DANNEMARK
ActiveDANNEMARK has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.02M and a net result of €201k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 35% of 144 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability73▼-2
Solvency42▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.04 in 2025; short-term debt: 78.9% and cash: 3.6% of total assets), and 83.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 47
higher
← 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 2026Solvency, return and age of the figures
Solvency
16.5%
Return on assets
3.3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-09-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
51 d early
2025
35 d early
2024
27 d early
2023
55 d early
2022
53 d early
2021
55 d early
2020
54 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€201k▼ 53.3%
2025 · €431k
2019: €108k
2020: €72k
2021: €50k
2022: €20k
2023: €240k
2024: €94k
2025: €431k
2019 → 2026
Working capital
€305k▲ 9.6%
2025 · €278k
2019: €800k
2020: €722k
2021: €804k
2022: €777k
2023: €594k
2024: €341k
2025: €278k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€1.01M-€1.16M▲ 14.8%€1.03M▼ 11.5%€1.05M▲ 2.0%€1.02M▼ 3.0%
Operating result€64k-€421k▲ 563%€223k▼ 47.0%€666k▲ 198%€347k▼ 47.9%
Net result€20k-€240k▲ 1,108%€94k▼ 60.7%€431k▲ 357%€201k▼ 53.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 48% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €6.15M
Fixed assets
€993k▼ 2.3%
Current assets
€5.16M▼ 29.2%
Equity and liabilities €6.15M
Equity
€1.02M▼ 3.0%
Provisions
€0▼ 100%
Debt
€5.13M▼ 29.2%
The debt ratio falls from 87.4% to 83.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€605k▼
2025 · €877k
Cash flow
€459k▼
2025 · €642k
Solvency
16.5%▲
2025 · 12.6%
Current ratio
1.06▲
2025 · 1.04
Quick ratio
0.31▼
2025 · 0.37
Debt / equity
5.05▼
2025 · 6.92
ROE
19.8%▼
2025 · 41.1%
ROA
3.3%▼
2025 · 5.2%
Interest coverage
8.98▼
2025 · 9.86
Debt
€5.13M▼
2025 · €7.25M
Debt ≤ 1 year
€4.85M▼
2025 · €7.00M
Debt > 1 year
€278k▲
2025 · €236k
Income taxes
€82k▼
2025 · €152k
Staff costs
€1.17M▲
2025 · €1.05M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€8.30M€6.15M▼
Fixed assets21/28€1.02M€993k▼
Intangible fixed assets21€14k€12k▼
Tangible fixed assets22/27€958k€971k▲
Land and buildings22€94k€85k▼
Plant, machinery and equipment23€783k€774k▼
Furniture and vehicles24€80k€112k▲
Financial fixed assets28€45k€10k▼
Current assets29/58€7.28M€5.16M▼
Stocks and contracts in progress3€4.68M€3.64M▼
Stocks30/36€4.68M€3.64M▼
Amounts receivable within one year40/41€2.26M€1.22M▼
Trade receivables40€2.23M€1.10M▼
Other amounts receivable41€29k€118k▲
Cash at bank and in hand54/58€310k€220k▼
Deferred charges and accrued income490/1€25k€83k▲
Equity and liabilities
Total equity and liabilities10/49€8.30M€6.15M▼
Equity10/15€1.05M€1.02M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€984k€953k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€20k€20k▼
Distributable reserves133€957k€927k▼
Profit (loss) carried forward14€3k€1k▼
Provisions and deferred taxes16€162-
Deferred taxes168€162-
Amounts payable17/49€7.25M€5.13M▼
Amounts payable after more than one year17€236k€278k▲
Financial debts170/4€236k€278k▲
Amounts payable within one year42/48€7.00M€4.85M▼
Current portion of amounts payable after more than one year42€231k€134k▼
Financial debts43€850k€1.05M▲
Credit institutions430/8€850k€1.05M▲
Trade debts44€5.08M€2.77M▼
Suppliers440/4€5.08M€2.77M▼
Taxes, remuneration and social security45€224k€221k▼
Taxes450/3€76k€54k▼
Remuneration and social security454/9€148k€166k▲
Other amounts payable47/48€616k€672k▲
Accrued charges and deferred income492/3€11k€3k▼
Income statement
Code20252026
Non-recurring operating income76A€816€19k▲
Remuneration, social security and pensions62€1.05M€1.17M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€211k€258k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€36k-
Other operating charges640/8€25k€25k▲
Non-recurring operating charges66A€622€10k▲
Gross operating margin9900€1.99M€1.81M▼
Operating profit (loss)9901€666k€347k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€89k€67k▼
Recurring financial charges65€89k€67k▼
Profit (loss) for the period before taxes9903€583k€284k▼
Transfer from deferred taxes780€325€162▼
Income taxes67/77€152k€82k▼
Profit (loss) for the period9904€431k€201k▼
Transfer from tax-exempt reserves789€975€486▼
Profit (loss) for the period to be appropriated9905€432k€202k▼
Appropriation of the result
Profit (loss) to be appropriated9906€433k€204k▼
Profit (loss) brought forward from the previous period14P€1k€3k▲
Transfer from equity791/2-€30k
Transfer to equity691/2€20k-
To other reserves6921€20k-
Profit to be distributed694/7€410k€233k▼
Return on contributions (dividend)694€410k€233k▼
Social balance
Average headcount (FTE)9087-21.0
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2019net €431k ▲357%
Operating result €666k, net result €431k, both a record.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Weakest financial yearnet €20k ▼60.5%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
31-03
Financial
Equity above €1MEq €1.01M ▲2%
4 profitable years in a row build equity to €1.01M.
2021
06-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
14-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Waimes · 1 establishment unit since 1975
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Hottleux 274950 WaimesGround area
1.2 ha
Building footprint
1,998 m²
Parcel 63080M0087/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Hottleux 27, 4950 Waimes
since 19752.012.114.649
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63080M0087/00P000 | Wallonia | 1.2 ha | 1 · 1,998 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
BOLLIEBOOM
BE 0639.853.471
Tienen · Eq €1.01M
DITEC
BE 0449.291.726
Turnhout · Eq €1.01M
MAC - INVER
BE 0415.546.020
Mol · Eq €1.00M
KINGS PROBABLY GOOD
BE 0667.975.355
Schelle · Eq €997k
BOS
BE 0688.781.162
Aarschot · Eq €996k
Of 4,245 companies in sector 47789 we hold annual accounts for 1,020. 497 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-1975
Fiscal year end31-03
Activities, NACEBEL
46630Wholesale trade
47789Other retail sale of new goods
51820
28300Manufacture of machinery and equipment not elsewhere classified
29310
29321
29322
33120Repair and maintenance of machinery
46610Wholesale trade
51880
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Rapport du conseil d’administration. Approbation des comptes annuels. Affectation du résultat. Décharge aux administra- teurs. Divers. (AOPC-1-10-05410/ 17.09)