D.A.C.
ActiveSummary
D.A.C. has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €910k and a net result of €442k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 61% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+54
Solvency71▼-29
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 5.8 in 2024; short-term debt: 51.8% and cash: 21.8% of total assets), but 54.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.8%
Return on assets
22.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
85 d early
2023
54 d early
2022
53 d early
2021
34 d early
2020
18 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€442k▲ 1,591%
2024 · €26k
2018: €49k
2019: €46k▼ -5.9% vs 2018
2020: €-75k▼ -263% vs 2019lowest in 8 years
2021: €122k▲ +262% vs 2020
2022: €44k▼ -63.9% vs 2021
2023: €26k▼ -41.9% vs 2022
2024: €26k▲ +2.0% vs 2023
2025: €442k▲ +1591% vs 2024highest in 8 years
2018 → 2025
Working capital
€679k▼ 24.3%
2024 · €897k
2018: €1.10M
2019: €1.11M▲ +1.7% vs 2018
2020: €1.19M▲ +6.7% vs 2019
2021: €1.22M▲ +2.5% vs 2020
2022: €1.14M▼ -6.1% vs 2021
2023: €1.27M▲ +11.0% vs 2022highest in 8 years
2024: €897k▼ -29.4% vs 2023
2025: €679k▼ -24.3% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€1.12M▲ 4.1%€1.14M▲ 2.3%€1.17M▲ 2.3%€910k▼ 22.1%
2021: €1.07M
2022: €1.12M▲ +4.1% vs 2021
2023: €1.14M▲ +2.3% vs 2022
2024: €1.17M▲ +2.3% vs 2023highest in 5 years
2025: €910k▼ -22.1% vs 2024lowest in 5 years
Operating result€99k-€616▼ 99.4%€-3k€4k€563k▲ 13,328%
2021: €99k
2022: €616▼ -99.4% vs 2021
2023: €-3k▼ -669% vs 2022lowest in 5 years
2024: €4k▲ +220% vs 2023
2025: €563k▲ +13328% vs 2024highest in 5 years
Net result€122k-€44k▼ 63.9%€26k▼ 41.9%€26k▲ 2.0%€442k▲ 1,591%
2021: €122k
2022: €44k▼ -63.9% vs 2021
2023: €26k▼ -41.9% vs 2022lowest in 5 years
2024: €26k▲ +2.0% vs 2023
2025: €442k▲ +1591% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13,328% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.99M
Fixed assets
€278k ▼ 11.9%
Current assets
€1.71M ▲ 57.5%
Equity and liabilities €1.99M
Equity
€910k ▼ 22.1%
Provisions
€13k
Debt
€1.06M ▲ 359%
Debt's share of the balance-sheet total rises from 16.5% to 53.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€617k▲
2024 · €52k
Cash flow
€496k▲
2024 · €74k
Current ratio
1.66▼
2024 · 5.80
Quick ratio
1.11▼
2024 · 3.18
Debt to equity
1.17▲
2024 · 0.20
ROE
48.6%▲
2024 · 2.2%
ROA
22.3%▲
2024 · 1.9%
Interest coverage
73.60▲
2024 · 2.63
Debt ≤ 1 year
€1.03M▲
2024 · €187k
Debt > 1 year
€33k▼
2024 · €44k
Income taxes
€158k▲
2024 · €12k
Staff costs
€483k▼
2024 · €498k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.40M€1.99M▲
Fixed assets21/28€315k€278k▼
Tangible fixed assets22/27€315k€278k▼
Land and buildings22€56k€56k=
Plant, machinery and equipment23€170k€151k▼
Furniture and vehicles24€34k€26k▼
Leasing and similar rights25€56k€44k▼
Current assets29/58€1.08M€1.71M▲
Stocks and contracts in progress3€489k€567k▲
Stocks30/36€489k€567k▲
Amounts receivable within one year40/41€107k€702k▲
Trade receivables40€104k€18k▼
Other amounts receivable41€3k€685k▲
Cash at bank and in hand54/58€485k€433k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.99M▲
Equity10/15€1.17M€910k▼
Contributions10/11€198k€198k=
Capital10€198k€198k=
Issued capital100€198k€198k=
Reserves13€970k€712k▼
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€22k€22k=
Distributable reserves133€928k€670k▼
Provisions and deferred taxes16-€13k
Provisions for liabilities and charges160/5-€13k
Other liabilities and charges164/5-€13k
Amounts payable17/49€231k€1.06M▲
Amounts payable after more than one year17€44k€33k▼
Financial debts170/4€44k€33k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€187k€1.03M▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€27k€113k▲
Suppliers440/4€27k€113k▲
Advances received on contracts in progress46€3k€34k▲
