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Denubuild

Active
Private limited companyfounded 2025active for 1 yearBegonialaan 13, 2910 Essen, BelgiumKBO/BCE: BE 1029.513.161
Summary

Denubuild has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,506 and a net result of €12,506. Its solvency ranks better than 30% of 34,728 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

Equity
€17,506
Total assets
€62,217
Net result
€12,506
Working capital
€1,180

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

Balance-sheet composition
Assets €62,217
Fixed assets €16,326
Current assets €45,890
Equity and liabilities €62,217
Equity €17,506
Debt €44,711
Debt finances 71.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€16,480
Cash flow
€12,980
Current ratio
1.03
Debt to equity
2.55
ROE
71.4%
ROA
20.1%
Interest coverage
over 100
Debt ≤ 1 year
€44,711
Income taxes
€3,500

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,445 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% 0.9%
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 74.5% 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 2,390 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 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€62,217
Fixed assets21/28€16,326
Tangible fixed assets22/27€16,326
Plant, machinery and equipment23€12,632
Furniture and vehicles24€3,694
Current assets29/58€45,890
Amounts receivable within one year40/41€20,343
Trade receivables40€16,114
Other amounts receivable41€4,229
Cash at bank and in hand54/58€25,548
Equity and liabilities
Total equity and liabilities10/49€62,217
Equity10/15€17,506
Contributions10/11€5,000
Reserves13€12,506
Distributable reserves133€12,506
Amounts payable17/49€44,711
Amounts payable within one year42/48€44,711
Trade debts44€14,733
Suppliers440/4€14,733
Taxes, remuneration and social security45€8,922
Taxes450/3€3,557
Remuneration and social security454/9€5,364
Other amounts payable47/48€21,056
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€474
Other operating charges640/8€232
Gross operating margin9900€16,712
Operating profit (loss)9901€16,006
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€16,006
Income taxes67/77€3,500
Profit (loss) for the period9904€12,506
Profit (loss) for the period to be appropriated9905€12,506
Appropriation of the result
Profit (loss) to be appropriated9906€12,506
Transfer to equity691/2€12,506
To other reserves6921€12,506

The notes to these accounts (5 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€474
Other operating charges640/8€232
Gross operating margin9900€16,712
Operating profit (loss)9901€16,006
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903€16,006
Income taxes67/77€3,500
Profit (loss) for the period9904€12,506
Profit (loss) for the period to be appropriated9905€12,506
Line2025
Assets
Total assets20/58€62,217
Fixed assets21/28€16,326
Tangible fixed assets22/27€16,326
Plant, machinery and equipment23€12,632
Furniture and vehicles24€3,694
Current assets29/58€45,890
Amounts receivable within one year40/41€20,343
Trade receivables40€16,114
Other amounts receivable41€4,229
Cash at bank and in hand54/58€25,548
Equity and liabilities
Total equity and liabilities10/49€62,217
Equity10/15€17,506
Contributions10/11€5,000
Reserves13€12,506
Distributable reserves133€12,506
Amounts payable17/49€44,711
Amounts payable within one year42/48€44,711
Trade debts44€14,733
Suppliers440/4€14,733
Taxes, remuneration and social security45€8,922
Taxes450/3€3,557
Remuneration and social security454/9€5,364
Other amounts payable47/48€21,056
Line2025
Profit (loss) for the period9904€12,506
+ Depreciation and write-downs630€474
Operating cash flow (approximation)€12,980

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-07-2026 2026-00334958

Similar companies · same sector, comparable size

Of the 7,007 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,552. 2,402 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.