ADJUST
ActiveADJUST has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195k and a net result of €101k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 24% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+5
Solvency50▼-13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.78 in 2024; short-term debt: 42.2% and cash: 26.7% of total assets), and 75.5% of the assets are financed with debt.
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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.5%
Return on assets
12.7%
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 12690 sector peers (2025).
NBB · sector comparisonPosition among 12690 sector peers
Solvency
better than 24%
← 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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
1 d early
2023
61 d late
2022
29 d late
2021
31 d late
2020
2 d early
2019
31 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€195k▼ 34.1%
2024 · €296k
2018: €123k
2019: €142k
2020: €187k
2021: €235k
2022: €280k
2023: €249k
2024: €296k
2018 → 2025
Total assets
€797k▲ 3.1%
2024 · €773k
2018: €307k
2019: €322k
2020: €363k
2021: €447k
2022: €771k
2023: €870k
2024: €773k
2018 → 2025
Net result
€101k▲ 45.6%
2024 · €69k
2018: €31k
2019: €20k
2020: €63k
2021: €75k
2022: €65k
2023: €115k
2024: €69k
2018 → 2025
Working capital
€47k▼ 66.6%
2024 · €141k
2018: €80k
2019: €116k
2020: €177k
2021: €215k
2022: €242k
2023: €72k
2024: €141k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€235k-€280k▲ 18.7%€249k▼ 11.0%€296k▲ 19.1%€195k▼ 34.1%
Operating result€103k-€97k▼ 6.2%€147k▲ 51.9%€101k▼ 31.5%€149k▲ 48.0%
Net result€75k-€65k▼ 13.5%€115k▲ 78.2%€69k▼ 39.6%€101k▲ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €797k
Fixed assets
€414k▼ 8.2%
Current assets
€384k▲ 18.8%
Equity and liabilities €797k
Equity
€195k▼ 34.1%
Debt
€602k▲ 26.2%
The debt ratio rises from 61.7% to 75.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€196k▲
2024 · €147k
Cash flow
€148k▲
2024 · €116k
Solvency
24.5%▼
2024 · 38.3%
Current ratio
1.14▼
2024 · 1.78
Quick ratio
1.14▼
2024 · 1.78
Debt / equity
3.08▲
2024 · 1.61
ROE
51.7%▲
2024 · 23.4%
ROA
12.7%▲
2024 · 9.0%
Interest coverage
37.22▲
2024 · 26.55
Debt
€602k▲
2024 · €477k
Debt ≤ 1 year
€336k▲
2024 · €182k
Debt > 1 year
€266k▼
2024 · €295k
Income taxes
€45k▲
2024 · €30k
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€773k€797k▲
Fixed assets21/28€451k€414k▼
Intangible fixed assets21-€1k
Tangible fixed assets22/27€451k€412k▼
Land and buildings22€302k€279k▼
Plant, machinery and equipment23€1k€982▼
Furniture and vehicles24€121k€107k▼
Other tangible fixed assets26€26k€25k▼
Current assets29/58€323k€384k▲
Amounts receivable within one year40/41€69k€60k▼
Trade receivables40€59k€55k▼
Other amounts receivable41€10k€5k▼
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€147k€213k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€773k€797k▲
Equity10/15€296k€195k▼
Contributions10/11€19k€19k=
Reserves13€278k€177k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€276k€175k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€477k€602k▲
Amounts payable after more than one year17€295k€266k▼
Financial debts170/4€295k€266k▼
Amounts payable within one year42/48€182k€336k▲
Current portion of amounts payable after more than one year42€29k€30k▲
Trade debts44€3k€269▼
Suppliers440/4€3k€269▼
Taxes, remuneration and social security45€14k€14k▲
Taxes450/3€14k€14k▲
Other amounts payable47/48€136k€292k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€47k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€153k€203k▲
Operating profit (loss)9901€101k€149k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€99k€146k▲
Income taxes67/77€30k€45k▲
Profit (loss) for the period9904€69k€101k▲
Profit (loss) for the period to be appropriated9905€69k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€101k▲
Transfer from equity791/2€22k€202k▲
Transfer to equity691/2€69k€101k▲
To other reserves6921€69k€101k▲
Profit to be distributed694/7€22k€202k▲
Return on contributions (dividend)694€22k€202k▲
The notes to these accounts (12 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €115k ▲78.2%
Net result €115k, the highest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200kEq €235k ▲26.2%
4 profitable years in a row build equity to €235k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €187k ▲31.3%
3 profitable years in a row build equity to €187k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €20k ▼34.3%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2011
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.
Zandstraat(HSD) 2209120 Beveren-Kruibeke-ZwijndrechtGround area
456 m²
Parcel 46009B0232/00H003, Flanders. Linked by address, not a title deed.
1 establishment unit
Zandstraat(HSD) 220, 9120 Beveren-Kruibeke-Zwijndrecht
since 20112.196.496.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009B0232/00H003 | Flanders | 456 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,034 EUR awarded · 1,994 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 910 EUR | 870 EUR |
| 2024 | 1 | 380 EUR | 380 EUR |
| 2023 | 1 | 485 EUR | 485 EUR |
| 2022 | 1 | 259 EUR | 259 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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ANISSA DEVOS ADVOCAAT
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Of 22,051 companies in sector 69101 we hold annual accounts for 9,053. 7,296 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2011
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.