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DR ERWIN DENIES

Active
Private limited companyfounded 2023active for 2 yearsJ. B. Blommaertstraat 8, 1560 Hoeilaart, BelgiumKBO/BCE: BE 1003.138.564
Summary

DR ERWIN DENIES has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €506,142 and a net result of €248,532. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
“Het ter beschikking stellen van alle nodige middelen aan de arts/artsen die tot de…” (deed in Dutch)
From the articles, 10 activitiesNo NACE code in the KBO yet1 site
Size
€588,254total assets 2025
Equity
€506,142
Profit
€248,532
Turnover not published (micro format)
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 32 days early
Why 98raises riskFounded in 2023lowers riskSize: total assets €588,254Liquidity: current ratio 7.16, cash €557,524No main activity registeredShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 88% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 86.0% of total assets
Liquidity 98-2
short-term debt 14.0% · cash 94.8%
Profitability 100=
return on assets 42.2%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2025: 2.4% 02-2025: 2.5%▲ +0.1 percentage points vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 3.1%▲ +0.6 percentage points vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.4%▲ +0.3 percentage points vs 05-2025 07-2025: 3.6%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -3.5 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026lowest value
Credit of up to €45,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 7.16, compared with 23.46 in 2024, above the usual 1.5; short-term debt: 14% and cash: 94.8% of total assets), and 14% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 88% on liquidity, 90% on profitability and 92% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €588,254
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 7.16, cash €557,524
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · No main activity registered
KBO
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 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
32 days early
2024
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: Ilse NEDERGEDAELT (mede bestuurder)Gazette deed
  3. Equity above €500,000equity €506,142 ▲96.5%

Financials · financial year 2025, micro format

Equity
€506,142▲ 96.5%
2024 · €257,610
Total assets
€588,254▲ 119%
2024 · €269,082
Net result
€248,532▼ 2.4%
2024 · €254,610
Working capital
€506,142▲ 96.5%
2024 · €257,610
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 2% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€326,421 2025 Net result€248,532 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€333,537-€326,421▼ 2.1%
Net result€254,610-€248,532▼ 2.4%
Equity€257,610-€506,142▲ 96.5%
Total assets€269,082-€588,254▲ 119%
Debt€11,471-€82,112▲ 616%
Working capital€257,610-€506,142▲ 96.5%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €588,254
Equity €506,142 ▲ 96.5%
Debt €82,112 ▲ 616%
Debt's share of the balance-sheet total rises from 4.3% to 14.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
7.16▼
2024 · 23.46
Debt to equity
0.16▲
2024 · 0.04
ROE
49.1%▼
2024 · 98.8%
ROA
42.2%▼
2024 · 94.6%
Debt ≤ 1 year
€82,112▲
2024 · €11,471
Income taxes
€77,092▼
2024 · €78,899
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97.2% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97.2% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€269,082€588,254▲
Current assets29/58€269,082€588,254▲
Amounts receivable within one year40/41€16,101€29,401▲
Other amounts receivable41€16,101€29,401▲
Cash at bank and in hand54/58€247,351€557,524▲
Deferred charges and accrued income490/1€5,630€1,329▼
Equity and liabilities
Total equity and liabilities10/49€269,082€588,254▲
Equity10/15€257,610€506,142▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€254,610€503,142▲
Amounts payable17/49€11,471€82,112▲
Amounts payable within one year42/48€11,471€82,112▲
Trade debts44€6,894€3,336▼
Suppliers440/4€6,894€3,336▼
Taxes, remuneration and social security45€720€78,776▲
Taxes450/3€720€77,092▲
Remuneration and social security454/9-€1,684
Other amounts payable47/48€3,858€0▼
Income statement Code20242025
Other operating charges640/8€1,052€673▼
Gross operating margin9900€334,589€327,094▼
Operating profit (loss)9901€333,537€326,421▼
Financial income75/76B€16€0▼
Recurring financial income75€16€0▼
Financial charges65/66B€44€797▲
Recurring financial charges65€44€797▲
Profit (loss) for the period before taxes9903€333,510€325,624▼
Income taxes67/77€78,899€77,092▼
Profit (loss) for the period9904€254,610€248,532▼
Profit (loss) for the period to be appropriated9905€254,610€248,532▼
Appropriation of the result
Profit (loss) to be appropriated9906€254,610€503,142▲
Profit (loss) brought forward from the previous period14P-€254,610

