DAVOLPE
InactiveDAVOLPE was declared bankrupt on 01-09-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 02-04-2024, published in the Belgian State Gazette on 09-04-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-06-2022, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
54 d early
2020
87 d early
2019
84 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 75 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, abbreviated schema
Equity
€6,316
2020 · -€18,597
Total assets
€6,316▼ 99.0%
2020 · €614,077
Net result
€24,913
2020 · -€127,014
Working capital
-€18,597
2019 · €108,416
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
Line2018201920202021
Operating result-€746--€1,812▼ 143%-€110,390▼ 5,992%€27,988
Net result-€975--€2,179▼ 123%-€127,014▼ 5,729%€24,913
Equity€110,595-€108,416▼ 2.0%-€18,597€6,316
Total assets€110,595-€964,310▲ 772%€614,077▼ 36.3%€6,316▼ 99.0%
Debt€855,894€632,674▼ 26.1%
Working capital€108,416-€18,597
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2020 Net result -5,729% on 2019. The previous fiscal year ran 13 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €27,988 after a loss of €110,390 in 2020, the highest result in the available series.
Key figures and ratios
Solvency
100.0%▲
2020 · -3.0%
ROE
394.5%
ROA
394.5%▲
2020 · -20.7%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €1,291 | - |
| Gross operating margin9900 | -€91 | -€1,128 | -€109,291 | €29,280 | ▲ 127% |
| Operating profit (loss)9901 | -€746 | -€1,812 | -€110,390 | €27,988 | ▲ 125% |
| Financial charges65/66B | - | - | - | €3,075 | - |
| Recurring financial charges65 | €229 | €367 | €16,623 | €3,075 | ▼ 81.5% |
| Profit (loss) for the period before taxes9903 | -€975 | -€2,179 | -€127,014 | €24,913 | ▲ 120% |
| Profit (loss) for the period9904 | -€975 | -€2,179 | -€127,014 | €24,913 | ▲ 120% |
| Profit (loss) for the period to be appropriated9905 | -€975 | -€2,179 | -€127,014 | €24,913 | ▲ 120% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €110,595 | €964,310 | €614,077 | €6,316 | ▼ 99.0% |
| Current assets29/58 | €110,595 | €964,310 | €614,077 | €6,316 | ▼ 99.0% |
| Stocks and contracts in progress3 | - | €957,752 | €566,908 | - | - |
| Amounts receivable within one year40/41 | €11,500 | - | - | €94 | - |
| Trade receivables40 | - | - | - | €94 | - |
| Cash at bank and in hand54/58 | €99,095 | €6,558 | €47,169 | €6,222 | ▼ 86.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €110,595 | €964,310 | €614,077 | €6,316 | ▼ 99.0% |
| Equity10/15 | €110,595 | €108,416 | -€18,597 | €6,316 | ▲ 134% |
| Contributions10/11 | €102,000 | €102,000 | €102,000 | €102,000 | = |
| Capital10 | - | - | - | €102,000 | - |
| Issued capital100 | - | - | - | €102,000 | - |
| Reserves13 | €10,200 | €10,200 | €10,200 | €10,200 | = |
| Non-distributable reserves130/1 | - | - | - | €10,200 | - |
| Legal reserve130 | - | - | - | €10,200 | - |
| Profit (loss) carried forward14 | -€1,605 | -€3,784 | -€130,797 | -€105,884 | ▲ 19.0% |
| Amounts payable17/49 | - | €855,894 | €632,674 | - | - |
| Amounts payable within one year42/48 | - | €855,894 | €632,674 | - | - |
| Trade debts44 | - | - | €1,629 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€975 | -€2,179 | -€127,014 | €24,913 | ▲ 120% |
| Operating cash flow (approximation) | -€975 | -€2,179 | -€127,014 | €24,913 | ▲ 120% |
| Change in cash | - | -€92,537 | €40,611 | -€40,947 | ▼ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
09-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 02-04-2024
2022
07-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-09-2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €24,913
Net result €24,913 after 3 loss-making years.
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€127,014
Net result drops to -€127,014, the lowest in the series.
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
22-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
31-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DOMINIQUE CLAES MECHELSESTEENWEG 12 /6,
2000 ANTWERPEN 1 |
01-09-2022 → 02-04-2024 |