Skip to content

DANCING WOLVES

Active
Private limited company (pre-2019)founded 2006active for 20 yearsMoriaanshoofd 27, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0879.133.764
Summary

The computed 12-month bankruptcy probability of DANCING WOLVES is 1.6% (moderate). The 2025 annual accounts show equity of €402,652 and a net result of €17,605. Equity is growing by about 3.6% per year across the filed financial years. Its solvency ranks better than 59% of 4,751 sector peers (NACE 56, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00544217.

Equity
€402,652▼ 13.8%
2024 · €466,997
Total assets
€1.0m▼ 15.9%
2024 · €1.2m
Net result
€17,605▼ 89.5%
2024 · €167,815
Working capital
€216,812▼ 15.5%
2024 · €256,699
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 79% below 2024 and is the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.04m 2025 Net result€0.02m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.08m-€0.09m▲ 21.5%-€0.2m€0.1m€0.06m▼ 39.3%€0.2m▲ 242%€0.2m▼ 7.9%€0.04m▼ 78.9%
Net result€0.05m-€0.06m▲ 29.4%-€0.2mbelow the sector's middle half€0.09mwithin the sector's middle half€0.05mwithin the sector's middle half▼ 47.1%€0.2mabove the sector's middle half▲ 298%€0.2mabove the sector's middle half▼ 8.7%€0.02mwithin the sector's middle half▼ 89.5%
Equity€0.4m-€0.4m▲ 3.9%€0.2mwithin the sector's middle half▼ 48.0%€0.3mwithin the sector's middle half▲ 27.7%€0.3mwithin the sector's middle half▲ 17.5%€0.4mabove the sector's middle half▲ 28.6%€0.5mabove the sector's middle half▲ 17.0%€0.4mabove the sector's middle half▼ 13.8%
Total assets€1.0m-€1.0m▲ 3.2%€0.9mabove the sector's middle half▼ 15.0%€1.0mabove the sector's middle half▲ 18.1%€1.0mabove the sector's middle half▼ 3.3%€1.1mabove the sector's middle half▲ 5.4%€1.2mabove the sector's middle half▲ 16.6%€1.0mabove the sector's middle half▼ 15.9%
Debt€0.6m-€0.6m▲ 2.7%€0.7m▲ 5.7%€0.8m▲ 15.1%€0.7m▼ 10.4%€0.7m▼ 5.0%€0.8m▲ 16.3%€0.6m▼ 17.3%
Working capital€0.01m-€0.08m▲ 410%-€0.04mwithin the sector's middle half€0.04mwithin the sector's middle half€0.09mwithin the sector's middle half▲ 140%€0.2mabove the sector's middle half▲ 111%€0.3mabove the sector's middle half▲ 28.6%€0.2mabove the sector's middle half▼ 15.5%
Solvency38.3%-38.5%▲ 0.3pp23.6%within the sector's middle half▼ 15.0pp25.5%within the sector's middle half▲ 1.9pp31.0%within the sector's middle half▲ 5.5pp37.8%within the sector's middle half▲ 6.8pp37.9%within the sector's middle half▲ 0.1pp38.9%within the sector's middle half▲ 1.0pp
Current ratio1.08-1.36▲ 0.270.83within the sector's middle half▼ 0.531.11within the sector's middle half▲ 0.281.31within the sector's middle half▲ 0.201.66within the sector's middle half▲ 0.361.64within the sector's middle half▼ 0.021.76within the sector's middle half▲ 0.12
Return on assets (ROA)5.0%-6.3%▲ 1.3pp-21.8%below the sector's middle half▼ 28.1pp8.4%within the sector's middle half▲ 30.2pp4.6%within the sector's middle half▼ 3.8pp17.4%above the sector's middle half▲ 12.8pp13.6%within the sector's middle half▼ 3.8pp1.7%within the sector's middle half▼ 11.9pp
Staff (FTE)4.3-4.4▲ 2.3%2.8below the sector's middle half▼ 36.4%4.4within the sector's middle half▲ 57.1%6.1within the sector's middle half▲ 38.6%3.9within the sector's middle half▼ 36.1%3.8within the sector's middle half▼ 2.6%5.7within the sector's middle half▲ 50.0%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €533,992 ▼ 7.2%
Current assets €501,653 ▼ 23.6%
Equity and liabilities €1.0m
Equity €402,652 ▼ 13.8%
Debt €632,993 ▼ 17.3%
Debt's share of the balance-sheet total falls from 62.1% to 61.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99,171▼
2024 · €242,095
Cash flow
€76,332▼
2024 · €218,579
Quick ratio
1.65▲
2024 · 1.59
Debt to equity
1.57▼
2024 · 1.64
ROE
4.4%▼
2024 · 35.9%
Interest coverage
3.87▼
2024 · 11.44
Debt ≤ 1 year
€284,841▼
2024 · €399,817
Debt > 1 year
€334,466▼
2024 · €365,154
Income taxes
€9,493▼
2024 · €15,193
Staff costs
€220,849▲
2024 · €168,781
