ACTIVE

DAVOINE

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Financial year 2025 · closed on 31/12/2025

Net result

178,5 k €

+287.2% YoY

Gross margin

201,6 k €

+2365.1% YoY

Equity

1,5 M €

+14.0% YoY

Workforce

0,0 ETP

What does DAVOINE do?

DAVOINE is a Private limited company incorporated in 2000. Its registered office is in Forest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.519.572

Incorporation

27/03/2000

Legal form

Private limited company

Registered office

Rue des Châtaignes 21 box 2
1190 Forest · BruxellesSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	201,6 k €	+2365%	8,2 k €	-98.7%	633,4 k €	+12.8%	561,4 k €	-3.2%	579,8 k €	+9.1%	531,2 k €	+80.3%	294,6 k €	-36.4%	463,5 k €	-6.6%	496,2 k €	+10.1%	450,5 k €	+20.1%	375,2 k €	-9.2%	413,2 k €	+16.1%	356 k €	+11.3%	319,8 k €	+13.6%	281,4 k €	-33.9%	425,8 k €	+28.1%	332,4 k €	+4.6%	317,8 k €	+19.1%	266,9 k €	+14.2%	233,6 k €
EBITDA	201,2 k €	+1057%	17,4 k €	-94.8%	337,5 k €	+42.1%	237,6 k €	-15.7%	281,7 k €	+25.3%	224,9 k €	+2388%	9 k €	-93.0%	129,7 k €	-27.4%	178,6 k €	+13.6%	157,3 k €	-8.5%	171,8 k €	-21.4%	218,6 k €	+28.9%	169,6 k €	+0.5%	168,7 k €	+25.0%	135 k €	-54.1%	294,2 k €	+46.4%	200,9 k €	+3.2%	194,8 k €	+15.1%	169,3 k €	+2.8%	164,6 k €
Operating result	201,1 k €	+3319%	5,9 k €	-98.2%	326 k €	+44.5%	225,7 k €	-13.8%	261,9 k €	+29.3%	202,6 k €	+2642%	-8 k €	-107%	107,2 k €	-31.3%	156,1 k €	+15.8%	134,8 k €	-16.5%	161,5 k €	-22.5%	208,2 k €	+31.0%	158,9 k €	-1.6%	161,5 k €	+40.2%	115,2 k €	-58.0%	274,4 k €	+56.8%	175 k €	-3.3%	181 k €	+17.3%	154,3 k €	+4.0%	148,4 k €
Net result	178,5 k €	+287%	46,1 k €	-82.0%	256,1 k €	+36.1%	188,2 k €	-2.0%	192 k €	+36.4%	140,8 k €	+828%	-19,3 k €	-128%	69,2 k €	-22.7%	89,5 k €	+16.6%	76,8 k €	-7.7%	83,2 k €	-30.6%	119,9 k €	+28.3%	93,4 k €	+2.2%	91,4 k €	+68.2%	54,3 k €	-67.0%	164,4 k €	+90.4%	86,4 k €	-7.5%	93,4 k €	+22.2%	76,4 k €	+5.8%	72,2 k €
Balance sheet
Equity	1,5 M €	+14.0%	1,3 M €	+3.7%	1,2 M €	+26.3%	974,9 k €	+23.9%	786,7 k €	+32.3%	594,7 k €	+31.0%	453,9 k €	-4.1%	473,2 k €	+17.1%	404 k €	-29.5%	572,8 k €	+15.5%	496 k €	+0.0%	495,8 k €	+31.9%	375,9 k €	-5.8%	399,2 k €	+29.7%	307,9 k €	-46.3%	573,5 k €	+40.2%	409,1 k €	+26.8%	322,7 k €	+40.7%	229,4 k €	-35.0%	353 k €
Total assets	2,2 M €	+3.4%	2,1 M €	-9.8%	2,4 M €	+9.2%	2,2 M €	+0.2%	2,2 M €	+25.9%	1,7 M €	+7.8%	1,6 M €	+7.0%	1,5 M €	+9.2%	1,4 M €	-5.5%	1,4 M €	+31.1%	1,1 M €	-2.5%	1,1 M €	-4.3%	1,2 M €	+5.6%	1,1 M €	-1.2%	1,1 M €	-1.2%	1,1 M €	-2.2%	1,2 M €	+2.0%	1,2 M €	-1.2%	1,2 M €	+7.7%	1,1 M €
Cash	84,3 k €	+3655%	2,2 k €	+253%	635,2 €	-98.9%	58 k €	+586%	8,4 k €	+8666%	96,4 €	-99.0%	9,8 k €	+114%	4,6 k €	+89.7%	2,4 k €	-78.8%	11,4 k €	+36.3%	8,3 k €	-82.9%	48,9 k €	+79.7%	27,2 k €	+116%	12,6 k €	-18.5%	15,4 k €	+8.5%	14,2 k €	+463%	2,5 k €	-79.6%	12,4 k €	+11.5%	11,1 k €	+52.3%	7,3 k €
Debts	756,6 k €	-12.3%	862,4 k €	-24.4%	1,1 M €	-4.7%	1,2 M €	-12.6%	1,4 M €	+24.0%	1,1 M €	-2.9%	1,1 M €	+11.6%	1 M €	+6.1%	958,6 k €	+10.1%	870,8 k €	+43.8%	605,5 k €	-4.4%	633,6 k €	-21.1%	802,8 k €	+11.6%	719,1 k €	-12.8%	825,1 k €	+43.7%	574,1 k €	-24.7%	762,9 k €	-7.8%	827,3 k €	-11.5%	934,5 k €	+28.5%	727,2 k €
Other
Workforce	0,0 ETP		0,0 ETP	-100%	5,7 ETP	-3.4%	5,9 ETP	-6.3%	6,3 ETP	-12.5%	7,2 ETP	+10.8%	6,5 ETP	-7.1%	7,0 ETP	+2.9%	6,8 ETP	+19.3%	5,7 ETP	+14.0%	5,0 ETP	+11.1%	4,5 ETP	+12.5%	4,0 ETP	+5.3%	3,8 ETP	+11.8%	3,4 ETP	0.0%	3,4 ETP	0.0%	3,4 ETP	0.0%	3,4 ETP	+36.0%	2,5 ETP	+13.6%	2,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Alexis Davoine

