DAHERCO
ActiveSummary
The computed 12-month bankruptcy probability of DAHERCO is 1.6% (moderate). The 2024 annual accounts show equity of €816k and a net result of €46k. Equity is growing by ~18.8% per year across the filed fiscal years. The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability60▲+30
Solvency76▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.44 in 2023; short-term debt: 23.6% and cash: 25.9% of total assets), and 49.1% 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
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 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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
not confirmed
2024
60 d late
2023
2 d late
2022
70 d early
2021
64 d late
2020
44 d early
2019
10 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€46k
2023 · €-33k
2018: €-3k
2019: €-16k▼ -529% vs 2018
2020: €89k▲ +659% vs 2019
2021: €386k▲ +332% vs 2020highest in 7 years
2022: €7k▼ -98.2% vs 2021
2023: €-33k▼ -558% vs 2022lowest in 7 years
2024: €46k▲ +242% vs 2023
2018 → 2024
Working capital
€336k▲ 38.3%
2023 · €243k
2018: €-165klowest in 7 years
2019: €-25k▲ +84.7% vs 2018
2020: €263k▲ +1141% vs 2019
2021: €514k▲ +95.6% vs 2020highest in 7 years
2022: €475k▼ -7.8% vs 2021
2023: €243k▼ -48.8% vs 2022
2024: €336k▲ +38.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€409k-€795k▲ 94.3%€802k▲ 0.9%€770k▼ 4.1%€816k▲ 6.0%
2020: €409klowest in 5 years
2021: €795k▲ +94.3% vs 2020
2022: €802k▲ +0.9% vs 2021
2023: €770k▼ -4.1% vs 2022
2024: €816k▲ +6.0% vs 2023highest in 5 years
Operating result€169k-€587k▲ 247%€65k▼ 88.9%€15k▼ 77.2%€115k▲ 677%
2020: €169k
2021: €587k▲ +247% vs 2020highest in 5 years
2022: €65k▼ -88.9% vs 2021
2023: €15k▼ -77.2% vs 2022lowest in 5 years
2024: €115k▲ +677% vs 2023
Net result€89k-€386k▲ 332%€7k▼ 98.2%€-33k€46k
2020: €89k
2021: €386k▲ +332% vs 2020highest in 5 years
2022: €7k▼ -98.2% vs 2021
2023: €-33k▼ -558% vs 2022lowest in 5 years
2024: €46k▲ +242% vs 2023
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 677% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.60M
Fixed assets
€889k ▼ 12.3%
Current assets
€715k ▼ 10.3%
Equity and liabilities €1.60M
Equity
€816k ▲ 6.0%
Provisions
€47k ▼ 3.7%
Debt
€741k ▼ 25.4%
Debt's share of the balance-sheet total falls from 54.8% to 46.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€180k▲
2023 · €81k
Cash flow
€111k▲
2023 · €33k
Current ratio
1.89▲
2023 · 1.44
Quick ratio
1.11▲
2023 · 0.73
Debt to equity
0.91▼
2023 · 1.29
ROE
5.7%▲
2023 · -4.2%
ROA
2.9%▲
2023 · -1.8%
Interest coverage
4.54▲
2023 · 1.66
Debt ≤ 1 year
€379k▼
2023 · €555k
Debt > 1 year
€333k▼
2023 · €412k
Income taxes
€31k▲
2023 · €645
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 · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.81M€1.60M▼
Fixed assets21/28€1.01M€889k▼
Tangible fixed assets22/27€1.01M€888k▼
Furniture and vehicles24€316€1k▲
Other tangible fixed assets26€1.01M€887k▼
Financial fixed assets28€945€945=
Current assets29/58€797k€715k▼
Stocks and contracts in progress3€392k€295k▼
Stocks30/36€392k€295k▼
Amounts receivable within one year40/41€2k€2k▼
Trade receivables40€2k€2k▼
Cash at bank and in hand54/58€398k€415k▲
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.60M▼
Equity10/15€770k€816k▲
Contributions10/11€154k€154k=
Reserves13€659k€662k▲
Tax-exempt reserves132€148k€142k▼
Distributable reserves133€512k€520k▲
Profit (loss) carried forward14€-43k€122▲
Provisions and deferred taxes16€49k€47k▼
Deferred taxes168€49k€47k▼
