ACTIVE

DENSO Belgium

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Financial year 2025 · closed on 31/03/2025

Net result

248 k €

-0.5% YoY

Gross margin

6,6 M €

+8.2% YoY

Equity

1,5 M €

+19.5% YoY

Workforce

40,9 ETP

+9.9% YoY

What does DENSO Belgium do?

DENSO Belgium is a Public limited company incorporated in 2000. Its main activity is: Wholesale trade of motor vehicle parts and accessories. Its registered office is in Zaventem. It employs on average 40,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.476.814

Incorporation

21/03/2000

Legal form

Public limited company

Registered office

Hermeslaan 11
1932 Zaventem · FlandreSee on map

Contributed capital

330 000,00 €

Latest accounts

31/03/2025

Average workforce

40,9 ETP

Activities (NACE)

45310Wholesale trade of motor vehicle parts and accessories· main 46720Wholesale of metals and metal ores 50301Inland passenger water transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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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	6,6 M €	+8.2%	6,1 M €	+9.4%	5,6 M €	+22.2%	4,6 M €	+4.1%	4,4 M €	-7.6%	4,8 M €	-2.3%	4,9 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	447,3 k €	+6.5%	419,9 k €	+17.5%	357,5 k €	+6.4%	336 k €	+3.3%	325,3 k €	-11.0%	365,6 k €	-17.8%	444,8 k €	+19.4%	372,6 k €	-6.9%	400 k €	+18.4%	337,7 k €	-24.5%	447,5 k €	+53.0%	292,5 k €	-42.5%	509 k €	+21.0%	420,8 k €	-5.1%	443,2 k €	+8.8%	407,6 k €	-21.6%	520,1 k €	+9.9%	473,1 k €	-9.5%	522,6 k €
Operating result	390,2 k €	+6.5%	366,5 k €	+18.9%	308,3 k €	+8.4%	284,5 k €	+4.1%	273,4 k €	-12.4%	312,2 k €	-21.5%	397,8 k €	+21.8%	326,6 k €	-5.1%	344,1 k €	+16.0%	296,7 k €	-28.3%	414,1 k €	+74.8%	236,9 k €	-44.8%	429,5 k €	+25.7%	341,7 k €	-3.8%	355,2 k €	+21.8%	291,7 k €	-26.8%	398,6 k €	+11.0%	359,3 k €	-6.8%	385,5 k €
Net result	248 k €	-0.5%	249,3 k €	+45.3%	171,6 k €	-0.5%	172,5 k €	+27.6%	135,2 k €	-11.9%	153,3 k €	-32.9%	228,4 k €	+52.9%	149,4 k €	-15.2%	176,2 k €	+27.5%	138,2 k €	-43.9%	246,2 k €	+108%	118,5 k €	-51.2%	242,9 k €	+34.2%	180,9 k €	-10.6%	202,4 k €	-5.0%	213 k €	-16.8%	255,9 k €	+26.0%	203,1 k €	-25.1%	271,1 k €
Balance sheet
Equity	1,5 M €	+19.5%	1,3 M €	0.0%	1,3 M €	0.0%	1,3 M €	0.0%	1,3 M €	0.0%	1,3 M €	0.0%	1,3 M €	0.0%	1,3 M €	-0.3%	1,3 M €	+0.1%	1,3 M €	+0.0%	1,3 M €	+0.0%	1,3 M €	-0.0%	1,3 M €	-0.0%	1,3 M €	-0.0%	1,3 M €	-0.0%	1,3 M €	0.0%	1,3 M €	-0.1%	1,3 M €	+0.0%	1,3 M €
Total assets	3,1 M €	+6.6%	2,9 M €	-13.8%	3,4 M €	+40.2%	2,4 M €	+7.6%	2,2 M €	-16.3%	2,7 M €	-4.9%	2,8 M €	-13.7%	3,3 M €	+3.7%	3,1 M €	-6.4%	3,3 M €	+15.3%	2,9 M €	+7.0%	2,7 M €	-6.3%	2,9 M €	+1.1%	2,9 M €	+7.2%	2,7 M €	+3.5%	2,6 M €	-13.0%	3 M €	+13.9%	2,6 M €	+6.9%	2,4 M €
Cash	37,6 k €	-25.9%	50,8 k €	-9.0%	55,9 k €	-33.3%	83,7 k €	-60.3%	210,6 k €	-36.8%	333,4 k €	+80.1%	185,2 k €	+7661%	2,4 k €	-98.1%	125 k €	+12.8%	110,9 k €	-71.2%	384,3 k €	+481%	66,2 k €	-29.3%	93,6 k €	+422%	17,9 k €	-80.0%	89,7 k €	+91.0%	46,9 k €	-31.4%	68,4 k €	-57.1%	159,6 k €	+10.0%	145,1 k €
Debts	1,5 M €	-0.7%	1,5 M €	-22.6%	2 M €	+87.9%	1,1 M €	+22.5%	861 k €	-32.2%	1,3 M €	-12.1%	1,4 M €	-25.2%	1,9 M €	+7.3%	1,8 M €	-10.1%	2 M €	+29.5%	1,5 M €	+15.0%	1,3 M €	-17.2%	1,6 M €	+2.0%	1,6 M €	+13.8%	1,4 M €	+7.0%	1,3 M €	-22.7%	1,7 M €	+27.4%	1,3 M €	+14.4%	1,2 M €
Other
Workforce	40,9 ETP	+9.9%	37,2 ETP	+24.8%	29,8 ETP	-7.2%	32,1 ETP	+16.3%	27,6 ETP	-11.3%	31,1 ETP	-4.3%	32,5 ETP	-5.8%	34,5 ETP	+4.5%	33,0 ETP	-2.1%	33,7 ETP	-2.3%	34,5 ETP	+9.9%	31,4 ETP	+9.0%	28,8 ETP	+5.9%	27,2 ETP	-3.2%	28,1 ETP	-7.3%	30,3 ETP	-3.8%	31,5 ETP	+6.4%	29,6 ETP	-13.5%	34,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 25 ended

