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 11 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
DENWEST from Knokke-Heist, company number BE0454606039, closed financial year 2025 with a result of € 2,543 after tax. For that financial year DENWEST recorded a gross margin of € 8,991 and equity of € 342,821. Compared with financial year 2024, the result moved from € -7,413 to € 2,543. 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 August 31, 2026.
€ 342,821
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,543
▲ still € 7,413 loss in 2024
Profit after tax over the fiscal year.
€ 419
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -105,915.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,727
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 7,272 | € 6,803 | € -651 | € 8,991 | ▲ € 9,642 |
| Profit after taxes | € 720 | € 427 | € -7,413 | € 2,543 | ▲ € 9,957 |
| Equity | € 347,264 | € 347,691 | € 340,278 | € 342,821 | ▲ 1% |
| Total debts | € 62,061 | € 69,078 | € 69,176 | € 61,297 | ▼ 11% |
| Cash | € 101 | € 442 | € 419 | € 419 | |
| Land & buildings | € 409,225 | € 405,176 | € 401,127 | € 397,079 | ▼ 1% |
| Retained profit | € -101,472 | € -101,045 | € -108,459 | € -105,915 | ▲ € 2,543 |
| Balance sheet total | € 409,325 | € 416,769 | € 409,453 | € 404,118 | ▼ 1% |
Key figures of DENWEST, 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 DENWEST?
What happened at DENWEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Daniel Sarphatie stepped down as director. NBB
- Mordechai Serphatie stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2,543. filed late Source: NBB ↗
- Mordechai Serphatie became a director. NBB
- Daniel Sarphatie became a director. NBB
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 720 profit in 2022 to € 2,543 profit in 2025.
Best year ever: 2025, with € 2,543 profit.
Management
Directors
According to the 2025 annual accounts
Daniel Sarphatie
Director
since 2025 · until 2031
Mordechai Serphatie
Director
since 2026 · until 2031
Establishments
Establishment units
Physical locations of this company
Lispannenlaan 21
8300 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.606.039
- VAT number
- BE 0454.606.039
- Registered office
- Lispannenlaan 21, 8300 Knokke-Heist
- Names & denominations
- DENWEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 1995
- Peppol
- Not registered