Summary
DAVYCUS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.2m and a net result of €262,421. Equity has been growing by about 32% per year since 2018. Its solvency ranks better than 95% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-01-2013 Normal situation
- Activity
- Activities of holding companies NACE 64210and 3 others
- Establishment unit
- 2.216.747.433 9830 Sint-Martens-Latem, since 11-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 25-08-2025
Board and ownership
Board
- DAELEMANS Agar VeikoDirector
- VYNCKE Corine Gabrielle AndréeDirector
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Profit
- €262,421
- ▼ 12.2%
- Equity
- €1.2m
- ▲ 26.9%
- Total assets
- €1.3m
- ▲ 24.8%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
98 days early
2023
34 days early
2022
31 days early
2021
38 days early
2020
47 days early
2019
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 12 filings
Equity
€1.2m▲ 26.9%
2024 · €974,654
Net result
€262,421▼ 12.2%
2024 · €298,743
Total assets
€1.3m▲ 24.8%
2024 · €1.0m
Solvency
98.0%▲ 1.7pp
2024 · 96.3%
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€371,748
▼ 13.8%
2025
20182025
Net result
€262,421
▼ 12.2%
2025
highest quarter of the sector
20182025
Equity
€1.2m
▲ 26.9%
2025
highest quarter of the sector
20182025
Total assets
€1.3m
▲ 24.8%
2025
highest quarter of the sector
20182025
Debt
€25,111
▼ 32.1%
2025
20182025
Working capital
€1.2m
▲ 26.9%
2025
highest quarter of the sector
20182025
Solvency
98.0%
▲ 1.7pp
2025
highest quarter of the sector
20182025
Current ratio
50.33
▲ 22.85
2025
highest quarter of the sector
20182025
Return on assets (ROA)
20.8%
▼ 8.7pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.01m▼ 79.4%€0.02m▲ 43.8%€0.06m▲ 186%€0.2m▲ 290%€0.3m▲ 51.2%€0.4m▲ 27.3%€0.4m▼ 13.8%
Net result€0.05m-€0.01m▼ 80.4%€0.01mwithin the sector's middle half▲ 35.9%€0.04mwithin the sector's middle half▲ 193%€0.2mabove the sector's middle half▲ 296%€0.2mabove the sector's middle half▲ 56.5%€0.3mabove the sector's middle half▲ 26.2%€0.3mabove the sector's middle half▼ 12.2%
Equity€0.2m-€0.2m▲ 4.2%€0.2mwithin the sector's middle half▲ 5.5%€0.3mwithin the sector's middle half▲ 15.3%€0.4mabove the sector's middle half▲ 52.5%€0.7mabove the sector's middle half▲ 53.9%€1.0mabove the sector's middle half▲ 44.2%€1.2mabove the sector's middle half▲ 26.9%
Total assets€0.2m-€0.3m▲ 8.6%€0.3mwithin the sector's middle half▲ 5.1%€0.3mwithin the sector's middle half▲ 15.3%€0.5mwithin the sector's middle half▲ 50.8%€0.7mwithin the sector's middle half▲ 54.9%€1.0mabove the sector's middle half▲ 38.9%€1.3mabove the sector's middle half▲ 24.8%
Debt€0.01m-€0.02m▲ 109%€0.02m▲ 0.4%€0.02m▲ 15.5%€0.03m▲ 29.5%€0.05m▲ 68.4%€0.04m▼ 29.1%€0.03m▼ 32.1%
Working capital€0.2m-€0.2m▲ 3.4%€0.2mabove the sector's middle half▲ 6.1%€0.3mabove the sector's middle half▲ 15.8%€0.4mabove the sector's middle half▲ 52.5%€0.7mabove the sector's middle half▲ 53.9%€1.0mabove the sector's middle half▲ 44.2%€1.2mabove the sector's middle half▲ 26.9%
Solvency95.8%-92.0%▼ 3.9pp92.3%above the sector's middle half▲ 0.4pp92.3%above the sector's middle half=93.4%above the sector's middle half▲ 1.1pp92.8%above the sector's middle half▼ 0.6pp96.3%above the sector's middle half▲ 3.5pp98.0%above the sector's middle half▲ 1.7pp
Current ratio37.34-12.40▼ 24.9413.01above the sector's middle half▲ 0.6013.04above the sector's middle half▲ 0.0415.18above the sector's middle half▲ 2.1413.96above the sector's middle half▼ 1.2227.48above the sector's middle half▲ 13.5250.33above the sector's middle half▲ 22.85
Return on assets (ROA)20.7%-3.7%▼ 17.0pp4.8%within the sector's middle half▲ 1.1pp12.3%within the sector's middle half▲ 7.4pp32.2%above the sector's middle half▲ 19.9pp32.5%above the sector's middle half▲ 0.4pp29.5%above the sector's middle half▼ 3.0pp20.8%within the sector's middle half▼ 8.7pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 14% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.3m
Equity
€1.2m ▲ 26.9%
Debt
€25,111 ▼ 32.1%
Debt's share of the balance-sheet total falls from 3.7% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
21.2%▼
2024 · 30.7%
Debt ≤ 1 year
€25,078▼
2024 · €36,815
Income taxes
€125,427▼
2024 · €146,260
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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,623 | €1,574 | €1,311 | €1,049 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €1,420 | €1,386 | €1,668 | €1,681 | €1,779 | ▲ 5.8% |
