DESTHIN
ActiveThe computed 12-month bankruptcy probability of DESTHIN is 2.6% (moderate). The 2024 annual accounts show equity of €253k and a net result of €229k. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 1763 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+23
Solvency55▲+18
Growth78=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.01 in 2023; short-term debt: 41% and cash: 31.7% of total assets), and 70.1% of the assets are financed with debt.
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
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
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
39 d early
2022
4 d late
2021
25 d late
2020
17 d late
2019
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€229k▲ 333%
2023 · €53k
2018: €18k
2019: €45k
2020: €11k
2021: €61k
2022: €30k
2023: €53k
2018 → 2024
Working capital
€130k▲ 2,656%
2023 · €5k
2018: €-13k
2019: €13k
2020: €48k
2021: €134k
2022: €31k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€80k-€141k▲ 76.4%€122k▼ 13.8%€100k▼ 18.3%€253k▲ 154%
Operating result€15k-€197k▲ 1,192%€41k▼ 79.2%€78k▲ 89.8%€320k▲ 312%
Net result€11k-€61k▲ 458%€30k▼ 50.2%€53k▲ 73.2%€229k▲ 333%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 312% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €848k
Fixed assets
€370k▼ 8.1%
Current assets
€477k▲ 19.4%
Equity and liabilities €848k
Equity
€253k▲ 154%
Debt
€594k▼ 15.5%
The debt ratio falls from 87.6% to 70.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€385k▲
2023 · €126k
Cash flow
€294k▲
2023 · €102k
Solvency
29.9%▲
2023 · 12.4%
Current ratio
1.37▲
2023 · 1.01
Quick ratio
1.27▲
2023 · 0.93
Debt / equity
2.35▼
2023 · 7.07
ROE
90.3%▲
2023 · 53.0%
ROA
27.0%▲
2023 · 6.6%
Interest coverage
22.03▲
2023 · 10.07
Debt
€594k▼
2023 · €703k
Debt ≤ 1 year
€347k▼
2023 · €395k
Debt > 1 year
€244k▼
2023 · €301k
Income taxes
€77k▲
2023 · €16k
Staff costs
€950k▲
2023 · €865k
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€803k€848k▲
Fixed assets21/28€403k€370k▼
Intangible fixed assets21€124k€108k▼
Tangible fixed assets22/27€279k€261k▼
Land and buildings22€128k€113k▼
Plant, machinery and equipment23€80k€82k▲
Furniture and vehicles24€71k€66k▼
Financial fixed assets28-€1k
Current assets29/58€400k€477k▲
Stocks and contracts in progress3€32k€37k▲
Stocks30/36€32k€37k▲
Amounts receivable within one year40/41€149k€85k▼
Trade receivables40€131k€53k▼
Other amounts receivable41€18k€31k▲
Current investments50/53€40k€45k▲
Cash at bank and in hand54/58€121k€269k▲
Deferred charges and accrued income490/1€58k€42k▼
Equity and liabilities
Total equity and liabilities10/49€803k€848k▲
Equity10/15€100k€253k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€79k€233k▲
Amounts payable17/49€703k€594k▼
Amounts payable after more than one year17€301k€244k▼
Financial debts170/4€301k€244k▼
Amounts payable within one year42/48€395k€347k▼
Current portion of amounts payable after more than one year42€59k€105k▲
Financial debts43€21-
Credit institutions430/8€21-
Trade debts44€162k€65k▼
Suppliers440/4€162k€65k▼
Taxes, remuneration and social security45€96k€97k▲
Taxes450/3€20k€17k▼
Remuneration and social security454/9€75k€81k▲
Other amounts payable47/48€79k€80k▲
Accrued charges and deferred income492/3€7k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€865k€950k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€65k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€997k€1.34M▲
Operating profit (loss)9901€78k€320k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€13k€17k▲
Recurring financial charges65€13k€17k▲
Profit (loss) for the period before taxes9903€69k€305k▲
Income taxes67/77€16k€77k▲
Profit (loss) for the period9904€53k€229k▲
Profit (loss) for the period to be appropriated9905€53k€229k▲
Appropriation of the result
Profit (loss) to be appropriated9906€154k€308k▲
Profit (loss) brought forward from the previous period14P€101k€79k▼
Profit to be distributed694/7€75k€75k=
Return on contributions (dividend)694€75k€75k=
Social balance
Average headcount (FTE)908723.827.4▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €229k ▲333%
Operating result €320k, net result €229k, both a record.
31-12
Financial
Equity above €200kEq €253k ▲154%
7 profitable years in a row build equity to €253k.
22-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Equity above €100kEq €141k ▲76.4%
4 profitable years in a row build equity to €141k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet €11k ▼75.4%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
02-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 3 establishment units since 2008
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.
Rue Servais-Malaise 154030 LiègeGround area
1,014 m²
Building footprint
573 m²
Volume, LiDAR
2,543 m³
3 parcels, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
LE CHEVREMONT
since 20082.174.115.339
La charnale
since 20212.322.820.101
Desthin
since 20252.374.903.854
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62302B0323/00R003 | Wallonia | 662 m² | 1 · 302 m² | 9.6 m · 1 fl. |
| 62104A0612/00N000 | Wallonia | 199 m² | 1 · 172 m² | - |
| 62002B0189/00F004 ProtectedSite or landscape |
Wallonia | 152 m² | 1 · 99 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLiège2.322.820.101
Liège2.374.903.854
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-08-2008
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
10520Manufacture of food products
56112Limited-service restaurants, excluding mobile food services
56210Event catering
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.