DE MORE
ActiveDE MORE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €5k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 33% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-2
Solvency39▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.17 in 2024; short-term debt: 84.6% and cash: 1% of total assets), and 86.3% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
13.7%
Return on assets
0.7%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-06-2026, 47 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
47 d late
2024
412 d late
2023
566 d late
2022
23 d early
2021
39 d early
2020
150 d late
2019
41 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▲ 5.5%
2024 · €96k
2018: €71k
2019: €72k
2020: €80k
2021: €81k
2022: €83k
2023: €85k
2024: €96k
2018 → 2025
Total assets
€733k▲ 1.4%
2024 · €723k
2018: €1.22M
2019: €1.23M
2020: €1.21M
2021: €754k
2022: €722k
2023: €727k
2024: €723k
2018 → 2025
Net result
€5k▼ 50.6%
2024 · €11k
2018: €643
2019: €459
2020: €9k
2021: €111
2022: €3k
2023: €2k
2024: €11k
2018 → 2025
Working capital
€112k▲ 4.9%
2024 · €107k
2018: €27k
2019: €42k
2020: €54k
2021: €84k
2022: €93k
2023: €96k
2024: €107k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€83k▲ 3.7%€85k▲ 1.8%€96k▲ 12.4%€101k▲ 5.5%
Operating result€-1k-€5k€2k▼ 51.8%€14k▲ 529%€25k▲ 79.4%
Net result€111-€3k▲ 2,566%€2k▼ 48.9%€11k▲ 600%€5k▼ 50.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €733k
Fixed assets
€980=
Current assets
€732k▲ 1.4%
Equity and liabilities €733k
Equity
€101k▲ 5.5%
Debt
€632k▲ 0.8%
The debt ratio falls from 86.8% to 86.3%. Equity and debt are higher.
Key figures and ratios
Solvency
13.7%▲
2024 · 13.2%
Current ratio
1.18▲
2024 · 1.17
Quick ratio
0.31▲
2024 · 0.30
Debt / equity
6.28▼
2024 · 6.57
ROE
5.2%▼
2024 · 11.1%
ROA
0.7%▼
2024 · 1.5%
Debt
€632k▲
2024 · €628k
Debt ≤ 1 year
€620k▲
2024 · €615k
Debt > 1 year
€8k=
2024 · €8k
Income taxes
€20k▲
2024 · €3k
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€723k€733k▲
Fixed assets21/28€980€980=
Financial fixed assets28€980€980=
Current assets29/58€722k€732k▲
Stocks and contracts in progress3€537k€541k▲
Stocks30/36€537k€541k▲
Amounts receivable within one year40/41€181k€184k▲
Trade receivables40-€2k
Other amounts receivable41€181k€182k▲
Cash at bank and in hand54/58€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€723k€733k▲
Equity10/15€96k€101k▲
Contributions10/11€19k€19k=
Reserves13€114k€114k=
Distributable reserves133€114k€114k=
Profit (loss) carried forward14€-37k€-32k▲
Amounts payable17/49€628k€632k▲
Amounts payable after more than one year17€8k€8k=
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€615k€620k▲
Trade debts44€131k€136k▲
Suppliers440/4€131k€136k▲
Taxes, remuneration and social security45€14k€30k▲
Taxes450/3€14k€30k▲
Other amounts payable47/48€471k€455k▼
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20242025
Other operating charges640/8€1k€2k▲
Gross operating margin9900€15k€27k▲
Operating profit (loss)9901€14k€25k▲
Financial charges65/66B€102€432▲
Recurring financial charges65€102€432▲
Profit (loss) for the period before taxes9903€14k€25k▲
Income taxes67/77€3k€20k▲
Profit (loss) for the period9904€11k€5k▼
Profit (loss) for the period to be appropriated9905€11k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-32k▲
Profit (loss) brought forward from the previous period14P€-48k€-37k▲
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
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 412 days late
2025
17-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 566 days late
30-09
Financial
Equity above €100kEq €101k ▲5.5%
8 profitable years in a row build equity to €101k.
2024
30-09
Financial
Highest result since 2018net €11k ▲600%
Net result €11k, the highest in the series.
2023
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €111 ▼98.7%
Net result drops to €111, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 150 days late
2020
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 128 days late
2017
03-04
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.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
no sitting director, last change in 2024
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.
12-01-2024
Malcikan Feti: Resigned as Manager
27-04-2017
Malcikan Feti: Resigned as Manager
12-12-2016
Döne KAHYA: Resigned as Manager
17-12-2015
Malcikan Abdil: Resigned as Manager
01-05-2012
Malcikan Fetl: Resigned as Manager
Not every act has been read: a resignation may be missing here
11 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2007
Ground area
659 m²
Building footprint
472 m²
Volume, LiDAR
3,991 m³
Parcel 44021A2641/00G000, Flanders · tallest building 18.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE MORE
since 20072.192.527.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2641/00G000 | Flanders | 659 m² | 1 · 472 m² | 18.4 m · 1 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.
Similar companies · same sector, comparable size
COENE MARIO
BE 0820.468.461
Houthulst · Eq €101k
YOSAN
BE 0733.755.906
Boortmeerbeek · Eq €101k
MG KITCHEN
BE 1021.255.887
Verviers · Eq €100k
MEUBART-L
BE 0698.996.252
Diest · Eq €101k
MKDA
BE 0763.345.062
Visé · Eq €101k
Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,328 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-02-2007
Fiscal year end30-09
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52442
47530Retail trade
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.