Public limited company · founded 1973 · 52 yrs activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0413.920.972
Summary
DAVYTRANS has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €265,825. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 76% of 870 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability49▲+14
Solvency89▼-2
Growth35▲+2
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.7%Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240,000 at 30 days acceptable
Liquidity ample (current ratio 2.82 against 1.05 in 2024; short-term debt: 35.5% and cash: 15.7% of total assets), and 35.5% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
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
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
DAVYTRANS was incorporated on 27 December 1973.1In 2005 the capital was increased by EUR 2.7 million to EUR 13 million.2WALDITRANS was merged into the company in 2005.2The board currently has 5 members; Jef Colruyt has served longest, since 2011.3Revenue grew from EUR 7.3 million in 2019 to EUR 8.2 million in 2025 and headcount from 84.8 to 84.7 full-time equivalents.4
The operating result returns to profit in 2025: €168,649 after a loss of €191,040 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €5.6m
64.5%
35.5%
Equity€3.6m ▲ 7.4%
Debt€2.0m ▲ 13.1%
Debt's share of the balance-sheet total rises from 34.4% to 35.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.82▲
2024 · 1.05
Debt to equity
0.55▲
2024 · 0.52
ROE
7.4%▲
2024 · -1.4%
ROA
4.8%▲
2024 · -0.9%
Debt ≤ 1 year
€2.0m▲
2024 · €1.7m
Income taxes
€66,564
Staff costs
€4.4m▲
2024 · €4.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 1,832 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
Medium-sized
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
0.1%went bankrupt
2.0%stopped otherwise
98%still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.4%
3
0.5%
0.5%
4
0.6%
0.7%
5
0.8%
0.9%
6
1.2%
1.3%
7
1.5%
1.6%
8
1.7%
1.7%
9
2.7%
2.8%
10
5.3%
5.7%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,832 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 58 lines
Balance sheetCode20242025
Assets
Total assets20/58€5.1m€5.6m▲
Fixed assets21/28€3.3m-
Financial fixed assets28€3.3m-
Affiliated companies280/1€3.3m-
Amounts receivable281€3.3m-
Current assets29/58€1.8m€5.6m▲
Amounts receivable within one year40/41€1.3m€4.7m▲
Trade receivables40€1.2m€1.4m▲
Other amounts receivable41€112,618€3.3m▲
Cash at bank and in hand54/58€535,341€871,988▲
Deferred charges and accrued income490/1€646€9,065▲
Equity and liabilities
Total equity and liabilities10/49€5.1m€5.6m▲
Equity10/15€3.3m€3.6m▲
Contributions10/11€2.1m€2.1m=
Capital10€2.1m€2.1m=
Issued capital100€2.1m€2.1m=
Reserves13€1.1m€1.1m=
Non-distributable reserves130/1€207,919€207,919=
Legal reserve130€207,919€207,919=
Tax-exempt reserves132€907,876€907,876=
Profit (loss) carried forward14€70,477€336,302▲
Investment grants15€70,761€52,277▼
Amounts payable17/49€1.7m€2.0m▲
Amounts payable within one year42/48€1.7m€2.0m▲
Trade debts44€615,084€726,726▲
Suppliers440/4€615,084€726,726▲
Taxes, remuneration and social security45€1.1m€1.2m▲
Taxes450/3€17,462€17,987▲
Remuneration and social security454/9€1.1m€1.2m▲
Accrued charges and deferred income492/3€3,419€3,566▲
Income statementCode20242025
Operating income70/76A€8.0m€8.5m▲
Turnover70€7.6m€8.2m▲
Other operating income74€374,552€312,637▼
Non-recurring operating income76A-€13,115
Operating charges60/66A€8.1m€8.4m▲
Services and other goods61€3.4m€3.4m▲
Remuneration, social security and pensions62€4.3m€4.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€146-
