DANCO
ActiveSummary
The computed 12-month bankruptcy probability of DANCO is 11.9% (high). The 2025 annual accounts show equity of €26,311 and a net result of €12,200. Its solvency ranks better than 22% of 9,348 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
- Equity
- €26,311
- Profit
- €12,200
Why 31raises riskFounded in 2024Sector: Construction of residential and non-residential buildings (NACE 41)Ex-officio strike-off in the KBOlowers riskFigures for financial year 2025 (filed 03-07-2026)Show the evidence
Checked score
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 22% on solvency, 10% on liquidity, 32% on profitability and 87% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 39 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
- Registered officeRegistered-office move
- Address struckKBO administration
- Annual accounts filedfinancial year 2025 · micro…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 46% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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).
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 11.9% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 7,976 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €136 | €304 | ▲ 124% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €595 | - |
| Other operating charges640/8 | €250 | €938 | ▲ 275% |
| Non-recurring operating charges66A | - | €1,446 | - |
| Gross operating margin9900 | €14,526 | €23,891 | ▲ 64.5% |
| Operating profit (loss)9901 | €14,140 | €20,607 | ▲ 45.7% |
| Financial income75/76B | €3 | €551 | ▲ 184× |
| Recurring financial income75 | €3 | €551 | ▲ 184× |
| Financial charges65/66B | €154 | €5,692 | ▲ 37× |
| Recurring financial charges65 | €154 | €5,692 | ▲ 37× |
| Profit (loss) for the period before taxes9903 | €13,988 | €15,466 | ▲ 10.6% |
| Income taxes67/77 | €2,877 | €3,267 | ▲ 13.5% |
| Profit (loss) for the period9904 | €11,111 | €12,200 | ▲ 9.8% |
| Profit (loss) for the period to be appropriated9905 | €11,111 | €12,200 | ▲ 9.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €56,226 | €179,849 | ▲ 220% |
| Fixed assets21/28 | €777 | €472 | ▼ 39.2% |
| Tangible fixed assets22/27 | €777 | €472 | ▼ 39.2% |
| Furniture and vehicles24 | €777 | €472 | ▼ 39.2% |
| Current assets29/58 | €55,449 | €179,377 | ▲ 223% |
| Amounts receivable within one year40/41 | €54,782 | €167,882 | ▲ 206% |
| Trade receivables40 | €53,981 | €149,358 | ▲ 177% |
| Other amounts receivable41 | €801 | €18,524 | ▲ 23× |
| Cash at bank and in hand54/58 | €668 | €10,803 | ▲ 16× |
| Deferred charges and accrued income490/1 | - | €692 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €56,226 | €179,849 | ▲ 220% |
| Equity10/15 | €14,111 | €26,311 | ▲ 86.5% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €11,111 | €23,311 | ▲ 110% |
| Distributable reserves133 | €11,111 | €23,311 | ▲ 110% |
| Amounts payable17/49 | €42,114 | €153,538 | ▲ 265% |
| Amounts payable after more than one year17 | €9,020 | €4,163 | ▼ 53.8% |
| Financial debts170/4 | €9,020 | €4,163 | ▼ 53.8% |
| Amounts payable within one year42/48 | €33,094 | €149,375 | ▲ 351% |
| Current portion of amounts payable after more than one year42 | €4,709 | €4,857 | ▲ 3.1% |
| Trade debts44 | €15,442 | €122,862 | ▲ 696% |
| Suppliers440/4 | €15,442 | €122,862 | ▲ 696% |
| Taxes, remuneration and social security45 | €4,864 | €13,385 | ▲ 175% |
| Taxes450/3 | €4,864 | €13,385 | ▲ 175% |
| Other amounts payable47/48 | €8,079 | €8,271 | ▲ 2.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €11,111 | €12,200 | ▲ 9.8% |
| + Depreciation and write-downs630 | €136 | €304 | ▲ 124% |
| Operating cash flow (approximation) | €11,247 | €12,504 | ▲ 11.2% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €10,136 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00248571 |
| 31-12-2024 | micro format | 14-11-2025 | 2025-00566426 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| COLLAER Simon |
|
| Wouter Dankers |
|
Owners and capital
Capital and shareholders
- COLLAER Simon 50 shares · €1,500
- DANKERS Wouter 50 shares · €1,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-03-2024 Incorporation · €3,000
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
05-08
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Registered-office move, Haltestraat 27, 3130 Begijnendijk
- General meeting, 01-07-2026
20-03
Gazette deed
IncorporationAppointments: COLLAER Simon (director) and DANKERS Wouter (director) · Founder · Founding capital8 facts ▸
- Incorporation, “DANCO” (deed in Dutch)
- Founder, COLLAER Simon
- Founder, DANKERS Wouter
- Founding capital, €3,000
- Registered office clause, “3001 Leuven (Heverlee), Celestijnenlaan 21 bus 0301, elke communicatie via dit adres of via voormelde e-mailadressen aan en/of door vennootschap, bestuurders en…” (deed in Dutch)
- Director appointment, COLLAER Simon (director)
- Director appointment, DANKERS Wouter (director)
- Other provision, “afwezigheid beroepsverbod, geen beroepsverbod uitgesproken en geen veroordeling tot bestuurs- of ondernemingsverbod door buitenlands rechtscollege” (deed in Dutch) (2 times)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1007.266.509
Recognitions · licences · registrations
Recognised contractor
2 categories- D General building contractsclass 1, up to €162,000
- D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24007B0389/00P002 | Flanders | 788 m² | 1 · 320 m² | 8.6 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het behangen en schilderen van muren,binnen- en buitengevels,meubilair en andere oppervlakken met betrekking tot het afwerken of verfraaien…” (deed in Dutch)
9 activities (deed in Dutch)
- Het behangen en schilderen van muren,binnen- en buitengevels,meubilair en andere oppervlakken met betrekking tot het afwerken of verfraaien van roerende en onroerende goederen,alsook het bouwen en plaatsen van stellingen.
- Vloerwerken in de ruime zin van het woord waaronder het uitbreken van bestaande vloeren,het leggen en invoegen van tegels en andere grondbedekking.
- Het plaatsen van sanitaire voorzieningen,volledige badkamers met alle toebehoren,het leggen,herstellen en reinigen van sanitaire leidingen en het uitvoeren van loodgieterij-activiteiten.
- Het uitvoeren van plak- en pleisterwerken,stucwerken,het bezetten van muren en plafonds.
- Het tot stand brengen van gyprocwanden,-profielen,-platen en -plafonds,
- Binnenschrijnwerkerij in de ruime zin van het woord.
- Elektriciteitswerken in de ruime zin van het woord
- Loodgieterswerk in de ruime zin van het woord
- Bouwen van gebouwen,ontwikkelen van bouwprojecten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bestuur Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot verwezenlijking…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, al dan niet aandeelhouder” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, handelingen waarvoor volgens wet alleen algemene vergadering bevoegd is” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 100” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluiten over ontbinding of in agenda aangekondigde maatregelen om continuïteit te vrijwaren, bestuursorgaan moet algemene vergadering…” (deed in Dutch)