Result
€40,872 ▼ 57.9%
The result fell in 2024 from €96,980 to €40,872.
DAVAL CONCEPT
Overview
Lifetime
2 annual accounts with figures on one time axispeak €122,410 (2023)
€52,383▼ 57.2%
peak €96,980 (2023)
€40,872▼ 57.9%
peak €139,852 (2024)
€139,852▲ 41.3%
€32,738▲ 6.5%
Board1 name since 2023
1 directorTURCU Laurentiu
Documentsfilings and deeds
28-08-202528 days late
2024micro format
Gross margin from €122,410 to €52,383Result from €96,980 to €40,872Equity from €98,980 to €139,852Cash from €409 to €0
Key points
from the 2024 annual accountsTurnover
≈ €270,000 estimated
The micro format states no turnover.
Position in the sector
81.0%
Higher solvency than 88% of companies in construction of buildings. Sector median 42.3% · 9,833 companies.
2025 accounts not filed, 100 days past the deadline
Checked score
34
Weak
Financially stronger than 73% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
11.3% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.4%lowest value
01-2025: 8.7%▲ +0.3 percentage points vs 12-2024
02-2025: 9.0%▲ +0.3 percentage points vs 01-2025
03-2025: 9.0%● unchanged vs 02-2025
04-2025: 9.0%● unchanged vs 03-2025
05-2025: 8.8%▼ -0.2 percentage points vs 04-2025
06-2025: 8.8%● unchanged vs 05-2025
07-2025: 9.1%▲ +0.3 percentage points vs 06-2025
08-2025: 9.7%▲ +0.6 percentage points vs 07-2025
09-2025: 9.0%▼ -0.7 percentage points vs 08-2025
10-2025: 9.0%● unchanged vs 09-2025
11-2025: 9.0%● unchanged vs 10-2025
12-2025: 9.0%● unchanged vs 11-2025
01-2026: 9.0%● unchanged vs 12-2025
02-2026: 9.2%▲ +0.2 percentage points vs 01-2026
03-2026: 9.2%● unchanged vs 02-2026
04-2026: 9.2%● unchanged vs 03-2026
05-2026: 9.3%▲ +0.1 percentage points vs 04-2026
06-2026: 9.2%▼ -0.1 percentage points vs 05-2026
07-2026: 9.0%▼ -0.2 percentage points vs 06-2026
08-2026: 9.7%▲ +0.7 percentage points vs 07-2026
09-2026: 10.1%▲ +0.4 percentage points vs 08-2026
10-2026: 11.3%▲ +1.2 percentage points vs 09-2026highest value
11-2026: 11.3%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
No registered site in the KBO
Size: total assets €172,590
Liquidity: current ratio 5.14, cash €0, halved
1 financial year not filed after the legal deadline; last filed accounts filed 28 days late; 1 of the last 3 accounts late
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 41, micro). It does better than 92% of them on solvency, 43% on liquidity, 82% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 39,278 companies had the same profile as DAVAL CONCEPT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DAVAL CONCEPT itself is higher: 11.3% within 12 months. It rests on far more data about DAVAL CONCEPT 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 39,278 companies, not a prediction for DAVAL CONCEPT. 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 €4,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 5.14 (4.04 in 2023), above the usual 1.5. Short-term debt is 19% and cash 0% of total assets. 19% of the assets are financed with debt and provisions.
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.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
28 days late
2023
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 41 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Recent changes
Incorporation
Founding capital of €2,000, 100 shares · Founder: TURCU Laurentiu · Appointment: TURCU Laurentiu (director) · published on 18-07-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAVAL CONCEPT Grimbergen | €172,590 | €52,383 | 81.0% | - |
| LIAN PROJECT Grimbergen | €173,607 | €55,794 | 46.6% | - |
| LARY HAIR Grimbergen | €169,504 | €41,410 | 41.5% | - |
| REBUILDEX Boortmeerbeek | €168,113 | €52,111 | 26.2% | - |
| RUDI CHAPE Sint-Pieters-Leeuw | €187,257 | €48,649 | 19.5% | - |
| ECO WOOD CONSTRUCTION Zaventem | €158,902 | €51,391 | 20.6% | - |
| QM TOITURE Overijse | €166,347 | €57,877 | 6.1% | - |
These companies have the same main activity as DAVAL CONCEPT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €159,000 and €187,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 14-07-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2024
- €52,383▼ 57.2%
- €40,872▼ 57.9%
- €139,852▲ 41.3%
- €172,590▲ 33.1%
- Filing
- Filed on 28-08-2025
Insights on DAVAL CONCEPT
The computed 12-month bankruptcy probability of DAVAL CONCEPT is 11.3% (high). The 2024 annual accounts show equity of €139,852 and a net result of €40,872.
