Summary
RAMEN DEGRANDE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.78M and a net result of €164k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 6156 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-08-2025, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
22 d late
2023
99 d late
2022
3 d early
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.78M▲ 6.3%
2023 · €2.62M
2021: €2.80M
2022: €2.48M
2023: €2.62M
2021 → 2024
Net result
€164k▲ 21.1%
2023 · €135k
2021: €524k
2022: €211k
2023: €135k
2021 → 2024
Total assets
€2.82M▲ 7.0%
2023 · €2.63M
2021: €2.93M
2022: €2.64M
2023: €2.63M
2021 → 2024
Solvency
98.7%▼ 0.7pp
2023 · 99.4%
2021: 95.3%
2022: 94.1%
2023: 99.4%
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€2.80M-€2.48M▼ 11.2%€2.62M▲ 5.4%€2.78M▲ 6.3%
Operating result€70k-€123k▲ 76.4%€187k▲ 52.5%€196k▲ 4.9%
Net result€524k-€211k▼ 59.7%€135k▼ 36.0%€164k▲ 21.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.82M
Fixed assets
€1.24M ▲ 2.1%
Current assets
€1.58M ▲ 11.2%
Equity and liabilities €2.82M
Equity
€2.78M ▲ 6.3%
Debt
€36k ▲ 128%
Debt's share of the balance-sheet total rises from 0.6% to 1.3%. Equity and debt are higher.
Key figures and ratios
ROE
5.9%▲
2023 · 5.2%
ROA
5.8%▲
2023 · 5.1%
Debt ≤ 1 year
€35k▲
2023 · €13k
Income taxes
€71k▲
2023 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.63M€2.82M▲
Fixed assets21/28€1.21M€1.24M▲
Tangible fixed assets22/27-€25k
Furniture and vehicles24-€25k
Financial fixed assets28€1.21M€1.21M=
Current assets29/58€1.42M€1.58M▲
Amounts receivable within one year40/41€64k€167k▲
Trade receivables40€55k€133k▲
Other amounts receivable41€9k€34k▲
Current investments50/53€800k€1.40M▲
Cash at bank and in hand54/58€551k€6k▼
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€2.63M€2.82M▲
Equity10/15€2.62M€2.78M▲
Contributions10/11€20k€20k=
Reserves13€2.60M€2.76M▲
Distributable reserves133€2.60M€2.76M▲
Amounts payable17/49€16k€36k▲
Amounts payable within one year42/48€13k€35k▲
Trade debts44€1k€796▼
Suppliers440/4€1k€796▼
Taxes, remuneration and social security45€6k€24k▲
Taxes450/3€4k€22k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€6k€10k▲
Accrued charges and deferred income492/3€2k€657▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6k
Other operating charges640/8€115€1k▲
Gross operating margin9900€187k€203k▲
Operating profit (loss)9901€187k€196k▲
Financial income75/76B€7k€39k▲
Recurring financial income75€7k€39k▲
Financial charges65/66B€2k€731▼
Recurring financial charges65€2k€731▼
Profit (loss) for the period before taxes9903€192k€235k▲
Income taxes67/77€56k€71k▲
Profit (loss) for the period9904€135k€164k▲
Profit (loss) for the period to be appropriated9905€135k€164k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€164k▲
Transfer to equity691/2€135k€164k▲
To other reserves6921€135k€164k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 99 days late
2023
31-12
Financial
Weakest financial yearnet €135k ▼36%
Net result drops to €135k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 11current ratio 105.95
Current ratio from 9.26 to 105.95; short-term debt falls from €154k to €13k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Torhout · 1 establishment unit 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.
Aartrijkestraat 2298820 TorhoutGround area
1,722 m²
Building footprint
390 m²
Volume, LiDAR
2,177 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Selmaco
since 20112.195.337.454
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0059/00X000 | Flanders | 1,277 m² | 1 · 248 m² | 8.9 m · 2 fl. |
| 31522B0029/00Y000 | Flanders | 444 m² | 1 · 142 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Food, Feed, Fine Chemicals Invest
BE 1010.725.350
Antwerpen · Eq €2,780,605
PSM INVEST
BE 0758.735.285
Dilsen-Stokkem · Eq €2,779,741
BEIGE
BE 0645.524.013
Sint-Jans-Molenbeek · Eq €2,779,131
DAVID DOUTREPONT HOLDING
BE 0812.233.854
Olne · Eq €2,782,954
BOES
BE 0563.602.464
Tessenderlo-Ham · Eq €2,778,047
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 9,907 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.