De Vair
ActiveSummary
For De Vair, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €1.4m and a net result of -€60,389. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability14▼-61
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.1%
Return on assets
-4.1%
Age of the figures
27 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 241 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 09-12-2024, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
53 d early
2023
44 d early
2022
43 d early
2021
67 d early
2020
75 d early
2019
68 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 58 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.4m▼ 4.2%
2023 · €1.4m
Total assets
€1.5m▼ 15.1%
2023 · €1.7m
Net result
-€60,389
2023 · €83,821
Working capital
€705,774▼ 15.6%
2023 · €836,500
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
Line20202021202220232024
Operating result-€31,926▲ 25.4%€5,699-€30,866€141,564-€73,602
Net result-€28,258€13,281-€24,810€83,821-€60,389
Equity€1.4m▼ 2.0%€1.4m▲ 1.0%€1.4m▼ 1.8%€1.4m▲ 6.1%€1.4m▼ 4.2%
Total assets€1.5m▼ 18.2%€1.5m▼ 3.8%€1.5m▲ 0.6%€1.7m▲ 18.0%€1.5m▼ 15.1%
Debt€129,765▼ 70.3%€59,843▼ 53.9%€93,703▲ 56.6%€219,119▲ 134%€7,302▼ 96.7%
Working capital€565,506▼ 0.7%€604,762▲ 6.9%€514,696▼ 14.9%€836,500▲ 62.5%€705,774▼ 15.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €73,602 after €141,564 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets
€752,969 ▲ 12.2%
Current assets
€707,917 ▼ 32.6%
Equity and liabilities €1.5m
Equity
€1.4m ▼ 4.2%
Provisions
€64,733 ▲ 21.6%
Debt
€7,302 ▼ 96.7%
Debt's share of the balance-sheet total falls from 12.7% to 0.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,195▼
2023 · €198,262
Cash flow
€2,019▼
2023 · €140,519
Debt to equity
0.01▼
2023 · 0.15
ROE
-4.3%▼
2023 · 5.8%
ROA
-4.1%▼
2023 · 4.9%
Interest coverage
-30.92▼
2023 · 35.83
Debt ≤ 1 year
€2,143▼
2023 · €213,960
Income taxes
€347▼
2023 · €428
A ratio outside any meaningful range has been withheld (balance sheet total €1.5m, equity €1.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,032 | €41,908 | €62,307 | €56,698 | €62,408 | ▲ 10.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €12,715 | - |
| Other operating charges640/8 | - | - | €11,588 | €9,655 | €13,850 | ▲ 43.5% |
| Gross operating margin9900 | €18,839 | €60,536 | €43,029 | €207,917 | €15,370 | ▼ 92.6% |
| Operating profit (loss)9901 | -€31,926 | €5,699 | -€30,866 | €141,564 | -€73,602 | ▼ 152% |
| Financial income75/76B | - | - | €6,939 | €1,444 | €12,715 | ▲ 781% |
| Recurring financial income75 | €6,203 | €7,416 | €6,939 | €1,444 | €12,715 | ▲ 781% |
| Financial charges65/66B | - | - | €269 | €5,533 | €362 | ▼ 93.5% |
| Recurring financial charges65 | €491 | €267 | €269 | €5,533 | €362 | ▼ 93.5% |
| Profit (loss) for the period before taxes9903 | -€26,214 | €12,847 | -€24,196 | €137,475 | -€61,249 | ▼ 145% |
| Transfer from deferred taxes780 | - | - | - | €210 | €1,208 | ▲ 475% |
| Transfer to deferred taxes680 | - | - | - | €53,436 | - | - |
| Income taxes67/77 | €2,044 | -€434 | €614 | €428 | €347 | ▼ 18.8% |
| Profit (loss) for the period9904 | -€28,258 | €13,281 | -€24,810 | €83,821 | -€60,389 | ▼ 172% |
| Transfer from tax-exempt reserves789 | - | - | - | €630 | €3,623 | ▲ 475% |
| Transfer to tax-exempt reserves689 | - | - | - | €160,308 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€28,258 | €13,281 | -€24,810 | -€75,856 | -€56,765 | ▲ 25.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.5m | €1.5m | €1.7m | €1.5m | ▼ 15.1% |
| Fixed assets21/28 | €811,441 | €785,476 | €850,722 | €671,125 | €752,969 | ▲ 12.2% |
| Tangible fixed assets22/27 | €811,441 | €785,476 | €850,722 | €671,125 | €752,969 | ▲ 12.2% |
| Land and buildings22 | - | - | €770,268 | €611,185 | €713,009 | ▲ 16.7% |
| Furniture and vehicles24 | - | - | €80,453 | €59,940 | €39,960 | ▼ 33.3% |
| Current assets29/58 | €695,270 | €664,595 | €608,400 | €1.1m | €707,917 | ▼ 32.6% |
| Amounts receivable after more than one year29 | - | - | €553,340 | €554,784 | €567,499 | ▲ 2.3% |
