Summary
DNN is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €2.9m and a net result of €614,010. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 69% of 321 sector peers (NACE 64, financial year 2026). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-06-2003 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.133.069.590 8780 Oostrozebeke, since 01-09-2003
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Nico DEVAEREDirector
- Holdings
- Shares in 2 companies ALJONO and WOONINRICHTING DEVAERE
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 31-03-2026
- Profit
- €614,010
- ▼ 2.9%
- Equity
- €2.9m
- ▼ 4.4%
- Total assets
- €3.7m
- ▲ 12.0%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-09-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
36 days early
2025
44 days early
2024
42 days early
2023
39 days early
2022
33 days early
2021
18 days early
2020
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 22 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
Financials
Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 25-09-2026 at the NBB all 22 filings
Equity
€2.9m▼ 4.4%
2025 · €3.0m
Net result
€614,010▼ 2.9%
2025 · €632,196
Total assets
€3.7m▲ 12.0%
2025 · €3.3m
Solvency
78.0%▼ 13.4pp
2025 · 91.4%
In the rankings
#6 company by equity in Oostrozebeke, Finance and insurance sector#7 oldest company in Oostrozebeke, Finance and insurance sector#8 company by total assets in Oostrozebeke, Finance and insurance sector
Multi-year overview
2019 to 2026, 8 financial yearsOperating result
€121,470
=
2026
20192026
Net result
€614,010
▼ 2.9%
2026
20192026
Equity
€2.9m
▼ 4.4%
2026
20192026
Total assets
€3.7m
▲ 12.0%
2026
20192026
Debt
€807,903
▲ 186%
2026
20192026
Working capital
€2.4m
▼ 5.2%
2026
20192026
Solvency
78.0%
▼ 13.4pp
2026
20192026
Current ratio
3.95
▼ 5.96
2026
20192026
Return on assets (ROA)
16.7%
▼ 2.6pp
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.08m-€0.08m▲ 5.7%€0.08m▲ 0.9%€0.08m▲ 0.2%€0.03m▼ 59.8%€0.1m▲ 189%€0.1m▲ 27.6%€0.1m=
Net result€0.06m-€0.4m▲ 620%€0.3mabove the sector's middle half▼ 20.8%€0.4mabove the sector's middle half▲ 14.2%€0.3mabove the sector's middle half▼ 9.5%€0.5mabove the sector's middle half▲ 58.4%€0.6mabove the sector's middle half▲ 15.0%€0.6m▼ 2.9%
Equity€0.6m-€1.0m▲ 65.4%€1.4mwithin the sector's middle half▲ 31.0%€1.7mwithin the sector's middle half▲ 27.2%€2.1mwithin the sector's middle half▲ 19.3%€2.4mabove the sector's middle half▲ 15.6%€3.0mabove the sector's middle half▲ 25.9%€2.9m▼ 4.4%
Total assets€0.7m-€1.1m▲ 66.6%€1.4mwithin the sector's middle half▲ 29.5%€1.8mwithin the sector's middle half▲ 26.4%€2.1mwithin the sector's middle half▲ 17.6%€2.7mwithin the sector's middle half▲ 26.6%€3.3mwithin the sector's middle half▲ 23.4%€3.7m▲ 12.0%
Debt€0.03m-€0.05m▲ 94.5%€0.06m▲ 1.7%€0.06m▲ 7.1%€0.04m▼ 31.3%€0.3m▲ 578%€0.3m▲ 1.2%€0.8m▲ 186%
Working capital€0.1m-€0.6m▲ 278%€0.9mabove the sector's middle half▲ 56.7%€1.2mabove the sector's middle half▲ 42.3%€1.6mabove the sector's middle half▲ 26.8%€1.9mabove the sector's middle half▲ 20.4%€2.5mabove the sector's middle half▲ 32.6%€2.4m▼ 5.2%
