Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DAVO from Gent, company number BE0444363037, closed financial year 2026 with a result of € -36,501 after tax. For that financial year DAVO recorded a gross margin of € 39,662 and equity of € 829,253. Compared with financial year 2025, the result moved from € -44,769 to € -36,501. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 829,253
▼ 4% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,501
▲ 18 % less loss than in 2025
Profit after tax over the fiscal year.
€ 4,097
▼ 66% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 810,653.
People and assets in 2026
€ 6,249
▼ 48% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 480
▼ 23% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 666,017 | € 29,238 | € 28,170 | € 39,662 | ▲ 41% |
| Profit after taxes | € 415,253 | € -35,072 | € -44,769 | € -36,501 | ▲ € 8,268 |
| Equity | € 1,301,338 | € 916,266 | € 865,754 | € 829,253 | ▼ 4% |
| Total debts | € 61,910 | € 400,413 | € 405,711 | € 446,467 | ▲ 10% |
| Cash | € 89,888 | € 2,686 | € 11,947 | € 4,097 | ▼ 66% |
| Land & buildings | € 1,334,744 | € 1,294,591 | € 1,254,438 | € 1,264,104 | ▲ 1% |
| Retained profit | € 932,738 | € 897,666 | € 847,154 | € 810,653 | ▼ 4% |
| Dividend | € 3,813 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,492,388 | € 1,439,867 | € 1,394,443 | € 1,392,748 |
Key figures of DAVO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 30 October 2027.
What happened to DAVO?
What happened at DAVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 36,501. Source: NBB ↗
- Ann Baudonck became a director. NBB
- Guy Vandenheede became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 415,253 profit in 2023 to € 36,501 loss in 2026.
Paid € 202,019 in corporate taxes since 2023.
Best year ever: 2023, with € 415,253 profit.
Paid out € 3,813 in dividends to the owners in total.
Management
Behind DAVO are Ann Baudonck and Guy Vandenheede.
Directors
According to the 2026 annual accounts
Ann Baudonck
Director
since 2022
Guy Vandenheede
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Ruienhovestraat 38
9032 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.363.037
- VAT number
- BE 0444.363.037
- Registered office
- Ruienhovestraat 38, 9032 Gent
- Names & denominations
- DAVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1991
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur van niet-residentiële gebouwen