DAN SYSTEME
ActiveSummary
The computed 12-month bankruptcy probability of DAN SYSTEME is 1.8% (moderate). The 2025 annual accounts show equity of €54k and a net result of €45k. Equity is growing by ~18.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 27965 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+5
Solvency60▼-8
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.42 in 2024; short-term debt: 47.4% and cash: 54.6% of total assets), but 65.4% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.6%
Return on assets
28.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
42 d early
2024
55 d early
2023
19 d early
2022
38 d early
2021
16 d early
2020
49 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€318k▲ 27.5%
2020 · €249k
2020: €249k
2021: €318k▲ +27.5% vs 2020
2020 → 2021
EBIT margin
3.4%▼ 3.5pp
2020 · 6.9%
2020: 6.9%
2021: 3.4%▼ -51.1% vs 2020
2020 → 2021
Net result
€45k▲ 185%
2024 · €16k
2020: €17k
2021: €2k▼ -87.0% vs 2020lowest in 6 years
2022: €13k▲ +477% vs 2021
2023: €25k▲ +94.2% vs 2022
2024: €16k▼ -36.8% vs 2023
2025: €45k▲ +185% vs 2024highest in 6 years
2020 → 2025
Working capital
€41k▲ 124%
2024 · €18k
2020: €-3klowest in 6 years
2021: €1k▲ +144% vs 2020
2022: €9k▲ +648% vs 2021
2023: €20k▲ +138% vs 2022
2024: €18k▼ -11.3% vs 2023
2025: €41k▲ +124% vs 2024highest in 6 years
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€318k-
Equity€24k-€37k▲ 52.9%€50k▲ 35.5%€33k▼ 35.2%€54k▲ 65.7%
2021: €24klowest in 5 years
2022: €37k▲ +52.9% vs 2021
2023: €50k▲ +35.5% vs 2022
2024: €33k▼ -35.2% vs 2023
2025: €54k▲ +65.7% vs 2024highest in 5 years
Operating result€11k-€17k▲ 59.9%€32k▲ 86.1%€22k▼ 30.8%€60k▲ 169%
2021: €11klowest in 5 years
2022: €17k▲ +59.9% vs 2021
2023: €32k▲ +86.1% vs 2022
2024: €22k▼ -30.8% vs 2023
2025: €60k▲ +169% vs 2024highest in 5 years
Net result€2k-€13k▲ 477%€25k▲ 94.2%€16k▼ 36.8%€45k▲ 185%
2021: €2klowest in 5 years
2022: €13k▲ +477% vs 2021
2023: €25k▲ +94.2% vs 2022
2024: €16k▼ -36.8% vs 2023
2025: €45k▲ +185% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 169% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €156k
Fixed assets
€42k ▲ 187%
Current assets
€115k ▲ 86.5%
Equity and liabilities €156k
Equity
€54k ▲ 65.7%
Debt
€102k ▲ 136%
Debt's share of the balance-sheet total rises from 57.1% to 65.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €37k
Cash flow
€58k▲
2024 · €31k
Current ratio
1.55▲
2024 · 1.42
Debt to equity
1.89▲
2024 · 1.33
ROE
83.1%▲
2024 · 48.3%
ROA
28.8%▲
2024 · 20.7%
Interest coverage
47.29▼
2024 · 91.27
Debt ≤ 1 year
€74k▲
2024 · €43k
Debt > 1 year
€28k
Income taxes
€13k▲
2024 · €6k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€156k▲
Fixed assets21/28€15k€42k▲
Tangible fixed assets22/27€13k€40k▲
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€7k€37k▲
Financial fixed assets28€1k€1k=
Current assets29/58€62k€115k▲
Amounts receivable within one year40/41€59k€26k▼
Trade receivables40€54k-
Other amounts receivable41€5k€26k▲
Cash at bank and in hand54/58€286€85k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€76k€156k▲
Equity10/15€33k€54k▲
Contributions10/11€5k€5k=
Reserves13€855€855▲
Non-distributable reserves130/1€855€855▲
Reserves not available under the articles1311€855€855▲
Profit (loss) carried forward14€27k€48k▲
Amounts payable17/49€43k€102k▲
Amounts payable after more than one year17-€28k
Financial debts170/4-€28k
Amounts payable within one year42/48€43k€74k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€9k€27k▲
Suppliers440/4€9k€27k▲
Taxes, remuneration and social security45€10k€17k▲
Taxes450/3€10k€17k▲
Other amounts payable47/48€25k€24k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€3k€4k▲
Gross operating margin9900€42k€78k▲
Operating profit (loss)9901€22k€60k▲
Financial income75/76B€15€89▲
Recurring financial income75€15€89▲
Financial charges65/66B€405€2k▲
Recurring financial charges65€405€2k▲
Profit (loss) for the period before taxes9903€22k€58k▲
Income taxes67/77€6k€13k▲
Profit (loss) for the period9904€16k€45k▲
Profit (loss) for the period to be appropriated9905€16k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€72k▲
Profit (loss) brought forward from the previous period14P€45k€27k▼
Profit to be distributed694/7€34k€24k▼
Return on contributions (dividend)694€34k€24k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €318k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €302k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €9k | €13k | €15k | €13k | ▼ 11.3% |
| Other operating charges640/8 | €234 | €2k | €4k | €2k | €1k | ▼ 55.2% |
