What does DBV Projects do?

DBV Projects is a painting contractor in Wervik. Private Limited, started on 9 September 2018, 1 establishment.

What is the address of DBV Projects?

The registered office of DBV Projects is located at Hoogweg 51, 8940 Wervik.

Is DBV Projects still active?

Yes. According to the CBE (29 October 2026) DBV Projects is active, legal situation “Normale toestand”, started on 9 September 2018.

Is DBV Projects registered on Peppol?

Yes, DBV Projects is registered on the Peppol network with ID 0208:0702944053.

What is the enterprise number of DBV Projects?

The enterprise number of DBV Projects is BE0702944053.

When was DBV Projects founded?

DBV Projects was founded on 9 September 2018.

Who are the directors of DBV Projects?

According to the 2025 annual accounts, the directors of DBV Projects are: DOMINGO VERSTRAETE.

Is DBV Projects a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 September 2018; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DBV Projects make in 2025?

DBV Projects posted a profit after taxes of € 121,578 in financial year 2025.

What is the revenue of DBV Projects?

As a small company, DBV Projects is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 347,195.

How much does an employee at DBV Projects earn?

The average wage cost per full-time employee at DBV Projects was € 60,200 in 2025: staff costs of € 108,358 for 1.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DBV Projects have?

According to the 2025 annual accounts, DBV Projects has 1.8 full-time equivalents (FTE).

DBV Projects (Private Limited) - Wervik - BE0702944053

Dossier DBV Projects, printed on 29 October 2026 from databakkes.be/en/0702944053/dbv-projects. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DBV Projects from Wervik, company number BE0702944053, closed financial year 2025 with a result of € 121,578 after tax. For that financial year DBV Projects recorded a gross margin of € 347,195 and equity of € 492,045. Compared with financial year 2024, the result moved from € 148,333 to € 121,578. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 19, 2026.

What it is worth Growing

€ 492,045

▲ 33% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 121,578

▼ 18% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 27,446

▼ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 473,445.

