ACTIVE

DENDER

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Financial year 2025 · closed on 31/12/2025
Net result
23,4 k €
-19.9% YoY
Revenue
1,0 M €
+16.2% YoY
Equity
156,1 k €
+17.6% YoY

What does DENDER do?

DENDER is a Private limited company incorporated in 2011. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Dendermonde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0835.110.810
Incorporation
04/04/2011
Legal form
Private limited company
Registered office
Oude Vest (DEN) 124
9200 Dendermonde · FlandreSee on map
Contributed capital
16 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main10712Manufacture of bread; manufacture of fresh pastry goods and cakes47210Retail sale of fruit and vegetables in specialised stores47210Retail sale of fruit and vegetables in specialised stores
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Revenue1,0 M €901,8 k €913,4 k €718,8 k €630,5 k €627,9 k €551,6 k €519,0 k €507,7 k €557,8 k €480,8 k €438,0 k €365,2 k €
EBITDA50,1 k €42,8 k €42,4 k €8,2 k €606,0 €23,1 k €1,7 k €5,3 k €14,9 k €27,2 k €22,6 k €14,5 k €20,2 k €
Operating result35,5 k €37,8 k €35,0 k €6,4 k €-1,2 k €15,6 k €1,4 k €2,7 k €12,0 k €24,2 k €13,9 k €6,2 k €14,4 k €
Net result23,4 k €29,2 k €16,1 k €3,2 k €-6,5 k €12,4 k €641,0 €1,3 k €6,8 k €20,8 k €12,7 k €2,9 k €13,9 k €
Balance sheet
Equity156,1 k €132,7 k €103,5 k €87,4 k €84,1 k €90,6 k €79,8 k €79,2 k €77,9 k €71,0 k €50,2 k €37,5 k €34,6 k €
Total assets291,0 k €166,2 k €131,7 k €133,4 k €135,4 k €99,6 k €91,2 k €94,6 k €79,1 k €76,8 k €52,9 k €48,0 k €34,6 k €
Cash76,7 k €42,2 k €48,5 k €56,8 k €38,5 k €26,0 k €13,2 k €35,4 k €64,1 k €63,7 k €31,9 k €21,5 k €22,3 k €
Debts134,9 k €33,5 k €28,2 k €46,0 k €51,3 k €8,9 k €11,4 k €15,5 k €1,3 k €5,8 k €2,7 k €10,5 k €0,0 €
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 · 1 active · 2 ended

Active mandates

MEHMET BULUT

Mandate

Active

Ended mandates

Gökhan Uldes

Mandate

Ended
ULDES GOKHAN

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged 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 date20/08/202625/08/202504/08/202421/08/202330/08/202230/08/2021
General meeting09/06/202609/06/202509/06/202409/06/202309/06/202209/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202509/06/202620/08/2026DutchPDF
Micro model31/12/202409/06/202525/08/2025DutchPDF
Micro model31/12/202309/06/202404/08/2024DutchPDF
Abridged model31/12/202209/06/202321/08/2023DutchPDF
Abridged model31/12/202109/06/202230/08/2022DutchPDF
Abridged model31/12/202009/06/202130/08/2021DutchPDF
Abridged model31/12/201909/06/202022/09/2020DutchPDF
Abridged model31/12/201809/06/201914/08/2019DutchPDF
Abridged model31/12/201709/06/201803/07/2018DutchPDF
Abridged model31/12/201610/06/201705/07/2017DutchPDF
Abridged model31/12/201511/06/201622/06/2016DutchPDF
Abridged model31/12/201412/05/201524/06/2015DutchPDF
Abridged model31/12/201318/04/201402/06/2014DutchPDF
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 · 1 active · 2 ended

Active mandates

MEHMET BULUT

Mandate

Active

Ended mandates

Gökhan Uldes

Mandate

Ended
ULDES GOKHAN

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/01/2024
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/04/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202523,4 k €↓
  2. 2024
    Annual accounts 202429,2 k €↑
  3. 2023
    Annual accounts 202316,1 k €↑
  4. 2022
    Annual accounts 20223,2 k €↑
  5. 2021
    Annual accounts 2021-6,5 k €↓
  6. 2020
    Annual accounts 202012,4 k €↑
  7. 2019
    Annual accounts 2019641,0 €↓
  8. 2018
    Annual accounts 20181,3 k €↓
  9. 2017
    Annual accounts 20176,8 k €↓
  10. 2016
    Annual accounts 201620,8 k €↑
  11. 2015
    Annual accounts 201512,7 k €↑
  12. 2014
    Annual accounts 20142,9 k €↓
  13. 2013
    Annual accounts 201313,9 k €
  14. 04/04/2011
    IncorporationPrivate limited company