Equity
DANACA has made a profit without a break since 2021.
DANACA has made a profit without a break since 2021.
Six of the last ten came late. The 2015 accounts came latest: 25 days after the end of the period.
Higher net result than 95% of companies in advertising and market research. Sector median €14,764 · 8,615 companies.
The dashed line is the sector median: 0.2% across 11,228 companies (NACE 73, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 73, micro). It does better than 71% of them on solvency, 40% on liquidity, 64% on profitability and 74% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
In July 2024, 17,811 companies had the same profile as DANACA has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of DANACA itself: < 0.1% within 12 months.
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.
| 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 17,811 companies, not a prediction for DANACA. 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.
Liquidity is ample, with a current ratio of 3.67 (3.65 in 2024), above the usual 1.5. Short-term debt is 27.1% and cash 9.1% of total assets. 27.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| DANACA La Hulpe | €1.2m | €242,105 | 72.9% | - |
| DOCULINE Overijse | €1.1m | €257,489 | 55.3% | 3.4 |
| LIME Chaudfontaine | €1.0m | €253,963 | 82.6% | 2.9 |
| IMPULS FACTORY Deinze | €1.3m | €210,312 | 35.1% | - |
| KOPPIJN Stekene | €1.3m | €299,807 | 85.2% | - |
| Brandspot Machelen (Brab.) | €1.3m | €256,671 | 94.0% | - |
| TRIGGERFISH Schoten | €1.3m | €225,757 | 55.7% | - |
These companies have the same main activity as DANACA: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €994,000 and €1.3m, founded between 2007 and 2010.
DANACA files the micro format. That format states no turnover. The gross margin rose from €44,354 in 2011 to €242,105 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 69% of 8,614 companies in 2025.
Higher than 70% of 8,290 companies in 2025.
Higher than 58% of 8,399 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
1.2m | 927,704 | 912,416 | 769,237 | 575,322 | 404,591 | 606,417 | 540,189 | 395,494 | 329,229 | 101,359 | 102,043 | 50,027 | 60,235 | |
21/28 |
6,767 | 12,309 | 16,132 | 11,415 | 4,140 | 6,822 | 301,691 | 297,768 | 225,389 | 224,783 | 34,459 | 39,306 | 29,960 | 24,296 | |
21 |
- | - | - | - | - | - | 555 | 1,657 | - | - | - | - | - | - | |
22/27 |
6,612 | 12,154 | 15,977 | 11,259 | 3,984 | 6,666 | 8,489 | 3,465 | 11,504 | 10,060 | 13,336 | 18,183 | 8,837 | 3,173 | |
24 |
6,612 | 12,154 | 15,977 | 11,259 | 3,984 | 6,326 | 7,921 | 2,671 | 11,504 | 10,060 | 13,336 | 18,183 | 8,837 | 3,173 | |
26 |
- | - | - | - | - | 341 | 568 | 794 | - | - | - | - | - | - | |
28 |
155 | 155 | 155 | 155 | 155 | 155 | 292,646 | 292,646 | 213,885 | 214,723 | 21,123 | 21,123 | 21,123 | 21,123 | |
29/58 |
1.2m | 915,395 | 896,284 | 757,823 | 571,182 | 397,769 | 304,727 | 242,421 | 170,105 | 104,446 | 66,900 | 62,737 | 20,066 | 35,939 | |
29 |
530,000 | 530,000 | 530,000 | 530,000 | 530,000 | 376,000 | 286,000 | 191,000 | 151,000 | 86,000 | - | - | - | - | |
290 |
530,000 | 530,000 | 530,000 | 530,000 | 530,000 | 376,000 | 286,000 | 191,000 | 151,000 | 86,000 | - | - | - | - | |
