DGV CONSTRUCT
ActiveSummary
DGV CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-306k) and a net result of €-59k. Equity is shrinking by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-3
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 0.4 in 2024; short-term debt: 194.5% and cash: 1.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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
-94.6%
Return on assets
-18.3%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-306k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
28 d late
2023
26 d late
2022
28 d early
2021
32 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-306k▼ 23.9%
2024 · €-247k
2018: €52k
2019: €78k▲ +49.6% vs 2018
2020: €172k▲ +120% vs 2019highest in 8 years
2021: €-2.08M▼ -1311% vs 2020lowest in 8 years
2022: €15k▲ +101% vs 2021
2023: €-226k▼ -1578% vs 2022
2024: €-247k▼ -9.1% vs 2023
2025: €-306k▼ -23.9% vs 2024
2018 → 2025
Total assets
€324k▲ 103%
2024 · €160k
2018: €18.95Mhighest in 8 years
2019: €16.72M▼ -11.8% vs 2018
2020: €13.33M▼ -20.3% vs 2019
2021: €3.80M▼ -71.5% vs 2020
2022: €99k▼ -97.4% vs 2021
2023: €57k▼ -42.1% vs 2022lowest in 8 years
2024: €160k▲ +178% vs 2023
2025: €324k▲ +103% vs 2024
2018 → 2025
Net result
€-59k▼ 186%
2024 · €-21k
2018: €38k
2019: €14k▼ -64.1% vs 2018
2020: €94k▲ +585% vs 2019
2021: €-2.25M▼ -2507% vs 2020lowest in 8 years
2022: €397k▲ +118% vs 2021highest in 8 years
2023: €-242k▼ -161% vs 2022
2024: €-21k▲ +91.5% vs 2023
2025: €-59k▼ -186% vs 2024
2018 → 2025
Working capital
€-309k▼ 31.3%
2024 · €-235k
2018: €41k
2019: €58k▲ +42.4% vs 2018
2020: €153k▲ +165% vs 2019highest in 8 years
2021: €-2.09M▼ -1466% vs 2020lowest in 8 years
2022: €16k▲ +101% vs 2021
2023: €-232k▼ -1540% vs 2022
2024: €-235k▼ -1.2% vs 2023
2025: €-309k▼ -31.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2.08M-€15k€-226k€-247k▼ 9.1%€-306k▼ 23.9%
2021: €-2.08Mlowest in 5 years
2022: €15k▲ +101% vs 2021highest in 5 years
2023: €-226k▼ -1578% vs 2022
2024: €-247k▼ -9.1% vs 2023
2025: €-306k▼ -23.9% vs 2024
Operating result€-2.12M-€450k€-248k€-3k▲ 98.7%€-32k▼ 860%
2021: €-2.12Mlowest in 5 years
2022: €450k▲ +121% vs 2021highest in 5 years
2023: €-248k▼ -155% vs 2022
2024: €-3k▲ +98.7% vs 2023
2025: €-32k▼ -860% vs 2024
Net result€-2.25M-€397k€-242k€-21k▲ 91.5%€-59k▼ 186%
2021: €-2.25Mlowest in 5 years
2022: €397k▲ +118% vs 2021highest in 5 years
2023: €-242k▼ -161% vs 2022
2024: €-21k▲ +91.5% vs 2023
2025: €-59k▼ -186% vs 2024
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 €32k in 2025 against €3k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €324k
Fixed assets
€3k ▼ 33.8%
Current assets
€321k ▲ 107%
Key figures and ratios
EBITDA
€-31k▼
2024 · €-2k
Cash flow
€-58k▼
2024 · €-19k
Solvency
-94.6%▲
2024 · -154.9%
Current ratio
0.51▲
2024 · 0.40
Debt to equity
-2.06▼
2024 · -1.65
ROA
-18.3%▼
2024 · -12.9%
Interest coverage
-1.13▼
2024 · -0.11
Debt
€630k▲
2024 · €407k
Debt ≤ 1 year
€629k▲
2024 · €390k
Debt > 1 year
€270
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€160k€324k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24-€3k
Financial fixed assets28€335€335=
Current assets29/58€155k€321k▲
Amounts receivable within one year40/41€106k€316k▲
Trade receivables40€80k€305k▲
Other amounts receivable41€26k€11k▼
Cash at bank and in hand54/58€49k€5k▼
Equity and liabilities
Total equity and liabilities10/49€160k€324k▲
Equity10/15€-247k€-306k▼
Contributions10/11€1.72M€1.72M=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-1.96M€-2.02M▼
Amounts payable17/49€407k€630k▲
Amounts payable after more than one year17-€270
Other amounts payable178/9-€270
Amounts payable within one year42/48€390k€629k▲
Current portion of amounts payable after more than one year42-€50k
Trade debts44€90k€233k▲
Suppliers440/4€90k€233k▲
Other amounts payable47/48€300k€346k▲
Accrued charges and deferred income492/3€16k€98▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-48k
Other operating charges640/8€1k€48k▲
Gross operating margin9900€-582€-31k▼
Operating profit (loss)9901€-3k€-32k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€17k€27k▲
Recurring financial charges65€17k€27k▲
Profit (loss) for the period before taxes9903€-21k€-59k▼
Profit (loss) for the period9904€-21k€-59k▼
Profit (loss) for the period to be appropriated9905€-21k€-59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.96M€-2.02M▼
Profit (loss) brought forward from the previous period14P€-1.94M€-1.96M▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €563k | €44k | - | €5k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €3k | €2k | €2k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €-48k | - |
