DASALO
ActiveSummary
DASALO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€26,132) and a net result of -€5,993. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 5% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.24 in 2024; short-term debt: 293.5% and cash: 0.5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-193.5%
Return on assets
-44.4%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€26,132
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
2 d early
2021
2 d early
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€26,132▼ 29.8%
2024 · -€20,139
Total assets
€13,503▲ 2.5%
2024 · €13,180
Net result
-€5,993▲ 19.4%
2024 · -€7,439
Working capital
-€28,481▼ 12.8%
2024 · -€25,252
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€8,736▲ 2,174%€1,951▼ 77.7%-€1,954-€7,445▼ 281%-€5,950▲ 20.1%
Net result€8,703within the sector's middle half▲ 2,282%€1,912within the sector's middle half▼ 78.0%-€1,893below the sector's middle half-€7,439below the sector's middle half▼ 293%-€5,993below the sector's middle half▲ 19.4%
Equity-€12,719below the sector's middle half▲ 40.6%-€10,807below the sector's middle half▲ 15.0%-€12,700below the sector's middle half▼ 17.5%-€20,139below the sector's middle half▼ 58.6%-€26,132below the sector's middle half▼ 29.8%
Total assets€11,451below the sector's middle half▼ 24.2%€10,045below the sector's middle half▼ 12.3%€12,160below the sector's middle half▲ 21.1%€13,180below the sector's middle half▲ 8.4%€13,503below the sector's middle half▲ 2.5%
Debt€24,170▼ 33.8%€20,852▼ 13.7%€24,860▲ 19.2%€33,319▲ 34.0%€39,635▲ 19.0%
Working capital-€18,926below the sector's middle half▲ 11.7%-€16,312below the sector's middle half▲ 13.8%-€20,447below the sector's middle half▼ 25.3%-€25,252below the sector's middle half▼ 23.5%-€28,481below the sector's middle half▼ 12.8%
Solvency-111.1%below the sector's middle half▲ 30.6pp-107.6%below the sector's middle half▲ 3.5pp-104.4%below the sector's middle half▲ 3.2pp-152.8%below the sector's middle half▼ 48.4pp-193.5%below the sector's middle half▼ 40.7pp
Current ratio0.22below the sector's middle half▼ 0.200.22below the sector's middle half=0.18below the sector's middle half▼ 0.040.24below the sector's middle half▲ 0.060.28below the sector's middle half▲ 0.04
Return on assets (ROA)76.0%above the sector's middle half▲ 73.6pp19.0%above the sector's middle half▼ 57.0pp-15.6%below the sector's middle half▼ 34.6pp-56.4%below the sector's middle half▼ 40.9pp-44.4%below the sector's middle half▲ 12.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,950 in 2025 against €7,445 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13,503
Fixed assets
€2,348 ▼ 54.1%
Current assets
€11,154 ▲ 38.3%
Key figures and ratios
EBITDA
-€4,159▲
2024 · -€4,811
Cash flow
-€4,203▲
2024 · -€4,805
Debt to equity
-1.52▲
2024 · -1.65
Interest coverage
-95.62▲
2024 · -137.92
Debt ≤ 1 year
€39,635▲
2024 · €33,319
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 6,639 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €805 | €1,662 | €1,864 | €2,634 | €1,790 | ▼ 32.0% |
| Other operating charges640/8 | €975 | €459 | €631 | €695 | €1,029 | ▲ 48.1% |
| Non-recurring operating charges66A | - | - | - | - | €974 | - |
| Gross operating margin9900 | €10,516 | €4,071 | €541 | -€4,116 | -€2,156 | ▲ 47.6% |
| Operating profit (loss)9901 | €8,736 | €1,951 | -€1,954 | -€7,445 | -€5,950 | ▲ 20.1% |
| Financial income75/76B | €15 | €3 | €109 | €40 | - | - |
| Recurring financial income75 | €15 | €3 | €109 | €40 | - | - |
| Financial charges65/66B | €48 | €42 | €47 | €35 | €44 | ▲ 24.7% |
| Recurring financial charges65 | €48 | €42 | €47 | €35 | €44 | ▲ 24.7% |
| Profit (loss) for the period before taxes9903 | €8,703 | €1,912 | -€1,893 | -€7,439 | -€5,993 | ▲ 19.4% |
