DAVAI INVESTMENTS
InactiveDAVAI INVESTMENTS was declared bankrupt on 14-04-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 18-11-2025, published in the Belgian State Gazette on 26-11-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline21-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 12-09-2018, 43 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Turnover
€453k▲ 4.2%
2013 · €435k
2013: €435k
2013 → 2014
EBIT margin
-15.1%▼ 2.9pp
2013 · -12.2%
2013: -12.2%
2013 → 2014
Net result
€-82k▲ 6.3%
2016 · €-87k
2013: €-62k
2014: €-92k
2016: €-87k
2013 → 2017
Working capital
€-821k▼ 5.9%
2016 · €-776k
2013: €-450k
2014: €-551k
2016: €-776k
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2013201420162017Trend
Turnover€435k-€453k▲ 4.2%
Equity€-161k-€-252k▼ 57.3%€-478k▼ 89.4%€-560k▼ 17.1%
Operating result€-53k-€-68k▼ 29.2%€-79k▼ 15.6%€-78k▲ 1.7%
Net result€-62k-€-92k▼ 47.2%€-87k▲ 5.2%€-82k▲ 6.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €78k in 2017 against €79k in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €294k
Fixed assets
€261k▼ 12.2%
Current assets
€33k▼ 32.5%
Key figures and ratios
EBITDA
€-36k▲
2016 · €-38k
Cash flow
€-40k▲
2016 · €-46k
Solvency
-190.4%▼
2016 · -138.2%
Current ratio
0.04▼
2016 · 0.06
Quick ratio
0.01▼
2016 · 0.03
ROA
-27.8%▼
2016 · -25.2%
Debt
€854k▲
2016 · €824k
Debt ≤ 1 year
€854k▲
2016 · €824k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€346k€294k▼
Fixed assets21/28€298k€261k▼
Tangible fixed assets22/27€220k€184k▼
Financial fixed assets28€78k€78k=
Current assets29/58€48k€33k▼
Stocks and contracts in progress3€27k€27k▲
Amounts receivable within one year40/41€6k€3k▼
Cash at bank and in hand54/58€14k€2k▼
Equity and liabilities
Total equity and liabilities10/49€346k€294k▼
Equity10/15€-478k€-560k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-497k€-579k▼
Amounts payable17/49€824k€854k▲
Amounts payable within one year42/48€824k€854k▲
Trade debts44€88k€92k▲
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€42k▲
Gross operating margin9900€35k€7k▼
Operating profit (loss)9901€-79k€-78k▲
Recurring financial income75€131€19▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€-87k€-82k▲
Profit (loss) for the period9904€-87k€-82k▲
Profit (loss) for the period to be appropriated9905€-87k€-82k▲
Timeline · acts, filings and financial milestones
2025
26-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · DAVAI INVEST- MENTS SPRL PLACE DU CHAMP DE MARS 5, 1050 IXELLES. déclarée le 14 avril 2022 · event 18-11-2025
2022
21-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · DAVAI INVESTMENTS SPRL PLACE DU CHAMP DE MARS 5, 1050 IXELLES · event 14-04-2022
2018
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 43 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
31-12
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
06-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GUY KELDER PLACE GUY D’AREZZO 18,
1180 BRUXELLES 18 |
14-04-2022 → present |