Skip to content

DVS Electro

Active
Private limited companyfounded 2021active for 5 yearsZandstraat 2A, 3200 Aarschot, BelgiumKBO/BCE: BE 0773.405.348

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of DVS Electro is 2.0% (moderate). The 2025 annual accounts show negative equity (-€4,624) and a net result of €1,304. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 01-09-2021 Normal situation
Legal form
Private limited company
Registered office
Zandstraat 2A, 3200 Aarschot
Activity
Other building finishing work NACE 43350
Establishment unit
2.321.234.744 3200 Aarschot, since 01-09-2021
Financial year end
31 December
Peppol
Reachable since 31-10-2023

Who decides

Board
  • Van Stevens DriesDirector

How it is doing

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Annual accounts 2025
Gross margin
€26,373
▼ 77.2%
Turnover
≈ €160,000
estimated
Profit
€1,304
Equity
-€4,624
▲ 22.0%
Total assets
€36,622
▼ 21.9%
Staff
0.5 FTE
▼ 77.3%
2025 accounts on time
Filed on 31-07-2026at the National Bank
Why 52raises riskFounded in 2021Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.67, cash €198, halvedlowers riskSize: total assets €36,622Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 26% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 12=
equity -12.6% of total assets
Liquidity 1-5
short-term debt 112.6% · cash 0.5%
Profitability 53+15
return on assets 3.6%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 4.0% 12-2024: 4.1%▲ +0.1 percentage points vs 11-2024highest value 01-2025: 4.0%▼ -0.1 percentage points vs 12-2024 02-2025: 4.0%● unchanged vs 01-2025 03-2025: 4.0%● unchanged vs 02-2025 04-2025: 4.0%● unchanged vs 03-2025 05-2025: 3.7%▼ -0.3 percentage points vs 04-2025 06-2025: 3.7%● unchanged vs 05-2025 07-2025: 3.8%▲ +0.1 percentage points vs 06-2025 08-2025: 3.2%▼ -0.6 percentage points vs 07-2025 09-2025: 3.1%▼ -0.1 percentage points vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.1%● unchanged vs 10-2025 12-2025: 3.1%● unchanged vs 11-2025 01-2026: 3.0%▼ -0.1 percentage points vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 3.0%● unchanged vs 02-2026 04-2026: 3.0%● unchanged vs 03-2026 05-2026: 3.2%▲ +0.2 percentage points vs 04-2026 06-2026: 3.2%● unchanged vs 05-2026 07-2026: 3.2%● unchanged vs 06-2026 08-2026: 2.1%▼ -1.1 percentage points vs 07-2026 09-2026: 2.0%▼ -0.1 percentage points vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.67, compared with 0.65 in 2024, below 1; short-term debt: 112.6% and cash: 0.5% of total assets), and equity is negative.
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 43, micro): better than 6% on solvency, 2% on liquidity, 25% on profitability and 69% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €36,622
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 0.67, cash €198, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 7%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
on the day
2024
17 days early
2023
17 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 8 days after the deadline; the sector median (NACE 43) for financial year 2024 is 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 9 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
31-07-2026
Format
micro format
Reference
2026-00373164
Turnover
≈ €160,000
Estimated: probably between €110,000 and €270,000
Total assets
€36,622▼ 21.9%
2024 · €46,908
Net result
€1,304
2024 · -€16
Working capital
-€13,702▲ 25.2%
2024 · -€18,309
Trend over the years

2022 to 2025, 4 financial years

The operating result falls in 2025; 2025 is 12% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,034 2025 Net result€1,304 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€17,044--€4,194€6,871€6,034▼ 12.2%
Net result€3,970within the sector's middle half--€14,557below the sector's middle half-€16below the sector's middle half▲ 99.9%€1,304within the sector's middle half
Equity€8,645below the sector's middle half--€5,912below the sector's middle half-€5,928below the sector's middle half▼ 0.3%-€4,624below the sector's middle half▲ 22.0%
Total assets€61,773below the sector's middle half-€71,739within the sector's middle half▲ 16.1%€46,908below the sector's middle half▼ 34.6%€36,622below the sector's middle half▼ 21.9%
Debt€53,129-€77,651▲ 46.2%€52,836▼ 32.0%€41,246▼ 21.9%
Working capital-€8,309below the sector's middle half--€27,817below the sector's middle half▼ 235%-€18,309below the sector's middle half▲ 34.2%-€13,702below the sector's middle half▲ 25.2%
Solvency14.0%below the sector's middle half--8.2%below the sector's middle half▼ 22.2pp-12.6%below the sector's middle half▼ 4.4pp-12.6%below the sector's middle half=
Current ratio0.84below the sector's middle half-0.64below the sector's middle half▼ 0.200.65below the sector's middle half▲ 0.010.67below the sector's middle half▲ 0.01
Return on assets (ROA)6.4%within the sector's middle half--20.3%below the sector's middle half▼ 26.7pp0.0%below the sector's middle half▲ 20.3pp3.6%within the sector's middle half▲ 3.6pp
Staff (FTE)2.8-3.8▲ 35.7%2.2▼ 42.1%0.5▼ 77.3%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36,622
Fixed assets €9,078 ▼ 26.7%
Current assets €27,544 ▼ 20.2%
Equity and liabilities
Equity-€4,624
Debt€41,246
Equity is negative: debt (€41,246) exceeds the balance-sheet total (€36,622).
Key figures and ratios
2025 value · change against 2024
EBITDA
€17,892▲
2024 · €15,785
Cash flow
€13,162▲
2024 · €8,898
Quick ratio
0.30▲
2024 · 0.29
Interest coverage
3.63▲
2024 · 2.27
Debt ≤ 1 year
€41,246▼
2024 · €52,836
Staff costs
€7,760▼
2024 · €94,701
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 observation