Taxes, remuneration and social security45€144k€169k▲
Taxes450/3€56k€116k▲
Remuneration and social security454/9€88k€53k▼
Other amounts payable47/48€2k€702k▲
Accrued charges and deferred income492/3€15-
Income statement
Code20242025
Remuneration, social security and pensions62€498k€483k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€54k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-12k€17k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€13k
Other operating charges640/8€19k€25k▲
Non-recurring operating charges66A-€25k
Gross operating margin9900€558k€1.18M▲
Operating profit (loss)9901€4k€563k▲
Financial income75/76B€54k€46k▼
Recurring financial income75€54k€46k▼
Financial charges65/66B€20k€8k▼
Recurring financial charges65€20k€8k▼
Profit (loss) for the period before taxes9903€39k€600k▲
Income taxes67/77€12k€158k▲
Profit (loss) for the period9904€26k€442k▲
Profit (loss) for the period to be appropriated9905€26k€442k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€442k▲
Transfer from equity791/2-€258k
Transfer to equity691/2€26k-
To other reserves6921€26k-
Profit to be distributed694/7-€700k
Return on contributions (dividend)694-€700k
Social balance
Average headcount (FTE)908710.310.1▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €267k | €401k | €466k | €498k | €483k | ▼ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40k | €32k | €42k | €48k | €54k | ▲ 11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €316k | €-12k | €17k | ▲ 246% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €13k | - |
| Other operating charges640/8 | €17k | €16k | €16k | €19k | €25k | ▲ 28.1% |
| Non-recurring operating charges66A | - | - | - | - | €25k | - |
| Gross operating margin9900 | €423k | €449k | €837k | €558k | €1.18M | ▲ 111% |
| Operating profit (loss)9901 | €99k | €616 | €-3k | €4k | €563k | ▲ 13,328% |
| Financial income75/76B | €44k | €60k | €56k | €54k | €46k | ▼ 16.1% |
| Recurring financial income75 | €44k | €60k | €56k | €54k | €46k | ▼ 16.1% |
| Financial charges65/66B | €11k | €10k | €18k | €20k | €8k | ▼ 58.0% |
| Recurring financial charges65 | €11k | €10k | €18k | €20k | €8k | ▼ 58.0% |
| Profit (loss) for the period before taxes9903 | €133k | €50k | €35k | €39k | €600k | ▲ 1,455% |
| Income taxes67/77 | €11k | €6k | €9k | €12k | €158k | ▲ 1,170% |
| Profit (loss) for the period9904 | €122k | €44k | €26k | €26k | €442k | ▲ 1,591% |
| Profit (loss) for the period to be appropriated9905 | €122k | €44k | €26k | €26k | €442k | ▲ 1,591% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.54M | €1.60M | €1.80M | €1.40M | €1.99M | ▲ 41.9% |
| Fixed assets21/28 | €162k | €281k | €303k | €315k | €278k | ▼ 11.9% |
| Tangible fixed assets22/27 | €162k | €281k | €303k | €315k | €278k | ▼ 11.9% |
| Land and buildings22 | €56k | €56k | €56k | €56k | €56k | = |
| Plant, machinery and equipment23 | €99k | €180k | €199k | €170k | €151k | ▼ 10.7% |
| Furniture and vehicles24 | €7k | €45k | €47k | €34k | €26k | ▼ 23.1% |
| Leasing and similar rights25 | - | - | - | €56k | €44k | ▼ 20.9% |
| Current assets29/58 | €1.38M | €1.32M | €1.49M | €1.08M | €1.71M | ▲ 57.5% |
| Stocks and contracts in progress3 | €398k | €499k | €648k | €489k | €567k | ▲ 16.0% |
| Stocks30/36 | €398k | €499k | €648k | €489k | €567k | ▲ 16.0% |
| Amounts receivable within one year40/41 | €697k | €690k | €672k | €107k | €702k | ▲ 557% |
| Trade receivables40 | €34k | €44k | €29k | €104k | €18k | ▼ 83.1% |
| Other amounts receivable41 | €663k | €647k | €643k | €3k | €685k | ▲ 26,760% |
| Cash at bank and in hand54/58 | €285k | €130k | €172k | €485k | €433k | ▼ 10.8% |
| Deferred charges and accrued income490/1 | €225 | €305 | €1k | €3k | €6k | ▲ 76.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.54M | €1.60M | €1.80M | €1.40M | €1.99M | ▲ 41.9% |
