DENIMMO
ActiveSummary
DENIMMO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,189 and a net result of €95,581. Equity is shrinking by ~11.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency78▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.0 in 2024; short-term debt: 42.4% and cash: 31.9% of total assets), and 46.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.5%
Return on assets
32.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
3 d early
2023
77 d early
2022
95 d early
2021
59 d early
2020
59 d early
2019
50 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 47 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)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€158,189▼ 12.3%
2024 · €180,465
Total assets
€295,813▼ 5.1%
2024 · €311,699
Net result
€95,581▲ 15.3%
2024 · €82,869
Working capital
-€18,651
2024 · €121
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€110,818▲ 20.8%€103,052▼ 7.0%€112,841▲ 9.5%€110,527▼ 2.1%€127,496▲ 15.4%
Net result€83,047▲ 20.7%€77,271▼ 7.0%€84,573▲ 9.4%€82,869▼ 2.0%€95,581▲ 15.3%
Equity€235,752▼ 22.1%€227,309▼ 3.6%€204,738▼ 9.9%€180,465▼ 11.9%€158,189▼ 12.3%
Total assets€403,985▼ 8.6%€384,890▼ 4.7%€323,268▼ 16.0%€311,699▼ 3.6%€295,813▼ 5.1%
Debt€168,233▲ 38.7%€157,581▼ 6.3%€118,529▼ 24.8%€131,235▲ 10.7%€137,624▲ 4.9%
Working capital€9,675▼ 87.8%€17,039▲ 76.1%€5,701▼ 66.5%€121▼ 97.9%-€18,651
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €295,813
Fixed assets
€189,172 ▼ 1.7%
Current assets
€106,641 ▼ 10.6%
Equity and liabilities €295,813
Equity
€158,189 ▼ 12.3%
Debt
€137,624 ▲ 4.9%
Debt's share of the balance-sheet total rises from 42.1% to 46.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€130,724▲
2024 · €125,227
Cash flow
€98,809▲
2024 · €97,569
Current ratio
0.85▼
2024 · 1.00
Debt to equity
0.87▲
2024 · 0.73
ROE
60.4%▲
2024 · 45.9%
ROA
32.3%▲
2024 · 26.6%
Interest coverage
2407.44▼
2024 · 3598.49
Debt ≤ 1 year
€125,292▲
2024 · €119,179
Income taxes
€31,860▲
2024 · €27,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% 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 31,349 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,700 | €14,700 | €14,700 | €14,700 | €3,228 | ▼ 78.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€18,000 | €0 | - | - | - | - |
| Other operating charges640/8 | €1,774 | €118,818 | €64,856 | €65,736 | €68,302 | ▲ 3.9% |
| Gross operating margin9900 | €109,292 | €236,570 | €192,398 | €190,963 | €199,026 | ▲ 4.2% |
| Operating profit (loss)9901 | €110,818 | €103,052 | €112,841 | €110,527 | €127,496 | ▲ 15.4% |
| Financial charges65/66B | €22 | €24 | €24 | €35 | €54 | ▲ 56.0% |
| Recurring financial charges65 | €22 | €24 | €24 | €35 | €54 | ▲ 56.0% |
| Profit (loss) for the period before taxes9903 | €110,797 | €103,028 | €112,817 | €110,493 | €127,441 | ▲ 15.3% |
| Income taxes67/77 | €27,750 | €25,757 | €28,245 | €27,623 | €31,860 | ▲ 15.3% |
| Profit (loss) for the period9904 | €83,047 | €77,271 | €84,573 | €82,869 | €95,581 | ▲ 15.3% |
| Profit (loss) for the period to be appropriated9905 | €83,047 | €77,271 | €84,573 | €82,869 | €95,581 | ▲ 15.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €403,985 | €384,890 | €323,268 | €311,699 | €295,813 | ▼ 5.1% |
| Fixed assets21/28 | €236,500 | €221,800 | €207,100 | €192,400 | €189,172 | ▼ 1.7% |
| Tangible fixed assets22/27 | €236,500 | €221,800 | €207,100 | €192,400 | €189,172 | ▼ 1.7% |
| Land and buildings22 | €189,172 | €189,172 | €189,172 | €189,172 | €189,172 | = |
