DAKY
ActiveSummary
DAKY has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,184 and a net result of -€33,083. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 78% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-01-2011 Normal situation
- Activity
- Retail trade NACE 47722and 4 others
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
- Establishment unit
- 2.195.429.407 8400 Oostende, since 12-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
- GYSELINCK Danny Jozef MarthaDirector · since 30-12-2010
- Paindavin FrankyDirector · since 30-12-2010
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €104,555
- ▼ 70.0%
- Turnover
- ≈ €330,000
- estimated
- Loss
- €33,083
- Equity
- €101,184
- ▼ 24.6%
- Total assets
- €151,869
- ▼ 31.6%
- Staff
- 2.8 FTE
- ▼ 60.6%
Score breakdownraises riskLoss of €33,083 (financial year 2025)lowers riskLiquidity: current ratio 2.48, cash €100,264Equity €101,184 (66.6% of total assets)Size: total assets €151,869Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 78% of them on solvency, 88% on liquidity, 6% on profitability and 18% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 10 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 02-07-2026 at the NBB all 15 filings
Every figure per financial year
The operating result for 2025 is a loss of €29,514, after a profit of €90,123 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 9 | 7 | 5 | - |
| full-time | 6 | 3 | 3 | 2 | - |
| part-time | 4 | 6 | 4 | 3 | - |
| in full-time equivalents | 8.6 | 7.2 | 5.9 | 3.7 | - |
| Average over the year, in full-time equivalents | 7.8 | 8.6 | 8.7 | 7.1 | 2.8 |
| On a permanent contract | 8 | 9 | 7 | 5 | - |
| Joined | 3 | 8 | 84 | 97 | 57 |
| Left | 2 | 9 | 76 | 111 | 62 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Subsidies and aid
Flemish government
2024 · 1 entry · €2,982 awarded · €2,982 paid| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €289,291 | €296,883 | €329,374 | €255,164 | €131,133 | ▼ 48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €471 | €471 | €471 | €471 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €7,953 | €1,205 | €2,677 | €3,021 | €2,937 | ▼ 2.8% |
| Gross operating margin9900 | €171,935 | €313,115 | €259,068 | €294,771 | €316,292 | €326,613 | €348,308 | €104,555 | ▼ 70.0% |
| Operating profit (loss)9901 | €15,652 | €7,709 | €20,401 | -€2,944 | €18,204 | -€5,438 | €90,123 | -€29,514 | - |
| Financial income75/76B | - | - | - | €134 | €2,389 | €1,420 | €26,756 | - | - |
| Recurring financial income75 | €2,465 | €1,412 | €2,310 | €134 | €2,389 | €1,420 | €722 | - | - |
| Non-recurring financial income76B | - | - | - | - | - | - | €26,034 | - | - |
| Financial charges65/66B | - | - | - | €975 | €1,048 | €27,133 | €1,208 | €3,364 | ▲ 178% |
| Recurring financial charges65 | €294 | €325 | €1,187 | €975 | €1,048 | €1,099 | €1,208 | €3,364 | ▲ 178% |
| Non-recurring financial charges66B | - | - | - | - | - | €26,034 | - | - | - |
| Profit (loss) for the period before taxes9903 | €17,823 | €8,795 | €21,524 | -€3,785 | €19,544 | -€31,151 | €115,670 | -€32,878 | - |
| Income taxes67/77 | €6,371 | €972 | €4,494 | €360 | €6,993 | €189 | €26,353 | €204 | ▼ 99.2% |
| Profit (loss) for the period9904 | €11,452 | €7,824 | €17,031 | -€4,144 | €12,551 | -€31,340 | €89,317 | -€33,083 | - |
| Profit (loss) for the period to be appropriated9905 | €11,452 | €7,824 | €17,031 | -€4,144 | €12,551 | -€31,340 | €89,317 | -€33,083 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €153,325 | €195,491 | €200,443 | €192,838 | €210,278 | €151,271 | €221,881 | €151,869 | ▼ 31.6% |
| Fixed assets21/28 | €27,673 | €27,202 | €26,732 | €26,261 | €26,261 | €228 | €26,261 | €26,261 | = |
| Tangible fixed assets22/27 | €1,412 | €941 | €471 | - | - | - | - | - | - |
| Financial fixed assets28 | €26,261 | €26,261 | €26,261 | €26,261 | €26,261 | €228 | €26,261 | €26,261 | = |
| Current assets29/58 | €125,652 | €168,289 | €173,711 | €166,577 | €184,016 | €151,044 | €195,620 | €125,608 | ▼ 35.8% |
| Amounts receivable within one year40/41 | €72,340 | €83,986 | €62,503 | €75,709 | €85,728 | €60,930 | €43,666 | €23,440 | ▼ 46.3% |
| Trade receivables40 | - | - | - | €48,887 | €51,911 | €47,932 | €34,453 | €12,381 | ▼ 64.1% |
| Other amounts receivable41 | - | - | - | €26,823 | €33,817 | €12,998 | €9,212 | €11,058 | ▲ 20.0% |
| Cash at bank and in hand54/58 | €52,780 | €82,561 | €110,647 | €90,844 | €97,393 | €89,684 | €150,874 | €100,264 | ▼ 33.5% |
| Deferred charges and accrued income490/1 | - | - | - | €23 | €895 | €430 | €1,081 | €1,905 | ▲ 76.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €153,325 | €195,491 | €200,443 | €192,838 | €210,278 | €151,271 | €221,881 | €151,869 | ▼ 31.6% |
| Equity10/15 | €99,297 | €105,520 | €95,251 | €91,107 | €103,658 | €44,949 | €134,267 | €101,184 | ▼ 24.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €80,697 | €86,920 | €76,651 | €72,507 | €85,058 | €57,689 | €115,667 | €106,835 | ▼ 7.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €70,647 | €85,058 | €57,689 | €115,667 | €106,835 | ▼ 7.6% |
| Profit (loss) carried forward14 | - | - | - | - | - | -€31,340 | - | -€24,250 | - |
| Amounts payable17/49 | €54,028 | €89,971 | €105,192 | €101,731 | €106,620 | €106,322 | €87,615 | €50,685 | ▼ 42.2% |
| Amounts payable within one year42/48 | €54,028 | €89,971 | €105,192 | €101,731 | €106,620 | €106,322 | €87,615 | €50,685 | ▼ 42.2% |
| Financial debts43 | - | - | - | €5,846 | €5,860 | €5,888 | €5,883 | €8,351 | ▲ 41.9% |
