DAVESDAK
ActiveSummary
DAVESDAK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €60k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+9
Solvency45▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.92 in 2024; short-term debt: 79.6% and cash: 9.4% of total assets), and 79.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.4%
Return on assets
10.6%
Age of the figures
9 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 7838 sector peers (2025).
NBB · sector comparisonPosition among 7838 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-03-2026, 142 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
142 d early
2024
170 d early
2023
30 d early
2022
14 d late
2021
1 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€116k▲ 109%
2024 · €56k
2018: €18k
2019: €17k▼ -8.1% vs 2018lowest in 8 years
2020: €53k▲ +215% vs 2019
2021: €57k▲ +6.8% vs 2020
2022: €60k▲ +5.8% vs 2021
2023: €17k▼ -71.6% vs 2022
2024: €56k▲ +226% vs 2023
2025: €116k▲ +109% vs 2024highest in 8 years
2018 → 2025
Total assets
€569k▲ 18.7%
2024 · €479k
2018: €301klowest in 8 years
2019: €313k▲ +3.8% vs 2018
2020: €361k▲ +15.4% vs 2019
2021: €535k▲ +48.2% vs 2020
2022: €599k▲ +12.0% vs 2021highest in 8 years
2023: €406k▼ -32.2% vs 2022
2024: €479k▲ +17.9% vs 2023
2025: €569k▲ +18.7% vs 2024
2018 → 2025
Net result
€60k▲ 57.0%
2024 · €39k
2018: €28k
2019: €-1k▼ -105% vs 2018
2020: €36k▲ +2532% vs 2019
2021: €4k▼ -90.0% vs 2020
2022: €3k▼ -9.2% vs 2021
2023: €-43k▼ -1405% vs 2022lowest in 8 years
2024: €39k▲ +190% vs 2023
2025: €60k▲ +57.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€9k
2024 · €-33k
2018: €-21k
2019: €-13k▲ +35.3% vs 2018
2020: €5k▲ +137% vs 2019
2021: €-11k▼ -320% vs 2020
2022: €-24k▼ -119% vs 2021
2023: €-88k▼ -270% vs 2022lowest in 8 years
2024: €-33k▲ +62.4% vs 2023
2025: €9k▲ +127% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€60k▲ 5.8%€17k▼ 71.6%€56k▲ 226%€116k▲ 109%
2021: €57k
2022: €60k▲ +5.8% vs 2021
2023: €17k▼ -71.6% vs 2022lowest in 5 years
2024: €56k▲ +226% vs 2023
2025: €116k▲ +109% vs 2024highest in 5 years
Operating result€23k-€23k▲ 0.6%€-3k€62k€97k▲ 56.2%
2021: €23k
2022: €23k▲ +0.6% vs 2021
2023: €-3k▼ -112% vs 2022lowest in 5 years
2024: €62k▲ +2340% vs 2023
2025: €97k▲ +56.2% vs 2024highest in 5 years
Net result€4k-€3k▼ 9.2%€-43k€39k€60k▲ 57.0%
2021: €4k
2022: €3k▼ -9.2% vs 2021
2023: €-43k▼ -1405% vs 2022lowest in 5 years
2024: €39k▲ +190% vs 2023
2025: €60k▲ +57.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 56% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €569k
Fixed assets
€107k ▲ 15.9%
Current assets
€462k ▲ 19.4%
Equity and liabilities €569k
Equity
€116k ▲ 109%
Debt
€453k ▲ 6.9%
Debt's share of the balance-sheet total falls from 88.4% to 79.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€135k▲
2024 · €101k
Cash flow
€99k▲
2024 · €78k
Current ratio
1.02▲
2024 · 0.92
Quick ratio
0.67▲
2024 · 0.54
Debt to equity
3.90▼
2024 · 7.62
ROE
52.1%▼
2024 · 69.3%
ROA
10.6%▲
2024 · 8.0%
Interest coverage
8.59▲
2024 · 5.34
Debt ≤ 1 year
€453k▲
2024 · €420k
Income taxes
€26k▲
2024 · €9k
Staff costs
€351k▼
2024 · €411k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€479k€569k▲
Formation expenses20€0€0=
Fixed assets21/28€92k€107k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€82k€96k▲
Land and buildings22€20k€49k▲
Plant, machinery and equipment23€31k€26k▼
Furniture and vehicles24€27k€18k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€11k€11k▼
Current assets29/58€387k€462k▲
Stocks and contracts in progress3€161k€158k▼
Stocks30/36€161k€158k▼
Amounts receivable within one year40/41€171k€218k▲
Trade receivables40€79k€108k▲
