DOVASCO
ActiveSummary
DOVASCO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €463,617 and a net result of -€12,713. Equity remains stable across the filed fiscal years (±1.5% per year). The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 24 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 (2)
History
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Financials · fiscal year 2024, full schema
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.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 2,687 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | - | €5,322 | €5,608 | €7,712 | €7,080 | ▼ 8.2% |
| Services and other goods61 | - | €4,402 | €4,747 | €6,236 | €5,661 | ▼ 9.2% |
| Other operating charges640/8 | - | €920 | €862 | €1,475 | €1,419 | ▼ 3.8% |
| Operating profit (loss)9901 | -€2,639 | -€5,322 | -€5,608 | -€7,712 | -€7,080 | ▲ 8.2% |
| Financial charges65/66B | - | €846 | €1,436 | €4,901 | €5,633 | ▲ 14.9% |
| Recurring financial charges65 | €924 | €846 | €1,436 | €4,901 | €5,633 | ▲ 14.9% |
| Debt charges650 | €767 | €694 | €1,287 | €4,753 | €5,480 | ▲ 15.3% |
| Other financial charges652/9 | - | €152 | €149 | €149 | €153 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | -€3,563 | -€6,168 | -€7,044 | -€12,613 | -€12,713 | ▼ 0.8% |
| Profit (loss) for the period9904 | -€3,563 | -€6,168 | -€7,044 | -€12,613 | -€12,713 | ▼ 0.8% |
| Profit (loss) for the period to be appropriated9905 | -€3,563 | -€6,168 | -€7,044 | -€12,613 | -€12,713 | ▼ 0.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €607,195 | €601,942 | €596,850 | €589,377 | €582,174 | ▼ 1.2% |
| Fixed assets21/28 | €527,090 | €527,090 | €527,090 | €527,090 | €527,090 | = |
| Tangible fixed assets22/27 | €527,090 | €527,090 | €527,090 | €527,090 | €527,090 | = |
| Land and buildings22 | - | €220,000 | €220,000 | €220,000 | €220,000 | = |
| Other tangible fixed assets26 | - | €307,090 | €307,090 | €307,090 | €307,090 | = |
| Current assets29/58 | €80,105 | €74,852 | €69,760 | €62,287 | €55,084 | ▼ 11.6% |
| Amounts receivable within one year40/41 | €29 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €80,076 | €74,852 | €69,760 | €62,287 | €55,084 | ▼ 11.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €607,195 | €601,942 | €596,850 | €589,377 | €582,174 | ▼ 1.2% |
| Equity10/15 | €502,155 | €495,987 | €488,943 | €476,330 | €463,617 | ▼ 2.7% |
| Contributions10/11 | €677,741 | €677,741 | €677,741 | €677,741 | €677,741 | = |
| Capital10 | - | €677,741 | €677,741 | €677,741 | €677,741 | = |
| Issued capital100 | - | €677,741 | €677,741 | €677,741 | €677,741 | = |
| Reserves13 | €13 | €13 | €13 | €13 | €13 | = |
| Non-distributable reserves130/1 | - | €13 | €13 | €13 | €13 | = |
| Legal reserve130 | - | €13 | €13 | €13 | €13 | = |
| Profit (loss) carried forward14 | -€175,600 | -€181,767 | -€188,812 | -€201,425 | -€214,138 | ▼ 6.3% |
| Amounts payable17/49 | €105,040 | €105,954 | €107,907 | €113,047 | €118,557 | ▲ 4.9% |
| Amounts payable within one year42/48 | €105,040 | €105,954 | €107,907 | €113,047 | €118,557 | ▲ 4.9% |
| Trade debts44 | €980 | €1,334 | €2,000 | €2,200 | €2,230 | ▲ 1.4% |
| Suppliers440/4 | - | €1,334 | €2,000 | €2,200 | €2,230 | ▲ 1.4% |
| Taxes, remuneration and social security45 | - | - | - | €187 | €187 | = |
| Taxes450/3 | - | - | - | €187 | €187 | = |
| Other amounts payable47/48 | - | €104,620 | €105,907 | €110,660 | €116,141 | ▲ 5.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,563 | -€6,168 | -€7,044 | -€12,613 | -€12,713 | ▼ 0.8% |
| Operating cash flow (approximation) | -€3,563 | -€6,168 | -€7,044 | -€12,613 | -€12,713 | ▼ 0.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,224 | -€5,092 | -€7,474 | -€7,203 | ▲ 3.6% |
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
04-08
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)Registered-office move · Power of attorney5 facts ▸
- General meeting, 22-06-2026
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren (statutory auditor)
- Director in office, Paul Eelen (representative)
- Registered-office move, Scheldelindeweg 5, 9052 Zwijnaarde
- Power of attorney, Annelies Vanmarcke
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0391/00B002 | Flanders | 16.2 ha | 1 · 3,512 m² | - |
Linked by address, not proof of ownership
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Ernst & Young Bedrijfsrevisoren |
|
Structure & network
Owners and holdings
2 ownersChain of control
- DOMO CHEMICALS HOLDING
- DOVESCO
- DOVASCO
Highest known parent: DOMO CHEMICALS HOLDING. The sources do not say who stands above it.
Owners 2
- DOVESCOparent99.99%
-
0.01%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of DOVASCO 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
No current directors or connected companies found in the register.
Identification & contact
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.