AMARSE
ActiveAMARSE 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 €6.99M and a net result of €62k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 5491 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
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 30-04-2025 was due by 30-11-2025 and was filed on 24-11-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
5 d early
2023
2 d early
2022
2 d early
2021
32 d early
2020
42 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close13-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€6.99M▼ 3.1%
2024 · €7.21M
2019: €652k
2020: €690k
2021: €4.81M
2022: €6.35M
2023: €6.87M
2024: €7.21M
2019 → 2025
Net result
€62k▼ 82.7%
2024 · €362k
2019: €293k
2020: €189k
2021: €4.17M
2022: €1.57M
2023: €534k
2024: €362k
2019 → 2025
Total assets
€8.06M▼ 4.9%
2024 · €8.48M
2019: €1.18M
2020: €1.23M
2021: €6.29M
2022: €7.83M
2023: €7.97M
2024: €8.48M
2019 → 2025
Solvency
86.8%▲ 1.7pp
2024 · 85.1%
2019: 55.3%
2020: 56.1%
2021: 76.4%
2022: 81.1%
2023: 86.2%
2024: 85.1%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.81M-€6.35M▲ 32.1%€6.87M▲ 8.2%€7.21M▲ 4.9%€6.99M▼ 3.1%
Operating result€4.60M-€-261k€-83k▲ 68.1%€-262k▼ 215%€75k
Net result€4.17M-€1.57M▼ 62.3%€534k▼ 66.0%€362k▼ 32.2%€62k▼ 82.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €75k after a loss of €262k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.06M
Fixed assets
€6.53M▲ 4.2%
Current assets
€1.53M▼ 31.0%
Equity and liabilities €8.06M
Equity
€6.99M▼ 3.1%
Provisions
€31k
Debt
€1.04M▼ 18.1%
The debt ratio falls from 14.9% to 12.9%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
86.8%▲
2024 · 85.1%
ROE
0.9%▼
2024 · 5.0%
ROA
0.8%▼
2024 · 4.3%
Debt
€1.04M▼
2024 · €1.27M
Debt ≤ 1 year
€213k▼
2024 · €251k
Debt > 1 year
€809k▼
2024 · €1.01M
Income taxes
€387▼
2024 · €37k
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€8.48M€8.06M▼
Fixed assets21/28€6.27M€6.53M▲
Tangible fixed assets22/27€3.38M€3.59M▲
Land and buildings22€2.01M€2.11M▲
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€76k€77k▲
Assets under construction and advance payments27€1.29M€1.40M▲
Financial fixed assets28€2.89M€2.94M▲
Current assets29/58€2.21M€1.53M▼
Amounts receivable after more than one year29€696k€595k▼
Other amounts receivable291€696k€595k▼
Stocks and contracts in progress3€23k€11k▼
Stocks30/36€23k€11k▼
Amounts receivable within one year40/41€293k€111k▼
Trade receivables40€20k€7k▼
Other amounts receivable41€272k€104k▼
Current investments50/53€860k€604k▼
Cash at bank and in hand54/58€311k€159k▼
Deferred charges and accrued income490/1€27k€46k▲
Equity and liabilities
Total equity and liabilities10/49€8.48M€8.06M▼
Equity10/15€7.21M€6.99M▼
Contributions10/11€24k€24k=
Reserves13€7.19M€6.97M▼
Tax-exempt reserves132€7k€134k▲
Distributable reserves133€7.18M€6.83M▼
Profit (loss) carried forward14-€0
Provisions and deferred taxes16-€31k
Deferred taxes168-€31k
Amounts payable17/49€1.27M€1.04M▼
Amounts payable after more than one year17€1.01M€809k▼
Financial debts170/4€1.01M€694k▼
Other amounts payable178/9€7k€115k▲
Amounts payable within one year42/48€251k€213k▼
Current portion of amounts payable after more than one year42€95k€78k▼
Trade debts44€84k€124k▲
Suppliers440/4€84k€124k▲
Advances received on contracts in progress46€638€0▼
Taxes, remuneration and social security45€57k€2k▼
Taxes450/3€57k€2k▼
Other amounts payable47/48€15k€8k▼
Accrued charges and deferred income492/3€2k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€114k▲
Other operating charges640/8€9k€6k▼
Non-recurring operating charges66A€190k€0▼
Gross operating margin9900€20k€196k▲
Operating profit (loss)9901€-262k€75k▲
Financial income75/76B€678k€63k▼
Recurring financial income75€48k€63k▲
Non-recurring financial income76B€630k€0▼
Financial charges65/66B€17k€45k▲
Recurring financial charges65€17k€45k▲
Profit (loss) for the period before taxes9903€399k€94k▼
Transfer from deferred taxes780-€1k
Transfer to deferred taxes680-€32k
Income taxes67/77€37k€387▼
Profit (loss) for the period9904€362k€62k▼
Transfer from tax-exempt reserves789-€3k
Transfer to tax-exempt reserves689-€130k
Profit (loss) for the period to be appropriated9905€362k€-64k▼
Appropriation of the result
Profit (loss) to be appropriated9906€362k€-64k▼
Transfer from equity791/2€22k€347k▲
Transfer to equity691/2€362k€0▼
To other reserves6921€362k€0▼
Profit to be distributed694/7€22k€283k▲
Return on contributions (dividend)694€22k€283k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (24 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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-04
Financial
Weakest financial yearnet €62k ▼82.7%
Net result drops to €62k, the lowest in the series.
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-04
Financial
Liquidity triplescurrent ratio 6.17
Current ratio from 2.45 to 6.17; short-term debt falls from €1.13M to €535k.
30-04
Financial
Equity above €5MEq €6.35M ▲32.1%
4 profitable years in a row build equity to €6.35M.
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-04
Financial
Highest result since 2019net €4.17M ▲2100%
Operating result €4.60M, net result €4.17M, both a record.
30-04
Financial
Equity above €2MEq €4.81M ▲597%
3 profitable years in a row build equity to €4.81M.
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
09-11
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
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, Knokke-Heist · 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.
Zoutelaan 788300 Knokke-HeistGround area
522 m²
Building footprint
329 m²
Volume, LiDAR
2,607 m³
2 parcels, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Jorisstraat 24, 8300 Knokke-Heist
since 20112.196.195.113
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0950/00C000 | Flanders | 305 m² | 1 · 221 m² | 15.3 m · 4 fl. |
| 31333H0608/00Y000 | Flanders | 217 m² | 1 · 109 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
984500D3E47C989CEE21
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 7,097 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2011
Fiscal year end30-04
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.