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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DENPHI from Arlon, company number BE0737613239, closed financial year 2025 with a result of € -2,796 after tax. For that financial year DENPHI recorded a gross margin of € 25,414 and equity of € 48,414. Compared with financial year 2024, the result moved from € 29,059 to € -2,796. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 48,414
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,796
▼ still € 29,059 profit in 2024
Profit after tax over the fiscal year.
€ 4,250
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,414.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 124
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 210,094
▼ 8% vs 2024
€ 18,542 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 3,016
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,302
▲ € 1,251 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,197 | € 16,180 | € 48,453 | € 25,414 | ▼ 48% |
| Profit after taxes | € -2,887 | € -20,597 | € 29,059 | € -2,796 | ▼ € 31,855 |
| Equity | € 42,748 | € 22,151 | € 51,210 | € 48,414 | ▼ 5% |
| Total debts | € 304,796 | € 293,885 | € 280,447 | € 296,750 | ▲ 6% |
| Cash | € 2,023 | € 837 | € 3,484 | € 4,250 | ▲ 22% |
| Land & buildings | € 335,135 | € 308,822 | € 318,388 | € 335,723 | ▲ 5% |
| Retained profit | € 22,748 | € 2,151 | € 31,210 | € 28,414 | ▼ 9% |
| Bank debt | € 265,454 | € 246,310 | € 228,345 | € 210,094 | ▼ 8% |
| Balance sheet total | € 351,184 | € 320,036 | € 331,657 | € 345,164 | ▲ 4% |
Key figures of DENPHI, 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 DENPHI?
What happened at DENPHI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,796 (▼ € 31,855 vs 2024). filed late Source: NBB ↗
- New establishment in Arlon. KBO
- New establishment in Arlon. KBO
- Start of the company according to the CBE. KBO
- Philippe ASSELBORN became a director. NBB
In short
From € 2,887 loss in 2022 to € 2,796 loss in 2025.
Best year ever: 2024, with € 29,059 profit.
Management
Behind DENPHI is Philippe ASSELBORN. Philippe ASSELBORN is also behind IMMO ASSELBORN.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Waltzing, rue des Frênes 14
6700 Arlon
Grand-Rue 37
6700 Arlon
Active since 15 February 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.613.239
- VAT number
- BE 0737.613.239
- Registered office
- Waltzing, rue des Frênes 14, 6700 Arlon
- Names & denominations
- DENPHI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2019
- Peppol
- Active · Active since 25 Dec 2025
- Contact
- [email protected] +352691257216
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen