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SA DENAN

Active
Public limited companyfounded 199234 yrs activeImpasse du Cercleur(L.L) 20, 7100 La Louvière, BelgiumKBO/BCE: BE 0448.255.608

SA DENAN has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €142k and a net result of €13k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 5895 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
86 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+8
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 17.3 against 11.69 in 2023; short-term debt: 4.5% and cash: 34.3% of total assets), and 4.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
79 d early
2022
25 d early
2021
31 d early
2020
45 d late
2019
21 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€142k▲ 10.1%
2023 · €129k
2018: €86k 2019: €94k 2020: €107k 2021: €115k 2022: €125k 2023: €129k
2018 → 2024
Total assets
€149k▲ 7.8%
2023 · €138k
2018: €109k 2019: €111k 2020: €124k 2021: €129k 2022: €132k 2023: €138k
2018 → 2024
Net result
€13k▲ 237%
2023 · €4k
2018: €7k 2019: €11k 2020: €16k 2021: €12k 2022: €10k 2023: €4k
2018 → 2024
Working capital
€110k▲ 13.5%
2023 · €97k
2018: €46k 2019: €56k 2020: €70k 2021: €80k 2022: €92k 2023: €97k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€107k-€115k▲ 7.5%€125k▲ 8.8%€129k▲ 3.1%€142k▲ 10.1%
Operating result€14k-€11k▼ 25.1%€9k▼ 15.1%€2k▼ 78.7%€13k▲ 596%
Net result€16k-€12k▼ 23.8%€10k▼ 15.6%€4k▼ 61.8%€13k▲ 237%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2020: €14k€14kNet result 2020: €16k€16kOperating result 2021: €11k€11kNet result 2021: €12k€12kOperating result 2022: €9k€9kNet result 2022: €10k€10kOperating result 2023: €2k€2kNet result 2023: €4k€4kOperating result 2024: €13k€13kNet result 2024: €13k€13k20202021202220232024
The operating result recovers in 2024; 2024 is 596% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €149k
Fixed assets €32k=
Current assets €117k▲ 10.1%
Equity and liabilities €149k
Equity €142k▲ 10.1%
Debt €7k▼ 25.6%
The debt ratio falls from 6.6% to 4.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€15k
2023 · €3k
Cash flow
€15k
2023 · €5k
Solvency
95.5%
2023 · 93.4%
Current ratio
17.30
2023 · 11.69
Quick ratio
17.30
2023 · 11.69
Debt / equity
0.05
2023 · 0.07
ROE
9.2%
2023 · 3.0%
ROA
8.8%
2023 · 2.8%
Interest coverage
86.43
2023 · 16.83
Debt
€7k
2023 · €9k
Debt ≤ 1 year
€7k
2023 · €9k
Income taxes
€4k
2023 · €1k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€138k€149k
Fixed assets21/28€32k€32k=
Tangible fixed assets22/27€32k€32k=
Land and buildings22€32k€30k
Furniture and vehicles24-€2k
Current assets29/58€106k€117k
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€73k€65k
Trade receivables40€13k€7k
Other amounts receivable41€61k€59k
Cash at bank and in hand54/58€32k€51k
Deferred charges and accrued income490/1€533€318
Equity and liabilities
Total equity and liabilities10/49€138k€149k
Equity10/15€129k€142k
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€48k€61k
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€40k€53k
Profit (loss) carried forward14€31€0
Amounts payable17/49€9k€7k
Amounts payable within one year42/48€9k€7k
Trade debts44€4k€2k
Suppliers440/4€4k€2k
Taxes, remuneration and social security45€5k€5k
Taxes450/3€5k€5k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€854€1k
Gross operating margin9900€4k€16k
Operating profit (loss)9901€2k€13k
Financial income75/76B€3k€4k
Recurring financial income75€3k€4k
Financial charges65/66B€207€178
Recurring financial charges65€207€178
Profit (loss) for the period before taxes9903€5k€17k
Income taxes67/77€1k€4k
Profit (loss) for the period9904€4k€13k
Profit (loss) for the period to be appropriated9905€4k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€13k
Profit (loss) brought forward from the previous period14P€157€31
Transfer to equity691/2€4k€13k
To other reserves6921€4k€13k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €4k ▼61.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
06-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 13.83
Current ratio from 6.80 to 13.83; short-term debt falls from €14k to €7k.
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial Highest result since 2018net €16k ▲44.3%
Operating result €14k, net result €16k, both a record.
31-12
Financial Equity above €100kEq €107k ▲13.6%
3 profitable years in a row build equity to €107k.
21-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
21-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
2016
21-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, La Louvière · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Impasse du Cercleur(L.L) 207100 La Louvière
Ground area
79 m²
Building footprint
56 m²
Volume, LiDAR
380 m³
Parcel 55372D0127/00K000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DENAN SA
Impasse du Cercleur(L.L) 20, 7100 La LouvièreAir transport
since 20012.102.868.839
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55372D0127/00K000 Wallonia 79 m² 1 · 56 m² 7.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,049 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded25-08-1992
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
43350Other building finishing work
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.