Adriaens Michaël 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 €71k and a net result of €116k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 5521 sector peers (fiscal year 2025). The company has been active since 2014 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
Three signals. 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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
56 d early
2023
26 d early
2022
11 d early
2021
44 d early
2020
32 d early
2019
35 d early
← 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, abbreviated schema
Equity
€71k▼ 62.7%
2024 · €189k
2018: €209k
2019: €257k
2020: €334k
2021: €388k
2022: €512k
2023: €433k
2024: €189k
2018 → 2025
Net result
€116k▼ 16.2%
2024 · €139k
2018: €35k
2019: €47k
2020: €78k
2021: €133k
2022: €125k
2023: €221k
2024: €139k
2018 → 2025
Total assets
€818k▲ 1.6%
2024 · €805k
2018: €757k
2019: €744k
2020: €763k
2021: €816k
2022: €829k
2023: €776k
2024: €805k
2018 → 2025
Solvency
8.6%▼ 14.9pp
2024 · 23.5%
2018: 27.6%
2019: 34.5%
2020: 43.8%
2021: 47.5%
2022: 61.8%
2023: 55.8%
2024: 23.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€388k-€512k▲ 32.0%€433k▼ 15.5%€189k▼ 56.3%€71k▼ 62.7%
Operating result€184k-€173k▼ 5.8%€296k▲ 70.6%€186k▼ 37.1%€157k▼ 15.9%
Net result€133k-€125k▼ 6.3%€221k▲ 76.6%€139k▼ 37.0%€116k▼ 16.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 16% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818k
Fixed assets
€694k▼ 3.0%
Current assets
€124k▲ 37.8%
Equity and liabilities €818k
Equity
€71k▼ 62.7%
Debt
€748k▲ 21.3%
The debt ratio rises from 76.5% to 91.4%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
8.6%▼
2024 · 23.5%
ROE
165.2%▲
2024 · 73.5%
ROA
14.2%▼
2024 · 17.3%
Debt
€748k▲
2024 · €616k
Debt ≤ 1 year
€579k▲
2024 · €427k
Debt > 1 year
€169k▼
2024 · €190k
Income taxes
€38k▼
2024 · €45k
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€805k€818k▲
Fixed assets21/28€715k€694k▼
Tangible fixed assets22/27€195k€174k▼
Furniture and vehicles24€19k€14k▼
Other tangible fixed assets26€176k€160k▼
Financial fixed assets28€520k€520k=
Current assets29/58€90k€124k▲
Amounts receivable within one year40/41€9k€25k▲
Trade receivables40€315€315=
Other amounts receivable41€8k€25k▲
Cash at bank and in hand54/58€80k€97k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€805k€818k▲
Equity10/15€189k€71k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€139k€21k▼
Amounts payable17/49€616k€748k▲
Amounts payable after more than one year17€190k€169k▼
Financial debts170/4€190k€169k▼
Amounts payable within one year42/48€427k€579k▲
Current portion of amounts payable after more than one year42€35k€21k▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€383k€550k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€21k▲
Other operating charges640/8€563€400▼
Gross operating margin9900€205k€178k▼
Operating profit (loss)9901€186k€157k▼
Financial income75/76B€671€631▼
Recurring financial income75€671€631▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€184k€155k▼
Income taxes67/77€45k€38k▼
Profit (loss) for the period9904€139k€116k▼
Profit (loss) for the period to be appropriated9905€139k€116k▼
Appropriation of the result
Profit (loss) to be appropriated9906€517k€256k▼
Profit (loss) brought forward from the previous period14P€378k€139k▼
Transfer from equity791/2€5k-
Profit to be distributed694/7€383k€235k▼
Return on contributions (dividend)694€383k€235k▼
The notes to these accounts (13 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
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €221k ▲76.6%
Operating result €296k, net result €221k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity triplescurrent ratio 2.09
Current ratio from 0.68 to 2.09; short-term debt falls from €134k to €57k.
31-12
Financial
Equity above €500kEq €512k ▲32%
5 profitable years in a row build equity to €512k.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
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
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, Aarschot · 1 establishment unit since 2014
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.
Betekomsesteenweg 703200 AarschotGround area
6,117 m²
Building footprint
607 m²
Volume, LiDAR
5,093 m³
2 parcels, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Adriaens Michaël
since 20142.226.388.936
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24662F0031/00E002 | Flanders | 5,782 m² | 1 · 356 m² | 10.3 m · 2 fl. |
| 24505F0821/00P000 | Flanders | 336 m² | 1 · 251 m² | 15.9 m · 4 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
Protagonista
BE 0704.982.439
Ingelmunster · Eq €71k
Caldri
BE 0550.734.623
Hasselt · Eq €70k
You Rock Bicycle Consulting
BE 1008.761.297
Lubbeek · Eq €70k
ADIA Group
BE 0794.195.616
Lokeren · Eq €70k
Sil Beheer
BE 0761.858.586
Hoogstraten · Eq €71k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 11,413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2014
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.