DANFAG
ActiveSummary
DANFAG has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €941,472 and a net result of €6,169. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 85% of 8711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability64▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.69 in 2024; short-term debt: 10.1% and cash: 5.8% of total assets), and 10.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.5%
Return on assets
0.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-01-2026, 94 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
94 d early
2024
69 d early
2023
96 d early
2022
87 d early
2021
93 d early
2020
98 d early
2019
97 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 91 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€941,472▼ 3.0%
2024 · €970,574
Total assets
€1.1m=
2024 · €1.1m
Net result
€6,169▼ 49.9%
2024 · €12,322
Working capital
-€41,470▼ 78.0%
2024 · -€23,294
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€18,672▲ 0.7%€1,942▼ 89.6%€4,604▲ 137%€25,168▲ 447%€14,066▼ 44.1%
Net result€12,430▲ 4.8%€620▼ 95.0%€323▼ 48.0%€12,322▲ 3,719%€6,169▼ 49.9%
Equity€957,309▲ 1.3%€957,929▲ 0.1%€958,252=€970,574▲ 1.3%€941,472▼ 3.0%
Total assets€966,602▲ 1.7%€1.0m▲ 7.1%€1.0m▲ 0.3%€1.1m▲ 1.4%€1.1m=
Debt€9,293▲ 79.9%€77,163▲ 730%€79,530▲ 3.1%€81,659▲ 2.7%€110,604▲ 35.4%
Working capital€35,861▲ 59.9%-€64,620-€50,468▲ 21.9%-€23,294▲ 53.8%-€41,470▼ 78.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€987,744 ▼ 1.2%
Current assets
€64,332 ▲ 22.3%
Equity and liabilities €1.1m
Equity
€941,472 ▼ 3.0%
Debt
€110,604 ▲ 35.4%
Debt's share of the balance-sheet total rises from 7.8% to 10.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25,964▼
2024 · €37,118
Cash flow
€18,067▼
2024 · €24,272
Current ratio
0.61▼
2024 · 0.69
Debt to equity
0.12▲
2024 · 0.08
ROE
0.7%▼
2024 · 1.3%
ROA
0.6%▼
2024 · 1.2%
Interest coverage
5.33▼
2024 · 6.36
Debt ≤ 1 year
€105,802▲
2024 · €75,885
Income taxes
€3,202▼
2024 · €7,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,000 | €6,406 | €11,950 | €11,950 | €11,898 | ▼ 0.4% |
| Other operating charges640/8 | - | €1,188 | €1,467 | €1,494 | €1,523 | ▲ 2.0% |
| Gross operating margin9900 | €20,857 | €9,536 | €18,021 | €38,612 | €27,487 | ▼ 28.8% |
| Operating profit (loss)9901 | €18,672 | €1,942 | €4,604 | €25,168 | €14,066 | ▼ 44.1% |
| Financial income75/76B | - | - | - | - | €174 | - |
| Recurring financial income75 | €10 | - | - | - | €174 | - |
| Financial charges65/66B | - | €1,041 | €4,156 | €5,839 | €4,868 | ▼ 16.6% |
| Recurring financial charges65 | €32 | €1,041 | €4,156 | €5,839 | €4,868 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | €18,650 | €902 | €448 | €19,330 | €9,371 | ▼ 51.5% |
| Income taxes67/77 | €6,220 | €281 | €126 | €7,008 | €3,202 | ▼ 54.3% |
| Profit (loss) for the period9904 | €12,430 | €620 | €323 | €12,322 | €6,169 | ▼ 49.9% |
| Profit (loss) for the period to be appropriated9905 | €12,430 | €620 | €323 | €12,322 | €6,169 | ▼ 49.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €966,602 | €1.0m | €1.0m | €1.1m | €1.1m | = |
| Fixed assets21/28 | €921,448 | €1.0m | €1.0m | €999,642 | €987,744 | ▼ 1.2% |
| Tangible fixed assets22/27 | €3,948 | €106,042 | €94,092 | €82,142 | €70,244 | ▼ 14.5% |
| Plant, machinery and equipment23 | - | €3,885 | €2,685 | €1,485 | €338 | ▼ 77.3% |
| Furniture and vehicles24 | - | €102,157 | €91,407 | €80,657 | €69,907 | ▼ 13.3% |
