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 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DV CONVEST from Tielt, company number BE0826648549, closed financial year 2025 with a result of € 217,419 after tax. For that financial year DV CONVEST recorded revenue of € 348,750 and equity of € 3.9 million. Compared with financial year 2024, the result moved from € 16,786 to € 217,419. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 3.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 217,419
▲ € 200,633 vs 2024
Profit after tax over the fiscal year.
€ 3,346
▲ € 2,936 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 € 2.9 million.
Debts at end 2025
€ 1 million
▼ 24% vs 2024
€ 250,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 45,359
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 309,600 | € 301,348 | € 325,000 | € 348,750 | ▲ 7% |
| Profit after taxes | € 18,324 | € 18,107 | € 16,786 | € 217,419 | ▲ € 200,633 |
| Equity | € 3,602,130 | € 3,620,237 | € 3,637,024 | € 3,854,443 | ▲ 6% |
| Total debts | € 1,884,647 | € 1,565,405 | € 1,616,086 | € 1,376,444 | ▼ 15% |
| Cash | € 31,478 | € 6,387 | € 411 | € 3,346 | ▲ € 2,936 |
| Retained profit | € 2,602,130 | € 2,620,237 | € 2,637,024 | € 2,854,443 | ▲ 8% |
| Bank debt | € 1,812,500 | € 1,500,000 | € 1,312,500 | € 1,000,000 | ▼ 24% |
| Balance sheet total | € 5,486,777 | € 5,185,643 | € 5,253,110 | € 5,230,886 |
Key figures of DV CONVEST, 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 DV CONVEST?
What happened at DV CONVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 217,419 (▲ € 200,633 vs 2024). Source: NBB ↗
- SRW Holding BV became a director. NBB
- Dries Vuylsteke became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,324 profit in 2022 to € 217,419 profit in 2025.
Paid € 24,127 in corporate taxes since 2022.
Best year ever: 2025, with € 217,419 profit.
Pays suppliers within 58 days on average.
Management
Behind DV CONVEST are SRW Holding BV and Dries Vuylsteke. The shares are held by SRW Holding (100%). It owns 100% of Wegenbouw Ivan Vuylsteke itself.
Directors
According to the 2025 annual accounts
Director · represented by Van Tornhaut Dirk
Also active at: MONSERÉ SLOOP- EN GRONDWERKEN, MOVATRANS, Movarec
since 2020
Dries Vuylsteke
Director
Also active at: WEGENBOUW IVAN VUYLSTEKE, MONSERÉ SLOOP- EN GRONDWERKEN, SRW HOLDING, D&E CONSULT, VEURNS RECYCLAGE BEDRIJF, MOVATRANS, Movarec
since 2020
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Steenovenstraat 98
8760 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →WEGENBOUW IVAN VUYLSTEKE same network
€ 30.9 million revenue · 2025
MONSERÉ SLOOP- EN GRONDWERKEN same network
€ 1 million gross margin · 2025
SRW GROEP
SRW HOLDING same network
€ 1.3 million revenue · 2025
Tijdelijke maatschap Ivan Vuylsteke - Vanlerberghe
+8 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
- 0826.648.549
- VAT number
- BE 0826.648.549
- Registered office
- Steenovenstraat 98, 8760 Tielt
- Names & denominations
- DV CONVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2010
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
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