DANOR
ActiveSummary
DANOR has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292,460 and a net result of €25,471. Equity is growing by about 6.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €292,460
- Profit
- €25,471
- Norbert ZIMMERMANNChair
- Bernadette PEIFFERDirector
- David ZIMMERMANNDaily manager
Why 92raises riskFounded in 1993lowers riskSize: total assets €645,131Figures for financial year 2025 (filed 03-04-2026)Legal form: public limited companyShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 42% on solvency, 19% on liquidity, 55% on profitability and 25% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 68 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,834 | €22,172 | €21,723 | €19,326 | €16,726 | €16,129 | €16,774 | €16,934 | ▲ 1.0% |
| Other operating charges640/8 | - | - | - | €8,271 | €7,920 | €8,636 | €8,953 | €9,217 | ▲ 2.9% |
| Gross operating margin9900 | €28,438 | €32,162 | €46,928 | €50,280 | €69,088 | €56,686 | €58,759 | €63,243 | ▲ 7.6% |
| Operating profit (loss)9901 | -€13,208 | €2,386 | €16,825 | €22,683 | €44,441 | €31,921 | €33,032 | €37,092 | ▲ 12.3% |
| Financial charges65/66B | - | - | - | €84 | €43 | €42 | €47 | €73 | ▲ 57.0% |
| Recurring financial charges65 | €71 | €73 | €77 | €84 | €43 | €42 | €47 | €73 | ▲ 57.0% |
| Profit (loss) for the period before taxes9903 | -€13,279 | €2,314 | €16,748 | €22,599 | €44,399 | €31,879 | €32,985 | €37,019 | ▲ 12.2% |
| Transfer from deferred taxes780 | - | - | - | €2,296 | €2,296 | €2,296 | €2,296 | €2,296 | = |
| Income taxes67/77 | - | €844 | €6,268 | €9,398 | €16,501 | €12,258 | €12,635 | €13,844 | ▲ 9.6% |
| Profit (loss) for the period9904 | -€10,924 | €3,765 | €12,776 | €15,496 | €30,193 | €21,917 | €22,646 | €25,471 | ▲ 12.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €4,458 | €4,458 | €4,458 | €4,458 | €4,459 | = |
| Profit (loss) for the period to be appropriated9905 | -€6,351 | €8,224 | €17,234 | €19,955 | €34,651 | €26,375 | €27,105 | €29,930 | ▲ 10.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €712,090 | €711,953 | €729,214 | €726,930 | €674,557 | €623,208 | €631,815 | €645,131 | ▲ 2.1% |
| Fixed assets21/28 | €707,358 | €685,185 | €663,463 | €646,832 | €630,105 | €618,370 | €607,057 | €590,124 | ▼ 2.8% |
| Tangible fixed assets22/27 | €707,358 | €685,185 | €663,463 | €646,832 | €630,105 | €618,370 | €607,057 | €590,124 | ▼ 2.8% |
| Land and buildings22 | - | - | - | €646,832 | €630,105 | €618,370 | €607,057 | €590,124 | ▼ 2.8% |
| Current assets29/58 | €4,732 | €26,768 | €65,751 | €80,098 | €44,452 | €4,838 | €24,758 | €55,007 | ▲ 122% |
| Amounts receivable within one year40/41 | - | - | - | €0 | - | €2,742 | €2,786 | €1,157 | ▼ 58.5% |
| Trade receivables40 | - | - | - | - | - | - | €421 | - | - |
| Other amounts receivable41 | - | - | - | - | - | €2,742 | €2,365 | €1,157 | ▼ 51.1% |
| Cash at bank and in hand54/58 | €4,242 | €26,227 | €65,242 | €79,517 | €43,878 | €1,474 | €21,333 | €53,136 | ▲ 149% |
| Deferred charges and accrued income490/1 | - | - | - | €581 | €573 | €622 | €639 | €714 | ▲ 11.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €712,090 | €711,953 | €729,214 | €726,930 | €674,557 | €623,208 | €631,815 | €645,131 | ▲ 2.1% |
| Equity10/15 | €214,596 | €218,361 | €231,137 | €246,633 | €276,826 | €298,743 | €321,389 | €292,460 | ▼ 9.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €82,144 | €77,686 | €73,227 | €88,669 | €118,710 | €140,252 | €162,794 | €132,935 | ▼ 18.3% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | - | - | - | €62,569 | €58,110 | €53,652 | €49,194 | €44,735 | ▼ 9.1% |
| Distributable reserves133 | - | - | - | €19,900 | €54,400 | €80,400 | €107,400 | €82,000 | ▼ 23.6% |
| Profit (loss) carried forward14 | €70,451 | €78,675 | €95,909 | €95,964 | €96,116 | €96,491 | €96,595 | €97,525 | ▲ 1.0% |
| Provisions and deferred taxes16 | €39,105 | €36,810 | €34,514 | €32,218 | €29,922 | €27,627 | €25,331 | €23,035 | ▼ 9.1% |
| Deferred taxes168 | - | - | - | €32,218 | €29,922 | €27,627 | €25,331 | €23,035 | ▼ 9.1% |
| Amounts payable17/49 | €458,389 | €456,783 | €463,563 | €448,079 | €367,808 | €296,838 | €285,096 | €329,636 | ▲ 15.6% |
| Amounts payable after more than one year17 | €1,980 | €2,570 | €3,950 | €3,950 | €4,070 | €3,950 | €3,950 | €4,140 | ▲ 4.8% |
| Other amounts payable178/9 | - | - | - | €3,950 | €4,070 | €3,950 | €3,950 | €4,140 | ▲ 4.8% |
| Amounts payable within one year42/48 | €456,044 | €454,213 | €459,613 | €441,899 | €363,038 | €292,188 | €279,206 | €323,996 | ▲ 16.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €437,246 | €353,537 | €289,930 | €278,206 | €268,596 | ▼ 3.5% |
| Trade debts44 | €1,000 | €1,000 | €1,136 | €1,254 | €1,000 | €2,259 | €1,000 | €1,000 | = |
| Suppliers440/4 | - | - | - | €1,254 | €1,000 | €2,259 | €1,000 | €1,000 | = |
