"DENISE"
ActiveSummary
The computed 12-month bankruptcy probability of "DENISE" is 3.8% (moderate). The 2025 annual accounts show negative equity (€-779) and a net result of €-20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 350 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency24▼-40
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.49 against 1.62 in 2024; short-term debt: 65.9% and cash: 37.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-1.2%
Return on assets
-30.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-779
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
13 d late
2024
14 d late
2023
28 d late
2022
29 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-779
2024 · €19k
2022: €12k
2023: €-7k
2024: €19k
2022 → 2025
Total assets
€67k▲ 34.8%
2024 · €49k
2022: €23k
2023: €38k
2024: €49k
2022 → 2025
Net result
€-20k
2024 · €26k
2022: €-13k
2023: €-19k
2024: €26k
2022 → 2025
Working capital
€22k▲ 16.4%
2024 · €19k
2022: €12k
2023: €-7k
2024: €19k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€12k-€-7k€19k€-779
Operating result€-13k-€-18k▼ 38.4%€27k€-19k
Net result€-13k-€-19k▼ 40.9%€26k€-20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €27k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€1k ▲ 30.4%
Current assets
€65k ▲ 34.9%
Key figures and ratios
EBITDA
€-18k▼
2024 · €27k
Cash flow
€-20k▼
2024 · €27k
Solvency
-1.2%▼
2024 · 39.4%
Current ratio
1.49▼
2024 · 1.62
Quick ratio
1.11▼
2024 · 1.34
ROA
-30.4%▼
2024 · 53.6%
Interest coverage
-10.26▼
2024 · 34.99
Debt
€67k▲
2024 · €30k
Debt ≤ 1 year
€44k▲
2024 · €30k
Debt > 1 year
€23k
Equity ratios withheld: equity of €-779 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€49k€67k▲
Fixed assets21/28€883€1k▲
Tangible fixed assets22/27€883€1k▲
Furniture and vehicles24€883€1k▲
Current assets29/58€48k€65k▲
Stocks and contracts in progress3€8k€17k▲
Stocks30/36€8k€17k▲
Amounts receivable within one year40/41€19k€18k▼
Trade receivables40€11k€18k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€21k€25k▲
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€49k€67k▲
Equity10/15€19k€-779▼
Contributions10/11€25k€25k=
Profit (loss) carried forward14€-6k€-26k▼
Amounts payable17/49€30k€67k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€30k€44k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€23k€6k▼
Suppliers440/4€23k€6k▼
Taxes, remuneration and social security45€2k€361▼
Taxes450/3€2k€361▼
Other amounts payable47/48€5k€32k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€210€648▲
Other operating charges640/8€6k€784▼
Gross operating margin9900€33k€-17k▼
Operating profit (loss)9901€27k€-19k▼
Financial income75/76B€135€265▲
Recurring financial income75€135€265▲
Financial charges65/66B€780€2k▲
Recurring financial charges65€780€2k▲
Profit (loss) for the period before taxes9903€26k€-20k▼
Profit (loss) for the period9904€26k€-20k▼
Profit (loss) for the period to be appropriated9905€26k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-26k▼
Profit (loss) brought forward from the previous period14P€-32k€-6k▲
The notes to these accounts (6 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Elsene · 2 establishment units since 2021
Ground area
446 m²
Building footprint
213 m²
Volume, LiDAR
2,762 m³
2 parcels, Brussels · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
"DENISE"
since 20212.315.277.459
Boondaalse Steenweg 365, 1050 Elsene
since 20212.323.576.897
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0264/00B010 | Brussels | 257 m² | 1 · 130 m² | 15.6 m · 4 fl. |
| 21447B0454/00_000 | Brussels | 189 m² | 1 · 83 m² | 18.5 m · 5 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.
Similar companies · same sector, comparable size
Alqueria
BE 0701.772.630
Beveren-Kruibeke-Zwijndrecht · Eq €19,504
Maurice et Gaston
BE 0768.413.709
Nivelles · Eq €19,291
MUG CAFE CERAMIQUE
BE 1028.745.277
Anhée · Eq €19,632
Azalea Studio
BE 1013.724.630
Brussel · Eq €18,619
HUBTECH CONSULTING
BE 0651.834.456
Soignies · Eq €20,460
Of 674 companies in sector 23410 we hold annual accounts for 47. 35 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
23410Manufacture of ceramic household and ornamental articles
47120Other non-specialised retail sale
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.