Summary
DANCA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €496,446 and a net result of -€84,694. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 8211 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
on the day
2023
61 d early
2022
53 d early
2021
65 d early
2020
61 d late
2019
14 d late
← 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 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 8 March (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Erpe-Mere, Finance and insurance sector
Equity
€496,446▼ 14.6%
2024 · €581,140
Net result
-€84,694▼ 259%
2024 · -€23,620
Total assets
€1.5m▲ 61.5%
2024 · €954,551
Solvency
32.2%▼ 28.7pp
2024 · 60.9%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€79,176
Operating result-€60,105▼ 10.6%-€54,374▲ 9.5%-€55,544▼ 2.2%-€48,460▲ 12.8%-€95,993▼ 98.1%
Net result-€26,676below the sector's middle half▼ 227%-€33,336below the sector's middle half▼ 25.0%-€33,823below the sector's middle half▼ 1.5%-€23,620below the sector's middle half▲ 30.2%-€84,694below the sector's middle half▼ 259%
Equity€671,919within the sector's middle half▼ 3.8%€638,583within the sector's middle half▼ 5.0%€604,760within the sector's middle half▼ 5.3%€581,140above the sector's middle half▼ 3.9%€496,446above the sector's middle half▼ 14.6%
Total assets€1.3mwithin the sector's middle half▼ 6.3%€1.2mwithin the sector's middle half▼ 8.5%€1.1mwithin the sector's middle half▼ 7.3%€954,551above the sector's middle half▼ 14.7%€1.5mabove the sector's middle half▲ 61.5%
Debt€469,982▼ 5.5%€425,817▼ 9.4%€406,185▼ 4.6%€298,030▼ 26.6%€1.0m▲ 236%
Working capital€10,252within the sector's middle half▼ 67.1%-€32,263within the sector's middle half-€88,671within the sector's middle half▼ 175%-€200,401below the sector's middle half▼ 126%-€952,363below the sector's middle half▼ 375%
Solvency51.0%within the sector's middle half▲ 1.3pp52.9%within the sector's middle half▲ 2.0pp54.1%within the sector's middle half▲ 1.1pp60.9%within the sector's middle half▲ 6.8pp32.2%within the sector's middle half▼ 28.7pp
Current ratio1.04within the sector's middle half▼ 0.070.89within the sector's middle half▼ 0.150.71within the sector's middle half▼ 0.170.17below the sector's middle half▼ 0.540.03below the sector's middle half▼ 0.14
Return on assets (ROA)-2.0%below the sector's middle half▼ 1.4pp-2.8%below the sector's middle half▼ 0.7pp-3.0%below the sector's middle half▼ 0.3pp-2.5%below the sector's middle half▲ 0.5pp-5.5%below the sector's middle half▼ 3.0pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €95,993 in 2025 against €48,460 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
Fixed assets
€1.5m ▲ 65.1%
Current assets
€32,730 ▼ 20.1%
Equity and liabilities €1.5m
Equity
€496,446 ▼ 14.6%
Provisions
€43,059 ▼ 42.9%
Debt
€1.0m ▲ 236%
Debt's share of the balance-sheet total rises from 31.2% to 65.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-17.1%▼
2024 · -4.1%
Debt ≤ 1 year
€985,092▲
2024 · €241,364
Debt > 1 year
€16,666▼
2024 · €56,666
Income taxes
€0▼
2024 · €16,144
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €79,176 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €32,512 | €34,275 | - | €83,454 | - |
| Remuneration, social security and pensions62 | - | - | €868 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €93,503 | €95,923 | €96,081 | €92,888 | €108,411 | ▲ 16.7% |
| Other operating charges640/8 | - | €5,115 | €8,660 | €7,521 | €7,827 | ▲ 4.1% |
| Gross operating margin9900 | €41,894 | €46,664 | €50,065 | €51,949 | €20,245 | ▼ 61.0% |
| Operating profit (loss)9901 | -€60,105 | -€54,374 | -€55,544 | -€48,460 | -€95,993 | ▼ 98.1% |
| Financial income75/76B | - | €3,364 | €4,513 | €10,702 | €30 | ▼ 99.7% |
| Recurring financial income75 | €6,824 | €3,364 | €4,513 | €1,538 | €30 | ▼ 98.1% |
| Non-recurring financial income76B | - | - | - | €9,164 | - | - |
| Financial charges65/66B | - | €3,212 | €3,535 | €2,041 | €21,053 | ▲ 932% |
| Recurring financial charges65 | €4,714 | €3,212 | €3,535 | €2,041 | €20,926 | ▲ 925% |
| Non-recurring financial charges66B | - | - | - | - | €127 | - |
| Profit (loss) for the period before taxes9903 | -€57,996 | -€54,223 | -€54,565 | -€39,798 | -€117,016 | ▼ 194% |
| Transfer from deferred taxes780 | - | €34,012 | €34,012 | €32,323 | €32,323 | = |
| Income taxes67/77 | €2,693 | €13,126 | €13,270 | €16,144 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | -€26,676 | -€33,336 | -€33,823 | -€23,620 | -€84,694 | ▼ 259% |
| Transfer from tax-exempt reserves789 | - | €66,053 | €66,053 | €62,772 | €62,772 | = |
| Profit (loss) for the period to be appropriated9905 | €39,376 | €32,716 | €32,230 | €39,152 | -€21,922 | ▼ 156% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.1m | €954,551 | €1.5m | ▲ 61.5% |
