DESTINE André
ActiveThe computed 12-month bankruptcy probability of DESTINE André is 2.3% (moderate). The 2024 annual accounts show equity of €688k and a net result of €104k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 24% of 863 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+36
Solvency17▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.59 in 2023), and 81.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 10
Relative position
BE, all sectors
reference
Sector 10
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 863 sector peers (2024).
NBB · sector comparisonPosition among 863 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €688k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 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
98 d late
2023
31 d late
2022
29 d late
2021
25 d early
2020
30 d late
2019
153 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
€104k▲ 116%
2023 · €48k
2018: €-33k
2019: €-5k
2020: €26k
2021: €134k
2022: €-171k
2023: €48k
2018 → 2024
Working capital
€-540k▲ 36.5%
2023 · €-849k
2018: €-634k
2019: €-393k
2020: €-328k
2021: €-434k
2022: €-795k
2023: €-849k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€661k-€773k▲ 16.9%€580k▼ 25.0%€606k▲ 4.5%€688k▲ 13.6%
Operating result€64k-€159k▲ 150%€-155k€86k€188k▲ 118%
Net result€26k-€134k▲ 408%€-171k€48k€104k▲ 116%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 118% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.71M
Fixed assets
€2.28M▼ 4.5%
Current assets
€1.43M▲ 15.7%
Equity and liabilities €3.73M
Equity
€688k▲ 13.6%
Debt
€3.05M▲ 1.0%
The debt ratio falls from 83.3% to 81.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€722k▲
2023 · €588k
Cash flow
€638k▲
2023 · €550k
Solvency
18.4%▲
2023 · 16.7%
Current ratio
0.73▲
2023 · 0.59
Quick ratio
0.61▲
2023 · 0.50
Debt / equity
4.42▼
2023 · 4.98
ROE
15.1%▲
2023 · 7.9%
ROA
2.8%▲
2023 · 1.3%
Interest coverage
6.70▼
2023 · 8.50
Debt
€3.05M▲
2023 · €3.02M
Debt ≤ 1 year
€1.97M▼
2023 · €2.09M
Debt > 1 year
€1.07M▲
2023 · €928k
Income taxes
€2k▲
2023 · €1k
Staff costs
€2.99M=
2023 · €2.99M
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€3.62M€3.73M▲
Formation expenses20-€25k
Fixed assets21/28€2.38M€2.28M▼
Intangible fixed assets21€37k€17k▼
Tangible fixed assets22/27€2.34M€2.25M▼
Land and buildings22€1.29M€1.30M▲
Plant, machinery and equipment23€463k€401k▼
Furniture and vehicles24€45k€34k▼
Leasing and similar rights25€536k€512k▼
Financial fixed assets28€8k€8k=
Current assets29/58€1.24M€1.43M▲
Amounts receivable after more than one year29€11k€0▼
Other amounts receivable291€11k€0▼
Stocks and contracts in progress3€188k€223k▲
Stocks30/36€188k€223k▲
Amounts receivable within one year40/41€652k€779k▲
Trade receivables40€471k€393k▼
Other amounts receivable41€181k€386k▲
Cash at bank and in hand54/58€353k€395k▲
Deferred charges and accrued income490/1€36k€37k▲
Equity and liabilities
Total equity and liabilities10/49€3.62M€3.73M▲
Equity10/15€606k€688k▲
Contributions10/11€40k€40k=
Reserves13€429k€429k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€75k€75k=
Distributable reserves133€354k€354k=
Profit (loss) carried forward14€63k€168k▲
Investment grants15€74k€52k▼
Amounts payable17/49€3.02M€3.05M▲
Amounts payable after more than one year17€928k€1.07M▲
Financial debts170/4€928k€1.07M▲
Amounts payable within one year42/48€2.09M€1.97M▼
Current portion of amounts payable after more than one year42€399k€278k▼
Financial debts43€386k€355k▼
Credit institutions430/8€386k€355k▼
Trade debts44€713k€615k▼
Suppliers440/4€713k€615k▼
Taxes, remuneration and social security45€428k€544k▲
Taxes450/3€19k€90k▲
Remuneration and social security454/9€410k€454k▲
Other amounts payable47/48€162k€182k▲
Income statement
Code20232024
Non-recurring operating income76A€47k€10k▼
Remuneration, social security and pensions62€2.99M€2.99M=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€502k€534k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k€-4k▼
Other operating charges640/8€50k€50k▼
Non-recurring operating charges66A€10k€2k▼
Gross operating margin9900€3.64M€3.76M▲
Operating profit (loss)9901€86k€188k▲
Financial income75/76B€33k€26k▼
Recurring financial income75€33k€26k▼
Financial charges65/66B€69k€108k▲
Recurring financial charges65€69k€108k▲
Profit (loss) for the period before taxes9903€49k€106k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€48k€104k▲
Profit (loss) for the period to be appropriated9905€48k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€168k▲
Profit (loss) brought forward from the previous period14P€15k€63k▲
Social balance
Average headcount (FTE)908776.079.6▲
The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 98 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 31 days late
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €-171k ▼228%
Net result drops to €-171k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €134k ▲408%
Net result €134k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 127 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
DESTINE Bastien
CurrentDirector · since 05-11-2024
05-08-2025
DESTINE André: Resigned as Director
05-11-2024
DESTINE Bastien: Appointed as Director
Location & real-estate footprint
Registered office, Flémalle · 8 establishment units since 2011
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 Passage d'Eau 24400 FlémalleGround area
7.5 ha
Building footprint
1.8 ha
Volume, LiDAR
105,371 m³
8 parcels, Wallonia · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
8 establishment units
DESTINE ANDRE
since 20112.204.089.329
DESTINE ANDRE
since 20112.204.089.428
DESTINE ANDRE
since 20142.229.017.735
Théâtre du pain
since 20172.259.787.026
DESTINE ANDRE
since 20222.329.975.038
DESTINE André
since 20242.357.225.110
Show 2 more locations
DESTINE ANDRE
since 20252.373.920.986
DESTINE ANDRE
since 20262.389.902.034
8 parcels
Wallonia
8
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62036B0424/00T002 | Wallonia | 5.9 ha | 1 · 1.3 ha | 14.3 m · 2 fl. |
| 62006A0634/00C000 | Wallonia | 5,995 m² | 1 · 1,731 m² | 11.3 m · 2 fl. |
| 62036B0452/00H004 | Wallonia | 4,237 m² | 1 · 810 m² | 5.2 m · 2 fl. |
| 62017C0198/00W000 | Wallonia | 3,015 m² | 1 · 1,358 m² | 8.0 m · 2 fl. |
| 62353D0045/00T002 | Wallonia | 1,566 m² | 1 · 412 m² | - |
| 62001B0793/00Y000 | Wallonia | 467 m² | 1 · 616 m² | 9.6 m · 2 fl. |
| 62816D0223/00H000 | Wallonia | 110 m² | 1 · 68 m² | - |
| 62003A0606/00C000 | Wallonia | 93 m² | 1 · 118 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 7
8 of 8 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
8 sitesAns2.204.089.329
Bassenge2.389.902.034
Flémalle2.329.975.038
Ans2.229.017.735
Show 4 more sites
Awans2.357.225.110
Flémalle2.259.787.026
Liège2.204.089.428
Seraing2.373.920.986
Similar companies · same sector, comparable size
BETRAMOS
BE 0436.361.329
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BAKKERIJGRONDSTOFFEN SOENENS
BE 0449.535.018
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De Swaene
BE 0844.688.371
Antwerpen · Eq €711k
NoGlutenBakery
BE 0464.192.906
Zele · Eq €658k
Boulangerie BITAINE
BE 0428.343.783
Virton · Eq €723k
Of 506 companies in sector 10711 we hold annual accounts for 325. 201 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-2005
Fiscal year end31-12
Activities, NACEBEL
10711Manufacture of food products
10720Manufacture of food products
46389Wholesale of other food products
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.