DEN AREND
ActiveDEN AREND has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €153k and a net result of €-18k. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 18942 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-42
Solvency72▼-1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.78 against 1.04 in 2023; short-term debt: 36% and cash: 7% of total assets), and 53.2% 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 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
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 2024Solvency, return and age of the figures
Solvency
46.8%
Return on assets
-5.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 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
21 d late
2023
22 d late
2022
28 d late
2021
31 d late
2020
30 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€153k▼ 10.6%
2023 · €171k
2018: €232k
2019: €231k
2020: €205k
2021: €211k
2022: €168k
2023: €171k
2018 → 2024
Total assets
€327k▼ 8.0%
2023 · €356k
2018: €399k
2019: €372k
2020: €322k
2021: €335k
2022: €352k
2023: €356k
2018 → 2024
Net result
€-18k
2023 · €18k
2018: €5k
2019: €-945
2020: €-26k
2021: €6k
2022: €3k
2023: €18k
2018 → 2024
Working capital
€-25k
2023 · €5k
2018: €-24k
2019: €18k
2020: €28k
2021: €53k
2022: €27k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€205k-€211k▲ 2.8%€168k▼ 20.2%€171k▲ 1.8%€153k▼ 10.6%
Operating result€-19k-€9k€7k▼ 22.7%€26k▲ 269%€-9k
Net result€-26k-€6k€3k▼ 46.7%€18k▲ 492%€-18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €9k after €26k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €327k
Fixed assets
€235k▼ 0.4%
Current assets
€92k▼ 23.1%
Equity and liabilities €327k
Equity
€153k▼ 10.6%
Debt
€174k▼ 5.6%
The debt ratio rises from 51.9% to 53.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€25k▼
2023 · €60k
Cash flow
€15k▼
2023 · €53k
Solvency
46.8%▼
2023 · 48.1%
Current ratio
0.78▼
2023 · 1.04
Quick ratio
0.56▼
2023 · 0.87
Debt / equity
1.14▲
2023 · 1.08
ROE
-11.9%▼
2023 · 10.6%
ROA
-5.6%▼
2023 · 5.1%
Interest coverage
2.52▼
2023 · 8.51
Debt
€174k▼
2023 · €185k
Debt ≤ 1 year
€118k▲
2023 · €115k
Debt > 1 year
€56k▼
2023 · €68k
Income taxes
€452▼
2023 · €3k
Staff costs
€123k▲
2023 · €79k
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€356k€327k▼
Fixed assets21/28€236k€235k▼
Tangible fixed assets22/27€235k€234k▼
Land and buildings22€137k€136k▼
Plant, machinery and equipment23€43k€40k▼
Furniture and vehicles24€55k€58k▲
Financial fixed assets28€1k€1k=
Current assets29/58€120k€92k▼
Stocks and contracts in progress3€20k€26k▲
Stocks30/36€20k€26k▲
Amounts receivable within one year40/41€41k€34k▼
Trade receivables40€22k€15k▼
Other amounts receivable41€19k€19k▲
Cash at bank and in hand54/58€48k€23k▼
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€356k€327k▼
Equity10/15€171k€153k▼
Contributions10/11€43k€43k=
Reserves13€128k€128k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€128k€128k=
Profit (loss) carried forward14€0€-18k▼
Amounts payable17/49€185k€174k▼
Amounts payable after more than one year17€68k€56k▼
Financial debts170/4€68k€56k▼
Amounts payable within one year42/48€115k€118k▲
Current portion of amounts payable after more than one year42€38k€42k▲
Financial debts43€0€0▲
Credit institutions430/8€0€0▲
Trade debts44€48k€60k▲
Suppliers440/4€48k€60k▲
Taxes, remuneration and social security45€14k€15k▲
Taxes450/3€7k€6k▼
Remuneration and social security454/9€6k€9k▲
Other amounts payable47/48€15k€0▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20232024
Non-recurring operating income76A€18k€0▼
Remuneration, social security and pensions62€79k€123k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€33k▼
Other operating charges640/8€6k€8k▲
Non-recurring operating charges66A-€18k
Gross operating margin9900€146k€173k▲
Operating profit (loss)9901€26k€-9k▼
Financial income75/76B€2k€865▼
Recurring financial income75€2k€865▼
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€21k€-18k▼
Income taxes67/77€3k€452▼
Profit (loss) for the period9904€18k€-18k▼
Profit (loss) for the period to be appropriated9905€18k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-18k▼
Profit (loss) brought forward from the previous period14P€-17k€0▲
Transfer from equity791/2€32k€0▼
Transfer to equity691/2€18k€0▼
To other reserves6921€18k€0▼
Profit to be distributed694/7€15k€0▼
Return on contributions (dividend)694€15k€0▼
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
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Highest result since 2018net €18k ▲492%
Operating result €26k, net result €18k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Roeselare · 1 establishment unit since 1994
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.
Polenplein 18800 RoeselareGround area
165 m²
Building footprint
165 m²
Volume, LiDAR
1,291 m³
Parcel 36502B0148/00Y000, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEN AREND
since 19942.066.054.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36502B0148/00Y000 | Flanders | 165 m² | 1 · 165 m² | 12.2 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRoeselare2.066.054.369
Similar companies · same sector, comparable size
DAN & MAN
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MD VINS
BE 0568.590.541
Comblain-au-Pont · Eq €153k
De Nachtegaal
BE 0413.945.817
Antwerpen · Eq €153k
SCHUTTERSHOF ARDOOIE
BE 0786.512.127
Ardooie · Eq €154k
WENDA
BE 0458.073.392
Diest · Eq €152k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,347 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-1994
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.