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.3% 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: 1.6% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,042 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 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€1.0m▼
Fixed assets21/28€0.6m€0.5m▼
Tangible fixed assets22/27€0.6m€0.5m▼
Land and buildings22€0.5m€0.5m▼
Plant, machinery and equipment23€0.03m€0.02m▼
Furniture and vehicles24€0.06m€0.05m▼
Financial fixed assets28€235€235=
Current assets29/58€0.7m€0.5m▼
Amounts receivable after more than one year29€0.2m€0.2m=
Other amounts receivable291€0.2m€0.2m=
Stocks and contracts in progress3€0.02m€0.03m▲
Stocks30/36€0.02m€0.03m▲
Amounts receivable within one year40/41€0.3m€0.3m▼
Trade receivables40€0.1m€0.1m▼
Other amounts receivable41€0.2m€0.2m▼
Cash at bank and in hand54/58€0.2m€0.05m▼
Deferred charges and accrued income490/1€0.003m-
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.0m▼
Equity10/15€0.5m€0.4m▼
Contributions10/11€0.2m€0.2m=
Reserves13€0.2m€0.2m▼
Non-distributable reserves130/1€0.02m€0.02m=
Reserves not available under the articles1311€0.02m€0.02m=
Distributable reserves133€0.2m€0.2m▼
Amounts payable17/49€0.8m€0.6m▼
Amounts payable after more than one year17€0.4m€0.3m▼
Financial debts170/4€0.4m€0.3m▼
Amounts payable within one year42/48€0.4m€0.3m▼
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€0.08m€0.08m▲
Suppliers440/4€0.08m€0.08m▲
Advances received on contracts in progress46-€0.02m
Taxes, remuneration and social security45€0.04m€0.05m▲
Taxes450/3€0.03m€0.03m▼
Remuneration and social security454/9€0.01m€0.02m▲
Other amounts payable47/48€0.3m€0.1m▼
Accrued charges and deferred income492/3-€0.01m
Income statement Code20242025
Non-recurring operating income76A€0.01m-
Remuneration, social security and pensions62€0.2m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m€0.06m▲
Other operating charges640/8€0.02m€0.004m▼
Gross operating margin9900€0.4m€0.3m▼
Operating profit (loss)9901€0.2m€0.04m▼
Financial income75/76B€0.01m€0.01m▼
Recurring financial income75€0.01m€0.01m▼
Financial charges65/66B€0.02m€0.03m▲
Recurring financial charges65€0.02m€0.03m▲
Profit (loss) for the period before taxes9903€0.2m€0.03m▼
Income taxes67/77€0.02m€0.009m▼
Profit (loss) for the period9904€0.2m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.02m▼
Transfer from equity791/2-€0.08m
Transfer to equity691/2€0.07m€0.02m▼
To other reserves6921€0.07m€0.02m▼
Profit to be distributed694/7€0.1m€0.08m▼
Return on contributions (dividend)694-€0.08m
Directors or managers695€0.1m-
Social balance sheet
Average headcount (FTE)90873.85.7▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€12,500--
Remuneration, social security and pensions62---€99,159€144,519€163,912€168,781€220,849▲ 30.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85,875€87,678€78,325€63,043€54,669€52,899€50,764€58,726▲ 15.7%
Other operating charges640/8---€4,015€5,972€5,532€15,194€3,993▼ 73.7%
Gross operating margin9900€284,859€322,685-€15,851€266,174€265,850€430,066€426,070€324,012▼ 24.0%
Operating profit (loss)9901€76,790€93,269-€182,990€99,958€60,691€207,723€191,331€40,444▼ 78.9%
Financial income75/76B---€6,715€7,659€8,712€12,839€12,303▼ 4.2%
Recurring financial income75€113€593€480€6,715€7,659€8,712€12,839€12,303▼ 4.2%
Financial charges65/66B---€19,425€22,192€25,104€21,162€25,649▲ 21.2%
Recurring financial charges65€19,808€21,138€17,552€19,425€22,192€25,104€21,162€25,649▲ 21.2%
Profit (loss) for the period before taxes9903€57,094€72,724-€191,173€87,248€46,158€191,331€183,008€27,098▼ 85.2%
Income taxes67/77€6,885€7,760---€7,520€15,193€9,493▼ 37.5%
Profit (loss) for the period9904€50,209€64,964-€191,173€87,248€46,158€183,811€167,815€17,605▼ 89.5%
Profit (loss) for the period to be appropriated9905€50,209€64,964-€191,173€87,248€46,158€183,811€167,815€17,605▼ 89.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.0m€0.9m€1.0m€1.0m€1.1m€1.2m€1.0m▼ 15.9%
Fixed assets21/28€0.8m€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m€0.5m▼ 7.2%
Tangible fixed assets22/27€0.8m€0.7m€0.7m€0.6m€0.6m€0.6m€0.6m€0.5m▼ 7.2%