3 |
- | - | - | - | - | - | - | 12,640 | - | - | - | - | - | - | |
30/36 |
- | - | - | - | - | - | - | 12,640 | - | - | - | - | - | - | |
40/41 |
529,132 | 346,913 | 327,029 | 189,030 | 23,687 | 13,952 | 5,354 | 33,256 | 7,739 | 11,206 | 64,427 | 53,246 | 19,252 | 35,080 | |
40 |
- | - | - | - | - | 5,642 | 335 | 29,233 | 4,480 | 4,480 | 31,895 | 2,378 | - | 20,407 | |
41 |
529,132 | 346,913 | 327,029 | 189,030 | 23,687 | 8,310 | 5,019 | 4,023 | 3,259 | 6,725 | 32,532 | 50,868 | 19,252 | 14,673 | |
54/58 |
107,099 | 38,109 | 39,028 | 7,014 | 6 | 13 | 5,430 | 1,085 | 11,366 | 6,941 | 2,158 | 8,900 | 160 | - | |
490/1 |
269 | 374 | 227 | 31,778 | 17,489 | 7,804 | 7,943 | 4,440 | - | 299 | 315 | 591 | 654 | 860 | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
1.2m | 927,704 | 912,416 | 769,237 | 575,322 | 404,591 | 606,417 | 540,189 | 395,494 | 329,229 | 101,359 | 102,043 | 50,027 | 60,235 | |
10/15 |
855,028 | 677,133 | 648,937 | 429,695 | 262,713 | 103,249 | 356,056 | 321,818 | 109,188 | 51,518 | 38,364 | 24,548 | 12,550 | 12,206 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
151,860 | 101,860 | 161,860 | 121,860 | 121,860 | 121,860 | 121,860 | 121,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
132 |
- | - | 160,000 | 120,000 | 120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | - | |
133 |
151,860 | 101,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
14 |
696,968 | 569,073 | 480,877 | 301,635 | 134,653 | -24,811 | 227,996 | 193,758 | 101,128 | 43,458 | 30,304 | 16,488 | 4,490 | 4,146 | |
17/49 |
318,239 | 250,571 | 263,479 | 339,542 | 312,609 | 301,342 | 250,362 | 218,371 | 286,305 | 277,711 | 62,994 | 77,495 | 37,477 | 48,029 | |
17 |
- | - | - | - | - | 20,523 | 47,374 | 73,920 | 122,390 | 25,370 | 1,572 | 6,914 | 10,456 | 14,568 | |
170/4 |
- | - | - | - | - | 20,523 | 47,374 | 73,920 | 122,390 | 25,370 | 1,572 | 6,914 | 10,456 | 14,568 | |
42/48 |
318,120 | 250,571 | 263,479 | 339,542 | 312,609 | 280,819 | 202,987 | 144,451 | 163,915 | 252,341 | 61,423 | 70,581 | 27,021 | 33,461 | |
42 |
33,600 | 28,000 | - | - | 20,523 | 39,283 | 38,997 | 43,090 | 85,474 | 39,175 | 13,973 | 9,513 | 4,765 | 4,765 | |
43 |
24,000 | 24,000 | 42,000 | - | 1,441 | 11,434 | 48,105 | 13,359 | - | 100,000 | - | - | - | 3,055 | |
430/8 |
- | - | - | - | 1,441 | 11,434 | 48,105 | - | - | 100,000 | - | - | - | - | |
439 |
24,000 | 24,000 | 42,000 | - | - | - | - | 13,359 | - | - | - | - | - | 3,055 | |
44 |
31,644 | 15,192 | 19,284 | 12,980 | 6,077 | 3,569 | 19,438 | 3,407 | 6,004 | 3,591 | 24,704 | 7,054 | 8,686 | 1,712 | |
440/4 |
31,644 | 15,192 | 19,284 | 12,980 | 6,077 | 3,569 | 19,438 | 3,407 | 6,004 | 3,591 | 24,704 | 7,054 | 8,686 | 1,712 | |
46 |
47,644 | 23,984 | 17,442 | 29,068 | 39,058 | - | - | - | - | - | - | - | 8,095 | - | |
45 |
94,122 | 54,284 | 57,642 | 146,384 | 84,799 | 61,822 | 7,737 | 57,595 | 12,436 | 32,377 | 22,745 | 14,014 | 5,474 | 13,929 | |
450/3 |
94,122 | 54,284 | 57,642 | 146,384 | 84,799 | 60,969 | 5,984 | 49,156 | 7,611 | 27,193 | 22,745 | 14,014 | 5,474 | 12,297 | |
454/9 |
- | - | - | - | - | 853 | 1,753 | 8,439 | 4,826 | 5,184 | - | - | - | 1,632 | |
47/48 |
