DVM Schrijnwerken

Active

Private limited companyfounded 20224 yrs activeCornelusweg(Mar) 7, 8510 Kortrijk, BelgiumKBO/BCE: BE 0784.334.080

Summary

The computed 12-month bankruptcy probability of DVM Schrijnwerken is 2.4% (moderate). The 2025 annual accounts show equity of €16k and a net result of €3k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 34% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

60 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability75▲+4

Solvency58▲+3

Growth52=

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity tight (current ratio 1.49 against 1.4 in 2024; short-term debt: 44.2% and cash: 24.3% of total assets), and 67.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-03-2026, 58 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

58 d early

2024

30 d early

2023

on the day

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today30-09-2026 close30-04-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€16k▲ 19.6%

2024 · €14k

2023: €13k 2024: €14k

2023 → 2025

Total assets

€49k▲ 7.7%

2024 · €46k

2023: €82k 2024: €46k

2023 → 2025

Net result

€3k▲ 175%

2024 · €963

2023: €10k 2024: €963

2023 → 2025

Working capital

€11k▲ 76.3%

2024 · €6k

2023: €6k 2024: €6k

2023 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Equity€13k-€14k▲ 7.7%€16k▲ 19.6%

Operating result€12k-€3k▼ 76.4%€5k▲ 63.3%

Net result€10k-€963▼ 90.4%€3k▲ 175%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 63% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €49k

34.4%

65.6%

Fixed assets €17k ▼ 32.0%

Current assets €32k ▲ 55.2%

Equity and liabilities €49k

32.9%

67.1%

Equity €16k ▲ 19.6%

Debt €33k ▲ 2.7%

Debt's share of the balance-sheet total falls from 70.3% to 67.1%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€13k▲

2024 · €11k

Cash flow

€11k▲

2024 · €9k

Current ratio

1.49▲

2024 · 1.40

Quick ratio

1.14▲

2024 · 0.98

Debt to equity

2.04▼

2024 · 2.37

ROE

16.4%▲

2024 · 7.1%

ROA

5.4%▲

2024 · 2.1%

Interest coverage

11.83▲

2024 · 7.54

Debt ≤ 1 year

€22k▲

2024 · €15k

Debt > 1 year

€11k▼

2024 · €17k

Income taxes

€894▲

2024 · €429

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Balance sheet Code20242025

Assets

Total assets20/58€46k€49k▲

Fixed assets21/28€25k€17k▼

Tangible fixed assets22/27€25k€17k▼

Plant, machinery and equipment23€5k€3k▼

Furniture and vehicles24€19k€13k▼

Current assets29/58€21k€32k▲

Stocks and contracts in progress3€6k€8k▲

Stocks30/36€5k€5k▼

Contracts in progress37€1k€3k▲

Amounts receivable within one year40/41€14k€13k▼

Trade receivables40€12k€10k▼

Other amounts receivable41€2k€3k▲

Cash at bank and in hand54/58€14€12k▲

Equity and liabilities

Total equity and liabilities10/49€46k€49k▲

Equity10/15€14k€16k▲

Contributions10/11€3k€3k=

Reserves13€10k€14k▲

Distributable reserves133€10k€14k▲

Profit (loss) carried forward14€1k€167▼

Amounts payable17/49€32k€33k▲

Amounts payable after more than one year17€17k€11k▼

Financial debts170/4€17k€11k▼

Amounts payable within one year42/48€15k€22k▲

Current portion of amounts payable after more than one year42€9k€6k▼

Trade debts44€4k€12k▲

Suppliers440/4€4k€12k▲

Advances received on contracts in progress46€0-

Taxes, remuneration and social security45€1k€2k▲

Taxes450/3€1k€2k▲

Other amounts payable47/48€91€2k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=

Other operating charges640/8€404€312▼

Gross operating margin9900€11k€13k▲

Operating profit (loss)9901€3k€5k▲

Financial income75/76B€0€0▼

Recurring financial income75€0€0▼

Financial charges65/66B€1k€1k▼

Recurring financial charges65€1k€1k▼

Profit (loss) for the period before taxes9903€1k€4k▲

Income taxes67/77€429€894▲

Profit (loss) for the period9904€963€3k▲

Profit (loss) for the period to be appropriated9905€963€3k▲

Appropriation of the result

Profit (loss) to be appropriated9906€1k€4k▲

Profit (loss) brought forward from the previous period14P€56€1k▲

Transfer to equity691/2€0€4k▲

To other reserves6921€0€4k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

Next filing, fiscal year 2026, expected by 30-04-2027

2026

03-03

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-03

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

Financial Weakest financial yearnet €963 ▼90.4%

Net result drops to €963, the lowest in the series; recovery starts the following year.

30-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Kortrijk · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Cornelusweg(Mar) 78510 Kortrijk

Ground area

374 m²

Building footprint

117 m²

Volume, LiDAR

657 m³

Parcel 34026B0112/00W000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

DVM Schrijnwerken

Cornelusweg(Mar) 7, 8510 KortrijkJoinery installation

since 20222.329.959.301

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34026B0112/00W000	Flanders	374 m²	1 · 117 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.

Similar companies · same sector, comparable size

Jemeppe-sur-Sambre · Eq €16,147

VITRERIE LETTENS

BE 0737.917.206

Gesves · Eq €16,126

Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 5,700 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-04-2022

Fiscal year end30-09

Activities, NACEBEL 2025

43320Joinery installation

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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