Van den Driessche J.
ActiveSummary
The computed 12-month bankruptcy probability of Van den Driessche J. is 1.5% (moderate). The 2024 annual accounts show equity of €110k and a net result of €29k. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 18941 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
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+1
Solvency73▲+1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.63 against 0.98 in 2023; short-term debt: 34.1% and cash: 0.5% of total assets), and 51.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 56
Relative position
BE, all sectors
reference
Sector 56
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
15 d early
2023
19 d late
2022
21 d late
2021
8 d late
2020
19 d early
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€110k▼ 21.7%
2023 · €141k
2018: €136k
2019: €133k
2020: €176k
2021: €283k
2022: €112k
2023: €141k
2018 → 2024
Total assets
€228k▼ 24.8%
2023 · €303k
2018: €320k
2019: €327k
2020: €473k
2021: €515k
2022: €423k
2023: €303k
2018 → 2024
Net result
€29k▼ 20.7%
2023 · €37k
2018: €44k
2019: €-4k
2020: €43k
2021: €107k
2022: €-140k
2023: €37k
2018 → 2024
Working capital
€-29k▼ 1,055%
2023 · €-2k
2018: €22k
2019: €46k
2020: €-139k
2021: €-18k
2022: €-167k
2023: €-2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€176k-€283k▲ 60.7%€112k▼ 60.3%€141k▲ 25.5%€110k▼ 21.7%
Operating result€59k-€151k▲ 155%€-131k€48k€68k▲ 40.7%
Net result€43k-€107k▲ 148%€-140k€37k€29k▼ 20.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 41% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €228k
Fixed assets
€178k ▼ 12.4%
Current assets
€49k ▼ 50.3%
Equity and liabilities €228k
Equity
€110k ▼ 21.7%
Debt
€117k ▼ 27.5%
Debt's share of the balance-sheet total falls from 53.4% to 51.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€105k▲
2023 · €84k
Cash flow
€66k▼
2023 · €72k
Current ratio
0.63▼
2023 · 0.98
Quick ratio
0.37▼
2023 · 0.72
Debt to equity
1.06▼
2023 · 1.15
ROE
26.4%▲
2023 · 26.1%
ROA
12.8%▲
2023 · 12.1%
Interest coverage
10.76▲
2023 · 7.34
Debt ≤ 1 year
€78k▼
2023 · €101k
Debt > 1 year
€40k▼
2023 · €59k
Income taxes
€30k▲
2023 · €260
Staff costs
€166k▼
2023 · €182k
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 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€303k€228k▼
Fixed assets21/28€204k€178k▼
Intangible fixed assets21€38k€33k▼
Tangible fixed assets22/27€156k€135k▼
Land and buildings22€69k€61k▼
Plant, machinery and equipment23€55k€47k▼
Furniture and vehicles24€31k€28k▼
Financial fixed assets28€10k€10k▲
Current assets29/58€99k€49k▼
Stocks and contracts in progress3€26k€21k▼
Stocks30/36€26k€21k▼
Amounts receivable within one year40/41€73k€24k▼
Trade receivables40€10€14▲
Other amounts receivable41€73k€24k▼
Cash at bank and in hand54/58-€1k
Deferred charges and accrued income490/1€201€3k▲
Equity and liabilities
Total equity and liabilities10/49€303k€228k▼
Equity10/15€141k€110k▼
Contributions10/11€19k€3k▼
Reserves13€226k€182k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€224k€180k▼
Profit (loss) carried forward14€-103k€-74k▲
Amounts payable17/49€162k€117k▼
Amounts payable after more than one year17€59k€40k▼
Financial debts170/4€59k€40k▼
Amounts payable within one year42/48€101k€78k▼
Current portion of amounts payable after more than one year42€20k€20k▲
Financial debts43-€19k
Credit institutions430/8-€19k
Trade debts44€59k€24k▼
Suppliers440/4€59k€24k▼
Taxes, remuneration and social security45-€9k
Taxes450/3-€3k
Remuneration and social security454/9-€6k
Other amounts payable47/48€22k€6k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€182k€166k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€37k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€160k€883▼
Gross operating margin9900€429k€275k▼
Operating profit (loss)9901€48k€68k▲
Financial income75/76B€0€379▲
Recurring financial income75€0€379▲
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€37k€59k▲
Income taxes67/77€260€30k▲
Profit (loss) for the period9904€37k€29k▼
Profit (loss) for the period to be appropriated9905€37k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-74k▲
Profit (loss) brought forward from the previous period14P€-140k€-103k▲
Transfer from equity791/2€8k€44k▲
Profit to be distributed694/7€8k€44k▲
Return on contributions (dividend)694€8k€44k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Weakest financial yearnet €-140k ▼231%
Net result drops to €-140k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Highest result since 2018net €107k ▲148%
Operating result €151k, net result €107k, both a record.
31-12
Financial
Equity above €200kEq €283k ▲60.7%
2 profitable years in a row build equity to €283k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Equity above €150kEq €176k ▲32.5%
Equity rises from €133k to €176k.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 2010
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.
Sint-Kwintens 48300 Knokke-HeistGround area
477 m²
Building footprint
253 m²
Volume, LiDAR
1,290 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
eet-en praatcaf� de bib
since 20102.190.024.329
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039A0156/00P002 | Flanders | 335 m² | 1 · 107 m² | 8.0 m · 2 fl. |
| 31333H0178/00B000 | Flanders | 142 m² | 1 · 146 m² | 9.0 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.190.024.329
Similar companies · same sector, comparable size
HIAS FRERES
BE 0845.658.767
Mouscron · Eq €110,427
Bismalla
BE 0727.508.512
Antwerpen · Eq €110,447
S-T & ASSOCIES
BE 0807.306.056
Sint-Jans-Molenbeek · Eq €110,465
HET NIEUWE ROOI
BE 0468.455.065
Antwerpen · Eq €110,514
OPTIMALE RECREATIEVE en FEESTELIJKE EVENEMENTEN SERVICE
BE 0437.448.719
Kasterlee · Eq €110,523
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,453 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
Founded30-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.