| Fixed assets21/28 | €1.0m | €957,679 | €897,802 | €913,589 | €1.5m | ▲ 65.1% |
| Tangible fixed assets22/27 | €1.0m | €957,679 | €897,802 | €913,589 | €1.5m | ▲ 65.1% |
| Land and buildings22 | - | €898,073 | €853,311 | €806,957 | €1.4m | ▲ 68.8% |
| Plant, machinery and equipment23 | - | €54,969 | €40,830 | €37,656 | €46,289 | ▲ 22.9% |
| Furniture and vehicles24 | - | €4,637 | €3,661 | €68,976 | €100,082 | ▲ 45.1% |
| Current assets29/58 | €278,116 | €248,437 | €220,848 | €40,963 | €32,730 | ▼ 20.1% |
| Amounts receivable within one year40/41 | €0 | €0 | €0 | €11,966 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €11,966 | - | - |
| Other amounts receivable41 | - | €0 | €0 | - | - | - |
| Current investments50/53 | €233,856 | €218,449 | €209,192 | - | - | - |
| Cash at bank and in hand54/58 | €44,261 | €29,988 | €10,849 | €28,602 | €30,635 | ▲ 7.1% |
| Deferred charges and accrued income490/1 | - | - | €807 | €395 | €2,095 | ▲ 430% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.1m | €954,551 | €1.5m | ▲ 61.5% |
| Equity10/15 | €671,919 | €638,583 | €604,760 | €581,140 | €496,446 | ▼ 14.6% |
| Contributions10/11 | - | €93,000 | €93,000 | €93,000 | €93,000 | = |
| Capital10 | - | - | €93,000 | €93,000 | €93,000 | = |
| Issued capital100 | - | - | €93,000 | €93,000 | €93,000 | = |
| Reserves13 | €360,206 | €294,153 | €228,101 | €165,329 | €102,556 | ▼ 38.0% |
| Non-distributable reserves130/1 | - | €9,300 | €9,300 | €9,300 | €9,300 | = |
| Legal reserve130 | - | - | €9,300 | €9,300 | €9,300 | = |
| Other1319 | - | €9,300 | - | - | - | - |
| Tax-exempt reserves132 | - | €283,562 | €217,509 | €154,737 | €91,965 | ▼ 40.6% |
| Distributable reserves133 | - | €1,291 | €1,291 | €1,291 | €1,291 | = |
| Profit (loss) carried forward14 | €218,713 | €251,430 | €283,660 | €322,812 | €300,890 | ▼ 6.8% |
| Provisions and deferred taxes16 | €175,728 | €141,716 | €107,704 | €75,382 | €43,059 | ▼ 42.9% |
| Deferred taxes168 | - | €141,716 | €107,704 | €75,382 | €43,059 | ▼ 42.9% |
| Amounts payable17/49 | €469,982 | €425,817 | €406,185 | €298,030 | €1.0m | ▲ 236% |
| Amounts payable after more than one year17 | €176,666 | €136,666 | €96,666 | €56,666 | €16,666 | ▼ 70.6% |
| Financial debts170/4 | - | €136,666 | €96,666 | €56,666 | €16,666 | ▼ 70.6% |
| Amounts payable within one year42/48 | €267,864 | €280,701 | €309,519 | €241,364 | €985,092 | ▲ 308% |
| Current portion of amounts payable after more than one year42 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Trade debts44 | €4,861 | €3,902 | €28,376 | - | €3,488 | - |
| Suppliers440/4 | - | €3,902 | €28,376 | - | €3,488 | - |
| Advances received on contracts in progress46 | - | - | €735 | €735 | €4,050 | ▲ 451% |
| Taxes, remuneration and social security45 | - | €12,162 | €11,916 | €15,683 | €5,844 | ▼ 62.7% |
| Taxes450/3 | - | €12,162 | €11,916 | €15,683 | €5,844 | ▼ 62.7% |
| Other amounts payable47/48 | - | €224,638 | €228,493 | €184,946 | €931,710 | ▲ 404% |
| Accrued charges and deferred income492/3 | - | €8,450 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,676 | -€33,336 | -€33,823 | -€23,620 | -€84,694 | ▼ 259% |
| + Depreciation and write-downs630 | €93,503 | €95,923 | €96,081 | €92,888 | €108,411 | ▲ 16.7% |
| Operating cash flow (approximation) | €66,827 | €62,587 | €62,258 | €69,268 | €23,718 | ▼ 65.8% |
| Investment in fixed assets (approximation) | - | -€14,089 | -€36,203 | -€108,675 | -€703,357 | ▼ 547% |
| Change in cash | - | -€14,272 | -€19,139 | €17,753 | €2,033 | ▼ 88.5% |
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
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet -€84,694
Net result drops to -€84,694, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
13-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 197 days late
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 1987
Ground area
1,733 m²
Building footprint
402 m²
Volume, LiDAR
2,486 m³
Parcel 41009B0211/00A006, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Stationsstraat 2, 9420 Erpe-Mere
since 19872.032.606.591
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41009B0211/00A006 | Flanders | 1,733 m² | 1 · 402 m² | 11.6 m · 2 fl. |
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.
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Company details
Identification
Legal formPublic limited company
Founded24-09-1987
Fiscal year end30-09
Activities, NACEBEL 2025
64991Financial service activities, except insurance and pension funding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0432076305
Also
9925:BE0432076305
Registered
19-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.