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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).

Overview

Activity
Manufacture of electrical equipment
NACE 27200
1 site
Size
€64,959total assets 2025
Equity
€27,142
Profit
€27,974
Turnover not published (abridged schema)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts on time0 of 1 deed read
Why 69- Founded in 2024- Size: total assets €64,959+ Liquidity: current ratio 1.52, cash €13,820+ Equity €27,142 (41.8% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 69% of its sector peers (NACE 27, micro)
Financial strength
Strong
Solvency 67
equity 41.8% of total assets
Liquidity 63
short-term debt 31.3% · cash 21.3%
Profitability 100
return on assets 43.1%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (435 companies)
Last 24 months 08-2025: 1.8% 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 2.2%▲ +0.4 percentage points vs 09-2025 11-2025: 2.3%▲ +0.1 percentage points vs 10-2025 12-2025: 2.5%▲ +0.2 percentage points vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.8%▲ +0.3 percentage points vs 01-2026 03-2026: 2.9%▲ +0.1 percentage points vs 02-2026 04-2026: 2.7%▼ -0.2 percentage points vs 03-2026 05-2026: 2.8%▲ +0.1 percentage points vs 04-2026 06-2026: 3.1%▲ +0.3 percentage points vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.1%● unchanged vs 07-2026highest value 09-2026: 3.1%● unchanged vs 08-2026highest value 10-2026: 0.8%▼ -2.3 percentage points vs 09-2026lowest value
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.52; short-term debt: 31.3% and cash: 21.3% of total assets), but 58.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 27, micro): better than 46% on solvency, 67% on liquidity and 95% on profitability.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Founded in 2024
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.52, cash €13,820
NBB · annual accounts
raises risk · Size: total assets €64,959
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €27,142 (41.8% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

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.

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Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

DVR E-TECH was incorporated on 1 July 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

Acts, filings and financial milestones

2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded01-07-2024
Fiscal year end30-09
Activities, NACEBEL 2025
27200Manufacture of electrical equipment
33140Repair and maintenance of electrical equipment
43211General electrical installation work
43212Electrical installation work in industrial facilities
47639Retail sale of other sporting goods
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010950034
Also 9925:BE1010950034
Registered 10-06-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 8 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, Torhout · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
1,348 m²
Parcel 31523F0026/00A002, Flanders. Linked by address, not a title deed.
1 establishment unit
DVR E-TECH
Oude Schuur 15, 8820 TorhoutManufacture of electrical equipment
since 2024unit no. 2.361.004.348
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31523F0026/00A002 Flanders 1,348 m² - -
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.