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DVL

Active
Private limited companyfounded 200323 yrs activeMolenstraat 128, 9970 Kaprijke, BelgiumKBO/BCE: BE 0479.372.515
Summary

DVL has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,896 and a net result of €41. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability28▼-41
Solvency26=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
cash: 1.1% of total assets, and 98.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-02-2026, 115 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
115 d late
2024
109 d late
2023
36 d early
2022
3 d late
2021
3 d late
2020
1 d early
2019
102 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DVL was incorporated on 22 January 2003.1 Total assets fell from EUR 1.7 million in 2019 to EUR 1.3 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€18,896▲ 0.2%
2024 · €18,855
Total assets
€1.3m▼ 26.1%
2024 · €1.8m
Net result
€41▲ 379%
2024 · €9
Working capital
€667,018▼ 18.2%
2023 · €815,305
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€2,773▼ 64.2%€3,499▲ 26.2%€1,216▼ 65.3%€1,222▲ 0.5%€3,071▲ 151%
Net result€11▼ 92.2%€8▼ 32.8%€8▲ 0.1%€9▲ 10.5%€41▲ 379%
Equity€18,831▲ 0.1%€18,839=€18,847=€18,855=€18,896▲ 0.2%
Total assets€1.7m▲ 12.2%€2.0m▲ 18.2%€2.0m▲ 0.3%€1.8m▼ 8.0%€1.3m▼ 26.1%
Debt€1.7m▲ 12.4%€2.0m▲ 18.4%€2.0m▲ 0.3%€1.8m▼ 8.1%€1.3m▼ 26.4%
Working capital€478,001▲ 156%€796,264▲ 66.6%€815,305▲ 2.4%€667,018▼ 18.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2021: €2,773€2,773Net result 2021: €11€11Operating result 2022: €3,499€3,499Net result 2022: €8€8Operating result 2023: €1,216€1,216Net result 2023: €8€8Operating result 2024: €1,222€1,222Net result 2024: €9€9Operating result 2025: €3,071€3,071Net result 2025: €41€4120212022202320242025€0€1,000€2,000€3,000Operating result 2023: €1,216€1,220Net result 2023: €8€8Operating result 2024: €1,222€1,220Net result 2024: €9€9Operating result 2025: €3,071€3,070Net result 2025: €41€41202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 151% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €987,107 =
Current assets €359,207 ▼ 57.0%
Equity and liabilities €1.3m
Equity €18,896 ▲ 0.2%
Debt €1.3m ▼ 26.4%
Debt's share of the balance-sheet total falls from 99.0% to 98.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,348▼
2024 · €12,615
Cash flow
€318▼
2024 · €11,401
Debt to equity
70.25▼
2024 · 95.67
ROE
0.2%▲
2024 · 0.0%
ROA
0.0%▲
2024 · 0.0%
Interest coverage
1.10▼
2024 · 10.44
Debt > 1 year
€1.3m▼
2024 · €1.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.8m€1.3m▼
Fixed assets21/28€987,384€987,107=
Tangible fixed assets22/27€1,384€1,107▼
Land and buildings22€1,384€1,107▼
Financial fixed assets28€986,000€986,000=
Current assets29/58€835,357€359,207▼
Stocks and contracts in progress3€814,483-
Stocks30/36€814,483-
Amounts receivable within one year40/41€18,580€344,654▲
Trade receivables40€18,580€344,654▲
Cash at bank and in hand54/58€2,294€14,552▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.3m▼
Equity10/15€18,855€18,896▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860-
Reserves not available under the articles1311€1,860-
Distributable reserves133-€1,860
Profit (loss) carried forward14-€1,605-€1,564▲
Amounts payable17/49€1.8m€1.3m▼
Amounts payable after more than one year17€1.6m€1.3m▼
Financial debts170/4€1.6m€1.3m▼
Amounts payable within one year42/48€168,339-
Taxes, remuneration and social security45€318-
Taxes450/3€318-
Other amounts payable47/48€168,021-
Accrued charges and deferred income492/3€742-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,392€277▼
Other operating charges640/8€1,102€1,146▲
Gross operating margin9900€13,717€4,493▼
Operating profit (loss)9901€1,222€3,071▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€1,208€3,031▲
Recurring financial charges65€1,208€3,031▲
Profit (loss) for the period before taxes9903€14€41▲
Income taxes67/77€6-
Profit (loss) for the period9904€9€41▲
Profit (loss) for the period to be appropriated9905€9€41▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,605-€1,564▲