| Other amounts receivable291 | - | - | €553,340 | €554,784 | €567,499 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €46,277 | €38,869 | €38,869 | €38,869 | €69,217 | ▲ 78.1% |
| Trade receivables40 | - | - | - | - | €2,217 | - |
| Other amounts receivable41 | - | - | €38,869 | €38,869 | €67,001 | ▲ 72.4% |
| Cash at bank and in hand54/58 | €110,008 | €78,225 | €15,781 | €456,807 | €71,201 | ▼ 84.4% |
| Deferred charges and accrued income490/1 | - | - | €410 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.5m | €1.5m | €1.7m | €1.5m | ▼ 15.1% |
| Equity10/15 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 4.2% |
| Contributions10/11 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Capital10 | - | - | €1.1m | €1.1m | €1.1m | = |
| Issued capital100 | - | - | €1.1m | €1.1m | €1.1m | = |
| Reserves13 | €56,500 | €56,500 | €56,500 | €216,178 | €212,555 | ▼ 1.7% |
| Non-distributable reserves130/1 | - | - | €56,500 | €56,500 | €56,500 | = |
| Legal reserve130 | - | - | €56,500 | €56,500 | €56,500 | = |
| Tax-exempt reserves132 | - | - | - | €159,678 | €156,055 | ▼ 2.3% |
| Profit (loss) carried forward14 | €194,383 | €207,663 | €182,854 | €106,998 | €50,232 | ▼ 53.1% |
| Provisions and deferred taxes16 | - | - | - | €53,226 | €64,733 | ▲ 21.6% |
| Provisions for liabilities and charges160/5 | - | - | - | - | €12,715 | - |
| Other liabilities and charges164/5 | - | - | - | - | €12,715 | - |
| Deferred taxes168 | - | - | - | €53,226 | €52,018 | ▼ 2.3% |
| Amounts payable17/49 | €129,765 | €59,843 | €93,703 | €219,119 | €7,302 | ▼ 96.7% |
| Amounts payable within one year42/48 | €129,765 | €59,833 | €93,703 | €213,960 | €2,143 | ▼ 99.0% |
| Trade debts44 | €6,307 | €773 | €23,882 | €35,436 | €1,796 | ▼ 94.9% |
| Suppliers440/4 | - | - | €23,882 | €35,436 | €1,796 | ▼ 94.9% |
| Taxes, remuneration and social security45 | - | - | €614 | €428 | €347 | ▼ 18.8% |
| Taxes450/3 | - | - | €614 | €428 | €347 | ▼ 18.8% |
| Other amounts payable47/48 | - | - | €69,207 | €178,097 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €5,159 | €5,159 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,258 | €13,281 | -€24,810 | €83,821 | -€60,389 | ▼ 172% |
| + Depreciation and write-downs630 | €41,032 | €41,908 | €62,307 | €56,698 | €62,408 | ▲ 10.1% |
| Operating cash flow (approximation) | €12,774 | €55,189 | €37,498 | €140,519 | €2,019 | ▼ 98.6% |
| Investment in fixed assets (approximation) | - | -€15,943 | -€127,553 | €122,899 | -€144,252 | ▼ 217% |
| Change in cash | - | -€31,783 | -€62,444 | €441,027 | -€385,606 | ▼ 187% |
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
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€60,389
Net result drops to -€60,389, the lowest in the series.
30-06
Financial
Liquidity times 67current ratio 330.32
Current ratio from 4.91 to 330.32; short-term debt falls from €213,960 to €2,143.
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €83,821
Net result €83,821 after one loss-making year.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €13,281
Net result €13,281 after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 11.11
Current ratio from 5.36 to 11.11; short-term debt falls from €129,765 to €59,833.
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 5.36
Current ratio from 2.30 to 5.36; short-term debt falls from €436,272 to €129,765.
2019
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
23-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Gent · 1 establishment unit since 1981
Ground area
645 m²
Building footprint
309 m²
Volume, LiDAR
2,936 m³
2 parcels, Flanders · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
DE VAIR NV
since 19812.018.826.455
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1058/00C000 | Flanders | 479 m² | 1 · 236 m² | 19.6 m · 5 fl. |
| 44815F2767/00B000 | Flanders | 166 m² | 1 · 72 m² | - |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPublic limited company
Founded09-04-1981
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0421590902
Also
9925:BE0421590902
Registered
26-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.