Summary
DEGROHOLD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €34.69M and a net result of €305k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 58% of 2394 sector peers (fiscal year 2025). The company has been active since 2015 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 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d late
2023
30 d late
2022
11 d early
2021
31 d late
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€34.69M▲ 0.8%
2024 · €34.42M
2018: €34.20M
2019: €34.33M
2020: €34.24M
2021: €34.31M
2022: €35.15M
2023: €35.90M
2024: €34.42M
2018 → 2025
Net result
€305k
2024 · €-1.48M
2018: €24.12M
2019: €125k
2020: €-94k
2021: €78k
2022: €835k
2023: €753k
2024: €-1.48M
2018 → 2025
Total assets
€49.82M▲ 3.8%
2024 · €48.02M
2018: €41.64M
2019: €41.55M
2020: €34.25M
2021: €38.48M
2022: €43.87M
2023: €44.65M
2024: €48.02M
2018 → 2025
Solvency
69.6%▼ 2.1pp
2024 · 71.7%
2018: 82.1%
2019: 82.6%
2020: 99.9%
2021: 89.2%
2022: 80.1%
2023: 80.4%
2024: 71.7%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34.31M-€35.15M▲ 2.4%€35.90M▲ 2.1%€34.42M▼ 4.1%€34.69M▲ 0.8%
Operating result€-479k-€-161k▲ 66.4%€-202k▼ 25.4%€-288k▼ 42.5%€-317k▼ 10.2%
Net result€78k-€835k▲ 975%€753k▼ 9.9%€-1.48M€305k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €317k in 2025 against €288k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49.82M
Fixed assets
€1.14M ▲ 427,147%
Current assets
€48.69M ▲ 1.4%
Equity and liabilities €49.82M
Equity
€34.69M ▲ 0.8%
Debt
€15.13M ▲ 11.3%
Debt's share of the balance-sheet total rises from 28.3% to 30.4%. Equity and debt are higher.
Key figures and ratios
ROE
0.9%▲
2024 · -4.3%
ROA
0.6%▲
2024 · -3.1%
Debt ≤ 1 year
€44k▼
2024 · €73k
Debt > 1 year
€8.66M=
2024 · €8.66M
Income taxes
€235k▼
2024 · €457k
Staff costs
€37k▲
2024 · €37k
A ratio outside any meaningful range has been withheld (balance sheet total €49.82M, equity €34.69M).
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 · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48.02M€49.82M▲
Fixed assets21/28€266€1.14M▲
Tangible fixed assets22/27€266€0▼
Furniture and vehicles24€266€0▼
Financial fixed assets28€0€1.14M▲
Current assets29/58€48.02M€48.69M▲
Amounts receivable after more than one year29€4.41M€4.46M▲
Trade receivables290€0-
Other amounts receivable291€4.41M€4.46M▲
Amounts receivable within one year40/41€6.30M€6.56M▲
Other amounts receivable41€6.30M€6.56M▲
Current investments50/53€35.82M€36.96M▲
Cash at bank and in hand54/58€1.19M€337k▼
Deferred charges and accrued income490/1€298k€374k▲
Equity and liabilities
Total equity and liabilities10/49€48.02M€49.82M▲
Equity10/15€34.42M€34.69M▲
Contributions10/11€10.08M€10.08M=
Capital10€10.08M€10.08M=
Issued capital100€10.08M€10.08M=
Reserves13€25.82M€25.82M=
Non-distributable reserves130/1€1.01M€1.01M=
Legal reserve130€1.01M€1.01M=
Distributable reserves133€24.81M€24.81M=
Profit (loss) carried forward14€-1.48M€-1.21M▲
Amounts payable17/49€13.60M€15.13M▲
Amounts payable after more than one year17€8.66M€8.66M=
Financial debts170/4€8.66M€8.66M=
Amounts payable within one year42/48€73k€44k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€26k€8k▼
Suppliers440/4€26k€8k▼
Taxes, remuneration and social security45€47k€3k▼
Taxes450/3€44k€0▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€1k€33k▲
Accrued charges and deferred income492/3€4.86M€6.43M▲
Income statement
Code20242025
Remuneration, social security and pensions62€37k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€656€266▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€-245k€-275k▼
Operating profit (loss)9901€-288k€-317k▼
Financial income75/76B€2.09M€1.88M▼
Recurring financial income75€2.09M€1.88M▼
Financial charges65/66B€2.82M€1.02M▼
Recurring financial charges65€2.82M€1.02M▼
Profit (loss) for the period before taxes9903€-1.02M€540k▲
Income taxes67/77€457k€235k▼
Profit (loss) for the period9904€-1.48M€305k▲
Profit (loss) for the period to be appropriated9905€-1.48M€305k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.48M€-1.17M▲
Profit (loss) brought forward from the previous period14P-€-1.48M
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7-€35k
Directors or managers695-€35k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Back to profitnet €305k
Net result €305k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-1.48M ▼296%
Net result drops to €-1.48M, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5446.44
Current ratio from 1823.56 to 5446.44; short-term debt falls from €18k to €7k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Merelbeke-Melle · 1 establishment unit since 2015
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.
Salisburylaan 369820 Merelbeke-MelleGround area
2,471 m²
Building footprint
548 m²
Parcel 44413A0028/00L002, Flanders. Linked by address, not a title deed.
1 establishment unit
DEGROHOLD
since 20152.243.692.251
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44413A0028/00L002 | Flanders | 2,471 m² | 1 · 548 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500BTWNXDWGDHHM25
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 3,269 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 formPublic limited company
Founded09-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.