DANIEL
Bankruptcy closedInactive since 15-07-2026; last annual accounts for financial year 2023.
Summary
DANIEL was declared bankrupt on 04-03-2025 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed by liquidation by judgment of 14-07-2026, published in the Belgian Official Gazette on 20-07-2026.
Financials · financial year 2023, micro format
Equity
€24,859▲ 858%
2022 · €2,596
Total assets
€292,304▼ 10.5%
2022 · €326,486
Net result
€19,063▲ 634%
2022 · €2,596
Working capital
€42,737
2022 · -€33,802
Trend over the years
2020 to 2023, 4 financial years
The operating result recovers in 2023; 2023 is 10 times 2022 and is the highest 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€25,864
2023
Net result€19,063
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€292,304
2023
Equity€24,859
2023
Debt€267,445
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€42,737
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2020202120222023
Operating result€1,607-€11,851▲ 637%€2,596▼ 78.1%€25,864▲ 896%
Net result-€266-€12,153€2,596▼ 78.6%€19,063▲ 634%
Equity€1,234-€13,387▲ 985%€2,596▼ 80.6%€24,859▲ 858%
Total assets€31,302-€29,270▼ 6.5%€326,486▲ 11×€292,304▼ 10.5%
Debt€30,068-€15,883▼ 47.2%€323,890▲ 20×€267,445▼ 17.4%
Working capital-€2,966-€9,687-€33,802€42,737
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €286,508
Fixed assets
€1,186 ▼ 96.7%
Current assets
€285,323 ▼ 1.6%
Equity and liabilities €292,304
Equity
€24,859 ▲ 858%
Debt
€267,445 ▼ 17.4%
Debt's share of the balance-sheet total falls from 99.2% to 91.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.18▲
2022 · 0.90
Debt to equity
10.76
ROE
76.7%▼
2022 · 100.0%
ROA
6.5%▲
2022 · 0.8%
Debt ≤ 1 year
€242,586▼
2022 · €323,890
Income taxes
€6,801
Staff costs
€290,931
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €290,931 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €500 | €500 | - | - | - |
| Other operating charges640/8 | - | €561 | €2,115 | €4,001 | ▲ 89.2% |
| Gross operating margin9900 | €2,455 | €12,912 | €4,711 | €320,797 | ▲ 68× |
| Operating profit (loss)9901 | €1,607 | €11,851 | €2,596 | €25,864 | ▲ 896% |
| Financial income75/76B | - | €333 | - | - | - |
| Recurring financial income75 | €3 | €333 | - | - | - |
| Financial charges65/66B | - | €31 | - | - | - |
| Recurring financial charges65 | €1,876 | €31 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€266 | €12,153 | €2,596 | €25,864 | ▲ 896% |
| Income taxes67/77 | - | - | - | €6,801 | - |
| Profit (loss) for the period9904 | -€266 | €12,153 | €2,596 | €19,063 | ▲ 634% |
| Profit (loss) for the period to be appropriated9905 | -€266 | €12,153 | €2,596 | €19,063 | ▲ 634% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €31,302 | €29,270 | €326,486 | €292,304 | ▼ 10.5% |
| Formation expenses20 | - | - | - | €5,796 | - |
| Fixed assets21/28 | €4,200 | €3,700 | €36,398 | €1,186 | ▼ 96.7% |
| Tangible fixed assets22/27 | €2,000 | €1,500 | €36,398 | €1,186 | ▼ 96.7% |
| Plant, machinery and equipment23 | - | - | €35,470 | - | - |
| Furniture and vehicles24 | - | €1,500 | €928 | €1,186 | ▲ 27.8% |
| Financial fixed assets28 | €2,200 | €2,200 | - | - | - |
| Current assets29/58 | €27,102 | €25,570 | €290,087 | €285,323 | ▼ 1.6% |
| Stocks and contracts in progress3 | - | - | €247,084 | - | - |
| Stocks30/36 | - | - | €247,084 | - | - |
| Amounts receivable within one year40/41 | €5,169 | €19,731 | €43,004 | €261,258 | ▲ 508% |
| Trade receivables40 | - | €19,225 | - | €235,068 | - |
| Other amounts receivable41 | - | €506 | €43,004 | €26,191 | ▼ 39.1% |
| Cash at bank and in hand54/58 | €21,933 | €5,839 | - | €24,064 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €31,302 | €29,270 | €326,486 | €292,304 | ▼ 10.5% |
| Equity10/15 | €1,234 | €13,387 | €2,596 | €24,859 | ▲ 858% |
| Contributions10/11 | - | €1,500 | - | - | - |
| Reserves13 | - | €11,887 | - | - | - |
| Distributable reserves133 | - | €11,887 | - | - | - |
| Profit (loss) carried forward14 | -€266 | - | €2,596 | €24,859 | ▲ 858% |
| Amounts payable17/49 | €30,068 | €15,883 | €323,890 | €267,445 | ▼ 17.4% |
| Amounts payable within one year42/48 | €30,068 | €15,883 | €323,890 | €242,586 | ▼ 25.1% |
| Trade debts44 | €16,999 | €74 | €307,678 | €174,165 | ▼ 43.4% |
| Suppliers440/4 | - | €74 | €307,678 | €174,165 | ▼ 43.4% |
| Taxes, remuneration and social security45 | - | €10,719 | €16,212 | €68,421 | ▲ 322% |
| Taxes450/3 | - | €10,719 | €16,212 | €68,421 | ▲ 322% |
| Other amounts payable47/48 | - | €5,090 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €24,859 | - |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€266 | €12,153 | €2,596 | €19,063 | ▲ 634% |
| + Depreciation and write-downs630 | €500 | €500 | - | - | - |
| Operating cash flow (approximation) | €234 | €12,653 | €2,596 | €19,063 | ▲ 634% |
| Investment in fixed assets (approximation) | - | €0 | -€32,698 | €35,213 | - |
| Change in cash | - | -€16,094 | - | - | - |
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 (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 20-05-2024 | 2024-00091328 |
| 31-12-2022 | abbreviated format | 18-03-2023 | 2023-00041336 |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20217424 |
| 31-12-2020 | micro format | 28-08-2021 | 2021-59700262 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.