DRIEGHE AZALEA
ActiveDRIEGHE AZALEA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €874k and a net result of €83k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 83% of 3108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-3
Solvency99▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 3.31 in 2024; short-term debt: 23.1% and cash: 35.6% of total assets), and 26.3% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.7%
Return on assets
7%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
16 d early
2023
29 d early
2022
4 d early
2021
16 d early
2020
26 d late
2019
55 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€874k▲ 3.1%
2024 · €848k
2018: €412k
2019: €457k
2020: €509k
2021: €604k
2022: €660k
2023: €745k
2024: €848k
2018 → 2025
Total assets
€1.18M▲ 4.8%
2024 · €1.13M
2018: €973k
2019: €978k
2020: €1.00M
2021: €1.02M
2022: €1.03M
2023: €1.10M
2024: €1.13M
2018 → 2025
Net result
€83k▼ 22.4%
2024 · €107k
2018: €43k
2019: €40k
2020: €56k
2021: €98k
2022: €60k
2023: €89k
2024: €107k
2018 → 2025
Working capital
€475k▼ 6.4%
2024 · €507k
2018: €75k
2019: €137k
2020: €209k
2021: €279k
2022: €272k
2023: €400k
2024: €507k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€604k-€660k▲ 9.3%€745k▲ 12.9%€848k▲ 13.8%€874k▲ 3.1%
Operating result€120k-€75k▼ 37.2%€125k▲ 65.3%€149k▲ 19.2%€114k▼ 23.4%
Net result€98k-€60k▼ 38.6%€89k▲ 47.6%€107k▲ 19.9%€83k▼ 22.4%
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 2025; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.18M
Fixed assets
€437k▲ 8.4%
Current assets
€748k▲ 2.9%
Equity and liabilities €1.18M
Equity
€874k▲ 3.1%
Provisions
€287▼ 18.2%
Debt
€311k▲ 10.1%
The debt ratio rises from 25.0% to 26.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€183k▼
2024 · €214k
Cash flow
€153k▼
2024 · €172k
Solvency
73.7%▼
2024 · 75.0%
Current ratio
2.74▼
2024 · 3.31
Quick ratio
1.88▼
2024 · 2.25
Debt / equity
0.36▲
2024 · 0.33
ROE
9.5%▼
2024 · 12.6%
ROA
7.0%▼
2024 · 9.5%
Interest coverage
62.17▲
2024 · 59.95
Debt
€311k▲
2024 · €282k
Debt ≤ 1 year
€273k▲
2024 · €220k
Debt > 1 year
€38k▼
2024 · €63k
Income taxes
€30k▼
2024 · €43k
Staff costs
€36k▼
2024 · €57k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.18M▲
Fixed assets21/28€403k€437k▲
Tangible fixed assets22/27€403k€437k▲
Land and buildings22€287k€253k▼
Plant, machinery and equipment23€93k€171k▲
Furniture and vehicles24€23k€13k▼
Current assets29/58€727k€748k▲
Stocks and contracts in progress3€233k€234k▲
Stocks30/36€233k€234k▲
Amounts receivable within one year40/41€118k€89k▼
Trade receivables40€113k€88k▼
Other amounts receivable41€5k€597▼
Cash at bank and in hand54/58€373k€422k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.18M▲
Equity10/15€848k€874k▲
Contributions10/11€148k€148k=
Reserves13€329k€356k▲
Tax-exempt reserves132€1k€1k=
Distributable reserves133€328k€355k▲
Profit (loss) carried forward14€365k€365k=
Investment grants15€7k€5k▼
Provisions and deferred taxes16€352€287▼
Deferred taxes168€352€287▼
Amounts payable17/49€282k€311k▲
Amounts payable after more than one year17€63k€38k▼
Financial debts170/4€63k€38k▼
Amounts payable within one year42/48€220k€273k▲
Current portion of amounts payable after more than one year42€25k€25k=
Trade debts44€4k€14k▲
Suppliers440/4€4k€14k▲
Taxes, remuneration and social security45€16k€7k▼
Taxes450/3€9k€2k▼
Remuneration and social security454/9€7k€5k▼
Other amounts payable47/48€175k€227k▲
Income statement
Code20242025
Non-recurring operating income76A-€198
Remuneration, social security and pensions62€57k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€70k▲
Other operating charges640/8€12k€12k▲
Gross operating margin9900€283k€232k▼
Operating profit (loss)9901€149k€114k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€150k€113k▼
Transfer from deferred taxes780€220€64▼
Income taxes67/77€43k€30k▼
Profit (loss) for the period9904€107k€83k▼
Profit (loss) for the period to be appropriated9905€107k€83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€471k€448k▼
Profit (loss) brought forward from the previous period14P€365k€365k=
Transfer from equity791/2-€56k
Transfer to equity691/2€107k€83k▼
To other reserves6921€107k€83k▼
Profit to be distributed694/7-€56k
Return on contributions (dividend)694-€56k
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
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €107k ▲19.9%
Operating result €149k, net result €107k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Equity above €500kEq €509k ▲11.3%
3 profitable years in a row build equity to €509k.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Weakest financial yearnet €40k ▼6.7%
Net result drops to €40k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Lochristi · 1 establishment unit since 2008
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.
Lindestraat 219080 LochristiGround area
1,374 m²
Building footprint
151 m²
Volume, LiDAR
881 m³
Parcel 44034A0003/00Z000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Drieghe Azalea
since 20082.168.158.450
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034A0003/00Z000 | Flanders | 1,374 m² | 1 · 151 m² | 8.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 840 EUR awarded · 840 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 140 EUR | 140 EUR |
| 2024 | 1 | 320 EUR | 320 EUR |
| 2022 | 1 | 380 EUR | 380 EUR |
Schemes
Subsidie voor zorgboerderijen
Recognitions · licences · registrations
Food safety, FASFC
1 siteLochristi2.168.158.450
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Of 871 companies in sector 01191 we hold annual accounts for 307. 239 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2008
Fiscal year end31-12
Activities, NACEBEL
01191Growing of flowers
46220Wholesale trade
47761Retail sale of flowers, plants, seeds and fertilisers
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.