DEN BEMD
ActiveDEN BEMD has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-17k) and a net result of €-26k. Equity is shrinking by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency67▲+31
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 3.53 against 2.46 in 2023), but equity is negative.
Credit advice for your own amount and term
Signals
Six 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 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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 2024Solvency, return and age of the figures
Solvency
-11.2%
Return on assets
-17%
Age of the figures
20 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 · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€17k
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 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
50 d early
2022
40 d early
2021
53 d early
2020
50 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-17k
2023 · €9k
2018: €30k
2019: €31k
2020: €25k
2021: €29k
2022: €11k
2023: €9k
2018 → 2024
Total assets
€151k▼ 24.8%
2023 · €200k
2018: €38k
2019: €34k
2020: €26k
2021: €202k
2022: €219k
2023: €200k
2018 → 2024
Net result
€-26k▼ 960%
2023 · €-2k
2018: €4k
2019: €2k
2020: €-6k
2021: €4k
2022: €-18k
2023: €-2k
2018 → 2024
Working capital
€45k▲ 0.4%
2023 · €45k
2018: €21k
2019: €21k
2020: €17k
2021: €-201
2022: €10k
2023: €45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€29k▲ 14.4%€11k▼ 61.4%€9k▼ 21.6%€-17k
Operating result€-6k-€8k€-17k€-1k▲ 92.2%€-25k▼ 1,787%
Net result€-6k-€4k€-18k€-2k▲ 86.4%€-26k▼ 960%
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 €25k in 2024 against €1k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151k
Fixed assets
€88k▼ 29.6%
Current assets
€63k▼ 16.9%
Key figures and ratios
EBITDA
€25k▼
2023 · €47k
Cash flow
€24k▼
2023 · €46k
Solvency
-11.2%▼
2023 · 4.4%
Current ratio
3.53▲
2023 · 2.46
Quick ratio
3.53▲
2023 · 2.46
Debt / equity
-9.96▼
2023 · 21.79
ROE
152.3%▲
2023 · -27.5%
ROA
-17.0%▼
2023 · -1.2%
Interest coverage
24.42▼
2023 · 42.54
Debt
€167k▼
2023 · €192k
Debt ≤ 1 year
€18k▼
2023 · €31k
Debt > 1 year
€150k▼
2023 · €161k
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€200k€151k▼
Fixed assets21/28€125k€88k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€121k€85k▼
Plant, machinery and equipment23€16k€22k▲
Furniture and vehicles24€998€293▼
Other tangible fixed assets26€104k€63k▼
Current assets29/58€75k€63k▼
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€11k€11k=
Other amounts receivable41€0€4k▲
Cash at bank and in hand54/58€63k€46k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€200k€151k▼
Equity10/15€9k€-17k▼
Contributions10/11€12k€12k=
Reserves13€19k€19k=
Distributable reserves133€19k€19k=
Profit (loss) carried forward14€-23k€-48k▼
Amounts payable17/49€192k€167k▼
Amounts payable after more than one year17€161k€150k▼
Financial debts170/4€31k€20k▼
Other amounts payable178/9€130k€130k=
Amounts payable within one year42/48€31k€18k▼
Current portion of amounts payable after more than one year42€11k€11k=
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€679€97▼
Taxes450/3€679€97▼
Other amounts payable47/48€15k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€49k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€11k
Gross operating margin9900€50k€39k▼
Operating profit (loss)9901€-1k€-25k▼
Financial income75/76B€10€130▲
Recurring financial income75€10€130▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-2k€-26k▼
Profit (loss) for the period9904€-2k€-26k▼
Profit (loss) for the period to be appropriated9905€-2k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-48k▼
Profit (loss) brought forward from the previous period14P€-20k€-23k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 5current ratio 42.34
Current ratio from 8.52 to 42.34; short-term debt falls from €3k to €416.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 8.52
Current ratio from 3.64 to 8.52; short-term debt falls from €8k to €3k.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Joost Thijs
CurrentDirector · since 07-06-2024
07-06-2024
Appointed as Director
Location & real-estate footprint
Registered office, Retie · 1 establishment unit since 2002
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.
Kinschotseweg 1 a2470 RetieGround area
1,782 m²
Building footprint
370 m²
Volume, LiDAR
1,778 m³
Parcel 13632H0697/00B000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kinschotseweg 1 A, 2470 Retie
since 20022.101.754.131
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13632H0697/00B000 | Flanders | 1,782 m² | 1 · 370 m² | 7.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRetie2.101.754.131
Similar companies · same sector, comparable size
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BE 0423.719.061
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BE 0879.070.517
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WALD-JACK
BE 0875.221.102
Ittre · Eq €9k
Agrichap
BE 0859.955.577
Silly · Eq €9k
Agro De Zutter
BE 0460.086.737
Tielt · Eq €9k
Of 7,622 companies in sector 01410 we hold annual accounts for 1,843. 486 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2002
Fiscal year end31-12
Activities, NACEBEL
01210
01410Raising of dairy cattle
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.