Other amounts receivable41€92k€111k▲
Cash at bank and in hand54/58€19k€53k▲
Deferred charges and accrued income490/1€35k€32k▼
Equity and liabilities
Total equity and liabilities10/49€479k€569k▲
Equity10/15€56k€116k▲
Contributions10/11€19k€19k=
Reserves13€37k€97k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€35k€96k▲
Amounts payable17/49€423k€453k▲
Amounts payable after more than one year17€4k-
Financial debts170/4€4k-
Amounts payable within one year42/48€420k€453k▲
Current portion of amounts payable after more than one year42€15k€4k▼
Financial debts43€65k€70k▲
Credit institutions430/8€65k€70k▲
Trade debts44€196k€281k▲
Suppliers440/4€196k€281k▲
Taxes, remuneration and social security45€118k€73k▼
Taxes450/3€11k€15k▲
Remuneration and social security454/9€106k€57k▼
Other amounts payable47/48€25k€25k=
Income statement
Code20242025
Non-recurring operating income76A-€18k
Remuneration, social security and pensions62€411k€351k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€38k▼
Other operating charges640/8€13k€15k▲
Non-recurring operating charges66A€866-
Gross operating margin9900€526k€501k▼
Operating profit (loss)9901€62k€97k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€19k€16k▼
Recurring financial charges65€19k€16k▼
Profit (loss) for the period before taxes9903€48k€86k▲
Income taxes67/77€9k€26k▲
Profit (loss) for the period9904€39k€60k▲
Profit (loss) for the period to be appropriated9905€39k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€60k▲
Profit (loss) brought forward from the previous period14P€-11k-
Transfer to equity691/2€27k€60k▲
To other reserves6921€27k€60k▲
Social balance
Average headcount (FTE)90878.26.3▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €18k | - |
| Remuneration, social security and pensions62 | €308k | €387k | €383k | €411k | €351k | ▼ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €38k | €42k | €39k | €38k | ▼ 2.7% |
| Other operating charges640/8 | €13k | €11k | €12k | €13k | €15k | ▲ 14.6% |
| Non-recurring operating charges66A | - | - | - | €866 | - | - |
| Gross operating margin9900 | €376k | €459k | €435k | €526k | €501k | ▼ 4.8% |
| Operating profit (loss)9901 | €23k | €23k | €-3k | €62k | €97k | ▲ 56.2% |
| Financial income75/76B | €3k | €5k | €4k | €5k | €5k | ▲ 12.4% |
| Recurring financial income75 | €3k | €5k | €4k | €5k | €5k | ▲ 12.4% |
| Financial charges65/66B | €21k | €22k | €44k | €19k | €16k | ▼ 17.2% |
| Recurring financial charges65 | €21k | €22k | €44k | €19k | €16k | ▼ 17.2% |
| Profit (loss) for the period before taxes9903 | €6k | €7k | €-43k | €48k | €86k | ▲ 81.0% |
| Income taxes67/77 | €2k | €4k | €286 | €9k | €26k | ▲ 183% |
| Profit (loss) for the period9904 | €4k | €3k | €-43k | €39k | €60k | ▲ 57.0% |
| Profit (loss) for the period to be appropriated9905 | €4k | €3k | €-43k | €39k | €60k | ▲ 57.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €535k | €599k | €406k | €479k | €569k | ▲ 18.7% |
| Formation expenses20 | - | - | €0 | €0 | €0 | - |
| Fixed assets21/28 | €143k | €125k | €123k | €92k | €107k | ▲ 15.9% |
| Intangible fixed assets21 | €0 | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €136k | €112k | €95k | €82k | €96k | ▲ 18.1% |
| Land and buildings22 | €12k | €9k | €6k | €20k | €49k | ▲ 149% |
| Plant, machinery and equipment23 | €32k | €30k | €36k | €31k | €26k | ▼ 18.0% |
| Furniture and vehicles24 | €92k | €68k | €48k | €27k | €18k | ▼ 32.6% |
| Other tangible fixed assets26 | - | €5k | €4k | €4k | €3k | ▼ 13.3% |
| Financial fixed assets28 | €7k | €13k | €28k | €11k | €11k | ▼ 1.3% |
| Current assets29/58 | €392k | €474k | €283k | €387k | €462k | ▲ 19.4% |