87,111 | 105,111 | 127,111 | 151,111 | 160,711 | 164,711 | 88,710 | 27,000 | 60,000 | 77,198 | - | 40,000 | - | 10,000 | |
492/3 |
120 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | 155,130 | 221,552 | 389,489 | 300,346 | 311,513 | 231,540 | 201,494 | 111,564 | 133,874 | |
9900 |
242,105 | 210,115 | 272,448 | 196,552 | 235,166 | 79,554 | 100,834 | 116,726 | 103,802 | 121,962 | 76,009 | 69,918 | 21,416 | 44,354 | |
60/61 |
- | - | - | - | - | 75,576 | 120,717 | 272,763 | 196,543 | 189,551 | 155,531 | 131,576 | 90,149 | 89,520 | |
62 |
- | - | - | - | - | - | 30,940 | 47,231 | 32,136 | 25,460 | - | -18 | 10,370 | 17,056 | |
630 |
8,354 | 8,782 | 8,145 | 3,526 | 3,756 | 3,496 | 5,209 | 12,149 | 10,494 | 13,769 | 13,668 | 11,384 | 4,525 | 1,898 | |
640/8 |
8,094 | 9,775 | 6,101 | 4,514 | 14,383 | 7,345 | 7,927 | 524 | 696 | 1,815 | 878 | 6,249 | 1,013 | 2,424 | |
9901 |
225,657 | 191,558 | 258,202 | 188,512 | 217,028 | 68,713 | 56,758 | 56,823 | 60,476 | 80,918 | 61,463 | 52,303 | 5,507 | 22,976 | |
75/76B |
25,514 | 22,855 | 41,659 | 43,670 | 18,143 | 8,838 | 6,368 | 207,093 | 63,160 | 4,215 | 3,668 | 2,956 | 1,540 | 633 | |
75 |
25,514 | 22,855 | 41,659 | 43,670 | 18,143 | 8,838 | 6,368 | 207,093 | 63,160 | 4,215 | 3,668 | 2,956 | 1,540 | 633 | |
65/66B |
5,904 | 7,965 | 2,832 | 2,378 | 9,514 | 294,666 | 4,364 | 7,216 | 5,966 | 6,926 | 5,124 | 3,162 | 2,368 | 2,302 | |
65 |
5,904 | 7,965 | 2,832 | 2,378 | 9,514 | 2,390 | 4,364 | 7,216 | 5,966 | 6,926 | 5,124 | 3,162 | 2,368 | 2,302 | |
66B |
- | - | - | - | - | 292,276 | - | - | - | - | - | - | - | - | |
9903 |
245,267 | 206,448 | 297,029 | 229,805 | 225,657 | -217,116 | 58,762 | 256,700 | 117,669 | 78,207 | 60,007 | 52,096 | 4,679 | 21,307 | |
67/77 |
67,372 | 58,252 | 77,787 | 62,822 | 66,193 | 35,691 | 16,524 | 44,071 | -1 | 15,053 | 46,190 | 98 | 4,336 | 5,301 | |
9904 |
177,895 | 148,196 | 219,242 | 166,983 | 159,464 | -252,807 | 42,238 | 212,630 | 117,670 | 63,154 | 13,816 | 51,998 | 343 | 16,006 | |
9905 |
177,895 | 148,196 | 219,242 | 166,983 | 159,464 | -252,807 | 42,238 | 212,630 | 117,670 | 63,154 | 13,816 | 51,998 | 343 | 16,006 | |
| Appropriation of the result | |||||||||||||||
9906 |
746,968 | 629,073 | 520,877 | 301,635 | 134,653 | -24,811 | 235,996 | 313,758 | 161,128 | 93,458 | 30,304 | 56,488 | 4,490 | 16,006 | |
14P |
569,073 | 480,877 | 301,635 | 134,653 | -24,811 | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 120,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
50,000 | 60,000 | 40,000 | - | - | - | - | 120,000 | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
50,000 | 60,000 | 40,000 | - | - | - | - | 120,000 | - | - | - | - | - | - | |
694/7 |
- | 120,000 | - | - | - | - | 8,000 | - | 60,000 | 50,000 | - | 40,000 | - | 10,000 | |
694 |
- | 120,000 | - | - | - | - | - | - | - | - | - | 40,000 | - | - | |
695 |
- | - | - | - | - | - | 8,000 | - | 60,000 | 50,000 | - | - | - | 10,000 | |
| Social balance sheet | |||||||||||||||
9087 |
- | - | - | - | - | - | - | - | 1 | 0.8 | - | - | 0.5 | 1 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 1,776 | 1,446 | - | - | 200 | 1,384 | |
| Document | |||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-08-2026.
