Danosafe
ActiveDanosafe has been active since 1959 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €423k and a net result of €38k. Equity is growing by ~44.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-18
Solvency77▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 1.87 in 2023; short-term debt: 47.6% and cash: 10.7% of total assets), and 47.8% of the assets are financed with debt.
Credit advice for your own amount and term
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
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 →
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 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
13 d early
2022
27 d early
2021
5 d early
2020
19 d late
2019
35 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▼ 68.5%
2023 · €122k
2018: €10k
2019: €14k
2020: €29k
2021: €53k
2022: €214k
2023: €122k
2018 → 2024
Working capital
€422k▲ 10.9%
2023 · €380k
2018: €64k
2019: €72k
2020: €103k
2021: €157k
2022: €261k
2023: €380k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€103k-€156k▲ 51.6%€263k▲ 67.9%€385k▲ 46.5%€423k▲ 10.0%
Operating result€42k-€71k▲ 66.3%€322k▲ 357%€186k▼ 42.3%€73k▼ 60.8%
Net result€29k-€53k▲ 80.6%€214k▲ 301%€122k▼ 42.9%€38k▼ 68.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 61% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €811k
Fixed assets
€3k▼ 49.6%
Current assets
€808k▼ 1.4%
Equity and liabilities €811k
Equity
€423k▲ 10.0%
Debt
€388k▼ 11.9%
The debt ratio falls from 53.4% to 47.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▼
2023 · €186k
Cash flow
€38k▼
2023 · €123k
Solvency
52.2%▲
2023 · 46.6%
Current ratio
2.09▲
2023 · 1.87
Quick ratio
2.09▲
2023 · 1.87
Debt / equity
0.92▼
2023 · 1.14
ROE
9.1%▼
2023 · 31.7%
ROA
4.7%▼
2023 · 14.8%
Interest coverage
5.38▼
2023 · 119.52
Debt
€388k▼
2023 · €440k
Debt ≤ 1 year
€386k▼
2023 · €439k
Income taxes
€21k▼
2023 · €62k
Staff costs
€402k▲
2023 · €306k
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€825k€811k▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€3k€0▼
Furniture and vehicles24€3k€0▼
Financial fixed assets28€3k€3k=
Current assets29/58€819k€808k▼
Amounts receivable within one year40/41€774k€719k▼
Trade receivables40€774k€716k▼
Other amounts receivable41€0€4k▲
Cash at bank and in hand54/58€43k€86k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€825k€811k▼
Equity10/15€385k€423k▲
Contributions10/11€40k€40k=
Reserves13€345k€383k▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€5k€0▼
Distributable reserves133€336k€379k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€440k€388k▼
Amounts payable within one year42/48€439k€386k▼
Trade debts44€167k€135k▼
Suppliers440/4€167k€135k▼
Advances received on contracts in progress46€261€0▼
Taxes, remuneration and social security45€43k€44k▲
Taxes450/3€27k€8k▼
Remuneration and social security454/9€16k€36k▲
Other amounts payable47/48€229k€207k▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20232024
Remuneration, social security and pensions62€306k€402k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€657€0▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€495k€476k▼
Operating profit (loss)9901€186k€73k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€2k€14k▲
Recurring financial charges65€2k€14k▲
Profit (loss) for the period before taxes9903€184k€59k▼
Income taxes67/77€62k€21k▼
Profit (loss) for the period9904€122k€38k▼
Profit (loss) for the period to be appropriated9905€122k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€38k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€5k
Transfer to equity691/2€122k€43k▼
To other reserves6921€122k€43k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90878.1-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €214k ▲301%
Operating result €322k, net result €214k, both a record.
31-12
Financial
Equity above €200kEq €263k ▲67.9%
5 profitable years in a row build equity to €263k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €156k ▲51.6%
4 profitable years in a row build equity to €156k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Equity above €100kEq €103k ▲40%
3 profitable years in a row build equity to €103k.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 35 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 47 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Machelen (Brab.) · 1 establishment unit since 1959
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.
Generaal Lemanlaan 21830 Machelen (Brab.)Ground area
2,788 m²
Building footprint
1,525 m²
Volume, LiDAR
13,668 m³
Parcel 23047A0414/00T003, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Danotherm
since 19592.006.649.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0414/00T003 | Flanders | 2,787 m² | 1 · 1,525 m² | 10.1 m · 3 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
KEGELS TECHNICS
BE 0667.908.544
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AIR SOLUTIONS
BE 0737.403.106
As · Eq €423k
VAN HAVER COOLING
BE 0478.522.873
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CENSAIR
BE 0473.799.468
Evergem · Eq €424k
COLLART-EDEC
BE 0407.176.801
Elsene · Eq €424k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-1959
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:WWW.danosafe.be
E-mail:info@danosafe.be