DVIN
DVIN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 139 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
| Equity | €8k |
| Net result | €-14k |
| Staff (FTE) | 1 |
| Better than sector | 22% |
Fragile profile, watch profitability in particular.
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 | 3.3% | 24.6% | |
| Net result | €-14k | €5k | |
| Equity | €8k | €29k | |
| Gross operating margin | €17k | €36k | |
| Total assets | €237k | €131k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-540 | €15k | €33k | €5k |
| Net profit | €-14k | €815 | €16k | €943 |
| Cash flow | €-2k | €13k | €28k | €4k |
| Staff costs | €9k | €13k | €5k | €12k |
| Income taxes | - | €683 | €3k | - |
| Dividends | - | - | - | - |
| Total assets | €237k | €123k | €145k | €137k |
| Equity | €8k | €22k | €21k | €5k |
| Debt | €230k | €101k | €123k | €132k |
| of which ≤ 1y | €34k | €10k | €30k | €22k |
| of which > 1y | €196k | €91k | €94k | €110k |
| Working capital | €133k | €30k | €22k | €11k |
| Employees (FTE) | 1.0 | 1.2 | 1.6 | 0.6 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 4.95 | 4.10 | 1.72 | 1.51 |
| Quick ratio | 4.92 | 3.85 | 1.66 | 1.43 |
| Working capital ratio | 55.9% | 24.2% | 14.8% | 8.3% |
| Solvency | 3.3% | 18.1% | 14.8% | 3.7% |
| Debt / equity | 29.24 | 4.51 | 5.75 | 25.76 |
| Long-term debt ratio | 24.96 | 4.08 | 4.36 | 21.41 |
| Interest coverage | -0.41 | 16.60 | 38.78 | 7.95 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -6.1% | 0.7% | 11.3% | 0.7% |
| ROE | -183.8% | 3.7% | 76.1% | 18.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €237k | €123k | €145k | €137k |
| Fixed assets | 21/28 | €71k | €84k | €93k | €104k |
| Tangible fixed assets | 22/27 | €71k | €84k | €93k | €104k |
| Current assets | 29/58 | €166k | €39k | €51k | €34k |
| Stocks & contracts in progress | 3 | €1k | €2k | €2k | €2k |
| Amounts receivable within one year | 40/41 | €124k | €4k | €22k | €8k |
| Cash & bank | 54/58 | €26k | €33k | €28k | €23k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €237k | €123k | €145k | €137k |
| Equity | 10/15 | €8k | €22k | €21k | €5k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k |
| Reserves | 13 | €16k | €16k | €15k | - |
| Accumulated profits (losses) | 14 | €-14k | - | - | €-1k |
| Amounts payable | 17/49 | €230k | €101k | €123k | €132k |
| Amounts payable after one year | 17 | €196k | €91k | €94k | €110k |
| Amounts payable within one year | 42/48 | €34k | €10k | €30k | €22k |
| Trade debts payable within one year | 44 | €5k | €176 | €20k | €20k |
| Income statement | |||||
| Gross operating margin | 9900 | €17k | €35k | €51k | €18k |
| Operating result | 9901 | €-13k | €2k | €21k | €2k |
| Financial income | 75 | - | €63 | €0 | €18 |
| Financial charges | 65 | €1k | €886 | €841 | €619 |
| Result before taxes | 9903 | €-14k | €1k | €20k | €943 |
| Income taxes | 67/77 | - | €683 | €3k | - |
| Net result for the period | 9904 | €-14k | €815 | €16k | €943 |
| Result to be appropriated | 9905 | €-14k | €815 | €16k | €943 |
-
Current29-12-2021 → present
2 events
- 29-12-2021 Resigned· Director
- 29-12-2021 Mandate renewed· Director
Former directors (1)
-
Former29-12-2021 → 30-09-2025
3 events
- 30-09-2025 Resigned· Director
- 29-12-2021 Resigned· Director
- 29-12-2021 Mandate renewed· Director
| NACE primary | Rental and leasing activities(77120) |
| Legal form | Private limited company(610) |
| Incorporation | 23-02-2016 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0167/00F003 | Flanders | 216 m² | 1 · 212 m² | 12.8 m · 4 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
23-12-2025 Suren Sarkisian resigns as director
- Suren Sarkisian, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Suren Sarkisian",
"address": null,
"birth_date": null
},
"effective_date": "2025-09-30",
