Financials
- Fiscal year
- 2024
- Total assets
- €368,931
- Profit
- €81,816
- Solvency
- 25.4%
Turnover▼ 27.2%
Net result
20202022
DANCO MENUISERIE
ActiveSummary
The computed 12-month bankruptcy probability of DANCO MENUISERIE is 4.8% (elevated). The 2024 annual accounts show equity of €93,531 and a net result of €81,816. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 36365 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€368,931total assets 2024
- Equity
- €93,531
- Profit
- €81,816
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 3 deeds read
Why 39- 1 financial year not filed after the legal deadline; latest accounts 81 days late; 3 of the last 3 late- Figures for FY 2024 (filed 20-10-2025)- Founded in 2018+ Size: total assets €368,931Show the evidence
Checked score
Score 2024
39
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 52% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
50+1
equity 25.4% of total assets
Liquidity
12+1
short-term debt 74.6% · cash 1.8%
Profitability
96+28
return on assets 22.2%
Bankruptcy probability, 12 months
4.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 2.6%lowest value
08-2026: 2.8%▲ +9.2% vs 07-2026
09-2026: 3.1%▲ +10.2% vs 08-2026
10-2026: 4.8%▲ +53.6% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 81 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 20-10-2025) raises the probability
- Size: total assets €368,931 lowers the probability for this profile
- Founded in 2018 raises the probability for this profile
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.31 against 1.3 in 2023; short-term debt: 74.6% and cash: 1.8% of total assets), and 74.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 27%, liquidity 7%, profitability 83%, growth against the median 91%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €93,531
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
152 d late
2022
151 d late
2021
202 d late
2020
142 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 146 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2020net €81,816 ▲129%
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 6
- Since
- 2021
- 20-10-2025Annual accounts filed
- 31-12-2024Highest result since 2020
- 30-12-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 18-06-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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