DASF
ActiveSummary
DASF has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €316,066 and a net result of €37,109. Equity is growing by ~19.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-4
Solvency56▲+4
Growth61▼-4
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.08 in 2023; short-term debt: 13.7% and cash: 0.6% of total assets), and 68.8% of the assets are financed with debt.
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Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
76 d early
2022
33 d early
2021
31 d early
2020
44 d early
2019
59 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€174,000▼ 20.4%
2023 · €218,670
EBIT margin
45.0%▲ 16.8pp
2023 · 28.3%
Net result
€37,109▲ 0.1%
2023 · €37,078
Working capital
-€131,503▼ 6.9%
2023 · -€123,043
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
Turnover€210,257▲ 5.9%€215,834▲ 2.7%€214,923▼ 0.4%€218,670▲ 1.7%€174,000▼ 20.4%
Operating result€82,117▲ 30.0%€43,523▼ 47.0%€80,968▲ 86.0%€61,814▼ 23.7%€78,349▲ 26.7%
Net result€53,838▲ 31.7%€10,996▼ 79.6%€48,670▲ 343%€37,078▼ 23.8%€37,109▲ 0.1%
EBIT margin39.1%▲ 7.2pp20.2%▼ 18.9pp37.7%▲ 17.5pp28.3%▼ 9.4pp45.0%▲ 16.8pp
Equity€182,214▲ 41.9%€193,210▲ 6.0%€241,879▲ 25.2%€278,957▲ 15.3%€316,066▲ 13.3%
Total assets€629,850▼ 1.2%€795,443▲ 26.3%€775,702▼ 2.5%€1.0m▲ 33.3%€1.0m▼ 2.0%
Debt€447,636▼ 12.1%€602,233▲ 34.5%€533,822▼ 11.4%€754,700▲ 41.4%€697,121▼ 7.6%
Working capital-€88,679▲ 7.9%-€134,834▼ 52.0%-€104,649▲ 22.4%-€123,043▼ 17.6%-€131,503▼ 6.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 27% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€1.0m ▼ 1.6%
Current assets
€7,588 ▼ 33.2%
Equity and liabilities €1.0m
Equity
€316,066 ▲ 13.3%
Debt
€697,121 ▼ 7.6%
Debt's share of the balance-sheet total falls from 73.0% to 68.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95,042▲
2023 · €77,758
Cash flow
€53,801▲
2023 · €53,022
Current ratio
0.05▼
2023 · 0.08
Debt to equity
2.21▼
2023 · 2.71
ROE
11.7%▼
2023 · 13.3%
ROA
3.7%▲
2023 · 3.6%
Interest coverage
4.21▼
2023 · 4.88
Debt ≤ 1 year
€139,091▲
2023 · €134,409
Debt > 1 year
€556,831▼
2023 · €620,244
Income taxes
€18,657▲
2023 · €8,808
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €210,257 | €215,834 | €214,923 | €218,670 | €174,000 | ▼ 20.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €125,109 | €112,493 | €129,223 | €118,093 | ▼ 8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,373 | €14,651 | €17,473 | €15,944 | €16,693 | ▲ 4.7% |
| Other operating charges640/8 | - | €32,551 | €3,989 | €11,689 | €8,579 | ▼ 26.6% |
| Gross operating margin9900 | €100,033 | €90,725 | €102,430 | €89,447 | €103,620 | ▲ 15.8% |
| Operating profit (loss)9901 | €82,117 | €43,523 | €80,968 | €61,814 | €78,349 | ▲ 26.7% |
| Financial charges65/66B | - | €12,856 | €12,386 | €15,928 | €22,583 | ▲ 41.8% |
| Recurring financial charges65 | €12,844 | €12,856 | €12,386 | €15,928 | €22,583 | ▲ 41.8% |
| Profit (loss) for the period before taxes9903 | €69,273 | €30,666 | €68,583 | €45,886 | €55,766 | ▲ 21.5% |
| Income taxes67/77 | €15,435 | €19,671 | €19,913 | €8,808 | €18,657 | ▲ 112% |
| Profit (loss) for the period9904 | €53,838 | €10,996 | €48,670 | €37,078 | €37,109 | ▲ 0.1% |
| Profit (loss) for the period to be appropriated9905 | €53,838 | €10,996 | €48,670 | €37,078 | €37,109 | ▲ 0.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €629,850 | €795,443 | €775,702 | €1.0m | €1.0m | ▼ 2.0% |
| Fixed assets21/28 | €624,104 | €789,454 | €771,980 | €1.0m | €1.0m | ▼ 1.6% |
| Tangible fixed assets22/27 | €285,704 | €451,054 | €433,580 | €422,292 | €405,599 | ▼ 4.0% |
| Land and buildings22 | - | €451,054 | €433,580 | €418,107 | €402,634 | ▼ 3.7% |
| Plant, machinery and equipment23 | - | - | - | €2,215 | €1,717 | ▼ 22.5% |
| Furniture and vehicles24 | - | - | - | €1,969 | €1,248 | ▼ 36.6% |
