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ANOTHER

Active
Private limited company (pre-2019)founded 20188 yrs activeGistelse Steenweg 563, 8200 Brugge, BelgiumKBO/BCE: BE 0700.683.953

ANOTHER has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €187k and a net result of €29k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+4
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 3.41 in 2023), and 27.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
54 d late
2023
134 d late
2022
31 d late
2021
46 d late
2020
369 d late
2018
92 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€187k▲ 18.4%
2023 · €158k
2018: €70k 2020: €101k 2021: €107k 2022: €134k 2023: €158k
2018 → 2024
Total assets
€257k▲ 20.5%
2023 · €213k
2018: €118k 2020: €149k 2021: €169k 2022: €198k 2023: €213k
2018 → 2024
Net result
€29k▲ 24.4%
2023 · €23k
2018: €64k 2020: €23k 2021: €6k 2022: €15k 2023: €23k
2018 → 2024
Working capital
€166k▲ 24.1%
2023 · €134k
2018: €65k 2020: €90k 2021: €97k 2022: €113k 2023: €134k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€101k-€107k▲ 5.8%€134k▲ 25.5%€158k▲ 17.3%€187k▲ 18.4%
Operating result€34k-€11k▼ 67.3%€21k▲ 85.4%€39k▲ 85.1%€40k▲ 3.2%
Net result€23k-€6k▼ 74.7%€15k▲ 153%€23k▲ 56.4%€29k▲ 24.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2020: €34k€34kNet result 2020: €23k€23kOperating result 2021: €11k€11kNet result 2021: €6k€6kOperating result 2022: €21k€21kNet result 2022: €15k€15kOperating result 2023: €39k€39kNet result 2023: €23k€23kOperating result 2024: €40k€40kNet result 2024: €29k€29k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 3% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €257k
Fixed assets €23k▼ 6.7%
Current assets €234k▲ 23.9%
Equity and liabilities €257k
Equity €187k▲ 18.4%
Debt €71k▲ 26.4%
The debt ratio rises from 26.1% to 27.4%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€42k
2023 · €40k
Cash flow
€31k
2023 · €25k
Solvency
72.6%
2023 · 73.9%
Current ratio
3.42
2023 · 3.41
Quick ratio
3.42
2023 · 3.41
Debt / equity
0.38
2023 · 0.35
ROE
15.5%
2023 · 14.8%
ROA
11.3%
2023 · 10.9%
Interest coverage
32.23
2023 · 25.42
Debt
€71k
2023 · €56k
Debt ≤ 1 year
€69k
2023 · €56k
Income taxes
€17k
2023 · €19k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€213k€257k
Fixed assets21/28€24k€23k
Tangible fixed assets22/27€24k€23k
Furniture and vehicles24€24k€23k
Current assets29/58€189k€234k
Amounts receivable after more than one year29€146k€108k
Other amounts receivable291€146k€108k
Amounts receivable within one year40/41€38k€103k
Trade receivables40€14k€38k
Other amounts receivable41€24k€66k
Cash at bank and in hand54/58-€14k
Deferred charges and accrued income490/1€5k€9k
Equity and liabilities
Total equity and liabilities10/49€213k€257k
Equity10/15€158k€187k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€137k€166k
Amounts payable17/49€56k€71k
Amounts payable within one year42/48€56k€69k
Current portion of amounts payable after more than one year42€3k€3k=
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€19k€15k
Suppliers440/4€19k€15k
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€26k€51k
Taxes450/3€26k€51k
Accrued charges and deferred income492/3€295€2k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€9k€4k
Gross operating margin9900€49k€46k
Operating profit (loss)9901€39k€40k
Financial income75/76B€5k€7k
Recurring financial income75€5k€7k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€42k€46k
Income taxes67/77€19k€17k
Profit (loss) for the period9904€23k€29k
Profit (loss) for the period to be appropriated9905€23k€29k
Appropriation of the result
Profit (loss) to be appropriated9906€137k€166k
Profit (loss) brought forward from the previous period14P€114k€137k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
12-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 134 days late
2023
31-12
Financial Equity above €150kEq €158k ▲17.3%
5 profitable years in a row build equity to €158k.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
15-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
04-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 369 days late
2021
31-12
Financial Weakest financial yearnet €6k ▼74.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
2020
31-12
Financial Equity above €100kEq €101k ▲43.7%
2 profitable years in a row build equity to €101k.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2018
establishment The establishment unit on the map
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.

Gistelse Steenweg 5638200 Brugge
Ground area
378 m²
Building footprint
81 m²
Volume, LiDAR
518 m³
Parcel 31027D0121/00B008, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ANOTHER
Gistelse Steenweg 563, 8200 BruggeHoldings
since 20182.278.505.353
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31027D0121/00B008 Flanders 378 m² 1 · 81 m² 11.0 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.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 375 EUR awarded · 375 EUR paid
Year Entries awardedpaid
2023 1 0 EUR375 EUR
2022 1 375 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 375 EUR · 375 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,919 companies in sector 71112 we hold annual accounts for 1,296. 976 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded06-08-2018
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.