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DVS

Active Private limited companyfounded 2020active for 6 yearsMechelsesteenweg 233, 2830 WillebroekKBO/BCE: BE 0743.848.953

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €161,636 (2025)
€161,636▲ 232%
lowest -€38,079 (2024)
€86,911▲ €124,990
peak €197,050 (2025)
€197,050▲ 78.9%
€407,964▼ 14.6%
Board1 name since 2020
1 directorDE VOS Geert
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
Gross margin from €48,654 to €161,636Back to profit: €86,911Equity from €110,139 to €197,050Cash from €11,302 to €52,313

Key points

from the 2025 annual accounts

Result

€86,911 €86,911
-€38,1002024€86,9002025

Back in profit in 2025, after a loss of €38,079 in 2024.

Turnover

≈ €480,000 estimated

The micro format states no turnover.

Liquidity

2.16 was 1.13 in 2024

Short-term debts fell from €121,340 to €69,305.

Filings

6 annual accounts 4 late
AprilJune31 JulyOctober202020222024

The 2021 accounts came latest: 45 days after the end of the period.

Position in the sector

€86,911

Higher net result than 94% of companies in specialised construction. Sector median €10,189 · 35,113 companies.

Checked score

87
Excellent
Financially stronger than 63% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 1.0%▲ +0.4 percentage points vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.1%▲ +0.1 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 1.0%▼ -0.2 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.2 percentage points vs 06-2026 08-2026: 0.3%▼ -0.9 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

58+14equity 32.6% of total assets
60+14short-term debt 11.5% · cash 8.6%
87+49return on assets 14.4%

Score breakdown

raises risk
Sector: Specialised construction activities (NACE 43)
Founded in 2020
lowers risk
Size: total assets €605,014
Figures for financial year 2025 (filed on 09-07-2026)
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 34% of them on solvency, 57% on liquidity, 71% on profitability and 89% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as DVS has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of DVS itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for DVS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €17,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.16 (1.13 in 2024), above the usual 1.5. Short-term debt is 11.5% and cash 8.6% of total assets. However, 67.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €605,014
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed on 09-07-2026)
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
22 days early
2024
on the day
2023
29 days late
2022
30 days late
2021
45 days late
2020
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 19 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DV
Director, since 18-02-2020
  • DE VOS Geert 100 sharesdeed of 21-02-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0743848953
Incorporation Founding capital of €6,000, 100 shares · Founder: DE VOS Geert · Appointment: DE VOS Geert (director) · published on 21-02-2020 · Gazette deed
First establishment Mechelsesteenweg 233, Willebroek
All 14 events

Comparable companies

same main activity, similar in size and age
Company
DVS Willebroek €605,014 €161,636 32.6% -
ELEKTRO THYS Willebroek €557,169 €134,929 37.7% -
Siatec Mol €603,380 €148,966 -15.7% -
DHE Electrics Heist-op-den-Berg €592,304 €203,363 67.7% 4.1
TECHNIEK OP MAAT Heist-op-den-Berg €753,648 €163,227 36.0% 2
Vago -Elektriciteitswerken Laakdal €617,171 €124,315 22.8% -
3MADE Kontich €493,432 €154,962 32.6% 0.8

These companies have the same main activity as DVS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €493,000 and €754,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 19-02-2020Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Establishment unit
2.299.488.3342830 Willebroek, since 19-02-2020
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€161,636▲ 232%
€86,911
€197,050▲ 78.9%
€605,014▲ 2.9%
Filing
Filed on 09-07-2026, 22 days before the end of the filing period
Financials

Insights on DVS

DVS files the micro format. That format states no turnover. The gross margin rose from €7,504 in 2020 to €161,636 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 09-07-2026, 22 days before the deadline
€161,636
▲ 232%
€123,230
▲ €148,993
€86,911
▲ €124,990
€80,242
▲ 415%
32.6%
▲ 13.8 percentage points
2.16
▲ 1.03

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €480,000. Estimated: probably between €320,000 and €590,000.

Balance sheet

balance sheet total €605,014 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

32.6%

Higher than 34% of 35,125 companies in 2025.

2.16

Higher than 58% of 34,499 companies in 2025.

14.4%

Higher than 68% of 34,700 companies in 2025.

