DeGreE
ActiveDeGreE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €182k and a net result of €89k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 9519 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
98
/ 100
Excellent▲ +5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▼-3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 4.49 in 2023), and 45.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 25-06-2025, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
42 d early
2022
38 d early
2021
27 d early
2020
45 d early
2019
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€182k▼ 13.6%
2023 · €210k
2019: €60k
2020: €120k
2021: €194k
2022: €162k
2023: €210k
2019 → 2024
Total assets
€336k▲ 25.2%
2023 · €268k
2019: €72k
2020: €157k
2021: €228k
2022: €292k
2023: €268k
2019 → 2024
Net result
€89k▲ 32.8%
2023 · €67k
2019: €47k
2020: €60k
2021: €74k
2022: €67k
2023: €67k
2019 → 2024
Working capital
€167k▼ 14.6%
2023 · €196k
2019: €54k
2020: €105k
2021: €178k
2022: €141k
2023: €196k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€120k-€194k▲ 61.6%€162k▼ 16.3%€210k▲ 29.8%€182k▼ 13.6%
Operating result€76k-€94k▲ 23.4%€86k▼ 8.2%€93k▲ 7.7%€123k▲ 32.1%
Net result€60k-€74k▲ 22.8%€67k▼ 8.9%€67k▼ 0.2%€89k▲ 32.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 32% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €336k
Fixed assets
€16k▼ 0.1%
Current assets
€320k▲ 26.7%
Equity and liabilities €336k
Equity
€182k▼ 13.6%
Debt
€154k▲ 166%
The debt ratio rises from 21.6% to 45.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€127k▲
2023 · €98k
Cash flow
€93k▲
2023 · €72k
Solvency
54.1%▼
2023 · 78.4%
Current ratio
2.10▼
2023 · 4.49
Quick ratio
2.10▼
2023 · 4.49
Debt / equity
0.85▲
2023 · 0.28
ROE
49.0%▲
2023 · 31.9%
ROA
26.5%▲
2023 · 25.0%
Interest coverage
89.98▲
2023 · 50.96
Debt
€154k▲
2023 · €58k
Debt ≤ 1 year
€152k▲
2023 · €56k
Income taxes
€32k▲
2023 · €24k
Staff costs
€49k▼
2023 · €49k
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€268k€336k▲
Fixed assets21/28€16k€16k▼
Tangible fixed assets22/27€15k€12k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€1k€4k▲
Current assets29/58€252k€320k▲
Amounts receivable within one year40/41€62k€67k▲
Trade receivables40€58k€64k▲
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€182k€248k▲
Deferred charges and accrued income490/1€9k€5k▼
Equity and liabilities
Total equity and liabilities10/49€268k€336k▲
Equity10/15€210k€182k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€192k€163k▼
Amounts payable17/49€58k€154k▲
Amounts payable within one year42/48€56k€152k▲
Trade debts44€757€903▲
Suppliers440/4€757€903▲
Taxes, remuneration and social security45€20k€32k▲
Taxes450/3€14k€25k▲
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€35k€119k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€49k€49k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€791€838▲
Gross operating margin9900€148k€176k▲
Operating profit (loss)9901€93k€123k▲
Financial income75/76B€6€1▼
Recurring financial income75€6€1▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€91k€121k▲
Income taxes67/77€24k€32k▲
Profit (loss) for the period9904€67k€89k▲
Profit (loss) for the period to be appropriated9905€67k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€217k€281k▲
Profit (loss) brought forward from the previous period14P€150k€192k▲
Profit to be distributed694/7€25k€118k▲
Return on contributions (dividend)694€25k€118k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €89k ▲32.8%
Operating result €123k, net result €89k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 4.49
Current ratio from 2.08 to 4.49; short-term debt falls from €130k to €56k.
31-12
Financial
Equity above €200kEq €210k ▲29.8%
5 profitable years in a row build equity to €210k.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €194k ▲61.6%
3 profitable years in a row build equity to €194k.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €120k ▲101%
2 profitable years in a row build equity to €120k.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Kortenberg · 1 establishment unit since 2019
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.
Curegemstraat 263071 KortenbergGround area
850 m²
Building footprint
137 m²
Volume, LiDAR
666 m³
Parcel 24025B0235/00E000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Curegemstraat 26, 3071 Kortenberg
since 20192.284.041.083
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24025B0235/00E000 | Flanders | 850 m² | 1 · 137 m² | 6.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 2 entries · 1,623 EUR awarded · 1,623 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,623 EUR | 1,623 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,510 companies in sector 71121 we hold annual accounts for 6,526. 5,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2019
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.