DAVAO
ActiveSummary
DAVAO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For DAVAO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €113,088 and a net result of €1,281. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 15% of 2607 sector peers (fiscal year 2023). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: At least two filing cycles are missing
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-10-2024, 78 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
78 d late
2022
144 d late
2021
89 d late
2020
130 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date Which other companies resemble this one?Lookalike companies
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, full schema
Equity
€113,088▲ 1.1%
2022 · €111,807
Net result
€1,281
2022 · -€424
Total assets
€877,951▼ 0.6%
2022 · €883,241
Solvency
12.9%▲ 0.2pp
2022 · 12.7%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€3,239€3,039€1,454▼ 52.2%-€4,061-€341▲ 91.6%
Net result-€1€4,631€3,929▼ 15.2%-€424€1,281
Equity€103,671=€108,302▲ 4.5%€112,231▲ 3.6%€111,807▼ 0.4%€113,088▲ 1.1%
Total assets€912,883▼ 1.4%€918,070▲ 0.6%€918,864▲ 0.1%€883,241▼ 3.9%€877,951▼ 0.6%
Debt€809,211▼ 1.6%€809,768▲ 0.1%€806,633▼ 0.4%€771,434▼ 4.4%€764,863▼ 0.9%
Working capital-€361,435=-€357,620▲ 1.1%-€353,670▲ 1.1%-€352,833▲ 0.2%-€363,844▼ 3.1%
Solvency11.4%▲ 0.2pp11.8%▲ 0.4pp12.2%▲ 0.4pp12.7%▲ 0.4pp12.9%▲ 0.2pp
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €341 in 2023 against €4,061 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €877,951
Fixed assets
€477,891 ▲ 2.7%
Current assets
€400,060 ▼ 4.2%
Equity and liabilities €877,951
Equity
€113,088 ▲ 1.1%
Debt
€764,863 ▼ 0.9%
Debt's share of the balance-sheet total falls from 87.3% to 87.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
1.1%▲
2022 · -0.4%
ROA
0.1%▲
2022 · 0.0%
Debt ≤ 1 year
€763,903▼
2022 · €770,566
Income taxes
€1,658▲
2022 · €277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,077 | €1,077 | €362 | €393 | €1,866 | ▲ 374% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€10,000 | - | - | - |
| Other operating charges640/8 | - | - | €3,076 | €868 | €960 | ▲ 10.6% |
| Gross operating margin9900 | -€1,765 | €4,541 | -€5,108 | -€2,799 | €2,486 | ▲ 189% |
| Operating profit (loss)9901 | -€3,239 | €3,039 | €1,454 | -€4,061 | -€341 | ▲ 91.6% |
| Financial income75/76B | - | - | €4,781 | €4,117 | €3,542 | ▼ 14.0% |
| Recurring financial income75 | €3,956 | €4,299 | €4,781 | €4,117 | €3,542 | ▼ 14.0% |
| Financial charges65/66B | - | - | €178 | €204 | €262 | ▲ 28.2% |
| Recurring financial charges65 | €328 | €24 | €178 | €204 | €262 | ▲ 28.2% |
| Profit (loss) for the period before taxes9903 | €389 | €7,313 | €6,057 | -€148 | €2,939 | ▲ 2,089% |
| Income taxes67/77 | €389 | €2,683 | €2,128 | €277 | €1,658 | ▲ 500% |
| Profit (loss) for the period9904 | -€1 | €4,631 | €3,929 | -€424 | €1,281 | ▲ 402% |
| Profit (loss) for the period to be appropriated9905 | -€1 | €4,631 | €3,929 | -€424 | €1,281 | ▲ 402% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €912,883 | €918,070 | €918,864 | €883,241 | €877,951 | ▼ 0.6% |
| Fixed assets21/28 | €465,260 | €465,941 | €465,901 | €465,508 | €477,891 | ▲ 2.7% |
| Tangible fixed assets22/27 | €1,179 | €961 | €920 | €527 | €12,661 | ▲ 2,302% |
| Plant, machinery and equipment23 | - | - | €920 | €527 | €134 | ▼ 74.6% |
| Furniture and vehicles24 | - | - | - | - | €12,527 | - |
| Financial fixed assets28 | €464,081 | €464,981 | €464,981 | €464,981 | €465,231 | ▲ 0.1% |
| Current assets29/58 | €447,623 | €452,129 | €452,963 | €417,733 | €400,060 | ▼ 4.2% |
| Amounts receivable within one year40/41 | €443,450 | €435,324 | €420,359 | €378,704 | €352,917 | ▼ 6.8% |
| Trade receivables40 | - | - | - | - | €27,176 | - |
| Other amounts receivable41 | - | - | €420,359 | €378,704 | €325,741 | ▼ 14.0% |
| Cash at bank and in hand54/58 | €3,239 | €15,822 | €31,785 | €38,151 | €47,030 | ▲ 23.3% |
