Summary
DUNAVEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €174,144 and a net result of €46,911. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 8102 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 8102 sector peers (2025).
NBB · sector comparisonPosition among 8102 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 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
26 d late
2024
27 d late
2023
42 d late
2022
28 d late
2021
on the day
2020
299 d late
2019
on the day
← 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 60 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€174,144▲ 36.9%
2024 · €127,233
Net result
€46,911▲ 23.4%
2024 · €38,028
Total assets
€2.2m▼ 3.3%
2024 · €2.2m
Solvency
8.0%▲ 2.4pp
2024 · 5.7%
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 64, Financial service activities, except insurance and pension funding, 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€568€8,513▲ 1,399%€55,622▲ 553%€124,698▲ 124%€109,196▼ 12.4%
Net result€440below the sector's middle half€8,581within the sector's middle half▲ 1,852%€1,710below the sector's middle half▼ 80.1%€38,028within the sector's middle half▲ 2,124%€46,911within the sector's middle half▲ 23.4%
Equity€78,915within the sector's middle half▲ 0.6%€87,495within the sector's middle half▲ 10.9%€89,205within the sector's middle half▲ 2.0%€127,233within the sector's middle half▲ 42.6%€174,144within the sector's middle half▲ 36.9%
Total assets€2.6mabove the sector's middle half▼ 0.4%€2.6mabove the sector's middle half▼ 0.8%€2.3mabove the sector's middle half▼ 10.9%€2.2mabove the sector's middle half▼ 1.9%€2.2mabove the sector's middle half▼ 3.3%
Debt€2.5m▼ 0.4%€2.5m▼ 1.2%€2.2m▼ 11.3%€2.1m▼ 3.7%€2.0m▼ 5.7%
Working capital-€2.3mbelow the sector's middle half▲ 2.8%-€2.3mbelow the sector's middle half▲ 3.2%-€2.2mbelow the sector's middle half▲ 3.1%-€2.1mbelow the sector's middle half▲ 4.7%-€1.5mbelow the sector's middle half▲ 30.6%
Solvency3.0%below the sector's middle half=3.4%below the sector's middle half▲ 0.4pp3.9%below the sector's middle half▲ 0.5pp5.7%below the sector's middle half▲ 1.8pp8.0%below the sector's middle half▲ 2.4pp
Current ratio0.07below the sector's middle half▲ 0.020.09below the sector's middle half▲ 0.020.00below the sector's middle half▼ 0.090.01below the sector's middle half▲ 0.010.01below the sector's middle half=
Return on assets (ROA)0.0%below the sector's middle half▲ 0.6pp0.3%below the sector's middle half▲ 0.3pp0.1%below the sector's middle half▼ 0.3pp1.7%within the sector's middle half▲ 1.6pp2.2%within the sector's middle half▲ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€2.2m ▼ 3.0%
Current assets
€17,310 ▼ 29.5%
Equity and liabilities €2.2m
Equity
€174,144 ▲ 36.9%
Debt
€2.0m ▼ 5.7%
Debt's share of the balance-sheet total falls from 94.3% to 92.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
26.9%▼
2024 · 29.9%
Debt ≤ 1 year
€1.5m▼
2024 · €2.1m
Income taxes
€17,571▲
2024 · €11,914
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €66,903 | €66,903 | €66,903 | €66,903 | €66,903 | = |
| Other operating charges640/8 | - | €3,184 | €2,507 | €2,775 | €4,726 | ▲ 70.3% |
| Gross operating margin9900 | €67,471 | €78,601 | €125,032 | €194,376 | €180,825 | ▼ 7.0% |
| Operating profit (loss)9901 | €568 | €8,513 | €55,622 | €124,698 | €109,196 | ▼ 12.4% |
| Financial income75/76B | - | €163 | - | - | - | - |
| Recurring financial income75 | - | €163 | - | - | - | - |
| Financial charges65/66B | - | €95 | €53,912 | €74,756 | €44,715 | ▼ 40.2% |
| Recurring financial charges65 | €128 | €95 | €53,912 | €74,756 | €44,715 | ▼ 40.2% |
| Profit (loss) for the period before taxes9903 | €440 | €8,581 | €1,710 | €49,942 | €64,482 | ▲ 29.1% |
| Income taxes67/77 | - | - | - | €11,914 | €17,571 | ▲ 47.5% |
| Profit (loss) for the period9904 | €440 | €8,581 | €1,710 | €38,028 | €46,911 | ▲ 23.4% |
| Profit (loss) for the period to be appropriated9905 | €440 | €8,581 | €1,710 | €38,028 | €46,911 | ▲ 23.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.6m | €2.3m | €2.2m | €2.2m | ▼ 3.3% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.3m | €2.2m | €2.2m | ▼ 3.0% |
| Tangible fixed assets22/27 | €2.4m | €2.4m | €2.3m | €2.2m | €2.2m | ▼ 3.0% |
| Land and buildings22 | - | €2.4m | €2.3m | €2.2m | €2.2m | ▼ 3.0% |
| Current assets29/58 | €167,088 | €213,024 | €503 | €24,559 | €17,310 | ▼ 29.5% |
| Amounts receivable within one year40/41 | €62,510 | €122,900 | €503 | - | €12 | - |
| Trade receivables40 | - | €122,900 | €500 | - | - | - |
| Other amounts receivable41 | - | - | €3 | - | €12 | - |
| Cash at bank and in hand54/58 | €48,578 | €33,850 | - | €24,559 | €17,298 | ▼ 29.6% |
| Deferred charges and accrued income490/1 | - | €56,274 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.6m | €2.3m | €2.2m | €2.2m | ▼ 3.3% |
| Equity10/15 | €78,915 | €87,495 | €89,205 | €127,233 | €174,144 | ▲ 36.9% |
| Contributions10/11 | €79,427 | €79,427 | €79,427 | €79,427 | €79,427 | = |
| Capital10 | - | €79,427 | €79,427 | €79,427 | €79,427 | = |
| Issued capital100 | - | €79,427 | €79,427 | €79,427 | €79,427 | = |
| Reserves13 | €6,300 | €6,300 | €7,943 | €7,943 | €7,943 | = |
| Non-distributable reserves130/1 | - | €6,300 | €7,943 | €7,943 | €7,943 | = |
| Legal reserve130 | - | €6,300 | €7,943 | €7,943 | €7,943 | = |
| Profit (loss) carried forward14 | -€6,812 | €1,768 | €1,836 | €39,863 | €86,774 | ▲ 118% |
| Amounts payable17/49 | €2.5m | €2.5m | €2.2m | €2.1m | €2.0m | ▼ 5.7% |
| Amounts payable within one year42/48 | €2.5m | €2.5m | €2.2m | €2.1m | €1.5m | ▼ 30.6% |
| Financial debts43 | - | - | €1.5m | €1.0m | €500,000 | ▼ 50.0% |
| Credit institutions430/8 | - | - | €1.5m | €1.0m | €500,000 | ▼ 50.0% |
| Trade debts44 | €763 | €1,215 | €233 | €517 | €2,485 | ▲ 380% |
| Suppliers440/4 | - | €1,215 | €233 | €517 | €2,485 | ▲ 380% |
| Taxes, remuneration and social security45 | - | €2,713 | €2,713 | €45,776 | €20,284 | ▼ 55.7% |
| Taxes450/3 | - | €2,713 | €2,713 | €45,776 | €20,284 | ▼ 55.7% |
| Other amounts payable47/48 | - | €2.5m | €696,289 | €1.1m | €948,332 | ▼ 11.6% |
| Accrued charges and deferred income492/3 | - | - | €1,211 | - | €526,962 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €440 | €8,581 | €1,710 | €38,028 | €46,911 | ▲ 23.4% |
| + Depreciation and write-downs630 | €66,903 | €66,903 | €66,903 | €66,903 | €66,903 | = |
| Operating cash flow (approximation) | €67,343 | €75,484 | €68,613 | €104,931 | €113,814 | ▲ 8.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€14,728 | - | - | -€7,261 | - |
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
Next filing, fiscal year 2026, expected by
2026
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
30-06
Financial
Highest result since 2019net €46,911 ▲23.4%
Net result €46,911, the highest in the series.
30-06
Financial
Equity above €150,000Eq €174,144 ▲36.9%
5 profitable years in a row build equity to €174,144.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-06
Financial
Equity above €100,000Eq €127,233 ▲42.6%
4 profitable years in a row build equity to €127,233.
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 299 days late
30-06
Financial
Back to profitnet €440
Net result €440 after one loss-making year.
2020
30-06
Financial
Weakest financial yearnet -€16,032
Net result drops to -€16,032, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
13-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Brussel · 1 establishment unit since 2011
Ground area
6,559 m²
Building footprint
605 m²
Volume, LiDAR
7,794 m³
2 parcels, Brussels, Flanders · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
60
companies at this address
See who is registered here
1 establishment unit
Dunavest
since 20112.195.225.707
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K1258/00G000 | Brussels | 5,796 m² | 1 · 376 m² | 20.9 m · 6 fl. |
| 31337F0557/00_000 | Flanders | 764 m² | 1 · 229 m² | 9.3 m · 2 fl. |
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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 13,454 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-12-2010
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832091932
Also
9925:BE0832091932
Registered
19-12-2025
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.