Equity
-€21,502
Debts exceed assets in financial year 2025.
DALVANE
Overview
Lifetime
7 annual accounts with figures on one time axispeak €2,658 (2022)
-€4,711▼ €6,001
lowest -€18,898 (2023)
-€5,039▼ €5,200
peak €17,404 (2019)
-€21,502▼ €5,039
€32,874▲ 20.3%
Board4 names since 2020
1 directorFRANCboubakri MAHDI
Documentsfilings and deeds
29-08-202563 days before the deadline
2025micro format
Gross margin from €1,290 to -€4,711Loss of €5,039Equity from -€16,463 to -€21,502Debts from €27,322 to €32,874Cash from €12 to €6,952
Key points
from the 2025 annual accountsDebts
€32,874 289% of the balance sheet
Suppliers 25%Taxes and wages 66%Other 9%
Of this, €32,873 falls due within a year.
Position in the sector
-189.1%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
2026 accounts not filed, 10 days past the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 14% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, 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: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025highest value
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.2%▼ -0.4 percentage points vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026lowest value
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€21,502
Loss of €5,039 (financial year 2025)
lowers risk
Size: total assets €11,372
Sector: Computer programming, consultancy and related activities (NACE 62)
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 62, micro). It does better than 3% of them on solvency, 27% on liquidity, 5% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-03-2025.
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, 6,008 companies had the same profile as DALVANE has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DALVANE itself is lower: 0.3% within 12 months. It rests on far more data about DALVANE than the profile alone.
Test of the method
The method was tested on the 497,447 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 6,008 companies, not a prediction for DALVANE. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.4 in 2024), below 1. Short-term debt is 289.1% and cash 61.1% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€21,502
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-08-2025, 63 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
not filed
2025
63 days early
2024
20 days early
2023
30 days late
2022
107 days late
2021
32 days early
2020
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0679845878
Registered office moved within Brussels
New registered office: Rue Pépinière 12 à 1000 Bruxelles · Previous registered office: RUE LANGEVELD 67 Bte 6 à 1180 BRUXELLES · General meeting of 01-04-2021 · Gazette deed
1 director appointed, 2 resignations
Appointment: BOUBAKRI MAHDI · Resignations: ZUR WEIZMAN DAVID and FRANCO SILVANA · General meeting of 01-10-2020 · Gazette deed
Incorporation
published on 21-08-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DALVANE Brussels | €11,372 | -€4,711 | -189.1% | - |
| Profila Europe BV Woluwe-Saint-Pierre | €10,532 | -€1,264 | 88.0% | - |
| SPOOTNIK Brussels | €11,377 | -€6,075 | 97.3% | - |
| Studio-Com Multimédia Liège | €12,666 | -€740 | -264.0% | 0 |
| QUALITS Rixensart | €11,054 | -€6,928 | -36.4% | - |
| Logichef Zonhoven | €12,441 | -€3,332 | 91.2% | - |
| LOGIQUEST Zaventem | €13,640 | -€8,245 | 29.2% | - |
These companies have the same main activity as DALVANE: computer programming (NACE 62100). They are comparable in size and age: total assets between €10,500 and €13,600, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 17-08-2017Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.267.277.2081000 Brussels, since 17-08-2017
- Financial year end
- 31 March
- Peppol
- Reachable since 10-04-2026
Annual accounts to 31-03-2025
- -€4,711
- €5,039
- -€21,502▼ 30.6%
- €11,372▲ 4.7%
- Filing
- Filed on 29-08-2025
Insights on DALVANE
DALVANE files the micro format. That format states no turnover. The gross margin fell from €1,751 in 2019 to -€4,711 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-08-2025, 63 days before the deadline-€4,711
▼ €6,001
-€4,711
▼ €5,631
-€5,039
▼ €5,200
-€21,501
▼ €5,038
-189.1%
▼ 37.5 percentage points
0.35
▼ 0.05
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €11,372 on 31-03-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-189.1%
Lower than 95% of 21,208 companies in 2025.
0.35
Lower than 95% of 20,571 companies in 2025.
-44.3%
Lower than 95% of 20,746 companies in 2025.
