DVO Construct
ActiveDVO Construct has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €13k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 77% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
83
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+49
Solvency100=
Growth54▲+17
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 3.37 in 2024), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.4%
Return on assets
7.9%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
17 d early
2023
7 d early
2022
17 d early
2021
10 d early
2020
30 d early
2019
27 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€203k▼ 16.9%
2023 · €244k
2021: €262k
2022: €242k
2023: €244k
2021 → 2024
EBIT margin
-4.4%▼ 6.0pp
2023 · 1.6%
2021: 3.0%
2022: 6.8%
2023: 1.6%
2021 → 2024
Net result
€13k
2024 · €-10k
2019: €10k
2020: €38k
2021: €5k
2022: €12k
2023: €2k
2024: €-10k
2019 → 2025
Working capital
€75k▼ 24.0%
2024 · €99k
2019: €43k
2020: €53k
2021: €64k
2022: €83k
2023: €96k
2024: €99k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€262k-€242k▼ 7.7%€244k▲ 0.7%€203k▼ 16.9%
Equity€117k-€124k▲ 6.2%€122k▼ 2.0%€110k▼ 9.8%€120k▲ 9.4%
Operating result€8k-€16k▲ 110%€4k▼ 76.9%€-9k€-11k▼ 27.0%
Net result€5k-€12k▲ 144%€2k▼ 84.3%€-10k€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €9k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€46k▲ 276%
Current assets
€120k▼ 14.3%
Equity and liabilities €166k
Equity
€120k▲ 9.4%
Debt
€46k▲ 7.7%
The debt ratio falls from 27.9% to 27.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€-7k▼
2024 · €5k
Cash flow
€18k▲
2024 · €4k
Solvency
72.4%▲
2024 · 72.1%
Current ratio
2.66▼
2024 · 3.37
Quick ratio
1.82▼
2024 · 2.48
Debt / equity
0.38▼
2024 · 0.39
ROE
10.9%▲
2024 · -8.9%
ROA
7.9%▲
2024 · -6.4%
Interest coverage
-9.84▼
2024 · 5.57
Debt
€46k▲
2024 · €42k
Debt ≤ 1 year
€45k▲
2024 · €42k
Income taxes
€2k▲
2024 · €-63
Staff costs
€55k▲
2024 · €50k
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€152k€166k▲
Fixed assets21/28€12k€46k▲
Tangible fixed assets22/27€12k€38k▲
Land and buildings22€7k€13k▲
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€3k€8k▲
Other tangible fixed assets26-€12k
Financial fixed assets28-€8k
Current assets29/58€140k€120k▼
Stocks and contracts in progress3€37k€38k▲
Stocks30/36€28k€28k▲
Contracts in progress37€9k€9k▲
Amounts receivable within one year40/41€23k€36k▲
Trade receivables40€22k€31k▲
Other amounts receivable41€1k€5k▲
Cash at bank and in hand54/58€75k€38k▼
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€152k€166k▲
Equity10/15€110k€120k▲
Contributions10/11€19k€19k=
Reserves13€51k€49k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133€34k€32k▼
Profit (loss) carried forward14€40k€53k▲
Amounts payable17/49€42k€46k▲
Amounts payable within one year42/48€42k€45k▲
Trade debts44€7k€15k▲
Suppliers440/4€7k€15k▲
Taxes, remuneration and social security45€12k€14k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€23k€16k▼
Accrued charges and deferred income492/3€850€590▼
Income statement
Code20242025
Turnover70€203k-
Goods, raw materials, services and sundry goods60/61€148k-
Remuneration, social security and pensions62€50k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€5k▼
Other operating charges640/8-€2k
Non-recurring operating charges66A€2k€262▼
Gross operating margin9900€56k€50k▼
Operating profit (loss)9901€-9k€-11k▼
Financial income75/76B€84€27k▲
Recurring financial income75€0€27k▲
Non-recurring financial income76B€83€27k▲
Financial charges65/66B€911€680▼
Recurring financial charges65€911€680▼
Profit (loss) for the period before taxes9903€-10k€15k▲
Income taxes67/77€-63€2k▲
Profit (loss) for the period9904€-10k€13k▲
Profit (loss) for the period to be appropriated9905€-10k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€53k▲
Profit (loss) brought forward from the previous period14P€50k€40k▼
Transfer from equity791/2€2k€2k=
Profit to be distributed694/7€2k€3k▲
Return on contributions (dividend)694€2k€2k=
Other beneficiaries697-€500
The notes to these accounts (12 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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-10k ▼606%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €38k ▲265%
Operating result €49k, net result €38k, both a record.
31-03
Financial
Equity above €100kEq €117k ▲28.1%
2 profitable years in a row build equity to €117k.
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Sint-Niklaas · 1 establishment unit since 2009
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.
Vrasenestraat 1609100 Sint-NiklaasGround area
501 m²
Building footprint
73 m²
Volume, LiDAR
424 m³
Parcel 46017A0459/00S000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DVO CONSTRUCT
since 20092.179.294.743
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46017A0459/00S000 | Flanders | 501 m² | 1 · 73 m² | 8.7 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
2025 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsLassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Similar companies · same sector, comparable size
RDGC
BE 0676.807.701
Poperinge · Eq €120k
BOURDEAUD'HUY - THIENPONT
BE 0442.679.393
Horebeke · Eq €120k
ART - CHASSIS
BE 0443.977.512
Binche · Eq €120k
Andy Pauwels
BE 0746.466.171
Wielsbeke · Eq €120k
RENOTRANSFORME
BE 0884.878.441
Waterloo · Eq €120k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 7,663 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2009
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dvo.construct@live.be