BOVYN DAVID
ActiveSummary
BOVYN DAVID has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €926k and a net result of €66k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 5.25 against 4.33 in 2024; short-term debt: 17.5% and cash: 20.8% of total assets), and 19.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.9%
Return on assets
5.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
25 d late
2023
26 d late
2022
24 d late
2021
6 d early
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€926k▲ 7.6%
2024 · €861k
2018: €421k
2019: €464k
2020: €520k
2021: €592k
2022: €670k
2023: €745k
2024: €861k
2018 → 2025
Total assets
€1.14M▲ 0.8%
2024 · €1.14M
2018: €876k
2019: €928k
2020: €977k
2021: €1.05M
2022: €1.04M
2023: €1.07M
2024: €1.14M
2018 → 2025
Net result
€66k▼ 43.6%
2024 · €116k
2018: €22k
2019: €43k
2020: €56k
2021: €72k
2022: €77k
2023: €75k
2024: €116k
2018 → 2025
Working capital
€852k▲ 2.7%
2024 · €829k
2018: €383k
2019: €440k
2020: €505k
2021: €569k
2022: €640k
2023: €720k
2024: €829k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€592k-€670k▲ 13.0%€745k▲ 11.2%€861k▲ 15.6%€926k▲ 7.6%
Operating result€81k-€89k▲ 10.4%€78k▼ 12.5%€133k▲ 70.3%€53k▼ 60.5%
Net result€72k-€77k▲ 7.3%€75k▼ 2.9%€116k▲ 55.2%€66k▼ 43.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets
€92k ▲ 62.5%
Current assets
€1.05M ▼ 2.4%
Equity and liabilities €1.14M
Equity
€926k ▲ 7.6%
Provisions
€0 ▼ 100%
Debt
€218k ▼ 20.3%
Debt's share of the balance-sheet total falls from 24.1% to 19.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▼
2024 · €156k
Cash flow
€91k▼
2024 · €139k
Current ratio
5.25▲
2024 · 4.33
Quick ratio
4.93▲
2024 · 4.10
Debt to equity
0.24▼
2024 · 0.32
ROE
7.1%▼
2024 · 13.5%
ROA
5.7%▼
2024 · 10.2%
Interest coverage
18.27▼
2024 · 37.35
Debt ≤ 1 year
€201k▼
2024 · €249k
Debt > 1 year
€13k▼
2024 · €20k
Income taxes
€25k▼
2024 · €52k
Staff costs
€179k▲
2024 · €173k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.14M€1.14M▲
Fixed assets21/28€57k€92k▲
Intangible fixed assets21€1k€302▼
Tangible fixed assets22/27€55k€92k▲
Plant, machinery and equipment23€734€601▼
Furniture and vehicles24€32k€70k▲
Leasing and similar rights25€9k€4k▼
Other tangible fixed assets26€14k€16k▲
Financial fixed assets28€282€282=
Current assets29/58€1.08M€1.05M▼
Stocks and contracts in progress3€57k€65k▲
Stocks30/36€57k€65k▲
Amounts receivable within one year40/41€194k€115k▼
Trade receivables40€179k€69k▼
Other amounts receivable41€15k€46k▲
Current investments50/53-€625k
Cash at bank and in hand54/58€822k€239k▼
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.14M▲
Equity10/15€861k€926k▲
Contributions10/11€16k€16k=
Reserves13€845k€910k▲
Tax-exempt reserves132€1k-
Distributable reserves133€844k€910k▲
Provisions and deferred taxes16€522-
Deferred taxes168€522-
Amounts payable17/49€274k€218k▼
Amounts payable after more than one year17€20k€13k▼
Financial debts170/4€3k-
Other amounts payable178/9€17k€13k▼
Amounts payable within one year42/48€249k€201k▼
Current portion of amounts payable after more than one year42€11k€3k▼
Trade debts44€73k€37k▼
Suppliers440/4€73k€37k▼
Advances received on contracts in progress46€97k€117k▲
Taxes, remuneration and social security45€23k€13k▼
Taxes450/3€11k-
Remuneration and social security454/9€12k€13k▲
Other amounts payable47/48€45k€31k▼
Accrued charges and deferred income492/3€5k€5k▼
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€173k€179k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€25k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-1k-
Other operating charges640/8€3k€4k▲
Gross operating margin9900€330k€262k▼
Operating profit (loss)9901€133k€53k▼
Financial income75/76B€39k€41k▲
Recurring financial income75€39k€31k▼
Non-recurring financial income76B-€10k
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€168k€90k▼
Transfer from deferred taxes780€522€522=
Income taxes67/77€52k€25k▼
Profit (loss) for the period9904€116k€66k▼
Transfer from tax-exempt reserves789€1k€1k=
Profit (loss) for the period to be appropriated9905€117k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€67k▼
Transfer to equity691/2€117k€67k▼
To other reserves6921€117k€67k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €116k ▲55.2%
Operating result €133k, net result €116k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €520k ▲12.1%
3 profitable years in a row build equity to €520k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gentstraat 89700 OudenaardeGround area
296 m²
Building footprint
169 m²
Volume, LiDAR
1,291 m³
Parcel 45508B0177/00M000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gentstraat 8, 9700 Oudenaarde
since 20012.101.429.675
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508B0177/00M000 | Flanders | 296 m² | 1 · 169 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MENUIFAB
BE 0428.581.830
Leuze-en-Hainaut · Eq €938k
R&E Montage
BE 0790.977.194
Pelt · Eq €939k
LAKER
BE 0431.326.039
Mons · Eq €943k
Breemersch
BE 0417.727.530
Roeselare · Eq €905k
ModuleHome
BE 0448.919.364
Halle · Eq €902k
Of 1,599 companies in sector 16230 we hold annual accounts for 783. 461 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
22230Manufacture of rubber and plastic products
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.