2025 annual accounts filed 14 days after the deadline. Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00397674.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-08-2026 | 2026-00397674 | |
| 31-12-2024 | micro format | 19-08-2025 | 2025-00384022 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00271855 | |
| 31-12-2022 | micro format | 18-08-2023 | 2023-00343823 | |
| 31-12-2021 | micro format | 12-08-2022 | 2022-20298387 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02300597 | |
| 30-06-2019 | micro format | 11-12-2019 | 2019-75800210 | |
| 30-06-2018 | micro format | 29-11-2018 | 2018-73500054 | |
| 31-12-2016 | micro format | 03-08-2017 | 2017-41200039 | |
| 31-12-2015 | full format | 25-08-2016 | 2016-49800548 | |
| 31-12-2014 | full format | 28-07-2015 | 2015-35700550 | |
| 31-12-2013 | full format | 14-08-2014 | 2014-42200328 | |
| 31-12-2012 | full format | 01-08-2013 | 2013-39000174 | |
| 31-12-2011 | full format | 14-08-2012 | 2012-40700196 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 234,011 | 200,340 | 266,347 | 192,038 | 220,784 | 72,208 | 61,967 | 68,972 | 70,970 | 94,686 | 75,131 | 63,687 | 10,033 | 24,874 | ||
| 186,249 | 156,978 | 227,387 | 170,509 | 163,220 | -249,311 | 47,447 | 224,779 | 128,164 | 76,922 | 27,484 | 63,382 | 4,869 | 17,904 | ||
| 2,812 | 4,959 | 12,863 | 10,801 | 1,074 | 1,118 | 9,131 | 84,529 | 11,938 | 204,093 | 8,821 | 20,730 | 10,190 | 25,416 | ||
| 68,990 | -919 | 32,014 | 7,009 | -7 | -5,417 | 4,345 | - | 4,425 | 4,784 | -6,742 | 8,740 | - | - | ||
| 848,380 | 664,824 | 632,805 | 418,281 | 258,573 | 116,950 | 101,739 | 97,970 | 6,190 | -147,894 | 5,477 | -7,844 | -6,955 | 2,478 | ||
| - | - | - | - | - | 44.3% | 25.6% | 14.6% | 20.1% | 26.0% | 26.5% | 26.0% | 4.9% | 17.2% | ||
| 72.9% | 73.0% | 71.1% | 55.9% | 45.7% | 25.5% | 58.7% | 59.6% | 27.6% | 15.6% | 37.8% | 24.1% | 25.1% | 20.3% | ||
| 3.67 | 3.65 | 3.40 | 2.23 | 1.83 | 1.42 | 1.50 | 1.68 | 1.04 | 0.41 | 1.09 | 0.89 | 0.74 | 1.07 | ||
| 3.67 | 3.65 | 3.40 | 2.23 | 1.83 | 1.42 | 1.50 | 1.59 | 1.04 | 0.41 | 1.09 | 0.89 | 0.74 | 1.07 | ||
| 0.37 | 0.37 | 0.41 | 0.79 | 1.19 | 2.92 | 0.70 | 0.68 | 2.62 | 5.39 | 1.64 | 3.16 | 2.99 | 3.93 | ||
| 20.8% | 21.9% | 33.8% | 38.9% | 60.7% | -244.9% | 11.9% | 66.1% | 107.8% | 122.6% | 36.0% | 211.8% | 2.7% | 131.1% | ||
| 15.2% | 16.0% | 24.0% | 21.7% | 27.7% | -62.5% | 7.0% | 39.4% | 29.8% | 19.2% | 13.6% | 51.0% | 0.7% | 26.6% | ||
| 39.64 | 25.15 | 94.06 | 80.76 | 23.21 | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | 13 days | 1 day | 27 days | 5 days | 5 days | 50 days | 4 days | 63 days | 56 days | ||
| - | - | - | - | - | 17 days | 59 days | 5 days | 11 days | 7 days | 58 days | 20 days | 35 days | 7 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,812 | €4,959 | €12,863 | €10,801 | €1,074 |
| €8,354 | €8,782 | €8,145 | €3,526 | €3,756 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 18% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 27.0% to 27.1%. Equity and debt are higher.
DANACA has no parent and no holdings in its annual accounts. DEGRAVE Nicolas is the only director. DANACA shares no director with another company.
| Innovative Business Services
registered office since 27-01-2020 · founded in 2020 |
total assets €170,601 (2025) 0742.515.303 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Avenue du Bois d'Hennessy 11 registered office 1310 La Hulpe | ||
| Chaussée des Cerises 32 1300 Wavre | 15-11-2010 | 2.193.833.756 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25050B0639/00A000 | 1,244 m² | 1 · 163 m² | 9.0 m · 2 |
| 25112D0163/02E000 | 715 m² | 1 · 127 m² | 7.8 m · 2 |
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