DVX
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DVX has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,938 and a net result of €23,132. Its solvency ranks better than 57% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 26-01-2024 Normal situation
- Activity
- Site preparation NACE 43120and 2 others
- Establishment unit
- 2.355.438.231 8750 Wingene, since 26-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- €34,010
- ▲ 175%
- Turnover
- ≈ €200,000
- estimated
- Profit
- €23,132
- ▲ 163%
- Equity
- €34,938
- ▲ 196%
- Total assets
- €66,046
- ▲ 9.9%
Score breakdownraises riskFounded in 2024Size: total assets €66,046lowers riskLiquidity: current ratio 1.98, cash €34,012Equity €34,938 (52.9% of total assets)Show the evidence
Checked score
About 4 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 43, micro). It does better than 58% of them on solvency, 75% on liquidity, 92% on profitability and 96% 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. 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 2 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.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 178% higher than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as DVX: site preparation (NACE 43120). They are comparable in size and age: total assets between €57,500 and €93,500, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| DVX Wingene | 2024 | €66,046 | €34,938 | €34,010 | - | €23,132 | 2025 |
| Batisphère Construction Liège | 2024 | €65,622 | €37,088 | €30,170 | €0 | €19,793 | 2025 |
| MV PROF Jette | 2024 | €75,128 | €36,014 | €30,388 | - | €16,421 | 2026 |
| CMF La Louvière | 2024 | €57,515 | €23,930 | €28,191 | - | €20,930 | 2024 |
| Vande Ginste Louis Grond- en Afbraakwerken Wingene | 2023 | €93,485 | €39,875 | €47,354 | - | €23,166 | 2025 |
| Van Hevele Glenn Jabbeke | 2023 | €83,474 | €53,585 | €40,403 | - | €28,845 | 2025 |
| MI-TECHNICS Oostende | 2023 | €76,033 | €64,413 | €35,328 | - | €26,309 | 2024 |
They were chosen from the 3,177 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as DVX has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DVX itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,445 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 39,278 companies, not a prediction for DVX. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €367 | €904 | ▲ 146% |
| Other operating charges640/8 | €694 | €1,658 | ▲ 139% |
| Gross operating margin9900 | €12,375 | €34,010 | ▲ 175% |
| Operating profit (loss)9901 | €11,314 | €31,448 | ▲ 178% |
| Financial income75/76B | - | €0 | - |
| Recurring financial income75 | - | €0 | - |
| Financial charges65/66B | €33 | €91 | ▲ 175% |
| Recurring financial charges65 | €33 | €91 | ▲ 175% |
| Profit (loss) for the period before taxes9903 | €11,280 | €31,357 | ▲ 178% |
| Income taxes67/77 | €2,475 | €8,225 | ▲ 232% |
| Profit (loss) for the period9904 | €8,806 | €23,132 | ▲ 163% |
| Profit (loss) for the period to be appropriated9905 | €8,806 | €23,132 | ▲ 163% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €60,102 | €66,046 | ▲ 9.9% |
| Fixed assets21/28 | €3,065 | €4,511 | ▲ 47.2% |
| Tangible fixed assets22/27 | €3,065 | €4,511 | ▲ 47.2% |
| Furniture and vehicles24 | €3,065 | €4,511 | ▲ 47.2% |
| Current assets29/58 | €57,037 | €61,535 | ▲ 7.9% |
| Amounts receivable within one year40/41 | €20,176 | €22,879 | ▲ 13.4% |
| Trade receivables40 | €19,313 | €22,861 | ▲ 18.4% |
| Other amounts receivable41 | €863 | €17 | ▼ 98.0% |
| Cash at bank and in hand54/58 | €36,861 | €34,012 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | €4,644 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €60,102 | €66,046 | ▲ 9.9% |
| Equity10/15 | €11,806 | €34,938 | ▲ 196% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €8,806 | €31,938 | ▲ 263% |
| Amounts payable17/49 | €48,296 | €31,108 | ▼ 35.6% |
| Amounts payable within one year42/48 | €48,296 | €31,108 | ▼ 35.6% |
| Trade debts44 | €25,345 | €2,726 | ▼ 89.2% |
| Suppliers440/4 | €25,345 | €2,726 | ▼ 89.2% |
| Taxes, remuneration and social security45 | €18,980 | €22,314 | ▲ 17.6% |
| Taxes450/3 | €14,480 | €22,314 | ▲ 54.1% |
| Remuneration and social security454/9 | €4,500 | €0 | ▼ 100% |
| Other amounts payable47/48 | €3,972 | €6,068 | ▲ 52.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,806 | €23,132 | ▲ 163% |
| + Depreciation and write-downs630 | €367 | €904 | ▲ 146% |
| Operating cash flow (approximation) | €9,173 | €24,036 | ▲ 162% |
| Investment in fixed assets (approximation) | - | -€2,350 | - |
| Change in cash | - | -€2,849 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- Devlieghere Xavier sole founder · 100% at incorporation
Capital transactions
- 30-01-2024 Incorporation · €3,000