Of the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89.4% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit under 5% of the balance sheet
6.1% went bankrupt
4.1% stopped otherwise
89.4% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 906 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 against 2024 · 44 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 31-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€46,908€36,622▼
Fixed assets21/28€12,381€9,078▼
Tangible fixed assets22/27€12,381€9,078▼
Plant, machinery and equipment23€4,883€3,154▼
Furniture and vehicles24€7,498€5,924▼
Current assets29/58€34,527€27,544▼
Stocks and contracts in progress3€19,159€15,168▼
Stocks30/36€19,159€15,168▼
Amounts receivable within one year40/41€12,936€11,642▼
Trade receivables40€4,103€5,423▲
Other amounts receivable41€8,833€6,219▼
Cash at bank and in hand54/58€2,271€198▼
Deferred charges and accrued income490/1€161€536▲
Equity and liabilities
Total equity and liabilities10/49€46,908€36,622▼
Equity10/15-€5,928-€4,624▲
Contributions10/11€4,675€4,675=
Reserves13€3,970€3,970=
Distributable reserves133€3,970€3,970=
Profit (loss) carried forward14-€14,573-€13,269▲
Amounts payable17/49€52,836€41,246▼
Amounts payable within one year42/48€52,836€41,246▼
Financial debts43€33,970€35,000▲
Credit institutions430/8€33,970€35,000▲
Trade debts44€2,385€4,635▲
Suppliers440/4€2,385€4,635▲
Taxes, remuneration and social security45€16,481€1,406▼
Taxes450/3€1,037€978▼
Remuneration and social security454/9€15,444€428▼
Other amounts payable47/48-€204
Income statement Code20242025
Remuneration, social security and pensions62€94,701€7,760▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,914€11,858▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1,093-
Other operating charges640/8€4,147€721▼
Gross operating margin9900€115,727€26,373▼
Operating profit (loss)9901€6,871€6,034▼
Financial income75/76B€66€201▲
Recurring financial income75€66€201▲
Financial charges65/66B€6,954€4,931▼
Recurring financial charges65€6,954€4,931▼
Profit (loss) for the period before taxes9903-€16€1,304▲
Profit (loss) for the period9904-€16€1,304▲
Profit (loss) for the period to be appropriated9905-€16€1,304▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,573-€13,269▲
Profit (loss) brought forward from the previous period14P-€14,557-€14,573▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line2022202320242025Change
Remuneration, social security and pensions62€166,012€145,580€94,701€7,760▼ 91.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,853€7,240€8,914€11,858▲ 33.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€1,093--
Other operating charges640/8€920€1,464€4,147€721▼ 82.6%
Non-recurring operating charges66A€4,129----
Gross operating margin9900€189,959€150,090€115,727€26,373▼ 77.2%
Operating profit (loss)9901€17,044-€4,194€6,871€6,034▼ 12.2%
Financial income75/76B€640€78€66€201▲ 204%
Recurring financial income75€640€78€66€201▲ 204%
Financial charges65/66B€11,645€10,442€6,954€4,931▼ 29.1%
Recurring financial charges65€11,645€10,442€6,954€4,931▼ 29.1%
Profit (loss) for the period before taxes9903€6,039-€14,557-€16€1,304-
Income taxes67/77€2,069----
Profit (loss) for the period9904€3,970-€14,557-€16€1,304-
Profit (loss) for the period to be appropriated9905€3,970-€14,557-€16€1,304-
Line2022202320242025Change
Assets
Total assets20/58€61,773€71,739€46,908€36,622▼ 21.9%
Fixed assets21/28€16,954€21,905€12,381€9,078▼ 26.7%
Tangible fixed assets22/27€16,954€21,905€12,381€9,078▼ 26.7%
Plant, machinery and equipment23€6,168€6,298€4,883€3,154▼ 35.4%
Furniture and vehicles24€10,786€15,607€7,498€5,924▼ 21.0%
Current assets29/58€44,820€49,834€34,527€27,544▼ 20.2%
Stocks and contracts in progress3€26,519€18,874€19,159€15,168▼ 20.8%
Stocks30/36€26,519€18,874€19,159€15,168▼ 20.8%
Amounts receivable within one year40/41€15,235€28,705€12,936€11,642▼ 10.0%
Trade receivables40€7,076€12,794€4,103€5,423▲ 32.2%
Other amounts receivable41€8,159€15,911€8,833€6,219▼ 29.6%
Cash at bank and in hand54/58€3,065€1,228€2,271€198▼ 91.3%
Deferred charges and accrued income490/1-€1,027€161€536▲ 234%
Equity and liabilities
Total equity and liabilities10/49€61,773€71,739€46,908€36,622▼ 21.9%
Equity10/15€8,645-€5,912-€5,928-€4,624▲ 22.0%
Contributions10/11€4,675€4,675€4,675€4,675=
Reserves13€3,970€3,970€3,970€3,970=
Distributable reserves133€3,970€3,970€3,970€3,970=
Profit (loss) carried forward14--€14,557-€14,573-€13,269▲ 8.9%
Amounts payable17/49€53,129€77,651€52,836€41,246▼ 21.9%
Amounts payable within one year42/48€53,129€77,651€52,836€41,246▼ 21.9%
Financial debts43€25,863€31,000€33,970€35,000▲ 3.0%
Credit institutions430/8€25,863€31,000€33,970€35,000▲ 3.0%
Trade debts44€9,757€29,180€2,385€4,635▲ 94.4%
Suppliers440/4€9,757€29,180€2,385€4,635▲ 94.4%
Taxes, remuneration and social security45€17,321€17,283€16,481€1,406▼ 91.5%
Taxes450/3€3,870€2,189€1,037€978▼ 5.7%
Remuneration and social security454/9€13,451€15,094€15,444€428▼ 97.2%
Other amounts payable47/48€188€188-€204-
Line2022202320242025Change
Profit (loss) for the period9904€3,970-€14,557-€16€1,304-
+ Depreciation and write-downs630€1,853€7,240€8,914€11,858▲ 33.0%
Operating cash flow (approximation)€5,823-€7,317€8,898€13,162▲ 47.9%
Investment in fixed assets (approximation)--€12,191€610-€8,555-
Change in cash--€1,837€1,043-€2,073-

