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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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DVG Development from Watermaal-Bosvoorde, company number BE0754837469, closed financial year 2025 with a result of € 11,701 after tax. For that financial year DVG Development recorded a gross margin of € 12,770 and equity of € 10,980. Compared with financial year 2024, the result moved from € -8,683 to € 11,701. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 10,980
▲ € 11,701 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,701
▲ still € 8,683 loss in 2024
Profit after tax over the fiscal year.
€ 14,411
▲ € 11,698 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -4,020.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 400
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,176 | € -203 | € -8,061 | € 12,770 | ▲ € 20,831 |
| Profit after taxes | € -4,282 | € -1,413 | € -8,683 | € 11,701 | ▲ € 20,384 |
| Equity | € 9,375 | € 7,962 | € -721 | € 10,980 | ▲ € 11,701 |
| Total debts | € 3,078 | € 1,207 | € 3,478 | € 134,659 | ▲ € 131,182 |
| Cash | € 10,631 | € 1,659 | € 2,713 | € 14,411 | ▲ € 11,698 |
| Retained profit | € -5,625 | € -7,038 | € -15,721 | € -4,020 | ▲ € 11,701 |
| Balance sheet total | € 12,453 | € 9,169 | € 2,756 | € 145,639 | ▲ € 142,882 |
Key figures of DVG Development, 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 DVG Development?
What happened at DVG Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bricks & Leisure Vastgoed stepped down as director. NBB
- UNIBRICKS BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,701. Source: NBB ↗
- Bricks & Leisure Vastgoed became a director. NBB
- UNIBRICKS BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,282 loss in 2022 to € 11,701 profit in 2025.
Best year ever: 2025, with € 11,701 profit.
Management
The stake of UNIBRICKS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DVG DevelopmentThe shares are held by UNIBRICKS (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Jonathan Debucquoy
Also active at: BOUWADVIES EN -COÖRDINATIE, BRICKS FINANCIAL SERVICES, Bricks & Leisure Projectontwikkeling, European Realty Company
since 2024 · until 2031
Managing director · represented by Thomas Lecluse
Also active at: BRICKS & LEISURE VASTGOED, BRICKS FINANCIAL SERVICES, Bricks & Leisure Projectontwikkeling, EXPLOITATIEMAATSCHAPPIJ IBJ, Exploitatiemaatschappij MHSL, Atratus, European Realty Company, Waterfront Development Company +7 more
since 2024 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 177 box 5
1170 Watermaal-Bosvoorde
Provenierstersstraat 15
9000 Gent
Active since 24 September 2020
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 →Euroconseils
€ -776 gross margin · 2025
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€ 126,443 gross margin · 2025
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€ 164,650 gross margin · 2025
International Beverages Corporation
Pro Familia
+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
- 0754.837.469
- VAT number
- BE 0754.837.469
- Registered office
- Terhulpsesteenweg 177 bus 5, 1170 Watermaal-Bosvoorde
- Names & denominations
- DVG Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2020
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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