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DAVID & EHRIG

Open bankruptcy
Private limited companyfounded 1993Lodewijk de Raetlaan 39, 8870 Izegem, BelgiumKBO/BCE: BE 0449.853.435

A bankruptcy procedure is open for DAVID & EHRIG according to publications in the Belgian State Gazette; curator: LISE VERMEERSCH.

Summary

The 2024 annual accounts show equity of €256,369 and a net result of €707,949.

DAVID & EHRIGOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
18 November 2025
Supervising judge
Dirk Coussee
Official Gazette
25-11-2025 (pdf) ↗search the document for 2025/148605

Curator

  • Lise VermeerschKachtemsestraat 334, 8800 Roeselarelise@sterckxadvocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
24 d early
2023
28 d late
2022
22 d late
2021
11 d early
2020
31 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DAVID & EHRIG was incorporated on 22 April 1993.1 Total assets rose from EUR 709,911 in 2018 to EUR 969,211 in 2024 and headcount from 4.7 to 4 full-time equivalents.2 On 18 November 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024
  3. 3Belgian State Gazette, 25-11-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€256,369
2023 · -€451,580
Total assets
€969,211▲ 23.1%
2023 · €787,332
Net result
€707,949
2023 · -€658,983
Working capital
€75,679
2023 · -€337,108
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
Line20202021202220232024
Operating result€94,364▲ 481%-€19,716€100,635-€639,043€754,089
Net result€55,238▲ 1,757%-€38,205€40,548-€658,983€707,949
Equity€205,059▲ 36.9%€166,854▼ 18.6%€207,402▲ 24.3%-€451,580€256,369
Total assets€942,978▲ 9.6%€943,823▲ 0.1%€889,361▼ 5.8%€787,332▼ 11.5%€969,211▲ 23.1%
Debt€737,919▲ 3.8%€776,968▲ 5.3%€681,958▼ 12.2%€1.2m▲ 81.7%€712,843▼ 42.5%
Working capital€99,975▲ 142%-€60,677-€104,659▼ 72.5%-€337,108▼ 222%€75,679
Staff (FTE)5.9▲ 11.3%6.2▲ 5.1%5.2▼ 16.1%3.2▼ 38.5%4▲ 25.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m-€500,000€0€500,000€1.0mOperating result 2020: €94,364€94,364Net result 2020: €55,238€55,238Operating result 2021: -€19,716-€19,716Net result 2021: -€38,205-€38,205Operating result 2022: €100,635€100,635Net result 2022: €40,548€40,548Operating result 2023: -€639,043-€639,043Net result 2023: -€658,983-€658,983Operating result 2024: €754,089€754,089Net result 2024: €707,949€707,94920202021202220232024-€1m-€500,000€0€500,000€1mOperating result 2022: €100,635€101,000Net result 2022: €40,548€40,500Operating result 2023: -€639,043-€639,000Net result 2023: -€658,983-€659,000Operating result 2024: €754,089€754,000Net result 2024: €707,949€708,000202220232024
The operating result returns to profit in 2024: €754,089 after a loss of €639,043 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €969,211
Fixed assets €372,586 ▼ 11.5%
Current assets €596,625 ▲ 62.9%
Equity and liabilities €969,211
Equity €256,369
Debt €712,843
Debt finances 73.5% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€815,179▲
2023 · -€553,637
Cash flow
€769,039▲
2023 · -€573,576
Current ratio
1.15▲
2023 · 0.52
Quick ratio
1.03▲
2023 · 0.45
Debt to equity
2.78▲
2023 · -2.74
ROE
276.1%
ROA
73.0%▲
2023 · -83.7%
Interest coverage
29.98▲
2023 · -27.71
Debt ≤ 1 year
€520,946▼
2023 · €703,375
Debt > 1 year
€177,218▼
2023 · €527,504
Income taxes
€21,860▲
2023 · €580
Staff costs
€281,641▲
2023 · €190,194
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet Code20232024
Assets
Total assets20/58€787,332€969,211▲
Fixed assets21/28€421,066€372,586▼
Intangible fixed assets21€18,477€12,904▼
Tangible fixed assets22/27€182,590€150,932▼
Plant, machinery and equipment23€55,018€44,202▼
Furniture and vehicles24€9,129€68,509▲
Leasing and similar rights25€2,239-
Other tangible fixed assets26€116,204€38,222▼
Financial fixed assets28€220,000€208,750▼
Current assets29/58€366,266€596,625▲
Stocks and contracts in progress3€47,359€57,597▲
Stocks30/36€47,359€57,597▲
Amounts receivable within one year40/41€226,350€421,813▲
Trade receivables40€225,854€352,045▲
Other amounts receivable41€495€69,768▲
Cash at bank and in hand54/58€70,691€107,649▲
Deferred charges and accrued income490/1€21,867€9,566▼
Equity and liabilities
Total equity and liabilities10/49€787,332€969,211▲
