Financials
- Fiscal year
- 2025
- Total assets
- €1.2m
- Profit
- €361,483
- Solvency
- 85.7%
Total assets▼ 33.9%
Net result
20182025
DHAESE
ActiveSummary
DHAESE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €361,483. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 91% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€1.2mtotal assets 2025
- Equity
- €1.1m
- Profit
- €361,483
Turnover not published (abridged schema)
Structure
Accounts 80 d early0 of 6 deeds read
Why 90- 1 change of registered office in 24 months- Liquidity: current ratio 12.89, cash €15,191+ Figures for FY 2025 (filed 18-05-2026)+ Size: total assets €1.2mShow the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 78% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+38
equity 85.7% of total assets
Liquidity
52=
short-term debt 6.1% · cash 1.2%
Profitability
100+52
return on assets 29.2%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 19 months
04-2025: 0.2%
05-2025: 0.2%▲ +12.8% vs 04-2025
06-2025: 0.2%▲ +2.4% vs 05-2025
07-2025: 0.3%▲ +40.1% vs 06-2025
08-2025: 0.2%▼ -39.1% vs 07-2025lowest value
09-2025: 0.2%● 0.0% vs 08-2025lowest value
10-2025: 0.2%● 0.0% vs 09-2025lowest value
11-2025: 0.4%▲ +129% vs 10-2025
12-2025: 0.4%● 0.0% vs 11-2025
01-2026: 0.4%● 0.0% vs 12-2025
02-2026: 0.4%▲ +2.4% vs 01-2026
03-2026: 0.4%● 0.0% vs 02-2026
04-2026: 0.5%▲ +10.8% vs 03-2026
05-2026: 0.6%▲ +27.7% vs 04-2026highest value
06-2026: 0.3%▼ -57.5% vs 05-2026
07-2026: 0.3%● 0.0% vs 06-2026
08-2026: 0.3%● 0.0% vs 07-2026
09-2026: 0.3%● 0.0% vs 08-2026
10-2026: 0.3%● 0.0% vs 09-2026
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2025 (filed 18-05-2026) lowers the probability
- Size: total assets €1.2m lowers the probability for this profile
- Liquidity: current ratio 12.89, cash €15,191 raises the probability
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 12.89 against 0.42 in 2024; short-term debt: 6.1% and cash: 1.2% of total assets), and 14.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 46%, profitability 93%, growth against the median 83%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.1m
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
on the day
2023
5 d early
2022
6 d early
2021
3 d early
2020
2 d early
2019
on the day
← 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 14 days 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Back to profitnet €361,483
- Liquidity times 31current ratio 12.89
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 12-05-2026Annual accounts filed
- 31-12-2025Back to profit
- 31-12-2025Liquidity times 31
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 20-02-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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