ACTIVE

Denys

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Financial year 2025 · Closed on 31/12/2025

Net result38,2 M €+772,2 %over 1 year
Revenue506,3 M €+38,4 %over 1 year
Equity103,8 M €+60,3 %over 1 year
Workforce969,3 ETP+7,8 %over 1 year

Identity

Source · BCE/KBO

Denys is a Public limited company incorporated in 1976. Its main activity is: Construction of utility projects for fluids. Its registered office is in Gent. It employs on average 969,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.585.801
Incorporation
24/11/1976
Legal form
Public limited company
Registered office
Industrieweg 124
9032 Gent · FlandreSee on map
Contributed capital
5 291 000,00 €
Latest accounts
31/12/2025
Average workforce
969,3 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue506,3 M €365,9 M €326,3 M €262,3 M €314,9 M €
EBITDA50,6 M €16,7 M €13,7 M €11,3 M €13,5 M €
Operating result44,6 M €2,3 M €7,1 M €8,7 M €5,9 M €
Net result38,2 M €4,4 M €5,4 M €6 M €1,5 M €
Balance sheet
Equity103,8 M €64,7 M €68,1 M €62,7 M €61,7 M €
Total assets528,9 M €374,9 M €222,6 M €212,7 M €214,5 M €
Cash37,4 M €16,5 M €13,2 M €36,9 M €29 M €
Debts411,1 M €296,6 M €147,3 M €143,3 M €144,5 M €
Other
Workforce969,3 ETP899,5 ETP968,4 ETP814,8 ETP839,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 32 ended

Active mandates

BART DE LAERE

Director · since 29 avril 2025 · until 05 juin 2029

Active
GEERT DHONT

Director · since 29 avril 2025 · until 05 juin 2029

Active
LUC HOPPENBROUWERS

Director · since 29 avril 2025 · until 05 juin 2029

Active
COFINCO

Director · since 29 janvier 2023 · until 29 avril 2025 · 0464.397.495

Represented by Michel Prof.Em.Dr. VAN HECKE

Active
JAN VAN BERGEIJK

Director · since 29 janvier 2023 · until 29 avril 2025

Active
JOHAN VAN WASSENHOVE

Managing director · since 29 janvier 2023 · until 05 juin 2029

Active

Ended mandates

COFINCO

Director · since 29 janvier 2023 · until 29 janvier 2029 · 0464.397.495

Represented by Michel Prof.Em.Dr. VAN HECKE

Ended
COFINCO

Director · since 29 janvier 2023 · until 29 janvier 2029 · 0464.397.495

Represented by Michel Prof.Em.Dr. VAN HECKE

Ended
JAN VAN BERGEIJK

Director · since 29 janvier 2023 · until 29 janvier 2029

Ended
JOHAN VAN WASSENHOVE

Managing director · since 29 janvier 2023 · until 29 janvier 2029

Ended

Other companies at this address

Industrieweg 124 9032 Gent
CompanyCBE no.
Abscis / Denys - Jan Snel / Denys Support● Active
0759.879.192
Denys - Jan Snel● Active
0759.877.511
Denys-Sogea● Active
0746.752.421
DENYS SUPPORT● Active
0508.751.736
Future Foundations● Active
0644.842.934
Hamaco● Active
0753.388.508
JV CUBE● Active
1030.740.212
LIVAN MAINTENANCE● Active
0537.239.943
MAINSPORT THV● Active
0544.604.124
Metis I Maldegem● Active
1015.427.177
SM DENYS - BESIX GO4ZERO● Active
1013.758.084
SM WUST - DENYS Grand Théâtre à Verviers● Active
1003.376.314
THV Cafasso Construction● Active
0543.967.189
thv CIT BLATON-DENIJS● Active
0699.597.751
THV Democo - Denys Provinciehuis-Antwerpen● Active
0562.806.173
THV Denys - Building - Democo● Active
0589.957.760
THV DENYS - DE WITTE - IPARC● Active
0651.791.597
thv denys-visser & smit hanab● Active
0711.783.525
THV IDIB● Active
0533.948.178
TM DEFDEN● Active
1011.120.377

