DIVAGO
ActiveDIVAGO has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133k and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 1329 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-11
Solvency46=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.59 in 2023; short-term debt: 40.4% and cash: 1.5% of total assets), and 79.1% 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.
+raises risk○neutral
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
20.9%
Return on assets
-0.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1329 sector peers (2024).
NBB · sector comparisonPosition among 1329 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
63 d early
2022
129 d early
2021
116 d early
2020
67 d early
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€133k▼ 4.3%
2023 · €139k
2018: €13k
2019: €13k
2020: €14k
2021: €4k
2022: €87k
2023: €139k
2018 → 2024
Total assets
€635k▼ 2.6%
2023 · €653k
2018: €168k
2019: €151k
2020: €237k
2021: €645k
2022: €702k
2023: €653k
2018 → 2024
Net result
€-6k
2023 · €52k
2018: €2k
2019: €-3
2020: €1k
2021: €-9k
2022: €82k
2023: €52k
2018 → 2024
Working capital
€-121k▼ 30.9%
2023 · €-92k
2018: €-13k
2019: €-14k
2020: €-6k
2021: €-85k
2022: €-80k
2023: €-92k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€4k▼ 67.9%€87k▲ 1,825%€139k▲ 60.1%€133k▼ 4.3%
Operating result€10k-€5k▼ 50.6%€100k▲ 1,980%€73k▼ 26.9%€6k▼ 91.4%
Net result€1k-€-9k€82k€52k▼ 36.6%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 91% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €635k
Fixed assets
€500k▼ 3.4%
Current assets
€136k▲ 0.4%
Equity and liabilities €635k
Equity
€133k▼ 4.3%
Debt
€503k▼ 2.2%
The debt ratio rises from 78.8% to 79.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€133k▼
2023 · €189k
Cash flow
€121k▼
2023 · €168k
Solvency
20.9%▼
2023 · 21.2%
Current ratio
0.53▼
2023 · 0.59
Quick ratio
0.31▼
2023 · 0.32
Debt / equity
3.79▲
2023 · 3.71
ROE
-4.5%▼
2023 · 37.5%
ROA
-0.9%▼
2023 · 8.0%
Interest coverage
10.89▼
2023 · 17.91
Debt
€503k▼
2023 · €514k
Debt ≤ 1 year
€257k▲
2023 · €228k
Debt > 1 year
€246k▼
2023 · €285k
Income taxes
€0▼
2023 · €10k
Staff costs
€128k▼
2023 · €131k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€653k€635k▼
Fixed assets21/28€518k€500k▼
Intangible fixed assets21€1k€478▼
Tangible fixed assets22/27€515k€498k▼
Land and buildings22€146k€139k▼
Plant, machinery and equipment23€45k€40k▼
Furniture and vehicles24€63k€132k▲
Leasing and similar rights25€262k€187k▼
Financial fixed assets28€2k€2k=
Current assets29/58€135k€136k▲
Stocks and contracts in progress3€62k€55k▼
Stocks30/36€62k€52k▼
Contracts in progress37€0€3k▲
Amounts receivable within one year40/41€54k€50k▼
Trade receivables40€38k€26k▼
Other amounts receivable41€16k€23k▲
Cash at bank and in hand54/58€3€9k▲
Deferred charges and accrued income490/1€19k€21k▲
Equity and liabilities
Total equity and liabilities10/49€653k€635k▼
Equity10/15€139k€133k▼
Contributions10/11€19k€19k=
Reserves13€120k€120k=
Distributable reserves133€120k€120k=
Profit (loss) carried forward14-€-6k
Amounts payable17/49€514k€503k▼
Amounts payable after more than one year17€285k€246k▼
Financial debts170/4€285k€246k▼
Amounts payable within one year42/48€228k€257k▲
Current portion of amounts payable after more than one year42€122k€139k▲
Financial debts43€44k€37k▼
Credit institutions430/8€44k€37k▼
Trade debts44€28k€38k▲
Suppliers440/4€28k€38k▲
Taxes, remuneration and social security45€14k€2k▼
Taxes450/3€8k€284▼
Remuneration and social security454/9€6k€2k▼
Other amounts payable47/48€19k€40k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€131k€128k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€127k▲
Other operating charges640/8€6k€2k▼
Non-recurring operating charges66A€0€9k▲
Gross operating margin9900€326k€272k▼
Operating profit (loss)9901€73k€6k▼
Financial income75/76B€19€0▼
Recurring financial income75€19€0▼
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€62k€-6k▼
Income taxes67/77€10k€0▼
Profit (loss) for the period9904€52k€-6k▼
Profit (loss) for the period to be appropriated9905€52k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€-6k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€52k€0▼
To other reserves6921€52k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €139k ▲60.1%
2 profitable years in a row build equity to €139k.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €82k
Net result €82k after one loss-making year.
06-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-9k ▼847%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-07
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.
Directors · office · real estate
Directors
3 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, Mol · 1 establishment unit since 2015
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.
Emiel Becquaertlaan 22400 MolGround area
2.0 ha
Parcel 13435C1442/00G007, Flanders. Linked by address, not a title deed.
1 establishment unit
DIVAGO
since 20152.243.293.957
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C1442/00G007 | Flanders | 2.0 ha | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,354 EUR awarded · 1,298 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 57 EUR | 0 EUR |
| 2024 | 1 | 327 EUR | 327 EUR |
| 2023 | 1 | 387 EUR | 683 EUR |
| 2022 | 1 | 583 EUR | 288 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 337 companies in sector 42219 we hold annual accounts for 149. 112 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-2015
Fiscal year end31-12
Activities, NACEBEL
42219Civil engineering
71121Engineering and related technical consultancy, excluding land surveyors
43130Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.