DENVEST
ActiveDENVEST has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €374k and a net result of €156k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+27
Solvency63▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.26 in 2024; short-term debt: 11.9% and cash: 0.3% of total assets), and 62.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
37.6%
Return on assets
15.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
7 d early
2023
54 d early
2022
32 d early
2021
61 d early
2020
36 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€374k▲ 10.1%
2024 · €340k
2018: €18k
2019: €35k
2020: €116k
2021: €231k
2022: €249k
2023: €289k
2024: €340k
2018 → 2025
Total assets
€996k▲ 0.4%
2024 · €992k
2018: €309k
2019: €809k
2020: €820k
2021: €855k
2022: €811k
2023: €998k
2024: €992k
2018 → 2025
Net result
€156k▲ 149%
2024 · €63k
2018: €2k
2019: €10k
2020: €81k
2021: €123k
2022: €88k
2023: €40k
2024: €63k
2018 → 2025
Working capital
€15k▼ 35.7%
2024 · €24k
2018: €51k
2019: €-110k
2020: €-64k
2021: €17k
2022: €5k
2023: €18k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€231k-€249k▲ 7.9%€289k▲ 15.9%€340k▲ 17.7%€374k▲ 10.1%
Operating result€149k-€114k▼ 23.8%€78k▼ 31.4%€118k▲ 51.8%€225k▲ 90.2%
Net result€123k-€88k▼ 27.9%€40k▼ 55.2%€63k▲ 58.1%€156k▲ 149%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 90% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €996k
Fixed assets
€862k▼ 1.9%
Current assets
€133k▲ 17.9%
Equity and liabilities €996k
Equity
€374k▲ 10.1%
Debt
€622k▼ 4.7%
The debt ratio falls from 65.7% to 62.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€253k▲
2024 · €147k
Cash flow
€184k▲
2024 · €91k
Solvency
37.6%▲
2024 · 34.3%
Current ratio
1.13▼
2024 · 1.26
Quick ratio
1.13▼
2024 · 1.26
Debt / equity
1.66▼
2024 · 1.92
ROE
41.7%▲
2024 · 18.4%
ROA
15.7%▲
2024 · 6.3%
Interest coverage
10.76▲
2024 · 4.17
Debt
€622k▼
2024 · €652k
Debt ≤ 1 year
€118k▲
2024 · €90k
Debt > 1 year
€502k▼
2024 · €562k
Income taxes
€46k▲
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€992k€996k▲
Fixed assets21/28€879k€862k▼
Tangible fixed assets22/27€879k€862k▼
Land and buildings22€879k€862k▼
Current assets29/58€113k€133k▲
Amounts receivable within one year40/41€107k€129k▲
Other amounts receivable41€107k€129k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€992k€996k▲
Equity10/15€340k€374k▲
Contributions10/11€19k€19k=
Reserves13€321k€356k▲
Tax-exempt reserves132€15k€15k=
Distributable reserves133€306k€340k▲
Amounts payable17/49€652k€622k▼
Amounts payable after more than one year17€562k€502k▼
Financial debts170/4€562k€502k▼
Amounts payable within one year42/48€90k€118k▲
Current portion of amounts payable after more than one year42€85k€95k▲
Trade debts44€737€31▼
Suppliers440/4€737€31▼
Taxes, remuneration and social security45€4k€13k▲
Taxes450/3€4k€13k▲
Other amounts payable47/48-€10k
Accrued charges and deferred income492/3€770€770=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€28k▼
Other operating charges640/8€5k€3k▼
Gross operating margin9900€152k€256k▲
Operating profit (loss)9901€118k€225k▲
Financial income75/76B€463-
Recurring financial income75€463-
Financial charges65/66B€35k€24k▼
Recurring financial charges65€35k€24k▼
Profit (loss) for the period before taxes9903€84k€202k▲
Income taxes67/77€21k€46k▲
Profit (loss) for the period9904€63k€156k▲
Profit (loss) for the period to be appropriated9905€63k€156k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€156k▲
Transfer from equity791/2-€118k
Transfer to equity691/2€51k€152k▲
To other reserves6921€51k€152k▲
Profit to be distributed694/7€11k€122k▲
Return on contributions (dividend)694€11k€118k▲
Directors or managers695-€4k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €156k ▲149%
Operating result €225k, net result €156k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.15
Current ratio from 0.56 to 1.15; short-term debt falls from €144k to €117k.
31-12
Financial
Equity above €200kEq €231k ▲99.9%
4 profitable years in a row build equity to €231k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €116k ▲234%
3 profitable years in a row build equity to €116k.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nieuwpoort · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ambachtstraat 108620 NieuwpoortGround area
2,467 m²
Building footprint
882 m²
Volume, LiDAR
10 m³
Parcel 38021B0353/00P000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
DENVEST
since 20152.242.499.745
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38021B0353/00P000 | Flanders | 2,467 m² | 1 · 882 m² | 0.2 m |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
IMMO LECLERCQ
BE 0880.145.237
Tournai · Eq €374k
MORTIER CONSULT
BE 0811.145.078
Kortrijk · Eq €375k
AL 33
BE 0639.915.730
Antwerpen · Eq €373k
Gryson Construct
BE 0828.624.181
Torhout · Eq €373k
ACCENT OFFICES
BE 0806.179.371
Roeselare · Eq €375k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,801 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2015
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.