DVG
InactiveFinancials · financial year 2024, micro format
2024 annual accounts filed late (8 days) Filed on 8 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00365612.
Turnover
≈ €11,000
Estimated: probably between €4,900 and €26,000
Total assets
€40,562▼ 43.8%
2023 · €72,208
Net result
-€7,305
2023 · €8,255
Working capital
€36,456▲ 2.8%
2023 · €35,451
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €7,240 after €10,810 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€7,240
2024
Net result-€7,305
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€40,562
2024
Equity€36,496
2024
Debt€4,066
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€36,456
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€21,259-€57,587▲ 171%€25,088▼ 56.4%€335▼ 98.7%€1,230▲ 268%€10,810▲ 779%-€7,240
Net result€16,329-€44,716▲ 174%€20,732▼ 53.6%€40▼ 99.8%€584▲ 14×€8,255▲ 14×-€7,305
Equity€47,616-€35,189▼ 26.1%€34,921▼ 0.8%€34,961▲ 0.1%€35,545▲ 1.7%€43,800▲ 23.2%€36,496▼ 16.7%
Total assets€105,579-€84,498▼ 20.0%€98,224▲ 16.2%€63,144▼ 35.7%€52,234▼ 17.3%€72,208▲ 38.2%€40,562▼ 43.8%
Debt€57,963-€49,309▼ 14.9%€63,303▲ 28.4%€28,182▼ 55.5%€16,689▼ 40.8%€28,408▲ 70.2%€4,066▼ 85.7%
Working capital€20,457-€25,285▲ 23.6%-€3,576€9,662€17,825▲ 84.5%€35,451▲ 98.9%€36,456▲ 2.8%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40,562
Fixed assets
€40 ▼ 99.5%
Current assets
€40,522 ▼ 36.5%
Equity and liabilities €40,562
Equity
€36,496 ▼ 16.7%
Debt
€4,066 ▼ 85.7%
Debt's share of the balance-sheet total falls from 39.3% to 10.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€850▼
2023 · €20,181
Cash flow
€786▼
2023 · €17,626
Current ratio
9.96▲
2023 · 2.25
Debt to equity
0.11▼
2023 · 0.65
ROE
-20.0%▼
2023 · 18.8%
ROA
-18.0%▼
2023 · 11.4%
Interest coverage
14.01▼
2023 · over 100
Debt ≤ 1 year
€4,066▼
2023 · €28,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,012 | €16,771 | €6,890 | €9,712 | €9,582 | €9,371 | €8,090 | ▼ 13.7% |
| Other operating charges640/8 | - | - | - | €696 | €636 | €493 | €505 | ▲ 2.4% |
| Non-recurring operating charges66A | - | - | - | €299 | - | - | €34 | - |
| Gross operating margin9900 | €38,804 | €74,803 | €32,556 | €11,042 | €11,447 | €20,675 | €1,390 | ▼ 93.3% |
| Operating profit (loss)9901 | €21,259 | €57,587 | €25,088 | €335 | €1,230 | €10,810 | -€7,240 | - |
| Financial income75/76B | - | - | - | €9 | - | - | €0 | - |
| Recurring financial income75 | - | €1 | - | €9 | - | - | €0 | - |
| Financial charges65/66B | - | - | - | €198 | €150 | €54 | €65 | ▲ 20.1% |
| Recurring financial charges65 | €185 | €209 | €204 | €198 | €150 | €54 | €61 | ▲ 12.3% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €4 | - |
| Profit (loss) for the period before taxes9903 | €21,075 | €57,378 | €24,884 | €145 | €1,080 | €10,756 | -€7,305 | - |
| Income taxes67/77 | €4,746 | €12,662 | €4,153 | €105 | €496 | €2,501 | - | - |
| Profit (loss) for the period9904 | €16,329 | €44,716 | €20,732 | €40 | €584 | €8,255 | -€7,305 | - |
| Profit (loss) for the period to be appropriated9905 | €16,329 | €44,716 | €20,732 | €40 | €584 | €8,255 | -€7,305 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €105,579 | €84,498 | €98,224 | €63,144 | €52,234 | €72,208 | €40,562 | ▼ 43.8% |
| Fixed assets21/28 | €27,781 | €11,906 | €40,499 | €27,302 | €17,720 | €8,349 | €40 | ▼ 99.5% |
