Sweetline
ActiveSweetline has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €390k and a net result of €44k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77▲+2
Solvency81▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.36 in 2023; short-term debt: 8.6% and cash: 7.4% of total assets), and 44.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
28 d late
2022
30 d late
2021
22 d late
2021
1 d early
2020
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€390k▲ 12.7%
2023 · €346k
2019: €156k
2020: €163k
2021: €193k
2021: €221k
2022: €305k
2023: €346k
2019 → 2024
Total assets
€697k▼ 8.5%
2023 · €761k
2019: €432k
2020: €408k
2021: €437k
2021: €463k
2022: €774k
2023: €761k
2019 → 2024
Net result
€44k▲ 7.7%
2023 · €41k
2019: €13k
2020: €7k
2021: €30k
2021: €28k
2022: €93k
2023: €41k
2019 → 2024
Working capital
€47k▲ 78.5%
2023 · €26k
2019: €-17k
2020: €-21k
2021: €2k
2021: €112k
2022: €116k
2023: €26k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212021202220232024Trend
Equity€193k-€221k▲ 14.3%€305k▲ 38.0%€346k▲ 13.4%€390k▲ 12.7%
Operating result€53k-€172k▲ 224%€117k▼ 32.2%€68k▼ 42.0%€105k▲ 54.3%
Net result€30k-€28k▼ 8.5%€93k▲ 237%€41k▼ 56.0%€44k▲ 7.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €697k
Fixed assets
€590k▼ 11.0%
Current assets
€107k▲ 8.7%
Equity and liabilities €697k
Equity
€390k▲ 12.7%
Debt
€307k▼ 26.1%
The debt ratio falls from 54.6% to 44.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€165k▲
2023 · €124k
Cash flow
€105k▲
2023 · €97k
Solvency
55.9%▲
2023 · 45.4%
Current ratio
1.78▲
2023 · 1.36
Quick ratio
1.64▲
2023 · 1.27
Debt / equity
0.79▼
2023 · 1.20
ROE
11.3%▼
2023 · 11.8%
ROA
6.3%▲
2023 · 5.4%
Interest coverage
14.54▲
2023 · 9.60
Debt
€307k▼
2023 · €415k
Debt ≤ 1 year
€60k▼
2023 · €72k
Debt > 1 year
€220k▼
2023 · €325k
Income taxes
€24k▲
2023 · €14k
Staff costs
€14k▼
2023 · €28k
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€761k€697k▼
Fixed assets21/28€663k€590k▼
Intangible fixed assets21€7k€6k▼
Tangible fixed assets22/27€630k€584k▼
Land and buildings22€486k€472k▼
Plant, machinery and equipment23€68k€58k▼
Furniture and vehicles24€76k€54k▼
Financial fixed assets28€26k€814▼
Current assets29/58€98k€107k▲
Stocks and contracts in progress3€7k€8k▲
Stocks30/36€7k€8k▲
Amounts receivable within one year40/41€40k€42k▲
Trade receivables40€28k€35k▲
Other amounts receivable41€12k€7k▼
Cash at bank and in hand54/58€47k€51k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€761k€697k▼
Equity10/15€346k€390k▲
Contributions10/11€19k€19k=
Reserves13€314k€358k▲
Distributable reserves133€314k€358k▲
Profit (loss) carried forward14€13k€13k▲
Amounts payable17/49€415k€307k▼
Amounts payable after more than one year17€325k€220k▼
Financial debts170/4€65k€50k▼
Other amounts payable178/9€260k€170k▼
Amounts payable within one year42/48€72k€60k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€34k€7k▼
Suppliers440/4€34k€7k▼
Taxes, remuneration and social security45€21k€35k▲
Taxes450/3€21k€34k▲
Remuneration and social security454/9-€884
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€18k€27k▲
Income statement
Code20232024
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€28k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€61k▲
Other operating charges640/8€12k€7k▼
Non-recurring operating charges66A€92k-
Gross operating margin9900€256k€186k▼
Operating profit (loss)9901€68k€105k▲
Financial income75/76B€0€146▲
Recurring financial income75€0€146▲
Financial charges65/66B€13k€36k▲
Recurring financial charges65€13k€11k▼
Non-recurring financial charges66B-€25k
Profit (loss) for the period before taxes9903€55k€68k▲
Income taxes67/77€14k€24k▲
Profit (loss) for the period9904€41k€44k▲
Profit (loss) for the period to be appropriated9905€41k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€57k▲
Profit (loss) brought forward from the previous period14P€13k€13k▲
Transfer to equity691/2€41k€44k▲
To other reserves6921€41k€44k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2019net €93k ▲237%
Net result €93k, the highest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 2.64
Current ratio from 1.03 to 2.64.
31-12
Financial
Equity above €200kEq €221k ▲14.3%
4 profitable years in a row build equity to €221k.
30-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €7k ▼41.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Diksmuide · 1 establishment unit since 1997
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.
Woumenweg 58600 DiksmuideGround area
846 m²
Building footprint
603 m²
Parcel 32003B0165/00D003, Flanders. Linked by address, not a title deed.
1 establishment unit
PRALINES VAN NEVEL
since 19972.081.145.886
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003B0165/00D003 | Flanders | 846 m² | 1 · 603 m² | - |
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
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiksmuide2.081.145.886
Similar companies · same sector, comparable size
KRIJMSHOP
BE 0656.623.286
Lennik · Eq €377k
FROMAGERIE DU VIEUX MOULIN
BE 0840.777.192
Herve · Eq €407k
ijs ROSSI
BE 0671.958.590
Houthalen-Helchteren · Eq €365k
DV ICE
BE 0860.957.845
Lanaken · Eq €432k
Chocolaterie-crémerie Boonen
BE 0840.392.459
Pelt · Eq €437k
Of 611 companies in sector 10520 we hold annual accounts for 236. 154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-1997
Fiscal year end31-12
Activities, NACEBEL
10520Manufacture of food products
47242Retail sale of chocolate and confectionery
10820Manufacture of cocoa, chocolate and sugar confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.