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Private limited companyfounded 200817 yrs activeHoge Kaart 171, 2930 Brasschaat, BelgiumKBO/BCE: BE 0806.831.152
Summary

DVSC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €56,053 and a net result of €11,322. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 68% of 8211 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
13 d early
2023
5 d late
2022
14 d early
2021
16 d early
2020
9 d early
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 17 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 October 2008, DVSC was incorporated.1 Total assets went from EUR 84,751 in 2018 to EUR 78,112 in 2025 and headcount from 0.9 full-time equivalents in 2018 to 45.5 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2024 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€56,053▲ 25.3%
2024 · €44,731
Net result
€11,322▲ 19.0%
2024 · €9,511
Total assets
€78,112▼ 10.1%
2024 · €86,879
Solvency
71.8%▲ 20.3pp
2024 · 51.5%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€35,237▼ 7.3%€22,677▼ 35.6%€51,103▲ 125%€17,873▼ 65.0%€20,639▲ 15.5%
Net result€23,359within the sector's middle half▼ 7.7%€12,853within the sector's middle half▼ 45.0%€35,293within the sector's middle half▲ 175%€9,511within the sector's middle half▼ 73.1%€11,322within the sector's middle half▲ 19.0%
Equity€23,965below the sector's middle half▲ 17.1%€27,541below the sector's middle half▲ 14.9%€35,220below the sector's middle half▲ 27.9%€44,731within the sector's middle half▲ 27.0%€56,053within the sector's middle half▲ 25.3%
Total assets€73,263below the sector's middle half▼ 25.2%€96,028below the sector's middle half▲ 31.1%€99,802below the sector's middle half▲ 3.9%€86,879below the sector's middle half▼ 12.9%€78,112below the sector's middle half▼ 10.1%
Debt€49,298▼ 36.4%€68,488▲ 38.9%€64,582▼ 5.7%€42,148▼ 34.7%€22,059▼ 47.7%
Working capital-€16,782within the sector's middle half▲ 12.2%-€18,522within the sector's middle half▼ 10.4%-€7,597within the sector's middle half▲ 59.0%€5,086within the sector's middle half€18,284within the sector's middle half▲ 259%
Solvency32.7%within the sector's middle half▲ 11.8pp28.7%within the sector's middle half▼ 4.0pp35.3%within the sector's middle half▲ 6.6pp51.5%within the sector's middle half▲ 16.2pp71.8%within the sector's middle half▲ 20.3pp
Current ratio0.65below the sector's middle half▼ 0.080.67below the sector's middle half▲ 0.020.86within the sector's middle half▲ 0.201.14within the sector's middle half▲ 0.281.92within the sector's middle half▲ 0.78
Return on assets (ROA)31.9%above the sector's middle half▲ 6.0pp13.4%within the sector's middle half▼ 18.5pp35.4%above the sector's middle half▲ 22.0pp10.9%within the sector's middle half▼ 24.4pp14.5%within the sector's middle half▲ 3.5pp
Staff (FTE)1▲ 42.9%1=1=45.5▲ 4,450%
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €35,237€35,237Net result 2021: €23,359€23,359Operating result 2022: €22,677€22,677Net result 2022: €12,853€12,853Operating result 2023: €51,103€51,103Net result 2023: €35,293€35,293Operating result 2024: €17,873€17,873Net result 2024: €9,511€9,511Operating result 2025: €20,639€20,639Net result 2025: €11,322€11,32220212022202320242025€0€20,000€40,000€60,000Operating result 2023: €51,103€51,100Net result 2023: €35,293€35,300Operating result 2024: €17,873€17,900Net result 2024: €9,511€9,510Operating result 2025: €20,639€20,600Net result 2025: €11,322€11,300202320242025
The operating result recovers in 2025; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,112
Fixed assets €39,938 ▼ 12.2%
Current assets €38,174 ▼ 7.8%
Equity and liabilities €78,112
Equity €56,053 ▲ 25.3%
Debt €22,059 ▼ 47.7%
Debt's share of the balance-sheet total falls from 48.5% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
20.2%▼
2024 · 21.3%
Debt ≤ 1 year
€19,890▼
2024 · €36,320
Debt > 1 year
€2,169▼
2024 · €5,828
Income taxes
€4,711▲
2024 · €4,567
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€86,879€78,112▼
Fixed assets21/28€45,472€39,938▼
Tangible fixed assets22/27€45,472€39,938▼
Land and buildings22€29,508€25,293▼
Furniture and vehicles24€732€1,445▲
Other tangible fixed assets26€15,232€13,200▼
Current assets29/58€41,406€38,174▼
Amounts receivable within one year40/41€19,551€20,439▲
Trade receivables40€16,229€15,429▼
Other amounts receivable41€3,321€5,010▲
Cash at bank and in hand54/58€18,672€14,360▼
Deferred charges and accrued income490/1€3,183€3,374▲
Equity and liabilities
Total equity and liabilities10/49€86,879€78,112▼
Equity10/15€44,731€56,053▲
Contributions10/11€18,600€18,600=
Reserves13€26,131€37,453▲
Distributable reserves133€26,131€37,453▲
Amounts payable17/49€42,148€22,059▼
Amounts payable after more than one year17€5,828€2,169▼
Financial debts170/4€5,828€2,169▼
Amounts payable within one year42/48€36,320€19,890▼
Current portion of amounts payable after more than one year42€3,585€3,659▲
Trade debts44€4,542€2,378▼
Suppliers440/4€4,542€2,378▼
Taxes, remuneration and social security45€13,277€13,136▼
Taxes450/3€13,277€13,136▼
Other amounts payable47/48€14,915€717▼
Income statement Code20242025
Remuneration, social security and pensions62€22,099-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,758€6,925▲
Other operating charges640/8€501€120▼
Gross operating margin9900€47,232€27,685▼
Operating profit (loss)9901€17,873€20,639▲
Financial income75/76B€0€750▲
Recurring financial income75€0€750▲
Financial charges65/66B€3,796€5,355▲
Recurring financial charges65€3,796€5,355▲
Profit (loss) for the period before taxes9903€14,077€16,034▲
Income taxes67/77€4,567€4,711▲
Profit (loss) for the period9904€9,511€11,322▲
Profit (loss) for the period to be appropriated9905€9,511€11,322▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,511€11,322▲
Transfer to equity691/2€9,511€11,322▲
To other reserves6921€9,511€11,322▲

