DANBOUW
ActiveDANBOUW has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €-21k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 21% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-61
Solvency44▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.19 against 1.44 in 2023; short-term debt: 81.1% and cash: 5.8% of total assets), and 81.1% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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 2024Solvency, return and age of the figures
Solvency
18.9%
Return on assets
-6.9%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 21%
← weakest
strongest →
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 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
34 d early
2022
31 d early
2021
30 d early
2020
31 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▼ 26.7%
2023 · €77k
2018: €84k
2019: €92k
2020: €84k
2021: €80k
2022: €74k
2023: €77k
2018 → 2024
Total assets
€298k▲ 40.7%
2023 · €212k
2018: €127k
2019: €120k
2020: €112k
2021: €98k
2022: €86k
2023: €212k
2018 → 2024
Net result
€-21k
2023 · €3k
2018: €23k
2019: €13k
2020: €8k
2021: €3k
2022: €2k
2023: €3k
2018 → 2024
Working capital
€47k▼ 21.2%
2023 · €59k
2018: €60k
2019: €56k
2020: €59k
2021: €63k
2022: €66k
2023: €59k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€84k-€80k▼ 4.1%€74k▼ 8.1%€77k▲ 4.6%€56k▼ 26.7%
Operating result€12k-€7k▼ 38.8%€7k▼ 0.3%€5k▼ 26.1%€-30k
Net result€8k-€3k▼ 58.1%€2k▼ 29.6%€3k▲ 38.9%€-21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €30k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €298k
Fixed assets
€10k▼ 44.7%
Current assets
€288k▲ 48.6%
Equity and liabilities €298k
Equity
€56k▼ 26.7%
Debt
€242k▲ 79.2%
The debt ratio rises from 63.6% to 81.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-22k▼
2023 · €14k
Cash flow
€-13k▼
2023 · €12k
Solvency
18.9%▼
2023 · 36.4%
Current ratio
1.19▼
2023 · 1.44
Quick ratio
0.17▼
2023 · 0.25
Debt / equity
4.28▲
2023 · 1.75
ROE
-36.4%▼
2023 · 4.4%
ROA
-6.9%▼
2023 · 1.6%
Interest coverage
-15.59▼
2023 · 8.83
Debt
€242k▲
2023 · €135k
Debt ≤ 1 year
€242k▲
2023 · €135k
Income taxes
€244▼
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€212k€298k▲
Fixed assets21/28€18k€10k▼
Tangible fixed assets22/27€18k€10k▼
Plant, machinery and equipment23€1k€766▼
Furniture and vehicles24€17k€9k▼
Current assets29/58€194k€288k▲
Stocks and contracts in progress3€161k€248k▲
Stocks30/36€161k€218k▲
Contracts in progress37-€30k
Amounts receivable within one year40/41€15k€22k▲
Trade receivables40€15k€21k▲
Other amounts receivable41-€193
Cash at bank and in hand54/58€18k€17k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€212k€298k▲
Equity10/15€77k€56k▼
Contributions10/11€19k€19k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14-€-21k
Amounts payable17/49€135k€242k▲
Amounts payable within one year42/48€135k€242k▲
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€3k€244▼
Taxes450/3€3k€244▼
Other amounts payable47/48€121k€234k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€439€505▲
Gross operating margin9900€14k€-21k▼
Operating profit (loss)9901€5k€-30k▼
Financial income75/76B€2k€11k▲
Recurring financial income75€2k€11k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€6k€-20k▼
Income taxes67/77€3k€244▼
Profit (loss) for the period9904€3k€-21k▼
Profit (loss) for the period to be appropriated9905€3k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-21k▼
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-21k ▼702%
Net result drops to €-21k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Olen · 1 establishment unit since 1991
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.
Geraniumstraat 192250 OlenGround area
715 m²
Building footprint
186 m²
Volume, LiDAR
830 m³
Parcel 13029D0056/00S000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DANBOUW BVBA
since 19912.054.637.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13029D0056/00S000 | Flanders | 715 m² | 1 · 186 m² | 6.8 m · 1 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.
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Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-1991
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dannygeudens@danbouw.be