DACAR
ActiveSummary
DACAR has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68.6m and a net result of €520,617. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 64% of 3221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▲+7
Solvency94▲+3
Growth72▼-6
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270,000 at 30 days acceptable
Liquidity ample (current ratio 8.56 against 6.64 in 2024; short-term debt: 5.2% and cash: 2.6% of total assets), and 30.7% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
69.3%
Return on assets
0.5%
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
5 d late
2023
6 d early
2022
11 d early
2021
12 d early
2020
26 d late
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by total assets in Sint-Jans-Molenbeek, Professional and technical services sector#1 company by equity in Sint-Jans-Molenbeek, Professional and technical services sector
Turnover
€2.7m▲ 8.3%
2024 · €2.5m
EBIT margin
25.6%▲ 22.6pp
2024 · 2.9%
Net result
€520,617▼ 67.0%
2024 · €1.6m
Working capital
€38.7m▼ 0.7%
2024 · €39.0m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.5m€2.7m▲ 8.3%
Operating result€61,618€115,667▲ 87.7%€218,112▲ 88.6%€73,531▼ 66.3%€690,709▲ 839%
Net result€697,811▼ 61.4%-€1.9m€620,355€1.6m▲ 154%€520,617▼ 67.0%
EBIT margin2.9%25.6%▲ 22.6pp
Equity€65.2m▲ 0.5%€63.0m▼ 3.4%€63.3m▲ 0.5%€64.4m▲ 1.7%€68.6m▲ 6.5%
Total assets€71.2m▲ 3.2%€74.5m▲ 4.6%€89.2m▲ 19.8%€98.3m▲ 10.2%€99.0m▲ 0.7%
Debt€6.0m▲ 47.4%€11.4m▲ 91.1%€25.8m▲ 126%€33.9m▲ 31.1%€30.4m▼ 10.4%
Working capital€50.5m▼ 1.3%€40.5m▼ 19.8%€38.8m▼ 4.3%€39.0m▲ 0.6%€38.7m▼ 0.7%
Staff (FTE)4.4▲ 46.7%4.9▲ 11.4%4.8▼ 2.0%4.5▼ 6.3%3.8▼ 15.6%
Why a figure moved sharply
- 2025 Net result -67% on 2024. Cause not known from the registers.
- 2024 Net result +154% on 2023. The accounts now follow the full schema, last year the abbreviated schema.
- 2021 Net result -61% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 839% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99.0m
Fixed assets
€55.1m ▲ 5.3%
Current assets
€43.9m ▼ 4.5%
Equity and liabilities €99.0m
Equity
€68.6m ▲ 6.5%
Debt
€30.4m ▼ 10.4%
Debt's share of the balance-sheet total falls from 34.5% to 30.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.1m▲
2024 · €1.5m
Cash flow
€2.9m▼
2024 · €3.0m
Current ratio
8.56▲
2024 · 6.64
Debt to equity
0.44▼
2024 · 0.53
ROE
0.8%▼
2024 · 2.4%
ROA
0.5%▼
2024 · 1.6%
Interest coverage
3.14▲
2024 · 1.78
Debt ≤ 1 year
€5.1m▼
2024 · €6.9m
Debt > 1 year
€25.2m▼
2024 · €26.9m
Income taxes
€19,728▼
2024 · €413,909
Staff costs
€564,983▼
2024 · €667,340
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €4.0m | €4.9m | ▲ 24.2% |
| Turnover70 | - | - | - | €2.5m | €2.7m | ▲ 8.3% |
| Other operating income74 | - | - | - | €1.5m | €2.2m | ▲ 51.9% |
| Non-recurring operating income76A | - | €3,500 | €300 | €5,620 | - | - |
| Operating charges60/66A | - | - | - | €3.9m | €4.2m | ▲ 8.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | €5,407 | - | - |
| Purchases600/8 | - | - | - | €5,407 | - | - |
| Services and other goods61 | - | - | - | €955,728 | €959,215 | ▲ 0.4% |
| Remuneration, social security and pensions62 | €518,388 | €599,206 | €637,689 | €667,340 | €564,983 | ▼ 15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €653,302 | €713,603 | €701,300 | €1.4m | €2.4m | ▲ 74.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€626,793 | - |
| Other operating charges640/8 | €208,321 | €164,718 | €261,373 | €138,311 | €281,407 | ▲ 103% |
| Non-recurring operating charges66A | - | - | - | €731,065 | €631,468 | ▼ 13.6% |
| Gross operating margin9900 | €1.4m | €1.6m | €1.8m | - | - | - |
| Operating profit (loss)9901 | €61,618 | €115,667 | €218,112 | €73,531 | €690,709 | ▲ 839% |
| Financial income75/76B | €903,657 | €675,424 | €770,335 | €2.8m | €864,356 | ▼ 68.7% |
| Recurring financial income75 | €903,657 | €675,424 | €770,335 | €2.8m | €864,356 | ▼ 68.7% |