Its solvency ranks better than 89% of 9,833 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 28-08-2025, 28 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 8 November 2026.
€52,383
▼ 57.2%
€50,979
▼ 58.0%
€40,872
▼ 57.9%
€135,672
▲ 45.2%
81.0%
▲ 4.7 percentage points
5.14
▲ 1.10
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €270,000. Estimated: probably between €200,000 and €450,000.
Balance sheet
balance sheet total €172,590 on 31-12-2024What the company ownsHow it is paid for
in euro
in euro
Position in the sector
81.0%
Higher than 89% of 9,833 companies in 2024.
5.14
Higher than 88% of 9,553 companies in 2024.
23.7%
Higher than 79% of 9,646 companies in 2024.
DAVAL CONCEPT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
172,590 | 129,714 | |
21/28 |
4,181 | 5,514 | |
22/27 |
4,181 | 5,514 | |
24 |
4,181 | 5,514 | |
29/58 |
168,410 | 124,200 | |
29 |
159,000 | - | |
291 |
159,000 | - | |
40/41 |
5,435 | 123,792 | |
40 |
4,805 | - | |
41 |
629 | 123,792 | |
54/58 |
0 | 409 | |
490/1 |
3,975 | - | |
| Balance sheet: equity and liabilities | |||
10/49 |
172,590 | 129,714 | |
10/15 |
139,852 | 98,980 | |
10/11 |
2,000 | 2,000 | |
14 |
137,852 | 96,980 | |
17/49 |
32,738 | 30,734 | |
42/48 |
32,738 | 30,734 | |
43 |
1,249 | - | |
430/8 |
1,249 | - | |
44 |
2,680 | 6,484 | |
440/4 |
2,680 | 6,484 | |
45 |
27,940 | 24,250 | |
450/3 |
27,940 | 24,250 | |
47/48 |
869 | - | |
| Income statement | |||
9900 |
52,383 | 122,410 | |
62 |
- | 663 | |
630 |
1,333 | 486 | |
640/8 |
70 | - | |
9901 |
50,979 | 121,260 | |
75/76B |
3,975 | - | |
75 |
3,975 | - | |
65/66B |
83 | 30 | |
65 |
83 | 30 | |
9903 |
54,872 | 121,230 | |
67/77 |
14,000 | 24,250 | |
9904 |
40,872 | 96,980 | |
9905 |
40,872 | 96,980 | |
| Appropriation of the result | |||
9906 |
137,852 | 96,980 | |
14P |
96,980 | - | |
| Document | |||
The notes to these accounts have 4 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 2024 (PDF), filed on 28-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| 52,313 | 121,747 | ||
| 42,205 | 97,466 | ||
| 0 | 6,000 | ||
| -409 | - | ||
| 135,672 | 93,466 | ||
| 81.0% | 76.3% | ||
| 5.14 | 4.04 | ||
| 0.23 | 0.31 | ||
| 29.2% | 98.0% | ||
| 23.7% | 74.8% | ||
| over 100 | over 100 |
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.
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | - | €6,000 |
| €1,333 | €486 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on DAVAL CONCEPT
The operating result for 2024 is 58% lower than in 2023.
Debt's share of the balance-sheet total falls from 23.7% to 19.0%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
since 13-07-2023
term without a fixed end
listed in the 2024 annual accounts, filed on 28-08-2025
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “In dit geval bekrachtigt de eerstvolgende algemene vergadering al dan niet het mandaat van de gecoöpteerde bestuurder. De bestuurder…”deed of 18-07-2023
Mandates through the years
1 name, the dashed line is todayControl
Founder
TURCU Laurentiu
This company
DAVAL CONCEPT
Equity €139,852
Profit €40,872 in 2024
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €1,399 in 2024
- Source
- deed of 18-07-2023
Articles of association
deed of 18-07-2023 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Wednesday of June at 19:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Founder
At incorporation
deed of 18-07-2023 ↗
- TURCU Laurentiu sole founder · 100% at incorporation
Network & group
No group
DAVAL CONCEPT has no parent and no holdings in its annual accounts. TURCU Laurentiu is the only director. DAVAL CONCEPT shares no director with another company.
