Summary
BREEDENHEERE 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 €1.05M and a net result of €202k. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 85% of 9863 sector peers (fiscal year 2024). The company has been active since 1989 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 advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
40 d early
2022
54 d early
2021
31 d early
2020
33 d early
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.05M▲ 16.8%
2023 · €899k
2018: €632k
2019: €697k
2020: €785k
2021: €886k
2022: €947k
2023: €899k
2018 → 2024
Net result
€202k▲ 28.6%
2023 · €157k
2018: €44k
2019: €65k
2020: €89k
2021: €101k
2022: €61k
2023: €157k
2018 → 2024
Total assets
€1.20M▲ 14.7%
2023 · €1.05M
2018: €1.01M
2019: €1.14M
2020: €1.12M
2021: €1.05M
2022: €1.11M
2023: €1.05M
2018 → 2024
Solvency
87.4%▲ 1.6pp
2023 · 85.8%
2018: 62.3%
2019: 60.8%
2020: 70.2%
2021: 84.3%
2022: 85.4%
2023: 85.8%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€785k-€886k▲ 12.8%€947k▲ 6.8%€899k▼ 5.1%€1.05M▲ 16.8%
Operating result€140k-€170k▲ 21.3%€88k▼ 48.3%€226k▲ 157%€275k▲ 22.0%
Net result€89k-€101k▲ 13.8%€61k▼ 39.8%€157k▲ 158%€202k▲ 28.6%
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 22% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.20M
Fixed assets
€330k ▼ 4.6%
Current assets
€871k ▲ 24.2%
Equity and liabilities €1.20M
Equity
€1.05M ▲ 16.8%
Debt
€152k ▲ 1.7%
Debt's share of the balance-sheet total falls from 14.2% to 12.6%. Equity and debt are higher.
Key figures and ratios
ROE
19.2%▲
2023 · 17.4%
ROA
16.8%▲
2023 · 15.0%
Debt ≤ 1 year
€152k▲
2023 · €149k
Income taxes
€95k▲
2023 · €74k
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 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.05M€1.20M▲
Fixed assets21/28€346k€330k▼
Tangible fixed assets22/27€346k€330k▼
Land and buildings22€345k€329k▼
Plant, machinery and equipment23€2k€964▼
Current assets29/58€702k€871k▲
Amounts receivable within one year40/41€226k€441k▲
Trade receivables40€85k€349k▲
Other amounts receivable41€141k€91k▼
Current investments50/53€377k-
Cash at bank and in hand54/58€98k€430k▲
Deferred charges and accrued income490/1€655€595▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.20M▲
Equity10/15€899k€1.05M▲
Contributions10/11€20k€20k=
Reserves13€879k€1.03M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€877k€1.03M▲
Amounts payable17/49€149k€152k▲
Amounts payable within one year42/48€149k€152k▲
Trade debts44€240€26k▲
Suppliers440/4€240€26k▲
Taxes, remuneration and social security45€41k€65k▲
Taxes450/3€41k€65k▲
Other amounts payable47/48€108k€62k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€245k€294k▲
Operating profit (loss)9901€226k€275k▲
Financial income75/76B€6k€22k▲
Recurring financial income75€6k€22k▲
Financial charges65/66B€1k€228▼
Recurring financial charges65€1k€228▼
Profit (loss) for the period before taxes9903€231k€296k▲
Income taxes67/77€74k€95k▲
Profit (loss) for the period9904€157k€202k▲
Profit (loss) for the period to be appropriated9905€157k€202k▲
Appropriation of the result
Profit (loss) to be appropriated9906€157k€202k▲
Transfer from equity791/2€205k€50k▼
Transfer to equity691/2€157k€202k▲
To other reserves6921€157k€202k▲
Profit to be distributed694/7€205k€50k▼
Return on contributions (dividend)694€205k€50k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €202k ▲28.6%
Operating result €275k, net result €202k, both a record.
31-12
Financial
Equity above €1MEq €1.05M ▲16.8%
7 profitable years in a row build equity to €1.05M.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Heuvelland · 1 establishment unit since 1989
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.
Zepestraat(Wulv) 48952 HeuvellandGround area
2,120 m²
Building footprint
283 m²
Volume, LiDAR
1,178 m³
Parcel 33034A0535/00K000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Zepestraat(Wulv) 4, 8952 Heuvelland
since 19892.042.826.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33034A0535/00K000 | Flanders | 2,120 m² | 1 · 283 m² | 7.8 m · 1 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.
Similar companies · same sector, comparable size
Polaris Partners
BE 1007.980.646
Sint-Martens-Latem · Eq €1,049,910
ROFIX
BE 0831.457.175
Dilsen-Stokkem · Eq €1,049,925
EntP
BE 0824.824.850
Horebeke · Eq €1,049,998
INSIDE BLINDS
BE 0889.235.325
Roeselare · Eq €1,050,359
ELINE VAN IMPE
BE 0819.354.743
Haaltert · Eq €1,049,073
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,562 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 (pre-2019)
Founded14-03-1989
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.