DVtechnics Technologies
ActiveSummary
DVtechnics Technologies has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,397 and a net result of €8,332. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 43% of 1,121 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-09-2009 Normal situation
- Activity
- Pre-press and pre-media services NACE 18130and 3 others
- Joint committee
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie · annual accounts 2024
- Establishment unit
- 2.181.604.036 8310 Brugge, since 14-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 22-04-2025
Board and ownership
- GTI-InvestDirector · since 29-12-2021 · permanent representative Guy Timmerman
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €38,827
- ▼ 54.7%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €8,332
- ▼ 53.9%
- Equity
- €85,397
- ▲ 10.8%
- Total assets
- €202,025
- ▼ 33.3%
- Staff
- ≈ 0.3 FTE
- estimated
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 1 of the last 3 accounts lateSector: Printing and reproduction of recorded media (NACE 18)lowers riskFounded in 2009Liquidity: current ratio 1.63, cash €24,026Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 18, micro). It does better than 44% of them on solvency, 24% on liquidity, 49% on profitability and 66% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00494905.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is 54% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 |
|---|---|
| Average over the year, in full-time equivalents | 0.7 |
| Joined | 2 |
| Left | 2 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €50,500 | €16,145 | - | €4,051 |
| Financial fixed assets | - | €7,245 | €4,665 | - | - |
| Depreciation and write-downs of the year | €1,862 | €12,362 | €14,358 | €17,294 | €4,910 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,500 | €1,600 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | - | €38,667 | €8,159 | ▼ 78.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,728 | €23,906 | €7,425 | €1,862 | €12,362 | €14,358 | €17,294 | €4,910 | ▼ 71.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €7,150 | -€7,150 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €3,537 | €1,625 | €1,898 | €1,467 | €2,073 | ▲ 41.4% |
| Non-recurring operating charges66A | - | - | - | €122 | - | - | - | €10,664 | - |
| Gross operating margin9900 | €67,856 | €103,535 | €65,915 | €59,124 | €31,700 | €24,055 | €85,697 | €38,827 | ▼ 54.7% |
| Operating profit (loss)9901 | €31,696 | €76,805 | €57,298 | €46,452 | €24,863 | €7,799 | €28,270 | €13,021 | ▼ 53.9% |
| Financial income75/76B | - | - | - | €561 | €557 | €948 | €1,413 | €1,858 | ▲ 31.5% |
| Recurring financial income75 | €35 | €41 | €501 | €561 | €557 | €948 | €1,413 | €1,858 | ▲ 31.5% |
| Financial charges65/66B | - | - | - | €6,240 | €1,154 | €3,063 | €4,537 | €3,126 | ▼ 31.1% |
| Recurring financial charges65 | €5,030 | €7,586 | €2,927 | €6,240 | €1,154 | €3,063 | €4,537 | €3,126 | ▼ 31.1% |
| Profit (loss) for the period before taxes9903 | €26,701 | €69,260 | €54,872 | €40,774 | €24,266 | €5,684 | €25,145 | €11,753 | ▼ 53.3% |
| Income taxes67/77 | €7,855 | €17,599 | €16,318 | €11,415 | €6,889 | €1,488 | €7,072 | €3,421 | ▼ 51.6% |
| Profit (loss) for the period9904 | €18,846 | €51,661 | €38,554 | €29,359 | €17,377 | €4,196 | €18,074 | €8,332 | ▼ 53.9% |
| Profit (loss) for the period to be appropriated9905 | €18,846 | €51,661 | €38,554 | €29,359 | €17,377 | €4,196 | €18,074 | €8,332 | ▼ 53.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €241,263 | €195,270 | €217,169 | €72,902 | €221,172 | €206,659 | €302,736 | €202,025 | ▼ 33.3% |
| Fixed assets21/28 | €38,125 | €16,331 | €21,248 | €5,121 | €50,504 | €49,711 | €32,417 | €16,892 | ▼ 47.9% |
| Tangible fixed assets22/27 | €33,025 | €11,231 | €16,148 | €5,121 | €43,259 | €45,046 | €27,752 | €12,227 | ▼ 55.9% |
| Plant, machinery and equipment23 | - | - | - | €4,783 | €3,343 | €13,656 | €9,821 | €6,962 | ▼ 29.1% |
| Furniture and vehicles24 | - | - | - | €338 | €39,916 | €31,390 | €17,931 | €5,265 | ▼ 70.6% |
