DE BENGEL MANAGEMENT
ActiveDE BENGEL MANAGEMENT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245k and a net result of €61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 9.49 against 8.76 in 2024; short-term debt: 8.6% and cash: 0.9% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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
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
91.4%
Return on assets
22.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €245k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
55 d late
2023
26 d late
2022
66 d late
2021
30 d late
2020
31 d late
2019
96 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€245k▲ 33.1%
2024 · €184k
2018: €75k
2019: €34k
2020: €27k
2021: €22k
2022: €78k
2023: €87k
2024: €184k
2018 → 2025
Total assets
€268k▲ 29.0%
2024 · €208k
2018: €104k
2019: €80k
2020: €37k
2021: €33k
2022: €85k
2023: €90k
2024: €208k
2018 → 2025
Net result
€61k▼ 37.2%
2024 · €97k
2018: €8k
2019: €-41k
2020: €-8k
2021: €-5k
2022: €56k
2023: €9k
2024: €97k
2018 → 2025
Working capital
€195k▲ 6.0%
2024 · €184k
2018: €69k
2019: €34k
2020: €27k
2021: €22k
2022: €78k
2023: €87k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€78k▲ 259%€87k▲ 11.2%€184k▲ 111%€245k▲ 33.1%
Operating result€-5k-€56k€8k▼ 86.3%€95k▲ 1,145%€60k▼ 37.1%
Net result€-5k-€56k€9k▼ 84.4%€97k▲ 1,005%€61k▼ 37.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€50k
Current assets
€218k
Equity and liabilities €268k
Equity
€245k▲ 33.1%
Debt
€23k▼ 3.2%
The debt ratio falls from 11.4% to 8.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60k
Cash flow
€61k
Solvency
91.4%▲
2024 · 88.6%
Current ratio
9.49▲
2024 · 8.76
Quick ratio
9.49▲
2024 · 8.76
Debt / equity
0.09▼
2024 · 0.13
ROE
24.9%▼
2024 · 52.7%
ROA
22.7%▼
2024 · 46.7%
Interest coverage
169.63
Debt
€23k▼
2024 · €24k
Debt ≤ 1 year
€23k▼
2024 · €24k
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€208k€268k▲
Fixed assets21/28-€50k
Intangible fixed assets21-€50k
Current assets29/58€208k€218k▲
Amounts receivable within one year40/41€206k€215k▲
Trade receivables40€175k€199k▲
Other amounts receivable41€31k€16k▼
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€137€137=
Equity and liabilities
Total equity and liabilities10/49€208k€268k▲
Equity10/15€184k€245k▲
Contributions10/11€280k€280k=
Capital10€280k€280k=
Issued capital100€280k€280k=
Reserves13€15k€15k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Profit (loss) carried forward14€-111k€-50k▲
Amounts payable17/49€24k€23k▼
Amounts payable within one year42/48€24k€23k▼
Financial debts43€22k-
Other loans439€22k-
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45-€23k
Taxes450/3-€23k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€27
Other operating charges640/8€693€684▼
Non-recurring operating charges66A€8k-
Gross operating margin9900€104k€61k▼
Operating profit (loss)9901€95k€60k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€274€354▲
Recurring financial charges65€274€354▲
Profit (loss) for the period before taxes9903€97k€61k▼
Profit (loss) for the period9904€97k€61k▼
Profit (loss) for the period to be appropriated9905€97k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-111k€-50k▲
Profit (loss) brought forward from the previous period14P€-208k€-111k▲
The notes to these accounts (4 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €245k ▲33.1%
4 profitable years in a row build equity to €245k.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Highest result since 2018net €97k ▲1005%
Operating result €95k, net result €97k, both a record.
31-12
Financial
Equity above €150kEq €184k ▲111%
3 profitable years in a row build equity to €184k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 32.07
Current ratio from 11.97 to 32.07; short-term debt falls from €7k to €3k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €56k
Net result €56k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 11.97
Current ratio from 3.00 to 11.97; short-term debt falls from €11k to €7k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 3.68
Current ratio from 1.76 to 3.68; short-term debt falls from €45k to €10k.
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
31-12
Financial
Weakest financial yearnet €-41k ▼636%
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Geraardsbergen · 1 establishment unit since 2002
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.
Wijngaardstraat 479500 GeraardsbergenGround area
1,081 m²
Building footprint
164 m²
Volume, LiDAR
2,254 m³
Parcel 41018A0259/00E000, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
DE BENGEL MANAGEMENT
since 20022.101.684.944
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41018A0259/00E000 | Flanders | 1,081 m² | 1 · 164 m² | 21.8 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.
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Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 4,332 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-01-2002
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
70322
71404
77223Rental and leasing activities
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationGeneral meeting
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Divers. (AOPC-1-9-05396/26.05)