deNVer
ActiveSummary
deNVer has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €535,432 and a net result of €52,520. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 78% of 980 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+5
Solvency100▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.71 in 2024; short-term debt: 17.6% and cash: 39% of total assets), and 24.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.2%
Return on assets
7.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-03-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
29 d early
2023
28 d early
2021
9 d early
2020
1 d early
2019
3 d early
2018
on the day
← 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 14 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 1 April (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€535,432▲ 10.9%
2024 · €482,913
Total assets
€711,995▼ 8.5%
2024 · €778,519
Net result
€52,520▲ 94.7%
2024 · €26,971
Working capital
€209,784▲ 37.9%
2024 · €152,135
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202320242025
Operating result€102,469▲ 3.0%€164,286▲ 60.3%€308,766-€45,664▼ 85.2%€81,088▲ 77.6%
Net result€47,880above the sector's middle half▼ 13.8%€99,869above the sector's middle half▲ 109%€194,903above the sector's middle half-€26,971within the sector's middle half▼ 86.2%€52,520above the sector's middle half▲ 94.7%
Equity€525,285above the sector's middle half▲ 10.0%€536,553above the sector's middle half▲ 2.1%€511,471above the sector's middle half-€482,913above the sector's middle half▼ 5.6%€535,432above the sector's middle half▲ 10.9%
Total assets€862,078above the sector's middle half▼ 1.4%€920,382above the sector's middle half▲ 6.8%€938,716above the sector's middle half-€778,519above the sector's middle half▼ 17.1%€711,995above the sector's middle half▼ 8.5%
Debt€311,094▼ 15.2%€364,465▲ 17.2%€412,722-€284,714▼ 31.0%€165,670▼ 41.8%
Working capital€274,882above the sector's middle half▼ 8.0%€279,843above the sector's middle half▲ 1.8%€193,107above the sector's middle half-€152,135above the sector's middle half▼ 21.2%€209,784above the sector's middle half▲ 37.9%
Solvency60.9%within the sector's middle half▲ 6.4pp58.3%within the sector's middle half▼ 2.6pp54.5%within the sector's middle half-62.0%within the sector's middle half▲ 7.5pp75.2%above the sector's middle half▲ 13.2pp
Current ratio3.67above the sector's middle half▼ 0.212.50within the sector's middle half▼ 1.171.64within the sector's middle half-1.71within the sector's middle half▲ 0.072.68within the sector's middle half▲ 0.97
Return on assets (ROA)5.6%within the sector's middle half▼ 0.8pp10.9%within the sector's middle half▲ 5.3pp20.8%above the sector's middle half-3.5%within the sector's middle half▼ 17.3pp7.4%within the sector's middle half▲ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -86% on 2023. The previous fiscal year ran 21 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 78% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €711,995
Fixed assets
€377,077 ▼ 8.2%
Current assets
€334,918 ▼ 8.9%
Equity and liabilities €711,995
Equity
€535,432 ▲ 10.9%
Provisions
€10,892 =
Debt
€165,670 ▼ 41.8%
Debt's share of the balance-sheet total falls from 36.6% to 23.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€125,160▲
2024 · €89,955
Cash flow
€96,592▲
2024 · €71,263
Debt to equity
0.31▼
2024 · 0.59
ROE
9.8%▲
2024 · 5.6%
Interest coverage
14.43▲
2024 · 8.96
Debt ≤ 1 year
€125,134▼
2024 · €215,463
Debt > 1 year
€36,135▼
2024 · €67,310
Income taxes
€22,485▲
2024 · €12,063
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 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% | 1.8% |
| 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% 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 20,134 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
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €18,801 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,725 | €40,548 | €43,039 | €44,292 | €44,072 | ▼ 0.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€6,334 | -€4,841 | -€3,631 | - | - |
| Other operating charges640/8 | - | €4,385 | €8,729 | €3,703 | €3,942 | ▲ 6.5% |
| Gross operating margin9900 | €157,726 | €202,885 | €355,692 | €90,028 | €129,103 | ▲ 43.4% |
| Operating profit (loss)9901 | €102,469 | €164,286 | €308,766 | €45,664 | €81,088 | ▲ 77.6% |
| Financial income75/76B | - | €36 | €86 | €3,409 | €2,591 | ▼ 24.0% |
| Recurring financial income75 | €101 | €36 | €86 | €3,409 | €2,591 | ▼ 24.0% |
| Financial charges65/66B | - | €16,830 | €14,850 | €10,038 | €8,674 | ▼ 13.6% |
| Recurring financial charges65 | €21,057 | €16,830 | €14,850 | €10,038 | €8,674 | ▼ 13.6% |
| Profit (loss) for the period before taxes9903 | €74,254 | €147,491 | €294,002 | €39,034 | €75,005 | ▲ 92.2% |
| Income taxes67/77 | €26,373 | €47,622 | €99,099 | €12,063 | €22,485 | ▲ 86.4% |
| Profit (loss) for the period9904 | €47,880 | €99,869 | €194,903 | €26,971 | €52,520 | ▲ 94.7% |
| Profit (loss) for the period to be appropriated9905 | €47,880 | €99,869 | €194,903 | €26,971 | €52,520 | ▲ 94.7% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €862,078 | €920,382 | €938,716 | €778,519 | €711,995 | ▼ 8.5% |
