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Dacobel

Active
Public limited companyfounded 195768 yrs activeSint-Denijsstraat 157, 1190 Vorst, BelgiumKBO/BCE: BE 0402.603.151
Summary

Dacobel has been active since 1957 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €513,629 and a net result of -€159,142. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 5998 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability6▲+2
Solvency58▼-5
Growth55=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 3.99 against 4.28 in 2023; short-term debt: 21.5% and cash: 61.1% of total assets), but 66.9% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 68 years 0 70 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
33.1%
Return on assets
-10.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€159,142
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
3 d early
2022
23 d early
2021
31 d early
2020
24 d early
2019
7 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 2 October 1957, Dacobel was incorporated.1 Total assets went from EUR 3.1 million in 2018 to EUR 1.6 million in 2024 and headcount from 24.1 to 26.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€1.7m▲ 20.2%
2019 · €1.4m
EBIT margin
-0.4%▲ 2.7pp
2019 · -3.1%
Net result
-€159,142▲ 26.1%
2023 · -€215,311
Working capital
€998,018▼ 16.4%
2023 · €1.2m
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
Line20202021202220232024
Turnover€1.7m▲ 20.2%
Operating result-€7,541▲ 83.1%€58,014€52,228▼ 10.0%-€210,446-€154,391▲ 26.6%
Net result€77,069▼ 64.2%€30,101▼ 60.9%€25,883▼ 14.0%-€215,311-€159,142▲ 26.1%
EBIT margin-0.4%▲ 2.7pp
Equity€842,543▲ 9.6%€869,162▲ 3.2%€891,563▲ 2.6%€672,770▼ 24.5%€513,629▼ 23.7%
Total assets€1.9m▲ 4.3%€1.9m▼ 0.6%€1.9m▲ 0.3%€1.8m▼ 8.5%€1.6m▼ 12.4%
Debt€1.1m▲ 0.6%€1.1m▼ 3.5%€1.0m▼ 1.5%€1.1m▲ 5.3%€1.0m▼ 5.5%
Working capital€656,330▲ 5.3%€1.4m▲ 117%€1.5m▲ 2.4%€1.2m▼ 18.1%€998,018▼ 16.4%
Staff (FTE)29.2▲ 7.4%29.8▲ 2.1%30.5▲ 2.3%36.1▲ 18.4%26.7▼ 26.0%
Why a figure moved sharply
  • 2020 Net result -64% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2020: -€7,541-€7,541Net result 2020: €77,069€77,069Operating result 2021: €58,014€58,014Net result 2021: €30,101€30,101Operating result 2022: €52,228€52,228Net result 2022: €25,883€25,883Operating result 2023: -€210,446-€210,446Net result 2023: -€215,311-€215,311Operating result 2024: -€154,391-€154,391Net result 2024: -€159,142-€159,14220202021202220232024-€300,000-€200,000-€100,000€0€100,000Operating result 2022: €52,228€52,200Net result 2022: €25,883€25,900Operating result 2023: -€210,446-€210,000Net result 2023: -€215,311-€215,000Operating result 2024: -€154,391-€154,000Net result 2024: -€159,142-€159,000202220232024
The operating result stays negative: a loss of €154,391 in 2024 against €210,446 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets €218,643 ▲ 3.3%
Current assets €1.3m ▼ 14.5%
Equity and liabilities €1.6m
Equity €513,629 ▼ 23.7%
Debt €1.0m ▼ 5.5%
Debt's share of the balance-sheet total rises from 62.0% to 66.9%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€100,226▲
2023 · -€173,070
Cash flow
-€104,977▲
2023 · -€177,935
Current ratio
3.99▼
2023 · 4.28
Debt to equity
2.02▲
2023 · 1.63
ROE
-31.0%▲
2023 · -32.0%
ROA
-10.3%▲
2023 · -12.2%
Interest coverage
-10.87▲
2023 · -18.76
Debt ≤ 1 year
€333,570▼
2023 · €363,827
Debt > 1 year
€699,963▼
2023 · €712,000
Income taxes
€4,429
Staff costs
€1.4m▼
2023 · €1.8m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 926 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.1% went bankrupt
8.7% stopped otherwise
90% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 926 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.8m€1.6m▼
Fixed assets21/28€211,707€218,643▲
Tangible fixed assets22/27€99,685€128,322▲
Furniture and vehicles24€82,275€115,265▲
Other tangible fixed assets26€17,410€13,057▼
Financial fixed assets28€112,022€90,321▼
Current assets29/58€1.6m€1.3m▼
Amounts receivable within one year40/41€195,966€270,135▲
Trade receivables40€172,845€236,288▲
Other amounts receivable41€23,121€33,847▲
Current investments50/53€61,081€69,324▲