| Financial fixed assets28 | €5,100 | €5,100 | €5,100 | - | €7,245 | €4,665 | €4,665 | €4,665 | = |
| Current assets29/58 | €203,138 | €178,939 | €195,921 | €67,781 | €170,668 | €156,948 | €270,319 | €185,132 | ▼ 31.5% |
| Stocks and contracts in progress3 | €35,688 | €3,048 | €46,156 | €20,521 | €13,226 | €19,746 | €29,748 | €23,500 | ▼ 21.0% |
| Stocks30/36 | - | - | - | €20,521 | €13,226 | €19,746 | €29,748 | €23,500 | ▼ 21.0% |
| Amounts receivable within one year40/41 | €160,979 | €159,769 | €113,079 | €43,586 | €136,964 | €126,543 | €219,520 | €137,585 | ▼ 37.3% |
| Trade receivables40 | - | - | - | €40,070 | €51,411 | €44,092 | €101,584 | €81,588 | ▼ 19.7% |
| Other amounts receivable41 | - | - | - | €3,516 | €85,553 | €82,451 | €117,936 | €55,997 | ▼ 52.5% |
| Cash at bank and in hand54/58 | €191 | €8,380 | €22,434 | €1,412 | €19,071 | €9,679 | €18,135 | €24,026 | ▲ 32.5% |
| Deferred charges and accrued income490/1 | - | - | - | €2,261 | €1,408 | €980 | €2,916 | €21 | ▼ 99.3% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €241,263 | €195,270 | €217,169 | €72,902 | €221,172 | €206,659 | €302,736 | €202,025 | ▼ 33.3% |
| Equity10/15 | €68,166 | €110,827 | €149,381 | €37,419 | €54,796 | €58,992 | €77,065 | €85,397 | ▲ 10.8% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €61,966 | €104,627 | €143,181 | €31,219 | €48,596 | €52,792 | €70,865 | €79,197 | ▲ 11.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €29,359 | €46,736 | €50,932 | €69,005 | €77,337 | ▲ 12.1% |
| Amounts payable17/49 | €173,097 | €84,443 | €67,788 | €35,483 | €166,376 | €147,667 | €225,671 | €116,628 | ▼ 48.3% |
| Amounts payable after more than one year17 | €29,036 | €15,000 | €15,000 | - | €61,052 | €59,257 | €18,496 | €2,814 | ▼ 84.8% |
| Financial debts170/4 | - | - | - | - | €61,052 | €59,257 | €18,496 | €2,814 | ▼ 84.8% |
| Amounts payable within one year42/48 | €141,561 | €65,443 | €43,981 | €35,483 | €105,323 | €88,410 | €207,175 | €113,814 | ▼ 45.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €10,867 | €15,433 | €42,452 | €40,683 | ▼ 4.2% |
| Trade debts44 | €94,988 | €53,201 | €29,463 | €5,248 | €86,370 | €71,273 | €161,220 | €53,019 | ▼ 67.1% |
| Suppliers440/4 | - | - | - | €5,248 | €86,370 | €71,273 | €161,220 | €53,019 | ▼ 67.1% |
| Taxes, remuneration and social security45 | - | - | - | €7,733 | €8,087 | €1,704 | €3,502 | €6,145 | ▲ 75.5% |
| Taxes450/3 | - | - | - | €7,733 | €8,087 | €1,704 | €2,107 | €5,539 | ▲ 163% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €1,395 | €606 | ▼ 56.5% |
| Other amounts payable47/48 | - | - | - | €22,502 | - | - | - | €13,968 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,846 | €51,661 | €38,554 | €29,359 | €17,377 | €4,196 | €18,074 | €8,332 | ▼ 53.9% |
| + Depreciation and write-downs630 | €24,728 | €23,906 | €7,425 | €1,862 | €12,362 | €14,358 | €17,294 | €4,910 | ▼ 71.6% |
| Operating cash flow (approximation) | €43,574 | €75,567 | €45,979 | €31,221 | €29,739 | €18,554 | €35,367 | €13,242 | ▼ 62.6% |
| Investment in fixed assets (approximation) | - | -€2,112 | -€12,342 | €14,265 | -€57,745 | -€13,565 | €0 | €10,615 | - |
| Change in cash | - | €8,189 | €14,054 | -€21,022 | €17,658 | -€9,392 | €8,456 | €5,891 | ▼ 30.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as DVtechnics Technologies has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of DVtechnics Technologies itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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 10,904 companies, not a prediction for DVtechnics Technologies. 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00494905 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00323774 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00321733 | |
| 31-12-2022 | micro format | 09-10-2023 | 2023-00483795 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20453068 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-41400469 | |