| Gross operating margin9900 | €71,854 | €16,861 | €22,832 | €59,878 | €225,456 | €340,439 | €433,085 | €373,527 | ▼ 13.8% |
| Operating profit (loss)9901 | €67,835 | €13,984 | €20,105 | €57,408 | €224,069 | €338,772 | €431,404 | €371,748 | ▼ 13.8% |
| Financial income75/76B | - | - | - | €0 | €0 | €11,761 | €13,717 | €16,415 | ▲ 19.7% |
| Recurring financial income75 | €711 | - | €144 | €0 | €0 | €11,761 | €13,717 | €16,415 | ▲ 19.7% |
| Financial charges65/66B | - | - | - | €196 | €187 | €187 | €117 | €315 | ▲ 169% |
| Recurring financial charges65 | €180 | €234 | €190 | €196 | €187 | €187 | €117 | €315 | ▲ 169% |
| Profit (loss) for the period before taxes9903 | €68,366 | €13,750 | €20,060 | €57,212 | €223,882 | €350,345 | €445,003 | €387,848 | ▼ 12.8% |
| Income taxes67/77 | €19,312 | €4,156 | €7,017 | €18,983 | €72,655 | €113,607 | €146,260 | €125,427 | ▼ 14.2% |
| Profit (loss) for the period9904 | €49,055 | €9,594 | €13,042 | €38,229 | €151,227 | €236,738 | €298,743 | €262,421 | ▼ 12.2% |
| Profit (loss) for the period to be appropriated9905 | €49,055 | €9,594 | €13,042 | €38,229 | €151,227 | €236,738 | €298,743 | €262,421 | ▼ 12.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | €0.7m | €1.0m | €1.3m | ▲ 24.8% |
| Fixed assets21/28 | €0.004m | €0.002m | €0.001m | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.004m | €0.002m | €0.001m | - | - | - | - | - | - |
| Current assets29/58 | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | €0.7m | €1.0m | €1.3m | ▲ 24.8% |
| Amounts receivable within one year40/41 | €0.02m | €0.01m | €0.003m | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | ▲ 11.1% |
| Trade receivables40 | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.04m | ▲ 15.5% |
| Other amounts receivable41 | - | - | - | €0.006m | - | - | €0.001m | €0 | ▼ 100.0% |
| Current investments50/53 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.5m | €0.7m | €0.7m | = |
| Cash at bank and in hand54/58 | €0.08m | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.3m | €0.5m | ▲ 90.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.002m | €0.002m | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | €0.7m | €1.0m | €1.3m | ▲ 24.8% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.7m | €1.0m | €1.2m | ▲ 26.9% |
| Contributions10/11 | €0.006m | €0.006m | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.7m | €1.0m | €1.2m | ▲ 27.1% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.7m | €1.0m | €1.2m | ▲ 27.1% |
| Profit (loss) carried forward14 | €260 | €94 | €136 | €229 | €27 | €238 | €43 | €1 | ▼ 97.1% |
| Amounts payable17/49 | €0.01m | €0.02m | €0.02m | €0.02m | €0.03m | €0.05m | €0.04m | €0.03m | ▼ 32.1% |
| Amounts payable within one year42/48 | €0.006m | €0.02m | €0.02m | €0.02m | €0.03m | €0.05m | €0.04m | €0.03m | ▼ 31.9% |
| Trade debts44 | €0.005m | €123 | €232 | €184 | €0.001m | €90 | €70 | €319 | ▲ 353% |
| Suppliers440/4 | - | - | - | €184 | €0.001m | €90 | €70 | €319 | ▲ 353% |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.01m | €0.04m | €0.04m | €0.02m | ▼ 38.1% |
| Taxes450/3 | - | - | - | €0.003m | €0.01m | €0.04m | €0.03m | €0.02m | ▼ 39.7% |
| Remuneration and social security454/9 | - | - | - | €0.001m | - | - | €0.001m | €0.001m | ▲ 0.5% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.01m | €0.01m | €0.001m | €0.003m | ▲ 116% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €162 | €33 | ▼ 79.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,055 | €9,594 | €13,042 | €38,229 | €151,227 | €236,738 | €298,743 | €262,421 | ▼ 12.2% |
| + Depreciation and write-downs630 | €2,623 | €1,574 | €1,311 | €1,049 | - | - | - | - | - |
| Operating cash flow (approximation) | €51,677 | €11,168 | €14,354 | €39,278 | €151,227 | €236,738 | €298,743 | €262,421 | ▼ 12.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - | - | - | - |
| Change in cash | - | €28,850 | €24,991 | €13,405 | €163,261 | -€121,364 | €80,666 | €246,242 | ▲ 205% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00221100 | |
| 31-12-2024 | micro format | 24-04-2025 | 2025-00074574 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00169777 | |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00180220 | |
| 31-12-2021 | micro format | 23-06-2022 | 2022-20084282 | |
| 31-12-2020 | micro format | 14-06-2021 | 2021-19300123 | |
| 31-12-2019 | micro format | 25-06-2020 | 2020-20100593 | |
| 31-12-2018 | micro format | 08-07-2019 | 2019-29400095 | |