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€1,052€673▼ 36.0%
Gross operating margin9900€334,589€327,094▼ 2.2%
Operating profit (loss)9901€333,537€326,421▼ 2.1%
Financial income75/76B€16€0▼ 100%
Recurring financial income75€16€0▼ 100%
Financial charges65/66B€44€797▲ 1,733%
Recurring financial charges65€44€797▲ 1,733%
Profit (loss) for the period before taxes9903€333,510€325,624▼ 2.4%
Income taxes67/77€78,899€77,092▼ 2.3%
Profit (loss) for the period9904€254,610€248,532▼ 2.4%
Profit (loss) for the period to be appropriated9905€254,610€248,532▼ 2.4%
Line20242025Change
Assets
Total assets20/58€269,082€588,254▲ 119%
Current assets29/58€269,082€588,254▲ 119%
Amounts receivable within one year40/41€16,101€29,401▲ 82.6%
Other amounts receivable41€16,101€29,401▲ 82.6%
Cash at bank and in hand54/58€247,351€557,524▲ 125%
Deferred charges and accrued income490/1€5,630€1,329▼ 76.4%
Equity and liabilities
Total equity and liabilities10/49€269,082€588,254▲ 119%
Equity10/15€257,610€506,142▲ 96.5%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€254,610€503,142▲ 97.6%
Amounts payable17/49€11,471€82,112▲ 616%
Amounts payable within one year42/48€11,471€82,112▲ 616%
Trade debts44€6,894€3,336▼ 51.6%
Suppliers440/4€6,894€3,336▼ 51.6%
Taxes, remuneration and social security45€720€78,776▲ 10,838%
Taxes450/3€720€77,092▲ 10,604%
Remuneration and social security454/9-€1,684-
Other amounts payable47/48€3,858€0▼ 100%
Line20242025Change
Profit (loss) for the period9904€254,610€248,532▼ 2.4%
Operating cash flow (approximation)€254,610€248,532▼ 2.4%
Change in cash-€310,173-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00214543
31-12-2024 micro format 23-07-2025 2025-00299128

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2025
DENIES Erwin Hendrik
Director · since 11-12-2023
Current
Ilse NEDERGEDAELT
Mede bestuurder · since 27-11-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DENIES Erwin Hendrik
  • Director, from 11-12-2023 to date
Ilse NEDERGEDAELT
  • Mede bestuurder, from 27-11-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 11-12-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 11-12-2023 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