| Fixed assets21/28 | €484,400 | €453,931 | €443,343 | €410,922 | €377,077 | ▼ 8.2% |
| Tangible fixed assets22/27 | €484,400 | €453,931 | €443,343 | €410,922 | €377,077 | ▼ 8.2% |
| Land and buildings22 | - | €428,512 | €398,119 | €368,491 | €338,869 | ▼ 8.0% |
| Plant, machinery and equipment23 | - | - | - | - | €674 | - |
| Furniture and vehicles24 | - | €25,419 | €45,224 | €42,430 | €37,535 | ▼ 11.5% |
| Current assets29/58 | €377,678 | €466,451 | €495,373 | €367,598 | €334,918 | ▼ 8.9% |
| Amounts receivable after more than one year29 | - | - | €10,000 | €10,000 | €10,000 | = |
| Other amounts receivable291 | - | - | €10,000 | €10,000 | €10,000 | = |
| Amounts receivable within one year40/41 | €53,255 | €55,948 | €37,675 | €63,101 | €42,542 | ▼ 32.6% |
| Trade receivables40 | - | €48,583 | €30,235 | €42,318 | €35,846 | ▼ 15.3% |
| Other amounts receivable41 | - | €7,365 | €7,440 | €20,783 | €6,697 | ▼ 67.8% |
| Cash at bank and in hand54/58 | €318,365 | €405,589 | €444,232 | €288,598 | €277,895 | ▼ 3.7% |
| Deferred charges and accrued income490/1 | - | €4,915 | €3,466 | €5,899 | €4,481 | ▼ 24.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €862,078 | €920,382 | €938,716 | €778,519 | €711,995 | ▼ 8.5% |
| Equity10/15 | €525,285 | €536,553 | €511,471 | €482,913 | €535,432 | ▲ 10.9% |
| Contributions10/11 | - | €110,084 | €110,084 | €110,084 | €110,084 | = |
| Reserves13 | €415,201 | €426,469 | €401,386 | €372,828 | €425,348 | ▲ 14.1% |
| Non-distributable reserves130/1 | - | €11,500 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €11,500 | €1,860 | - | - | - |
| Distributable reserves133 | - | €414,969 | €399,526 | €372,828 | €425,348 | ▲ 14.1% |
| Provisions and deferred taxes16 | €25,698 | €19,364 | €14,523 | €10,892 | €10,892 | = |
| Provisions for liabilities and charges160/5 | - | €19,364 | €14,523 | €10,892 | €10,892 | = |
| Major repairs and maintenance162 | - | €19,364 | €14,523 | €10,892 | €10,892 | = |
| Amounts payable17/49 | €311,094 | €364,465 | €412,722 | €284,714 | €165,670 | ▼ 41.8% |
| Amounts payable after more than one year17 | €208,298 | €176,219 | €106,905 | €67,310 | €36,135 | ▼ 46.3% |
| Financial debts170/4 | - | €176,219 | €106,905 | €67,310 | €36,135 | ▼ 46.3% |
| Amounts payable within one year42/48 | €102,796 | €186,609 | €302,266 | €215,463 | €125,134 | ▼ 41.9% |
| Current portion of amounts payable after more than one year42 | - | €37,933 | €40,116 | €39,595 | €31,174 | ▼ 21.3% |
| Financial debts43 | - | €6,688 | - | €11,769 | - | - |
| Credit institutions430/8 | - | €6,688 | - | €11,769 | - | - |
| Trade debts44 | €9,622 | €7,157 | €4,726 | €12,973 | €6,778 | ▼ 47.8% |
| Suppliers440/4 | - | €7,157 | €4,726 | €12,973 | €6,778 | ▼ 47.8% |
| Taxes, remuneration and social security45 | - | €26,594 | €39,082 | €11,828 | €15,792 | ▲ 33.5% |
| Taxes450/3 | - | €26,594 | €39,082 | €7,128 | €15,792 | ▲ 122% |
| Remuneration and social security454/9 | - | - | €0 | €4,700 | - | - |
| Other amounts payable47/48 | - | €108,237 | €218,342 | €139,296 | €71,390 | ▼ 48.7% |
| Accrued charges and deferred income492/3 | - | €1,638 | €3,551 | €1,942 | €4,401 | ▲ 127% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,880 | €99,869 | €194,903 | €26,971 | €52,520 | ▲ 94.7% |
| + Depreciation and write-downs630 | €52,725 | €40,548 | €43,039 | €44,292 | €44,072 | ▼ 0.5% |
| Operating cash flow (approximation) | €100,605 | €140,417 | €237,942 | €71,263 | €96,592 | ▲ 35.5% |
| Investment in fixed assets (approximation) | - | -€10,079 | - | -€11,870 | -€10,228 | ▲ 13.8% |
| Change in cash | - | €87,223 | - | -€155,633 | -€10,704 | ▲ 93.1% |
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
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €500,000Eq €535,432 ▲10.9%
6 profitable years in a row build equity to €535,432.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €26,971 ▼86.2%
Net result drops to €26,971, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2019net €194,903 ▲95.2%
Operating result €308,766, net result €194,903, both a record.
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500,000Eq €525,285 ▲10%
2 profitable years in a row build equity to €525,285.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1978
Ground area
3.1 ha
Building footprint
1,463 m²
Volume, LiDAR
21,813 m³
2 parcels, Flanders · tallest building 21.9 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
2 establishment units
Kipdorp 8, 2000 Antwerpen
since 19782.102.239.923
deNVer BVBA
since 20092.177.000.692
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382B0032/00M008 | Flanders | 3.0 ha | 1 · 926 m² | 21.9 m · 5 fl. |
| 11802B2222/00H000 | Flanders | 1,596 m² | 1 · 537 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 273 companies in sector 52241 we hold annual accounts for 211. 128 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-06-1978
Fiscal year end30-09
Activities, NACEBEL 2025
52241Warehousing and support activities for transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418641805
Also
9925:BE0418641805
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.