Dentsu Belgium
The computed 12-month bankruptcy probability of Dentsu Belgium is 2.1% (moderate). The 2025 annual accounts show equity of €1.35M and a net result of €20k. Equity is growing by ~119.1% per year across the filed fiscal years. Its solvency ranks better than 10% of 130 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.35M |
| Net result | €20k |
| Staff (FTE) | 23.1 |
| Better than sector | 10% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.5% | 43.8% | |
| Net result | €499k | €32k | |
| Equity | €325k | €116k | |
| Staff costs | €1.84M | €230k | |
| Employees (FTE) | 21.0 | 3.9 |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | full schema |
| Revenue | €5.14M |
| EBITDA | €185k |
| Net profit | €20k |
| Cash flow | €84k |
| Staff costs | €2.05M |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €19.06M |
| Equity | €1.35M |
| Debt | €17.72M |
| of which ≤ 1y | €17.72M |
| of which > 1y | - |
| Working capital | €1.03M |
| Employees (FTE) | 23.1 |
| 2025 | |
|---|---|
| Current ratio | 1.06 |
| Quick ratio | 1.06 |
| Working capital ratio | 5.4% |
| Solvency | 7.1% |
| Debt / equity | 13.17 |
| Long-term debt ratio | - |
| Interest coverage | 3.14 |
| Gross margin | 94.8% |
| Net margin | 0.4% |
| ROA | 0.1% |
| ROE | 1.5% |
| EBITDA margin | 3.6% |
| Days sales outstanding | 992d |
| Days payable outstanding | 19746d |
| Inventory turnover | - |
| Days inventory (DSI) | 0d |
Full annual accounts (24 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €19.06M |
| Fixed assets | 21/28 | €315k |
| Intangible fixed assets | 21 | €288k |
| Tangible fixed assets | 22/27 | €27k |
| Current assets | 29/58 | €18.75M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €18.65M |
| Cash & bank | 54/58 | €100k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €19.06M |
| Equity | 10/15 | €1.35M |
| Contributions / capital | 10/11 | €3.50M |
| Accumulated profits (losses) | 14 | €-2.15M |
| Provisions & deferred taxes | 16 | €0 |
| Amounts payable | 17/49 | €17.72M |
| Amounts payable within one year | 42/48 | €17.72M |
| Trade debts payable within one year | 44 | €14.38M |
| Income statement | ||
| Turnover | 70 | €5.14M |
| Operating result | 9901 | €121k |
| Financial income | 75 | €19k |
| Financial charges | 65 | €116k |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €20k |
| Result to be appropriated | 9905 | €20k |
-
Sascha van der BorghtPersoon belast met het dagelijks bestuurState Gazette act 26105543 (18-08-2026)Current18-08-2026 → present
Former directors (1)
-
Laurent MassartPersoon belast met het dagelijks bestuurState Gazette act 26105543 (18-08-2026)Former- → 18-08-2026
| NACE primary | Media representation(73120) |
| Legal form | Private limited company(610) |
| Incorporation | 21-04-2021 |
| Status | Active |
| Postal code | 1170 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0165/00Y007 | Brussels | 2,183 m² | 1 · 716 m² | 19.5 m · 5 fl. |
18-08-2026 State Gazette act Board meeting · Director resignation
- Board meeting, 2026-07-16
- Director resignation, Laurent Massart (persoon belast met het dagelijks bestuur)
- Director appointment, Sascha van der Borght (persoon belast met het dagelijks bestuur)
- Mandate compensation, Sascha van der Borght
- Power of attorney, CMS DeBacker
- Power-of-attorney revocation, herroeping van alle bijzondere bevoegdheden met betrekking tot de Vennootschap, binnen of buiten het kader van zijn mandaat als persoon belast met het dagelijks…
22-07-2026 NBB filing Annual accounts filed
06-11-2025 NBB filing Annual accounts filed
14-01-2025 NBB filing Annual accounts filed
01-10-2024 NBB filing Annual accounts filed
05-10-2023 NBB filing Annual accounts filed
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
18-08-2026 Act object · Board meeting · Officer resignation · Officer appointment
- Act object: Vervanging van de persoon belast met het dagelijks bestuur · Dentsu Belgium
- Publication: 2026-08-18 · Dentsu Belgium
- Filing: 2026-08-11 · Dentsu Belgium
- Board meeting: 2026-07-16 · Dentsu Belgium
- Officer resignation: role: persoon belast met het dagelijks bestuur, end_date: 2026-05-02 · Laurent Massart
- Officer appointment: role: persoon belast met het dagelijks bestuur, term: onbepaalde duur, start_date: 2026-07-16 · Sascha van der Borght
- Mandate compensation: onbezoldigd · Sascha van der Borght
- Power of attorney: publicatie van besluiten in Bijlagen bij het Belgisch Staatsblad, wijziging van gegevens in de KBO en het stellen van alle nodige handelingen · CMS DeBacker
- Power revocation: herroeping van alle bijzondere bevoegdheden met betrekking tot de Vennootschap, binnen of buiten het kader van zijn mandaat als persoon belast met het dagelijks bestuur · Laurent Massart
Technical details
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}03-10-2025 Capital increase of €1,000,000 to €1,000,000
- €0 → €1.000.000
- Inbreng in geld · Apport en numéraire
Technical details
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}24-02-2025 4 directors appointed, 1 resigning
- Boris Samuel Nihom, Bestuurder
- Vincent Dirckx, Dagelijks bestuur
- Zoé Janssen, Dagelijks bestuur
- Charles Haverbeke, Dagelijks bestuur
- Mark Christian van Dijk, Bestuurder
Technical details
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}08-10-2024 Henricus Leo Johannes van der Kallen appointed as director
- Henricus Leo Johannes van der Kallen, Bestuurder
Technical details
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- Saskia de Mol, Bestuurder
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}22-09-2023 Capital increase of €1,500,000 to €1,500,000
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- Inbreng in geld · Apport en numéraire
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}22-09-2022 Carmen Van Camp appointed as statutory auditor
- Carmen Van Camp, Commissaris
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}| Legal nameNL | Dentsu Belgium |