DR ERWIN DENIES was incorporated on 7 December 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 The board currently has 2 members; DENIES Erwin Hendrik has served longest, since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-12-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
28-01
Gazette deed Appointment: Ilse NEDERGEDAELT (mede bestuurder)
5 facts ▸
  • General meeting, 17-12-2025
  • Director appointment, Ilse NEDERGEDAELT (mede bestuurder)
  • Board composition, Erwin DENIES (director)
  • Board composition, Ilse NEDERGEDAELT (mede bestuurder)
  • Other provision, “aanvaarding mandaat” (deed in Dutch)
2025
31-12
Financial Equity above €500,000equity €506,142 ▲96.5%
A profit in every financial year since 2024 builds equity to €506,142.
23-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
11-12
Gazette deed Incorporation
Appointment: DENIES Erwin Hendrik (director) · Founder · Founding capital7 facts ▸
  • Incorporation, 06-12-2023
  • Founder, DENIES Erwin Hendrik
  • Founding capital, €3,000
  • Registered office clause, “1560 Hoeilaart,J.B.Blommaertstraat 8” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in naam en voor rekening voor oprichting” (deed in Dutch)
  • Director appointment, DENIES Erwin Hendrik (director)
  • Other provision, “afwezigheid beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded07-12-2023
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003138564
Also 9925:BE1003138564
Registered 28-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 23 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Hoeilaart · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
552 m²
Building footprint
146 m²
Building volume
686 m³
Parcel 23033B0507/00P006, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
1 establishment unit
J. B. Blommaertstraat 8, 1560 Hoeilaart
Specialist medical practice
since 2023unit no. 2.353.028.572
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23033B0507/00P006 Flanders 552 m² 1 · 146 m² 9.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het ter beschikking stellen van alle nodige middelen aan de arts/artsen die tot de vennootschap zijn toegetreden: het inrichten van de…” (deed in Dutch)
10 activities (deed in Dutch)
  1. Het ter beschikking stellen van alle nodige middelen aan de arts/artsen die tot de vennootschap zijn toegetreden: het inrichten van de praktijk voor de geneeskunde; de uitvoering van technische, medische, radiografische en laboratoriumprestaties (facultatief gezien niet steeds van toepassing), het inrichten van algemene diensten en een medisch secretariaat in het bijzonder, die nuttig of nodig zijn voor de uitoefening van voornoemde activiteiten, het aanleggen van reserves ten einde alle nodige apparaten en gebouwen aan te schaffen, nodig of nuttig om voormeld voorwerp te bereiken;
  2. De mogelijkheid scheppen om de arts-aandeelhouder(s) toe te laten zich verder te bekwamen ten einde in hun discipline aan de spits van de evolutie te blijven.
  3. 1. het verstrekken van medische adviezen en raadgevingen.
  4. 2. het inrichten van algemene diensten en het ter beschikking stellen van de ruimten, die nuttig of nodig zijn voor de uitoefening van voornoemde activiteiten, met inbegrip van een medisch secretariaat.
  5. 3. de aankoop, het huren en het ter beschikking stellen van alle medische apparatuur, machines en bibliotheek, die nuttig of nodig zijn voor de uitoefening van voornoemde activiteiten.
  6. 4. het bevorderen van de medische studie en de mogelijkheden scheppen om de arts-aandeelhouder toe te laten zich verder te bekwamen teneinde in zijn discipline bij te blijven.
  7. 5. het aanleggen van reserves om daarmee alle materiële infrastructuur (apparaten en gebouwen) aan te schaffen, die nodig of nuttig zijn om de geneeskunde uit te oefenen.
  8. 6. de vennootschap kan, met het oog op een professionele samenwerking, overeenkomsten afsluiten met artsen of (kosten)associaties, professionele (eenpersoons)vennootschappen, middelenvennootschappen en verenigingen zonder winstoogmerk.
  9. 7. de vennootschap kan aandeelhouder zijn van een (kosten)associatie of middelenvennootschap van artsen en kan lid zijn van een vereniging zonder winstoogmerk van artsen.
  10. De vennootschap kan eveneens optreden als bestuurder, zaakvoerder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen, mits naleving van artikel 2:55 van het Wetboek van vennootschappen en verenigingen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
DR ERWIN DENIES
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 11-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Indien de vennootschap door meer dan één bestuurders wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
Board ruleHow the board is made up, meets and takes decisions.
“Een of meer, Benoeming-Ontslag” (deed in Dutch)
“Bestuur-bevoegdheden, alle handelingen nodig of dienstig tot verwezenlijking voorwerp” (deed in Dutch)
“1” (deed in Dutch)
1 more provision on this in the deed

deed of 11-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, 100” (deed in Dutch)

deed of 11-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 18:00

deed of 11-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Ontbinding, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurders in functie van rechtswege vereffenaars jegens derden, ontbinding en vereffening in één akte” (deed in Dutch)
1 more provision on this in the deed

deed of 11-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Rechten en verplichtingen - Vermogen, gelijk aandeel in winst” (deed in Dutch)
Other provision: “Vertegenwoordiging aandeelhouders, onverminderd wettelijke en wederzijdse vertegenwoordiging gehuwden” (deed in Dutch)
Other provision: “Stemrecht, 1” (deed in Dutch)
Other provision: “Besluitvorming gewone en bijzondere vergadering, ongeacht aantal vertegenwoordigde aandelen” (deed in Dutch)
Other provision: “Buitengewone vergadering-Statutenwijziging, drie/vierde uitgebrachte stemmen” (deed in Dutch)
Other provision: “Alle besluiten algemene vergadering, Schriftelijke besluitvorming” (deed in Dutch)
6 more provisions in the deed, see the deed of 11-12-2023

deed of 11-12-2023