David De Vits
ActiveThe computed 12-month bankruptcy probability of David De Vits is 1.5% (moderate). The 2024 annual accounts show negative equity (€-84k) and a net result of €8k. Equity is shrinking by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 36373 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-17
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.11 against 1.45 in 2023; short-term debt: 90.1% and cash: 42.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
-327%
Return on assets
32.6%
Age of the figures
21 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
30 d early
2022
1 d early
2021
18 d late
2020
9 d early
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 47.9%
2023 · €16k
2018: €-2k
2019: €9k
2020: €21k
2021: €-14k
2022: €-12k
2023: €16k
2018 → 2024
Working capital
€3k▼ 69.4%
2023 · €8k
2018: €-1k
2019: €2k
2020: €27k
2021: €-97k
2022: €-106k
2023: €8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€-97k€-109k▼ 11.9%€-93k▲ 14.8%€-84k▲ 9.1%
Operating result€22k-€-13k€-9k▲ 32.6%€22k€18k▼ 16.8%
Net result€21k-€-14k€-12k▲ 19.7%€16k€8k▼ 47.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 17% below 2023.
Key figures and ratios
EBITDA
€18k▼
2023 · €27k
Cash flow
€8k▼
2023 · €21k
Solvency
-327.0%▲
2023 · -347.5%
Current ratio
1.11▼
2023 · 1.45
Quick ratio
1.11▼
2023 · 1.45
Debt / equity
-1.31▼
2023 · -1.29
ROA
32.6%▼
2023 · 60.4%
Interest coverage
3.16▼
2023 · 5.17
Debt
€110k▼
2023 · €119k
Debt ≤ 1 year
€23k▲
2023 · €18k
Debt > 1 year
€87k▼
2023 · €101k
Income taxes
€4k▲
2023 · €218
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€27k€26k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Current assets29/58€27k€26k▼
Amounts receivable within one year40/41€22k€15k▼
Trade receivables40€14k€11k▼
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€5k€11k▲
Equity and liabilities
Total equity and liabilities10/49€27k€26k▼
Equity10/15€-93k€-84k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-111k€-103k▲
Amounts payable17/49€119k€110k▼
Amounts payable after more than one year17€101k€87k▼
Financial debts170/4€5k€2k▼
Other amounts payable178/9€96k€85k▼
Amounts payable within one year42/48€18k€23k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€11k€16k▲
Suppliers440/4€11k€16k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€0▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€131
Gross operating margin9900€30k€20k▼
Operating profit (loss)9901€22k€18k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€16k€12k▼
Income taxes67/77€218€4k▲
Profit (loss) for the period9904€16k€8k▼
Profit (loss) for the period to be appropriated9905€16k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-111k€-103k▲
Profit (loss) brought forward from the previous period14P€-127k€-111k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 1.45
Current ratio from 0.26 to 1.45; short-term debt falls from €143k to €18k.
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Weakest financial yearnet €-14k ▼169%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €21k ▲129%
Operating result €22k, net result €21k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.30
Current ratio from 1.11 to 3.30; short-term debt falls from €17k to €12k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hoeilaart · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenbergstraat 15a1560 HoeilaartGround area
2,287 m²
Building footprint
230 m²
Volume, LiDAR
1,043 m³
Parcel 23033B0491/00T000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
David De Vits
since 20102.218.933.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033B0491/00T000 | Flanders | 2,287 m² | 1 · 230 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,683 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2010
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.