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DENOVE

Active
Private limited companyfounded 200719 yrs activeSint Jozefstraat 15, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0889.626.491
Summary

DENOVE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,459 and a net result of €5,727. Its solvency ranks better than 95% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes
Profitability76
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 19.86; short-term debt: 3.4% and cash: 57.7% of total assets), and 3.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
96.6%
Return on assets
5.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
9 d early
2014
22 d early
2013
27 d early
2012
7 d early
2011
26 d early
2010
30 d early
2009
29 d early
← before the deadline after the deadline →
Checked, nothing found (2)
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. Usually files around 9 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DENOVE was incorporated on 15 May 2007.1 The company has filed 8 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€100,459
Total assets
€103,962
Net result
€5,727
Working capital
€66,076

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €103,962
Fixed assets €34,383
Current assets €69,580
Equity and liabilities €103,962
Equity €100,459
Debt €3,504
Debt finances 3.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€13,014
Cash flow
€11,879
Current ratio
19.86
Debt to equity
0.03
ROE
5.7%
ROA
5.5%
Interest coverage
252.22
Debt ≤ 1 year
€3,504
Income taxes
€1,084

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€103,962
Fixed assets21/28€34,383
Tangible fixed assets22/27€34,383
Plant, machinery and equipment23€32,536
Furniture and vehicles24€1,847
Current assets29/58€69,580
Amounts receivable within one year40/41€7,521
Trade receivables40€4,640
Other amounts receivable41€2,881
Cash at bank and in hand54/58€60,023
Deferred charges and accrued income490/1€2,035
Equity and liabilities
Total equity and liabilities10/49€103,962
Equity10/15€100,459
Contributions10/11€160,384
Profit (loss) carried forward14-€59,925
Amounts payable17/49€3,504
Amounts payable within one year42/48€3,504
Trade debts44€828
Suppliers440/4€828
Taxes, remuneration and social security45€1,084
Taxes450/3€1,084
Other amounts payable47/48€1,592
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,152
Other operating charges640/8€766
Gross operating margin9900€13,780
Operating profit (loss)9901€6,862
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€52
Recurring financial charges65€52
Profit (loss) for the period before taxes9903€6,811
Income taxes67/77€1,084
Profit (loss) for the period9904€5,727
Profit (loss) for the period to be appropriated9905€5,727
Appropriation of the result
Profit (loss) to be appropriated9906-€59,925
Profit (loss) brought forward from the previous period14P-€65,653

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,152
Other operating charges640/8€766
Gross operating margin9900€13,780
Operating profit (loss)9901€6,862
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€52
Recurring financial charges65€52
Profit (loss) for the period before taxes9903€6,811
Income taxes67/77€1,084
Profit (loss) for the period9904€5,727
Profit (loss) for the period to be appropriated9905€5,727
Line2025
Assets
Total assets20/58€103,962
Fixed assets21/28€34,383
Tangible fixed assets22/27€34,383
Plant, machinery and equipment23€32,536
Furniture and vehicles24€1,847
Current assets29/58€69,580
Amounts receivable within one year40/41€7,521
Trade receivables40€4,640
Other amounts receivable41€2,881
Cash at bank and in hand54/58€60,023
Deferred charges and accrued income490/1€2,035
Equity and liabilities
Total equity and liabilities10/49€103,962
Equity10/15€100,459
Contributions10/11€160,384
Profit (loss) carried forward14-€59,925
Amounts payable17/49€3,504
Amounts payable within one year42/48€3,504
Trade debts44€828
Suppliers440/4€828
Taxes, remuneration and social security45€1,084
Taxes450/3€1,084
Other amounts payable47/48€1,592
Line2025
Profit (loss) for the period9904€5,727
+ Depreciation and write-downs630€6,152
Operating cash flow (approximation)€11,879

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2015
09-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
04-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
05-07
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
01-07
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
02-07
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema
2009
31-08
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 31 days late
NBB filing
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 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, Bilzen-Hoeselt · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
1,106 m²
Building footprint
176 m²
Volume, LiDAR
915 m³
Parcel 73006C0345/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Denove
Sint Jozefstraat 15, 3740 Bilzen-HoeseltAgents in the wholesale of timber and building materials
since 20072.163.117.717
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73006C0345/00H000 Flanders 1,106 m² 1 · 176 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

Of 1,136 companies in sector 46130 we hold annual accounts for 647. 520 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded15-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46140Agents in the wholesale of industrial machinery, ships and aircraft
46150Agents in the wholesale of furniture, household goods and hardware
46180Agents specialised in the wholesale of other particular products
Contact
E-mail denovebv@gmail.com
Phone 0477033737
Phone 089416840
E-invoicing
Reachable via Peppol
Peppol ID 0208:0889626491
Also 9925:BE0889626491
Registered 13-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.