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DAVY RAHIER

Active
Private limited companyfounded 201610 yrs activeLambrecht Bovijnstraat 12, 8340 Damme, BelgiumKBO/BCE: BE 0647.880.618

DAVY RAHIER has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €13k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 1199 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-3
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 7.64 against 4.83 in 2024; short-term debt: 11.3% and cash: 41.8% of total assets), and 15% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
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 2025
Solvency, return and age of the figures
Solvency
85%
Return on assets
7.1%
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 14-07-2026, 17 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
17 d early
2024
38 d early
2023
37 d early
2022
19 d early
2021
3 d early
2020
11 d early
2019
2 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€155k▲ 9.1%
2024 · €142k
2018: €42k 2019: €53k 2020: €99k 2021: €132k 2022: €151k 2023: €124k 2024: €142k
2018 → 2025
Total assets
€182k▼ 0.8%
2024 · €184k
2018: €79k 2019: €79k 2020: €162k 2021: €205k 2022: €223k 2023: €183k 2024: €184k
2018 → 2025
Net result
€13k▼ 26.7%
2024 · €18k
2018: €14k 2019: €11k 2020: €45k 2021: €33k 2022: €19k 2023: €27k 2024: €18k
2018 → 2025
Working capital
€137k▲ 23.6%
2024 · €111k
2018: €37k 2019: €51k 2020: €83k 2021: €106k 2022: €120k 2023: €87k 2024: €111k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€132k-€151k▲ 14.2%€124k▼ 17.4%€142k▲ 14.1%€155k▲ 9.1%
Operating result€45k-€23k▼ 48.1%€36k▲ 54.6%€24k▼ 33.0%€18k▼ 24.4%
Net result€33k-€19k▼ 43.3%€27k▲ 44.8%€18k▼ 35.1%€13k▼ 26.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2021: €45k€45kNet result 2021: €33k€33kOperating result 2022: €23k€23kNet result 2022: €19k€19kOperating result 2023: €36k€36kNet result 2023: €27k€27kOperating result 2024: €24k€24kNet result 2024: €18k€18kOperating result 2025: €18k€18kNet result 2025: €13k€13k20212022202320242025
The operating result has fallen two years in a row; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182k
Fixed assets €24k▼ 44.2%
Current assets €158k▲ 12.7%
Equity and liabilities €182k
Equity €155k▲ 9.1%
Debt €27k▼ 34.6%
The debt ratio falls from 22.7% to 15.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41k
2024 · €48k
Cash flow
€36k
2024 · €41k
Solvency
85.0%
2024 · 77.3%
Current ratio
7.64
2024 · 4.83
Quick ratio
7.64
2024 · 4.83
Debt / equity
0.18
2024 · 0.29
ROE
8.3%
2024 · 12.4%
ROA
7.1%
2024 · 9.6%
Interest coverage
118.47
2024 · 32.02
Debt
€27k
2024 · €42k
Debt ≤ 1 year
€21k
2024 · €29k
Debt > 1 year
€5k
2024 · €13k
Income taxes
€6k
2024 · €7k
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€184k€182k
Fixed assets21/28€44k€24k
Tangible fixed assets22/27€43k€24k
Land and buildings22€4k€2k
Plant, machinery and equipment23€664€420
Furniture and vehicles24€39k€21k
Financial fixed assets28€900€900=
Current assets29/58€140k€158k
Amounts receivable within one year40/41€84k€56k
Trade receivables40€43k€42k
Other amounts receivable41€40k€13k
Cash at bank and in hand54/58€50k€76k
Deferred charges and accrued income490/1€6k€26k
Equity and liabilities
Total equity and liabilities10/49€184k€182k
Equity10/15€142k€155k
Reserves13€142k€155k
Tax-exempt reserves132€240€240=
Distributable reserves133€142k€155k
Amounts payable17/49€42k€27k
Amounts payable after more than one year17€13k€5k
Financial debts170/4€13k€5k
Amounts payable within one year42/48€29k€21k
Current portion of amounts payable after more than one year42€16k€7k
Trade debts44€9k€3k
Suppliers440/4€9k€3k
Taxes, remuneration and social security45€4k€10k
Taxes450/3€4k€8k
Remuneration and social security454/9-€2k
Accrued charges and deferred income492/3-€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€1k€1k
Gross operating margin9900€51k€43k
Operating profit (loss)9901€24k€18k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€2k€350
Recurring financial charges65€2k€350
Profit (loss) for the period before taxes9903€25k€19k
Income taxes67/77€7k€6k
Profit (loss) for the period9904€18k€13k
Profit (loss) for the period to be appropriated9905€18k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€18k€13k
Transfer to equity691/2€18k€13k
To other reserves6921€18k€13k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €150kEq €155k ▲9.1%
8 profitable years in a row build equity to €155k.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €150kEq €151k ▲14.2%
5 profitable years in a row build equity to €151k.
28-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €100kEq €132k ▲33.4%
4 profitable years in a row build equity to €132k.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Highest result since 2018net €45k ▲301%
Operating result €58k, net result €45k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €11k ▼20.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
22-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Damme · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Lambrecht Bovijnstraat 128340 Damme
Ground area
651 m²
Building footprint
105 m²
Volume, LiDAR
535 m³
Parcel 31019B0666/00D004, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DAVY RAHIER
Lambrecht Bovijnstraat 12, 8340 DammeWallpapering and laying of floor and wall coverings in other materials
since 20162.250.035.259
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31019B0666/00D004 Flanders 651 m² 1 · 105 m² 8.1 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.

Similar companies · same sector, comparable size

Of 7,012 companies in sector 81220 we hold annual accounts for 2,415. 1,913 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-02-2016
Fiscal year end31-12
Activities, NACEBEL
81220Other building cleaning and industrial cleaning
43320Joinery installation
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
43342Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.