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ETS FRANCIS DENIS

Active
Private limited companyfounded 1975active for 50 yearsRue Franklin Roosevelt 255, 4870 Trooz, BelgiumKBO/BCE: BE 0415.659.450
Summary

ETS FRANCIS DENIS has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,689 and a net result of €36,132. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 39% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-12-1975 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Joint committees
124 Paritair Comité voor het bouwbedrijf
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
Establishment unit
2.011.787.819 4870 Trooz, since 29-12-1975
Financial year end
31 December
Peppol
Reachable since 15-12-2025

Board and ownership

Board
Shareholders
  • ARTILIEGE· score 822023 annual accounts of ARTILIEGE

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€111,549
▲ 95.6%
Turnover
≈ €350,000
estimated
Profit
€36,132
Equity
€76,689
▲ 89.1%
Total assets
€206,503
▲ 2.1%
Employees on 31-12-2025
1
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.64, cash €13,794lowers riskFounded in 1975Figures for financial year 2025 (filed on 29-06-2026)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 62+17
equity 37.1% of total assets
Liquidity 30+8
short-term debt 55.4% · cash 6.7%
Profitability 91+84
return on assets 17.5%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 1.0%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.8 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.2 percentage points vs 03-2026 05-2026: 2.1%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.1%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.4 percentage points vs 07-2026 09-2026: 2.8%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -2.4 percentage points vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.64 (1.17 in 2024), above the usual 1.5. Short-term debt is 55.4% and cash 6.7% of total assets. However, 62.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 43, micro). It does better than 39% of them on solvency, 18% on liquidity, 76% on profitability and 90% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.64, cash €13,794
NBB · annual accounts
lowers risk · Founded in 1975
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €76,689
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 · 10 filings
Deviation from the deadline
2025
32 days early
2024
29 days late
2023
23 days late
2022
25 days late
2021
26 days late
2020
31 days late
2019
35 days late
← 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 20 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed 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. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €19,142 in 2024 €36,132 View
  • Positive: Oldest company in Trooz, Construction sectorin the Checked rankings No. 1 View

Recent changes

  1. · Gazette deed Registered office moved from Liege to TROOZ rue Franklin ROOSEVELTResignation: SA ARTILIEGE (administrateur gérant)
  2. · Gazette deed Appointment: Christian VANDERSANDEN (managing director)Permanent representatives: Christian VANDERSANDEN and Thierry PHILIPKIN
  3. · Gazette deed Resignation: SRL MAISON GADISSEUR (director)Permanent representatives: Christian VANDERSANDEN and Thierry PHILIPKIN
All 17 events

Comparable companies

These companies have the same main activity as ETS FRANCIS DENIS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €199,000 and €282,000, founded between 1975 and 1982.

CompanyTotal assetsGross margin
ETS FRANCIS DENIS Trooz€206,503€111,549
WILLEMS RUDI Wemmel€207,046€97,705
Therm - Calor Anderlecht€238,498€108,563
Etablissements DESSART - FONZE Awans€265,819€117,582
TECHNIBART Zemst€199,404€80,885
VAN DEN BORNE FRANS Turnhout€272,907€93,964
KEPPENS EN ZOON Sint-Niklaas€281,903€95,384
Full comparison

Key facts about ETS FRANCIS DENIS

What is the company number of ETS FRANCIS DENIS?
The company number of ETS FRANCIS DENIS is 0415.659.450. The VAT number is the same number with BE in front: BE 0415.659.450.
Where is ETS FRANCIS DENIS based?
The registered office is at Rue Franklin Roosevelt 255, 4870 Trooz.Company details
What does ETS FRANCIS DENIS do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of ETS FRANCIS DENIS?
The legal form of ETS FRANCIS DENIS is Private limited company (BV).
When was ETS FRANCIS DENIS founded?
ETS FRANCIS DENIS was founded on 29-12-1975.
Is ETS FRANCIS DENIS still active?
Yes, ETS FRANCIS DENIS is an active enterprise in the KBO register.
How many employees does ETS FRANCIS DENIS have?
ETS FRANCIS DENIS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ETS FRANCIS DENIS fall under?
In its 2024 annual accounts, ETS FRANCIS DENIS states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ETS FRANCIS DENIS?
The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €111,549 and 87 comparable companies (NACE 432). It probably lies between €280,000 and €420,000.
Is ETS FRANCIS DENIS profitable?
In financial year 2025, ETS FRANCIS DENIS made a profit of €36,132.
Where can I find the annual accounts of ETS FRANCIS DENIS?
ETS FRANCIS DENIS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ETS FRANCIS DENIS due?
ETS FRANCIS DENIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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