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DANCAR

Active
Public limited companyfounded 199135 yrs activeAv de la Bonne Fosse 62, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0445.082.124
Summary

DANCAR has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€153,173) and a net result of €24,201. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.22 in 2024; short-term debt: 392.6% and cash: 0.3% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-292.6%
Return on assets
46.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8115 sector peers (2025).
NBB · sector comparison
Position among 8115 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
24 d late
2023
30 d late
2022
13 d late
2021
30 d late
2020
1 d early
2019
92 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 27 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 10 September 1991, DANCAR was incorporated.1 Total assets went from EUR 50,692 in 2018 to EUR 52,341 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€153,173▲ 13.6%
2024 · -€177,374
Total assets
€52,341▲ 3.2%
2024 · €50,731
Net result
€24,201▲ 4.9%
2024 · €23,075
Working capital
-€153,773▲ 13.6%
2024 · -€177,974
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
Line20212022202320242025
Operating result€19,698▼ 19.8%€9,755▼ 50.5%€22,864▲ 134%€23,171▲ 1.3%€24,297▲ 4.9%
Net result€19,622▼ 19.8%€9,667▼ 50.7%€22,768▲ 136%€23,075▲ 1.3%€24,201▲ 4.9%
Equity-€232,884▲ 7.8%-€223,217▲ 4.2%-€200,449▲ 10.2%-€177,374▲ 11.5%-€153,173▲ 13.6%
Total assets€50,939▼ 6.2%€50,683▼ 0.5%€50,756▲ 0.1%€50,731=€52,341▲ 3.2%
Debt€283,823▼ 7.5%€273,900▼ 3.5%€251,205▼ 8.3%€228,105▼ 9.2%€205,514▼ 9.9%
Working capital-€233,136▲ 7.9%-€223,122▲ 4.3%-€201,049▲ 9.9%-€177,974▲ 11.5%-€153,773▲ 13.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2021: €19,698€19,698Net result 2021: €19,622€19,622Operating result 2022: €9,755€9,755Net result 2022: €9,667€9,667Operating result 2023: €22,864€22,864Net result 2023: €22,768€22,768Operating result 2024: €23,171€23,171Net result 2024: €23,075€23,075Operating result 2025: €24,297€24,297Net result 2025: €24,201€24,20120212022202320242025€0€10,000€20,000Operating result 2023: €22,864€22,900Net result 2023: €22,768€22,800Operating result 2024: €23,171€23,200Net result 2024: €23,075€23,100Operating result 2025: €24,297€24,300Net result 2025: €24,201€24,200202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,341
Fixed assets €600 =
Current assets €51,741 ▲ 3.2%
Key figures and ratios
2025 value · change against 2024
Solvency
-292.6%▲
2024 · -349.6%
Current ratio
0.25▲
2024 · 0.22
Quick ratio
0.24▲
2024 · 0.21
Debt to equity
-1.34▼
2024 · -1.29
ROA
46.2%▲
2024 · 45.5%
Debt ≤ 1 year
€205,514▼
2024 · €228,105
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,799 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 3,799 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€50,731€52,341▲
Fixed assets21/28€600€600=
Financial fixed assets28€600€600=
Current assets29/58€50,131€51,741▲
Stocks and contracts in progress3€1,777€1,777=
Stocks30/36€1,777€1,777=
Amounts receivable within one year40/41€48,297€49,797▲
Trade receivables40€22,489€23,989▲
Other amounts receivable41€25,808€25,808=
Cash at bank and in hand54/58€57€167▲
Equity and liabilities
Total equity and liabilities10/49€50,731€52,341▲
Equity10/15-€177,374-€153,173▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Profit (loss) carried forward14-€238,874-€214,673▲
Amounts payable17/49€228,105€205,514▼
Amounts payable within one year42/48€228,105€205,514▼
Trade debts44€4,271€4,272=
Suppliers440/4€4,271€4,272=
Other amounts payable47/48€223,834€201,242▼
Income statement Code20242025
Other operating charges640/8€415-
