12ten
Active12ten has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.21M and a net result of €221k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 31393 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-8
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 33.07 against 21.57 in 2024), and 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+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 →
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 · 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
97%
Return on assets
17.8%
Age of the figures
8 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
37 d early
2022
38 d early
2021
25 d early
2020
12 d early
← 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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.21M▲ 22.4%
2024 · €986k
2020: €108k
2021: €316k
2022: €536k
2023: €762k
2024: €986k
2020 → 2025
Total assets
€1.24M▲ 20.4%
2024 · €1.03M
2020: €142k
2021: €357k
2022: €582k
2023: €812k
2024: €1.03M
2020 → 2025
Net result
€221k▼ 0.9%
2024 · €223k
2020: €98k
2021: €208k
2022: €220k
2023: €227k
2024: €223k
2020 → 2025
Working capital
€1.20M▲ 22.7%
2024 · €976k
2020: €102k
2021: €312k
2022: €528k
2023: €759k
2024: €976k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€316k-€536k▲ 69.6%€762k▲ 42.3%€986k▲ 29.3%€1.21M▲ 22.4%
Operating result€300k-€318k▲ 6.1%€324k▲ 1.7%€304k▼ 6.1%€296k▼ 2.7%
Net result€208k-€220k▲ 5.7%€227k▲ 3.1%€223k▼ 1.5%€221k▼ 0.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 3% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€9k▼ 7.9%
Current assets
€1.24M▲ 20.7%
Equity and liabilities €1.24M
Equity
€1.21M▲ 22.4%
Debt
€37k▼ 21.3%
The debt ratio falls from 4.6% to 3.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€296k▼
2024 · €307k
Cash flow
€222k▼
2024 · €226k
Solvency
97.0%▲
2024 · 95.4%
Current ratio
33.07▲
2024 · 21.57
Quick ratio
33.07▲
2024 · 21.57
Debt / equity
0.03▼
2024 · 0.05
ROE
18.3%▼
2024 · 22.7%
ROA
17.8%▼
2024 · 21.6%
Interest coverage
1421.65▼
2024 · 1717.93
Debt
€37k▼
2024 · €47k
Debt ≤ 1 year
€37k▼
2024 · €47k
Income taxes
€100k▼
2024 · €101k
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€1.03M€1.24M▲
Fixed assets21/28€9k€9k▼
Tangible fixed assets22/27€9k€9k▼
Furniture and vehicles24€731€0▼
Other tangible fixed assets26€9k€9k=
Current assets29/58€1.02M€1.24M▲
Amounts receivable within one year40/41€24k€41k▲
Trade receivables40€24k€41k▲
Other amounts receivable41€18€11▼
Current investments50/53€915k€1.08M▲
Cash at bank and in hand54/58€83k€116k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.24M▲
Equity10/15€986k€1.21M▲
Contributions10/11€10k€10k=
Reserves13€976k€1.20M▲
Distributable reserves133€976k€1.20M▲
Amounts payable17/49€47k€37k▼
Amounts payable within one year42/48€47k€37k▼
Trade debts44€299€565▲
Suppliers440/4€299€565▲
Taxes, remuneration and social security45€46k€36k▼
Taxes450/3€43k€33k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€1k€882▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€731▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€309k€298k▼
Operating profit (loss)9901€304k€296k▼
Financial income75/76B€20k€25k▲
Recurring financial income75€20k€25k▲
Financial charges65/66B€179€208▲
Recurring financial charges65€179€208▲
Profit (loss) for the period before taxes9903€324k€321k▼
Income taxes67/77€101k€100k▼
Profit (loss) for the period9904€223k€221k▼
Profit (loss) for the period to be appropriated9905€223k€221k▼
Appropriation of the result
Profit (loss) to be appropriated9906€223k€221k▼
Transfer to equity691/2€223k€221k▼
To other reserves6921€223k€221k▼
The notes to these accounts (4 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €1MEq €1.21M ▲22.4%
6 profitable years in a row build equity to €1.21M.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €227k ▲3.1%
Operating result €324k, net result €227k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €536k ▲69.6%
3 profitable years in a row build equity to €536k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 8.49
Current ratio from 4.02 to 8.49.
31-12
Financial
Equity above €200kEq €316k ▲193%
2 profitable years in a row build equity to €316k.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Brugge · 1 establishment unit since 2020
Ground area
541 m²
Building footprint
143 m²
Volume, LiDAR
786 m³
Parcel 31425C0222/00R000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
12ten
since 20202.301.916.502
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0222/00R000 | Flanders | 541 m² | 1 · 143 m² | 8.4 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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Of 82,190 companies in sector 70200 we hold annual accounts for 52,387. 25,706 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.