Gross margin from €4,571 to €6,410Loss of €2,979Change of role: Name hiddenVisible after signing in, from manager to director10-01Equity from -€7,718 to -€10,697Debts from €12,078 to €14,528Cash from €3,048 to €1,979
Lower solvency than 95% of companies in food and beverage service. Sector median 24.1% · 1,747 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as DAVID & DANIEL has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Micro
5 to 10 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
3.0%
3.1%
10
5.6%
6.2%
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 6,008 companies, not a prediction for DAVID & DANIEL. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0687784735
Change of role: Hidden nameVisible after signing in, from manager to director
Permanent representative: Name after signing inVisible after signing in · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 15-12-2023 · Gazette deed
Transfer of 50 shares from Name hiddenVisible after signing in to Hidden nameVisible after signing inName after signing inVisible after signing in holds 100 shares · Name hiddenVisible after signing in is a shareholder · General meeting of 25-08-2021 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as DAVID & DANIEL: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €2,970 and €8,060, founded between 2014 and 2019.
The 2024 annual accounts show negative equity (-€10,697) and a net result of -€2,979. Equity has been shrinking by about 49% per year since 2018.
Its solvency ranks better than 5% of 1,747 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
The company number of DAVID & DANIEL is 0687.784.735. The VAT number is the same number with BE in front: BE 0687.784.735.
Where is DAVID & DANIEL based?
The registered office is at Edouard Bénèslaan 88, 1080 Molenbeek-Saint-Jean.Company details
What does DAVID & DANIEL do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of DAVID & DANIEL?
DAVID & DANIEL is a private limited company (BV).
When was DAVID & DANIEL founded?
DAVID & DANIEL was founded on 11-01-2018.
Is DAVID & DANIEL still active?
Yes, DAVID & DANIEL is an active enterprise in the KBO register.
What is the turnover of DAVID & DANIEL?
The turnover in financial year 2024 is ≈ €68,000. This figure is estimated from the gross margin of €6,410 and 129 comparable companies (NACE 56301). It probably lies between €33,000 and €140,000. It is a rough estimate.Financials
Is DAVID & DANIEL profitable?
In financial year 2024, DAVID & DANIEL made a loss of €2,979.
Where can I find the annual accounts of DAVID & DANIEL?
DAVID & DANIEL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.