DAELS
ActiveDAELS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €737k and a net result of €185k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 82% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+26
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 4.25 against 4.57 in 2024), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
77.6%
Return on assets
19.5%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
4 d early
2022
8 d late
2021
2 d early
2020
10 d late
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€737k▲ 33.6%
2024 · €552k
2019: €336k
2020: €288k
2021: €434k
2022: €481k
2023: €517k
2024: €552k
2019 → 2025
Total assets
€950k▲ 35.9%
2024 · €699k
2019: €377k
2020: €465k
2021: €553k
2022: €529k
2023: €575k
2024: €699k
2019 → 2025
Net result
€185k▲ 128%
2024 · €81k
2019: €12k
2020: €57k
2021: €146k
2022: €47k
2023: €78k
2024: €81k
2019 → 2025
Working capital
€661k▲ 30.9%
2024 · €505k
2019: €273k
2020: €234k
2021: €371k
2022: €428k
2023: €480k
2024: €505k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€434k-€481k▲ 10.8%€517k▲ 7.6%€552k▲ 6.7%€737k▲ 33.6%
Operating result€217k-€65k▼ 70.2%€98k▲ 51.5%€113k▲ 14.8%€273k▲ 142%
Net result€146k-€47k▼ 67.9%€78k▲ 66.5%€81k▲ 4.4%€185k▲ 128%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 142% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €950k
Fixed assets
€85k▲ 63.4%
Current assets
€864k▲ 33.7%
Equity and liabilities €950k
Equity
€737k▲ 33.6%
Provisions
€3k▲ 54.7%
Debt
€209k▲ 44.5%
The debt ratio rises from 20.7% to 22.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€304k▲
2024 · €131k
Cash flow
€217k▲
2024 · €100k
Solvency
77.6%▼
2024 · 79.0%
Current ratio
4.25▼
2024 · 4.57
Quick ratio
4.24▼
2024 · 4.52
Debt / equity
0.28▲
2024 · 0.26
ROE
25.2%▲
2024 · 14.7%
ROA
19.5%▲
2024 · 11.6%
Interest coverage
49.20▲
2024 · 35.53
Debt
€209k▲
2024 · €145k
Debt ≤ 1 year
€203k▲
2024 · €142k
Income taxes
€83k▲
2024 · €28k
Staff costs
€68k▲
2024 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€699k€950k▲
Fixed assets21/28€52k€85k▲
Tangible fixed assets22/27€52k€85k▲
Plant, machinery and equipment23€2k€551▼
Furniture and vehicles24€51k€85k▲
Current assets29/58€647k€864k▲
Stocks and contracts in progress3€7k€2k▼
Stocks30/36€7k€2k▼
Amounts receivable within one year40/41€135k€164k▲
Trade receivables40€134k€161k▲
Other amounts receivable41€683€4k▲
Cash at bank and in hand54/58€496k€691k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€699k€950k▲
Equity10/15€552k€737k▲
Contributions10/11€19k€19k=
Reserves13€533k€719k▲
Tax-exempt reserves132€8k€12k▲
Distributable reserves133€525k€706k▲
Provisions and deferred taxes16€2k€3k▲
Deferred taxes168€2k€3k▲
Amounts payable17/49€145k€209k▲
Amounts payable within one year42/48€142k€203k▲
Trade debts44€42k€45k▲
Suppliers440/4€42k€45k▲
Taxes, remuneration and social security45€8k€51k▲
Taxes450/3€7k€46k▲
Remuneration and social security454/9€1k€5k▲
Other amounts payable47/48€91k€107k▲
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€10k€8k▼
Remuneration, social security and pensions62€63k€68k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€31k▲
Other operating charges640/8€902€997▲
Gross operating margin9900€195k€373k▲
Operating profit (loss)9901€113k€273k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€112k€270k▲
Transfer from deferred taxes780-€556
Transfer to deferred taxes680€2k€2k▼
Income taxes67/77€28k€83k▲
Profit (loss) for the period9904€81k€185k▲
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689€8k€7k▼
Profit (loss) for the period to be appropriated9905€73k€181k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€181k▲
Transfer from equity791/2€47k-
Transfer to equity691/2€73k€181k▲
To other reserves6921€73k€181k▲
Profit to be distributed694/7€47k-
Return on contributions (dividend)694€47k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €185k ▲128%
Operating result €273k, net result €185k, both a record.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €500kEq €517k ▲7.6%
5 profitable years in a row build equity to €517k.
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
31-03
Financial
Liquidity doublescurrent ratio 9.98
Current ratio from 4.17 to 9.98; short-term debt falls from €117k to €48k.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
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.
Directors · office · real estate
Directors
3 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, Zulte · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Waalstraat 284A9870 ZulteGround area
3,827 m²
Building footprint
1,063 m²
Volume, LiDAR
4,999 m³
2 parcels, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DAELS
since 20082.170.387.965
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44081C0504/00F000 | Flanders | 2,036 m² | 1 · 42 m² | 3.3 m · 1 fl. |
| 44081C0504/00G000 | Flanders | 1,791 m² | 1 · 1,021 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 193 EUR awarded · 193 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 44 EUR | 44 EUR |
| 2022 | 1 | 149 EUR | 149 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400OJ47WCDUQLPC09
Similar companies · same sector, comparable size
Herregodts Gebroeders
BE 0400.222.889
Geraardsbergen · Eq €737k
CUISINES RICHE
BE 0419.090.082
Couvin · Eq €737k
VANDER LINDEN STEVEN
BE 0479.561.268
Nazareth-De Pinte · Eq €737k
TRADI - CONSTRUCT
BE 0443.470.934
Thimister-Clermont · Eq €736k
ALUMETA
BE 0662.535.041
Pelt · Eq €735k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 5,090 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2008
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
43350Other building finishing work
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.