DVS Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 605,014587,901238,396248,59267,39732,880
21/28 455,467450,98643,01448,48511,41813,522
22/27 455,467450,98643,01448,48511,41813,522
22 372,780379,874----
23 54,78648,20825,44521,9652,6521,855
24 27,90122,90517,56826,5208,76711,667
29/58 149,547136,915195,383200,10755,97819,358
3 34,37745,59064,39212,266--
30/36 34,37745,59064,39212,266--
40/41 59,14680,01020,573109,76620,1138,880
40 40,64342,53520,573109,7669,3833,555
41 18,50337,475--10,7305,325
54/58 52,31311,302108,57977,35435,86510,478
490/1 3,711121,839721--
Balance sheet: equity and liabilities
10/49 605,014587,901238,396248,59267,39732,880
10/15 197,050110,139148,218128,92130,70811,324
10/11 6,0006,0006,0006,0006,0006,000
13 191,050136,894136,894117,59619,383-
133 191,050136,894136,894117,59619,383-
14 0-32,7555,3245,3245,3245,324
17/49 407,964477,76190,178119,67136,68921,555
17 338,659356,42212,49418,016--
170/4 338,659356,42212,49418,016--
42/48 69,305121,34077,663101,65536,68921,555
42 21,43530,7185,4045,314--
44 12,11753,17221,8933,04919,05015,534
440/4 12,11753,17221,8933,04919,05015,534
45 84414,20744,22387,89111,3181,980
450/3 84414,20744,22362,95311,3181,980
454/9 --024,938--
47/48 34,90823,2436,1435,4016,3214,041
492/3 -022---
Income statement
9900 161,63648,65447,056152,22733,5297,504
630 34,82972,06315,93910,8674,504397
631/4 -02,444---
640/8 3,5772,3542,0041,141259-
9901 123,230-25,76326,669140,21928,7667,107
75/76B 8891,72228000-
75 8891,72228000-
65/66B 18,23014,0391,1321,294501
65 18,23014,0391,1321,294501
9903 105,889-38,07925,817138,92528,7167,105
67/77 18,97806,51940,7129,3331,781
9904 86,911-38,07919,29898,21319,3835,324
9905 86,911-38,07919,29898,21319,3835,324
Appropriation of the result
9906 54,156-32,75524,622103,53724,7085,324
14P -32,7555,3245,3245,3245,324-
691/2 54,156019,29898,21319,383-
6921 54,156019,29898,21319,383-
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 09-07-2026 2026-00271816 PDF
31-12-2024 micro format 31-07-2025 2025-00366773 PDF
31-12-2023 micro format 29-08-2024 2024-00447275 PDF
31-12-2022 micro format 30-08-2023 2023-00390436 PDF
31-12-2021 micro format 14-09-2022 2022-20428531 PDF
31-12-2020 micro format 31-08-2021 2021-60900513 PDF

Subsidies and aid

Flemish government 2024, 1 entry, €378 awarded, €378 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
158,05946,30042,607151,08633,2707,504
121,74033,98435,236109,08023,8875,722
39,310515,87110,46747,9342,40113,919
41,011-97,27731,22541,48925,387-
80,24215,575117,72098,45219,289-2,197
32.6%18.7%62.2%51.9%45.6%34.4%
2.161.132.521.971.530.90
1.660.751.691.851.530.90
2.074.340.610.931.191.90
44.1%-34.6%13.0%76.2%63.1%47.0%
14.4%-6.5%8.1%39.5%28.8%16.2%
8.673.3037.65over 100over 100-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€39,310€515,871€10,467€47,934€2,401
€34,829€72,063€15,939€10,867€4,504

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on DVS

The operating result for 2025 is a profit of €123,230, after a loss of €25,763 in 2024. It is the highest result since 2022.

Debt's share of the balance-sheet total falls from 81.3% to 67.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director
since 18-02-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 09-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DE VOS Geert
Director
Board
Mandates as a list
  • DE VOS Geert
    • Director, from 18-02-2020 to date

See the board, name and registered office on a given date →

Control

Founder
This company
DVS
Equity €197,050
Profit €86,911 in 2025

Capital

Contribution
€6,000
Shares
100
Contribution per share
€60
Equity per share
€1,971 in 2025
Source
deed of 21-02-2020

Articles of association

deed of 21-02-2020 (in Dutch)
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
100 shares
Share issue ruleThe articles set how and by whom new shares are issued.
“Inbreng in geld met nieuwe aandelen met voorkeurrecht, vrij overdraagbaar volgens wet of artikel 9 §1 of derden met instemming helft…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Titel V - Algemene vergadering Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Shareholders

At incorporation deed of 21-02-2020 ↗

Network & group

No group

DVS has no parent and no holdings in its annual accounts. DE VOS Geert is the only director. DVS shares no director with another company.

