DAVHOLD
ActiveSummary
DAVHOLD has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55.6m and a net result of €397,473. Equity is growing by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 8.52 against 72.55 in 2024; short-term debt: 2.5% and cash: 0.1% of total assets), and 2.5% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
97.5%
Return on assets
0.7%
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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
15 d early
2023
30 d early
2022
93 d early
2021
96 d early
2020
108 d early
2019
108 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 67 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€55.6m▲ 0.7%
2024 · €55.3m
Total assets
€57.1m▲ 3.0%
2024 · €55.4m
Net result
€397,473▼ 22.9%
2024 · €515,493
Working capital
€10.7m▲ 3.9%
2024 · €10.3m
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
Line20212022202320242025
Operating result€18,125€7.6m▲ 41,748%-€93,029-€11,295▲ 87.9%-€1,627▲ 85.6%
Net result€4.0m▲ 640%€8.0m▲ 97.7%€1.2m▼ 84.6%€515,493▼ 58.0%€397,473▼ 22.9%
Equity€45.5m▲ 9.7%€53.5m▲ 17.5%€54.7m▲ 2.3%€55.3m▲ 0.9%€55.6m▲ 0.7%
Total assets€58.6m▲ 28.8%€55.8m▼ 4.7%€56.0m▲ 0.4%€55.4m▼ 1.1%€57.1m▲ 3.0%
Debt€13.0m▲ 226%€2.3m▼ 82.3%€1.3m▼ 43.8%€143,575▼ 88.9%€1.4m▲ 888%
Working capital-€3.8m▲ 2.6%€8.6m€9.8m▲ 13.8%€10.3m▲ 5.3%€10.7m▲ 3.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result -58% on 2023. The previous fiscal year ran 15 months, this one 12.
- 2023 Net result -85% on 2022. This fiscal year ran 15 months, the previous one 12.
- 2022 Net result +98% on 2021. Cause not known from the registers.
- 2021 Net result +640% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1,627 in 2025 against €11,295 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57.1m
Fixed assets
€45.0m =
Current assets
€12.1m ▲ 16.1%
Equity and liabilities €57.1m
Equity
€55.6m ▲ 0.7%
Debt
€1.4m ▲ 888%
Debt's share of the balance-sheet total rises from 0.3% to 2.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
8.52▼
2024 · 72.55
Debt to equity
0.03▲
2024 · 0.00
ROE
0.7%▼
2024 · 0.9%
ROA
0.7%▼
2024 · 0.9%
Debt ≤ 1 year
€1.4m▲
2024 · €143,575
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7.6m | - | - | - | - |
| Other operating charges640/8 | - | €401 | €2,432 | €1,094 | €1,430 | ▲ 30.8% |
| Gross operating margin9900 | €19,193 | €7.6m | -€90,597 | -€10,201 | -€197 | ▲ 98.1% |
| Operating profit (loss)9901 | €18,125 | €7.6m | -€93,029 | -€11,295 | -€1,627 | ▲ 85.6% |
| Financial income75/76B | - | €505,898 | €1.3m | €527,490 | €404,763 | ▼ 23.3% |
| Recurring financial income75 | €4.2m | €505,898 | €1.3m | €527,490 | €404,763 | ▼ 23.3% |
| Financial charges65/66B | - | €113,107 | €696 | €703 | €5,662 | ▲ 706% |
| Recurring financial charges65 | €202,579 | €113,107 | €696 | €703 | €5,662 | ▲ 706% |
| Profit (loss) for the period before taxes9903 | €4.0m | €8.0m | €1.2m | €515,493 | €397,473 | ▼ 22.9% |
| Profit (loss) for the period9904 | €4.0m | €8.0m | €1.2m | €515,493 | €397,473 | ▼ 22.9% |
| Profit (loss) for the period to be appropriated9905 | €4.0m | €8.0m | €1.2m | €515,493 | €397,473 | ▼ 22.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58.6m | €55.8m | €56.0m | €55.4m | €57.1m | ▲ 3.0% |
| Fixed assets21/28 | €58.5m | €44.9m | €45.0m | €45.0m | €45.0m | = |
| Financial fixed assets28 | €58.5m | €44.9m | €45.0m | €45.0m | €45.0m | = |
| Current assets29/58 | €70,709 | €10.9m | €11.1m | €10.4m | €12.1m | ▲ 16.1% |
| Amounts receivable after more than one year29 | - | - | - | - | €11.0m | - |
| Other amounts receivable291 | - | - | - | - | €11.0m | - |
| Amounts receivable within one year40/41 | €48,933 | €9.6m | €9.6m | €9.6m | €12,933 | ▼ 99.9% |
