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DENDONCKER

Active
Private limited companyfounded 201213 yrs activeVichtestraat(O) 12, 8553 Zwevegem, BelgiumKBO/BCE: BE 0508.801.523

DENDONCKER has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €85k and a net result of €20k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 84% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
100 / 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+71
Solvency100=
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.69 against 5.55 in 2023), and 20.1% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
17 d early
2023
27 d early
2022
36 d early
2021
5 d early
2020
18 d late
2019
2 d early
← before the deadline after the deadline →
neutral · 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 2024, micro schema

Equity
€85k▲ 30.3%
2023 · €65k
2018: €75k 2019: €72k 2020: €43k 2021: €55k 2022: €61k 2023: €65k
2018 → 2024
Total assets
€106k▲ 28.1%
2023 · €83k
2018: €154k 2019: €147k 2020: €46k 2021: €86k 2022: €91k 2023: €83k
2018 → 2024
Net result
€20k▲ 417%
2023 · €4k
2018: €2k 2019: €-3k 2020: €-29k 2021: €12k 2022: €6k 2023: €4k
2018 → 2024
Working capital
€75k▲ 41.5%
2023 · €53k
2018: €21k 2019: €22k 2020: €43k 2021: €44k 2022: €47k 2023: €53k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€43k-€55k▲ 26.9%€61k▲ 11.5%€65k▲ 6.2%€85k▲ 30.3%
Operating result€-29k-€15k€8k▼ 43.3%€5k▼ 41.8%€26k▲ 438%
Net result€-29k-€12k€6k▼ 45.6%€4k▼ 39.7%€20k▲ 417%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2020: €-29k€-29kNet result 2020: €-29k€-29kOperating result 2021: €15k€15kNet result 2021: €12k€12kOperating result 2022: €8k€8kNet result 2022: €6k€6kOperating result 2023: €5k€5kNet result 2023: €4k€4kOperating result 2024: €26k€26kNet result 2024: €20k€20k20202021202220232024
The operating result recovers in 2024; 2024 is 438% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €106k
Fixed assets €10k▼ 42.5%
Current assets €96k▲ 47.5%
Equity and liabilities €106k
Equity €85k▲ 30.3%
Debt €21k▲ 20.0%
The debt ratio falls from 21.4% to 20.1%: equity grows faster than debt.
Key figures and ratios
2024 value · change against 2023
EBITDA
€34k
2023 · €12k
Cash flow
€27k
2023 · €11k
Solvency
79.9%
2023 · 78.6%
Current ratio
4.69
2023 · 5.55
Quick ratio
4.69
2023 · 5.55
Debt / equity
0.25
2023 · 0.27
ROE
23.3%
2023 · 5.9%
ROA
18.6%
2023 · 4.6%
Interest coverage
231.39
2023 · 53.41
Debt
€21k
2023 · €18k
Debt ≤ 1 year
€20k
2023 · €12k
Debt > 1 year
€866
2023 · €6k
Income taxes
€8k
2023 · €2k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€83k€106k
Fixed assets21/28€18k€10k
Tangible fixed assets22/27€18k€10k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€15k€8k
Current assets29/58€65k€96k
Amounts receivable within one year40/41€32k€53k
Trade receivables40€26k€51k
Other amounts receivable41€6k€3k
Cash at bank and in hand54/58€33k€40k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€83k€106k
Equity10/15€65k€85k
Contributions10/11€20k€20k=
Reserves13€45k€65k
Distributable reserves133€45k€65k
Amounts payable17/49€18k€21k
Amounts payable after more than one year17€6k€866
Financial debts170/4€6k€866
Amounts payable within one year42/48€12k€20k
Current portion of amounts payable after more than one year42€5k€5k
Trade debts44€7k€11k
Suppliers440/4€7k€11k
Taxes, remuneration and social security45€0€5k
Taxes450/3€0€5k
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€824€915
Gross operating margin9900€13k€35k
Operating profit (loss)9901€5k€26k
Financial income75/76B€707€1k
Recurring financial income75€707€1k
Financial charges65/66B€233€146
Recurring financial charges65€233€146
Profit (loss) for the period before taxes9903€5k€27k
Income taxes67/77€2k€8k
Profit (loss) for the period9904€4k€20k
Profit (loss) for the period to be appropriated9905€4k€20k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€20k
Transfer to equity691/2€4k€20k
To other reserves6921€4k€20k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €20k ▲417%
Operating result €26k, net result €20k, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €12k
Net result €12k after 2 loss-making years.
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 14current ratio 17.54
Current ratio from 1.29 to 17.54; short-term debt falls from €75k to €3k.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Zwevegem · 1 establishment unit since 2013
establishment The establishment unit on the map
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.

Vichtestraat(O) 128553 Zwevegem
Ground area
4,270 m²
Building footprint
233 m²
Volume, LiDAR
1,092 m³
Parcel 34030A0055/00E000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DENDONCKER
Vichtestraat(O) 12, 8553 ZwevegemReal estate development
since 20132.215.523.154
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34030A0055/00E000 Flanders 4,270 m² 1 · 233 m² 9.7 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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 502 EUR awarded · 502 EUR paid
Year Entries awardedpaid
2023 1 502 EUR502 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 502 EUR · 502 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 5,228 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-12-2012
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.