Director · since 25 août 2022

Active

Clara Davoine

Director · since 25 août 2022

Active

JEAN-CHRISTOPHE DAVOINE

Director · since 25 août 2022

Active

MARIA BARAZZUTTI

Director · since 25 août 2022

Active

Ended mandates

Alexis Davoine

Director · since 01 octobre 2021

Ended

Davoine Jean-Christophe

Director · since 01 janvier 2021

Ended

Alexis Davoine

Director

Ended

Clara Davoine

Director

Ended

At this address

Other companies at this address

Company	CBE no.
ALEXARA● Active	1023.674.256
CLAREXIS & CO● Active	1002.062.656
PHARMACIE DAVOINE● Active	0444.488.642
PHARMACIE DUFRANE● Active	0477.954.434
SPYPHARMA● Active	0419.976.247

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2026	29/08/2025	27/09/2024	29/08/2023	31/10/2022	31/08/2021
General meeting	04/05/2026	06/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/05/2026	30/08/2026	French	PDF
Abridged model	31/12/2024	06/05/2025	29/08/2025	French	PDF
Abridged model	31/12/2023	07/05/2024	27/09/2024	French	PDF
Abridged model	31/12/2022	02/05/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	03/05/2022	31/10/2022	French	PDF
Abridged model	31/12/2020	04/05/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	31/08/2020	30/10/2020	French	PDF
Abridged model	31/12/2018	02/05/2019	29/08/2019	French	PDF
Abridged model	31/12/2017	02/05/2018	31/08/2018	French	PDF
Abridged model	31/12/2016	02/05/2017	24/08/2017	French	PDF
Abridged model	31/12/2015	03/05/2016	04/08/2016	French	PDF
Abridged model	31/12/2014	05/05/2015	20/08/2015	French	PDF
Abridged model	31/12/2013	06/05/2014	20/08/2014	French	PDF
Abridged model	31/12/2012	18/06/2013	01/07/2013	French	PDF
Abridged model	31/12/2011	12/06/2012	03/07/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	26/07/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	17/06/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	18/06/2008	French	PDF
Abridged model	31/12/2006	23/05/2007	18/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 7 ended

Active mandates

Alexis Davoine

Director · since 25 août 2022

Active

Clara Davoine

Director · since 25 août 2022

Active

JEAN-CHRISTOPHE DAVOINE

Director · since 25 août 2022

Active

MARIA BARAZZUTTI

Director · since 25 août 2022

Active

Ended mandates

Alexis Davoine

Director · since 01 octobre 2021

Ended

Davoine Jean-Christophe

Director · since 01 janvier 2021

Ended

Alexis Davoine

Director

Ended

Clara Davoine

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/09/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates18/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates23/02/2021
DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/03/2018
CAPITAL, ACTIONS
PDF
Capital / shares13/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/05/2006
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025178,5 k €↑
2024
Annual accounts 202446,1 k €↓
2023
Annual accounts 2023256,1 k €↑
2022
Annual accounts 2022188,2 k €↓
2021
Annual accounts 2021192 k €↑
2020
Annual accounts 2020140,8 k €↑
2019
Annual accounts 2019-19,3 k €↓
2018
Annual accounts 201869,2 k €↓
2017
Annual accounts 201789,5 k €↑
2016
Annual accounts 201676,8 k €↓
2015
Annual accounts 201583,2 k €↓
2014
Annual accounts 2014119,9 k €↑
2013
Annual accounts 201393,4 k €↑
2012
Annual accounts 201291,4 k €↑
2011
Annual accounts 201154,3 k €↓
2010
Annual accounts 2010164,4 k €↑
2009
Annual accounts 200986,4 k €↓
2008
Annual accounts 200893,4 k €↑
2007
Annual accounts 200776,4 k €↑
2006
Annual accounts 200672,2 k €
27/03/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DAVOINE

Overview

What does DAVOINE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline