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DANSAERT EXPRESS

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Private limited companyfounded 2023active for 3 yearsAntoine Dansaertstraat 185, 1000 Brussel, BelgiumKBO/BCE: BE 0802.770.614

Financials · financial year 2025, micro format

2025 annual accounts filed 45 days after the deadline Filed on 14 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00512289.

Annual accounts 2025 filed on 14-09-2026 at the NBB all 3 filings

Turnover
€373,255▲ 2.1%
2024 · €365,481
EBIT margin
-0.1%▲ 1.7pp
2024 · -1.7%
Net result
-€2,206▲ 72.7%
2024 · -€8,087
Working capital
-€13,965▼ 18.8%
2024 · -€11,759
Multi-year overview
2023 to 2025, 3 financial years
Turnover
€373,255
▲ 2.1% 2025
20232025
Operating result
-€338
▲ 94.7% 2025
20232025
Net result
-€2,206
▲ 72.7% 2025
middle half of the sector
20232025
EBIT margin
-0.1%
▲ 1.7pp 2025
20232025
Equity
-€13,965
▼ 18.8% 2025
lowest quarter of the sector
20232025
Total assets
€49,169
▲ 20.5% 2025
lowest quarter of the sector
20232025
Debt
€63,134
▲ 20.1% 2025
20232025
Working capital
-€13,965
▼ 18.8% 2025
lowest quarter of the sector
20232025
Solvency
-28.4%
▲ 0.4pp 2025
lowest quarter of the sector
20232025
Current ratio
0.78
= 2025
lowest quarter of the sector
20232025
Return on assets (ROA)
-4.5%
▲ 15.3pp 2025
lowest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Turnover€365,481€373,255▲ 2.1%
Operating result-€5,630--€6,386▼ 13.4%-€338▲ 94.7%
Net result-€5,672below the sector's middle half--€8,087below the sector's middle half▼ 42.6%-€2,206within the sector's middle half▲ 72.7%
EBIT margin-1.7%-0.1%▲ 1.7pp
Equity-€3,672below the sector's middle half--€11,759below the sector's middle half▼ 220%-€13,965below the sector's middle half▼ 18.8%
Total assets€34,822below the sector's middle half-€40,817below the sector's middle half▲ 17.2%€49,169below the sector's middle half▲ 20.5%
Debt€38,495-€52,576▲ 36.6%€63,134▲ 20.1%
Working capital-€3,672within the sector's middle half--€11,759below the sector's middle half▼ 220%-€13,965below the sector's middle half▼ 18.8%
Solvency-10.5%below the sector's middle half--28.8%below the sector's middle half▼ 18.3pp-28.4%below the sector's middle half▲ 0.4pp
Current ratio0.90within the sector's middle half-0.78below the sector's middle half▼ 0.130.78below the sector's middle half=
Return on assets (ROA)-16.3%below the sector's middle half--19.8%below the sector's middle half▼ 3.5pp-4.5%below the sector's middle half▲ 15.3pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €338, smaller than the loss of €6,386 in 2024.

Key figures and ratios
2025 value · change against 2024
Quick ratio
0.00▼
2024 · 0.08
Debt ≤ 1 year
€63,134▲
2024 · €52,576
Customer credit
0 days▼
2024 · 4 days
Supplier credit
2 days▲
2024 · 1 day
Staff costs
€74,063▲
2024 · €47,396
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€40,817€49,169▲
Current assets29/58€40,817€49,169▲
Stocks and contracts in progress3€36,502€48,917▲
Stocks30/36€36,502€48,917▲
Amounts receivable within one year40/41€4,279€252▼
Other amounts receivable41€4,279€252▼
Cash at bank and in hand54/58€36€0▼
Equity and liabilities
Total equity and liabilities10/49€40,817€49,169▲
Equity10/15-€11,759-€13,965▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€13,759-€15,965▼
Amounts payable17/49€52,576€63,134▲
Amounts payable within one year42/48€52,576€63,134▲
Trade debts44€880€1,580▲
Suppliers440/4€880€1,580▲
Taxes, remuneration and social security45€51,696€61,554▲
Taxes450/3€5,048€16,532▲
Remuneration and social security454/9€46,649€45,022▼
Income statement Code20242025
Turnover70€365,481€373,255▲
Goods, raw materials, services and sundry goods60/61€324,099€299,345▼
Remuneration, social security and pensions62€47,396€74,063▲
Other operating charges640/8€372€184▼
Gross operating margin9900€41,383€73,909▲
Operating profit (loss)9901-€6,386-€338▲
Financial income75/76B€111€768▲
Recurring financial income75€111€768▲
Non-recurring financial income76B€111€768▲
Financial charges65/66B€1,813€2,636▲
Recurring financial charges65€1,813€2,636▲
Profit (loss) for the period before taxes9903-€8,087-€2,206▲
Profit (loss) for the period9904-€8,087-€2,206▲
Profit (loss) for the period to be appropriated9905-€8,087-€2,206▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,759-€15,965▼
Profit (loss) brought forward from the previous period14P-€5,672-€13,759▼

