DAVST
ActiveDAVST has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €468k and a net result of €36k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 3657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-40
Solvency70▼-17
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 2.48 in 2024; short-term debt: 29.8% and cash: 30.2% of total assets), and 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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
44.6%
Return on assets
3.4%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €468k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
22 d late
2024
29 d late
2023
1 d early
2022
on the day
2021
5 d early
2020
3 d early
2019
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€36k▼ 83.8%
2024 · €223k
2019: €52k
2020: €-50k
2021: €111k
2022: €7k
2023: €120k
2024: €223k
2019 → 2025
Working capital
€145k▼ 52.5%
2024 · €305k
2019: €-73k
2020: €-119k
2021: €-12k
2022: €23k
2023: €92k
2024: €305k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€89k▲ 8.9%€209k▲ 135%€432k▲ 107%€468k▲ 8.3%
Operating result€122k-€14k▼ 88.2%€160k▲ 1,010%€372k▲ 133%€78k▼ 79.2%
Net result€111k-€7k▼ 93.4%€120k▲ 1,550%€223k▲ 85.8%€36k▼ 83.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€590k▲ 214%
Current assets
€457k▼ 10.6%
Equity and liabilities €1.05M
Equity
€468k▲ 8.3%
Provisions
€44k▲ 53.0%
Debt
€536k▲ 124%
The debt ratio rises from 34.2% to 51.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€157k▼
2024 · €437k
Cash flow
€115k▼
2024 · €287k
Solvency
44.6%▼
2024 · 61.7%
Current ratio
1.46▼
2024 · 2.48
Quick ratio
1.32▼
2024 · 2.30
Debt / equity
1.15▲
2024 · 0.55
ROE
7.7%▼
2024 · 51.6%
ROA
3.4%▼
2024 · 31.8%
Interest coverage
4.46▼
2024 · 12.07
Debt
€536k▲
2024 · €239k
Debt ≤ 1 year
€313k▲
2024 · €207k
Debt > 1 year
€223k▲
2024 · €31k
Income taxes
€8k▼
2024 · €116k
Staff costs
€552k▼
2024 · €928k
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€700k€1.05M▲
Fixed assets21/28€188k€590k▲
Tangible fixed assets22/27€188k€590k▲
Plant, machinery and equipment23€40k€187k▲
Furniture and vehicles24€84k€101k▲
Other tangible fixed assets26€64k€302k▲
Current assets29/58€512k€457k▼
Amounts receivable after more than one year29-€40k
Other amounts receivable291-€40k
Stocks and contracts in progress3€37k€44k▲
Stocks30/36€37k€44k▲
Amounts receivable within one year40/41€23k€56k▲
Trade receivables40€4k€17k▲
Other amounts receivable41€19k€39k▲
Cash at bank and in hand54/58€442k€316k▼
Deferred charges and accrued income490/1€10k€2k▼
Equity and liabilities
Total equity and liabilities10/49€700k€1.05M▲
Equity10/15€432k€468k▲
Contributions10/11€19k€19k=
Reserves13€342k€377k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€340k€375k▲
Profit (loss) carried forward14€71k€72k▲
Provisions and deferred taxes16€29k€44k▲
Provisions for liabilities and charges160/5€29k€44k▲
Other liabilities and charges164/5€29k€44k▲
Amounts payable17/49€239k€536k▲
Amounts payable after more than one year17€31k€223k▲
Financial debts170/4€31k€223k▲
Amounts payable within one year42/48€207k€313k▲
Current portion of amounts payable after more than one year42€30k€69k▲
Trade debts44€68k€152k▲
Suppliers440/4€68k€152k▲
Taxes, remuneration and social security45€108k€91k▼
Taxes450/3€32k€33k▲
Remuneration and social security454/9€76k€58k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€928k€552k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€79k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€29k€15k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€4k-
Gross operating margin9900€1.40M€728k▼
Operating profit (loss)9901€372k€78k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€36k€35k▼
Recurring financial charges65€36k€35k▼
Profit (loss) for the period before taxes9903€338k€44k▼
Income taxes67/77€116k€8k▼
Profit (loss) for the period9904€223k€36k▼
Profit (loss) for the period to be appropriated9905€223k€36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€292k€107k▼
Profit (loss) brought forward from the previous period14P€70k€71k▲
Transfer to equity691/2€221k€35k▼
To other reserves6921€221k€35k▼
Social balance
Average headcount (FTE)908713.516.4▲
The notes to these accounts (10 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
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €223k ▲85.8%
Operating result €372k, net result €223k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Equity above €200kEq €209k ▲135%
3 profitable years in a row build equity to €209k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Back to profitnet €111k
Net result €111k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Weakest financial yearnet €-50k ▼197%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Namur · 1 establishment unit since 2009
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.
Chaussée de Waterloo(SS) 4735002 NamurGround area
587 m²
Building footprint
435 m²
Volume, LiDAR
2,323 m³
Parcel 92108B0384/00G013, Wallonia · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRASSERIE EDGARD
since 20092.176.371.281
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92108B0384/00G013 | Wallonia | 587 m² | 1 · 435 m² | 10.7 m · 2 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 siteNamur2.176.371.281
Legal Entity Identifier
98450099EFE645B9A615
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 6,487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2009
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
56210Event catering
56302Nightclubs
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@brasserieedgard.be
Phone:+32476392040
Phone:+3281460800