Turnover
≈ €140,000 estimated
The micro format states no turnover.
DAVIDCO
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €78,319 (2013)
€14,288▲ €14,536
lowest -€887 (2015)
€12,880▲ €13,127
peak €71,006 (2019)
€70,788unchanged
€20,395▲ 82×
peak 3.2 FTE (2007)
-not published
Board2 names since 1997
1 director
Documentsfilings and deeds
17-08-202617 days late
2025micro format
Gross margin from -€248 to €14,288Back to profit: €12,880Company renamed from CIEVANKO to DAVIDCO 30-06Debts from €248 to €20,395
Key points
from the 2025 annual accountsInvestments
€12,600 13.4 × depreciation
Green is investment, beige is depreciation.
Filings
30 annual accounts since 1996
Ten of the last ten came late. The 2023 accounts came latest: 62 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as DAVIDCO has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 31,356 companies, not a prediction for DAVIDCO. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452123433
Company renamed from CIEVANKO to DAVIDCO
Resignations: (director) and (director) · Appointment: (director) · “Het uitbaten van restaurants,drankgelegenheden,verbruikssalons,tearooms en cremeries,het verrichten van alle…” (deed in Dutch) · Gazette deed
First establishment
DEN BRANDEWIJN, Oudenaardseweg (W.-M.) 90, Wortegem-Petegem
Incorporation
published on 26-02-1994 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DAVIDCO Wortegem-Petegem | €91,182 | €14,288 | 77.6% | - |
| GLASKUNST ATRIVM RESTAURATIE Nazareth-De Pinte | €82,206 | €14,643 | 84.0% | - |
| TRADI - DECOR Beauvechain | €102,498 | €12,548 | 89.1% | - |
| DECORATIE DOORNAERT Menen | €102,701 | €17,183 | 86.2% | - |
| HUIZE KRIBO Deinze | €70,978 | €12,760 | 79.2% | - |
| Deco d'oro Gavere | €77,939 | €10,627 | 96.1% | - |
| WYLOCK Oosterzele | €67,736 | €17,952 | 89.6% | - |
These companies have the same main activity as DAVIDCO: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €67,700 and €103,000, founded between 1987 and 1997.
Official details
Source: KBO- Status
- Active since 10-02-1994Normal situation
- Activity
- Painting of buildingsNACE 43341and 4 others
- Establishment unit
- 2.066.146.5209790 Wortegem-Petegem, since 28-03-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2025
Insights on DAVIDCO
DAVIDCO files the micro format. That format states no turnover. The gross margin fell from €44,080 in 2006 to €14,288 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DAVIDCO
- What is the company number of DAVIDCO?
- The company number of DAVIDCO is 0452.123.433. The VAT number is the same number with BE in front: BE 0452.123.433.
- Where is DAVIDCO based?
- The registered office is at Oudenaardseweg (W.-M.) 90, 9790 Wortegem-Petegem.Company details
- What does DAVIDCO do?
- According to the KBO register, the main activity is painting of buildings (NACE 43341).
- What is the legal form of DAVIDCO?
- DAVIDCO is a public limited company (NV).
- When was DAVIDCO founded?
- DAVIDCO was founded on 10-02-1994.
- Is DAVIDCO still active?
- Yes, DAVIDCO is an active enterprise in the KBO register.
- What is the turnover of DAVIDCO?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €14,288 and 159 comparable companies (NACE 433). It probably lies between €84,000 and €300,000. It is a rough estimate.Financials
- Is DAVIDCO profitable?
- In financial year 2025, DAVIDCO made a profit of €12,880.
- Where can I find the annual accounts of DAVIDCO?
- DAVIDCO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DAVIDCO due?
- DAVIDCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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