137L
Active137L has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-193k) and a net result of €-59k. Equity is shrinking by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 11% of 9113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▲+11
Solvency18▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.19 against 3.27 in 2024; short-term debt: 10.3% and cash: 21.5% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 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 2025Solvency, return and age of the figures
Solvency
-6.7%
Return on assets
-2.1%
Age of the figures
9 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-193k
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 22-07-2026, 9 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
9 d early
2024
26 d late
2023
29 d late
2022
70 d late
2021
38 d late
2020
25 d late
2019
49 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-59k▲ 60.9%
2024 · €-151k
2018: €-71k
2019: €-5k
2020: €-3k
2021: €-2k
2022: €-467
2023: €-2k
2024: €-151k
2018 → 2025
Working capital
€351k▼ 29.2%
2024 · €496k
2018: €36k
2019: €16k
2020: €40k
2021: €74k
2022: €-141k
2023: €41k
2024: €496k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€19k▼ 2.4%€17k▼ 11.5%€-134k€-193k▼ 44.1%
Operating result€14k-€16k▲ 11.3%€17k▲ 8.0%€-86k€43k
Net result€-2k-€-467▲ 77.2%€-2k▼ 378%€-151k▼ 6,656%€-59k▲ 60.9%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €43k after a loss of €86k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.87M
Fixed assets
€2.22M▼ 0.7%
Current assets
€646k▼ 9.7%
Key figures and ratios
EBITDA
€95k▲
2024 · €3k
Cash flow
€-6k▲
2024 · €-61k
Solvency
-6.7%▼
2024 · -4.5%
Current ratio
2.19▼
2024 · 3.27
Quick ratio
2.19▼
2024 · 3.27
Debt / equity
-15.89▲
2024 · -23.09
ROA
-2.1%▲
2024 · -5.1%
Interest coverage
0.92▲
2024 · 0.04
Debt
€3.06M▼
2024 · €3.09M
Debt ≤ 1 year
€294k▲
2024 · €219k
Debt > 1 year
€2.75M▼
2024 · €2.85M
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€2.95M€2.87M▼
Fixed assets21/28€2.24M€2.22M▼
Tangible fixed assets22/27€2.24M€2.22M▼
Land and buildings22€2.22M€2.17M▼
Assets under construction and advance payments27€15k€52k▲
Current assets29/58€715k€646k▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Amounts receivable within one year40/41€84k€28k▼
Trade receivables40€59k€11k▼
Other amounts receivable41€25k€17k▼
Cash at bank and in hand54/58€630k€616k▼
Deferred charges and accrued income490/1€519€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.95M€2.87M▼
Equity10/15€-134k€-193k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€-234k€-293k▼
Amounts payable17/49€3.09M€3.06M▼
Amounts payable after more than one year17€2.85M€2.75M▼
Financial debts170/4€2.85M€2.75M▼
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€219k€294k▲
Current portion of amounts payable after more than one year42€100k€100k=
Trade debts44€31k€35k▲
Suppliers440/4€31k€35k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€88k€159k▲
Accrued charges and deferred income492/3€15k€14k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€53k▼
Other operating charges640/8€15k€9k▼
Non-recurring operating charges66A€7k€0▼
Gross operating margin9900€25k€104k▲
Operating profit (loss)9901€-86k€43k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€64k€104k▲
Recurring financial charges65€64k€104k▲
Profit (loss) for the period before taxes9903€-151k€-59k▲
Profit (loss) for the period9904€-151k€-59k▲
Profit (loss) for the period to be appropriated9905€-151k€-59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-234k€-293k▼
Profit (loss) brought forward from the previous period14P€-83k€-234k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-151k
Net result drops to €-151k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.27
Current ratio from 1.51 to 3.27.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 1.51
Current ratio from 0.56 to 1.51; short-term debt falls from €318k to €81k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
07-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 38 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Vorst · 1 establishment unit since 2018
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.
Molièrelaan 641190 VorstGround area
222 m²
Building footprint
177 m²
Volume, LiDAR
2,164 m³
Parcel 21383B0075/00X002, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
137L
since 20182.279.166.636
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0075/00X002 | Brussels | 222 m² | 1 · 177 m² | 18.3 m · 5 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 12,016 companies in sector 68203 we hold annual accounts for 5,983. 1,945 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2018
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.