Amounts payable17/49€993k€741k▼
Amounts payable after more than one year17€412k€333k▼
Financial debts170/4€412k€333k▼
Amounts payable within one year42/48€555k€379k▼
Current portion of amounts payable after more than one year42€78k€79k▲
Financial debts43€83k-
Credit institutions430/8€83k-
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€12k€26k▲
Taxes450/3€12k€26k▲
Other amounts payable47/48€378k€272k▼
Accrued charges and deferred income492/3€26k€29k▲
Income statement
Code20232024
Non-recurring operating income76A-€134k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€65k▼
Other operating charges640/8€10k€11k▲
Gross operating margin9900€91k€192k▲
Operating profit (loss)9901€15k€115k▲
Financial income75/76B€0€18▲
Recurring financial income75€0€18▲
Financial charges65/66B€49k€40k▼
Recurring financial charges65€49k€40k▼
Profit (loss) for the period before taxes9903€-34k€76k▲
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€645€31k▲
Profit (loss) for the period9904€-33k€46k▲
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€-27k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-43k€9k▲
Profit (loss) brought forward from the previous period14P€-16k€-43k▼
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €471k | - | - | €134k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €82k | €157k | €65k | €66k | €65k | ▼ 1.6% |
| Other operating charges640/8 | - | €13k | €11k | €10k | €11k | ▲ 9.9% |
| Gross operating margin9900 | €267k | €757k | €141k | €91k | €192k | ▲ 110% |
| Operating profit (loss)9901 | €169k | €587k | €65k | €15k | €115k | ▲ 677% |
| Financial income75/76B | - | €3 | €9 | €0 | €18 | ▲ 178,300% |
| Recurring financial income75 | €0 | €3 | €9 | €0 | €18 | ▲ 178,300% |
| Financial charges65/66B | - | €55k | €43k | €49k | €40k | ▼ 18.5% |
| Recurring financial charges65 | €43k | €55k | €43k | €49k | €40k | ▼ 18.5% |
| Profit (loss) for the period before taxes9903 | €127k | €532k | €22k | €-34k | €76k | ▲ 324% |
| Transfer from deferred taxes780 | - | €13k | €2k | €2k | €2k | = |
| Transfer to deferred taxes680 | - | €66k | - | - | - | - |
| Income taxes67/77 | €37k | €94k | €17k | €645 | €31k | ▲ 4,740% |
| Profit (loss) for the period9904 | €89k | €386k | €7k | €-33k | €46k | ▲ 242% |
| Transfer from tax-exempt reserves789 | - | €39k | €6k | €6k | €6k | = |
| Transfer to tax-exempt reserves689 | - | €197k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €89k | €227k | €13k | €-27k | €52k | ▲ 291% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.02M | €3.27M | €2.42M | €1.81M | €1.60M | ▼ 11.4% |
| Fixed assets21/28 | €1.23M | €1.14M | €1.08M | €1.01M | €889k | ▼ 12.3% |
| Tangible fixed assets22/27 | €1.23M | €1.14M | €1.08M | €1.01M | €888k | ▼ 12.3% |
| Furniture and vehicles24 | - | €9k | €5k | €316 | €1k | ▲ 342% |
| Other tangible fixed assets26 | - | €1.13M | €1.07M | €1.01M | €887k | ▼ 12.5% |
| Financial fixed assets28 | - | - | - | €945 | €945 | = |
| Current assets29/58 | €1.79M | €2.13M | €1.34M | €797k | €715k | ▼ 10.3% |
| Stocks and contracts in progress3 | €1.20M | €860k | €504k | €392k | €295k | ▼ 24.8% |
| Stocks30/36 | - | €860k | €504k | €392k | €295k | ▼ 24.8% |
| Amounts receivable within one year40/41 | €404k | €432k | €17k | €2k | €2k | ▼ 7.9% |
| Trade receivables40 | - | €37k | €14k | €2k | €2k | ▼ 7.9% |
| Other amounts receivable41 | - | €395k | €3k | - | - | - |
| Cash at bank and in hand54/58 | €176k | €836k | €812k | €398k | €415k | ▲ 4.4% |