| Plant, machinery and equipment23 | €47,328 | €32,628 | €17,928 | €3,228 | €0 | ▼ 100% |
| Current assets29/58 | €167,485 | €163,090 | €116,168 | €119,299 | €106,641 | ▼ 10.6% |
| Amounts receivable within one year40/41 | €13,704 | €74,673 | €11,719 | €12,056 | €12,332 | ▲ 2.3% |
| Trade receivables40 | €13,704 | €74,673 | €11,719 | €12,056 | €12,332 | ▲ 2.3% |
| Cash at bank and in hand54/58 | €153,782 | €88,417 | €104,449 | €107,243 | €94,309 | ▼ 12.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €403,985 | €384,890 | €323,268 | €311,699 | €295,813 | ▼ 5.1% |
| Equity10/15 | €235,752 | €227,309 | €204,738 | €180,465 | €158,189 | ▼ 12.3% |
| Contributions10/11 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Capital10 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Issued capital100 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Reserves13 | €125,752 | €117,309 | €94,738 | €70,465 | €48,189 | ▼ 31.6% |
| Non-distributable reserves130/1 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Legal reserve130 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Distributable reserves133 | €114,752 | €106,309 | €83,738 | €59,465 | €37,189 | ▼ 37.5% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €0 | - | - | - | - | - |
| Environmental obligations163 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €168,233 | €157,581 | €118,529 | €131,235 | €137,624 | ▲ 4.9% |
| Amounts payable within one year42/48 | €157,811 | €146,051 | €110,466 | €119,179 | €125,292 | ▲ 5.1% |
| Financial debts43 | €6 | €6 | €6 | €6 | €0 | ▼ 100% |
| Credit institutions430/8 | €6 | €6 | €6 | €6 | €0 | ▼ 100% |
| Trade debts44 | €55 | €59,574 | €73 | €6,162 | €575 | ▼ 90.7% |
| Suppliers440/4 | €55 | €59,574 | €73 | €6,162 | €575 | ▼ 90.7% |
| Taxes, remuneration and social security45 | €7,750 | €757 | €3,245 | €5,868 | €6,860 | ▲ 16.9% |
| Taxes450/3 | €7,750 | €757 | €3,245 | €5,868 | €6,860 | ▲ 16.9% |
| Other amounts payable47/48 | €150,000 | €85,714 | €107,143 | €107,143 | €117,857 | ▲ 10.0% |
| Accrued charges and deferred income492/3 | €10,422 | €11,530 | €8,063 | €12,056 | €12,332 | ▲ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,047 | €77,271 | €84,573 | €82,869 | €95,581 | ▲ 15.3% |
| + Depreciation and write-downs630 | €14,700 | €14,700 | €14,700 | €14,700 | €3,228 | ▼ 78.0% |
| Operating cash flow (approximation) | €97,747 | €91,971 | €99,273 | €97,569 | €98,809 | ▲ 1.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€65,365 | €16,032 | €2,794 | -€12,934 | ▼ 563% |
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
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
31-12
Financial
Highest result since 2018net €95,581 ▲15.3%
Operating result €127,496, net result €95,581, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 13current ratio 19.93
Current ratio from 1.55 to 19.93; short-term debt falls from €206,444 to €8,505.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Knokke-Heist · 1 establishment unit since 1986
Ground area
183 m²
Building footprint
62 m²
Volume, LiDAR
328 m³
Parcel 31013D0244/00M000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Louis Ludwiglaan 19, 8300 Knokke-Heist
since 19862.036.491.640
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0244/00M000 | Flanders | 183 m² | 1 · 62 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded19-06-1986
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429197977
Registered
09-05-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.