Denico
ActiveSummary
Denico has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262,750 and a net result of -€3,915. Equity remains stable across the filed fiscal years (±0.6% per year). The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
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Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €53 | €650 | €650 | = |
| Other operating charges640/8 | €671 | €577 | €589 | €634 | €652 | ▲ 2.8% |
| Gross operating margin9900 | -€1,064 | -€2,247 | -€7,803 | -€2,651 | -€2,645 | ▲ 0.2% |
| Operating profit (loss)9901 | -€1,736 | -€2,824 | -€8,445 | -€3,935 | -€3,947 | ▼ 0.3% |
| Financial income75/76B | €1,083 | €274 | €0 | €5,553 | €114 | ▼ 97.9% |
| Recurring financial income75 | €1,083 | €274 | €0 | €5,553 | €114 | ▼ 97.9% |
| Financial charges65/66B | €28 | €23 | €24 | €63 | €82 | ▲ 30.0% |
| Recurring financial charges65 | €28 | €23 | €24 | €63 | €82 | ▲ 30.0% |
| Profit (loss) for the period before taxes9903 | -€681 | -€2,573 | -€8,469 | €1,554 | -€3,915 | ▼ 352% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€681 | -€2,573 | -€8,469 | €1,554 | -€3,915 | ▼ 352% |
| Profit (loss) for the period to be appropriated9905 | -€681 | -€2,573 | -€8,469 | €1,554 | -€3,915 | ▼ 352% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €280,380 | €277,723 | €268,317 | €268,737 | €263,688 | ▼ 1.9% |
| Fixed assets21/28 | €47,024 | €47,024 | €48,922 | €48,271 | €47,621 | ▼ 1.3% |
| Tangible fixed assets22/27 | €47,024 | €47,024 | €48,922 | €48,271 | €47,621 | ▼ 1.3% |
| Land and buildings22 | €47,024 | €47,024 | €47,024 | €47,024 | €47,024 | = |
| Furniture and vehicles24 | - | - | €1,898 | €1,247 | €597 | ▼ 52.1% |
| Current assets29/58 | €233,356 | €230,699 | €219,395 | €220,466 | €216,067 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €219,422 | €216,696 | €12,696 | €114,362 | €114,280 | ▼ 0.1% |
| Other amounts receivable41 | €219,422 | €216,696 | €12,696 | €114,362 | €114,280 | ▼ 0.1% |
| Current investments50/53 | - | - | €150,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €13,934 | €14,003 | €56,699 | €106,104 | €101,787 | ▼ 4.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €280,380 | €277,723 | €268,317 | €268,737 | €263,688 | ▼ 1.9% |
| Equity10/15 | €276,154 | €273,581 | €265,111 | €266,665 | €262,750 | ▼ 1.5% |
| Contributions10/11 | €185,920 | €185,920 | €185,920 | €185,920 | €185,920 | = |
| Capital10 | €185,920 | €185,920 | €185,920 | €185,920 | €185,920 | = |
| Issued capital100 | €185,920 | €185,920 | €185,920 | €185,920 | €185,920 | = |
| Reserves13 | €90,234 | €87,660 | €79,191 | €80,745 | €76,830 | ▼ 4.8% |
| Non-distributable reserves130/1 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Legal reserve130 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Distributable reserves133 | €71,642 | €69,068 | €60,599 | €62,153 | €58,238 | ▼ 6.3% |
| Amounts payable17/49 | €4,227 | €4,143 | €3,205 | €2,071 | €937 | ▼ 54.7% |
| Amounts payable within one year42/48 | €3,727 | €3,643 | €2,705 | €1,571 | €437 | ▼ 72.2% |
| Trade debts44 | €0 | - | - | - | - | - |
| Suppliers440/4 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €0 | - | - | - | - | - |
| Taxes450/3 | €0 | - | - | - | - | - |
| Other amounts payable47/48 | €3,727 | €3,643 | €2,705 | €1,571 | €437 | ▼ 72.2% |
| Accrued charges and deferred income492/3 | €500 | €500 | €500 | €500 | €500 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€681 | -€2,573 | -€8,469 | €1,554 | -€3,915 | ▼ 352% |
| + Depreciation and write-downs630 | - | - | €53 | €650 | €650 | = |
| Operating cash flow (approximation) | -€681 | -€2,573 | -€8,416 | €2,205 | -€3,265 | ▼ 248% |
| Investment in fixed assets (approximation) | - | €0 | -€1,951 | €0 | €0 | - |
| Change in cash | - | €69 | €42,696 | €49,405 | -€4,317 | ▼ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0127/00A007 | Flanders | 519 m² | 1 · 287 m² | 11.5 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.