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DANCET

Active
Private limited companyfounded 198838 yrs activeOudenaardsesteenweg(Kor) 352, 8500 Kortrijk, BelgiumKBO/BCE: BE 0435.203.663
Summary

DANCET has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €290,828 and a net result of -€13,828. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability15▼-52
Solvency100=
Growth27▼-14
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
short-term debt: 0.4% and cash: 49.5% of total assets, and 0.4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four 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 38 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
99.6%
Return on assets
-4.7%
Age of the figures
21 mo
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
38 d early
2023
41 d early
2022
27 d early
2021
34 d early
2020
33 d early
2019
18 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 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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 1 September 1988, DANCET was incorporated.1 Revenue went from EUR 129,346 in 2018 to EUR 94,515 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Turnover
€94,515▼ 9.4%
2023 · €104,279
EBIT margin
-15.0%▼ 12.2pp
2023 · -2.8%
Net result
-€13,828▼ 391%
2023 · -€2,816
Working capital
€150,090▼ 3.7%
2023 · €155,824
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€84,889▼ 32.5%€108,555▲ 27.9%€98,270▼ 9.5%€104,279▲ 6.1%€94,515▼ 9.4%
Operating result-€9,849€2,626-€7,013-€2,913▲ 58.5%-€14,150▼ 386%
Net result-€9,886below the sector's middle half€2,676within the sector's middle half-€7,097below the sector's middle half-€2,816below the sector's middle half▲ 60.3%-€13,828below the sector's middle half▼ 391%
EBIT margin-11.6%▼ 28.0pp2.4%▲ 14.0pp-7.1%▼ 9.6pp-2.8%▲ 4.3pp-15.0%▼ 12.2pp
Equity€311,894within the sector's middle half▼ 3.1%€314,569above the sector's middle half▲ 0.9%€307,473above the sector's middle half▼ 2.3%€304,656above the sector's middle half▼ 0.9%€290,828above the sector's middle half▼ 4.5%
Total assets€314,797below the sector's middle half▼ 2.8%€315,885within the sector's middle half▲ 0.3%€308,731within the sector's middle half▼ 2.3%€307,583within the sector's middle half▼ 0.4%€291,893within the sector's middle half▼ 5.1%
Debt€2,904▲ 32.5%€1,315▼ 54.7%€1,258▼ 4.4%€2,927▲ 133%€1,065▼ 63.6%
Working capital€159,995within the sector's middle half▼ 3.4%€160,578above the sector's middle half▲ 0.4%€143,455above the sector's middle half▼ 10.7%€155,824above the sector's middle half▲ 8.6%€150,090above the sector's middle half▼ 3.7%
Solvency99.1%above the sector's middle half▼ 0.2pp99.6%above the sector's middle half▲ 0.5pp99.6%above the sector's middle half=99.0%above the sector's middle half▼ 0.5pp99.6%above the sector's middle half▲ 0.6pp
Current ratio56.10above the sector's middle half▼ 21.8254.23above the sector's middle half
Return on assets (ROA)-3.1%below the sector's middle half▼ 9.5pp0.8%within the sector's middle half▲ 4.0pp-2.3%below the sector's middle half▼ 3.1pp-0.9%below the sector's middle half▲ 1.4pp-4.7%below the sector's middle half▼ 3.8pp
above within below the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
-€15,000-€10,000-€5,000€0€5,000Operating result 2020: -€9,849-€9,849Net result 2020: -€9,886-€9,886Operating result 2021: €2,626€2,626Net result 2021: €2,676€2,676Operating result 2022: -€7,013-€7,013Net result 2022: -€7,097-€7,097Operating result 2023: -€2,913-€2,913Net result 2023: -€2,816-€2,816Operating result 2024: -€14,150-€14,150Net result 2024: -€13,828-€13,82820202021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: -€7,013-€7,010Net result 2022: -€7,097-€7,100Operating result 2023: -€2,913-€2,910Net result 2023: -€2,816-€2,820Operating result 2024: -€14,150-€14,200Net result 2024: -€13,828-€13,800202220232024
The operating result stays negative: a loss of €14,150 in 2024 against €2,913 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €291,893
