Denitec (0757.659.278): financials and annual accounts

Denitec

Ghent ·KBO/BCE: BE 0757.659.278

Line	2025	2024	2023	2022	2021
Balance sheet: assets
Total assets`20/58`	35,455	44,200	38,276	38,866	25,574
Fixed assets`21/28`	52	3,931	8,352	12,773	931
Intangible fixed assets`21`	52	272	491	711	931
Tangible fixed assets`22/27`	0	3,660	7,861	12,062	-
Furniture and vehicles`24`	0	3,660	7,861	12,062	-
Current assets`29/58`	35,403	40,268	29,924	26,094	24,643
Amounts receivable within one year`40/41`	11,752	11,177	2,714	373	5,195
Trade receivables`40`	8,995	6,888	2,713	77	5,162
Other amounts receivable`41`	2,758	4,289	1	296	33
Cash at bank and in hand`54/58`	22,373	28,041	26,222	24,377	19,447
Deferred charges and accrued income`490/1`	1,278	1,051	988	1,343	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	35,455	44,200	38,276	38,866	25,574
Equity`10/15`	26,590	10,714	17,544	15,819	15,622
Contributions`10/11`	3,000	3,000	3,000	3,000	3,000
Reserves`13`	23,590	7,714	14,544	12,819	12,622
Distributable reserves`133`	23,590	7,714	14,544	12,819	12,622
Profit (loss) carried forward`14`	0	0	0	0	0
Amounts payable`17/49`	8,865	33,486	20,733	23,048	9,952
Amounts payable after more than one year`17`	-	0	3,860	7,873	-
Financial debts`170/4`	-	0	3,860	7,873	-
Amounts payable within one year`42/48`	8,820	33,362	16,710	14,625	9,952
Current portion of amounts payable after more than one year`42`	0	3,860	4,012	3,222	-
Financial debts`43`	208	65	160	37	-
Credit institutions`430/8`	208	65	160	37	-
Trade debts`44`	656	1,712	618	2,191	287
Suppliers`440/4`	656	1,712	618	2,191	287
Taxes, remuneration and social security`45`	7,245	7,726	6,882	6,579	7,370
Taxes`450/3`	6,125	6,626	6,882	5,629	7,370
Remuneration and social security`454/9`	1,120	1,100	0	950	-
Other amounts payable`47/48`	711	20,000	5,039	2,596	2,295
Accrued charges and deferred income`492/3`	45	123	162	550	-
Income statement
Gross operating margin`9900`	29,261	24,489	11,535	3,484	18,110
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	3,880	4,421	4,421	761	168
Other operating charges`640/8`	1,497	1,289	1,774	280	50
Operating profit (loss)`9901`	23,884	18,780	5,340	2,443	17,892
Financial income`75/76B`	219	28	0	38	-
Recurring financial income`75`	219	28	0	38	-
Financial charges`65/66B`	363	774	870	290	96
Recurring financial charges`65`	363	774	870	290	96
Profit (loss) for the period before taxes`9903`	23,740	18,034	4,470	2,191	17,796
Income taxes`67/77`	7,865	4,863	1,912	1,194	4,374
Profit (loss) for the period`9904`	15,875	13,171	2,558	997	13,422
Profit (loss) for the period to be appropriated`9905`	15,875	13,171	2,558	997	13,422
Appropriation of the result
Profit (loss) to be appropriated`9906`	15,875	13,171	2,558	997	13,422
Transfer from equity`791/2`	0	6,829	-	-	-
Transfer to equity`691/2`	15,875	0	1,725	197	12,622
To other reserves`6921`	15,875	0	1,725	197	12,622
Profit to be distributed`694/7`	0	20,000	833	800	800
Return on contributions (dividend)`694`	0	20,000	833	800	800
Document	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-03-2026	2026-00067581	PDF
31-12-2024	micro format	02-07-2025	2025-00216583	PDF
31-12-2023	micro format	06-06-2024	2024-00112134	PDF
31-12-2022	micro format	31-08-2023	2023-00438846	PDF
31-12-2021	micro format	20-07-2022	2022-20204970	PDF

Line	2025	2024	2023	2022	2021
EBITDA	27,764	23,200	9,760	3,204	18,060
Cash flow	19,755	17,592	6,978	1,758	13,590
Investment in fixed assets (approximation)	0	0	0	12,602	1,099
Change in cash	-5,668	1,819	1,845	4,930	-
Working capital	26,583	6,906	13,214	11,469	14,691
Solvency	75.0%	24.2%	45.8%	40.7%	61.1%
Current ratio	4.01	1.21	1.79	1.78	2.48
Debt to equity	0.33	3.13	1.18	1.46	0.64
ROE	59.7%	122.9%	14.6%	6.3%	85.9%
ROA	44.8%	29.8%	6.7%	2.6%	52.5%
Interest coverage	76.56	29.99	11.22	11.06	over 100

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€12,602	-
Intangible fixed assets	-	-	-	-	€1,099
Depreciation and write-downs of the year	€3,880	€4,421	€4,421	€761	€168

Denitec

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency75.0%

Current ratio4.01

Return on assets44.8%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Denitec

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