| Credit institutions430/8 | - | - | - | €5,846 | €5,860 | €5,888 | €5,883 | €8,351 | ▲ 41.9% |
| Trade debts44 | €5,112 | €5,001 | €10,829 | €8,785 | €4,463 | €4,812 | €6,952 | €3,507 | ▼ 49.5% |
| Suppliers440/4 | - | - | - | €8,785 | €4,463 | €4,812 | €6,952 | €3,507 | ▼ 49.5% |
| Taxes, remuneration and social security45 | - | - | - | €87,101 | €96,297 | €95,622 | €63,296 | €27,003 | ▼ 57.3% |
| Taxes450/3 | - | - | - | €29,905 | €33,740 | €27,747 | €36,914 | €27,003 | ▼ 26.9% |
| Remuneration and social security454/9 | - | - | - | €57,195 | €62,557 | €67,875 | €26,381 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | €11,484 | €11,824 | ▲ 3.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,452 | €7,824 | €17,031 | -€4,144 | €12,551 | -€31,340 | €89,317 | -€33,083 | - |
| + Depreciation and write-downs630 | €471 | €471 | €471 | €471 | - | - | - | - | - |
| Operating cash flow (approximation) | €11,922 | €8,294 | €17,501 | -€3,674 | €12,551 | -€31,340 | €89,317 | -€33,083 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €26,034 | -€26,034 | €0 | - |
| Change in cash | - | €29,781 | €28,086 | -€19,803 | €6,548 | -€7,709 | €61,190 | -€50,610 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as DAKY has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DAKY itself is lower: 0.1% within 12 months. It rests on far more data about DAKY than the profile alone.
Test of the method
The method was tested on the 497,446 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 | 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 4,805 companies, not a prediction for DAKY. 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00251461 | |
| 31-12-2024 | micro format | 07-08-2025 | 2025-00365447 | |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00233388 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00231229 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20167297 | |
| 31-12-2020 | micro format | 05-08-2021 | 2021-46600570 | |
| 31-12-2019 | micro format | 11-08-2020 | 2020-41000508 | |
| 31-12-2018 | micro format | 09-07-2019 | 2019-30700462 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-29300401 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-29300060 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-03-2023 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| GYSELINCK Danny Jozef Martha |
|
| Paindavin Franky |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s),naar evenredigheid verworven aantal bij meerdere kopers;zelfde bij…”
Articles of association, deed of 13-03-2023 (in Dutch)
Network & group
DAKY shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of DAKY. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-03
Gazette deed
Appointments: GYSELINCK Danny Jozef Martha (statutory director) and Paindavin Franky (statutory director)Capital conversion · Amendment of the articles · Legal-form conversion7 points ▸
- General meeting, 07-03-2023
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director appointment, GYSELINCK Danny Jozef Martha (statutory director), mentioned 2 times in the deed
- Director appointment, Paindavin Franky (statutory director), mentioned 2 times in the deed
- Amendment of the articles
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital
16-05
Gazette deed
Registered office moved from Gent to LievegemNew seat: Notelaarstraat 1 B te 9950 Lievegem · Previous seat: ELFNOVEMBERSTRAAT 54 BUS 001 9030 GENT · Director in office4 points ▸
- Board meeting, 01-04-2022
- Registered-office move, Notelaarstraat 1 B te 9950 Lievegem
- Director in office, Franky Paindavin (director)
- Director in office, Danny Gyselinck (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Elfnovemberstraat 54 Bus 001, 9030 Gent until 01-04-2022 · act of 16-05-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
12 activities
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer van textiel,confectie,lederwaren,maroquinerie,schoeisel,kledingaccessoires en aanverwanten,kleinhandel in uitzet voor dames en meisjes en voor heren en jongens,in al zijn mogelijke vormen en eigenschappen,en andere aanverwanten van welke aard dan ook
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie,distributie van textiel,kleding en artikelen van leer
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van hand- en bagagetassen,zowel in leder als in stoffen en/of kunststoffen
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer van kleding,kledingaccessoires en bontartikelen
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van schoeisel
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van kledingstoffen en meubileringsstoffen
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van huishoudtextiel zoals lakens,dekens,tafelkleden,handdoeken,enzovoorts
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van bovenkleding (inclusief werkkleding,sportkleding en ceremoniekleding) van ongeacht welk materiaal (textielstoffen,breigoed,leer,bont,enzovoorts) voor heren,dames en kinderen (algemeen klassement)
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van baby- en kinderkleding
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van onderkleding,lingerie,strand- en badkleding,badlinnen en badartikelen
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van hoeden,handschoenen,dassen,ceinturen,paraplu's,enzovoorts
- De groot- en kleinhandel,aan- en verkoop,in- en uitvoer,productie,promotie en distributie van snoepgoed
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 35013A0157/00B000 | Flanders | 261 m² | 1 · 259 m² | 28.9 m · 9 |