Equity
-€597,912
Debts exceed assets in financial year 2025.
DAVID
Overview
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €50,080 (2010)
€43,115▲ 232%
lowest -€92,448 (2006)
€25,160▲ €30,360
peak -€298,599 (2006)
-€597,912▲ €25,160
€1.0m▼ 3.9%
Board3 names since 2018
3 directors and 2 others
Documentsfilings and deeds
27-04-202695 days before the deadline
2025micro format
Gross margin from €12,979 to €43,115Back to profit: €25,160Cash from €10,145 to €16,120
Key points
from the 2025 annual accountsDebts
€1.0m 244% of the balance sheet
Position in the sector
-143.7%
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,823 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as DAVID has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
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 3,795 companies, not a prediction for DAVID. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0439031007
2 directors resigning, 3 reappointments
Change of role: , from director to managing director · Resignations: and · Reappointments: , and · General meeting of 06-12-2023 · Gazette deed
3 directors reappointed
(managing director), and · General meeting of 26-06-2017 · Gazette deed
First establishment
Bruggesteenweg 78, Tielt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAVID Tielt | €416,120 | €43,115 | -143.7% | - |
| GAME INVEST Ostend | €457,227 | €35,453 | 4.8% | - |
| RENKENS ET FILS Blegny | €394,505 | €40,125 | 10.0% | - |
| CONDYCAN Brussels | €442,480 | €40,387 | 36.3% | - |
| BRACKIMMO Oosterzele | €473,524 | €44,671 | 26.5% | - |
| KRIFIMMO Woluwe-Saint-Lambert | €464,251 | €44,779 | 78.1% | - |
| AEDIFICIO Rixensart | €365,849 | €44,484 | 95.2% | - |
These companies have the same main activity as DAVID: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €366,000 and €474,000, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 20-11-1989Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.046.415.1368760 Tielt, since 08-01-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Annual accounts 2025
- €43,115▲ 232%
- ≈ €73,000estimated
- €25,160
- -€597,912▲ 4.0%
- €416,120▼ 3.6%
- Filing
- Filed on 27-04-2026, 95 days before the end of the filing period
Insights on DAVID
DAVID files the micro format. That format states no turnover. The gross margin rose from -€17,874 in 2006 to €43,115 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-04-2026, 95 days before the deadline€43,115
▲ 232%
€25,205
▲ €30,337
€25,160
▲ €30,360
-€980,104
▲ €55,726
-143.7%
▲ 0.7 percentage points
0.03
▲ 0.02
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €73,000. Estimated: probably between €52,000 and €110,000.
Balance sheet
balance sheet total €416,120 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-143.7%
Lower than 95% of 19,823 companies in 2025.
0.03
Higher than 5% of 18,999 companies in 2025.
6.0%
Higher than 69% of 19,465 companies in 2025.
DAVID
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
416,120 | 431,635 | 436,091 | 441,444 | 454,317 | 465,047 | 476,119 | 486,145 | 483,608 | 504,565 | 666,094 | 688,879 | 707,800 | 743,352 | 814,142 | 852,770 | 821,060 | 839,445 | 998,565 | 1.0m | |
21/28 |
382,192 | 413,383 | 425,457 | 437,346 | 447,982 | 459,790 | 471,727 | 482,191 | 482,360 | 502,525 | 512,750 | 533,192 | 554,888 | 589,926 | 663,251 | 709,756 | 649,418 | 640,473 | 682,637 | 786,764 | |
22/27 |
382,192 | 413,383 | 425,119 | 437,008 | 447,645 | 459,452 | 471,389 | 481,853 | 482,022 | 502,187 | 512,413 | 532,854 | 554,550 | 589,588 | 662,913 | 709,419 | 649,080 | 639,885 | 682,299 | 786,426 | |
