23.20
ActiveSummary
23.20 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-786) and a net result of €-2k. Equity is shrinking by ~94.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-78
Solvency0▼-65
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.7%
Low
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 check 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← 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
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-786
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 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
29 d early
2024
37 d early
2023
19 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-786
2024 · €1k
2023: €889
2024: €1k▲ +21.5% vs 2023highest in 3 years
2025: €-786▼ -173% vs 2024lowest in 3 years
2023 → 2025
Total assets
€3k▲ 8.6%
2024 · €3k
2023: €4khighest in 3 years
2024: €3k▼ -34.6% vs 2023lowest in 3 years
2025: €3k▲ +8.6% vs 2024
2023 → 2025
Net result
€-2k
2024 · €191
2023: €-2klowest in 3 years
2024: €191▲ +109% vs 2023highest in 3 years
2025: €-2k▼ -1078% vs 2024
2023 → 2025
Working capital
€-2k
2024 · €539
2023: €246
2024: €539▲ +119% vs 2023highest in 3 years
2025: €-2k▼ -519% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€889-€1k▲ 21.5%€-786
2023: €889
2024: €1k▲ +21.5% vs 2023highest in 3 years
2025: €-786▼ -173% vs 2024lowest in 3 years
Operating result€-2k-€240€-894
2023: €-2klowest in 3 years
2024: €240▲ +112% vs 2023highest in 3 years
2025: €-894▼ -472% vs 2024
Net result€-2k-€191€-2k
2023: €-2klowest in 3 years
2024: €191▲ +109% vs 2023highest in 3 years
2025: €-2k▼ -1078% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €894 after €240 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€2k ▲ 111%
Current assets
€1k ▼ 37.5%
Key figures and ratios
EBITDA
€-413▼
2024 · €971
Cash flow
€-1k▼
2024 · €921
Interest coverage
-2.61▼
2024 · 10.22
Debt
€4k▲
2024 · €2k
Debt ≤ 1 year
€3k▲
2024 · €1k
Income taxes
€814▲
2024 · €63
Staff costs
€2k▼
2024 · €2k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3k€3k▲
Fixed assets21/28€834€2k▲
Tangible fixed assets22/27€714€2k▲
Furniture and vehicles24€714€297▼
Other tangible fixed assets26-€1k
Financial fixed assets28€120€120=
Current assets29/58€2k€1k▼
Amounts receivable within one year40/41€436€986▲
Trade receivables40€436€481▲
Other amounts receivable41-€505
Cash at bank and in hand54/58€1k€176▼
Deferred charges and accrued income490/1€137-
Equity and liabilities
Total equity and liabilities10/49€3k€3k▲
Equity10/15€1k€-786▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-2k€-4k▼
Amounts payable17/49€2k€4k▲
Amounts payable within one year42/48€1k€3k▲
Trade debts44€123-
Suppliers440/4€123-
Taxes, remuneration and social security45€722€3k▲
Taxes450/3€722€3k▲
Other amounts payable47/48€475-
Accrued charges and deferred income492/3€293€293=
Income statement
Code20242025
Remuneration, social security and pensions62€2k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€731€481▼
Other operating charges640/8€537€400▼
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€240€-894▼
Financial income75/76B€108-
Recurring financial income75€108-
Financial charges65/66B€95€158▲
Recurring financial charges65€95€158▲
Profit (loss) for the period before taxes9903€254€-1k▼
Income taxes67/77€63€814▲
Profit (loss) for the period9904€191€-2k▼
Profit (loss) for the period to be appropriated9905€191€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Profit (loss) brought forward from the previous period14P€-2k€-2k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1k | €2k | €2k | ▼ 23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €400 | €731 | €481 | ▼ 34.2% |
| Other operating charges640/8 | €384 | €537 | €400 | ▼ 25.6% |
| Gross operating margin9900 | €-201 | €4k | €2k | ▼ 53.1% |
| Operating profit (loss)9901 | €-2k | €240 | €-894 | ▼ 472% |
| Financial income75/76B | €32 | €108 | - | - |
| Recurring financial income75 | €32 | €108 | - | - |
| Financial charges65/66B | €103 | €95 | €158 | ▲ 66.8% |
| Recurring financial charges65 | €103 | €95 | €158 | ▲ 66.8% |
| Profit (loss) for the period before taxes9903 | €-2k | €254 | €-1k | ▼ 515% |
| Income taxes67/77 | - | €63 | €814 | ▲ 1,196% |
| Profit (loss) for the period9904 | €-2k | €191 | €-2k | ▼ 1,078% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €191 | €-2k | ▼ 1,078% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €4k | €3k | €3k | ▲ 8.6% |
| Fixed assets21/28 | €937 | €834 | €2k | ▲ 111% |
| Tangible fixed assets22/27 | €817 | €714 | €2k | ▲ 130% |
| Furniture and vehicles24 | €817 | €714 | €297 | ▼ 58.5% |
| Other tangible fixed assets26 | - | - | €1k | - |
| Financial fixed assets28 | €120 | €120 | €120 | = |
| Current assets29/58 | €3k | €2k | €1k | ▼ 37.5% |
| Amounts receivable within one year40/41 | €0 | €436 | €986 | ▲ 126% |
| Trade receivables40 | €0 | €436 | €481 | ▲ 10.2% |
| Other amounts receivable41 | €0 | - | €505 | - |
| Cash at bank and in hand54/58 | €3k | €1k | €176 | ▼ 86.3% |
| Deferred charges and accrued income490/1 | €137 | €137 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €4k | €3k | €3k | ▲ 8.6% |
| Equity10/15 | €889 | €1k | €-786 | ▼ 173% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-2k | €-2k | €-4k | ▼ 97.2% |
| Amounts payable17/49 | €3k | €2k | €4k | ▲ 130% |
| Amounts payable within one year42/48 | €3k | €1k | €3k | ▲ 159% |
| Trade debts44 | €804 | €123 | - | - |
| Suppliers440/4 | €804 | €123 | - | - |
| Taxes, remuneration and social security45 | €2k | €722 | €3k | ▲ 374% |
| Taxes450/3 | €2k | €722 | €3k | ▲ 374% |
| Remuneration and social security454/9 | €221 | - | - | - |
| Other amounts payable47/48 | - | €475 | - | - |
| Accrued charges and deferred income492/3 | €293 | €293 | €293 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €191 | €-2k | ▼ 1,078% |
| + Depreciation and write-downs630 | €400 | €731 | €481 | ▼ 34.2% |
| Operating cash flow (approximation) | €-2k | €921 | €-1k | ▼ 250% |
| Investment in fixed assets (approximation) | - | €-628 | €-1k | ▼ 125% |
| Change in cash | - | €-2k | €-1k | ▲ 36.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €191
Net result €191 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Le Roeulx · 1 establishment unit since 2023
Ground area
1,492 m²
Building footprint
189 m²
Volume, LiDAR
946 m³
Parcel 55035A0127/00L000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Soignies(R) 241, 7070 Le Roeulx
since 20232.342.349.268
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55035A0127/00L000 | Wallonia | 1,492 m² | 1 · 189 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 1,038 companies in sector 85531 we hold annual accounts for 347. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
85531Driving schools for cars and motorcycles
Scores and ratios are computed by Checked and are not a credit decision.