1 SET
ActiveSummary
1 SET has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €245. Equity is growing by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 50% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-2
Solvency71▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 1.49 in 2024; short-term debt: 54.4% and cash: 21.6% of total assets), but 54.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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 · 8 filingsDeviation from the deadline
2025
13 d late
2024
20 d late
2023
30 d late
2022
32 d late
2021
31 d late
2020
61 d late
2019
31 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, micro schema
Equity
€17k▲ 1.5%
2024 · €16k
2018: €2k
2019: €-3k
2020: €-4k
2021: €7k
2022: €15k
2023: €15k
2024: €16k
2018 → 2025
Total assets
€37k▼ 10.0%
2024 · €41k
2018: €50k
2019: €21k
2020: €35k
2021: €47k
2022: €51k
2023: €56k
2024: €41k
2018 → 2025
Net result
€245▼ 74.9%
2024 · €979
2018: €1k
2019: €-6k
2020: €-388
2021: €11k
2022: €8k
2023: €309
2024: €979
2018 → 2025
Working capital
€15k▲ 28.6%
2024 · €12k
2018: €-8k
2019: €-11k
2020: €-8k
2021: €-8k
2022: €4k
2023: €8k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7k-€15k▲ 111%€15k▲ 2.0%€16k▲ 6.3%€17k▲ 1.5%
Operating result€13k-€10k▼ 19.4%€2k▼ 80.4%€3k▲ 31.3%€2k▼ 35.3%
Net result€11k-€8k▼ 27.6%€309▼ 96.1%€979▲ 217%€245▼ 74.9%
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 35% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37k
Fixed assets
€2k ▼ 67.2%
Current assets
€35k ▼ 2.5%
Equity and liabilities €37k
Equity
€17k ▲ 1.5%
Debt
€20k ▼ 17.7%
Debt's share of the balance-sheet total falls from 59.5% to 54.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €6k
Cash flow
€3k▼
2024 · €4k
Current ratio
1.76▲
2024 · 1.49
Debt to equity
1.19▼
2024 · 1.47
ROE
1.5%▼
2024 · 6.0%
ROA
0.7%▼
2024 · 2.4%
Interest coverage
17.67▼
2024 · 30.31
Debt ≤ 1 year
€20k▼
2024 · €24k
Income taxes
€1k▼
2024 · €2k
Staff costs
€66k▲
2024 · €65k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41k€37k▼
Fixed assets21/28€5k€2k▼
Tangible fixed assets22/27€5k€2k▼
Furniture and vehicles24€5k€2k▼
Current assets29/58€36k€35k▼
Amounts receivable within one year40/41€34k€26k▼
Trade receivables40€32k€24k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1€238€787▲
Equity and liabilities
Total equity and liabilities10/49€41k€37k▼
Equity10/15€16k€17k▲
Contributions10/11€900€900=
Reserves13€14k€14k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€1k€2k▲
Amounts payable17/49€24k€20k▼
Amounts payable within one year42/48€24k€20k▼
Trade debts44€2k€6k▲
Suppliers440/4€2k€6k▲
Taxes, remuneration and social security45€22k€14k▼
Taxes450/3€13k€4k▼
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€347€347=
Income statement
Code20242025
Remuneration, social security and pensions62€65k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€1k€902▼
Gross operating margin9900€71k€72k▲
Operating profit (loss)9901€3k€2k▼
Financial charges65/66B€191€275▲
Recurring financial charges65€191€275▲
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€979€245▼
Profit (loss) for the period to be appropriated9905€979€245▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€2k▲
Profit (loss) brought forward from the previous period14P€309€1k▲
The notes to these accounts (6 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-6k ▼571%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Baelen · 1 establishment unit since 2017
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.
Rue de l'Invasion(MCH) 44837 BaelenGround area
2.1 ha
Building footprint
316 m²
Volume, LiDAR
1,863 m³
Parcel 63051A0151/00E000, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Invasion(MCH) 4, 4837 Baelen
since 20172.266.852.683
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63051A0151/00E000 | Wallonia | 2.1 ha | 1 · 316 m² | 9.1 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.
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Verwimp Technics
BE 1026.173.193
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V&C CONSULT
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FAB TEC
BE 1007.609.967
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 361 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 formPrivate limited company
Founded04-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.