DVConstruct
ActiveSummary
DVConstruct has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €298,991 and a net result of €81,524. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-3
Solvency74▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.79 in 2024; short-term debt: 49.2% and cash: 89.9% of total assets), but 51% of the assets are financed with debt.
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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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
49%
Return on assets
13.4%
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 19-05-2026, 73 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
73 d early
2024
50 d early
2023
68 d early
2022
54 d early
2021
80 d early
2020
30 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€298,991▲ 16.6%
2024 · €256,467
Total assets
€610,557▲ 10.4%
2024 · €553,210
Net result
€81,524▼ 2.0%
2024 · €83,168
Working capital
€269,005▲ 15.9%
2024 · €232,062
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€142,085▲ 38.0%€96,000▼ 32.4%€109,934▲ 14.5%€108,522▼ 1.3%€114,925▲ 5.9%
Net result€110,246above the sector's middle half▲ 36.2%€76,389above the sector's middle half▼ 30.7%€85,763above the sector's middle half▲ 12.3%€83,168above the sector's middle half▼ 3.0%€81,524above the sector's middle half▼ 2.0%
Equity€261,147above the sector's middle half▲ 73.1%€337,536above the sector's middle half▲ 29.3%€423,299above the sector's middle half▲ 25.4%€256,467above the sector's middle half▼ 39.4%€298,991above the sector's middle half▲ 16.6%
Total assets€277,046within the sector's middle half▲ 69.6%€361,197within the sector's middle half▲ 30.4%€457,076within the sector's middle half▲ 26.5%€553,210above the sector's middle half▲ 21.0%€610,557above the sector's middle half▲ 10.4%
Debt€15,899▲ 27.8%€23,661▲ 48.8%€33,777▲ 42.8%€296,743▲ 779%€311,566▲ 5.0%
Working capital€193,949▲ 28.2%€280,909▲ 44.8%€382,608▲ 36.2%€232,062▼ 39.3%€269,005▲ 15.9%
Solvency94.3%above the sector's middle half▲ 1.9pp93.4%above the sector's middle half▼ 0.8pp92.6%above the sector's middle half▼ 0.8pp46.4%within the sector's middle half▼ 46.3pp49.0%within the sector's middle half▲ 2.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €610,557
Fixed assets
€41,106 ▲ 53.8%
Current assets
€569,451 ▲ 8.2%
Equity and liabilities €610,557
Equity
€298,991 ▲ 16.6%
Debt
€311,566 ▲ 5.0%
Debt's share of the balance-sheet total falls from 53.6% to 51.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131,147▲
2024 · €123,798
Cash flow
€97,746▼
2024 · €98,444
Current ratio
1.90▲
2024 · 1.79
Debt to equity
1.04▼
2024 · 1.16
ROE
27.3%▼
2024 · 32.4%
ROA
13.4%▼
2024 · 15.0%
Interest coverage
11.71▼
2024 · 51.93
Debt ≤ 1 year
€300,446▲
2024 · €294,428
Income taxes
€22,198▼
2024 · €22,970
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,776 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,200 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,294 | €14,813 | €15,276 | €15,276 | €16,222 | ▲ 6.2% |
| Other operating charges640/8 | €963 | €1,105 | €1,401 | €1,036 | €988 | ▼ 4.7% |
| Gross operating margin9900 | €147,342 | €111,918 | €126,611 | €124,835 | €132,135 | ▲ 5.8% |
| Operating profit (loss)9901 | €142,085 | €96,000 | €109,934 | €108,522 | €114,925 | ▲ 5.9% |
| Financial income75/76B | - | €0 | €0 | - | - | - |
| Recurring financial income75 | - | €0 | €0 | - | - | - |
| Financial charges65/66B | €450 | €699 | €1,360 | €2,384 | €11,203 | ▲ 370% |
| Recurring financial charges65 | €450 | €699 | €1,360 | €2,384 | €11,203 | ▲ 370% |
| Profit (loss) for the period before taxes9903 | €141,635 | €95,301 | €108,573 | €106,138 | €103,722 | ▼ 2.3% |
| Income taxes67/77 | €31,390 | €18,912 | €22,811 | €22,970 | €22,198 | ▼ 3.4% |
