Financials
Financial year 2025
Etn DENAYER from Halle, company number BE0400891694, closed financial year 2025 with a result of € 104,830 after tax. For that financial year Etn DENAYER recorded a gross margin of € 873,015 and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -33,384 to € 104,830. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 12, 2026.
€ 1.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 104,830
▲ still € 33,384 loss in 2024
Profit after tax over the fiscal year.
€ 358,289
▲ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 60,000 paid out
57 % of the profit went to the shareholders, mostly to MADRON (100 % of the shares). That is where the money ends up.
People and assets in 2025
12.1
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 693,130
▲ 10% vs 2024
€ 57,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,725
▼ 85% vs 2024
Of which on lease € 1,333.
Debts at end 2025
€ 405,220
▲ 95% vs 2024
€ 57,611 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 262,360
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 93,680
▲ 92% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 882,647 | € 801,918 | € 645,884 | € 873,015 | ▲ 35% |
| Profit after taxes | € 232,706 | € 141,036 | € -33,384 | € 104,830 | ▲ € 138,213 |
| Equity | € 1,782,411 | € 1,783,447 | € 1,750,063 | € 1,794,893 | ▲ 3% |
| Total debts | € 1,040,853 | € 959,909 | € 801,810 | € 1,186,973 | ▲ 48% |
| Cash | € 278,357 | € 261,746 | € 186,220 | € 358,289 | ▲ 92% |
| Land & buildings | € 273,491 | € 270,251 | € 272,527 | € 271,282 | |
| Retained profit | € 1,658,411 | € 1,659,447 | € 1,626,063 | € 1,670,893 | ▲ 3% |
| Dividend | € 185,000 | € 140,000 | € 0 | € 60,000 | |
| Bank debt | € 229,050 | € 251,591 | € 207,780 | € 405,220 | ▲ 95% |
| Balance sheet total | € 2,823,265 | € 2,743,356 | € 2,551,874 | € 2,981,866 | ▲ 17% |
| Employees (FTE) | 11.3 | 10.2 | 10.5 | 12.1 | ▲ 1.6 |
Key figures of Etn DENAYER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Etn DENAYER?
What happened at Etn DENAYER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dominique Merckx stepped down as director. NBB
- MADRON NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 104,830. Source: NBB ↗
- Dominique Merckx became a director. NBB
- MADRON NV became a director. NBB
- New establishment in Pepingen. KBO
- Start of the company according to the CBE. KBO
- New establishment in Halle. KBO
In short
From € 232,706 profit in 2022 to € 104,830 profit in 2025.
Paid € 119,415 in corporate taxes since 2022.
Best year ever: 2022, with € 232,706 profit.
On average € 72,100 of value added per employee in 2025.
Management
The stake of MADRON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Etn DENAYERThe shares are held by MADRON (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Suikerkaai 38
1500 Halle
Suikerkaai
1500 Halle
Active since 1 February 1960
Ninoofsesteenweg(P) 142
1670 Pepingen
Active since 25 June 2012
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0400.891.694
- VAT number
- BE 0400.891.694
- Registered office
- Suikerkaai 38, 1500 Halle
- Names & denominations
- Etn DENAYER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 1960
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- denayer-etn.be
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in overige bouwmaterialen