ACTIVE

DSV PROJECTS

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Financial year 2025 · closed on 30/06/2025
Net result
227 k €
+129.1% YoY
Gross margin
1 M €
+39.9% YoY
Equity
1,1 M €
+25.8% YoY
Workforce
9,1 ETP
+42.2% YoY

What does DSV PROJECTS do?

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· main41201Construction of residential and non-residential buildings41101Development of building projects64200Activities of holding companies64210Activities of holding companies68121Buying and selling of own real estate
Joint committees (2)
  • 200
  • 20000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin1 M €724,4 k €1 M €199,8 k €772,1 k €368,7 k €327,7 k €232,1 k €261,3 k €260,9 k €231,6 k €206,7 k €22,6 k €33,3 k €
EBITDA320,9 k €219 k €555,5 k €26,4 k €446,5 k €70,3 k €54,9 k €9,7 k €58,2 k €33,1 k €-538 €102,4 k €16,7 k €24,7 k €
Operating result261,1 k €160,7 k €510,3 k €6,6 k €415,3 k €39,8 k €24,9 k €-20,3 k €28,2 k €3,1 k €-30,5 k €61,2 k €-35,7 k €-56 k €
Net result227 k €99,1 k €361,2 k €1,9 k €309,2 k €37,7 k €21,9 k €-23,2 k €24,5 k €-1,9 k €-36,6 k €53,5 k €-44,4 k €-74,7 k €
Balance sheet
Equity1,1 M €878,1 k €779,1 k €417,9 k €416 k €106,8 k €69,1 k €47,2 k €70,5 k €46 k €47,8 k €84,4 k €30,9 k €75,3 k €
Total assets1,4 M €1 M €1,2 M €1 M €909,9 k €484,8 k €450,1 k €454,1 k €528,3 k €515 k €544,8 k €637,6 k €648,5 k €666,6 k €
Cash35,5 k €6,5 k €36 k €321 k €38,1 k €47,2 k €12 k €5,3 k €25,2 k €2,9 k €1,5 k €16,5 k €2,4 k €2 k €
Debts306,5 k €136,7 k €446,5 k €584,6 k €493,9 k €378 k €381 k €406,8 k €457,9 k €469 k €497 k €553,2 k €617,6 k €591,3 k €
Other
Workforce9,1 ETP6,4 ETP6,3 ETP–5,2 ETP4,4 ETP4,5 ETP3,8 ETP3,5 ETP–4,5 ETP3,7 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 16 ended

Active mandates

Bjorn Schaek

Director

Active
Dries Vuylsteke

Director

Active
Kurt Declerck

Director

Active

Ended mandates

Bjorn Schaek

Director · since 31 mai 2022 · until 24 novembre 2028

Ended
Dries Vuylsteke

Director · since 31 mai 2022 · until 24 novembre 2028

Ended
Kurt Declerck

Director · since 31 mai 2022 · until 24 novembre 2028

Ended
Dries Vuylsteke

Director · since 05 mars 2019 · until 05 mars 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
BOUWONDERNEMING DSV CROP● Active
0837.528.286
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/07/202301/07/202201/01/202201/01/202101/01/2020
Closing of the financial year30/06/202530/06/202430/06/202330/06/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months6 months12 months12 months
Filing date31/01/202631/01/202531/01/202431/01/202330/08/202212/08/2021
General meeting28/11/202529/11/202424/11/202325/11/202227/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202528/11/202531/01/2026DutchPDF
Abridged model30/06/202429/11/202431/01/2025DutchPDF
Abridged model30/06/202324/11/202331/01/2024DutchPDF
Abridged model30/06/202225/11/202231/01/2023DutchPDF
Abridged model31/12/202127/05/202230/08/2022DutchPDF
Abridged model31/12/202028/05/202112/08/2021DutchPDF
Abridged model31/12/201929/05/202031/08/2020DutchPDF
Abridged model31/12/201831/05/201929/08/2019DutchPDF
Abridged model31/12/201725/05/201824/08/2018DutchPDF
Micro model31/12/201626/05/201728/08/2017DutchPDF
Abridged model31/12/201527/05/201624/08/2016DutchPDF
Abridged model31/12/201429/05/201527/08/2015DutchPDF
Abridged model31/12/201330/05/201428/08/2014DutchPDF
Abridged model31/12/201231/05/201330/08/2013DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 3 active · 16 ended

Active mandates

Bjorn Schaek

Director

Active
Dries Vuylsteke

Director

Active
Kurt Declerck

Director

Active

Ended mandates

Bjorn Schaek

Director · since 31 mai 2022 · until 24 novembre 2028

Ended
Dries Vuylsteke

Director · since 31 mai 2022 · until 24 novembre 2028

Ended
Kurt Declerck

Director · since 31 mai 2022 · until 24 novembre 2028

Ended
Dries Vuylsteke

Director · since 05 mars 2019 · until 05 mars 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025227 k €↑
  2. 2024
    Annual accounts 202499,1 k €↓
  3. 2023
    Annual accounts 2023361,2 k €↑
  4. 2022
    Annual accounts 20221,9 k €↓
  5. 2021
    Annual accounts 2021309,2 k €↑
  6. 2020
    Annual accounts 202037,7 k €↑
  7. 2019
    Annual accounts 201921,9 k €↑
  8. 2018
    Annual accounts 2018-23,2 k €↓
  9. 2017
    Annual accounts 201724,5 k €↑
  10. 2016
    Annual accounts 2016-1,9 k €↑
  11. 2015
    Annual accounts 2015-36,6 k €↓
  12. 2014
    Annual accounts 201453,5 k €↑
  13. 2013
    Annual accounts 2013-44,4 k €↑
  14. 2012
    Annual accounts 2012-74,7 k €
  15. 20/06/2011
    IncorporationPublic limited company