DANAX
ActiveSummary
DANAX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €128,881 and a net result of €18,198. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 232 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability82▲+32
Solvency98▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.75 against 3.08 in 2025; short-term debt: 27.3% and cash: 9% of total assets), and 27.3% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2026Solvency, return and age of the figures
Solvency
72.7%
Return on assets
10.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 15-09-2026, 46 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
46 d early
2025
18 d early
2024
7 d early
2023
32 d early
2020
26 d late
2019
48 d early
2018
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€128,881▲ 16.4%
2025 · €110,683
Total assets
€177,190▲ 11.3%
2025 · €159,207
Net result
€18,198
2025 · -€28,878
Working capital
€84,562▼ 16.0%
2025 · €100,707
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202023202420252026
Operating result€36,952▼ 41.0%€20,154-€50,280▲ 149%€5,517▼ 89.0%€26,372▲ 378%
Net result€33,242▼ 30.4%€13,393-€36,400▲ 172%-€28,878€18,198
Equity€65,517▲ 30.3%€103,161-€139,561▲ 35.3%€110,683▼ 20.7%€128,881▲ 16.4%
Total assets€161,392▲ 30.6%€202,032-€193,099▼ 4.4%€159,207▼ 17.6%€177,190▲ 11.3%
Debt€95,875▲ 30.7%€98,871-€53,538▼ 45.9%€48,524▼ 9.4%€48,309▼ 0.4%
Working capital€39,194▲ 19.1%€70,620-€122,811▲ 73.9%€100,707▼ 18.0%€84,562▼ 16.0%
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 2026; 2026 is 378% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €177,190
Fixed assets
€44,318 ▲ 344%
Current assets
€132,872 ▼ 11.0%
Equity and liabilities €177,190
Equity
€128,881 ▲ 16.4%
Debt
€48,309 ▼ 0.4%
Debt's share of the balance-sheet total falls from 30.5% to 27.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36,730▲
2025 · €13,014
Cash flow
€28,556▲
2025 · -€21,381
Current ratio
2.75▼
2025 · 3.08
Debt to equity
0.37▼
2025 · 0.44
ROE
14.1%▲
2025 · -26.1%
ROA
10.3%▲
2025 · -18.1%
Interest coverage
22.63▼
2025 · 171.24
Debt ≤ 1 year
€48,309▼
2025 · €48,524
Income taxes
€6,551▼
2025 · €34,375
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,581 | €19,371 | €17,273 | €7,497 | €10,358 | ▲ 38.2% |
| Other operating charges640/8 | - | €4,718 | €3,148 | €7,545 | €5,076 | ▼ 32.7% |
| Gross operating margin9900 | €53,806 | €44,243 | €70,701 | €20,559 | €41,806 | ▲ 103% |
| Operating profit (loss)9901 | €36,952 | €20,154 | €50,280 | €5,517 | €26,372 | ▲ 378% |
| Financial income75/76B | - | - | - | €56 | €0 | ▼ 100.0% |
| Recurring financial income75 | €1,673 | - | - | €56 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €83 | €53 | €76 | €1,623 | ▲ 2,036% |
| Recurring financial charges65 | €602 | €83 | €53 | €76 | €1,623 | ▲ 2,036% |
| Profit (loss) for the period before taxes9903 | €38,023 | €20,071 | €50,227 | €5,497 | €24,748 | ▲ 350% |
| Income taxes67/77 | €4,781 | €6,678 | €13,827 | €34,375 | €6,551 | ▼ 80.9% |
| Profit (loss) for the period9904 | €33,242 | €13,393 | €36,400 | -€28,878 | €18,198 | ▲ 163% |
| Profit (loss) for the period to be appropriated9905 | €33,242 | €13,393 | €36,400 | -€28,878 | €18,198 | ▲ 163% |
| Line | 2020 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €161,392 | €202,032 | €193,099 | €159,207 | €177,190 | ▲ 11.3% |
| Fixed assets21/28 | €27,158 | €32,541 | €16,750 | €9,976 | €44,318 | ▲ 344% |
| Tangible fixed assets22/27 | €27,158 | €32,541 | €16,750 | €9,976 | €44,318 | ▲ 344% |
| Plant, machinery and equipment23 | - | €746 | €1,506 | €732 | €53 | ▼ 92.8% |
| Furniture and vehicles24 | - | €31,795 | €15,244 | €9,244 | €44,266 | ▲ 379% |
| Current assets29/58 | €134,234 | €169,491 | €176,349 | €149,231 | €132,872 | ▼ 11.0% |
