Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.4 to 11.2.
Financials
Financial year 2025
DANNEMARK Lg. from Waimes, company number BE0445375401, closed financial year 2025 with a result of € 43,798 after tax. For that financial year DANNEMARK Lg. recorded a gross margin of € 893,370 and equity of € 1 million. Compared with financial year 2024, the result moved from € 41,292 to € 43,798. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,798
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 283,293
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 41,000 paid out
94 % of the profit went to the shareholders, mostly to LOISELET IMMO SRL (50 % of the shares). That is where the money ends up.
People and assets in 2025
11.2
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 729,079
▼ 9% vs 2024
€ 65,100 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.
€ 49,859
▼ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 434,263
▼ 1% vs 2024
€ 75,602 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 899,129
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 245,421
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,206,524 | € 1,026,486 | € 987,073 | € 893,370 | ▼ 9% |
| Profit after taxes | € 189,864 | € 67,290 | € 41,292 | € 43,798 | ▲ 6% |
| Equity | € 1,024,222 | € 1,030,801 | € 1,041,383 | € 1,043,470 | |
| Total debts | € 2,332,727 | € 1,769,493 | € 1,857,337 | € 1,649,963 | ▼ 11% |
| Cash | € 323,317 | € 200,697 | € 160,220 | € 283,293 | ▲ 77% |
| Land & buildings | € 197,899 | € 184,441 | € 170,982 | € 160,728 | ▼ 6% |
| Retained profit | € 871,515 | € 878,805 | € 890,097 | € 892,895 | |
| Dividend | € 180,000 | € 60,000 | € 30,000 | € 41,000 | ▲ 37% |
| Bank debt | € 320,034 | € 455,402 | € 438,633 | € 434,263 | ▼ 1% |
| Balance sheet total | € 3,356,949 | € 2,800,294 | € 2,898,720 | € 2,693,433 | ▼ 7% |
| Employees (FTE) | 13.6 | 13.4 | 12.4 | 11.2 | ▼ 1.2 |
Key figures of DANNEMARK Lg., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DANNEMARK Lg.?
What happened at DANNEMARK Lg. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier LOISELET stepped down as director. NBB
- LOISELET IMMO SRL stepped down as director. NBB
- Xavier DANNEMARK stepped down as director. NBB
- MX MANAGEMENT SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 43,798 (▲ 6% vs 2024). filed late Source: NBB ↗
- Olivier LOISELET became a director. NBB
- LOISELET IMMO SRL became a director. NBB
- Xavier DANNEMARK became a director. NBB
In short
From € 189,864 profit in 2022 to € 43,798 profit in 2025.
Paid € 168,979 in corporate taxes since 2022.
Best year ever: 2022, with € 189,864 profit.
On average € 79,800 of value added per employee in 2025.
Management
The shares are held by LOISELET IMMO SRL (50%) and MX MANAGEMENT SRL (50%).
Directors
According to the 2025 annual accounts
Olivier LOISELET
Director
Also active at: DANNEMARK, Etablissements Loiselet et fils, SPECTRA SERVICE Lg, LOISELET IMMO, LOISELET TRANSPORTS, ATHOIS LE PADEL
since 2023 · until 2028
Director · represented by Steve LOISELET
Also active at: DANNEMARK, SPECTRA SERVICE Lg, LOISELET SG LOCATION
since 2023 · until 2028
Xavier DANNEMARK
Managing director
since 2023 · until 2028
Managing director · represented by Michel CREMER
Also active at: DANNEMARK, 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
Parc Artisanal des Cahottes
4400 Flémalle
Active since 30 June 1992
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
- 0445.375.401
- VAT number
- BE 0445.375.401
- Registered office
- Rue de Hottleux 27, 4950 Waimes
- Names & denominations
- DANNEMARK Lg.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1991
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Groothandel in andere machines en werktuigen, n.e.g.