DARAH
ActiveDARAH has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.62M and a net result of €-36k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-15
Solvency81▼-3
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 3.99 in 2024), but 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38%
Return on assets
-0.9%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-03-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
79 d early
2023
91 d early
2022
54 d early
2021
117 d early
2020
66 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.62M▼ 2.2%
2024 · €1.65M
2018: €1.07M
2019: €1.39M
2020: €1.69M
2021: €1.76M
2022: €1.82M
2023: €1.81M
2024: €1.65M
2018 → 2025
Total assets
€4.25M▲ 2.9%
2024 · €4.13M
2018: €2.76M
2019: €3.16M
2020: €3.52M
2021: €3.41M
2022: €3.37M
2023: €3.80M
2024: €4.13M
2018 → 2025
Net result
€-36k
2024 · €48k
2018: €-30k
2019: €342k
2020: €314k
2021: €70k
2022: €57k
2023: €-16k
2024: €48k
2018 → 2025
Working capital
€479k▼ 21.8%
2024 · €612k
2018: €259k
2019: €763k
2020: €1.22M
2021: €1.12M
2022: €1.13M
2023: €888k
2024: €612k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.76M-€1.82M▲ 3.2%€1.81M▼ 0.9%€1.65M▼ 8.4%€1.62M▼ 2.2%
Operating result€56k-€69k▲ 22.0%€36k▼ 47.3%€40k▲ 10.5%€47k▲ 16.9%
Net result€70k-€57k▼ 18.8%€-16k€48k€-36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.25M
Fixed assets
€3.60M▲ 8.7%
Current assets
€649k▼ 20.6%
Equity and liabilities €4.25M
Equity
€1.62M▼ 2.2%
Provisions
€42k▼ 4.0%
Debt
€2.59M▲ 6.5%
The debt ratio rises from 58.9% to 61.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€169k▲
2024 · €147k
Cash flow
€85k▼
2024 · €156k
Solvency
38.0%▼
2024 · 40.0%
Current ratio
3.80▼
2024 · 3.99
Quick ratio
3.80▼
2024 · 3.99
Debt / equity
1.60▲
2024 · 1.47
ROE
-2.3%▼
2024 · 2.9%
ROA
-0.9%▼
2024 · 1.2%
Interest coverage
1.57▲
2024 · 1.50
Debt
€2.59M▲
2024 · €2.44M
Debt ≤ 1 year
€171k▼
2024 · €205k
Debt > 1 year
€2.40M▲
2024 · €2.20M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.13M€4.25M▲
Fixed assets21/28€3.32M€3.60M▲
Tangible fixed assets22/27€3.31M€3.60M▲
Land and buildings22€3.31M€3.60M▲
Plant, machinery and equipment23€0-
Furniture and vehicles24-€938
Financial fixed assets28€3k€3k=
Current assets29/58€818k€649k▼
Amounts receivable within one year40/41€147k€322k▲
Trade receivables40-€2k
Other amounts receivable41€147k€320k▲
Current investments50/53€145k€145k=
Cash at bank and in hand54/58€521k€180k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€4.13M€4.25M▲
Equity10/15€1.65M€1.62M▼
Contributions10/11€1.41M€1.41M=
Capital10€1.41M€1.41M=
Issued capital100€1.41M€1.41M=
Revaluation surpluses12€8k€8k=
Reserves13€235k€224k▼
Non-distributable reserves130/1€57k€57k=
Legal reserve130€57k€57k=
Tax-exempt reserves132€173k€167k▼
Distributable reserves133€5k€0▼
Profit (loss) carried forward14-€-25k
Provisions and deferred taxes16€43k€42k▼
Deferred taxes168€43k€42k▼
Amounts payable17/49€2.44M€2.59M▲
Amounts payable after more than one year17€2.20M€2.40M▲
Financial debts170/4€2.20M€2.39M▲
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€205k€171k▼
Current portion of amounts payable after more than one year42€74k€94k▲
Trade debts44€1k€905▼
Suppliers440/4€1k€905▼
Taxes, remuneration and social security45€22k€25k▲
Taxes450/3€22k€25k▲
Other amounts payable47/48€107k€51k▼
Accrued charges and deferred income492/3€28k€26k▼
Income statement
Code20242025
Non-recurring operating income76A-€998
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€122k▲
Other operating charges640/8€25k€30k▲
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€175k€198k▲
Operating profit (loss)9901€40k€47k▲
Financial income75/76B€104k€22k▼
Recurring financial income75€104k€22k▼
Financial charges65/66B€98k€107k▲
Recurring financial charges65€98k€107k▲
Profit (loss) for the period before taxes9903€47k€-38k▼
Transfer from deferred taxes780€2k€2k=
Profit (loss) for the period9904€48k€-36k▼
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€55k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€-29k▼
Transfer from equity791/2€1k€5k▲
Transfer to equity691/2€56k€0▼
To the legal reserve6920€56k€0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-36k ▼175%
Net result drops to €-36k, the lowest in the series.
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €342k
Net result €342k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 9.02
Current ratio from 3.80 to 9.02.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 1987
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.
Goudsbloemenlaan 118300 Knokke-HeistGround area
1,149 m²
Building footprint
313 m²
Volume, LiDAR
2,391 m³
2 parcels, Flanders · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Poolspad 19, 8300 Knokke-Heist
since 19872.032.675.085
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0271/00B002 | Flanders | 586 m² | 1 · 154 m² | 8.1 m · 2 fl. |
| 31332E0301/00_000 | Flanders | 562 m² | 1 · 159 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,788 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-04-1987
Fiscal year end30-09
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.