Solvency95.7%-95.0%▼ 0.7pp96.0%above the sector's middle half▲ 1.1pp96.6%above the sector's middle half▲ 0.6pp98.0%above the sector's middle half▲ 1.4pp89.5%above the sector's middle half▼ 8.5pp91.4%above the sector's middle half▲ 1.9pp78.0%▼ 13.4pp
Current ratio6.21-11.14▲ 4.9316.62above the sector's middle half▲ 5.4821.74above the sector's middle half▲ 5.1239.27above the sector's middle half▲ 17.527.80above the sector's middle half▼ 31.479.90above the sector's middle half▲ 2.113.95▼ 5.96
Return on assets (ROA)9.0%-38.9%▲ 29.9pp23.8%above the sector's middle half▼ 15.1pp21.5%above the sector's middle half▼ 2.3pp16.5%above the sector's middle half▼ 5.0pp20.7%above the sector's middle half▲ 4.1pp19.3%above the sector's middle half▼ 1.4pp16.7%▼ 2.6pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is 0% lower than in 2025.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €3.7m
Fixed assets
€484,656 =
Current assets
€3.2m ▲ 14.1%
Equity and liabilities €3.7m
Equity
€2.9m ▼ 4.4%
Debt
€807,903 ▲ 186%
Debt's share of the balance-sheet total rises from 8.6% to 22.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
21.4%▲
2025 · 21.1%
Debt ≤ 1 year
€807,903▲
2025 · €282,016
Income taxes
€95,092▼
2025 · €99,001
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €584 | €1,105 | €1,200 | €1,094 | €1,376 | ▲ 25.9% |
| Gross operating margin9900 | €76,957 | €81,328 | €82,698 | €82,356 | €34,011 | €96,461 | €122,610 | €122,846 | ▲ 0.2% |
| Operating profit (loss)9901 | €76,504 | €80,873 | €81,596 | €81,772 | €32,906 | €95,260 | €121,517 | €121,470 | = |
| Financial income75/76B | - | - | - | €354,424 | €352,819 | €532,372 | €609,761 | €587,714 | ▼ 3.6% |
| Recurring financial income75 | €93 | €398,460 | €300,006 | €354,424 | €352,819 | €532,372 | €609,761 | €587,714 | ▼ 3.6% |
| Financial charges65/66B | - | - | - | €240 | €219 | €105 | €81 | €81 | = |
| Recurring financial charges65 | €81 | €87 | €42 | €240 | €219 | €105 | €81 | €81 | = |
| Profit (loss) for the period before taxes9903 | €76,517 | €479,247 | €381,559 | €435,956 | €385,506 | €627,527 | €731,197 | €709,102 | ▼ 3.0% |
| Income taxes67/77 | €17,546 | €54,829 | €45,468 | €52,169 | €38,303 | €77,665 | €99,001 | €95,092 | ▼ 3.9% |
| Profit (loss) for the period9904 | €58,971 | €424,418 | €336,091 | €383,788 | €347,202 | €549,862 | €632,196 | €614,010 | ▼ 2.9% |
| Profit (loss) for the period to be appropriated9905 | €58,971 | €424,418 | €336,091 | €383,788 | €347,202 | €549,862 | €632,196 | €614,010 | ▼ 2.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.7m | €1.1m | €1.4m | €1.8m | €2.1m | €2.7m | €3.3m | €3.7m | ▲ 12.0% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Financial fixed assets28 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Current assets29/58 | €0.2m | €0.6m | €0.9m | €1.3m | €1.6m | €2.2m | €2.8m | €3.2m | ▲ 14.1% |
| Amounts receivable within one year40/41 | €0.03m | €7 | €56 | €0.2m | €0.006m | €5 | €0.002m | €104 | ▼ 95.2% |
| Trade receivables40 | - | - | - | - | - | - | €0.002m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.006m | €5 | €6 | €104 | ▲ 16× |
| Current investments50/53 | - | - | - | - | - | €1.8m | €1.8m | €1.8m | = |
| Cash at bank and in hand54/58 | €0.1m | €0.6m | €0.9m | €1.1m | €1.6m | €0.4m | €1.0m | €1.4m | ▲ 40.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.003m | €0.002m | €0.003m | ▲ 56.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.7m | €1.1m | €1.4m | €1.8m | €2.1m | €2.7m | €3.3m | €3.7m | ▲ 12.0% |
