DVG Laswerken
Judicial reorganisationThe file of DVG Laswerken contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €84k and a net result of €3k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 1888 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-84
Solvency10=
Growth32▼-26
Stability60
Credit verdict
No credit on open account
Liquidity short (current ratio 0.36 against 0.34 in 2024), and 85.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1888 sector peers (2025).
NBB · sector comparisonPosition among 1888 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
43 d early
2023
14 d late
2022
67 d late
2021
418 d late
2020
30 d late
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 3.3%
2024 · €81k
2018: €134k
2019: €22k
2020: €16k
2021: €18k
2022: €20k
2023: €33k
2024: €81k
2018 → 2025
Total assets
€562k▲ 5.1%
2024 · €535k
2018: €981k
2019: €833k
2020: €778k
2021: €710k
2022: €681k
2023: €577k
2024: €535k
2018 → 2025
Net result
€3k▼ 94.5%
2024 · €48k
2018: €8k
2019: €-112k
2020: €-6k
2021: €2k
2022: €2k
2023: €13k
2024: €48k
2018 → 2025
Working capital
€-237k▼ 13.3%
2024 · €-209k
2018: €-119k
2019: €-241k
2020: €-267k
2021: €-290k
2022: €-249k
2023: €-243k
2024: €-209k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€20k▲ 10.5%€33k▲ 63.4%€81k▲ 146%€84k▲ 3.3%
Operating result€18k-€21k▲ 20.3%€42k▲ 99.1%€98k▲ 130%€24k▼ 75.4%
Net result€2k-€2k▼ 15.5%€13k▲ 570%€48k▲ 277%€3k▼ 94.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €562k
Fixed assets
€429k▼ 0.1%
Current assets
€133k▲ 26.2%
Equity and liabilities €562k
Equity
€84k▲ 3.3%
Debt
€478k▲ 5.4%
The debt ratio rises from 84.8% to 85.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€45k▼
2024 · €119k
Cash flow
€24k▼
2024 · €70k
Solvency
14.9%▼
2024 · 15.2%
Current ratio
0.36▲
2024 · 0.34
Quick ratio
0.27▲
2024 · 0.25
Debt / equity
5.69▲
2024 · 5.58
ROE
3.2%▼
2024 · 59.4%
ROA
0.5%▼
2024 · 9.0%
Interest coverage
2.36▼
2024 · 4.03
Debt
€478k▲
2024 · €454k
Debt ≤ 1 year
€370k▲
2024 · €314k
Debt > 1 year
€108k▼
2024 · €139k
Income taxes
€2k▼
2024 · €20k
Staff costs
€42k▼
2024 · €56k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€535k€562k▲
Fixed assets21/28€430k€429k▼
Tangible fixed assets22/27€427k€427k▼
Land and buildings22€420k€400k▼
Plant, machinery and equipment23€7k€25k▲
Furniture and vehicles24-€2k
Financial fixed assets28€2k€2k=
Current assets29/58€105k€133k▲
Stocks and contracts in progress3€28k€33k▲
Stocks30/36€28k€33k▲
Amounts receivable within one year40/41€77k€87k▲
Trade receivables40€62k€45k▼
Other amounts receivable41€16k€42k▲
Cash at bank and in hand54/58-€13k
Equity and liabilities
Total equity and liabilities10/49€535k€562k▲
Equity10/15€81k€84k▲
Contributions10/11€19k€19k=
Reserves13€63k€65k▲
Distributable reserves133€63k€65k▲
Amounts payable17/49€454k€478k▲
Amounts payable after more than one year17€139k€108k▼
Financial debts170/4€139k€108k▼
Amounts payable within one year42/48€314k€370k▲
Current portion of amounts payable after more than one year42€30k€64k▲
Financial debts43€143k€150k▲
Credit institutions430/8€143k€150k▲
Trade debts44€54k€79k▲
Suppliers440/4€54k€79k▲
Taxes, remuneration and social security45€55k€32k▼
Taxes450/3€19k€268▼
Remuneration and social security454/9€36k€32k▼
Other amounts payable47/48€32k€44k▲
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€56k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Other operating charges640/8€7k€4k▼
Non-recurring operating charges66A€3k€35k▲
Gross operating margin9900€186k€126k▼
Operating profit (loss)9901€98k€24k▼
Financial income75/76B€570€3▼
Recurring financial income75€570€3▼
Financial charges65/66B€30k€19k▼
Recurring financial charges65€30k€19k▼
Profit (loss) for the period before taxes9903€69k€5k▼
Income taxes67/77€20k€2k▼
Profit (loss) for the period9904€48k€3k▼
Profit (loss) for the period to be appropriated9905€48k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€3k▼
Transfer to equity691/2€48k€3k▼
To the legal reserve6920-€3k
To other reserves6921€48k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €48k ▲277%
Operating result €98k, net result €48k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 418 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-112k ▼1551%
Net result drops to €-112k, the lowest in the series; recovery starts the following year.
05-11
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 29-10-2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Retie · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veldenstraat 72470 RetieGround area
7,399 m²
Building footprint
3,118 m²
Volume, LiDAR
22,594 m³
Parcel 13036B0258/00S000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D'AMARE
since 19942.065.069.424
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036B0258/00S000 | Flanders | 7,398 m² | 1 · 3,118 m² | 10.0 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteRetie2.065.069.424
Dual-learning approval
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Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-1993
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.