Fixed assets €140,738 ▼ 5.4%
Current assets €151,155 ▼ 4.8%
Equity and liabilities €291,893
Equity €290,828 ▼ 4.5%
Debt €1,065 ▼ 63.6%
Debt's share of the balance-sheet total falls from 1.0% to 0.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€244▼
2023 · €12,273
Cash flow
€79▼
2023 · €12,370
Debt to equity
0.00▼
2023 · 0.01
ROE
-4.8%▼
2023 · -0.9%
Interest coverage
-1.08▼
2023 · 67.42
Debt ≤ 1 year
€1,065▼
2023 · €2,927
A ratio outside any meaningful range has been withheld (balance sheet total €291,893, equity €290,828).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 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% 1.7%
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 75% 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 12,321 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 · 2024 against 2023 · 42 lines
Balance sheet Code20232024
Assets
Total assets20/58€307,583€291,893▼
Fixed assets21/28€148,832€140,738▼
Tangible fixed assets22/27€148,832€140,738▼
Land and buildings22€109,693€106,389▼
Plant, machinery and equipment23€38,886€34,326▼
Furniture and vehicles24€253€23▼
Current assets29/58€158,752€151,155▼
Stocks and contracts in progress3€2,426€2,196▼
Stocks30/36€2,426€2,196▼
Amounts receivable within one year40/41€4,538€3,728▼
Trade receivables40€4,455€2,443▼
Other amounts receivable41€84€1,285▲
Cash at bank and in hand54/58€151,179€144,604▼
Deferred charges and accrued income490/1€609€627▲
Equity and liabilities
Total equity and liabilities10/49€307,583€291,893▼
Equity10/15€304,656€290,828▼
Contributions10/11€18,592€18,592=
Reserves13€303,188€303,188=
Tax-exempt reserves132€32,477€32,477=
Distributable reserves133€270,711€270,711=
Profit (loss) carried forward14-€17,124-€30,952▼
Amounts payable17/49€2,927€1,065▼
Amounts payable within one year42/48€2,927€1,065▼
Trade debts44€680€31▼
Suppliers440/4€680€31▼
Taxes, remuneration and social security45€2,247€1,033▼
Taxes450/3€2,247€1,033▼
Income statement Code20232024
Turnover70€104,279€94,515▼
Goods, raw materials, services and sundry goods60/61€94,405€94,068▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,186€13,907▼
Other operating charges640/8€3,519€3,391▼
Gross operating margin9900€15,791€3,148▼
Operating profit (loss)9901-€2,913-€14,150▼
Financial income75/76B€279€548▲
Recurring financial income75€279€548▲
Financial charges65/66B€182€225▲
Recurring financial charges65€182€225▲
Profit (loss) for the period before taxes9903-€2,816-€13,828▼
Profit (loss) for the period9904-€2,816-€13,828▼
Profit (loss) for the period to be appropriated9905-€2,816-€13,828▼
Appropriation of the result
Profit (loss) to be appropriated9906-€17,124-€30,952▼
Profit (loss) brought forward from the previous period14P-€14,307-€17,124▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€84,889€108,555€98,270€104,279€94,515▼ 9.4%
Goods, raw materials, services and sundry goods60/61-€95,015€94,472€94,405€94,068▼ 0.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,963€12,267€13,814€15,186€13,907▼ 8.4%
Other operating charges640/8-€3,153€3,240€3,519€3,391▼ 3.6%
Gross operating margin9900€3,203€18,045€10,041€15,791€3,148▼ 80.1%
Operating profit (loss)9901-€9,849€2,626-€7,013-€2,913-€14,150▼ 386%
Financial income75/76B-€135€8€279€548▲ 96.4%
Recurring financial income75€134€135€8€279€548▲ 96.4%
Financial charges65/66B-€85€92€182€225▲ 23.8%
Recurring financial charges65€171€85€92€182€225▲ 23.8%
Profit (loss) for the period before taxes9903-€9,886€2,676-€7,097-€2,816-€13,828▼ 391%
Profit (loss) for the period9904-€9,886€2,676-€7,097-€2,816-€13,828▼ 391%
Profit (loss) for the period to be appropriated9905-€9,886€2,676-€7,097-€2,816-€13,828▼ 391%
Line20202021202220232024Change
Assets
Total assets20/58€314,797€315,885€308,731€307,583€291,893▼ 5.1%
Fixed assets21/28€151,899€154,032€164,018€148,832€140,738▼ 5.4%
