Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DENIS DEHARD from Manhay, company number BE0876757858, closed financial year 2025 with a result of € -302,590 after tax. For that financial year DENIS DEHARD recorded a gross margin of € 886,585 and equity of € 580,050. Compared with financial year 2024, the result moved from € -39,217 to € -302,590. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 580,050
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -302,590
▼ 672 % more loss than in 2024
Profit after tax over the fiscal year.
€ 102,904
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -107,115.
People and assets in 2025
15.2
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 926,911
▲ 8% vs 2024
€ 61,000 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.
€ 329,768
▲ 89% vs 2024
Of which on lease € 311,291.
Debts at end 2025
€ 2.3 million
▲ 96% vs 2024
€ 186,277 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 347,659
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 127,851
▼ 7% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 735,476 | € 1,484,444 | € 1,029,201 | € 886,585 | ▼ 14% |
| Profit after taxes | € 51,157 | € 360,098 | € -39,217 | € -302,590 | ▼ € 263,372 |
| Equity | € 535,854 | € 846,008 | € 887,060 | € 580,050 | ▼ 35% |
| Total debts | € 2,776,949 | € 2,534,936 | € 3,195,415 | € 3,230,174 | ▲ 1% |
| Cash | € 754,379 | € 755,795 | € 97,282 | € 102,904 | ▲ 6% |
| Land & buildings | € 422,726 | € 1,246,578 | € 1,180,925 | € 1,661,107 | ▲ 41% |
| Retained profit | € 24,594 | € 234,692 | € 195,475 | € -107,115 | ▼ € 302,590 |
| Dividend | € 0 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 940,978 | € 1,197,266 | € 1,146,473 | € 2,251,575 | ▲ 96% |
| Balance sheet total | € 3,312,803 | € 3,380,944 | € 4,082,475 | € 3,810,224 | ▼ 7% |
| Employees (FTE) | 12.3 | 16.6 | 15.6 | 15.2 | ▼ 0.4 |
Key figures of DENIS DEHARD, 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 DENIS DEHARD?
What happened at DENIS DEHARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 302,590. Source: NBB ↗
- Lacasse Gaëtan Ingénierie SRL stepped down as director. NBB
- MESD SRL stepped down as director. NBB
- CAPITAL & CROISSANCE SCRL stepped down as director. NBB
- TJE INVEST SRL stepped down as director. NBB
- Fabian KLAURENS stepped down as director. NBB
- MESD SRL became a director. NBB
- Denis DEHARD stepped down as director. NBB
In short
From € 51,157 profit in 2022 to € 302,590 loss in 2025.
Paid € 52,355 in corporate taxes since 2022.
Best year ever: 2023, with € 360,098 profit.
On average € 58,300 of value added per employee in 2025.
Management
The stake of Lacasse Gaëtan Ingénierie, MESD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DENIS DEHARDThe shares are held by INVESTSUD PARTICIPATIONS SA (57%), Lacasse Gaëtan Ingénierie and MESD.
Directors
According to the 2025 annual accounts
Director · represented by Gaëtan LACASSE
since 2023 · until 2026
Fabian KLAURENS
Managing director
since 2023 · until 2024
Director · represented by Denis DEHARD
since 2024 · until 2026
Chairman of the board · represented by Benjamin CUPERS
Also active at: CONCEPTEXPO GROUP, COLONA, MEGAFORM, SUPERPLASTIC, SOCIETE COMMERCIALE ET INDUSTRIELLE, BAUWENS ROGER, SOGECAM, HORUS SOFTWARE +29 more
since 2023 · until 2026
Denis DEHARD
Director
since 2023 · until 2024
since 2024 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Boussines, Vaux-Chavanne 132
6960 Manhay
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Hosting & Email
Email provider
Microsoft 365
Hosting
HOSTEUR-NET-CORE Hosteur NETWORK CORE, FR
Domain
Domain
denisdehard.com
Registered
2012-02-07
Registrar
EuroDNS S.A.
Expires
2027-02-07
Website info
Features
Security
Details
- Company number
- 0876.757.858
- VAT number
- BE 0876.757.858
- Registered office
- Rue des Boussines, Vaux-Chavanne 132, 6960 Manhay
- Names & denominations
- DENIS DEHARD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 October 2005
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- denisdehard.com
- Activities · NACE
Reparatie en onderhoud van machines
Exploitatie van bossen
Bosexploitatie
Activiteiten van bouwarchitecten
Groothandel in hout
Verhuur en lease van landbouwmachines en -werktuigen
Herstelling van landbouwmachines
Architecten
+1