DZVM Immo
ActiveSummary
The computed 12-month bankruptcy probability of DZVM Immo is 2.2% (moderate). The 2025 annual accounts show negative equity (-€1,945) and a net result of -€15,505. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 14254 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-16
Solvency25▼-1
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.02 in 2024; short-term debt: 33.2% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.2%
Return on assets
-1.4%
Age of the figures
15 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€1,945
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
27 d late
2024
117 d late
2023
36 d late
2022
20 d late
2021
3 d early
2020
1 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 February (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€1,945
2024 · €13,560
Total assets
€1.1m▼ 4.4%
2024 · €1.2m
Net result
-€15,505▼ 2,592%
2024 · -€576
Working capital
-€372,470▼ 3.4%
2024 · -€360,392
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€289€6,129▲ 2,021%€18,140▲ 196%€11,947▼ 34.1%-€729
Net result-€733within the sector's middle half▲ 67.8%-€4,934within the sector's middle half▼ 573%€7,077within the sector's middle half-€576within the sector's middle half-€15,505below the sector's middle half▼ 2,592%
Equity€11,993below the sector's middle half▼ 5.8%€7,059below the sector's middle half▼ 41.1%€14,136within the sector's middle half▲ 100%€13,560within the sector's middle half▼ 4.1%-€1,945below the sector's middle half
Total assets€94,726below the sector's middle half▼ 5.0%€1.2mabove the sector's middle half▲ 1,139%€1.2mabove the sector's middle half▲ 4.0%€1.2mabove the sector's middle half▼ 2.6%€1.1mabove the sector's middle half▼ 4.4%
Debt€82,733▼ 4.8%€1.2m▲ 1,310%€1.2m▲ 3.4%€1.2m▼ 2.5%€1.1m▼ 3.1%
Working capital-€16,205within the sector's middle half▼ 16.2%-€378,830below the sector's middle half▼ 2,238%-€410,680below the sector's middle half▼ 8.4%-€360,392below the sector's middle half▲ 12.2%-€372,470below the sector's middle half▼ 3.4%
Solvency12.7%within the sector's middle half▼ 0.1pp0.6%below the sector's middle half▼ 12.1pp1.2%below the sector's middle half▲ 0.6pp1.1%below the sector's middle half=-0.2%below the sector's middle half▼ 1.3pp
Current ratio0.11below the sector's middle half▼ 0.010.03below the sector's middle half▼ 0.080.05below the sector's middle half▲ 0.020.02below the sector's middle half▼ 0.040.01below the sector's middle half=
Return on assets (ROA)-0.8%within the sector's middle half▲ 1.5pp-0.4%within the sector's middle half▲ 0.4pp0.6%within the sector's middle half▲ 1.0pp0.0%within the sector's middle half▼ 0.6pp-1.4%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, 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
The operating result turns negative in 2025: a loss of €729 after €11,947 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€1.1m ▼ 4.3%
Current assets
€4,992 ▼ 24.2%
Key figures and ratios
EBITDA
€63,115▼
2024 · €78,404
Cash flow
€48,339▼
2024 · €65,881
Interest coverage
4.32▼
2024 · 6.26
Debt ≤ 1 year
€377,462▲
2024 · €366,974
Debt > 1 year
€761,430▼
2024 · €808,813
Income taxes
€168
Staff costs
€1,180
A ratio outside any meaningful range has been withheld (balance sheet total €1.1m, equity -€1,945).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,171 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
1.7%
went bankrupt
2.6%
stopped otherwise
95%
still going
A further 1.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,171 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €1,180 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,245 | €73,299 | €61,976 | €66,457 | €63,844 | ▼ 3.9% |
| Other operating charges640/8 | - | €300 | €2,136 | €2,949 | €7,811 | ▲ 165% |
| Gross operating margin9900 | €6,589 | €79,728 | €82,252 | €81,353 | €72,106 | ▼ 11.4% |
| Operating profit (loss)9901 | €289 | €6,129 | €18,140 | €11,947 | -€729 | ▼ 106% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | - | - | €1 | - | - | - |
| Financial charges65/66B | - | €11,063 | €11,064 | €12,523 | €14,608 | ▲ 16.6% |
| Recurring financial charges65 | €1,022 | €11,063 | €11,064 | €12,523 | €14,608 | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | -€733 | -€4,934 | €7,077 | -€576 | -€15,337 | ▼ 2,563% |
| Income taxes67/77 | - | - | - | - | €168 | - |
