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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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DRVO from Waterloo, company number BE1005449045, closed financial year 2025 with a result of € -216,441 after tax. For that financial year DRVO recorded a gross margin of € -81,552 and equity of € -75,542. Compared with financial year 2024, the result moved from € 137,298 to € -216,441. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ -75,542
▼ € 216,441 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -216,441
▼ still € 137,298 profit in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -79,142.
People and assets in 2025
€ 76,872
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 1.1 million
▼ 8% vs 2024
€ 76,667 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 255,402
▲ € 227,768 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 63,653
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 228,562 | € -81,552 | ▼ € 310,114 |
| Profit after taxes | € 137,298 | € -216,441 | ▼ € 353,739 |
| Equity | € 140,898 | € -75,542 | ▼ € 216,441 |
| Total debts | € 1,517,695 | € 1,880,640 | ▲ 24% |
| Cash | € 40,643 | € 0 | ▼ 100% |
| Retained profit | € 137,298 | € -79,142 | ▼ € 216,441 |
| Bank debt | € 1,256,111 | € 1,149,579 | ▼ 8% |
| Balance sheet total | € 1,658,593 | € 1,805,098 | ▲ 9% |
Key figures of DRVO, fiscal years 2024 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 DRVO?
What happened at DRVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 216,441 (▼ € 353,739 vs 2024). Source: NBB ↗
- TDLV CONSULT SRL became a director. NBB
- DOPIR SRL became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
- NKCS SRL became a director. NBB
In short
From € 137,298 profit in 2024 to € 216,441 loss in 2025.
Paid € 39,137 in corporate taxes since 2024.
Best year ever: 2024, with € 137,298 profit.
Management
The stake of NKCS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DRVOBehind DRVO are TDLV CONSULT SRL, NKCS SRL and DOPIR SRL. The shares are held by NKCS (50%).
Directors
According to the 2025 annual accounts
Director · represented by Diego DE LE VINGNE
Also active at: BDP, YOZINVEST, DODEL WINDOWS, YOZ CONSTRUCT
since 2025
Director · represented by Nicolas, Antoine KUNKERA
Also active at: Ets. Hillewaere, KRUMPIR, NEYBOR HOLDING, CO2HOLD, ISOCO, DODEL WINDOWS, ISOPROFIL, ISOLUTION +2 more
since 2024
since 2025
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue des Pâquerettes 55/31
1410 Waterloo
Boondaalse Steenweg 365
1050 Elsene
Active since 31 January 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1005.449.045
- VAT number
- BE 1005.449.045
- Registered office
- Avenue des Pâquerettes 55/31, 1410 Waterloo
- Names & denominations
- DRVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2024
- Peppol
- Active · Active since 5 Feb 2024
- Activities · NACE
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