| Non-recurring operating charges66A | - | - | - | €3k | €4k | ▲ 56.8% |
| Gross operating margin9900 | €16k | €28k | €49k | €42k | €78k | ▲ 85.5% |
| Operating profit (loss)9901 | €11k | €17k | €32k | €22k | €60k | ▲ 169% |
| Financial income75/76B | €1 | €1 | €4 | €15 | €89 | ▲ 495% |
| Recurring financial income75 | €1 | €1 | €4 | €15 | €89 | ▲ 495% |
| Financial charges65/66B | €115 | €198 | €375 | €405 | €2k | ▲ 280% |
| Recurring financial charges65 | €115 | €198 | €375 | €405 | €2k | ▲ 280% |
| Profit (loss) for the period before taxes9903 | €11k | €17k | €32k | €22k | €58k | ▲ 167% |
| Income taxes67/77 | €8k | €4k | €7k | €6k | €13k | ▲ 119% |
| Profit (loss) for the period9904 | €2k | €13k | €25k | €16k | €45k | ▲ 185% |
| Profit (loss) for the period to be appropriated9905 | €2k | €13k | €25k | €16k | €45k | ▲ 185% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45k | €57k | €80k | €76k | €156k | ▲ 106% |
| Fixed assets21/28 | €23k | €29k | €30k | €15k | €42k | ▲ 187% |
| Tangible fixed assets22/27 | €23k | €27k | €29k | €13k | €40k | ▲ 207% |
| Plant, machinery and equipment23 | €6k | €15k | €11k | €6k | €3k | ▼ 40.2% |
| Furniture and vehicles24 | €17k | €12k | €18k | €7k | €37k | ▲ 402% |
| Financial fixed assets28 | - | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €22k | €28k | €50k | €62k | €115k | ▲ 86.5% |
| Amounts receivable within one year40/41 | €15k | €19k | €13k | €59k | €26k | ▼ 56.6% |
| Trade receivables40 | €4k | €7k | €3k | €54k | - | - |
| Other amounts receivable41 | €10k | €13k | €10k | €5k | €26k | ▲ 375% |
| Cash at bank and in hand54/58 | €7k | €8k | €36k | €286 | €85k | ▲ 29,774% |
| Deferred charges and accrued income490/1 | - | €314 | €978 | €2k | €4k | ▲ 66.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45k | €57k | €80k | €76k | €156k | ▲ 106% |
| Equity10/15 | €24k | €37k | €50k | €33k | €54k | ▲ 65.7% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Capital10 | €5k | - | - | - | - | - |
| Issued capital100 | €5k | - | - | - | - | - |
| Reserves13 | €855 | €855 | €855 | €855 | €855 | ▲ 0.1% |
| Non-distributable reserves130/1 | €855 | €855 | - | €855 | €855 | ▲ 0.1% |
| Legal reserve130 | €855 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €855 | - | €855 | €855 | ▲ 0.1% |
| Distributable reserves133 | - | - | €855 | - | - | - |
| Profit (loss) carried forward14 | €18k | €31k | €45k | €27k | €48k | ▲ 80.0% |
| Amounts payable17/49 | €20k | €19k | €30k | €43k | €102k | ▲ 136% |
| Amounts payable after more than one year17 | - | - | - | - | €28k | - |
| Financial debts170/4 | - | - | - | - | €28k | - |
| Amounts payable within one year42/48 | €20k | €19k | €30k | €43k | €74k | ▲ 70.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €7k | - |
| Trade debts44 | €12k | €15k | €11k | €9k | €27k | ▲ 211% |
| Suppliers440/4 | €12k | €15k | €11k | €9k | €27k | ▲ 211% |
| Taxes, remuneration and social security45 | €8k | €4k | €7k | €10k | €17k | ▲ 74.1% |
| Taxes450/3 | €8k | €4k | €7k | €10k | €17k | ▲ 74.1% |
| Other amounts payable47/48 | - | - | €12k | €25k | €24k | ▼ 5.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €13k | €25k | €16k | €45k | ▲ 185% |
| + Depreciation and write-downs630 | €5k | €9k | €13k | €15k | €13k | ▼ 11.3% |
| Operating cash flow (approximation) | €8k | €22k | €38k | €31k | €58k | ▲ 90.3% |
| Investment in fixed assets (approximation) | - | €-14k | €-15k | €682 | €-40k | ▼ 5,989% |
| Change in cash | - | €1k | €28k | €-36k | €85k | ▲ 338% |
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
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2020net €45k ▲185%
Operating result €60k, net result €45k, both a record.
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €2k ▼87%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Drogenbos · 1 establishment unit since 2019
Ground area
1.1 ha
Building footprint
943 m²
Volume, LiDAR
10,346 m³
2 parcels, Brussels, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
235
companies at this address
See who is registered here
1 establishment unit
DAN SYSTEME
since 20192.367.997.454
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 fl. |
| 21392A0095/00F006 | Brussels | 323 m² | 1 · 149 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 368 companies in sector 43421 we hold annual accounts for 205. 172 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-05-2019
Fiscal year end30-09
Activities, NACEBEL 2025
43421Specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
43331Floor and wall tiling
43410Roofing work
43422Screed work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.