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DAEDALUS ENGINEERING

Active
Private limited company (pre-2019)founded 1997active for 29 yearsRue de la Cour de Justice(RIC) 1, 4600 Visé, BelgiumKBO/BCE: BE 0460.040.316
Summary

DAEDALUS ENGINEERING has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,064 and a net result of €4,363. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 56% of 4,314 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Photography, excluding press photography
NACE 74201
1 site
Size
€30,649total assets 2025
Equity
€17,064
Profit
€4,363
Turnover not published (micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
2025 accounts filed 31 days late4 deeds in the Belgian Official Gazette
Why 85raises riskLast filed accounts filed 31 days late; 1 of the last 3 lateLiquidity: current ratio 0.08, cash €355, halvedlowers riskFounded in 1997Figures for financial year 2025 (filed 08-09-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 53% of its sector peers (NACE 74, micro)
Financial strength · tick = 2024
Strong
Solvency 81+9
equity 55.7% of total assets
Liquidity 33-33
short-term debt 39.9% · cash 1.2%
Profitability 87-13
return on assets 14.2%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (5,421 companies, NACE 74, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.08, compared with 1.65 in 2024, below 1; short-term debt: 39.9% and cash: 1.2% of total assets), and 44.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 74, micro): better than 57% on solvency, 19% on liquidity, 63% on profitability and 74% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 0.08, cash €355, halved
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 08-09-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €17,064
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
1 day late
2022
28 days early
2021
31 days late
2020
28 days late
2019
73 days late
← 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 24 days after the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Liquidity more than doubledcurrent ratio 1.65

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506889.

