DENIS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DENIS CONSTRUCT is 2.3% (moderate). The 2025 annual accounts show equity of €45,374 and a net result of €2,983. Equity is growing by ~30.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 28051 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-30
Solvency100▲+10
Growth68▼-17
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 27.61 against 2.14 in 2024; short-term debt: 2.2% and cash: 30.7% of total assets), and 2.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
97.8%
Return on assets
6.4%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 28-11-2025, 33 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
33 d early
2024
42 d early
2023
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close26-09-2026 today31-12-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€167,703▼ 1.8%
2024 · €170,778
EBIT margin
3.0%▼ 12.1pp
2024 · 15.1%
Net result
€2,983▼ 84.9%
2024 · €19,728
Working capital
€27,756▲ 8.4%
2024 · €25,599
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
Line202320242025
Turnover€88,848-€170,778▲ 92.2%€167,703▼ 1.8%
Operating result€25,985-€25,805▼ 0.7%€5,035▼ 80.5%
Net result€19,663-€19,728▲ 0.3%€2,983▼ 84.9%
EBIT margin29.2%-15.1%▼ 14.1pp3.0%▼ 12.1pp
Equity€19,663-€42,391▲ 116%€45,374▲ 7.0%
Total assets€39,044-€64,942▲ 66.3%€46,418▼ 28.5%
Debt€19,382-€22,551▲ 16.4%€1,043▼ 95.4%
Working capital€2,604-€25,599▲ 883%€27,756▲ 8.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,418
Fixed assets
€17,618 ▲ 4.9%
Current assets
€28,800 ▼ 40.2%
Equity and liabilities €46,418
Equity
€45,374 ▲ 7.0%
Debt
€1,043 ▼ 95.4%
Debt's share of the balance-sheet total falls from 34.7% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9,702▼
2024 · €28,608
Cash flow
€7,651▼
2024 · €22,531
Current ratio
27.61▲
2024 · 2.14
Quick ratio
25.98▲
2024 · 2.14
Debt to equity
0.02▼
2024 · 0.53
ROE
6.6%▼
2024 · 46.5%
ROA
6.4%▼
2024 · 30.4%
Interest coverage
6.85▼
2024 · 139.34
Debt ≤ 1 year
€1,043▼
2024 · €22,551
Income taxes
€634▼
2024 · €5,874
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €88,848 | €170,778 | €167,703 | ▼ 1.8% |
| Goods, raw materials, services and sundry goods60/61 | €61,198 | €137,369 | €157,042 | ▲ 14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,665 | €2,803 | €4,668 | ▲ 66.5% |
| Other operating charges640/8 | - | - | €959 | - |
| Non-recurring operating charges66A | - | €4,801 | - | - |
| Gross operating margin9900 | €27,650 | €33,409 | €10,661 | ▼ 68.1% |
| Operating profit (loss)9901 | €25,985 | €25,805 | €5,035 | ▼ 80.5% |
| Financial income75/76B | - | €2 | - | - |
| Recurring financial income75 | - | €2 | - | - |
| Financial charges65/66B | €1,034 | €205 | €1,417 | ▲ 590% |
| Recurring financial charges65 | €1,034 | €205 | €1,417 | ▲ 590% |
| Profit (loss) for the period before taxes9903 | €24,951 | €25,602 | €3,617 | ▼ 85.9% |
| Income taxes67/77 | €5,288 | €5,874 | €634 | ▼ 89.2% |
| Profit (loss) for the period9904 | €19,663 | €19,728 | €2,983 | ▼ 84.9% |
| Profit (loss) for the period to be appropriated9905 | €19,663 | €19,728 | €2,983 | ▼ 84.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €39,044 | €64,942 | €46,418 | ▼ 28.5% |
| Fixed assets21/28 | €17,059 | €16,793 | €17,618 | ▲ 4.9% |
| Tangible fixed assets22/27 | €17,059 | €16,793 | €17,618 | ▲ 4.9% |
| Plant, machinery and equipment23 | - | €2,003 | €9,289 | ▲ 364% |
| Furniture and vehicles24 | €17,059 | €14,789 | €8,329 | ▼ 43.7% |
| Current assets29/58 | €21,985 | €48,150 | €28,800 | ▼ 40.2% |
| Stocks and contracts in progress3 | - | - | €1,696 | - |
| Stocks30/36 | - | - | €1,696 | - |
| Amounts receivable within one year40/41 | €15,441 | €28,599 | €10,079 | ▼ 64.8% |
| Trade receivables40 | €11,729 | €26,814 | €5,814 | ▼ 78.3% |
| Other amounts receivable41 | €3,712 | €1,786 | €4,265 | ▲ 139% |
| Cash at bank and in hand54/58 | €4,699 | €18,045 | €14,258 | ▼ 21.0% |
| Deferred charges and accrued income490/1 | €1,845 | €1,506 | €2,766 | ▲ 83.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €39,044 | €64,942 | €46,418 | ▼ 28.5% |
| Equity10/15 | €19,663 | €42,391 | €45,374 | ▲ 7.0% |
| Contributions10/11 | - | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €19,663 | €39,391 | €42,374 | ▲ 7.6% |
| Amounts payable17/49 | €19,382 | €22,551 | €1,043 | ▼ 95.4% |
| Amounts payable within one year42/48 | €19,382 | €22,551 | €1,043 | ▼ 95.4% |
| Trade debts44 | €11,867 | €14,437 | €1,043 | ▼ 92.8% |
| Suppliers440/4 | €11,867 | €14,437 | €1,043 | ▼ 92.8% |
| Taxes, remuneration and social security45 | €5,288 | €5,874 | - | - |
| Taxes450/3 | €5,288 | €5,874 | - | - |
| Other amounts payable47/48 | €2,226 | €2,241 | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,663 | €19,728 | €2,983 | ▼ 84.9% |
| + Depreciation and write-downs630 | €1,665 | €2,803 | €4,668 | ▲ 66.5% |
| Operating cash flow (approximation) | €21,328 | €22,531 | €7,651 | ▼ 66.0% |
| Investment in fixed assets (approximation) | - | -€2,537 | -€5,493 | ▼ 117% |
| Change in cash | - | €13,346 | -€3,786 | ▼ 128% |
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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-05
Financial
Weakest financial yearnet €2,983 ▼84.9%
Net result drops to €2,983, the lowest in the series.
31-05
Financial
Liquidity times 13current ratio 27.61
Current ratio from 2.14 to 27.61; short-term debt falls from €22,551 to €1,043.
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Highest result since 2023net €19,728 ▲0.3%
Net result €19,728, the highest in the series.
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Aalst · 1 establishment unit since 2022
Ground area
570 m²
Building footprint
131 m²
Volume, LiDAR
712 m³
Parcel 41302C0714/00Y003, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DENIS CONSTRUCT
since 20222.335.499.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41302C0714/00Y003 | Flanders | 570 m² | 1 · 131 m² | 10.9 m · 1 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.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,416. 6,026 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-05-2022
Fiscal year end31-05
Activities, NACEBEL 2025
43990Other specialised construction activities
43230Insulation installation
43320Joinery installation
43332Laying of wooden floor and wall coverings
43422Screed work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.