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

Line20212022202320242025Change
Remuneration, social security and pensions62€34,303€34,933€37,562€22,099--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,706€5,628€6,758€6,758€6,925▲ 2.5%
Other operating charges640/8€101€102€109€501€120▼ 76.0%
Gross operating margin9900€74,348€63,339€95,533€47,232€27,685▼ 41.4%
Operating profit (loss)9901€35,237€22,677€51,103€17,873€20,639▲ 15.5%
Financial income75/76B€3€35€0€0€750▲ 1,249,183%
Recurring financial income75€3€35€0€0€750▲ 1,249,183%
Financial charges65/66B€3,946€5,501€4,510€3,796€5,355▲ 41.1%
Recurring financial charges65€3,946€5,501€4,510€3,796€5,355▲ 41.1%
Profit (loss) for the period before taxes9903€31,294€17,211€46,594€14,077€16,034▲ 13.9%
Income taxes67/77€7,935€4,358€11,301€4,567€4,711▲ 3.2%
Profit (loss) for the period9904€23,359€12,853€35,293€9,511€11,322▲ 19.0%
Profit (loss) for the period to be appropriated9905€23,359€12,853€35,293€9,511€11,322▲ 19.0%
Line20212022202320242025Change
Assets
Total assets20/58€73,263€96,028€99,802€86,879€78,112▼ 10.1%
Fixed assets21/28€42,253€58,989€52,231€45,472€39,938▼ 12.2%
Tangible fixed assets22/27€42,253€58,989€52,231€45,472€39,938▼ 12.2%
Land and buildings22€42,155€37,939€33,724€29,508€25,293▼ 14.3%
Furniture and vehicles24€98€1,754€1,243€732€1,445▲ 97.5%
Other tangible fixed assets26-€19,297€17,265€15,232€13,200▼ 13.3%
Current assets29/58€31,010€37,039€47,572€41,406€38,174▼ 7.8%
Amounts receivable within one year40/41€22,214€3,942€26,965€19,551€20,439▲ 4.5%
Trade receivables40€18,148-€20,024€16,229€15,429▼ 4.9%
Other amounts receivable41€4,065€3,942€6,941€3,321€5,010▲ 50.8%
Cash at bank and in hand54/58€7,689€31,476€15,173€18,672€14,360▼ 23.1%
Deferred charges and accrued income490/1€1,108€1,621€5,434€3,183€3,374▲ 6.0%
Equity and liabilities
Total equity and liabilities10/49€73,263€96,028€99,802€86,879€78,112▼ 10.1%
Equity10/15€23,965€27,541€35,220€44,731€56,053▲ 25.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€5,365€8,941€16,620€26,131€37,453▲ 43.3%
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Distributable reserves133€3,505€7,081€16,620€26,131€37,453▲ 43.3%
Amounts payable17/49€49,298€68,488€64,582€42,148€22,059▼ 47.7%
Amounts payable after more than one year17€1,506€12,927€9,413€5,828€2,169▼ 62.8%
Financial debts170/4€1,506€12,927€9,413€5,828€2,169▼ 62.8%
Amounts payable within one year42/48€47,792€55,561€55,169€36,320€19,890▼ 45.2%
Current portion of amounts payable after more than one year42€5,878€4,949€3,514€3,585€3,659▲ 2.0%
Trade debts44€4,186€7,829€4,507€4,542€2,378▼ 47.6%
Suppliers440/4€4,186€7,829€4,507€4,542€2,378▼ 47.6%
Taxes, remuneration and social security45€17,634€19,929€26,171€13,277€13,136▼ 1.1%
Taxes450/3€14,401€16,480€22,520€13,277€13,136▼ 1.1%
Remuneration and social security454/9€3,233€3,449€3,651---
Other amounts payable47/48€20,094€22,853€20,978€14,915€717▼ 95.2%
Line20212022202320242025Change
Profit (loss) for the period9904€23,359€12,853€35,293€9,511€11,322▲ 19.0%
+ Depreciation and write-downs630€4,706€5,628€6,758€6,758€6,925▲ 2.5%
Operating cash flow (approximation)€28,066€18,481€42,051€16,269€18,247▲ 12.2%
Investment in fixed assets (approximation)--€22,364€0€0-€1,391-
Change in cash-€23,787-€16,303€3,498-€4,312▼ 223%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €9,511 ▼73.1%
Net result drops to €9,511, the lowest in the series; recovery starts the following year.
05-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial Highest result since 2018net €35,293 ▲175%
Operating result €51,103, net result €35,293, both a record.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
334 m²
Building footprint
116 m²
Volume, LiDAR
842 m³
Parcel 11323F0209/00P000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DVSC
Hoge Kaart 171, 2930 BrasschaatHoldings
since 20082.173.892.140
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11323F0209/00P000 Flanders 334 m² 1 · 116 m² 11.1 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 24,721 companies in this sector we hold annual accounts for 19,804. 10,764 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded03-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0806831152
Also 9925:BE0806831152
Registered 06-03-2025

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

Register as of 1 October 2026 · Peppol Directory

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