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Denoo

Active
Private limited companyfounded 199234 years activeSchaperstraat 2-4, 9860 Oosterzele, BelgiumKBO/BCE: BE 0446.685.988
Summary

The computed 12-month bankruptcy probability of Denoo is 2.4% (moderate). The 2024 annual accounts show equity of €1.2m and a net result of -€424,413. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 10% of 1,703 sector peers (NACE 01, fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Growing of vegetables, melons, roots and tubers
NACE 01130
#1 company by total assets in Oosterzele, Agriculture, forestry and fishing sector1 site
Size
€35.5mtotal assets 2024
Staff
8.8 FTE
Equity
€1.2m
Loss
-€424,413
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Holdings
6
Accounts 69 days overdue0 of 4 deeds read
Why 50- Liquidity: current ratio 0.35, cash €322,795- Figures for FY 2024 (filed 02-10-2025)- Equity €1.2m (3.3% of total assets)+ Sector Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 12% of its sector peers (NACE 01, micro)
Financial strength · tick = 2023
Weak
Solvency 28-2
equity 3.3% of total assets
Liquidity 1=
short-term debt 96.7% · cash 0.9%
Profitability 17-2
return on assets -1.2%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,676 companies)
Last 24 months 11-2024: 2.3% 12-2024: 1.0%▼ -1.3 percentage points vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025lowest value 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.3%▲ +0.3 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 1.9%▲ +0.4 percentage points vs 09-2025 11-2025: 1.1%▼ -0.8 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.2%▲ +0.1 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.2%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.4 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026 10-2026: 2.4%▲ +0.5 percentage points vs 09-2026highest value
Credit up to €55,000 at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.33 in 2023; short-term debt: 96.7% and cash: 0.9% of total assets), and 96.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 18% on solvency, 3% on liquidity, 15% on profitability and 12% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.35, cash €322,795
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 02-10-2025)
NBB · annual accounts
raises risk · Equity €1.2m (3.3% of total assets)
NBB · annual accounts
lowers risk · Sector Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€424,413
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1703 sector peers (2024).
NBB · sector comparison
Position among 1703 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 filings
Deviation from the deadline
2025
not confirmed
2024
60 days late
2023
100 days late
2022
70 days late
2021
78 days late
2020
123 days late
2019
137 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 95 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Annual accounts filedfiscal year 2022 · abbreviated…

Key points

  • Risk: 5 loss-making years in a rowloss fiscal year 2024 -€424,413 View
  • Caution: Among the weakest 5% on net resultsector median €90,420 · 1,701 companies -€424,413 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Heads a groupcompanies controlled 4 View
  • Caution: Equity fell in 2024from €1.6m to €1.2m ▼ 26.6% View

By topic

Financials

Fiscal year
2024
Total assets
€35.5m
Loss
-€424,413
Solvency
3.3%
Total assets▲ 2.4%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 17-10-2022Annual accounts filed
  2. 31-12-2021Equity above €2m
  3. 01-12-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Founded
26-02-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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