Result
From profit to loss in 2025, after a profit of €83,971 in 2024.
From profit to loss in 2025, after a profit of €83,971 in 2024.
Debts rose by €322,166 in 2025.
Mortgage mandates, new in 2025. 1.2 times equity · not in the 2024 accounts.
Green is investment, beige is depreciation. Land and buildings stand 102.6% higher than in 2024.
The 2019 accounts came latest: 47 days after the end of the period.
Lower net result than 88% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 30% of them on solvency, 49% on liquidity, 33% on profitability and 30% on growth.
The bankruptcy probability was computed on 10-11-2026 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).
In July 2024, 1,548 companies had the same profile as DVS Technics has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DVS Technics itself is lower: 0.3% within 12 months. It rests on far more data about DVS Technics than the profile alone.
The method was tested on the 497,448 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.
| 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 1,548 companies, not a prediction for DVS Technics. 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.
Liquidity is ample, with a current ratio of 1.59 (3.48 in 2024), above the usual 1.5. Short-term debt is 8.5% and cash 2.8% of total assets. However, 71.9% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 6 days before 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.
| Company | ||||
|---|---|---|---|---|
| DVS Technics Putte | €948,759 | €134,976 | 28.1% | - |
| LECTRO Mechelen | €810,070 | €131,794 | 59.4% | - |
| KEVAN ELEKTRO Ingelmunster | €929,627 | €123,738 | 97.7% | - |
| DB Electric Beveren-Kruibeke-Zwijndrecht | €937,252 | €159,602 | 20.7% | - |
| DBeR Overijse | €816,061 | €143,206 | 35.5% | - |
| LEDEGANCK MATTHIAS Ardooie | €827,156 | €146,479 | 22.3% | - |
| NODUSS Alken | €953,175 | €131,440 | 27.4% | - |
These companies have the same main activity as DVS Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €810,000 and €953,000, founded between 2017 and 2020.
DVS Technics files the micro format. That format states no turnover. The gross margin rose from €65,475 in 2019 to €134,976 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €400,000. Estimated: probably between €270,000 and €490,000.
Higher than 30% of 35,156 companies in 2025.
Higher than 43% of 34,529 companies in 2025.
Higher than 21% of 34,730 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
948,759 | 637,410 | 633,760 | 580,216 | 244,691 | 142,418 | 104,621 | |
21/28 |
820,137 | 436,962 | 440,212 | 483,681 | 97,835 | 26,193 | 27,600 | |
22/27 |
820,137 | 436,962 | 440,212 | 483,681 | 97,835 | 26,193 | 27,600 | |
22 |
759,747 | 375,005 | 393,860 | 412,715 | - | - | - | |
23 |
515 | 1,192 | 1,870 | - | - | 279 | 650 | |
24 |
59,875 | 60,764 | 44,483 | 70,966 | 97,835 | 25,914 | 26,949 | |
29/58 |
128,621 | 200,448 | 193,548 | 96,535 | 146,856 | 116,225 | 77,022 | |
3 |
59,753 | 68,051 | 79,083 | 9,028 | 70,116 | 33,550 | 11,381 | |
30/36 |
59,753 | 68,051 | 79,083 | 9,028 | 70,116 | 33,550 | 11,381 | |
40/41 |
