De Baene
ActiveDe Baene has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65k and a net result of €-8k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 37% of 26046 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▼-3
Solvency42▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.9 in 2023; short-term debt: 55.6% and cash: 1.9% of total assets), but 82.5% of the assets are financed with debt.
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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
17.5%
Return on assets
-2.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
29 d late
2022
60 d late
2021
79 d late
2020
88 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€65k▼ 11.2%
2023 · €73k
2018: €98k
2019: €81k
2020: €87k
2021: €80k
2022: €77k
2023: €73k
2018 → 2024
Total assets
€371k▲ 3.0%
2023 · €360k
2018: €492k
2019: €488k
2020: €500k
2021: €519k
2022: €324k
2023: €360k
2018 → 2024
Net result
€-8k▼ 109%
2023 · €-4k
2018: €4k
2019: €-17k
2020: €7k
2021: €-7k
2022: €-3k
2023: €-4k
2018 → 2024
Working capital
€163k▼ 2.8%
2023 · €168k
2018: €226k
2019: €212k
2020: €221k
2021: €210k
2022: €193k
2023: €168k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€80k▼ 8.0%€77k▼ 4.0%€73k▼ 5.1%€65k▼ 11.2%
Operating result€13k-€-2k€4k€5k▲ 54.3%€3k▼ 49.7%
Net result€7k-€-7k€-3k▲ 54.2%€-4k▼ 23.3%€-8k▼ 109%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €371k
Fixed assets
€2k▼ 56.1%
Current assets
€369k▲ 4.0%
Equity and liabilities €371k
Equity
€65k▼ 11.2%
Debt
€306k▲ 6.6%
The debt ratio rises from 79.7% to 82.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6k▼
2023 · €7k
Cash flow
€-5k▼
2023 · €-2k
Solvency
17.5%▼
2023 · 20.3%
Current ratio
1.79▼
2023 · 1.90
Quick ratio
1.03▼
2023 · 1.06
Debt / equity
4.72▲
2023 · 3.93
ROE
-12.7%▼
2023 · -5.4%
ROA
-2.2%▼
2023 · -1.1%
Interest coverage
0.58▼
2023 · 0.78
Debt
€306k▲
2023 · €287k
Debt ≤ 1 year
€206k▲
2023 · €187k
Debt > 1 year
€100k=
2023 · €100k
Income taxes
€281▲
2023 · €182
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€360k€371k▲
Formation expenses20€1k-
Fixed assets21/28€4k€2k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€266€176▼
Current assets29/58€355k€369k▲
Stocks and contracts in progress3€157k€157k=
Stocks30/36€157k€157k=
Amounts receivable within one year40/41€191k€205k▲
Trade receivables40€189k€205k▲
Other amounts receivable41€1k€272▼
Cash at bank and in hand54/58€7k€7k▼
Equity and liabilities
Total equity and liabilities10/49€360k€371k▲
Equity10/15€73k€65k▼
Contributions10/11€93k€93k=
Outside capital11€93k-
Other1109/19€93k-
Reserves13€9k€9k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-28k€-37k▼
Amounts payable17/49€287k€306k▲
Amounts payable after more than one year17€100k€100k=
Financial debts170/4€100k€100k=
Amounts payable within one year42/48€187k€206k▲
Current portion of amounts payable after more than one year42€9k-
Financial debts43€21k€22k▲
Credit institutions430/8€21k€22k▲
Trade debts44€152k€156k▲
Suppliers440/4€152k€156k▲
Advances received on contracts in progress46€6k€7k▲
Taxes, remuneration and social security45€400€664▲
Taxes450/3€400€664▲
Other amounts payable47/48-€21k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€4k€35▼
Gross operating margin9900€11k€6k▼
Operating profit (loss)9901€5k€3k▼
Financial income75/76B€252€53▼
Recurring financial income75€252€53▼
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€-4k€-8k▼
Income taxes67/77€182€281▲
Profit (loss) for the period9904€-4k€-8k▼
Profit (loss) for the period to be appropriated9905€-4k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-37k▼
Profit (loss) brought forward from the previous period14P€-25k€-28k▼
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
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet €-17k ▼499%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
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, Beernem · 1 establishment unit since 1980
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.
Bruggestraat 1438730 BeernemGround area
2,325 m²
Building footprint
111 m²
Volume, LiDAR
640 m³
Parcel 31021G0404/00N002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUIS CARROSSERIE AUTOHANDEL DE
since 19802.019.389.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021G0404/00N002 | Flanders | 2,325 m² | 1 · 111 m² | 8.4 m · 2 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
ALDA
BE 0453.289.017
Ranst · Eq €65k
MOOSCARS
BE 0768.380.154
Arlon · Eq €65k
REPAIR SITE
BE 0760.599.566
Brussel · Eq €65k
BEVERLY CARS
BE 0454.886.052
Denderleeuw · Eq €65k
GARAGE CASTREMANNE
BE 0432.772.725
Andenne · Eq €65k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 3,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-11-1980
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.