Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
85 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DENNEDUIN from Kortrijk, company number BE0451225687, closed financial year 2025 with a result of € 871,257 after tax. For that financial year DENNEDUIN recorded a gross margin of € 31,303 and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 799,543 to € 871,257. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 4.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 871,257
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 21,057
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 871,257 paid out
100 % of the profit went to the shareholders, mostly to Despiegelaere Projects (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 4.3 million
▲ 14% vs 2024
€ 800,000 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 746
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,946
▲ € 6,333 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,673 | € -32,498 | € -121,421 | € 31,303 | ▲ € 152,724 |
| Profit after taxes | € 1,433,456 | € 1,037,952 | € 799,543 | € 871,257 | ▲ 9% |
| Equity | € 6,460,107 | € 7,498,059 | € 4,947,602 | € 4,947,602 | |
| Total debts | € 3,713,935 | € 3,118,461 | € 7,387,001 | € 5,337,255 | ▼ 28% |
| Cash | € 514,145 | € 37,329 | € 72,428 | € 21,057 | ▼ 71% |
| Land & buildings | € 3,485,487 | € 3,366,148 | € 3,236,118 | € 3,072,361 | ▼ 5% |
| Retained profit | € 5,852,768 | € 6,890,720 | € 4,340,263 | € 4,340,263 | |
| Dividend | € 0 | € 0 | € 3,350,000 | € 871,257 | ▼ 74% |
| Bank debt | € 3,460,000 | € 2,900,000 | € 3,775,000 | € 4,300,000 | ▲ 14% |
| Balance sheet total | € 10,174,042 | € 10,616,520 | € 12,334,604 | € 10,284,857 | ▼ 17% |
Key figures of DENNEDUIN, 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 DENNEDUIN?
What happened at DENNEDUIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Siska Dedeyne stepped down as director. NBB
- Axelle Despiegelaere stepped down as director. NBB
- Arthur Luc T Despiegelaere stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 871,257 (▲ 9% vs 2024). Source: NBB ↗
- Axelle Despiegelaere became a director. NBB
- Arthur Luc T Despiegelaere became a director. NBB
- Siska Dedeyne became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 1.4 million profit in 2022 to € 871,257 profit in 2025.
Paid € 3,375 in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 4.2 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Despiegelaere Projects comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DENNEDUINThe shares are held by Despiegelaere Projects (100%). It owns 27.2% of Zandvoorde green invest, 26.7% of Artelco, 25% of Eco Invest and 20% of Real energy petit palais itself.
Directors
According to the 2025 annual accounts
since 2017 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Beneluxpark(Kor) 26 box 2
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 85 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.225.687
- VAT number
- BE 0451.225.687
- Registered office
- Beneluxpark(Kor) 26 bus 2, 8500 Kortrijk
- Names & denominations
- DENNEDUIN
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 1993
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Handelsbemiddeling in goederen, algemeen assortiment