Denderoever
ActiveSummary
Denderoever has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-4.92M) and a net result of €-524k. Equity is shrinking by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-33
Solvency0▼-28
Growth55▼-17
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 1.03 in 2024; short-term debt: 576.5% and cash: 67.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
-476.5%
Return on assets
-50.7%
Age of the figures
9 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202425
2018 to 2025 · latest year €-4.92M
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
21 d early
2023
91 d late
2022
85 d late
2021
23 d late
2020
9 d late
2019
80 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8.43M▲ 22.2%
2019 · €6.90M
2018: €933k
2019: €6.90M
2018 → 2020
EBIT margin
-0.4%▼ 0.2pp
2019 · -0.2%
2018: -12.5%
2019: -0.2%
2018 → 2020
Net result
€-524k▼ 402%
2024 · €-104k
2018: €-132k
2019: €-29k
2020: €-70k
2024: €-104k
2018 → 2025
Working capital
€-4.92M
2024 · €183k
2018: €1.90M
2019: €1.89M
2020: €1.85M
2024: €183k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020242025Trend
Turnover€933k-€6.90M▲ 640%€8.43M▲ 22.2%
Equity€542k-€513k▼ 5.4%€443k▼ 13.6%€183k▼ 58.7%€-4.92M
Operating result€-117k-€-14k▲ 88.4%€-36k▼ 168%€-4k▲ 89.4%€-340k▼ 8,734%
Net result€-132k-€-29k▲ 78.0%€-70k▼ 140%€-104k▼ 49.0%€-524k▼ 402%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €340k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Solvency
-476.5%▼
2024 · 3.3%
Current ratio
0.17▼
2024 · 1.03
Quick ratio
0.12▼
2024 · 0.14
Debt to equity
-1.21▼
2024 · 29.70
ROA
-50.7%▼
2024 · -1.9%
Debt
€5.96M▲
2024 · €5.43M
Debt ≤ 1 year
€5.96M▲
2024 · €5.43M
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 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.62M€1.03M▼
Current assets29/58€5.62M€1.03M▼
Stocks and contracts in progress3€4.88M€302k▼
Stocks30/36€4.88M€302k▼
Amounts receivable within one year40/41€182k€35k▼
Trade receivables40€76-
Other amounts receivable41€182k€35k▼
Cash at bank and in hand54/58€556k€696k▲
Equity and liabilities
Total equity and liabilities10/49€5.62M€1.03M▼
Equity10/15€183k€-4.92M▼
Contributions10/11€763k€763k=
Capital10€763k€763k=
Issued capital100€763k€763k=
Profit (loss) carried forward14€-580k€-5.68M▼
Amounts payable17/49€5.43M€5.96M▲
Amounts payable within one year42/48€5.43M€5.96M▲
Trade debts44€16k€194k▲
Suppliers440/4€16k€194k▲
Other amounts payable47/48€5.42M€5.76M▲
Accrued charges and deferred income492/3€124-
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-3k€-339k▼
Operating profit (loss)9901€-4k€-340k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€100k€183k▲
Recurring financial charges65€100k€183k▲
Profit (loss) for the period before taxes9903€-104k€-524k▼
Profit (loss) for the period9904€-104k€-524k▼
Profit (loss) for the period to be appropriated9905€-104k€-524k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-580k€-5.68M▼
Profit (loss) brought forward from the previous period14P€-475k€-5.16M▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
13-03
State Gazette act
Resignation: Julie De Nul (director)Appointment: JDN (director) · Permanent representatives: Julie De Nul and J.P.J. De Nul9 facts ▸
State Gazette act
Resignation: Julie De Nul (director)
Appointment: JDN (director) · Permanent representatives: Julie De Nul and J.P.J. De Nul9 facts ▸
- General meeting, 02-03-2026
- Director resignation, Julie De Nul (director)
- Director appointment, JDN (director)
- Permanent representative, Julie De Nul
- Board meeting, 02-03-2026
- Director resignation, Julie De Nul (managing director)
- Director appointment, JDN (managing director)
- Permanent representative, Julie De Nul
- Permanent representative, J.P.J. De Nul
2025
31-12
Financial
Weakest financial yearnet €-524k
Net result drops to €-524k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
20-06
State Gazette act
Appointments: Jan De Nul NV (chair of the board) and Julie De Nul (managing director)Permanent representative: Jan Pieter J. De Nul5 facts ▸
State Gazette act
Appointments: Jan De Nul NV (chair of the board) and Julie De Nul (managing director)
Permanent representative: Jan Pieter J. De Nul5 facts ▸
- Board meeting, 16-06-2025
- Director appointment, Jan De Nul NV (chair of the board)
