DANAR
ActiveFrom the official registers: KBO 33 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DANAR has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €654,558 and a net result of €52,556. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 23% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
KBO- Status
- Active since 23-06-1992 Normal situation
- Legal form
- Public limited company
- Registered office
- Kloosterstraat 11, 2000 Antwerpen
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
- Establishment unit
- 2.064.792.478 2000 Antwerpen, since 21-12-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 22-07-2025
Board and ownership
Board
- Farkas IthzakManaging director
- Farkas ItzhakDirector · since 28-06-2023
- Massey AnnetteDirector · since 28-06-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
Annual accounts 2025
- Gross margin
- €555,533
- ▲ 40.6%
- Turnover
- ≈ €620,000
- estimated
- Profit
- €52,556
- Equity
- €654,558
- ▲ 8.7%
- Total assets
- €6.7m
- ▼ 10.6%
2025 accounts filed 6 days after the deadline
Filed on 06-08-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 0.01, cash €20,2351 change of registered office in 24 monthsLast filed accounts filed 6 days late; 1 of the last 3 accounts latelowers riskSize: total assets €6.7mShow the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 40% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency
35+2
equity 9.8% of total assets
Liquidity
22+9
short-term debt 56.1% · cash 0.3%
Profitability
45+14
return on assets 0.8%
Bankruptcy probability within 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.8%▲ +0.5 percentage points vs 06-2025
08-2025: 1.0%▲ +0.2 percentage points vs 07-2025
09-2025: 1.3%▲ +0.3 percentage points vs 08-2025
10-2025: 2.0%▲ +0.7 percentage points vs 09-2025highest value
11-2025: 0.9%▼ -1.1 percentage points vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 1.0%▲ +0.1 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 0.9%▼ -0.1 percentage points vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▼ -0.7 percentage points vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.01 (0.12 in 2024), below 1. Short-term debt is 56.1% and cash 0.3% of total assets. 90.2% of the assets are financed with debt and provisions.
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 68, small). It does better than 28% of them on solvency, 17% on liquidity, 45% on profitability and 70% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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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Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 5789 sector peers (2025).
NBB · sector comparisonPosition among 5789 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
6 days late
2024
60 days late
2023
7 days late
2022
49 days late
2021
29 days late
2020
89 days late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, full format
2025 annual accounts filed 6 days after the deadline Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00388195.
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 06-08-2026
- Format
- full format
- Reference
- 2026-00388195
Turnover
≈ €620,000
Estimated: probably between €560,000 and €690,000
EBIT margin
Not included in this filing
Net result
€52,556
2024 · -€92,197
Working capital
-€3.7m▲ 20.0%
2024 · -€4.6m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 93% higher than in 2024. It is a recovery after the fall in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Operating result€0.2m
2025
Net result€0.05m
2025
Assets, equity and debt per financial year.
Total assets€6.7m
2025
Equity€0.7m
2025
Debt€5.9m
2025
Above zero, the company can pay its short-term debts with what it holds in the short term.
Working capital-€3.7m
2025
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
Return on assets (ROA)0.8%
2025
The higher the solvency, the better the company absorbs a setback.
Solvency9.8%
2025
A ratio above 1 means the short-term assets cover the short-term debts.
