DENYS CARROTS
ActiveDENYS CARROTS has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.26M and a net result of €1.06M. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 93% of 1727 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 11.98 against 6.8 in 2024; short-term debt: 6.4% and cash: 60.9% of total assets), and 10% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
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
90%
Return on assets
18%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
35 d late
2022
31 d late
2021
31 d late
2020
20 d late
2019
38 d late
2018
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.26M▲ 25.1%
2024 · €4.21M
2018: €3.14M
2019: €3.62M
2020: €3.87M
2021: €2.80M
2022: €3.16M
2024: €4.21M
2018 → 2025
Total assets
€5.85M▲ 21.5%
2024 · €4.82M
2018: €3.55M
2019: €3.92M
2020: €4.13M
2021: €3.05M
2022: €3.53M
2024: €4.82M
2018 → 2025
Net result
€1.06M▼ 24.7%
2024 · €1.40M
2018: €449k
2019: €489k
2020: €247k
2021: €195k
2022: €380k
2024: €1.40M
2018 → 2025
Working capital
€4.08M▲ 37.8%
2024 · €2.96M
2018: €2.62M
2019: €2.92M
2020: €3.17M
2021: €2.12M
2022: €2.54M
2024: €2.96M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€3.87M-€2.80M▼ 27.6%€3.16M▲ 13.0%€4.21M▲ 33.0%€5.26M▲ 25.1%
Operating result€293k-€213k▼ 27.3%€525k▲ 147%€2.08M▲ 297%€1.40M▼ 32.6%
Net result€247k-€195k▼ 21.2%€380k▲ 95.6%€1.40M▲ 268%€1.06M▼ 24.7%
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 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.85M
Fixed assets
€1.40M▲ 4.2%
Current assets
€4.45M▲ 28.2%
Equity and liabilities €5.85M
Equity
€5.26M▲ 25.1%
Provisions
€792▼ 37.7%
Debt
€587k▼ 3.0%
The debt ratio falls from 12.6% to 10.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.71M▼
2024 · €2.32M
Cash flow
€1.36M▼
2024 · €1.64M
Solvency
90.0%▲
2024 · 87.4%
Current ratio
11.98▲
2024 · 6.80
Quick ratio
10.96▲
2024 · 6.56
Debt / equity
0.11▼
2024 · 0.14
ROE
20.1%▼
2024 · 33.3%
ROA
18.0%▼
2024 · 29.1%
Interest coverage
5531.36▲
2024 · 85.47
Debt
€587k▼
2024 · €606k
Debt ≤ 1 year
€372k▼
2024 · €511k
Income taxes
€348k▼
2024 · €656k
Staff costs
€5k▼
2024 · €23k
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€4.82M€5.85M▲
Fixed assets21/28€1.34M€1.40M▲
Tangible fixed assets22/27€1.34M€1.40M▲
Land and buildings22€295k€340k▲
Plant, machinery and equipment23€718k€656k▼
Furniture and vehicles24€330k€403k▲
Current assets29/58€3.47M€4.45M▲
Stocks and contracts in progress3€123k€380k▲
Stocks30/36€123k€380k▲
Amounts receivable within one year40/41€459k€447k▼
Trade receivables40€386k€417k▲
Other amounts receivable41€73k€30k▼
Cash at bank and in hand54/58€2.83M€3.56M▲
Deferred charges and accrued income490/1€62k€62k▲
Equity and liabilities
Total equity and liabilities10/49€4.82M€5.85M▲
Equity10/15€4.21M€5.26M▲
Contributions10/11€21k€21k=
Reserves13€3.41M€3.70M▲
Tax-exempt reserves132€420k€713k▲
Distributable reserves133€2.99M€2.99M=
Profit (loss) carried forward14€772k€1.54M▲
Investment grants15€7k€5k▼
Provisions and deferred taxes16€1k€792▼
Deferred taxes168€1k€792▼
Amounts payable17/49€606k€587k▼
Amounts payable within one year42/48€511k€372k▼
Trade debts44€244k€120k▼
Suppliers440/4€244k€120k▼
Taxes, remuneration and social security45€179k€163k▼
Taxes450/3€172k€154k▼
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€88k€89k▲
Accrued charges and deferred income492/3€95k€216k▲
Income statement
Code20242025
Remuneration, social security and pensions62€23k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€237k€302k▲
Other operating charges640/8€20k€21k▲
Gross operating margin9900€2.36M€1.73M▼
Operating profit (loss)9901€2.08M€1.40M▼
Financial charges65/66B€27k€309▼
Recurring financial charges65€27k€309▼
Profit (loss) for the period before taxes9903€2.06M€1.40M▼
Transfer from deferred taxes780€600€0▼
Income taxes67/77€656k€348k▼
Profit (loss) for the period9904€1.40M€1.06M▼
Transfer from tax-exempt reserves789€198k€2k▼
Transfer to tax-exempt reserves689€295k€295k=
Profit (loss) for the period to be appropriated9905€1.30M€763k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.08M€1.54M▼
Profit (loss) brought forward from the previous period14P€772k€772k=
Transfer from equity791/2€355k€0▼
Transfer to equity691/2€1.30M€0▼
To other reserves6921€1.30M€0▼
Profit to be distributed694/7€355k€0▼
Directors or managers695€355k€0▼
Social balance
Average headcount (FTE)90870.30.3=
The notes to these accounts (8 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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
31-03
Financial
Equity above €5MEq €5.26M ▲25.1%
7 profitable years in a row build equity to €5.26M.
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 35 days late
31-03
Financial
Highest result since 2018net €1.40M ▲268%
Operating result €2.08M, net result €1.40M, both a record.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €195k ▼21.2%
Net result drops to €195k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
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 1993
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.
Grote Roeselarestraat 128760 TieltGround area
1.2 ha
Building footprint
4,922 m²
Volume, LiDAR
41,936 m³
Parcel 37007F0164/00W000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DENYS CARROTS
since 19932.060.474.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37007F0164/00W000 | Flanders | 1.2 ha | 1 · 4,922 m² | 10.2 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.060.474.592
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Of 3,625 companies in sector 01130 we hold annual accounts for 789. 380 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-1993
Fiscal year end31-03
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.