DENNIS MACHINE SERVICE
ActiveDENNIS MACHINE SERVICE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €20k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 79% of 1305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-6
Solvency98▲+19
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 4.47 against 3.28 in 2024; short-term debt: 20.8% and cash: 29.1% of total assets), and 27.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
72.8%
Return on assets
7.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
27 d late
2023
28 d late
2022
41 d early
2021
23 d late
2020
19 d late
2019
97 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€207k▲ 5.4%
2024 · €196k
2018: €187k
2019: €316k
2020: €195k
2021: €221k
2022: €215k
2023: €196k
2024: €196k
2018 → 2025
Total assets
€284k▼ 22.5%
2024 · €366k
2018: €328k
2019: €520k
2020: €275k
2021: €341k
2022: €468k
2023: €250k
2024: €366k
2018 → 2025
Net result
€20k▼ 54.9%
2024 · €45k
2018: €54k
2019: €151k
2020: €-51k
2021: €86k
2022: €36k
2023: €-11k
2024: €45k
2018 → 2025
Working capital
€205k▼ 12.4%
2024 · €234k
2018: €228k
2019: €412k
2020: €180k
2021: €197k
2022: €302k
2023: €179k
2024: €234k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€221k-€215k▼ 2.9%€196k▼ 8.9%€196k▲ 0.3%€207k▲ 5.4%
Operating result€92k-€39k▼ 58.3%€-9k€46k€52k▲ 11.6%
Net result€86k-€36k▼ 58.4%€-11k€45k€20k▼ 54.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€20k▼ 33.0%
Current assets
€264k▼ 21.5%
Equity and liabilities €284k
Equity
€207k▲ 5.4%
Debt
€77k▼ 54.6%
The debt ratio falls from 46.4% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €63k
Cash flow
€33k▼
2024 · €62k
Solvency
72.8%▲
2024 · 53.6%
Current ratio
4.47▲
2024 · 3.28
Quick ratio
4.01▲
2024 · 2.64
Debt / equity
0.37▼
2024 · 0.87
ROE
9.9%▼
2024 · 23.2%
ROA
7.2%▼
2024 · 12.4%
Interest coverage
7.59▼
2024 · 18.86
Debt
€77k▼
2024 · €170k
Debt ≤ 1 year
€59k▼
2024 · €103k
Income taxes
€23k▲
2024 · €278
Staff costs
€0▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€366k€284k▼
Fixed assets21/28€29k€20k▼
Tangible fixed assets22/27€28k€19k▼
Land and buildings22€1k€663▼
Plant, machinery and equipment23€19k€18k▼
Furniture and vehicles24€8k€598▼
Financial fixed assets28€700€700=
Current assets29/58€337k€264k▼
Stocks and contracts in progress3€65k€27k▼
Stocks30/36€65k€27k▼
Amounts receivable within one year40/41€222k€129k▼
Trade receivables40€73k€38k▼
Other amounts receivable41€149k€91k▼
Cash at bank and in hand54/58€45k€83k▲
Deferred charges and accrued income490/1€4k€25k▲
Equity and liabilities
Total equity and liabilities10/49€366k€284k▼
Equity10/15€196k€207k▲
Reserves13€372k€382k▲
Distributable reserves133€372k€382k▲
Profit (loss) carried forward14€-176k€-176k=
Amounts payable17/49€170k€77k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€103k€59k▼
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€36k€29k▼
Suppliers440/4€36k€29k▼
Advances received on contracts in progress46€1k€133▼
Taxes, remuneration and social security45€441€8k▲
Taxes450/3€441€8k▲
Other amounts payable47/48€57k€22k▼
Accrued charges and deferred income492/3€67k€18k▼
Income statement
Code20242025
Remuneration, social security and pensions62€4k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€68k€66k▼
Operating profit (loss)9901€46k€52k▲
Financial income75/76B€3k€104▼
Recurring financial income75€3k€104▼
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€46k€43k▼
Income taxes67/77€278€23k▲
Profit (loss) for the period9904€45k€20k▼
Profit (loss) for the period to be appropriated9905€45k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-130k€-155k▼
Profit (loss) brought forward from the previous period14P€-176k€-176k=
Transfer to equity691/2€494€10k▲
To other reserves6921€494€10k▲
Profit to be distributed694/7€45k€10k▼
Directors or managers695€45k€10k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Equity above €200kEq €207k ▲5.4%
2 profitable years in a row build equity to €207k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €86k
Net result €86k after one loss-making year.
31-12
Financial
Equity above €200kEq €221k ▲13.3%
Equity rises from €195k to €221k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet €-51k ▼134%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Highest result since 2018net €151k ▲180%
Operating result €211k, net result €151k, both a record.
31-12
Financial
Equity above €200kEq €316k ▲68.6%
2 profitable years in a row build equity to €316k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leopoldsburg · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Craenenhoefweg 193971 LeopoldsburgGround area
1,381 m²
Building footprint
320 m²
Volume, LiDAR
1,878 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Caimolaan 45, 3970 Leopoldsburg
since 20012.094.502.984
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71023A0018/00K000 | Flanders | 1,191 m² | 1 · 153 m² | 6.4 m · 2 fl. |
| 71034A1524/00A000 | Flanders | 190 m² | 1 · 167 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Melis & Van Rompay Oost-Vlaanderen
BE 0731.915.379
Merelbeke-Melle · Eq €207k
AGRIX
BE 0474.197.762
Harelbeke · Eq €207k
RAFELIS
BE 0746.665.418
Aalter · Eq €206k
VERDE TECHNICS
BE 1005.190.808
Poperinge · Eq €205k
DVS
BE 0822.173.285
Tielt · Eq €208k
Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2001
Fiscal year end31-12
Abbreviation NL
DEMASE
Activities, NACEBEL
29322
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.