Financials
- Fiscal year
- 2025
- Total assets
- €162,845
- Profit
- €170
- Solvency
- 11.7%
Total assets▲ 0.6%
Net result
20182025
DEN AREND
ActiveSummary
DEN AREND has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,106 and a net result of €170. Equity is shrinking by ~23.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 28% of 741 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Book publishing
NACE 58110Manufacture of rubber and plastic products NACE 22110
1 site
Size
€162,845total assets 2025
- Equity
- €19,106
- Profit
- €170
Turnover not published (abridged schema)
Structure
Accounts 17 d early0 of 5 deeds read
Why 90- Liquidity: current ratio 0.04, cash €1,440, halved+ Size: total assets €162,845+ Founded in 1990+ Figures for FY 2025 (filed 14-07-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 32% of its sector peers (NACE 58, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
37=
equity 11.7% of total assets
Liquidity
2-2
short-term debt 88.1% · cash 0.9%
Profitability
69+69
return on assets 0.1%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 18 months
05-2025: 0.2%
06-2025: 0.3%▲ +11.6% vs 05-2025
07-2025: 0.3%▲ +26.7% vs 06-2025highest value
08-2025: 0.3%▼ -19.3% vs 07-2025
09-2025: 0.3%● 0.0% vs 08-2025
10-2025: 0.3%● 0.0% vs 09-2025
11-2025: 0.3%● 0.0% vs 10-2025
12-2025: 0.3%● 0.0% vs 11-2025
01-2026: 0.3%● 0.0% vs 12-2025
02-2026: 0.3%● 0.0% vs 01-2026
03-2026: 0.3%● 0.0% vs 02-2026
04-2026: 0.3%▼ -1.1% vs 03-2026
05-2026: 0.3%▼ -0.7% vs 04-2026
06-2026: 0.3%▲ +11.4% vs 05-2026
07-2026: 0.3%▲ +12.6% vs 06-2026
08-2026: 0.1%▼ -65.0% vs 07-2026lowest value
09-2026: 0.1%● 0.0% vs 08-2026lowest value
10-2026: 0.1%● 0.0% vs 09-2026lowest value
- Size: total assets €162,845 lowers the probability for this profile
- Founded in 1990 lowers the probability for this profile
- Liquidity: current ratio 0.04, cash €1,440, halved raises the probability
- Figures for FY 2025 (filed 14-07-2026) lowers the probability
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.04 in 2024; short-term debt: 88.1% and cash: 0.9% of total assets), and 88.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 58, micro). Better than this share of them on solvency 27%, liquidity 3%, profitability 47%, growth against the median 48%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
21 d early
2023
15 d early
2022
25 d early
2021
5 d early
2020
5 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
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. Usually files around 14 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €170
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 31-07-2027
- 14-07-2026Annual accounts filed
- 31-12-2025Back to profit
- 10-07-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Book publishingNACE 58110
- Founded
- 26-04-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.