DENDERDAL
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.
| Equity | €56k |
| Net result | €40k |
| Staff (FTE) | 1.5 |
| Better than sector | 60% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.7% | 30.5% | |
| Net result | €40k | €5k | |
| Equity | €56k | €30k | |
| Gross operating margin | €149k | €62k | |
| Staff costs | €71k | €56k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €72k | €23k | €1k | €-2k |
| Net profit | €40k | €13k | €3 | €-4k |
| Cash flow | €47k | €16k | €236 | €-3k |
| Staff costs | €71k | €26k | - | - |
| Income taxes | €21k | €5k | €249 | €239 |
| Dividends | - | - | - | - |
| Total assets | €132k | €98k | €5k | €5k |
| Equity | €56k | €16k | €3k | €3k |
| Debt | €76k | €82k | €2k | €2k |
| of which ≤ 1y | €58k | €58k | €2k | €2k |
| of which > 1y | €18k | €25k | - | - |
| Working capital | €46k | €9k | €3k | €3k |
| Employees (FTE) | 1.5 | 0.5 | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.79 | 1.16 | 2.54 | 2.35 |
| Quick ratio | 1.68 | 0.96 | 2.54 | 2.35 |
| Working capital ratio | 34.4% | 9.2% | 60.6% | 54.7% |
| Solvency | 42.7% | 16.3% | 60.6% | 59.6% |
| Debt / equity | 1.34 | 5.14 | 0.65 | 0.68 |
| Long-term debt ratio | 0.32 | 1.53 | - | - |
| Interest coverage | 19.36 | 11.51 | 1.58 | -2.58 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 30.6% | 13.4% | 0.1% | -80.9% |
| ROE | 71.6% | 82.3% | 0.1% | -135.8% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €132k | €98k | €5k | €5k |
| Fixed assets | 21/28 | €29k | €32k | €0 | €232 |
| Intangible fixed assets | 21 | €2k | €4k | - | - |
| Tangible fixed assets | 22/27 | €16k | €18k | €0 | €232 |
| Financial fixed assets | 28 | €10k | €10k | - | - |
| Current assets | 29/58 | €103k | €67k | €5k | €5k |
| Stocks & contracts in progress | 3 | €6k | €12k | - | - |
| Amounts receivable within one year | 40/41 | €4k | €5k | €4k | €2k |
| Cash & bank | 54/58 | €91k | €49k | €401 | €2k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €132k | €98k | €5k | €5k |
| Equity | 10/15 | €56k | €16k | €3k | €3k |
| Contributions / capital | 10/11 | €5k | €5k | €5k | €5k |
| Reserves | 13 | €51k | €11k | - | - |
| Accumulated profits (losses) | 14 | - | €0 | €-2k | €-2k |
| Amounts payable | 17/49 | €76k | €82k | €2k | €2k |
| Amounts payable after one year | 17 | €18k | €25k | - | - |
| Amounts payable within one year | 42/48 | €58k | €58k | €2k | €2k |
| Trade debts payable within one year | 44 | €17k | €16k | €930 | €0 |
| Income statement | |||||
| Gross operating margin | 9900 | €149k | €58k | €2k | €-2k |
| Operating result | 9901 | €66k | €20k | €1k | €-3k |
| Financial income | 75 | €120 | €22 | - | €0 |
| Financial charges | 65 | €4k | €2k | €841 | €899 |
| Result before taxes | 9903 | €62k | €18k | €252 | €-4k |
| Income taxes | 67/77 | €21k | €5k | €249 | €239 |
| Net result for the period | 9904 | €40k | €13k | €3 | €-4k |
| Result to be appropriated | 9905 | €40k | €13k | €3 | €-4k |
Former directors (1)
-
Kim VerhulstDirectorState Gazette act 22051807 (25-04-2022)Former- → 03-09-2021
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 30-07-2019 |
| Status | Active |
| Postal code | 9300 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A1181/00A000 | Flanders | 100 m² | 1 · 100 m² | 14.1 m · 4 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-06-2025 Registered office moved within Aalst
- Leo de Béthunelaan 72 bus 17 9300 Aalst → Grote Markt 8 9300 Aalst
Technical details
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"act_meta": {
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"subject_company": {
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"co_filed_documents": [
"kopie na neerlegging van de akte ter griffie"
]
}17-11-2023 Registered office moved within Aalst
- Alfons Van de Maelestraat 29 bus 21 - Aalst 9320 → Leo De Béthunelaan 72 bus 17 9300 Aalst
Technical details
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"country": "BE",
"postcode": "9320",
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"street_number": "29",
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],
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"act_meta": {
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"filing_date": "2023-11-07",
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"date": "2023-10-20",
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"person_name": "Kevin Verhulst",
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"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad--17/11/2023---Annexes du-Moniteur belge"
]
}25-04-2022 Mandate of Kim Verhulst as director expired
- Kim Verhulst, Bestuurder
Technical details
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}| Legal nameNL | DENDERDAL |