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Denem Tech

Active
Private limited companyfounded 2024active for 1 yearHeikant 59, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 1017.266.516
Summary

Denem Tech has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,969 and a net result of €20,969. Its solvency ranks better than 80% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (32 days) Filed on 1 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00480638.

Turnover
≈ €130,000
Estimated: probably between €94,000 and €210,000
Total assets
€32,215
Net result
€20,969
Working capital
€13,853

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €32,215
Fixed assets €10,117
Current assets €22,098
Equity and liabilities €32,215
Equity €23,969
Debt €8,245
Debt finances 25.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€28,283
Cash flow
€22,839
Current ratio
2.68
Debt to equity
0.34
ROE
87.5%
ROA
65.1%
Interest coverage
over 100
Debt ≤ 1 year
€8,245
Income taxes
€5,397
Staff costs
€99

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€32,215
Fixed assets21/28€10,117
Tangible fixed assets22/27€10,117
Plant, machinery and equipment23€4,592
Furniture and vehicles24€5,525
Current assets29/58€22,098
Amounts receivable within one year40/41€3,931
Trade receivables40€3,032
Other amounts receivable41€898
Cash at bank and in hand54/58€18,167
Equity and liabilities
Total equity and liabilities10/49€32,215
Equity10/15€23,969
Contributions10/11€3,000
Profit (loss) carried forward14€20,969
Amounts payable17/49€8,245
Amounts payable within one year42/48€8,245
Trade debts44€1,890
Suppliers440/4€1,890
Taxes, remuneration and social security45€5,397
Taxes450/3€5,397
Other amounts payable47/48€959
Income statement Code2025
Remuneration, social security and pensions62€99
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,870
Other operating charges640/8€503
Gross operating margin9900€28,885
Operating profit (loss)9901€26,413
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€26,366
Income taxes67/77€5,397
Profit (loss) for the period9904€20,969
Profit (loss) for the period to be appropriated9905€20,969
Appropriation of the result
Profit (loss) to be appropriated9906€20,969

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€99
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,870
Other operating charges640/8€503
Gross operating margin9900€28,885
Operating profit (loss)9901€26,413
Financial income75/76B€3
Recurring financial income75€3
Financial charges65/66B€50
Recurring financial charges65€50
Profit (loss) for the period before taxes9903€26,366
Income taxes67/77€5,397
Profit (loss) for the period9904€20,969
Profit (loss) for the period to be appropriated9905€20,969
Line2025
Assets
Total assets20/58€32,215
Fixed assets21/28€10,117
Tangible fixed assets22/27€10,117
Plant, machinery and equipment23€4,592
Furniture and vehicles24€5,525
Current assets29/58€22,098
Amounts receivable within one year40/41€3,931
Trade receivables40€3,032
Other amounts receivable41€898
Cash at bank and in hand54/58€18,167
Equity and liabilities
Total equity and liabilities10/49€32,215
Equity10/15€23,969
Contributions10/11€3,000
Profit (loss) carried forward14€20,969
Amounts payable17/49€8,245
Amounts payable within one year42/48€8,245
Trade debts44€1,890
Suppliers440/4€1,890
Taxes, remuneration and social security45€5,397
Taxes450/3€5,397
Other amounts payable47/48€959
Line2025
Profit (loss) for the period9904€20,969
+ Depreciation and write-downs630€1,870
Operating cash flow (approximation)€22,839

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 01-09-2026 2026-00480638

Similar companies · same sector, comparable size

Of the 22,641 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,550. 7,773 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €339 awarded
Schemes
1 entry · €339 · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.