CUREALES
ActiveCUREALES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €61k and a net result of €25k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 19347 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
98
/ 100
Excellent▼ -2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.77 against 4.45 in 2023), and 19% 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 risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 16-06-2025, 45 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
51 d early
2022
24 d early
2021
31 d early
2020
11 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€61k▼ 20.7%
2023 · €77k
2020: €43k
2021: €52k
2022: €64k
2023: €77k
2020 → 2024
Total assets
€76k▼ 21.9%
2023 · €97k
2020: €56k
2021: €68k
2022: €79k
2023: €97k
2020 → 2024
Net result
€25k▲ 6.1%
2023 · €23k
2020: €23k
2021: €9k
2022: €12k
2023: €23k
2020 → 2024
Working capital
€52k▼ 22.2%
2023 · €66k
2020: €29k
2021: €41k
2022: €56k
2023: €66k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€43k-€52k▲ 21.4%€64k▲ 22.8%€77k▲ 20.9%€61k▼ 20.7%
Operating result€29k-€13k▼ 55.5%€16k▲ 28.8%€32k▲ 93.2%€33k▲ 4.3%
Net result€23k-€9k▼ 59.8%€12k▲ 29.1%€23k▲ 97.4%€25k▲ 6.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 4% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €76k
Fixed assets
€10k▼ 7.5%
Current assets
€65k▼ 23.7%
Equity and liabilities €76k
Equity
€61k▼ 20.7%
Debt
€14k▼ 26.6%
The debt ratio falls from 20.2% to 19.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€39k▲
2023 · €37k
Cash flow
€30k▲
2023 · €29k
Solvency
81.0%▲
2023 · 79.8%
Current ratio
4.77▲
2023 · 4.45
Quick ratio
4.77▲
2023 · 4.45
Debt / equity
0.23▼
2023 · 0.25
ROE
40.5%▲
2023 · 30.3%
ROA
32.8%▲
2023 · 24.2%
Interest coverage
53.58▼
2023 · 109.66
Debt
€14k▼
2023 · €20k
Debt ≤ 1 year
€14k▼
2023 · €19k
Income taxes
€8k▲
2023 · €8k
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€97k€76k▼
Fixed assets21/28€11k€10k▼
Tangible fixed assets22/27€11k€10k▼
Furniture and vehicles24€11k€10k▼
Current assets29/58€86k€65k▼
Amounts receivable within one year40/41€13k€13k▲
Trade receivables40€13k€13k=
Other amounts receivable41€209€509▲
Current investments50/53€30k€0▼
Cash at bank and in hand54/58€43k€52k▲
Equity and liabilities
Total equity and liabilities10/49€97k€76k▼
Equity10/15€77k€61k▼
Contributions10/11€20k€20k=
Reserves13-€41k
Distributable reserves133-€41k
Profit (loss) carried forward14€57k€0▼
Amounts payable17/49€20k€14k▼
Amounts payable within one year42/48€19k€14k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Other amounts payable47/48€8k€0▼
Accrued charges and deferred income492/3€246€616▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€1k€997▼
Gross operating margin9900€38k€40k▲
Operating profit (loss)9901€32k€33k▲
Financial income75/76B€0€458▲
Recurring financial income75€0€458▲
Financial charges65/66B€339€720▲
Recurring financial charges65€339€720▲
Profit (loss) for the period before taxes9903€31k€33k▲
Income taxes67/77€8k€8k▲
Profit (loss) for the period9904€23k€25k▲
Profit (loss) for the period to be appropriated9905€23k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€82k▲
Profit (loss) brought forward from the previous period14P€44k€57k▲
Transfer to equity691/2-€41k
To other reserves6921-€41k
Profit to be distributed694/7€10k€41k▲
Return on contributions (dividend)694€10k€41k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
02-09
State Gazette act
Incorporation · Founding capital
Bank account · Capital contribution
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €25k ▲6.1%
Operating result €33k, net result €25k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €9k ▼59.8%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kortrijk · 1 establishment unit since 2020
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.
Open Veld(Kor) 218500 KortrijkGround area
1,356 m²
Building footprint
183 m²
Volume, LiDAR
329 m³
Parcel 34352C0408/00M000, Flanders · tallest building 8.3 m. Linked by address, not a title deed.
1 establishment unit
CUREALES
since 20202.298.737.969
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0408/00M000 | Flanders | 1,356 m² | 1 · 183 m² | 8.3 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.
Similar companies · same sector, comparable size
Metis I Poperinge
BE 1010.765.536
Staden · Eq €62k
Metis I Maldegem
BE 1015.427.177
Gent · Eq €62k
Metis I Wingene
BE 1015.427.474
Staden · Eq €62k
BVI.EU WAVRE Q
BE 0652.642.625
Wavre · Eq €63k
CONDO INVEST
BE 0630.957.284
Denderleeuw · Eq €60k
Of 1,288 companies in sector 68122 we hold annual accounts for 897. 491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-01-2020
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
41001General construction of residential buildings
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.