Profit (loss) brought forward from the previous period14P-€1,613-€1,605▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,393€11,393€11,393€11,392€277▼ 97.6%
Other operating charges640/8-€1,009€1,273€1,102€1,146▲ 4.0%
Gross operating margin9900€40,263€15,901€13,881€13,717€4,493▼ 67.2%
Operating profit (loss)9901€2,773€3,499€1,216€1,222€3,071▲ 151%
Financial income75/76B---€0€0▲ 6.7%
Recurring financial income75€0--€0€0▲ 6.7%
Financial charges65/66B-€3,447€1,194€1,208€3,031▲ 151%
Recurring financial charges65€2,607€3,447€1,194€1,208€3,031▲ 151%
Profit (loss) for the period before taxes9903€166€52€22€14€41▲ 183%
Income taxes67/77€154€44€14€6--
Profit (loss) for the period9904€11€8€8€9€41▲ 379%
Profit (loss) for the period to be appropriated9905€11€8€8€9€41▲ 379%
Line20212022202320242025Change
Assets
Total assets20/58€1.7m€2.0m€2.0m€1.8m€1.3m▼ 26.1%
Fixed assets21/28€1.0m€1.0m€998,777€987,384€987,107=
Tangible fixed assets22/27€35,562€24,169€12,777€1,384€1,107▼ 20.0%
Land and buildings22-€24,169€12,777€1,384€1,107▼ 20.0%
Financial fixed assets28€986,000€986,000€986,000€986,000€986,000=
Current assets29/58€649,957€965,768€983,036€835,357€359,207▼ 57.0%
Stocks and contracts in progress3€257,500€553,192€962,329€814,483--
Stocks30/36-€553,192€962,329€814,483--
Amounts receivable within one year40/41€391,137€409,137€18,120€18,580€344,654▲ 1,755%
Trade receivables40-€409,137€18,120€18,580€344,654▲ 1,755%
Cash at bank and in hand54/58€1,320€3,439€2,587€2,294€14,552▲ 534%
Equity and liabilities
Total equity and liabilities10/49€1.7m€2.0m€2.0m€1.8m€1.3m▼ 26.1%
Equity10/15€18,831€18,839€18,847€18,855€18,896▲ 0.2%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860--
Reserves not available under the articles1311-€1,860€1,860€1,860--
Distributable reserves133----€1,860-
Profit (loss) carried forward14-€1,629-€1,621-€1,613-€1,605-€1,564▲ 2.5%
Amounts payable17/49€1.7m€2.0m€2.0m€1.8m€1.3m▼ 26.4%
Amounts payable after more than one year17€1.5m€1.8m€1.8m€1.6m€1.3m▼ 18.8%
Financial debts170/4-€1.8m€1.8m€1.6m€1.3m▼ 18.8%
Amounts payable within one year42/48€171,955€169,504€167,731€168,339--
Trade debts44€4,994€2,316€13---
Suppliers440/4--€13---
Bills of exchange payable441-€2,316----
Taxes, remuneration and social security45-€227€227€318--
Taxes450/3-€227€227€318--
Other amounts payable47/48-€166,961€167,491€168,021--
Accrued charges and deferred income492/3-€530€530€742--
Line20212022202320242025Change
Profit (loss) for the period9904€11€8€8€9€41▲ 379%
+ Depreciation and write-downs630€11,393€11,393€11,393€11,392€277▼ 97.6%
Operating cash flow (approximation)€11,404€11,400€11,400€11,401€318▼ 97.2%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€2,119-€852-€292€12,258▲ 4,293%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2026
23-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 115 days late
2025
17-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 109 days late
2023
25-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
31-03
Financial Weakest financial yearnet €8 ▼32.8%
Net result drops to €8, the lowest in the series; recovery starts the following year.
2021
03-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
10-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 102 days late
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
12-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 163 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kaprijke · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
3,350 m²
Building footprint
414 m²
Volume, LiDAR
1,846 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DVL
Gravenstraat 27, 9970 KaprijkeNACE 7012001
since 20032.126.614.043
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43007A0375/00B000 Flanders 2,354 m² 1 · 245 m² 7.2 m · 1 fl.
43007A0104/00C000 Flanders 996 m² 1 · 169 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-03-2025 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 31-03-2025 of DVL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded22-01-2003
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.