DAFI
ActiveSummary
DAFI has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155,154 and a net result of -€223. Equity is growing by about 5.7% per year across the filed financial years. Its solvency ranks better than 95% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Equity
- €155,154
- Loss
- -€223
Why 70raises riskLiquidity: current ratio 12.75, cash €1, halvedSector: Specialised construction activities (NACE 43)lowers riskFounded in 1994Equity €155,154 (92.2% of total assets)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 43% on liquidity, 18% on profitability and 34% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€15,370
Financials · financial year 2025, micro format
2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00481971.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €2,314 in 2025 against €12,066 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,284 | €1,613 | €1,761 | €624 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €421 | €366 | €0 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €622 | €475 | €573 | €883 | €954 | ▲ 8.1% |
| Gross operating margin9900 | €12,038 | €5,276 | €15,711 | €16,124 | €15,268 | €44,185 | -€10,559 | -€1,359 | ▲ 87.1% |
| Operating profit (loss)9901 | €9,155 | €2,644 | €13,012 | €13,219 | €13,179 | €41,851 | -€12,066 | -€2,314 | ▲ 80.8% |
| Financial income75/76B | - | - | - | - | €11 | €3 | €0 | €5 | ▲ 14× |
| Recurring financial income75 | €8 | €7 | €8 | - | €11 | €3 | €0 | €5 | ▲ 14× |
| Financial charges65/66B | - | - | - | €1,195 | €1,410 | €1,468 | €799 | €915 | ▲ 14.4% |
| Recurring financial charges65 | €561 | €1,205 | €1,583 | €1,195 | €1,410 | €1,468 | €799 | €915 | ▲ 14.4% |
| Profit (loss) for the period before taxes9903 | €8,602 | €1,446 | €11,438 | €12,023 | €11,780 | €40,385 | -€12,865 | -€3,223 | ▲ 74.9% |
| Income taxes67/77 | €131 | -€43 | €2,500 | €2,826 | €2,644 | €11,000 | €2,505 | -€3,000 | - |
| Profit (loss) for the period9904 | €8,472 | €1,489 | €8,938 | €9,198 | €9,136 | €29,385 | -€15,370 | -€223 | ▲ 98.5% |
| Profit (loss) for the period to be appropriated9905 | €8,472 | €1,489 | €8,938 | €9,198 | €9,136 | €29,385 | -€15,370 | -€223 | ▲ 98.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €130,318 | €123,293 | €135,064 | €143,231 | €152,966 | €190,817 | €168,967 | €168,359 | ▼ 0.4% |
| Fixed assets21/28 | €366 | €0 | €0 | €0 | €0 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €366 | €0 | €0 | €0 | €0 | €0 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | €0 | €0 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0 | €0 | €0 | €0 | - | - |
| Current assets29/58 | €129,952 | €123,293 | €135,064 | €143,231 | €152,966 | €190,817 | €168,967 | €168,359 | ▼ 0.4% |
| Amounts receivable within one year40/41 | €129,952 | €122,881 | €135,064 | €143,231 | €151,966 | €190,304 | €166,454 | €168,358 | ▲ 1.1% |
| Trade receivables40 | - | - | - | €3,390 | €910 | €26,564 | €9,684 | €12,729 | ▲ 31.4% |
| Other amounts receivable41 | - | - | - | €139,841 | €151,056 | €163,740 | €156,770 | €155,630 | ▼ 0.7% |
| Cash at bank and in hand54/58 | €0 | €0 | €0 | €0 | €1,000 | €513 | €2,512 | €1 | ▼ 100.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €130,318 | €123,293 | €135,064 | €143,231 | €152,966 | €190,817 | €168,967 | €168,359 | ▼ 0.4% |
| Equity10/15 | €112,602 | €114,091 | €123,029 | €132,226 | €141,362 | €170,747 | €155,377 | €155,154 | ▼ 0.1% |
| Contributions10/11 | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | €11,775 | €11,775 | = |
| Capital10 | - | - | - | €9,916 | €9,916 | €9,916 | - | - | - |
| Issued capital100 | - | - | - | €18,592 | €18,592 | €18,592 | - | - | - |
| Uncalled capital101 | - | - | - | €8,676 | €8,676 | €8,676 | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Legal reserve130 | - | - | - | €1,859 | €1,859 | €1,859 | - | - | - |
| Profit (loss) carried forward14 | €100,827 | €102,316 | €111,254 | €120,451 | €129,587 | €158,972 | €143,602 | €143,379 | ▼ 0.2% |
| Amounts payable17/49 | €17,716 | €9,202 | €12,035 | €11,004 | €11,604 | €20,070 | €13,590 | €13,205 | ▼ 2.8% |
| Amounts payable within one year42/48 | €17,716 | €9,202 | €9,556 | €11,004 | €11,604 | €20,070 | €13,590 | €13,205 | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0 | €0 | €0 | - | - |
