ACTIVE

DE DEN

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Financial year 2024 · closed on 31/12/2024

Net result

4,3 M €

+65.7% YoY

Gross margin

-40,4 k €

-4.2% YoY

Equity

65,7 M €

+0.8% YoY

What does DE DEN do?

DE DEN is a Public limited company incorporated in 1990. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.827.782

Incorporation

16/05/1990

Legal form

Public limited company

Registered office

Langerei 4-5-6
8000 Brugge · FlandreSee on map

Contributed capital

25 294 026,57 €

Latest accounts

31/12/2024

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflow

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2024		2023		2022		2021		2018		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-40,4 k €	-4.2%	-38,8 k €	-24.3%	-31,2 k €	+8.1%	-33,9 k €	-18.6%	-28,6 k €	+10.1%	-31,8 k €	+8.0%	-34,6 k €	-32.3%	-26,1 k €	-1.2%	-25,8 k €	-198%	-8,7 k €	+81.3%	-46,4 k €	-374%	-9,8 k €	+76.8%	-42,2 k €	-327%	-9,9 k €	-129%	-4,3 k €
EBITDA	-131 k €	-10.6%	-118,4 k €	-5.8%	-111,9 k €	+11.1%	-125,9 k €	-303%	-31,3 k €	+4.8%	-32,8 k €	+7.7%	-35,6 k €	-31.1%	-27,1 k €	-1.0%	-26,9 k €	-177%	-9,7 k €	+79.5%	-47,4 k €	-339%	-10,8 k €	+74.9%	-43,1 k €	-298%	-10,9 k €	-105%	-5,3 k €
Operating result	-131 k €	-10.6%	-118,4 k €	-5.8%	-111,9 k €	+11.1%	-125,9 k €	-303%	-31,3 k €	+4.8%	-32,8 k €	+7.7%	-35,6 k €	-31.1%	-27,1 k €	-1.0%	-26,9 k €	-177%	-9,7 k €	+79.5%	-47,4 k €	-339%	-10,8 k €	+74.9%	-43,1 k €	-298%	-10,9 k €	-105%	-5,3 k €
Net result	4,3 M €	+65.7%	2,6 M €	+1001%	-290,4 k €	-117%	1,7 M €	+1020%	-187,6 k €	-104%	4,8 M €	-16.4%	5,7 M €	+531%	903,6 k €	-69.2%	2,9 M €	+244%	-2 M €	-196%	2,1 M €	-46.9%	4 M €	+201%	-4 M €	-796%	573,8 k €	-98.4%	36 M €
Balance sheet
Equity	65,7 M €	+0.8%	65,2 M €	-1.8%	66,3 M €	-4.1%	69,2 M €	-4.4%	72,3 M €	-11.1%	81,3 M €	+6.2%	76,6 M €	+2.3%	74,9 M €	+1.2%	74 M €	-2.3%	75,7 M €	-2.6%	77,7 M €	-0.3%	78 M €	+3.3%	75,5 M €	-5.0%	79,5 M €	-0.2%	79,6 M €
Total assets	77,7 M €	+2.5%	75,8 M €	+4.1%	72,9 M €	-13.7%	84,4 M €	+6.8%	79 M €	-11.1%	88,8 M €	-0.8%	89,5 M €	+6.9%	83,7 M €	+0.0%	83,7 M €	+5.3%	79,5 M €	-4.4%	83,1 M €	+4.7%	79,4 M €	+3.8%	76,5 M €	-5.7%	81,2 M €	+1.4%	80 M €
Cash	2,3 M €	+11.1%	2,1 M €	-92.4%	27,4 M €	-5.5%	29 M €	+8.8%	26,7 M €	+98.6%	13,4 M €	+178%	4,8 M €	-39.5%	8 M €	+690%	1 M €	-94.0%	16,9 M €	-12.4%	19,3 M €	+362%	4,2 M €	+37103%	11,2 k €	-72.7%	41,1 k €	-99.9%	64,4 M €
Debts	3,1 M €	-14.5%	3,6 M €	+26.5%	2,9 M €	+14.9%	2,5 M €	-21.3%	3,2 M €	+39.9%	2,3 M €	-60.2%	5,7 M €	+639%	772,5 k €	-76.1%	3,2 M €	+521%	521,1 k €	-75.9%	2,2 M €	+1946%	105,5 k €	-77.1%	459,7 k €	+4.8%	438,7 k €	+6.5%	412 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 30 ended

Active mandates

Carmen Cordier

Managing director

Active

Daisy Cordier

Director

Active

Paul Cordier

Director

Active

Paula Vancoppenolle

Director

Active

Ended mandates

Carmen Cordier

Managing director · since 21 juin 2019 · until 20 juin 2025

Ended

Daisy Cordier

Director · since 21 juin 2019 · until 20 juin 2025

Ended

Paul Cordier

Director · since 21 juin 2019 · until 20 juin 2025

Ended

Paula Vancoppenolle

Director · since 21 juin 2019 · until 20 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
ART● Active	0440.809.966
COVA-INVEST● Active	0427.433.270

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2025	21/06/2024	21/06/2023	30/06/2022	26/07/2021	03/07/2020
General meeting	17/06/2025	16/06/2024	20/06/2023	28/06/2022	21/07/2021	30/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	17/06/2025	18/06/2025	Dutch	PDF
Abridged model	31/12/2023	16/06/2024	21/06/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	28/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	21/07/2021	26/07/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	03/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	05/07/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	04/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	13/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	28/07/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	18/07/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 30 ended

Active mandates

Carmen Cordier

Managing director

Active

Daisy Cordier

Director

Active

Paul Cordier

Director

Active

Paula Vancoppenolle

Director

Active

Ended mandates

Carmen Cordier

Managing director · since 21 juin 2019 · until 20 juin 2025

Ended

Daisy Cordier

Director · since 21 juin 2019 · until 20 juin 2025

Ended

Paul Cordier

Director · since 21 juin 2019 · until 20 juin 2025

Ended

Paula Vancoppenolle

Director · since 21 juin 2019 · until 20 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other04/01/2024
DOEL
PDF
Other28/10/2019
DIVERSEN
PDF
Capital / shares17/09/2019
KAPITAAL - AANDELEN
PDF
Mandates11/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/11/2018
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares16/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares19/02/2016
KAPITAAL - AANDELEN
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

17/06/2025
reconductionDaisy Cordier — bestuurder
17/06/2025
reconductionPaul Cordier — bestuurder
17/06/2025
reconductionCarmen Cordier — bestuurder
17/06/2025
reconductionPaula Vancoppenolle — bestuurder
2024
Annual accounts 20244,3 M €↑
2023
Annual accounts 20232,6 M €↑
2022
Annual accounts 2022-290,4 k €↓
2021
Annual accounts 20211,7 M €↑
2018
Annual accounts 2018-187,6 k €↓
2015
Annual accounts 20154,8 M €↓
2014
Annual accounts 20145,7 M €↑
2013
Annual accounts 2013903,6 k €↓
2012
Annual accounts 20122,9 M €↑
2011
Annual accounts 2011-2 M €↓
2010
Annual accounts 20102,1 M €↓
2009
Annual accounts 20094 M €↑
2008
Annual accounts 2008-4 M €↓
2007
Annual accounts 2007573,8 k €↓
2006
Annual accounts 200636 M €
16/05/1990
IncorporationPublic 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

DE DEN

Overview

What does DE DEN do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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