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24degrees

Active
Private limited company (pre-2019)founded 20188 yrs activeKonijnenhoekstraat 17, 3053 Oud-Heverlee, BelgiumKBO/BCE: BE 0692.554.957
Summary

24degrees has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€6,313) and a net result of -€1,688. Equity is shrinking by ~51% per year across the filed fiscal years. Its solvency ranks better than 5% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-95
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€6,313
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
67 d late
2023
35 d late
2022
22 d late
2021
59 d late
2020
68 d late
2019
118 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
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

History

On 14 March 2018, 24degrees was incorporated.1 Total assets went from EUR 13,942 in 2019 to EUR 5,205 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2024, micro schema

Equity
-€6,313▼ 36.5%
2023 · -€4,625
Total assets
€210▼ 96.0%
2023 · €5,205
Net result
-€1,688
2023 · €1,114
Working capital
-€6,313▼ 16.4%
2023 · -€5,425
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€2,177▲ 36.8%€2,745-€5,464€1,212-€1,614
Net result-€2,757below the sector's middle half▲ 41.0%€1,138within the sector's middle half-€5,645below the sector's middle half€1,114within the sector's middle half-€1,688below the sector's middle half
Equity-€1,231below the sector's middle half-€93below the sector's middle half▲ 92.4%-€5,738below the sector's middle half▼ 6,054%-€4,625below the sector's middle half▲ 19.4%-€6,313below the sector's middle half▼ 36.5%
Total assets€5,193below the sector's middle half▼ 62.8%€17,485below the sector's middle half▲ 237%€4,463below the sector's middle half▼ 74.5%€5,205below the sector's middle half▲ 16.6%€210below the sector's middle half▼ 96.0%
Debt€6,424▼ 48.3%€17,578▲ 174%€10,202▼ 42.0%€9,829▼ 3.7%€6,523▼ 33.6%
Working capital-€1,232-€4,321▼ 251%-€8,445▼ 95.4%-€5,425▲ 35.8%-€6,313▼ 16.4%
Solvency-23.7%below the sector's middle half▼ 34.7pp-0.5%below the sector's middle half▲ 23.2pp-88.9%below the sector's middle half
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€7,500-€5,000-€2,500€0€2,500Operating result 2020: -€2,177-€2,177Net result 2020: -€2,757-€2,757Operating result 2021: €2,745€2,745Net result 2021: €1,138€1,138Operating result 2022: -€5,464-€5,464Net result 2022: -€5,645-€5,645Operating result 2023: €1,212€1,212Net result 2023: €1,114€1,114Operating result 2024: -€1,614-€1,614Net result 2024: -€1,688-€1,68820202021202220232024-€6,000-€4,000-€2,000€0€2,000Operating result 2022: -€5,464-€5,460Net result 2022: -€5,645-€5,650Operating result 2023: €1,212€1,210Net result 2023: €1,114€1,110Operating result 2024: -€1,614-€1,610Net result 2024: -€1,688-€1,690202220232024
The operating result turns negative in 2024: a loss of €1,614 after €1,212 in 2023.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€429▼
2023 · €2,734
Cash flow
-€504▼
2023 · €2,636
Interest coverage
-5.74▼
2023 · 27.86
Debt ≤ 1 year
€6,523▼
2023 · €9,445
Ratios withheld: a balance sheet total of €210 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.3% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 31 lines
Balance sheet Code20232024
Assets
Total assets20/58€5,205€210▼
Fixed assets21/28€1,185-
Tangible fixed assets22/27€1,185-
Plant, machinery and equipment23€1,185-
Current assets29/58€4,020€210▼
Amounts receivable within one year40/41€3,449€210▼
Trade receivables40€3,449€210▼
Cash at bank and in hand54/58€571-
Equity and liabilities
Total equity and liabilities10/49€5,205€210▼
Equity10/15-€4,625-€6,313▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€10,825-€12,513▼
Amounts payable17/49€9,829€6,523▼
Amounts payable within one year42/48€9,445€6,523▼
Trade debts44€3,875-
Suppliers440/4€3,875-
Taxes, remuneration and social security45€63€653▲
Taxes450/3€63€653▲
Other amounts payable47/48€5,507€5,870▲
Accrued charges and deferred income492/3€384-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,522€1,185▼
Other operating charges640/8€384€387▲
