ACTIVE

Studio DENN

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Financial year 2025 · closed on 31/12/2025

Net result

96,8 k €

+57.3% YoY

Gross margin

197,9 k €

+27.2% YoY

Equity

648,5 k €

+17.6% YoY

What does Studio DENN do?

Studio DENN is a Private limited company incorporated in 1988. Its registered office is in Meise.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.892.678

Incorporation

30/03/1988

Legal form

Private limited company

Registered office

Nieuwelaan 200
1860 Meise · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	197,9 k €	+27.2%	155,6 k €	-0.2%	155,9 k €	+10.6%	141 k €	-11.3%	158,9 k €	+390%	32,4 k €	-67.9%	100,9 k €	-50.7%	204,7 k €	-17.6%	248,3 k €	+26.2%	196,7 k €	-20.0%	245,9 k €	+67.9%	146,4 k €	-25.0%	195,1 k €	+38.9%	140,4 k €	+0.3%	140 k €	+5.5%	132,8 k €	+177%	47,9 k €	-39.1%	78,7 k €	+439%	14,6 k €
EBITDA	190 k €	+27.5%	149 k €	-1.3%	151 k €	+12.5%	134,2 k €	-8.5%	146,6 k €	+420%	28,2 k €	-70.8%	96,6 k €	-52.2%	201,9 k €	-17.9%	245,8 k €	+27.5%	192,7 k €	-20.8%	243,2 k €	+70.3%	142,8 k €	-26.0%	192,9 k €	+39.4%	138,4 k €	+0.1%	138,2 k €	+5.1%	131,5 k €	+200%	43,8 k €	-41.7%	75,2 k €	+461%	13,4 k €
Operating result	149,7 k €	+50.7%	99,4 k €	+1.7%	97,7 k €	+15.0%	85 k €	-13.7%	98,4 k €	+480%	-25,9 k €	-164%	40,4 k €	-73.3%	151,2 k €	-29.1%	213,1 k €	+33.6%	159,5 k €	-23.8%	209,3 k €	+91.0%	109,6 k €	-30.1%	156,8 k €	+52.1%	103,1 k €	-6.1%	109,9 k €	+24.4%	88,3 k €	+136%	37,4 k €	-46.1%	69,4 k €	+679%	8,9 k €
Net result	96,8 k €	+57.3%	61,6 k €	+2.9%	59,8 k €	+21.9%	49,1 k €	-38.1%	79,4 k €	+338%	-33,4 k €	-247%	22,6 k €	-76.8%	97,6 k €	-18.8%	120,1 k €	+32.1%	90,9 k €	-23.6%	119 k €	+87.1%	63,6 k €	-49.7%	126,5 k €	+97.4%	64 k €	-3.6%	66,5 k €	+16.1%	57,3 k €	+197%	19,2 k €	-58.4%	46,3 k €	+420%	8,9 k €
Balance sheet
Equity	648,5 k €	+17.6%	551,7 k €	+12.6%	490,1 k €	-10.7%	549,1 k €	-6.9%	589,7 k €	-6.1%	628,1 k €	-5.0%	661,5 k €	-5.2%	697,8 k €	+16.3%	600,2 k €	+25.5%	478,4 k €	+23.5%	387,4 k €	+44.4%	268,4 k €	+31.1%	204,8 k €	-20.7%	258,3 k €	+33.0%	194,3 k €	+52.0%	127,8 k €	+81.1%	70,6 k €	+37.5%	51,3 k €	+924%	5 k €
Total assets	1,4 M €	+4.5%	1,3 M €	-6.3%	1,4 M €	-1.2%	1,4 M €	-8.9%	1,6 M €	-1.1%	1,6 M €	+65.1%	954,5 k €	-1.4%	968 k €	+2.2%	946,9 k €	+3.7%	912,8 k €	-0.1%	914,1 k €	+8.1%	845,3 k €	+3.5%	816,7 k €	+10.9%	736,4 k €	+62.8%	452,4 k €	+20.1%	376,5 k €	+287%	97,4 k €	-5.7%	103,3 k €	+47.9%	69,8 k €
Cash	66,6 k €	+397%	13,4 k €	-87.0%	103,4 k €	-6.2%	110,3 k €	-41.5%	188,6 k €	+11.5%	169,3 k €	-61.2%	436,3 k €	+27.3%	342,8 k €	-3.5%	355,3 k €	+108%	171 k €	-30.3%	245,2 k €	+48.7%	165 k €	+13.2%	145,7 k €	+39.2%	104,7 k €	+57.2%	66,6 k €	-31.5%	97,1 k €	+173%	35,6 k €	-60.0%	89 k €	+3518%	2,5 k €
Debts	724,4 k €	-5.0%	762,3 k €	-16.5%	912,7 k €	+4.8%	870,9 k €	-9.4%	960,9 k €	+1.4%	947,5 k €	+223%	293 k €	+8.5%	270,2 k €	-22.1%	346,7 k €	-20.2%	434,4 k €	-17.5%	526,7 k €	-8.7%	576,9 k €	-5.7%	611,9 k €	+28.0%	478,1 k €	+86.1%	256,8 k €	+4.6%	245,6 k €	+1430%	16,1 k €	-51.1%	32,8 k €	-49.4%	64,8 k €

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 31/12/2025 · 2 active · 2 ended

Active mandates

Dirk De Brandt

Director

Active

Nathalie Mycke

Director

Active

Ended mandates

Dirk De Brandt

Manager

Ended

Nathalie Mycke

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	30/06/2025	31/07/2024	29/06/2023	13/06/2022	10/06/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	09/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/05/2026	30/07/2026	Dutch	PDF
Micro model	31/12/2024	21/05/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	15/05/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	17/05/2023	29/06/2023	Dutch	PDF
Micro model	31/12/2021	18/05/2022	13/06/2022	Dutch	PDF
Micro model	31/12/2020	09/06/2021	10/06/2021	Dutch	PDF
Micro model	31/12/2019	20/05/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	15/05/2019	12/06/2019	Dutch	PDF
Micro model	31/12/2017	16/05/2018	27/06/2018	Dutch	PDF
Abridged model	31/12/2016	17/05/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/05/2016	05/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/05/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	21/05/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	22/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/05/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	19/05/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	15/06/2007	Dutch	PDF

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 31/12/2025 · 2 active · 2 ended

Active mandates

Dirk De Brandt

Director

Active

Nathalie Mycke

Director

Active

Ended mandates

Dirk De Brandt

Manager

Ended

Nathalie Mycke

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/06/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/11/2020
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2007
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/01/2007
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/05/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/02/2004
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 202596,8 k €↑
2024
Annual accounts 202461,6 k €↑
2023
Annual accounts 202359,8 k €↑
2022
Annual accounts 202249,1 k €↓
2021
Annual accounts 202179,4 k €↑
2020
Annual accounts 2020-33,4 k €↓
2020
Name changeStudio Denn
2019
Annual accounts 201922,6 k €↓
2018
Annual accounts 201897,6 k €↓
2017
Annual accounts 2017120,1 k €↑
2016
Annual accounts 201690,9 k €↓
2015
Annual accounts 2015119 k €↑
2014
Annual accounts 201463,6 k €↓
2013
Annual accounts 2013126,5 k €↑
2012
Annual accounts 201264 k €↓
2011
Annual accounts 201166,5 k €↑
2010
Annual accounts 201057,3 k €↑
2009
Annual accounts 200919,2 k €↓
2008
Annual accounts 200846,3 k €↑
2007
Annual accounts 20078,9 k €
2007
Name changeLICOM
30/03/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Studio DENN

Overview

What does Studio DENN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline