DARDENNE
ActiveDARDENNE has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €253k and a net result of €-712k. Equity is shrinking by ~32.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 8% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
5
/ 100
Critical▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency8▼-27
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.57 in 2024), and 93.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 670 sector peers (2025).
NBB · sector comparisonPosition among 670 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
53 d late
2023
20 d late
2022
3 d early
2021
31 d late
2020
31 d late
2019
31 d late
← 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
16-09-2026 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
€-712k▼ 47.4%
2024 · €-483k
2018: €179k
2019: €163k
2020: €-105k
2021: €-276k
2022: €-540k
2023: €-545k
2024: €-483k
2018 → 2025
Working capital
€-910k▼ 2.7%
2024 · €-886k
2018: €555k
2019: €603k
2020: €639k
2021: €278k
2022: €-603k
2023: €-1.29M
2024: €-886k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€360k-€385k▲ 7.0%€165k▼ 57.3%€-336k€253k
Operating result€-293k-€-508k▼ 73.5%€-442k▲ 13.0%€-419k▲ 5.1%€-611k▼ 45.6%
Net result€-276k-€-540k▼ 95.6%€-545k▼ 0.8%€-483k▲ 11.3%€-712k▼ 47.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €611k in 2025 against €419k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.29M
Fixed assets
€1.68M▲ 11.2%
Current assets
€1.60M▲ 38.2%
Equity and liabilities €3.71M
Equity
€253k
Debt
€3.46M
Debt finances 93.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€-230k▼
2024 · €7k
Cash flow
€-331k▼
2024 · €-56k
Solvency
6.8%▲
2024 · -11.5%
Current ratio
0.64▲
2024 · 0.57
Quick ratio
0.39▲
2024 · 0.27
Debt / equity
13.68▲
2024 · -9.67
ROE
-281.6%▼
2024 · 143.9%
ROA
-19.2%▼
2024 · -16.6%
Interest coverage
-2.28▼
2024 · 0.09
Debt
€3.46M▲
2024 · €3.25M
Debt ≤ 1 year
€2.51M▲
2024 · €2.05M
Debt > 1 year
€922k▼
2024 · €1.18M
Income taxes
€407▲
2024 · €392
Staff costs
€1.02M▼
2024 · €1.23M
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€2.91M€3.71M▲
Formation expenses20€239k€424k▲
Fixed assets21/28€1.51M€1.68M▲
Intangible fixed assets21€493k€377k▼
Tangible fixed assets22/27€1.02M€1.29M▲
Plant, machinery and equipment23€781k€731k▼
Furniture and vehicles24€22k€24k▲
Leasing and similar rights25€13k€317k▲
Other tangible fixed assets26€201k€220k▲
Financial fixed assets28-€12k
Current assets29/58€1.16M€1.60M▲
Stocks and contracts in progress3€608k€629k▲
Stocks30/36€608k€629k▲
Amounts receivable within one year40/41€496k€468k▼
Trade receivables40€369k€440k▲
Other amounts receivable41€127k€29k▼
Cash at bank and in hand54/58€31k€484k▲
Deferred charges and accrued income490/1€26k€23k▼
Equity and liabilities
Total equity and liabilities10/49€2.91M€3.71M▲
Equity10/15€-336k€253k▲
Contributions10/11€62k€362k▲
Capital10€62k€362k▲
Issued capital100€62k€362k▲
Revaluation surpluses12€901k€901k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-1.30M€-1.02M▲
Investment grants15€0-
Amounts payable17/49€3.25M€3.46M▲
Amounts payable after more than one year17€1.18M€922k▼
Financial debts170/4€977k€922k▼
Other amounts payable178/9€200k€0▼
Amounts payable within one year42/48€2.05M€2.51M▲
Current portion of amounts payable after more than one year42€286k€369k▲
Financial debts43€118k€35k▼
Credit institutions430/8€118k€35k▼
Trade debts44€718k€758k▲
Suppliers440/4€718k€758k▲
Taxes, remuneration and social security45€637k€460k▼
Taxes450/3€132k€107k▼
Remuneration and social security454/9€506k€353k▼
Other amounts payable47/48€287k€892k▲
Accrued charges and deferred income492/3€23k€21k▼
Income statement
Code20242025
Non-recurring operating income76A€25k€3k▼
Remuneration, social security and pensions62€1.23M€1.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€427k€380k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€11k€8k▼
Non-recurring operating charges66A-€-25
Gross operating margin9900€1.25M€802k▼
Operating profit (loss)9901€-419k€-611k▼
Financial income75/76B€22k€113▼
Recurring financial income75€22k€113▼
Financial charges65/66B€85k€101k▲
Recurring financial charges65€85k€101k▲
Profit (loss) for the period before taxes9903€-482k€-711k▼
Income taxes67/77€392€407▲
Profit (loss) for the period9904€-483k€-712k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€-483k€-712k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.30M€-1.02M▲
Profit (loss) brought forward from the previous period14P€-822k€-305k▲
Social balance
Average headcount (FTE)908722.919.3▼
The notes to these accounts (21 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-712k
Net result drops to €-712k, the lowest in the series.
31-12
Financial
Equity above €200kEq €253k
Equity rises from €-336k to €253k.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 53 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 20 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-12-2025
MECALUB HOLDING: Resigned as Director
22-12-2023
NIBSO: Resigned as Director
22-12-2023
NOSHAQ: Resigned as Director
24-03-2017
VRINDTS Mariette: Resigned as Managing director
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 1978
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.
Prolongement de l'Abbaye 604040 HerstalGround area
7,983 m²
Building footprint
3,933 m²
Parcel 62312B0024/00W007, Wallonia. Linked by address, not a title deed.
1 establishment unit
Dardenne S.A.
since 19782.014.637.045
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312B0024/00W007 | Wallonia | 7,982 m² | 1 · 3,933 m² | - |
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.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
B.C.B. Technic
BE 0465.003.548
Diksmuide · Eq €253k
JC Laswerken
BE 0713.710.063
Boom · Eq €252k
AZ+ WELDING
BE 0653.959.449
Maasmechelen · Eq €254k
Fait en Fer
BE 0719.439.694
Roeselare · Eq €254k
Pedro Cokelaere
BE 0740.529.870
Peer · Eq €254k
Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1978
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
25639Manufacture of fabricated metal products, except machinery and equipment
28520
28620
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.