Other operating charges640/8€497,669€534,541▲
Operating profit (loss)9901-€191,040€168,649▲
Financial income75/76B€144,868€164,539▲
Recurring financial income75€144,868€164,539▲
Income from current assets751€121,302€146,055▲
Other financial income752/9€23,566€18,484▼
Financial charges65/66B€811€800▼
Recurring financial charges65€811€800▼
Debt charges650€1-
Other financial charges652/9€809€800▼
Profit (loss) for the period before taxes9903-€46,983€332,388▲
Income taxes67/77-€66,564
Taxes670/3-€66,564
Profit (loss) for the period9904-€46,983€265,825▲
Profit (loss) for the period to be appropriated9905-€46,983€265,825▲
Appropriation of the result
Profit (loss) to be appropriated9906€470,477€336,302▼
Profit (loss) brought forward from the previous period14P€517,461€70,477▼
Profit to be distributed694/7€400,000-
Return on contributions (dividend)694€400,000-
Social balance
Average headcount (FTE)908785.384.7▼
The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
-
€7.9m
€9.4m
€8.0m
€8.5m
▲ 7.2%
Turnover70
€7.3m
€7.4m
€9.1m
€7.6m
€8.2m
▲ 8.2%
Other operating income74
-
€566,251
€361,409
€374,552
€312,637
▼ 16.5%
Non-recurring operating income76A
-
-
-
-
€13,115
-
Operating charges60/66A
-
€7.9m
€9.0m
€8.1m
€8.4m
▲ 2.6%
Services and other goods61
-
€3.2m
€4.2m
€3.4m
€3.4m
▲ 2.0%
Remuneration, social security and pensions62
-
€4.2m
€4.2m
€4.3m
€4.4m
▲ 2.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€462,561
€45,181
-
-
-
-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-
€326
-€180
-€146
-
-
Provisions for liabilities and charges: additions (uses and reversals)635/8
-
-€1,119
-
-
-
-
Other operating charges640/8
-
€477,969
€495,943
€497,669
€534,541
▲ 7.4%
Operating profit (loss)9901
€516,654
-€3,710
€459,795
-€191,040
€168,649
▲ 188%
Financial income75/76B
-
€4,629
€103,216
€144,868
€164,539
▲ 13.6%
Recurring financial income75
€32,276
€4,629
€103,216
€144,868
€164,539
▲ 13.6%
Income from current assets751
-
€4,629
€29,543
€121,302
€146,055
▲ 20.4%
Other financial income752/9
-
-
€73,672
€23,566
€18,484
▼ 21.6%
Financial charges65/66B
-
€790
€836
€811
€800
▼ 1.3%
Recurring financial charges65
€748
€790
€836
€811
€800
▼ 1.3%
Debt charges650
€40
€21
€2
€1
-
-
Other financial charges652/9
-
€770
€834
€809
€800
▼ 1.2%
Profit (loss) for the period before taxes9903
€548,181
€129
€562,175
-€46,983
€332,388
▲ 807%
Income taxes67/77
€115,447
€3,679
€127,950
-
€66,564
-
Taxes670/3
-
€3,679
€127,950
-
€66,564
-
Profit (loss) for the period9904
€432,734
-€3,550
€434,225
-€46,983
€265,825
▲ 666%
Profit (loss) for the period to be appropriated9905
€432,734
-€3,550
€434,225
-€46,983
€265,825
▲ 666%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€6.2m
€5.5m
€5.6m
€5.1m
€5.6m
▲ 9.4%
Fixed assets21/28
€457,419
-
-
€3.3m
-
-
Tangible fixed assets22/27
€457,419
-
-
-
-
-
Financial fixed assets28
-
-
-
€3.3m
-
-
Affiliated companies280/1
-
-
-
€3.3m
-
-
Amounts receivable281
-
-
-
€3.3m
-
-
Current assets29/58
€5.7m
€5.5m
€5.6m
€1.8m
€5.6m
▲ 203%
Amounts receivable within one year40/41
€1.7m
€1.5m
€1.7m
€1.3m
€4.7m
▲ 260%
Trade receivables40
-
€1.4m
€1.6m
€1.2m
€1.4m
▲ 18.3%
Other amounts receivable41
-
€166,677
€84,713
€112,618
€3.3m
▲ 2,809%
Cash at bank and in hand54/58
€4.0m
€3.9m
€3.9m
€535,341
€871,988
▲ 62.9%
Deferred charges and accrued income490/1
-
€4,214
€1,100
€646
€9,065
▲ 1,304%
Equity and liabilities
Total equity and liabilities10/49
€6.2m
€5.5m
€5.6m
€5.1m
€5.6m
▲ 9.4%
Equity10/15
€4.6m
€3.6m
€3.8m
€3.3m
€3.6m
▲ 7.4%
Contributions10/11
€2.1m
€2.1m
€2.1m
€2.1m
€2.1m
=
Capital10
-
€2.1m
€2.1m
€2.1m
€2.1m
=
Issued capital100
-