Current ratio0.01
2025
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.04m--€0.03m€0.1m-€0.2m€0.6m€0.3m▼ 55.2%€0.1m▼ 63.7%€0.2m▲ 93.0%
Net result-€0.01m--€0.1m▼ 910%€0.01mwithin the sector's middle half-€0.02mbelow the sector's middle half€0.4mabove the sector's middle half€0.06mwithin the sector's middle half▼ 86.0%-€0.09mbelow the sector's middle half€0.05mwithin the sector's middle half
Equity€0.3m-€0.2m▼ 28.6%€0.2mwithin the sector's middle half▲ 6.4%€0.2mwithin the sector's middle half▼ 9.9%€0.6mwithin the sector's middle half▲ 194%€0.7mwithin the sector's middle half▲ 9.2%€0.6mwithin the sector's middle half▼ 13.3%€0.7mwithin the sector's middle half▲ 8.7%
Total assets€4.1m-€6.5m▲ 57.2%€6.4mabove the sector's middle half▼ 1.0%€6.2mabove the sector's middle half▼ 3.1%€6.0mabove the sector's middle half▼ 2.9%€6.9mabove the sector's middle half▲ 14.5%€7.5mabove the sector's middle half▲ 8.2%€6.7mwithin the sector's middle half▼ 10.6%
Debt€3.7m-€6.2m▲ 67.1%€6.1m▼ 1.2%€5.9m▼ 2.8%€5.2m▼ 11.8%€6.0m▲ 15.8%€6.7m▲ 11.1%€5.9m▼ 12.3%
Working capital-€0.8m--€1.8m▼ 130%-€4.3mbelow the sector's middle half▼ 133%-€3.9mbelow the sector's middle half▲ 9.9%-€3.5mbelow the sector's middle half▲ 10.3%-€4.1mbelow the sector's middle half▼ 17.1%-€4.6mbelow the sector's middle half▼ 14.0%-€3.7mbelow the sector's middle half▲ 20.0%
Solvency7.7%-3.5%▼ 4.2pp3.7%below the sector's middle half▲ 0.3pp3.5%below the sector's middle half▼ 0.3pp10.5%within the sector's middle half▲ 7.1pp10.1%within the sector's middle half▼ 0.5pp8.1%within the sector's middle half▼ 2.0pp9.8%below the sector's middle half▲ 1.7pp
Current ratio0.55-0.08▼ 0.470.01below the sector's middle half▼ 0.080.00below the sector's middle half=0.01below the sector's middle half=0.06below the sector's middle half▲ 0.050.12below the sector's middle half▲ 0.060.01below the sector's middle half▼ 0.11
Return on assets (ROA)-0.3%--1.8%▼ 1.5pp0.2%within the sector's middle half▲ 2.0pp-0.4%within the sector's middle half▼ 0.6pp7.0%above the sector's middle half▲ 7.3pp0.9%within the sector's middle half▼ 6.1pp-1.2%within the sector's middle half▼ 2.1pp0.8%within the sector's middle half▲ 2.0pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.7m
Fixed assets
€6.6m ▼ 2.9%
Current assets
€37,696 ▼ 94.0%
Equity and liabilities €6.7m
Equity
€654,558 ▲ 8.7%
Provisions
€137,850 ▼ 7.9%
Debt
€5.9m ▼ 12.3%
Debt's share of the balance-sheet total falls from 89.9% to 88.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€495,117▲
2024 · €365,138
Cash flow
€346,879▲
2024 · €168,911
Debt to equity
8.99▼
2024 · 11.16
ROE
8.0%▲
2024 · -15.3%
Interest coverage
3.05▲
2024 · 1.68
Debt ≤ 1 year
€3.7m▼
2024 · €5.3m
Debt > 1 year
€2.1m▲
2024 · €1.4m
Income taxes
€2,665
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Companies with the same profile, two years later
Historical observationIn July 2024, 208 companies had the same profile as DANAR has now. Two years later, 0.5% had gone bankrupt and 99.0% were still going.
- Medium-sized
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
0.5%
went bankrupt
0.0%
stopped otherwise
99.0%
was still going
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DANAR itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,445 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 208 companies, not a prediction for DANAR. 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €408,450 | €173,465 | €61,648 | €21,100 | ▼ 65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €102,376 | €209,712 | €164,940 | €162,211 | €163,258 | €219,059 | €261,108 | €294,323 | ▲ 12.7% |
| Other operating charges640/8 | - | - | - | €33,826 | €36,510 | €64,716 | €29,690 | €60,416 | ▲ 103% |
| Non-recurring operating charges66A | - | - | - | - | - | €12,997 | €402 | - | - |
| Gross operating margin9900 | €160,798 | €208,729 | €357,554 | -€10,071 | €839,173 | €583,346 | €395,230 | €555,533 | ▲ 40.6% |
| Operating profit (loss)9901 | €35,622 | -€28,624 | €109,134 | -€206,108 | €639,406 | €286,574 | €104,030 | €200,794 | ▲ 93.0% |
| Financial income75/76B | - | - | - | €286,704 | €4,204 | €6,096 | €9,585 | €4,634 | ▼ 51.6% |
| Recurring financial income75 | €1 | €945 | €8 | €37 | €4,204 | €6,096 | €9,585 | €4,634 | ▼ 51.6% |