| Taxes, remuneration and social security45 | - | - | - | €3,398 | €8,501 | €0 | - | - | - |
| Taxes450/3 | - | - | - | €3,398 | €8,501 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0 | - | - | - | €54,400 | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,230 | €700 | €700 | €1,940 | €1,500 | ▼ 22.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,924 | €3,765 | €12,776 | €15,496 | €30,193 | €21,917 | €22,646 | €25,471 | ▲ 12.5% |
| + Depreciation and write-downs630 | €34,834 | €22,172 | €21,723 | €19,326 | €16,726 | €16,129 | €16,774 | €16,934 | ▲ 1.0% |
| Operating cash flow (approximation) | €23,910 | €25,938 | €34,499 | €34,822 | €46,919 | €38,045 | €39,420 | €42,405 | ▲ 7.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,695 | €0 | -€4,394 | -€5,462 | -€1 | ▲ 100.0% |
| Change in cash | - | €21,985 | €39,014 | €14,276 | -€35,639 | -€42,404 | €19,859 | €31,803 | ▲ 60.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-04-2026 | 2026-00072285 |
| 31-12-2024 | micro format | 03-04-2025 | 2025-00062739 |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00142392 |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00204482 |
| 31-12-2021 | micro format | 02-06-2022 | 2022-20043706 |
| 31-12-2020 | micro format | 05-07-2021 | 2021-30700568 |
| 31-12-2019 | micro format | 04-05-2020 | 2020-11400115 |
| 31-12-2018 | micro format | 09-05-2019 | 2019-12600519 |
| 31-12-2017 | micro format | 02-07-2018 | 2018-27100463 |
| 31-12-2016 | micro format | 04-07-2017 | 2017-27000028 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Day-to-day management 2
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Bernadette PEIFFER |
|
| David ZIMMERMANN |
|
| Norbert ZIMMERMANN |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-01
Gazette deed
Reappointments: Norbert ZIMMERMANN, Bernadette PEIFFER and David ZIMMERMANNAppointments: Norbert ZIMMERMANN (président du conseil) and David ZIMMERMANN (daily management delegate) · Amendment of the articles · Capital9 facts ▸
- Amendment of the articles
- Capital, €62,000
- Registered office clause, “4837 Baelen,rue Mitoyenne,23” (deed in French)
- Director reappointment, Norbert ZIMMERMANN (director)
- Director reappointment, Bernadette PEIFFER (director)
- Director reappointment, David ZIMMERMANN (director)
- Director appointment, Norbert ZIMMERMANN (président du conseil)
- Director appointment, Norbert ZIMMERMANN (daily management delegate)
- Director appointment, David ZIMMERMANN (daily management delegate)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63004A0419/00V000 | Wallonia | 4,546 m² | 1 · 2,140 m² | 15.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La société a pour objet la gestion, dans le sens le plus large du terme, l'amélioration et la mise en valeur du portefeuille et du…” (deed in French)
4 activities (deed in French)
- La société a pour objet la gestion, dans le sens le plus large du terme, l'amélioration et la mise en valeur du portefeuille et du patrimoine mobilier et immobilier qui lui sera apporté par ses actionnaires ou qu'elle acquerra autrement ; la gestion, pour compte de tiers, de tous portefeuilles, patrimoines ou avoirs quelconques, mobiliers ou immobiliers.
- La société peut en outre faire toutes opérations commerciales, industrielles, mobilières et immobilières, financières ou civiles ayant un rapport direct ou indirect avec son objet.
- Elle peut notamment s'intéresser par voie d'apport, de souscription, d'intervention financière ou de toute autre manière dans toutes sociétés ou entreprises ayant, en tout ou en partie, un objet similaire ou connexe au sien ou susceptible d'en favoriser l'extension et le développement.
- Elle pourra réaliser son objet, tant en Belgique qu'à l'étranger, de toutes les manières et suivant les modalités qui lui paraîtront les mieux appropriées.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- DANOR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne de langue française, transfert en Région Wallonne de langue française par simple décision du conseil d’administration ou…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Six ans, assemblée générale” (deed in French)“Frais d'exploitation, sauf décision contraire de l'assemblée générale” (deed in French)“Pouvoirs spéciaux déterminés ou mandat général dans le cadre de la gestion journalière à un ou plusieurs directeurs ou mandataires dont il…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, tout actionnaire peut prendre connaissance” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque raison que ce soit et à n'importe quel moment, à défaut liquidation par conseil d'administration en fonction…” (deed in French)“Toutes opérations prévues par la loi, majorité des voix” (deed in French)