DENYS SUPPORT
ActiveDENYS SUPPORT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.25M and a net result of €1.45M. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 1113 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+15
Solvency52▲+3
Growth85=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 3.7 against 3.43 in 2023; short-term debt: 26.8% and cash: 2.9% of total assets), but 73.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
26.8%
Return on assets
9.2%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
28 d early
2022
20 d early
2021
33 d early
2020
24 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€7.44M▼ 6.1%
2023 · €7.92M
2018: €2.20M
2019: €1.65M
2020: €2.86M
2021: €3.59M
2022: €5.35M
2023: €7.92M
2018 → 2024
EBIT margin
19.0%▲ 9.3pp
2023 · 9.7%
2018: 25.2%
2019: 14.0%
2020: 24.4%
2021: 5.0%
2022: 20.3%
2023: 9.7%
2018 → 2024
Net result
€1.45M▲ 113%
2023 · €682k
2018: €353k
2019: €161k
2020: €520k
2021: €127k
2022: €857k
2023: €682k
2018 → 2024
Working capital
€11.49M▲ 42.4%
2023 · €8.07M
2018: €2.77M
2019: €3.42M
2020: €3.50M
2021: €4.34M
2022: €5.96M
2023: €8.07M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.86M-€3.59M▲ 25.4%€5.35M▲ 49.0%€7.92M▲ 48.1%€7.44M▼ 6.1%
Equity€1.13M-€1.25M▲ 11.3%€2.11M▲ 68.3%€2.79M▲ 32.3%€4.25M▲ 51.9%
Operating result€699k-€181k▼ 74.2%€1.09M▲ 501%€769k▼ 29.2%€1.41M▲ 84.1%
Net result€520k-€127k▼ 75.5%€857k▲ 573%€682k▼ 20.5%€1.45M▲ 113%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 84% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15.85M
Fixed assets
€102k▼ 18.6%
Current assets
€15.74M▲ 38.2%
Equity and liabilities €15.85M
Equity
€4.25M▲ 51.9%
Provisions
€808k▲ 62.4%
Debt
€10.79M▲ 31.2%
The debt ratio falls from 71.4% to 68.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.44M▲
2023 · €790k
Cash flow
€1.47M▲
2023 · €704k
Solvency
26.8%▲
2023 · 24.3%
Current ratio
3.70▲
2023 · 3.43
Quick ratio
3.69▲
2023 · 3.43
Debt / equity
2.54▼
2023 · 2.94
ROE
34.2%▲
2023 · 24.4%
ROA
9.2%▲
2023 · 5.9%
Interest coverage
1666.07▼
2023 · 2539.77
Debt
€10.79M▲
2023 · €8.22M
Debt ≤ 1 year
€4.25M▲
2023 · €3.32M
Income taxes
€402k▲
2023 · €373k
Staff costs
€1.40M▲
2023 · €1.31M
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€11.52M€15.85M▲
Fixed assets21/28€125k€102k▼
Tangible fixed assets22/27€90k€67k▼
Plant, machinery and equipment23€70k€51k▼
Furniture and vehicles24€20k€15k▼
Financial fixed assets28€35k€35k=
Affiliated companies280/1€31k€31k=
Participating interests280€31k€31k=
Other financial fixed assets284/8€4k€4k=
Amounts receivable and cash guarantees285/8€4k€4k=
Current assets29/58€11.39M€15.74M▲
Stocks and contracts in progress3€12k€67k▲
Contracts in progress37€12k€67k▲
Amounts receivable within one year40/41€11.38M€15.22M▲
Trade receivables40€2.54M€3.16M▲
Other amounts receivable41€8.83M€12.06M▲
Cash at bank and in hand54/58€2k€460k▲
Deferred charges and accrued income490/1€769-
Equity and liabilities
Total equity and liabilities10/49€11.52M€15.85M▲
Equity10/15€2.79M€4.25M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€1.00M€1.00M=
Uncalled capital101€750k€750k=
Reserves13€192k€192k=
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Distributable reserves133€92k€92k=
Profit (loss) carried forward14€2.35M€3.80M▲
Provisions and deferred taxes16€497k€808k▲
Provisions for liabilities and charges160/5€497k€808k▲
Pensions and similar obligations160€1k€2k▲
Other liabilities and charges164/5€496k€806k▲
Amounts payable17/49€8.22M€10.79M▲
Amounts payable within one year42/48€3.32M€4.25M▲
Trade debts44€2.74M€3.78M▲
Suppliers440/4€2.74M€3.78M▲
Advances received on contracts in progress46€68k€91k▲
Taxes, remuneration and social security45€504k€308k▼
Taxes450/3€346k€165k▼
Remuneration and social security454/9€157k€143k▼
Other amounts payable47/48€359€66k▲
Accrued charges and deferred income492/3€4.91M€6.54M▲
Income statement
Code20232024
Operating income70/76A€7.99M€7.82M▼
Turnover70€7.92M€7.44M▼
Change in stocks of work in progress, finished goods and contracts in progress71€6k€55k▲
Other operating income74€58k€324k▲
Non-recurring operating income76A-€52
Operating charges60/66A€7.22M€6.41M▼
Goods for resale, raw materials and consumables60€4.09M€4.26M▲
Purchases600/8€4.09M€4.26M▲
Services and other goods61€923k€946k▲
Remuneration, social security and pensions62€1.31M€1.40M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€526k€-526k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€349k€310k▼
Other operating charges640/8€1k€1k▼
Operating profit (loss)9901€769k€1.41M▲
Financial income75/76B€288k€445k▲
Recurring financial income75€288k€445k▲
Income from current assets751€288k€445k▲
Other financial income752/9€1€324▲
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Debt charges650€311€863▲
Other financial charges652/9€1k€6k▲
Profit (loss) for the period before taxes9903€1.05M€1.85M▲
Income taxes67/77€373k€402k▲
Taxes670/3€379k€402k▲
Tax adjustments and reversals of tax provisions77€6k€308▼
Profit (loss) for the period9904€682k€1.45M▲
Profit (loss) for the period to be appropriated9905€682k€1.45M▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.35M€3.80M▲
Profit (loss) brought forward from the previous period14P€1.67M€2.35M▲
Social balance
Average headcount (FTE)908717.319.0▲
The notes to these accounts (43 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.45M ▲113%
Operating result €1.41M, net result €1.45M, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2MEq €2.11M ▲68.3%
5 profitable years in a row build equity to €2.11M.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €127k ▼75.5%
Net result drops to €127k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
29-04-2025
Jan van Bergeijk: Resigned as Director
29-04-2025
Van Wassenhove Johan: Resigned as Director
27-07-2023
Jan van Bergeijk: Resigned as Director
27-07-2023
Van Wassenhove Johan: Resigned as Director
27-07-2023
Bruno Geltmeyer: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2012
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.
Industrieweg 1249032 GentGround area
3.7 ha
Building footprint
1,125 m²
Parcel 44038A0062/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Denys Support
since 20122.218.306.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0062/00B000 | Flanders | 3.7 ha | 1 · 1,125 m² | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 84,000 EUR awarded · 84,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 84,000 EUR | 84,000 EUR |
Schemes
Ecologiepremie+
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Of 11,553 companies in sector 71121 we hold annual accounts for 6,558. 1,471 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-12-2012
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
71121Engineering and related technical consultancy, excluding land surveyors
68121Development of residential building projects
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.