22 |
381,397 | 412,468 | 424,084 | 435,854 | 447,645 | 459,452 | 471,389 | 481,853 | 482,022 | 502,187 | 512,413 | 532,854 | 554,422 | 589,331 | 662,490 | 708,147 | 636,584 | 612,943 | 641,238 | 732,841 | |
23 |
795 | 915 | 1,035 | 1,155 | - | - | - | - | - | - | - | - | 128 | 257 | 424 | 1,057 | 1,108 | 1,733 | 1,520 | 786 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 215 | 11,388 | 25,210 | 39,541 | 52,800 | |
28 |
- | 0 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 338 | 588 | 338 | 338 | |
29/58 |
33,928 | 18,252 | 10,634 | 4,098 | 6,335 | 5,257 | 4,392 | 3,954 | 1,248 | 2,041 | 153,344 | 155,687 | 152,912 | 153,426 | 150,891 | 143,014 | 171,642 | 198,972 | 315,929 | 229,209 | |
3 |
- | - | - | - | - | - | - | - | - | - | 151,697 | 151,697 | 151,697 | 151,697 | 148,801 | 138,690 | 169,159 | 196,023 | 237,358 | 226,500 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | 151,697 | 151,697 | 151,697 | 151,697 | 148,801 | 138,690 | 169,159 | 196,023 | 237,358 | 226,500 | |
40/41 |
16,615 | 6,591 | 8,704 | 5 | 118 | 5 | 17 | 661 | 176 | 5 | 838 | 10 | 5 | 4 | 8 | 6 | 1,426 | 1,506 | 1,981 | 483 | |
40 |
0 | 214 | - | - | 96 | - | - | 650 | 159 | - | 1 | - | - | - | - | - | - | - | 1,442 | - | |
41 |
16,615 | 6,377 | 8,704 | 5 | 22 | 5 | 17 | 11 | 17 | 5 | 837 | 10 | 5 | 4 | 8 | 6 | 1,426 | 1,506 | 539 | 483 | |
54/58 |
16,120 | 10,145 | 477 | 2,773 | 5,028 | 4,116 | 3,252 | 2,106 | 1,072 | 1,852 | 578 | 3,754 | 989 | 1,726 | 1,874 | 4,318 | 1,025 | 1,410 | 59 | 2,195 | |
490/1 |
1,193 | 1,517 | 1,454 | 1,320 | 1,188 | 1,136 | 1,123 | 1,188 | - | 183 | 231 | 227 | 222 | - | 207 | - | 33 | 33 | 76,531 | 31 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
416,120 | 431,635 | 436,091 | 441,444 | 454,317 | 465,047 | 476,119 | 486,145 | 483,608 | 504,565 | 666,094 | 688,879 | 707,800 | 743,352 | 814,142 | 852,770 | 821,060 | 839,445 | 998,565 | 1.0m | |
10/15 |
-597,912 | -623,072 | -617,872 | -613,173 | -608,770 | -604,666 | -601,727 | -594,809 | -579,010 | -571,747 | -571,651 | -564,595 | -567,914 | -549,818 | -535,315 | -502,026 | -482,664 | -396,945 | -352,613 | -298,599 | |
10/11 |
112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | |
10 |
112,000 | 112,000 | 112,000 | 112,000 | 112,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | 112,000 | |
13 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 9,941 | 9,941 | 9,941 | 9,941 | 9,941 | 9,941 | 9,941 | |
130/1 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
133 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,744 | 3,744 | 3,744 | 3,744 | 3,744 | 3,744 | 3,744 | |
14 |
-716,109 | -741,269 | -736,069 | -731,370 | -726,967 | -722,864 | -719,925 | -713,006 | -697,207 | -689,944 | -689,848 | -682,793 | -686,111 | -671,759 | -657,256 | -623,968 | -604,605 | -518,886 | -474,554 | -420,540 | |
17/49 |
1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.4m | 1.3m | 1.2m | 1.4m | 1.3m | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20,000 | 30,000 | 40,000 | 50,000 | 60,000 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 20,000 | 30,000 | 40,000 | 50,000 | 60,000 | |
42/48 |
1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.3m | 1.3m | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
44 |
79 | 125 | 10 | 72 | 96 | 72 | - | - | 170 | 424 | 901 | 901 | 1,152 | 901 | 3,745 | 10,820 | - | 1,114 | 3,776 | 4,240 | |
440/4 |
79 | 125 | 10 | 72 | 96 | 72 | - | - | 170 | 424 | 901 | 901 | 1,152 | 901 | 3,745 | 10,820 | - | 1,114 | 3,776 | 4,240 | |
45 |
