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DESTINE André

Active
Private limited companyfounded 2005active for 21 yearsRue Passage d'Eau 2, 4400 Flémalle, Belgium28 active companies are registered at this addressKBO/BCE: BE 0872.715.829
Summary

The computed 12-month bankruptcy probability of DESTINE André is 3.4% (moderate). The 2024 annual accounts show equity of €688,432 and a net result of €104,118. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 24% of 870 sector peers (NACE 10, financial year 2024). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of food products
NACE 10711
4th fastest staff growth in Flémalle8 sites
Size
≈ €6.5mturnover 2024, estimated
Staff
79.6 FTE
Equity
€688,432
Profit
€104,118
Turnover estimated from the gross margin
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Structure
Parent
HOLDING DESTINE · 100%
2025 accounts not filed, 91 days past the deadline3 of 8 deeds summarised
Why 50raises riskFigures for financial year 2024 (filed 08-11-2025)1 financial year not filed after the legal deadline; last filed accounts filed 98 days late; 2 of the last 3 lateSize: 79.6 FTE, total assets €3.7mlowers riskFounded in 2005Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 51% of its sector peers (NACE 10, medium-sized)
Financial strength · tick = 2023
Average
Solvency 43+1
equity 18.4% of total assets
Liquidity 36+4
short-term debt 52.8% · cash 10.6%
Profitability 72+2
return on assets 2.8%
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 10, medium-sized)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025lowest value 03-2025: 1.2%▲ +0.2 percentage points vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 1.6%▲ +0.3 percentage points vs 06-2025 08-2025: 2.2%▲ +0.6 percentage points vs 07-2025 09-2025: 2.6%▲ +0.4 percentage points vs 08-2025 10-2025: 3.2%▲ +0.6 percentage points vs 09-2025 11-2025: 3.3%▲ +0.1 percentage points vs 10-2025 12-2025: 1.3%▼ -2.0 percentage points vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.5%▲ +0.2 percentage points vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.8%▲ +0.2 percentage points vs 06-2026 08-2026: 2.6%▲ +0.8 percentage points vs 07-2026 09-2026: 3.0%▲ +0.4 percentage points vs 08-2026 10-2026: 3.4%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €30,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.73, compared with 0.59 in 2023, below 1; short-term debt: 52.8% and cash: 10.6% of total assets), and 81.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, medium-sized): better than 20% on solvency, 50% on liquidity, 64% on profitability and 69% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 08-11-2025)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 98 days late; 2 of the last 3 late
NBB · filings
raises risk · Size: 79.6 FTE, total assets €3.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 870 sector peers (2024).
NBB · sector comparison
Position among 870 sector peers
Solvency
better than 24%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €688,432
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 91 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline30-10-2026 today
raises risk · 2024 accounts filed 98 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
98 days late
2023
31 days late
2022
29 days late
2021
25 days early
2020
30 days late
2019
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 53 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Resignation: DESTINE André (director)Director discharge
  3. Appointment: DESTINE Bastien (director)Gazette deed

Key points

  • Risk: 2025 accounts not fileddeadline was 31-07-2026 91 days past the deadline View
  • Positive: Result rose in 2024from €48,179 to €104,118 ▲ 116% View
  • Positive: 4th fastest staff growth in Flémallein the Checked rankings No. 4 View
  • Controlled by HOLDING DESTINE 100% View

By topic

Financials

Financial year
2024
Total assets
€3.7m
Profit
€104,118
Solvency
18.4%
Total assets▲ 3.1%
Net result
20182024
Go to Financials

Timeline

Events
27
Since
2006
  1. 31-08-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 28-11-2023Reappointment: DESTINÉ André Adèle Raymond (statutory director)
Go to Timeline

Company details

Sites
8
Legal form
Private limited company
Activity
Manufacture of food productsNACE 10711
Founded
24-05-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
30
Annual meeting
Second Tuesday of May at 18:00
Purpose
“La boulangerie industrielle et/ou artisanale et plus particulièrement la fabrication et la…” (deed in French)
Go to Articles of association

Key facts about DESTINE André

What is the company number of DESTINE André?
0872.715.829. In Belgium the VAT number is the company number with BE in front: BE 0872.715.829.
Where is DESTINE André based?
The registered office is at Rue Passage d'Eau 2, 4400 Flémalle.Company details
What does DESTINE André do?
According to the KBO register, the main activity is manufacture of food products (NACE 10711).
What is the legal form of DESTINE André?
Private limited company (BV).
When was DESTINE André founded?
On 24-05-2005.
Is DESTINE André still active?
Yes, DESTINE André is an active enterprise in the KBO register.
How many employees does DESTINE André have?
On average 79.6 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of DESTINE André?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is DESTINE André profitable?
In financial year 2024, DESTINE André made a profit of €104,118.
Where can I find the annual accounts of DESTINE André?
DESTINE André filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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