D'AVELLE XL
ActiveSummary
D'AVELLE XL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-32k) and a net result of €-36k. Equity is shrinking by ~43.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-30
Solvency19▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.07 in 2024; short-term debt: 105.5% and cash: 1.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-5.5%
Return on assets
-6.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-32k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
95 d late
2023
111 d early
2022
13 d early
2021
92 d late
2020
90 d late
2019
101 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-32k
2024 · €4k
2018: €152k
2019: €129k
2020: €81k
2021: €31k
2022: €87k
2023: €28k
2024: €4k
2018 → 2025
Total assets
€582k▼ 5.8%
2024 · €617k
2018: €192k
2019: €185k
2020: €721k
2021: €709k
2022: €747k
2023: €635k
2024: €617k
2018 → 2025
Net result
€-36k▼ 54.3%
2024 · €-24k
2018: €-41k
2019: €-23k
2020: €-48k
2021: €-50k
2022: €56k
2023: €-59k
2024: €-24k
2018 → 2025
Working capital
€-605k▼ 6.1%
2024 · €-570k
2018: €34k
2019: €28k
2020: €-551k
2021: €-601k
2022: €-515k
2023: €-560k
2024: €-570k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€87k▲ 178%€28k▼ 68.1%€4k▼ 84.7%€-32k
Operating result€-49k-€57k€-57k€-23k▲ 59.9%€-36k▼ 57.4%
Net result€-50k-€56k€-59k€-24k▲ 60.3%€-36k▼ 54.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2025 against €23k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €582k
Fixed assets
€573k ▼ 0.3%
Current assets
€9k ▼ 78.7%
Key figures and ratios
EBITDA
€-4k▼
2024 · €2k
Cash flow
€-4k▼
2024 · €1k
Solvency
-5.5%▼
2024 · 0.7%
Current ratio
0.01▼
2024 · 0.07
Debt to equity
-19.09
ROA
-6.3%▼
2024 · -3.8%
Interest coverage
-22.39▼
2024 · 3.27
Debt
€614k▲
2024 · €613k
Debt ≤ 1 year
€614k▲
2024 · €613k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€617k€582k▼
Fixed assets21/28€574k€573k▼
Tangible fixed assets22/27€574k€573k▼
Land and buildings22€572k€571k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€0-
Current assets29/58€43k€9k▼
Amounts receivable within one year40/41€43k€193▼
Trade receivables40€31k-
Other amounts receivable41€11k€193▼
Cash at bank and in hand54/58€415€9k▲
Equity and liabilities
Total equity and liabilities10/49€617k€582k▼
Equity10/15€4k€-32k▼
Contributions10/11€19k€19k=
Reserves13€174k€174k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€172k€172k=
Profit (loss) carried forward14€-188k€-224k▼
Amounts payable17/49€613k€614k▲
Amounts payable within one year42/48€613k€614k▲
Financial debts43-€14
Credit institutions430/8-€14
Trade debts44€11k€3k▼
Suppliers440/4€11k€3k▼
Taxes, remuneration and social security45€1k€1k=
Taxes450/3€1k€1k=
Other amounts payable47/48€601k€609k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€32k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€4k€-2k▼
Operating profit (loss)9901€-23k€-36k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€570€174▼
Recurring financial charges65€570€174▼
Profit (loss) for the period before taxes9903€-24k€-36k▼
Profit (loss) for the period9904€-24k€-36k▼
Profit (loss) for the period to be appropriated9905€-24k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-188k€-224k▼
Profit (loss) brought forward from the previous period14P€-164k€-188k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-59k ▼206%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €56k
Net result €56k after 4 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kruisem · 1 establishment unit since 2002
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.
Kruishoutemsesteenweg 1879750 KruisemGround area
3,835 m²
Building footprint
616 m²
Volume, LiDAR
3,054 m³
2 parcels, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Terbiest 47C, 9550 Herzele
since 20022.098.776.330
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45015D0515/00A002 | Flanders | 2,926 m² | 1 · 458 m² | 9.6 m · 1 fl. |
| 41062C0824/00M000 | Flanders | 910 m² | 1 · 158 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
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BE 0830.293.373
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MONS GRAND PLACE
BE 0754.867.460
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LCG
BE 0747.671.149
Antwerpen · Eq €4,255
Parabole Invest
BE 0727.550.874
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 14,115 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.