Financials
- Fiscal year
- 2024
- Total assets
- €24,857
- Profit
- €3,050
- Solvency
- -14.0%
Total assets▲ 14.8%
Net result
20182024
D EN D
ActiveSummary
D EN D has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€3,492) and a net result of €3,050. Equity is growing by ~5.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).
Overview
Activity
Activity not known1 site
Size
€24,857total assets 2024
- Equity
- -€3,492
- Profit
- €3,050
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue
Why 56Capped at 59: negative equity- Figures for FY 2024 (filed 04-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 31 days late; 3 of the last 3 late+ Founded in 1989+ Liquidity: current ratio 0.80, cash €21,447Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (NACE 46, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency
11+11
equity -14.0% of total assets
Liquidity
50=
short-term debt 114.0% · cash 86.3%
Profitability
84-16
return on assets 12.3%
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.7%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%▲ +0.1 percentage points vs 08-2025
10-2025: 0.5%▼ -0.3 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026
10-2026: 1.2%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.8 against 0.66 in 2023; short-term debt: 114% and cash: 86.3% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 13% on solvency, 51% on liquidity, 78% on profitability and 87% on growth.
The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 days late
2023
31 days late
2021
176 days late
2020
541 days late
2019
905 days late
2018
1271 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 493 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Highest result since 2018net €6,184 ▲5,561%
Key points
By topic
Timeline
- Events
- 12
- Since
- 2015
- 23-01-2023Annual accounts filed
- 23-01-2023Annual accounts filed
- 22-01-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 05-12-1989
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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