DVEX
ActiveSummary
The computed 12-month bankruptcy probability of DVEX is 7.2% (elevated). The latest annual accounts of DVEX were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €19,029 and a net result of €7,023. Equity is growing by ~96.1% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Axes, FY 2023 · tick = 2022
Profitability69▲+1
Solvency38▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
7.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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
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 2023Solvency, return and age of the figures
Solvency
12.8%
Return on assets
4.7%
Age of the figures
33 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2026, 330 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
330 d late
2023
48 d late
2022
1 d early
2021
133 d early
2020
25 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 37 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€19,029▲ 58.5%
2022 · €12,006
Total assets
€148,390▲ 125%
2022 · €66,067
Net result
€7,023▲ 14.2%
2022 · €6,150
Working capital
-€3,214
2022 · €5,769
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€488-€2,384€7,946▲ 233%€10,854▲ 36.6%€14,163▲ 30.5%
Net result-€1,053-€1,359within the sector's middle half€5,451within the sector's middle half▲ 301%€6,150within the sector's middle half▲ 12.8%€7,023within the sector's middle half▲ 14.2%
Equity-€953-€405below the sector's middle half€5,856below the sector's middle half▲ 1,344%€12,006within the sector's middle half▲ 105%€19,029within the sector's middle half▲ 58.5%
Total assets€26,677-€39,731within the sector's middle half▲ 48.9%€56,140within the sector's middle half▲ 41.3%€66,067within the sector's middle half▲ 17.7%€148,390within the sector's middle half▲ 125%
Debt€27,630-€39,325▲ 42.3%€50,284▲ 27.9%€54,062▲ 7.5%€129,361▲ 139%
Working capital-€7,899--€5,116within the sector's middle half▲ 35.2%€1,163within the sector's middle half€5,769within the sector's middle half▲ 396%-€3,214within the sector's middle half
Solvency-3.6%-1.0%below the sector's middle half▲ 4.6pp10.4%below the sector's middle half▲ 9.4pp18.2%within the sector's middle half▲ 7.7pp12.8%below the sector's middle half▼ 5.3pp
Current ratio0.48-0.83within the sector's middle half▲ 0.351.03within the sector's middle half▲ 0.201.11within the sector's middle half▲ 0.090.96within the sector's middle half▼ 0.15
Return on assets (ROA)-3.9%-3.4%within the sector's middle half▲ 7.4pp9.7%within the sector's middle half▲ 6.3pp9.3%within the sector's middle half▼ 0.4pp4.7%within the sector's middle half▼ 4.6pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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 has risen four years in a row; 2023 is 30% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €148,390
Fixed assets
€66,644 ▲ 655%
Current assets
€81,746 ▲ 42.8%
Equity and liabilities €148,390
Equity
€19,029 ▲ 58.5%
Debt
€129,361 ▲ 139%
Debt's share of the balance-sheet total rises from 81.8% to 87.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€30,061▲
2022 · €14,910
Cash flow
€22,921▲
2022 · €10,206
Debt to equity
6.80▲
2022 · 4.50
ROE
36.9%▼
2022 · 51.2%
Interest coverage
5.37▲
2022 · 4.56
Debt ≤ 1 year
€84,961▲
2022 · €51,470
Debt > 1 year
€44,190▲
2022 · €2,504
Income taxes
€2,918▲
2022 · €1,876
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,757 | €4,855 | €4,338 | €4,056 | €15,897 | ▲ 292% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3,860 | - | - |
| Other operating charges640/8 | - | - | - | €2,580 | €2,877 | ▲ 11.5% |
| Non-recurring operating charges66A | - | - | - | €213 | - | - |
| Gross operating margin9900 | €1,447 | €8,191 | €16,306 | €21,562 | €32,937 | ▲ 52.8% |
| Operating profit (loss)9901 | -€488 | €2,384 | €7,946 | €10,854 | €14,163 | ▲ 30.5% |
| Financial income75/76B | - | - | - | €440 | €1,377 | ▲ 213% |
| Recurring financial income75 | €0 | €114 | €1,040 | €440 | €1,377 | ▲ 213% |
| Financial charges65/66B | - | - | - | €3,268 | €5,599 | ▲ 71.3% |
| Recurring financial charges65 | €565 | €1,062 | €2,175 | €3,268 | €5,599 | ▲ 71.3% |
| Profit (loss) for the period before taxes9903 | -€1,053 | €1,437 | €6,811 | €8,025 | €9,941 | ▲ 23.9% |
| Income taxes67/77 | - | €78 | €1,361 | €1,876 | €2,918 | ▲ 55.5% |
| Profit (loss) for the period9904 | -€1,053 | €1,359 | €5,451 | €6,150 | €7,023 | ▲ 14.2% |