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

Filings with the National Bank (4)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00373164 NBB
31-12-2024 micro format 14-07-2025 2025-00291783 PDF
31-12-2023 micro format 17-08-2024 2024-00368902 PDF
31-12-2022 micro format 31-08-2023 2023-00438671 PDF

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 7,262 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,408. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 7 entries · €18,607 awarded · €18,607 paid
Year Entries AwardedPaid
2025 1 €1,000€1,000
2024 1 €2,385€2,385
2023 3 €7,063€7,213
2022 2 €8,159€8,009
Schemes
3 entries · €16,514 · €16,514 paid · Departement Werk en Sociale Economie
1 entry · €1,000 · €1,000 paid · Departement Werk, Economie, Wetenschap, Innovatie en Sociale Economie
2 entries · €593 · €593 paid · Fonds voor Innoveren en Ondernemen
1 entry · €500 · €500 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director
Van Stevens Dries
Director · in the 2025 annual accounts, filed on 31-07-2026
Current

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Van Stevens Dries
  • Director, since before 31-12-2025
See the board, name and registered office on a given date →

Owners and capital

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

DVS Electro was incorporated on 1 September 2021 as a private limited company.1 Total assets fell from €61,773 in 2022 to €36,622 in 2025 and headcount from 2.8 to 0.5 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filedNBB
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €1,304
Net result €1,304 after 2 loss-making years.
14-07
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
17-08
NBB filing Annual accounts filedPDF
financial year 2023 · micro format · 17 days late
2023
31-12
Financial Weakest financial yearnet -€14,557
Net result drops to -€14,557, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filedPDF
financial year 2022 · micro format · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

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

Register details

Who it is

KBO record
Name DVS Electro in Dutch
Enterprise number 0773.405.348
Legal form Private limited company
Status Active, normale toestand
Founded 01-09-2021
Type Legal entity

Where it is based

Registered office Zandstraat 2A, 3200 Aarschot, Belgium
Establishments 1 establishment unit since 2021
E-mail info@dvselectro.be

What it does

NACEBEL 2025
43350 Other building finishing work main activity

Invoicing and payment

VAT number BE 0773.405.348
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0773405348
Also 9925:BE0773405348
Registered 31-10-2023

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

Register as of 1 November 2026 · Peppol Directory

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, with enterprise number 0773.405.348

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Dual-learning approval

2 live approvals · 1 ended
Elektrische installaties duaal (so)
approved · 2022 to 2027
Elektrotechnisch installateur (vwo)
approved · 2022 to 2027
Show 1 ended approval
Installateur gebouwenautomatisering duaal (so)
discontinued · 2024 to 2025

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
1 establishment unit
DVS Electro
Zandstraat 2A, 3200 AarschotOther building finishing work
since 2021unit no. 2.321.234.744

Buildings and parcels at the address

Ground area
1,012 m²
Building footprint
110 m²
Building volume
594 m³
Parcel 24662E0151/00M004, Flanders · tallest building 8.2 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
24662E0151/00M004 Flanders 1,012 m² 1 · 110 m² 8.2 m · 2