DENDER
ActiveSummary
DENDER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156k and a net result of €23k. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 1544 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-7
Solvency79▼-21
Growth75▲+2
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 3.77 in 2024; short-term debt: 39.5% and cash: 26.3% of total assets), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
53.6%
Return on assets
8%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-09-2026, 51 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
51 d late
2024
25 d late
2023
4 d late
2022
21 d late
2021
30 d late
2020
30 d late
2019
53 d late
← 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
Turnover
€1.05M▲ 16.2%
2024 · €902k
2018: €519k
2019: €552k
2020: €628k
2021: €631k
2022: €719k
2023: €913k
2024: €902k
2018 → 2025
EBIT margin
3.4%▼ 0.8pp
2024 · 4.2%
2018: 0.5%
2019: 0.3%
2020: 2.5%
2021: -0.2%
2022: 0.9%
2023: 3.8%
2024: 4.2%
2018 → 2025
Net result
€23k▼ 19.9%
2024 · €29k
2018: €1k
2019: €641
2020: €12k
2021: €-6k
2022: €3k
2023: €16k
2024: €29k
2018 → 2025
Working capital
€103k▲ 11.2%
2024 · €93k
2018: €79k
2019: €78k
2020: €89k
2021: €81k
2022: €86k
2023: €58k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€631k-€719k▲ 14.0%€913k▲ 27.1%€902k▼ 1.3%€1.05M▲ 16.2%
Equity€84k-€87k▲ 3.8%€103k▲ 18.4%€133k▲ 28.2%€156k▲ 17.6%
Operating result€-1k-€6k€35k▲ 444%€38k▲ 8.0%€35k▼ 6.2%
Net result€-6k-€3k€16k▲ 399%€29k▲ 81.5%€23k▼ 19.9%
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 falls in 2025; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€73k ▲ 82.2%
Current assets
€218k ▲ 72.9%
Equity and liabilities €291k
Equity
€156k ▲ 17.6%
Debt
€135k ▲ 303%
Debt's share of the balance-sheet total rises from 20.1% to 46.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €43k
Cash flow
€38k▲
2024 · €34k
Current ratio
1.90▼
2024 · 3.77
Quick ratio
1.27▼
2024 · 2.95
Debt to equity
0.86▲
2024 · 0.25
ROE
15.0%▼
2024 · 22.0%
ROA
8.0%▼
2024 · 17.6%
Interest coverage
12.28▼
2024 · 12.35
Debt ≤ 1 year
€115k▲
2024 · €33k
Debt > 1 year
€20k
Income taxes
€8k▲
2024 · €5k
Staff costs
€156k▼
2024 · €157k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€166k€291k▲
Fixed assets21/28€40k€73k▲
Intangible fixed assets21€40k€35k▼
Tangible fixed assets22/27-€38k
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€36k
Current assets29/58€126k€218k▲
Stocks and contracts in progress3€27k€72k▲
Stocks30/36€27k€72k▲
Amounts receivable within one year40/41€57k€70k▲
Trade receivables40€55k€55k=
Other amounts receivable41€1k€15k▲
Cash at bank and in hand54/58€42k€77k▲
Equity and liabilities
Total equity and liabilities10/49€166k€291k▲
Equity10/15€133k€156k▲
Contributions10/11€17k€17k=
Reserves13€35k€35k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€81k€104k▲
Amounts payable17/49€33k€135k▲
Amounts payable after more than one year17-€20k
Financial debts170/4-€20k
Amounts payable within one year42/48€33k€115k▲
Current portion of amounts payable after more than one year42-€17k
Trade debts44€30k€94k▲
Suppliers440/4€30k€94k▲
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€4k▲
Income statement
Code20242025
Turnover70€902k€1.05M▲
Goods, raw materials, services and sundry goods60/61€701k€831k▲
Remuneration, social security and pensions62€157k€156k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€15k▲
Other operating charges640/8€949€10k▲
Gross operating margin9900€201k€217k▲
Operating profit (loss)9901€38k€35k▼
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€34k€31k▼
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€29k€23k▼
Profit (loss) for the period to be appropriated9905€29k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€104k▲
Profit (loss) brought forward from the previous period14P€52k€81k▲
The notes to these accounts (8 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
20-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 51 days late
2025
31-12
Financial
Equity above €150kEq €156k ▲17.6%
4 profitable years in a row build equity to €156k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €29k ▲81.5%
Operating result €38k, net result €29k, both a record.
04-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲18.4%
2 profitable years in a row build equity to €103k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-6k ▼152%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
Show earlier events
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Dendermonde · 1 establishment unit since 2011
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.
Oude Vest (DEN) 1249200 DendermondeGround area
142 m²
Building footprint
142 m²
Volume, LiDAR
1,084 m³
Parcel 42006D0724/00C000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DENDER
since 20112.203.298.778
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006D0724/00C000 | Flanders | 142 m² | 1 · 142 m² | 12.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.203.298.778
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Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,567 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
Founded04-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.