DEN DAI
ActiveSummary
DEN DAI has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €325k and a net result of €2k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 29% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability64▲+41
Solvency46=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.51 in 2023; short-term debt: 46.7% and cash: 4.1% of total assets), but 78.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
30 d late
2022
73 d late
2021
23 d early
2020
2 d early
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€325k▲ 0.8%
2023 · €323k
2018: €580k
2019: €668k
2020: €780k
2021: €525k
2022: €426k
2023: €323k
2018 → 2024
Total assets
€1.52M▼ 1.9%
2023 · €1.55M
2018: €1.11M
2019: €1.74M
2020: €1.84M
2021: €1.47M
2022: €1.33M
2023: €1.55M
2018 → 2024
Net result
€2k
2023 · €-103k
2018: €135k
2019: €88k
2020: €117k
2021: €-61k
2022: €-99k
2023: €-103k
2018 → 2024
Working capital
€420k▲ 15.9%
2023 · €362k
2018: €737k
2019: €757k
2020: €816k
2021: €493k
2022: €399k
2023: €362k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€780k-€525k▼ 32.8%€426k▼ 18.8%€323k▼ 24.2%€325k▲ 0.8%
Operating result€173k-€-46k€-86k▼ 87.3%€-101k▼ 16.3%€15k
Net result€117k-€-61k€-99k▼ 62.1%€-103k▼ 4.6%€2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €101k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.52M
Fixed assets
€390k ▼ 18.4%
Current assets
€1.13M ▲ 5.5%
Equity and liabilities €1.52M
Equity
€325k ▲ 0.8%
Debt
€1.19M ▼ 2.6%
Debt's share of the balance-sheet total falls from 79.2% to 78.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€111k▲
2023 · €9k
Cash flow
€99k▲
2023 · €6k
Current ratio
1.59▲
2023 · 1.51
Quick ratio
1.13▼
2023 · 1.16
Debt to equity
3.67▼
2023 · 3.80
ROE
0.7%▲
2023 · -32.0%
ROA
0.2%▲
2023 · -6.7%
Interest coverage
5.43▲
2023 · 1.49
Debt ≤ 1 year
€710k▲
2023 · €709k
Debt > 1 year
€483k▼
2023 · €516k
Income taxes
€37▲
2023 · €31
Staff costs
€366k▲
2023 · €275k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.55M€1.52M▼
Fixed assets21/28€478k€390k▼
Tangible fixed assets22/27€477k€389k▼
Plant, machinery and equipment23€274k€231k▼
Furniture and vehicles24€11k€9k▼
Other tangible fixed assets26€192k€149k▼
Financial fixed assets28€632€632=
Current assets29/58€1.07M€1.13M▲
Stocks and contracts in progress3€249k€327k▲
Stocks30/36€249k€327k▲
Amounts receivable within one year40/41€718k€736k▲
Trade receivables40€278k€377k▲
Other amounts receivable41€441k€358k▼
Cash at bank and in hand54/58€102k€63k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.55M€1.52M▼
Equity10/15€323k€325k▲
Contributions10/11€25k€25k=
Reserves13€554k€554k=
Non-distributable reserves130/1€22k€0▼
Reserves not available under the articles1311€22k€0▼
Distributable reserves133€533k€554k▲
Profit (loss) carried forward14€-256k€-254k▲
Amounts payable17/49€1.23M€1.19M▼
Amounts payable after more than one year17€516k€483k▼
Financial debts170/4€216k€183k▼
Trade debts175€300k€300k=
Amounts payable within one year42/48€709k€710k▲
Current portion of amounts payable after more than one year42€31k€33k▲
Trade debts44€346k€299k▼
Suppliers440/4€346k€299k▼
Advances received on contracts in progress46€1k€0▼
Taxes, remuneration and social security45€36k€77k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€33k€71k▲
Other amounts payable47/48€295k€301k▲
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20232024
Non-recurring operating income76A€256€0▼
Remuneration, social security and pensions62€275k€366k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€96k▼
Other operating charges640/8€10k€2k▼
Non-recurring operating charges66A€13k€0▼
Gross operating margin9900€307k€480k▲
Operating profit (loss)9901€-101k€15k▲
Financial income75/76B€3k€8k▲
Recurring financial income75€3k€8k▲
Financial charges65/66B€6k€21k▲
Recurring financial charges65€6k€21k▲
Profit (loss) for the period before taxes9903€-103k€2k▲
Income taxes67/77€31€37▲
Profit (loss) for the period9904€-103k€2k▲
Profit (loss) for the period to be appropriated9905€-103k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-256k€-254k▲
Profit (loss) brought forward from the previous period14P€-153k€-256k▼
Social balance
Average headcount (FTE)90877.88.7▲
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-103k
Net result drops to €-103k, the lowest in the series; recovery starts the following year.
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 73 days late
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 48 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tienen · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuvenselaan 8773300 TienenGround area
2,691 m²
Building footprint
302 m²
Volume, LiDAR
981 m³
Parcel 24057B0353/00C000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEN DAI
since 19892.045.626.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24057B0353/00C000 | Flanders | 2,691 m² | 1 · 302 m² | 8.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTienen2.045.626.268
Similar companies · same sector, comparable size
DO SUPERMARCHE
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AERTS
BE 0430.924.082
Heusden-Zolder · Eq €325k
PRIMI
BE 0433.213.183
Heers · Eq €324k
VENTRANS
BE 0862.908.436
Zaventem · Eq €327k
VARIMA
BE 0826.080.506
Lochristi · Eq €323k
Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.