DAPHNE
ActiveThe file of DAPHNE contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 7.7% (elevated). The 2024 annual accounts show equity of €20,040 and a net result of -€764. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 80% of 15862 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▲+30
Solvency100▲+3
Growth32=
Track record60
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 4.4 against 3.6 in 2023; short-term debt: 22.7% and cash: 1.2% of total assets), and 22.7% of the assets are financed with debt.
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Signals
Seven 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.3%
Return on assets
-2.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€764
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€20,040▼ 3.7%
2023 · €20,803
Total assets
€25,938▼ 10.0%
2023 · €28,806
Net result
-€764▲ 99.0%
2023 · -€76,287
Working capital
€20,040▼ 3.7%
2023 · €20,803
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€9,096-€32,023▼ 252%-€16,365▲ 48.9%-€76,106▼ 365%-€579▲ 99.2%
Net result-€10,460€94,610-€16,579-€76,287▼ 360%-€764▲ 99.0%
Equity€19,060▼ 35.4%€113,670▲ 496%€97,091▼ 14.6%€20,803▼ 78.6%€20,040▼ 3.7%
Total assets€182,334▲ 59.3%€162,532▼ 10.9%€154,040▼ 5.2%€28,806▼ 81.3%€25,938▼ 10.0%
Debt€163,274▲ 92.2%€48,862▼ 70.1%€56,949▲ 16.6%€8,002▼ 85.9%€5,898▼ 26.3%
Working capital-€101,307€13,989€18,095▲ 29.4%€20,803▲ 15.0%€20,040▼ 3.7%
Staff (FTE)0.31▲ 233%0.7▼ 30.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2023 Total assets -81% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €579 in 2024 against €76,106 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €25,938
Equity
€20,040 ▼ 3.7%
Debt
€5,898 ▼ 26.3%
Debt's share of the balance-sheet total falls from 27.8% to 22.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
4.40▲
2023 · 3.60
Quick ratio
1.47▲
2023 · 1.44
Debt to equity
0.29▼
2023 · 0.38
ROE
-3.8%▲
2023 · -366.7%
ROA
-2.9%▲
2023 · -264.8%
Debt ≤ 1 year
€5,898▼
2023 · €8,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 12,304 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €30,194 | €18,243 | -€53 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,633 | €20,686 | €20,686 | - | - | - |
| Other operating charges640/8 | - | - | - | €79,703 | €869 | ▼ 98.9% |
| Non-recurring operating charges66A | - | €8,561 | - | - | - | - |
| Gross operating margin9900 | €6,873 | €27,417 | €22,564 | €3,544 | €290 | ▼ 91.8% |
| Operating profit (loss)9901 | -€9,096 | -€32,023 | -€16,365 | -€76,106 | -€579 | ▲ 99.2% |
| Financial income75/76B | - | €126,787 | - | €13 | - | - |
| Recurring financial income75 | - | €126,787 | - | €13 | - | - |
| Non-recurring financial income76B | - | €126,787 | - | - | - | - |
| Financial charges65/66B | - | €154 | €215 | €194 | €185 | ▼ 4.9% |
| Recurring financial charges65 | €1,364 | €154 | €215 | €194 | €185 | ▼ 4.9% |
| Profit (loss) for the period before taxes9903 | -€10,460 | €94,610 | -€16,579 | -€76,287 | -€764 | ▲ 99.0% |
| Profit (loss) for the period9904 | -€10,460 | €94,610 | -€16,579 | -€76,287 | -€764 | ▲ 99.0% |
| Profit (loss) for the period to be appropriated9905 | -€10,460 | €94,610 | -€16,579 | -€76,287 | -€764 | ▲ 99.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €182,334 | €162,532 | €154,040 | €28,806 | €25,938 | ▼ 10.0% |
| Fixed assets21/28 | €120,367 | €99,681 | €78,996 | - | - | - |
| Intangible fixed assets21 | €87,089 | €73,803 | €60,517 | - | - | - |
| Tangible fixed assets22/27 | €33,278 | €25,878 | €18,478 | - | - | - |
| Furniture and vehicles24 | - | €25,878 | €18,478 | - | - | - |
| Current assets29/58 | €61,967 | €62,850 | €75,045 | €28,806 | €25,938 | ▼ 10.0% |
| Stocks and contracts in progress3 | €39,723 | €46,205 | €65,604 | €17,256 | €17,256 | = |