Land and buildings22---€0.6m€0.6m€0.5m€0.5m€0.5m▼ 5.3%
Plant, machinery and equipment23---€0.03m€0.04m€0.03m€0.03m€0.02m▼ 31.8%
Furniture and vehicles24---€0.008m€0.006m€0.004m€0.06m€0.05m▼ 9.5%
Financial fixed assets28€235€235€235€235€235€235€235€235=
Current assets29/58€0.2m€0.3m€0.2m€0.4m€0.4m€0.5m€0.7m€0.5m▼ 23.6%
Amounts receivable after more than one year29---€0.2m€0.2m€0.2m€0.2m€0.2m=
Other amounts receivable291---€0.2m€0.2m€0.2m€0.2m€0.2m=
Stocks and contracts in progress3€0.02m€0.02m€0.01m€0.01m€0.02m€0.02m€0.02m€0.03m▲ 43.5%
Stocks30/36---€0.01m€0.02m€0.02m€0.02m€0.03m▲ 43.5%
Amounts receivable within one year40/41€0.1m€0.2m€0.2m€0.1m€0.1m€0.2m€0.3m€0.3m▼ 13.8%
Trade receivables40---€0.07m€0.09m€0.08m€0.1m€0.1m▼ 14.7%
Other amounts receivable41---€0.03m€0.05m€0.1m€0.2m€0.2m▼ 13.2%
Cash at bank and in hand54/58€0.07m€0.1m€0.04m€0.1m€0.09m€0.1m€0.2m€0.05m▼ 71.0%
Deferred charges and accrued income490/1---€0.006m€0.01m-€0.003m--
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.0m€0.9m€1.0m€1.0m€1.1m€1.2m€1.0m▼ 15.9%
Equity10/15€0.4m€0.4m€0.2m€0.3m€0.3m€0.4m€0.5m€0.4m▼ 13.8%
Contributions10/11€0.2m€0.2m-€0.2m€0.2m€0.2m€0.2m€0.2m=
Reserves13€0.09m€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m▼ 26.1%
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves not available under the articles1311---€0.02m€0.02m€0.02m€0.02m€0.02m=
Distributable reserves133---€0.08m€0.08m€0.2m€0.2m€0.2m▼ 28.6%
Profit (loss) carried forward14€0.07m€0.07m-€0.1m-€0.06m-€0.01m----
Amounts payable17/49€0.6m€0.6m€0.7m€0.8m€0.7m€0.7m€0.8m€0.6m▼ 17.3%
Amounts payable after more than one year17€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m€0.3m▼ 8.4%
Financial debts170/4---€0.4m€0.4m€0.4m€0.4m€0.3m▼ 8.4%
Amounts payable within one year42/48€0.2m€0.2m€0.2m€0.4m€0.3m€0.3m€0.4m€0.3m▼ 28.8%
Current portion of amounts payable after more than one year42---€0.02m€0.02m€0.02m€0.03m€0.03m▲ 4.6%
Trade debts44€0.08m€0.06m€0.1m€0.04m€0.03m€0.04m€0.08m€0.08m▲ 7.9%
Suppliers440/4---€0.04m€0.03m€0.04m€0.08m€0.08m▲ 7.9%
Advances received on contracts in progress46---€0.01m€0.01m€0.002m-€0.02m-
Taxes, remuneration and social security45---€0.04m€0.01m€0.04m€0.04m€0.05m▲ 13.9%
Taxes450/3---€0.02m€0.001m€0.02m€0.03m€0.03m▼ 2.1%
Remuneration and social security454/9---€0.02m€0.01m€0.02m€0.01m€0.02m▲ 42.5%
Other amounts payable47/48---€0.3m€0.2m€0.2m€0.3m€0.1m▼ 58.0%
Accrued charges and deferred income492/3---€0.007m€0.004m€0.001m-€0.01m-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€50,209€64,964-€191,173€87,248€46,158€183,811€167,815€17,605▼ 89.5%
+ Depreciation and write-downs630€85,875€87,678€78,325€63,043€54,669€52,899€50,764€58,726▲ 15.7%
Operating cash flow (approximation)€136,084€152,643-€112,849€150,292€100,826€236,710€218,579€76,332▼ 65.1%
Investment in fixed assets (approximation)--€24,422-€5,813-€21,090-€22,150-€12,367-€69,421-€17,267▲ 75.1%
Change in cash-€25,154-€57,998€103,871-€54,235€40,646€39,471-€118,480-

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

Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 30-09-2026 2026-00544217
31-12-2024 abbreviated format 27-09-2025 2025-00519719
31-12-2023 abbreviated format 30-09-2024 2024-00490268
31-12-2022 abbreviated format 30-09-2023 2023-00466528
31-12-2021 abbreviated format 17-10-2022 2022-20468468
31-12-2020 abbreviated format 30-10-2021 2021-75900595
31-12-2019 abbreviated format 30-10-2020 2020-66900058
31-12-2018 abbreviated format 30-08-2019 2019-61200119
31-12-2017 abbreviated format 24-09-2018 2018-65600188
31-12-2016 abbreviated format 31-08-2017 2017-52800332

Show all 19 filings

Similar companies · same sector, comparable size

Of the 20,120 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,698. 6,936 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €10,372 awarded · €10,372 paid
Year Entries AwardedPaid
2024 1 €0€10,372
2023 1 €10,372€0
Schemes
2 entries · €10,372 · €10,372 paid · Toerisme Vlaanderen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.