0 | 5 | 0 | 34 | - | 80 | - | 895 | - | 14 | 152 | - | - | 11 | 183 | 2,696 | 2,935 | 3,110 | 802 | 858 | |
450/3 |
0 | 5 | 0 | 34 | - | 80 | - | 895 | - | 14 | 152 | - | - | 11 | 183 | 2,696 | 2,935 | 3,110 | 802 | 858 | |
47/48 |
1.0m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.3m | 1.2m | |
492/3 |
0 | 625 | - | - | - | - | - | 121 | - | - | - | - | 501 | 489 | 1,902 | 3,568 | 1,766 | 2,501 | 5,371 | 1,808 | |
| Income statement | |||||||||||||||||||||
76A |
25,545 | - | - | - | - | - | - | - | - | - | - | 7,000 | - | 10,253 | 300 | - | 207 | - | - | - | |
9900 |
43,115 | 12,979 | 13,354 | 13,073 | 13,134 | 14,551 | 10,725 | 6,120 | 17,577 | 25,380 | 18,557 | 24,675 | 24,939 | 24,630 | 18,793 | 50,080 | -13,926 | 38,862 | 15,330 | -17,874 | |
630 |
11,736 | 11,736 | 11,889 | 11,836 | 11,807 | 11,937 | 12,795 | 16,662 | 20,165 | 20,254 | 20,441 | 23,231 | 35,038 | 43,578 | 46,505 | 59,537 | 61,966 | 58,339 | 56,897 | 59,938 | |
640/8 |
6,174 | 6,375 | 6,147 | 5,619 | 5,411 | 5,540 | 4,841 | 5,250 | 4,666 | 5,218 | 5,186 | 5,131 | 8,003 | 5,812 | 4,785 | 8,380 | 7,861 | 21,452 | 9,586 | 11,536 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 100 | 3,025 | - | - | |
9901 |
25,205 | -5,131 | -4,683 | -4,382 | -4,085 | -2,927 | -6,911 | -15,793 | -7,254 | -92 | -7,070 | -3,688 | -18,101 | -24,760 | -32,497 | -17,837 | -83,753 | -40,930 | -51,153 | -89,348 | |
75/76B |
0 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 21 | 18 | 18 | 18 | 20 | 128 | 96 | 19 | 3,029 | 18 | 216 | |
75 |
0 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 21 | 18 | 18 | 18 | 20 | 128 | 96 | 19 | 3,029 | 18 | 216 | |
65/66B |
45 | 81 | 39 | 39 | 37 | 30 | 26 | 24 | 27 | 24 | 4 | 12 | 13 | 15 | 1,219 | 1,621 | 2,091 | 3,406 | 2,879 | 3,316 | |
65 |
45 | 81 | 39 | 39 | 37 | 30 | 26 | 24 | 27 | 24 | 4 | 12 | 13 | 15 | 1,219 | 1,621 | 2,091 | 3,406 | 2,879 | 3,316 | |
9903 |
25,160 | -5,195 | -4,704 | -4,403 | -4,104 | -2,939 | -6,919 | -15,799 | -7,263 | -96 | -7,056 | 3,318 | -18,096 | -14,503 | -33,288 | -19,363 | -85,719 | -44,332 | -54,014 | -92,448 | |
67/77 |
0 | 5 | -5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9904 |
25,160 | -5,200 | -4,699 | -4,403 | -4,104 | -2,939 | -6,919 | -15,799 | -7,263 | -96 | -7,056 | 3,318 | -18,096 | -14,503 | -33,288 | -19,363 | -85,719 | -44,332 | -54,014 | -92,448 | |
9905 |
25,160 | -5,200 | -4,699 | -4,403 | -4,104 | -2,939 | -6,919 | -15,799 | -7,263 | -96 | -7,056 | 3,318 | -18,096 | -14,503 | -33,288 | -19,363 | -85,719 | -44,332 | -54,014 | -92,448 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-716,109 | -741,269 | -736,069 | -731,370 | -726,967 | -722,864 | -719,925 | -713,006 | -697,207 | -689,944 | -689,848 | -682,793 | -689,855 | -671,759 | -657,256 | -623,968 | -604,605 | -518,886 | -474,554 | -420,540 | |
14P |
-741,269 | -736,069 | -731,370 | -726,967 | -722,864 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,744 | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 16 older financial years (1990-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-04-2026 | 2026-00089139 | |
| 31-12-2024 | micro format | 08-05-2025 | 2025-00091756 | |
| 31-12-2023 | micro format | 03-06-2024 | 2024-00106113 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00363334 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20126561 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38300267 | |
| 31-12-2019 | micro format | 23-06-2020 | 2020-19600072 | |
| 31-12-2018 | micro format | 03-06-2019 | 2019-15600059 | |