| Non-recurring financial income76B | - | - | - | €286,667 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €107,708 | €125,872 | €243,511 | €217,702 | €162,098 | ▼ 25.5% |
| Recurring financial charges65 | €51,360 | €92,404 | €108,062 | €107,708 | €125,872 | €243,511 | €217,702 | €162,098 | ▼ 25.5% |
| Profit (loss) for the period before taxes9903 | -€15,737 | -€120,082 | €11,584 | -€27,112 | €517,738 | €49,158 | -€104,088 | €43,331 | - |
| Transfer from deferred taxes780 | - | - | - | €3,394 | €3,394 | €9,570 | €11,890 | €11,890 | = |
| Transfer to deferred taxes680 | - | - | - | - | €102,113 | - | - | - | - |
| Income taxes67/77 | €202 | €103 | €448 | - | - | - | - | €2,665 | - |
| Profit (loss) for the period9904 | -€11,459 | -€115,706 | €14,530 | -€23,719 | €419,020 | €58,728 | -€92,197 | €52,556 | - |
| Transfer from tax-exempt reserves789 | - | - | - | €10,181 | €10,181 | €22,722 | €27,432 | €27,432 | = |
| Transfer to tax-exempt reserves689 | - | - | - | - | €306,338 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€2,365 | -€106,611 | €24,711 | -€13,538 | €122,863 | €81,450 | -€64,766 | €79,988 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.1m | €6.5m | €6.4m | €6.2m | €6.0m | €6.9m | €7.5m | €6.7m | ▼ 10.6% |
| Fixed assets21/28 | €3.1m | €6.3m | €6.4m | €6.2m | €6.0m | €6.6m | €6.8m | €6.6m | ▼ 2.9% |
| Tangible fixed assets22/27 | €3.1m | €6.3m | €6.4m | €6.2m | €6.0m | €6.6m | €6.8m | €6.6m | ▼ 2.9% |
| Land and buildings22 | - | - | - | €6.2m | €6.0m | €6.6m | €6.8m | €6.6m | ▼ 2.9% |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 4.3% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.01m | €0.02m | €0.01m | ▼ 14.0% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | - | - | - | - | - |
| Current assets29/58 | €1.0m | €0.2m | €0.03m | €0.01m | €0.03m | €0.3m | €0.6m | €0.04m | ▼ 94.0% |
| Stocks and contracts in progress3 | €0.8m | €0.1m | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.1m | €0.02m | €0.02m | €0.005m | €0.005m | €0.2m | €0.6m | €0.004m | ▼ 99.4% |
| Trade receivables40 | - | - | - | €0.002m | €0.004m | €0.2m | €0.6m | €0.004m | ▼ 99.4% |
| Other amounts receivable41 | - | - | - | €0.004m | €0.001m | €0.001m | €128 | - | - |
| Current investments50/53 | €2 | €2 | €2 | €2 | €2 | €2 | €2 | €2 | = |
| Cash at bank and in hand54/58 | €0.01m | €1 | €0.01m | €0.002m | €0.02m | €0.05m | €0.02m | €0.02m | = |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.002m | €0.002m | €0.001m | €0.01m | ▲ 17× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.1m | €6.5m | €6.4m | €6.2m | €6.0m | €6.9m | €7.5m | €6.7m | ▼ 10.6% |
| Equity10/15 | €0.3m | €0.2m | €0.2m | €0.2m | €0.6m | €0.7m | €0.6m | €0.7m | ▲ 8.7% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 5.5% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.5m | €0.5m | €0.5m | €0.4m | ▼ 5.9% |
| Distributable reserves133 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.3m | -€0.3m | -€0.3m | -€0.2m | -€0.09m | -€0.2m | -€0.08m | ▲ 51.1% |
| Provisions and deferred taxes16 | €0.1m | €0.08m | €0.08m | €0.07m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 7.9% |
| Deferred taxes168 | - | - | - | €0.07m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 7.9% |
| Amounts payable17/49 | €3.7m | €6.2m | €6.1m | €5.9m | €5.2m | €6.0m | €6.7m | €5.9m | ▼ 12.3% |
| Amounts payable after more than one year17 | €1.9m | €4.1m | €1.8m | €2.0m | €1.7m | €1.7m | €1.4m | €2.1m | ▲ 47.7% |
| Financial debts170/4 | - | - | - | €2.0m | €1.7m | €1.7m | €1.4m | €2.1m | ▲ 47.7% |
| Amounts payable within one year42/48 | €1.8m | €2.0m | €4.3m | €3.9m | €3.5m | €4.3m | €5.3m | €3.7m | ▼ 28.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 33.1% |
| Financial debts43 | - | - | - | €2.7m | €2.7m | €2.9m | €3.2m | €2.1m | ▼ 35.2% |
| Credit institutions430/8 | - | - | - | €2.7m | €2.7m | €2.9m | €3.2m | €2.1m | ▼ 35.2% |
| Trade debts44 | €0.02m | €0.008m | €0.01m | €0.01m | €0.03m | €0.3m | €0.7m | €0.03m | ▼ 95.9% |
| Suppliers440/4 | - | - | - | €0.01m | €0.03m | €0.3m | €0.7m | €0.03m | ▼ 95.9% |
| Advances received on contracts in progress46 | - | - | - | - | €0.002m | - | - | €0.01m | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.007m | €0.09m | €0.001m | €0.009m | ▲ 776% |
