DAVANY
ActiveSummary
The computed 12-month bankruptcy probability of DAVANY is 2.5% (moderate). The 2024 annual accounts show equity of €61k and a net result of €-6k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 60% of 9982 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability14▼-22
Solvency77▲+1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 3.48 against 1.99 in 2023; short-term debt: 28.3% and cash: 0.6% of total assets), and 48.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
51.9%
Return on assets
-5.3%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
60 d late
2021
61 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€61k▼ 9.3%
2023 · €68k
2018: €64k
2019: €74k▲ +16.1% vs 2018
2020: €75k▲ +0.9% vs 2019highest in 7 years
2021: €64k▼ -14.3% vs 2020
2022: €69k▲ +8.3% vs 2021
2023: €68k▼ -2.4% vs 2022
2024: €61k▼ -9.3% vs 2023lowest in 7 years
2018 → 2024
Total assets
€118k▼ 10.6%
2023 · €132k
2018: €106klowest in 7 years
2019: €120k▲ +13.3% vs 2018
2020: €114k▼ -4.8% vs 2019
2021: €109k▼ -4.7% vs 2020
2022: €134k▲ +23.2% vs 2021highest in 7 years
2023: €132k▼ -1.6% vs 2022
2024: €118k▼ -10.6% vs 2023
2018 → 2024
Net result
€-6k▼ 274%
2023 · €-2k
2018: €23khighest in 7 years
2019: €10k▼ -55.4% vs 2018
2020: €633▼ -93.8% vs 2019
2021: €-11k▼ -1784% vs 2020lowest in 7 years
2022: €5k▲ +150% vs 2021
2023: €-2k▼ -132% vs 2022
2024: €-6k▼ -274% vs 2023
2018 → 2024
Working capital
€83k▲ 29.3%
2023 · €64k
2018: €48k
2019: €40k▼ -17.4% vs 2018lowest in 7 years
2020: €57k▲ +42.4% vs 2019
2021: €49k▼ -14.2% vs 2020
2022: €61k▲ +25.5% vs 2021
2023: €64k▲ +4.8% vs 2022
2024: €83k▲ +29.3% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€75k-€64k▼ 14.3%€69k▲ 8.3%€68k▼ 2.4%€61k▼ 9.3%
2020: €75khighest in 5 years
2021: €64k▼ -14.3% vs 2020
2022: €69k▲ +8.3% vs 2021
2023: €68k▼ -2.4% vs 2022
2024: €61k▼ -9.3% vs 2023lowest in 5 years
Operating result€10k-€-3k€24k€10k▼ 58.7%€-986
2020: €10k
2021: €-3k▼ -128% vs 2020lowest in 5 years
2022: €24k▲ +976% vs 2021highest in 5 years
2023: €10k▼ -58.7% vs 2022
2024: €-986▼ -110% vs 2023
Net result€633-€-11k€5k€-2k€-6k▼ 274%
2020: €633
2021: €-11k▼ -1784% vs 2020lowest in 5 years
2022: €5k▲ +150% vs 2021highest in 5 years
2023: €-2k▼ -132% vs 2022
2024: €-6k▼ -274% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €986 after €10k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118k
Fixed assets
€2k ▼ 49.9%
Current assets
€116k ▼ 9.5%
Equity and liabilities €118k
Equity
€61k ▼ 9.3%
Debt
€57k ▼ 11.9%
Debt's share of the balance-sheet total falls from 48.8% to 48.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€762▼
2023 · €17k
Cash flow
€-5k▼
2023 · €6k
Current ratio
3.48▲
2023 · 1.99
Debt to equity
0.93▼
2023 · 0.95
ROE
-10.3%▼
2023 · -2.5%
ROA
-5.3%▼
2023 · -1.3%
Interest coverage
0.25▼
2023 · 2.21
Debt ≤ 1 year
€33k▼
2023 · €64k
Debt > 1 year
€23k
Income taxes
€2k▼
2023 · €4k
Staff costs
€13
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€132k€118k▼
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Financial fixed assets28€22€17▼
Current assets29/58€128k€116k▼
Amounts receivable within one year40/41€127k€108k▼
Trade receivables40€117k€98k▼
Other amounts receivable41€11k€10k▼
Cash at bank and in hand54/58€654€654=
Deferred charges and accrued income490/1€732€8k▲
Equity and liabilities
Total equity and liabilities10/49€132k€118k▼
Equity10/15€68k€61k▼
Contributions10/11€9k€9k=
Reserves13€5k€5k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k€3k=
Profit (loss) carried forward14€54k€48k▼
Amounts payable17/49€64k€57k▼
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€64k€33k▼
Current portion of amounts payable after more than one year42-€7k
Financial debts43€10k€9k▼
Credit institutions430/8€10k€9k▼
Trade debts44€45k€15k▼
Suppliers440/4€45k€15k▼
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€9k€2k▼
Other amounts payable47/48€1k-
Income statement
Code20232024
Remuneration, social security and pensions62-€13
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€20k€3k▼
Operating profit (loss)9901€10k€-986▼
Financial income75/76B-€211
Recurring financial income75-€211
Financial charges65/66B€8k€3k▼
Recurring financial charges65€8k€3k▼
Profit (loss) for the period before taxes9903€2k€-4k▼
Income taxes67/77€4k€2k▼
Profit (loss) for the period9904€-2k€-6k▼
Profit (loss) for the period to be appropriated9905€-2k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€48k▼
Profit (loss) brought forward from the previous period14P€56k€54k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2k | €2k | - | €13 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €8k | €9k | €7k | €2k | ▼ 76.4% |