"evidence_quote": "De algemene vergadering beslist tot het ontslag van Suren Sarkisian, met woonplaats te 3500 Hasselt Herfststraat 5, als niet-statutaire bestuurder, en dit met ingang op 30/09/2025. De algemene vergadering verleent deze persoon kwijting voor de uitoefening van diens mandaat.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0648.913.964",
"name_full": "DVIN",
"legal_form": "BV"
}
}31-12-2021 2 resigning, 2 reappointed
- SARKISIAN Yuri, Bestuurder
- SARKISIAN Suren, Bestuurder
- SARKISIAN Yuri, Bestuurder
- SARKISIAN Suren, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SARKISIAN Yuri",
"address": null,
"birth_date": null
},
"effective_date": "2021-12-29",
"evidence_quote": "De vergadering aanvaardt met ingang van heden het ontslag van de bestuurders (voorheen zaakvoerders), te weten: - de heer SARKISIAN Yuri, geboren te Tbilisi (Georgi\u00EB) op 2 februari 1977, wonende te 3500 Hasselt, Sint-Kristoffelstraat 20;",
"discharge_granted": true
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SARKISIAN Suren",
"address": null,
"birth_date": null
},
"effective_date": "2021-12-29",
"evidence_quote": "De vergadering aanvaardt met ingang van heden het ontslag van de bestuurders (voorheen zaakvoerders), te weten: - de heer SARKISIAN Suren, geboren te Jrashen Spitak (Armeni\u00EB) op 9 juli 1978, wonende te 3500 Hasselt, Sint-Servaasstraat 36.",
"discharge_granted": true
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SARKISIAN Yuri",
"address": null,
"birth_date": null
},
"effective_date": "2021-12-29",
"evidence_quote": "De vergadering herbenoemt als niet-statutaire bestuurders, te rekenen vanaf heden en voor een onbepaalde duur: - de heer SARKISIAN Yuri, voornoemd;"
},
{
"kind": "director_renew",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "SARKISIAN Suren",
"address": null,
"birth_date": null
},
"effective_date": "2021-12-29",
"evidence_quote": "De vergadering herbenoemt als niet-statutaire bestuurders, te rekenen vanaf heden en voor een onbepaalde duur: - de heer SARKISIAN Suren, voornoemd,"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0648.913.964",
"name_full": "J.S.G.",
"legal_form": "BVBA"
}
}01-10-2018 Registered office moved from Sint-Truiden to Hasselt
- Tiensesteenweg 237A, 3800 Sint-Truiden → Sint-Kristoffelstraat 20, 3500 Hasselt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Hasselt",
"region": null,
"street": "Sint-Kristoffelstraat",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "20"
},
"old_address": {
"city": "Sint-Truiden",
"region": null,
"street": "Tiensesteenweg",
"country": "BE",
"postcode": "3800",
"box_number": null,
"street_number": "237A"
},
"effective_date": "2018-09-10",
"evidence_quote": "Verplaatsen van de maatschappelijke zetel met ingang van 10/09/2018 naar de Sint-Kristoffelstraat 20 te 3500 Hasselt."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0648.913.964",
"name_full": "J.S.G.",
"legal_form": "BVBA"
}
}25-02-2016 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3800 Sint-Truiden, Tiensesteenweg 237A",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1977-02-02",
"name": "SARKISIAN Joeri Arma\u00EFsovich",
"niss": null,
"address": "3500 Hasselt, Sint-Kristoffelstraat 20"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "SARKISIAN Joeri Arma\u00EFsovich",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1978-07-09",
"name": "SARKISIAN Suren",
"niss": null,
"address": "3800 Sint-Truiden, Hoolstraat 3"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3100,
"holder_person_name": "SARKISIAN Suren",
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 9300,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 18600,
"subject_company": {
"kbo": "0648.913.964",
"name_full": "J.S.G.",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2016-02-22",
"post_incorporation_mandates": []
}| Legal nameNL | DVIN |