| Equity10/15 | €0.6m | €1.0m | €1.4m | €1.7m | €2.1m | €2.4m | €3.0m | €2.9m | ▼ 4.4% |
| Contributions10/11 | €0.06m | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.2m | €0.6m | €1.0m | €1.3m | €1.7m | €2.3m | €2.9m | €2.8m | ▼ 4.5% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €1.3m | €1.6m | €2.3m | €2.9m | €2.8m | ▼ 4.5% |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0 | €0 | €0 | - |
| Amounts payable17/49 | €0.03m | €0.05m | €0.06m | €0.06m | €0.04m | €0.3m | €0.3m | €0.8m | ▲ 186% |
| Amounts payable within one year42/48 | €0.03m | €0.05m | €0.06m | €0.06m | €0.04m | €0.3m | €0.3m | €0.8m | ▲ 186% |
| Trade debts44 | €213 | €21 | €22 | €24 | €27 | €28 | €29 | €30 | ▲ 3.5% |
| Suppliers440/4 | - | - | - | €24 | €27 | €28 | €29 | €30 | ▲ 3.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.02m | €0.05m | €0.06m | €0.06m | ▼ 1.1% |
| Taxes450/3 | - | - | - | €0.04m | €0.02m | €0.05m | €0.06m | €0.06m | ▼ 1.1% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.02m | €0.2m | €0.2m | €0.7m | ▲ 241% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | €0.4m | €0.3m | €0.4m | €0.3m | €0.5m | €0.6m | €0.6m | ▼ 2.9% |
| Operating cash flow (approximation) | €0.06m | €0.4m | €0.3m | €0.4m | €0.3m | €0.5m | €0.6m | €0.6m | ▼ 2.9% |
| Investment in fixed assets (approximation) | - | €0 | -€0.005m | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0.5m | €0.3m | €0.2m | €0.5m | -€1.2m | €0.6m | €0.4m | ▼ 36.2% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 25-09-2026 | 2026-00523360 | |
| 31-03-2025 | abbreviated format | 17-09-2025 | 2025-00493778 | |
| 31-03-2024 | abbreviated format | 19-09-2024 | 2024-00465001 | |
| 31-03-2023 | abbreviated format | 22-09-2023 | 2023-00451442 | |
| 31-03-2022 | abbreviated format | 28-09-2022 | 2022-20438664 | |
| 31-03-2021 | abbreviated format | 13-10-2021 | 2021-71800372 | |
| 31-03-2020 | abbreviated format | 18-09-2020 | 2020-53900402 | |
| 31-03-2019 | abbreviated format | 26-09-2019 | 2019-66000277 | |
| 31-03-2018 | abbreviated format | 13-09-2018 | 2018-62900564 | |
| 31-03-2017 | abbreviated format | 20-09-2017 | 2017-61700021 |
Board & ownership
Directors
Directors
1 director, last change in 2023
Nico DEVAERE
Current
Statutory director · appointed in the act of 19-12-2023 · earlier statutory manager, until 19-12-2023 · term without a fixed end · listed in the 2026 annual accounts, filed on 25-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
deed of 19-12-2023
Each director alone
“ARTIKEL 14. VERTEGENWOORDIGINGSBEVOEGDHEID Iedere bestuurder, afzonderlijk optredend, is bevoegd om de vennootschap te vertegenwoordigen in…”
Full text
ARTIKEL 14. VERTEGENWOORDIGINGSBEVOEGDHEID Iedere bestuurder, afzonderlijk optredend, is bevoegd om de vennootschap te vertegenwoordigen in en buiten rechte. De natuurlijke personen die de vennootschap bij handelingen, en dit zowel in als buiten rechte, ten aanzien van derden vertegenwoordigen, dienen bij ondertekening van de betrokken handelingen de naam en hoedanigheid te vermelden krachtens dewelke zij optreden.