Gross operating margin9900€23,586€24,297▲
Operating profit (loss)9901€23,171€24,297▲
Financial charges65/66B€96€96=
Recurring financial charges65€96€96=
Profit (loss) for the period before taxes9903€23,075€24,201▲
Profit (loss) for the period9904€23,075€24,201▲
Profit (loss) for the period to be appropriated9905€23,075€24,201▲
Appropriation of the result
Profit (loss) to be appropriated9906-€238,874-€214,673▲
Profit (loss) brought forward from the previous period14P-€261,949-€238,874▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€347€398-€415--
Gross operating margin9900€20,045€10,153€22,864€23,586€24,297▲ 3.0%
Operating profit (loss)9901€19,698€9,755€22,864€23,171€24,297▲ 4.9%
Financial charges65/66B€76€88€96€96€96=
Recurring financial charges65€76€88€96€96€96=
Profit (loss) for the period before taxes9903€19,622€9,667€22,768€23,075€24,201▲ 4.9%
Profit (loss) for the period9904€19,622€9,667€22,768€23,075€24,201▲ 4.9%
Profit (loss) for the period to be appropriated9905€19,622€9,667€22,768€23,075€24,201▲ 4.9%
Line20212022202320242025Change
Assets
Total assets20/58€50,939€50,683€50,756€50,731€52,341▲ 3.2%
Fixed assets21/28€600€600€600€600€600=
Financial fixed assets28€600€600€600€600€600=
Current assets29/58€50,339€50,083€50,156€50,131€51,741▲ 3.2%
Stocks and contracts in progress3€1,777€1,777€1,777€1,777€1,777=
Stocks30/36€1,777€1,777€1,777€1,777€1,777=
Amounts receivable within one year40/41€48,438€48,297€48,297€48,297€49,797▲ 3.1%
Trade receivables40€22,629€22,489€22,489€22,489€23,989▲ 6.7%
Other amounts receivable41€25,809€25,808€25,808€25,808€25,808=
Cash at bank and in hand54/58€124€9€82€57€167▲ 193%
Equity and liabilities
Total equity and liabilities10/49€50,939€50,683€50,756€50,731€52,341▲ 3.2%
Equity10/15-€232,884-€223,217-€200,449-€177,374-€153,173▲ 13.6%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10€61,500€61,500€61,500€61,500€61,500=
Issued capital100€61,500€61,500€61,500€61,500€61,500=
Profit (loss) carried forward14-€294,384-€284,717-€261,949-€238,874-€214,673▲ 10.1%
Amounts payable17/49€283,823€273,900€251,205€228,105€205,514▼ 9.9%
Amounts payable within one year42/48€283,475€273,205€251,205€228,105€205,514▼ 9.9%
Trade debts44€4,271€4,271€4,271€4,271€4,272=
Suppliers440/4€4,271€4,271€4,271€4,271€4,272=
Other amounts payable47/48€279,204€268,934€246,934€223,834€201,242▼ 10.1%
Accrued charges and deferred income492/3€348€695----
Line20212022202320242025Change
Profit (loss) for the period9904€19,622€9,667€22,768€23,075€24,201▲ 4.9%
Operating cash flow (approximation)€19,622€9,667€22,768€23,075€24,201▲ 4.9%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€115€73-€25€110▲ 540%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
13-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
31-12
Financial Weakest financial yearnet €9,667 ▼50.7%
Net result drops to €9,667, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
15-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
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
4 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, Braine-l'Alleud · 1 establishment unit since 1992
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Av de la Bonne Fosse 621420 Braine-l'Alleud
1 establishment unit
DANCAR SA
Av de la Bonne Fosse 34, 1420 Braine-l'AlleudNACE 5010301
since 19922.055.779.495

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 855 companies in sector 46832 we hold annual accounts for 588. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded10-09-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46832Wholesale of timber
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445082124
Also 9925:BE0445082124
Registered 31-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.