| Income from financial fixed assets750 | - | - | - | €1.9m | €126,502 | ▼ 93.4% |
| Income from current assets751 | - | - | - | €825,650 | €727,171 | ▼ 11.9% |
| Other financial income752/9 | - | - | - | €11,494 | €10,683 | ▼ 7.1% |
| Financial charges65/66B | €82,393 | €2.8m | €153,658 | €844,049 | €1.0m | ▲ 20.2% |
| Recurring financial charges65 | €82,393 | €147,346 | €153,658 | €844,049 | €1.0m | ▲ 20.2% |
| Debt charges650 | - | - | - | €819,695 | €989,740 | ▲ 20.7% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | - | - | -€12,000 | - | - |
| Other financial charges652/9 | - | - | - | €36,354 | €24,979 | ▼ 31.3% |
| Non-recurring financial charges66B | - | €2.6m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €882,882 | -€2.0m | €834,788 | €2.0m | €540,345 | ▼ 72.9% |
| Income taxes67/77 | €185,071 | -€55,379 | €214,433 | €413,909 | €19,728 | ▼ 95.2% |
| Taxes670/3 | - | - | - | €413,909 | €29,737 | ▼ 92.8% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €10,009 | - |
| Profit (loss) for the period9904 | €697,811 | -€1.9m | €620,355 | €1.6m | €520,617 | ▼ 67.0% |
| Profit (loss) for the period to be appropriated9905 | €697,811 | -€1.9m | €620,355 | €1.6m | €520,617 | ▼ 67.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71.2m | €74.5m | €89.2m | €98.3m | €99.0m | ▲ 0.7% |
| Fixed assets21/28 | €19.2m | €27.7m | €44.9m | €52.4m | €55.1m | ▲ 5.3% |
| Intangible fixed assets21 | - | - | €586,251 | €469,001 | €351,750 | ▼ 25.0% |
| Tangible fixed assets22/27 | €10.2m | €18.7m | €38.9m | €46.5m | €47.9m | ▲ 2.9% |
| Land and buildings22 | €9.4m | €9.2m | €12.5m | €27.8m | €46.5m | ▲ 66.9% |
| Plant, machinery and equipment23 | - | - | €112,989 | €87,988 | €155,190 | ▲ 76.4% |
| Furniture and vehicles24 | €75,045 | €42,175 | €82,219 | €72,179 | €62,139 | ▼ 13.9% |
| Other tangible fixed assets26 | €644,172 | €581,741 | €527,310 | €1.6m | €955,827 | ▼ 39.8% |
| Assets under construction and advance payments27 | €141,571 | €8.9m | €25.7m | €16.9m | €247,035 | ▼ 98.5% |
| Financial fixed assets28 | €9.0m | €9.0m | €5.4m | €5.4m | €6.9m | ▲ 28.0% |
| Affiliated companies280/1 | - | - | - | €5.4m | €6.9m | ▲ 27.8% |
| Participating interests280 | - | - | - | €5.4m | €6.9m | ▲ 27.8% |
| Other financial fixed assets284/8 | - | - | - | €4,821 | €15,931 | ▲ 230% |
| Shares284 | - | - | - | €2,479 | €2,479 | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | €2,342 | €13,452 | ▲ 474% |
| Current assets29/58 | €52.0m | €46.8m | €44.3m | €45.9m | €43.9m | ▼ 4.5% |
| Amounts receivable after more than one year29 | €25.2m | €24.8m | €21.4m | €26.1m | €26.0m | ▼ 0.3% |
| Other amounts receivable291 | €25.2m | €24.8m | €21.4m | €26.1m | €26.0m | ▼ 0.3% |
| Amounts receivable within one year40/41 | €5.7m | €4.4m | €5.2m | €3.6m | €3.0m | ▼ 15.7% |
| Trade receivables40 | €257,495 | €314,378 | €472,852 | €1.6m | €908,316 | ▼ 43.2% |
| Other amounts receivable41 | €5.4m | €4.1m | €4.7m | €2.0m | €2.1m | ▲ 6.3% |
| Current investments50/53 | €12.9m | €11.3m | €11.2m | €10.0m | €10.3m | ▲ 2.6% |
| Other investments51/53 | - | - | - | €10.0m | €10.3m | ▲ 2.6% |
| Cash at bank and in hand54/58 | €7.1m | €5.2m | €5.5m | €4.9m | €2.5m | ▼ 48.3% |
| Deferred charges and accrued income490/1 | €1.1m | €1.0m | €1.0m | €1.3m | €2.0m | ▲ 50.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71.2m | €74.5m | €89.2m | €98.3m | €99.0m | ▲ 0.7% |
| Equity10/15 | €65.2m | €63.0m | €63.3m | €64.4m | €68.6m | ▲ 6.5% |
| Contributions10/11 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Capital10 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Issued capital100 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Revaluation surpluses12 | - | - | - | - | €3.9m | - |
| Reserves13 | €62.1m | €59.9m | €60.2m | €60.2m | €60.4m | ▲ 0.3% |
| Non-distributable reserves130/1 | €711,751 | €711,751 | €711,751 | €711,751 | €711,751 | = |
| Legal reserve130 | €711,751 | €711,751 | €711,751 | €711,751 | €711,751 | = |
