ACTIVE

DRV2

Financial year 2024 · closed on 31/12/2024
Net result
35,1 k €
+44.9% YoY
Gross margin
213 k €
-22.5% YoY
Equity
194,2 k €
+22.0% YoY

What does DRV2 do?

DRV2 is a Private limited company incorporated in 2004. Its main activity is: Electrical installation. Its registered office is in Zutendaal.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.733.960
Incorporation
22/12/2004
Legal form
Private limited company
Registered office
Grensweg 22
3690 Zutendaal · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2024
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin213 k €275 k €210,7 k €134 k €19,2 k €16,7 k €26,1 k €21,6 k €6 k €4,6 k €-1,5 k €-567 €-2,8 k €2,9 k €18,1 k €12,1 k €-1,3 k €2,4 k €2,3 k €
EBITDA71,2 k €70,2 k €73,3 k €102,6 k €-12,1 k €7,1 k €16,3 k €16,7 k €5,1 k €3,7 k €-1,9 k €-1,2 k €-3,7 k €1,9 k €17,3 k €9 k €-1,8 k €1,9 k €2 k €
Operating result53,8 k €56,2 k €52,7 k €96,6 k €-16,2 k €944,8 €7,8 k €6,5 k €1,3 k €1,4 k €-2 k €-1,4 k €-9,7 k €-4,3 k €11,1 k €1,7 k €-2,3 k €1,4 k €1,6 k €
Net result35,1 k €24,2 k €49,1 k €95,5 k €-17,9 k €-2,7 k €4,8 k €2,8 k €383,9 €1,4 k €-2,1 k €6,1 k €-4,9 k €-4,9 k €5,1 k €378 €-2,4 k €475 €1,2 k €
Balance sheet
Equity194,2 k €159,1 k €134,9 k €85,8 k €-9,7 k €8,2 k €10,9 k €6,1 k €3,3 k €2,9 k €1,6 k €3,7 k €-2,4 k €2,5 k €7,4 k €2,3 k €2 k €4,4 k €3,9 k €
Total assets671,8 k €660,4 k €608,5 k €348,9 k €208,9 k €83,9 k €66,6 k €52,9 k €25,8 k €23,4 k €5,4 k €5,5 k €13,4 k €26,2 k €50,5 k €41,6 k €13,1 k €15,3 k €15,2 k €
Cash50,7 k €84,9 k €98,5 k €100,1 k €16,3 k €3,6 k €7,6 k €901,6 €7,4 k €225 €219 €7,7 k €12,2 k €939 €2,8 k €1,1 k €2 k €4,9 k €
Debts474,5 k €497,7 k €440,4 k €242,2 k €150,5 k €75,7 k €49,5 k €13,1 k €22,5 k €20,5 k €3,8 k €1,8 k €15,8 k €23,7 k €43,1 k €39,3 k €11,1 k €10,9 k €11,3 k €
Other
Workforce0,8 ETP1,0 ETP1,0 ETP0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2021 · 4 active · 12 ended

Active mandates

David Vliegen

Mandate

Active
Immo D&C

Mandate · 0687.812.845

Active
Joren Vliegen

Mandate

Active
Vliegen David

Mandate

Active

Ended mandates

Immo D&C

Director · since 01 juillet 2018 · 0687.812.845

Represented by Christel Reynvoet

Ended
Immo D&C

Director · since 01 juillet 2018 · 0687.812.845

Ended
Joren Vliegen

Director · since 07 janvier 2017

Ended
Joren Vliegen

Director · since 06 janvier 2017

Ended
At this address

Other companies at this address

CompanyCBE no.
DRV2 InfraActive
1005.970.865
DRV2 ProjectsActive
1005.971.657
DRV2 ServiceActive
1005.970.568
Immo D&CActive
0687.812.845
JR HORSESActive
0669.880.119
Annual accounts

Full financial information

202420232022202120202019
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/09/202519/09/202424/08/202312/12/202230/11/202130/10/2020
General meeting29/06/202529/06/202428/05/202330/11/202228/05/202129/05/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202429/06/202524/09/2025DutchPDF
Micro model31/12/202329/06/202419/09/2024DutchPDF
Micro model31/12/202228/05/202324/08/2023DutchPDF
Abridged model31/12/202130/11/202212/12/2022DutchPDF
Abridged model31/12/202028/05/202130/11/2021DutchPDF
Abridged model31/12/201929/05/202030/10/2020DutchPDF
Abridged model31/12/201831/05/201930/08/2019DutchPDF
Abridged model31/12/201725/05/201831/08/2018DutchPDF
Abridged model31/12/201626/05/201730/06/2017DutchPDF
Abridged model31/12/201527/05/201630/08/2016DutchPDF
Abridged model31/12/201429/05/201530/06/2015DutchPDF
Abridged model31/12/201330/05/201422/07/2014DutchPDF
Abridged model31/12/201231/05/201323/07/2013DutchPDF
Abridged model31/12/201125/05/201220/07/2012DutchPDF
Abridged model31/12/201027/05/201119/07/2011DutchPDF
Abridged model31/12/200928/05/201001/07/2010DutchPDF
Abridged model31/12/200828/05/200922/06/2009DutchPDF
Abridged model31/12/200730/05/200828/08/2008DutchPDF
Abridged model31/12/200625/05/200716/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2021 · 4 active · 12 ended

Active mandates

David Vliegen

Mandate

Active
Immo D&C

Mandate · 0687.812.845

Active
Joren Vliegen

Mandate

Active
Vliegen David

Mandate

Active

Ended mandates

Immo D&C

Director · since 01 juillet 2018 · 0687.812.845

Represented by Christel Reynvoet

Ended
Immo D&C

Director · since 01 juillet 2018 · 0687.812.845

Ended
Joren Vliegen

Director · since 07 janvier 2017

Ended
Joren Vliegen

Director · since 06 janvier 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/01/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/02/2015
    BENAMING - MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN
    PDF
  • Mandates28/08/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/03/2005
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/12/2004
    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. 2024
    Annual accounts 202435,1 k €
  2. 2023
    Annual accounts 202324,2 k €
  3. 2022
    Annual accounts 202249,1 k €
  4. 2021
    Annual accounts 202195,5 k €
  5. 2020
    Annual accounts 2020-17,9 k €
  6. 2019
    Annual accounts 2019-2,7 k €
  7. 2018
    Annual accounts 20184,8 k €
  8. 2017
    Annual accounts 20172,8 k €
  9. 2016
    Annual accounts 2016383,9 €
  10. 2015
    Annual accounts 20151,4 k €
  11. 2014
    Annual accounts 2014-2,1 k €
  12. 2013
    Annual accounts 20136,1 k €
  13. 2012
    Annual accounts 2012-4,9 k €
  14. 2011
    Annual accounts 2011-4,9 k €
  15. 2010
    Annual accounts 20105,1 k €
  16. 2009
    Annual accounts 2009378 €
  17. 2008
    Annual accounts 2008-2,4 k €
  18. 2007
    Annual accounts 2007475 €
  19. 2006
    Annual accounts 20061,2 k €
  20. 22/12/2004
    IncorporationPrivate limited company