DE KRUISBERG
ActiveDE KRUISBERG has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.16M and a net result of €189k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 87 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-1
Solvency51▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.57 in 2024; short-term debt: 45.6% and cash: 6.2% of total assets), and 74% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
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
26%
Return on assets
2.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 87 sector peers (2025).
NBB · sector comparisonPosition among 87 sector peers
Solvency
better than 23%
← weakest
strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
9 d early
2023
15 d early
2022
53 d early
2021
11 d early
2020
31 d late
2019
on the day
← 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
17-09-2026 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
€189k▼ 16.1%
2024 · €225k
2018: €124k
2019: €62k
2020: €-99k
2021: €51k
2022: €-180k
2023: €283k
2024: €225k
2018 → 2025
Working capital
€-1.40M▲ 13.5%
2024 · €-1.62M
2018: €-95k
2019: €-319k
2020: €-340k
2021: €-520k
2022: €-1.21M
2023: €-1.42M
2024: €-1.62M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.64M-€1.46M▼ 11.0%€1.74M▲ 19.4%€1.97M▲ 12.9%€2.16M▲ 9.6%
Operating result€104k-€-121k€355k€369k▲ 3.9%€301k▼ 18.4%
Net result€51k-€-180k€283k€225k▼ 20.3%€189k▼ 16.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.28M
Fixed assets
€5.91M▲ 25.9%
Current assets
€2.38M▲ 11.0%
Equity and liabilities €8.28M
Equity
€2.16M▲ 9.6%
Debt
€6.13M▲ 25.9%
The debt ratio rises from 71.2% to 74.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€824k▼
2024 · €888k
Cash flow
€711k▼
2024 · €744k
Solvency
26.0%▼
2024 · 28.8%
Current ratio
0.63▲
2024 · 0.57
Quick ratio
0.60▲
2024 · 0.53
Debt / equity
2.84▲
2024 · 2.47
ROE
8.8%▼
2024 · 11.5%
ROA
2.3%▼
2024 · 3.3%
Interest coverage
13.82▼
2024 · 15.55
Debt
€6.13M▲
2024 · €4.86M
Debt ≤ 1 year
€3.78M▲
2024 · €3.76M
Debt > 1 year
€2.35M▲
2024 · €1.10M
Income taxes
€53k▼
2024 · €87k
Staff costs
€250k▲
2024 · €214k
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€6.83M€8.28M▲
Fixed assets21/28€4.69M€5.91M▲
Tangible fixed assets22/27€4.66M€5.88M▲
Land and buildings22€3.71M€4.49M▲
Plant, machinery and equipment23€631k€999k▲
Furniture and vehicles24€84k€59k▼
Leasing and similar rights25€238k€326k▲
Financial fixed assets28€27k€27k=
Current assets29/58€2.14M€2.38M▲
Stocks and contracts in progress3€165k€122k▼
Stocks30/36€165k€122k▼
Amounts receivable within one year40/41€1.18M€1.71M▲
Trade receivables40€1.14M€1.71M▲
Other amounts receivable41€48k€86▼
Cash at bank and in hand54/58€791k€510k▼
Deferred charges and accrued income490/1€936€34k▲
Equity and liabilities
Total equity and liabilities10/49€6.83M€8.28M▲
Equity10/15€1.97M€2.16M▲
Contributions10/11€1.16M€1.16M=
Capital10€1.16M€1.16M=
Issued capital100€1.16M€1.16M=
Reserves13€811k€1.00M▲
Non-distributable reserves130/1€116k€116k=
Legal reserve130€116k€116k=
Distributable reserves133€695k€885k▲
Amounts payable17/49€4.86M€6.13M▲
Amounts payable after more than one year17€1.10M€2.35M▲
Financial debts170/4€1.10M€2.35M▲
Amounts payable within one year42/48€3.76M€3.78M▲
Current portion of amounts payable after more than one year42€434k€415k▼
Trade debts44€869k€1.22M▲
Suppliers440/4€869k€1.22M▲
Taxes, remuneration and social security45€128k€235k▲
Taxes450/3€91k€199k▲
Remuneration and social security454/9€37k€36k▼
Other amounts payable47/48€2.33M€1.91M▼
Income statement
Code20242025
Non-recurring operating income76A€0€334k▲
Remuneration, social security and pensions62€214k€250k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€519k€522k▲
Other operating charges640/8€84k€162k▲
Non-recurring operating charges66A-€75
Gross operating margin9900€1.19M€1.24M▲
Operating profit (loss)9901€369k€301k▼
Financial income75/76B€608€90▼
Recurring financial income75€608€90▼
Financial charges65/66B€57k€60k▲
Recurring financial charges65€57k€60k▲
Profit (loss) for the period before taxes9903€313k€242k▼
Income taxes67/77€87k€53k▼
Profit (loss) for the period9904€225k€189k▼
Profit (loss) for the period to be appropriated9905€225k€189k▼
Appropriation of the result
Profit (loss) to be appropriated9906€225k€189k▼