Owners and capital
Capital transactions
Capital over time
- 19-12-2023 Converted to unavailable equity · €62,500
- 19-12-2023 Converted to unavailable equity · €18,310
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Nico DEVAERE |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Door algemene vergadering voor bepaalde of onbepaalde termijn, algemene vergadering kan datum einde of vertrekvergoeding bepalen in…”“Algemene vergadering kan bij gewone meerderheid van stemmen aan bepaalde bestuurders bezoldiging toekennen, in principe onbezoldigd”
Articles of association, deed of 19-12-2023 (in Dutch)
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 31-03-2026
- ALJONOsubsidiaryEquity €328,555 Profit of €18,563 in 2025 (profit of €15,310 in 2024) Checked score 97100%
- WOONINRICHTING DEVAEREsubsidiaryEquity €1.3m Profit of €798,689 in 2025 (profit of €781,507 in 2024) Checked score 98100%
Board mandates elsewhere
1 board mandateBoard mandates of DNNDNN sits on their board1
1 location
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2027 accounts:
2026
25-09
abbreviated format · 36 days before the deadline
2025
17-09
abbreviated format · 44 days before the deadline
31-03
Financial
Highest result from 2019 to 2026net €632,196 ▲15%
The operating result of €121,517 and the net result of €632,196 are both a record.
2024
19-09
abbreviated format · 42 days before the deadline
2023
19-12
Gazette deed
Change of role: Nico DEVAERE, from statutory manager to statutory directorPurpose change · Legal-form conversion · Capital conversion14 points ▸
Gazette deed
Change of role: Nico DEVAERE, from statutory manager to statutory director
Purpose change · Legal-form conversion · Capital conversion14 points ▸
- General meeting, 07-12-2023
- Purpose change
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening Onbeschikbare inbreng buiten kapitaal Andere” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening Statutair onbeschikbare reserves” (deed in Dutch)
- Other provision, “omzetting statutair onbeschikbare eigen vermogensrekeningen naar beschikbare, geen statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Transfer restriction, “overdracht van aandelen onder de levenden en ingevolge overlijden, wijziging en herformulering” (deed in Dutch)
- Director resignation, Nico DEVAERE (statutory manager)
- Director appointment, Nico DEVAERE (statutory director)
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Board composition, Nico DEVAERE (enige statutaire bestuurder)
- The act holds 2 more points.
22-09
abbreviated format · 39 days before the deadline
31-03
Financial
Equity above €2mequity €2.1m ▲19.3%
With a profit in every financial year since 2019, equity grows to €2.1m.
2022
28-09
abbreviated format · 33 days before the deadline
2021
13-10
abbreviated format · 18 days before the deadline
2020
18-09
abbreviated format · 43 days before the deadline
31-03
Financial
Equity above €1mequity €1.0m ▲65.4%
With a profit in every financial year since 2019, equity grows to €1.0m.
2019
26-09
abbreviated format · 35 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DNN in Dutch
Enterprise number
0860.690.601
Legal form
Private limited company
Status
Active, normale toestand
Founded
24-06-2003
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-12-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bestuursorgaan bevoegd zetel binnen België te verplaatsen tenzij verplaatsing taalwijziging statuten vereist;geen…”
deed of 19-12-2023 (in Dutch)Registered office and establishments
Registered office
Gentstraat 45/47, 8780 Oostrozebeke, Belgium
Establishment unit
BVBA DNN, Gentstraat 45, 8780 Oostrozebeke since 01-09-2003 · unit number 2.133.069.5907010001 Activities of head offices
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
Invoicing and payment
VAT number
BE 0860.690.601
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of August at 17:00
deed of 19-12-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
391 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37010A0175/00P002 | Flanders | 391 m² | - | - |