Active mandates

Koizumi Kei

Director · since 05 mai 2025 · until 15 septembre 2031

Active

Atsuyuki Izaki

Director · since 31 mars 2024 · until 16 septembre 2030

Active

Hiroshi Yamashita

Managing director · since 15 juin 2022 · until 05 mai 2025

Active

Ended mandates

Hiroshi Yamashita

Managing director · since 15 juin 2022 · until 20 septembre 2027

Ended

Hiroshi Yamashita

Managing director · since 15 juin 2022 · until 15 juin 2028

Ended

Kazuaki Fujitani

Director · since 01 avril 2018 · until 31 mars 2024

Ended

Kazuaki Fujitani

Director · since 01 avril 2018 · until 16 septembre 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/12/2025	28/10/2024	10/10/2023	20/10/2022	03/10/2021	15/10/2020
General meeting	17/10/2025	25/10/2024	18/09/2023	10/10/2022	20/09/2021	12/10/2020
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	31/03/2025	17/10/2025	08/12/2025	Dutch	PDF
Abridged model	31/03/2024	25/10/2024	28/10/2024	Dutch	PDF
Abridged model	31/03/2023	18/09/2023	10/10/2023	Dutch	PDF
Abridged model	31/03/2022	10/10/2022	20/10/2022	Dutch	PDF
Abridged model	31/03/2021	20/09/2021	03/10/2021	Dutch	PDF
Abridged model	31/03/2020	12/10/2020	15/10/2020	Dutch	PDF
Abridged model	31/03/2019	04/10/2019	11/10/2019	Dutch	PDF
Full model	31/03/2018	17/09/2018	01/10/2018	Dutch	PDF
Full model	31/03/2017	12/10/2017	31/10/2017	Dutch	PDF
Full model	31/03/2016	19/09/2016	12/10/2016	Dutch	PDF
Full model	31/03/2015	21/09/2015	19/10/2015	Dutch	PDF
Full model	31/03/2014	15/09/2014	29/09/2014	Dutch	PDF
Full model	31/03/2013	16/09/2013	18/10/2013	Dutch	PDF
Full model	31/03/2012	17/09/2012	07/11/2012	Dutch	PDF
Full model	31/03/2011	19/09/2011	18/10/2011	Dutch	PDF
Full model	31/03/2010	20/09/2010	04/11/2010	Dutch	PDF
Full model	31/03/2009	21/09/2009	02/10/2009	Dutch	PDF
Full model	31/03/2008	15/09/2008	10/10/2008	Dutch	PDF
Full model	31/03/2007	17/09/2007	15/10/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/03/2025 · 3 active · 25 ended

Active mandates

Koizumi Kei

Director · since 05 mai 2025 · until 15 septembre 2031

Active

Atsuyuki Izaki

Director · since 31 mars 2024 · until 16 septembre 2030

Active

Hiroshi Yamashita

Managing director · since 15 juin 2022 · until 05 mai 2025

Active

Ended mandates

Hiroshi Yamashita

Managing director · since 15 juin 2022 · until 20 septembre 2027

Ended

Hiroshi Yamashita

Managing director · since 15 juin 2022 · until 15 juin 2028

Ended

Kazuaki Fujitani

Director · since 01 avril 2018 · until 31 mars 2024

Ended

Kazuaki Fujitani

Director · since 01 avril 2018 · until 16 septembre 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/03/2026
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Other25/05/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates30/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2019
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

2025
Annual accounts 2025248 k €↓
2024
Annual accounts 2024249,3 k €↑
2023
Annual accounts 2023171,6 k €↓
2022
Annual accounts 2022172,5 k €↑
2021
Annual accounts 2021135,2 k €↓
2020
Annual accounts 2020153,3 k €↓
2019
Annual accounts 2019228,4 k €↑
2018
Annual accounts 2018149,4 k €↓
2017
Annual accounts 2017176,2 k €↑
2016
Annual accounts 2016138,2 k €↓
2015
Annual accounts 2015246,2 k €↑
2014
Annual accounts 2014118,5 k €↓
2013
Annual accounts 2013242,9 k €↑
2012
Annual accounts 2012180,9 k €↓
2011
Annual accounts 2011202,4 k €↓
2010
Annual accounts 2010213 k €↓
2009
Annual accounts 2009255,9 k €↑
2008
Annual accounts 2008203,1 k €↓
2007
Annual accounts 2007271,1 k €
21/03/2000
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

DENSO Belgium

Overview

What does DENSO Belgium do?

Trend over 19 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