Gross operating margin9900€3,118-€42▼
Operating profit (loss)9901€1,212-€1,614▼
Financial charges65/66B€98€75▼
Recurring financial charges65€98€75▼
Profit (loss) for the period before taxes9903€1,114-€1,688▼
Profit (loss) for the period9904€1,114-€1,688▼
Profit (loss) for the period to be appropriated9905€1,114-€1,688▼
Appropriation of the result
Profit (loss) to be appropriated9906-€10,825-€12,513▼
Profit (loss) brought forward from the previous period14P-€11,938-€10,825▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,289€338€1,522€1,522€1,185▼ 22.2%
Other operating charges640/8-€439€348€384€387▲ 0.8%
Gross operating margin9900-€541€3,523-€3,595€3,118-€42▼ 101%
Operating profit (loss)9901-€2,177€2,745-€5,464€1,212-€1,614▼ 233%
Financial income75/76B-€3----
Recurring financial income75€0€3----
Financial charges65/66B-€284€118€98€75▼ 23.8%
Recurring financial charges65€344€284€118€98€75▼ 23.8%
Profit (loss) for the period before taxes9903-€2,521€2,464-€5,582€1,114-€1,688▼ 252%
Income taxes67/77€237€1,326€63---
Profit (loss) for the period9904-€2,757€1,138-€5,645€1,114-€1,688▼ 252%
Profit (loss) for the period to be appropriated9905-€2,757€1,138-€5,645€1,114-€1,688▼ 252%
Line20202021202220232024Change
Assets
Total assets20/58€5,193€17,485€4,463€5,205€210▼ 96.0%
Fixed assets21/28€0€4,228€2,706€1,185--
Tangible fixed assets22/27€0€4,228€2,706€1,185--
Plant, machinery and equipment23-€4,228€2,706€1,185--
Current assets29/58€5,192€13,257€1,757€4,020€210▼ 94.8%
Amounts receivable within one year40/41€4,659€10,036€388€3,449€210▼ 93.9%
Trade receivables40-€9,077€388€3,449€210▼ 93.9%
Other amounts receivable41-€960----
Cash at bank and in hand54/58€534€3,221€1,369€571--
Equity and liabilities
Total equity and liabilities10/49€5,193€17,485€4,463€5,205€210▼ 96.0%
Equity10/15-€1,231-€93-€5,738-€4,625-€6,313▼ 36.5%
Contributions10/11-€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€7,431-€6,293-€11,938-€10,825-€12,513▼ 15.6%
Amounts payable17/49€6,424€17,578€10,202€9,829€6,523▼ 33.6%
Amounts payable within one year42/48€6,424€17,578€10,202€9,445€6,523▼ 30.9%
Trade debts44€2,468€6,972€2,407€3,875--
Suppliers440/4-€6,972€2,407€3,875--
Taxes, remuneration and social security45-€2,250€1,389€63€653▲ 938%
Taxes450/3-€2,250€1,389€63€653▲ 938%
Other amounts payable47/48-€8,356€6,406€5,507€5,870▲ 6.6%
Accrued charges and deferred income492/3---€384--
Line20202021202220232024Change
Profit (loss) for the period9904-€2,757€1,138-€5,645€1,114-€1,688▼ 252%
+ Depreciation and write-downs630€1,289€338€1,522€1,522€1,185▼ 22.2%
Operating cash flow (approximation)-€1,469€1,476-€4,123€2,636-€504▼ 119%
Investment in fixed assets (approximation)--€4,566€0€0--
Change in cash-€2,687-€1,852-€797--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
04-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
31-12
Financial Back to profitnet €1,114
Net result €1,114 after one loss-making year.
22-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial Weakest financial yearnet -€5,645
Net result drops to -€5,645, the lowest in the series; recovery starts the following year.
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial Back to profitnet €1,138
Net result €1,138 after 2 loss-making years.
07-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 68 days late
2020
26-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Oud-Heverlee · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,271 m²
Building footprint
219 m²
Volume, LiDAR
550 m³
Parcel 24034B0091/00T000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
24degrees
Konijnenhoekstraat 17, 3053 Oud-HeverleeWholesale trade
since 20182.310.952.843
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24034B0091/00T000 Flanders 1,271 m² 1 · 219 m² 7.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 1,382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
63100Computing infrastructure, data processing, hosting and related activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0692554957
Also 9925:BE0692554957
Registered 24-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.