ANDY DENYS
ActiveSummary
The computed 12-month bankruptcy probability of ANDY DENYS is 1.5% (moderate). The 2025 annual accounts show negative equity (€-4k) and a net result of €-23k. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 7% of 27965 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency10▼-31
Growth34=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.57 in 2024; short-term debt: 115.3% and cash: 20.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-15.3%
Return on assets
-79.8%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-4k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
3 d early
2023
26 d early
2022
10 d early
2021
27 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€100k▼ 28.4%
2021 · €140k
EBIT margin
-5.1%▼ 9.4pp
2021 · 4.3%
Net result
€-23k▼ 36.3%
2024 · €-17k
Working capital
€-6k▲ 82.9%
2024 · €-33k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€140k▲ 44.2%€100k▼ 28.4%
Operating result€6k▼ 49.6%€-5k€-3k▲ 46.8%€-16k▼ 476%€-22k▼ 37.9%
Net result€4k▼ 50.2%€-6k€-2k▲ 60.2%€-17k▼ 638%€-23k▼ 36.3%
EBIT margin4.3%▼ 8.0pp-5.1%▼ 9.4pp
Equity€43k▲ 10.5%€37k▼ 13.2%€35k▼ 6.1%€18k▼ 47.6%€-4k
Total assets€66k▼ 6.0%€62k▼ 6.9%€132k▲ 114%€111k▼ 16.0%€28k▼ 74.5%
Debt€24k▼ 26.1%€25k▲ 4.7%€98k▲ 295%€93k▼ 4.8%€33k▼ 64.8%
Working capital€27k▲ 24.2%€25k▼ 6.0%€-31k€-33k▼ 7.1%€-6k▲ 82.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22k in 2025 against €16k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€1k ▼ 98.2%
Current assets
€27k ▼ 37.1%
Key figures and ratios
EBITDA
€-20k▼
2024 · €5k
Cash flow
€-21k▼
2024 · €4k
Solvency
-15.3%▼
2024 · 16.5%
Current ratio
0.83▲
2024 · 0.57
Debt to equity
-7.52▼
2024 · 5.08
ROA
-79.8%▼
2024 · -14.9%
Interest coverage
-27.88▼
2024 · 6.11
Debt ≤ 1 year
€33k▼
2024 · €76k
Debt > 1 year
€0▼
2024 · €17k
Income taxes
€232▲
2024 · €117
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €140k | €100k | - | - | - | - |
| Non-recurring operating income76A | - | - | €1k | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €106k | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €11k | €18k | €20k | €2k | ▼ 90.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4k | €0 | €1k | - |
| Other operating charges640/8 | - | €616 | €1k | €806 | €26k | ▲ 3,166% |
| Non-recurring operating charges66A | - | - | €124 | €0 | - | - |
| Gross operating margin9900 | €16k | €6k | €20k | €5k | €8k | ▲ 44.7% |
| Operating profit (loss)9901 | €6k | €-5k | €-3k | €-16k | €-22k | ▼ 37.9% |
| Financial income75/76B | - | €469 | €1k | €10 | €34 | ▲ 235% |
| Recurring financial income75 | - | €469 | €1k | €10 | €34 | ▲ 235% |
| Financial charges65/66B | - | €987 | €511 | €747 | €709 | ▼ 5.1% |
| Recurring financial charges65 | €220 | €987 | €511 | €747 | €709 | ▼ 5.1% |
| Profit (loss) for the period before taxes9903 | €6k | €-6k | €-2k | €-17k | €-22k | ▼ 35.8% |
| Income taxes67/77 | €2k | - | €33 | €117 | €232 | ▲ 98.1% |
| Profit (loss) for the period9904 | €4k | €-6k | €-2k | €-17k | €-23k | ▼ 36.3% |
| Profit (loss) for the period to be appropriated9905 | €4k | €-6k | €-2k | €-17k | €-23k | ▼ 36.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €66k | €62k | €132k | €111k | €28k | ▼ 74.5% |
| Fixed assets21/28 | €20k | €12k | €88k | €68k | €1k | ▼ 98.2% |
| Tangible fixed assets22/27 | €20k | €12k | €88k | €68k | €1k | ▼ 98.2% |
| Plant, machinery and equipment23 | - | €2k | €3k | €983 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €10k | €86k | €67k | €1k | ▼ 98.1% |
| Current assets29/58 | €46k | €50k | €44k | €43k | €27k | ▼ 37.1% |
| Stocks and contracts in progress3 | €24k | €24k | €26k | €26k | €0 | ▼ 100% |
| Stocks30/36 | - | €24k | €26k | €26k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €19k | €26k | €13k | €13k | €21k | ▲ 64.0% |
| Trade receivables40 | - | €20k | €7k | €12k | €21k | ▲ 80.3% |
| Other amounts receivable41 | - | €6k | €6k | €1k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €927 | €172 | €4k | €2k | €6k | ▲ 175% |
| Deferred charges and accrued income490/1 | - | - | €1k | €2k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €66k | €62k | €132k | €111k | €28k | ▼ 74.5% |
| Equity10/15 | €43k | €37k | €35k | €18k | €-4k | ▼ 124% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €20k | €20k | €16k | €15k | €15k | = |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €0 | - | - | - |
| Other1319 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €18k | €16k | €15k | €15k | = |
| Profit (loss) carried forward14 | €4k | €-1k | €0 | €-16k | €-38k | ▼ 146% |
| Amounts payable17/49 | €24k | €25k | €98k | €93k | €33k | ▼ 64.8% |
| Amounts payable after more than one year17 | €4k | - | €23k | €17k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €23k | €17k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €19k | €25k | €75k | €76k | €33k | ▼ 56.9% |
| Current portion of amounts payable after more than one year42 | - | €4k | €6k | €6k | €0 | ▼ 100% |
| Trade debts44 | €6k | €9k | €5k | €6k | €5k | ▼ 14.1% |
| Suppliers440/4 | - | €9k | €5k | €6k | €5k | ▼ 14.1% |
| Taxes, remuneration and social security45 | - | €5k | €5k | €0 | €9k | - |
| Taxes450/3 | - | - | €623 | €0 | €9k | - |
| Remuneration and social security454/9 | - | €5k | €5k | €0 | - | - |
| Other amounts payable47/48 | - | €6k | €59k | €64k | €19k | ▼ 70.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4k | €-6k | €-2k | €-17k | €-23k | ▼ 36.3% |
| + Depreciation and write-downs630 | €10k | €11k | €18k | €20k | €2k | ▼ 90.3% |
| Operating cash flow (approximation) | €14k | €5k | €16k | €4k | €-21k | ▼ 657% |
| Investment in fixed assets (approximation) | - | €-2k | €-94k | €0 | €65k | - |
| Change in cash | - | €-755 | €3k | €-1k | €4k | ▲ 346% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €8k ▲10%
Operating result €12k, net result €8k, both a record.
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-12
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Zwevegem · 1 establishment unit since 2010
Ground area
333 m²
Building footprint
91 m²
Volume, LiDAR
654 m³
Parcel 34042B0021/00R002, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Griekenlandlaan(Z) 13, 8550 Zwevegem
since 20102.192.284.924
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042B0021/00R002 | Flanders | 333 m² | 1 · 91 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,044 companies in sector 43221 we hold annual accounts for 3,472. 2,376 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
Scores and ratios are computed by Checked and are not a credit decision.