| Financial debts43 | - | - | - | €4,123 | €4,021 | €9,039 | €0 | €8,022 | - |
| Credit institutions430/8 | - | - | - | €4,123 | €4,021 | €9,039 | - | €8,022 | - |
| Trade debts44 | €8,054 | €56 | €275 | €381 | €1,885 | €444 | €8,502 | €2,096 | ▼ 75.3% |
| Suppliers440/4 | - | - | - | €381 | €1,885 | €444 | €8,502 | €2,096 | ▼ 75.3% |
| Advances received on contracts in progress46 | - | - | - | €1,500 | €3,088 | €3,088 | €3,088 | €3,088 | = |
| Taxes, remuneration and social security45 | - | - | - | €5,000 | €2,610 | €7,500 | €2,000 | - | - |
| Taxes450/3 | - | - | - | €5,000 | €2,610 | €7,500 | €2,000 | - | - |
| Remuneration and social security454/9 | - | - | - | €0 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0 | - | - | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,472 | €1,489 | €8,938 | €9,198 | €9,136 | €29,385 | -€15,370 | -€223 | ▲ 98.5% |
| + Depreciation and write-downs630 | €421 | €366 | €0 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €8,893 | €1,855 | €8,938 | €9,198 | €9,136 | €29,385 | -€15,370 | -€223 | ▲ 98.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - | - |
| Change in cash | - | €0 | €0 | €0 | €1,000 | -€487 | €2,000 | -€2,511 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00481971 |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00386098 |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00385680 |
| 31-12-2022 | micro format | 16-08-2023 | 2023-00335142 |
| 31-12-2021 | micro format | 24-08-2022 | 2022-20381774 |
| 31-12-2020 | micro format | 13-08-2021 | 2021-49500214 |
| 31-12-2019 | micro format | 24-06-2020 | 2020-20300497 |
| 31-12-2018 | micro format | 22-08-2019 | 2019-50100181 |
| 31-12-2017 | micro format | 03-08-2018 | 2018-44000065 |
| 31-12-2016 | micro format | 17-08-2017 | 2017-44300393 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CAMBIER Philippe |
|
Owners and capital
Capital and shareholders
- 30-04-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
30-04
Gazette deed
Reappointment: CAMBIER Philippe (director)Amendment of the articles · Capital conversion · Reserve release9 facts ▸
- General meeting, 19-04-2024
- Amendment of the articles (2 times)
- Capital conversion, “compte(s) de capitaux propres statutairement indisponible(s)” (deed in French)
- Reserve release, “suppression, compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Director reappointment, CAMBIER Philippe (director)
- Registered office clause, “1440 Braine-le-Château, Parc Industriel, 8A” (deed in French)
- Power of attorney
- Power of attorney, Jérôme OTTE
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0452.177.970
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25111A0690/00M008 | Wallonia | 9,921 m² | 1 · 358 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Tous travaux,études,mission de menuiserie,ébénisterie intérieure et extérieure,pose de cloisons,rénovations de bâtiments pour son compte ou…” (deed in French)
4 activities (deed in French)
- Tous travaux,études,mission de menuiserie,ébénisterie intérieure et extérieure,pose de cloisons,rénovations de bâtiments pour son compte ou pour le compte de tiers.
- Accomplir en Belgique et à l’étranger,toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en favoriser ou à en développer la réalisation.
- S’intéresser par voie de fusion,de souscription ou de toute autre manière à toutes entreprises,associations ou sociétés similaire ou connexe au sien,ou de nature à favoriser le développement de son entreprise.
- Conclure toutes conventions de collaboration,de rationalisation,d’association ou autres,avec de telles sociétés ou entreprises.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DAFI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Assemblée qui nomme fixe nombre, durée du mandat et, en cas de pluralité, pouvoirs, organe d'administration” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Actions dont la cession est proposée, moitié cédant et moitié acquéreurs proportionnellement si plusieurs” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, ouverture de la souscription” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Peut être dissoute en tout temps par décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, faculté de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et…” (deed in French)