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DJAV

Active
Private limited company (pre-2019)founded 200323 yrs activeGistelse Steenweg 558, 8200 Brugge, BelgiumKBO/BCE: BE 0859.808.493
Summary

The computed 12-month bankruptcy probability of DJAV is 1.5% (moderate). The 2025 annual accounts show negative equity (-€116,630) and a net result of €14,390. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 13% of 826 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability48▼-44
Solvency0=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.3 in 2024; short-term debt: 53.1% and cash: 4.2% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
-45.6%
Return on assets
5.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 826 sector peers (2025).
NBB · sector comparison
Position among 826 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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 filings
Deviation from the deadline
2025
53 d late
2024
29 d late
2023
30 d late
2022
30 d late
2021
59 d late
2020
69 d late
2019
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 56 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
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

On 29 July 2003, DJAV was incorporated.1 Total assets went from EUR 421,950 in 2018 to EUR 255,892 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€14,390▼ 70.1%
2024 · €48,103
Working capital
-€71,383▲ 37.1%
2024 · -€113,545
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€24,410▲ 4,811%€3,272▼ 86.6%€26,090▲ 697%€61,127▲ 134%€35,056▼ 42.7%
Net result€4,201within the sector's middle half-€9,808below the sector's middle half€10,153within the sector's middle half€48,103within the sector's middle half▲ 374%€14,390▼ 70.1%
Equity-€181,445below the sector's middle half▲ 2.3%-€191,253below the sector's middle half▼ 5.4%-€181,100below the sector's middle half▲ 5.3%-€132,997below the sector's middle half▲ 26.6%-€116,630▲ 12.3%
Total assets€266,675within the sector's middle half▼ 18.0%€236,289within the sector's middle half▼ 11.4%€258,288within the sector's middle half▲ 9.3%€255,551within the sector's middle half▼ 1.1%€255,892▲ 0.1%
Debt€448,120▼ 12.3%€427,542▼ 4.6%€439,388▲ 2.8%€388,548▼ 11.6%€372,522▼ 4.1%
Working capital-€96,127below the sector's middle half▲ 34.4%-€122,069below the sector's middle half▼ 27.0%-€78,655below the sector's middle half▲ 35.6%-€113,545below the sector's middle half▼ 44.4%-€71,383▲ 37.1%
Solvency-68.0%below the sector's middle half▼ 11.0pp-80.9%below the sector's middle half▼ 12.9pp-70.1%below the sector's middle half▲ 10.8pp-52.0%below the sector's middle half▲ 18.1pp-45.6%▲ 6.5pp
Current ratio0.18below the sector's middle half▼ 0.020.12below the sector's middle half▼ 0.060.25below the sector's middle half▲ 0.130.30below the sector's middle half▲ 0.060.47▲ 0.17
Return on assets (ROA)1.6%within the sector's middle half▲ 9.0pp-4.2%below the sector's middle half▼ 5.7pp3.9%within the sector's middle half▲ 8.1pp18.8%above the sector's middle half▲ 14.9pp5.6%▼ 13.2pp
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2021: €24,410€24,410Net result 2021: €4,201€4,201Operating result 2022: €3,272€3,272Net result 2022: -€9,808-€9,808Operating result 2023: €26,090€26,090Net result 2023: €10,153€10,153Operating result 2024: €61,127€61,127Net result 2024: €48,103€48,103Operating result 2025: €35,056€35,056Net result 2025: €14,390€14,39020212022202320242025€0€20,000€40,000€60,000Operating result 2023: €26,090€26,100Net result 2023: €10,153€10,200Operating result 2024: €61,127€61,100Net result 2024: €48,103€48,100Operating result 2025: €35,056€35,100Net result 2025: €14,390€14,400202320242025
The operating result falls in 2025; 2025 is 43% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255,892
Fixed assets €191,312 ▼ 7.2%
Current assets €64,580 ▲ 30.9%
Equity and liabilities
Equity-€116,630
Debt€372,522
Equity is negative: debt (€372,522) exceeds the balance-sheet total (€255,892).
Key figures and ratios
2025 value · change against 2024
EBITDA
€65,446▼