| Other operating charges640/8 | €969 | €970 | €1k | €1k | €48k | ▲ 3,698% |
| Gross operating margin9900 | €-2.12M | €455k | €-244k | €-582 | €-31k | ▼ 5,191% |
| Operating profit (loss)9901 | €-2.12M | €450k | €-248k | €-3k | €-32k | ▼ 860% |
| Financial income75/76B | €12k | €13k | €10k | - | €0 | - |
| Recurring financial income75 | €12k | €13k | €10k | - | €0 | - |
| Financial charges65/66B | €142k | €66k | €988 | €17k | €27k | ▲ 56.0% |
| Recurring financial charges65 | €142k | €66k | €988 | €17k | €27k | ▲ 56.0% |
| Profit (loss) for the period before taxes9903 | €-2.25M | €397k | €-239k | €-21k | €-59k | ▼ 186% |
| Income taxes67/77 | €14 | - | €2k | - | - | - |
| Profit (loss) for the period9904 | €-2.25M | €397k | €-242k | €-21k | €-59k | ▼ 186% |
| Profit (loss) for the period to be appropriated9905 | €-2.25M | €397k | €-242k | €-21k | €-59k | ▼ 186% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.80M | €99k | €57k | €160k | €324k | ▲ 103% |
| Fixed assets21/28 | €15k | €9k | €6k | €4k | €3k | ▼ 33.8% |
| Tangible fixed assets22/27 | €12k | €9k | €6k | €4k | €3k | ▼ 36.6% |
| Plant, machinery and equipment23 | €12k | €9k | €6k | €4k | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | - | €3k | - |
| Financial fixed assets28 | €3k | €335 | €335 | €335 | €335 | = |
| Current assets29/58 | €3.79M | €90k | €51k | €155k | €321k | ▲ 107% |
| Stocks and contracts in progress3 | €1.28M | - | - | - | - | - |
| Contracts in progress37 | €1.28M | - | - | - | - | - |
| Amounts receivable within one year40/41 | €574k | €42k | €18k | €106k | €316k | ▲ 197% |
| Trade receivables40 | €544k | €9k | €4k | €80k | €305k | ▲ 281% |
| Other amounts receivable41 | €30k | €33k | €13k | €26k | €11k | ▼ 58.1% |
| Cash at bank and in hand54/58 | €1.94M | €48k | €34k | €49k | €5k | ▼ 89.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.80M | €99k | €57k | €160k | €324k | ▲ 103% |
| Equity10/15 | €-2.08M | €15k | €-226k | €-247k | €-306k | ▼ 23.9% |
| Contributions10/11 | €19k | €1.72M | €1.72M | €1.72M | €1.72M | = |
| Capital10 | - | €1.72M | - | - | - | - |
| Issued capital100 | - | €1.72M | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-2.10M | €-1.70M | €-1.94M | €-1.96M | €-2.02M | ▼ 3.0% |
| Amounts payable17/49 | €5.88M | €84k | €284k | €407k | €630k | ▲ 54.9% |
| Amounts payable after more than one year17 | - | - | - | - | €270 | - |
| Other amounts payable178/9 | - | - | - | - | €270 | - |
| Amounts payable within one year42/48 | €5.88M | €74k | €284k | €390k | €629k | ▲ 61.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €50k | - |
| Trade debts44 | €383k | €74k | €59k | €90k | €233k | ▲ 158% |
| Suppliers440/4 | €383k | €74k | €59k | €90k | €233k | ▲ 158% |
| Taxes, remuneration and social security45 | €5.50M | - | - | - | - | - |
| Taxes450/3 | €191k | - | - | - | - | - |
| Remuneration and social security454/9 | €5.31M | - | - | - | - | - |
| Other amounts payable47/48 | - | - | €225k | €300k | €346k | ▲ 15.4% |
| Accrued charges and deferred income492/3 | - | €10k | - | €16k | €98 | ▼ 99.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2.25M | €397k | €-242k | €-21k | €-59k | ▼ 186% |
| + Depreciation and write-downs630 | €3k | €3k | €3k | €2k | €2k | = |
| Operating cash flow (approximation) | €-2.25M | €401k | €-239k | €-19k | €-58k | ▼ 201% |
| Investment in fixed assets (approximation) | - | €3k | €0 | €0 | €0 | - |
| Change in cash | - | €-1.89M | €-14k | €15k | €-44k | ▼ 391% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €397k
Net result €397k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-2.25M
Net result drops to €-2.25M, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €150kEq €172k ▲120%
3 profitable years in a row build equity to €172k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 acts for this company are 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, Antwerpen · 1 establishment unit since 2007
Ground area
369 m²
Building footprint
165 m²
Volume, LiDAR
1,382 m³
Parcel 11051B0364/00M003, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
DVG CONSTRUCT
since 20072.161.181.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051B0364/00M003 | Flanders | 369 m² | 1 · 165 m² | 11.6 m · 3 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
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BE 0775.818.470
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VULK
BE 0676.382.483
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MDG Construct
BE 0643.926.382
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,764 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
Founded14-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.