Danneco
ActiveSummary
Danneco has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,409 and a net result of €2,735. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 32% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+72
Solvency38▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 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 · 10 filingsDeviation from the deadline
2025
56 d late
2024
9 d early
2023
9 d late
2022
16 d late
2021
13 d late
2020
31 d early
2019
15 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 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€8,409▲ 48.2%
2024 · €5,674
Total assets
€62,842▲ 129%
2024 · €27,403
Net result
€2,735
2024 · -€5,613
Working capital
-€4,072▲ 35.5%
2024 · -€6,313
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,247▼ 11.8%€6,852▲ 111%-€8,536-€6,333▲ 25.8%€2,918
Net result€2,972within the sector's middle half▼ 25.8%€5,260within the sector's middle half▲ 77.0%-€9,219below the sector's middle half-€5,613below the sector's middle half▲ 39.1%€2,735within the sector's middle half
Equity€15,246within the sector's middle half▲ 24.2%€20,506within the sector's middle half▲ 34.5%€11,287within the sector's middle half▼ 45.0%€5,674within the sector's middle half▼ 49.7%€8,409within the sector's middle half▲ 48.2%
Total assets€18,989below the sector's middle half▼ 5.9%€48,762below the sector's middle half▲ 157%€35,310below the sector's middle half▼ 27.6%€27,403below the sector's middle half▼ 22.4%€62,842within the sector's middle half▲ 129%
Debt€3,742▼ 52.6%€28,256▲ 655%€24,023▼ 15.0%€21,729▼ 9.5%€54,433▲ 151%
Working capital€8,987within the sector's middle half▼ 26.8%€9,708within the sector's middle half▲ 8.0%€834within the sector's middle half▼ 91.4%-€6,313within the sector's middle half-€4,072within the sector's middle half▲ 35.5%
Solvency80.3%above the sector's middle half▲ 19.4pp42.1%within the sector's middle half▼ 38.2pp32.0%within the sector's middle half▼ 10.1pp20.7%within the sector's middle half▼ 11.3pp13.4%within the sector's middle half▼ 7.3pp
Current ratio3.40above the sector's middle half▲ 0.851.76within the sector's middle half▼ 1.651.06within the sector's middle half▼ 0.700.66below the sector's middle half▼ 0.400.93within the sector's middle half▲ 0.27
Return on assets (ROA)15.7%above the sector's middle half▼ 4.2pp10.8%within the sector's middle half▼ 4.9pp-26.1%below the sector's middle half▼ 36.9pp-20.5%below the sector's middle half▲ 5.6pp4.4%within the sector's middle half▲ 24.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,918 after a loss of €6,333 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,842
Fixed assets
€12,480 ▼ 17.7%
Current assets
€50,362 ▲ 312%
Equity and liabilities €62,842
Equity
€8,409 ▲ 48.2%
Debt
€54,433 ▲ 151%
Debt's share of the balance-sheet total rises from 79.3% to 86.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6,406▲
2024 · €162
Cash flow
€6,223▲
2024 · €882
Quick ratio
0.25▼
2024 · 0.49
Debt to equity
6.47▲
2024 · 3.83
ROE
32.5%▲
2024 · -98.9%
Interest coverage
16.59▲
2024 · 0.26
Debt ≤ 1 year
€54,433▲
2024 · €18,547
Debt > 1 year
€0▼
2024 · €3,182
Income taxes
€141
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 3,984 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,869 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,291 | €4,332 | €6,368 | €6,495 | €3,488 | ▼ 46.3% |
| Other operating charges640/8 | €1,359 | €1,019 | €109 | €1,285 | €548 | ▼ 57.4% |
| Non-recurring operating charges66A | - | - | - | - | €3,408 | - |
| Gross operating margin9900 | €5,896 | €12,203 | -€2,058 | €1,447 | €10,362 | ▲ 616% |
| Operating profit (loss)9901 | €3,247 | €6,852 | -€8,536 | -€6,333 | €2,918 | ▲ 146% |
| Financial income75/76B | €80 | €134 | €62 | €1,351 | €344 | ▼ 74.5% |
| Recurring financial income75 | €80 | €134 | €62 | €1,351 | €344 | ▼ 74.5% |
| Financial charges65/66B | €57 | €1,200 | €746 | €631 | €386 | ▼ 38.8% |
| Recurring financial charges65 | €57 | €1,200 | €746 | €631 | €386 | ▼ 38.8% |
| Profit (loss) for the period before taxes9903 | €3,269 | €5,786 | -€9,219 | -€5,613 | €2,876 | ▲ 151% |
| Income taxes67/77 | €297 | €526 | - | - | €141 | - |
| Profit (loss) for the period9904 | €2,972 | €5,260 | -€9,219 | -€5,613 | €2,735 | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €2,972 | €5,260 | -€9,219 | -€5,613 | €2,735 | ▲ 149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,989 | €48,762 | €35,310 | €27,403 | €62,842 | ▲ 129% |
| Fixed assets21/28 | €6,259 | €26,219 | €19,851 | €15,169 | €12,480 | ▼ 17.7% |
| Tangible fixed assets22/27 | €6,259 | €26,219 | €19,851 | €15,169 | €12,480 | ▼ 17.7% |
