DAVICAP · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DAVICAP is 3.6% (moderate). The 2024 annual accounts show equity of €13k and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 2274 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 22 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	26-08-2025	26 d late	2025-00472400
31-12-2023	31-07-2024	12-06-2024	49 d early	2024-00145737
31-12-2022	31-07-2023	10-10-2023	71 d late	2023-00488018
31-12-2021	31-07-2022	25-04-2022	97 d early	2022-20012211

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.6% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€18k+61.2%

Working capital€6k

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 26-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~40% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	33.4%	27.3%	better than 58% of 2274 sector peers
Net result	€18k	€5k	better than 75% of 2257 sector peers
Equity	€13k	€17k	better than 45% of 2280 sector peers
Gross operating margin	€23k	€28k	better than 44% of 2245 sector peers
Total assets	€38k	€65k	better than 31% of 2275 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P58

Improving position over 2021-2024 · n=843-2274

Net result P75

Improving position over 2021-2024 · n=829-2257

Equity P45

Improving position over 2021-2024 · n=844-2280

Gross operating margin P44

Improving position over 2021-2024 · n=828-2245

Describes the position versus peers, not a forecast.

EBITDA

€23k

- 21-24

Net profit

€18k

+61.2% 21-24

Cash flow

€19k

- 21-24

Total assets

€38k

+242.5% 21-24

Equity

€13k

- 21-24

Working capital

€6k

- 21-24

Income taxes

€3k

+1530.1% 21-24

Debt

€25k

+48.5% 21-24

Show 9 other metrics

Debt ≤ 1y

€22k

+31.4% 21-24

Debt > 1y

€3k

- 21-24

Current ratio

1.28

+97.2% 21-24

Quick ratio

1.28

+97.2% 21-24

Solvency

33.4%

- 21-24

Debt / equity

2.00

- 21-24

ROE

147.0%

- 21-24

ROA

49.0%

-52.9% 21-24

Interest coverage

71.80

- 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€23k
Net profit	€18k
Cash flow	€19k
Staff costs	-
Income taxes	€3k
Dividends	-
Total assets	€38k
Equity	€13k
Debt	€25k
of which ≤ 1y	€22k
of which > 1y	€3k
Working capital	€6k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.28
Quick ratio	1.28
Working capital ratio	16.7%
Solvency	33.4%
Debt / equity	2.00
Long-term debt ratio	0.23
Interest coverage	71.80
Gross margin	-
Net margin	-
ROA	49.0%
ROE	147.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €9k · 24.3% Current assets €28k · 75.7%

Equity & liabilities

Equity €13k · 33.4% Debt €25k · 66.6%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€38k
Fixed assets	21/28	€9k
Tangible fixed assets	22/27	€9k
Current assets	29/58	€28k
Amounts receivable within one year	40/41	€24k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€38k
Equity	10/15	€13k
Contributions / capital	10/11	€16k
Accumulated profits (losses)	14	€-3k
Amounts payable	17/49	€25k
Amounts payable after one year	17	€3k
Amounts payable within one year	42/48	€22k
Trade debts payable within one year	44	€7k
Income statement
Gross operating margin	9900	€23k
Operating result	9901	€22k
Financial income	75	€190
Financial charges	65	€315
Result before taxes	9903	€22k
Income taxes	67/77	€3k
Net result for the period	9904	€18k
Result to be appropriated	9905	€18k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

89 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

DAVICAP

Rue Hairiamont(PAC) 22, 6230 Pont-à-CellesPersonenvervoer over de weg zonder dienstregeling

since 20212.313.252.040

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area207 m²

Buildings1

Building footprint48 m²

Volume (LiDAR)396 m³

Tallest building9.7 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)