DENCO
ActiveSummary
DENCO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €661k and a net result of €112k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 67% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+13
Solvency100▲+45
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.98 against 1.43 in 2024; short-term debt: 18.2% and cash: 14.4% of total assets), and 25% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75%
Return on assets
12.7%
Age of the figures
9 mo
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
28 d early
2023
23 d early
2022
32 d early
2021
17 d early
2020
33 d early
2019
50 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€661k▼ 9.5%
2024 · €730k
2018: €725k
2019: €1.92M
2020: €2.04M
2021: €2.14M
2022: €2.21M
2023: €2.30M
2024: €730k
2018 → 2025
Total assets
€881k▼ 63.3%
2024 · €2.40M
2018: €1.55M
2019: €2.60M
2020: €2.32M
2021: €2.36M
2022: €2.33M
2023: €2.42M
2024: €2.40M
2018 → 2025
Net result
€112k▲ 672%
2024 · €15k
2018: €201k
2019: €1.20M
2020: €108k
2021: €134k
2022: €74k
2023: €93k
2024: €15k
2018 → 2025
Working capital
€640k▼ 8.2%
2024 · €697k
2018: €449k
2019: €1.75M
2020: €2.02M
2021: €2.10M
2022: €2.12M
2023: €2.16M
2024: €697k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.14M-€2.21M▲ 3.5%€2.30M▲ 4.2%€730k▼ 68.3%€661k▼ 9.5%
Operating result€87k-€97k▲ 11.9%€83k▼ 14.5%€24k▼ 71.5%€26k▲ 9.4%
Net result€134k-€74k▼ 45.0%€93k▲ 26.1%€15k▼ 84.4%€112k▲ 672%
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 recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €881k
Fixed assets
€80k ▼ 13.2%
Current assets
€801k ▼ 65.3%
Equity and liabilities €881k
Equity
€661k ▼ 9.5%
Debt
€221k ▼ 86.8%
Debt's share of the balance-sheet total falls from 69.6% to 25.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47k▼
2024 · €55k
Cash flow
€133k▲
2024 · €46k
Current ratio
4.98▲
2024 · 1.43
Debt to equity
0.33▼
2024 · 2.29
ROE
17.0%▲
2024 · 2.0%
ROA
12.7%▲
2024 · 0.6%
Interest coverage
0.25▼
2024 · 0.51
Debt ≤ 1 year
€161k▼
2024 · €1.61M
Debt > 1 year
€60k=
2024 · €60k
Income taxes
€133k▲
2024 · €44k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.40M€881k▼
Fixed assets21/28€93k€80k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€93k€80k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€19k€18k▼
Other tangible fixed assets26€71k€57k▼
Current assets29/58€2.31M€801k▼
Amounts receivable within one year40/41€12k€38k▲
Trade receivables40€11k€38k▲
Other amounts receivable41€1k€118▼
Current investments50/53€2.11M€628k▼
Cash at bank and in hand54/58€176k€127k▼
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€2.40M€881k▼
Equity10/15€730k€661k▼
Contributions10/11€38k€38k=
Reserves13€693k€623k▼
Tax-exempt reserves132€72k-
Distributable reserves133€621k€623k▲
Amounts payable17/49€1.67M€221k▼
Amounts payable after more than one year17€60k€60k=
Financial debts170/4€60k€60k=
Amounts payable within one year42/48€1.61M€161k▼
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Taxes, remuneration and social security45€11k€93k▲
Taxes450/3€11k€88k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€1.59M€50k▼
Accrued charges and deferred income492/3-€1
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€21k▼
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A€27k-
Gross operating margin9900€87k€50k▼
Operating profit (loss)9901€24k€26k▲
Financial income75/76B€143k€407k▲
Recurring financial income75€33k€12k▼
Non-recurring financial income76B€110k€395k▲
Financial charges65/66B€108k€188k▲
Recurring financial charges65€108k€188k▲
Profit (loss) for the period before taxes9903€59k€245k▲
Income taxes67/77€44k€133k▲
Profit (loss) for the period9904€15k€112k▲
Transfer from tax-exempt reserves789-€72k
Profit (loss) for the period to be appropriated9905€15k€184k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€184k▲
Transfer from equity791/2€1.59M€182k▼
Transfer to equity691/2€15k€184k▲
To other reserves6921€15k€184k▲
Profit to be distributed694/7€1.59M€182k▼
Return on contributions (dividend)694€1.59M€182k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 4.98
Current ratio from 1.43 to 4.98; short-term debt falls from €1.61M to €161k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €15k ▼84.4%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €2MEq €2.04M ▲6.2%
3 profitable years in a row build equity to €2.04M.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €1.20M ▲495%
Net result €1.20M, the highest in the series.
31-12
Financial
Equity above €1MEq €1.92M ▲165%
2 profitable years in a row build equity to €1.92M.
Show earlier events
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2014
05-11
State Gazette act
General meeting · Director appointment
Director resignation · Mandate compensation
2013
05-04
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
2012
27-03
State Gazette act
Board meeting · Power of attorney
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Roosdaal · 1 establishment unit since 2000
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.
Koning Albertstraat 821760 RoosdaalGround area
1,789 m²
Building footprint
216 m²
Volume, LiDAR
1,161 m³
Parcel 23723B0041/00V000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koning Albertstraat 82, 1760 Roosdaal
since 20002.100.971.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23723B0041/00V000 | Flanders | 1,789 m² | 1 · 216 m² | 8.0 m · 2 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
4 locations
Recognitions · licences · registrations
Legal Entity Identifier
9676009O2XN5V3Y2GX42
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 5,011 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
Founded13-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.