DVP PROJECTS
ActiveSummary
DVP PROJECTS has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€101,728) and a net result of -€38,826. Equity is shrinking by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 8061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Other building finishing work
NACE 43350NACE 43390Holdings NACE 64200
#4 oldest company in Brasschaat, Construction sector1 site
How big
€468,089total assets 2025
- Staff
- 0.8 FTE
- Equity
- -€101,728
- Loss
- -€38,826
Turnover not published (abridged schema)
Who decides
- Parent
- DVP Invest · 97.5%
Accounts 9 d early0 of 5 deeds read
Why 44- Higher-failure-rate sector- Annual accounts: weaker financial profile- Negative equity+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability8▼-20
Solvency3▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 9.11 against 21.19 in 2024; short-term debt: 4.1% and cash: 30.6% of total assets), but equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-21.7%
Return on assets
-8.3%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€101,728
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
4 d early
2023
9 d late
2022
7 d late
2021
11 d late
2020
18 d late
2019
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 7 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
Financials
Fiscal year 2025Total assets €468,089Loss -€38,826Solvency -21.7%Liquidity 9.11
Total assets
€468,089▼ 3.4%
2019 - 2025
Net result
-€38,826▼ 160%
2019 - 2025
Equity
-€101,728▼ 61.7%
2019 - 2025
Staff (FTE)
0.8▼ 11.1%
2019 - 2025
Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 oldest company in Brasschaat, Construction sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€31,376€8,824▼ 71.9%-€21,180-€7,560▲ 64.3%-€24,379▼ 222%
Net result€124,347above the sector's middle half€3,623below the sector's middle half▼ 97.1%-€27,061below the sector's middle half-€14,905below the sector's middle half▲ 44.9%-€38,826below the sector's middle half▼ 160%
Equity-€24,559below the sector's middle half▲ 83.5%-€20,936below the sector's middle half▲ 14.8%-€47,996below the sector's middle half▼ 129%-€62,902below the sector's middle half▼ 31.1%-€101,728below the sector's middle half▼ 61.7%
Total assets€499,351within the sector's middle half▲ 47.2%€499,896within the sector's middle half▲ 0.1%€484,906within the sector's middle half▼ 3.0%€484,531within the sector's middle half▼ 0.1%€468,089within the sector's middle half▼ 3.4%
Debt€523,910▲ 7.3%€520,832▼ 0.6%€532,903▲ 2.3%€547,433▲ 2.7%€569,817▲ 4.1%
Working capital-€280,670below the sector's middle half▲ 37.5%-€269,173below the sector's middle half▲ 4.1%€213,134within the sector's middle half€211,770within the sector's middle half▼ 0.6%€157,085within the sector's middle half▼ 25.8%
Solvency-4.9%below the sector's middle half▲ 39.0pp-4.2%below the sector's middle half▲ 0.7pp-9.9%below the sector's middle half▼ 5.7pp-13.0%below the sector's middle half▼ 3.1pp-21.7%below the sector's middle half▼ 8.8pp
Current ratio0.46below the sector's middle half▲ 0.380.48below the sector's middle half▲ 0.0243.05above the sector's middle half▲ 42.5721.19above the sector's middle half▼ 21.869.11above the sector's middle half▼ 12.08
Return on assets (ROA)24.9%above the sector's middle half▲ 133.9pp0.7%below the sector's middle half▼ 24.2pp-5.6%below the sector's middle half▼ 6.3pp-3.1%below the sector's middle half▲ 2.5pp-8.3%below the sector's middle half▼ 5.2pp
Staff (FTE)1.4below the sector's middle half▼ 30.0%1below the sector's middle half▼ 28.6%0.9below the sector's middle half▼ 10.0%0.8below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24,379 in 2025 against €7,560 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €468,089
Fixed assets
€291,642 ▲ 11.2%
Current assets
€176,447 ▼ 20.6%
Equity and liabilities
Equity-€101,728
Debt€569,817
Equity is negative: debt (€569,817) exceeds the balance-sheet total (€468,089).
