DIVAX
DIVAX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €694k and a net result of €-5k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €694k |
| Net result | €-5k |
| Better than sector | 88% |
| Active | 15 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.7% | 55.9% | |
| Net result | €-5k | €27k | |
| Equity | €694k | €83k | |
| Gross operating margin | €2k | €54k | |
| Total assets | €774k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €359 | €399k | €135k | €121k | €87k |
| Net profit | €-5k | €254k | €74k | €69k | €42k |
| Cash flow | €5k | €265k | €92k | €86k | €62k |
| Staff costs | - | - | - | - | - |
| Income taxes | €165 | €140k | €32k | €27k | €16k |
| Dividends | - | - | - | - | - |
| Total assets | €774k | €806k | €721k | €625k | €572k |
| Equity | €694k | €699k | €445k | €371k | €302k |
| Debt | €80k | €107k | €263k | €242k | €257k |
| of which ≤ 1y | €79k | €98k | €251k | €233k | €257k |
| of which > 1y | - | - | - | - | - |
| Working capital | €694k | €697k | €220k | €137k | €43k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 9.82 | 8.11 | 1.88 | 1.59 | 1.17 |
| Quick ratio | 9.82 | 8.11 | 1.88 | 1.59 | 1.17 |
| Working capital ratio | 89.7% | 86.5% | 30.5% | 22.0% | 7.6% |
| Solvency | 89.7% | 86.8% | 61.8% | 59.3% | 52.7% |
| Debt / equity | 0.12 | 0.15 | 0.59 | 0.65 | 0.85 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 0.25 | 45.30 | 10.81 | 13.70 | 9.47 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -0.7% | 31.6% | 10.3% | 11.0% | 7.3% |
| ROE | -0.8% | 36.4% | 16.7% | 18.6% | 13.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €774k | €806k | €721k | €625k | €572k |
| Fixed assets | 21/28 | €1k | €11k | €250k | €255k | €272k |
| Tangible fixed assets | 22/27 | €1k | €11k | €250k | €255k | €272k |
| Current assets | 29/58 | €773k | €795k | €471k | €370k | €300k |
| Amounts receivable within one year | 40/41 | €4k | €678 | €30k | €31k | €43k |
| Investments | 50/53 | €745k | €200k | - | - | - |
| Cash & bank | 54/58 | €23k | €594k | €439k | €338k | €256k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €774k | €806k | €721k | €625k | €572k |
| Equity | 10/15 | €694k | €699k | €445k | €371k | €302k |
| Contributions / capital | 10/11 | €30k | €30k | €30k | €30k | €30k |
| Reserves | 13 | €663k | €669k | €415k | €340k | €271k |
| Provisions & deferred taxes | 16 | - | €0 | €12k | €13k | €13k |
| Amounts payable | 17/49 | €80k | €107k | €263k | €242k | €257k |
| Amounts payable within one year | 42/48 | €79k | €98k | €251k | €233k | €257k |
| Trade debts payable within one year | 44 | €64k | €5k | €7k | €3k | €5k |
| Income statement | ||||||
| Gross operating margin | 9900 | €2k | €404k | €140k | €125k | €90k |
| Operating result | 9901 | €-10k | €389k | €118k | €104k | €67k |
| Financial income | 75 | €6k | €1k | €4 | €4 | €5 |
| Financial charges | 65 | €1k | €9k | €13k | €9k | €9k |
| Result before taxes | 9903 | €-5k | €382k | €105k | €95k | €58k |
| Income taxes | 67/77 | €165 | €140k | €32k | €27k | €16k |
| Net result for the period | 9904 | €-5k | €254k | €74k | €69k | €42k |
| Result to be appropriated | 9905 | €-5k | €285k | €76k | €70k | €43k |
Former directors (1)
-
Dirk Van AsscheDirectorState Gazette act 23421865 (07-11-2023)Former- → 07-11-2023
| NACE primary | Activities of head offices(70100) |
| Legal form | Private limited company(610) |
| Incorporation | 14-07-2011 |
| Status | Active |
| Postal code | 9250 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023B0750/00K000 | Flanders | 2,180 m² | 1 · 170 m² | 8.9 m · 2 fl. |
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.
07-11-2023 1 resigning, 1 reappointed
- Dirk Van Assche, Bestuurder
- Dirk Van Assche, Bestuurder
Technical details
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"filing_date": "2023-11-03",
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"Een gelijkvormig afschrift van het proces-verbaal van buitengewone algemene vergadering de dato 24/10/2023",
"Geco\u00F6rdineerde statuten"
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}| Legal nameNL | DIVAX |