DENYS
ActiveDENYS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €572k and a net result of €11k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
18
/ 100
Critical▼ -25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-48
Solvency17=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 0.95 in 2024), and 89.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
10.6%
Return on assets
0.2%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 10206 sector peers (2025).
NBB · sector comparisonPosition among 10206 sector peers
Solvency
better than 20%
← weakest
strongest →
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
31 d early
2023
33 d early
2022
54 d early
2021
52 d early
2020
60 d early
2019
30 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€572k▲ 2.0%
2024 · €561k
2018: €272k
2019: €310k
2020: €358k
2021: €488k
2022: €478k
2023: €496k
2024: €561k
2018 → 2025
Total assets
€5.39M▼ 1.0%
2024 · €5.44M
2018: €3.68M
2019: €3.48M
2020: €3.64M
2021: €2.30M
2022: €3.37M
2023: €3.63M
2024: €5.44M
2018 → 2025
Net result
€11k▼ 83.0%
2024 · €66k
2018: €67k
2019: €37k
2020: €48k
2021: €130k
2022: €40k
2023: €18k
2024: €66k
2018 → 2025
Working capital
€-191k▲ 13.1%
2024 · €-219k
2018: €120k
2019: €129k
2020: €113k
2021: €29k
2022: €-22k
2023: €-64k
2024: €-219k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€488k-€478k▼ 2.1%€496k▲ 3.7%€561k▲ 13.2%€572k▲ 2.0%
Operating result€263k-€130k▼ 50.4%€188k▲ 44.4%€374k▲ 98.8%€222k▼ 40.7%
Net result€130k-€40k▼ 69.4%€18k▼ 55.6%€66k▲ 271%€11k▼ 83.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.39M
Fixed assets
€1.16M▼ 3.5%
Current assets
€4.22M▼ 0.3%
Equity and liabilities €5.39M
Equity
€572k▲ 2.0%
Debt
€4.81M▼ 1.3%
The debt ratio falls from 89.7% to 89.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€284k
Cash flow
€73k
Solvency
10.6%▲
2024 · 10.3%
Current ratio
0.96▲
2024 · 0.95
Quick ratio
0.08▼
2024 · 0.11
Debt / equity
8.41▼
2024 · 8.69
ROE
1.9%▼
2024 · 11.7%
ROA
0.2%▼
2024 · 1.2%
Interest coverage
1.40
Debt
€4.81M▼
2024 · €4.88M
Debt ≤ 1 year
€4.41M▼
2024 · €4.45M
Debt > 1 year
€279k▼
2024 · €424k
Income taxes
€12k▼
2024 · €57k
Staff costs
€222k▲
2024 · €220k
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€5.44M€5.39M▼
Fixed assets21/28€1.20M€1.16M▼
Tangible fixed assets22/27€1.20M€1.16M▼
Land and buildings22€714k€712k▼
Plant, machinery and equipment23€71k€67k▼
Furniture and vehicles24€89k€87k▼
Leasing and similar rights25€331k€296k▼
Financial fixed assets28€280€280=
Current assets29/58€4.23M€4.22M▼
Stocks and contracts in progress3€3.75M€3.86M▲
Stocks30/36€3.75M€3.86M▲
Amounts receivable within one year40/41€62k€41k▼
Trade receivables40€62k€15k▼
Other amounts receivable41-€26k
Cash at bank and in hand54/58€301k€142k▼
Deferred charges and accrued income490/1€118k€184k▲
Equity and liabilities
Total equity and liabilities10/49€5.44M€5.39M▼
Equity10/15€561k€572k▲
Contributions10/11€19k€19k=
Reserves13€543k€554k▲
Distributable reserves133€543k€554k▲
Amounts payable17/49€4.88M€4.81M▼
Amounts payable after more than one year17€424k€279k▼
Financial debts170/4€347k€273k▼
Other amounts payable178/9€77k€7k▼
Amounts payable within one year42/48€4.45M€4.41M▼
Current portion of amounts payable after more than one year42€89k€92k▲
Financial debts43€1.00M€1.10M▲
Credit institutions430/8€1.00M€1.10M▲
Trade debts44€3.33M€3.12M▼
Suppliers440/4€3.33M€3.12M▼
Taxes, remuneration and social security45€35k€102k▲
Taxes450/3€28k€94k▲
Remuneration and social security454/9€6k€8k▲
Accrued charges and deferred income492/3-€121k
Income statement
Code20242025
Remuneration, social security and pensions62€220k€222k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€62k
Other operating charges640/8€14k€39k▲
Gross operating margin9900€608k€544k▼
Operating profit (loss)9901€374k€222k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€254k€203k▼
Recurring financial charges65€254k€203k▼
Profit (loss) for the period before taxes9903€122k€23k▼
Income taxes67/77€57k€12k▼
Profit (loss) for the period9904€66k€11k▼
Profit (loss) for the period to be appropriated9905€66k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€11k▼
Transfer to equity691/2€66k€11k▼
To other reserves6921€66k€11k▼
Social balance
Average headcount (FTE)90873.73.8▲
The notes to these accounts (16 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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €11k ▼83%
Net result drops to €11k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €561k ▲13.2%
7 profitable years in a row build equity to €561k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €130k ▲172%
Net result €130k, the highest in the series.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-04
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
5 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, Tielt · 1 establishment unit since 2002
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.
Szamotulystraat 98700 TieltGround area
5,296 m²
Building footprint
1,254 m²
Parcel 37302E0611/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Motorhomes Denys
since 20022.099.366.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0611/00D000 | Flanders | 5,296 m² | 1 · 1,254 m² | - |
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
SB Worldwide Trade
BE 0443.582.582
Schilde · Eq €573k
B-SEVEN
BE 0886.594.153
Diest · Eq €574k
Etablissements Pierard frères
BE 0414.117.249
Ciney · Eq €571k
MdS Motor de Schaetzen
BE 0568.582.326
Hasselt · Eq €574k
AS AUTO
BE 0479.985.890
Lontzen · Eq €570k
Of 10,622 companies in sector 47811 we hold annual accounts for 5,194. 3,362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-1999
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
45194
46713Wholesale trade
50104
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.