| Stocks30/36 | - | €46,205 | €65,604 | €17,256 | €17,256 | = |
| Amounts receivable within one year40/41 | €18,267 | €14,440 | €9,033 | €11,316 | €8,376 | ▼ 26.0% |
| Trade receivables40 | - | €6,109 | €272 | €2,985 | - | - |
| Other amounts receivable41 | - | €8,331 | €8,760 | €8,331 | €8,376 | ▲ 0.5% |
| Cash at bank and in hand54/58 | €3,977 | €2,206 | €408 | €234 | €306 | ▲ 30.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €182,334 | €162,532 | €154,040 | €28,806 | €25,938 | ▼ 10.0% |
| Equity10/15 | €19,060 | €113,670 | €97,091 | €20,803 | €20,040 | ▼ 3.7% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | - | €18,592 | - | - | - | - |
| Other1109/19 | - | €18,592 | - | - | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€1,392 | €93,219 | €76,640 | €352 | -€411 | ▼ 217% |
| Amounts payable17/49 | €163,274 | €48,862 | €56,949 | €8,002 | €5,898 | ▼ 26.3% |
| Amounts payable within one year42/48 | €163,274 | €48,862 | €56,949 | €8,002 | €5,898 | ▼ 26.3% |
| Trade debts44 | €92,335 | €33,922 | €33,033 | €1,434 | €248 | ▼ 82.7% |
| Suppliers440/4 | - | €33,922 | €33,033 | €1,434 | €248 | ▼ 82.7% |
| Advances received on contracts in progress46 | - | - | €300 | - | - | - |
| Taxes, remuneration and social security45 | - | €14,141 | €10,918 | €6,089 | €2,331 | ▼ 61.7% |
| Taxes450/3 | - | €12,800 | €10,531 | €5,740 | €2,331 | ▼ 59.4% |
| Remuneration and social security454/9 | - | €1,341 | €387 | €349 | - | - |
| Other amounts payable47/48 | - | €799 | €12,699 | €479 | €3,319 | ▲ 593% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,460 | €94,610 | -€16,579 | -€76,287 | -€764 | ▲ 99.0% |
| + Depreciation and write-downs630 | €9,633 | €20,686 | €20,686 | - | - | - |
| Operating cash flow (approximation) | -€827 | €115,296 | €4,107 | -€76,287 | -€764 | ▲ 99.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€1,772 | -€1,798 | -€173 | €72 | ▲ 141% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet -€76,287
Net result drops to -€76,287, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 3.60
Current ratio from 1.32 to 3.60; short-term debt falls from €56,949 to €8,002.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €94,610
Net result €94,610 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.29
Current ratio from 0.38 to 1.29; short-term debt falls from €163,274 to €48,862.
31-12
Financial
Equity above €100,000Eq €113,670 ▲496%
Equity rises from €19,060 to €113,670.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
19-07
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise du Brabant wallon · event 13-07-2021
05-02
Judicial reorganisation
Opening
Tribunal de l’entreprise du Brabant wallon · collective agreement · event 01-02-2021
Show earlier events
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Waterloo · 1 establishment unit since 2000
Ground area
873 m²
Building footprint
180 m²
Volume, LiDAR
1,151 m³
Parcel 25764N0239/00S000, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Avenue des Gémeaux 21, 1410 Waterloo
since 20002.066.137.216
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25764N0239/00S000 | Wallonia | 873 m² | 1 · 180 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
MISS FASHION
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LFA
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Zonhoeve
BE 0896.138.260
Bilzen-Hoeselt · Eq €19,904
Rêve de dentelle
BE 0687.516.697
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KAMALAYA
BE 0650.536.438
Mol · Eq €20,460
Of 1,277 companies in sector 46160 we hold annual accounts for 687. 449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-11-1993
Fiscal year end31-12
Activities, NACEBEL 2025
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451230340
Also
9925:BE0451230340
Registered
13-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.