Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DOVESCO INVESTERINGSVEHIKEL II from Gent, company number BE0685601641, closed financial year 2025 with a result of € -17.5 million after tax. For that financial year DOVESCO INVESTERINGSVEHIKEL II recorded revenue of € 89,858 and equity of € 59.6 million. Compared with financial year 2024, the result moved from € 529,188 to € -17.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 59.6 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17.5 million
▼ still € 529,188 profit in 2024
Profit after tax over the fiscal year.
€ 119,960
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 32.1 million.
People and assets in 2025
€ 813
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
▼ 77% vs 2024
Loans from banks and other lenders, long and short.
€ 1.5 million
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 372 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 785,397 | € 332,513 | € 36,658 | € 89,858 | ▲ 145% |
| Profit after taxes | € -2,953,047 | € 2,180,305 | € 529,188 | € -17,531,691 | ▼ € 18.1 million |
| Equity | € 74,402,224 | € 76,582,528 | € 77,111,716 | € 59,580,025 | ▼ 23% |
| Total debts | € 31,764,860 | € 31,363,876 | € 31,502,335 | € 8,538,979 | ▼ 73% |
| Cash | € 31,711,148 | € 13,774,012 | € 2,548,804 | € 119,960 | ▼ 95% |
| Retained profit | € 46,902,224 | € 49,082,528 | € 49,611,716 | € 32,080,025 | ▼ 35% |
| Bank debt | € 30,139,755 | € 30,153,731 | € 30,169,104 | € 7,000,000 | ▼ 77% |
| Balance sheet total | € 106,167,084 | € 107,946,404 | € 108,614,051 | € 68,119,004 | ▼ 37% |
| Employees (FTE) | 0.8 | 1 | 0.5 | - |
Key figures of DOVESCO INVESTERINGSVEHIKEL II, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DOVESCO INVESTERINGSVEHIKEL II?
What happened at DOVESCO INVESTERINGSVEHIKEL II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17.5 million (▼ € 18.1 million vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Dovesco NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3 million loss in 2022 to € 17.5 million loss in 2025.
Paid € 1,170 in corporate taxes since 2022.
Best year ever: 2023, with € 2.2 million profit.
Management
The stake of DOMO INVESTMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DOVESCO INVESTERINGSVEHIKEL IIBehind DOVESCO INVESTERINGSVEHIKEL II is Dovesco NV. The shares are held by Domo Investment Group nv (100%), Dovesco NV (0%) and DOMO INVESTMENT GROUP (100%). It owns 65.2% of De Work Wear Groep, 50.1% of Finscaff, 47.2% of Donarco, 41.3% of Qhold International, 37.3% of NTX Holding and 36.5% of Steelco Invest itself.
Directors
According to the 2025 annual accounts
Administrator-manager · represented by Gregory De Clerck
Also active at: QLEVR, STEELCO INVEST
since 2017
Shareholders
Participations
65.2%
50.1%
47.2%
41.3%
37.3%
36.5%
30%
Establishments
Establishment units
Physical locations of this company
Scheldelindeweg 5
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Transroute
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DOVESCO same network
€ 343,431 revenue · 2025
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0685.601.641
- VAT number
- BE 0685.601.641
- Registered office
- Scheldelindeweg 5, 9052 Gent
- Names & denominations
- DOVESCO INVESTERINGSVEHIKEL II · DOVESCO I.V.
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 1 December 2017
- Peppol
- Active · Active since 24 Apr 2024
- Activities · NACE
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