2024 · €90,650
Cash flow
€44,780▼
2024 · €77,626
Quick ratio
0.36▲
2024 · 0.21
Interest coverage
2.70▼
2024 · 6.19
Debt ≤ 1 year
€135,963▼
2024 · €162,894
Debt > 1 year
€236,559▲
2024 · €225,654
Income taxes
€8▼
2024 · €383
Staff costs
€150
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.7% went bankrupt
5.3% stopped otherwise
92% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 3,795 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 accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€255,551€255,892▲
Fixed assets21/28€206,202€191,312▼
Tangible fixed assets22/27€204,795€189,905▼
Land and buildings22€199,974€186,741▼
Plant, machinery and equipment23€1,960€1,392▼
Furniture and vehicles24€2,861€1,773▼
Financial fixed assets28€1,407€1,407=
Current assets29/58€49,349€64,580▲
Stocks and contracts in progress3€15,205€15,426▲
Stocks30/36€15,205€15,426▲
Amounts receivable within one year40/41€29,590€38,518▲
Trade receivables40€13,904€18,406▲
Other amounts receivable41€15,686€20,112▲
Cash at bank and in hand54/58€4,554€10,637▲
Equity and liabilities
Total equity and liabilities10/49€255,551€255,892▲
Equity10/15-€132,997-€116,630▲
Contributions10/11€6,200€8,178▲
Capital10€6,200€8,178▲
Issued capital100€18,600€20,578▲
Uncalled capital101€12,400€12,400=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14-€141,057-€126,668▲
Amounts payable17/49€388,548€372,522▼
Amounts payable after more than one year17€225,654€236,559▲
Financial debts170/4€225,654€236,559▲
Amounts payable within one year42/48€162,894€135,963▼
Current portion of amounts payable after more than one year42€57,505€38,695▼
Financial debts43€9,995€1,172▼
Credit institutions430/8€9,995€1,172▼
Trade debts44€15,168€25,573▲
Suppliers440/4€15,168€25,573▲
Taxes, remuneration and social security45€14,940€7,421▼
Taxes450/3€13,356€6,928▼
Remuneration and social security454/9€1,584€493▼
Other amounts payable47/48€65,286€63,102▼
Income statement Code20242025
Remuneration, social security and pensions62-€150
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,523€30,390▲
Other operating charges640/8€1,190€5,262▲
Gross operating margin9900€91,840€70,858▼
Operating profit (loss)9901€61,127€35,056▼
Financial income75/76B€1,996€3,560▲
Recurring financial income75€1,996€3,560▲
Financial charges65/66B€14,637€24,218▲
Recurring financial charges65€14,637€24,218▲
Profit (loss) for the period before taxes9903€48,486€14,398▼
Income taxes67/77€383€8▼
Profit (loss) for the period9904€48,103€14,390▼
Profit (loss) for the period to be appropriated9905€48,103€14,390▼
Appropriation of the result
Profit (loss) to be appropriated9906-€141,057-€126,668▲
Profit (loss) brought forward from the previous period14P-€189,160-€141,057▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62-€1,160---€150-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,813€26,318€30,341€29,523€30,390▲ 2.9%
Other operating charges640/8€4,332€2,729€947€1,190€5,262▲ 342%
Gross operating margin9900€70,395€32,319€57,378€91,840€70,858▼ 22.8%
Operating profit (loss)9901€24,410€3,272€26,090€61,127€35,056▼ 42.7%
Financial income75/76B€106€358€187€1,996€3,560▲ 78.3%
Recurring financial income75€106€358€187€1,996€3,560▲ 78.3%
Financial charges65/66B€20,053€13,438€16,007€14,637€24,218▲ 65.5%
Recurring financial charges65€20,053€13,438€16,007€14,637€24,218▲ 65.5%
Profit (loss) for the period before taxes9903€4,463-€9,808€10,270€48,486€14,398▼ 70.3%
Income taxes67/77€262-€117€383€8▼ 97.9%
Profit (loss) for the period9904€4,201-€9,808€10,153€48,103€14,390▼ 70.1%
Profit (loss) for the period to be appropriated9905€4,201-€9,808€10,153€48,103€14,390▼ 70.1%
Line20212022202320242025Change
Assets
Total assets20/58€266,675€236,289€258,288€255,551€255,892▲ 0.1%
Fixed assets21/28€245,542€219,418€232,459€206,202€191,312▼ 7.2%
Tangible fixed assets22/27€244,329€218,011€231,052€204,795€189,905▼ 7.3%
Land and buildings22€238,737€214,890€227,875€199,974€186,741▼ 6.6%
Plant, machinery and equipment23€5,592€3,121€3,177€1,960€1,392▼ 29.0%
Furniture and vehicles24---€2,861€1,773▼ 38.0%