| Plant, machinery and equipment23 | €6,259 | €4,749 | €3,239 | €3,415 | €1,323 | ▼ 61.2% |
| Furniture and vehicles24 | - | €21,470 | €16,612 | €11,753 | €11,157 | ▼ 5.1% |
| Current assets29/58 | €12,730 | €22,543 | €15,459 | €12,234 | €50,362 | ▲ 312% |
| Stocks and contracts in progress3 | €3,912 | €8,495 | €5,659 | €3,054 | €36,956 | ▲ 1,110% |
| Stocks30/36 | €3,912 | €8,495 | €5,659 | €3,054 | €36,956 | ▲ 1,110% |
| Amounts receivable within one year40/41 | €3,491 | €6,726 | €8,950 | €6,451 | €10,941 | ▲ 69.6% |
| Trade receivables40 | €3,477 | €6,726 | €8,950 | €4,167 | €10,941 | ▲ 163% |
| Other amounts receivable41 | €14 | - | - | €2,284 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €4,881 | €7,321 | €849 | €2,729 | €2,210 | ▼ 19.0% |
| Deferred charges and accrued income490/1 | €445 | - | - | - | €255 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,989 | €48,762 | €35,310 | €27,403 | €62,842 | ▲ 129% |
| Equity10/15 | €15,246 | €20,506 | €11,287 | €5,674 | €8,409 | ▲ 48.2% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €5,246 | €10,506 | €10,506 | €10,506 | €10,506 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Other1319 | - | - | - | - | €1,860 | - |
| Distributable reserves133 | €3,386 | €8,646 | €8,646 | €8,646 | €8,646 | = |
| Profit (loss) carried forward14 | - | - | -€9,219 | -€14,833 | -€12,097 | ▲ 18.4% |
| Amounts payable17/49 | €3,742 | €28,256 | €24,023 | €21,729 | €54,433 | ▲ 151% |
| Amounts payable after more than one year17 | - | €15,421 | €9,397 | €3,182 | €0 | ▼ 100% |
| Financial debts170/4 | - | €15,421 | €9,397 | €3,182 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €3,742 | €12,835 | €14,625 | €18,547 | €54,433 | ▲ 193% |
| Current portion of amounts payable after more than one year42 | - | €5,837 | €6,024 | €6,216 | €3,182 | ▼ 48.8% |
| Trade debts44 | €742 | €780 | €2,658 | €5 | €8,937 | ▲ 165,707% |
| Suppliers440/4 | €742 | €780 | €2,658 | €5 | €8,937 | ▲ 165,707% |
| Taxes, remuneration and social security45 | €304 | €871 | €597 | €2,752 | €173 | ▼ 93.7% |
| Taxes450/3 | €304 | €871 | €597 | €2,752 | €173 | ▼ 93.7% |
| Other amounts payable47/48 | €2,696 | €5,347 | €5,347 | €9,575 | €42,141 | ▲ 340% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,972 | €5,260 | -€9,219 | -€5,613 | €2,735 | ▲ 149% |
| + Depreciation and write-downs630 | €1,291 | €4,332 | €6,368 | €6,495 | €3,488 | ▼ 46.3% |
| Operating cash flow (approximation) | €4,263 | €9,592 | -€2,851 | €882 | €6,223 | ▲ 606% |
| Investment in fixed assets (approximation) | - | -€24,292 | €0 | -€1,813 | -€800 | ▲ 55.9% |
| Change in cash | - | €2,440 | -€6,472 | €1,879 | -€519 | ▼ 128% |
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
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 56 days late
2025
31-12
Financial
Back to profitnet €2,735
Net result €2,735 after 2 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Highest result since 2018net €5,260 ▲77%
Operating result €6,852, net result €5,260, both a record.
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4,007
Net result €4,007 after 2 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€10,826
Net result drops to -€10,826, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 15.51
Current ratio from 3.00 to 15.51; short-term debt falls from €8,100 to €570.
Show earlier events
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Meerhout · 1 establishment unit since 2005
Ground area
86 m²
Parcel 13021B1125/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
Danneco
since 20052.148.714.306
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13021B1125/00E000 | Flanders | 86 m² | - | - |
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.
Similar companies · same sector, comparable size
ANTONIO CARS
BE 0768.451.321
Zaventem · Eq €8,418
ADDOULUX
BE 0765.919.918
Machelen (Brab.) · Eq €8,400
IBL Automotive
BE 0797.976.339
Antwerpen · Eq €8,390
FRISON et FILS
BE 0447.974.308
Pecq · Eq €8,388
PRO-TRADING
BE 0781.515.538
Wemmel · Eq €8,384
Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 1,969 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
Founded16-08-2005
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
43222Installation of electric heating, air conditioning, cooling and ventilation
16210Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
43211General electrical installation work
46711Wholesale of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875564362
Also
9925:BE0875564362
Registered
03-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.