Key figures and ratios
Key figures and ratios
EBITDA
-€5,132▼
2024 · €11,174
Cash flow
-€19,579▼
2024 · €3,828
Interest coverage
-0.36▼
2024 · 1.57
Debt ≤ 1 year
€19,362▲
2024 · €10,490
Debt > 1 year
€535,779▲
2024 · €524,949
Income taxes
€292=
2024 · €292
Staff costs
€28,790▲
2024 · €62
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
2.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,132 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €16,455 | €3,038 | €62 | €28,790 | ▲ 46,508% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,722 | €13,687 | €15,781 | €18,733 | €19,247 | ▲ 2.7% |
| Other operating charges640/8 | - | €5,454 | €3,750 | €3,936 | €3,596 | ▼ 8.6% |
| Non-recurring operating charges66A | - | - | €587 | - | - | - |
| Gross operating margin9900 | €110,813 | €44,420 | €1,976 | €15,171 | €27,254 | ▲ 79.6% |
| Operating profit (loss)9901 | €31,376 | €8,824 | -€21,180 | -€7,560 | -€24,379 | ▼ 222% |
| Financial income75/76B | - | - | - | €44 | €0 | ▼ 99.4% |
| Recurring financial income75 | €120 | - | - | €44 | €0 | ▼ 99.4% |
| Financial charges65/66B | - | €4,903 | €5,589 | €7,097 | €14,154 | ▲ 99.4% |
| Recurring financial charges65 | €7,700 | €4,903 | €5,589 | €7,097 | €14,154 | ▲ 99.4% |
| Profit (loss) for the period before taxes9903 | €23,796 | €3,921 | -€26,769 | -€14,613 | -€38,534 | ▼ 164% |
| Income taxes67/77 | -€100,551 | €298 | €292 | €292 | €292 | = |
| Profit (loss) for the period9904 | €124,347 | €3,623 | -€27,061 | -€14,905 | -€38,826 | ▼ 160% |
| Profit (loss) for the period to be appropriated9905 | €124,347 | €3,623 | -€27,061 | -€14,905 | -€38,826 | ▼ 160% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €499,351 | €499,896 | €484,906 | €484,531 | €468,089 | ▼ 3.4% |
| Fixed assets21/28 | €264,661 | €253,974 | €266,704 | €262,271 | €291,642 | ▲ 11.2% |
| Tangible fixed assets22/27 | €264,661 | €253,974 | €266,704 | €262,271 | €291,642 | ▲ 11.2% |
| Land and buildings22 | - | €247,582 | €236,063 | €232,146 | €250,409 | ▲ 7.9% |
| Plant, machinery and equipment23 | - | - | - | - | €5,314 | - |
| Furniture and vehicles24 | - | €3,392 | €27,641 | €27,125 | €32,920 | ▲ 21.4% |
| Other tangible fixed assets26 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Current assets29/58 | €234,690 | €245,922 | €218,203 | €222,260 | €176,447 | ▼ 20.6% |
| Amounts receivable within one year40/41 | €29,593 | €9,146 | €30,578 | €12,676 | €33,107 | ▲ 161% |
| Trade receivables40 | - | €8,071 | €19,678 | €12,676 | €26,246 | ▲ 107% |
| Other amounts receivable41 | - | €1,075 | €10,900 | - | €6,861 | - |
| Cash at bank and in hand54/58 | €205,097 | €236,776 | €187,625 | €209,584 | €143,340 | ▼ 31.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €499,351 | €499,896 | €484,906 | €484,531 | €468,089 | ▼ 3.4% |
| Equity10/15 | -€24,559 | -€20,936 | -€47,996 | -€62,902 | -€101,728 | ▼ 61.7% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €375,453 | €375,453 | €375,454 | €375,454 | €375,454 | = |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | €40,591 | €40,591 | €40,591 | €40,591 | = |
| Distributable reserves133 | - | €328,665 | €328,665 | €328,665 | €328,665 | = |
| Profit (loss) carried forward14 | -€461,985 | -€458,362 | -€485,423 | -€500,329 | -€539,155 | ▼ 7.8% |
| Amounts payable17/49 | €523,910 | €520,832 | €532,903 | €547,433 | €569,817 | ▲ 4.1% |
| Amounts payable after more than one year17 | - | - | €515,869 | €524,949 | €535,779 | ▲ 2.1% |
| Financial debts170/4 | - | - | €515,869 | €524,949 | €535,779 | ▲ 2.1% |
| Amounts payable within one year42/48 | €515,360 | €515,095 | €5,069 | €10,490 | €19,362 | ▲ 84.6% |
| Trade debts44 | €7,329 | - | - | €3,344 | €3,528 | ▲ 5.5% |
| Suppliers440/4 | - | - | - | €3,344 | €3,528 | ▲ 5.5% |
| Taxes, remuneration and social security45 | - | €663 | €569 | €434 | €4,150 | ▲ 856% |
| Taxes450/3 | - | €300 | €300 | €434 | €300 | ▼ 30.9% |
| Remuneration and social security454/9 | - | €363 | €269 | - | €3,850 | - |
| Other amounts payable47/48 | - | €514,432 | €4,500 | €6,712 | €11,685 | ▲ 74.1% |
| Accrued charges and deferred income492/3 | - | €5,737 | €11,965 | €11,994 | €14,676 | ▲ 22.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €124,347 | €3,623 | -€27,061 | -€14,905 | -€38,826 | ▼ 160% |
| + Depreciation and write-downs630 | €35,722 | €13,687 | €15,781 | €18,733 | €19,247 | ▲ 2.7% |
| Operating cash flow (approximation) | €160,069 | €17,310 | -€11,280 | €3,828 | -€19,579 | ▼ 611% |
| Investment in fixed assets (approximation) | - | -€3,000 | -€28,511 | -€14,301 | -€48,618 | ▼ 240% |
| Change in cash | - | €31,679 | -€49,151 | €21,959 | -€66,243 | ▼ 402% |
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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Of 7,298 companies in this sector we hold annual accounts for 2,364. 306 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent DVP Invest · 97.5%
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 ownerChain of control
- DVP Invest
- DVP PROJECTS
Highest known parent: DVP Invest. The sources do not say who stands above it.
Owners 1
- DVP Investparent97.5%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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 directors read yet: 0 of 5 Gazette acts processed.
Timeline
13 eventsLatest 22-01-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
30-06
Financial
Liquidity times 90current ratio 43.05
Current ratio from 0.48 to 43.05; short-term debt falls from €515,095 to €5,069.
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
11-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 11 days late
2021
30-06
Financial
Back to profitnet €124,347
Net result €124,347 after 2 loss-making years.
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
30-06
Financial
Weakest financial yearnet -€369,546
Net result drops to -€369,546, the lowest in the series; recovery starts the following year.
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-12
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Public limited company · founded 14-03-1968Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPublic limited company
Founded14-03-1968
Fiscal year end30-06
Activities, NACEBEL 2025
43350Other building finishing work
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0400078973
Also
9925:BE0400078973
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2008
Ground area
5,943 m²
Building footprint
282 m²
Volume, LiDAR
1,992 m³
Parcel 11322E0407/00R000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
DVP Projects
since 2008unit no. 2.172.175.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0407/00R000 | Flanders | 5,943 m² | 1 · 282 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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