| Profit (loss) for the period9904 | €8,703 | €1,912 | -€1,893 | -€7,439 | -€5,993 | ▲ 19.4% |
| Profit (loss) for the period to be appropriated9905 | €8,703 | €1,912 | -€1,893 | -€7,439 | -€5,993 | ▲ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11,451 | €10,045 | €12,160 | €13,180 | €13,503 | ▲ 2.5% |
| Fixed assets21/28 | €6,206 | €5,505 | €7,747 | €5,113 | €2,348 | ▼ 54.1% |
| Tangible fixed assets22/27 | €6,206 | €5,505 | €7,747 | €5,113 | €2,348 | ▼ 54.1% |
| Plant, machinery and equipment23 | €2,782 | €2,811 | €5,783 | €3,880 | €2,142 | ▼ 44.8% |
| Furniture and vehicles24 | €3,425 | €2,694 | €1,964 | €1,233 | €206 | ▼ 83.3% |
| Current assets29/58 | €5,245 | €4,540 | €4,414 | €8,067 | €11,154 | ▲ 38.3% |
| Stocks and contracts in progress3 | - | - | - | €5,762 | - | - |
| Stocks30/36 | - | - | - | €5,762 | - | - |
| Amounts receivable within one year40/41 | €2,546 | €2,330 | €3,912 | €1,481 | €11,081 | ▲ 648% |
| Trade receivables40 | €970 | €1,414 | - | - | €8,839 | - |
| Other amounts receivable41 | €1,576 | €916 | €3,912 | €1,481 | €2,242 | ▲ 51.3% |
| Cash at bank and in hand54/58 | €2,698 | €2,210 | €502 | €823 | €74 | ▼ 91.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11,451 | €10,045 | €12,160 | €13,180 | €13,503 | ▲ 2.5% |
| Equity10/15 | -€12,719 | -€10,807 | -€12,700 | -€20,139 | -€26,132 | ▼ 29.8% |
| Contributions10/11 | €6,205 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €12,269 | €12,269 | €12,269 | €12,269 | €12,269 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €10,410 | €10,410 | €10,410 | €10,410 | €10,410 | = |
| Profit (loss) carried forward14 | -€31,194 | -€29,281 | -€31,174 | -€38,613 | -€44,606 | ▼ 15.5% |
| Amounts payable17/49 | €24,170 | €20,852 | €24,860 | €33,319 | €39,635 | ▲ 19.0% |
| Amounts payable within one year42/48 | €24,170 | €20,852 | €24,860 | €33,319 | €39,635 | ▲ 19.0% |
| Trade debts44 | €5,790 | €3,503 | €3,105 | €3,808 | €2,350 | ▼ 38.3% |
| Suppliers440/4 | €5,790 | €3,503 | €3,105 | €3,808 | €2,350 | ▼ 38.3% |
| Taxes, remuneration and social security45 | €155 | - | €581 | - | - | - |
| Taxes450/3 | €155 | - | €581 | - | - | - |
| Other amounts payable47/48 | €18,226 | €17,350 | €21,174 | €29,511 | €37,284 | ▲ 26.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,703 | €1,912 | -€1,893 | -€7,439 | -€5,993 | ▲ 19.4% |
| + Depreciation and write-downs630 | €805 | €1,662 | €1,864 | €2,634 | €1,790 | ▼ 32.0% |
| Operating cash flow (approximation) | €9,508 | €3,574 | -€29 | -€4,805 | -€4,203 | ▲ 12.5% |
| Investment in fixed assets (approximation) | - | -€961 | -€4,105 | €0 | €974 | - |
| Change in cash | - | -€488 | -€1,708 | €321 | -€749 | ▼ 333% |
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
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€7,439
Net result drops to -€7,439, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €8,703 ▲2,282%
Operating result €8,736, net result €8,703, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €365
Net result €365 after 2 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 285 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Maldegem · 1 establishment unit since 1996
Ground area
2,325 m²
Building footprint
790 m²
Volume, LiDAR
3,012 m³
2 parcels, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DASALO
since 19962.078.178.478
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44027A1209/00N005 | Flanders | 1,240 m² | 1 · 505 m² | 6.0 m · 2 fl. |
| 43011A0485/00K000 | Flanders | 1,084 m² | 1 · 284 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-06-1996
Fiscal year end30-09
Activities, NACEBEL 2025
43410Roofing work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458315595
Also
9925:BE0458315595
Registered
25-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.