| Financial fixed assets28 | €338,400 | €338,400 | €338,400 | €600,000 | €600,000 | = |
| Current assets29/58 | €5,746 | €5,989 | €3,721 | €11,366 | €7,588 | ▼ 33.2% |
| Amounts receivable within one year40/41 | - | - | - | - | €1,727 | - |
| Trade receivables40 | - | - | - | - | €1,727 | - |
| Cash at bank and in hand54/58 | €5,476 | €5,709 | €3,342 | €11,366 | €5,861 | ▼ 48.4% |
| Deferred charges and accrued income490/1 | - | €280 | €379 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €629,850 | €795,443 | €775,702 | €1.0m | €1.0m | ▼ 2.0% |
| Equity10/15 | €182,214 | €193,210 | €241,879 | €278,957 | €316,066 | ▲ 13.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €21,860 | €21,860 | €21,860 | €21,860 | €21,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €154,154 | €165,150 | €213,819 | €250,897 | €288,006 | ▲ 14.8% |
| Amounts payable17/49 | €447,636 | €602,233 | €533,822 | €754,700 | €697,121 | ▼ 7.6% |
| Amounts payable after more than one year17 | €353,212 | €461,409 | €425,452 | €620,244 | €556,831 | ▼ 10.2% |
| Financial debts170/4 | - | €461,409 | €425,452 | €620,244 | €556,831 | ▼ 10.2% |
| Amounts payable within one year42/48 | €94,425 | €140,824 | €108,370 | €134,409 | €139,091 | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | - | €69,681 | €37,304 | €60,984 | €63,958 | ▲ 4.9% |
| Trade debts44 | €16,510 | €16,511 | €16,515 | €18,775 | €19,618 | ▲ 4.5% |
| Suppliers440/4 | - | €16,511 | €16,515 | €18,775 | €19,618 | ▲ 4.5% |
| Taxes, remuneration and social security45 | - | - | - | €1,354 | €1,727 | ▲ 27.5% |
| Taxes450/3 | - | - | - | €1,354 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €1,727 | - |
| Other amounts payable47/48 | - | €54,631 | €54,551 | €53,295 | €53,787 | ▲ 0.9% |
| Accrued charges and deferred income492/3 | - | - | - | €48 | €1,199 | ▲ 2,399% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,838 | €10,996 | €48,670 | €37,078 | €37,109 | ▲ 0.1% |
| + Depreciation and write-downs630 | €12,373 | €14,651 | €17,473 | €15,944 | €16,693 | ▲ 4.7% |
| Operating cash flow (approximation) | €66,211 | €25,646 | €66,143 | €53,022 | €53,801 | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | -€180,000 | €0 | -€266,255 | €0 | ▲ 100% |
| Change in cash | - | €233 | -€2,367 | €8,024 | -€5,505 | ▼ 169% |
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
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €241,879 ▲25.2%
5 profitable years in a row build equity to €241,879.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €10,996 ▼79.6%
Net result drops to €10,996, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €53,838 ▲31.7%
Operating result €82,117, net result €53,838, both a record.
31-12
Financial
Equity above €150,000Eq €182,214 ▲41.9%
3 profitable years in a row build equity to €182,214.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
31-12
Financial
Equity above €100,000Eq €128,376 ▲46.7%
2 profitable years in a row build equity to €128,376.
16-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 138 days late
Show earlier events
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Honnelles · 1 establishment unit since 2012
Ground area
2,076 m²
Building footprint
77 m²
Volume, LiDAR
699 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DASF
since 20122.214.996.978
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53007A0301/00W000 | Wallonia | 1,374 m² | - | - |
| 53014B1044/00L117 | Wallonia | 702 m² | 1 · 77 m² | 10.3 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
- Sourceown accounts 2024Equity €58,321Result €8,732100%
According to the 2024 annual accounts of DASF and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-11-2012
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0500983521
Also
9925:BE0500983521
Registered
18-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.