DAVEX
ActiveSummary
For DAVEX, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €1.5m and a net result of €356,311. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 7288 sector peers (fiscal year 2022). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability88▼-12
Solvency88▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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 · 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 2022Solvency, return and age of the figures
Solvency
62.9%
Return on assets
15.4%
Age of the figures
54 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 · Two or more financial years not filed
Since the financial year that closed on 31-03-2023, 3 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 · 8 filingsPosition against the passed deadline
31-03-2023 close31-10-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 30-09-2022, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
31 d early
2021
36 d late
2020
64 d early
2019
121 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, abbreviated schema
Equity
€1.5m▲ 19.6%
2021 · €1.2m
Total assets
€2.3m▲ 54.3%
2021 · €1.5m
Net result
€356,311▼ 8.7%
2021 · €390,173
Working capital
€87,181▼ 78.8%
2021 · €410,706
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result€376,759-€353,812▼ 6.1%€534,758▲ 51.1%€474,662▼ 11.2%
Net result€255,789-€237,221above the sector's middle half▼ 7.3%€390,173above the sector's middle half▲ 64.5%€356,311above the sector's middle half▼ 8.7%
Equity€1.0m-€977,440above the sector's middle half▼ 5.9%€1.2mabove the sector's middle half▲ 24.3%€1.5mabove the sector's middle half▲ 19.6%
Total assets€1.4m-€1.4mabove the sector's middle half▼ 6.2%€1.5mabove the sector's middle half▲ 10.4%€2.3mwithin the sector's middle half▲ 54.3%
Debt€407,106-€377,735▼ 7.2%€281,521▼ 25.5%€855,439▲ 204%
Working capital€346,161-€179,531▼ 48.1%€410,706▲ 129%€87,181▼ 78.8%
Solvency71.8%-72.1%within the sector's middle half▲ 0.3pp81.2%above the sector's middle half▲ 9.1pp62.9%within the sector's middle half▼ 18.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 11% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.3m
Fixed assets
€2.0m ▲ 116%
Current assets
€357,245 ▼ 39.7%
Equity and liabilities €2.3m
Equity
€1.5m ▲ 19.6%
Debt
€855,439 ▲ 204%
Debt's share of the balance-sheet total rises from 18.8% to 37.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€478,461▼
2021 · €537,605
Cash flow
€360,110▼
2021 · €393,020
Current ratio
1.32▼
2021 · 3.26
Debt to equity
0.59▲
2021 · 0.08
ROE
24.5%▼
2021 · 32.1%
ROA
15.4%▼
2021 · 26.1%
Interest coverage
73.86
Debt ≤ 1 year
€270,063▲
2021 · €181,521
Debt > 1 year
€585,376▲
2021 · €100,000
Income taxes
€115,242▼
2021 · €134,675
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,495 | €2,847 | €2,847 | €3,798 | ▲ 33.4% |
| Other operating charges640/8 | - | - | - | €3,782 | - |
| Gross operating margin9900 | €382,777 | €359,268 | €539,338 | €482,242 | ▼ 10.6% |
| Operating profit (loss)9901 | €376,759 | €353,812 | €534,758 | €474,662 | ▼ 11.2% |
| Financial income75/76B | - | - | - | €3,369 | - |
| Recurring financial income75 | €2,419 | €2,423 | €1,790 | €3,369 | ▲ 88.2% |
| Financial charges65/66B | - | - | - | €6,478 | - |
| Recurring financial charges65 | €13,696 | €7,907 | €11,700 | €6,478 | ▼ 44.6% |
| Profit (loss) for the period before taxes9903 | €365,483 | €348,328 | €524,848 | €471,553 | ▼ 10.2% |
| Income taxes67/77 | €109,694 | €111,107 | €134,675 | €115,242 | ▼ 14.4% |
| Profit (loss) for the period9904 | €255,789 | €237,221 | €390,173 | €356,311 | ▼ 8.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €186,000 | - |
| Profit (loss) for the period to be appropriated9905 | €255,789 | €237,221 | €464,573 | €542,311 | ▲ 16.7% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.4m | €1.4m | €1.5m | €2.3m | ▲ 54.3% |
