203
ActiveThe computed 12-month bankruptcy probability of 203 is 2.2% (moderate). The 2025 annual accounts show negative equity (€-70k) and a net result of €-5k. Equity is shrinking by ~26% per year across the filed fiscal years. Its solvency ranks better than 5% of 296 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth59▲+17
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, 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 · 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 2025Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 €-70k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 d late
2024
4 d late
2023
26 d early
2022
13 d early
2021
12 d early
2020
2 d late
2019
52 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€60k▲ 10.4%
2022 · €54k
2021: €51k
2022: €54k
2021 → 2023
EBIT margin
-5.0%▲ 11.9pp
2022 · -16.9%
2021: -21.2%
2022: -16.9%
2021 → 2023
Net result
€-5k▲ 66.5%
2024 · €-16k
2018: €-14k
2019: €-16k
2020: €-10k
2021: €-11k
2022: €-10k
2023: €-4k
2024: €-16k
2018 → 2025
Working capital
€-70k▼ 7.2%
2024 · €-65k
2018: €-25k
2019: €-22k
2020: €-29k
2021: €-39k
2022: €-47k
2023: €-50k
2024: €-65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€51k-€54k▲ 6.8%€60k▲ 10.4%
Equity€-35k-€-45k▼ 27.8%€-48k▼ 8.5%€-65k▼ 34.0%€-70k▼ 8.5%
Operating result€-11k-€-9k▲ 14.7%€-3k▲ 67.1%€-16k▼ 422%€-4k▲ 72.9%
Net result€-11k-€-10k▲ 14.4%€-4k▲ 60.9%€-16k▼ 334%€-5k▲ 66.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €16k in 2024; the loss shrinks.
Key figures and ratios
EBITDA
€-4k▲
2024 · €-15k
Cash flow
€-5k▲
2024 · €-15k
Interest coverage
-2.88▲
2024 · -22.48
Debt
€72k▲
2024 · €66k
Debt ≤ 1 year
€72k▲
2024 · €66k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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€2k€2k▼
Fixed assets21/28€770-
Tangible fixed assets22/27€770-
Other tangible fixed assets26€770-
Current assets29/58€917€2k▲
Amounts receivable within one year40/41-€223
Trade receivables40-€223
Cash at bank and in hand54/58€185€516▲
Deferred charges and accrued income490/1€732€763▲
Equity and liabilities
Total equity and liabilities10/49€2k€2k▼
Equity10/15€-65k€-70k▼
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Profit (loss) carried forward14€-85k€-90k▼
Amounts payable17/49€66k€72k▲
Amounts payable within one year42/48€66k€72k▲
Trade debts44€14k€15k▲
Suppliers440/4€14k€15k▲
Advances received on contracts in progress46€855-
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€47k€54k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€770▼
Other operating charges640/8-€43
Non-recurring operating charges66A€2k-
Gross operating margin9900€-13k€-3k▲
Operating profit (loss)9901€-16k€-4k▲
Financial charges65/66B€653€1k▲
Recurring financial charges65€653€1k▲
Profit (loss) for the period before taxes9903€-16k€-5k▲
Profit (loss) for the period9904€-16k€-5k▲
Profit (loss) for the period to be appropriated9905€-16k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-85k€-90k▼
Profit (loss) brought forward from the previous period14P€-68k€-85k▼
The notes to these accounts (3 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 17 days late
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 2 days late
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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
2 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, Etterbeek · 1 establishment unit since 2010
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.
Steenweg op Waver 9501040 EtterbeekGround area
2,147 m²
Building footprint
121 m²
Volume, LiDAR
1,414 m³
2 parcels, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Vlaamsesteenweg 51, 1000 Brussel
since 20102.184.931.235
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0348/00X000 | Brussels | 1,710 m² | - | - |
| 21812N0276/00C000 | Brussels | 437 m² | 1 · 121 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,001 companies in sector 96102 we hold annual accounts for 460. 185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2010
Fiscal year end31-12
Activities, NACEBEL
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.