Eline Demasure
ActiveThe computed 12-month bankruptcy probability of Eline Demasure is 2.2% (moderate). The 2024 annual accounts show negative equity (€-10k) and a net result of €-8k. Equity is shrinking by ~92.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 9517 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and 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
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 2024Age of the figures
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-10k
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 19-06-2025, 42 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
44 d early
2022
3 d early
2021
24 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-10k▼ 431%
2023 · €-2k
2021: €10k
2022: €4k
2023: €-2k
2021 → 2024
Total assets
€2k▼ 70.6%
2023 · €7k
2021: €10k
2022: €8k
2023: €7k
2021 → 2024
Net result
€-8k▼ 43.7%
2023 · €-6k
2021: €5k
2022: €-6k
2023: €-6k
2021 → 2024
Working capital
€-11k▼ 220%
2023 · €-3k
2021: €9k
2022: €1k
2023: €-3k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€4k▼ 59.5%€-2k€-10k▼ 431%
Operating result€5k-€-6k€-5k▲ 2.8%€-8k▼ 41.7%
Net result€5k-€-6k€-6k▼ 2.2%€-8k▼ 43.7%
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 €8k in 2024 against €5k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2k
Fixed assets
€1k▼ 33.2%
Current assets
€888▼ 83.6%
Key figures and ratios
EBITDA
€-7k▼
2023 · €-5k
Cash flow
€-8k▼
2023 · €-5k
Interest coverage
-8.79▲
2023 · -9.57
Debt
€13k▲
2023 · €9k
Debt ≤ 1 year
€12k▲
2023 · €9k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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€7k€2k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€92€0▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€5k€888▼
Amounts receivable within one year40/41€804€144▼
Trade receivables40€250€0▼
Other amounts receivable41€554€144▼
Cash at bank and in hand54/58€5k€744▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€7k€2k▼
Equity10/15€-2k€-10k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-7k€-15k▼
Amounts payable17/49€9k€13k▲
Amounts payable within one year42/48€9k€12k▲
Trade debts44€502€211▼
Suppliers440/4€502€211▼
Taxes, remuneration and social security45-€2
Taxes450/3-€2
Other amounts payable47/48€8k€12k▲
Accrued charges and deferred income492/3€414€729▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€804€621▼
Other operating charges640/8€516€528▲
Gross operating margin9900€-4k€-6k▼
Operating profit (loss)9901€-5k€-8k▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€479€798▲
Recurring financial charges65€479€798▲
Profit (loss) for the period before taxes9903€-6k€-8k▼
Profit (loss) for the period9904€-6k€-8k▼
Profit (loss) for the period to be appropriated9905€-6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-15k▼
Profit (loss) brought forward from the previous period14P€-1k€-7k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
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, Gent · 1 establishment unit since 2020
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.
Vredestraat 779050 GentGround area
82 m²
Building footprint
57 m²
Volume, LiDAR
471 m³
Parcel 44362B0313/00M002, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Eline Demasure
since 20202.302.184.142
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0313/00M002 | Flanders | 81 m² | 1 · 57 m² | 11.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 21,137 EUR awarded · 21,137 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,509 EUR | 8,509 EUR |
| 2024 | 1 | 3,619 EUR | 3,619 EUR |
| 2023 | 2 | 4,744 EUR | 4,774 EUR |
| 2022 | 2 | 4,265 EUR | 4,235 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 2,715 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2020
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:eline.demasure@gmail.com