| 31-12-2017 | micro format | 06-06-2018 | 2018-16300412 | |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44700183 | |
| 31-12-2015 | abbreviated format | 08-06-2016 | 2016-17100414 | |
| 31-12-2014 | abbreviated format | 29-06-2015 | 2015-25800401 | |
| 31-12-2013 | abbreviated format | 30-06-2014 | 2014-25700253 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-54000501 | |
| 31-12-2011 | abbreviated format | 04-06-2012 | 2012-14600146 | |
| 31-12-2010 | abbreviated format | 07-06-2011 | 2011-15200505 | |
| 31-12-2009 | abbreviated format | 21-06-2010 | 2010-20500223 | |
| 31-12-2008 | abbreviated format | 31-08-2009 | 2009-71000336 | |
| 31-12-2007 | abbreviated format | 03-07-2008 | 2008-36800109 | |
| 31-12-2006 | abbreviated format | 29-06-2007 | 2007-32000271 | |
| 31-12-2005 | abbreviated format | 20-07-2006 | 2006-50701129 | |
| 31-12-2004 | abbreviated format | 30-06-2005 | 2005-39001465 | |
| 31-12-2003 | abbreviated format | 26-07-2004 | 2004-51001842 | |
| 31-12-2002 | abbreviated format | 15-09-2003 | 2003-66702132 | |
| 31-12-2001 | abbreviated format | 08-11-2002 | 2002-71003226 | |
| 31-12-2000 | abbreviated format | 21-11-2001 | 2001-70800399 | |
| 31-12-1999 | abbreviated format | 30-06-2000 | 2000-34404913 | |
| 31-12-1998 | abbreviated format | 28-10-1999 | 1999-55701636 | |
| 31-12-1997 | abbreviated format | 26-06-1998 | 1998-23503232 | |
| 31-12-1996 | abbreviated format | 01-07-1997 | 1997-25400588 | |
| 31-12-1995 | abbreviated format | 13-06-1996 | 1996-16100620 | |
| 31-12-1994 | abbreviated format | 26-06-1995 | 1995-29200202 | |
| 31-12-1993 | abbreviated format | 05-07-1994 | 1994-26602593 | |
| 31-12-1992 | abbreviated format | 26-07-1993 | 1993-28605214 | |
| 31-12-1991 | abbreviated format | 04-08-1992 | 1992-26605386 | |
| 31-12-1990 | abbreviated format | 30-12-1991 | 1991-34403141 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 36,941 | 6,605 | 7,207 | 7,454 | 7,723 | 9,011 | 5,885 | 870 | 12,911 | 20,162 | 13,371 | 19,543 | 16,937 | 18,818 | 14,009 | 41,700 | -21,787 | 17,409 | 5,744 | -29,410 | ||
| 36,896 | 6,536 | 7,191 | 7,433 | 7,704 | 8,999 | 5,877 | 864 | 12,902 | 20,159 | 13,385 | 26,550 | 16,942 | 29,075 | 13,217 | 40,174 | -23,753 | 14,007 | 2,883 | -32,510 | ||
| -19,455 | -338 | 0 | 1,200 | 0 | 0 | 2,332 | 16,493 | 0 | 10,028 | 0 | 1,535 | 0 | -29,747 | 0 | 119,875 | 71,160 | 16,176 | 2,348 | 56,175 | ||
| 5,975 | 9,668 | -2,296 | -2,256 | 912 | 863 | 1,146 | 1,034 | -780 | 1,275 | -3,176 | 2,765 | -737 | -148 | -2,444 | 3,293 | -385 | 1,351 | -2,136 | - | ||
| -980,104 | -1.0m | -1.0m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.1m | -1.2m | -1.2m | -1.1m | -994,916 | -979,878 | -1.0m | ||
| -143.7% | -144.4% | -141.7% | -138.9% | -134.0% | -130.0% | -126.4% | -122.4% | -119.7% | -113.3% | -85.8% | -82.0% | -80.2% | -74.0% | -65.8% | -58.9% | -58.8% | -47.3% | -35.3% | -29.4% | ||
| 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.12 | 0.12 | 0.12 | 0.11 | 0.11 | 0.13 | 0.17 | 0.24 | 0.18 | ||
| 0.03 | 0.02 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | ||
| 6.0% | -1.2% | -1.1% | -1.0% | -0.9% | -0.6% | -1.5% | -3.2% | -1.5% | 0.0% | -1.1% | 0.5% | -2.6% | -2.0% | -4.1% | -2.3% | -10.4% | -5.3% | -5.4% | -9.1% | ||
| over 100 | 81.27 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,200 | - |
| €11,736 | €11,736 | €11,889 | €11,836 | €11,807 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DAVID
The operating result for 2025 is a profit of €25,205, after a loss of €5,131 in 2024. It is the highest result since 2006.
