Financials
- Fiscal year
- 2025
- Total assets
- €25,550
- Loss
- -€3,706
- Solvency
- 23.9%
Total assets▼ 11.6%
Net result
20182025
Densario
ActiveSummary
The computed 12-month bankruptcy probability of Densario is 5.5% (elevated). The 2025 annual accounts show equity of €6,107 and a net result of -€3,706. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 14676 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
1 site
Size
€25,550total assets 2025
- Equity
- €6,107
- Loss
- -€3,706
Turnover not published (abridged schema)
Structure
Accounts filed 52 d late0 of 5 deeds read
Why 35- Latest accounts 52 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Liquidity: current ratio 1.25, cash €1, halved+ Size: total assets €25,550Show the evidence
Checked score
Score 2025
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 22% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
49-10
equity 23.9% of total assets
Liquidity
9-6
short-term debt 76.1% · cash 0.0%
Profitability
1-6
return on assets -14.5%
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 17 months
06-2025: 5.3%
07-2025: 5.2%▼ -1.2% vs 06-2025
08-2025: 6.0%▲ +15.4% vs 07-2025
09-2025: 6.3%▲ +4.1% vs 08-2025highest value
10-2025: 5.4%▼ -14.3% vs 09-2025
11-2025: 5.4%● 0.0% vs 10-2025
12-2025: 5.4%● 0.0% vs 11-2025
01-2026: 5.2%▼ -2.5% vs 12-2025
02-2026: 5.2%● 0.0% vs 01-2026
03-2026: 5.3%▲ +2.1% vs 02-2026
04-2026: 5.4%▲ +0.3% vs 03-2026
05-2026: 5.3%▼ -1.9% vs 04-2026
06-2026: 5.1%▼ -3.7% vs 05-2026
07-2026: 4.9%▼ -3.3% vs 06-2026lowest value
08-2026: 5.3%▲ +9.3% vs 07-2026
09-2026: 5.1%▼ -4.0% vs 08-2026
10-2026: 5.5%▲ +7.0% vs 09-2026
- Latest accounts 52 days late; 2 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Liquidity: current ratio 1.25, cash €1, halved raises the probability
- Size: total assets €25,550 lowers the probability for this profile
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.25 against 1.48 in 2024; short-term debt: 76.1% and cash: 0% of total assets), and 76.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 45%, liquidity 8%, profitability 17%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3,706
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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 · 9 filingsDeviation from the deadline
2025
52 d late
2024
42 d late
2023
8 d late
2022
58 d late
2021
60 d late
2020
88 d late
2019
98 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 58 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
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 21 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2018
- Next accounts
- by 31-07-2027
- 21-09-2026Annual accounts filed
- 11-09-2025Annual accounts filed
- 08-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 11-08-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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