At the same address
Begonialaan 5, 1853 Grimbergen · 1 other company| Turcu, Laurentiu (sole trader)
establishment since 11-02-2013 |
founded in 2013 0503.971.913 |
Timeline
Timeline
4 events since 2023Filings
Financial
2023202420252026
2025
Annual accounts 2024 filed PDFmicro format · 28 days late
2024
Equity above €100,000 equity €139,852 ▲41.3% With a profit in every financial year since 2023, equity grows to €139,852.
Annual accounts 2023 filed PDFmicro format · 54 days late
2023
IncorporationFounding capital of €2,000, 100 shares · Founder: TURCU Laurentiu · Appointment: TURCU Laurentiu (director) · published on 18-07-20234 points ▸
- Founder, TURCU Laurentiu
- Founding capital, €2,000, 100 shares
- Registered office clause, Begonialaan 5 bus 101, 1853 Strombeek-Bever
- Director appointment, TURCU Laurentiu
- The deed holds 5 more points.
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
- 0803.989.250
- VAT number
- BE 0803.989.250
- Peppol ID
- 0208:0803989250
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-07-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Wednesday of June at 19:00deed of 18-07-2023 (in Dutch)
- Peppol
- Reachable via PeppolFollow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DAVAL CONCEPT in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 18-07-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Activiteiten van beheer van werven, algemene coördinatie (veiligheid en gezondheid) op werven voor bouw- en renovatiewerken; De studie en…”deed of 18-07-2023 (in Dutch)
11 activities
- Activiteiten van beheer van werven, algemene coördinatie (veiligheid en gezondheid) op werven voor bouw- en renovatiewerken
- De studie en verwezenlijking van alle bouwwerken, openbare en private, als algemene aannemer of in onderaanneming, het ontwerp en de bouw van alle gebouwen en bouwwerken, de studie en verwezenlijking van alle binnen- en buitendecoratie
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op onderhoud, renovatie, herstel, verfraaiing, vernieuwing en modernisering, onderhoud van alle types kunstwerken, onroerende goederen, en meer in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op de sectoren van openbare en private werken en van de bouw
- Het verstrekken van technisch, administratief en commercieel advies en bijstand aan alle vennootschappen en ondernemingen, voor alles wat betrekking heeft op de vastgoedsector; de aankoop van alle gronden, de bouw van alle openbare en particuliere gebouwen, de aankoop, verkoop, verhuur, verdeling en verkaveling van alle onroerende goederen
- Het in overweging nemen van alle werken met betrekking tot de verdeling van water, gas, elektriciteit, enz… de bouw en exploitatie van alle transportmiddelen, havens, kanalen, wegen, enz.
- De aankoop, verkoop, verhuur, import, export van alle materialen, goederen, toestellen en tools, nodig voor werken van bouw, onderhoud, herstel en vernieuwing van kunstwerken en gebouwen
- Het voorbereiden, opstellen en sluiten als gevolmachtigde of voor eigen rekening, van alle opdrachten voor openbare of private werken of levering van diensten en alle verrichtingen die met deze doelstellingen in verband staan
- Alle bedekkingswerken, het monteren van gebinten, bedekkingswerken in alle materialen, het plaatsen van afvoeren voor regenwater, het waterdicht maken van muren, daken en platte daken, de behandeling van muren met waterafstotende middelen
- Algemene aanneming van zinkwerken en van metalen bedekkingen, van niet-metalen bedekkingen van gebouwen, alle bedekkingswerken, bedekking in alle materialen
- Voorbereiding, onderhoud, bouw, inrichting, isolatie van allerlei dakconstructies
- Activiteiten van algemene aanneming, met inbegrip van doch niet beperkt tot ruwbouw (metselwerk, betonwerk en afbraakwerken), bepleistering, cementering en het leggen van dekvloeren, het plaatsen van tegels, marmer en natuursteen, timmerwerk en beglazing, afwerking (schilderen, behangen, plaatsen van zachte vloerbekleding), het installeren van centrale verwarming, airconditioning, gas en sanitair
Registered office and establishments
| Begonialaan 5 registered office 1853 Grimbergen |
Buildings and parcels at the address
- Ground area
- 323 m²
- Buildings
- 174 m²
- Volume, LiDAR
- 1,947 m³
- Tallest building
- 13.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23084A0271/00D004 | 323 m² | 1 · 173 m² | 13.8 m · 4 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.989.250