DENYS
ActiveDENYS has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €729k and a net result of €-74k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 90% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-27
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 8.84 against 6.79 in 2024), and 16.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
83.1%
Return on assets
-8.4%
Age of the figures
8 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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
27 d late
2023
57 d late
2022
32 d early
2021
30 d late
2020
31 d early
2019
3 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.25M
EBIT margin
-1.6%
Net result
€-74k
2024 · €44k
2018: €63k
2019: €69k
2020: €-28k
2021: €6k
2022: €6k
2023: €-59k
2024: €44k
2018 → 2025
Working capital
€659k▼ 10.0%
2024 · €732k
2018: €438k
2019: €535k
2020: €521k
2021: €559k
2022: €732k
2023: €569k
2024: €732k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€811k-€818k▲ 0.8%€759k▼ 7.2%€803k▲ 5.7%€729k▼ 9.2%
Operating result€13k-€11k▼ 15.9%€-46k€57k€-63k
Net result€6k-€6k▲ 1.5%€-59k€44k€-74k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €63k after €57k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €877k
Fixed assets
€135k▼ 16.6%
Current assets
€743k▼ 13.5%
Equity and liabilities €877k
Equity
€729k▼ 9.2%
Debt
€148k▼ 31.6%
The debt ratio falls from 21.3% to 16.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-38k▼
2024 · €86k
Cash flow
€-48k▼
2024 · €73k
Solvency
83.1%▲
2024 · 78.7%
Current ratio
8.84▲
2024 · 6.79
Quick ratio
3.98▲
2024 · 3.25
Debt / equity
0.20▼
2024 · 0.27
ROE
-10.1%▼
2024 · 5.4%
ROA
-8.4%▼
2024 · 4.3%
Interest coverage
-5.16▼
2024 · 6.35
Debt
€148k▼
2024 · €217k
Debt ≤ 1 year
€84k▼
2024 · €126k
Debt > 1 year
€64k▼
2024 · €91k
Income taxes
€4k
Staff costs
€320k▼
2024 · €364k
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€1.02M€877k▼
Fixed assets21/28€161k€135k▼
Tangible fixed assets22/27€160k€135k▼
Land and buildings22€158k€134k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€652€0▼
Financial fixed assets28€1k€0▼
Current assets29/58€858k€743k▼
Stocks and contracts in progress3€447k€408k▼
Stocks30/36€447k€408k▼
Amounts receivable within one year40/41€397k€223k▼
Trade receivables40€354k€140k▼
Other amounts receivable41€43k€83k▲
Cash at bank and in hand54/58€11k€103k▲
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€877k▼
Equity10/15€803k€729k▼
Contributions10/11€383k€383k=
Capital10€383k-
Issued capital100€383k-
Reserves13€451k€346k▼
Non-distributable reserves130/1€24k€0▼
Legal reserve130€24k-
Reserves not available under the articles1311-€0
Tax-exempt reserves132€19k€0▼
Distributable reserves133€408k€346k▼
Profit (loss) carried forward14€-31k€0▲
Amounts payable17/49€217k€148k▼
Amounts payable after more than one year17€91k€64k▼
Financial debts170/4€91k€64k▼
Amounts payable within one year42/48€126k€84k▼
Current portion of amounts payable after more than one year42€26k€29k▲
Trade debts44€88k€48k▼
Suppliers440/4€88k€48k▼
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€165€0▼
Remuneration and social security454/9€13k€7k▼
Other amounts payable47/48€14€0▼
Accrued charges and deferred income492/3-€310
Income statement
Code20242025
Remuneration, social security and pensions62€364k€320k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€26k▼
Other operating charges640/8€7k€7k▼
Gross operating margin9900€457k€289k▼
Operating profit (loss)9901€57k€-63k▼
Financial income75/76B€1€1k▲
Recurring financial income75€1€1k▲
Financial charges65/66B€14k€7k▼
Recurring financial charges65€14k€7k▼
Profit (loss) for the period before taxes9903€44k€-70k▼
Income taxes67/77-€4k
Profit (loss) for the period9904€44k€-74k▼
Transfer from tax-exempt reserves789-€19k
Profit (loss) for the period to be appropriated9905€44k€-55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-86k▼
Profit (loss) brought forward from the previous period14P€-75k€-31k▲
Transfer from equity791/2-€86k
Social balance
Average headcount (FTE)90875.64.6▼
The notes to these accounts (20 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-74k ▼269%
Net result drops to €-74k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 9.27
Current ratio from 4.50 to 9.27; short-term debt falls from €149k to €68k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 3 days late
2019
31-12
Financial
Highest result since 2018net €69k ▲8.6%
Operating result €89k, net result €69k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
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, Ledegem · 1 establishment unit since 1986
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.
Gullegemsestraat 2398880 LedegemGround area
163 m²
Building footprint
80 m²
Volume, LiDAR
584 m³
Parcel 36018A0865/00K002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BVBA DENYS
since 19862.036.990.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018A0865/00K002 | Flanders | 163 m² | 1 · 80 m² | 10.1 m · 2 fl. |
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.
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 7,656 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-1986
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
45211
45421
43211General electrical installation work
45310
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.