Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
DANNEMARK from Waimes, company number BE0415837614, closed financial year 2026 with a result of € 201,167 after tax. For that financial year DANNEMARK recorded a gross margin of € 1.8 million and equity of € 1 million. Compared with financial year 2025, the result moved from € 430,582 to € 201,167. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 1 million
▼ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 201,167
▼ 53% vs 2025
Profit after tax over the fiscal year.
€ 219,504
▼ 29% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 233,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
21
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 11% vs 2025
€ 55,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 112,159
▲ 39% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 1.5 million
▲ 11% vs 2025
€ 133,663 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 2.8 million
▼ 45% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 220,519
▼ 2% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,401,140 | € 1,387,824 | € 1,992,991 | € 1,808,680 | ▼ 9% |
| Profit after taxes | € 239,761 | € 94,280 | € 430,582 | € 201,167 | ▼ 53% |
| Equity | € 1,160,959 | € 1,027,238 | € 1,047,820 | € 1,015,987 | ▼ 3% |
| Total debts | € 3,586,196 | € 6,798,178 | € 7,248,479 | € 5,132,733 | ▼ 29% |
| Cash | € 279,052 | € 723,933 | € 309,973 | € 219,504 | ▼ 29% |
| Land & buildings | € 104,669 | € 90,905 | € 94,377 | € 84,856 | ▼ 10% |
| Retained profit | € 1,099,459 | € 965,738 | € 986,320 | € 954,487 | ▼ 3% |
| Dividend | € 90,000 | € 228,000 | € 410,000 | € 233,000 | ▼ 43% |
| Bank debt | € 1,198,144 | € 1,232,311 | € 1,316,450 | € 1,461,821 | ▲ 11% |
| Balance sheet total | € 4,747,967 | € 7,825,903 | € 8,296,461 | € 6,148,721 | ▼ 26% |
| Employees (FTE) | 17.3 | 19.3 | - | 21 |
Key figures of DANNEMARK, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to DANNEMARK?
What happened at DANNEMARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michel CREMER stepped down as director. NBB
- Steve LOISELET stepped down as director. NBB
- LOISELET IMMO SRL stepped down as director. NBB
- MX MANAGEMENT SRL stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 201,167 (▼ 53% vs 2025). Source: NBB ↗
- Michel CREMER became a director. NBB
- Steve LOISELET became a director. NBB
- LOISELET IMMO SRL became a director. NBB
In short
From € 239,761 profit in 2023 to € 201,167 profit in 2026.
Paid € 415,373 in corporate taxes since 2023.
Best year ever: 2025, with € 430,582 profit.
On average € 86,100 of value added per employee in 2026.
Management
The shares are held by LOISELET IMMO SRL (50%) and MX MANAGEMENT SRL (50%).
Directors
According to the 2026 annual accounts
Michel CREMER
Managing director
since 2023 · until 2028
since 2023 · until 2028
since 2023 · until 2028
Managing director · represented by Xavier DANNEMARK
Also active at: DANNEMARK Lg., SPECTRA SERVICE Lg
since 2023 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Hottleux 27
4950 Waimes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0415.837.614
- VAT number
- BE 0415.837.614
- Registered office
- Rue de Hottleux 27, 4950 Waimes
- Names & denominations
- DANNEMARK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1975
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Groothandel in machines voor mijnbouw, de bouwnijverheid en de weg- en waterbouw
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
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Vervaardiging van machines voor de landbouw en de bosbouw
Reparatie en onderhoud van machines
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Vervaardiging van landbouwtractoren
Vervaardiging van overige machines voor de landbouw en de bosbouw
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