Equity
€206,982 from €718,558 in 2017
Equity fell by 71% in 8 years.
D.A. GESTION
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991Gross marginpeak €497,728 (2014)
€173,286▲ 65.0%
Resultlowest -€171,959 (2008)
€85,552▲ 53.3%
Equitypeak €718,558 (2017)
€206,982▼ 6.5%
Debts
€666,726▼ 4.2%
Board6 names since 2018
5 directorsIR-IMMO and 4 others
Owners2 names in the annual accounts
Documentsfilings and deeds
24-08-202624 days late
2025financial year
Gross margin from €104,997 to €173,286Result from €55,815 to €85,552Dividend €100,000
Key points
from the 2025 annual accountsDebts
€666,726 76% of the balance sheet
Financial debts 20%Suppliers 1%Taxes and wages 5%Other 74%
€513,121 of the debts are secured on the company's own assets. In 2018 that was €921,416.
Securities
€856,900
Mortgage mandates, new in 2025. 4.1 times equity · not in the 2024 accounts.
Filings
35 annual accounts since 1991
Nine of the last ten came late. The 2019 accounts came latest: 152 days after the end of the period.
At the same address
141 companies
Board
2 joined · 3 left
Board changed. Latest change 17-03-2026 · 2 in office.
Checked score
84
Excellent
Financially stronger than 43% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,627 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.3 percentage points vs 07-2025
09-2025: 1.3%▲ +0.2 percentage points vs 08-2025
10-2025: 2.1%▲ +0.8 percentage points vs 09-2025
11-2025: 2.2%▲ +0.1 percentage points vs 10-2025
12-2025: 2.6%▲ +0.4 percentage points vs 11-2025highest value
01-2026: 0.7%▼ -1.9 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.7%▼ -0.1 percentage points vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.2 percentage points vs 06-2026
08-2026: 1.1%▲ +0.2 percentage points vs 07-2026
09-2026: 0.3%▼ -0.8 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Last filed accounts filed 24 days late; 2 of the last 3 accounts late
lowers risk
Size: total assets €873,708
Figures for financial year 2025 (filed on 28-08-2026)
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 68, micro). It does better than 44% of them on solvency, 20% on liquidity, 78% on profitability and 32% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as D.A. GESTION has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of D.A. GESTION itself: 0.3% 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 2,613 companies, not a prediction for D.A. GESTION. 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.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.26 in 2024), below the usual 1.5. Short-term debt is 58.5% and cash 4.6% of total assets. 76.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
24 days late
2024
140 days late
2023
92 days late
2022
on the day
2021
61 days late
2020
61 days late
2019
152 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 76 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- IR-IMMO 100%score 90equity €2.2m (2025) · 2025 annual accounts of IR-IMMO
Recent changes
2 directors appointed, 3 resignations
Resignations: GESTBEL, MILE MANAGEMENT and IR-IMMO · Permanent representatives: Jean-Marie LEONARD, Emmanuel MEWISSEN and Nicolas LEONARD · Appointments: Emmanuel MEWISSEN and ARDENT INVEST (managing director) · General meeting of 16-02-2026 · Gazette deed
Registered office moved within Liège
New registered office: Rue des Guillemins 139/9, 4000 Liège · Previous registered office: Place des Guillemins, 5/1A, 4000 Liège · Permanent representatives: Emmanuel MEWISSEN, Nicolas LEONARD and Jean-Marie LEONARD · Board meeting of 16-10-2024 · Gazette deed
3 directors reappointed
IR-IMMO (managing director), GESTBEL and MILE MANAGEMENT (managing director) · Permanent representatives: Nicolas LEONARD, Jean-Marie LEONARD and Emmanuel MEWISSEN · Board meeting of 28-06-2024 · Gazette deed
Demerger: D.A. GESTION splits off to DAGROCOURT
General meeting of 28-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| D.A. GESTION Liège | €873,708 | €173,286 | 23.7% | - |
| N.G. SIMON Verviers | €875,842 | €143,517 | 43.0% | 0.7 |
| ALITTEX Flémalle | €900,143 | €205,844 | -4.0% | - |
| PIGNOSS CERTUS Vilvoorde | €946,116 | €183,520 | 34.2% | - |
| LENGUI Ronse | €793,901 | €157,672 | 45.5% | - |
| INTERFLEX Aalter | €867,562 | €151,341 | 45.5% | 0 |
| ABECO Antwerp | €889,424 | €151,994 | -16.9% | - |
These companies have the same main activity as D.A. GESTION: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €794,000 and €946,000, founded between 1988 and 1995.
Official details
Source: KBO- Status
- Active since 12-11-1990Normal situation
- Registered office
- 142 active companies are registered at this address16 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 2 others
- Establishment unit
- 2.051.131.4154000 Liège, since 25-04-2000
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Turnover
- ≈ €230,000estimated
- Total assets
- €873,708▼ 4.8%
- Filing
- Filed on 24-08-2026
Companies linked to D.A. GESTION
Parent and group
Insights on D.A. GESTION
D.A. GESTION has existed since 1990. In 2014 the gross margin rose from €79,002 to €497,728.
IR-IMMO holds all the shares. In March 2026, three directors stepped down. In March 2026, the Official Gazette published the appointment of ARDENT INVEST as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about D.A. GESTION
- What is the company number of D.A. GESTION?
- The company number of D.A. GESTION is 0442.415.119. The VAT number is the same number with BE in front: BE 0442.415.119.
- Where is D.A. GESTION based?
- The registered office is at Rue des Guillemins 139, 4000 Liège.Company details
- What does D.A. GESTION do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of D.A. GESTION?
- D.A. GESTION is a public limited company (NV).
- When was D.A. GESTION founded?
- D.A. GESTION was founded on 12-11-1990.
- Is D.A. GESTION still active?
- Yes, D.A. GESTION is an active enterprise in the KBO register.
- What is the turnover of D.A. GESTION?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €173,286 and 37 comparable companies (NACE 68203). It probably lies between €190,000 and €370,000.Financials
- Is D.A. GESTION profitable?
- In financial year 2025, D.A. GESTION made a profit of €85,552.
- Where can I find the annual accounts of D.A. GESTION?
- D.A. GESTION filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of D.A. GESTION due?
- D.A. GESTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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