DICAVA
ActiveSummary
DICAVA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €447k and a net result of €-8k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability17▼-16
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.38 in 2023; short-term debt: 6.1% and cash: 0.4% of total assets), and 6.1% of the assets are financed with debt.
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Signals
Three 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
93.9%
Return on assets
-1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
118 d late
2021
122 d late
2020
122 d late
2019
122 d late
2018
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€447k▼ 1.8%
2023 · €455k
Total assets
€476k▼ 2.7%
2023 · €489k
Net result
€-8k▲ 1.5%
2023 · €-8k
Working capital
€-27k▼ 29.2%
2023 · €-21k
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
Line20192020202120232024
Operating result€189k▼ 16.4%€441k▲ 133%€99k▼ 77.6%€-8k-€-8k▲ 2.1%
Net result€108k▼ 36.9%€330k▲ 205%€34k▼ 89.8%€-8k-€-8k▲ 1.5%
Equity€-3k▲ 97.1%€327k€361k▲ 10.4%€455k-€447k▼ 1.8%
Total assets€872k▼ 36.6%€920k▲ 5.5%€378k▼ 58.9%€489k-€476k▼ 2.7%
Debt€875k▼ 41.1%€593k▼ 32.2%€17k▼ 97.1%€34k-€29k▼ 15.1%
Working capital€-702k▲ 43.2%€-164k▲ 76.7%€79k€-21k-€-27k▼ 29.2%
Staff (FTE)5.1▼ 35.4%2.8▼ 45.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €476k
Fixed assets
€474k ▼ 0.4%
Current assets
€2k ▼ 86.0%
Equity and liabilities €476k
Equity
€447k ▼ 1.8%
Debt
€29k ▼ 15.1%
Debt's share of the balance-sheet total falls from 7.0% to 6.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▲
2023 · €-7k
Cash flow
€-6k▲
2023 · €-7k
Current ratio
0.06▼
2023 · 0.38
Debt to equity
0.06▼
2023 · 0.07
ROE
-1.8%▼
2023 · -1.8%
ROA
-1.7%▼
2023 · -1.7%
Interest coverage
-139.39
Debt ≤ 1 year
€29k▼
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €-2k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €158k | - | €9k | €936 | €2k | ▲ 101% |
| Other operating charges640/8 | - | - | €6k | €446 | €598 | ▲ 34.0% |
| Gross operating margin9900 | €703k | €637k | €112k | €-7k | €-5k | ▲ 18.8% |
| Operating profit (loss)9901 | €189k | €441k | €99k | €-8k | €-8k | ▲ 2.1% |
| Recurring financial income75 | €7k | €1 | - | - | - | - |
| Financial charges65/66B | - | - | €53k | - | €44 | - |
| Recurring financial charges65 | €49k | €3k | €139 | - | €44 | - |
| Non-recurring financial charges66B | - | - | €53k | - | - | - |
| Profit (loss) for the period before taxes9903 | €147k | €438k | €46k | €-8k | €-8k | ▲ 1.5% |
| Income taxes67/77 | €38k | €108k | €12k | - | - | - |
| Profit (loss) for the period9904 | €108k | €330k | €34k | €-8k | €-8k | ▲ 1.5% |
| Profit (loss) for the period to be appropriated9905 | €108k | €330k | €34k | €-8k | €-8k | ▲ 1.5% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €872k | €920k | €378k | €489k | €476k | ▼ 2.7% |
| Fixed assets21/28 | €699k | €491k | €282k | €476k | €474k | ▼ 0.4% |
| Tangible fixed assets22/27 | €499k | €291k | €282k | €476k | €474k | ▼ 0.4% |
| Land and buildings22 | - | - | €282k | €476k | €474k | ▼ 0.4% |
| Financial fixed assets28 | €200k | €200k | - | - | - | - |
| Current assets29/58 | €173k | €429k | €96k | €13k | €2k | ▼ 86.0% |
| Amounts receivable within one year40/41 | €50k | €134k | €92k | €11k | - | - |
| Other amounts receivable41 | - | - | €92k | €11k | - | - |
| Cash at bank and in hand54/58 | €123k | €296k | €4k | €2k | €2k | ▼ 22.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €872k | €920k | €378k | €489k | €476k | ▼ 2.7% |
| Equity10/15 | €-3k | €327k | €361k | €455k | €447k | ▼ 1.8% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Capital10 | - | - | €15k | €15k | €15k | = |
| Issued capital100 | - | - | €15k | €15k | €15k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | - | €1k | €1k | €1k | = |
| Legal reserve130 | - | - | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €-20k | €311k | €345k | €438k | €430k | ▼ 1.8% |
| Amounts payable17/49 | €875k | €593k | €17k | €34k | €29k | ▼ 15.1% |
| Amounts payable within one year42/48 | €875k | €593k | €17k | €34k | €29k | ▼ 15.1% |
| Trade debts44 | €6k | - | - | €18k | €11k | ▼ 40.1% |
| Suppliers440/4 | - | - | - | €18k | €11k | ▼ 40.1% |
| Taxes, remuneration and social security45 | - | - | €12k | - | - | - |
| Taxes450/3 | - | - | €12k | - | - | - |
| Other amounts payable47/48 | - | - | €5k | €16k | €18k | ▲ 11.9% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108k | €330k | €34k | €-8k | €-8k | ▲ 1.5% |
| + Depreciation and write-downs630 | €158k | - | €9k | €936 | €2k | ▲ 101% |
| Operating cash flow (approximation) | €267k | €330k | €43k | €-7k | €-6k | ▲ 14.9% |
| Investment in fixed assets (approximation) | - | €208k | €200k | - | €0 | - |
| Change in cash | - | €172k | €-292k | - | €-543 | - |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
26-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 118 days late
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 122 days late
2021
31-12
Financial
Liquidity times 8current ratio 5.62
Current ratio from 0.72 to 5.62; short-term debt falls from €593k to €17k.
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 122 days late
2020
31-12
Financial
Highest result since 2018net €330k ▲205%
Operating result €441k, net result €330k, both a record.
31-12
Financial
Equity above €200kEq €327k
3 profitable years in a row build equity to €327k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
25-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 56 days late
2015
24-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Tongeren-Borgloon · 1 establishment unit since 2015
Ground area
462 m²
Building footprint
462 m²
Volume, LiDAR
6,273 m³
Parcel 73059A0892/00C000, Flanders · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Dicava
since 20152.246.529.601
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73059A0892/00C000 | Flanders | 462 m² | 1 · 462 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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
Care and welfare
1 service · 0 liveSeniorenresidentie Hof Van Eden
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Of 6,708 companies in sector 96230 we hold annual accounts for 627. 305 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
96230Day spas, saunas and steam baths
Scores and ratios are computed by Checked and are not a credit decision.