Equity10/15-€451,580€256,369▲
Contributions10/11€20,460€20,460=
Reserves13€119,537€119,537=
Tax-exempt reserves132€22,299€22,299=
Distributable reserves133€97,238€97,238=
Profit (loss) carried forward14-€591,578€116,371▲
Amounts payable17/49€1.2m€712,843▼
Amounts payable after more than one year17€527,504€177,218▼
Financial debts170/4€527,504€177,218▼
Amounts payable within one year42/48€703,375€520,946▼
Current portion of amounts payable after more than one year42€56,200€45,248▼
Financial debts43€105,073€14,707▼
Credit institutions430/8€105,073€14,707▼
Trade debts44€433,433€337,272▼
Suppliers440/4€433,433€337,272▼
Taxes, remuneration and social security45€33,751€59,737▲
Taxes450/3€14,855€20,246▲
Remuneration and social security454/9€18,895€39,491▲
Other amounts payable47/48€74,918€63,983▼
Accrued charges and deferred income492/3€8,033€14,679▲
Income statement Code20232024
Non-recurring operating income76A€275€903,859▲
Remuneration, social security and pensions62€190,194€281,641▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85,406€61,090▼
Other operating charges640/8€36,653€30,904▼
Non-recurring operating charges66A-€49,292
Gross operating margin9900-€326,790€1.2m▲
Operating profit (loss)9901-€639,043€754,089▲
Financial income75/76B€618€2,907▲
Recurring financial income75€618€2,907▲
Financial charges65/66B€19,978€27,187▲
Recurring financial charges65€19,978€27,187▲
Profit (loss) for the period before taxes9903-€658,403€729,809▲
Income taxes67/77€580€21,860▲
Profit (loss) for the period9904-€658,983€707,949▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905-€658,983€707,949▲
Appropriation of the result
Profit (loss) to be appropriated9906-€591,578€116,371▲
Profit (loss) brought forward from the previous period14P€67,405-€591,578▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90873.24.0▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€500€275€903,859▲ 328,576%
Remuneration, social security and pensions62-€351,955€297,297€190,194€281,641▲ 48.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103,948€98,751€89,899€85,406€61,090▼ 28.5%
Other operating charges640/8-€38,641€20,170€36,653€30,904▼ 15.7%
Non-recurring operating charges66A-€143,787--€49,292-
Gross operating margin9900€513,598€613,419€508,002-€326,790€1.2m▲ 460%
Operating profit (loss)9901€94,364-€19,716€100,635-€639,043€754,089▲ 218%
Financial income75/76B-€7,237€96€618€2,907▲ 370%
Recurring financial income75€7,926€7,237€96€618€2,907▲ 370%
Financial charges65/66B-€18,825€16,066€19,978€27,187▲ 36.1%
Recurring financial charges65€16,547€12,952€16,066€19,978€27,187▲ 36.1%
Non-recurring financial charges66B-€5,873----
Profit (loss) for the period before taxes9903€85,743-€31,304€84,666-€658,403€729,809▲ 211%
Income taxes67/77€30,505€6,901€44,118€580€21,860▲ 3,670%
Profit (loss) for the period9904€55,238-€38,205€40,548-€658,983€707,949▲ 207%
Transfer from tax-exempt reserves789-€40,300€40,300€0--
Profit (loss) for the period to be appropriated9905€55,238€2,095€80,848-€658,983€707,949▲ 207%
Line20202021202220232024Change
Assets
Total assets20/58€942,978€943,823€889,361€787,332€969,211▲ 23.1%
Fixed assets21/28€257,952€472,987€474,218€421,066€372,586▼ 11.5%
Intangible fixed assets21€26,326€15,747€26,565€18,477€12,904▼ 30.2%
Tangible fixed assets22/27€222,875€287,240€227,654€182,590€150,932▼ 17.3%
Plant, machinery and equipment23-€59,619€52,973€55,018€44,202▼ 19.7%
Furniture and vehicles24-€64,023€30,475€9,129€68,509▲ 650%
Leasing and similar rights25-€17,802€10,020€2,239--
Other tangible fixed assets26-€145,796€134,186€116,204€38,222▼ 67.1%
Financial fixed assets28€8,750€170,000€220,000€220,000€208,750▼ 5.1%
Current assets29/58€685,026€470,836€415,142€366,266€596,625▲ 62.9%
Stocks and contracts in progress3€6,880€56,131€36,324€47,359€57,597▲ 21.6%
Stocks30/36-€56,131€36,324€47,359€57,597▲ 21.6%
Amounts receivable within one year40/41€357,484€303,729€198,597€226,350€421,813▲ 86.4%
Trade receivables40-€280,349€168,636€225,854€352,045▲ 55.9%
Other amounts receivable41-€23,380€29,961€495€69,768▲ 13,984%
Cash at bank and in hand54/58€276,576€104,695€152,104€70,691€107,649▲ 52.3%
Deferred charges and accrued income490/1-€6,280€28,117€21,867€9,566▼ 56.3%
Equity and liabilities