| Financial fixed assets28 | €917,500 | €917,500 | €917,500 | €917,500 | €917,500 | = |
| Current assets29/58 | €45,154 | €11,550 | €26,189 | €52,591 | €64,332 | ▲ 22.3% |
| Amounts receivable within one year40/41 | €434 | €6,541 | €1,471 | €3 | €2,798 | ▲ 93,173% |
| Trade receivables40 | - | €10 | €1,471 | €3 | - | - |
| Other amounts receivable41 | - | €6,531 | - | - | €2,798 | - |
| Cash at bank and in hand54/58 | €44,720 | €5,009 | €24,719 | €52,588 | €61,534 | ▲ 17.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €966,602 | €1.0m | €1.0m | €1.1m | €1.1m | = |
| Equity10/15 | €957,309 | €957,929 | €958,252 | €970,574 | €941,472 | ▼ 3.0% |
| Contributions10/11 | - | €917,500 | €917,500 | €917,500 | €917,500 | = |
| Reserves13 | €39,809 | €40,429 | €40,752 | €53,074 | €23,972 | ▼ 54.8% |
| Non-distributable reserves130/1 | - | €860 | €860 | - | - | - |
| Reserves not available under the articles1311 | - | €860 | €860 | - | - | - |
| Distributable reserves133 | - | €39,569 | €39,892 | €53,074 | €23,972 | ▼ 54.8% |
| Amounts payable17/49 | €9,293 | €77,163 | €79,530 | €81,659 | €110,604 | ▲ 35.4% |
| Amounts payable within one year42/48 | €9,293 | €76,170 | €76,657 | €75,885 | €105,802 | ▲ 39.4% |
| Trade debts44 | - | €868 | €960 | €968 | €1,538 | ▲ 59.0% |
| Suppliers440/4 | - | €868 | €960 | €968 | €1,538 | ▲ 59.0% |
| Taxes, remuneration and social security45 | - | €3,302 | €5,665 | €9,287 | €3,694 | ▼ 60.2% |
| Taxes450/3 | - | €2,334 | €5,665 | €9,287 | €3,694 | ▼ 60.2% |
| Remuneration and social security454/9 | - | €969 | - | - | - | - |
| Other amounts payable47/48 | - | €72,000 | €70,032 | €65,630 | €100,569 | ▲ 53.2% |
| Accrued charges and deferred income492/3 | - | €993 | €2,873 | €5,774 | €4,802 | ▼ 16.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,430 | €620 | €323 | €12,322 | €6,169 | ▼ 49.9% |
| + Depreciation and write-downs630 | €1,000 | €6,406 | €11,950 | €11,950 | €11,898 | ▼ 0.4% |
| Operating cash flow (approximation) | €13,430 | €7,026 | €12,273 | €24,272 | €18,067 | ▼ 25.6% |
| Investment in fixed assets (approximation) | - | -€108,500 | €0 | €0 | €0 | - |
| Change in cash | - | -€39,711 | €19,710 | €27,869 | €8,946 | ▼ 67.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €323 ▼48%
Net result drops to €323, the lowest in the series; recovery starts the following year.
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €12,430 ▲4.8%
Net result €12,430, the highest in the series.
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity doublescurrent ratio 5.34
Current ratio from 2.44 to 5.34; short-term debt falls from €5,485 to €5,164.
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity triplescurrent ratio 2.44
Current ratio from 0.83 to 2.44; short-term debt falls from €25,136 to €5,485.
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Tongeren-Borgloon · 1 establishment unit since 2016
Ground area
225 m²
Building footprint
363 m²
Volume, LiDAR
2,116 m³
Parcel 73347A0051/00T010, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DANFAG
since 20162.262.508.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73347A0051/00T010 | Flanders | 225 m² | 1 · 363 m² | 11.1 m · 2 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.
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Of 5,712 companies in sector 70100 we hold annual accounts for 3,502. 1,940 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
Founded26-12-2016
Fiscal year end30-09
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.