DVG & C°
DVG & C° has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-2k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 7448 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
| Equity | €30k |
| Net result | €-2k |
| Better than sector | 47% |
| Active | 10 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 41.7% | 44.0% | |
| Net result | €-2k | €30k | |
| Equity | €30k | €276k | |
| Gross operating margin | €6k | €275k | |
| Staff costs | €4k | €244k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €-746 | €13k | €8k | €26k | €43k |
| Net profit | €-2k | €4k | €-17k | €14k | €26k |
| Cash flow | €-887 | €7k | €2k | €15k | €29k |
| Staff costs | €4k | - | - | - | - |
| Income taxes | €2k | €4k | €4k | €7k | €10k |
| Dividends | €26k | - | - | - | - |
| Total assets | €72k | €103k | €122k | €103k | €132k |
| Equity | €30k | €58k | €54k | €71k | €57k |
| Debt | €42k | €45k | €68k | €32k | €75k |
| of which ≤ 1y | €42k | €45k | €34k | €32k | €30k |
| of which > 1y | - | - | €33k | - | €44k |
| Working capital | €25k | €48k | €43k | €63k | €41k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.59 | 2.07 | 2.24 | 2.94 | 2.39 |
| Quick ratio | 1.57 | 2.04 | 2.20 | 2.89 | 2.29 |
| Working capital ratio | 34.6% | 46.8% | 35.0% | 60.6% | 31.5% |
| Solvency | 41.7% | 56.3% | 44.5% | 68.8% | 43.2% |
| Debt / equity | 1.40 | 0.78 | 1.25 | 0.45 | 1.31 |
| Long-term debt ratio | - | - | 0.62 | - | 0.77 |
| Interest coverage | -0.29 | 4.47 | 3.24 | 5.61 | 10.33 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -2.2% | 3.9% | -14.0% | 13.7% | 19.7% |
| ROE | -5.3% | 6.9% | -31.4% | 19.9% | 45.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €72k | €103k | €122k | €103k | €132k |
| Fixed assets | 21/28 | €5k | €10k | €45k | €8k | €60k |
| Tangible fixed assets | 22/27 | €1k | €6k | €41k | €4k | €60k |
| Financial fixed assets | 28 | €4k | €4k | €4k | €4k | - |
| Current assets | 29/58 | €67k | €93k | €77k | €95k | €71k |
| Stocks & contracts in progress | 3 | €1k | €1k | €2k | €2k | €3k |
| Amounts receivable within one year | 40/41 | €57k | €64k | €59k | €67k | €59k |
| Cash & bank | 54/58 | €8k | €28k | €14k | €27k | €9k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €72k | €103k | €122k | €103k | €132k |
| Equity | 10/15 | €30k | €58k | €54k | €71k | €57k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | €12k |
| Reserves | 13 | €32k | €59k | €59k | €59k | €45k |
| Accumulated profits (losses) | 14 | €-15k | €-13k | €-17k | - | - |
| Amounts payable | 17/49 | €42k | €45k | €68k | €32k | €75k |
| Amounts payable after one year | 17 | - | - | €33k | - | €44k |
| Amounts payable within one year | 42/48 | €42k | €45k | €34k | €32k | €30k |
| Trade debts payable within one year | 44 | €11k | €31k | €11k | €14k | €6k |
| Income statement | ||||||
| Gross operating margin | 9900 | €6k | €20k | €33k | €28k | €45k |
| Operating result | 9901 | €-1k | €11k | €-11k | €25k | €39k |
| Financial income | 75 | €5k | €268 | €294 | €280 | €543 |
| Financial charges | 65 | €3k | €3k | €3k | €5k | €4k |
| Result before taxes | 9903 | €527 | €8k | €-13k | €21k | €36k |
| Income taxes | 67/77 | €2k | €4k | €4k | €7k | €10k |
| Net result for the period | 9904 | €-2k | €4k | €-17k | €14k | €26k |
| Result to be appropriated | 9905 | €-2k | €4k | €-17k | €14k | €26k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 09-08-2016 |
| Status | Active |
| Postal code | 2970 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0570/00W007 | Flanders | 275 m² | 1 · 117 m² | 9.5 m · 1 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-07-2022 Registered office moved from Antwerpen to Schilde
- Ter Heydelaan 181/183-2100 Antwerpen → Oudebaan 116-2970 Schilde
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Oudebaan 116-2970 Schilde",
"city": "Schilde",
"region": "vlaams_gewest",
"street": "Oudebaan",
"country": "BE",
"postcode": "2970",
"box_number": null,
"street_number": "116",
"locality_suffix": null
},
"old_address": {
"raw": "Ter Heydelaan 181/183-2100 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "Ter Heydelaan",
"country": "BE",
"postcode": "2020",
"box_number": "2100",
"street_number": "181/183",
"locality_suffix": null
},
"effective_date": "2022-07-27",
"evidence_quote": "Uit de notulen van de algemene vergadering van 03/06/2022 is gebleken dat vanaf heden de maatschappelijke zetel van DVG \u0026 C\u00B0 BV verplaatst zal worden naar Oudebaan 116-2970 Schilde.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-06-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2022-06-03",
"unanimous": true
},
"subject_company": {
"kbo": "0660.889.209",
"name_full": "DVG \u0026 C\u00B0",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Dennis Van Glabbeek",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | DVG & C° |