DENRAF CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of DENRAF CONSTRUCT is 6.4% (elevated). The 2024 annual accounts show equity of €39,961 and a net result of €8,520. Equity is growing by ~45.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 9973 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
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Signals
This company filed its last 3 accounts on average 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 39,278 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €258 | - | - |
| Gross operating margin9900 | €44,198 | €56,134 | €8,520 | ▼ 84.8% |
| Operating profit (loss)9901 | €44,198 | €55,876 | €8,520 | ▼ 84.8% |
| Financial charges65/66B | €7 | €76 | - | - |
| Recurring financial charges65 | €7 | €76 | - | - |
| Profit (loss) for the period before taxes9903 | €44,191 | €55,800 | €8,520 | ▼ 84.7% |
| Income taxes67/77 | - | €550 | - | - |
| Profit (loss) for the period9904 | €44,191 | €55,250 | €8,520 | ▼ 84.6% |
| Profit (loss) for the period to be appropriated9905 | €44,191 | €55,250 | €8,520 | ▼ 84.6% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €101,785 | €128,081 | €39,961 | ▼ 68.8% |
| Current assets29/58 | €101,785 | €128,081 | €39,961 | ▼ 68.8% |
| Amounts receivable within one year40/41 | €94,082 | €102,656 | €14,536 | ▼ 85.8% |
| Trade receivables40 | €94,082 | €102,656 | - | - |
| Other amounts receivable41 | - | - | €14,536 | - |
| Cash at bank and in hand54/58 | €7,703 | €25,425 | €25,425 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €101,785 | €128,081 | €39,961 | ▼ 68.8% |
| Equity10/15 | €11,191 | €31,441 | €39,961 | ▲ 27.1% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €100 | €100 | €100 | = |
| Non-distributable reserves130/1 | €100 | €100 | €100 | = |
| Reserves not available under the articles1311 | €100 | €100 | €100 | = |
| Profit (loss) carried forward14 | €10,091 | €30,341 | €38,861 | ▲ 28.1% |
| Amounts payable17/49 | €90,595 | €96,640 | - | - |
| Amounts payable within one year42/48 | €90,595 | €96,640 | - | - |
| Taxes, remuneration and social security45 | - | €5,045 | - | - |
| Remuneration and social security454/9 | - | €5,045 | - | - |
| Other amounts payable47/48 | €90,595 | €91,595 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,191 | €55,250 | €8,520 | ▼ 84.6% |
| Operating cash flow (approximation) | €44,191 | €55,250 | €8,520 | ▼ 84.6% |
| Change in cash | - | €17,722 | €0 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
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.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 21308H0462/00C000 | Brussels | 167 m² | 1 · 160 m² | 13.6 m · 4 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.