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DAVE-ELEK

Active
Private limited company (pre-2019)founded 200818 yrs activeRozenlaan 8, 8940 Wervik, BelgiumKBO/BCE: BE 0894.944.071
Summary

DAVE-ELEK has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82,605 and a net result of -€2,239. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 36370 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

What they do
General electrical installation work
NACE 43211
1 site
How big
€154,438total assets 2024
Equity
€82,605
Loss
-€2,239
Turnover not published (abridged schema)
Financially healthy?
65 Healthy Checked score 2024
Bankruptcy chance 12 m
1.1%
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 65- Higher-failure-rate sector- Annual accounts: weaker financial profile+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability67▼-2
Solvency78▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.85 in 2023; short-term debt: 26.7% and cash: 5.8% of total assets), and 46.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2024
Solvency, return and age of the figures
Solvency
53.5%
Return on assets
-1.4%
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-09-2025, 51 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 filings
Deviation from the deadline
2025
not confirmed
2024
51 d late
2023
14 d late
2022
19 d late
2021
9 d early
2020
14 d early
2019
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€2,239
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 62 d late View
  • Total assets 20246 fiscal years filed €154,438 View
  • Active since 2008founded 15-01-2008 18 years View

By topic

Financials

Fiscal year
2024
Total assets
€154,438
Loss
-€2,239
Solvency
53.5%
Total assets▼ 16.6%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2015
  1. 20-09-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 14-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General electrical installation workNACE 43211
Founded
15-01-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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