BRUNO DEGAND
ActiveBRUNO DEGAND has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €-43k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 43% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-64
Solvency51▼-7
Growth43▼-16
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.48 in 2024; short-term debt: 72.3% and cash: 10.3% of total assets), and 73.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
26.1%
Return on assets
-8.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
33 d late
2023
on the day
2022
18 d late
2021
4 d late
2020
5 d late
2019
30 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.54M▼ 6.0%
2019 · €1.64M
2018: €1.64M
2019: €1.64M
2018 → 2020
EBIT margin
-0.8%▼ 1.0pp
2019 · 0.2%
2018: 1.8%
2019: 0.2%
2018 → 2020
Net result
€-43k
2024 · €38k
2018: €16k
2019: €-2k
2020: €-17k
2021: €21k
2022: €924
2023: €8k
2024: €38k
2018 → 2025
Working capital
€-240k▼ 37.8%
2024 · €-175k
2018: €-139k
2019: €-165k
2020: €-203k
2021: €-196k
2022: €-198k
2023: €-187k
2024: €-175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€135k-€136k▲ 0.7%€145k▲ 6.2%€182k▲ 26.0%€139k▼ 23.8%
Operating result€30k-€8k▼ 72.1%€21k▲ 154%€60k▲ 180%€-32k
Net result€21k-€924▼ 95.5%€8k▲ 818%€38k▲ 342%€-43k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32k after €60k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €531k
Fixed assets
€387k▼ 2.3%
Current assets
€143k▼ 11.0%
Equity and liabilities €531k
Equity
€139k▼ 23.8%
Debt
€392k▲ 4.3%
The debt ratio rises from 67.4% to 73.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2024 · €93k
Cash flow
€-5k▼
2024 · €71k
Solvency
26.1%▼
2024 · 32.6%
Current ratio
0.37▼
2024 · 0.48
Quick ratio
0.28▼
2024 · 0.38
Debt / equity
2.82▲
2024 · 2.06
ROE
-31.2%▼
2024 · 20.6%
ROA
-8.2%▼
2024 · 6.7%
Interest coverage
0.59▼
2024 · 8.26
Debt
€392k▲
2024 · €376k
Debt ≤ 1 year
€384k▲
2024 · €336k
Debt > 1 year
€8k▼
2024 · €40k
Income taxes
€711▼
2024 · €12k
Staff costs
€355k▲
2024 · €283k
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€558k€531k▼
Fixed assets21/28€396k€387k▼
Tangible fixed assets22/27€396k€387k▼
Land and buildings22€264k€256k▼
Plant, machinery and equipment23€11k€25k▲
Furniture and vehicles24€18k€18k▲
Other tangible fixed assets26€103k€88k▼
Financial fixed assets28€530€530=
Current assets29/58€161k€143k▼
Stocks and contracts in progress3€34k€34k▼
Stocks30/36€34k€34k▼
Amounts receivable within one year40/41€65k€40k▼
Trade receivables40€61k€38k▼
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€47k€55k▲
Deferred charges and accrued income490/1€14k€15k▲
Equity and liabilities
Total equity and liabilities10/49€558k€531k▼
Equity10/15€182k€139k▼
Contributions10/11€41k€41k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€121k€77k▼
Amounts payable17/49€376k€392k▲
Amounts payable after more than one year17€40k€8k▼
Financial debts170/4€40k€8k▼
Amounts payable within one year42/48€336k€384k▲
Current portion of amounts payable after more than one year42€56k€56k▲
Financial debts43€68k€74k▲
Credit institutions430/8€68k€74k▲
Trade debts44€135k€133k▼
Suppliers440/4€135k€133k▼
Taxes, remuneration and social security45€67k€108k▲
Taxes450/3€22k€26k▲
Remuneration and social security454/9€44k€82k▲
Other amounts payable47/48€10k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€283k€355k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€38k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€381k€366k▼
Operating profit (loss)9901€60k€-32k▼
Financial income75/76B€650-
Recurring financial income75€650-
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€49k€-43k▼
Income taxes67/77€12k€711▼
Profit (loss) for the period9904€38k€-43k▼
Profit (loss) for the period to be appropriated9905€38k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€77k▼
Profit (loss) brought forward from the previous period14P€83k€121k▲
The notes to these accounts (9 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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-43k ▼215%
Net result drops to €-43k, the lowest in the series.
02-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 33 days late
2024
31-12
Financial
Highest result since 2018net €38k ▲342%
Operating result €60k, net result €38k, both a record.
31-12
Financial
Equity above €150kEq €182k ▲26%
4 profitable years in a row build equity to €182k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 4 days late
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ath · 1 establishment unit since 1988
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.
Rue de la Brasserie(Lig) 557812 AthGround area
327 m²
Building footprint
161 m²
Parcel 57049A0271/00H002, Wallonia. Linked by address, not a title deed.
1 establishment unit
CENTRALE DES VIANDES DE LIGNE
since 19882.040.174.472
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57049A0271/00H002 | Wallonia | 327 m² | 1 · 161 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAth2.040.174.472
Similar companies · same sector, comparable size
DESFO
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KLASSESLAGER LENAERTS-VERBEEK
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REDAA
BE 0823.270.573
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DE LOBERGE
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Antwerpen · Eq €139k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-1982
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.