Cash at bank and in hand54/58€1.3m€947,125▼
Deferred charges and accrued income490/1€21,358€45,004▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.6m▼
Equity10/15€672,770€513,629▼
Contributions10/11€650,000€650,000=
Capital10€650,000€650,000=
Issued capital100€650,000€650,000=
Reserves13€237,086€237,086=
Non-distributable reserves130/1€81,857€81,857=
Legal reserve130-€65,000
Reserves not available under the articles1311€65,000€16,857▼
Other1319€16,857-
Tax-exempt reserves132€20,229€20,230=
Distributable reserves133€135,000€135,000=
Profit (loss) carried forward14-€214,316-€373,457▼
Amounts payable17/49€1.1m€1.0m▼
Amounts payable after more than one year17€712,000€699,963▼
Financial debts170/4-€699,963
Other amounts payable178/9€712,000-
Amounts payable within one year42/48€363,827€333,570▼
Trade debts44€44,018€171,253▲
Suppliers440/4€44,018€171,253▲
Taxes, remuneration and social security45€310,708€155,298▼
Taxes450/3€67,415€27,020▼
Remuneration and social security454/9€243,293€128,277▼
Other amounts payable47/48€9,101€7,019▼
Accrued charges and deferred income492/3€20,793€3,069▼
Income statement Code20232024
Remuneration, social security and pensions62€1.8m€1.4m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,376€54,165▲
Other operating charges640/8€23,022€25,035▲
Gross operating margin9900€1.7m€1.3m▼
Operating profit (loss)9901-€210,446-€154,391▲
Financial income75/76B€4,359€8,896▲
Recurring financial income75€4,359€8,896▲
Non-recurring financial income76B€4,359-
Financial charges65/66B€9,224€9,218▼
Recurring financial charges65€9,224€9,218▼
Non-recurring financial charges66B€9,224-
Profit (loss) for the period before taxes9903-€215,311-€154,713▲
Income taxes67/77-€4,429
Profit (loss) for the period9904-€215,311-€159,142▲
Profit (loss) for the period to be appropriated9905-€215,311-€159,142▲
Appropriation of the result
Profit (loss) to be appropriated9906-€214,316-€373,457▼
Profit (loss) brought forward from the previous period14P€995-€214,316▼
Social balance
Average headcount (FTE)908736.126.7▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€1.7m-----
Remuneration, social security and pensions62-€1.4m€1.5m€1.8m€1.4m▼ 23.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,433€49,838€38,145€37,376€54,165▲ 44.9%
Other operating charges640/8-€14,501€11,411€23,022€25,035▲ 8.7%
Gross operating margin9900€1.4m€1.5m€1.6m€1.7m€1.3m▼ 21.6%
Operating profit (loss)9901-€7,541€58,014€52,228-€210,446-€154,391▲ 26.6%
Financial income75/76B-€3,847€7,406€4,359€8,896▲ 104%
Recurring financial income75-€3,847€7,406€4,359€8,896▲ 104%
Non-recurring financial income76B-€3,847€7,406€4,359--
Financial charges65/66B-€7,765€10,641€9,224€9,218▼ 0.1%
Recurring financial charges65€1,026€7,765€10,641€9,224€9,218▼ 0.1%
Non-recurring financial charges66B--€10,641€9,224--
Profit (loss) for the period before taxes9903€111,007€54,096€48,993-€215,311-€154,713▲ 28.1%
Income taxes67/77€33,938€23,995€23,110-€4,429-
Profit (loss) for the period9904€77,069€30,101€25,883-€215,311-€159,142▲ 26.1%
Profit (loss) for the period to be appropriated9905€77,069€30,101€25,883-€215,311-€159,142▲ 26.1%
Line20202021202220232024Change
Assets
Total assets20/58€1.9m€1.9m€1.9m€1.8m€1.6m▼ 12.4%
Fixed assets21/28€240,889€194,828€187,655€211,707€218,643▲ 3.3%
Tangible fixed assets22/27€151,868€102,030€90,778€99,685€128,322▲ 28.7%
Furniture and vehicles24-€75,916€69,016€82,275€115,265▲ 40.1%
Other tangible fixed assets26-€26,114€21,762€17,410€13,057▼ 25.0%
Financial fixed assets28€89,021€92,798€96,877€112,022€90,321▼ 19.4%
Current assets29/58€1.7m€1.7m€1.7m€1.6m€1.3m▼ 14.5%
Amounts receivable within one year40/41€266,402€139,065€349,177€195,966€270,135▲ 37.8%
Trade receivables40-€138,942€332,064€172,845€236,288▲ 36.7%
Other amounts receivable41-€123€17,113€23,121€33,847▲ 46.4%
Current investments50/53€8,033€208,026€60,901€61,081€69,324▲ 13.5%
Cash at bank and in hand54/58€1.3m€1.4m€1.3m€1.3m€947,125▼ 26.0%
Deferred charges and accrued income490/1-€20,819€27,508€21,358€45,004▲ 111%
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.9m€1.9m€1.8m€1.6m▼ 12.4%
Equity10/15€842,543€869,162€891,563€672,770€513,629▼ 23.7%