| Deferred charges and accrued income490/1 | - | - | €819 | €878 | €113 | ▼ 87.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €912,883 | €918,070 | €918,864 | €883,241 | €877,951 | ▼ 0.6% |
| Equity10/15 | €103,671 | €108,302 | €112,231 | €111,807 | €113,088 | ▲ 1.1% |
| Contributions10/11 | €100,000 | - | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €950 | €950 | €950 | €950 | €950 | = |
| Non-distributable reserves130/1 | - | - | €950 | €950 | €950 | = |
| Reserves not available under the articles1311 | - | - | €950 | €950 | €950 | = |
| Profit (loss) carried forward14 | €2,721 | €7,352 | €11,281 | €10,857 | €12,138 | ▲ 11.8% |
| Amounts payable17/49 | €809,211 | €809,768 | €806,633 | €771,434 | €764,863 | ▼ 0.9% |
| Amounts payable within one year42/48 | €809,058 | €809,749 | €806,633 | €770,566 | €763,903 | ▼ 0.9% |
| Trade debts44 | €4,536 | €5,961 | €1,852 | €4,828 | €18,978 | ▲ 293% |
| Suppliers440/4 | - | - | €1,852 | €4,828 | €18,978 | ▲ 293% |
| Taxes, remuneration and social security45 | - | - | €2,128 | €2,404 | €4,063 | ▲ 69.0% |
| Taxes450/3 | - | - | €2,128 | €2,404 | €4,063 | ▲ 69.0% |
| Other amounts payable47/48 | - | - | €802,653 | €763,333 | €740,862 | ▼ 2.9% |
| Accrued charges and deferred income492/3 | - | - | - | €868 | €960 | ▲ 10.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1 | €4,631 | €3,929 | -€424 | €1,281 | ▲ 402% |
| + Depreciation and write-downs630 | €1,077 | €1,077 | €362 | €393 | €1,866 | ▲ 374% |
| Operating cash flow (approximation) | €1,076 | €5,708 | €4,291 | -€31 | €3,147 | ▲ 10,281% |
| Investment in fixed assets (approximation) | - | -€1,758 | -€322 | €0 | -€14,250 | - |
| Change in cash | - | €12,583 | €15,963 | €6,366 | €8,879 | ▲ 39.5% |
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
2026
24-09
State Gazette act
Resignation: Aurélia Dewavrin (director)Registered-office move · Power of attorney4 facts ▸
State Gazette act
Resignation: Aurélia Dewavrin (director)
Registered-office move · Power of attorney4 facts ▸
- General meeting, 10-06-2026
- Director resignation, Aurélia Dewavrin (director)
- Registered-office move, Quai Saint-Brice 10, 7500 Tournai
- Power of attorney, Julie Michielsens
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 78 days late
2023
31-12
Financial
Back to profitnet €1,281
Net result €1,281 after one loss-making year.
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 144 days late
2022
31-12
Financial
Weakest financial yearnet -€424
Net result drops to -€424, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
08-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 130 days late
2020
31-12
Financial
Back to profitnet €4,631
Net result €4,631 after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 311 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
2015
17-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 17 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-09-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tournai · 1 establishment unit since 2013
Ground area
5,268 m²
Building footprint
595 m²
Volume, LiDAR
3,834 m³
2 parcels, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DAVAO
since 20132.226.138.221
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57008A0414/00E000 | Wallonia | 5,095 m² | 1 · 525 m² | 8.6 m · 2 fl. |
| 57462D0383/00M000 | Wallonia | 173 m² | 1 · 70 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MICRO-AUBE INVEST
BE 0772.909.856
Namur · Eq €113,072
YVV-Consulting
BE 0654.888.966
Erpe-Mere · Eq €113,066
LOMAN
BE 0627.889.215
Middelkerke · Eq €113,150
Florice
BE 1014.523.889
Boechout · Eq €113,166
Chadon
BE 0632.449.797
Mechelen · Eq €112,979
Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 12,631 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
Founded11-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.