Equity
€13,015 from €173,224 in 2023
Equity fell by 92% in 2 years.
Daenens Construct
Lifetime
13 annual accounts with figures on one time axispeak €233,353 (2023)
€5,242▼ 95.3%
lowest -€126,538 (2025)
-€126,538▼ €92,867
peak €173,224 (2023)
€13,015▼ 90.7%
€525,061▲ 1.7%
Board1 name since 2022
1 director
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €110,669 to €5,242Loss of €126,538Equity from €139,553 to €13,015Cash from €59,658 to €621
Key points
from the 2025 annual accountsResult
-€126,538 ▼ 276%
The result fell in 2025 from -€33,671 to -€126,538.
Debts
€525,061 98% of the balance sheet
Financial debts 69%Suppliers 13%Taxes and wages 0%Other 18%
Of this, €191,999 falls due within a year.
Securities
€395,000
Mortgage mandates, new in 2025. 30.3 times equity · not in the 2024 accounts.
Filings
13 annual accounts since 2013
Four of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
-€126,538
Lower net result than 95% of companies in specialised construction. Sector median €38,620 · 9,269 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 642 companies had the same profile as Daenens Construct has now. Each dot stands for 2 companies, two years later.
89.9%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 642 companies, not a prediction for Daenens Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0840942587
Change of role: , from manager to director
“nieuw voorwerp” (deed in Dutch) · Registered office clause: Westrozebekestraat 48, 8840 Staden (Oostnieuwkerke) · Gazette deed
First establishment
Westrozebekestraat 48, Staden
Incorporation
published on 14-11-2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Daenens Construct Staden | - | - | 2.4% | - |
| LIONS Wuustwezel | - | - | 19.1% | - |
| RONO Ninove | - | - | -1.7% | - |
| ALGEMENE BOUWWERKEN JENS MARTENS Oostkamp | - | - | 47.7% | - |
| DECOMAT CONSTRUCT Charleroi | €10,795 | 61.3% | 58.2% | - |
| Rinoo Schaerbeek | - | - | 57.7% | - |
| BUILDING WORKS Etterbeek | €65,208 | 7.4% | 15.9% | 1 |
These companies have the same main activity as Daenens Construct: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €384,000 and €579,000, founded between 2001 and 2016.
Official details
Source: KBO- Status
- Active since 09-11-2011Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.205.110.2058840 Staden, since 20-12-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 14-05-2025
Insights on Daenens Construct
Daenens Construct files the abbreviated format. That format states no turnover. The gross margin fell from €14,901 in 2013 to €5,242 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Daenens Construct
- What is the company number of Daenens Construct?
- The company number of Daenens Construct is 0840.942.587. The VAT number is the same number with BE in front: BE 0840.942.587.
- Where is Daenens Construct based?
- The registered office is at Westrozebekestraat 48, 8840 Staden.Company details
- What does Daenens Construct do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of Daenens Construct?
- Daenens Construct is a private limited company (BV).
- When was Daenens Construct founded?
- Daenens Construct was founded on 09-11-2011.
- Is Daenens Construct still active?
- Yes, Daenens Construct is an active enterprise in the KBO register.
- How many employees does Daenens Construct have?
- Daenens Construct had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Daenens Construct fall under?
- In its 2025 annual accounts, Daenens Construct states joint committee 124 (Construction).
- What is the turnover of Daenens Construct?
- The turnover in financial year 2025 is ≈ €76,000. This figure is estimated from the gross margin of €5,242 and 45 comparable companies (NACE 43990). It probably lies between €45,000 and €190,000. It is a rough estimate.
- Is Daenens Construct profitable?
- In financial year 2025, Daenens Construct made a loss of €126,538.
- Where can I find the annual accounts of Daenens Construct?
- Daenens Construct filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Daenens Construct due?
- Daenens Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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