Denaca

Active

Private limited company (pre-2019)founded 200917 yrs activeNijverheidstraat 17, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0809.376.512

Summary

The computed 12-month bankruptcy probability of Denaca is 17.3% (high). For Denaca, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €223,694 and a net result of -€595. Equity remains stable across the filed fiscal years (±2.4% per year). The company has been active since 2009 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch Report Compare

DenacaActive

Risk analysis Report Compare

Activity

Activity not known

Size

€630,577total assets 2021

Equity: €223,694
Loss: -€595

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 17.3%

2021 figures too old to score

Structure

Accounts 1162 d overdue

Signals- Figures for FY 2021 (filed 10-02-2023)- 3 financial years not filed after the legal deadline; latest accounts 194 days late; 3 of the last 3 late- Liquidity: current ratio 0.10, cash €33, halved- Two or more financial years not filed- Filed more than 90 days late- Administrative warnings in the KBO publications+ Size: total assets €630,577Show the evidence

Checked score

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2021 · tick = 2020

Weak

Solvency 60=

equity 35.5% of total assets

Liquidity 16=

short-term debt 64.5% · cash 0.0%

Profitability 21-28

return on assets -0.1%

Bankruptcy probability, 12 months

17.3% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 16.7% 12-2024: 16.7%● 0.0% vs 11-2024 01-2025: 16.6%▼ -0.8% vs 12-2024lowest value 02-2025: 16.6%● 0.0% vs 01-2025lowest value 03-2025: 18.2%▲ +9.8% vs 02-2025highest value 04-2025: 18.2%● 0.0% vs 03-2025highest value 05-2025: 17.6%▼ -3.6% vs 04-2025 06-2025: 17.6%● 0.0% vs 05-2025 07-2025: 17.6%● 0.0% vs 06-2025 08-2025: 17.3%▼ -1.8% vs 07-2025 09-2025: 17.3%● 0.0% vs 08-2025 10-2025: 17.3%● 0.0% vs 09-2025 11-2025: 17.3%● 0.0% vs 10-2025 12-2025: 17.3%● 0.0% vs 11-2025 01-2026: 17.3%● 0.0% vs 12-2025 02-2026: 17.3%● 0.0% vs 01-2026 03-2026: 17.3%● 0.0% vs 02-2026 04-2026: 17.3%● 0.0% vs 03-2026 05-2026: 17.3%● 0.0% vs 04-2026 06-2026: 17.3%● 0.0% vs 05-2026 07-2026: 17.3%● 0.0% vs 06-2026 08-2026: 17.3%● 0.0% vs 07-2026 09-2026: 17.3%● 0.0% vs 08-2026 10-2026: 17.3%● 0.0% vs 09-2026

Figures for FY 2021 (filed 10-02-2023) raises the probability
3 financial years not filed after the legal deadline; latest accounts 194 days late; 3 of the last 3 late raises the probability
Liquidity: current ratio 0.10, cash €33, halved raises the probability
Size: total assets €630,577 lowers the probability for this profile

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Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

Figures for FY 2021 (filed 10-02-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

3 financial years not filed after the legal deadline; latest accounts 194 days late; 3 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 0.10, cash €33, halved

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €630,577

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2022 close31-07-2023 deadline05-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 10-02-2023, 194 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

194 d late

2020

507 d late

2019

872 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 3 accounts on average 524 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Strikeout withdrawal