DERENNE
ActiveSummary
DERENNE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12k and a net result of €46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency42▲+42
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.09 in 2024; short-term debt: 82.8% and cash: 6.3% of total assets), and 82.9% of the assets are financed with debt.
Credit check 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 · 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
17.1%
Return on assets
64.6%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
53 d late
2023
121 d late
2022
588 d late
2021
95 d late
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€12k
2024 · €-34k
2018: €-4k
2019: €-7k
2020: €-8k
2021: €2k
2022: €5k
2023: €13k
2024: €-34k
2018 → 2025
Total assets
€72k▲ 46.8%
2024 · €49k
2018: €83k
2019: €74k
2020: €68k
2021: €84k
2022: €100k
2023: €95k
2024: €49k
2018 → 2025
Net result
€46k
2024 · €-47k
2018: €-8k
2019: €-4k
2020: €-806
2021: €10k
2022: €3k
2023: €8k
2024: €-47k
2018 → 2025
Working capital
€-53k▲ 29.5%
2024 · €-76k
2018: €-48k
2019: €-46k
2020: €-39k
2021: €-23k
2022: €-53k
2023: €-33k
2024: €-76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€5k▲ 134%€13k▲ 179%€-34k€12k
Operating result€10k-€3k▼ 73.1%€8k▲ 204%€-13k€11k
Net result€10k-€3k▼ 73.7%€8k▲ 212%€-47k€46k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €13k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€66k ▲ 57.4%
Current assets
€6k ▼ 16.2%
Equity and liabilities €72k
Equity
€12k
Debt
€59k
Debt finances 82.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€23k▲
2024 · €-28
Cash flow
€58k▲
2024 · €-34k
Current ratio
0.10▲
2024 · 0.09
Debt to equity
4.84▲
2024 · -2.44
ROE
376.8%
ROA
64.6%▲
2024 · -96.0%
Interest coverage
88.81▲
2024 · -0.13
Debt ≤ 1 year
€59k▼
2024 · €83k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€72k▲
Fixed assets21/28€42k€66k▲
Tangible fixed assets22/27€42k€66k▲
Land and buildings22€26k€22k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€9k€7k▼
Other tangible fixed assets26€2k€33k▲
Current assets29/58€7k€6k▼
Amounts receivable within one year40/41€2k€890▼
Trade receivables40-€700
Other amounts receivable41€2k€190▼
Cash at bank and in hand54/58€5k€5k▲
Deferred charges and accrued income490/1€647€494▼
Equity and liabilities
Total equity and liabilities10/49€49k€72k▲
Equity10/15€-34k€12k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-54k€-8k▲
Amounts payable17/49€83k€59k▼
Amounts payable within one year42/48€83k€59k▼
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€1k€345▼
Taxes450/3€887€345▼
Remuneration and social security454/9€221-
Other amounts payable47/48€72k€51k▼
Accrued charges and deferred income492/3€79€67▼
Income statement
Code20242025
Remuneration, social security and pensions62€921-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€3k€892▼
Gross operating margin9900€4k€24k▲
Operating profit (loss)9901€-13k€11k▲
Financial income75/76B€907€35k▲
Recurring financial income75€907€76▼
Non-recurring financial income76B-€35k
Financial charges65/66B€35k€260▼
Recurring financial charges65€211€260▲
Non-recurring financial charges66B€35k-
Profit (loss) for the period before taxes9903€-47k€46k▲
Income taxes67/77€1-
Profit (loss) for the period9904€-47k€46k▲
Profit (loss) for the period to be appropriated9905€-47k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-8k▲
Profit (loss) brought forward from the previous period14P€-8k€-54k▼
The notes to these accounts (5 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €46k
Net result €46k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 588 days late
2024
31-12
Financial
Weakest financial yearnet €-47k ▼668%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tubize · 2 establishment units since 1996
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.
Rue de Virginal 521480 TubizeGround area
757 m²
Building footprint
160 m²
Volume, LiDAR
866 m³
2 parcels, Brussels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DERENNE SPRL
since 19962.074.590.567
DERENNE SPRL
since 19962.074.590.666
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0037/00P000 | Wallonia | 607 m² | 1 · 160 m² | 7.1 m · 2 fl. |
| 21362B0193/02C002 | Brussels | 149 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ELINE BORREY-DE CONINCK SPORTHORSES
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BE 0424.575.829
Puurs-Sint-Amands · Eq €12,089
DV & W
BE 0801.395.885
Zottegem · Eq €12,538
PVM HORSES
BE 0501.686.572
Beveren-Kruibeke-Zwijndrecht · Eq €12,622
HET BANES
BE 0792.452.485
Lummen · Eq €11,918
Of 1,957 companies in sector 01430 we hold annual accounts for 743. 363 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
01430Raising of horses and other equines
32500Manufacture of medical and dental instruments and supplies
93127Equestrian clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.