Johnny Derenette
ActiveSummary
The annual accounts of Johnny Derenette for fiscal year 2024 show a net loss of 59% of total assets and of 84% of the equity at the start of that year. The 2024 annual accounts show equity of €31,965 and a net result of -€163,579. Equity is growing by ~8.1% per year across the filed fiscal years. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-58
Solvency36▼-31
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.61 against 1.32 in 2023; short-term debt: 52% and cash: 2.6% of total assets), and 88.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.4%
Return on assets
-58.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← 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
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 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
3 d early
2023
30 d late
2022
on the day
2021
31 d late
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
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. Usually files around 31 July (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema, 2025 accounts filed, figures not processed yet
Equity
€31,965▼ 83.7%
2023 · €195,544
Total assets
€279,306▼ 39.4%
2023 · €461,055
Net result
-€163,579▼ 323%
2023 · -€38,669
Working capital
-€56,247
2023 · €56,692
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€25,141▼ 20.2%€31,134▲ 23.8%€38,319▲ 23.1%-€34,703-€156,399▼ 351%
Net result€21,884within the sector's middle half▼ 23.9%€24,552within the sector's middle half▲ 12.2%€34,515within the sector's middle half▲ 40.6%-€38,669below the sector's middle half-€163,579below the sector's middle half▼ 323%
Equity€175,146above the sector's middle half▲ 14.3%€199,698above the sector's middle half▲ 14.0%€234,213above the sector's middle half▲ 17.3%€195,544above the sector's middle half▼ 16.5%€31,965below the sector's middle half▼ 83.7%
Total assets€334,307above the sector's middle half▲ 9.2%€413,012above the sector's middle half▲ 23.5%€567,870above the sector's middle half▲ 37.5%€461,055above the sector's middle half▼ 18.8%€279,306below the sector's middle half▼ 39.4%
Debt€159,161▲ 4.0%€213,314▲ 34.0%€333,657▲ 56.4%€265,511▼ 20.4%€247,341▼ 6.8%
Working capital€76,128within the sector's middle half▲ 13.0%€84,832within the sector's middle half▲ 11.4%€83,040within the sector's middle half▼ 2.1%€56,692within the sector's middle half▼ 31.7%-€56,247below the sector's middle half
Solvency52.4%within the sector's middle half▲ 2.3pp48.4%within the sector's middle half▼ 4.0pp41.2%within the sector's middle half▼ 7.1pp42.4%within the sector's middle half▲ 1.2pp11.4%below the sector's middle half▼ 31.0pp
Current ratio2.33within the sector's middle half▼ 0.111.98within the sector's middle half▼ 0.351.43within the sector's middle half▼ 0.541.32within the sector's middle half▼ 0.110.61below the sector's middle half▼ 0.71
Return on assets (ROA)6.5%within the sector's middle half▼ 2.8pp5.9%within the sector's middle half▼ 0.6pp6.1%within the sector's middle half▲ 0.1pp-8.4%below the sector's middle half▼ 14.5pp-58.6%below the sector's middle half▼ 50.2pp
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result -323% on 2023. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €156,399 in 2024 against €34,703 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €279,306
Fixed assets
€190,453 ▼ 16.7%
Current assets
€88,853 ▼ 61.8%
Equity and liabilities €279,306
Equity
€31,965 ▼ 83.7%
Debt
€247,341 ▼ 6.8%
Debt's share of the balance-sheet total rises from 57.6% to 88.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€59,986▼
2023 · €62,957
Cash flow
-€67,166▼
2023 · €58,991
Quick ratio
0.44▼
2023 · 1.13
Debt to equity
7.74▲
2023 · 1.36
ROE
-511.7%▼
2023 · -19.8%
Interest coverage
-9.18▼
2023 · 12.48
Debt ≤ 1 year
€145,100▼
2023 · €175,797
Debt > 1 year
€102,241▲
2023 · €89,714
Income taxes
€655▲
2023 · €630
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 1,294 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,973 | €68,345 | €83,238 | €97,659 | €96,413 | ▼ 1.3% |
| Other operating charges640/8 | - | €1,523 | €3,796 | €3,894 | €3,857 | ▼ 1.0% |
| Gross operating margin9900 | €77,458 | €101,002 | €125,352 | €66,851 | -€56,129 | ▼ 184% |
| Operating profit (loss)9901 | €25,141 | €31,134 | €38,319 | -€34,703 | -€156,399 | ▼ 351% |
| Financial income75/76B | - | €796 | €4,462 | €1,707 | €7 | ▼ 99.6% |
| Recurring financial income75 | €5,891 | €796 | €4,462 | €1,707 | €7 | ▼ 99.6% |
| Financial charges65/66B | - | €3,677 | €2,528 | €5,043 | €6,532 | ▲ 29.5% |
| Recurring financial charges65 | €2,027 | €3,677 | €2,528 | €5,043 | €6,532 | ▲ 29.5% |
| Profit (loss) for the period before taxes9903 | €29,005 | €28,253 | €40,253 | -€38,038 | -€162,924 | ▼ 328% |
| Income taxes67/77 | €7,121 | €3,701 | €5,738 | €630 | €655 | ▲ 3.9% |
| Profit (loss) for the period9904 | €21,884 | €24,552 | €34,515 | -€38,669 | -€163,579 | ▼ 323% |
