DVSD
ActiveSummary
DVSD has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €-3k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 45% of 305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-37
Solvency36▼-2
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four 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
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
10.6%
Return on assets
-4.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Sector 11
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 4 filingsDeviation from the deadline
2025
12 d late
2024
11 d late
2023
2 d early
2022
24 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▼ 30.9%
2024 · €11k
2022: €-128
2023: €10k
2024: €11k
2022 → 2025
Total assets
€71k▼ 16.8%
2024 · €85k
2022: €51k
2023: €61k
2024: €85k
2022 → 2025
Net result
€-3k
2024 · €1k
2022: €-1k
2023: €10k
2024: €1k
2022 → 2025
Working capital
€3k▼ 80.3%
2024 · €14k
2022: €2k
2023: €2k
2024: €14k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-128-€10k€11k▲ 11.1%€8k▼ 30.9%
Operating result€-512-€12k€10k▼ 20.7%€163▼ 98.3%
Net result€-1k-€10k€1k▼ 89.0%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 98% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€50k =
Current assets
€21k ▼ 40.7%
Equity and liabilities €71k
Equity
€8k ▼ 30.9%
Debt
€63k ▼ 14.8%
Debt's share of the balance-sheet total rises from 87.2% to 89.4%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.16▼
2024 · 1.68
Debt to equity
8.42▲
2024 · 6.82
ROE
-44.8%▼
2024 · 10.0%
ROA
-4.8%▼
2024 · 1.3%
Debt ≤ 1 year
€18k▼
2024 · €21k
Debt > 1 year
€45k▼
2024 · €53k
Income taxes
€2k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€85k€71k▼
Fixed assets21/28€50k€50k=
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Financial fixed assets28€50k€50k=
Current assets29/58€35k€21k▼
Amounts receivable after more than one year29€25k€7k▼
Other amounts receivable291€25k€7k▼
Amounts receivable within one year40/41-€5k
Other amounts receivable41-€5k
Cash at bank and in hand54/58€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€85k€71k▼
Equity10/15€11k€8k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€10k€7k▼
Amounts payable17/49€74k€63k▼
Amounts payable after more than one year17€53k€45k▼
Financial debts170/4€53k€45k▼
Amounts payable within one year42/48€21k€18k▼
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€9k€13k▲
Taxes450/3€9k€13k▲
Other amounts payable47/48€5k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€413-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€12k€1k▼
Operating profit (loss)9901€10k€163▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€8k€-1k▼
Transfer to deferred taxes680€7k-
Income taxes67/77-€2k
Profit (loss) for the period9904€1k€-3k▼
Profit (loss) for the period to be appropriated9905€1k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€7k▼
Profit (loss) brought forward from the previous period14P€9k€10k▲
The notes to these accounts (5 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-3k ▼410%
Net result drops to €-3k, the lowest in the series.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalter · 1 establishment unit since 2021
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.
Oostmolenstraat 949880 AalterGround area
742 m²
Building footprint
142 m²
Volume, LiDAR
668 m³
Parcel 44001B0505/00D002, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DVSD
since 20212.321.385.291
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0505/00D002 | Flanders | 742 m² | 1 · 142 m² | 9.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 175 EUR awarded · 130 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 93 EUR | 48 EUR |
| 2022 | 1 | 82 EUR | 82 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 274 companies in sector 11010 we hold annual accounts for 121. 64 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
11010Manufacture of beverages
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.