| Fixed assets21/28 | €907,901 | €906,813 | €903,966 | €2.0m | ▲ 116% |
| Tangible fixed assets22/27 | €9,981 | €8,893 | €6,046 | €20,486 | ▲ 239% |
| Plant, machinery and equipment23 | - | - | - | €6,463 | - |
| Furniture and vehicles24 | - | - | - | €3,199 | - |
| Other tangible fixed assets26 | - | - | - | €10,824 | - |
| Financial fixed assets28 | €897,920 | €897,920 | €897,920 | €1.9m | ▲ 115% |
| Current assets29/58 | €537,506 | €448,362 | €592,227 | €357,245 | ▼ 39.7% |
| Amounts receivable within one year40/41 | €229 | €28 | €131 | €20,199 | ▲ 15,345% |
| Other amounts receivable41 | - | - | - | €20,199 | - |
| Current investments50/53 | €236,960 | €229,149 | €228,631 | €222,562 | ▼ 2.7% |
| Cash at bank and in hand54/58 | €300,316 | €219,185 | €363,466 | €114,483 | ▼ 68.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.5m | €2.3m | ▲ 54.3% |
| Equity10/15 | €1.0m | €977,440 | €1.2m | €1.5m | ▲ 19.6% |
| Contributions10/11 | €50,000 | - | - | €50,000 | - |
| Reserves13 | €988,300 | €927,440 | €1.2m | €1.4m | ▲ 20.5% |
| Non-distributable reserves130/1 | - | - | - | €5,000 | - |
| Reserves not available under the articles1311 | - | - | - | €5,000 | - |
| Distributable reserves133 | - | - | - | €1.4m | - |
| Amounts payable17/49 | €407,106 | €377,735 | €281,521 | €855,439 | ▲ 204% |
| Amounts payable after more than one year17 | €215,761 | €108,904 | €100,000 | €585,376 | ▲ 485% |
| Financial debts170/4 | - | - | - | €585,376 | - |
| Amounts payable within one year42/48 | €191,345 | €268,831 | €181,521 | €270,063 | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €98,299 | - |
| Trade debts44 | €1,147 | €1,516 | €909 | €2,444 | ▲ 169% |
| Suppliers440/4 | - | - | - | €2,444 | - |
| Taxes, remuneration and social security45 | - | - | - | €18,809 | - |
| Taxes450/3 | - | - | - | €18,809 | - |
| Other amounts payable47/48 | - | - | - | €150,512 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €255,789 | €237,221 | €390,173 | €356,311 | ▼ 8.7% |
| + Depreciation and write-downs630 | €2,495 | €2,847 | €2,847 | €3,798 | ▲ 33.4% |
| Operating cash flow (approximation) | €258,284 | €240,068 | €393,020 | €360,110 | ▼ 8.4% |
| Investment in fixed assets (approximation) | - | -€1,760 | €0 | -€1.1m | - |
| Change in cash | - | -€81,132 | €144,281 | -€248,983 | ▼ 273% |
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
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
31-03
Financial
Highest result since 2019net €390,173 ▲64.5%
Operating result €534,758, net result €390,173, both a record.
31-03
Financial
Equity above €1mEq €1.2m ▲24.3%
3 profitable years in a row build equity to €1.2m.
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €237,221 ▼7.3%
Net result drops to €237,221, the lowest in the series; recovery starts the following year.
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
22-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Koksijde · 1 establishment unit since 2014
Ground area
1,895 m²
Building footprint
231 m²
Volume, LiDAR
2,098 m³
Parcel 38018B0382/00_000, Flanders · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Davex
since 20142.236.346.282
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38018B0382/00_000 | Flanders | 1,895 m² | 1 · 230 m² | 18.0 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2022 list no shareholders, and no other source names one.
Holdings 1
-
96.8%
According to the annual accounts to 31-03-2022 of DAVEX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600HXKTCQX0XNIO02
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 23,718 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded11-03-2014
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0547822643
Also
9925:BE0547822643
Registered
27-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.