Summary
AALST PADEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €260k and a net result of €-61k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 8023 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
120 d late
2023
26 d late
2022
29 d late
2021
22 d late
2020
88 d late
2019
61 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€260k▼ 19.1%
2024 · €321k
2019: €38k
2020: €144k
2021: €257k
2022: €344k
2023: €331k
2024: €321k
2019 → 2025
Net result
€-61k▼ 521%
2024 · €-10k
2019: €-62k
2020: €-855
2021: €112k
2022: €88k
2023: €15k
2024: €-10k
2019 → 2025
Total assets
€441k▼ 1.5%
2024 · €448k
2019: €52k
2020: €699k
2021: €669k
2022: €716k
2023: €745k
2024: €448k
2019 → 2025
Solvency
58.9%▼ 12.8pp
2024 · 71.7%
2019: 74.0%
2020: 20.6%
2021: 38.3%
2022: 48.1%
2023: 44.5%
2024: 71.7%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€460k-€0▼ 100%
Equity€257k-€344k▲ 34.2%€331k▼ 3.8%€321k▼ 3.0%€260k▼ 19.1%
Operating result€135k-€96k▼ 28.9%€26k▼ 72.4%€-7k€-59k▼ 736%
Net result€112k-€88k▼ 22.0%€15k▼ 82.4%€-10k€-61k▼ 521%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €59k in 2025 against €7k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €441k
Fixed assets
€282k ▼ 15.4%
Current assets
€159k ▲ 38.8%
Equity and liabilities €441k
Equity
€260k ▼ 19.1%
Debt
€181k ▲ 43.0%
Debt's share of the balance-sheet total rises from 28.3% to 41.1%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-23.6%▼
2024 · -3.1%
ROA
-13.9%▼
2024 · -2.2%
Debt ≤ 1 year
€103k▲
2024 · €28k
Debt > 1 year
€78k▼
2024 · €99k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€448k€441k▼
Fixed assets21/28€334k€282k▼
Tangible fixed assets22/27€334k€282k▼
Land and buildings22€279k€242k▼
Plant, machinery and equipment23€50k€37k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€114k€159k▲
Stocks and contracts in progress3€11k€8k▼
Stocks30/36€11k€8k▼
Amounts receivable within one year40/41€81k€136k▲
Trade receivables40€17k€88k▲
Other amounts receivable41€65k€48k▼
Cash at bank and in hand54/58€22k€14k▼
Deferred charges and accrued income490/1-€492
Equity and liabilities
Total equity and liabilities10/49€448k€441k▼
Equity10/15€321k€260k▼
Contributions10/11€145k€145k=
Reserves13€186k€186k=
Non-distributable reserves130/1-€186k
Reserves not available under the articles1311-€186k
Distributable reserves133€186k-
Profit (loss) carried forward14€-10k€-71k▼
Amounts payable17/49€127k€181k▲
Amounts payable after more than one year17€99k€78k▼
Financial debts170/4€99k€78k▼
Amounts payable within one year42/48€28k€103k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€10k€77k▲
Suppliers440/4€10k€77k▲
Taxes, remuneration and social security45-€5k
Taxes450/3-€5k
Other amounts payable47/48-€3k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Other operating charges640/8€1k€20k▲
Gross operating margin9900€46k€12k▼
Operating profit (loss)9901€-7k€-59k▼
Financial income75/76B€106€4▼
Recurring financial income75€106€4▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-10k€-61k▼
Profit (loss) for the period9904€-10k€-61k▼
Profit (loss) for the period to be appropriated9905€-10k€-61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-71k▼
Profit (loss) brought forward from the previous period14P-€-10k
The notes to these accounts (5 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 8.12
Current ratio from 3.72 to 8.12; short-term debt falls from €62k to €38k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
31-12
Financial
Back to profitnet €112k
Net result €112k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.72
Current ratio from 1.46 to 3.72; short-term debt falls from €189k to €62k.
31-12
Financial
Equity above €200kEq €257k ▲78%
Equity rises from €144k to €257k.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
31-12
Financial
Equity above €100kEq €144k ▲277%
Equity rises from €38k to €144k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Affligem · 1 establishment unit since 2019
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.
Buikouterbaan 71790 AffligemGround area
5,228 m²
Building footprint
320 m²
Volume, LiDAR
531 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AALST PADEL
since 20192.286.681.661
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41304G0174/00A002 | Flanders | 4,156 m² | 1 · 226 m² | - |
| 23030D0297/00S000 | Flanders | 1,072 m² | 1 · 95 m² | 8.3 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.
Similar companies · same sector, comparable size
RS Management
BE 0823.353.420
Poperinge · Eq €260,069
SHARPIN
BE 0803.617.383
Wevelgem · Eq €260,106
D-INVEST
BE 1003.621.683
Bree · Eq €260,128
ELVETHICO
BE 0871.567.467
Merelbeke-Melle · Eq €259,951
Wine On Wheels
BE 1002.203.010
Retie · Eq €259,948
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,668 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68202Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.