DAVORE
ActiveSummary
DAVORE has been active since 1986 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €812,119 and a net result of -€44,112. Equity is shrinking by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-75
Solvency94▼-1
Growth32=
Track record92
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 1.14 in 2024; short-term debt: 28.4% and cash: 0.1% of total assets), and 30.9% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.1%
Return on assets
-3.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
29 d late
2023
50 d late
2022
69 d early
2021
29 d late
2020
136 d late
2019
487 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 84 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout initial
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 98 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€44,112
2024 · €298,573
Working capital
-€18,361
2024 · €44,346
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
Line20212022202320242025
Operating result-€8,247€4,592-€730,477€301,871-€3,945
Net result-€13,987-€6,813▲ 51.3%-€747,907▼ 10,878%€298,573-€44,112
Equity€1.3m▼ 1.1%€1.3m▼ 0.5%€557,658▼ 57.3%€856,231▲ 53.5%€812,119▼ 5.2%
Total assets€2.0m▼ 2.3%€2.0m▼ 0.8%€1.2m▼ 39.6%€1.2m▼ 0.1%€1.2m▼ 3.8%
Debt€726,662▼ 4.4%€717,497▼ 1.3%€663,393▼ 7.5%€364,140▼ 45.1%€362,475▼ 0.5%
Working capital€498,654▼ 4.6%€480,815▼ 3.6%-€278,857€44,346-€18,361
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,945 after €301,871 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€859,746 ▼ 0.3%
Current assets
€314,848 ▼ 12.1%
Equity and liabilities €1.2m
Equity
€812,119 ▼ 5.2%
Debt
€362,475 ▼ 0.5%
Debt's share of the balance-sheet total rises from 29.8% to 30.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,026▼
2024 · €308,055
Cash flow
-€37,141▼
2024 · €304,757
Current ratio
0.94▼
2024 · 1.14
Debt to equity
0.45▲
2024 · 0.43
ROE
-5.4%▼
2024 · 34.9%
ROA
-3.8%▼
2024 · 24.5%
Interest coverage
1.15▼
2024 · 90.47
Debt ≤ 1 year
€333,209▲
2024 · €313,914
Debt > 1 year
€29,266▼
2024 · €50,226
Income taxes
€37,547
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,595 | €7,594 | €7,595 | €6,184 | €6,971 | ▲ 12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €727,433 | - | - | - |
| Other operating charges640/8 | €5,098 | €1,718 | €7,127 | €4,711 | €2,260 | ▼ 52.0% |
| Gross operating margin9900 | €4,446 | €13,904 | €11,678 | €312,766 | €5,286 | ▼ 98.3% |
| Operating profit (loss)9901 | -€8,247 | €4,592 | -€730,477 | €301,871 | -€3,945 | ▼ 101% |
| Financial income75/76B | - | - | - | €107 | - | - |
| Recurring financial income75 | - | - | - | €107 | - | - |
| Financial charges65/66B | €5,740 | €11,405 | €17,430 | €3,405 | €2,620 | ▼ 23.1% |
| Recurring financial charges65 | €5,740 | €11,405 | €17,430 | €3,405 | €2,620 | ▼ 23.1% |
| Profit (loss) for the period before taxes9903 | -€13,987 | -€6,813 | -€747,907 | €298,573 | -€6,565 | ▼ 102% |
| Income taxes67/77 | - | - | - | - | €37,547 | - |
| Profit (loss) for the period9904 | -€13,987 | -€6,813 | -€747,907 | €298,573 | -€44,112 | ▼ 115% |
| Profit (loss) for the period to be appropriated9905 | -€13,987 | -€6,813 | -€747,907 | €298,573 | -€44,112 | ▼ 115% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €2.0m | €1.2m | €1.2m | €1.2m | ▼ 3.8% |
| Fixed assets21/28 | €922,079 | €914,485 | €906,890 | €862,111 | €859,746 | ▼ 0.3% |
| Tangible fixed assets22/27 | €222,079 | €214,485 | €206,890 | €162,111 | €159,746 | ▼ 1.5% |
| Land and buildings22 | €217,846 | €211,663 | €205,479 | €162,111 | €159,746 | ▼ 1.5% |
| Other tangible fixed assets26 | €4,233 | €2,822 | €1,411 | - | - | - |
| Financial fixed assets28 | €700,000 | €700,000 | €700,000 | €700,000 | €700,000 | = |
| Current assets29/58 | €1.1m | €1.1m | €314,161 | €358,260 | €314,848 | ▼ 12.1% |
| Amounts receivable within one year40/41 | €1.1m | €1.1m | €312,561 | €313,500 | €313,500 | = |
| Trade receivables40 | - | €350 | €61 | €1,000 | €1,000 | = |
| Other amounts receivable41 | €1.1m | €1.1m | €312,500 | €312,500 | €312,500 | = |
| Cash at bank and in hand54/58 | €1,838 | €554 | €1,600 | €44,760 | €1,348 | ▼ 97.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €2.0m | €1.2m | €1.2m | €1.2m | ▼ 3.8% |
| Equity10/15 | €1.3m | €1.3m | €557,658 | €856,231 | €812,119 | ▼ 5.2% |