| Other amounts receivable41 | - | €9.6m | €9.6m | €9.6m | €12,933 | ▼ 99.9% |
| Cash at bank and in hand54/58 | €9,876 | €1.2m | €1.0m | €113,741 | €62,183 | ▼ 45.3% |
| Deferred charges and accrued income490/1 | - | €96,804 | €454,018 | €739,318 | €1.0m | ▲ 38.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58.6m | €55.8m | €56.0m | €55.4m | €57.1m | ▲ 3.0% |
| Equity10/15 | €45.5m | €53.5m | €54.7m | €55.3m | €55.6m | ▲ 0.7% |
| Contributions10/11 | - | €44.1m | €44.1m | €44.1m | €44.1m | = |
| Reserves13 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Non-distributable reserves130/1 | - | €25,336 | €25,336 | €25,336 | €25,336 | = |
| Other1319 | - | €25,336 | €25,336 | €25,336 | €25,336 | = |
| Tax-exempt reserves132 | - | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Distributable reserves133 | - | €912,608 | €912,608 | €912,608 | €912,608 | = |
| Profit (loss) carried forward14 | -€630,303 | €7.3m | €8.6m | €9.1m | €9.5m | ▲ 4.4% |
| Amounts payable17/49 | €13.0m | €2.3m | €1.3m | €143,575 | €1.4m | ▲ 888% |
| Amounts payable after more than one year17 | €8.9m | - | - | - | - | - |
| Amounts payable within one year42/48 | €3.9m | €2.3m | €1.3m | €143,575 | €1.4m | ▲ 888% |
| Financial debts43 | - | - | - | - | €1.4m | - |
| Credit institutions430/8 | - | - | - | - | €1.4m | - |
| Trade debts44 | €868 | - | €64,228 | €69,919 | €63,998 | ▼ 8.5% |
| Suppliers440/4 | - | - | €64,228 | €69,919 | €63,998 | ▼ 8.5% |
| Other amounts payable47/48 | - | €2.3m | €1.2m | €73,656 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4.0m | €8.0m | €1.2m | €515,493 | €397,473 | ▼ 22.9% |
| Operating cash flow (approximation) | €4.0m | €8.0m | €1.2m | €515,493 | €397,473 | ▼ 22.9% |
| Investment in fixed assets (approximation) | - | €13.6m | -€45,480 | €0 | €0 | - |
| Change in cash | - | €1.2m | -€187,543 | -€921,666 | -€51,558 | ▲ 94.4% |
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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 9current ratio 72.55
Current ratio from 8.53 to 72.55; short-term debt falls from €1.3m to €143,575.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €8.0m ▲97.7%
Operating result €7.6m, net result €8.0m, both a record.
30-09
Financial
Liquidity times 261current ratio 4.72
Current ratio from 0.02 to 4.72; short-term debt falls from €3.9m to €2.3m.
30-09
Financial
Equity above €50mEq €53.5m ▲17.5%
5 profitable years in a row build equity to €53.5m.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 191 days late
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Kortrijk · 1 establishment unit since 2007
Ground area
2,929 m²
Building footprint
156 m²
Parcel 34354D0453/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
DAVHOLD
since 20072.160.998.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354D0453/00A000 | Flanders | 2,929 m² | 1 · 156 m² | - |
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
3 holdings · 19 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
99.99%
-
40%
-
31%
All subsidiaries, including indirect ones 19
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
FIVANCO 99.99%18 subsidiaries
- AfidavidRO 100%
- Bovanco 100%
Centrimo 100%3 subsidiaries
- SC Centrimo SRLRO 100%
- Centrimo Construct 98%
- VAN2INVEST 75%
- Centrimo RomaniaRO 100%
- Grand Acres LPUS 100%
- INAFZO 100%
- New PropertiesRO 100%
- SC POM ServiceRO 100%
- Scarlet IbisZA 100%
- CONAFIN 99.97%
- InovanFR 74.99%
- Negustori EuropeLU 73%
- Yellow SkyRO 69.5%
- Beleggingsmaatschappij Job GoudaNL 57.6%
- Narlikuyu ASTR 50.5%
According to the 2025 annual accounts of DAVHOLD 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-12-2006
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0886327897
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.