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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
DAFG from Niel, company number BE0634988823, closed financial year 2025 with a result of € 126 after tax. For that financial year DAFG recorded a gross margin of € 9,166 and equity of € -20,714. Compared with financial year 2024, the result moved from € 512 to € 126. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ -20,714
▲ € 126 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 126
▼ 75% vs 2024
Profit after tax over the fiscal year.
€ 1,963
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -26,914.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 208
▼ 91% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 40,263
▲ 40% vs 2024
€ 6,607 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3,925
▲ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 114
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,177 | € -661 | € 9,208 | € 9,166 | |
| Profit after taxes | € 371 | € -7,274 | € 512 | € 126 | ▼ 75% |
| Equity | € -14,078 | € -21,352 | € -20,840 | € -20,714 | ▲ € 126 |
| Total debts | € 27,093 | € 32,922 | € 34,964 | € 48,459 | ▲ 39% |
| Cash | € 1,377 | € 468 | € 1,794 | € 1,963 | ▲ 9% |
| Retained profit | € -20,278 | € -27,552 | € -27,040 | € -26,914 | |
| Bank debt | € 21,163 | € 28,159 | € 28,703 | € 40,263 | ▲ 40% |
| Balance sheet total | € 13,014 | € 11,570 | € 14,124 | € 27,745 | ▲ 96% |
Key figures of DAFG, 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 DAFG?
What happened at DAFG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 126 (▼ 75% vs 2024). Source: NBB ↗
- New establishment in Niel. KBO
- Armand Dewachter became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 371 profit in 2022 to € 126 profit in 2025.
Paid € 114 in corporate taxes since 2022.
Best year ever: 2024, with € 512 profit.
Management
Behind DAFG is Armand Dewachter.
Directors
According to the 2025 annual accounts
Armand Dewachter
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Edward Claessenslaan 104
2845 Niel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0634.988.823
- VAT number
- BE 0634.988.823
- Registered office
- Edward Claessenslaan 104, 2845 Niel
- Names & denominations
- DAFG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 2015
- Peppol
- Active · Active since 23 Oct 2025
- Activities · NACE
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