DARO CONSTRUCT
ActiveDARO CONSTRUCT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €931k and a net result of €18k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-4
Solvency70▼-10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.29 against 0.34 in 2024; short-term debt: 18.1% and cash: 0% of total assets), and 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 · 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
45.1%
Return on assets
0.9%
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
83 d early
2023
78 d early
2022
18 d early
2021
12 d early
2020
22 d early
2019
44 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€931k▲ 1.9%
2024 · €914k
2018: €261k
2019: €559k
2020: €602k
2021: €684k
2022: €773k
2023: €843k
2024: €914k
2018 → 2025
Total assets
€2.07M▲ 23.7%
2024 · €1.67M
2018: €2.11M
2019: €2.03M
2020: €1.95M
2021: €1.88M
2022: €1.79M
2023: €1.70M
2024: €1.67M
2018 → 2025
Net result
€18k▼ 75.2%
2024 · €71k
2018: €61k
2019: €75k
2020: €86k
2021: €82k
2022: €89k
2023: €69k
2024: €71k
2018 → 2025
Working capital
€-265k▼ 31.2%
2024 · €-202k
2018: €-444k
2019: €-200k
2020: €-232k
2021: €-197k
2022: €-182k
2023: €-201k
2024: €-202k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€684k-€773k▲ 13.0%€843k▲ 9.0%€914k▲ 8.4%€931k▲ 1.9%
Operating result€131k-€139k▲ 6.3%€122k▼ 12.4%€129k▲ 5.9%€59k▼ 54.5%
Net result€82k-€89k▲ 8.4%€69k▼ 22.1%€71k▲ 2.3%€18k▼ 75.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.07M
Fixed assets
€1.96M▲ 25.0%
Current assets
€110k▲ 4.8%
Equity and liabilities €2.07M
Equity
€931k▲ 1.9%
Debt
€1.14M▲ 49.9%
The debt ratio rises from 45.3% to 54.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€223k▲
2024 · €216k
Cash flow
€181k▲
2024 · €157k
Solvency
45.1%▼
2024 · 54.7%
Current ratio
0.29▼
2024 · 0.34
Quick ratio
0.29▼
2024 · 0.34
Debt / equity
1.22▲
2024 · 0.83
ROE
1.9%▼
2024 · 7.8%
ROA
0.9%▼
2024 · 4.2%
Interest coverage
6.21▲
2024 · 6.15
Debt
€1.14M▲
2024 · €757k
Debt ≤ 1 year
€374k▲
2024 · €306k
Debt > 1 year
€761k▲
2024 · €443k
Income taxes
€5k▼
2024 · €23k
Staff costs
€175
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€1.67M€2.07M▲
Fixed assets21/28€1.57M€1.96M▲
Tangible fixed assets22/27€1.57M€1.96M▲
Land and buildings22€1.52M€1.92M▲
Plant, machinery and equipment23€44k€34k▼
Current assets29/58€105k€110k▲
Amounts receivable within one year40/41€69k€110k▲
Trade receivables40€31k€31k▲
Other amounts receivable41€38k€78k▲
Cash at bank and in hand54/58€36k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€2.07M▲
Equity10/15€914k€931k▲
Contributions10/11€22k€22k=
Revaluation surpluses12€180k€180k=
Reserves13€712k€730k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€710k€728k▲
Amounts payable17/49€757k€1.14M▲
Amounts payable after more than one year17€443k€761k▲
Financial debts170/4€443k€761k▲
Amounts payable within one year42/48€306k€374k▲
Current portion of amounts payable after more than one year42€160k€166k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€17k€10k▼
Suppliers440/4€17k€10k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€128k€194k▲
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62-€175
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€164k▲
Other operating charges640/8€21k€23k▲
Gross operating margin9900€237k€246k▲
Operating profit (loss)9901€129k€59k▼
Financial charges65/66B€35k€36k▲
Recurring financial charges65€35k€36k▲
Profit (loss) for the period before taxes9903€94k€23k▼
Income taxes67/77€23k€5k▼
Profit (loss) for the period9904€71k€18k▼
Profit (loss) for the period to be appropriated9905€71k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€18k▼
Transfer to equity691/2€71k€18k▼
To other reserves6921€71k€18k▼
The notes to these accounts (16 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €18k ▼75.2%
Net result drops to €18k, the lowest in the series.
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €89k ▲8.4%
Operating result €139k, net result €89k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 44 days late
2019
31-12
Financial
Equity above €500kEq €559k ▲114%
2 profitable years in a row build equity to €559k.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
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
5 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, Dendermonde · 1 establishment unit since 1997
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.
Reihagenstraat (BAA) 19200 DendermondeGround area
586 m²
Building footprint
223 m²
Volume, LiDAR
1,275 m³
Parcel 42002C0450/00N002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Daro Construct Bvba
since 19972.080.292.286
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002C0450/00N002 | Flanders | 585 m² | 1 · 222 m² | 9.2 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
4 categoriesDARO CONSTRUCT BV30503
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R.T.A. CONSTRUCT
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Of 2,451 companies in sector 41003 we hold annual accounts for 1,055. 546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-1997
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
45211
41001General construction of residential buildings
45212
45213
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
70311
70322
74142
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.