Age8 yrs
Real estate2 parcels · 2,780 m²
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for DAVO GROUP according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €38k and a net result of €16k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events11-02-2026
Bankruptcy
Opening
Trust signals
2 signalsKBO register: special legal situation
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€16k
Working capital€26k
Directors1
Annual accounts & ratios
Source: NBB · 2022Annual accounts filed on 24-03-2025 with the NBB · fiscal year 2023 · verkort
€20k
+270.9%
+9% vs sector
€16k
-
+73% vs sector
€20k
+275.3%
+47% vs sector
€106k
+316.6%
-73% vs sector
€38k
+221.9%
-49% vs sector
€26k
-
-38% vs sector
€68k
+398.3%
-79% vs sector
€68k
+398.3%
-79% vs sector
1.38
+80.4%
+22% vs sector
1.38
+80.4%
+60% vs sector
35.8%
-22.7%
+86% vs sector
1.80
-
+12% vs sector
41.7%
-
+208% vs sector
14.9%
-
+84% vs sector
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | - |
| EBITDA | €20k |
| Net profit | €16k |
| Cash flow | €20k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €106k |
| Equity | €38k |
| Debt | €68k |
| of which ≤ 1y | €68k |
| of which > 1y | - |
| Working capital | €26k |
| Employees (FTE) | - |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 1.38 |
| Quick ratio | 1.38 |
| Working capital ratio | 24.5% |
| Solvency | 35.8% |
| Debt / equity | 1.80 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 14.9% |
| ROE | 41.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €106k |
| Fixed assets | 21/28 | €12k |
| Tangible fixed assets | 22/27 | €12k |
| Current assets | 29/58 | €94k |
| Amounts receivable within one year | 40/41 | €94k |
| Cash & bank | 54/58 | €400 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €106k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €12k |
| Reserves | 13 | €331 |
| Accumulated profits (losses) | 14 | €25k |
| Amounts payable | 17/49 | €68k |
| Amounts payable within one year | 42/48 | €68k |
| Trade debts payable within one year | 44 | €18k |
| Income statement | ||
| Gross operating margin | 9900 | €20k |
| Operating result | 9901 | €16k |
| Result before taxes | 9903 | €16k |
| Net result for the period | 9904 | €16k |
| Result to be appropriated | 9905 | €16k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2022 · computed21
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
No directors on record
No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | THOMAS DEBAENE KONINKLIJKE LAAN 60,
2600 BERCHEM (ANTWERPEN) |
05-02-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Handelsbemiddeling in de groothandel in hout en bouwmaterialen(46130) |
| Legal form | Private limited company(610) |
| Incorporation | 19-02-2018 |
| Status | Active |
| Postal code | 2630 |
| First BS signal | 11-02-2026 |
| Latest BS signal | 11-02-2026 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Establishment units
1 locationDAVO GROUP
since 20182.273.098.295
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,780 m²
Buildings2
Building footprint1,107 m²
Volume (LiDAR)11,493 m³
Tallest building15.3 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0084/00P000 | Flanders | 2,393 m² | 1 · 725 m² | 12.3 m · 4 fl. |
| 11312A0916/00G000 | Flanders | 387 m² | 1 · 381 m² | 15.3 m · 5 fl. |
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.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette11-02-2026
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 2 years ago
2024
27-05-2024 Tsatinyan Suren appointed as director
Analysis
Snowflake analysis
financial profile on 5 axes53
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
21
Profitability
100
Solvency
65
Growth
78
Stability
0
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verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Handelsbemiddeling in hout en bouwmaterialen46130Handelsbemiddeling in de groothandel in hout en bouwmaterialen46130Vervaardiging van producten van vezelcement23650Vervaardiging van producten van vezelcement23650Groothandel in auto's en lichte bestelwagens (= 3,5 ton)45111Handelsbemiddeling in goederen, algemeen assortiment46190Handelsbemiddeling in de niet-gespecialiseerde groothandel46190Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Groothandel in bouwmaterialen, algemeen assortiment46731Groothandel in bouwmaterialen, algemeen assortiment46831Personenvervoer over de weg zonder dienstregeling49320Overig personenvervoer te land, n.e.g.49390
Primary activity highlighted.
Names & trade names
| Legal nameNL | DAVO GROUP |
Registered office
Kontichsesteenweg 38 bus A06
2630 Aartselaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.