- Director appointment, Jan De Nul NV (managing director)
- Permanent representative, Jan Pieter J. De Nul
- Director appointment, Julie De Nul (managing director)
03-03
State Gazette act
Resignations: NAEDOL BV, B2B GROUP and 2 othersPermanent representatives: NEYTS Julien, ÜZGEN Gabriel and 3 others · Appointments: Jan De Nul NV, DE NUL Julie and 2 others · Statutes amendment23 facts ▸
State Gazette act
Resignations: NAEDOL BV, B2B GROUP and 2 others
Permanent representatives: NEYTS Julien, ÜZGEN Gabriel and 3 others · Appointments: Jan De Nul NV, DE NUL Julie and 2 others · Statutes amendment23 facts ▸
- General meeting, 16-01-2025
- Statutes amendment
- Statutes amendment
- Capital, €762.500
- Director resignation, NAEDOL BV (director)
- Permanent representative, NEYTS Julien
- Director resignation, B2B GROUP (director)
- Permanent representative, ÜZGEN Gabriel
- Director resignation, LIEVENS Paul (director)
- Director discharge, NAEDOL BV
- Director discharge, B2B GROUP
- Director discharge, LIEVENS Paul
- +11 further facts in this act
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 91 days late
10-09
State Gazette act
Appointment: Deloitte Bedrijfsrevisoren (statutory auditor)Permanent representative: MITRUGNO Angélique · Power of attorney6 facts ▸
State Gazette act
Appointment: Deloitte Bedrijfsrevisoren (statutory auditor)
Permanent representative: MITRUGNO Angélique · Power of attorney6 facts ▸
- General meeting, 05-04-2024
- Auditor appointment, Deloitte Bedrijfsrevisoren (statutory auditor)
- Permanent representative, MITRUGNO Angélique
- Power of attorney, Julien Neyts
- Power of attorney, Nick Huylebroeck
- Power of attorney, Gaël Palmaers
19-03
State Gazette act
Reappointments: Paul LIEVENS (director) and Mathias VAN DE VIJVER (director)Resignation: Marc CROHAIN (director) · Appointments: NAEDOL BV (director) and Mazars Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Julien NEYTS and Sébastien SCHUEREMANS11 facts ▸
State Gazette act
Reappointments: Paul LIEVENS (director) and Mathias VAN DE VIJVER (director)
Resignation: Marc CROHAIN (director) · Appointments: NAEDOL BV (director) and Mazars Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Julien NEYTS and Sébastien SCHUEREMANS11 facts ▸
- General meeting, 27-07-2023
- Director reappointment, Paul LIEVENS (director)
- Director reappointment, Mathias VAN DE VIJVER (director)
- Director resignation, Marc CROHAIN (director)
- Director appointment, NAEDOL BV (director)
- Permanent representative, Julien NEYTS
- Auditor appointment, Mazars Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Sébastien SCHUEREMANS
- Power of attorney, Julien NEYTS
- Power of attorney, Kathleen Verbiest
- Power of attorney, Gaël Palmaers
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 85 days late
12-04
State Gazette act
Statutes amendmentCapital · Power of attorney4 facts ▸
State Gazette act
Statutes amendment
Capital · Power of attorney4 facts ▸
- General meeting, 05-04-2023
- Statutes amendment
- Capital, €762.500
- Power of attorney, Stijn JOYE
2022
26-08
State Gazette act
Resignation: Gabriel Üzgen (director)Appointment: B2B Group NV (class B director) · Permanent representative: Gabriel Üzgen · Power of attorney6 facts ▸
State Gazette act
Resignation: Gabriel Üzgen (director)
Appointment: B2B Group NV (class B director) · Permanent representative: Gabriel Üzgen · Power of attorney6 facts ▸
- General meeting, 24-06-2022
- Director resignation, Gabriel Üzgen (director)
- Director appointment, B2B Group NV (class B director)
- Permanent representative, Gabriel Üzgen
- Power of attorney, Julien Neyts
- Power of attorney, Kathleen Verbiest
Show earlier events
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
25-10
State Gazette act
Reappointment: CVBA-SCRL Mazars Réviseurs d'Entreprises - Bedrijfsrevisoren (statutory auditor)Power of attorney4 facts ▸
State Gazette act
Reappointment: CVBA-SCRL Mazars Réviseurs d'Entreprises - Bedrijfsrevisoren (statutory auditor)
Power of attorney4 facts ▸
- General meeting, 01-06-2021
- Auditor reappointment, CVBA-SCRL Mazars Réviseurs d'Entreprises - Bedrijfsrevisoren
- Power of attorney, Julien Neyts
- Power of attorney, Kathleen Verbiest
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
13-11
State Gazette act
Reappointment: Marc CROHAIN (class B director)2 facts ▸