Equity is negative. Debt (€1.0m) exceeds the balance-sheet total (€416,120).
Board & ownership
Board
3 directors, 1 in day-to-day management, last change in 2023Director (not named in the articles)
in office according to the deed of 06-03-2018
listed in the 2025 annual accounts, filed on 27-04-2026
Director (not named in the articles)
in office according to the deed of 06-03-2018
listed in the 2025 annual accounts, filed on 27-04-2026
Director (not named in the articles) and managing director
director (not named in the articles) in office according to the deed of 06-03-2018
managing director appointed by deed of 11-12-2023
listed in the 2025 annual accounts, filed on 27-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Vertegenwoordiging van de vennootschap: Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend…”deed of 11-12-2023
Mandates through the years
3 names, the dashed line is todayDirector (not named in the articles)
Director (not named in the articles)
Managing director, Director (not named in the articles)
LeadershipBoardEarliermandate already running before its first mention
Mandates as a list
-
- Director, from before 06-03-2018 to 11-12-2023
- Director (not named in the articles), since before 11-12-2023
-
- Director, from before 06-03-2018 to 11-12-2023
- Director (not named in the articles), since before 11-12-2023
-
- Director, from before 06-03-2018 to 11-12-2023
- Managing director, since before 06-03-2018
- Director (not named in the articles), since before 11-12-2023
Control
Capital
- Capital
- €112,000
- Source
- deed of 11-12-2023
Articles of association
deed of 11-12-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- Term of at most 6 years“Overblijvende bestuurders mogen coöpteren,bevestiging eerstvolgende algemene vergadering,volbrengt mandaat voorganger tenzij anders,zonder…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 11:00
Network & group
No group
DAVID has no parent and no holdings in its annual accounts. DAVID shares no director with another company.
At the same address
Bruggesteenweg 78, 8760 Tielt · 1 other company| Vanaeken, Filip (sole trader)
establishment since 03-01-2019 |
founded in 2019 0717.620.252 |
Timeline
Timeline
43 events since 1989Board
Filings
Financial
Establishments
19901995200020052010201520202025
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 95 days before the deadline
2025
Back to profit net €25,160 The net result is €25,160, after 10 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0439031007
Annual accounts 2024 filed PDFmicro format · 84 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 58 days before the deadline
2023
2 directors resigning, 3 reappointmentsChange of role: , from director to managing director · Resignations: and · Reappointments: , and · General meeting of 06-12-202314 points ▸
- General meeting, 06-12-2023
- Purpose change, “omschrijving zoals verder in het uittreksel vermeld” (deed in Dutch)
- Capital, €112,000
- Director resignation,
- Director resignation,
- Director resignation,
- Director reappointment, (director (not named in the articles))
- Director reappointment, (director (not named in the articles))
- Director reappointment, (director (not named in the articles))
- Registered office clause, Bruggesteenweg 78, 8760 Meulebeke
- Director appointment, (managing director)
- Director discharge,
- Director discharge,
- Director discharge,
- The deed holds 4 more points.
