DE GARRE
ActiveDE GARRE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214k and a net result of €93k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 76% of 13009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency93▼-7
Growth78=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 3.3 in 2024), and 38.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
61.2%
Return on assets
26.5%
Age of the figures
14 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 30-06-2025 was due by 31-01-2026 and was filed on 27-10-2025, 96 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
96 d early
2024
46 d early
2023
51 d early
2022
50 d early
2021
49 d early
2020
47 d early
2019
46 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€214k▼ 9.3%
2024 · €236k
2019: €84k
2020: €55k
2021: €-39k
2022: €42k
2023: €152k
2024: €236k
2019 → 2025
Total assets
€350k▲ 23.7%
2024 · €283k
2019: €182k
2020: €136k
2021: €95k
2022: €160k
2023: €215k
2024: €283k
2019 → 2025
Net result
€93k▲ 3.9%
2024 · €89k
2019: €-3k
2020: €-29k
2021: €-94k
2022: €81k
2023: €115k
2024: €89k
2019 → 2025
Working capital
€104k▼ 3.0%
2024 · €107k
2019: €-4k
2020: €-3k
2021: €-53k
2022: €22k
2023: €138k
2024: €107k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-39k-€42k€152k▲ 260%€236k▲ 55.4%€214k▼ 9.3%
Operating result€-93k-€92k€138k▲ 50.1%€125k▼ 9.4%€129k▲ 2.9%
Net result€-94k-€81k€115k▲ 41.8%€89k▼ 22.3%€93k▲ 3.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €350k
Fixed assets
€111k▼ 14.4%
Current assets
€239k▲ 56.1%
Equity and liabilities €350k
Equity
€214k▼ 9.3%
Debt
€136k▲ 191%
The debt ratio rises from 16.5% to 38.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€155k▲
2024 · €128k
Cash flow
€119k▲
2024 · €92k
Solvency
61.2%▼
2024 · 83.5%
Current ratio
1.77▼
2024 · 3.30
Quick ratio
1.60▼
2024 · 2.84
Debt / equity
0.63▲
2024 · 0.20
ROE
43.3%▲
2024 · 37.8%
ROA
26.5%▼
2024 · 31.5%
Interest coverage
23.56▲
2024 · 22.38
Debt
€136k▲
2024 · €47k
Debt ≤ 1 year
€135k▲
2024 · €46k
Income taxes
€32k▲
2024 · €30k
Staff costs
€122k▲
2024 · €104k
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€283k€350k▲
Fixed assets21/28€130k€111k▼
Tangible fixed assets22/27€127k€108k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€123k€101k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€153k€239k▲
Stocks and contracts in progress3€21k€22k▲
Stocks30/36€21k€22k▲
Amounts receivable within one year40/41€6k€14k▲
Trade receivables40€3k€2k▼
Other amounts receivable41€4k€12k▲
Current investments50/53-€100k
Cash at bank and in hand54/58€119k€91k▼
Deferred charges and accrued income490/1€7k€11k▲
Equity and liabilities
Total equity and liabilities10/49€283k€350k▲
Equity10/15€236k€214k▼
Contributions10/11€6k€6k=
Reserves13€230k€208k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€230k€208k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€47k€136k▲
Amounts payable within one year42/48€46k€135k▲
Financial debts43€8k€8k▼
Credit institutions430/8€8k€8k▼
Trade debts44€15k€15k▼
Suppliers440/4€15k€15k▼
Taxes, remuneration and social security45€18k€19k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€9k€11k▲
Other amounts payable47/48€5k€93k▲
Accrued charges and deferred income492/3€387€480▲
Income statement
Code20242025
Non-recurring operating income76A€22k€0▼
Remuneration, social security and pensions62€104k€122k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€27k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€235k€279k▲
Operating profit (loss)9901€125k€129k▲
Financial income75/76B€2€2k▲
Recurring financial income75€2€2k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€119k€125k▲
Income taxes67/77€30k€32k▲
Profit (loss) for the period9904€89k€93k▲
Profit (loss) for the period to be appropriated9905€89k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€93k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€22k
Transfer to equity691/2€84k€0▼
To other reserves6921€84k€0▼
Profit to be distributed694/7€5k€115k▲
Return on contributions (dividend)694-€115k
Directors or managers695€5k€0▼
The notes to these accounts (13 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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Equity above €200kEq €236k ▲55.4%
3 profitable years in a row build equity to €236k.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €115k ▲41.8%
Operating result €138k, net result €115k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 3.21
Current ratio from 1.19 to 3.21; short-term debt falls from €117k to €62k.
30-06
Financial
Equity above €150kEq €152k ▲260%
2 profitable years in a row build equity to €152k.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €81k
Net result €81k after 3 loss-making years.
30-06
Financial
Liquidity doublescurrent ratio 1.19
Current ratio from 0.53 to 1.19.
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series; recovery starts the following year.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
16-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
09-01
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.
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, Brugge · 1 establishment unit since 2013
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.
De Garre 18000 BruggeGround area
76 m²
Building footprint
56 m²
Volume, LiDAR
449 m³
Parcel 31802B1182/00H000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
De Garre
since 20132.216.084.665
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31802B1182/00H000 | Flanders | 76 m² | 1 · 56 m² | 10.8 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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BILLARDELLO
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MUNDI IMPERATOR
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STAMMBAR
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CAFE GALGENHUIS
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Of 13,834 companies in sector 56301 we hold annual accounts for 4,806. 2,971 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2012
Fiscal year end30-06
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.