37,498 | 83,812 | 43,377 | 30,744 | 29,946 | 17,492 | 9,779 | |
40 |
3,127 | 52,200 | 25,244 | 24,236 | 11,343 | - | 6,798 | |
41 |
34,370 | 31,612 | 18,134 | 6,508 | 18,604 | 17,492 | 2,980 | |
54/58 |
26,463 | 43,528 | 55,234 | 52,226 | 43,076 | 63,461 | 53,469 | |
490/1 |
4,908 | 5,057 | 15,854 | 4,537 | 3,718 | 1,722 | 2,393 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
948,759 | 637,410 | 633,760 | 580,216 | 244,691 | 142,418 | 104,621 | |
10/15 |
266,325 | 277,142 | 203,697 | 140,368 | 111,677 | 59,468 | 21,426 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 10,000 | |
100 |
- | - | - | - | - | - | 18,600 | |
101 |
- | - | - | - | - | - | 8,600 | |
13 |
247,725 | 258,542 | 185,097 | 121,768 | 93,077 | 40,868 | 11,426 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130 |
- | - | - | - | - | - | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | |
133 |
247,725 | 258,542 | 183,237 | 119,908 | 91,217 | 39,008 | 9,566 | |
14 |
0 | 0 | - | - | - | - | - | |
17/49 |
682,434 | 360,268 | 430,064 | 439,847 | 133,014 | 82,950 | 83,195 | |
17 |
599,742 | 301,476 | 337,299 | 374,863 | 73,842 | 16,829 | 23,989 | |
170/4 |
599,742 | 301,476 | 337,299 | 374,863 | 73,842 | 16,829 | 23,989 | |
42/48 |
80,842 | 57,642 | 92,765 | 64,985 | 59,171 | 66,121 | 59,206 | |
42 |
46,079 | 35,823 | 37,905 | 43,146 | 31,746 | 23,847 | 7,077 | |
43 |
30 | - | - | - | - | - | - | |
439 |
30 | - | - | - | - | - | - | |
44 |
9,449 | 9,201 | 44,201 | 9,879 | 8,028 | 26,029 | 10,529 | |
440/4 |
9,449 | 9,201 | 44,201 | 9,879 | 8,028 | 26,029 | 10,529 | |
45 |
11,439 | 1,987 | 8,096 | 10,035 | 17,474 | 15,125 | 480 | |
450/3 |
- | 0 | 480 | 9,141 | - | - | 480 | |
454/9 |
11,439 | 1,987 | 7,616 | 894 | 17,474 | 15,125 | - | |
47/48 |
13,845 | 10,631 | 2,564 | 1,924 | 1,924 | 1,120 | 41,120 | |
492/3 |
1,850 | 1,150 | - | - | - | - | - | |
| Income statement | ||||||||
9900 |
134,976 | 176,381 | 155,730 | 95,819 | 94,700 | 46,801 | 65,475 | |
62 |
20,289 | 17,599 | 20,437 | 20,285 | 11,924 | - | - | |
630 |
103,080 | 42,798 | 45,500 | 33,154 | 18,743 | 8,287 | 9,448 | |
640/8 |
7,302 | 2,555 | 1,876 | 1,694 | 1,161 | 410 | 676 | |
9901 |
4,305 | 113,429 | 87,917 | 40,687 | 62,872 | 38,104 | 55,352 | |
75/76B |
1,643 | 2,532 | 3,317 | 1,591 | 3,626 | 2,498 | 1,252 | |
75 |
1,643 | 2,532 | 3,317 | 1,591 | 3,626 | 2,498 | 1,252 | |
65/66B |
16,619 | 8,720 | 8,874 | 4,569 | 1,103 | 459 | 531 | |
65 |
16,619 | 8,720 | 8,874 | 4,569 | 1,103 | 459 | 531 | |
9903 |
-10,671 | 107,241 | 82,361 | 37,710 | 65,395 | 40,142 | 56,073 | |
67/77 |
146 | 23,270 | 17,432 | 9,019 | 11,585 | 10,700 | 3,047 | |
9904 |
-10,817 | 83,971 | 64,928 | 28,691 | 53,809 | 29,442 | 53,026 | |
9905 |
-10,817 | 83,971 | 64,928 | 28,691 | 53,809 | 29,442 | 53,026 | |
| Appropriation of the result | ||||||||
9906 |
-10,817 | 83,971 | 64,928 | 28,691 | 53,809 | 29,442 | 53,026 | |
791/2 |
10,817 | 10,526 | - | - | - | - | - | |
691/2 |
0 | 83,971 | 63,328 | 28,691 | 52,209 | 29,442 | 11,426 | |
6920 |
- | - | - | - | - | - | 1,860 | |
6921 |
0 | 83,971 | 63,328 | 28,691 | 52,209 | 29,442 | 9,566 | |
694/7 |
0 | 10,526 | 1,600 | - | 1,600 | - | 41,600 | |