DALVANE
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
11,372 | 10,860 | 6,653 | 11,087 | 534 | 6,619 | 24,926 | |
21/28 |
- | - | 220 | 440 | 440 | 660 | 879 | |
22/27 |
- | - | 220 | 440 | 440 | 660 | 879 | |
24 |
- | - | 220 | 440 | 440 | 660 | 879 | |
29/58 |
11,372 | 10,860 | 6,433 | 10,647 | 94 | 5,959 | 24,046 | |
40/41 |
4,421 | 10,848 | - | 3,300 | - | 2,313 | 3,622 | |
40 |
631 | 9,456 | - | 3,300 | - | - | 2,338 | |
41 |
3,790 | 1,392 | - | - | - | 2,313 | 1,284 | |
54/58 |
6,952 | 12 | 291 | 6,347 | 94 | 3,646 | 20,425 | |
490/1 |
0 | - | 6,142 | 1,000 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
11,372 | 10,860 | 6,653 | 11,087 | 534 | 6,619 | 24,926 | |
10/15 |
-21,502 | -16,463 | -16,624 | 2,274 | -140 | 3,416 | 17,404 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | |
14 |
-40,102 | -35,063 | -35,224 | -16,326 | -18,740 | -15,184 | -1,196 | |
17/49 |
32,874 | 27,322 | 23,277 | 8,813 | 674 | 3,203 | 7,522 | |
42/48 |
32,873 | 27,322 | 22,747 | 8,813 | 674 | 3,203 | 7,522 | |
44 |
8,199 | 8,053 | - | 6,089 | 41 | 285 | 5,006 | |
440/4 |
8,199 | 8,053 | - | 6,089 | 41 | 285 | 5,006 | |
45 |
21,674 | 19,270 | 10,998 | 2,305 | 215 | - | 2,516 | |
450/3 |
21,674 | 19,270 | 10,998 | 2,305 | 215 | - | - | |
454/9 |
- | - | - | - | - | - | 2,516 | |
47/48 |
3,000 | - | 11,749 | 418 | 418 | 2,918 | - | |
492/3 |
1 | - | 529 | - | - | - | - | |
| Income statement | ||||||||
9900 |
-4,711 | 1,290 | -18,372 | 2,658 | -3,256 | -11,030 | 1,751 | |
62 |
- | - | - | - | - | 28 | - | |
630 |
- | 220 | 220 | - | 220 | 220 | 220 | |
640/8 |
- | 150 | - | - | - | 260 | 1,521 | |
9901 |
-4,711 | 920 | -18,592 | 2,658 | -3,476 | -11,537 | 10 | |
75/76B |
- | - | 11 | - | - | - | - | |
75 |
- | - | 11 | - | - | - | - | |
65/66B |
329 | 759 | 317 | 245 | 80 | 193 | 1,206 | |
65 |
329 | 759 | 317 | 245 | 80 | 193 | 1,206 | |
9903 |
-5,039 | 161 | -18,898 | 2,414 | -3,556 | -11,730 | -1,196 | |
67/77 |
- | - | - | - | - | 2,258 | - | |
9904 |
-5,039 | 161 | -18,898 | 2,414 | -3,556 | -13,989 | -1,196 | |
9905 |
-5,039 | 161 | -18,898 | 2,414 | -3,556 | -13,989 | -1,196 | |
| Appropriation of the result | ||||||||
9906 |
-40,102 | -35,063 | -35,224 | -16,326 | -18,740 | -15,184 | -1,196 | |
14P |
-35,063 | -35,224 | -16,326 | -18,740 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 29-08-2025 | 2025-00440209 | |
| 31-03-2024 | micro format | 11-10-2024 | 2024-00507742 | |
| 31-03-2023 | micro format | 30-11-2023 | 2023-00519286 | |
| 31-03-2022 | micro format | 15-02-2023 | 2023-00027705 | |
| 31-03-2021 | micro format | 29-09-2021 | 2021-70100390 | |
| 31-03-2020 | micro format | 27-09-2020 | 2020-56400450 | |
| 31-03-2019 | micro format | 20-10-2019 | 2019-70900233 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| - | 1,140 | -18,372 | - | -3,256 | -11,317 | 230 | ||
| - | 381 | -18,678 | - | -3,336 | -13,769 | -976 | ||
| - | 0 | 0 | - | 0 | 0 | 1,099 | ||
| 6,940 | -279 | -6,056 | 6,253 | -3,552 | -16,779 | - | ||
| -21,501 | -16,463 | -16,314 | 1,834 | -580 | 2,756 | 16,525 | ||
| -189.1% | -151.6% | -249.9% | 20.5% | - | 51.6% | 69.8% | ||
| 0.35 | 0.40 | 0.28 | 1.21 | - | 1.86 | 3.20 | ||
| - | - | - | 3.88 | - | 0.94 | 0.43 | ||
| - | - | - | 106.2% | - | -409.5% | -6.9% | ||
| -44.3% | 1.5% | -284.1% | 21.8% | - | -211.3% | -4.8% | ||
| - | 1.50 | -57.88 | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on DALVANE
The operating result for 2025 is a loss of €4,711, after a profit of €920 in 2024.
