Equity
€1.0m ▼ 3.0%
DANNEMARK paid out €233,000 in dividends. That is 116% of the 2026 profit.
DANNEMARK
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €2.0m (2025)
€1.8m▼ 9.2%
peak €430,582 (2025)
€201,167▼ 53.3%
peak €1.2m (2023)
€1.0m▼ 3.0%
€5.1m▼ 29.2%
peak 21.5 FTE (2009)
21 FTE
Board7 names since 2020
4 directorsLOISELET IMMO and 3 others
Owners3 names in the annual accounts
50%LOISELET IMMO and 1 other
Documentsfilings and deeds
10-09-202651 days before the deadline
2026financial year
Result from €430,582 to €201,167Dividend €233,000Debts from €7.2m to €5.1m
Key points
from the 2026 annual accountsResult
€201,167 ▼ 53.3%
The result fell in 2026 from €430,582 to €201,167.
Turnover
≈ €4.8m estimated
The accounts state no turnover.
Debts
€5.1m 83% of the balance sheet
Financial debts 26%Suppliers 54%Taxes and wages 4%Other 16%
Of this, €4.9m falls due within a year.
Staff
21 employees on 31-03-2026
In 2026, 8 people joined and 7 left.
Filings
49 annual accounts since 1977
The last five annual accounts were filed 27 to 55 days before the end of the period.
Checked score
66
Healthy
Financially stronger than 33% of small companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,698 companies (NACE 47, small).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.7%▲ +0.2 percentage points vs 09-2025
11-2025: 0.2%▼ -0.5 percentage points vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025lowest value
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026lowest value
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.9%▲ +0.7 percentage points vs 09-2026highest value
11-2026: 0.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.06, cash €219,504
Equity €1.0m (16.5% of total assets)
Sector: Retail trade (NACE 47)
Size: 21 FTE, total assets €6.1m
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 31% of them on solvency, 9% on liquidity, 62% on profitability and 29% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as DANNEMARK has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of DANNEMARK itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for DANNEMARK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.04 in 2025), below the usual 1.5. Short-term debt is 78.9% and cash 3.6% of total assets. 83.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises riskneutral
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 days early
2025
35 days early
2024
27 days early
2023
55 days early
2022
53 days early
2021
55 days early
2020
54 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 10 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- LOISELET IMMO 50%score 93equity €2.8m (2026) · annual accounts 31-03-2026
- MX MANAGEMENT 50%score 93equity €496,915 (2025) · annual accounts 31-03-2026
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0415837614
Purpose change · Amendment of the articles
“La contribution à la constitution et au développement de sociétés par voie d’apports ou d’investissements…” (deed in French) · General meeting of 10-10-2023 · Gazette deed
4 directors appointed, 3 resignations
Resignations: Joseph DANNEMARK, Eloi DANNEMARK and Walter DANNEMARK · Appointments: Michel CREMER (managing director), MX MANAGEMENT (managing director), Steve LOISELET and LOISELET IMMO · Permanent representatives: Xavier DANNEMARK and Olivier LOISELET · General meeting of 06-01-2023 · Gazette deed
3 directors appointed, 3 reappointments
Reappointments: Eloi Dannemark, Walter Dannemark and Joseph Dannemark · Appointments: Eloi Dannemark, Walter Dannemark and Joseph Dannemark · General meeting of 04-09-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DANNEMARK Waimes | €6.1m | €1.8m | 16.5% | 21 |
| Motorkledingcenter België Aartselaar | €5.1m | €3.1m | 84.2% | 26.7 |
| DE WIEUW Antwerp | €3.7m | €1.4m | 12.3% | 20 |
| Servaes Hoogstraten | €4.5m | €1.8m | 48.8% | 13.1 |
| LUCAS CREATIV NAFCO Mol | €4.0m | €1.4m | 9.1% | 20.1 |
| GREEN MACHINE Hannut | €3.6m | €0.9m | 16.3% | 15.2 |
| ARTEEL Y. Rotselaar | €3.4m | €2.0m | 23.7% | 18.6 |
These companies have the same main activity as DANNEMARK: other retail sale of new goods (NACE 47789). They are comparable in size and age: total assets between €3.4m and €5.1m, founded between 1971 and 1993.
Official details
Source: KBO- Status
- Active since 01-07-1975Normal situation
- Activity
- Other retail sale of new goodsNACE 47789and 4 others
- Joint committee
- 149.04Metal trade · annual accounts 31-03-2026
- Establishment unit
- 2.012.114.6494950 Waimes, since 01-07-1975
- Financial year end
- 31 March
- Peppol
- Reachable since 14-11-2025
Annual accounts to 31-03-2026
- €6.1m▼ 25.9%
- Employeeson 31-03-2026
- 21
- Filing
- Filed on 10-09-2026, 51 days before the end of the filing period
Insights on DANNEMARK
DANNEMARK has existed since 1975. The gross margin grew from €819,744 in 2007 to €1.8m in 2026.
In December 2022, three directors stepped down. In January 2023, the Official Gazette published the appointment of Michel CREMER as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DANNEMARK
- What is the company number of DANNEMARK?
- The company number of DANNEMARK is 0415.837.614. The VAT number is the same number with BE in front: BE 0415.837.614.
- Where is DANNEMARK based?
- The registered office is at Rue de Hottleux 27, 4950 Waimes.Company details
- What does DANNEMARK do?
- According to the KBO register, the main activity is other retail sale of new goods (NACE 47789).
- What is the legal form of DANNEMARK?
- DANNEMARK is a public limited company (NV).
- When was DANNEMARK founded?
- DANNEMARK was founded on 01-07-1975.
- Is DANNEMARK still active?
- Yes, DANNEMARK is an active enterprise in the KBO register.
- How many employees does DANNEMARK have?
- DANNEMARK had an average of 21 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does DANNEMARK fall under?
- In its 31-03-2026 annual accounts, DANNEMARK states joint committee 149.04 (Metal trade).
- What is the turnover of DANNEMARK?
- The turnover in financial year 2026 is ≈ €4.8m. This figure is estimated from the gross margin of €1.8m and 31 comparable companies (NACE 477). It probably lies between €3.6m and €6.8m.
- Is DANNEMARK profitable?
- In financial year 2026, DANNEMARK made a profit of €201,167.
- Where can I find the annual accounts of DANNEMARK?
- DANNEMARK filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of DANNEMARK due?
- DANNEMARK must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.