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DVDE SA CREE MENUISERIE

Active
Private limited companyfounded 20224 yrs activeRue du Progrès 4, 1400 Nivelles, BelgiumKBO/BCE: BE 0790.906.722

The computed 12-month bankruptcy probability of DVDE SA CREE MENUISERIE is 2.3% (moderate). The 2025 annual accounts show negative equity (€-81k) and a net result of €-24k. Equity is shrinking by ~74.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 543 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
35 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+36
Solvency1▼-9
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.39 in 2024; short-term debt: 33.3% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-24.2%
Return on assets
-7.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year €-81k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 3 filings
Deviation from the deadline
2025
24 d late
2024
17 d early
2023
7 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-24k▲ 61.3%
2024 · €-61k
2023: €-36k 2024: €-61k
2023 → 2025
Working capital
€-71k▼ 49.2%
2024 · €-48k
2023: €-94k 2024: €-48k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€4k-€-57k€-81k▼ 41.7%
Operating result€-21k-€-49k▼ 133%€-13k▲ 73.1%
Net result€-36k-€-61k▼ 71.6%€-24k▲ 61.3%
Result per fiscal year
Operating resultNet result
€-80k€-60k€-40k€-20k€0Operating result 2023: €-21k€-21kNet result 2023: €-36k€-36kOperating result 2024: €-49k€-49kNet result 2024: €-61k€-61kOperating result 2025: €-13k€-13kNet result 2025: €-24k€-24k202320242025
The operating result stays negative: a loss of €13k in 2025 against €49k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €332k
Fixed assets €293k▼ 13.9%
Current assets €40k▲ 29.0%
Key figures and ratios
2025 value · change against 2024
EBITDA
€34k
2024 · €608
Cash flow
€23k
2024 · €-12k
Solvency
-24.2%
2024 · -15.3%
Current ratio
0.36
2024 · 0.39
Quick ratio
0.31
2024 · 0.21
Debt / equity
-5.13
2024 · -7.52
ROA
-7.1%
2024 · -16.5%
Interest coverage
3.09
2024 · 0.05
Debt
€413k
2024 · €428k
Debt ≤ 1 year
€111k
2024 · €78k
Debt > 1 year
€302k
2024 · €349k
Staff costs
€61k
2024 · €76k
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€371k€332k
Fixed assets21/28€340k€293k
Intangible fixed assets21€128k€112k
Tangible fixed assets22/27€212k€181k
Plant, machinery and equipment23€206k€180k
Furniture and vehicles24€6k€507
Financial fixed assets28€180€180=
Current assets29/58€31k€40k
Stocks and contracts in progress3€14k€5k
Stocks30/36€14k€5k
Amounts receivable within one year40/41€16k€34k
Trade receivables40€10k€28k
Other amounts receivable41€6k€6k
Cash at bank and in hand54/58€7€694
Deferred charges and accrued income490/1€157€592
Equity and liabilities
Total equity and liabilities10/49€371k€332k
Equity10/15€-57k€-81k
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-97k€-121k
Amounts payable17/49€428k€413k
Amounts payable after more than one year17€349k€302k
Financial debts170/4€240k€193k
Other amounts payable178/9€109k€109k=
Amounts payable within one year42/48€78k€111k
Current portion of amounts payable after more than one year42€46k€55k
Financial debts43€332€0
Credit institutions430/8€332€0
Trade debts44€17k€47k
Suppliers440/4€17k€47k
Advances received on contracts in progress46€4k€0
Taxes, remuneration and social security45€10k€4k
Taxes450/3€2k€0
Remuneration and social security454/9€8k€4k
Other amounts payable47/48€975€5k
Accrued charges and deferred income492/3-€505
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€434k-
Remuneration, social security and pensions62€76k€61k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€47k
Other operating charges640/8€7k€6k
Gross operating margin9900€83k€101k
Operating profit (loss)9901€-49k€-13k
Financial income75/76B€493€467
Recurring financial income75€493€467
Financial charges65/66B€13k€11k
Recurring financial charges65€13k€11k
Profit (loss) for the period before taxes9903€-61k€-24k
Profit (loss) for the period9904€-61k€-24k
Profit (loss) for the period to be appropriated9905€-61k€-24k
Appropriation of the result
Profit (loss) to be appropriated9906€-97k€-121k
Profit (loss) brought forward from the previous period14P€-36k€-97k
Social balance
Average headcount (FTE)90871.8-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
19-08
State Gazette act Resignations & appointments
General meeting · Director appointment2 facts ▸
  • General meeting, 2026-07-29
  • Director appointment, Arnaud Agneessens (administrateur)
2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
07-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2025
Arnaud Agneessens
Director · since 31-12-2025
Current
31-12-2025 Appointed as Director
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2022
establishment The establishment unit on the map
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.

Rue du Progrès 41400 Nivelles
Ground area
2,261 m²
Building footprint
1,350 m²
Volume, LiDAR
5,374 m³
Parcel 25782C0576/00H010, Wallonia · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DVDE SA CREE MENUISERIE
Rue du Progrès 4, 1400 NivellesManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20222.336.849.665
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25782C0576/00H010 Wallonia 2,261 m² 1 · 1,350 m² 7.1 m · 1 fl.
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.

Similar companies · same sector, comparable size

Of 663 companies in sector 16110 we hold annual accounts for 320. 55 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-09-2022
Fiscal year end31-12
Activities, NACEBEL
16110Sawmilling and planing of wood
31004Manufacture of dining room, living room, bedroom and bathroom furniture
16230Manufacture of other builders' carpentry and joinery
31001Manufacture of furniture
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.