DE GRANDE
ActiveDE GRANDE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.19M and a net result of €-586k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 44% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-49
Solvency61▼-6
Growth32▼-46
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days only on tighter terms
Liquidity ample (current ratio 1.5 against 1.52 in 2024), but 68.7% 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+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 →
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
31.3%
Return on assets
-8.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
183 d late
2023
92 d late
2022
30 d late
2021
89 d late
2020
72 d late
2019
145 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-586k
2024 · €274k
2018: €-151k
2019: €-274k
2020: €120k
2021: €-20k
2022: €183k
2023: €72k
2024: €274k
2018 → 2025
Working capital
€2.31M▼ 11.2%
2024 · €2.60M
2018: €2.19M
2019: €1.93M
2020: €2.07M
2021: €2.03M
2022: €2.23M
2023: €2.24M
2024: €2.60M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.24M-€2.43M▲ 8.2%€2.50M▲ 3.0%€2.77M▲ 11.0%€2.19M▼ 21.1%
Operating result€-7k-€269k€89k▼ 66.7%€276k▲ 208%€-410k
Net result€-20k-€183k€72k▼ 60.5%€274k▲ 279%€-586k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €410k after €276k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.98M
Fixed assets
€60k▼ 77.3%
Current assets
€6.92M▼ 8.9%
Equity and liabilities €6.98M
Equity
€2.19M▼ 21.1%
Debt
€4.79M▼ 5.8%
The debt ratio rises from 64.7% to 68.7%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-396k▼
2024 · €289k
Cash flow
€-572k▼
2024 · €287k
Solvency
31.3%▼
2024 · 35.3%
Current ratio
1.50▼
2024 · 1.52
Quick ratio
0.04▲
2024 · 0.04
Debt / equity
2.19▲
2024 · 1.84
ROE
-26.8%▼
2024 · 9.9%
ROA
-8.4%▼
2024 · 3.5%
Interest coverage
-16.88▼
2024 · 196.95
Debt
€4.79M▼
2024 · €5.09M
Debt ≤ 1 year
€4.61M▼
2024 · €5.00M
Income taxes
€241▼
2024 · €271
Staff costs
€182k▼
2024 · €185k
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€7.86M€6.98M▼
Fixed assets21/28€264k€60k▼
Tangible fixed assets22/27€262k€57k▼
Land and buildings22€190k-
Plant, machinery and equipment23€67k€56k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€3k€3k=
Current assets29/58€7.60M€6.92M▼
Amounts receivable after more than one year29€5k€13k▲
Other amounts receivable291€5k€13k▲
Stocks and contracts in progress3€7.42M€6.71M▼
Stocks30/36€7.42M€6.71M▼
Amounts receivable within one year40/41€145k€156k▲
Trade receivables40€101k€156k▲
Other amounts receivable41€43k-
Cash at bank and in hand54/58€19k€24k▲
Deferred charges and accrued income490/1€12k€13k▲
Equity and liabilities
Total equity and liabilities10/49€7.86M€6.98M▼
Equity10/15€2.77M€2.19M▼
Contributions10/11€942k€942k=
Capital10€942k€942k=
Issued capital100€942k€942k=
Reserves13€1.83M€1.25M▼
Non-distributable reserves130/1€94k€94k=
Legal reserve130€94k€94k=
Distributable reserves133€1.74M€1.15M▼
Amounts payable17/49€5.09M€4.79M▼
Amounts payable within one year42/48€5.00M€4.61M▼
Financial debts43€391k-
Other loans439€391k-
Trade debts44€96k€140k▲
Suppliers440/4€96k€140k▲
Advances received on contracts in progress46-€265k
Taxes, remuneration and social security45€116k€36k▼
Taxes450/3€34k€18k▼
Remuneration and social security454/9€83k€18k▼
Other amounts payable47/48€4.40M€4.17M▼
Accrued charges and deferred income492/3€90k€181k▲
Income statement
Code20242025
Remuneration, social security and pensions62€185k€182k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-563k-
Other operating charges640/8€9k€3k▼
Gross operating margin9900€-81k€-210k▼
Operating profit (loss)9901€276k€-410k▼
Financial income75/76B€73€2k▲
Recurring financial income75€73€2k▲
Financial charges65/66B€1k€179k▲
Recurring financial charges65€1k€23k▲
Non-recurring financial charges66B-€155k
Profit (loss) for the period before taxes9903€274k€-586k▼
Income taxes67/77€271€241▼
Profit (loss) for the period9904€274k€-586k▼
Profit (loss) for the period to be appropriated9905€274k€-586k▼
Appropriation of the result
Profit (loss) to be appropriated9906€346k€-586k▼
Profit (loss) brought forward from the previous period14P€72k-
Transfer from equity791/2-€586k
Transfer to equity691/2€346k-
To other reserves6921€346k-
Social balance
Average headcount (FTE)90873.73.6▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 183 days late
2025
31-12
Financial
Weakest financial yearnet €-586k ▼314%
Net result drops to €-586k, the lowest in the series.
2024
31-12
Financial
Highest result since 2018net €274k ▲279%
Operating result €276k, net result €274k, both a record.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €183k
Net result €183k after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 72 days late
2020
31-12
Financial
Back to profitnet €120k
Net result €120k after 2 loss-making years.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 145 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
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.
Directors · office · real estate
Directors
6 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, Zedelgem · 2 establishment units since 1983
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.
Remi Claeysstraat 338210 ZedelgemGround area
6,627 m²
Building footprint
2,445 m²
Volume, LiDAR
16,162 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Remi Claeysstraat 33, 8210 Zedelgem
since 19832.022.275.202
Pathoekeweg 11, 8000 Brugge
since 19832.022.275.301
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0459/00B009 | Flanders | 4,682 m² | 1 · 1,240 m² | 8.0 m · 2 fl. |
| 31040D0805/00G000 | Flanders | 1,944 m² | 1 · 1,206 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
HORES
BE 0896.005.925
Oosterzele · Eq €2.23M
BOON - GALLERY
BE 0429.493.135
Knokke-Heist · Eq €2.13M
ORINOCO ART
BE 0460.398.127
Gent · Eq €2.13M
DECO
BE 0441.150.159
Brussel · Eq €2.12M
THE HOUSE
BE 0477.922.166
Brussel · Eq €2.27M
Of 1,431 companies in sector 47791 we hold annual accounts for 453. 165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-04-1983
Fiscal year end31-12
Activities, NACEBEL
46499Wholesale of other household goods
47791Retail sale of antiques
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.