ACTIVE

Denico

Financial year 2025 · closed on 30/09/2025
Net result
-3,9 k €
-351.9% YoY
Gross margin
-2,6 k €
+0.2% YoY
Equity
262,8 k €
-1.5% YoY

What does Denico do?

Denico is a Public limited company incorporated in 1973. Its registered office is in Waregem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.877.620
Incorporation
14/12/1973
Legal form
Public limited company
Registered office
Kortrijkseweg 226 box 21
8791 Waregem · FlandreSee on map
Contributed capital
185 920,14 €
Latest accounts
30/09/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212007
Income statement
Gross margin-2,6 k €-2,7 k €-7,8 k €-2,2 k €-1,1 k €-2,4 k €
EBITDA-3,3 k €-3,3 k €-8,4 k €-2,8 k €-1,7 k €-3,5 k €
Operating result-3,9 k €-3,9 k €-8,4 k €-2,8 k €-1,7 k €-3,9 k €
Net result-3,9 k €1,6 k €-8,5 k €-2,6 k €-681,2 €2,7 k €
Balance sheet
Equity262,8 k €266,7 k €265,1 k €273,6 k €276,2 k €203,7 k €
Total assets263,7 k €268,7 k €268,3 k €277,7 k €280,4 k €204,3 k €
Cash101,8 k €106,1 k €56,7 k €14 k €13,9 k €143 €
Debts437,4 €1,6 k €2,7 k €3,6 k €3,7 k €139 €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 24 ended

Active mandates

Arsène Fleurent

Managing director · since 23 février 2025 · until 07 mars 2031

Active
Karla Fleurent

Director · since 23 février 2025 · until 07 mars 2031

Active
Steven Fleurent

Director · since 23 février 2025 · until 07 mars 2031

Active

Ended mandates

Arsène Fleurent

Managing director · since 11 avril 2020 · until 07 mars 2025

Ended
Karla Fleurent

Director · since 11 avril 2020 · until 07 mars 2025

Ended
Steven Fleurent

Director · since 11 avril 2020 · until 07 mars 2025

Ended
Arsène Fleurent

Managing director · since 06 mars 2015 · until 06 mars 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
FLEVANActive
0429.259.345
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/04/202617/03/202518/04/202403/04/202328/04/202221/04/2021
General meeting13/03/202624/02/202526/03/202403/03/202320/04/202220/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202513/03/202607/04/2026DutchPDF
Abridged model30/09/202424/02/202517/03/2025DutchPDF
Abridged model30/09/202326/03/202418/04/2024DutchPDF
Abridged model30/09/202203/03/202303/04/2023DutchPDF
Abridged model30/09/202120/04/202228/04/2022DutchPDF
Abridged model30/09/202020/04/202121/04/2021DutchPDF
Abridged model30/09/201911/04/202028/04/2020DutchPDF
Abridged model30/09/201829/03/201917/04/2019DutchPDF
Abridged model30/09/201702/03/201805/04/2018DutchPDF
Abridged model30/09/201603/03/201715/03/2017DutchPDF
Abridged model30/09/201505/02/201611/03/2016DutchPDF
Abridged model30/09/201406/03/201525/03/2015DutchPDF
Abridged model30/09/201307/03/201424/04/2014DutchPDF
Abridged model30/09/201201/03/201320/03/2013DutchPDF
Abridged model30/09/201105/04/201211/05/2012DutchPDF
Abridged model30/09/201012/04/201117/06/2011DutchPDF
Abridged model30/09/200929/03/201023/04/2010DutchPDF
Abridged model30/09/200806/03/200916/03/2009DutchPDF
Abridged model30/09/200720/03/200815/04/2008DutchPDF
Abridged model30/09/200602/03/200721/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 24 ended

Active mandates

Arsène Fleurent

Managing director · since 23 février 2025 · until 07 mars 2031

Active
Karla Fleurent

Director · since 23 février 2025 · until 07 mars 2031

Active
Steven Fleurent

Director · since 23 février 2025 · until 07 mars 2031

Active

Ended mandates

Arsène Fleurent

Managing director · since 11 avril 2020 · until 07 mars 2025

Ended
Karla Fleurent

Director · since 11 avril 2020 · until 07 mars 2025

Ended
Steven Fleurent

Director · since 11 avril 2020 · until 07 mars 2025

Ended
Arsène Fleurent

Managing director · since 06 mars 2015 · until 06 mars 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL
    PDF
  • Mandates23/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/09/2013
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/05/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/12/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/05/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3,9 k €
  2. 2024
    Annual accounts 20241,6 k €
  3. 2023
    Annual accounts 2023-8,5 k €
  4. 2022
    Annual accounts 2022-2,6 k €
  5. 2021
    Annual accounts 2021-681,2 €
  6. 2007
    Annual accounts 20072,7 k €
  7. 14/12/1973
    IncorporationPublic limited company