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen”“Onbepaalde duur, algemene vergadering”“Geen afbreuk aan regelmatigheid van samenstelling tot dat ogenblik, volbrengt mandaat van voorganger tenzij anders beslist”“Geld en/of natura, geboekt op algemene kosten, los van representatie-, reis- en verplaatsingskosten”“Alleen of gezamenlijk, handelingen en beslissingen die niet verder reiken dan behoeften van dagelijks leven, of van minder belang of…”“Bestuursorgaan kan ontslaan op elk ogenblik, zonder redenen, met onmiddellijke ingang, bestuursorgaan dat orgaan heeft aangesteld is belast…”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Aandeelhouders mogen kennis nemen van het register betreffende hun aandelen, register van aandelen op naam”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Certificaten afgegeven aan aandeelhouders die erom verzoeken, overdrachten en overgangen hebben slechts uitwerking vanaf inschrijving in het…”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Ontbinding en sluiting in één akte mogelijk indien wettelijke voorwaarden voldaan, algemene vergadering bepaalt wijze van vereffening…”
Articles of association, deed of 30-01-2024 (in Dutch)
Network & group
DVX shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DVX. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
30-01
Gazette deed
IncorporationAppointment: Devlieghere Xavier (director) · Founding capital · Founder12 points ▸
- Founding capital, €3,000
- Founder, Devlieghere Xavier
- Capital, €3,000
- Bank account, “KBC Bank”, 3000 (deed in Dutch)
- Bank account, “KBC Bank, vennootschap in oprichting” (deed in Dutch)
- Capital contribution, €3,000
- Registered office clause, “Vlaams Gewest, 8750 Wingene, Beernemsteenweg 82” (deed in Dutch)
- Director appointment, Devlieghere Xavier (director), mentioned 2 times in the deed
- Board composition, 1, “vergadering beslist aantal bestuurders op één” (deed in Dutch)
- Director in office, Devlieghere Xavier
- Incorporation, 26-01-2023
- Power of attorney, CARBOFISC BOEKHOUD- EN FISCAAL ADVIESKANTOOR
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202521 activities
- Grond- en rioleringswerken, afbraakwerken, bos- en waterwerken, reinigingswerken, vervoer van goederen langs de weg, voor rekening van derden tegen vergoeding, landbouwwerken in de meest uitgebreide zin en aanverwante activiteit
- De handel in bouwmaterialen
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan het bedrijfsleiding enz.
- Het verlenen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie
- Managementactiviteiten van holdings: het tussenkomen in het dagelijks bestuur, het vertegenwoordigen van bedrijven op grond van bezit van of controle over het vermogen/kapitaal en andere managementactiviteiten
- Het onderzoek naar de omvang van de markt voor bepaalde producten, de ontvangst en bekendheid van de producten en koopgewoonten, met het oog op de verkoopbevordering en de ontwikkeling van nieuwe producten
- Het zoeken, selecteren, coördineren, verwijzen en plaatsen van personeel ten behoeve van werkgever of werkzoeker, formulering van taakomschrijvingen; op geschiktheid testen van sollicitanten; natrekken van referenties, enz.
- Overige zakelijke dienstverlening, zo onder meer de organisatie van evenementen, congressen, geven van opleidingen, enz.
- Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis
- Het opnemen van mandaten als zaakvoerder, bestuurder en/of vereffenaar, managementactiviteiten van holdings
- Het vertegenwoordigen van bedrijven op grond van bezit of controle over het vermogen/kapitaal en andere
- Beheer van een eigen roerend en onroerend vermogen
- Het beleggen in roerende en onroerende goederen of rechten. Zij mag onder meer:
- Onroerende goederen of onroerende rechten (zoals o.m. vruchtgebruik, recht van opstal, recht van erfpacht, …) verwerven onder gelijk welke vorm, met inbegrip van de aankoop, de ruil, het in leasing nemen, het bouwen opschikken, uitrusten en opbouwen, …
- Roerende goederen (zoals onder meer aandelen, obligaties, andere financiële instrumenten, …) verwerven en beheren, evenals leningen en andere schuldvorderingen toestaan
- Ter vervulling van haar voorwerp, alle leningen afsluiten en waarborgen verlenen
- Haar onroerende goederen in hypotheek stellen en al haar andere goederen in pand geven en aval verlenen voor alle leningen, kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden
- Haar roerende en onroerende goederen of rechten vervreemden met het oog op wederbelegging en opbrengst
- I. De vennootschap heeft tot voorwerp zowel in België als in het buitenland het uitoefenen van volgende activiteiten:
- II. VOOR EIGEN REKENING
- III. BIJZONDERE BEPALINGEN
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 1005.265.537
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37018D0438/00G002 | Flanders | 533 m² | 1 · 286 m² | 9.6 m · 2 |