BEERNAERT DAVY
ActiveSummary
BEERNAERT DAVY has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €608,988 and a net result of €83,923. Equity has been growing by about 8.5% per year since 2018. Its solvency ranks better than 66% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-09-2009 Normal situation
- Activity
- Roofing work NACE 43410and 2 others
- Establishment unit
- 2.181.654.318 8550 Zwevegem, since 14-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €469,618
- ▼ 23.3%
- Turnover
- ≈ €1.3m
- estimated
- Profit
- €83,923
- ▼ 46.9%
- Equity
- €608,988
- ▲ 2.7%
- Total assets
- €1.0m
- ▼ 10.2%
- Employees on 31-12-2025
- 3
- ▼ 25.0%
Score breakdownlowers riskLiquidity: current ratio 2.64, cash €412,266Equity €608,988 (58.1% of total assets)Figures for financial year 2025 (filed on 24-06-2026)Founded in 2009Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 63% of them on solvency, 91% on liquidity, 57% on profitability and 42% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 24-06-2026 at the NBB all 16 filings
Every figure per financial year
The operating result for 2025 is 46% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 3 | 2 | 4 | 3 |
| full-time | 2 | 3 | 2 | 4 | 3 |
| in full-time equivalents | 2 | 3 | 2 | 4 | 3 |
| Average over the year, in full-time equivalents | 2.2 | 2.6 | 2.5 | 3.4 | 3.1 |
| On a permanent contract | 1 | 3 | 1 | 4 | 3 |
| Joined | 11 | 15 | 14 | 9 | - |
| Left | 11 | 14 | 15 | 7 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €202,455 | €486,910 | €410,684 | €398,874 | €324,473 |
| Mortgages, amount registered | €344,500 | €344,500 | €344,500 | €344,500 | €344,500 |
| Carrying value of the mortgaged assets | €330,268 | €517,457 | €481,063 | €448,789 | €403,499 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €45,398 | €426,835 | €43,970 | €210,365 | €12,908 |
| Depreciation and write-downs of the year | €54,044 | €102,905 | €98,141 | €103,248 | €101,879 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · €588 awarded · €588 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €78 | €78 |
| 2022 | 1 | €510 | €510 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €589 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €131,404 | €158,032 | €177,440 | €245,721 | €230,345 | ▼ 6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €62,909 | €66,487 | €65,935 | €54,044 | €102,905 | €98,141 | €103,248 | €101,879 | ▼ 1.3% |
| Other operating charges640/8 | - | - | - | €4,549 | €6,172 | €5,939 | €28,066 | €9,959 | ▼ 64.5% |
| Non-recurring operating charges66A | - | - | - | - | - | €503 | - | - | - |
| Gross operating margin9900 | €361,180 | €348,355 | €306,537 | €359,932 | €354,296 | €500,038 | €611,931 | €469,618 | ▼ 23.3% |
| Operating profit (loss)9901 | €99,807 | €123,258 | €98,200 | €169,935 | €87,187 | €218,015 | €234,896 | €127,435 | ▼ 45.7% |
| Financial income75/76B | - | - | - | €5,916 | €4,978 | €7,455 | €9,723 | €11,217 | ▲ 15.4% |
| Recurring financial income75 | €6,863 | €6,648 | €6,823 | €5,916 | €4,978 | €7,455 | €9,723 | €11,217 | ▲ 15.4% |
| Financial charges65/66B | - | - | - | €8,725 | €9,078 | €13,290 | €10,206 | €12,019 | ▲ 17.8% |
| Recurring financial charges65 | €13,474 | €12,495 | €10,791 | €8,725 | €9,078 | €13,290 | €10,206 | €12,019 | ▲ 17.8% |
| Profit (loss) for the period before taxes9903 | €93,196 | €117,411 | €94,232 | €167,127 | €83,087 | €212,179 | €234,412 | €126,634 | ▼ 46.0% |
| Income taxes67/77 | €26,908 | €35,096 | €26,207 | €48,914 | €21,961 | €65,974 | €76,417 | €42,711 | ▼ 44.1% |
| Profit (loss) for the period9904 | €66,289 | €82,315 | €68,025 | €118,212 | €61,126 | €146,205 | €157,996 | €83,923 | ▼ 46.9% |
