Skip to content

DVR E-TECH

Active
Private limited companyfounded 20242 years activeOude Schuur 15, 8820 Torhout, BelgiumKBO/BCE: BE 1010.950.034
Summary

DVR E-TECH has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,142 and a net result of €27,974. Its solvency ranks better than 43% of 248 sector peers (NACE 27, fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · fiscal year 2025, micro schema

Equity
€27,142
Total assets
€64,959
Net result
€27,974
Working capital
€10,611

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

Balance-sheet composition
Assets €64,959
Fixed assets €34,039
Current assets €30,921
Equity and liabilities €64,959
Equity €27,142
Debt €37,818
Debt finances 58.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€50,377
Cash flow
€40,113
Current ratio
1.52
Quick ratio
0.86
Debt to equity
1.39
ROE
103.1%
ROA
43.1%
Interest coverage
30.64
Debt ≤ 1 year
€20,310
Debt > 1 year
€17,508
Income taxes
€8,626

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 47 lines
Balance sheet Code2025
Assets
Total assets20/58€64,959
Fixed assets21/28€34,039
Tangible fixed assets22/27€34,039
Plant, machinery and equipment23€1,645
Furniture and vehicles24€31,900
Other tangible fixed assets26€493
Current assets29/58€30,921
Stocks and contracts in progress3€13,423
Stocks30/36€13,423
Amounts receivable within one year40/41€1,078
Trade receivables40€693
Other amounts receivable41€386
Cash at bank and in hand54/58€13,820
Deferred charges and accrued income490/1€2,600
Equity and liabilities
Total equity and liabilities10/49€64,959
Equity10/15€27,142
Contributions10/11€2,500
Reserves13€24,600
Distributable reserves133€24,600
Profit (loss) carried forward14€42
Amounts payable17/49€37,818
Amounts payable after more than one year17€17,508
Financial debts170/4€17,508
Amounts payable within one year42/48€20,310
Current portion of amounts payable after more than one year42€9,051
Trade debts44€470
Suppliers440/4€470
Taxes, remuneration and social security45€8,826
Taxes450/3€8,826
Other amounts payable47/48€1,964
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,139
Other operating charges640/8€532
Gross operating margin9900€50,909
Operating profit (loss)9901€38,238
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€1,644
Recurring financial charges65€1,644
Profit (loss) for the period before taxes9903€36,599
Income taxes67/77€8,626
Profit (loss) for the period9904€27,974
Profit (loss) for the period to be appropriated9905€27,974
Appropriation of the result
Profit (loss) to be appropriated9906€27,974
Transfer to equity691/2€24,600
To the legal reserve6920€24,600
Profit to be distributed694/7€3,332
Return on contributions (dividend)694€3,332

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,139
Other operating charges640/8€532
Gross operating margin9900€50,909
Operating profit (loss)9901€38,238
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€1,644
Recurring financial charges65€1,644
Profit (loss) for the period before taxes9903€36,599
Income taxes67/77€8,626
Profit (loss) for the period9904€27,974
Profit (loss) for the period to be appropriated9905€27,974
Line2025
Assets
Total assets20/58€64,959
Fixed assets21/28€34,039
Tangible fixed assets22/27€34,039
Plant, machinery and equipment23€1,645
Furniture and vehicles24€31,900
Other tangible fixed assets26€493
Current assets29/58€30,921
Stocks and contracts in progress3€13,423
Stocks30/36€13,423
Amounts receivable within one year40/41€1,078
Trade receivables40€693
Other amounts receivable41€386
Cash at bank and in hand54/58€13,820
Deferred charges and accrued income490/1€2,600
Equity and liabilities
Total equity and liabilities10/49€64,959
Equity10/15€27,142
Contributions10/11€2,500
Reserves13€24,600
Distributable reserves133€24,600
Profit (loss) carried forward14€42
Amounts payable17/49€37,818
Amounts payable after more than one year17€17,508
Financial debts170/4€17,508
Amounts payable within one year42/48€20,310
Current portion of amounts payable after more than one year42€9,051
Trade debts44€470
Suppliers440/4€470
Taxes, remuneration and social security45€8,826
Taxes450/3€8,826
Other amounts payable47/48€1,964
Line2025
Profit (loss) for the period9904€27,974
+ Depreciation and write-downs630€12,139
Operating cash flow (approximation)€40,113

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

Download as CSV