| Equity10/15 | €1.07M | €1.12M | €1.14M | €1.17M | €910k | ▼ 22.1% |
| Contributions10/11 | €198k | €198k | €198k | €198k | €198k | = |
| Capital10 | €198k | €198k | €198k | €198k | €198k | = |
| Issued capital100 | €198k | €198k | €198k | €198k | €198k | = |
| Reserves13 | €874k | €918k | €944k | €970k | €712k | ▼ 26.6% |
| Non-distributable reserves130/1 | €20k | €20k | €20k | €20k | €20k | = |
| Legal reserve130 | €20k | €20k | €20k | €20k | €20k | = |
| Tax-exempt reserves132 | €22k | €22k | €22k | €22k | €22k | = |
| Distributable reserves133 | €832k | €876k | €902k | €928k | €670k | ▼ 27.8% |
| Provisions and deferred taxes16 | - | - | - | - | €13k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €13k | - |
| Other liabilities and charges164/5 | - | - | - | - | €13k | - |
| Amounts payable17/49 | €471k | €485k | €655k | €231k | €1.06M | ▲ 359% |
| Amounts payable after more than one year17 | €309k | €310k | €431k | €44k | €33k | ▼ 25.7% |
| Financial debts170/4 | - | - | - | €44k | €33k | ▼ 25.7% |
| Other amounts payable178/9 | €309k | €310k | €431k | €0 | - | - |
| Amounts payable within one year42/48 | €162k | €175k | €223k | €187k | €1.03M | ▲ 450% |
| Current portion of amounts payable after more than one year42 | - | - | - | €11k | €11k | ▲ 3.6% |
| Trade debts44 | €37k | €37k | €47k | €27k | €113k | ▲ 315% |
| Suppliers440/4 | €37k | €37k | €47k | €27k | €113k | ▲ 315% |
| Advances received on contracts in progress46 | - | - | - | €3k | €34k | ▲ 910% |
| Taxes, remuneration and social security45 | €116k | €131k | €160k | €144k | €169k | ▲ 17.7% |
| Taxes450/3 | €61k | €73k | €56k | €56k | €116k | ▲ 109% |
| Remuneration and social security454/9 | €55k | €58k | €104k | €88k | €53k | ▼ 40.1% |
| Other amounts payable47/48 | €9k | €7k | €17k | €2k | €702k | ▲ 38,933% |
| Accrued charges and deferred income492/3 | - | - | - | €15 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €122k | €44k | €26k | €26k | €442k | ▲ 1,591% |
| + Depreciation and write-downs630 | €40k | €32k | €42k | €48k | €54k | ▲ 11.3% |
| Operating cash flow (approximation) | €162k | €76k | €68k | €74k | €496k | ▲ 566% |
| Investment in fixed assets (approximation) | - | €-151k | €-63k | €-61k | €-16k | ▲ 73.6% |
| Change in cash | - | €-155k | €42k | €313k | €-52k | ▼ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €442k ▲1,591%
Operating result €563k, net result €442k, both a record.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €122k
Net result €122k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.07M ▲12.9%
Equity rises from €950k to €1.07M.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 89 days late
2019
31-12
Financial
Equity above €1MEq €1.03M ▲4.5%
2 profitable years in a row build equity to €1.03M.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Thimister-Clermont · 2 establishment units since 2009
Ground area
9,997 m²
Building footprint
2,631 m²
Volume, LiDAR
17,570 m³
Parcel 63077C0487/00D000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
2 establishment units
Delvenne
since 20092.184.023.789
DAC
since 20252.370.418.989
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0487/00D000 | Wallonia | 9,997 m² | 1 · 2,631 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GARAGE EQUIPMENT SERVICE
BE 0425.198.510
Anderlecht · Eq €914,069
LUTEX
BE 0423.398.070
Hasselt · Eq €899,862
REJEANNE
BE 0412.788.052
Gavere · Eq €897,321
KOCOON FASHION & DECORATION
BE 0465.091.739
Gistel · Eq €927,135
EKO MOTORWEAR
BE 0424.332.933
Kontich · Eq €927,268
Of 6,502 companies in sector 47716 we hold annual accounts for 2,440. 1,182 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
Contact
E-mail
info@delvenne.be
Scores and ratios are computed by Checked and are not a credit decision.