| Contributions10/11 | €594,944 | €594,944 | €594,944 | €594,944 | €594,944 | = |
| Capital10 | €594,944 | €594,944 | €594,944 | €594,944 | €594,944 | = |
| Issued capital100 | €594,944 | €594,944 | €594,944 | €594,944 | €594,944 | = |
| Reserves13 | €59,494 | €59,494 | €59,494 | €59,494 | €59,494 | = |
| Non-distributable reserves130/1 | €59,494 | €59,494 | €59,494 | €59,494 | €59,494 | = |
| Legal reserve130 | €59,494 | €59,494 | €59,494 | €59,494 | €59,494 | = |
| Profit (loss) carried forward14 | €657,940 | €651,127 | -€96,780 | €201,793 | €157,681 | ▼ 21.9% |
| Amounts payable17/49 | €726,662 | €717,497 | €663,393 | €364,140 | €362,475 | ▼ 0.5% |
| Amounts payable after more than one year17 | €108,355 | €89,735 | €70,375 | €50,226 | €29,266 | ▼ 41.7% |
| Financial debts170/4 | €108,355 | €89,735 | €70,375 | €50,226 | €29,266 | ▼ 41.7% |
| Amounts payable within one year42/48 | €618,307 | €627,762 | €593,018 | €313,914 | €333,209 | ▲ 6.1% |
| Current portion of amounts payable after more than one year42 | €17,899 | €18,620 | €19,360 | €20,149 | €20,961 | ▲ 4.0% |
| Trade debts44 | €482,350 | €494,760 | €457 | €564 | €3,147 | ▲ 458% |
| Suppliers440/4 | €482,350 | €494,760 | €457 | €564 | €3,147 | ▲ 458% |
| Taxes, remuneration and social security45 | €7,229 | - | - | - | - | - |
| Taxes450/3 | €7,229 | - | - | - | - | - |
| Other amounts payable47/48 | €110,829 | €114,382 | €573,201 | €293,201 | €309,101 | ▲ 5.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,987 | -€6,813 | -€747,907 | €298,573 | -€44,112 | ▼ 115% |
| + Depreciation and write-downs630 | €7,595 | €7,594 | €7,595 | €6,184 | €6,971 | ▲ 12.7% |
| Operating cash flow (approximation) | -€6,392 | €781 | -€740,312 | €304,757 | -€37,141 | ▼ 112% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €38,595 | -€4,606 | ▼ 112% |
| Change in cash | - | -€1,284 | €1,046 | €43,160 | -€43,412 | ▼ 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
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €298,573
Net result €298,573 after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.53 to 1.14; short-term debt falls from €593,018 to €313,914.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Weakest financial yearnet -€747,907
Net result drops to -€747,907, the lowest in the series; recovery starts the following year.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 136 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 487 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 853 days late
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1190 days late
Show earlier events
06-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1467 days late
2020
31-12
Financial
Back to profitnet €51,089
Net result €51,089 after one loss-making year.
2019
20-11
KBO administration
Strikeout initial
event 04-11-2019
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Braine-l'Alleud · 1 establishment unit since 1986
Ground area
2,750 m²
Building footprint
384 m²
Volume, LiDAR
2,113 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Avenue du Sud 35, 6001 Charleroi
since 19862.035.018.131
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392D0073/00A040 | Wallonia | 1,883 m² | 1 · 263 m² | 6.8 m · 2 fl. |
| 25078A0388/00R000 | Wallonia | 867 m² | 1 · 121 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the 2025 annual accounts of DAVORE 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.
Identification & contact
Identification
Legal formPublic limited company
Founded13-05-1986
Fiscal year end31-12
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Agenda
Rapport du C.A. Approbation comptes annuels. Affectation résultats. Décharge administrateurs. Nominations. Divers. (AOPC11300266/ 02.04) (11348) (Deze publicatie had moeten verschijnen op 27 maart 2013.) BNP Paribas B Fund I, bevek naar Belgisch recht, Categorie ICBE, Warandeberg 3, 1000 Brussel Ondernemingsnummer : 0444.226.049 Bijeenroeping van de gewone algemene vergadering De gewone algemene vergadering van aandeelhouders zal doorgaan op 11 april 2013, om 14 uur, Vooruitgangsstraat 55, te 1210 Brussel, om kennis te nemen van de jaarverslagen van de raad van bestuur en van de commissaris en de volgende voorstellen goed te keuren : 1. Goedkeuring van de jaarrekening afgesloten op 31 decemb ...