Checked.be
Active
BE 0436.196.330Coöperatieve vennootschap met beperkte aansprakelijkheid
DENEYER
Hoogstraat 371 ·1000 Brussel, Belgium· 37 yrs active
Sector: Funeral services
(96301)
Conclusion
DENEYER has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €-2k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 50% of 6160 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €272k |
| Net result | €-2k |
| Staff (FTE) | 1 |
| Better than sector | 50% |
Financial profile
56
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
63
Profitability
0
Solvency
60
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1988, 37 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
63
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€17k
estimate, not credit advice
Score history
55
2022
42
2023
63
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.92 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.80 (≥ 1.0)
+5
Profitability
Negatieve ROE -1%
-10
Interest coverage
Interest coverage 2.2×
+3
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~6%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2024 · NACE 96, Personal service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.0% | 24.8% | |
| Net result | €-2k | €3k | |
| Equity | €272k | €14k | |
| Gross operating margin | €94k | €27k | |
| Staff costs | €10k | €41k |
€74k
+125.9%
22-24
€-2k
+94.9%
22-24
€49k
+334.8%
22-24
€1.09M
-4.2%
22-24
€272k
-0.6%
22-24
€174k
-3.2%
22-24
1
-
22-24
€10k
+778.2%
22-24
€334
-4.3%
22-24
€766k
-5.5%
22-24
€190k
+3.1%
22-24
€576k
-8.0%
22-24
1.92
-3.0%
22-24
1.80
-2.3%
22-24
25.0%
+3.8%
22-24
2.82
-5.0%
22-24
-0.6%
+94.8%
22-24
-0.1%
+94.6%
22-24
2.18
+67.0%
22-24
Figures by fiscal year and ratios
Change versus the prior fiscal year, coloured by direction (green = favourable).
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | +125.9% | - | - |
| Net profit | +94.9% | -56.4% | - |
| Cash flow | +334.8% | - | - |
| Staff costs | +778.2% | - | - |
| Income taxes | -4.3% | -92.8% | - |
| Dividends | - | - | - |
| Total assets | -4.2% | +194.5% | - |
| Equity | -0.6% | -10.2% | - |
| Debt | -5.5% | +2804.0% | - |
| of which ≤ 1y | +3.1% | +560.7% | - |
| of which > 1y | -8.0% | - | - |
| Working capital | -3.2% | +6.5% | - |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.92 | 1.98 | 7.06 |
| Quick ratio | 1.80 | 1.84 | 6.41 |
| Working capital ratio | 16.0% | 15.9% | 43.9% |
| Solvency | 25.0% | 24.1% | 78.9% |
| Debt / equity | 2.82 | 2.97 | 0.09 |
| Long-term debt ratio | 2.12 | 2.29 | - |
| Interest coverage | 2.18 | 1.31 | -4.75 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -0.1% | -2.7% | -5.1% |
| ROE | -0.6% | -11.3% | -6.5% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.09M | €1.14M | €386k |
| Fixed assets | 21/28 | €724k | €772k | €189k |
| Tangible fixed assets | 22/27 | €724k | €771k | €15k |
| Financial fixed assets | 28 | €87 | €87 | €174k |
| Current assets | 29/58 | €365k | €364k | €197k |
| Stocks & contracts in progress | 3 | €22k | €25k | €18k |
| Amounts receivable within one year | 40/41 | €160k | €143k | €122k |
| Cash & bank | 54/58 | €4k | €15k | €19k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.09M | €1.14M | €386k |
| Equity | 10/15 | €272k | €273k | €304k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €255k | €259k | €263k |
| Accumulated profits (losses) | 14 | €-2k | €-4k | €23k |
| Provisions & deferred taxes | 16 | €51k | €52k | €54k |
| Amounts payable | 17/49 | €766k | €811k | €28k |
| Amounts payable after one year | 17 | €576k | €626k | - |
| Amounts payable within one year | 42/48 | €190k | €184k | €28k |
| Trade debts payable within one year | 44 | €28k | €25k | €3k |
| Income statement | ||||
| Gross operating margin | 9900 | €94k | €68k | €28k |
| Operating result | 9901 | €24k | €-9k | €-13k |
| Financial income | 75 | €8k | €3k | €166 |
| Financial charges | 65 | €34k | €25k | €2k |
| Result before taxes | 9903 | €-3k | €-32k | €-15k |
| Income taxes | 67/77 | €334 | €350 | €5k |
| Net result for the period | 9904 | €-2k | €-31k | €-20k |
| Result to be appropriated | 9905 | €2k | €-27k | €-20k |
Legal Structure
| NACE primary | Funeral services(96301) |
| Legal form | Coöperatieve vennootschap met beperkte aansprakelijkheid(008) |
| Incorporation | 07-12-1988 |
| Status | Active |
| Postal code | 1000 |
Establishment units
Hoogstraat 371, 1000 Brussel
since 19892.041.803.874
Division Wanfercée - Baulet
since 20252.384.753.512
Real-estate footprint
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0721/00F000 | Brussels | 596 m² | 1 · 558 m² | 24.1 m · 7 fl. |
| 52071C0858/00F000 | Wallonia | 371 m² | 1 · 20 m² | 6.1 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
93031Funeral services96301
Names & trade names
| Legal nameFR | DENEYER |
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