| Profit (loss) for the period to be appropriated9905 | -€1,053 | €1,359 | €5,451 | €6,150 | €7,023 | ▲ 14.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,677 | €39,731 | €56,140 | €66,067 | €148,390 | ▲ 125% |
| Formation expenses20 | €580 | - | - | - | - | - |
| Fixed assets21/28 | €18,885 | €14,841 | €10,861 | €8,828 | €66,644 | ▲ 655% |
| Intangible fixed assets21 | €339 | €206 | €72 | - | - | - |
| Tangible fixed assets22/27 | €18,546 | €14,636 | €10,539 | €6,678 | €65,359 | ▲ 879% |
| Furniture and vehicles24 | - | - | - | €188 | €62,505 | ▲ 33,075% |
| Leasing and similar rights25 | - | - | - | €6,490 | €2,854 | ▼ 56.0% |
| Financial fixed assets28 | - | - | €250 | €2,150 | €1,285 | ▼ 40.2% |
| Current assets29/58 | €7,212 | €24,889 | €45,279 | €57,239 | €81,746 | ▲ 42.8% |
| Amounts receivable within one year40/41 | €1,444 | €8,295 | €22,386 | €14,779 | €52,688 | ▲ 256% |
| Trade receivables40 | - | - | - | €11,999 | €47,780 | ▲ 298% |
| Other amounts receivable41 | - | - | - | €2,781 | €4,908 | ▲ 76.5% |
| Cash at bank and in hand54/58 | €4,059 | €13,760 | €18,088 | €39,367 | €23,389 | ▼ 40.6% |
| Deferred charges and accrued income490/1 | - | - | - | €3,092 | €5,670 | ▲ 83.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,677 | €39,731 | €56,140 | €66,067 | €148,390 | ▲ 125% |
| Equity10/15 | -€953 | €405 | €5,856 | €12,006 | €19,029 | ▲ 58.5% |
| Contributions10/11 | €100 | - | - | €100 | €100 | = |
| Reserves13 | - | - | - | - | €9,900 | - |
| Distributable reserves133 | - | - | - | - | €9,900 | - |
| Profit (loss) carried forward14 | -€1,053 | €305 | €5,756 | €11,906 | €9,029 | ▼ 24.2% |
| Amounts payable17/49 | €27,630 | €39,325 | €50,284 | €54,062 | €129,361 | ▲ 139% |
| Amounts payable after more than one year17 | €12,519 | €9,181 | €5,842 | €2,504 | €44,190 | ▲ 1,665% |
| Financial debts170/4 | - | - | - | €2,504 | €44,190 | ▲ 1,665% |
| Amounts payable within one year42/48 | €15,111 | €30,005 | €44,115 | €51,470 | €84,961 | ▲ 65.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,338 | €19,694 | ▲ 490% |
| Financial debts43 | - | - | - | €250 | €415 | ▲ 65.8% |
| Credit institutions430/8 | - | - | - | €250 | €415 | ▲ 65.8% |
| Trade debts44 | €1,954 | €3,820 | €16,244 | €16,310 | €38,872 | ▲ 138% |
| Suppliers440/4 | - | - | - | €16,310 | €38,872 | ▲ 138% |
| Advances received on contracts in progress46 | - | - | - | €860 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €10,712 | €15,980 | ▲ 49.2% |
| Taxes450/3 | - | - | - | €10,342 | €13,264 | ▲ 28.3% |
| Remuneration and social security454/9 | - | - | - | €370 | €2,716 | ▲ 633% |
| Other amounts payable47/48 | - | - | - | €20,000 | €10,000 | ▼ 50.0% |
| Accrued charges and deferred income492/3 | - | - | - | €87 | €211 | ▲ 141% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,053 | €1,359 | €5,451 | €6,150 | €7,023 | ▲ 14.2% |
| + Depreciation and write-downs630 | €1,757 | €4,855 | €4,338 | €4,056 | €15,897 | ▲ 292% |
| Operating cash flow (approximation) | €704 | €6,214 | €9,789 | €10,206 | €22,921 | ▲ 125% |
| Investment in fixed assets (approximation) | - | -€812 | -€358 | -€2,023 | -€73,713 | ▼ 3,544% |
| Change in cash | - | €9,701 | €4,328 | €21,279 | -€15,978 | ▼ 175% |
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
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 330 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Highest result since 2019net €7,023 ▲14.2%
Operating result €14,163, net result €7,023, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1,359
Net result €1,359 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Elsene · 1 establishment unit since 2019
Ground area
2,704 m²
Building footprint
482 m²
Volume, LiDAR
3,394 m³
2 parcels, Brussels · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DVEX
since 20192.290.111.503
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0034/00S006 | Brussels | 2,633 m² | 1 · 433 m² | 9.4 m · 2 fl. |
| 21443C0129/00X002 | Brussels | 71 m² | 1 · 49 m² | 16.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 4,903 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
Founded17-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
70200Business and other management consultancy
Contact
E-mail
INFO@DVEX.BE
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728548192
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.