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Denys

Active
Public limited companyfounded 1976active for 49 yearsIndustrieweg 124, 9032 Gent, BelgiumKBO/BCE: BE 0416.585.801
Summary

Denys has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103.8m and a net result of €38.2m. Equity has been growing by about 5% per year since 2018. Its solvency ranks better than 20% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
DenysActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 24-11-1976 Normal situation
Registered office
41 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Other specialised construction activities NACE 43990and 1 other
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment units
2.012.891.837 9032 Gent, since 24-11-1976
2.341.073.620 8560 Wevelgem, since 09-01-2023
Financial year end
31 December
Peppol
Reachable since 10-06-2025
Company details

Board and ownership

Board
Auditor
BST Bedrijfsrevisoren BV
Shareholders
Holdings
Shares in 1 company AQUIRIS
Board & ownership

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Turnover
€506.3m
▲ 38.4%
Profit
€38.2m
▲ 772%
Equity
€103.8m
▲ 60.3%
Total assets
€528.9m
▲ 41.1%
Employees on 31-12-2025
968
▲ 8.2%
Financials
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Equity €103.8m (19.6% of total assets)Liquidity: current ratio 1.20, cash €37.4mlowers riskSize: turnover €506.3m, 969.3 FTE, total assets €528.9mShow the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of large companies in specialised construction (NACE 43)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 45+3
equity 19.6% of total assets
Liquidity 17+4
short-term debt 76.9% · cash 7.1%
Profitability 72+15
return on assets 7.2%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (35 companies, NACE 43, large)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.8%● unchanged vs 08-2025highest value 10-2025: 0.8%● unchanged vs 09-2025highest value 11-2025: 0.8%● unchanged vs 10-2025highest value 12-2025: 0.8%● unchanged vs 11-2025highest value 01-2026: 0.8%● unchanged vs 12-2025highest value 02-2026: 0.7%▼ -0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.4 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €8,800,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.15 in 2024), below the usual 1.5. Short-term debt is 76.9% and cash 7.1% of total assets. 80.4% 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, large). It does better than 25% of them on solvency, 19% on liquidity, 84% on profitability and 98% on growth.

The bankruptcy probability was computed on 01-11-2026 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 · Equity €103.8m (19.6% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €506.3m, 969.3 FTE, total assets €528.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.20, cash €37.4m
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2445 sector peers (2025).
NBB · sector comparison
Position among 2445 sector peers
Solvency
better than 20%
← 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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
16 days early
2023
28 days early
2022
28 days early
2021
32 days early
2020
12 days late
2019
7 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 17 days before 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 3 July (5 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: Result rose in 2025from €4.4m to €38.2m ▲ 772% View
  • Positive: Largest company by total assets in Belgium, Specialised construction sectorin the Checked rankings No. 1 View
  • Flemish supportawarded from 2022 to 2025 €1.2m View
  • Positive: 6 profitable years in a rowprofit 2025: €38.2m 6 years View
  • A director leftlatest change 06-10-2026 · 3 in office 1 left View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: Johan Van Wassenhove (day-to-day manager)
  2. · Gazette deed Appointment: BST Bedrijfsrevisoren BV (statutory auditor)Permanent representatives: Lom Verheyde and Benoit Steinier
  3. · Gazette deed Resignations: Jan Van Bergeijk (director) and COFINCO NV (director)Appointments: Luc Hoppenbrouwers, Bart De Laere and Geert Dhont
All 22 events

Companies linked to Denys

Comparable companies

These companies have the same main activity as Denys: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €71m and €792m, founded between 1955 and 1998.

CompanyTotal assetsTurnover
Denys Gent€528.9m€506.3m
SPIE BELGIUM Anderlecht€274.7m€375.6m
SARENS Meise€791.7m€352.0m
RENOTEC Geel€89.6m€241.0m
SOCOGETRA Marche-en-Famenne€132.9m€147.3m
FRANKI FOUNDATIONS BELGIUM Tubize€111.4m€78.2m
MONUMENT - VANDEKERCKHOVE Ingelmunster€70.9m€119.4m
Full comparison

Key facts about Denys
What is the company number of Denys?
The company number of Denys is 0416.585.801. The VAT number is the same number with BE in front: BE 0416.585.801.
Where is Denys based?
The registered office is at Industrieweg 124, 9032 Gent.Company details
What does Denys do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Denys?
The legal form of Denys is Public limited company (NV).
When was Denys founded?
Denys was founded on 24-11-1976.
Is Denys still active?
Yes, Denys is an active enterprise in the KBO register.
How many employees does Denys have?
Denys had an average of 969.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Denys fall under?
In its 2025 annual accounts, Denys states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Denys?
The turnover of Denys was €506.3m in financial year 2025, according to the filed annual accounts.
Is Denys profitable?
In financial year 2025, Denys made a profit of €38.2m.
Where can I find the annual accounts of Denys?
Denys filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Denys due?
Denys must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check

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