Denver Consulting · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Denver Consulting is 1.0% (low). The 2024 annual accounts show equity of €58k and a net result of €49k. Equity is growing by ~161.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 87 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 87 peers (2024). A comfortable equity buffer.

View the sector comparison

Growing equity

Equity grew over 2022-2024. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.0% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€49k

Working capital€58k+538.1%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 02-07-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~161.1%/year over 3 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 78 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	90.7%	21.9%	better than 95% of 87 sector peers
Net result	€49k	€17k	better than 58% of 88 sector peers
Equity	€58k	€123k	better than 39% of 87 sector peers
Gross operating margin	€58k	€318k	better than 30% of 87 sector peers
Total assets	€64k	€597k	better than 16% of 88 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Improving position over 2022-2024 · n=51-87

Net result P58

Improving position over 2022-2024 · n=52-88

Equity P39

Stable position over 2022-2024 · n=51-87

Gross operating margin P30

Improving position over 2022-2024 · n=52-87

Describes the position versus peers, not a forecast.

EBITDA

€-10k

- far below sector median

Net profit

€49k

- far above sector median

Cash flow

€-10k

- far below sector median

Total assets

€64k

+573.6% -96% vs sector

Equity

€58k

+538.1% -94% vs sector

Working capital

€58k

+538.1% -89% vs sector

Income taxes

€8k

+5457.9% +299% vs sector

Debt

€6k

+1379.7% -99% vs sector

Debt ≤ 1y

€6k

+1379.7% -98% vs sector

Debt > 1y

€4k

- -99% vs sector

Current ratio

10.77

-54.5% far above sector median

Quick ratio

10.77

-54.5% far above sector median

Solvency

90.7%

-5.3% +57% vs sector

Debt / equity

0.10

+131.9% -86% vs sector

ROE

84.3%

- far above sector median

ROA

76.5%

- far above sector median

Interest coverage

-27.01

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	-
Net profit	€49k
Cash flow	-
Staff costs	-
Income taxes	€8k
Dividends	-
Total assets	€64k
Equity	€58k
Debt	€6k
of which ≤ 1y	€6k
of which > 1y	-
Working capital	€58k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	10.77
Quick ratio	10.77
Working capital ratio	90.7%
Solvency	90.7%
Debt / equity	0.10
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	76.5%
ROE	84.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €58k · 90.7% Debt €6k · 9.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€64k
Current assets	29/58	€64k
Amounts receivable within one year	40/41	€5k
Cash & bank	54/58	€58k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€64k
Equity	10/15	€58k
Contributions / capital	10/11	€5k
Reserves	13	€53k
Amounts payable	17/49	€6k
Amounts payable within one year	42/48	€6k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€58k
Operating result	9901	€58k
Financial income	75	€242
Financial charges	65	€161
Result before taxes	9903	€58k
Income taxes	67/77	€8k
Net result for the period	9904	€49k
Result to be appropriated	9905	€49k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

93 / 100 Excellent

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location

Denver Consulting

Gulden-Vlieslaan 44, 8000 BruggeArbitrage en bemiddeling tussen bedrijfsleiding en werknemers

since 20202.306.279.720

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area763 m²

Buildings1

Building footprint126 m²

Volume (LiDAR)1,683 m³

Tallest building20.3 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31804D0066/00W012 ProtectedMonumentBurgerhuis in eclectische stijlSource ↗	Flanders	763 m²	1 · 126 m²	20.3 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Analysis

Snowflake analysis

financial profile on 5 axes

93 / 100

Exceptional profile, strong across almost every axis.

Health 93

Profitability 100

Solvency 100

Growth 78

Stability 94

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Credit advice

verdict per customer and amount

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Company registry

Company registry (CBE)

Crossroads Bank

Activities

Arbeidsbemiddeling78100Arbeidsbemiddeling78100Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Adviesbureaus op het gebied van public relations en communicatie70210Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Activiteiten van adviesbureaus op het gebied van public relations en communicatie73300Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening78200Andere vormen van arbeidsbemiddeling78300

Primary activity highlighted.

Names & trade names

Legal nameNL

Denver Consulting

Registered office

Gulden-Vlieslaan 44 bus 401

8000 Brugge, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.