ACTIVE

DSV PROJECTS

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Financial year 2025 · Closed on 30/06/2025

Net result227 k €+129,1 %over 1 year

Gross margin1 M €+39,9 %over 1 year

Equity1,1 M €+25,8 %over 1 year

Workforce9,1 ETP+42,2 %over 1 year

Identity

Source · BCE/KBO

DSV PROJECTS is a Public limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Tielt. It employs on average 9,1 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0837.183.739
Incorporation: 20/06/2011
Legal form: Public limited company
Registered office: Tieltstraat 138
8760 Tielt · FlandreSee on map
Contributed capital: 150 000,00 €
Latest accounts: 30/06/2025
Average workforce: 9,1 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 41101Development of building projects 64200Activities of holding companies 64210Activities of holding companies 68121Buying and selling of own real estate

Joint committees (2)

200
20000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1 M €	+39.9%	724,4 k €	-29.3%	1 M €	+413%	199,8 k €	-74.1%	772,1 k €
EBITDA	320,9 k €	+46.5%	219 k €	-60.6%	555,5 k €	+2002%	26,4 k €	-94.1%	446,5 k €
Operating result	261,1 k €	+62.5%	160,7 k €	-68.5%	510,3 k €	+7634%	6,6 k €	-98.4%	415,3 k €
Net result	227 k €	+129%	99,1 k €	-72.6%	361,2 k €	+18612%	1,9 k €	-99.4%	309,2 k €
Balance sheet
Equity	1,1 M €	+25.8%	878,1 k €	+12.7%	779,1 k €	+86.4%	417,9 k €	+0.5%	416 k €
Total assets	1,4 M €	+36.0%	1 M €	-15.3%	1,2 M €	+22.3%	1 M €	+10.2%	909,9 k €
Cash	35,5 k €	+446%	6,5 k €	-82.0%	36 k €	-88.8%	321 k €	+743%	38,1 k €
Debts	306,5 k €	+124%	136,7 k €	-69.4%	446,5 k €	-23.6%	584,6 k €	+18.4%	493,9 k €
Other
Workforce	9,1 ETP	+42.2%	6,4 ETP	+1.6%	6,3 ETP		–		5,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bjorn Schaek	Directorsince 20/06/2011Managing director22/06/2011 → 2017 accountsended
Dries Vuylsteke	Directorsince 05/03/2019
Kurt Declerck	Directorsince 20/06/2011

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DV CONVEST0826.648.549Represented by Dries Vuylsteke	Director22/06/2011 → 2017 accounts

Other companies at this address

Tieltstraat 138 8760 Tielt

Company	CBE no.
BOUWONDERNEMING DSV CROP● Active	0837.528.286

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	6 months	12 months	12 months
Filing date	31/01/2026	31/01/2025	31/01/2024	31/01/2023	30/08/2022	12/08/2021
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	28/11/2025	31/01/2026	Dutch	PDF
Abridged model	30/06/2024	29/11/2024	31/01/2025	Dutch	PDF
Abridged model	30/06/2023	24/11/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	25/11/2022	31/01/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	12/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	24/08/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	28/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	30/08/2013	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bjorn Schaek	Directorsince 20/06/2011Managing director22/06/2011 → 2017 accountsended
Dries Vuylsteke	Directorsince 05/03/2019
Kurt Declerck	Directorsince 20/06/2011

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
DV CONVEST0826.648.549Represented by Dries Vuylsteke	Director22/06/2011 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates11/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other04/07/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings14 filings

Mandates

Kurt Declerck

Dries Vuylsteke

Bjorn Schaek

DV CONVEST

2011201220132014201520162017201820192020202120222023202420252026

DSV PROJECTS

Tieltstraat 138, 8760 Tielt

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Tieltstraat 138, 8760 TieltCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00035678

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DSV PROJECTSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00035678

Events

2025
Annual accounts 2025227 k €↑
2024
Annual accounts 202499,1 k €↓
2023
Annual accounts 2023361,2 k €↑
2022
Annual accounts 20221,9 k €↓
2021
Annual accounts 2021309,2 k €↑
2020
Annual accounts 202037,7 k €↑
2019
Annual accounts 201921,9 k €↑
2018
Annual accounts 2018-23,2 k €↓
2017
Annual accounts 201724,5 k €↑
2016
Annual accounts 2016-1,9 k €↑
2015
Annual accounts 2015-36,6 k €↓
2014
Annual accounts 201453,5 k €↑
2013
Annual accounts 2013-44,4 k €↑
2012
Annual accounts 2012-74,7 k €
20/06/2011
IncorporationPublic limited company

DSV PROJECTS

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events