DVE Construct
ActiveDVE Construct has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €215k and a net result of €74k. Equity is growing by ~50.2% per year across the filed fiscal years. Its solvency ranks better than 69% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
76
/ 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency69▲+15
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.49 in 2023), and 39.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
32 d early
2022
34 d early
2021
34 d early
2020
35 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€215k▲ 52.5%
2023 · €141k
2018: €20k
2019: €28k
2020: €47k
2021: €71k
2022: €93k
2023: €141k
2018 → 2024
Total assets
€355k▲ 7.6%
2023 · €330k
2018: €213k
2019: €208k
2020: €288k
2021: €287k
2022: €262k
2023: €330k
2018 → 2024
Net result
€74k▲ 55.9%
2023 · €47k
2018: €656
2019: €7k
2020: €19k
2021: €24k
2022: €22k
2023: €47k
2018 → 2024
Working capital
€-41k▲ 48.6%
2023 · €-80k
2018: €-119k
2019: €-115k
2020: €-130k
2021: €-91k
2022: €-58k
2023: €-80k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€47k-€71k▲ 52.1%€93k▲ 30.9%€141k▲ 50.9%€215k▲ 52.5%
Operating result€22k-€35k▲ 55.8%€32k▼ 9.8%€64k▲ 104%€104k▲ 61.0%
Net result€19k-€24k▲ 26.6%€22k▼ 9.9%€47k▲ 116%€74k▲ 55.9%
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 two years in a row; 2024 is 61% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €355k
Fixed assets
€275k▲ 8.0%
Current assets
€80k▲ 6.3%
Equity and liabilities €355k
Equity
€215k▲ 52.5%
Debt
€140k▼ 25.8%
The debt ratio falls from 57.4% to 39.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€158k▲
2023 · €104k
Cash flow
€128k▲
2023 · €87k
Solvency
60.4%▲
2023 · 42.6%
Current ratio
0.66▲
2023 · 0.49
Quick ratio
0.61▲
2023 · 0.42
Debt / equity
0.65▼
2023 · 1.35
ROE
34.4%▲
2023 · 33.7%
ROA
20.8%▲
2023 · 14.4%
Interest coverage
119.91▲
2023 · 69.59
Debt
€140k▼
2023 · €189k
Debt ≤ 1 year
€121k▼
2023 · €155k
Debt > 1 year
€20k▼
2023 · €35k
Income taxes
€28k▲
2023 · €16k
Staff costs
€67k▼
2023 · €113k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€330k€355k▲
Fixed assets21/28€255k€275k▲
Tangible fixed assets22/27€255k€275k▲
Land and buildings22€106k€100k▼
Plant, machinery and equipment23€19k€16k▼
Furniture and vehicles24€98k€137k▲
Leasing and similar rights25€32k€23k▼
Financial fixed assets28€125€125=
Current assets29/58€75k€80k▲
Stocks and contracts in progress3€10k€6k▼
Stocks30/36€10k€6k▼
Amounts receivable within one year40/41€7k€26k▲
Trade receivables40€2k€18k▲
Other amounts receivable41€4k€8k▲
Cash at bank and in hand54/58€50k€37k▼
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€330k€355k▲
Equity10/15€141k€215k▲
Contributions10/11€19k€19k=
Reserves13€122k€196k▲
Distributable reserves133€122k€196k▲
Amounts payable17/49€189k€140k▼
Amounts payable after more than one year17€35k€20k▼
Financial debts170/4€35k€20k▼
Amounts payable within one year42/48€155k€121k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43-€451
Credit institutions430/8-€451
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Advances received on contracts in progress46€10k€0▼
Taxes, remuneration and social security45€16k€388▼
Taxes450/3€16k€388▼
Remuneration and social security454/9€0-
Other amounts payable47/48€105k€97k▼
Income statement
Code20232024
Non-recurring operating income76A€17k€14k▼
Remuneration, social security and pensions62€113k€67k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€54k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€219k€227k▲
Operating profit (loss)9901€64k€104k▲
Financial income75/76B€99€107▲
Recurring financial income75€99€107▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€63k€102k▲
Income taxes67/77€16k€28k▲
Profit (loss) for the period9904€47k€74k▲
Profit (loss) for the period to be appropriated9905€47k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€74k▲
Transfer to equity691/2€47k€74k▲
To other reserves6921€47k€74k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €74k ▲55.9%
Operating result €104k, net result €74k, both a record.
31-12
Financial
Equity above €200kEq €215k ▲52.5%
7 profitable years in a row build equity to €215k.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €141k ▲50.9%
6 profitable years in a row build equity to €141k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Geraardsbergen · 1 establishment unit since 2016
Ground area
348 m²
Building footprint
494 m²
Volume, LiDAR
2,183 m³
Parcel 41078B1192/00C000, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DVE Construct
since 20162.253.666.623
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41078B1192/00C000 | Flanders | 348 m² | 1 · 494 m² | 13.0 m · 2 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.
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Of 29,533 companies in sector 41001 we hold annual accounts for 15,863. 11,802 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43120Site preparation
43230Insulation installation
43291Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.