DE VAGE BELOFTE
ActiveDE VAGE BELOFTE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €3k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 18942 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 39.97 against 62.1 in 2023; short-term debt: 2.5% and cash: 0.4% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · 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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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
not confirmed
2024
69 d late
2023
28 d late
2022
31 d late
2021
121 d late
2020
114 d late
2019
116 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€174k▲ 1.6%
2023 · €171k
2018: €158k
2019: €161k
2020: €164k
2021: €166k
2022: €170k
2023: €171k
2018 → 2024
Total assets
€178k▲ 2.5%
2023 · €174k
2018: €158k
2019: €162k
2020: €166k
2021: €170k
2022: €171k
2023: €174k
2018 → 2024
Net result
€3k▲ 76.1%
2023 · €2k
2018: €3k
2019: €3k
2020: €3k
2021: €3k
2022: €3k
2023: €2k
2018 → 2024
Working capital
€174k▲ 1.6%
2023 · €171k
2018: €158k
2019: €161k
2020: €164k
2021: €166k
2022: €170k
2023: €171k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€164k-€166k▲ 1.7%€170k▲ 1.9%€171k▲ 0.9%€174k▲ 1.6%
Operating result€-2k-€-2k▲ 3.5%€-1k▲ 16.1%€-3k▼ 127%€-2k▲ 35.7%
Net result€3k-€3k▲ 6.5%€3k▲ 13.3%€2k▼ 49.3%€3k▲ 76.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €3k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €178k
Equity
€174k▲ 1.6%
Debt
€4k▲ 59.3%
The debt ratio rises from 1.6% to 2.5%. Equity and debt are higher.
Key figures and ratios
Solvency
97.5%▼
2023 · 98.4%
Current ratio
39.97▼
2023 · 62.10
Quick ratio
39.97▼
2023 · 62.10
Debt / equity
0.03▲
2023 · 0.02
ROE
1.6%▲
2023 · 0.9%
ROA
1.6%▲
2023 · 0.9%
Debt
€4k▲
2023 · €3k
Debt ≤ 1 year
€4k▲
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€174k€178k▲
Current assets29/58€174k€178k▲
Amounts receivable within one year40/41€173k€178k▲
Other amounts receivable41€173k€178k▲
Cash at bank and in hand54/58€729€700▼
Equity and liabilities
Total equity and liabilities10/49€174k€178k▲
Equity10/15€171k€174k▲
Contributions10/11€50k€50k=
Reserves13€127k€127k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€102k€102k=
Profit (loss) carried forward14€-5k€-2k▲
Amounts payable17/49€3k€4k▲
Amounts payable within one year42/48€3k€4k▲
Financial debts43-€2
Credit institutions430/8-€2
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Other amounts payable47/48€2k€2k▲
Income statement
Code20232024
Other operating charges640/8€100€216▲
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-3k€-2k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€30€30=
Recurring financial charges65€30€30=
Profit (loss) for the period before taxes9903€2k€3k▲
Profit (loss) for the period9904€2k€3k▲
Profit (loss) for the period to be appropriated9905€2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-2k▲
Profit (loss) brought forward from the previous period14P€-7k€-5k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼49.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 119.16
Current ratio from 50.64 to 119.16; short-term debt falls from €3k to €1k.
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Menen · 1 establishment unit since 1996
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.
Bruggestraat 3018930 MenenGround area
1,074 m²
Building footprint
386 m²
Volume, LiDAR
2,694 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DE VAGE BELOFTE
since 19962.075.107.835
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34372B0311/00M009 | Flanders | 914 m² | 1 · 195 m² | 12.1 m · 2 fl. |
| 33011I0058/00E000 | Flanders | 160 m² | 1 · 191 m² | 11.7 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
EIGHTEEN PLUS
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PALY
BE 0465.083.128
Eeklo · Eq €174k
MARIMAIN
BE 1030.532.750
Gent · Eq €174k
ARIBA
BE 0738.700.926
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LENU
BE 0873.184.991
Alken · Eq €174k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,250 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-1995
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.