Annual accounts 2022 filed PDFmicro format · 28 days late
2022
Annual accounts 2021 filed PDFmicro format · 27 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 9 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 38 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 58 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 55 days before the deadline
3 directors reappointed (managing director), and · General meeting of 26-06-20176 points ▸
- General meeting, 26-06-2017
- Board meeting, 26-06-2017
- Director reappointment,
- Director reappointment,
- Director reappointment,
- Director reappointment, (managing director)
2017
Annual accounts 2016 filed PDFmicro format · 17 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 53 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 32 days before the deadline
2014
Back to profit net €3,318 The net result is €3,318, after 8 loss-making years.
Annual accounts 2013 filed PDFabbreviated format · 31 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 30 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 57 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 54 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 40 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 31 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 28 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 32 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed NBBabbreviated format
1997
Annual accounts 1996 filed NBBabbreviated format
1996
Annual accounts 1995 filed NBBabbreviated format
1995
Annual accounts 1994 filed NBBabbreviated format
1994
Annual accounts 1993 filed NBBabbreviated format
1993
Annual accounts 1992 filed NBBabbreviated format
1992
Annual accounts 1991 filed NBBabbreviated format
1991
Annual accounts 1990 filed NBBabbreviated format
1990
First establishment Bruggesteenweg 78, Tielt
1989
Incorporation published on 20-12-1989
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0439.031.007
- VAT number
- BE 0439.031.007
- Peppol ID
- 0208:0439031007
- Other Peppol ID
- 9925:BE0439031007
- Legal form
- Public limited company
- Status
- Active, normal situation
- Founded
- 20-11-1989
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Saturday of June at 11:00deed of 11-12-2023 (in Dutch)
- Peppol
- Reachable since 21-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- DAVID in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-12-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-12-2023 (in Dutch)
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
68203
Real estate rental main activity
Codes under NACEBEL 2003
70203
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van eigen onroerende goederen vooral…”deed of 11-12-2023 (in Dutch)
10 activities
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer van eigen onroerende goederen vooral door verhuring en andere overeenkomsten met derden in verband met hun gebruiksgenot en opbrengst
- De uitbating van landbouwbedrijven en/of tuinbouwbedrijven in de ruimste zin van het woord
- Alle handelingen die behoren tot de normale uitbating van een landbouwonderneming,zoals de teelt van landbouwgewassen,de veeteelt en/of de tuinbouw en de bosbouw,met inbegrip van de verwerking en de verkoop van de geproduceerde producten
- Zowel de gebouwen als de gronden die haar verpacht zijn,of waarvan zij zelf eigenares is,als landbouw-en/of tuinbouwbedrijf kunnen uitbaten,als haar medewerking kunnen verlenen aan de uitbating van andere landbouw-en/of tuinbouwbedrijven
- Alle financiële,roerende en onroerende verrichtingen stellen die rechtstreeks of onrechtstreeks geheel of gedeeltelijk in verband staan met dit voorwerp of de verwezenlijking ervan kunnen bevorderen
- Onroerende goederen verwerven,bouwen,opschikken,uitrusten en ombouwen
- Onroerende goederen vervreemden met het oog op wederbelegging en opbrengst
- Beschikbare middelen beleggen in roerende goederen en waarden
- Belangen nemen door middel van inbreng,aankoop van maatschappelijke rechten of op een andere wijze,in ondernemingen en vennootschappen met een gelijkaardig voorwerp of waarvan de bedrijvigheid voor haar nuttig kan zijn
- Zich borgstellen of zakelijke zekerheden verlenen ten voordele van ondernemingen of vennootschappen waarin ze belangen bezit als mede-eigenaar,vennoot,schuldeiser of op andere wijze
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Bruggesteenweg 78 registered office 8760 Tielt | 08-01-1990 | 2.046.415.136 | Farm - sheep and goats |
Buildings and parcels at the address
- Ground area
- 8,727 m²
- Buildings
- 666 m²
- Volume, LiDAR
- 4,917 m³
- Tallest building
- 10.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 37007A0182/00C000 | 8,727 m² | 1 · 666 m² | 10.9 m · 2 |
Recognitions
Food safety, FASFC
1 siteTieltunit number 2.046.415.136