Tangible fixed assets22/27€151,899€154,032€164,018€148,832€140,738▼ 5.4%
Land and buildings22-€83,831€112,998€109,693€106,389▼ 3.0%
Plant, machinery and equipment23-€69,489€50,538€38,886€34,326▼ 11.7%
Furniture and vehicles24-€711€482€253€23▼ 90.8%
Current assets29/58€162,898€161,853€144,713€158,752€151,155▼ 4.8%
Stocks and contracts in progress3€1,533€2,271€2,331€2,426€2,196▼ 9.5%
Stocks30/36-€2,271€2,331€2,426€2,196▼ 9.5%
Amounts receivable within one year40/41€1,815€4,676€1,578€4,538€3,728▼ 17.9%
Trade receivables40-€4,381€1,119€4,455€2,443▼ 45.2%
Other amounts receivable41-€295€459€84€1,285▲ 1,436%
Cash at bank and in hand54/58€158,977€154,332€140,213€151,179€144,604▼ 4.3%
Deferred charges and accrued income490/1-€574€591€609€627▲ 3.0%
Equity and liabilities
Total equity and liabilities10/49€314,797€315,885€308,731€307,583€291,893▼ 5.1%
Equity10/15€311,894€314,569€307,473€304,656€290,828▼ 4.5%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10-€18,592----
Issued capital100-€18,592----
Reserves13€303,188€303,188€303,188€303,188€303,188=
Non-distributable reserves130/1-€1,859----
Legal reserve130-€1,859----
Tax-exempt reserves132-€32,477€32,477€32,477€32,477=
Distributable reserves133-€268,851€270,711€270,711€270,711=
Profit (loss) carried forward14-€9,886-€7,211-€14,307-€17,124-€30,952▼ 80.8%
Amounts payable17/49€2,904€1,315€1,258€2,927€1,065▼ 63.6%
Amounts payable within one year42/48€2,904€1,275€1,258€2,927€1,065▼ 63.6%
Trade debts44€48-€24€680€31▼ 95.4%
Suppliers440/4--€24€680€31▼ 95.4%
Taxes, remuneration and social security45-€1,275€1,233€2,247€1,033▼ 54.0%
Taxes450/3-€1,275€1,233€2,247€1,033▼ 54.0%
Accrued charges and deferred income492/3-€41----
Line20202021202220232024Change
Profit (loss) for the period9904-€9,886€2,676-€7,097-€2,816-€13,828▼ 391%
+ Depreciation and write-downs630€9,963€12,267€13,814€15,186€13,907▼ 8.4%
Operating cash flow (approximation)€77€14,942€6,717€12,370€79▼ 99.4%
Investment in fixed assets (approximation)--€14,399-€23,800€0-€5,813-
Change in cash--€4,645-€14,119€10,966-€6,575▼ 160%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet -€13,828
Net result drops to -€13,828, the lowest in the series.
31-12
Financial Liquidity triplescurrent ratio 141.97
Current ratio from 54.23 to 141.97; short-term debt falls from €2,927 to €1,065.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €2,676
Net result €2,676 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 126.96
Current ratio from 56.10 to 126.96; short-term debt falls from €2,904 to €1,275.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Highest result since 2018net €20,597 ▲67.4%
Operating result €20,625, net result €20,597, both a record.
Show earlier events
25-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
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 2 acts read
About the unread acts

We know of 2 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
2 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, Kortrijk · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
3,479 m²
Building footprint
453 m²
Volume, LiDAR
1,793 m³
Parcel 34354C0278/00G000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DANCET
Oudenaardsesteenweg(Kor) 352, 8500 KortrijkWater transport
since 19882.040.198.327
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354C0278/00G000 Flanders 3,479 m² 1 · 453 m² 7.4 m · 1 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2023 1 2,000 EUR2,000 EUR
Schemes
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,205 companies in sector 95316 we hold annual accounts for 754. 427 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
Founded01-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
47820Retail sale of motor vehicle parts and accessories
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435203663
Registered 05-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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