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DIVANI

Active
Public limited companyfounded 2010active for 15 yearsKortrijksesteenweg 1052, 9051 Gent, BelgiumKBO/BCE: BE 0830.657.916
Summary

DIVANI has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71.1m and a net result of €395,970. Equity is shrinking by about 9.7% per year across the filed financial years. Its solvency ranks better than 63% of 5,719 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€3.5moperating income 2025
Equity
€71.1m
Profit
€395,970
Turnover -78%: 12-month year
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
SERVICE & DEVELOPMENT GROUP BELGIUM · 97.73%
Holdings
6
Auditor: VRC BEDRIJFSREVISORENAccounts 55 days early1 of 20 deeds read
Why 93raises riskLiquidity: current ratio 1.90, cash €742,984lowers riskSize: turnover €608,252, total assets €129.9mFigures for financial year 2025 (filed 26-05-2026)Founded in 2010Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 43% of its sector peers (NACE 68, large)
Financial strength · tick = 2024
Average
Solvency 80-4
equity 54.7% of total assets
Liquidity 37-5
short-term debt 31.7% · cash 0.6%
Profitability 54=
return on assets 0.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (313 companies, NACE 68, large)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.9, compared with 2.23 in 2024; short-term debt: 31.7% and cash: 0.6% of total assets), and 45.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, large): better than 71% on solvency, 22% on liquidity, 61% on profitability and 20% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.90, cash €742,984
NBB · annual accounts
lowers risk · Size: turnover €608,252, total assets €129.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 26-05-2026)
NBB · annual accounts
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 15-12-2025 was due by 15-07-2026 and was filed on 21-05-2026, 55 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
55 days early
2024
15 days early
2023
27 days early
2022
2 days late
2021
1 day late
2020
22 days early
2019
31 days late
← 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 12 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 15-12-2026 and is due by 15-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today15-12-2026 year end15-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: De Graeve Frank, De Graeve…Appointment: PDG Management BV (director)…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Back to profitnet €395,970

Key points

  • Positive: Back in profit in 2025after -€278,678 in 2024 €395,970 View
  • Positive: Among the best 5% on equitysector median €940,282 · 5,720 companies €71.1m View
  • Board changedlatest change 01-06-2026 · 3 in office 3 joined · 1 left View
  • Controlled by SERVICE & DEVELOPMENT GROUP…itself parent of 7 companies 97.73% View

By topic

Financials

Financial year
2025
Turnover
€608,252
Profit
€395,970
Solvency
54.7%
Turnover▼ 78.2%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
SERVICE & DEVELOPMENT GROUP… · 97.73%
Auditor
VRC BEDRIJFSREVISOREN
  • De Graeve DirkManaging director
  • De Graeve FrankManaging director
  • PDG ManagementDirector
Go to Board & ownership

Timeline

Events
20
Since
2012
Next accounts
by 15-07-2027
  1. 30-06-2025Annual accounts filed
  2. 04-07-2024Annual accounts filed
  3. 02-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
26-10-2010
Year ends
15-12
Peppol
Reachable for e-invoices
Go to Company details

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