Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 41.8 to 33.6.
Financials
Financial year 2025
DAVIDSON BELGIUM from Wemmel, company number BE0849570243, closed financial year 2025 with a result of € -160,963 after tax. For that financial year DAVIDSON BELGIUM recorded a gross margin of € 3.1 million and equity of € -18,492. Compared with financial year 2024, the result moved from € -238,422 to € -160,963. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ -18,492
▼ € 160,963 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -160,963
▲ 32 % less loss than in 2024
Profit after tax over the fiscal year.
€ 238,730
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -62,492.
People and assets in 2025
33.6
▼ 7.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 11% vs 2024
€ 94,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 815,415
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 345,831
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,559,780 | € 3,796,468 | € 3,477,940 | € 3,109,359 | ▼ 11% |
| Profit after taxes | € -84,597 | € 62,944 | € -238,422 | € -160,963 | ▲ € 77,459 |
| Equity | € 717,949 | € 380,893 | € 142,471 | € -18,492 | ▼ € 160,963 |
| Total debts | € 1,492,832 | € 2,272,266 | € 1,657,833 | € 1,161,246 | ▼ 30% |
| Cash | € 696,945 | € 1,050,995 | € 704,175 | € 238,730 | ▼ 66% |
| Retained profit | € 673,949 | € 336,893 | € 98,471 | € -62,492 | ▼ € 160,963 |
| Dividend | € 0 | € 400,000 | € 0 | € 0 | |
| Balance sheet total | € 2,210,781 | € 2,653,158 | € 1,800,303 | € 1,142,754 | ▼ 37% |
| Employees (FTE) | 41.6 | 41.8 | 40.9 | 33.6 | ▼ 7.3 |
Key figures of DAVIDSON BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DAVIDSON BELGIUM?
What happened at DAVIDSON BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 160,963. Source: NBB ↗
- Air Consulting BV became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
- Bertrand BAILLY became a director. NBB
- Edouard MANDELKERN became a director. NBB
In short
From € 84,597 loss in 2022 to € 160,963 loss in 2025.
Paid € 295,474 in corporate taxes since 2022.
Best year ever: 2023, with € 62,944 profit.
On average € 92,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind DAVIDSON BELGIUM are Bertrand BAILLY, Air Consulting BV and Edouard MANDELKERN.
Directors
According to the 2025 annual accounts
Bertrand BAILLY
Director
since 2012
Managing director · represented by Chloé PATRONCINI
since 2026
Edouard MANDELKERN
Director
since 2012
Establishments
Establishment units
Physical locations of this company
L. Vander Zijpenstraat 56
1780 Wemmel
Arnaud Fraiteurlaan 15 box 23
1050 Elsene
Active since 9 October 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
Domain
Domain
davidson.group
Registered
2017-02-19
Registrar
EuroDNS S.A.
Expires
2027-02-19
Website info
Features
Security
Details
- Company number
- 0849.570.243
- VAT number
- BE 0849.570.243
- Registered office
- L. Vander Zijpenstraat 56, 1780 Wemmel
- Names & denominations
- DAVIDSON BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2012
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- davidson.group
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