AN OTHER LOOK TO EFFICIENCY
ActiveAN OTHER LOOK TO EFFICIENCY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €790k and a net result of €-10k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 23% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-1
Solvency44▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.18 against 0.92 in 2024; short-term debt: 1.1% and cash: 2% of total assets), but 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
18.9%
Return on assets
-0.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31584 sector peers (2025).
NBB · sector comparisonPosition among 31584 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
95 d late
2023
20 d late
2022
52 d early
2021
11 d early
2020
22 d early
2019
17 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€790k▲ 0.7%
2024 · €784k
2018: €155k
2019: €171k
2020: €371k
2021: €391k
2022: €376k
2023: €416k
2024: €784k
2018 → 2025
Total assets
€4.17M▲ 16.7%
2024 · €3.57M
2018: €172k
2019: €174k
2020: €541k
2021: €973k
2022: €1.99M
2023: €2.70M
2024: €3.57M
2018 → 2025
Net result
€-10k▼ 50.7%
2024 · €-7k
2018: €30k
2019: €16k
2020: €-69
2021: €20k
2022: €-40k
2023: €40k
2024: €-7k
2018 → 2025
Working capital
€149k
2024 · €-17k
2018: €108k
2019: €95k
2020: €266k
2021: €97k
2022: €123k
2023: €122k
2024: €-17k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€391k-€376k▼ 3.8%€416k▲ 10.5%€784k▲ 88.5%€790k▲ 0.7%
Operating result€42k-€-37k€49k€-12k€-5k▲ 55.3%
Net result€20k-€-40k€40k€-7k€-10k▼ 50.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.17M
Fixed assets
€3.97M▲ 17.7%
Current assets
€195k▼ 0.3%
Equity and liabilities €4.17M
Equity
€790k▲ 0.7%
Debt
€3.38M▲ 21.2%
The debt ratio rises from 78.1% to 81.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€165k▲
2024 · €122k
Cash flow
€160k▲
2024 · €127k
Solvency
18.9%▼
2024 · 21.9%
Current ratio
4.18▲
2024 · 0.92
Quick ratio
4.18▲
2024 · 0.92
Debt / equity
4.28▲
2024 · 3.56
ROE
-1.3%▼
2024 · -0.9%
ROA
-0.2%▼
2024 · -0.2%
Interest coverage
29.47▼
2024 · 328.64
Debt
€3.38M▲
2024 · €2.79M
Debt ≤ 1 year
€47k▼
2024 · €213k
Debt > 1 year
€3.33M▲
2024 · €2.58M
Income taxes
€141▲
2024 · €-6k
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€3.57M€4.17M▲
Fixed assets21/28€3.38M€3.97M▲
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€3.23M€3.63M▲
Land and buildings22€2.74M€2.60M▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€53k€45k▼
Assets under construction and advance payments27€438k€983k▲
Financial fixed assets28€141k€341k▲
Current assets29/58€196k€195k▼
Amounts receivable within one year40/41€94k€103k▲
Trade receivables40€89k€103k▲
Other amounts receivable41€5k-
Cash at bank and in hand54/58€93k€83k▼
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€3.57M€4.17M▲
Equity10/15€784k€790k▲
Contributions10/11€798k€798k=
Profit (loss) carried forward14€-14k€-24k▼
Investment grants15-€16k
Amounts payable17/49€2.79M€3.38M▲
Amounts payable after more than one year17€2.58M€3.33M▲
Other amounts payable178/9€2.58M€3.33M▲
Amounts payable within one year42/48€213k€47k▼
Trade debts44€204k€34k▼
Suppliers440/4€204k€34k▼
Taxes, remuneration and social security45€472€2k▲
Taxes450/3€472€2k▲
Other amounts payable47/48€8k€11k▲
Accrued charges and deferred income492/3-€998
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€134k€171k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€124k€167k▲
Operating profit (loss)9901€-12k€-5k▲
Financial income75/76B€6€857▲
Recurring financial income75€6€857▲
Financial charges65/66B€371€6k▲
Recurring financial charges65€371€6k▲
Profit (loss) for the period before taxes9903€-13k€-10k▲
Income taxes67/77€-6k€141▲
Profit (loss) for the period9904€-7k€-10k▼
Profit (loss) for the period to be appropriated9905€-7k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-24k▼
Profit (loss) brought forward from the previous period14P€-7k€-14k▼
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity times 5current ratio 4.18
Current ratio from 0.92 to 4.18; short-term debt falls from €213k to €47k.
03-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 95 days late
2024
31-12
Financial
Equity above €500kEq €784k ▲88.5%
Equity rises from €416k to €784k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-40k ▼296%
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €371k ▲117%
Equity rises from €171k to €371k.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 31.20
Current ratio from 7.69 to 31.20; short-term debt falls from €16k to €3k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
29-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Auditor appointment
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
12-05
State Gazette act
General meeting · Director resignation
Director reappointment · Director appointment
2009
21-08
State Gazette act
General meeting · Director appointment
Permanent representative
2008
09-09
State Gazette act
General meeting · Share issue
Capital increase · Statutes amendment · Hugo KIJPERS
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Hamois · 2 establishment units since 2007
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.
Rue de la Préale, Achet 55362 HamoisGround area
3,517 m²
Building footprint
358 m²
Parcel 91002C0594/00N000, Wallonia. Linked by address, not a title deed.
2 establishment units
OTHER LOOK
since 20072.165.612.793
Rue de la Préale, Achet 5, 5362 Hamois
since 20212.322.638.472
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91002C0594/00N000 | Wallonia | 3,517 m² | 1 · 358 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.
Structure & network
Similar companies · same sector, comparable size
ADVISIUM
BE 0817.135.423
Lasne · Eq €790k
VABELCO
BE 0878.397.950
Lievegem · Eq €790k
STV CONSULT
BE 0628.861.391
Antoing · Eq €789k
PERYOCA
BE 0555.994.397
Schelle · Eq €789k
D2D3.COM
BE 0869.794.149
Namur · Eq €790k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 30,361 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2007
Fiscal year end31-12
Abbreviation FR
OTHER LOOK
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.