| Tangible fixed assets22/27 | €27,781 | €11,906 | €40,459 | €27,262 | €17,680 | €8,309 | - | - |
| Furniture and vehicles24 | - | - | - | €27,262 | €17,680 | €8,309 | - | - |
| Financial fixed assets28 | - | - | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €77,798 | €72,592 | €57,725 | €35,842 | €34,514 | €63,859 | €40,522 | ▼ 36.5% |
| Amounts receivable within one year40/41 | €21,368 | €22,460 | €8,418 | €13,502 | €9,406 | €6,782 | €39,155 | ▲ 477% |
| Trade receivables40 | - | - | - | €11,557 | €9,185 | €3,146 | €1,900 | ▼ 39.6% |
| Other amounts receivable41 | - | - | - | €1,944 | €221 | €3,636 | €37,255 | ▲ 925% |
| Cash at bank and in hand54/58 | €54,828 | €48,777 | €48,772 | €21,131 | €23,647 | €56,341 | €606 | ▼ 98.9% |
| Deferred charges and accrued income490/1 | - | - | - | €1,209 | €1,461 | €736 | €761 | ▲ 3.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €105,579 | €84,498 | €98,224 | €63,144 | €52,234 | €72,208 | €40,562 | ▼ 43.8% |
| Equity10/15 | €47,616 | €35,189 | €34,921 | €34,961 | €35,545 | €43,800 | €36,496 | ▼ 16.7% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €41,416 | €28,989 | €28,721 | €28,761 | €29,345 | €37,600 | €37,600 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €26,901 | €27,485 | €35,740 | €35,740 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | -€7,305 | - |
| Amounts payable17/49 | €57,963 | €49,309 | €63,303 | €28,182 | €16,689 | €28,408 | €4,066 | ▼ 85.7% |
| Amounts payable within one year42/48 | €57,341 | €47,307 | €61,301 | €26,180 | €16,689 | €28,408 | €4,066 | ▼ 85.7% |
| Trade debts44 | €1,836 | €1,706 | €838 | €1,670 | €2,074 | €19,262 | €1,234 | ▼ 93.6% |
| Suppliers440/4 | - | - | - | €1,670 | €2,074 | €19,262 | €1,234 | ▼ 93.6% |
| Taxes, remuneration and social security45 | - | - | - | €1,015 | €1,457 | €2,832 | €2,832 | = |
| Taxes450/3 | - | - | - | €1,015 | €1,457 | €2,832 | €2,832 | = |
| Other amounts payable47/48 | - | - | - | €23,496 | €13,158 | €6,314 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,002 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,329 | €44,716 | €20,732 | €40 | €584 | €8,255 | -€7,305 | - |
| + Depreciation and write-downs630 | €17,012 | €16,771 | €6,890 | €9,712 | €9,582 | €9,371 | €8,090 | ▼ 13.7% |
| Operating cash flow (approximation) | €33,341 | €61,487 | €27,622 | €9,753 | €10,165 | €17,626 | €786 | ▼ 95.5% |
| Investment in fixed assets (approximation) | - | -€896 | -€35,483 | €3,485 | €0 | €0 | €219 | - |
| Change in cash | - | -€6,051 | -€5 | -€27,641 | €2,516 | €32,694 | -€55,735 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 08-08-2025 | 2025-00365612 |
| 31-12-2023 | micro format | 25-07-2024 | 2024-00280198 |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00379984 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20334136 |
| 31-12-2020 | micro format | 25-08-2021 | 2021-55100553 |
| 31-12-2019 | micro format | 29-08-2020 | 2020-45800297 |
| 31-12-2018 | micro format | 23-07-2019 | 2019-37000396 |
| 31-12-2017 | micro format | 21-08-2018 | 2018-50700588 |
| 31-12-2016 | micro format | 15-07-2017 | 2017-34300440 |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-22400416 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.