2ND STAGE
Active2ND STAGE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-84k) and a net result of €8k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 10% of 3451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency67=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.89 against 3.03 in 2024), but 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
-35.6%
Return on assets
3.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3451 sector peers (2025).
NBB · sector comparisonPosition among 3451 sector peers
Solvency
better than 10%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
8 d early
2022
29 d late
2021
45 d early
2020
43 d early
2019
91 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-84k▲ 8.5%
2024 · €-91k
2018: €-120k
2019: €-106k
2020: €-108k
2021: €-131k
2022: €-110k
2023: €-101k
2024: €-91k
2018 → 2025
Total assets
€235k▼ 2.0%
2024 · €240k
2018: €181k
2019: €190k
2020: €168k
2021: €166k
2022: €193k
2023: €273k
2024: €240k
2018 → 2025
Net result
€8k▼ 17.8%
2024 · €9k
2018: €6k
2019: €14k
2020: €-1k
2021: €-13k
2022: €21k
2023: €9k
2024: €9k
2018 → 2025
Working capital
€27k▲ 44.6%
2024 · €19k
2018: €22k
2019: €22k
2020: €4k
2021: €9k
2022: €28k
2023: €17k
2024: €19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-131k-€-110k▲ 16.2%€-101k▲ 8.1%€-91k▲ 9.3%€-84k▲ 8.5%
Operating result€-12k-€22k€10k▼ 51.9%€11k▲ 6.7%€9k▼ 17.3%
Net result€-13k-€21k€9k▼ 58.1%€9k▲ 6.0%€8k▼ 17.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€201k▼ 5.1%
Current assets
€34k▲ 21.7%
Key figures and ratios
EBITDA
€27k▼
2024 · €28k
Cash flow
€26k▼
2024 · €26k
Solvency
-35.6%▲
2024 · -38.1%
Current ratio
4.89▲
2024 · 3.03
Quick ratio
4.89▲
2024 · 3.03
Debt / equity
-3.81▼
2024 · -3.62
ROE
-9.2%▲
2024 · -10.3%
ROA
3.3%▼
2024 · 3.9%
Interest coverage
20.05▲
2024 · 17.54
Debt
€319k▼
2024 · €331k
Debt ≤ 1 year
€7k▼
2024 · €9k
Debt > 1 year
€312k▼
2024 · €322k
Income taxes
€195▲
2024 · €177
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€240k€235k▼
Fixed assets21/28€212k€201k▼
Tangible fixed assets22/27€212k€201k▼
Land and buildings22€176k€172k▼
Plant, machinery and equipment23€24k€23k▼
Furniture and vehicles24€12k€6k▼
Current assets29/58€28k€34k▲
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40€1k€3k▲
Other amounts receivable41€1k€1k▲
Cash at bank and in hand54/58€23k€27k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€240k€235k▼
Equity10/15€-91k€-84k▲
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-159k€-151k▲
Amounts payable17/49€331k€319k▼
Amounts payable after more than one year17€322k€312k▼
Financial debts170/4€322k€312k▼
Amounts payable within one year42/48€9k€7k▼
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€357€414▲
Taxes450/3€357€414▲
Other amounts payable47/48-€78
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-2k-
Other operating charges640/8€5k€4k▼
Gross operating margin9900€31k€31k▲
Operating profit (loss)9901€11k€9k▼
Financial income75/76B-€39
Recurring financial income75-€39
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€10k€8k▼
Income taxes67/77€177€195▲
Profit (loss) for the period9904€9k€8k▼
Profit (loss) for the period to be appropriated9905€9k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-159k€-151k▲
Profit (loss) brought forward from the previous period14P€-168k€-159k▲
The notes to these accounts (7 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 3.03
Current ratio from 1.44 to 3.03; short-term debt falls from €39k to €9k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 14.52
Current ratio from 4.87 to 14.52; short-term debt falls from €2k to €2k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 4.87
Current ratio from 2.23 to 4.87; short-term debt falls from €3k to €2k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Lommel · 1 establishment unit since 1995
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.
Hees 1533920 LommelGround area
1,089 m²
Building footprint
141 m²
Volume, LiDAR
768 m³
Parcel 72020C1382/00K002, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hees 153, 3920 Lommel
since 19952.072.494.872
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1382/00K002 | Flanders | 1,089 m² | 1 · 141 m² | 7.4 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.
Similar companies · same sector and region
GEAR2WIN
BE 0837.366.554
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TS30 Group
BE 0779.622.058
Lommel
All Nights
BE 0801.365.597
Hechtel-Eksel
ARTO
BE 0665.626.965
Sint-Truiden
ASD
BE 0733.565.072
Lummen
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 883 companies in sector 74991 we hold annual accounts for 313.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-05-1995
Fiscal year end31-12
Activities, NACEBEL
74878
74901Other professional, scientific and technical activities
74991Agents and managers of artists, athletes and other public figures
22140
59203Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.