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/06/202615/07/202503/07/202403/07/202329/06/202212/08/2021
General meeting23/06/202627/06/202526/06/202427/06/202324/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202624/06/2026DutchPDF
Full model31/12/202427/06/202515/07/2025DutchPDF
Full model31/12/202326/06/202403/07/2024DutchPDF
Full model31/12/202227/06/202303/07/2023DutchPDF
Full modelCorrection31/12/202124/06/202221/06/2023DutchPDF
Full model31/12/202124/06/202229/06/2022DutchPDF
Full model31/12/202022/06/202112/08/2021DutchPDF
Full model31/12/201919/06/202007/08/2020DutchPDF
Full model31/12/201804/06/201911/06/2019DutchPDF
Full model31/12/201705/06/201821/06/2018DutchPDF
Full model31/12/201606/06/201729/06/2017DutchPDF
Full model31/12/201507/06/201628/06/2016DutchPDF
Full model31/12/201402/06/201513/07/2015DutchPDF
Full model31/12/201303/06/201419/06/2014DutchPDF
Full model31/12/201204/06/201324/06/2013DutchPDF
Full model31/12/201105/06/201222/06/2012DutchPDF
Full model31/12/201007/06/201120/06/2011DutchPDF
Full model31/12/200901/06/201011/06/2010DutchPDF
Full model31/12/200816/06/200909/07/2009DutchPDF
Full model31/12/200703/06/200826/06/2008DutchPDF
Full model31/12/200619/06/200706/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 32 ended

Active mandates

BART DE LAERE

Director · since 29 avril 2025 · until 05 juin 2029

Active
GEERT DHONT

Director · since 29 avril 2025 · until 05 juin 2029

Active
LUC HOPPENBROUWERS

Director · since 29 avril 2025 · until 05 juin 2029

Active
COFINCO

Director · since 29 janvier 2023 · until 29 avril 2025 · 0464.397.495

Represented by Michel Prof.Em.Dr. VAN HECKE

Active
JAN VAN BERGEIJK

Director · since 29 janvier 2023 · until 29 avril 2025

Active
JOHAN VAN WASSENHOVE

Managing director · since 29 janvier 2023 · until 05 juin 2029

Active

Ended mandates

COFINCO

Director · since 29 janvier 2023 · until 29 janvier 2029 · 0464.397.495

Represented by Michel Prof.Em.Dr. VAN HECKE

Ended
COFINCO

Director · since 29 janvier 2023 · until 29 janvier 2029 · 0464.397.495

Represented by Michel Prof.Em.Dr. VAN HECKE

Ended
JAN VAN BERGEIJK

Director · since 29 janvier 2023 · until 29 janvier 2029

Ended
JOHAN VAN WASSENHOVE

Managing director · since 29 janvier 2023 · until 29 janvier 2029

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF

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 202538,2 M €↑
  2. 07/11/2025
    nominationBST Bedrijfsrevisoren BV — Commissaris
  3. 07/11/2025
    nominationLom Verheyde — Commissaris
  4. 07/11/2025
    nominationBenoit Steinier — Commissaris
  5. 29/04/2025
    nominationLuc Hoppenbrouwers — bestuurder
  6. 29/04/2025
    nominationBart De Laere — bestuurder
  7. 29/04/2025
    nominationGeert Dhont — bestuurder
  8. 21/01/2025
    nominationLom Verheyde — vertegenwoordiger van BST Bedrijfsrevisoren BVBA (College van Commissarissen)
  9. 2024
    Annual accounts 20244,4 M €↓
  10. 2023
    Annual accounts 20235,4 M €↓
  11. 21/03/2023
    nominationJohan Van Wassenhove — gedelegeerd bestuurder
  12. 29/01/2023
    nominationJohan Van Wassenhove — dagelijks bestuur
  13. 29/01/2023
    nominationJohan Van Wassenhove — bestuurder
  14. 29/01/2023
    nominationJan van Bergeijk — bestuurder
  15. 29/01/2023
    nominationCofinco NV — bestuurder
  16. 2022
    Annual accounts 20226 M €↑
  17. 24/06/2022
    nominationWim Hendrickx — vaste vertegenwoordiger (College van Commissarissen)
  18. 24/06/2022
    nominationTony Groessens — vaste vertegenwoordigers (College van Commissarissen)
  19. 2021
    Annual accounts 20211,5 M €↓
  20. 2018
    Annual accounts 20185 M €↓
  21. 2017
    Annual accounts 20177 M €↑
  22. 2016
    Annual accounts 2016-109,1 k €↓
  23. 2015
    Annual accounts 20154,4 M €↓
  24. 2014
    Annual accounts 20145,3 M €↓
  25. 2013
    Annual accounts 20137,1 M €↓
  26. 2012
    Annual accounts 20128,5 M €↑
  27. 2011
    Annual accounts 20116,7 M €↓
  28. 2010
    Annual accounts 201011,7 M €↑
  29. 2009
    Annual accounts 20099,4 M €↓
  30. 2008
    Annual accounts 200810,4 M €↑
  31. 2007
    Annual accounts 20076,9 M €↑
  32. 2006
    Annual accounts 20066,5 M €
  33. 24/11/1976
    IncorporationPublic limited company