B. Dehaes
ActiveB. Dehaes has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.21M and a net result of €362k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 77% of 3101 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-18
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 3.99 against 4.57 in 2024), and 33.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.1%
Return on assets
10.8%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
23 d early
2023
26 d early
2022
28 d early
2021
30 d early
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.21M▲ 14.1%
2024 · €1.93M
2018: €720k
2019: €1.16M
2020: €1.42M
2021: €1.47M
2022: €1.45M
2023: €1.53M
2024: €1.93M
2018 → 2025
Total assets
€3.34M▲ 5.7%
2024 · €3.16M
2018: €907k
2019: €1.34M
2020: €1.59M
2021: €1.76M
2022: €1.75M
2023: €2.82M
2024: €3.16M
2018 → 2025
Net result
€362k▼ 10.9%
2024 · €406k
2018: €95k
2019: €439k
2020: €262k
2021: €213k
2022: €207k
2023: €78k
2024: €406k
2018 → 2025
Working capital
€1.42M▲ 7.4%
2024 · €1.33M
2018: €684k
2019: €1.09M
2020: €1.27M
2021: €1.35M
2022: €1.35M
2023: €1.09M
2024: €1.33M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.47M-€1.45M▼ 1.4%€1.53M▲ 5.4%€1.93M▲ 26.6%€2.21M▲ 14.1%
Operating result€306k-€279k▼ 8.9%€145k▼ 48.0%€639k▲ 341%€554k▼ 13.4%
Net result€213k-€207k▼ 2.7%€78k▼ 62.2%€406k▲ 419%€362k▼ 10.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.34M
Fixed assets
€1.44M▼ 1.6%
Current assets
€1.90M▲ 11.9%
Equity and liabilities €3.34M
Equity
€2.21M▲ 14.1%
Debt
€1.13M▼ 7.7%
The debt ratio falls from 38.8% to 33.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€578k▼
2024 · €666k
Cash flow
€386k▼
2024 · €432k
Solvency
66.1%▲
2024 · 61.2%
Current ratio
3.99▼
2024 · 4.57
Quick ratio
3.90▼
2024 · 4.45
Debt / equity
0.51▼
2024 · 0.63
ROE
16.4%▼
2024 · 21.0%
ROA
10.8%▼
2024 · 12.8%
Interest coverage
16.81▲
2024 · 16.52
Debt
€1.13M▼
2024 · €1.23M
Debt ≤ 1 year
€476k▲
2024 · €371k
Debt > 1 year
€658k▼
2024 · €857k
Income taxes
€168k▼
2024 · €196k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.16M€3.34M▲
Fixed assets21/28€1.46M€1.44M▼
Tangible fixed assets22/27€65k€42k▼
Land and buildings22€28k€27k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€34k€11k▼
Financial fixed assets28€1.40M€1.40M=
Current assets29/58€1.70M€1.90M▲
Stocks and contracts in progress3€47k€45k▼
Stocks30/36€47k€45k▼
Amounts receivable within one year40/41€746k€843k▲
Trade receivables40€426k€458k▲
Other amounts receivable41€320k€385k▲
Current investments50/53€878k€884k▲
Cash at bank and in hand54/58€23k€125k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.16M€3.34M▲
Equity10/15€1.93M€2.21M▲
Contributions10/11€12k€12k=
Reserves13€1.92M€2.20M▲
Non-distributable reserves130/1€1.78M€2.05M▲
Other1319€1.78M€2.05M▲
Distributable reserves133€139k€141k▲
Amounts payable17/49€1.23M€1.13M▼
Amounts payable after more than one year17€857k€658k▼
Financial debts170/4€857k€658k▼
Amounts payable within one year42/48€371k€476k▲
Current portion of amounts payable after more than one year42€242k€249k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€126k€223k▲
Taxes450/3€126k€223k▲
Accrued charges and deferred income492/3-€205
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€24k▼
Other operating charges640/8€12k€14k▲
Gross operating margin9900€677k€592k▼
Operating profit (loss)9901€639k€554k▼
Financial income75/76B€3k€10k▲
Recurring financial income75€3k€10k▲
Financial charges65/66B€40k€34k▼
Recurring financial charges65€40k€34k▼
Profit (loss) for the period before taxes9903€602k€529k▼
Income taxes67/77€196k€168k▼
Profit (loss) for the period9904€406k€362k▼
Profit (loss) for the period to be appropriated9905€406k€362k▼
Appropriation of the result
Profit (loss) to be appropriated9906€406k€362k▼
Transfer from equity791/2-€89k
Transfer to equity691/2€406k€362k▼
To other reserves6921€406k€362k▼
Profit to be distributed694/7-€89k
Return on contributions (dividend)694-€89k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €2MEq €2.21M ▲14.1%
8 profitable years in a row build equity to €2.21M.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €78k ▼62.2%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €439k ▲363%
Operating result €673k, net result €439k, both a record.
31-12
Financial
Equity above €1MEq €1.16M ▲60.9%
2 profitable years in a row build equity to €1.16M.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2008
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.
Italiëlei 1392000 AntwerpenGround area
129 m²
Building footprint
129 m²
Volume, LiDAR
1,569 m³
Parcel 11807G1288/00R005, Flanders · tallest building 27.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Italiëlei 139, 2000 Antwerpen
since 20082.302.267.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1288/00R005 | Flanders | 129 m² | 1 · 129 m² | 27.2 m · 4 fl. |
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.
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Of 1,947 companies in sector 01430 we hold annual accounts for 739. 268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2008
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
01191Growing of flowers
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:bartdehaes@hotmail.com