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SCHRIJNWERKERIJ DENOLF

Active
Private limited companyfounded 1990active for 36 yearsWijnendalestraat 40, 8820 Torhout, BelgiumKBO/BCE: BE 0441.856.477
Summary

SCHRIJNWERKERIJ DENOLF has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,774 and a net result of -€12,557. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 92% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-08-1990 Normal situation
Activity
Joinery installation NACE 43320
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.050.489.532 8820 Torhout, since 04-12-1990
Financial year end
31 December
Peppol
Reachable since 17-01-2024

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€57,192
▼ 74.8%
Turnover
≈ €220,000
estimated
Loss
€12,557
Equity
€218,774
▼ 5.4%
Total assets
€247,011
▼ 22.0%
Employees on 31-12-2025
1
=
Score breakdownraises riskLoss of €12,557 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 7.65, cash €143,722Equity €218,774 (88.6% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100+2
equity 88.6% of total assets
Liquidity 99+9
short-term debt 11.4% · cash 58.2%
Profitability 12-87
return on assets -5.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1%highest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.65 (3.53 in 2024), above the usual 1.5. Short-term debt is 11.4% and cash 58.2% of total assets. 11.4% 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, micro). It does better than 90% of them on solvency, 95% on liquidity, 12% on profitability and 28% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 7.65, cash €143,722
NBB · annual accounts
raises risk · Loss of €12,557 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €218,774 (88.6% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
35 days early
2023
41 days early
2022
24 days late
2021
31 days late
2020
88 days late
2019
12 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 5 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 26 June (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 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

  • Caution: From profit to loss in 2025after a profit of €77,508 in 2024 -€12,557 View
  • Caution: Lower net result than 90% of companies in specialised constructionsector median €10,221 · 34,941 companies -€12,557 View

Recent changes

  1. · Gazette deed Resignation: Denolf Kristof (director)Appointment: Denolf Kristof (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as SCHRIJNWERKERIJ DENOLF: joinery installation (NACE 43320). They are comparable in size and age: total assets between €234,000 and €278,000, founded between 1985 and 1994.

CompanyTotal assetsGross margin
SCHRIJNWERKERIJ DENOLF Torhout€247,011€57,192
ZYDE -AMEEL Alveringem€234,316€54,858
HERPOELAERT BINNENHUISINRICHTINGEN Pittem€237,195€67,670
H.I.M. Lendelede€242,771€71,232
DEBOLE Anderlecht€277,985€52,536
INNOVATIONS ET DIFFUSION Ukkel€263,432€60,562
Woodline Project Antwerpen€238,929€48,793
Full comparison

Key facts about SCHRIJNWERKERIJ DENOLF

What is the company number of SCHRIJNWERKERIJ DENOLF?
The company number of SCHRIJNWERKERIJ DENOLF is 0441.856.477. The VAT number is the same number with BE in front: BE 0441.856.477.
Where is SCHRIJNWERKERIJ DENOLF based?
The registered office is at Wijnendalestraat 40, 8820 Torhout.Company details
What does SCHRIJNWERKERIJ DENOLF do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of SCHRIJNWERKERIJ DENOLF?
The legal form of SCHRIJNWERKERIJ DENOLF is Private limited company (BV).
When was SCHRIJNWERKERIJ DENOLF founded?
SCHRIJNWERKERIJ DENOLF was founded on 31-08-1990.
Is SCHRIJNWERKERIJ DENOLF still active?
Yes, SCHRIJNWERKERIJ DENOLF is an active enterprise in the KBO register.
How many employees does SCHRIJNWERKERIJ DENOLF have?
SCHRIJNWERKERIJ DENOLF had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SCHRIJNWERKERIJ DENOLF fall under?
In its 2025 annual accounts, SCHRIJNWERKERIJ DENOLF states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of SCHRIJNWERKERIJ DENOLF?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €57,192 and 38 comparable companies (NACE 43320). It probably lies between €170,000 and €360,000.
Is SCHRIJNWERKERIJ DENOLF profitable?
In financial year 2025, SCHRIJNWERKERIJ DENOLF made a loss of €12,557.
Where can I find the annual accounts of SCHRIJNWERKERIJ DENOLF?
SCHRIJNWERKERIJ DENOLF filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SCHRIJNWERKERIJ DENOLF due?
SCHRIJNWERKERIJ DENOLF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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