| 31-12-2017 | micro format | 19-07-2018 | 2018-34400300 | |
| 31-12-2016 | micro format | 03-07-2017 | 2017-24600220 |
Board & ownership
Directors
Directors
2 directors, last change in 2022
DAELEMANS Agar Veiko
Current
Director (not named in the articles) · appointed in the act of 06-07-2022 · earlier manager, until 06-07-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-06-2026
VYNCKE Corine Gabrielle Andrée
Current
Director (not named in the articles) · appointed in the act of 06-07-2022 · earlier manager, until 06-07-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-06-2026
Owners and capital
Capital transactions
Capital over time
- 06-07-2022 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DAELEMANS Agar Veiko |
|
| VYNCKE Corine Gabrielle Andrée |
|
Network & group
Board mandates elsewhere
2 board mandatesBoard mandates of DAVYCUSDAVYCUS sits on their board2
Connections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-06
micro format · 31 days before the deadline
2025
31-12
Financial
Equity above €1mequity €1.2m ▲26.9%
With a profit in every financial year since 2018, equity grows to €1.2m.
24-04
micro format · 98 days before the deadline
2024
31-12
Financial
Highest result from 2018 to 2025net €298,743 ▲26.2%
The operating result of €431,404 and the net result of €298,743 are both a record.
27-06
micro format · 34 days before the deadline
2023
31-12
Financial
Equity above €500,000equity €675,910 ▲53.9%
With a profit in every financial year since 2018, equity grows to €675,910.
30-06
micro format · 31 days before the deadline
2022
06-07
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousChanges of role: DAELEMANS Agar Veiko (director) and VYNCKE Corine Gabrielle Andrée (director) · Incorporation · Capital conversion10 points ▸
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · Miscellaneous
Changes of role: DAELEMANS Agar Veiko (director) and VYNCKE Corine Gabrielle Andrée (director) · Incorporation · Capital conversion10 points ▸
- General meeting, “agendapunten, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Incorporation, 09-01-2013
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, DAELEMANS Agar Veiko (manager)
- Director resignation, VYNCKE Corine Gabrielle Andrée (manager)
- Director appointment, DAELEMANS Agar Veiko (director (not named in the articles))
- Director appointment, VYNCKE Corine Gabrielle Andrée (director (not named in the articles))
- Other provision, “kwijting aan ontslagnemende zaakvoerders voor uitoefening mandaat, volgende jaarvergadering” (deed in Dutch)
- Registered office clause, “9830 Sint-Martens-Latem, Serafien De Rijckedreef 2” (deed in Dutch)
23-06
micro format · 38 days before the deadline
2021
14-06
micro format · 47 days before the deadline
2020
25-06
micro format · 36 days before the deadline
2019
31-12
Financial
Weakest financial yearnet €9,594 ▼80.4%
The net result drops to €9,594, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
08-07
micro format · 23 days before the deadline
2018
19-07
micro format · 12 days before the deadline
2017
03-07
micro format · 28 days before the deadline
2013
24-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DAVYCUS in Dutch
Enterprise number
0502.398.137
Legal form
Private limited company
Status
Active, normale toestand
Founded
09-01-2013
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-07-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…”
deed of 06-07-2022 (in Dutch)Registered office and establishments
Registered office
Serafien De Rijckedreef 2, 9830 Sint-Martens-Latem, Belgium
Establishment unit
DAVYCUS, Serafien De Rijckedreef 2, 9830 Sint-Martens-Latem since 11-01-2013 · unit number 2.216.747.433
Activities
NACEBEL 202564210
Activities of holding companies main activity
70200
Business and other management consultancy
73300
Public relations and communication consultancy
82990
Other business support services
Codes under NACEBEL 2008
64200
Holdings main activity
70210
Activities of head offices; management consultancy activities
70220
Business consulting
82990
Other business support services
Invoicing and payment
VAT number
BE 0502.398.137
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 13:00
deed of 06-07-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1,350 m²
Building footprint
170 m²
Building volume
1,082 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44064B0738/00R000 | Flanders | 1,350 m² | 1 · 170 m² | 9.5 m · 2 |