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David Keeps Going

Active
Private limited companyfounded 2024active for 2 yearsBurgemeester Gerard Bijnenslaan 1, 3600 Genk, BelgiumKBO/BCE: BE 1014.155.784
Summary

David Keeps Going has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,769 and a net result of €31,769. Its solvency ranks better than 24% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (74 days) Filed on 13 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00555321.

Turnover
≈ €120,000
Estimated: probably between €69,000 and €160,000
Total assets
€67,837
Net result
€31,769
Working capital
-€10,368

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €67,837
Fixed assets €26,837
Current assets €41,000
Equity and liabilities €67,837
Equity €14,769
Debt €53,068
Debt finances 78.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€38,709
Cash flow
€33,243
Current ratio
0.80
Quick ratio
0.55
Debt to equity
3.59
ROE
215.1%
ROA
46.8%
Interest coverage
47.05
Debt ≤ 1 year
€51,368
Income taxes
€4,791

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€67,837
Fixed assets21/28€26,837
Tangible fixed assets22/27€26,837
Furniture and vehicles24€26,837
Current assets29/58€41,000
Stocks and contracts in progress3€12,578
Stocks30/36€12,578
Amounts receivable within one year40/41€12,547
Trade receivables40€12,547
Cash at bank and in hand54/58€15,238
Deferred charges and accrued income490/1€637
Equity and liabilities
Total equity and liabilities10/49€67,837
Equity10/15€14,769
Contributions10/11€2,000
Reserves13€12,000
Distributable reserves133€12,000
Profit (loss) carried forward14€769
Amounts payable17/49€53,068
Amounts payable within one year42/48€51,368
Trade debts44€1,628
Suppliers440/4€1,628
Taxes, remuneration and social security45€12,129
Taxes450/3€12,129
Other amounts payable47/48€37,611
Accrued charges and deferred income492/3€1,700
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,474
Other operating charges640/8€2,093
Gross operating margin9900€40,802
Operating profit (loss)9901€37,235
Financial income75/76B€148
Recurring financial income75€148
Financial charges65/66B€823
Recurring financial charges65€823
Profit (loss) for the period before taxes9903€36,560
Income taxes67/77€4,791
Profit (loss) for the period9904€31,769
Profit (loss) for the period to be appropriated9905€31,769
Appropriation of the result
Profit (loss) to be appropriated9906€31,769
Transfer to equity691/2€12,000
To other reserves6921€12,000
Profit to be distributed694/7€19,000
Directors or managers695€19,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,474
Other operating charges640/8€2,093
Gross operating margin9900€40,802
Operating profit (loss)9901€37,235
Financial income75/76B€148
Recurring financial income75€148
Financial charges65/66B€823
Recurring financial charges65€823
Profit (loss) for the period before taxes9903€36,560
Income taxes67/77€4,791
Profit (loss) for the period9904€31,769
Profit (loss) for the period to be appropriated9905€31,769
Line2025
Assets
Total assets20/58€67,837
Fixed assets21/28€26,837
Tangible fixed assets22/27€26,837
Furniture and vehicles24€26,837
Current assets29/58€41,000
Stocks and contracts in progress3€12,578
Stocks30/36€12,578
Amounts receivable within one year40/41€12,547
Trade receivables40€12,547
Cash at bank and in hand54/58€15,238
Deferred charges and accrued income490/1€637
Equity and liabilities
Total equity and liabilities10/49€67,837
Equity10/15€14,769
Contributions10/11€2,000
Reserves13€12,000
Distributable reserves133€12,000
Profit (loss) carried forward14€769
Amounts payable17/49€53,068
Amounts payable within one year42/48€51,368
Trade debts44€1,628
Suppliers440/4€1,628
Taxes, remuneration and social security45€12,129
Taxes450/3€12,129
Other amounts payable47/48€37,611
Accrued charges and deferred income492/3€1,700
Line2025
Profit (loss) for the period9904€31,769
+ Depreciation and write-downs630€1,474
Operating cash flow (approximation)€33,243

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 13-10-2026 2026-00555321

Similar companies · same sector, comparable size

Of the 82,475 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,350. 28,883 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.