| Taxes450/3 | - | - | - | - | €0.007m | €0.09m | €0.001m | €0.009m | ▲ 776% |
| Other amounts payable47/48 | - | - | - | €0.9m | €0.5m | €0.8m | €1.1m | €1.3m | ▲ 12.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.009m | €0.007m | €0.009m | €0.01m | €0.006m | ▼ 55.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.01m | -€0.1m | €0.01m | -€0.02m | €0.4m | €0.06m | -€0.09m | €0.05m | - |
| + Depreciation and write-downs630 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 12.7% |
| Operating cash flow (approximation) | €0.09m | €0.09m | €0.2m | €0.1m | €0.6m | €0.3m | €0.2m | €0.3m | ▲ 105% |
| Investment in fixed assets (approximation) | - | -€3.4m | -€0.2m | €0.02m | €0.03m | -€0.9m | -€0.5m | -€0.09m | ▲ 80.2% |
| Change in cash | - | -€0.01m | €0.01m | -€0.009m | €0.02m | €0.03m | -€0.03m | €6 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 06-08-2026 | 2026-00388195 | NBB |
| 31-12-2024 | abbreviated format | 29-09-2025 | 2025-00525215 | |
| 31-12-2023 | abbreviated format | 07-08-2024 | 2024-00340187 | |
| 31-12-2022 | abbreviated format | 18-09-2023 | 2023-00449041 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20419434 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74000358 | |
| 31-12-2019 | micro format | 31-07-2020 | 2020-36800433 | |
| 31-12-2018 | micro format | 02-08-2019 | 2019-42600462 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-55200132 | |
| 31-12-2016 | abbreviated format | 16-06-2017 | 2017-17900283 |
Comparable companies
These companies have the same main activity as DANAR: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €6.3m and €7.3m, founded between 1989 and 1992.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| DANAR Antwerpen | 1992 | €6.7m | €0.7m | €0.6m | - | €0.05m | - | 2025 |
| REZ - IMMO Antwerpen | 1992 | €6.3m | €0.3m | €0.5m | - | €0.4m | - | 2025 |
| AGIMOB Wommelgem | 1989 | €6.8m | €1.6m | €0.5m | €0.5m | €0.1m | - | 2025 |
| CORDIER Olen | 1989 | €7.3m | €2.9m | €0.7m | - | €0.1m | - | 2025 |
| LA FINANCIERE WAVRIENNE Wavre | 1992 | €6.4m | €3.4m | €0.6m | €0.8m | €0.3m | - | 2025 |
| L2 IMMO Sint-Martens-Latem | 1991 | €6.4m | €3.6m | €0.5m | - | -€0.3m | 0.3 | 2025 |
| JOLIVER Oostende | 1990 | €7.3m | €2.7m | €0.6m | - | €0.09m | - | 2025 |
They were chosen from the 7,230 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
3 directors, 1 in day-to-day management, last change in 2023
Board 3
Farkas Itzhak
Current
Massey Annette
Current
Director (not named in the articles) · since 28-06-2023 · listed in the 2025 annual accounts, filed on 06-08-2026
Farkas Ithzak
Current
Director (not named in the articles) · in office according to the act of 18-07-2023
Day-to-day management 1
Farkas Ithzak
Current
Managing director · in office according to the act of 18-07-2023
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Farkas Itzhak |
|
| Farkas Ithzak |
|
| Massey Annette |
|
The board according to the articles of association
Board and representation
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Two directors jointly
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Raad van bestuur, hoogstens zes jaar”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Een of meer, bestuursorgaan in functie als college van vereffenaars bij gebrek aan benoeming”“Alle verrichtingen vermeld in de wet, algemene vergadering bij gewone meerderheid anders”
Articles of association, deed of 18-07-2023
Owners and capital
Capital transactions
Capital over time
- 18-07-2023 Capital stated in the deed · €257,973.38 · 250 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Register aandelen op naam op vennootschapszetel, op elk ogenblik op kosten aandeelhouder omzetting op naam vragen”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Vrij over onder levenden of bij overlijden”
Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 18-07-2023 (in Dutch)
Group and network
Connections & network
3 current directorsThe network starts from the directors of DANAR. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
06-08
financial year 2025 · full format · 6 days late
2025
31-12
Financial
Back to profitnet €52,556
The net result is €52,556, after one loss-making year.
