DA - VANTAGE
ActiveSummary
DA - VANTAGE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.78M and a net result of €135k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 60% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-24
Solvency90▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 6.47 against 4.11 in 2024; short-term debt: 4% and cash: 4.1% of total assets), and 35.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
64.7%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
22 d late
2023
28 d early
2022
18 d early
2021
4 d early
2020
86 d late
2019
91 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€135k▼ 85.3%
2024 · €913k
2018: €98k
2019: €121k
2020: €154k
2021: €149k
2022: €-178k
2023: €604k
2024: €913k
2018 → 2025
Working capital
€947k▲ 3.6%
2024 · €913k
2018: €31k
2019: €-29k
2020: €-91k
2021: €62k
2022: €98k
2023: €117k
2024: €913k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.31M-€1.13M▼ 13.6%€1.73M▲ 53.4%€2.65M▲ 52.7%€2.78M▲ 5.1%
Operating result€205k-€364k▲ 77.2%€346k▼ 4.9%€1.20M▲ 247%€206k▼ 82.8%
Net result€149k-€-178k€604k€913k▲ 51.3%€135k▼ 85.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.30M
Fixed assets
€3.18M ▼ 2.5%
Current assets
€1.12M ▼ 7.2%
Equity and liabilities €4.30M
Equity
€2.78M ▲ 5.1%
Provisions
€202k ▼ 4.5%
Debt
€1.32M ▼ 18.2%
Debt's share of the balance-sheet total falls from 36.0% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€288k▼
2024 · €1.25M
Cash flow
€216k▼
2024 · €962k
Current ratio
6.47▲
2024 · 4.11
Debt to equity
0.47▼
2024 · 0.61
ROE
4.8%▼
2024 · 34.5%
ROA
3.1%▼
2024 · 20.4%
Interest coverage
5.64▼
2024 · 40.80
Debt ≤ 1 year
€173k▼
2024 · €293k
Debt > 1 year
€1.11M▼
2024 · €1.28M
Income taxes
€36k▼
2024 · €54k
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 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.47M€4.30M▼
Fixed assets21/28€3.26M€3.18M▼
Tangible fixed assets22/27€1.56M€1.48M▼
Land and buildings22€1.47M€1.42M▼
Furniture and vehicles24€2k€110▼
Leasing and similar rights25€91k€63k▼
Financial fixed assets28€1.70M€1.70M=
Current assets29/58€1.21M€1.12M▼
Amounts receivable after more than one year29€827k€528k▼
Other amounts receivable291€827k€528k▼
Amounts receivable within one year40/41€305k€408k▲
Trade receivables40€272k€397k▲
Other amounts receivable41€33k€11k▼
Cash at bank and in hand54/58€67k€176k▲
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€4.47M€4.30M▼
Equity10/15€2.65M€2.78M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€641k€612k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€634k€606k▼
Profit (loss) carried forward14€1.94M€2.11M▲
Provisions and deferred taxes16€211k€202k▼
Deferred taxes168€211k€202k▼
Amounts payable17/49€1.61M€1.32M▼
Amounts payable after more than one year17€1.28M€1.11M▼
Financial debts170/4€1.20M€1.09M▼
Other amounts payable178/9€81k€20k▼
Amounts payable within one year42/48€293k€173k▼
Current portion of amounts payable after more than one year42€111k€112k▲
Financial debts43€75k-
Credit institutions430/8€75k-
Trade debts44€10k€18k▲
Suppliers440/4€10k€18k▲
Taxes, remuneration and social security45€27k€43k▲
Taxes450/3€26k€43k▲
Remuneration and social security454/9€757-
Other amounts payable47/48€71k-
Accrued charges and deferred income492/3€32k€32k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€81k▲
Other operating charges640/8€41k€11k▼
Gross operating margin9900€1.29M€298k▼
Operating profit (loss)9901€1.20M€206k▼
Financial income75/76B€11k€5k▼
Recurring financial income75€11k€5k▼
Financial charges65/66B€31k€51k▲
Recurring financial charges65€31k€51k▲
Profit (loss) for the period before taxes9903€1.18M€161k▼
Transfer from deferred taxes780€5k€10k▲
Transfer to deferred taxes680€216k-
Income taxes67/77€54k€36k▼
Profit (loss) for the period9904€913k€135k▼
Transfer from tax-exempt reserves789€14k€29k▲
Transfer to tax-exempt reserves689€648k-
Profit (loss) for the period to be appropriated9905€279k€163k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.94M€2.11M▲
Profit (loss) brought forward from the previous period14P€1.67M€1.94M▲
The notes to these accounts (9 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
31-12
Financial
Highest result since 2018net €913k ▲51.3%
Operating result €1.20M, net result €913k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.11
Current ratio from 1.25 to 4.11; short-term debt falls from €473k to €293k.
31-12
Financial
Equity above €2MEq €2.65M ▲52.7%
2 profitable years in a row build equity to €2.65M.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €604k
Net result €604k after one loss-making year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-178k ▼220%
Net result drops to €-178k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Show earlier events
2019
31-12
Financial
Equity above €1MEq €1.00M ▲8.2%
2 profitable years in a row build equity to €1.00M.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Brussel · 1 establishment unit since 1993
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.
Rupelstraat 11000 BrusselGround area
3.0 ha
Building footprint
4,226 m²
Volume, LiDAR
16,034 m³
Parcel 21813F0588/00Y000, Brussels · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DA-VANTAGE NV
since 19932.064.345.585
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0588/00Y000 | Brussels | 3.0 ha | 1 · 4,226 m² | 5.1 m · 1 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 16,601 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 formPublic limited company
Founded21-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.