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DVG Development

Active Private limited companyfounded 2020active for 6 yearsTerhulpsesteenweg 177, 1170 Watermael-BoitsfortKBO/BCE: BE 0754.837.469 subsidiary of
Part of the group 17 companies

Lifetime

5 annual accounts with figures on one time axis
peak €12,770 (2025)
€12,770▲ €20,831
lowest -€8,683 (2024)
€11,701▲ €20,384
peak €13,657 (2021)
€10,980▲ €11,701
€134,659▲ 39×
Board7 names since 2020
2 directors and 1 other
Owners
  
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from -€8,061 to €12,770Back to profit: €11,701Equity from -€721 to €10,980Debts from €3,478 to €134,659Cash from €2,713 to €14,411

Key points

from the 2025 annual accounts

Turnover

≈ €67,000 estimated

The accounts state no turnover.

Debts

€134,659 92% of the balance sheet

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 14 to 40 days before the end of the period.

Position in the sector

€10,980

Less equity than 81% of companies in computer programming and consultancy. Sector median €190,181 · 3,545 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as DVG Development has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,153 companies, not a prediction for DVG Development. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Daily manager,
Daily manager,
  • 100%score equity €5.7m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered office moved from Ghent to Watermael-Boitsfort New registered office: Terhulpsesteenweg 177 bus 5, 1170 Watermaal-Bosvoorde · Previous registered office: Pieter Brueghellaan 1, 9051 Gent · Permanent representatives: and · Board meeting of 18-05-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0754837469
2 directors appointed, 2 resignations Resignations: and · Appointments: (director) and (director) · Permanent representatives: and · General meeting of 28-11-2024 · Gazette deed
Company renamed from Bombay Studio to DVG Development Resignations: (director) and (director) · Reappointments: (class A director) and (class B director) · Permanent representatives: and · General meeting of 03-02-2023 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
DVG Development Watermael-Boitsfort €145,639 €12,770 7.5% -
vbkoncept Duffel €158,213 €13,343 92.3% -
Optimalist Maasmechelen €155,611 €14,579 92.5% -
Ingram Technologies Brussels €184,965 €16,262 44.4% -
VGM-CONSULTANCY Ganshoren €102,673 €13,181 18.9% -
PCarvalhinho Etterbeek €204,533 €11,856 4.6% -
TYRELL Jette €128,413 €18,138 11.3% -

These companies have the same main activity as DVG Development: computer programming (NACE 62100). They are comparable in size and age: total assets between €103,000 and €205,000, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 24-09-2020Normal situation
Registered office
304 active companies are registered at this address24 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Computer programmingNACE 62100
Establishment unit
2.309.056.5919000 Ghent, since 24-09-2020
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€145,639▲ 53×
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on DVG Development

DVG Development files the abbreviated format. That format states no turnover. The gross margin rose from -€396 in 2021 to €12,770 in 2025.

holds all the shares. In December 2024, three directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DVG Development

What is the company number of DVG Development?
The company number of DVG Development is 0754.837.469. The VAT number is the same number with BE in front: BE 0754.837.469.
Where is DVG Development based?
The registered office is at Terhulpsesteenweg 177, 1170 Watermael-Boitsfort.Company details
What does DVG Development do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of DVG Development?
DVG Development is a private limited company (BV).
When was DVG Development founded?
DVG Development was founded on 24-09-2020.
Is DVG Development still active?
Yes, DVG Development is an active enterprise in the KBO register.
What is the turnover of DVG Development?
The turnover in financial year 2025 is ≈ €67,000. This figure is estimated from the gross margin of €12,770 and 68 comparable companies (NACE 62100). It probably lies between €33,000 and €130,000. It is a rough estimate.Financials
Is DVG Development profitable?
In financial year 2025, DVG Development made a profit of €11,701.
Where can I find the annual accounts of DVG Development?
DVG Development filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DVG Development due?
DVG Development must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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