AND
ActiveSummary
AND has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-9k. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 27% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-5
Solvency51▼-2
Growth50▼-4
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.59 in 2024; short-term debt: 45.1% and cash: 0.3% of total assets), and 74.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.6%
Return on assets
-11.9%
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
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
67 d late
2023
30 d late
2022
47 d early
2021
12 d late
2020
20 d late
2019
28 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
Turnover
€96k▼ 5.1%
2024 · €101k
2021: €82k
2023: €132k
2024: €101k
2021 → 2025
EBIT margin
-6.9%▼ 3.5pp
2024 · -3.4%
2021: -0.7%
2023: 9.0%
2024: -3.4%
2021 → 2025
Net result
€-9k▼ 34.7%
2024 · €-7k
2018: €443
2019: €198
2020: €2k
2021: €6k
2022: €2k
2023: €8k
2024: €-7k
2018 → 2025
Working capital
€-5k▲ 66.5%
2024 · €-15k
2018: €-36k
2019: €-13k
2020: €-3k
2021: €-13k
2022: €-4k
2023: €-27k
2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€82k-€132k€101k▼ 23.4%€96k▼ 5.1%
Equity€25k-€27k▲ 7.4%€35k▲ 30.5%€28k▼ 19.0%€19k▼ 31.6%
Operating result€-579-€3k€12k▲ 316%€-3k€-7k▼ 90.7%
Net result€6k-€2k▼ 70.2%€8k▲ 342%€-7k€-9k▼ 34.7%
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 €7k in 2025 against €3k 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 €75k
Fixed assets
€46k ▼ 40.8%
Current assets
€29k ▲ 34.3%
Equity and liabilities €75k
Equity
€19k ▼ 31.6%
Debt
€56k ▼ 21.8%
Debt's share of the balance-sheet total rises from 71.8% to 74.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€26k▼
2024 · €31k
Cash flow
€24k▼
2024 · €28k
Current ratio
0.85▲
2024 · 0.59
Debt to equity
2.90▲
2024 · 2.54
ROE
-46.3%▼
2024 · -23.5%
ROA
-11.9%▼
2024 · -6.6%
Interest coverage
11.45▲
2024 · 11.28
Debt ≤ 1 year
€34k▼
2024 · €36k
Debt > 1 year
€22k▼
2024 · €35k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€100k€75k▼
Fixed assets21/28€78k€46k▼
Tangible fixed assets22/27€78k€46k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€67k€39k▼
Leasing and similar rights25€9k€6k▼
Current assets29/58€21k€29k▲
Amounts receivable within one year40/41€11k€29k▲
Trade receivables40€8k€12k▲
Other amounts receivable41€3k€17k▲
Cash at bank and in hand54/58€11k€243▼
Deferred charges and accrued income490/1€52-
Equity and liabilities
Total equity and liabilities10/49€100k€75k▼
Equity10/15€28k€19k▼
Contributions10/11€19k€19k=
Reserves13€8k€8k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€2k€-7k▼
Amounts payable17/49€72k€56k▼
Amounts payable after more than one year17€35k€22k▼
Financial debts170/4€35k€22k▼
Amounts payable within one year42/48€36k€34k▼
Current portion of amounts payable after more than one year42€11k€13k▲
Trade debts44€2k€20k▲
Suppliers440/4€2k€20k▲
Taxes, remuneration and social security45€4k€976▼
Taxes450/3€4k€976▼
Other amounts payable47/48€20k-
Income statement
Code20242025
Turnover70€101k€96k▼
Goods, raw materials, services and sundry goods60/61€68k€68k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€33k▼
Other operating charges640/8€1k€811▼
Gross operating margin9900€32k€27k▼
Operating profit (loss)9901€-3k€-7k▼
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-6k€-9k▼
Income taxes67/77€390-
Profit (loss) for the period9904€-7k€-9k▼
Profit (loss) for the period to be appropriated9905€-7k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-7k▼
Profit (loss) brought forward from the previous period14P€8k€2k▼
The notes to these accounts (8 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
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 67 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €8k ▲342%
Operating result €12k, net result €8k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
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.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Willebroek · 1 establishment unit since 2014
Ground area
582 m²
Building footprint
170 m²
Volume, LiDAR
783 m³
Parcel 12342C0568/00G000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AND_re
since 20142.237.413.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12342C0568/00G000 | Flanders | 582 m² | 1 · 170 m² | 7.6 m · 2 fl. |
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.
Similar companies · same sector, comparable size
CREATIVE PROJECT
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BE 0671.805.667
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INSTAL GREGO
BE 0885.544.276
Sint-Gillis (bij-Brussel) · Eq €19,766
PGG CONSTRUCT
BE 1006.658.179
Aartselaar · Eq €18,642
Of 1,365 companies in sector 43110 we hold annual accounts for 632. 379 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
Founded20-10-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
43120Site preparation
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.