D&E INVEST
ActiveSummary
D&E INVEST has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-8
Solvency38▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.55 in 2023; short-term debt: 16.9% and cash: 0.6% of total assets), and 87.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €106k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
71 d late
2022
31 d late
2021
30 d late
2020
74 d early
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 60.0%
2023 · €66k
2018: €13k
2019: €-5k
2020: €3k
2021: €7k
2022: €35k
2023: €66k
2018 → 2024
Total assets
€830k▲ 77.1%
2023 · €469k
2018: €355k
2019: €430k
2020: €405k
2021: €447k
2022: €454k
2023: €469k
2018 → 2024
Net result
€54k▼ 4.0%
2023 · €56k
2018: €-9k
2019: €-18k
2020: €8k
2021: €5k
2022: €28k
2023: €56k
2018 → 2024
Working capital
€-86k▼ 116%
2023 · €-40k
2018: €-22k
2019: €-47k
2020: €-37k
2021: €-47k
2022: €-66k
2023: €-40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3k-€7k▲ 157%€35k▲ 369%€66k▲ 87.6%€106k▲ 60.0%
Operating result€16k-€16k▼ 1.1%€39k▲ 144%€72k▲ 84.1%€82k▲ 13.6%
Net result€8k-€5k▼ 40.3%€28k▲ 504%€56k▲ 102%€54k▼ 4.0%
Turnover and EBIT margin not published: the abbreviated or 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 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €830k
Fixed assets
€776k ▲ 85.0%
Current assets
€54k ▲ 10.1%
Equity and liabilities €830k
Equity
€106k ▲ 60.0%
Debt
€724k ▲ 79.9%
Debt's share of the balance-sheet total rises from 85.9% to 87.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106k▲
2023 · €95k
Cash flow
€77k▼
2023 · €79k
Current ratio
0.39▼
2023 · 0.55
Debt to equity
6.86▲
2023 · 6.10
ROE
50.8%▼
2023 · 84.6%
ROA
6.5%▼
2023 · 11.9%
Interest coverage
5.95▼
2023 · 10.96
Debt ≤ 1 year
€140k▲
2023 · €89k
Debt > 1 year
€584k▲
2023 · €313k
Income taxes
€13k▲
2023 · €8k
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€469k€830k▲
Fixed assets21/28€419k€776k▲
Tangible fixed assets22/27€419k€776k▲
Land and buildings22€391k€751k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€25k€22k▼
Current assets29/58€49k€54k▲
Amounts receivable within one year40/41€45k€50k▲
Other amounts receivable41€45k€50k▲
Cash at bank and in hand54/58€4k€5k▲
Deferred charges and accrued income490/1€85-
Equity and liabilities
Total equity and liabilities10/49€469k€830k▲
Equity10/15€66k€106k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€46k€85k▲
Amounts payable17/49€403k€724k▲
Amounts payable after more than one year17€313k€584k▲
Financial debts170/4€313k€584k▲
Amounts payable within one year42/48€89k€140k▲
Current portion of amounts payable after more than one year42€24k€42k▲
Trade debts44€183€33k▲
Suppliers440/4€183€33k▲
Taxes, remuneration and social security45€27k€19k▼
Taxes450/3€27k€19k▼
Other amounts payable47/48€38k€46k▲
Income statement
Code20232024
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€2k€43k▲
Gross operating margin9900€97k€148k▲
Operating profit (loss)9901€72k€82k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€9k€18k▲
Recurring financial charges65€9k€18k▲
Profit (loss) for the period before taxes9903€63k€67k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€56k€54k▼
Profit (loss) for the period to be appropriated9905€56k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€99k▲
Profit (loss) brought forward from the previous period14P€15k€46k▲
Profit to be distributed694/7€25k€14k▼
Directors or managers695€25k€14k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
2024
31-12
Financial
Equity above €100kEq €106k ▲60%
5 profitable years in a row build equity to €106k.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial
Highest result since 2018net €56k ▲102%
Net result €56k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Laakdal · 1 establishment unit since 2015
Ground area
889 m²
Building footprint
192 m²
Parcel 13042B0399/00B002, Flanders. Linked by address, not a title deed.
1 establishment unit
D&E INVEST
since 20152.241.517.273
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13042B0399/00B002 | Flanders | 889 m² | 1 · 192 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.
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,722 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.