MANAGEMENT VAN DEN HENDE
ActiveMANAGEMENT VAN DEN HENDE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60k and a net result of €10k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability24▲+10
Solvency50▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.53 in 2023; short-term debt: 62.7% and cash: 1.6% of total assets), but 74.9% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
25.1%
Return on assets
4.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 37959 sector peers (2024).
NBB · sector comparisonPosition among 37959 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 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
67 d late
2023
133 d late
2022
71 d late
2021
61 d late
2020
90 d late
2019
123 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€60k▲ 24.5%
2023 · €48k
2018: €18k
2019: €34
2020: €70k
2021: €47k
2022: €57k
2023: €48k
2018 → 2024
Total assets
€238k▼ 3.3%
2023 · €246k
2018: €141k
2019: €140k
2020: €120k
2021: €222k
2022: €230k
2023: €246k
2018 → 2024
Net result
€10k
2023 · €-9k
2018: €122k
2019: €-18k
2020: €70k
2021: €-23k
2022: €10k
2023: €-9k
2018 → 2024
Working capital
€86k▲ 2.2%
2023 · €85k
2018: €6k
2019: €-6k
2020: €61k
2021: €41k
2022: €96k
2023: €85k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€47k▼ 33.0%€57k▲ 21.7%€48k▼ 15.5%€60k▲ 24.5%
Operating result€68k-€-23k€29k€-5k€-38k▼ 607%
Net result€70k-€-23k€10k€-9k€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38k in 2024 against €5k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €238k
Fixed assets
€2k▼ 11.1%
Current assets
€235k▼ 3.2%
Equity and liabilities €238k
Equity
€60k▲ 24.5%
Debt
€178k▼ 10.1%
The debt ratio falls from 80.5% to 74.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-36k▼
2023 · €-4k
Cash flow
€12k▲
2023 · €-7k
Solvency
25.1%▲
2023 · 19.5%
Current ratio
1.58▲
2023 · 1.53
Quick ratio
1.41▲
2023 · 1.21
Debt / equity
2.98▼
2023 · 4.12
ROE
16.5%▲
2023 · -18.4%
ROA
4.2%▲
2023 · -3.6%
Interest coverage
-6.30▼
2023 · -1.03
Debt
€178k▼
2023 · €198k
Debt ≤ 1 year
€149k▼
2023 · €159k
Debt > 1 year
€29k▼
2023 · €39k
Income taxes
€181▼
2023 · €7k
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€246k€238k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€1€1=
Current assets29/58€243k€235k▼
Stocks and contracts in progress3€51k€26k▼
Stocks30/36€51k€26k▼
Amounts receivable within one year40/41€192k€206k▲
Trade receivables40€44k€38k▼
Other amounts receivable41€148k€168k▲
Cash at bank and in hand54/58-€4k
Equity and liabilities
Total equity and liabilities10/49€246k€238k▼
Equity10/15€48k€60k▲
Contributions10/11€6k€6k=
Reserves13€40k€40k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Other1319-€0
Distributable reserves133€39k€39k=
Profit (loss) carried forward14€1k€11k▲
Investment grants15-€2k
Amounts payable17/49€198k€178k▼
Amounts payable after more than one year17€39k€29k▼
Financial debts170/4€39k€29k▼
Amounts payable within one year42/48€159k€149k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Financial debts43€19k€15k▼
Credit institutions430/8€19k€15k▼
Trade debts44€5k€14k▲
Suppliers440/4€5k€14k▲
Advances received on contracts in progress46€30k€30k=
Taxes, remuneration and social security45€42k€26k▼
Taxes450/3€42k€26k▼
Other amounts payable47/48€53k€53k=
Income statement
Code20232024
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€26k
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€-964€-8k▼
Operating profit (loss)9901€-5k€-38k▼
Financial income75/76B€7k€54k▲
Recurring financial income75€7k€10k▲
Non-recurring financial income76B-€44k
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€-2k€10k▲
Income taxes67/77€7k€181▼
Profit (loss) for the period9904€-9k€10k▲
Profit (loss) for the period to be appropriated9905€-9k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€11k▲
Profit (loss) brought forward from the previous period14P€10k€1k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 133 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-23k ▼133%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €70k
Net result €70k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.22
Current ratio from 0.96 to 2.22; short-term debt falls from €139k to €50k.
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 146 days late
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 142 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 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, Waregem · 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.
Fazantenlaan 208790 WaregemGround area
1,769 m²
Building footprint
380 m²
Volume, LiDAR
1,511 m³
Parcel 34452B0836/00W000, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Fazantenlaan 20, 8790 Waregem
since 20082.173.598.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0836/00W000 | Flanders | 1,768 m² | 1 · 380 m² | 5.7 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 38,998 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-10-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.