DVH Groep
ActiveSummary
DVH Groep has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-43k) and a net result of €-90k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 93 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability2▼-69
Solvency19▼-17
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.04 against 0.11 in 2023; short-term debt: 106.4% and cash: 0.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-6.4%
Return on assets
-13.4%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 29
Relative position
BE, all sectors
reference
Sector 29
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-43k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
6 d early
2022
40 d early
2021
24 d early
2020
19 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-43k
2023 · €47k
2018: €16k
2019: €28k
2020: €8k
2021: €-16k
2022: €39k
2023: €47k
2018 → 2024
Total assets
€671k▲ 63.4%
2023 · €411k
2018: €105k
2019: €160k
2020: €214k
2021: €292k
2022: €411k
2023: €411k
2018 → 2024
Net result
€-90k
2023 · €8k
2018: €-3k
2019: €13k
2020: €-20k
2021: €-24k
2022: €55k
2023: €8k
2018 → 2024
Working capital
€-683k▼ 111%
2023 · €-324k
2018: €-30k
2019: €-65k
2020: €-69k
2021: €-108k
2022: €-206k
2023: €-324k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€-16k€39k€47k▲ 19.1%€-43k
Operating result€-19k-€-22k▼ 17.0%€61k€16k▼ 73.4%€-85k
Net result€-20k-€-24k▼ 17.5%€55k€8k▼ 86.5%€-90k
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 turns negative in 2024: a loss of €85k after €16k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €671k
Fixed assets
€640k ▲ 72.4%
Current assets
€32k ▼ 20.7%
Key figures and ratios
EBITDA
€-10k▼
2023 · €67k
Cash flow
€-15k▼
2023 · €58k
Solvency
-6.4%▼
2023 · 11.4%
Current ratio
0.04▼
2023 · 0.11
Quick ratio
0.02▼
2023 · 0.07
Debt / equity
-16.64▼
2023 · 7.78
ROA
-13.4%▼
2023 · 1.8%
Interest coverage
-2.06▼
2023 · 8.11
Debt
€714k▲
2023 · €364k
Debt ≤ 1 year
€714k▲
2023 · €364k
Income taxes
€0▼
2023 · €750
Staff costs
€3k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€411k€671k▲
Fixed assets21/28€371k€640k▲
Tangible fixed assets22/27€371k€640k▲
Land and buildings22-€375k
Plant, machinery and equipment23€48k€52k▲
Furniture and vehicles24€96k€213k▲
Assets under construction and advance payments27€227k€0▼
Current assets29/58€40k€32k▼
Stocks and contracts in progress3€16k€16k▲
Stocks30/36€0€16k▲
Contracts in progress37€16k€0▼
Amounts receivable within one year40/41€21k€9k▼
Trade receivables40€11k€9k▼
Other amounts receivable41€10k€0▼
Cash at bank and in hand54/58€2k€2k▼
Deferred charges and accrued income490/1€434€4k▲
Equity and liabilities
Total equity and liabilities10/49€411k€671k▲
Equity10/15€47k€-43k▼
Contributions10/11€19k€19k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14-€-90k
Amounts payable17/49€364k€714k▲
Amounts payable within one year42/48€364k€714k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€0€146k▲
Credit institutions430/8€0€146k▲
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Taxes, remuneration and social security45€8k€6k▼
Taxes450/3€8k€5k▼
Remuneration and social security454/9-€476
Other amounts payable47/48€351k€556k▲
Income statement
Code20232024
Non-recurring operating income76A€31k€24k▼
Remuneration, social security and pensions62-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€74k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€472€0▼
Gross operating margin9900€70k€-4k▼
Operating profit (loss)9901€16k€-85k▼
Financial income75/76B€313€206▼
Recurring financial income75€313€206▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€8k€-90k▼
Income taxes67/77€750€0▼
Profit (loss) for the period9904€8k€-90k▼
Profit (loss) for the period to be appropriated9905€8k€-90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-90k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
31-12
Financial
Weakest financial yearnet €-90k ▼1297%
Net result drops to €-90k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Balen · 1 establishment unit since 2017
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.
Vaartstraat 832490 BalenGround area
208 m²
Building footprint
193 m²
Parcel 13003A1220/00W004, Flanders. Linked by address, not a title deed.
1 establishment unit
Vaartstraat 83, 2490 Balen
since 20172.267.908.597
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A1220/00W004 | Flanders | 208 m² | 1 · 193 m² | - |
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.
Similar companies · same sector, comparable size
PRAESENS DEVELOPMENT
BE 0797.800.353
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TMC-SERVICE
BE 0507.856.663
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ABS
BE 0636.932.979
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POMI INVESTMENTS
BE 0463.245.670
Brugge · Eq €42k
NEW AUTOS PLUS
BE 0662.663.220
Sint-Jans-Molenbeek · Eq €40k
Of 248 companies in sector 29201 we hold annual accounts for 120. 69 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2017
Fiscal year end31-12
Activities, NACEBEL
29201Manufacture of motor vehicles, trailers and semi-trailers
41001General construction of residential buildings
29202Manufacture of motor vehicles, trailers and semi-trailers
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.