Transfer to equity691/2€225k€189k▼
To other reserves6921€225k€189k▼
Social balance
Average headcount (FTE)90873.83.8=
The notes to these accounts (17 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
17-07
State Gazette act
Capital & shares · Resignations & appointments · RestructuringDemerger · Accounting effect · Capital decrease8 facts ▸
State Gazette act
Capital & shares · Resignations & appointments · Restructuring
Demerger · Accounting effect · Capital decrease8 facts ▸
- Demerger, partielle splitsing
- Accounting effect, 2026-01-01
- Capital decrease, €-155.550,73
- Capital, €1.000.449,27
- Share issue, 46600
- Incorporation, 2026-06-30
- Power of attorney, Deloitte Legal - Lawyers
- Power of attorney, DE KRUISBERG
22-05
State Gazette act
RestructuringBoard meeting · Demerger · Corporate purpose8 facts ▸
State Gazette act
Restructuring
Board meeting · Demerger · Corporate purpose8 facts ▸
- Board meeting, 2026-05-12
- Demerger, splitsing door oprichting van een nieuwe vennootschap, 46600
- Corporate purpose, Het bestuur van alle onroerende goederen en namelijk de uitbating van de bossen, de landerijen en de boomteelt. Zij mag alle verrichtingen doen die rechtstreeks…
- Corporate purpose, De vennootschap heeft de uitoefening van de volgende verrichtingen tot voorwerp, zowel in België als in het buitenland, voor eigen rekening, voor rekening van d…
- Accounting effect, 2026-01-01
- Auditor appointment, Luc Callaert (bedrijfsrevisor)
- Real estate, Meerdere percelen grond, waaronder een perceel met woning en aanhorigheden, gelegen te De Lusthoven 90, 2370 Arendonk. Perceelnummers: A28z, A28y, A28a2, A28b2,…
- Eag date, einde juni 2026
2025
31-12
Financial
Equity above €2MEq €2.16M ▲9.6%
3 profitable years in a row build equity to €2.16M.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €283k
Net result €283k after one loss-making year.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-180k ▼455%
Net result drops to €-180k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-01-2026
Elisabeth Laloux: Resigned as Director
12-10-2023
dE CARTIER dE MARCHIENNE, Jean-Louis Marie Ghislain: Resigned as Director
12-10-2023
LALOUX Elisabeth Marie Ghislaine Françoise Dominique: Resigned as Director
11-05-2021
Elisabeth Laloux: Resigned as Director
11-05-2021
de Cartier de Marchienne Jean-Louis: Resigned as Director
15-12-2017
DE CARTIER DE MARCHIENNE Raoul: Resigned as Director
15-12-2017
EMSENS Viviane: Resigned as Director
28-08-2008
Viviane de Cartier de Marchienne-Emsens: Resigned as Director
Location & real-estate footprint
Registered office, Arendonk · 1 establishment unit since 1978
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 Lusthoven 962370 ArendonkGround area
5,231 m²
Building footprint
937 m²
Parcel 13001A0020/00G004, Flanders. Linked by address, not a title deed.
1 establishment unit
De Lusthoven 96, 2370 Arendonk
since 19782.014.895.579
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13001A0020/00G004 | Flanders | 5,231 m² | 1 · 937 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.
Statutory auditor
1 auditor| Luc CallaertCurrent Company auditor | 13-05-2026 → present |
Structure & network
Acquisitions and mergers
1 transactionContributed a business line to:De Nonneheide
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 32,950 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 32,950 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteArendonk2.014.895.579
Similar companies · same sector, comparable size
LINARIA
BE 0415.149.805
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Kempens Bosbeheer
BE 0418.013.283
Wezembeek-Oppem · Eq €2.14M
AGRO SEED RESEARCH
BE 0463.335.247
Oudsbergen · Eq €2.12M
ENTREPRISES O. VANDAME
BE 0463.108.880
Silly · Eq €2.20M
GDA CONSULTING
BE 0463.709.092
Kortenaken · Eq €2.10M
Of 5,168 companies in sector 01110 we hold annual accounts for 612. 325 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-05-1978
Fiscal year end31-12
Activities, NACEBEL
01110Growing of cereals (except rice), leguminous crops and oil seeds
02100Forestry and logging
01500Mixed farming
Sources
Crossroads Bank for EnterprisesNational Bank · 47 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.