DAENEN FRERES
ActiveDAENEN FRERES has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €-28k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 35% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability43▼-22
Solvency43▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.29 in 2023; short-term debt: 23.2% and cash: 8.3% of total assets), and 82.4% of the assets are financed with debt.
Credit advice for your own amount and term
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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
17.6%
Return on assets
-5.1%
Age of the figures
21 mo
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 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-28k
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
22 d late
2022
4 d early
2021
123 d late
2020
31 d late
2019
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-28k▼ 53.9%
2023 · €-18k
2018: €21k
2019: €32k
2020: €18k
2021: €-14k
2022: €-10k
2023: €-18k
2018 → 2024
Working capital
€44k▲ 10.2%
2023 · €40k
2018: €-8k
2019: €33k
2020: €35k
2021: €-730
2022: €4k
2023: €40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€123k-€157k▲ 27.2%€145k▼ 7.6%€126k▼ 13.4%€97k▼ 22.9%
Operating result€17k-€-17k€-10k▲ 44.2%€-27k▼ 176%€-9k▲ 65.0%
Net result€18k-€-14k€-10k▲ 24.9%€-18k▼ 77.1%€-28k▼ 53.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €27k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €549k
Fixed assets
€379k▼ 19.8%
Current assets
€171k▼ 2.1%
Equity and liabilities €549k
Equity
€97k▼ 22.9%
Provisions
€14k▼ 17.2%
Debt
€438k▼ 12.9%
The debt ratio rises from 77.9% to 79.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€84k▲
2023 · €75k
Cash flow
€65k▼
2023 · €84k
Solvency
17.6%▼
2023 · 19.4%
Current ratio
1.34▲
2023 · 1.29
Quick ratio
1.34▲
2023 · 1.29
Debt / equity
4.53▲
2023 · 4.01
ROE
-29.0%▼
2023 · -14.5%
ROA
-5.1%▼
2023 · -2.8%
Interest coverage
3.73▼
2023 · 17.71
Debt
€438k▼
2023 · €504k
Debt ≤ 1 year
€127k▼
2023 · €135k
Debt > 1 year
€311k▼
2023 · €369k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€646k€549k▼
Fixed assets21/28€472k€379k▼
Tangible fixed assets22/27€472k€379k▼
Plant, machinery and equipment23€472k€379k▼
Furniture and vehicles24€42-
Leasing and similar rights25€0-
Current assets29/58€175k€171k▼
Amounts receivable within one year40/41€108k€123k▲
Trade receivables40€103k€118k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€67k€46k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€646k€549k▼
Equity10/15€126k€97k▼
Contributions10/11€50k€50k=
Outside capital11-€50k
Other1109/19-€50k
Reserves13€47k€39k▼
Tax-exempt reserves132€47k€39k▼
Profit (loss) carried forward14€28k€7k▼
Investment grants15€1k€558▼
Provisions and deferred taxes16€17k€14k▼
Deferred taxes168€17k€14k▼
Amounts payable17/49€504k€438k▼
Amounts payable after more than one year17€369k€311k▼
Financial debts170/4€369k€311k▼
Amounts payable within one year42/48€135k€127k▼
Current portion of amounts payable after more than one year42€68k€59k▼
Trade debts44€5k€6k▲
Suppliers440/4€5k€6k▲
Advances received on contracts in progress46€3k€3k=
Taxes, remuneration and social security45€658€0▼
Taxes450/3€658€0▼
Other amounts payable47/48€59k€59k▼
Income statement
Code20232024
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€93k▼
Other operating charges640/8€21k€387▼
Gross operating margin9900€96k€84k▼
Operating profit (loss)9901€-27k€-9k▲
Financial income75/76B€7k€873▼
Recurring financial income75€7k€873▼
Financial charges65/66B€4k€22k▲
Recurring financial charges65€4k€22k▲
Profit (loss) for the period before taxes9903€-24k€-31k▼
Transfer from deferred taxes780€6k€3k▼
Profit (loss) for the period9904€-18k€-28k▼
Transfer from tax-exempt reserves789€12k€7k▼
Profit (loss) for the period to be appropriated9905€-6k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€7k▼
Profit (loss) brought forward from the previous period14P€34k€28k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
2021
31-12
Financial
Equity above €150kEq €157k ▲27.2%
Equity rises from €123k to €157k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 62 days late
2019
31-12
Financial
Highest result since 2018net €32k ▲49.4%
Operating result €36k, net result €32k, both a record.
31-12
Financial
Equity above €100kEq €107k ▲48.8%
2 profitable years in a row build equity to €107k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Namur · 1 establishment unit since 2000
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.
Route de Hannut(GB) 5845024 NamurGround area
183 m²
Building footprint
75 m²
Volume, LiDAR
751 m³
Parcel 92052B0192/00N000, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Route de Hannut(GB) 584, 5024 Namur
since 20002.094.978.185
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92052B0192/00N000indicative | Wallonia | 183 m² | 1 · 75 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.094.978.185
Similar companies · same sector, comparable size
Brans Vee & Akker
BE 0886.427.174
Zoutleeuw · Eq €98k
PLANTAGE
BE 0841.451.838
Rumst · Eq €98k
AGRI DANIEL
BE 0865.520.904
Mons · Eq €98k
MARTIN PAULY J.
BE 0476.192.794
Tongeren-Borgloon · Eq €99k
CO.RE.DON
BE 0427.137.223
Thuin · Eq €100k
Of 5,167 companies in sector 01110 we hold annual accounts for 612. 444 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2000
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
37000Sewerage
43120Site preparation
45112
90010
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.