694 |
0 | 10,526 | 1,600 | - | 1,600 | - | 1,600 | |
695 |
- | - | - | - | - | - | 40,000 | |
| Social balance sheet | ||||||||
9087 |
1 | 1 | 1 | - | 1 | - | - | |
Hours worked1013 |
376 | 416 | 408 | - | 382 | - | - | |
| Document | ||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-03-2026 | 2026-00067318 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00236462 | |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00432304 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00399242 | |
| 31-12-2021 | micro format | 06-07-2022 | 2022-20159169 | |
| 31-12-2020 | micro format | 24-08-2021 | 2021-52900312 | |
| 31-12-2019 | micro format | 16-09-2020 | 2020-54100189 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 107,385 | 156,227 | 133,416 | 73,841 | 81,615 | 46,391 | 64,800 | ||
| 92,263 | 126,769 | 110,428 | 61,845 | 72,553 | 37,729 | 62,474 | ||
| 486,255 | 37,085 | 2,031 | 419,000 | 90,385 | 6,881 | 37,047 | ||
| -17,065 | -11,706 | 3,008 | 9,151 | -20,386 | 9,992 | - | ||
| 47,779 | 142,806 | 100,783 | 31,550 | 87,685 | 50,104 | 17,815 | ||
| 28.1% | 43.5% | 32.1% | 24.2% | 45.6% | 41.8% | 20.5% | ||
| 1.59 | 3.48 | 2.09 | 1.49 | 2.48 | 1.76 | 1.30 | ||
| 0.85 | 2.30 | 1.23 | 1.35 | 1.30 | 1.25 | 1.11 | ||
| 2.56 | 1.30 | 2.11 | 3.13 | 1.19 | 1.39 | 3.88 | ||
| -4.1% | 30.3% | 31.9% | 20.4% | 48.2% | 49.5% | 247.5% | ||
| -1.1% | 13.2% | 10.2% | 4.9% | 22.0% | 20.7% | 50.7% | ||
| 6.46 | 17.92 | 15.04 | 16.16 | 73.96 | - | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | 1 | 2 |
| full-time | 0 | 0 | - | - |
| part-time | 1 | 1 | 1 | 2 |
| in full-time equivalents | 0.2 | 0.2 | 0.2 | 0.6 |
| 0.2 | 0.2 | 0.2 | 0.4 | |
| On a permanent contract | 1 | 1 | 1 | 1 |
| Joined | 0 | 0 | - | 2 |
| Left | - | 0 | - | 0 |
| Training hours | 0 | 0 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €331,000 | - | - | - | - |
| €331,000 | - | - | - | - | |
| Carrying value of the mortgaged assets | €759,747 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €486,255 | €37,085 | €2,031 | €419,000 | €90,385 |
| €103,080 | €42,798 | €45,500 | €33,154 | €18,743 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 96% lower than in 2024 and the lowest since 2019.
Debt's share of the balance-sheet total rises from 56.5% to 71.9%. Equity is lower and debt is higher.
DVS Technics has no parent and no holdings in its annual accounts. DVS Technics shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 20 September 2018, DVS Technics was incorporated by two natural persons, with a starting capital of €18,600.12 In 2020 the company took the name DVS Technics.3 Today the board has 2 members.4 Total assets went from €104,621 in 2019 to €948,759 in 2025 and headcount from 1 full-time equivalents in 2021 to 1 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| DIYPRO registered office Leuvensebaan 143, 2580 Putte | 20-09-2018 | 2.279.765.759 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12029B1006/00P000 | 928 m² | 1 · 157 m² | 10.0 m · 2 |
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 0704.809.918
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