DAENEN CONSTRUCT
ActiveSummary
DAENEN CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €4k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 1909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 7.24 against 6.4 in 2024; short-term debt: 12.2% and cash: 29.8% of total assets), and 12.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% 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
87.8%
Return on assets
4.3%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
25 d late
2023
15 d early
2022
30 d late
2021
18 d early
2020
23 d late
2019
55 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, micro schema
Equity
€87k▲ 0.3%
2024 · €86k
2018: €54klowest in 8 years
2019: €62k▲ +15.4% vs 2018
2020: €73k▲ +18.5% vs 2019
2021: €74k▲ +0.6% vs 2020
2022: €83k▲ +13.2% vs 2021
2023: €85k▲ +2.0% vs 2022
2024: €86k▲ +1.6% vs 2023
2025: €87k▲ +0.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€99k▼ 5.0%
2024 · €104k
2018: €105k
2019: €98k▼ -6.0% vs 2018lowest in 8 years
2020: €109k▲ +11.3% vs 2019
2021: €129k▲ +17.8% vs 2020highest in 8 years
2022: €123k▼ -4.5% vs 2021
2023: €109k▼ -11.1% vs 2022
2024: €104k▼ -5.0% vs 2023
2025: €99k▼ -5.0% vs 2024
2018 → 2025
Net result
€4k▼ 13.8%
2024 · €5k
2018: €7k
2019: €8k▲ +11.9% vs 2018
2020: €11k▲ +38.4% vs 2019highest in 8 years
2021: €466▼ -95.9% vs 2020lowest in 8 years
2022: €10k▲ +1983% vs 2021
2023: €11k▲ +13.3% vs 2022
2024: €5k▼ -55.6% vs 2023
2025: €4k▼ -13.8% vs 2024
2018 → 2025
Working capital
€75k▲ 7.9%
2024 · €69k
2018: €46klowest in 8 years
2019: €47k▲ +3.4% vs 2018
2020: €53k▲ +11.7% vs 2019
2021: €51k▼ -2.7% vs 2020
2022: €69k▲ +34.9% vs 2021
2023: €79k▲ +13.9% vs 2022highest in 8 years
2024: €69k▼ -12.0% vs 2023
2025: €75k▲ +7.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€83k▲ 13.2%€85k▲ 2.0%€86k▲ 1.6%€87k▲ 0.3%
2021: €74klowest in 5 years
2022: €83k▲ +13.2% vs 2021
2023: €85k▲ +2.0% vs 2022
2024: €86k▲ +1.6% vs 2023
2025: €87k▲ +0.3% vs 2024highest in 5 years
Operating result€1k-€12k▲ 842%€14k▲ 15.0%€6k▼ 58.4%€6k▼ 2.1%
2021: €1klowest in 5 years
2022: €12k▲ +842% vs 2021
2023: €14k▲ +15.0% vs 2022highest in 5 years
2024: €6k▼ -58.4% vs 2023
2025: €6k▼ -2.1% vs 2024
Net result€466-€10k▲ 1,983%€11k▲ 13.3%€5k▼ 55.6%€4k▼ 13.8%
2021: €466lowest in 5 years
2022: €10k▲ +1983% vs 2021
2023: €11k▲ +13.3% vs 2022highest in 5 years
2024: €5k▼ -55.6% vs 2023
2025: €4k▼ -13.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€12k ▼ 45.4%
Current assets
€87k ▲ 5.7%
Equity and liabilities €99k
Equity
€87k ▲ 0.3%
Debt
€12k ▼ 31.0%
Debt's share of the balance-sheet total falls from 16.7% to 12.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €14k
Cash flow
€14k▲
2024 · €13k
Current ratio
7.24▲
2024 · 6.40
Quick ratio
6.79▲
2024 · 5.92
Debt to equity
0.14▼
2024 · 0.20
ROE
4.9%▼
2024 · 5.7%
ROA
4.3%▼
2024 · 4.7%
Interest coverage
52.81▲
2024 · 34.15
Debt ≤ 1 year
€12k▼
2024 · €13k
Income taxes
€1k▼
2024 · €1k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€104k€99k▼
Fixed assets21/28€22k€12k▼
Tangible fixed assets22/27€22k€12k▼
Plant, machinery and equipment23€2k€920▼
Furniture and vehicles24€19k€10k▼
Other tangible fixed assets26€723€482▼
Current assets29/58€82k€87k▲
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41€51k€50k▼
Trade receivables40€47k€49k▲
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€25k€29k▲
Deferred charges and accrued income490/1€193€2k▲
Equity and liabilities
Total equity and liabilities10/49€104k€99k▼
Equity10/15€86k€87k▲
Contributions10/11€19k€19k=
Reserves13€68k€68k▲
Distributable reserves133€68k€68k▲
Amounts payable17/49€17k€12k▼
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€13k€12k▼
Current portion of amounts payable after more than one year42€7k€5k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€220-
Taxes450/3€220-
Other amounts payable47/48€4k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€859-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€512€462▼
Gross operating margin9900€16k€16k▲
Operating profit (loss)9901€6k€6k▼
Financial income75/76B€924€20▼
Recurring financial income75€924€20▼
Financial charges65/66B€419€295▼
Recurring financial charges65€419€295▼
Profit (loss) for the period before taxes9903€6k€5k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Transfer to equity691/2€1k€219▼
To other reserves6921€1k€219▼
Profit to be distributed694/7€4k€4k▲
Return on contributions (dividend)694€4k€4k▲
The notes to these accounts (5 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €30k | €19k | €160 | €859 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €19k | €13k | €8k | €10k | ▲ 16.6% |