State Gazette act
Reappointment: Marc CROHAIN (class B director)
2 facts ▸
- General meeting, 01-09-2020
- Director reappointment, Marc CROHAIN (class B director)
19-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-09
State Gazette act
Appointment: CVBA - SCRL MAZARS Réviseurs d'Entreprises Bedrijfsrevisoren (statutory auditor)Permanent representative: Anton Nuttens3 facts ▸
State Gazette act
Appointment: CVBA - SCRL MAZARS Réviseurs d'Entreprises Bedrijfsrevisoren (statutory auditor)
Permanent representative: Anton Nuttens3 facts ▸
- General meeting, 04-05-2018
- Auditor appointment, CVBA - SCRL MAZARS Réviseurs d'Entreprises Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Anton Nuttens
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-10
State Gazette act
Resignations: Tim Bourgonjon (class A director) and Julien Neyts (class A director)Appointments: Paul Lievens (class A director) and Mathias Van de Vijver (class A director)5 facts ▸
State Gazette act
Resignations: Tim Bourgonjon (class A director) and Julien Neyts (class A director)
Appointments: Paul Lievens (class A director) and Mathias Van de Vijver (class A director)5 facts ▸
- General meeting, 29-05-2017
- Director resignation, Tim Bourgonjon (class A director)
- Director resignation, Julien Neyts (class A director)
- Director appointment, Paul Lievens (class A director)
- Director appointment, Mathias Van de Vijver (class A director)
28-07
State Gazette act
Resignations: Hendrik Brouwer (class A director) and François R.A. Job (class A director)Appointments: Tìm Bourgonjon (class A director) and Julien Neyts (class A director) · Registered-office move7 facts ▸
State Gazette act
Resignations: Hendrik Brouwer (class A director) and François R.A. Job (class A director)
Appointments: Tìm Bourgonjon (class A director) and Julien Neyts (class A director) · Registered-office move7 facts ▸
- General meeting, 29-05-2017
- Director resignation, Hendrik Brouwer (class A director)
- Director resignation, François R.A. Job (class A director)
- Director appointment, Tìm Bourgonjon (class A director)
- Director appointment, Julien Neyts (class A director)
- Board meeting, 29-05-2017
- Registered-office move, Gemeenschappenlaan 100, 1200 Sint-Lambrechts-Woluwe
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
15-02
State Gazette act
Reappointment: Uzgen Gabriel Chouha (director)Registered-office move3 facts ▸
State Gazette act
Reappointment: Uzgen Gabriel Chouha (director)
Registered-office move3 facts ▸
- General meeting, 01-04-2016
- Director reappointment, Uzgen Gabriel Chouha (director)
- Registered-office move, Van Putlei 18 te 2018 Antwerpen
2016
31-03
State Gazette act
Capital & sharesCapital increase · Bank account · Capital6 facts ▸
State Gazette act
Capital & shares
Capital increase · Bank account · Capital6 facts ▸
- General meeting, 03-03-2016
- Capital increase, €700.000
- Bank account, 01-03-2016
- Capital, €762.500
- Statutes amendment
- Power of attorney, DESLAGMULDER Dirk Omer Cyriel
2015
20-11
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
- General meeting, 03-04-2015
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2014
17-09
State Gazette act
Reappointments: François R.A. Job (class A director) and Marc P. Crohain (class B director)3 facts ▸
State Gazette act
Reappointments: François R.A. Job (class A director) and Marc P. Crohain (class B director)
3 facts ▸
- General meeting, 04/04/2014
- Director reappointment, François R.A. Job (class A director)
- Director reappointment, Marc P. Crohain (class B director)
17-09
State Gazette act
Resignation: Bernard M.R.L. Thienpont (class A director)Appointment: Hendrik G. Brouwer (class A director) · Director discharge4 facts ▸
State Gazette act
Resignation: Bernard M.R.L. Thienpont (class A director)
Appointment: Hendrik G. Brouwer (class A director) · Director discharge4 facts ▸
- General meeting, 10-02-2014
- Director resignation, Bernard M.R.L. Thienpont (class A director)
- Director discharge, Bernard M.R.L. Thienpont
- Director appointment, Hendrik G. Brouwer (class A director)
2012
25-07
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)2 facts ▸
State Gazette act
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2 facts ▸
- General meeting, 13-04-2012
- Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 directors, no change since 2026
JDN
CurrentDirector · since 02-03-2026 · Private limited company · perm. rep.: Julie De Nul
Jan De Nul
CurrentChair of the board · since 16-01-2025 · Public limited company · perm. rep.: Jan Pieter J. De Nul
B2B Group NV
CurrentClass B director · since 24-06-2022 · Legal entity · perm. rep.: Gabriel Üzgen
VAN dE VIJVER Mathias
CurrentDirector · since 29-05-2017
Julien Neyts
Not recently confirmedClass A director · since 29-05-2017
Tim Bourgonjon
Not recently confirmedClass A director · since 29-05-2017
3 other directors
Uzgen Gabriel Chouha
Not recently confirmedDirector · since 01-04-2016
Hendrik G. Brouwer
Not recently confirmedClass A director · since 07-02-2014
Marc P. Crohain
Not recently confirmedClass B director · since 04-04-2014
02-03-2026
JDN: Appointed as Director
02-03-2026
JDN: Appointed as Managing director
02-03-2026
DE NUL Julie: Resigned as Director
02-03-2026
DE NUL Julie: Resigned as Managing director
16-06-2025
Jan De Nul: Appointed as Chair of the board
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2009
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.
Tragel 609308 AalstGround area
2.6 ha
Building footprint
2,916 m²
Volume, LiDAR
39,884 m³
2 parcels, Brussels, Flanders · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Denderoever
since 20092.175.893.805
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41029B0523/00S000 | Flanders | 2.3 ha | 1 · 1,845 m² | 14.0 m · 3 fl. |
| 21018A0151/00E000 | Brussels | 2,591 m² | 1 · 1,070 m² | 27.7 m · 8 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.
Statutory auditor
2 auditors| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESCurrent Statutory auditor · represented by Sam Vander Vennet | 16-01-2025 → present |
| Deloitte Bedrijfsrevisoren/Réviseurs d’EntreprisesCurrent Statutory auditor · represented by MITRUGNO Angélique | 05-04-2024 → present |
Show 4 earlier auditors
| CVBA - SCRL MAZARS Réviseurs d'Entreprises - Bedrijfsrevisoren Statutory auditor · represented by Anton Nuttens succeeded by CVBA-SCRL Mazars Réviseurs d'Entreprises - Bedrijfsrevisoren in 2021 | 04-05-2018 → 01-06-2021 |
| CVBA-SCRL Mazars Réviseurs d'Entreprises - Bedrijfsrevisoren Auditor succeeded by Forvis Mazars Réviseurs d’Entreprises in 2023 | 01-06-2021 → 27-07-2023 |
| Ernst & Young Bedrijfsrevisoren BCVBA Statutory auditor succeeded by CVBA - SCRL MAZARS Réviseurs d'Entreprises - Bedrijfsrevisoren in 2018 | 13-04-2012 → 04-05-2018 |
| Forvis Mazars Réviseurs d’Entreprises Statutory auditor · represented by Sébastien SCHUEREMANS succeeded by BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES in 2025 | 27-07-2023 → 16-01-2025 |
Articles of association
Purpose
Beheer van alle roerende en onroerende goederen; beleggen in, verwerven en beheren van onroerend vermogen; beheren en aanleggen van roerende en onroerende vermogens; toestaan van…
Full purpose
Beheer van alle roerende en onroerende goederen; beleggen in, verwerven en beheren van onroerend vermogen; beheren en aanleggen van roerende en onroerende vermogens; toestaan van leningen; nemen van belangen in ondernemingen; uitvoeren van functie van bestuurder of vereffenaar; verlenen van advies en consultancy
Structure & network
Connections & network
7 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Shared corporate director
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Show 3 more companies with a shared director
Shared corporate director
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Shared corporate director
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Shared corporate director
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Capital and shareholders
Shareholders according to the acts
After the capital increase
act of 31-03-2016 ↗
- BREEVAST DEVELOPMENT BELGIUM 350,000 EUR
- BESIX REAL ESTATE DEVELOPMENT 350,000 EUR
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 03-03-2025 Capital stated in 2 acts · 762,500 EUR · 6,250 shares
- 31-03-2016 Capital increase of 700,000 EUR · to 762,500 EUR · in cash
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,346 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 formPublic limited company
Founded30-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.