Het DENKhuis
ActiveHet DENKhuis has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-30k) and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 8589 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
23
/ 100
Critical▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency55▲+6
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.46 against 1.21 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 8589 sector peers (2025).
NBB · sector comparisonPosition among 8589 sector peers
Solvency
better than 9%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
29 d late
2023
19 d early
2022
18 d early
2021
17 d early
2020
15 d early
2019
28 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-30k▲ 8.5%
2024 · €-33k
2018: €274k
2019: €276k
2020: €733
2021: €-35k
2022: €-93k
2023: €-37k
2024: €-33k
2018 → 2025
Total assets
€1.06M▲ 0.1%
2024 · €1.06M
2018: €859k
2019: €1.07M
2020: €1.11M
2021: €1.05M
2022: €1.02M
2023: €1.04M
2024: €1.06M
2018 → 2025
Net result
€3k▼ 29.5%
2024 · €4k
2018: €14k
2019: €2k
2020: €-275k
2021: €-36k
2022: €-58k
2023: €56k
2024: €4k
2018 → 2025
Working capital
€232k▲ 99.7%
2024 · €116k
2018: €79k
2019: €256k
2020: €351k
2021: €-53k
2022: €-67k
2023: €60k
2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-35k-€-93k▼ 167%€-37k▲ 60.1%€-33k▲ 10.7%€-30k▲ 8.5%
Operating result€-16k-€-38k▼ 145%€105k€46k▼ 55.9%€51k▲ 10.5%
Net result€-36k-€-58k▼ 63.7%€56k€4k▼ 92.9%€3k▼ 29.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€324k▼ 18.2%
Current assets
€733k▲ 11.1%
Key figures and ratios
EBITDA
€123k▲
2024 · €116k
Cash flow
€75k▲
2024 · €74k
Solvency
-2.9%▲
2024 · -3.1%
Current ratio
1.46▲
2024 · 1.21
Quick ratio
0.70▲
2024 · 0.64
Debt / equity
-35.86▼
2024 · -32.87
ROE
-9.3%▲
2024 · -12.0%
ROA
0.3%▼
2024 · 0.4%
Interest coverage
2.50▼
2024 · 3.27
Debt
€1.09M▼
2024 · €1.09M
Debt ≤ 1 year
€501k▼
2024 · €544k
Debt > 1 year
€586k▲
2024 · €545k
Income taxes
€0▼
2024 · €11k
Staff costs
€153k▼
2024 · €219k
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€1.06M€1.06M▲
Fixed assets21/28€396k€324k▼
Intangible fixed assets21€383k€318k▼
Tangible fixed assets22/27€12k€5k▼
Plant, machinery and equipment23€737€219▼
Furniture and vehicles24€11k€5k▼
Financial fixed assets28€1k€1k=
Current assets29/58€660k€733k▲
Stocks and contracts in progress3€311k€385k▲
Contracts in progress37€311k€385k▲
Amounts receivable within one year40/41€228k€240k▲
Trade receivables40€205k€219k▲
Other amounts receivable41€23k€22k▼
Cash at bank and in hand54/58€23k€10k▼
Deferred charges and accrued income490/1€99k€98k▼
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.06M▲
Equity10/15€-33k€-30k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-54k€-51k▲
Amounts payable17/49€1.09M€1.09M▼
Amounts payable after more than one year17€545k€586k▲
Financial debts170/4€255k€54k▼
Other amounts payable178/9€290k€533k▲
Amounts payable within one year42/48€544k€501k▼
Current portion of amounts payable after more than one year42€166k€175k▲
Financial debts43€15€7▼
Credit institutions430/8€15€7▼
Trade debts44€87k€74k▼
Suppliers440/4€87k€74k▼
Taxes, remuneration and social security45€78k€43k▼
Taxes450/3€42k€31k▼
Remuneration and social security454/9€37k€12k▼
Other amounts payable47/48€212k€209k▼
Accrued charges and deferred income492/3€384€194▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€219k€153k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€72k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€337k€281k▼
Operating profit (loss)9901€46k€51k▲
Financial income75/76B€4k€985▼
Recurring financial income75€4k€985▼
Financial charges65/66B€36k€49k▲
Recurring financial charges65€36k€49k▲
Profit (loss) for the period before taxes9903€15k€3k▼
Income taxes67/77€11k€0▼
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-51k▲
Profit (loss) brought forward from the previous period14P€-58k€-54k▲
Social balance
Average headcount (FTE)90874.32.8▼
The notes to these accounts (21 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €56k
Net result €56k after 3 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-275k ▼16053%
Net result drops to €-275k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Oostende · 2 establishment units since 2001
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.
Vaartstraat 138400 OostendeGround area
283 m²
Building footprint
184 m²
Volume, LiDAR
1,942 m³
2 parcels, Flanders · tallest building 15.9 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
DENK
since 20012.093.189.229
Denk
since 20062.157.586.638
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1630/00B003 | Flanders | 143 m² | 1 · 85 m² | 15.9 m · 5 fl. |
| 35013A1630/00C003 | Flanders | 141 m² | 1 · 99 m² | 15.0 m · 4 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 10,398 EUR awarded · 10,398 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 977 EUR | 977 EUR |
| 2023 | 1 | 2,421 EUR | 2,421 EUR |
| 2022 | 1 | 7,000 EUR | 7,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 3,907 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2001
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
74131
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:059/340 280