Denijs Koen
ActiveDenijs Koen has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235k and a net result of €24k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 5.61 against 5.63 in 2023; short-term debt: 16.2% and cash: 69.7% of total assets), and 19% 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 risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
92 d late
2022
71 d late
2021
61 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€235k▲ 11.5%
2023 · €211k
2018: €109k
2019: €115k
2020: €156k
2021: €172k
2022: €195k
2023: €211k
2018 → 2024
Total assets
€291k▲ 7.0%
2023 · €272k
2018: €188k
2019: €177k
2020: €247k
2021: €278k
2022: €270k
2023: €272k
2018 → 2024
Net result
€24k▼ 18.3%
2023 · €30k
2018: €46
2019: €6k
2020: €41k
2021: €17k
2022: €22k
2023: €30k
2018 → 2024
Working capital
€217k▲ 13.2%
2023 · €192k
2018: €100k
2019: €109k
2020: €143k
2021: €151k
2022: €173k
2023: €192k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€156k-€172k▲ 10.8%€195k▲ 12.8%€211k▲ 8.4%€235k▲ 11.5%
Operating result€53k-€22k▼ 58.2%€32k▲ 44.0%€42k▲ 32.6%€37k▼ 12.3%
Net result€41k-€17k▼ 58.7%€22k▲ 32.1%€30k▲ 34.5%€24k▼ 18.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €291k
Fixed assets
€26k▼ 31.0%
Current assets
€264k▲ 13.3%
Equity and liabilities €291k
Equity
€235k▲ 11.5%
Debt
€55k▼ 8.6%
The debt ratio falls from 22.3% to 19.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2023 · €55k
Cash flow
€37k▼
2023 · €43k
Solvency
81.0%▲
2023 · 77.7%
Current ratio
5.61▼
2023 · 5.63
Quick ratio
5.58▼
2023 · 5.59
Debt / equity
0.24▼
2023 · 0.29
ROE
10.3%▼
2023 · 14.1%
ROA
8.4%▼
2023 · 11.0%
Interest coverage
101.17▼
2023 · 124.43
Debt
€55k▼
2023 · €61k
Debt ≤ 1 year
€47k▲
2023 · €41k
Debt > 1 year
€8k▼
2023 · €19k
Income taxes
€12k▼
2023 · €14k
Staff costs
€49k▲
2023 · €47k
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€272k€291k▲
Fixed assets21/28€38k€26k▼
Tangible fixed assets22/27€38k€26k▼
Furniture and vehicles24€36k€23k▼
Other tangible fixed assets26€2k€3k▲
Current assets29/58€233k€264k▲
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€43k€55k▲
Trade receivables40€36k€50k▲
Other amounts receivable41€7k€6k▼
Cash at bank and in hand54/58€184k€203k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€272k€291k▲
Equity10/15€211k€235k▲
Contributions10/11€6k€6k=
Reserves13€203k€228k▲
Distributable reserves133€203k€228k▲
Profit (loss) carried forward14€1k€1k=
Amounts payable17/49€61k€55k▼
Amounts payable after more than one year17€19k€8k▼
Financial debts170/4€19k€8k▼
Amounts payable within one year42/48€41k€47k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€4k€11k▲
Suppliers440/4€4k€11k▲
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€14k€12k▼
Income statement
Code20232024
Remuneration, social security and pensions62€47k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€105k€101k▼
Operating profit (loss)9901€42k€37k▼
Financial income75/76B€2k€12▼
Recurring financial income75€2k€12▼
Financial charges65/66B€445€492▲
Recurring financial charges65€445€492▲
Profit (loss) for the period before taxes9903€44k€36k▼
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€30k€24k▼
Profit (loss) for the period to be appropriated9905€30k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€26k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer from equity791/2€13k-
Transfer to equity691/2€30k€24k▼
To other reserves6921€30k€24k▼
Profit to be distributed694/7€13k-
Return on contributions (dividend)694€13k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Equity above €200kEq €211k ▲8.4%
6 profitable years in a row build equity to €211k.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €41k ▲547%
Operating result €53k, net result €41k, both a record.
31-12
Financial
Equity above €150kEq €156k ▲35.2%
3 profitable years in a row build equity to €156k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zwalm · 1 establishment unit since 2009
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.
Houtstraat(Ned) 29636 ZwalmGround area
641 m²
Building footprint
179 m²
Volume, LiDAR
692 m³
Parcel 45030B0515/00T000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Denijs Koen
since 20092.182.152.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45030B0515/00T000 | Flanders | 641 m² | 1 · 179 m² | 7.9 m · 1 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 to 2024 · 2 entries · 600 EUR awarded · 443 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 315 EUR | 158 EUR |
| 2023 | 1 | 285 EUR | 285 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,038 companies in sector 43221 we hold annual accounts for 3,469. 2,809 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-07-2009
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:koen.denijs@telenet.be
Phone:0496/513959