DEGRYSE
ActiveSummary
For DEGRYSE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€683,551) and a net result of -€9,031. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3695 sector peers (fiscal year 2023). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability50▲+50
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Return on assets
-42.2%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-11-2024, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
113 d late
2022
242 d late
2021
578 d late
2020
509 d late
2019
637 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 416 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€683,551▼ 1.3%
2022 · -€674,520
Total assets
€21,387▼ 58.0%
2022 · €50,919
Net result
-€9,031▲ 89.1%
2022 · -€83,144
Working capital
-€697,552▼ 0.4%
2022 · -€694,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€285,810-€65,610▲ 77.0%€2,416-€73,190€41,780
Net result-€303,711▼ 6,771%-€81,356below the sector's middle half▲ 73.2%-€14,585below the sector's middle half▲ 82.1%-€83,144below the sector's middle half▼ 470%-€9,031below the sector's middle half▲ 89.1%
Equity-€495,435▼ 158%-€576,791below the sector's middle half▼ 16.4%-€591,376below the sector's middle half▼ 2.5%-€674,520below the sector's middle half▼ 14.1%-€683,551below the sector's middle half▼ 1.3%
Total assets€227,026▼ 30.2%€176,954within the sector's middle half▼ 22.1%€144,069within the sector's middle half▼ 18.6%€50,919below the sector's middle half▼ 64.7%€21,387below the sector's middle half▼ 58.0%
Debt€722,461▲ 39.8%€753,745▲ 4.3%€735,445▼ 2.4%€725,438▼ 1.4%€704,938▼ 2.8%
Working capital-€385,623▼ 603%-€484,787below the sector's middle half▼ 25.7%-€511,831below the sector's middle half▼ 5.6%-€694,432below the sector's middle half▼ 35.7%-€697,552below the sector's middle half▼ 0.4%
Solvency-218.2%▼ 159.3pp-326.0%below the sector's middle half▼ 107.7pp-410.5%below the sector's middle half▼ 84.5pp
Current ratio0.34▼ 0.510.23below the sector's middle half▼ 0.100.19below the sector's middle half▼ 0.050.04below the sector's middle half▼ 0.140.01below the sector's middle half▼ 0.03
Return on assets (ROA)-133.8%▼ 132.4pp-46.0%below the sector's middle half▲ 87.8pp-10.1%below the sector's middle half▲ 35.9pp-163.3%below the sector's middle half▼ 153.2pp-42.2%below the sector's middle half▲ 121.1pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €41,780 after a loss of €73,190 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €21,387
Fixed assets
€14,678 ▼ 29.5%
Current assets
€6,709 ▼ 77.7%
Key figures and ratios
EBITDA
€47,930▲
2022 · -€67,041
Cash flow
-€2,881▲
2022 · -€76,994
Debt to equity
-1.03▲
2022 · -1.08
Interest coverage
28.32▲
2022 · -6.83
Debt ≤ 1 year
€704,261▼
2022 · €724,523
Income taxes
€49,118▲
2022 · €137
A ratio outside any meaningful range has been withheld (balance sheet total €21,387, equity -€683,551).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €31,099 | - | - | €8,099 | - | - |
| Remuneration, social security and pensions62 | - | €504 | €386 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,136 | €11,320 | €8,420 | €6,150 | €6,150 | = |
| Other operating charges640/8 | €191,651 | €4,240 | €1,801 | €2,911 | €1,772 | ▼ 39.1% |
| Gross operating margin9900 | -€83,022 | -€49,547 | €13,022 | -€64,130 | €49,701 | ▲ 178% |
| Operating profit (loss)9901 | -€285,810 | -€65,610 | €2,416 | -€73,190 | €41,780 | ▲ 157% |
| Financial income75/76B | €2 | €4 | €140 | - | - | - |
| Recurring financial income75 | €2 | €4 | €140 | - | - | - |
| Financial charges65/66B | €17,903 | €15,613 | €17,005 | €9,817 | €1,693 | ▼ 82.8% |
| Recurring financial charges65 | €17,903 | €15,613 | €17,005 | €9,817 | €1,693 | ▼ 82.8% |
| Profit (loss) for the period before taxes9903 | -€303,711 | -€81,219 | -€14,448 | -€83,007 | €40,087 | ▲ 148% |
| Income taxes67/77 | - | €137 | €137 | €137 | €49,118 | ▲ 35,847% |
| Profit (loss) for the period9904 | -€303,711 | -€81,356 | -€14,585 | -€83,144 | -€9,031 | ▲ 89.1% |
| Profit (loss) for the period to be appropriated9905 | -€303,711 | -€81,356 | -€14,585 | -€83,144 | -€9,031 | ▲ 89.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €227,026 | €176,954 | €144,069 | €50,919 | €21,387 | ▼ 58.0% |
| Fixed assets21/28 | €31,817 | €29,397 | €26,977 | €20,828 | €14,678 | ▼ 29.5% |
| Tangible fixed assets22/27 | €29,719 | €21,299 | €12,879 | €6,730 | €580 | ▼ 91.4% |
| Plant, machinery and equipment23 | €6,859 | €4,969 | €3,079 | €1,830 | €580 | ▼ 68.3% |
| Furniture and vehicles24 | €22,860 | €16,330 | €9,800 | €4,900 | - | - |
| Financial fixed assets28 | €2,098 | €8,098 | €14,098 | €14,098 | €14,098 | = |
| Current assets29/58 | €195,209 | €147,557 | €117,092 | €30,091 | €6,709 | ▼ 77.7% |