Financial fixed assets28€1,213€1,407€1,407€1,407€1,407=
Current assets29/58€21,133€16,871€25,829€49,349€64,580▲ 30.9%
Stocks and contracts in progress3€15,839€15,697€15,905€15,205€15,426▲ 1.5%
Stocks30/36€15,839€15,697€15,905€15,205€15,426▲ 1.5%
Amounts receivable within one year40/41€2,963€1,031€6,651€29,590€38,518▲ 30.2%
Trade receivables40€2,962€1,031-€13,904€18,406▲ 32.4%
Other amounts receivable41€1-€6,651€15,686€20,112▲ 28.2%
Cash at bank and in hand54/58€2,331€143€3,273€4,554€10,637▲ 134%
Equity and liabilities
Total equity and liabilities10/49€266,675€236,289€258,288€255,551€255,892▲ 0.1%
Equity10/15-€181,445-€191,253-€181,100-€132,997-€116,630▲ 12.3%
Contributions10/11€6,200€6,200€6,200€6,200€8,178▲ 31.9%
Capital10€6,200€6,200€6,200€6,200€8,178▲ 31.9%
Issued capital100€18,600€18,600€18,600€18,600€20,578▲ 10.6%
Uncalled capital101€12,400€12,400€12,400€12,400€12,400=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€189,505-€199,313-€189,160-€141,057-€126,668▲ 10.2%
Amounts payable17/49€448,120€427,542€439,388€388,548€372,522▼ 4.1%
Amounts payable after more than one year17€330,860€288,602€334,904€225,654€236,559▲ 4.8%
Financial debts170/4€330,860€288,602€334,904€225,654€236,559▲ 4.8%
Amounts payable within one year42/48€117,260€138,940€104,484€162,894€135,963▼ 16.5%
Current portion of amounts payable after more than one year42€40,943€43,064-€57,505€38,695▼ 32.7%
Financial debts43€3,940€1,451€9,773€9,995€1,172▼ 88.3%
Credit institutions430/8€3,940€1,451€9,695€9,995€1,172▼ 88.3%
Other loans439--€78---
Trade debts44€2,954€18,896€18,932€15,168€25,573▲ 68.6%
Suppliers440/4€2,954€18,896€18,932€15,168€25,573▲ 68.6%
Taxes, remuneration and social security45€1,487€12,427€12,140€14,940€7,421▼ 50.3%
Taxes450/3€1,487€12,319€8,852€13,356€6,928▼ 48.1%
Remuneration and social security454/9-€108€3,288€1,584€493▼ 68.9%
Other amounts payable47/48€67,936€63,102€63,639€65,286€63,102▼ 3.3%
Line20212022202320242025Change
Profit (loss) for the period9904€4,201-€9,808€10,153€48,103€14,390▼ 70.1%
+ Depreciation and write-downs630€42,813€26,318€30,341€29,523€30,390▲ 2.9%
Operating cash flow (approximation)€47,014€16,510€40,494€77,626€44,780▼ 42.3%
Investment in fixed assets (approximation)--€194-€43,382-€3,266-€15,500▼ 375%
Change in cash--€2,188€3,130€1,281€6,083▲ 375%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-09
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 53 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial Highest result since 2018net €48,103 ▲374%
Operating result €61,127, net result €48,103, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial Back to profitnet €10,153
Net result €10,153 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
28-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 59 days late
2021
31-12
Financial Back to profitnet €4,201
Net result €4,201 after 3 loss-making years.
08-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 69 days late
2020
01-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 123 days late
2019
26-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 57 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
20-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
565 m²
Building footprint
182 m²
Volume, LiDAR
1,800 m³
Parcel 31425C0358/00R007, Flanders · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Poort van Andries
Gistelse Steenweg 558, 8200 BruggeFull-service restaurants
since 20032.133.636.843
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31425C0358/00R007 Flanders 565 m² 1 · 181 m² 15.7 m · 4 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

Food safety, FASFC

1 site
Brugge2.133.636.843
1 permission
Toelating · Eetgelegenheid · since 05-09-2017

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,500 companies in this sector we hold annual accounts for 11,468. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded29-07-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:0859808493
Also 9925:BE0859808493
Registered 11-12-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.