Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEGRANDE from Kortrijk, company number BE0463631393, closed financial year 2025 with a result of € -192,085 after tax. For that financial year DEGRANDE recorded a gross margin of € 232,122 and equity of € 186,100. Compared with financial year 2024, the result moved from € -2,478 to € -192,085. The company made a loss. The buffer shrank hard: equity is 51 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 186,100
▼ 51% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -192,085
▼ 7653 % more loss than in 2024
Profit after tax over the fiscal year.
€ 42,955
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 118,481.
People and assets in 2025
3.2
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 178,946
€ 55,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 515,728
▼ 22% vs 2024
Of which on lease € 160,881.
Debts at end 2025
€ 472,033
▼ 15% vs 2024
€ 106,977 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 25,449
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,633
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 305,251 | € 477,475 | € 429,069 | € 232,122 | ▼ 46% |
| Profit after taxes | € 46,920 | € 129,098 | € -2,478 | € -192,085 | ▼ € 189,607 |
| Equity | € 254,565 | € 382,663 | € 379,185 | € 186,100 | ▼ 51% |
| Total debts | € 664,479 | € 619,017 | € 677,074 | € 601,601 | ▼ 11% |
| Cash | € 28,433 | € 103,207 | € 85,516 | € 42,955 | ▼ 50% |
| Retained profit | € 183,946 | € 313,044 | € 310,566 | € 118,481 | ▼ 62% |
| Bank debt | € 503,501 | € 468,977 | € 557,657 | € 472,033 | ▼ 15% |
| Balance sheet total | € 919,044 | € 1,001,680 | € 1,056,259 | € 787,701 | ▼ 25% |
| Employees (FTE) | 2.3 | 2.3 | 3.3 | 3.2 | ▼ 0.1 |
Key figures of DEGRANDE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DEGRANDE?
What happened at DEGRANDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 192,085. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,920 profit in 2022 to € 192,085 loss in 2025.
Paid € 50,332 in corporate taxes since 2022.
Best year ever: 2023, with € 129,098 profit.
On average € 72,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Bart Degrande
Manager
Establishments
Establishment units
Physical locations of this company
Doornikserijksweg(Bel) 117
8510 Kortrijk
Doornikserijksweg(Koo) 117
8510 Kortrijk
Active since 30 June 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0463.631.393
- VAT number
- BE 0463.631.393
- Registered office
- Doornikserijksweg(Bel) 117, 8510 Kortrijk
- Names & denominations
- DEGRANDE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 1998
- Peppol
- Active · Active since 30 Oct 2023
- Contact
- degrande.be [email protected] 056/21 50 34
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)