| Profit (loss) for the period9904 | -€733 | -€4,934 | €7,077 | -€576 | -€15,505 | ▼ 2,592% |
| Profit (loss) for the period to be appropriated9905 | -€733 | -€4,934 | €7,077 | -€576 | -€15,505 | ▼ 2,592% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €94,726 | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 4.4% |
| Fixed assets21/28 | €92,622 | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 4.3% |
| Tangible fixed assets22/27 | €92,622 | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 4.3% |
| Land and buildings22 | - | €1.1m | €1.1m | €1.0m | €968,895 | ▼ 5.4% |
| Furniture and vehicles24 | - | €5,925 | €11,195 | €6,809 | €6,203 | ▼ 8.9% |
| Other tangible fixed assets26 | - | €17,132 | €104,413 | €151,964 | €156,857 | ▲ 3.2% |
| Current assets29/58 | €2,104 | €11,955 | €23,577 | €6,582 | €4,992 | ▼ 24.2% |
| Amounts receivable within one year40/41 | - | €186 | - | - | €218 | - |
| Trade receivables40 | - | €186 | - | - | €218 | - |
| Cash at bank and in hand54/58 | €1,388 | €11,053 | €14,552 | €6,582 | €4,774 | ▼ 27.5% |
| Deferred charges and accrued income490/1 | - | €716 | €9,025 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €94,726 | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 4.4% |
| Equity10/15 | €11,993 | €7,059 | €14,136 | €13,560 | -€1,945 | ▼ 114% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€3,007 | -€7,941 | -€864 | -€1,440 | -€16,945 | ▼ 1,077% |
| Amounts payable17/49 | €82,733 | €1.2m | €1.2m | €1.2m | €1.1m | ▼ 3.1% |
| Amounts payable after more than one year17 | €63,524 | €775,166 | €772,237 | €808,813 | €761,430 | ▼ 5.9% |
| Financial debts170/4 | - | €775,166 | €772,237 | €808,813 | €761,430 | ▼ 5.9% |
| Amounts payable within one year42/48 | €18,309 | €390,785 | €434,257 | €366,974 | €377,462 | ▲ 2.9% |
| Current portion of amounts payable after more than one year42 | - | €40,228 | €45,284 | €46,832 | €47,383 | ▲ 1.2% |
| Trade debts44 | €1,534 | €1,685 | €51,327 | €30,166 | €34,693 | ▲ 15.0% |
| Suppliers440/4 | - | €1,685 | €51,327 | €30,166 | €34,693 | ▲ 15.0% |
| Taxes, remuneration and social security45 | - | - | - | - | €10,548 | - |
| Taxes450/3 | - | - | - | - | €10,441 | - |
| Remuneration and social security454/9 | - | - | - | - | €107 | - |
| Other amounts payable47/48 | - | €348,872 | €337,646 | €289,976 | €284,838 | ▼ 1.8% |
| Accrued charges and deferred income492/3 | - | €900 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€733 | -€4,934 | €7,077 | -€576 | -€15,505 | ▼ 2,592% |
| + Depreciation and write-downs630 | €6,245 | €73,299 | €61,976 | €66,457 | €63,844 | ▼ 3.9% |
| Operating cash flow (approximation) | €5,512 | €68,365 | €69,053 | €65,881 | €48,339 | ▼ 26.6% |
| Investment in fixed assets (approximation) | - | -€1.1m | -€97,074 | -€52,169 | -€13,034 | ▲ 75.0% |
| Change in cash | - | €9,665 | €3,499 | -€7,970 | -€1,808 | ▲ 77.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
30-06
Financial
Weakest financial yearnet -€15,505
Net result drops to -€15,505, the lowest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 117 days late
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
30-06
Financial
Back to profitnet €7,077
Net result €7,077 after 3 loss-making years.
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 2 establishment units since 2019
Ground area
351 m²
Building footprint
187 m²
Volume, LiDAR
2,529 m³
2 parcels, Brussels · tallest building 20.2 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
DZVM Immo
since 20192.374.888.117
DZVM Immo
since 20192.374.888.216
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0056/00D006 | Brussels | 267 m² | 1 · 85 m² | 20.1 m · 6 fl. |
| 21013B0436/00R004 | Brussels | 84 m² | 1 · 102 m² | 19.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
CRE-ANDO
BE 0842.981.864
Overijse · Eq €13,545
GHK AUTOS
BE 0716.630.555
Thuin · Eq €13,596
MACOT
BE 0672.890.285
Froidchapelle · Eq €13,509
VIACONSTRUCT
BE 0700.533.406
Oosterzele · Eq €13,493
COMPAGNIE EUROPEENNE D'INVESTISSEMENTS ET DE GESTION
BE 0477.980.663
Gerpinnes · Eq €13,481
Of 12,042 companies in sector 68203 we hold annual accounts for 6,005. 1,754 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-09-2019
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0734878928
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.