| Other operating charges640/8 | €410 | €534 | €572 | €512 | €462 | ▼ 9.9% |
| Gross operating margin9900 | €47k | €51k | €28k | €16k | €16k | ▲ 2.4% |
| Operating profit (loss)9901 | €1k | €12k | €14k | €6k | €6k | ▼ 2.1% |
| Financial income75/76B | €245 | €9 | €437 | €924 | €20 | ▼ 97.8% |
| Recurring financial income75 | €245 | €9 | €437 | €924 | €20 | ▼ 97.8% |
| Financial charges65/66B | €1k | €886 | €596 | €419 | €295 | ▼ 29.6% |
| Recurring financial charges65 | €1k | €886 | €596 | €419 | €295 | ▼ 29.6% |
| Profit (loss) for the period before taxes9903 | €468 | €11k | €14k | €6k | €5k | ▼ 14.1% |
| Income taxes67/77 | €1 | €2k | €3k | €1k | €1k | ▼ 15.4% |
| Profit (loss) for the period9904 | €466 | €10k | €11k | €5k | €4k | ▼ 13.8% |
| Profit (loss) for the period to be appropriated9905 | €466 | €10k | €11k | €5k | €4k | ▼ 13.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €129k | €123k | €109k | €104k | €99k | ▼ 5.0% |
| Fixed assets21/28 | €52k | €32k | €21k | €22k | €12k | ▼ 45.4% |
| Tangible fixed assets22/27 | €52k | €32k | €21k | €22k | €12k | ▼ 45.4% |
| Plant, machinery and equipment23 | €16k | €6k | €2k | €2k | €920 | ▼ 57.5% |
| Furniture and vehicles24 | €34k | €25k | €17k | €19k | €10k | ▼ 44.4% |
| Other tangible fixed assets26 | €1k | €1k | €964 | €723 | €482 | ▼ 33.3% |
| Current assets29/58 | €77k | €91k | €89k | €82k | €87k | ▲ 5.7% |
| Stocks and contracts in progress3 | €5k | €6k | €7k | €6k | €5k | ▼ 11.6% |
| Stocks30/36 | €5k | €6k | €7k | €6k | €5k | ▼ 11.6% |
| Amounts receivable within one year40/41 | €45k | €42k | €41k | €51k | €50k | ▼ 1.0% |
| Trade receivables40 | €37k | €36k | €38k | €47k | €49k | ▲ 5.5% |
| Other amounts receivable41 | €8k | €6k | €2k | €4k | €1k | ▼ 74.6% |
| Cash at bank and in hand54/58 | €26k | €41k | €38k | €25k | €29k | ▲ 17.6% |
| Deferred charges and accrued income490/1 | €2k | €2k | €3k | €193 | €2k | ▲ 762% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €129k | €123k | €109k | €104k | €99k | ▼ 5.0% |
| Equity10/15 | €74k | €83k | €85k | €86k | €87k | ▲ 0.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €55k | €65k | €67k | €68k | €68k | ▲ 0.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €53k | €63k | €65k | €68k | €68k | ▲ 0.3% |
| Amounts payable17/49 | €55k | €40k | €24k | €17k | €12k | ▼ 31.0% |
| Amounts payable after more than one year17 | €29k | €18k | €11k | €5k | - | - |
| Financial debts170/4 | €29k | €18k | €11k | €5k | - | - |
| Amounts payable within one year42/48 | €26k | €22k | €10k | €13k | €12k | ▼ 6.6% |
| Current portion of amounts payable after more than one year42 | €12k | €11k | €7k | €7k | €5k | ▼ 32.6% |
| Trade debts44 | €9k | €8k | €1k | €2k | €4k | ▲ 102% |
| Suppliers440/4 | €9k | €8k | €1k | €2k | €4k | ▲ 102% |
| Taxes, remuneration and social security45 | €3k | €2k | €2k | €220 | - | - |
| Taxes450/3 | €34 | €692 | €2k | €220 | - | - |
| Remuneration and social security454/9 | €3k | €2k | - | - | - | - |
| Other amounts payable47/48 | €1k | €350 | €361 | €4k | €3k | ▼ 12.5% |
| Accrued charges and deferred income492/3 | - | - | €3k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €466 | €10k | €11k | €5k | €4k | ▼ 13.8% |
| + Depreciation and write-downs630 | €16k | €19k | €13k | €8k | €10k | ▲ 16.6% |
| Operating cash flow (approximation) | €16k | €29k | €24k | €13k | €14k | ▲ 5.4% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-10k | €0 | ▲ 100% |
| Change in cash | - | €16k | €-3k | €-13k | €4k | ▲ 134% |
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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 8.90
Current ratio from 4.19 to 8.90; short-term debt falls from €22k to €10k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €466 ▼95.9%
Net result drops to €466, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €11k ▲38.4%
Operating result €15k, net result €11k, both a record.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Gingelom · 1 establishment unit since 2015
Ground area
961 m²
Building footprint
378 m²
Volume, LiDAR
2,619 m³
Parcel 71008B0211/00S000, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DAENEN EN ZOON CONSTRUCTIES
since 20152.240.615.866
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71008B0211/00S000 | Flanders | 961 m² | 1 · 378 m² | 12.7 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.
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25120Manufacture of fabricated metal products, except machinery and equipment
25401Forging of metal
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.