| Distributable reserves133 | €61.4m | €59.2m | €59.5m | €59.5m | €59.7m | ▲ 0.3% |
| Profit (loss) carried forward14 | - | - | - | €1.1m | €1.2m | ▲ 9.7% |
| Amounts payable17/49 | €6.0m | €11.4m | €25.8m | €33.9m | €30.4m | ▼ 10.4% |
| Amounts payable after more than one year17 | €4.4m | €5.1m | €20.3m | €26.9m | €25.2m | ▼ 6.4% |
| Financial debts170/4 | €2.0m | €3.2m | €18.2m | €26.3m | €24.6m | ▼ 6.5% |
| Credit institutions173 | - | - | - | €26.3m | €24.6m | ▼ 6.5% |
| Other amounts payable178/9 | €2.4m | €2.0m | €2.0m | €610,180 | €610,180 | = |
| Amounts payable within one year42/48 | €1.5m | €6.3m | €5.5m | €6.9m | €5.1m | ▼ 26.0% |
| Current portion of amounts payable after more than one year42 | €241,200 | €315,219 | €1.3m | €1.6m | €1.7m | ▲ 10.0% |
| Financial debts43 | - | - | - | €1.5m | €2.0m | ▲ 33.3% |
| Credit institutions430/8 | - | - | - | €1.5m | €2.0m | ▲ 33.3% |
| Trade debts44 | €49,451 | €4.8m | €2.3m | €1.5m | €829,676 | ▼ 44.9% |
| Suppliers440/4 | €49,451 | €4.8m | €2.3m | €1.5m | €829,676 | ▼ 44.9% |
| Taxes, remuneration and social security45 | €144,734 | €154,159 | €241,662 | €781,428 | €219,076 | ▼ 72.0% |
| Taxes450/3 | €48,730 | €52,795 | €133,333 | €703,191 | €128,977 | ▼ 81.7% |
| Remuneration and social security454/9 | €96,005 | €101,363 | €108,329 | €78,237 | €90,099 | ▲ 15.2% |
| Other amounts payable47/48 | €1.1m | €972,440 | €1.7m | €1.6m | €363,035 | ▼ 77.0% |
| Accrued charges and deferred income492/3 | €61,530 | €68,320 | €60,842 | €78,383 | €78,383 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €697,811 | -€1.9m | €620,355 | €1.6m | €520,617 | ▼ 67.0% |
| + Depreciation and write-downs630 | €653,302 | €713,603 | €701,300 | €1.4m | €2.4m | ▲ 74.2% |
| Operating cash flow (approximation) | €1.4m | -€1.2m | €1.3m | €3.0m | €2.9m | ▼ 0.9% |
| Investment in fixed assets (approximation) | - | -€9.2m | -€17.9m | -€8.9m | -€5.2m | ▲ 41.6% |
| Change in cash | - | -€1.9m | €244,156 | -€587,994 | -€2.4m | ▼ 303% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 5 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €620,355
Net result €620,355 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€1.9m
Net result drops to -€1.9m, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €1.8m ▲1,852%
Net result €1.8m, the highest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €92,632
Net result €92,632 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts
We know of 20 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
20 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, Sint-Jans-Molenbeek · 3 establishment units since 1993
Ground area
7,026 m²
Building footprint
784 m²
Volume, LiDAR
7,162 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
DACAR
since 19932.061.723.221
DACAR
since 20142.236.083.689
DACAR
since 20142.236.083.788
3 parcels
Flanders
1
(33.3%)
Wallonia
1
(33.3%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53066B0206/00F000 | Wallonia | 6,225 m² | - | - |
| 33009D0234/00Z000 | Flanders | 620 m² | 1 · 620 m² | 8.9 m · 3 fl. |
| 21012A0214/00N004 | Brussels | 181 m² | 1 · 163 m² | 22.2 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdings · 7 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
100%
-
54%
-
54%
All subsidiaries, including indirect ones 7
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- IMDACA 100%
SHAPES IMMO 54%4 subsidiaries
- ADVANCED TUBE TECHNOLOGY 100%
- GIROPAN 100%
- MEEGIR 100%
- SHAPES MACHINING 100%
- SHAPES METALWORKS 54%
According to the 2025 annual accounts of DACAR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
967600AMPI986RO22V78
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Identification & contact
Identification
Legal formPublic limited company
Founded14-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449223331
Also
9925:BE0449223331
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.