INVEST DV
ActiveINVEST DV has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.67M and a net result of €-279k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 9135 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-3
Solvency97=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.07 in 2024; short-term debt: 6.1% and cash: 2.5% of total assets), and 27.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.1%
Return on assets
-5.5%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-279k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
23 d early
2023
40 d early
2022
11 d early
2021
40 d early
2020
16 d early
2019
31 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.67M▼ 6.6%
2024 · €3.93M
2019: €2.05M
2020: €1.93M
2021: €2.27M
2022: €2.28M
2023: €4.20M
2024: €3.93M
2019 → 2025
Total assets
€5.09M▼ 7.3%
2024 · €5.49M
2019: €3.15M
2020: €3.03M
2021: €3.24M
2022: €3.27M
2023: €5.76M
2024: €5.49M
2019 → 2025
Net result
€-279k▼ 2.5%
2024 · €-272k
2019: €75k
2020: €-112k
2021: €324k
2022: €16k
2023: €-127k
2024: €-272k
2019 → 2025
Working capital
€322k▲ 789%
2024 · €36k
2019: €11k
2020: €-123k
2021: €271k
2022: €-395k
2023: €361k
2024: €36k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.27M-€2.28M▲ 0.7%€4.20M▲ 84.0%€3.93M▼ 6.5%€3.67M▼ 6.6%
Operating result€169k-€58k▼ 65.7%€-116k€-242k▼ 109%€-273k▼ 12.9%
Net result€324k-€16k▼ 95.0%€-127k€-272k▼ 115%€-279k▼ 2.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €273k in 2025 against €242k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.09M
Fixed assets
€4.45M▼ 9.8%
Current assets
€634k▲ 15.7%
Equity and liabilities €5.09M
Equity
€3.67M▼ 6.6%
Provisions
€87k▼ 5.5%
Debt
€1.33M▼ 9.1%
The debt ratio falls from 26.7% to 26.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €12k
Cash flow
€-19k▼
2024 · €-19k
Solvency
72.1%▲
2024 · 71.7%
Current ratio
2.03▲
2024 · 1.07
Quick ratio
0.65▲
2024 · 0.29
Debt / equity
0.36▼
2024 · 0.37
ROE
-7.6%▼
2024 · -6.9%
ROA
-5.5%▼
2024 · -5.0%
Interest coverage
-1.14▼
2024 · 0.30
Debt
€1.33M▼
2024 · €1.46M
Debt ≤ 1 year
€312k▼
2024 · €512k
Debt > 1 year
€1.01M▲
2024 · €932k
Income taxes
€146▼
2024 · €158
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.49M€5.09M▼
Fixed assets21/28€4.94M€4.45M▼
Intangible fixed assets21-€24k
Tangible fixed assets22/27€4.61M€4.37M▼
Land and buildings22€3.62M€3.44M▼
Plant, machinery and equipment23€1k€602▼
Furniture and vehicles24€11k€18k▲
Other tangible fixed assets26€974k€913k▼
Financial fixed assets28€332k€54k▼
Current assets29/58€548k€634k▲
Stocks and contracts in progress3€402k€430k▲
Stocks30/36€402k€430k▲
Amounts receivable within one year40/41€107k€65k▼
Other amounts receivable41€107k€65k▼
Cash at bank and in hand54/58€32k€129k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€5.49M€5.09M▼
Equity10/15€3.93M€3.67M▼
Contributions10/11€1.73M€1.73M=
Capital10€1.73M€1.73M=
Issued capital100€1.73M€1.73M=
Revaluation surpluses12€1.94M€1.84M▼
Reserves13€307k€310k▲
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€276k€280k▲
Profit (loss) carried forward14€-54k€-216k▼
Provisions and deferred taxes16€92k€87k▼
Deferred taxes168€92k€87k▼
Amounts payable17/49€1.46M€1.33M▼
Amounts payable after more than one year17€932k€1.01M▲
Financial debts170/4€932k€1.01M▲
Amounts payable within one year42/48€512k€312k▼
Current portion of amounts payable after more than one year42€23k€23k=
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€480k€282k▼
Accrued charges and deferred income492/3€18k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€254k€260k▲
Other operating charges640/8€13k€17k▲
Gross operating margin9900€25k€5k▼
Operating profit (loss)9901€-242k€-273k▼
Financial income75/76B€5k€4▼
Recurring financial income75€5k€4▼
Financial charges65/66B€41k€11k▼
Recurring financial charges65€41k€11k▼
Profit (loss) for the period before taxes9903€-277k€-284k▼
Transfer from deferred taxes780€5k€5k=
Income taxes67/77€158€146▼
Profit (loss) for the period9904€-272k€-279k▼
Transfer from tax-exempt reserves789€15k€15k=
Profit (loss) for the period to be appropriated9905€-257k€-264k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-257k€-318k▼
Profit (loss) brought forward from the previous period14P-€-54k
Transfer from equity791/2€203k€102k▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-279k
Net result drops to €-279k, the lowest in the series.
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Liquidity times 5current ratio 2.13
Current ratio from 0.42 to 2.13; short-term debt falls from €684k to €318k.
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €324k
Net result €324k after one loss-making year.
30-06
Financial
Equity above €2MEq €2.27M ▲17.2%
Equity rises from €1.93M to €2.27M.
15-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2019
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-12-2019
Resigned as Director
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bourgondiëstraat 79700 OudenaardeGround area
648 m²
Building footprint
648 m²
Volume, LiDAR
4,134 m³
Parcel 45035C0278/00L000, Flanders · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bourgondiëstraat 7, 9700 Oudenaarde
since 19942.068.738.004
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035C0278/00L000 | Flanders | 648 m² | 1 · 648 m² | 15.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
MESTDAGH - HARDEMAN
BE 0436.499.307
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IMMOBILIERE DE BOONDAEL
BE 0438.857.494
Brussel · Eq €3.68M
KRISS
BE 0415.583.533
Gent · Eq €3.67M
MDW PROJECTS
BE 0891.743.863
Destelbergen · Eq €3.68M
Belteinka
BE 0400.195.967
Oudenaarde · Eq €3.66M
Of 9,139 companies in sector 68201 we hold annual accounts for 6,767. 3,573 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-11-1993
Fiscal year end30-06
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.