DE MOLEN
ActiveDE MOLEN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.20M and a net result of €309k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 691 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-4
Solvency68▲+3
Growth68▼-1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.61 in 2023; short-term debt: 54% and cash: 22.5% of total assets), but 57.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 87
Relative position
BE, all sectors
reference
Sector 87
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 2024Solvency, return and age of the figures
Solvency
42.8%
Return on assets
6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
41 d early
2022
45 d early
2021
31 d early
2020
46 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€14.30M▲ 3.5%
2023 · €13.81M
2018: €10.74M
2019: €11.50M
2020: €11.48M
2021: €11.29M
2022: €12.98M
2023: €13.81M
2018 → 2024
EBIT margin
2.8%▼ 1.0pp
2023 · 3.7%
2018: 1.8%
2019: 5.0%
2020: 6.2%
2021: 4.4%
2022: 3.4%
2023: 3.7%
2018 → 2024
Net result
€309k▼ 20.8%
2023 · €390k
2018: €175k
2019: €454k
2020: €510k
2021: €348k
2022: €340k
2023: €390k
2018 → 2024
Working capital
€1.88M▲ 13.8%
2023 · €1.65M
2018: €-400k
2019: €235k
2020: €826k
2021: €1.24M
2022: €1.42M
2023: €1.65M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€11.48M-€11.29M▼ 1.6%€12.98M▲ 15.0%€13.81M▲ 6.4%€14.30M▲ 3.5%
Equity€817k-€1.16M▲ 42.6%€1.51M▲ 29.2%€1.89M▲ 25.9%€2.20M▲ 16.3%
Operating result€716k-€492k▼ 31.2%€445k▼ 9.7%€515k▲ 15.8%€394k▼ 23.4%
Net result€510k-€348k▼ 31.8%€340k▼ 2.2%€390k▲ 14.5%€309k▼ 20.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.15M
Fixed assets
€491k▲ 18.6%
Current assets
€4.66M▲ 6.6%
Equity and liabilities €5.15M
Equity
€2.20M▲ 16.3%
Debt
€2.95M▲ 1.9%
The debt ratio falls from 60.4% to 57.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€523k▼
2023 · €658k
Cash flow
€437k▼
2023 · €533k
Solvency
42.8%▲
2023 · 39.6%
Current ratio
1.67▲
2023 · 1.61
Quick ratio
1.67▲
2023 · 1.61
Debt / equity
1.34▼
2023 · 1.53
ROE
14.0%▼
2023 · 20.6%
ROA
6.0%▼
2023 · 8.1%
Interest coverage
18.77▼
2023 · 27.85
Debt
€2.95M▲
2023 · €2.89M
Debt ≤ 1 year
€2.78M▲
2023 · €2.72M
Debt > 1 year
€109k▼
2023 · €132k
Income taxes
€105k▼
2023 · €145k
Staff costs
€9.26M▲
2023 · €8.85M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.79M€5.15M▲
Fixed assets21/28€414k€491k▲
Intangible fixed assets21€0€13k▲
Tangible fixed assets22/27€358k€422k▲
Land and buildings22€7k€3k▼
Plant, machinery and equipment23€211k€170k▼
Furniture and vehicles24€93k€158k▲
Other tangible fixed assets26€46k€91k▲
Financial fixed assets28€56k€56k=
Other financial fixed assets284/8€56k€56k=
Amounts receivable and cash guarantees285/8€56k€56k=
Current assets29/58€4.37M€4.66M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€3.35M€3.28M▼
Trade receivables40€837k€773k▼
Other amounts receivable41€2.52M€2.51M▼
Current investments50/53-€500
Other investments51/53-€500
Cash at bank and in hand54/58€869k€1.16M▲
Deferred charges and accrued income490/1€152k€220k▲
Equity and liabilities
Total equity and liabilities10/49€4.79M€5.15M▲
Equity10/15€1.89M€2.20M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€17k€17k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€6k€6k=
Reserves not available under the articles1311€9k€9k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€1.82M€2.12M▲
Amounts payable17/49€2.89M€2.95M▲
Amounts payable after more than one year17€132k€109k▼
Financial debts170/4€132k€109k▼
Credit institutions173€132k€109k▼
Amounts payable within one year42/48€2.72M€2.78M▲
Current portion of amounts payable after more than one year42€78k€102k▲
Financial debts43€492k€492k=
Credit institutions430/8€492k€492k=
Trade debts44€261k€340k▲
Suppliers440/4€261k€340k▲
Taxes, remuneration and social security45€1.89M€1.85M▼
Taxes450/3€142k€133k▼
Remuneration and social security454/9€1.75M€1.71M▼
Other amounts payable47/48€3k€3k=
Accrued charges and deferred income492/3€39k€57k▲
Income statement
Code20232024
Operating income70/76A€13.96M€14.33M▲
Turnover70€13.81M€14.30M▲
Other operating income74€152k€27k▼
Non-recurring operating income76A-€6k
Operating charges60/66A€13.45M€13.94M▲
Goods for resale, raw materials and consumables60€1.05M€1.02M▼
Purchases600/8€1.05M€1.02M▼
Services and other goods61€3.37M€3.49M▲