| Profit (loss) for the period to be appropriated9905 | €66,289 | €82,315 | €68,025 | €118,212 | €61,126 | €146,205 | €157,996 | €83,923 | ▼ 46.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €0.8m | €0.8m | €0.7m | €1.0m | €1.0m | €1.2m | €1.0m | ▼ 10.2% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.7m | €0.6m | €0.7m | €0.6m | ▼ 16.3% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.4m | €0.4m | €0.7m | €0.6m | €0.7m | €0.6m | ▼ 16.3% |
| Land and buildings22 | - | - | - | €0.3m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 10.1% |
| Plant, machinery and equipment23 | - | - | - | €0.009m | €0.007m | €0.008m | €0.006m | €0.003m | ▼ 50.4% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.2m | €0.1m | €0.2m | €0.1m | ▼ 29.0% |
| Other tangible fixed assets26 | - | - | - | €0.01m | €0.006m | €0.002m | - | - | - |
| Current assets29/58 | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | €0.5m | ▼ 2.2% |
| Amounts receivable within one year40/41 | €0.1m | €0.2m | €0.1m | €0.09m | €0.09m | €0.1m | €0.2m | €0.05m | ▼ 67.5% |
| Trade receivables40 | - | - | - | €0.06m | €0.06m | €0.06m | €0.1m | €0.02m | ▼ 82.8% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.04m | €0.03m | €0.05m | €0.03m | ▼ 34.7% |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 19.7% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €0.03m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €0.8m | €0.8m | €0.7m | €1.0m | €1.0m | €1.2m | €1.0m | ▼ 10.2% |
| Equity10/15 | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 2.7% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 2.8% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 2.8% |
| Profit (loss) carried forward14 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Amounts payable17/49 | €0.4m | €0.4m | €0.4m | €0.3m | €0.6m | €0.5m | €0.6m | €0.4m | ▼ 23.5% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 22.6% |
| Financial debts170/4 | - | - | - | €0.2m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 22.6% |
| Amounts payable within one year42/48 | €0.1m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 24.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.08m | €0.07m | €0.07m | €0.07m | ▼ 1.4% |
| Trade debts44 | €0.08m | €0.05m | €0.04m | €0.05m | €0.05m | €0.04m | €0.06m | €0.04m | ▼ 39.4% |
| Suppliers440/4 | - | - | - | €0.05m | €0.05m | €0.04m | €0.06m | €0.04m | ▼ 39.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.01m | €0.02m | €0.03m | €0.01m | ▼ 65.7% |
| Taxes450/3 | - | - | - | €0.006m | €0.009m | €0.02m | €0.03m | €0.006m | ▼ 78.0% |
| Remuneration and social security454/9 | - | - | - | - | €0.005m | €0.003m | €0.006m | €0.006m | ▼ 11.6% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.05m | €0.06m | €0.08m | €0.06m | ▼ 17.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.001m | €0.001m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,289 | €82,315 | €68,025 | €118,212 | €61,126 | €146,205 | €157,996 | €83,923 | ▼ 46.9% |
| + Depreciation and write-downs630 | €62,909 | €66,487 | €65,935 | €54,044 | €102,905 | €98,141 | €103,248 | €101,879 | ▼ 1.3% |
| Operating cash flow (approximation) | €129,198 | €148,802 | €133,960 | €172,257 | €164,031 | €244,346 | €261,243 | €185,802 | ▼ 28.9% |
| Investment in fixed assets (approximation) | - | -€44,730 | -€107,175 | -€15,116 | -€426,835 | -€15,076 | -€139,257 | €6,226 | - |
| Change in cash | - | €4,362 | €4,338 | €48,444 | -€3,966 | €85,468 | €17,965 | €67,986 | ▲ 278% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as BEERNAERT DAVY has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of BEERNAERT DAVY itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for BEERNAERT DAVY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-06-2026 | 2026-00194345 | |
| 31-12-2024 | abbreviated format | 13-06-2025 | 2025-00141773 | |
| 31-12-2023 | abbreviated format | 10-06-2024 | 2024-00120005 | |
| 31-12-2022 | abbreviated format | 20-06-2023 | 2023-00144546 | |