| Stocks and contracts in progress3 | €148k | €142k | €144k | €161k | €158k | ▼ 2.0% |
| Stocks30/36 | €148k | €142k | €144k | €161k | €158k | ▼ 2.0% |
| Amounts receivable within one year40/41 | €110k | €240k | €104k | €171k | €218k | ▲ 27.8% |
| Trade receivables40 | €39k | €161k | €53k | €79k | €108k | ▲ 36.2% |
| Other amounts receivable41 | €70k | €79k | €51k | €92k | €111k | ▲ 20.5% |
| Cash at bank and in hand54/58 | €95k | €50k | €5k | €19k | €53k | ▲ 179% |
| Deferred charges and accrued income490/1 | €39k | €42k | €29k | €35k | €32k | ▼ 9.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €535k | €599k | €406k | €479k | €569k | ▲ 18.7% |
| Equity10/15 | €57k | €60k | €17k | €56k | €116k | ▲ 109% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €10k | €10k | €10k | €37k | €97k | ▲ 164% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €8k | €8k | €8k | €35k | €96k | ▲ 172% |
| Profit (loss) carried forward14 | €29k | €32k | €-11k | - | - | - |
| Amounts payable17/49 | €478k | €539k | €389k | €423k | €453k | ▲ 6.9% |
| Amounts payable after more than one year17 | €75k | €41k | €18k | €4k | - | - |
| Financial debts170/4 | €75k | €41k | €18k | €4k | - | - |
| Amounts payable within one year42/48 | €403k | €498k | €371k | €420k | €453k | ▲ 7.9% |
| Current portion of amounts payable after more than one year42 | €47k | €34k | €23k | €15k | €4k | ▼ 76.1% |
| Financial debts43 | €50k | €50k | €50k | €65k | €70k | ▲ 7.7% |
| Credit institutions430/8 | €50k | €50k | €50k | €65k | €70k | ▲ 7.7% |
| Trade debts44 | €229k | €307k | €169k | €196k | €281k | ▲ 43.2% |
| Suppliers440/4 | €229k | €307k | €169k | €196k | €281k | ▲ 43.2% |
| Taxes, remuneration and social security45 | €62k | €92k | €104k | €118k | €73k | ▼ 38.4% |
| Taxes450/3 | €12k | €16k | €14k | €11k | €15k | ▲ 32.7% |
| Remuneration and social security454/9 | €50k | €77k | €90k | €106k | €57k | ▼ 46.1% |
| Other amounts payable47/48 | €15k | €15k | €25k | €25k | €25k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €3k | €-43k | €39k | €60k | ▲ 57.0% |
| + Depreciation and write-downs630 | €31k | €38k | €42k | €39k | €38k | ▼ 2.7% |
| Operating cash flow (approximation) | €35k | €41k | €-944 | €78k | €99k | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | €-20k | €-40k | €-8k | €-53k | ▼ 525% |
| Change in cash | - | €-45k | €-45k | €14k | €34k | ▲ 145% |
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
Next filing, fiscal year 2026, expected by
2026
11-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €60k ▲57%
Operating result €97k, net result €60k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲109%
2 profitable years in a row build equity to €116k.
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Show earlier events
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudsbergen · 1 establishment unit since 2012
Ground area
676 m²
Building footprint
219 m²
Volume, LiDAR
1,064 m³
Parcel 72011C0620/00E003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DAVESDAK
since 20122.207.877.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72011C0620/00E003 | Flanders | 676 m² | 1 · 219 m² | 9.3 m · 2 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
Dual-learning approval
1 live approval · 2 endedDakwerker duaal (so)
Show 2 ended approvals
Dakafdichter (so)
Dakdekker leien en pannen (so)
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Of 8,566 companies in sector 43410 we hold annual accounts for 4,363. 3,806 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
Founded15-03-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43230Insulation installation
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.