45° NOORD
Open bankruptcyA bankruptcy procedure is open for 45° NOORD according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS. The 2024 annual accounts show equity of €23k and a net result of €648.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
30 d early
2022
45 d early
2021
33 d early
2020
38 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€23k▲ 2.9%
2023 · €22k
2018: €-13k
2019: €-18k
2020: €-5k
2021: €-6k
2022: €17k
2023: €22k
2018 → 2024
Total assets
€71k▲ 129%
2023 · €31k
2018: €28k
2019: €16k
2020: €16k
2021: €13k
2022: €23k
2023: €31k
2018 → 2024
Net result
€648▼ 87.6%
2023 · €5k
2018: €-34k
2019: €-5k
2020: €13k
2021: €-1k
2022: €10k
2023: €5k
2018 → 2024
Working capital
€-765
2023 · €12k
2018: €-4k
2019: €-5k
2020: €5k
2021: €889
2022: €13k
2023: €12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-5k-€-6k▼ 20.8%€17k€22k▲ 31.2%€23k▲ 2.9%
Operating result€14k-€-99€11k€7k▼ 38.1%€3k▼ 55.1%
Net result€13k-€-1k€10k€5k▼ 50.2%€648▼ 87.6%
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; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71k
Fixed assets
€52k▲ 442%
Current assets
€19k▼ 10.2%
Equity and liabilities €71k
Equity
€23k▲ 2.9%
Debt
€48k▲ 433%
The debt ratio rises from 29.2% to 68.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▼
2023 · €8k
Cash flow
€4k▼
2023 · €6k
Solvency
31.9%▼
2023 · 70.8%
Current ratio
0.96▼
2023 · 2.37
Quick ratio
0.96▼
2023 · 1.63
Debt / equity
2.14▲
2023 · 0.41
ROE
2.9%▼
2023 · 23.8%
ROA
0.9%▼
2023 · 16.8%
Interest coverage
9.64▼
2023 · 11.31
Debt
€48k▲
2023 · €9k
Debt ≤ 1 year
€20k▲
2023 · €9k
Debt > 1 year
€28k
Income taxes
€2k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€31k€71k▲
Fixed assets21/28€10k€52k▲
Tangible fixed assets22/27€10k€52k▲
Land and buildings22€10k€16k▲
Leasing and similar rights25-€35k
Current assets29/58€22k€19k▼
Stocks and contracts in progress3€7k-
Contracts in progress37€7k-
Amounts receivable within one year40/41€9k€10k▲
Trade receivables40€9k€8k▼
Other amounts receivable41€218€2k▲
Cash at bank and in hand54/58€5k€10k▲
Deferred charges and accrued income490/1€669-
Equity and liabilities
Total equity and liabilities10/49€31k€71k▲
Equity10/15€22k€23k▲
Contributions10/11€19k€19k=
Reserves13€19k€16k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Tax-exempt reserves132€3k€3k=
Distributable reserves133€14k€13k▼
Profit (loss) carried forward14€-15k€-12k▲
Amounts payable17/49€9k€48k▲
Amounts payable after more than one year17-€28k
Financial debts170/4-€28k
Amounts payable within one year42/48€9k€20k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€1k€926▼
Suppliers440/4€1k€926▼
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3€8k€12k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€808€3k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€9k€10k▲
Operating profit (loss)9901€7k€3k▼
Financial income75/76B€0€67▲
Recurring financial income75€0€67▲
Financial charges65/66B€699€654▼
Recurring financial charges65€699€654▼
Profit (loss) for the period before taxes9903€6k€3k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€5k€648▼
Profit (loss) for the period to be appropriated9905€5k€648▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-15k▲
Profit (loss) brought forward from the previous period14P€-20k€-15k▲
Transfer from equity791/2-€3k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · 45° NOORD BV DRIE- KOOIEN 88, 3920 LOMMEL · event 05-08-2026
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.95
Current ratio from 1.12 to 2.95; short-term debt falls from €7k to €7k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.90
Current ratio from 0.58 to 1.90; short-term debt falls from €11k to €6k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lommel · 1 establishment unit since 2006
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.
Driekooien 883920 LommelGround area
2,877 m²
Building footprint
287 m²
Volume, LiDAR
743 m³
2 parcels, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
45° Noord
since 20062.156.608.621
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72343E0381/00E002 | Flanders | 2,390 m² | 1 · 143 m² | - |
| 72020C1011/02N000 | Flanders | 487 m² | 1 · 144 m² | 6.8 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS KEMPISCHE KAAI 7C/1.01,
3500 HASSELT |
05-08-2026 → present |
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Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 4,146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-09-2006
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.