€2.1m
€2.1m
€2.1m
€2.1m
=
Reserves13
€1.1m
€1.1m
€1.1m
€1.1m
€1.1m
=
Non-distributable reserves130/1
-
€207,919
€207,919
€207,919
€207,919
=
Legal reserve130
-
€207,919
€207,919
€207,919
€207,919
=
Tax-exempt reserves132
-
€907,876
€907,876
€907,876
€907,876
=
Profit (loss) carried forward14
€1.3m
€283,236
€517,461
€70,477
€336,302
▲ 377%
Investment grants15
-
€168,000
€94,328
€70,761
€52,277
▼ 26.1%
Provisions and deferred taxes16
€1,119
-
-
-
-
-
Amounts payable17/49
€1.6m
€1.8m
€1.8m
€1.7m
€2.0m
▲ 13.1%
Amounts payable within one year42/48
€1.6m
€1.8m
€1.8m
€1.7m
€2.0m
▲ 13.1%
Trade debts44
€566,509
€715,749
€705,240
€615,084
€726,726
▲ 18.2%
Suppliers440/4
-
€715,749
€705,240
€615,084
€726,726
▲ 18.2%
Taxes, remuneration and social security45
-
€1.1m
€1.1m
€1.1m
€1.2m
▲ 10.3%
Taxes450/3
-
€311
€56,759
€17,462
€17,987
▲ 3.0%
Remuneration and social security454/9
-
€1.1m
€1.1m
€1.1m
€1.2m
▲ 10.4%
Accrued charges and deferred income492/3
-
€6,354
€3,721
€3,419
€3,566
▲ 4.3%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€432,734
-€3,550
€434,225
-€46,983
€265,825
▲ 666%
+ Depreciation and write-downs630
€462,561
€45,181
-
-
-
-
Operating cash flow (approximation)
€895,295
€41,632
€434,225
-€46,983
€265,825
▲ 666%
Change in cash
-
-€37,610
€5,388
-€3.4m
€336,647
▲ 110%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Share issue, 43732, 1 aandeel DAVYTRANS voor 0,06 aandelen WALDITRANS
Accounting effect, 01-04-2005
Statutes amendment
06-10
State Gazette actResignation: René De Wit (managing director)
2 facts ▸
Board meeting, 24-06-2005
Director resignation, René De Wit (managing director)
2004
04-10
State Gazette actReappointment: C.B.V A. Klynveld Peat Marwick Goerdeler, Bedrijfsrevisoren (statutory auditor)
2 facts ▸
General meeting, 09-09-2004
Auditor reappointment, C.B.V A. Klynveld Peat Marwick Goerdeler, Bedrijfsrevisoren
2003
24-07
State Gazette actResignation: K.M. Van Oostveldt (permanent representative)
Appointment: J. Vanderbruggen (permanent representative) · Permanent representatives: J. Vanderbruggen and L. Ruysen4 facts ▸
Director resignation, K.M. Van Oostveldt (permanent representative)
Director appointment, J. Vanderbruggen (permanent representative)
Permanent representative, J. Vanderbruggen
Permanent representative, L. Ruysen
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
20 of 20 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Het ondernemen van alle vervoer langs de weg van goederen van alle aard, zowel voor eigen rekening als voor rekening van derden, in het binnenland en in het buitenland. De…
Full purpose
Het ondernemen van alle vervoer langs de weg van goederen van alle aard, zowel voor eigen rekening als voor rekening van derden, in het binnenland en in het buitenland. De vennootschap mag daarenboven rechtstreeks of onrechtstreeks deel nemen aan de werking van andere vennootschappen, bedrijven of verenigingen met eenzelfde, gelijkaardige of verwant voorwerp... De vennootschap mag leningen verrichten aan derden of waarborgen stellen voor derden. Zij mag in het kader van haar werkzaamheden, alle roerende en onroerende, financiële, handels- en nijverheidsverrichtingen doen welke rechtstreeks of onrechtstreeks verband houden met het voorwerp van de vennootschap...
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
The accounts to 31-03-2025 list no holdings, and no other source names one.
According to the annual accounts to 31-03-2025 of DAVYTRANS 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
82 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 2,156 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.