DAPHCAN
ActiveDAPHCAN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157k and a net result of €8k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 33.64 against 30.53 in 2024; short-term debt: 2.6% and cash: 3.3% of total assets), and 2.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2025Solvency, return and age of the figures
Solvency
97.4%
Return on assets
5.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
14 d early
2023
9 d early
2022
19 d early
2021
16 d early
2020
145 d early
2019
66 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k▼ 25.1%
2024 · €11k
2018: €222k
2019: €7k
2020: €151k
2021: €9k
2022: €6k
2023: €7k
2024: €11k
2018 → 2025
Working capital
€137k▲ 6.2%
2024 · €129k
2018: €311k
2019: €321k
2020: €92k
2021: €102k
2022: €108k
2023: €117k
2024: €129k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€130k▲ 4.5%€137k▲ 5.7%€148k▲ 8.2%€157k▲ 5.7%
Operating result€10k-€4k▼ 56.4%€6k▲ 40.2%€10k▲ 71.8%€7k▼ 32.2%
Net result€9k-€6k▼ 38.2%€7k▲ 34.0%€11k▲ 51.4%€8k▼ 25.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161k
Fixed assets
€20k=
Current assets
€142k▲ 5.9%
Equity and liabilities €161k
Equity
€157k▲ 5.7%
Debt
€4k▼ 11.9%
The debt ratio falls from 3.1% to 2.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €11k
Cash flow
€8k▼
2024 · €12k
Solvency
97.4%▲
2024 · 96.9%
Current ratio
33.64▲
2024 · 30.53
Quick ratio
33.64▲
2024 · 30.53
Debt / equity
0.03▼
2024 · 0.03
ROE
5.4%▼
2024 · 7.6%
ROA
5.2%▼
2024 · 7.3%
Interest coverage
41.75▼
2024 · 58.46
Debt
€4k▼
2024 · €5k
Debt ≤ 1 year
€4k▼
2024 · €4k
Income taxes
€3k▼
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€153k€161k▲
Fixed assets21/28€20k€20k=
Tangible fixed assets22/27€20k€20k=
Land and buildings22€20k€20k=
Current assets29/58€134k€142k▲
Amounts receivable within one year40/41€120k€136k▲
Trade receivables40€932€3k▲
Other amounts receivable41€119k€133k▲
Cash at bank and in hand54/58€13k€5k▼
Equity and liabilities
Total equity and liabilities10/49€153k€161k▲
Equity10/15€148k€157k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€86k€95k▲
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€62k€70k▲
Amounts payable17/49€5k€4k▼
Amounts payable within one year42/48€4k€4k▼
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€4k€4k▼
Taxes450/3€4k€4k▼
Accrued charges and deferred income492/3€398€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€943€0▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€13k€9k▼
Operating profit (loss)9901€10k€7k▼
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€196€170▼
Recurring financial charges65€196€170▼
Profit (loss) for the period before taxes9903€15k€11k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€11k€8k▼
Profit (loss) for the period to be appropriated9905€11k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€8k▼
Transfer to equity691/2€11k€8k▼
To other reserves6921€11k€8k▼
The notes to these accounts (3 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 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €150kEq €157k ▲5.7%
8 profitable years in a row build equity to €157k.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼38.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 23current ratio 27.92
Current ratio from 1.23 to 27.92; short-term debt falls from €408k to €4k.
08-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 20.66
Current ratio from 8.81 to 20.66; short-term debt falls from €40k to €16k.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Menen · 1 establishment unit since 1989
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.
Vagevuurstraat 738930 MenenGround area
504 m²
Building footprint
202 m²
Volume, LiDAR
697 m³
Parcel 34032B0355/00D002, Flanders · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
NV DAPHCAN
since 19892.041.705.983
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032B0355/00D002 | Flanders | 504 m² | 1 · 202 m² | 4.7 m · 1 fl. |
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.
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PAVA Invest
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Imprimerie Guy MOTTIAUX
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,548 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-1988
Fiscal year end31-12
Activities, NACEBEL
74855
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.