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DAFCO

Active Public limited companyfounded 1973active for 53 yearsStationsstraat 176, 8850 ArdooieKBO/BCE: BE 0413.723.806 subsidiary of PoletDePypere Company#3 oldest company in Ardooie, Wholesale and retail trade sector
Part of the group ICARUS INVEST 17 companies in 2 countries
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Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €553,074 (2025)
€553,074▲ 29.3%
lowest -€33,796 (2009)
€192,260▲ 54.7%
peak €493,921 (2025)
€493,921▲ 21.7%
€291,620▼ 25.4%
peak 2.9 FTE (2024)
2.9 FTEunchanged
Board5 names since 2020
2 directorsFERRARIUS and 1 other
Owners4 names in the annual accounts
0.33%R&R CONSULT and 1 other
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Gross margin from €427,636 to €553,074Result from €124,304 to €192,260Dividend €104,100Equity from €405,761 to €493,921Debts from €390,920 to €291,620Cash from €215,735 to €284,991

Key points

from the 2025 annual accounts

Equity

€493,921 ▲ 21.7%

DAFCO has made a profit without a break since 2010.

Result

€192,260 ▲ 54.7%
€124,0002024€192,0002025

The result rose in 2025 from €124,304 to €192,260.

Turnover

≈ €2.8m estimated

The accounts state no turnover.

Checked score

97
Excellent
Financially stronger than 79% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

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

Last 24 months 12-2024: 0.1% 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: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged 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 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 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: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

88+12equity 62.9% of total assets
79+17short-term debt 36.8% · cash 36.3%
99+11return on assets 24.5%

Score breakdown

lowers risk
Liquidity: current ratio 2.63, cash €284,991
Founded in 1973
Equity €493,921 (62.9% of total assets)
Size: 2.9 FTE, total assets €785,541
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 69% of them on solvency, 81% on liquidity, 90% on profitability and 77% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as DAFCO has now. Each dot stands for 79 companies, two years later.

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

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DAFCO itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 31,368 companies, not a prediction for DAFCO. 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

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.63 (2.12 in 2024), above the usual 1.5. Short-term debt is 36.8% and cash 36.3% of total assets. 37.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.63, cash €284,991
NBB · annual accounts
lowers risk · Founded in 1973
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €493,921 (62.9% of total assets)
NBB · annual accounts
lowers risk · Size: 2.9 FTE, total assets €785,541
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
31 days early
2023
19 days early
2022
21 days late
2021
31 days early
2020
11 days early
2019
126 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 13 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

F
Managing director, Ampe Nicolas
TV
Managing director, Devos Xavier
VB
Auditor, Bart Roobrouck
Board & ownership

Recent changes

Appointment: Vander Donckt - Roobrouck - Christiaens - Bedrijfsrevisoren (statutory auditor and company auditor) Permanent representative: Xavier Devos · General meeting of 21-06-2023 · Gazette deed
2 directors reappointed FERRARIUS (managing director) and Tertius Vulpes (managing director) · Permanent representatives: Ampe Nicolas and Devos Xavier · General meeting of 19-12-2023 · Gazette deed
Registered-office move Director in office: FerrariusBV (managing director) · Board meeting of 28-02-2023 · Gazette deed
2 directors appointed, 2 resignations Resignations: Saskia Desnyder and BV LIEMAQS (managing director) · Permanent representatives: Jan Louagie, Nicolas Ampe and Xavier Devos · Appointments: BV FERRARIUS (managing director) and CommV TERTIUS VULPES (managing director) · General meeting of 27-03-2020 · Gazette deed
All 58 events

Comparable companies

same main activity, similar in size and age
Company
DAFCO Ardooie €0.8m €553,074 62.9% 2.9
ISKRAEMECO BENELUX Oostkamp €0.9m €474,800 25.6% 2.3
Marc VAN ACKERE & C° Evergem €0.7m €342,044 68.0% 4
LEZA BELGIUM Bruges €1.5m €319,187 59.7% 3.8
BOGE COMPRESSOREN Sint-Genesius-Rode €1.2m €699,633 23.4% 4.3
LEMAN Wemmel €1.1m €396,284 60.9% 3
PAUWELS Antwerp €0.7m €315,703 16.8% 4.8

These companies have the same main activity as DAFCO: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €698,000 and €1.5m, founded between 1972 and 1981.

Official details

Source: KBO
Status
Active since 29-10-1973Normal situation
Activity
Wholesale of machine toolsNACE 46620and 1 other
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.008.812.0958850 Ardooie, since 17-05-1991
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€785,541▼ 1.4%
Employeeson 31-12-2025
3=
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Companies linked to DAFCO

Insights on DAFCO

DAFCO has existed since 1973. The gross margin grew from €70,613 in 2006 to €553,074 in 2025.

Solvency rose in 2025 from 50.9% to 62.9% because of lower debts.

PoletDePypere Company holds all the shares.

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 DAFCO

What is the company number of DAFCO?
The company number of DAFCO is 0413.723.806. The VAT number is the same number with BE in front: BE 0413.723.806.
Where is DAFCO based?
The registered office is at Stationsstraat 176, 8850 Ardooie.Company details
What does DAFCO do?
According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of DAFCO?
DAFCO is a public limited company (NV).
When was DAFCO founded?
DAFCO was founded on 29-10-1973.
Is DAFCO still active?
Yes, DAFCO is an active enterprise in the KBO register.
How many employees does DAFCO have?
DAFCO had an average of 2.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DAFCO fall under?
In its 2025 annual accounts, DAFCO states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of DAFCO?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €553,074 and 139 comparable companies (NACE 46). It probably lies between €1.8m and €4.8m.
Is DAFCO profitable?
In financial year 2025, DAFCO made a profit of €192,260.
Where can I find the annual accounts of DAFCO?
DAFCO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DAFCO due?
DAFCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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