DANNEELS DEVELOPMENT
The computed 12-month bankruptcy probability of DANNEELS DEVELOPMENT is 0.1% (very low). The 2025 annual accounts show equity of €46.00M and a net result of €200k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 70% of 205 sector peers (fiscal year 2025). The company has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €46.00M |
| Net result | €200k |
| Staff (FTE) | 7.2 |
| Better than sector | 70% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.5% | 31.0% | |
| Net result | €200k | €9k | |
| Equity | €46.00M | €503k | |
| Staff costs | €781k | €184k | |
| Employees (FTE) | 7.2 | 1.3 |
| Fiscal year | 2025 |
|---|---|
| Revenue | €9.21M |
| EBITDA | - |
| Net profit | €200k |
| Cash flow | - |
| Staff costs | €781k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €79.95M |
| Equity | €46.00M |
| Debt | €33.93M |
| of which ≤ 1y | €19.92M |
| of which > 1y | €14.00M |
| Working capital | €57.99M |
| Employees (FTE) | 7.2 |
| 2025 | |
|---|---|
| Current ratio | 3.91 |
| Quick ratio | 0.18 |
| Working capital ratio | 72.5% |
| Solvency | 57.5% |
| Debt / equity | 0.74 |
| Long-term debt ratio | 0.30 |
| Interest coverage | - |
| Gross margin | 16.3% |
| Net margin | 2.2% |
| ROA | 0.3% |
| ROE | 0.4% |
| EBITDA margin | - |
| Days sales outstanding | 103d |
| Days payable outstanding | 46d |
| Inventory turnover | 0.10 |
| Days inventory (DSI) | 3524d |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €79.95M |
| Fixed assets | 21/28 | €2.04M |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €1.90M |
| Financial fixed assets | 28 | €139k |
| Current assets | 29/58 | €77.91M |
| Stocks & contracts in progress | 3 | €74.38M |
| Amounts receivable within one year | 40/41 | €3.21M |
| Cash & bank | 54/58 | €310k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €79.95M |
| Equity | 10/15 | €46.00M |
| Contributions / capital | 10/11 | €3.90M |
| Reserves | 13 | €42.10M |
| Accumulated profits (losses) | 14 | €5k |
| Provisions & deferred taxes | 16 | €17k |
| Amounts payable | 17/49 | €33.93M |
| Amounts payable after one year | 17 | €14.00M |
| Amounts payable within one year | 42/48 | €19.92M |
| Trade debts payable within one year | 44 | €977k |
| Income statement | ||
| Turnover | 70 | €9.21M |
| Operating result | 9901 | €858k |
| Financial income | 75 | €714 |
| Financial charges | 65 | €657k |
| Result before taxes | 9903 | €202k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €200k |
| Result to be appropriated | 9905 | €200k |
| NACE primary | Real estate activities(68310) |
| Legal form | Public limited company(014) |
| Incorporation | 22-03-1978 |
| Status | Active |
| Postal code | 8200 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0367/00L007 | Flanders | 629 m² | 1 · 321 m² | 9.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
27-05-2025 1 director appointed, 1 reappointed
- Danneels Pascal, Vaste vertegenwoordiger
- Strobbe Olivier, Commissaris
Technical details
{
"events": [
{
"kind": "commissaris_renew",
"role": "commissaris",
"person": {
"rrn": "A02644",
"name": "Strobbe Olivier",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": null,
"name": "Moore Audit BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Uit het verslag van de Algemene Vergadering van 01 juni 2024 blijkt de herbenoeming van Moore Audit BV, vertegenwoordigd door de heer Strobbe Olivier met lidmaatschapsnummer A02644, als commissaris voor een periode van drie jaar tot de algemene vergadering van juni 2027.",
"decharge_status": null,
"mandate_duration": {
"kind": "n_years",
"value": "3"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "delegation_dagelijks_bestuur_in",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Danneels Pascal",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": {
"kbo": null,
"name": "Aiupo BV",
"address": null,
"country": null,
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-05-27",
"filing_date": "2024-06-01",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-06-01",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0418.125.230",
"name_full": "Danneels Development",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}27-05-2025 Change of permanent representative
Technical details
{
"events": [
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Pascal Danneels",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "renewal",
"via_org": {
"kbo": "0870.832.643",
"name": "Aiupo bv",
"address": "Sint Baafskerkstraat 1, 8200 Sint-Andries",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Uit het verslag van de bijzondere algemene vergadering van 15 mei 2025 blijkt de herbenoeming van volgende gedelegeerd bestuurder voor een periode van zes jaar tot de algemene vergadering van 2031: Aiupo bv (BE 0870.832.643), met zetel te Brugge (Sint-Andries), Sint Baafskerkstraat 1, vast vertegenw",
"decharge_status": null,
"mandate_duration": {
"kind": "until_agm_year",
"value": "2031"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-05-27",
"filing_date": "2025-05-15",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2025-05-15",
"unanimous": null
},
{
"body": "raad_van_bestuur",
"date": "2025-05-15",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0418.125.230",
"name_full": "Danneels Development NV",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}21-01-2004 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2004-01-21",
"filing_date": null,
"act_kind_objet": "Benoeming vaste vertegenwoordiger"
},
"decision": {
"body": "algemene_vergadering",
"date": "2003-06-07",
"unanimous": null
},
"agm_change": null,
"detected_kind": "officer_designation",
"other_address": null,
"mandate_renewal": null,
"subject_company": {
"kbo": "0418.125.230",
"name_full": "Immobili\u00EBnmaatschappij Joost Danneels",
"legal_form": "NV"
},
"accounts_deposit": null,
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null
},
"co_filed_documents": [],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
"role": "vaste vertegenwoordiger",
"organ": "raad_van_bestuur",
"person_name": "Joost Danneels"
},
"special_procuration": null,
"is_volet_a_only_stub": true,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | DANNEELS DEVELOPMENT |