DENDERDAL

Active

Private limited companyfounded 20197 yrs activeGrote Markt 8, 9300 Aalst, BelgiumKBO/BCE: BE 0731.685.252

The computed 12-month bankruptcy probability of DENDERDAL is 3.0% (moderate). The 2025 annual accounts show equity of €56k and a net result of €40k. Equity is growing by ~209.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 12499 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

94 / 100

Excellent▲ +23 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency82▲+56

Growth78=

Stability100

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 1.79 against 1.16 in 2024), but 57.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

42.7%

Return on assets

30.6%

Age of the figures

11 mo

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

2 d early

2024

1 d early

2023

2 d early

2022

13 d early

2021

25 d early

2020

36 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

05-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€56k▲ 252%

2024 · €16k

2022: €3k 2023: €3k 2024: €16k

2022 → 2025

Total assets

€132k▲ 34.5%

2024 · €98k

2022: €5k 2023: €5k 2024: €98k

2022 → 2025

Net result

€40k▲ 207%

2024 · €13k

2022: €-4k 2023: €3 2024: €13k

2022 → 2025

Working capital

€46k▲ 403%

2024 · €9k

2022: €3k 2023: €3k 2024: €9k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€3k-€3k▲ 0.1%€16k▲ 466%€56k▲ 252%

Operating result€-3k-€1k€20k▲ 1,704%€66k▲ 232%

Net result€-4k-€3€13k▲ 398,382%€40k▲ 207%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2025 is 232% above 2024 and is the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €132k

21.8%

78.2%

Fixed assets €29k▼ 8.5%

Current assets €103k▲ 54.7%

Equity and liabilities €132k

42.7%

57.3%

Equity €56k▲ 252%

Debt €76k▼ 7.9%

The debt ratio falls from 83.7% to 57.3%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€72k▲

2024 · €23k

Cash flow

€47k▲

2024 · €16k

Solvency

42.7%▲

2024 · 16.3%

Current ratio

1.79▲

2024 · 1.16

Quick ratio

1.68▲

2024 · 0.96

Debt / equity

1.34▼

2024 · 5.14

ROE

71.6%▼

2024 · 82.3%

ROA

30.6%▲

2024 · 13.4%

Interest coverage

19.36▲

2024 · 11.51

Debt

€76k▼

2024 · €82k

Debt ≤ 1 year

€58k▲

2024 · €58k

Debt > 1 year

€18k▼

2024 · €25k

Income taxes

€21k▲

2024 · €5k

Staff costs

€71k▲

2024 · €26k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Total assets 20/58€98k€132k▲

Fixed assets 21/28€32k€29k▼

Intangible fixed assets 21€4k€2k▼

Tangible fixed assets 22/27€18k€16k▼

Financial fixed assets 28€10k€10k=

Current assets 29/58€67k€103k▲

Stocks & contracts in progress 3€12k€6k▼

Amounts receivable within one year 40/41€5k€4k▼

Cash & bank 54/58€49k€91k▲

Total equity & liabilities 10/49€98k€132k▲

Equity 10/15€16k€56k▲

Contributions / capital 10/11€5k€5k=

Reserves 13€11k€51k▲

Accumulated profits (losses) 14€0-

Amounts payable 17/49€82k€76k▼

Amounts payable after one year 17€25k€18k▼

Amounts payable within one year 42/48€58k€58k▲

Trade debts payable within one year 44€16k€17k▲

Income statement Code20242025

Gross operating margin 9900€58k€149k▲

Operating result 9901€20k€66k▲

Financial income 75€22€120▲

Financial charges 65€2k€4k▲

Result before taxes 9903€18k€62k▲

Income taxes 67/77€5k€21k▲

Net result for the period 9904€13k€40k▲

Result to be appropriated 9905€13k€40k▲

Timeline · acts, filings and financial milestones

All 11Financial 2Gazette 3Filings 6

Next filing, fiscal year 2026, expected by 30-04-2027

2026

28-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-09

Financial Highest result since 2022net €40k ▲207%

Operating result €66k, net result €40k, both a record.

12-06

State Gazette act Registered-office change

29-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-04

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

17-11

State Gazette act Registered-office change

30-09

Financial Back to profitnet €3

Net result €3 after one loss-making year.

17-04

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

25-04

State Gazette act Director changes

05-04

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

25-03

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

3 of 4 acts read

About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 3 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

no sitting director, last change in 2021

No sitting directors are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

03-09-2021 Resigned as Director

Not every act has been read: a resignation may be missing here

1 of this company's 4 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Aalst · 1 establishment unit since 2019

exact location from the address register On OpenStreetMap

Ground area

100 m²

Building footprint

100 m²

Volume, LiDAR

1,123 m³

Parcel 41002A1181/00A000, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

De Beiaard