11 Francs
Active11 Francs has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-158k) and a net result of €-54k. Its solvency ranks better than 15% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability27▲+13
Solvency19▼-2
Growth58
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.15 in 2023; short-term debt: 24.6% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
-5.9%
Return on assets
-2%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2324
2023 to 2024 · latest year €-158k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
19 d late
2023
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-158k▼ 52.6%
2023 · €-103k
2023: €-103k
2023 → 2024
Total assets
€2.66M▲ 0.4%
2023 · €2.65M
2023: €2.65M
2023 → 2024
Net result
€-54k▲ 50.5%
2023 · €-110k
2023: €-110k
2023 → 2024
Working capital
€-618k▼ 1,103%
2023 · €-51k
2023: €-51k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€-103k-€-158k▼ 52.6%
Operating result€-60k-€20k
Net result€-110k-€-54k▲ 50.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €20k after a loss of €60k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.66M
Fixed assets
€2.63M▼ 0.6%
Current assets
€37k▲ 303%
Key figures and ratios
EBITDA
€96k▲
2023 · €-8k
Cash flow
€22k▲
2023 · €-58k
Solvency
-5.9%▼
2023 · -3.9%
Current ratio
0.06▼
2023 · 0.15
Quick ratio
0.06▼
2023 · 0.15
Debt / equity
-17.90▲
2023 · -26.67
ROA
-2.0%▲
2023 · -4.1%
Interest coverage
1.29▲
2023 · -0.15
Debt
€2.82M▲
2023 · €2.76M
Debt ≤ 1 year
€655k▲
2023 · €60k
Debt > 1 year
€2.17M▼
2023 · €2.70M
Staff costs
€6k
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€2.65M€2.66M▲
Fixed assets21/28€2.64M€2.63M▼
Tangible fixed assets22/27€2.64M€2.63M▼
Land and buildings22€2.64M€2.57M▼
Furniture and vehicles24-€56k
Financial fixed assets28-€205
Current assets29/58€9k€37k▲
Stocks and contracts in progress3-€501
Stocks30/36-€501
Amounts receivable within one year40/41-€23k
Trade receivables40-€749
Other amounts receivable41-€22k
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1-€910
Equity and liabilities
Total equity and liabilities10/49€2.65M€2.66M▲
Equity10/15€-103k€-158k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-110k€-164k▼
Amounts payable17/49€2.76M€2.82M▲
Amounts payable after more than one year17€2.70M€2.17M▼
Financial debts170/4€1.07M€2.17M▲
Other amounts payable178/9€1.62M€0▼
Amounts payable within one year42/48€60k€655k▲
Current portion of amounts payable after more than one year42€56k€123k▲
Trade debts44€2k€72k▲
Suppliers440/4€2k€72k▲
Taxes, remuneration and social security45-€5k
Taxes450/3-€3k
Remuneration and social security454/9-€2k
Other amounts payable47/48€3k€455k▲
Accrued charges and deferred income492/3€384€477▲
Income statement
Code20232024
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€76k▲
Other operating charges640/8€6k€12k▲
Gross operating margin9900€-2k€114k▲
Operating profit (loss)9901€-60k€20k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€50k€74k▲
Recurring financial charges65€50k€74k▲
Profit (loss) for the period before taxes9903€-110k€-54k▲
Profit (loss) for the period9904€-110k€-54k▲
Profit (loss) for the period to be appropriated9905€-110k€-54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-110k€-164k▼
Profit (loss) brought forward from the previous period14P-€-110k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
NBB filing
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, Mons · 1 establishment unit since 2023
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.
Place de Vannes 207000 MonsGround area
1,469 m²
Building footprint
173 m²
Volume, LiDAR
2,939 m³
Parcel 53403E0063/00K000, Wallonia · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Les Terrasses de Sainte Waudru/Chasse Ma Brune
since 20232.345.746.149
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403E0063/00K000 | Wallonia | 1,469 m² | 1 · 173 m² | 19.9 m · 6 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.
Similar companies · same sector and region
"SCARDICOM"
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ARJUL
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BH2D
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 12,016 companies in sector 68203 we hold annual accounts for 5,983.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2023
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
68203Renting and operating of own or leased non-residential real estate, excluding land
55203Holiday cottages, homes and apartments
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.
Contact details
2 entriesE-mail:benoit@webstanz.be
Phone:+32496757718