Contributions10/11€650,000€650,000€650,000€650,000€650,000=
Capital10-€650,000€650,000€650,000€650,000=
Issued capital100-€650,000€650,000€650,000€650,000=
Reserves13€182,086€212,086€237,086€237,086€237,086=
Non-distributable reserves130/1-€81,857€81,857€81,857€81,857=
Legal reserve130-€65,000--€65,000-
Reserves not available under the articles1311--€65,000€65,000€16,857▼ 74.1%
Other1319-€16,857€16,857€16,857--
Tax-exempt reserves132-€20,229€20,229€20,229€20,230=
Distributable reserves133-€110,000€135,000€135,000€135,000=
Profit (loss) carried forward14€11€112€995-€214,316-€373,457▼ 74.3%
Investment grants15-€6,964€3,482---
Amounts payable17/49€1.1m€1.1m€1.0m€1.1m€1.0m▼ 5.5%
Amounts payable after more than one year17-€730,000€730,000€712,000€699,963▼ 1.7%
Financial debts170/4----€699,963-
Other amounts payable178/9-€730,000€730,000€712,000--
Amounts payable within one year42/48€1.0m€309,025€288,536€363,827€333,570▼ 8.3%
Trade debts44€47,477€65,393€36,965€44,018€171,253▲ 289%
Suppliers440/4-€65,393€36,965€44,018€171,253▲ 289%
Taxes, remuneration and social security45-€215,129€249,628€310,708€155,298▼ 50.0%
Taxes450/3-€51,578€70,609€67,415€27,020▼ 59.9%
Remuneration and social security454/9-€163,551€179,019€243,293€128,277▼ 47.3%
Other amounts payable47/48-€28,503€1,943€9,101€7,019▼ 22.9%
Accrued charges and deferred income492/3-€18,571€23,225€20,793€3,069▼ 85.2%
Line20202021202220232024Change
Profit (loss) for the period9904€77,069€30,101€25,883-€215,311-€159,142▲ 26.1%
+ Depreciation and write-downs630€42,433€49,838€38,145€37,376€54,165▲ 44.9%
Operating cash flow (approximation)€119,502€79,939€64,028-€177,935-€104,977▲ 41.0%
Investment in fixed assets (approximation)--€3,777-€30,972-€61,428-€61,101▲ 0.5%
Change in cash-€78,801-€55,937-€28,805-€332,153▼ 1,053%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
28-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Weakest financial yearnet -€215,311
Net result drops to -€215,311, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity triplescurrent ratio 5.60
Current ratio from 1.63 to 5.60; short-term debt falls from €1.0m to €309,025.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
07-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 7 days late
2019
31-12
Financial Highest result since 2018net €215,229 ▲301%
Net result €215,229, the highest in the series.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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, Vorst · 2 establishment units since 1957
seat establishment All 2 establishment units on the map
Ground area
3.0 ha
Building footprint
1.7 ha
Volume, LiDAR
389,306 m³
2 parcels, Brussels · tallest building 63.3 m, ±7 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
2 establishment units
Sint-Denijsstraat 157, 1190 Vorst
NACE 51422
since 19572.005.651.974
DACOBEL
Nieuwstraat 123, 1000 BrusselNACE 51422
since 20062.221.999.784
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21802B1669/00A000 Brussels 1.6 ha 1 · 1.6 ha 63.3 m · 7 fl.
21382C0272/00T000 Brussels 1.4 ha 1 · 775 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 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

1 owner · 1 holding

Owners 1

Holdings 1

According to the 2024 annual accounts of Dacobel 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.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 11,056 EUR awarded · 11,056 EUR paid
Year Entries awardedpaid
2023 1 2,300 EUR2,300 EUR
2022 1 8,756 EUR8,756 EUR
Schemes
2 entries · 11,056 EUR · 11,056 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Legal Entity Identifier

894500AORTOCFKJ72N09
live in the LEI register

Similar companies · same sector, comparable size

Of 200 companies in sector 46425 we hold annual accounts for 135. 98 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
Founded02-10-1957
Fiscal year end31-12
Activities, NACEBEL 2025
46425Wholesale trade
70200Business and other management consultancy
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID 0208:0402603151
Also 9925:BE0402603151
Registered 26-08-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.