be-DIVE
ActiveSummary
be-DIVE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.06M and a net result of €-32k. Equity is shrinking by ~10.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-3
Solvency52=
Growth63▼-5
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.08 in 2023; short-term debt: 35.4% and cash: 0.4% of total assets), and 73.5% of the assets are financed with debt.
Credit advice for your own amount and term
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 2024Solvency, return and age of the figures
Solvency
26.5%
Return on assets
-0.8%
Age of the figures
21 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
64 d early
2022
67 d early
2021
52 d early
2020
46 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€304k▼ 5.5%
2023 · €322k
2018: €150k
2019: €153k
2020: €154k
2021: €155k
2022: €163k
2023: €322k
2018 → 2024
EBIT margin
30.4%▼ 14.6pp
2023 · 45.0%
2018: -110.2%
2019: -103.4%
2020: -2326.8%
2021: -13.9%
2022: -32.7%
2023: 45.0%
2018 → 2024
Net result
€-32k
2023 · €21k
2018: €-223k
2019: €-208k
2020: €-3.64M
2021: €-66k
2022: €-101k
2023: €21k
2018 → 2024
Working capital
€-1.35M▼ 12.0%
2023 · €-1.21M
2018: €-522k
2019: €-740k
2020: €-807k
2021: €-872k
2023: €-1.21M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€154k-€155k▲ 0.6%€163k▲ 5.2%€322k▲ 97.0%€304k▼ 5.5%
Equity€1.34M-€1.25M▼ 6.9%€1.12M▼ 10.2%€1.12M▼ 0.6%€1.06M▼ 5.3%
Operating result€-3.59M-€-22k▲ 99.4%€-53k▼ 146%€145k€92k▼ 36.2%
Net result€-3.64M-€-66k▲ 98.2%€-101k▼ 52.9%€21k€-32k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.99M
Fixed assets
€3.93M ▼ 3.9%
Current assets
€60k ▼ 43.8%
Equity and liabilities €3.99M
Equity
€1.06M ▼ 5.3%
Debt
€2.93M ▼ 4.8%
Debt's share of the balance-sheet total rises from 73.4% to 73.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€259k▼
2023 · €312k
Cash flow
€135k▼
2023 · €188k
Current ratio
0.04▼
2023 · 0.08
Debt to equity
2.77▲
2023 · 2.76
ROE
-3.0%▼
2023 · 1.8%
ROA
-0.8%▼
2023 · 0.5%
Interest coverage
1.65▼
2023 · 1.99
Debt ≤ 1 year
€1.41M▲
2023 · €1.31M
Debt > 1 year
€1.42M▼
2023 · €1.70M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.20M€3.99M▼
Fixed assets21/28€4.09M€3.93M▼
Tangible fixed assets22/27€3.84M€3.67M▼
Other tangible fixed assets26€3.84M€3.67M▼
Financial fixed assets28€249k€256k▲
Companies linked by participating interests282/3€249k€256k▲
Amounts receivable283€249k€256k▲
Current assets29/58€107k€60k▼
Amounts receivable after more than one year29€33k-
Trade receivables290€33k-
Amounts receivable within one year40/41€0€44k▲
Trade receivables40€0€44k▲
Cash at bank and in hand54/58€74k€16k▼
Equity and liabilities
Total equity and liabilities10/49€4.20M€3.99M▼
Equity10/15€1.12M€1.06M▼
Contributions10/11€5.19M€5.19M=
Capital10€5.19M€5.19M=
Issued capital100€5.19M€5.19M=
Profit (loss) carried forward14€-4.69M€-4.72M▼
Investment grants15€619k€592k▼
Amounts payable17/49€3.08M€2.93M▼
Amounts payable after more than one year17€1.70M€1.42M▼
Financial debts170/4€1.70M€1.42M▼
Credit institutions173€1.70M€1.42M▼
Amounts payable within one year42/48€1.31M€1.41M▲
Current portion of amounts payable after more than one year42€283k€283k=
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Other amounts payable47/48€1.03M€1.13M▲
Accrued charges and deferred income492/3€66k€104k▲
Income statement
Code20232024
Operating income70/76A€322k€304k▼
Turnover70€322k€304k▼
Operating charges60/66A€177k€212k▲
Services and other goods61€9k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167k€167k=
Other operating charges640/8€1k€1k▲
Operating profit (loss)9901€145k€92k▼
Financial income75/76B€33k€33k▲
Recurring financial income75€33k€33k▲
Income from financial fixed assets750-€6k
Income from current assets751€6k-
Other financial income752/9€27k€27k=
Financial charges65/66B€157k€158k▲
Recurring financial charges65€157k€158k▲
Debt charges650€156k€157k▲
Other financial charges652/9€828€827▼
Profit (loss) for the period before taxes9903€21k€-32k▼
Profit (loss) for the period9904€21k€-32k▼
Profit (loss) for the period to be appropriated9905€21k€-32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4.69M€-4.72M▼
Profit (loss) brought forward from the previous period14P€-4.71M€-4.69M▲
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after 5 loss-making years.
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-3.64M
Net result drops to €-3.64M, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Hasselt · 1 establishment unit since 2014
Ground area
4,206 m²
Building footprint
3,726 m²
Volume, LiDAR
63,723 m³
Parcel 71322A0540/00D003, Flanders · tallest building 31.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Kempische steenweg 311, 3500 Hasselt
since 20142.238.021.810
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0540/00D003 | Flanders | 4,205 m² | 1 · 3,726 m² | 31.0 m · 6 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.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Hasselt · LEI lapsed
controls
be-DIVEBE 0507.608.819
Recognitions · licences · registrations
Legal Entity Identifier
69940072KOWI0RAGZE17
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-12-2014
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.