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 14-09-2026.

Line202320242025Change
Turnover70-€365,481€373,255▲ 2.1%
Goods, raw materials, services and sundry goods60/61-€324,099€299,345▼ 7.6%
Remuneration, social security and pensions62€24,987€47,396€74,063▲ 56.3%
Other operating charges640/8€224€372€184▼ 50.5%
Gross operating margin9900€19,580€41,383€73,909▲ 78.6%
Operating profit (loss)9901-€5,630-€6,386-€338▲ 94.7%
Financial income75/76B-€111€768▲ 593%
Recurring financial income75-€111€768▲ 593%
Non-recurring financial income76B-€111€768▲ 593%
Financial charges65/66B€42€1,813€2,636▲ 45.4%
Recurring financial charges65€42€1,813€2,636▲ 45.4%
Profit (loss) for the period before taxes9903-€5,672-€8,087-€2,206▲ 72.7%
Profit (loss) for the period9904-€5,672-€8,087-€2,206▲ 72.7%
Profit (loss) for the period to be appropriated9905-€5,672-€8,087-€2,206▲ 72.7%
Line202320242025Change
Assets
Total assets20/58€34,822€40,817€49,169▲ 20.5%
Current assets29/58€34,822€40,817€49,169▲ 20.5%
Stocks and contracts in progress3€27,912€36,502€48,917▲ 34.0%
Stocks30/36€27,912€36,502€48,917▲ 34.0%
Amounts receivable within one year40/41€6,644€4,279€252▼ 94.1%
Other amounts receivable41€6,644€4,279€252▼ 94.1%
Cash at bank and in hand54/58€266€36€0▼ 100.0%
Equity and liabilities
Total equity and liabilities10/49€34,822€40,817€49,169▲ 20.5%
Equity10/15-€3,672-€11,759-€13,965▼ 18.8%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14-€5,672-€13,759-€15,965▼ 16.0%
Amounts payable17/49€38,495€52,576€63,134▲ 20.1%
Amounts payable within one year42/48€38,495€52,576€63,134▲ 20.1%
Trade debts44€14,039€880€1,580▲ 79.5%
Suppliers440/4€14,039€880€1,580▲ 79.5%
Taxes, remuneration and social security45€24,456€51,696€61,554▲ 19.1%
Taxes450/3€1,428€5,048€16,532▲ 228%
Remuneration and social security454/9€23,027€46,649€45,022▼ 3.5%
Line202320242025Change
Profit (loss) for the period9904-€5,672-€8,087-€2,206▲ 72.7%
Operating cash flow (approximation)-€5,672-€8,087-€2,206▲ 72.7%
Change in cash--€230-€36▲ 84.3%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,555 companies had the same profile as DANSAERT EXPRESS has now. Two years later, 91.6% were still going and 4.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
91.6% was still going
3.6% stopped otherwise
4.6% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of DANSAERT EXPRESS itself is higher: 6.5% within 12 months. It rests on far more data about DANSAERT EXPRESS than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,555 companies, not a prediction for DANSAERT EXPRESS. 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.

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 14-09-2026 2026-00512289 PDF
31-12-2024 micro format 30-10-2025 2025-00563810 PDF
31-12-2023 micro format 17-10-2024 2024-00508858 PDF

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