Financials
Financial year 2025
DENEF CARDIO from Leuven, company number BE0881977052, closed financial year 2025 with a result of € 65,842 after tax. For that financial year DENEF CARDIO recorded a gross margin of € 332,897 and equity of € 142,532. Compared with financial year 2024, the result moved from € 17,884 to € 65,842. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 142,532
▲ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65,842
▲ 268% vs 2024
Profit after tax over the fiscal year.
€ 1,058
▲ € 973 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 130,132.
People and assets in 2025
€ 154,983
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 60,999
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 598,296
▼ 11% vs 2024
€ 102,103 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 171,529
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,569
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 245,804 | € 277,634 | € 279,264 | € 332,897 | ▲ 19% |
| Profit after taxes | € 21,862 | € 43,058 | € 17,884 | € 65,842 | ▲ 268% |
| Equity | € 15,749 | € 58,807 | € 76,690 | € 142,532 | ▲ 86% |
| Total debts | € 889,693 | € 928,328 | € 915,713 | € 815,015 | ▼ 11% |
| Cash | € 536 | € 405 | € 84 | € 1,058 | ▲ € 973 |
| Land & buildings | € 570,257 | € 533,341 | € 504,808 | € 468,832 | ▼ 7% |
| Retained profit | € 3,349 | € 46,407 | € 64,290 | € 130,132 | ▲ 102% |
| Bank debt | € 721,227 | € 732,914 | € 671,719 | € 598,296 | ▼ 11% |
| Balance sheet total | € 905,442 | € 987,135 | € 992,403 | € 957,547 | ▼ 4% |
| Employees (FTE) | 2.2 | 2.4 | - | - |
Key figures of DENEF CARDIO, 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 DENEF CARDIO?
What happened at DENEF CARDIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 65,842 (▲ 268% vs 2024). Source: NBB ↗
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,862 profit in 2022 to € 65,842 profit in 2025.
Paid € 81,927 in corporate taxes since 2022.
Best year ever: 2025, with € 65,842 profit.
On average € 115,700 of value added per employee in 2023.
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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
Directors
According to the 2025 annual accounts
Koen Denef
Director
Establishments
Establishment units
Physical locations of this company
Justus Lipsiusstraat 12
3000 Leuven
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0881.977.052
- VAT number
- BE 0881.977.052
- Registered office
- Justus Lipsiusstraat 12, 3000 Leuven
- Names & denominations
- DENEF CARDIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 2006
- Peppol
- Active · Active since 26 Nov 2025
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