Verdonck Davy
ActiveThe computed 12-month bankruptcy probability of Verdonck Davy is 2.4% (moderate). The 2024 annual accounts show equity of €375k and a net result of €-45k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 69% of 2936 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-8
Solvency75=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.01 against 3.08 in 2023; short-term debt: 9.1% and cash: 15.5% of total assets), but 50.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
49.6%
Return on assets
-5.9%
Age of the figures
21 mo
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
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
71 d early
2022
27 d early
2021
40 d early
2020
20 d late
2019
66 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€375k▼ 10.6%
2023 · €419k
2018: €187k
2019: €268k
2020: €330k
2021: €418k
2022: €419k
2023: €419k
2018 → 2024
Total assets
€756k▼ 10.5%
2023 · €845k
2018: €424k
2019: €529k
2020: €608k
2021: €915k
2022: €870k
2023: €845k
2018 → 2024
Net result
€-45k
2023 · €460
2018: €109k
2019: €82k
2020: €62k
2021: €88k
2022: €668
2023: €460
2018 → 2024
Working capital
€138k▼ 14.3%
2023 · €161k
2018: €122k
2019: €150k
2020: €179k
2021: €99k
2022: €130k
2023: €161k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€330k-€418k▲ 26.7%€419k▲ 0.2%€419k▲ 0.1%€375k▼ 10.6%
Operating result€72k-€103k▲ 41.8%€5k▼ 94.7%€3k▼ 36.2%€-43k
Net result€62k-€88k▲ 42.7%€668▼ 99.2%€460▼ 31.1%€-45k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €43k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €756k
Fixed assets
€549k▼ 9.4%
Current assets
€207k▼ 13.3%
Equity and liabilities €756k
Equity
€375k▼ 10.6%
Debt
€381k▼ 10.4%
The debt ratio rises from 50.4% to 50.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32k▼
2023 · €84k
Cash flow
€31k▼
2023 · €81k
Solvency
49.6%▼
2023 · 49.6%
Current ratio
3.01▼
2023 · 3.08
Quick ratio
2.23▼
2023 · 2.97
Debt / equity
1.02▲
2023 · 1.01
ROE
-11.9%▼
2023 · 0.1%
ROA
-5.9%▼
2023 · 0.1%
Interest coverage
8.23▼
2023 · 15.03
Debt
€381k▼
2023 · €425k
Debt ≤ 1 year
€69k▼
2023 · €77k
Debt > 1 year
€312k▼
2023 · €348k
Income taxes
€605▼
2023 · €679
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€845k€756k▼
Fixed assets21/28€606k€549k▼
Tangible fixed assets22/27€606k€549k▼
Land and buildings22€517k€485k▼
Plant, machinery and equipment23€79k€45k▼
Furniture and vehicles24€6k€17k▲
Other tangible fixed assets26€4k€2k▼
Current assets29/58€239k€207k▼
Stocks and contracts in progress3€9k€54k▲
Stocks30/36€9k€10k▲
Contracts in progress37-€44k
Amounts receivable within one year40/41€26k€28k▲
Trade receivables40€12k€16k▲
Other amounts receivable41€14k€11k▼
Cash at bank and in hand54/58€198k€117k▼
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€845k€756k▼
Equity10/15€419k€375k▼
Contributions10/11€6k€6k=
Reserves13€413k€369k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€411k€369k▼
Amounts payable17/49€425k€381k▼
Amounts payable after more than one year17€348k€312k▼
Financial debts170/4€348k€312k▼
Amounts payable within one year42/48€77k€69k▼
Current portion of amounts payable after more than one year42€35k€36k▲
Financial debts43-€301
Credit institutions430/8-€301
Trade debts44€8k€4k▼
Suppliers440/4€8k€4k▼
Taxes, remuneration and social security45€19k€15k▼
Taxes450/3€19k€15k▼
Other amounts payable47/48€15k€14k▼
Income statement
Code20232024
Non-recurring operating income76A-€3k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€75k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€87k€37k▼
Operating profit (loss)9901€3k€-43k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€1k€-44k▼
Income taxes67/77€679€605▼
Profit (loss) for the period9904€460€-45k▼
Profit (loss) for the period to be appropriated9905€460€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€460€-45k▼
Transfer from equity791/2-€45k
Transfer to equity691/2€460€0▼
To other reserves6921€460€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-45k ▼9788%
Net result drops to €-45k, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €268k ▲43.7%
2 profitable years in a row build equity to €268k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
2016
12-07
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
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, Essen · 2 establishment units since 2010
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.
Over d'Aa 1672910 EssenGround area
686 m²
Building footprint
355 m²
Volume, LiDAR
2,233 m³
3 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
DynamicFit
since 20102.194.100.210
Verdo Keukens
since 20202.308.767.571
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11642C0020/00A002 | Flanders | 294 m² | 1 · 152 m² | 6.9 m · 2 fl. |
| 11016A0601/00M004 | Flanders | 243 m² | 1 · 125 m² | 9.9 m · 2 fl. |
| 11016A0150/00K002 | Flanders | 148 m² | 1 · 78 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OZ TETIK
BE 0807.086.025
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De Hippe Kip
BE 0767.421.834
Balen · Eq €375k
FORTVEGA
BE 0756.941.280
Overijse · Eq €375k
IMMOPAPE
BE 0559.817.088
Malmedy · Eq €375k
YASMIN SPELTENS
BE 0787.977.421
Pajottegem · Eq €376k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 5,192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2010
Fiscal year end31-12
Trade name NL
"Verdo Keukens" en "Dynamic Fit"
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.