Remuneration, social security and pensions62€8.85M€9.26M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€143k€128k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k€5k▲
Other operating charges640/8€38k€35k▼
Operating profit (loss)9901€515k€394k▼
Financial income75/76B€45k€49k▲
Recurring financial income75€45k€49k▲
Income from current assets751€44k€49k▲
Other financial income752/9€525€0▼
Financial charges65/66B€25k€30k▲
Recurring financial charges65€25k€30k▲
Debt charges650€24k€28k▲
Other financial charges652/9€2k€2k▲
Profit (loss) for the period before taxes9903€535k€414k▼
Income taxes67/77€145k€105k▼
Taxes670/3€146k€124k▼
Tax adjustments and reversals of tax provisions77€530€19k▲
Profit (loss) for the period9904€390k€309k▼
Profit (loss) for the period to be appropriated9905€390k€309k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.82M€2.12M▲
Profit (loss) brought forward from the previous period14P€1.43M€1.82M▲
Social balance
Average headcount (FTE)9087139.8140.2▲
The notes to these accounts (102 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation9 facts ▸
- General meeting, 2026-05-22
- Director appointment, Valérie Fraylich (bestuurder)
- Director resignation, Jean-Claude Demeuse (bestuurder)
- Director resignation, Guillaume Raoux (bestuurder)
- Mandate compensation, Valérie Fraylich
- Board meeting, 2026-05-22
- Director appointment, Valérie Fraylich (dagelijks bestuurder)
- Director resignation, Jean-Claude Demeuse (gedelegeerd bestuurder)
- Mandate compensation, Valérie Fraylich
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €2MEq €2.20M ▲16.3%
7 profitable years in a row build equity to €2.20M.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €1MEq €1.16M ▲42.6%
4 profitable years in a row build equity to €1.16M.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €510k ▲12.3%
Operating result €716k, net result €510k, both a record.
31-12
Financial
Equity above €500kEq €817k ▲166%
3 profitable years in a row build equity to €817k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €200kEq €307k
2 profitable years in a row build equity to €307k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 52 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Valérie Fraylich
CurrentDagelijks bestuurder · since 22-05-2026
31-12-2026
Jean-Claude DEMEUSE: Resigned as Managing director
31-12-2026
Jean-Claude DEMEUSE: Resigned as Director
22-05-2026
Valérie Fraylich: Appointed as Dagelijks bestuurder
22-05-2026
Valérie Fraylich: Appointed as Director
22-05-2026
Guillaume RAOUX: Resigned as Director
Location & real-estate footprint
Registered office, Evergem · 2 establishment units since 1991
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.
Patrijzenstraat 1129940 EvergemGround area
1.0 ha
Building footprint
2,590 m²
Volume, LiDAR
8,921 m³
2 parcels, Flanders · tallest building 17.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
RESIDENTIE STUIVENBERG
since 19912.051.488.533
WZC Brembloem
since 20162.258.153.268
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019C1148/00D000 | Flanders | 5,742 m² | 1 · 331 m² | 17.9 m · 4 fl. |
| 44019C1200/00W005 | Flanders | 4,744 m² | 1 · 2,259 m² | 14.0 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 16 entries · 8,011,353 EUR awarded · 8,011,313 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 7,475,682 EUR | 7,475,682 EUR |
| 2024 | 4 | 80,661 EUR | 110,901 EUR |
| 2023 | 4 | 217,964 EUR | 187,684 EUR |
| 2022 | 4 | 237,046 EUR | 237,046 EUR |
Schemes
Erkenning en financiering/subsidiëring van woonzorgcentra
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Relance budget 45 - Inzetten op kwaliteit en 'good governance' van WZC & vooruitschuif nieuw beleid
Vlaams opleidingsverlof (VOV)
Individueel Maatwerk
Show 2 more
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEvergem2.051.488.533
Evergem2.258.153.268
Care and welfare
5 services · 3 liveBrembloem
De Molen
Residentie Stuivenberg
Centrum voor Kortverblijf Residentie Stuivenberg
Show 1 more services
HINDEPLAS
Dual-learning approval
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Of 601 companies in sector 87301 we hold annual accounts for 493. 371 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-01-1991
Fiscal year end31-12
Activities, NACEBEL
85315
87301Residential care activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.