Equity
€17,064▲ 34.4%
2024 · €12,701
Total assets
€30,649▲ 12.8%
2024 · €27,170
Net result
€4,363▼ 74.2%
2024 · €16,909
Working capital
-€11,216
2024 · €9,344
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 70% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,342 2025 Net result€4,363 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€2,571-€25,674-€5,510€4,377-€9,998€5,963€21,031▲ 253%€6,342▼ 69.8%
Net result-€2,607-€17,984-€5,966below the sector's middle half€3,682within the sector's middle half-€10,543below the sector's middle half€5,360within the sector's middle half€16,909within the sector's middle half▲ 215%€4,363within the sector's middle half▼ 74.2%
Equity-€6,725-€11,259€5,293below the sector's middle half▼ 53.0%€8,975below the sector's middle half▲ 69.6%-€1,569below the sector's middle half€3,791below the sector's middle half€12,701within the sector's middle half▲ 235%€17,064within the sector's middle half▲ 34.4%
Total assets€2,174-€23,296▲ 972%€32,685below the sector's middle half▲ 40.3%€26,271below the sector's middle half▼ 19.6%€10,479below the sector's middle half▼ 60.1%€9,130below the sector's middle half▼ 12.9%€27,170below the sector's middle half▲ 198%€30,649below the sector's middle half▲ 12.8%
Debt€8,899-€12,036▲ 35.3%€27,392▲ 128%€17,296▼ 36.9%€12,048▼ 30.3%€5,339▼ 55.7%€14,469▲ 171%€13,585▼ 6.1%
Working capital-€6,725-€8,729€1,255within the sector's middle half▼ 85.6%€2,794within the sector's middle half▲ 123%-€4,861below the sector's middle half-€1,559below the sector's middle half▲ 67.9%€9,344within the sector's middle half-€11,216below the sector's middle half
Solvency48.3%16.2%within the sector's middle half▼ 32.1pp34.2%within the sector's middle half▲ 18.0pp-15.0%below the sector's middle half▼ 49.1pp41.5%within the sector's middle half▲ 56.5pp46.7%within the sector's middle half▲ 5.2pp55.7%within the sector's middle half▲ 8.9pp
Current ratio1.731.10within the sector's middle half▼ 0.631.35within the sector's middle half▲ 0.250.31below the sector's middle half▼ 1.040.68below the sector's middle half▲ 0.361.65within the sector's middle half▲ 0.970.08below the sector's middle half▼ 1.56
Return on assets (ROA)77.2%-18.3%below the sector's middle half▼ 95.5pp14.0%within the sector's middle half▲ 32.3pp-100.6%below the sector's middle half▼ 114.6pp58.7%above the sector's middle half▲ 159.3pp62.2%above the sector's middle half▲ 3.5pp14.2%within the sector's middle half▼ 48.0pp
above within below the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30,649
Fixed assets €29,652 ▲ 783%
Current assets €997 ▼ 95.8%
Equity and liabilities €30,649
Equity €17,064 ▲ 34.4%
Debt €13,585 ▼ 6.1%
Debt's share of the balance-sheet total falls from 53.3% to 44.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,385▼
2024 · €23,780
Cash flow
€10,406▼
2024 · €19,658
Debt to equity
0.80▼
2024 · 1.14
ROE
25.6%▼
2024 · 133.1%
Interest coverage
39.66▼
2024 · 51.48
Debt ≤ 1 year
€12,214▼
2024 · €14,469
Debt > 1 year
€1,371
Income taxes
€1,667▼
2024 · €3,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,373 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 · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,170€30,649▲
Fixed assets21/28€3,357€29,652▲
Tangible fixed assets22/27€3,357€29,652▲
Furniture and vehicles24€3,357€29,652▲
Current assets29/58€23,813€997▼
Amounts receivable within one year40/41€14,250€497▼
Trade receivables40€11,439-
Other amounts receivable41€2,811€497▼
Cash at bank and in hand54/58€9,421€355▼
Deferred charges and accrued income490/1€142€145▲
Equity and liabilities
Total equity and liabilities10/49€27,170€30,649▲
Equity10/15€12,701€17,064▲
Contributions10/11€12,643€12,643=
Profit (loss) carried forward14€58€4,421▲
Amounts payable17/49€14,469€13,585▼
Amounts payable after more than one year17-€1,371
Financial debts170/4-€1,371
Amounts payable within one year42/48€14,469€12,214▼
Current portion of amounts payable after more than one year42€522€4,022▲
Trade debts44€210€3,945▲
Suppliers440/4€210€3,945▲
Taxes, remuneration and social security45€5,737€1,667▼
Taxes450/3€5,737€1,667▼
Other amounts payable47/48€8,000€2,580▼
Income statement Code20242025
Remuneration, social security and pensions62€3,489-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,749€6,043▲
Other operating charges640/8€1,812€1,157▼
Gross operating margin9900€29,081€13,542▼
Operating profit (loss)9901€21,031€6,342▼
Financial income75/76B€165-
Recurring financial income75€165-
Financial charges65/66B€462€312▼
Recurring financial charges65€462€312▼
Profit (loss) for the period before taxes9903€20,734€6,030▼
Income taxes67/77€3,825€1,667▼
Profit (loss) for the period9904€16,909€4,363▼
Profit (loss) for the period to be appropriated9905€16,909€4,363▼
Appropriation of the result
Profit (loss) to be appropriated9906€8,058€4,421▼
Profit (loss) brought forward from the previous period14P-€8,851€58▲
Profit to be distributed694/7€8,000-
Return on contributions (dividend)694€8,000-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62-----€2,326€3,489--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€265€999€5,234€7,354€7,280€7,088€2,749€6,043▲ 120%
Other operating charges640/8---€475€475€942€1,812€1,157▼ 36.2%
Gross operating margin9900-€1,958€28,297€199€12,206-€2,242€16,318€29,081€13,542▼ 53.4%
Operating profit (loss)9901-€2,571€25,674-€5,510€4,377-€9,998€5,963€21,031€6,342▼ 69.8%
Financial income75/76B---€67€5€13€165--
Recurring financial income75€3€0€0€67€5€13€165--
Financial charges65/66B---€763€551€615€462€312▼ 32.4%
Recurring financial charges65€39€70€615€763€551€615€462€312▼ 32.4%
Profit (loss) for the period before taxes9903-€2,607€25,604-€6,125€3,682-€10,543€5,360€20,734€6,030▼ 70.9%
Income taxes67/77-€7,620-€158---€3,825€1,667▼ 56.4%
Profit (loss) for the period9904-€2,607€17,984-€5,966€3,682-€10,543€5,360€16,909€4,363▼ 74.2%
Profit (loss) for the period to be appropriated9905-€2,607€17,984-€5,966€3,682-€10,543€5,360€16,909€4,363▼ 74.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2,174€23,296€32,685€26,271€10,479€9,130€27,170€30,649▲ 12.8%
Fixed assets21/28-€2,530€18,673€15,533€8,253€5,847€3,357€29,652▲ 783%
Tangible fixed assets22/27-€2,530€18,673€15,533€8,253€5,847€3,357€29,652▲ 783%
Furniture and vehicles24---€15,533€8,253€5,847€3,357€29,652▲ 783%
Current assets29/58€2,174€20,765€14,012€10,737€2,226€3,284€23,813€997▼ 95.8%
Amounts receivable within one year40/41€2,173€15,282€13,650€10,342€588€1,046€14,250€497▼ 96.5%
Trade receivables40---€8,263€144€571€11,439--
Other amounts receivable41---€2,079€444€475€2,811€497▼ 82.3%
Cash at bank and in hand54/58€1€5,484€362€396€1,638€2,238€9,421€355▼ 96.2%
Deferred charges and accrued income490/1------€142€145▲ 2.2%
Equity and liabilities
Total equity and liabilities10/49€2,174€23,296€32,685€26,271€10,479€9,130€27,170€30,649▲ 12.8%
Equity10/15-€6,725€11,259€5,293€8,975-€1,569€3,791€12,701€17,064▲ 34.4%
Contributions10/11€12,643€12,643-€12,643€12,643€12,643€12,643€12,643=
Profit (loss) carried forward14-€19,368-€1,383-€7,350-€3,668-€14,211-€8,851€58€4,421▲ 76×
Amounts payable17/49€8,899€12,036€27,392€17,296€12,048€5,339€14,469€13,585▼ 6.1%
Amounts payable after more than one year17--€14,634€9,353€4,961€496-€1,371-
Financial debts170/4---€9,353€4,961€496-€1,371-
Amounts payable within one year42/48€8,899€12,036€12,758€7,943€7,086€4,843€14,469€12,214▼ 15.6%
Current portion of amounts payable after more than one year42---€4,314€4,365€4,466€522€4,022▲ 670%
Trade debts44€138€12€7,128€335€1,485€15€210€3,945▲ 19×
Suppliers440/4---€335€1,485€15€210€3,945▲ 19×
Taxes, remuneration and social security45---€2,975-€362€5,737€1,667▼ 70.9%
Taxes450/3---€2,975-€362€5,737€1,667▼ 70.9%
Other amounts payable47/48---€319€1,236-€8,000€2,580▼ 67.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€2,607€17,984-€5,966€3,682-€10,543€5,360€16,909€4,363▼ 74.2%
+ Depreciation and write-downs630€265€999€5,234€7,354€7,280€7,088€2,749€6,043▲ 120%
Operating cash flow (approximation)-€2,342€18,984-€733€11,036-€3,263€12,448€19,658€10,406▼ 47.1%
Investment in fixed assets (approximation)---€21,376-€4,215€0-€4,682-€259-€32,338▼ 12,405%
Change in cash-€5,482-€5,121€33€1,242€600€7,183-€9,066-