Equity is negative. Debt (€32,874) exceeds the balance-sheet total (€11,372).
Board & ownership
Board
1 director, last change in 2020Mandates through the years
4 names, the dashed line is todayBoardEarliermandate already running before its first mentionend not dated
Mandates as a list
- FRANCboubakri MAHDI
- Director, since before 31-03-2025
- BOUBAKRI MAHDI
- Director, appointed by deed of 19-11-2020, no longer listed in the 2025 annual accounts
- FRANCO SILVANA
- Board, until 01-10-2020
- ZUR WEIZMAN DAVID
- Board, until 01-10-2020
Control
Capital
- Contribution
- €18,600
- Source
- 2025 annual accounts
Network & group
No group
DALVANE has no parent and no holdings in its annual accounts. FRANCboubakri MAHDI is the only director. DALVANE shares no director with another company.
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Timeline
Timeline
16 events since 2017Board
Filings
Financial
Establishments
Address
20182020202220242026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0679845878
2025
Annual accounts 2025 filed PDFmicro format · 63 days before the deadline
2024
Annual accounts 2024 filed PDFmicro format · 20 days before the deadline
Back to profit net €161 The net result is €161, after one loss-making year.
2023
Annual accounts 2023 filed PDFmicro format · 30 days late
Weakest financial year net -€18,898 The net result drops to -€18,898, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 107 days late
2022
Back to profit net €2,414 The net result is €2,414, after 3 loss-making years.
Liquidity more than 8 times current ratio 1.21 The current ratio rises from 0.14 to 1.21.
2021
Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
Registered office moved within BrusselsNew registered office: Rue Pépinière 12 à 1000 Bruxelles · Previous registered office: RUE LANGEVELD 67 Bte 6 à 1180 BRUXELLES · General meeting of 01-04-20212 points ▸
- General meeting, 01-04-2021
- Registered-office move, Rue Pépinière 12 à 1000 Bruxelles
2020
1 director appointed, 2 resignationsAppointment: BOUBAKRI MAHDI · Resignations: ZUR WEIZMAN DAVID and FRANCO SILVANA · General meeting of 01-10-20204 points ▸
- General meeting, 01-10-2020
- Director appointment, BOUBAKRI MAHDI
- Director resignation, ZUR WEIZMAN DAVID
- Director resignation, FRANCO SILVANA
Annual accounts 2020 filed PDFmicro format · 34 days before the deadline
2019
Annual accounts 2019 filed PDFmicro format · 11 days before the deadline
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0679.845.878
- VAT number
- BE 0679.845.878
- Peppol ID
- 0208:0679845878
- Other Peppol ID
- 9925:BE0679845878
- Legal form
- Private limited company (pre-2019)
- Status
- Active, normal situation
- Founded
- 17-08-2017
- Financial year
- ends on 31 March
- Peppol
- Reachable since 10-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DALVANE in French
- Entity type
- Legal entity
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
70210
Activities of head offices; management consultancy activities
74909
Other professional, scientific and technical activities
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Boomkwekerijstraat 12 registered office 1000 Brussels | 17-08-2017 | 2.267.277.208 |
1 former office
- RUE LANGEVELD 67 Bte 6, 1180 Bruxelles until 01-04-2021 · deed of 09-07-2021
Buildings and parcels at the address
- Ground area
- 935 m²
- Buildings
- 150 m²
- Volume, LiDAR
- 2,270 m³
- Tallest building
- 21.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21804D1535/00A000 | 935 m² | 1 · 150 m² | 21.1 m · 6 |