DEGROBEL
ActiveDEGROBEL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €266k and a net result of €33k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 80% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
98
/ 100
Excellent▲ +12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▲+46
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.55 against 2.93 in 2023), and 28.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 49
Relative position
BE, all sectors
reference
Sector 49
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-06-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d early
2023
25 d early
2022
31 d late
2021
16 d early
2020
25 d late
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€266k▼ 6.0%
2023 · €283k
2018: €246k
2019: €267k
2020: €267k
2021: €270k
2022: €273k
2023: €283k
2018 → 2024
Total assets
€369k▼ 13.9%
2023 · €429k
2018: €680k
2019: €573k
2020: €539k
2021: €648k
2022: €797k
2023: €429k
2018 → 2024
Net result
€33k▲ 257%
2023 · €9k
2018: €63k
2019: €20k
2020: €50k
2021: €63k
2022: €64k
2023: €9k
2018 → 2024
Working capital
€265k▼ 5.6%
2023 · €281k
2018: €242k
2019: €292k
2020: €263k
2021: €261k
2022: €268k
2023: €281k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€267k-€270k▲ 1.1%€273k▲ 1.3%€283k▲ 3.4%€266k▼ 6.0%
Operating result€68k-€84k▲ 23.6%€92k▲ 9.1%€14k▼ 84.9%€45k▲ 223%
Net result€50k-€63k▲ 25.3%€64k▲ 1.0%€9k▼ 85.5%€33k▲ 257%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 223% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €369k
Fixed assets
€589▼ 77.5%
Current assets
€369k▼ 13.6%
Equity and liabilities €369k
Equity
€266k▼ 6.0%
Debt
€104k▼ 29.2%
The debt ratio falls from 34.2% to 28.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€47k▲
2023 · €18k
Cash flow
€35k▲
2023 · €13k
Solvency
71.9%▲
2023 · 65.8%
Current ratio
3.55▲
2023 · 2.93
Quick ratio
3.55▲
2023 · 2.93
Debt / equity
0.39▼
2023 · 0.52
ROE
12.4%▲
2023 · 3.3%
ROA
8.9%▲
2023 · 2.2%
Interest coverage
130.06▲
2023 · 26.05
Debt
€104k▼
2023 · €147k
Debt ≤ 1 year
€104k▼
2023 · €146k
Income taxes
€12k▲
2023 · €3k
Staff costs
€208k▼
2023 · €212k
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€429k€369k▼
Fixed assets21/28€3k€589▼
Tangible fixed assets22/27€3k€589▼
Plant, machinery and equipment23€3k€589▼
Current assets29/58€427k€369k▼
Amounts receivable within one year40/41€409k€326k▼
Trade receivables40€203k€258k▲
Other amounts receivable41€206k€68k▼
Cash at bank and in hand54/58€16k€42k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€429k€369k▼
Equity10/15€283k€266k▼
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€105k€105k=
Non-distributable reserves130/1€15k€15k=
Legal reserve130€15k€15k=
Distributable reserves133€90k€90k=
Profit (loss) carried forward14€28k€11k▼
Amounts payable17/49€147k€104k▼
Amounts payable within one year42/48€146k€104k▼
Trade debts44€46k€5k▼
Suppliers440/4€46k€5k▼
Taxes, remuneration and social security45€41k€48k▲
Taxes450/3€16k€25k▲
Remuneration and social security454/9€26k€23k▼
Other amounts payable47/48€59k€50k▼
Accrued charges and deferred income492/3€878€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€212k€208k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€2k€4k▲
Gross operating margin9900€231k€263k▲
Operating profit (loss)9901€14k€45k▲
Financial income75/76B€229€18▼
Recurring financial income75€229€18▼
Financial charges65/66B€1k€361▼
Recurring financial charges65€675€361▼
Non-recurring financial charges66B€824€0▼
Profit (loss) for the period before taxes9903€13k€45k▲
Income taxes67/77€3k€12k▲
Profit (loss) for the period9904€9k€33k▲
Profit (loss) for the period to be appropriated9905€9k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€61k▲
Profit (loss) brought forward from the previous period14P€18k€28k▲
Profit to be distributed694/7€0€50k▲
Return on contributions (dividend)694€0€50k▲
Social balance
Average headcount (FTE)90873.23.0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €9k ▼85.5%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €64k ▲1%
Operating result €92k, net result €64k, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lochristi · 1 establishment unit since 1990
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.
Raveschoot 209080 LochristiGround area
7,965 m²
Building footprint
2,051 m²
Volume, LiDAR
44 m³
Parcel 44008C1087/00A000, Flanders · tallest building 0.6 m. Linked by address, not a title deed.
1 establishment unit
DEGROTRADING
since 19902.049.681.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44008C1087/00A000indicative | Flanders | 7,965 m² | 1 · 2,051 m² | 0.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
2024 · 1 entry · 54 EUR awarded · 54 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 54 EUR | 54 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 988 companies in sector 49420 we hold annual accounts for 446. 311 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-08-1990
Fiscal year end31-12
Activities, NACEBEL
49420Removal services
71340
77399Renting and leasing of other machinery, equipment and tangible goods
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 34 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.