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

Download as CSV

Latest 10 of 26 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00506889
31-12-2024 micro format 29-08-2025 2025-00462706
31-12-2023 micro format 01-08-2024 2024-00328456
31-12-2022 micro format 03-07-2023 2023-00198080
31-12-2021 micro format 31-08-2022 2022-20411499
31-12-2020 micro format 28-08-2021 2021-57100226
31-12-2019 micro format 12-10-2020 2020-61400486
31-12-2018 micro format 17-09-2019 2019-64700098
31-12-2017 micro format 28-09-2018 2018-68000059
31-12-2016 micro format 27-08-2017 2017-49600553

Show all 26 filings

Similar companies · same sector, comparable size

Of the 14,090 active companies whose main activity is photography, excluding press photography (NACE 74201), figures are known for 2,657. 1,507 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 14 February 1997, DAEDALUS ENGINEERING was incorporated.1 Total assets went from €2,174 in 2018 to €30,649 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 31 days late
2025
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
2024
31-12
Financial Liquidity more than doubledcurrent ratio 1.65
Current ratio from 0.68 to 1.65.
01-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 1 day late
2023
31-12
Financial Back to profitnet €5,360
Net result €5,360 after one loss-making year.
03-07
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Weakest financial yearnet -€10,543
Net result drops to -€10,543, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
31-12
Financial Back to profitnet €3,682
Net result €3,682 after one loss-making year.
28-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 28 days late
2020
12-10
NBB filing Annual accounts filed
financial year 2019 · micro format · 73 days late
2019
31-12
Financial Back to profitnet €17,984
Net result €17,984 after one loss-making year.
Show earlier events
31-12
Financial Liquidity more than 7 timescurrent ratio 1.73
Current ratio from 0.24 to 1.73.
17-09
NBB filing Annual accounts filed
financial year 2018 · micro format · 48 days late
2018
28-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 59 days late
2017
27-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 26 annual accounts filed, the latest 10 are here; all 26 are under Financials.
0 of 4 deeds read
About the unread acts

We know of 4 Belgian Official 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.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded14-02-1997
Financial year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
49320Non-scheduled passenger transport by road
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0460040316
Registered 12-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Visé · 1 establishment unit since 2013
registered office establishment The establishment unit on the map
Ground area
133 m²
Building footprint
53 m²
Building volume
436 m³
Parcel 62085A0558/00D000, Wallonia · tallest building 9.5 m. Linked by address, not a title deed.
1 establishment unit
DAEDALUS ENGINEERING -CLOUD PIX
Rue de la Cour de Justice(RIC) 1, 4600 ViséPhotography, excluding press photography
since 2013unit no. 2.217.369.322
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
62085A0558/00D000 Wallonia 133 m² 1 · 53 m² 9.5 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.