Equity
€109,936 ▲ 17.1%
DAVE SELS has made a profit in every financial year since 2009.
DAVE SELS
Lifetime
17 annual accounts with figures on one time axispeak €79,437 (2009)
€46,588▲ 32.3%
peak €37,516 (2009)
€16,062▲ 110%
peak €124,622 (2022)
€109,936▲ 17.1%
€53,048▼ 47.9%
Board1 name since 2021
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €35,206 to €46,588Result from €7,651 to €16,062Equity from €93,875 to €109,936Debts from €101,838 to €53,048Cash from €80,892 to €40,161
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as DAVE SELS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 34,721 companies, not a prediction for DAVE SELS. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806040405
Capital decrease of €52,000 to €18,600
Capital from €70,600 to €18,600 · Gazette deed
Incorporation
published on 08-09-2008 · Gazette deed
First establishment
Heislagsebaan 40, Brasschaat
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAVE SELS Brasschaat | €162,985 | €46,588 | 67.5% | - |
| DAVE WILLAERT Kasterlee | €183,235 | €44,385 | 88.0% | - |
| Elektro Derouck Lint | €141,456 | €43,526 | 28.0% | - |
| RENISAN Heist-op-den-Berg | €170,336 | €39,089 | 51.2% | - |
| HK SERVICE Zoersel | €161,365 | €56,043 | 94.1% | - |
| ROVETECH Puurs-Sint-Amands | €140,835 | €43,043 | 67.2% | - |
| B&S ECO-bouw Dendermonde | €167,560 | €48,795 | -17.4% | - |
These companies have the same main activity as DAVE SELS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €141,000 and €183,000, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 29-08-2008Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
- Establishment unit
- 2.173.538.9802930 Brasschaat, since 29-08-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 01-11-2025
Annual accounts 2025
- ≈ €270,000estimated
- €162,985▼ 16.7%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on DAVE SELS
DAVE SELS files the micro format. That format states no turnover. The gross margin fell from €79,437 in 2009 to €46,588 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DAVE SELS
- What is the company number of DAVE SELS?
- The company number of DAVE SELS is 0806.040.405. The VAT number is the same number with BE in front: BE 0806.040.405.
- Where is DAVE SELS based?
- The registered office is at Heislagsebaan 40, 2930 Brasschaat.Company details
- What does DAVE SELS do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of DAVE SELS?
- DAVE SELS is a private limited company (pre-2019) (BVBA).
- When was DAVE SELS founded?
- DAVE SELS was founded on 29-08-2008.
- Is DAVE SELS still active?
- Yes, DAVE SELS is an active enterprise in the KBO register.
- What is the turnover of DAVE SELS?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €46,588 and 33 comparable companies (NACE 43222). It probably lies between €200,000 and €310,000.Financials
- Is DAVE SELS profitable?
- In financial year 2025, DAVE SELS made a profit of €16,062.
- Where can I find the annual accounts of DAVE SELS?
- DAVE SELS filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DAVE SELS due?
- DAVE SELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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