| 31-12-2021 | abbreviated format | 22-06-2022 | 2022-20082026 | |
| 31-12-2020 | abbreviated format | 16-06-2021 | 2021-20800216 | |
| 31-12-2019 | abbreviated format | 21-08-2020 | 2020-43500259 | |
| 31-12-2018 | abbreviated format | 09-08-2019 | 2019-45000376 | |
| 31-12-2017 | abbreviated format | 29-05-2018 | 2018-15000236 | |
| 31-12-2016 | abbreviated format | 12-06-2017 | 2017-16900321 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 04-04-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Beernaert Davy |
|
| Etienne Virginie |
|
Network & group
BEERNAERT DAVY shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of BEERNAERT DAVY. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-09
Gazette deed
Appointment: Etienne Virginie (director)1 point ▸
- Director appointment, Etienne Virginie (director)
04-04
Gazette deed
Resignation: Beernaert Davy (manager)Reappointment: Beernaert Davy (director) · Power of attorney · Amendment of the articles10 points ▸
- Power of attorney
- Power of attorney, JOYCE DE KETELE
- General meeting, 22-03-2023
- Amendment of the articles, mentioned 3 times in the deed
- Legal form clause, “behoud, besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, Beernaert Davy (manager)
- Director reappointment, Beernaert Davy (director (not named in the articles))
- Director discharge, Beernaert Davy (manager)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
37 activities
- De bouw van daken
- Dakbedekking en de bouw van dakconstructies
- Het plaatsen van dakbedekking van ongeacht welk materiaal
- Het plaatsen van dakgoten en regenafvoerbuizen
- Het waterdichtmaken van daken en dakterassen
- Het toezien op de bouwwerkzaamheden (ruwbouw,installatie,afwerking,enzovoort)
- Het plaatsen van lichtstraten,koepels,enzovoort
- Het plaatsen van veranda's,pergola's,enzovoort
- Onderneming voor timmer- en schrijnwerk voor gebouwen
- Fabricage van timmer- en schrijnwerk voor het bouwbedrijf
- Het plaatsen van al dan niet verplaatsbare tussenwanden en valse zolderingen in hout
- Het plaatsen van gipsplaten en -plafonds
- Het plaatsen van ijzerwerk,metalen vensterluiken,enzovoort
- Onderneming voor het vervaardigen en plaatsen van ramen,deuren en vensterluiken
- Aannemer van zinkwerken en metalen dakbedekkingen van gebouwen
- Aannemer van niet-metalen dakbedekkingen van gebouwen
- Het plaatsen van dakbedekkingen met metaal,dakpannen,leien,stro en alle andere materialen
- De bouw van daken,dakbedekkingen in alle soorten materialen
- Alle lood- en zinkwerk
- Loodgieterswerk
- Gevelbekleding met metalen en niet-metalen materialen
- Vervaardiging van metalen constructiewerken of gebinten voor de bouw
- Handelsbemiddeling in hout- en bouwmaterialen
- Groot- en kleinhandel in bouwmaterialen
- Onderneming voor het uitvoeren van voegwerken
- Algemene onderneming van bouwwerken,omvattende het optrekken van gebouwen,evenals deze bedrijvigheden die betrekking hebben op de gehele of gedeeltelijke uitvoering van voltooiingwerken of het toezicht en coördinatie ervan
- Het ruimen van bouwterreinen
- Isolatiewerkzaamheden
- Gevelreiniging door middel van zandstralen,met behulp van stoom,enzovoort
- Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
- Toezien op de bouwwerkzaamheden
- Projectontwikkeling voor woningbouw
- Projectontwikkeling voor de bouw van appartementen
- Projectontwikkeling voor infrastructuurwerken
- Coördinatie van bouwprojecten,uitgevoerd door onderaannemers
- Niet-gespecialiseerde handelsbemiddeling
- Kleinhandel,groothandel,handelsbemiddeling,in alle grondstoffen en producten die met dit voorwerp hetzij rechtstreeks hetzij onrechtstreeks verband kunnen houden
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0818.450.366
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34042B0284/00S003 | Flanders | 1,129 m² | 1 · 239 m² | 9.6 m · 1 |