| Other operating charges640/8 | - | €4k | €2k | €3k | €2k | ▼ 21.5% |
| Gross operating margin9900 | €25k | €12k | €37k | €20k | €3k | ▼ 85.9% |
| Operating profit (loss)9901 | €10k | €-3k | €24k | €10k | €-986 | ▼ 110% |
| Financial income75/76B | - | €37 | €109 | - | €211 | - |
| Recurring financial income75 | €112 | €37 | €109 | - | €211 | - |
| Financial charges65/66B | - | €7k | €13k | €8k | €3k | ▼ 60.5% |
| Recurring financial charges65 | €7k | €7k | €13k | €8k | €3k | ▼ 60.5% |
| Profit (loss) for the period before taxes9903 | €3k | €-10k | €11k | €2k | €-4k | ▼ 288% |
| Income taxes67/77 | €2k | €554 | €5k | €4k | €2k | ▼ 35.2% |
| Profit (loss) for the period9904 | €633 | €-11k | €5k | €-2k | €-6k | ▼ 274% |
| Profit (loss) for the period to be appropriated9905 | €633 | €-11k | €5k | €-2k | €-6k | ▼ 274% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114k | €109k | €134k | €132k | €118k | ▼ 10.6% |
| Fixed assets21/28 | €24k | €15k | €8k | €4k | €2k | ▼ 49.9% |
| Tangible fixed assets22/27 | €24k | €15k | €8k | €3k | €2k | ▼ 50.1% |
| Plant, machinery and equipment23 | - | €1k | €2k | €3k | €2k | ▼ 50.1% |
| Furniture and vehicles24 | - | €14k | €6k | - | - | - |
| Financial fixed assets28 | €280 | - | €22 | €22 | €17 | ▼ 22.4% |
| Current assets29/58 | €90k | €94k | €126k | €128k | €116k | ▼ 9.5% |
| Amounts receivable within one year40/41 | €76k | €81k | €120k | €127k | €108k | ▼ 15.1% |
| Trade receivables40 | - | €69k | €94k | €117k | €98k | ▼ 15.7% |
| Other amounts receivable41 | - | €12k | €26k | €11k | €10k | ▼ 8.9% |
| Cash at bank and in hand54/58 | €1k | €2k | €675 | €654 | €654 | = |
| Deferred charges and accrued income490/1 | - | €11k | €5k | €732 | €8k | ▲ 959% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114k | €109k | €134k | €132k | €118k | ▼ 10.6% |
| Equity10/15 | €75k | €64k | €69k | €68k | €61k | ▼ 9.3% |
| Contributions10/11 | - | €9k | €9k | €9k | €9k | = |
| Reserves13 | €5k | €5k | €5k | €5k | €5k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €61k | €50k | €56k | €54k | €48k | ▼ 11.7% |
| Amounts payable17/49 | €40k | €45k | €65k | €64k | €57k | ▼ 11.9% |
| Amounts payable after more than one year17 | €6k | - | - | - | €23k | - |
| Financial debts170/4 | - | - | - | - | €23k | - |
| Amounts payable within one year42/48 | €34k | €45k | €65k | €64k | €33k | ▼ 48.1% |
| Current portion of amounts payable after more than one year42 | - | €6k | - | - | €7k | - |
| Financial debts43 | - | €7k | €8k | €10k | €9k | ▼ 8.5% |
| Credit institutions430/8 | - | €7k | €8k | €10k | €9k | ▼ 8.5% |
| Trade debts44 | €9k | €20k | €28k | €45k | €15k | ▼ 65.4% |
| Suppliers440/4 | - | €20k | €27k | €45k | €15k | ▼ 65.4% |
| Bills of exchange payable441 | - | €640 | €692 | - | - | - |
| Taxes, remuneration and social security45 | - | €12k | €29k | €9k | €2k | ▼ 73.7% |
| Taxes450/3 | - | €12k | €29k | €9k | €2k | ▼ 73.7% |
| Other amounts payable47/48 | - | - | - | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €633 | €-11k | €5k | €-2k | €-6k | ▼ 274% |
| + Depreciation and write-downs630 | €10k | €8k | €9k | €7k | €2k | ▼ 76.4% |
| Operating cash flow (approximation) | €11k | €-2k | €14k | €6k | €-5k | ▼ 179% |
| Investment in fixed assets (approximation) | - | €280 | €-1k | €-3k | €5 | ▲ 100% |
| Change in cash | - | €615 | €-1k | €-20 | €0 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Schaarbeek · 2 establishment units since 2007
Ground area
126 m²
Building footprint
121 m²
Volume, LiDAR
1,263 m³
Parcel 21902A0349/00S004, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Davany
since 20072.166.152.134
DAVANY
since 20252.372.527.453
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0349/00S004 | Brussels | 126 m² | 1 · 121 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
24 categoriesDAVANY SRL43220
Similar companies · same sector, comparable size
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A.K.D. GROUP
BE 0719.852.242
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Calé
BE 0768.951.464
Charleroi · Eq €61,293
CALITECH IMMO
BE 0454.168.648
Braine-l'Alleud · Eq €61,294
CENTRAL CONSTRUCT BELGIUM
BE 0824.983.911
Zaventem · Eq €61,280
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 13,183 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
23700Cutting, shaping and finishing of stone
25401Forging of metal
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43421Specialised construction activities
43422Screed work
43990Other specialised construction activities
47120Other non-specialised retail sale
47519Retail trade
47712Retail trade
Contact
E-mail
office@davany.beSchaarbeek
Scores and ratios are computed by Checked and are not a credit decision.