DAVINIA HORECA
ActiveDAVINIA HORECA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €-10k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 3663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66=
Solvency64▼-17
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.21 against 0.48 in 2024; short-term debt: 31.2% and cash: 3.7% of total assets), and 60.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
39.2%
Return on assets
-2.3%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
5 d early
2022
28 d late
2021
30 d late
2020
27 d late
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€178k▼ 5.5%
2024 · €188k
2019: €210k
2020: €191k
2021: €213k
2022: €200k
2023: €196k
2024: €188k
2019 → 2025
Total assets
€455k▲ 35.0%
2024 · €337k
2019: €598k
2020: €529k
2021: €501k
2022: €465k
2023: €392k
2024: €337k
2019 → 2025
Net result
€-10k▼ 42.4%
2024 · €-7k
2019: €-63k
2020: €-18k
2021: €22k
2022: €-13k
2023: €-5k
2024: €-7k
2019 → 2025
Working capital
€-113k▼ 149%
2024 · €-45k
2019: €-166k
2020: €-129k
2021: €-195k
2022: €-147k
2023: €-78k
2024: €-45k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€213k-€200k▼ 6.1%€196k▼ 2.3%€188k▼ 3.7%€178k▼ 5.5%
Operating result€25k-€-12k€-2k▲ 81.6%€-6k▼ 162%€-8k▼ 26.7%
Net result€22k-€-13k€-5k▲ 64.6%€-7k▼ 57.3%€-10k▼ 42.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €6k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €455k
Fixed assets
€425k▲ 44.0%
Current assets
€29k▼ 29.3%
Equity and liabilities €455k
Equity
€178k▼ 5.5%
Provisions
€18k▼ 12.6%
Debt
€259k▲ 102%
The debt ratio rises from 38.0% to 56.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €56k
Cash flow
€56k▲
2024 · €55k
Solvency
39.2%▼
2024 · 56.0%
Current ratio
0.21▼
2024 · 0.48
Quick ratio
0.21▼
2024 · 0.48
Debt / equity
1.45▲
2024 · 0.68
ROE
-5.8%▼
2024 · -3.8%
ROA
-2.3%▼
2024 · -2.1%
Interest coverage
11.52▼
2024 · 15.41
Debt
€259k▲
2024 · €128k
Debt ≤ 1 year
€142k▲
2024 · €87k
Debt > 1 year
€115k▲
2024 · €40k
Income taxes
€265▼
2024 · €267
Staff costs
€154k▲
2024 · €123k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€337k€455k▲
Fixed assets21/28€296k€425k▲
Tangible fixed assets22/27€295k€425k▲
Land and buildings22€222k€226k▲
Plant, machinery and equipment23€51k€187k▲
Furniture and vehicles24€23k€13k▼
Financial fixed assets28€50€50=
Current assets29/58€41k€29k▼
Amounts receivable within one year40/41€10k€10k▲
Trade receivables40€10k€3k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€29k€17k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€337k€455k▲
Equity10/15€188k€178k▼
Contributions10/11€20k€20k=
Reserves13€63k€56k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€61k€54k▼
Profit (loss) carried forward14€105k€102k▼
Provisions and deferred taxes16€20k€18k▼
Deferred taxes168€20k€18k▼
Amounts payable17/49€128k€259k▲
Amounts payable after more than one year17€40k€115k▲
Financial debts170/4€40k€115k▲
Amounts payable within one year42/48€87k€142k▲
Current portion of amounts payable after more than one year42€16k€49k▲
Trade debts44€24k€39k▲
Suppliers440/4€24k€39k▲
Taxes, remuneration and social security45€20k€15k▼
Taxes450/3€1k€731▼
Remuneration and social security454/9€19k€14k▼
Other amounts payable47/48€26k€39k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€123k€154k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€66k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€182k€216k▲
Operating profit (loss)9901€-6k€-8k▼
Financial income75/76B€119€88▼
Recurring financial income75€119€88▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€-10k€-13k▼
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€267€265▼
Profit (loss) for the period9904€-7k€-10k▼
Transfer from tax-exempt reserves789€8k€8k=
Profit (loss) for the period to be appropriated9905€436€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€102k▼
Profit (loss) brought forward from the previous period14P€105k€105k▲
Social balance
Average headcount (FTE)90873.94.6▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
31-03
Financial
Equity above €200kEq €213k ▲11.6%
Equity rises from €191k to €213k.
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-05-2020
Marc Spalanca: Resigned as Director
01-01-2018
Jasmine Wolfs: Resigned as Director
10-01-2017
DAVINIA IMMO: Resigned as Director
Location & real-estate footprint
Registered office, Diepenbeek · 1 establishment unit since 1999
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.
Kempenstraat 1633590 DiepenbeekGround area
1,194 m²
Building footprint
371 m²
Volume, LiDAR
1,386 m³
Parcel 71011I2027/00A000, Flanders · tallest building 8.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FRITUUR EETHUIS DAVINIA
since 19992.091.647.028
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71011I2027/00A000 | Flanders | 1,194 m² | 1 · 371 m² | 8.6 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiepenbeek2.091.647.028
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ANTIOCHIA
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DOORNZELE
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De Abt
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OSCADI
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Antwerpen · Eq €178k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 6,942 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-1999
Fiscal year end31-03
Activities, NACEBEL
55301
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.