| Stocks and contracts in progress3 | €151,197 | €135,908 | €103,113 | €1,008 | - | - |
| Stocks30/36 | €151,197 | €135,908 | €103,113 | €1,008 | - | - |
| Amounts receivable within one year40/41 | €15,564 | €8,951 | €12,115 | €28,289 | €6,648 | ▼ 76.5% |
| Trade receivables40 | €2,106 | €1,982 | €5,465 | €21,630 | - | - |
| Other amounts receivable41 | €13,459 | €6,969 | €6,650 | €6,659 | €6,648 | ▼ 0.2% |
| Cash at bank and in hand54/58 | €28,447 | €2,698 | €556 | €794 | €61 | ▼ 92.4% |
| Deferred charges and accrued income490/1 | - | - | €1,308 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €227,026 | €176,954 | €144,069 | €50,919 | €21,387 | ▼ 58.0% |
| Equity10/15 | -€495,435 | -€576,791 | -€591,376 | -€674,520 | -€683,551 | ▼ 1.3% |
| Contributions10/11 | €49,579 | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Capital10 | €49,579 | €49,579 | - | - | - | - |
| Issued capital100 | €49,579 | €49,579 | - | - | - | - |
| Outside capital11 | - | - | €49,579 | €49,579 | €49,579 | = |
| Other1109/19 | - | - | €49,579 | €49,579 | €49,579 | = |
| Reserves13 | €45,763 | €45,763 | €45,763 | €45,763 | €45,763 | = |
| Non-distributable reserves130/1 | €4,958 | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Legal reserve130 | €4,958 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €4,958 | €4,958 | €4,958 | €4,958 | = |
| Distributable reserves133 | €40,805 | €40,805 | €40,805 | €40,805 | €40,805 | = |
| Profit (loss) carried forward14 | -€590,776 | -€672,132 | -€686,717 | -€769,861 | -€778,892 | ▼ 1.2% |
| Amounts payable17/49 | €722,461 | €753,745 | €735,445 | €725,438 | €704,938 | ▼ 2.8% |
| Amounts payable after more than one year17 | €134,506 | €120,514 | €106,522 | - | - | - |
| Financial debts170/4 | €134,506 | €120,514 | €106,522 | - | - | - |
| Amounts payable within one year42/48 | €580,832 | €632,344 | €628,923 | €724,523 | €704,261 | ▼ 2.8% |
| Current portion of amounts payable after more than one year42 | €13,992 | €13,992 | €13,992 | - | - | - |
| Financial debts43 | - | - | - | €31 | - | - |
| Credit institutions430/8 | - | - | - | €31 | - | - |
| Trade debts44 | €339,452 | €362,512 | €320,426 | €229,225 | €170,403 | ▼ 25.7% |
| Suppliers440/4 | €339,452 | €362,512 | €320,426 | €229,225 | €170,403 | ▼ 25.7% |
| Taxes, remuneration and social security45 | €239 | €137 | €2,212 | €6,092 | €49,392 | ▲ 711% |
| Taxes450/3 | €239 | €137 | €2,212 | €6,092 | €49,392 | ▲ 711% |
| Other amounts payable47/48 | €227,149 | €255,703 | €292,293 | €489,176 | €484,466 | ▼ 1.0% |
| Accrued charges and deferred income492/3 | €7,123 | €887 | - | €915 | €677 | ▼ 26.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€303,711 | -€81,356 | -€14,585 | -€83,144 | -€9,031 | ▲ 89.1% |
| + Depreciation and write-downs630 | €11,136 | €11,320 | €8,420 | €6,150 | €6,150 | = |
| Operating cash flow (approximation) | -€292,575 | -€70,036 | -€6,165 | -€76,994 | -€2,881 | ▲ 96.3% |
| Investment in fixed assets (approximation) | - | -€8,900 | -€6,000 | €0 | €0 | - |
| Change in cash | - | -€25,750 | -€2,142 | €238 | -€733 | ▼ 408% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 242 days late
29-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 578 days late
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 509 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 637 days late
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 609 days late
2019
31-12
Financial
Weakest financial yearnet -€303,711
Net result drops to -€303,711, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 426 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 270 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 487 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 488 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Lo-Reninge · 1 establishment unit since 1990
Ground area
1.8 ha
Building footprint
621 m²
Volume, LiDAR
3,143 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEGRYSE CVBA
since 19902.047.863.406
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32014B0010/00M000 | Flanders | 1.4 ha | 1 · 197 m² | 8.5 m · 2 fl. |
| 32014A0863/00A000 | Flanders | 4,686 m² | 1 · 423 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLo-Reninge
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,582 companies in sector 01500 we hold annual accounts for 1,149. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded10-04-1990
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
Contact
E-mail
dion@mulders.nlLo-Reninge
Phone
0475298712Lo-Reninge
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440240141
Also
9925:BE0440240141
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.