Checked.be
Active
BE 0871.209.062Private limited company
DENTURCK
Klerkenstraat 65 ·8650 Houthulst, Belgium· 21 yrs active
Sector: Wholesale trade
(46220)
Conclusion
DENTURCK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.75M and a net result of €615k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 9019 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €3.75M |
| Net result | €615k |
| Staff (FTE) | 6.7 |
| Better than sector | 95% |
Financial profile
85
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
93
Profitability
82
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2005, 21 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
93
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€350k
estimate, not credit advice
Score history
93
2021
93
2022
93
2023
93
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 17.87 (≥ 1.5)
+10
Quick ratio
Quick ratio 17.78 (≥ 1.0)
+5
Leverage
Debt/equity 0.06 (< 1.0)
+10
Profitability
ROE 16% (≥ 10%)
+10
Interest coverage
Interest coverage 111.2× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~10.5%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 94.7% | 44.1% | |
| Net result | €615k | €40k | |
| Equity | €3.75M | €490k | |
| Gross operating margin | €1.16M | €267k | |
| Staff costs | €294k | €206k |
€846k
-4.8%
21-24
€615k
-2.4%
21-24
€661k
+2.9%
21-24
€3.97M
+7.1%
21-24
€3.75M
+6.7%
21-24
€3.55M
+5.9%
21-24
7
+1.5%
21-24
€294k
-7.6%
21-24
€283k
-1.7%
21-24
€378k
+42.9%
21-24
€211k
+13.5%
21-24
€210k
+14.6%
21-24
17.87
-7.3%
21-24
17.78
-7.4%
21-24
94.7%
-0.3%
21-24
0.06
+6.3%
21-24
16.4%
-8.5%
21-24
15.5%
-8.8%
21-24
111.18
-26.3%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €846k | €889k | €1.05M | €1.28M |
| Net profit | €615k | €630k | €710k | €855k |
| Cash flow | €661k | €642k | €744k | €901k |
| Staff costs | €294k | €319k | €216k | €225k |
| Income taxes | €283k | €288k | €327k | €395k |
| Dividends | €378k | €265k | €275k | €747k |
| Total assets | €3.97M | €3.70M | €3.45M | €3.46M |
| Equity | €3.75M | €3.52M | €3.16M | €2.73M |
| Debt | €211k | €185k | €288k | €729k |
| of which ≤ 1y | €210k | €184k | €266k | €701k |
| of which > 1y | - | - | - | - |
| Working capital | €3.55M | €3.35M | €3.14M | €2.69M |
| Employees (FTE) | 6.7 | 6.6 | 5.8 | 5.2 |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 17.87 | 19.27 | 12.80 | 4.83 |
| Quick ratio | 17.78 | 19.21 | 12.77 | 4.82 |
| Working capital ratio | 89.5% | 90.6% | 91.1% | 77.6% |
| Solvency | 94.7% | 95.0% | 91.6% | 78.9% |
| Debt / equity | 0.06 | 0.05 | 0.09 | 0.27 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 111.18 | 150.78 | 207.08 | 213.01 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 15.5% | 17.0% | 20.6% | 24.7% |
| ROE | 16.4% | 17.9% | 22.5% | 31.3% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €3.97M | €3.70M | €3.45M | €3.46M |
| Fixed assets | 21/28 | €205k | €166k | €39k | €74k |
| Tangible fixed assets | 22/27 | €205k | €166k | €39k | €74k |
| Current assets | 29/58 | €3.76M | €3.54M | €3.41M | €3.39M |
| Stocks & contracts in progress | 3 | €19k | €11k | €7k | €10k |
| Amounts receivable within one year | 40/41 | €435k | €394k | €334k | €553k |
| Investments | 50/53 | €2.00M | €2.20M | €600k | €850k |
| Cash & bank | 54/58 | €722k | €928k | €2.30M | €1.82M |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.97M | €3.70M | €3.45M | €3.46M |
| Equity | 10/15 | €3.75M | €3.52M | €3.16M | €2.73M |
| Reserves | 13 | €3.75M | €3.52M | €3.16M | €2.73M |
| Accumulated profits (losses) | 14 | €0 | - | €559 | €559 |
| Provisions & deferred taxes | 16 | - | - | €2k | €2k |
| Amounts payable | 17/49 | €211k | €185k | €288k | €729k |
| Amounts payable within one year | 42/48 | €210k | €184k | €266k | €701k |
| Trade debts payable within one year | 44 | €76k | €95k | €59k | €53k |
| Income statement | |||||
| Gross operating margin | 9900 | €1.16M | €1.23M | €1.27M | €1.51M |
| Operating result | 9901 | €801k | €877k | €1.01M | €1.23M |
| Financial income | 75 | €105k | €46k | €28k | €24k |
| Financial charges | 65 | €8k | €6k | €5k | €6k |
| Result before taxes | 9903 | €898k | €916k | €1.04M | €1.25M |
| Income taxes | 67/77 | €283k | €288k | €327k | €395k |
| Net result for the period | 9904 | €615k | €630k | €710k | €855k |
| Result to be appropriated | 9905 | €615k | €636k | €710k | €872k |
Legal Structure
| NACE primary | Wholesale trade(46220) |
| Legal form | Private limited company(610) |
| Incorporation | 14-01-2005 |
| Status | Active |
| Postal code | 8650 |
Establishment units
DENTURCK
since 20052.145.435.508
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32006E0268/00W000 | Flanders | 1,272 m² | 1 · 181 m² | 8.7 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €615k ▼2.4%
Net result drops to €615k, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 12.80
Current ratio from 4.83 to 12.80; short-term debt falls from €701k to €266k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
01122Growing of flowers01191Wholesale trade46220
Names & trade names
| Legal nameNL | DENTURCK |
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