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1821 BV

Active
Private limited companyfounded 20188 yrs activeGraeth 1, 3840 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0695.464.759

1821 BV has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €117k and a net result of €31k. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 37% of 37960 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
84 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+5
Solvency69▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.88 against 2.52 in 2023; short-term debt: 12.2% and cash: 24.9% of total assets), but 56.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
38 d early
2023
41 d early
2022
76 d early
2021
152 d early
2020
14 d late
2019
2 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€117k▲ 36.0%
2023 · €86k
2019: €11k 2020: €33k 2021: €51k 2022: €67k 2023: €86k
2019 → 2024
Total assets
€268k▲ 8.4%
2023 · €247k
2019: €227k 2020: €242k 2021: €253k 2022: €244k 2023: €247k
2019 → 2024
Net result
€31k▲ 64.1%
2023 · €19k
2019: €-1k 2020: €22k 2021: €17k 2022: €16k 2023: €19k
2019 → 2024
Working capital
€62k▲ 48.9%
2023 · €41k
2019: €-12k 2020: €6k 2021: €20k 2022: €29k 2023: €41k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€33k-€51k▲ 52.4%€67k▲ 32.2%€86k▲ 28.1%€117k▲ 36.0%
Operating result€32k-€29k▼ 9.4%€28k▼ 5.0%€29k▲ 2.4%€45k▲ 59.4%
Net result€22k-€17k▼ 20.5%€16k▼ 6.3%€19k▲ 15.3%€31k▲ 64.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €32k€32kNet result 2020: €22k€22kOperating result 2021: €29k€29kNet result 2021: €17k€17kOperating result 2022: €28k€28kNet result 2022: €16k€16kOperating result 2023: €29k€29kNet result 2023: €19k€19kOperating result 2024: €45k€45kNet result 2024: €31k€31k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 59% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €268k
Fixed assets €173k▼ 2.9%
Current assets €94k▲ 37.5%
Equity and liabilities €268k
Equity €117k▲ 36.0%
Debt €151k▼ 6.3%
The debt ratio falls from 65.3% to 56.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€51k
2023 · €34k
Cash flow
€36k
2023 · €24k
Solvency
43.5%
2023 · 34.7%
Current ratio
2.88
2023 · 2.52
Quick ratio
2.88
2023 · 2.52
Debt / equity
1.30
2023 · 1.88
ROE
26.5%
2023 · 21.9%
ROA
11.5%
2023 · 7.6%
Interest coverage
20.77
2023 · 12.44
Debt
€151k
2023 · €162k
Debt ≤ 1 year
€33k
2023 · €27k
Debt > 1 year
€114k
2023 · €130k
Income taxes
€12k
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€247k€268k
Fixed assets21/28€179k€173k
Tangible fixed assets22/27€179k€173k
Land and buildings22€179k€173k
Current assets29/58€69k€94k
Amounts receivable within one year40/41€3k€12k
Trade receivables40-€12k
Other amounts receivable41€3k€310
Cash at bank and in hand54/58€54k€67k
Deferred charges and accrued income490/1€12k€15k
Equity and liabilities
Total equity and liabilities10/49€247k€268k
Equity10/15€86k€117k
Contributions10/11€12k€12k=
Reserves13€73k€104k
Distributable reserves133€73k€104k
Amounts payable17/49€162k€151k
Amounts payable after more than one year17€130k€114k
Financial debts170/4€130k€114k
Amounts payable within one year42/48€27k€33k
Current portion of amounts payable after more than one year42€11k€12k
Trade debts44€37€6k
Suppliers440/4€37€6k
Taxes, remuneration and social security45€13k€15k
Taxes450/3€11k€15k
Remuneration and social security454/9€2k€0
Other amounts payable47/48€2k€95
Accrued charges and deferred income492/3€4k€4k
Income statement Code20232024
Non-recurring operating income76A€9k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k
Other operating charges640/8€2k€1k
Gross operating margin9900€36k€52k
Operating profit (loss)9901€29k€45k
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€26k€43k
Income taxes67/77€7k€12k
Profit (loss) for the period9904€19k€31k
Profit (loss) for the period to be appropriated9905€19k€31k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€31k
Transfer to equity691/2€19k€31k
To other reserves6921€19k€31k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €31k ▲64.1%
Operating result €45k, net result €31k, both a record.
31-12
Financial Equity above €100kEq €117k ▲36%
5 profitable years in a row build equity to €117k.
20-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
01-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 14 days late
2020
31-12
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Graeth 13840 Tongeren-Borgloon
Ground area
1,454 m²
Building footprint
515 m²
Volume, LiDAR
1,379 m³
Parcel 73041A0290/00E000, Flanders · tallest building 21.7 m. Linked by address, not a title deed.
1 establishment unit
1821
Graeth 1, 3840 Tongeren-BorgloonWholesale of pharmaceutical and medical goods
since 20182.276.179.234
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73041A0290/00E000
ProtectedCultural-historical landscapeCultuurlandschap rond KuttekovenSource ↗
Flanders 1,454 m² 1 · 515 m² 21.7 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 227 EUR paid
Year Entries awardedpaid
2023 1 0 EUR227 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 227 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 40,821 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-04-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.