DENNICK
The computed 12-month bankruptcy probability of DENNICK is 1.8% (moderate). The 2025 annual accounts show equity of €53k and a net result of €14k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 1106 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €53k |
| Net result | €14k |
| Staff (FTE) | 1 |
| Better than sector | 80% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 59.7% | 25.6% | |
| Net result | €14k | €7k | |
| Equity | €53k | €22k | |
| Gross operating margin | €84k | €63k | |
| Staff costs | €49k | €51k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €30k | €13k | €17k |
| Net profit | €14k | €89 | €3k |
| Cash flow | €24k | €11k | €14k |
| Staff costs | €49k | €42k | €47k |
| Income taxes | €4k | €253 | €170 |
| Dividends | €5k | €15k | - |
| Total assets | €89k | €77k | €93k |
| Equity | €53k | €44k | €59k |
| Debt | €36k | €33k | €34k |
| of which ≤ 1y | €33k | €30k | €28k |
| of which > 1y | €3k | €3k | €6k |
| Working capital | €31k | €14k | €26k |
| Employees (FTE) | 1.0 | 1.0 | 1.2 |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 1.95 | 1.48 | 1.92 |
| Quick ratio | 1.67 | 1.17 | 1.70 |
| Working capital ratio | 35.4% | 18.5% | 27.9% |
| Solvency | 59.7% | 57.6% | 63.6% |
| Debt / equity | 0.67 | 0.74 | 0.57 |
| Long-term debt ratio | 0.05 | 0.06 | 0.10 |
| Interest coverage | 17.69 | 5.74 | 7.63 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 15.5% | 0.1% | 3.5% |
| ROE | 25.9% | 0.2% | 5.4% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €89k | €77k | €93k |
| Fixed assets | 21/28 | €24k | €33k | €39k |
| Tangible fixed assets | 22/27 | €20k | €29k | €35k |
| Financial fixed assets | 28 | €4k | €4k | €4k |
| Current assets | 29/58 | €64k | €44k | €54k |
| Stocks & contracts in progress | 3 | €9k | €9k | €6k |
| Amounts receivable within one year | 40/41 | €12k | €7k | €9k |
| Cash & bank | 54/58 | €41k | €28k | €38k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €89k | €77k | €93k |
| Equity | 10/15 | €53k | €44k | €59k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Accumulated profits (losses) | 14 | €34k | €26k | €41k |
| Amounts payable | 17/49 | €36k | €33k | €34k |
| Amounts payable after one year | 17 | €3k | €3k | €6k |
| Amounts payable within one year | 42/48 | €33k | €30k | €28k |
| Trade debts payable within one year | 44 | €10k | €14k | €6k |
| Income statement | ||||
| Gross operating margin | 9900 | €84k | €62k | €65k |
| Operating result | 9901 | €19k | €2k | €5k |
| Financial income | 75 | €0 | €295 | €261 |
| Financial charges | 65 | €2k | €2k | €2k |
| Result before taxes | 9903 | €18k | €342 | €3k |
| Income taxes | 67/77 | €4k | €253 | €170 |
| Net result for the period | 9904 | €14k | €89 | €3k |
| Result to be appropriated | 9905 | €14k | €89 | €3k |
-
AERTS AnnickDirectorState Gazette act 23454631 (12-12-2023)Current12-12-2023 → present
| NACE primary | Full-service restaurants(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 11-04-2017 |
| Status | Active |
| Postal code | 9870 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44037A1279/00S000 | Flanders | 1,087 m² | 1 · 419 m² | 51.1 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
12-12-2023 AERTS Annick appointed as director
- AERTS Annick, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "AERTS Annick",
"address": "9800 Deinze, Kattebeekpark 38",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
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},
{
"kind": "decharge_pending",
"role": "zaakvoerder",
"person": null,
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"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerder voor de uitoefening van zijn mandaat.",
"decharge_status": "pending_next_agm",
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"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
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},
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
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"via_org": {
"kbo": "0689.909.530",
"name": "BV G-Accountancy",
"address": "Dekenijstraat 27, 9930 Lievegem",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
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}
],
"notary": {
"name": "XAVIER DEWEER",
"firm_city": null,
"firm_name": null,
"office_city": "Zulte",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-12",
"filing_date": "2023-12-08",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-11-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0674.459.509",
"name_full": "DENNICK",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "XAVIER DEWEER",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"UITGIFTE VAN AKTE",
"GECO\u00D6RDINEERDE STATUTEN 2023"
],
"corrected_publication_numac": null
}| Legal nameNL | DENNICK |
| Trade nameNL | DENNICK |