DENOLF h.v.a.c.
ActiveSummary
DENOLF h.v.a.c. has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €131,729 and a net result of €11,423. Equity has been growing by about 5.4% per year since 2018. Its solvency ranks better than 53% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 08-08-2007 Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 1 other
- Establishment unit
- 2.164.523.920 8890 Moorslede, since 21-08-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 31-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €376,924
- ▲ 8.9%
- Turnover
- ≈ €990,000
- estimated
- Profit
- €11,423
- ▲ 17×
- Equity
- €131,729
- ▲ 9.5%
- Total assets
- €281,305
- ▼ 0.6%
- Employees on 31-12-2025
- 6
- ▲ 20.0%
Score breakdownraises riskSize: 6 FTE, total assets €281,305Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.48, cash €79,325Equity €131,729 (46.8% of total assets)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 51% of them on solvency, 56% on liquidity, 46% on profitability and 54% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: Gregory Denolf, from manager to niet statutair bestuurder
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DENOLF h.v.a.c.: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €227,000 and €495,000, founded between 1999 and 2011.
| Company | Total assets | Gross margin |
|---|---|---|
| DENOLF h.v.a.c. Moorslede | €281,305 | €376,924 |
| GEBROEDERS WILLOCKX Stekene | €339,666 | €408,485 |
| BAUVEZ SERVICES Rumes | €226,884 | €300,829 |
| QUALITY AIR Kortrijk | €336,354 | €216,738 |
| TUYTTENS CHAUFFAGE SANITAIRE Menen | €344,367 | €235,448 |
| DEFLANDRE – CREFFIER Beyne-Heusay | €362,450 | €231,713 |
| DEGETEC Geer | €494,939 | €288,678 |
Key facts about DENOLF h.v.a.c.
- What is the company number of DENOLF h.v.a.c.?
- The company number of DENOLF h.v.a.c. is 0891.329.634. The VAT number is the same number with BE in front: BE 0891.329.634.
- Where is DENOLF h.v.a.c. based?
- The registered office is at Oude Heirweg 6, 8890 Moorslede.Company details
- What does DENOLF h.v.a.c. do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of DENOLF h.v.a.c.?
- The legal form of DENOLF h.v.a.c. is Private limited company (BV).
- When was DENOLF h.v.a.c. founded?
- DENOLF h.v.a.c. was founded on 08-08-2007.
- Is DENOLF h.v.a.c. still active?
- Yes, DENOLF h.v.a.c. is an active enterprise in the KBO register.
- How many employees does DENOLF h.v.a.c. have?
- DENOLF h.v.a.c. had an average of 6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DENOLF h.v.a.c.?
- The turnover in financial year 2025 is ≈ €990,000. This figure is estimated from the gross margin of €376,924 and 45 comparable companies (NACE 432). It probably lies between €820,000 and €1.2m.
- Is DENOLF h.v.a.c. profitable?
- In financial year 2025, DENOLF h.v.a.c. made a profit of €11,423.
- Where can I find the annual accounts of DENOLF h.v.a.c.?
- DENOLF h.v.a.c. filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DENOLF h.v.a.c. due?
- DENOLF h.v.a.c. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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