| Profit (loss) for the period to be appropriated9905 | €21,884 | €24,552 | €34,515 | -€38,669 | -€163,579 | ▼ 323% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €334,307 | €413,012 | €567,870 | €461,055 | €279,306 | ▼ 39.4% |
| Fixed assets21/28 | €200,941 | €241,203 | €292,031 | €228,566 | €190,453 | ▼ 16.7% |
| Tangible fixed assets22/27 | €200,141 | €240,403 | €292,031 | €228,566 | €190,453 | ▼ 16.7% |
| Plant, machinery and equipment23 | - | €216,623 | €271,808 | €214,658 | €132,553 | ▼ 38.2% |
| Furniture and vehicles24 | - | €17,589 | €14,872 | €9,397 | €54,230 | ▲ 477% |
| Other tangible fixed assets26 | - | €6,191 | €5,350 | €4,510 | €3,670 | ▼ 18.6% |
| Financial fixed assets28 | €800 | €800 | - | - | - | - |
| Current assets29/58 | €133,365 | €171,809 | €275,839 | €232,489 | €88,853 | ▼ 61.8% |
| Stocks and contracts in progress3 | €6,233 | €33,937 | - | €34,588 | €25,054 | ▼ 27.6% |
| Stocks30/36 | - | €9,634 | - | €34,588 | €25,054 | ▼ 27.6% |
| Contracts in progress37 | - | €24,303 | - | - | - | - |
| Amounts receivable within one year40/41 | €57,756 | €94,153 | €129,240 | €123,519 | €53,855 | ▼ 56.4% |
| Trade receivables40 | - | €94,146 | €126,893 | €120,606 | €53,007 | ▼ 56.0% |
| Other amounts receivable41 | - | €7 | €2,347 | €2,912 | €848 | ▼ 70.9% |
| Cash at bank and in hand54/58 | €64,409 | €43,719 | €146,599 | €74,383 | €7,209 | ▼ 90.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,736 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €334,307 | €413,012 | €567,870 | €461,055 | €279,306 | ▼ 39.4% |
| Equity10/15 | €175,146 | €199,698 | €234,213 | €195,544 | €31,965 | ▼ 83.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €52,499 | €77,051 | €111,565 | €111,565 | €111,565 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €75,191 | €109,705 | €109,705 | €109,705 | = |
| Profit (loss) carried forward14 | €104,047 | €104,047 | €104,047 | €65,379 | -€98,200 | ▼ 250% |
| Amounts payable17/49 | €159,161 | €213,314 | €333,657 | €265,511 | €247,341 | ▼ 6.8% |
| Amounts payable after more than one year17 | €101,923 | €126,338 | €140,859 | €89,714 | €102,241 | ▲ 14.0% |
| Financial debts170/4 | - | €126,338 | €140,859 | €89,714 | €102,241 | ▲ 14.0% |
| Amounts payable within one year42/48 | €57,237 | €86,977 | €192,798 | €175,797 | €145,100 | ▼ 17.5% |
| Current portion of amounts payable after more than one year42 | - | €42,120 | €50,287 | €50,168 | €40,715 | ▼ 18.8% |
| Trade debts44 | €10,091 | €7,902 | €14,876 | €5,301 | - | - |
| Suppliers440/4 | - | €7,902 | €14,876 | €5,301 | - | - |
| Taxes, remuneration and social security45 | - | €27,762 | €14,812 | €6,368 | €4,541 | ▼ 28.7% |
| Taxes450/3 | - | €27,762 | €9,922 | €6,368 | €2,651 | ▼ 58.4% |
| Remuneration and social security454/9 | - | - | €4,890 | - | €1,890 | - |
| Other amounts payable47/48 | - | €9,192 | €112,823 | €113,960 | €99,844 | ▼ 12.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,884 | €24,552 | €34,515 | -€38,669 | -€163,579 | ▼ 323% |
| + Depreciation and write-downs630 | €49,973 | €68,345 | €83,238 | €97,659 | €96,413 | ▼ 1.3% |
| Operating cash flow (approximation) | €71,856 | €92,897 | €117,752 | €58,991 | -€67,166 | ▼ 214% |
| Investment in fixed assets (approximation) | - | -€108,607 | -€134,065 | -€34,194 | -€58,300 | ▼ 70.5% |
| Change in cash | - | -€20,690 | €102,880 | -€72,216 | -€67,174 | ▲ 7.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€163,579
Net result drops to -€163,579, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €34,515 ▲40.6%
Operating result €38,319, net result €34,515, both a record.
31-12
Financial
Equity above €200,000Eq €234,213 ▲17.3%
5 profitable years in a row build equity to €234,213.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Equity above €150,000Eq €153,262 ▲23.1%
2 profitable years in a row build equity to €153,262.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-07
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Maasmechelen · 2 establishment units since 2011
Ground area
1,765 m²
Building footprint
323 m²
Volume, LiDAR
1,437 m³
2 parcels, Flanders · tallest building 10.9 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Solar- en eco-projects
since 20112.200.987.804
Derenette Machining Company (DMC)
since 20122.211.149.939
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73045B0836/00K000 | Flanders | 1,209 m² | 1 · 201 m² | 10.9 m · 1 fl. |
| 73045B0721/00C000 | Flanders | 556 m² | 1 · 122 m² | 3.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2024 · 1 entry · 45 EUR awarded · 45 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 45 EUR | 45 EUR |
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Of 1,823 companies in this sector we hold annual accounts for 960. 657 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded08-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43221Plumbing work
88101Social work activities without accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837712685
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.