Total equity and liabilities10/49€942,978€943,823€889,361€787,332€969,211▲ 23.1%
Equity10/15€205,059€166,854€207,402-€451,580€256,369▲ 157%
Contributions10/11-€20,460€20,460€20,460€20,460=
Reserves13€119,537€119,537€119,537€119,537€119,537=
Tax-exempt reserves132-€22,299€22,299€22,299€22,299=
Distributable reserves133-€97,238€97,238€97,238€97,238=
Profit (loss) carried forward14€65,061€26,857€67,405-€591,578€116,371▲ 120%
Amounts payable17/49€737,919€776,968€681,958€1.2m€712,843▼ 42.5%
Amounts payable after more than one year17€142,898€216,013€153,705€527,504€177,218▼ 66.4%
Financial debts170/4-€216,013€153,705€527,504€177,218▼ 66.4%
Amounts payable within one year42/48€585,052€531,512€519,801€703,375€520,946▼ 25.9%
Current portion of amounts payable after more than one year42-€67,162€61,269€56,200€45,248▼ 19.5%
Financial debts43-€150,000€235,000€105,073€14,707▼ 86.0%
Credit institutions430/8-€150,000€235,000€105,073€14,707▼ 86.0%
Trade debts44€149,101€105,198€121,805€433,433€337,272▼ 22.2%
Suppliers440/4-€105,198€121,805€433,433€337,272▼ 22.2%
Taxes, remuneration and social security45-€66,822€20,675€33,751€59,737▲ 77.0%
Taxes450/3-€30,660€5,275€14,855€20,246▲ 36.3%
Remuneration and social security454/9-€36,161€15,400€18,895€39,491▲ 109%
Other amounts payable47/48-€142,331€81,052€74,918€63,983▼ 14.6%
Accrued charges and deferred income492/3-€29,443€8,452€8,033€14,679▲ 82.7%
Line20202021202220232024Change
Profit (loss) for the period9904€55,238-€38,205€40,548-€658,983€707,949▲ 207%
+ Depreciation and write-downs630€103,948€98,751€89,899€85,406€61,090▼ 28.5%
Operating cash flow (approximation)€159,186€60,547€130,447-€573,576€769,039▲ 234%
Investment in fixed assets (approximation)--€313,787-€91,131-€32,254-€12,610▲ 60.9%
Change in cash--€171,880€47,409-€81,413€36,958▲ 145%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 18-11-2025
07-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €707,949
Net result €707,949 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.15
Current ratio from 0.52 to 1.15; short-term debt falls from €703,375 to €520,946.
31-12
Financial Equity above €200,000Eq €256,369
Equity rises from -€451,580 to €256,369.
28-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial Weakest financial yearnet -€658,983
Net result drops to -€658,983, the lowest in the series.
22-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 22 days late
2022
31-12
Financial Back to profitnet €40,548
Net result €40,548 after one loss-making year.
31-12
Financial Equity above €200,000Eq €207,402 ▲24.3%
Equity rises from €166,854 to €207,402.
20-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
Show earlier events
2020
31-12
Financial Equity above €200,000Eq €205,059 ▲36.9%
3 profitable years in a row build equity to €205,059.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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, Izegem · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
2,648 m²
Building footprint
876 m²
Volume, LiDAR
7,873 m³
Parcel 36009A0479/00S000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Lodewijk de Raetlaan 39, 8870 Izegem
Agents in the wholesale of timber and building materials
since 20132.217.467.411
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36009A0479/00S000 Flanders 2,648 m² 1 · 876 m² 12.0 m · 3 fl.
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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LISE VERMEERSCH
KACHTEMSESTRAAT 334, 8800 ROESELARE
18-11-2025 → present

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of DAVID & EHRIG 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 90 EUR awarded · 90 EUR paid
Year Entries awardedpaid
2023 1 90 EUR90 EUR
Schemes
1 entry · 90 EUR · 90 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 6,708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-04-1993
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
46130Agents in the wholesale of timber and building materials
46180Agents specialised in the wholesale of other particular products
64210Activities of holding companies
70200Business and other management consultancy
Contact
E-mail info@da-eh.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.