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DAVARO

Active
Private limited companyfounded 20223 yrs activeRue de Gozée 574A, 6110 Montigny-le-Tilleul, BelgiumKBO/BCE: BE 0793.781.187
Summary

DAVARO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €38k. Its solvency ranks better than 76% of 4604 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+14
Growth78
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.33 against 2.48 in 2023; short-term debt: 22.4% and cash: 73.2% of total assets), and 22.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
23 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DAVARO was incorporated on 21 November 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▲ 119%
2023 · €17k
Working capital
€54k▲ 220%
2023 · €17k
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
Line20232024
Operating result€22k-€49k▲ 122%
Net result€17k-€38k▲ 119%
Equity€18k-€56k▲ 213%
Total assets€29k-€72k▲ 146%
Debt€11k-€16k▲ 41.8%
Working capital€17k-€54k▲ 220%
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2023: €22k€22kNet result 2023: €17k€17kOperating result 2024: €49k€49kNet result 2024: €38k€38k20232024€0€20k€40kOperating result 2023: €22k€22kNet result 2023: €17k€17kOperating result 2024: €49k€49kNet result 2024: €38k€38k20232024
The operating result rises in 2024; 2024 is 122% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72k
Fixed assets €2k ▲ 98.4%
Current assets €70k ▲ 148%
Equity and liabilities €72k
Equity €56k ▲ 213%
Debt €16k ▲ 41.8%
Debt's share of the balance-sheet total falls from 38.9% to 22.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€50k▲
2023 · €23k
Cash flow
€39k▲
2023 · €18k
Current ratio
4.33▲
2023 · 2.48
Debt to equity
0.29▼
2023 · 0.64
ROE
68.0%▼
2023 · 97.2%
ROA
52.8%▼
2023 · 59.4%
Interest coverage
310.88▲
2023 · 156.19
Debt ≤ 1 year
€16k▲
2023 · €11k
Income taxes
€11k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€29k€72k▲
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Current assets29/58€28k€70k▲
Amounts receivable within one year40/41-€16k
Trade receivables40-€16k
Cash at bank and in hand54/58€27k€53k▲
Deferred charges and accrued income490/1€594€1k▲
Equity and liabilities
Total equity and liabilities10/49€29k€72k▲
Equity10/15€18k€56k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€17k€55k▲
Amounts payable17/49€11k€16k▲
Amounts payable within one year42/48€11k€16k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€10k€13k▲
Taxes450/3€10k€13k▲
Remuneration and social security454/9€79-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292€728▲
Other operating charges640/8-€63
Gross operating margin9900€23k€50k▲
Operating profit (loss)9901€22k€49k▲
Financial charges65/66B€144€161▲
Recurring financial charges65€144€161▲
Profit (loss) for the period before taxes9903€22k€49k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€17k€38k▲
Profit (loss) for the period to be appropriated9905€17k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€55k▲
Profit (loss) brought forward from the previous period14P-€17k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€292€728▲ 150%
Other operating charges640/8-€63-
Gross operating margin9900€23k€50k▲ 122%
Operating profit (loss)9901€22k€49k▲ 122%
Financial charges65/66B€144€161▲ 11.6%
Recurring financial charges65€144€161▲ 11.6%
Profit (loss) for the period before taxes9903€22k€49k▲ 123%
Income taxes67/77€5k€11k▲ 137%
Profit (loss) for the period9904€17k€38k▲ 119%
Profit (loss) for the period to be appropriated9905€17k€38k▲ 119%
Line20232024Change
Assets
Total assets20/58€29k€72k▲ 146%
Fixed assets21/28€1k€2k▲ 98.4%
Tangible fixed assets22/27€1k€2k▲ 98.4%
Furniture and vehicles24€1k€2k▲ 98.4%
Current assets29/58€28k€70k▲ 148%
Amounts receivable within one year40/41-€16k-
Trade receivables40-€16k-
Cash at bank and in hand54/58€27k€53k▲ 91.2%
Deferred charges and accrued income490/1€594€1k▲ 129%
Equity and liabilities
Total equity and liabilities10/49€29k€72k▲ 146%
Equity10/15€18k€56k▲ 213%
Contributions10/11€500€500=
Profit (loss) carried forward14€17k€55k▲ 219%
Amounts payable17/49€11k€16k▲ 41.8%
Amounts payable within one year42/48€11k€16k▲ 41.8%
Trade debts44€2k€3k▲ 99.7%
Suppliers440/4€2k€3k▲ 99.7%
Taxes, remuneration and social security45€10k€13k▲ 32.1%
Taxes450/3€10k€13k▲ 33.2%
Remuneration and social security454/9€79--
Line20232024Change
Profit (loss) for the period9904€17k€38k▲ 119%
+ Depreciation and write-downs630€292€728▲ 150%
Operating cash flow (approximation)€18k€39k▲ 119%
Investment in fixed assets (approximation)-€-2k-
Change in cash-€25k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Montigny-le-Tilleul · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
846 m²
Building footprint
102 m²
Volume, LiDAR
1,019 m³
Parcel 52048D0063/00P033, Wallonia · tallest building 19.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DAVARO
Rue de Gozée 574A, 6110 Montigny-le-TilleulActivities of head offices; management consultancy activities
since 20222.338.269.429
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52048D0063/00P033 Wallonia 846 m² 1 · 102 m² 19.7 m · 3 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.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 38,617 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
Founded21-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
74301Translation services
85592Vocational training
85599Other education

Scores and ratios are computed by Checked and are not a credit decision.