| Deferred charges and accrued income490/1 | - | €7k | €3k | €6k | €3k | ▼ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.02M | €3.27M | €2.42M | €1.81M | €1.60M | ▼ 11.4% |
| Equity10/15 | €409k | €795k | €802k | €770k | €816k | ▲ 6.0% |
| Contributions10/11 | - | €154k | €154k | €154k | €154k | = |
| Reserves13 | €272k | €657k | €665k | €659k | €662k | ▲ 0.5% |
| Non-distributable reserves130/1 | - | €11k | €11k | - | - | - |
| Reserves not available under the articles1311 | - | €11k | €11k | - | - | - |
| Tax-exempt reserves132 | - | €159k | €153k | €148k | €142k | ▼ 3.7% |
| Distributable reserves133 | - | €488k | €500k | €512k | €520k | ▲ 1.7% |
| Profit (loss) carried forward14 | €-16k | €-16k | €-16k | €-43k | €122 | ▲ 100% |
| Provisions and deferred taxes16 | - | €53k | €51k | €49k | €47k | ▼ 3.7% |
| Deferred taxes168 | - | €53k | €51k | €49k | €47k | ▼ 3.7% |
| Amounts payable17/49 | €2.61M | €2.42M | €1.56M | €993k | €741k | ▼ 25.4% |
| Amounts payable after more than one year17 | €1.05M | €775k | €681k | €412k | €333k | ▼ 19.2% |
| Financial debts170/4 | - | €675k | €581k | €412k | €333k | ▼ 19.2% |
| Advances received on contracts in progress176 | - | €100k | €100k | - | - | - |
| Amounts payable within one year42/48 | €1.52M | €1.62M | €862k | €555k | €379k | ▼ 31.6% |
| Current portion of amounts payable after more than one year42 | - | €95k | €94k | €78k | €79k | ▲ 1.4% |
| Financial debts43 | - | €1.01M | €83k | €83k | - | - |
| Credit institutions430/8 | - | €1.01M | €83k | €83k | - | - |
| Trade debts44 | €34k | €82k | €19k | €3k | €2k | ▼ 38.2% |
| Suppliers440/4 | - | €82k | €19k | €3k | €2k | ▼ 38.2% |
| Taxes, remuneration and social security45 | - | €30k | €47k | €12k | €26k | ▲ 113% |
| Taxes450/3 | - | €30k | €47k | €12k | €26k | ▲ 113% |
| Other amounts payable47/48 | - | €406k | €619k | €378k | €272k | ▼ 28.0% |
| Accrued charges and deferred income492/3 | - | €27k | €19k | €26k | €29k | ▲ 10.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €89k | €386k | €7k | €-33k | €46k | ▲ 242% |
| + Depreciation and write-downs630 | €82k | €157k | €65k | €66k | €65k | ▼ 1.6% |
| Operating cash flow (approximation) | €171k | €542k | €72k | €33k | €111k | ▲ 234% |
| Investment in fixed assets (approximation) | - | €-62k | €-9k | €-945 | €60k | ▲ 6,481% |
| Change in cash | - | €660k | €-23k | €-415k | €17k | ▲ 104% |
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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 60 days late
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 2 days late
2023
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 64 days late
2021
31-12
Financial
Highest result since 2018net €386k ▲332%
Operating result €587k, net result €386k, both a record.
31-12
Financial
Equity above €500kEq €795k ▲94.3%
2 profitable years in a row build equity to €795k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €89k
Net result €89k after 2 loss-making years.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
Show earlier events
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Elsene · 1 establishment unit since 2004
Ground area
1,218 m²
Building footprint
1,221 m²
Volume, LiDAR
17,976 m³
Parcel 21822R0227/00T003, Brussels · tallest building 32.8 m, ±2 floors. Linked by address, not a title deed.
180
companies at this address
See who is registered here
1 establishment unit
DAHERCO
since 20042.139.284.718
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded23-06-2004
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.