People and assets in 2025

Full-time equivalents

1.8

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 108,358

▲ 4% vs 2024

€ 60,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 68,751

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 328,193

▲ 287% vs 2024

€ 71,198 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 654,193

▼ 38% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 56,187

▲ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 176,124 Gross margin 2022: € 176,124 First fiscal year in the series	€ 210,123 Gross margin 2023: € 210,123 ▲ 19% vs 2022 (€ 176,124) Favourable step	€ 347,912 Gross margin 2024: € 347,912 ▲ 66% vs 2023 (€ 210,123) Favourable step	€ 347,195 Gross margin 2025: € 347,195 Unchanged (€ 347,912) Unfavourable step
Profit after taxes	€ 58,694 Profit after taxes 2022: € 58,694 First fiscal year in the series	€ 61,738 Profit after taxes 2023: € 61,738 ▲ 5% vs 2022 (€ 58,694) Favourable step	€ 148,333 Profit after taxes 2024: € 148,333 ▲ 140% vs 2023 (€ 61,738) Favourable step	€ 121,578 Profit after taxes 2025: € 121,578 ▼ 18% vs 2024 (€ 148,333) Unfavourable step	▼ 18%
Equity	€ 147,996 Equity 2022: € 147,996 First fiscal year in the series	€ 222,134 Equity 2023: € 222,134 ▲ 50% vs 2022 (€ 147,996) Favourable step	€ 370,467 Equity 2024: € 370,467 ▲ 67% vs 2023 (€ 222,134) Favourable step	€ 492,045 Equity 2025: € 492,045 ▲ 33% vs 2024 (€ 370,467) Favourable step	▲ 33%
Total debts	€ 980,295 Total debts 2022: € 980,295 First fiscal year in the series	€ 1,389,943 Total debts 2023: € 1,389,943 ▲ 42% vs 2022 (€ 980,295) Unfavourable step	€ 1,293,623 Total debts 2024: € 1,293,623 ▼ 7% vs 2023 (€ 1,389,943) Favourable step	€ 1,038,573 Total debts 2025: € 1,038,573 ▼ 20% vs 2024 (€ 1,293,623) Favourable step	▼ 20%
Cash	€ 256,055 Cash 2022: € 256,055 First fiscal year in the series	€ 358,486 Cash 2023: € 358,486 ▲ 40% vs 2022 (€ 256,055) Favourable step	€ 279,713 Cash 2024: € 279,713 ▼ 22% vs 2023 (€ 358,486) Unfavourable step	€ 27,446 Cash 2025: € 27,446 ▼ 90% vs 2024 (€ 279,713) Unfavourable step	▼ 90%
Retained profit	€ 141,796 Retained profit 2022: € 141,796 First fiscal year in the series	€ 203,534 Retained profit 2023: € 203,534 ▲ 44% vs 2022 (€ 141,796) Favourable step	€ 351,867 Retained profit 2024: € 351,867 ▲ 73% vs 2023 (€ 203,534) Favourable step	€ 473,445 Retained profit 2025: € 473,445 ▲ 35% vs 2024 (€ 351,867) Favourable step	▲ 35%
Bank debt	€ 55,960 Bank debt 2022: € 55,960 First fiscal year in the series	€ 75,039 Bank debt 2023: € 75,039 ▲ 34% vs 2022 (€ 55,960) Unfavourable step	€ 84,819 Bank debt 2024: € 84,819 ▲ 13% vs 2023 (€ 75,039) Unfavourable step	€ 328,193 Bank debt 2025: € 328,193 ▲ 287% vs 2024 (€ 84,819) Unfavourable step	▲ 287%
Balance sheet total	€ 1,128,291 Balance sheet total 2022: € 1,128,291 First fiscal year in the series	€ 1,612,076 Balance sheet total 2023: € 1,612,076 ▲ 43% vs 2022 (€ 1,128,291) Unchanged	€ 1,664,090 Balance sheet total 2024: € 1,664,090 ▲ 3% vs 2023 (€ 1,612,076) Unchanged	€ 1,530,618 Balance sheet total 2025: € 1,530,618 ▼ 8% vs 2024 (€ 1,664,090) Unchanged	▼ 8%
Employees (FTE)	1.6 Employees (FTE) 2022: 1.6 First fiscal year in the series	1.9 Employees (FTE) 2023: 1.9 ▲ 0.3 vs 2022 (1.6) Unchanged	2 Employees (FTE) 2024: 2 ▲ 0.1 vs 2023 (1.9) Unchanged	1.8 Employees (FTE) 2025: 1.8 ▼ 0.2 vs 2024 (2) Unchanged	▼ 0.2

Key figures of DBV Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to DBV Projects?

What happened at DBV Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 19, 2026 New annual accounts for financial year 2025: profit of € 121,578 (▼ 18% vs 2024). Source: NBB ↗
Sep 9, 2018 New establishment in Wervik. KBO
2018 DOMINGO VERSTRAETE became a director. NBB
Sep 9, 2018 Start of the company according to the CBE. KBO

In short

From € 58,694 profit in 2022 to € 121,578 profit in 2025.

Paid € 140,134 in corporate taxes since 2022.

Best year ever: 2024, with € 148,333 profit.

On average € 192,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

DOMINGO VERSTRAETE

DBV Projects

DBV COLOR

STRONG BUILD

Behind DBV Projects is DOMINGO VERSTRAETE. DOMINGO VERSTRAETE is also behind DBV COLOR and STRONG BUILD.

Directors

According to the 2025 annual accounts

DOMINGO VERSTRAETE

Director

Also active at: DBV COLOR, STRONG BUILD

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Hoogweg 51

8940 Wervik

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

DBV COLOR same network

€ -13,572 gross margin · 2025

STRONG BUILD same network

€ 28,681 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0702.944.053

VAT number

BE 0702.944.053

Registered office

Hoogweg 51, 8940 Wervik

Names & denominations

DBV Projects

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

9 September 2018

Peppol

Active · Active since 27 Nov 2025

Activities · NACE

Schilderen van gebouwen

Algemene bouw van residentiële gebouwen

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Algemene bouw van kantoorgebouwen

Algemene bouw van andere niet-residentiële gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

DBV Projects

Financials

What happened to DBV Projects?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions