Denuo

Active

Non-profit associationfounded 199135 yrs activeAuguste Reyerslaan 70, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0445.497.046

Summary

Denuo has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €8k. Its solvency ranks better than 27% of 502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

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Checked score

Score 2025

78 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69▲+67

Solvency57▼-43

Growth78

Track record100

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €75k at 30 days acceptable

Liquidity ample (current ratio 5.82 against 4.93 in 2024; short-term debt: 17% and cash: 20.4% of total assets), but 68.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 94

Relative position

BE, all sectors

reference

Sector 94

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

31.7%

Return on assets

0.2%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

1 d early

2024

37 d early

2014

37 d early

2013

37 d early

2012

35 d early

2011

33 d early

2010

33 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, full schema

Turnover

€1.83M

EBIT margin

-9.7%

Net result

€8k

2024 · €-161k

2024: €-161k

2024 → 2025

Working capital

€2.63M▲ 163%

2024 · €999k

2024: €999k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€1.83M-

Equity€1.01M-€1.02M▲ 0.8%

Operating result€-178k-€7k

Net result€-161k-€8k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €7k after a loss of €178k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.21M

99.0%

Fixed assets €33k ▼ 30.5%

Current assets €3.18M ▲ 154%

Equity and liabilities €3.21M

31.7%

68.3%

Equity €1.02M ▲ 0.8%

Debt €2.19M ▲ 654%

Debt's share of the balance-sheet total rises from 22.4% to 68.3%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€22k▲

2024 · €-150k

Cash flow

€23k▲

2024 · €-133k

Current ratio

5.82▲

2024 · 4.93

Debt to equity

2.16▲

2024 · 0.29

ROE

0.8%▲

2024 · -16.0%

ROA

0.2%▲

2024 · -12.4%

Interest coverage

7.04▲

2024 · -120.93

Debt ≤ 1 year

€545k▲

2024 · €254k

Income taxes

€4k▼

2024 · €7k

Staff costs

€1.07M▲

2024 · €742k

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 · 49 lines

Balance sheet Code20242025

Assets

Total assets20/58€1.30M€3.21M▲

Fixed assets21/28€47k€33k▼

Tangible fixed assets22/27€32k€18k▼

Plant, machinery and equipment23€7k€4k▼

Furniture and vehicles24€18k€15k▼

Other tangible fixed assets26€8k€0▼

Financial fixed assets28€15k€15k=

Current assets29/58€1.25M€3.18M▲

Amounts receivable within one year40/41€286k€1.80M▲

Trade receivables40€97k€1.79M▲

Other amounts receivable41€189k€3k▼

Current investments50/53€804k€639k▼

Cash at bank and in hand54/58€85k€654k▲

Deferred charges and accrued income490/1€77k€87k▲

Equity and liabilities

Total equity and liabilities10/49€1.30M€3.21M▲

Equity10/15€1.01M€1.02M▲

Reserves13€990k€840k▼

Profit (loss) carried forward14€19k€177k▲

Amounts payable17/49€291k€2.19M▲

Amounts payable within one year42/48€254k€545k▲

Trade debts44€166k€81k▼

Suppliers440/4€166k€81k▼

Advances received on contracts in progress46€0-

Taxes, remuneration and social security45€88k€465k▲

Taxes450/3€20k€312k▲

Remuneration and social security454/9€68k€153k▲

Accrued charges and deferred income492/3€37k€1.65M▲

Income statement Code20242025

Turnover70€1.83M-

Non-recurring operating income76A-€2k

Goods, raw materials, services and sundry goods60/61€1.40M-

Remuneration, social security and pensions62€742k€1.07M▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€15k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-8k

Other operating charges640/8€4k€9k▲

Non-recurring operating charges66A€0-

Gross operating margin9900€597k€1.09M▲

Operating profit (loss)9901€-178k€7k▲

Financial income75/76B€25k€9k▼

Recurring financial income75€25k€9k▼

Financial charges65/66B€1k€3k▲

Recurring financial charges65€1k€3k▲

Profit (loss) for the period before taxes9903€-154k€12k▲

Income taxes67/77€7k€4k▼

Profit (loss) for the period9904€-161k€8k▲

Profit (loss) for the period to be appropriated9905€-161k€8k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-161k€27k▲

Profit (loss) brought forward from the previous period14P-€19k

From contributions791€180k€150k▼

Social balance

Average headcount (FTE)90877.78.6▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 1Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

18-08

State Gazette act Appointments: Wolfgang Ouvry, Alain Konings and 6 others

Reappointments: Patrick Deprez, Frederik Bal and 16 others · Resignations: Rohald Guilliams, Yves Tielemans and 2 others · Permanent representative: Magdalena Xenos32 facts ▸

General meeting, 18-06-2026
Director appointment, Wolfgang Ouvry (director)
Director appointment, Alain Konings (director)
Director appointment, Philippe Schnongs (director)
Director appointment, Jérôme Pickard (director)
Director reappointment, Patrick Deprez (director)
Director reappointment, Frederik Bal (director)
Director reappointment, Martine Meuws (director)
Director reappointment, Kris Nys (director)
Director reappointment, Tom Vanopdenbosch (director)
Director reappointment, Rik Debaere (director)
Director reappointment, Patrick Laevers (director)
+20 further facts in this act

30-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

24-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2015

24-06

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

2014

24-06

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema

2013

26-06

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema

2012

28-06

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema

2011

02-09

NBB filing Annual accounts filed

fiscal year 2010 · abbreviated schema · 33 days late

03-02

NBB filing Annual accounts filed

fiscal year 2009 · abbreviated schema · 187 days late

2008

09-09

NBB filing Annual accounts filed

fiscal year 2007 · abbreviated schema · 40 days late

2007

02-08

NBB filing Annual accounts filed

fiscal year 2006 · abbreviated schema · 2 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

under verification, no change since 2026

This board is reconstructed from a single act (26353559). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Alain Konings

Director · since 18-06-2026

Current

Caroline Craenhals

Chair · since 18-06-2026

Current

Jérôme Pickard

Director · since 18-06-2026

Current

Patrick Laevers

Vice-chair · since 18-06-2026

Current

Philippe Schnongs

Director · since 18-06-2026

Current

Philippe Tychon

Vice-chair · since 18-06-2026

Current

16 other directors

Wolfgang Ouvry

Director · since 18-06-2026

Current

Alphonse Stevens

Director

Current

Bernard Goffinet

Director

Current

Bruno Arts

Director

Current

Caroline Van der Perre

Director

Current

Cédric Slegers

Director

Current

David Vanheede

Director

Current

Frederik Bal

Director

Current

Johan Scholiers

Director

Current

Kris Nys

Director

Current

Martine Meuws

Director

Current

Patrick Deprez

Director

Current

Philip Peeters

Director

Current

Rik Debaere

Director

Current

Tim Engels

Director

Current

Tom Vanopdenbosch

Director

Current

18-06-2026 Alain Konings: Appointed as Director

18-06-2026 Caroline Craenhals: Appointed as Chair

18-06-2026 Jérôme Pickard: Appointed as Director

18-06-2026 Patrick Laevers: Appointed as Vice-chair

18-06-2026 Philippe Schnongs: Appointed as Director

Full history in the Timeline (11 changes) →

Location & real-estate footprint

Registered office, Schaarbeek · 1 establishment unit since 2007

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.

Auguste Reyerslaan 701030 Schaarbeek

Ground area

7,530 m²

Building footprint

3,037 m²

Volume, LiDAR

84,150 m³

Parcel 21911C0131/03F000, Brussels · tallest building 33.0 m, ±9 floors. Linked by address, not a title deed.

1 establishment unit

Denuo vzw

Auguste Reyerslaan 70, 1030 SchaarbeekLibraries, archives, museums and other cultural activities

since 20072.158.332.251

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21911C0131/03F000	Brussels	7,530 m²	1 · 3,037 m²	33.0 m · 9 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.

Statutory auditor

1 auditor

VGD BedrijfsrevisorenCurrent

Company auditor · represented by Magdalena Xenos

18-06-2026 → present

Structure & network

Connections & network

4 connected companies

Shared directors

Linked via shared directors

FEBELAUTO

via Cédric Slegers · Director

→

VKW LIMBURG

via Martine Meuws · Director

→

JCI Vlaanderen

via Philip Peeters · Director

former→

Sportamax

via Philip Peeters · Director

former→

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 100,000 EUR awarded · 80,000 EUR paid

Year	Entries	awarded	paid
2025	1	0 EUR	40,000 EUR
2023	1	100,000 EUR	40,000 EUR

Schemes

Subsidies in het kader van de circulaire economie

2 entries · 100,000 EUR · 80,000 EUR paid · DAB Fonds voor Preventie en Sanering inzake Leefmilieu en Natuur

European Union, budget

2021 · 1 entry · 201,627 EUR in total

Year	Entries	awarded
2021	1	201,627 EUR

Projects

SUNRISE - MULTISENSOR SORTING TOOLS IN A CIRCULAR ECONOMY APPROACH FOR THE EFFICIENT RECYCLING OF PVB INTERLAYER MATERIAL IN HIGH-QUALITY PRODUCTS FROM LAMINATED GLASS CONSTRUCTION AND DEMOLITION WASTES

Horizon Europe · 01-06-2021 to 30-11-2024 · 201,627 EUR

European research

1 project · 201,625 EUR EU contribution

Programmes

Horizon 2020

1 entry · 201,625 EUR

Projects

MultiSensor sorting tools in a circular economy approach for the efficient recycling of PVB interlayer material in high-quality prodUcts from laminated glass coNstRuction and demolItion waStEs

Horizon 2020 · participant · 01-06-2021 to 30-11-2024 · 201,625 EUR · SUNRISE

Recognitions · licences · registrations

Legal Entity Identifier

967600VVYGAZ3FIUYV60

no longer live in the LEI register

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Of 1,256 companies in sector 94110 we hold annual accounts for 579. 486 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 formNon-profit association

Founded21-06-1991

Fiscal year end31-12

Activities, NACEBEL 2025

94110Activities of business and employers' organisations

70200Business and other management consultancy

82300Organisation of conventions and trade shows

82990Other business support services

85599Other education

Sources

Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.