| 31-12-2019 | micro format | 29-09-2020 | 2020-56500518 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59600039 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-60400393 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100100 |
Board & ownership
Directors
Board 1
Permanent representatives 1
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GTI-Invest |
|
| Danny Vermassen |
|
| Guy Timmerman |
|
Network & group
DVtechnics Technologies shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of DVtechnics Technologies. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-01
Gazette deed
Registered office moved within BruggeNew seat: 8310 Brugge (Assebroek), Karel de Ghelderestraat 40 · Previous seat: 8200 Brugge (Sint-Andries), Lieven Bauwensstraat 3, bus 2 · Resignations: Danny Vermassen (statutory director) and Guy Timmerman (director)12 points ▸
- General meeting, 21-12-2021
- Other provision, 01-01-2020
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Director resignation, Danny Vermassen (statutory director)
- Director resignation, Guy Timmerman (director (not named in the articles))
- Other provision, “kwijting ontslagnemende bestuurder voor uitoefening mandaat, algemene vergadering” (deed in Dutch)
- Director appointment, GTI-INVEST (director (not named in the articles))
- Permanent representative, Guy Timmerman
- Registered-office move, 8310 Brugge (Assebroek), Karel de Ghelderestraat 40
- Power of attorney
- Other provision, “ontledend uittreksel, Voor eensluidend ontledend uittreksel” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 8200 Brugge (Sint-Andries) until the act of 10-01-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
24 activities
- Het aankopen, verkopen en plaatsen van fotovoltaïsche zonnepanelen en zonneboilers
- Het aankopen, verkopen en plaatsen van elektrotechnische installaties aangedreven door zonne-energie of windenergie
- Het aankopen, verkopen en plaatsen van windmolens voor het opwekken van elektriciteit
- Het leveren en plaatsen van automatisatie op schuifpoorten, draaipoorten en omheining
- Het herstellen van elektrische toestellen en het plaatsen en herstellen van alle elektrische installaties voor stroomvoorziening, voor verlichting, voor lichtreclame, voor verwarming, voor klimaatregeling, voor domotica, voor communicatie, voor signalisatie, voor opname en weergave van beelden of geluiden en voor beveiliging tegen overspanning, brand of diefstal
- Het plaatsen en herstellen van buizen en leidingen voor elektriciteitsvoorziening
- De bouw, het onderhoud, de reparatie of de verbouwing van passagiersschepen, veerboten, vrachtschepen, tankers, enz., of delen ervan
- De bouw, het onderhoud, de reparatie of de verbouwing van vissersvaartuigen of delen ervan
- Het onderhoud, de reparatie en de inrichting van plezier-en sportvaartuigen
- Onderneming voor de installatie van elektrische bedrading en toebehoren
- Onderneming voor de installatie van hulpvoedingssystemen (generatoraggregaten)
- Onderneming voor de installatie van elektrische verwarmingsinstallaties
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Installatie van verlichtings- en signaleringssystemen voor wegen en spoorwegen, in havens en luchthavens
- Installatie van lichtreclames en uithangborden
- Reparatie van elektrische huishoudapparaten
- De kleinhandel in plezier- en sportvaartuigen, surfplanken, zeilen, enzovoort
- Het vaaronderricht voor zeilers en bestuurders van pleziervaartuigen
- Uitbating van een café-restaurant (taverne)
- De installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enzovoort, in hout of kunststof
- De installatie van garagepoorten, luiken, zonneblinden, traliewerk, hekken enzovoort, in metaal
- Het verven, graveren en bedrukken van metaal
- Het zetten van bijvoorbeeld tekst en beeld op film, fotografisch of normaal papier
- Drukwerk en printing op allerhande materialen zoals hout, kunststof, bouwmaterialen,...
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 0818.633.181
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31434C0467/00P003 | Flanders | 303 m² | 1 · 148 m² | 9.4 m · 2 |