29-09
financial year 2024 · abbreviated format · 60 days late
10-06
Gazette deed
Registered officeRegistered-office move · Director in office3 points ▸
Gazette deed
Registered office
Registered-office move · Director in office3 points ▸
- Registered-office move, Kloosterstraat 11, 2000 Antwerpen
- Board meeting, 19-03-2025
- Director in office, Itzhak Farkas (director)
2024
07-08
financial year 2023 · abbreviated format · 7 days late
2023
18-09
financial year 2022 · abbreviated format · 49 days late
18-07
Gazette deed
Resignations: Farkas Ithzak (director) and Massey Annette (director)Reappointments: Farkas Ithzak (director) and Massey Annette (director) · Amendment of the articles · Capital13 points ▸
Gazette deed
Resignations: Farkas Ithzak (director) and Massey Annette (director)
Reappointments: Farkas Ithzak (director) and Massey Annette (director) · Amendment of the articles · Capital13 points ▸
- General meeting, 28-06-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €257,973.38
- Director resignation, Farkas Ithzak (director)
- Director resignation, Massey Annette (director)
- Director reappointment, Farkas Ithzak (director (not named in the articles))
- Director reappointment, Massey Annette (director (not named in the articles))
- Director discharge, Farkas Ithzak
- Director discharge, Massey Annette
- Registered office clause, “Kloosterstraat 164,2000 Antwerpen” (deed in Dutch)
- Board meeting, “ontslag en onmiddellijke herbenoeming gedelegeerd bestuurder, raad van bestuur” (deed in Dutch)
- Director resignation, Farkas Ithzak (managing director)
- The act holds 1 more point.
2022
31-12
Financial
Back to profitnet €419,020
The net result is €419,020, after one loss-making year.
31-12
Financial
Equity above €500,000equity €635,471 ▲194%
Equity rises from €216,452 to €635,471.
29-08
financial year 2021 · micro format · 29 days late
2021
28-10
financial year 2020 · micro format · 89 days late
2020
31-12
Financial
Back to profitnet €14,530
The net result is €14,530, after 2 loss-making years.
Show earlier events
31-07
financial year 2019 · micro format
2019
31-12
Financial
Weakest financial yearnet -€115,706
The net result drops to -€115,706, the lowest from 2018 to 2025. It recovers the following year.
02-08
financial year 2018 · micro format · 2 days late
2018
31-08
financial year 2017 · micro format · 31 days late
2017
16-06
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordName
DANAR in Dutch
Enterprise number
0447.722.306
Legal form
Public limited company
Status
Active, normale toestand
Founded
23-06-1992
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-07-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
DANAR
deed of 18-07-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, overbrenging naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands taalgebied door…”
deed of 18-07-2023 (in Dutch)Registered office and establishments
Registered office
Kloosterstraat 11, 2000 Antwerpen, Belgium
Establishments
1 establishment unit since 1993
Activities
NACEBEL 202568201
Renting and operating of own or leased residential real estate, excluding social housing main activity
Invoicing and payment
VAT number
BE 0447.722.306
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of May at 18:00
deed of 18-07-2023 (in Dutch)The scores and ratios are Checked's own calculations, not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
875500EGXZFTSPALTC38
Environmental permits
11 applications in Flanders since 2018 · 5 granted · 2 refused
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
The 10 most recent of 11 applications.
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
1 establishment unit
Kloosterstraat 11, 2000 Antwerpen
since 1993unit number 2.064.792.478
Buildings and parcels at the address
Ground area
60 m²
Building footprint
56 m²
Building volume
476 m³
Parcel 11804D3218/00B000, Flanders · tallest building 14.4 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11804D3218/00B000 | Flanders | 60 m² | 1 · 56 m² | 14.4 m · 3 |