| Amounts receivable within one year40/41 | €133,864 | €142,757 | €171,068 | €132,902 | €115,336 | ▼ 13.2% |
| Trade receivables40 | - | €138,436 | €170,264 | €111,977 | €92,710 | ▼ 17.2% |
| Other amounts receivable41 | - | €4,321 | €804 | €20,925 | €22,626 | ▲ 8.1% |
| Cash at bank and in hand54/58 | €370 | €24,004 | €3,303 | €15,603 | €15,892 | ▲ 1.9% |
| Deferred charges and accrued income490/1 | - | €2,730 | €1,978 | €726 | €1,644 | ▲ 126% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €161,392 | €202,032 | €193,099 | €159,207 | €177,190 | ▲ 11.3% |
| Equity10/15 | €65,517 | €103,161 | €139,561 | €110,683 | €128,881 | ▲ 16.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | - | - |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €57,457 | €95,101 | €131,501 | €102,623 | €120,821 | ▲ 17.7% |
| Amounts payable17/49 | €95,875 | €98,871 | €53,538 | €48,524 | €48,309 | ▼ 0.4% |
| Amounts payable after more than one year17 | €835 | - | - | - | - | - |
| Amounts payable within one year42/48 | €95,040 | €98,871 | €53,538 | €48,524 | €48,309 | ▼ 0.4% |
| Trade debts44 | €62,407 | €36,968 | €19,585 | €40,612 | €24,708 | ▼ 39.2% |
| Suppliers440/4 | - | €36,968 | €19,585 | €40,612 | €24,708 | ▼ 39.2% |
| Taxes, remuneration and social security45 | - | €30,810 | €33,953 | €7,912 | €22,301 | ▲ 182% |
| Taxes450/3 | - | €14,844 | €16,227 | €7,912 | €6,551 | ▼ 17.2% |
| Remuneration and social security454/9 | - | €15,966 | €17,726 | - | €15,750 | - |
| Other amounts payable47/48 | - | €31,093 | - | - | €1,301 | - |
| Line | 2020 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,242 | €13,393 | €36,400 | -€28,878 | €18,198 | ▲ 163% |
| + Depreciation and write-downs630 | €14,581 | €19,371 | €17,273 | €7,497 | €10,358 | ▲ 38.2% |
| Operating cash flow (approximation) | €47,823 | €32,764 | €53,673 | -€21,381 | €28,556 | ▲ 234% |
| Investment in fixed assets (approximation) | - | - | -€1,482 | -€723 | -€44,700 | ▼ 6,083% |
| Change in cash | - | - | -€20,701 | €12,300 | €289 | ▼ 97.7% |
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 2027, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €18,198
Net result €18,198 after one loss-making year.
2025
13-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€28,878
Net result drops to -€28,878, the lowest in the series; recovery starts the following year.
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €100,000Eq €103,161 ▲57.5%
3 profitable years in a row build equity to €103,161.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 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, Asse · 1 establishment unit since 2015
Ground area
333 m²
Building footprint
77 m²
Volume, LiDAR
2 m³
Parcel 23322E0117/00F002, Flanders · tallest building 0.5 m. Linked by address, not a title deed.
1 establishment unit
DANAX
since 20152.246.738.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0117/00F002 | Flanders | 333 m² | 1 · 77 m² | 0.5 m |
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.
Similar companies · same sector, comparable size
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BE 0739.892.244
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LOUIS Laurent aménagements
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WM CONSTRUCTION
BE 0785.806.205
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FIAS CONSTRUCT
BE 0524.949.944
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 6,159 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
Founded23-10-2015
Fiscal year end31-03
Activities, NACEBEL 2025
43990Other specialised construction activities
53200Other postal and courier activities
81210General cleaning of buildings
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0641834152
Also
9925:BE0641834152
Registered
26-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.