Timeline

Timeline

14 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0743848953
Annual accounts 2025 filed NBBmicro format · 22 days before the deadline
2025
Back to profit net €86,911 The net result is €86,911, after one loss-making year.
Equity above €150,000 equity €197,050 ▲78.9% Equity rises from €110,139 to €197,050.
Annual accounts 2024 filed PDFmicro format · on the deadline day
2024
Weakest financial year net -€38,079 The net result drops to -€38,079, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Annual accounts 2022 filed PDFmicro format · 30 days late
2022
Highest result from 2020 to 2025 net €98,213 ▲407% The operating result of €140,219 and the net result of €98,213 are both a record.
Equity above €100,000 equity €128,921 ▲320% With a profit in every financial year since 2020, equity grows to €128,921.
Annual accounts 2021 filed PDFmicro format · 45 days late
2021
Annual accounts 2020 filed PDFmicro format · 31 days late
2020
IncorporationFounding capital of €6,000, 100 shares · Founder: DE VOS Geert · Appointment: DE VOS Geert (director) · published on 21-02-20204 points ▸
  • Founder, DE VOS Geert
  • Founding capital, €6,000, 100 shares
  • Registered office clause, Mechelsesteenweg 233, 2830 Willebroek (Blaasveld)
  • Director appointment, DE VOS Geert
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

First establishment Mechelsesteenweg 233, Willebroek

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DVS was incorporated on 19 February 2020 as a private limited company by one natural person, with a starting capital of €6,000.12 Since 2020, DE VOS Geert has served as director.3 Total assets rose from €32,880 in 2020 to €605,014 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-02-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0743.848.953
VAT number
BE 0743.848.953
Peppol ID
0208:0743848953
Legal form
Private limited company
Status
Active, normal situation
Founded
19-02-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Titel V - Algemene vergadering Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”
deed of 21-02-2020 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DVS in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-02-2020 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
43999 Specialised construction activities
47529 Retail trade
47910 Retail trade
82300 Organisation of conventions and trade shows
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Elektronische installatiewerken aan gebouwen en alle verrichtingen met betrekking tot de uitoefening van het beroep van elektricien; Het…”
15 activities
  1. Elektronische installatiewerken aan gebouwen en alle verrichtingen met betrekking tot de uitoefening van het beroep van elektricien.
  2. Het leveren,groot- en kleinhandel,plaatsen en herstellen van elektrische installaties en elektrische verwarming en sanitaire inrichtingen;
  3. Groot- en kleinhandel,aan- en verkoop,in- en uitvoer van alle bouwmaterialen,cement- en betonproductenvoertuigen,sound & light,tenten,tapinstallaties,stroomkasten en alle andere materialen nodig ter verwezenlijking van het doel;
  4. Uitwerking en realisatie van projecten op het gebied van de elektriciteit en elektronica,mijnbouw,chemie,machine- en werktuigbouw,industriële systeemontwikkeling en veiligheid;
  5. Organiseren van evenementen en festiviteiten;
  6. Leveren van diensten en levering en plaatsing van goederen;
  7. Onlineverkoop van alle goederen en producten;
  8. Alle activiteiten met betrekking tot karweiwerken,elektriciteitswerken,loodgieterij,bouwwerken,schrijnwerkerij,laswerken,chapewerken,dakwerken,vloeren en tegelen,isolatiewerken,graafwerken,grondwerken,plaatsen van ramen en deuren,metselwerken;
  9. Alle activiteiten met betrekking tot tuinwerken,opritten en terrassen leggen,oprichten tuinhuizen;
  10. Alle activiteiten met betrekking tot huur en verhuur opslagplaatsen;
  11. Geven en organiseren van workshops;
  12. Geven en organiseren van sportlessen;
  13. Opslag en transport van allerhande goederen;
  14. Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle onroerende goederen,zowel aan de binnenzijde als aan de buitenzijde en dit in de meest ruime zin;
  15. Het beheer en de uitbreiding voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen,zowel in het binnenland als in het buitenland,alsmede alle handelingen de daar rechtstreeks of onrechtstreeks verband mee houden of die van die aard zijn de opbrengst van haar goederen te bevorderen,zoals de aankoop en de verkoop,huur en verhuur,de ruiling of in het algemeen de ontwikkeling,de verfraaiing en de verhuring van goederen,met uitzondering van die verrichtingen die verband houden met de normale activiteiten uitgeoefend door vastgoedmakelaars;
deed of 21-02-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Mechelsesteenweg 233 registered office 2830 Willebroek 19-02-2020 2.299.488.334

Buildings and parcels at the address

Ground area
244 m²
Buildings
95 m²
Volume, LiDAR
465 m³
Tallest building
9.3 m
Buildings to scale, each on its own parcel
95 m², 9.3 m 95 m², 9.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
12004B0325/00T000244 m² 1 · 95 m² 9.3 m · 2

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0743.848.953