| Profit (loss) for the period9904 | €110,246 | €76,389 | €85,763 | €83,168 | €81,524 | ▼ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €110,246 | €76,389 | €85,763 | €83,168 | €81,524 | ▼ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €277,046 | €361,197 | €457,076 | €553,210 | €610,557 | ▲ 10.4% |
| Fixed assets21/28 | €67,595 | €57,272 | €41,996 | €26,721 | €41,106 | ▲ 53.8% |
| Tangible fixed assets22/27 | €67,595 | €57,272 | €41,996 | €26,721 | €41,106 | ▲ 53.8% |
| Furniture and vehicles24 | €67,595 | €53,218 | €38,840 | €24,462 | €39,746 | ▲ 62.5% |
| Other tangible fixed assets26 | - | €4,055 | €3,157 | €2,259 | €1,360 | ▼ 39.8% |
| Current assets29/58 | €209,451 | €303,924 | €415,079 | €526,489 | €569,451 | ▲ 8.2% |
| Amounts receivable within one year40/41 | €19,346 | €18,263 | €17,165 | €16,328 | €16,827 | ▲ 3.1% |
| Trade receivables40 | €15,736 | €16,477 | €17,165 | €16,298 | €16,827 | ▲ 3.2% |
| Other amounts receivable41 | €3,610 | €1,786 | €0 | €30 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €187,681 | €268,502 | €394,817 | €505,588 | €549,192 | ▲ 8.6% |
| Deferred charges and accrued income490/1 | €2,424 | €17,159 | €3,097 | €4,573 | €3,432 | ▼ 25.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €277,046 | €361,197 | €457,076 | €553,210 | €610,557 | ▲ 10.4% |
| Equity10/15 | €261,147 | €337,536 | €423,299 | €256,467 | €298,991 | ▲ 16.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €240,687 | €317,076 | €402,839 | €236,007 | €278,531 | ▲ 18.0% |
| Amounts payable17/49 | €15,899 | €23,661 | €33,777 | €296,743 | €311,566 | ▲ 5.0% |
| Amounts payable within one year42/48 | €15,501 | €23,015 | €32,471 | €294,428 | €300,446 | ▲ 2.0% |
| Trade debts44 | €2,444 | €547 | €2,729 | €1,045 | €3,451 | ▲ 230% |
| Suppliers440/4 | €2,444 | €547 | €2,729 | €1,045 | €3,451 | ▲ 230% |
| Taxes, remuneration and social security45 | €38 | €0 | €4,394 | €7,468 | €7,696 | ▲ 3.1% |
| Taxes450/3 | €38 | €0 | €4,394 | €7,468 | €7,696 | ▲ 3.1% |
| Other amounts payable47/48 | €13,019 | €22,469 | €25,348 | €285,915 | €289,299 | ▲ 1.2% |
| Accrued charges and deferred income492/3 | €398 | €645 | €1,306 | €2,315 | €11,120 | ▲ 380% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €110,246 | €76,389 | €85,763 | €83,168 | €81,524 | ▼ 2.0% |
| + Depreciation and write-downs630 | €4,294 | €14,813 | €15,276 | €15,276 | €16,222 | ▲ 6.2% |
| Operating cash flow (approximation) | €114,539 | €91,202 | €101,038 | €98,444 | €97,746 | ▼ 0.7% |
| Investment in fixed assets (approximation) | - | -€4,490 | €0 | €0 | -€30,608 | - |
| Change in cash | - | €80,822 | €126,315 | €110,771 | €43,604 | ▼ 60.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2019net €110,246 ▲36.2%
Operating result €142,085, net result €110,246, both a record.
31-12
Financial
Equity above €200,000Eq €261,147 ▲73.1%
3 profitable years in a row build equity to €261,147.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €150,901 ▲116%
2 profitable years in a row build equity to €150,901.
17-12
State Gazette act
General meeting · Director resignation
Permanent representative · No new directors
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
02-04
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Capital
2019
03-04
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Heist-op-den-Berg · 1 establishment unit since 2019
Ground area
1,397 m²
Building footprint
167 m²
Volume, LiDAR
1,016 m³
Parcel 12011B0276/00K000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DVConstruct
since 20192.285.729.081
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12011B0276/00K000 | Flanders | 1,397 m² | 1 · 167 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,195 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0721432253
Also
9925:BE0721432253
Registered
19-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.