → 2025
Net result
€15k▲ 19.1%
2024 · €12k
2018: €24k
2019: €22k
2020: €40k
2021: €24k
2022: €5k
2023: €9k
2024: €12k
2018 → 2025
Working capital
€-63k▲ 8.3%
2024 · €-69k
2018: €-95k
2019: €-99k
2020: €-74k
2021: €-56k
2022: €-78k
2023: €-70k
2024: €-69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€171k▼ 4.7%€162k▼ 5.5%€151k▼ 7.0%€145k▼ 3.7%
Operating result€38k-€10k▼ 72.4%€18k▲ 72.5%€24k▲ 34.2%€27k▲ 10.8%
Net result€24k-€5k▼ 79.4%€9k▲ 88.8%€12k▲ 32.7%€15k▲ 19.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €232k
Fixed assets
€213k▼ 5.5%
Current assets
€18k▼ 15.0%
Equity and liabilities €232k
Equity
€145k▼ 3.7%
Debt
€87k▼ 10.6%
The debt ratio falls from 39.2% to 37.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€41k▲
2024 · €39k
Cash flow
€29k▲
2024 · €27k
Solvency
62.6%▲
2024 · 60.8%
Current ratio
0.23▼
2024 · 0.24
Quick ratio
0.23▼
2024 · 0.24
Debt / equity
0.60▼
2024 · 0.64
ROE
10.1%▲
2024 · 8.1%
ROA
6.3%▲
2024 · 5.0%
Interest coverage
7.65▲
2024 · 5.76
Debt
€87k▼
2024 · €97k
Debt ≤ 1 year
€81k▼
2024 · €90k
Income taxes
€7k▲
2024 · €5k
Staff costs
€50k▲
2024 · €49k
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€248k€232k▼
Fixed assets21/28€226k€213k▼
Tangible fixed assets22/27€226k€213k▼
Land and buildings22€213k€201k▼
Plant, machinery and equipment23€13k€13k▲
Furniture and vehicles24€38€0▼
Current assets29/58€22k€18k▼
Amounts receivable within one year40/41-€24
Other amounts receivable41-€24
Cash at bank and in hand54/58€20k€17k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€248k€232k▼
Equity10/15€151k€145k▼
Contributions10/11€48k€48k=
Reserves13€103k€97k▼
Distributable reserves133€103k€97k▼
Amounts payable17/49€97k€87k▼
Amounts payable within one year42/48€90k€81k▼
Trade debts44€174€2k▲
Suppliers440/4€174€2k▲
Taxes, remuneration and social security45€13k€13k=
Taxes450/3€6k€6k▼
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€77k€67k▼
Accrued charges and deferred income492/3€7k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€49k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€94k€98k▲
Operating profit (loss)9901€24k€27k▲
Financial income75/76B-€37
Recurring financial income75-€37
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€18k€22k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€12k€15k▲
Profit (loss) for the period to be appropriated9905€12k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€15k▲
Transfer from equity791/2€22k€20k▼
Transfer to equity691/2€11k€15k▲
To other reserves6921€11k€15k▲
Profit to be distributed694/7€24k€20k▼
Return on contributions (dividend)694€24k€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
Next filing, fiscal year 2026, expected by
2026
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €5k ▼79.4%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
11-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €40k ▲86%
Operating result €59k, net result €40k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲23.2%
3 profitable years in a row build equity to €178k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB 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, Torhout · 1 establishment unit since 2004
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.
Bruggestraat 1638820 TorhoutGround area
1,293 m²
Building footprint
190 m²
Volume, LiDAR
121 m³
Parcel 31522C0802/00K000, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
DVC TORVET
since 20042.139.097.745
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522C0802/00K000 | Flanders | 1,293 m² | 1 · 190 m² | 4.9 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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LA SMALA
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KEY LARGO ESTATES
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NMI SANTE
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Of 11,979 companies in sector 68203 we hold annual accounts for 5,949. 4,042 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-2004
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.