DENKO
InactiveFinancials · financial year 2024, abbreviated format
Turnover
€152,447
EBIT margin
-64.2%
Net result
-€4,105▲ 94.0%
2023 · -€68,744
Working capital
-€457,470▼ 17.7%
2022 · -€388,726
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €4,057 in 2024 against €51,124 in 2023; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€4,057
2024
Net result-€4,105
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€144
2023
Equity-€461,574
2024
Debt€461,574
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€457,470
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)0.5
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€152,447
Operating result-€69,263--€70,371▼ 1.6%-€89,846▼ 27.7%-€97,881▼ 8.9%-€43,561▲ 55.5%-€51,124▼ 17.4%-€4,057▲ 92.1%
Net result-€74,178--€87,059▼ 17.4%-€112,375▼ 29.1%-€67,593▲ 39.9%-€48,568▲ 28.1%-€68,744▼ 41.5%-€4,105▲ 94.0%
EBIT margin-64.2%
Equity-€73,131--€160,190▼ 119%-€272,565▼ 70.2%-€340,158▼ 24.8%-€388,726▼ 14.3%-€457,470▼ 17.7%-€461,574▼ 0.9%
Total assets€161,301-€94,176▼ 41.6%€14,236▼ 84.9%€473▼ 96.7%€12,978▲ 27×€144▼ 98.9%
Debt€234,432-€254,366▲ 8.5%€286,801▲ 12.8%€340,631▲ 18.8%€401,704▲ 17.9%€457,613▲ 13.9%€461,574▲ 0.9%
Working capital-€79,307--€197,243▼ 149%-€276,756▼ 40.3%-€340,158▼ 22.9%-€388,726▼ 14.3%-€457,470▼ 17.7%
Staff (FTE)10.2-8.5▼ 16.7%6.7▼ 21.2%3.8▼ 43.3%2.5▼ 34.2%0.5▼ 80.0%
Key figures and ratios
Debt ≤ 1 year
€461,574▲
2023 · €457,613
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €152,447 | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €21,579 | €23,000 | €17,500 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €258,631 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €11,767 | -€2,697 | €160 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,147 | €3,285 | €1,969 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €120 | €122 | €172 | €306 | ▲ 77.9% |
| Non-recurring operating charges66A | - | - | - | €4,191 | - | - | - | - |
| Gross operating margin9900 | €253,328 | €127,409 | €42,920 | -€81,803 | -€46,137 | -€50,792 | -€3,752 | ▲ 92.6% |
| Operating profit (loss)9901 | -€69,263 | -€70,371 | -€89,846 | -€97,881 | -€43,561 | -€51,124 | -€4,057 | ▲ 92.1% |
| Financial income75/76B | - | - | - | €260 | €330 | €450 | - | - |
| Recurring financial income75 | €218 | - | €460 | €260 | €330 | €450 | - | - |
| Financial charges65/66B | - | - | - | €3,004 | €5,337 | €18,070 | €47 | ▼ 99.7% |
| Recurring financial charges65 | €5,007 | €3,176 | €2,891 | €3,004 | €5,337 | €18,070 | €47 | ▼ 99.7% |
| Profit (loss) for the period before taxes9903 | -€74,052 | -€73,547 | -€92,277 | -€100,624 | -€48,568 | -€68,744 | -€4,105 | ▲ 94.0% |
| Income taxes67/77 | €125 | €13,512 | €20,098 | -€33,032 | - | - | - | - |
| Profit (loss) for the period9904 | -€74,178 | -€87,059 | -€112,375 | -€67,593 | -€48,568 | -€68,744 | -€4,105 | ▲ 94.0% |
| Profit (loss) for the period to be appropriated9905 | -€74,178 | -€87,059 | -€112,375 | -€67,593 | -€48,568 | -€68,744 | -€4,105 | ▲ 94.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €161,301 | €94,176 | €14,236 | €473 | €12,978 | €144 | - | - |
| Fixed assets21/28 | €6,176 | €37,053 | €4,191 | - | - | - | - | - |
| Tangible fixed assets22/27 | €6,176 | €6,160 | €4,191 | - | - | - | - | - |
| Financial fixed assets28 | - | €30,894 | - | - | - | - | - | - |
| Current assets29/58 | €155,125 | €57,123 | €10,046 | €473 | €12,978 | €144 | - | - |
| Stocks and contracts in progress3 | €7,563 | €5,316 | €3,095 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €133,979 | €43,126 | €851 | €473 | €12,978 | €144 | - | - |
| Trade receivables40 | - | - | - | €435 | €12,949 | €144 | - | - |
| Other amounts receivable41 | - | - | - | €38 | €29 | - | - | - |
| Cash at bank and in hand54/58 | €13,584 | €8,681 | €6,100 | - | - | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €161,301 | €94,176 | €14,236 | €473 | €12,978 | €144 | - | - |
| Equity10/15 | -€73,131 | -€160,190 | -€272,565 | -€340,158 | -€388,726 | -€457,470 | -€461,574 | ▼ 0.9% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€141,331 | -€228,390 | -€340,765 | -€408,358 | -€456,926 | -€525,670 | -€529,774 | ▼ 0.8% |
| Amounts payable17/49 | €234,432 | €254,366 | €286,801 | €340,631 | €401,704 | €457,613 | €461,574 | ▲ 0.9% |
| Amounts payable within one year42/48 | €234,432 | €254,366 | €286,801 | €340,631 | €401,704 | €457,613 | €461,574 | ▲ 0.9% |
| Trade debts44 | €10,928 | €30,096 | €46,238 | €24,691 | €17,550 | €5,500 | - | - |
| Suppliers440/4 | - | - | - | €24,691 | €17,550 | €5,500 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,736 | - | €655 | - | - |
| Taxes450/3 | - | - | - | €279 | - | €655 | - | - |
| Remuneration and social security454/9 | - | - | - | €3,458 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €312,204 | €384,154 | €451,458 | €461,574 | ▲ 2.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€74,178 | -€87,059 | -€112,375 | -€67,593 | -€48,568 | -€68,744 | -€4,105 | ▲ 94.0% |
| + Depreciation and write-downs630 | €2,147 | €3,285 | €1,969 | - | - | - | - | - |
| Operating cash flow (approximation) | -€72,030 | -€83,774 | -€110,406 | -€67,593 | -€48,568 | -€68,744 | -€4,105 | ▲ 94.0% |
| Investment in fixed assets (approximation) | - | -€34,162 | €30,894 | - | - | - | - | - |
| Change in cash | - | -€4,903 | -€2,581 | - | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 25-03-2024 | abbreviated format | 16-10-2024 | 2024-00509141 |
| 31-12-2023 | abbreviated format | 18-04-2024 | 2024-00065416 |
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00242583 |
| 31-12-2021 | abbreviated format | 14-07-2022 | 2022-20192183 |
| 31-12-2020 | abbreviated format | 01-07-2021 | 2021-29500467 |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-27900144 |
| 31-12-2018 | abbreviated format | 27-06-2019 | 2019-23600526 |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-25800486 |
| 31-12-2016 | abbreviated format | 23-06-2017 | 2017-20800476 |
| 31-12-2015 | abbreviated format | 08-06-2016 | 2016-16500320 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.