ANTONELLO
ActiveANTONELLO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €699k and a net result of €-860k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 9088 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
12
/ 100
Critical▼ -37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-23
Solvency41▼-2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2024), and 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
20 d early
2022
17 d early
2021
20 d early
2020
40 d early
2019
24 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€699k▼ 20.7%
2024 · €882k
2018: €395k
2019: €463k
2020: €533k
2021: €540k
2022: €546k
2023: €841k
2024: €882k
2018 → 2025
Total assets
€2.13M▼ 16.8%
2024 · €2.56M
2018: €1.39M
2019: €1.39M
2020: €1.42M
2021: €2.83M
2022: €2.99M
2023: €2.58M
2024: €2.56M
2018 → 2025
Net result
€-860k
2024 · €40k
2018: €31k
2019: €68k
2020: €69k
2021: €7k
2022: €6k
2023: €295k
2024: €40k
2018 → 2025
Working capital
€-591k▲ 18.0%
2024 · €-721k
2018: €-301k
2019: €-364k
2020: €-354k
2021: €-1.03M
2022: €-1.10M
2023: €-668k
2024: €-721k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€540k-€546k▲ 1.1%€841k▲ 54.0%€882k▲ 4.8%€699k▼ 20.7%
Operating result€31k-€28k▼ 10.7%€312k▲ 1,032%€55k▼ 82.4%€-524k
Net result€7k-€6k▼ 20.8%€295k▲ 4,873%€40k▼ 86.3%€-860k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €524k after €55k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.13M
Fixed assets
€2.12M▼ 16.5%
Current assets
€10k▼ 53.1%
Equity and liabilities €2.13M
Equity
€699k▼ 20.7%
Debt
€1.43M▼ 14.7%
The debt ratio rises from 65.5% to 67.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-468k▼
2024 · €111k
Cash flow
€-804k▼
2024 · €97k
Solvency
32.9%▼
2024 · 34.5%
Current ratio
0.02▼
2024 · 0.03
Quick ratio
0.02▼
2024 · 0.03
Debt / equity
2.04▲
2024 · 1.90
ROE
-123.0%▼
2024 · 4.6%
ROA
-40.4%▼
2024 · 1.6%
Interest coverage
-1.39▼
2024 · 6.26
Debt
€1.43M▼
2024 · €1.68M
Debt ≤ 1 year
€600k▼
2024 · €741k
Debt > 1 year
€827k▼
2024 · €934k
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€2.56M€2.13M▼
Fixed assets21/28€2.54M€2.12M▼
Tangible fixed assets22/27€1.47M€2.09M▲
Land and buildings22€1.47M€2.09M▲
Furniture and vehicles24€97€0▼
Financial fixed assets28€1.07M€32k▼
Current assets29/58€21k€10k▼
Amounts receivable within one year40/41€14k€349▼
Trade receivables40€13k€349▼
Other amounts receivable41€778€0▼
Cash at bank and in hand54/58€3k€9k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.56M€2.13M▼
Equity10/15€882k€699k▼
Contributions10/11€720k€720k=
Revaluation surpluses12-€678k
Reserves13€162k€162k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€162k€162k=
Profit (loss) carried forward14-€-860k
Amounts payable17/49€1.68M€1.43M▼
Amounts payable after more than one year17€934k€827k▼
Financial debts170/4€934k€827k▼
Amounts payable within one year42/48€741k€600k▼
Current portion of amounts payable after more than one year42€121k€107k▼
Financial debts43€100k€0▼
Credit institutions430/8€100k€0▼
Trade debts44€0€2k▲
Suppliers440/4€0€2k▲
Taxes, remuneration and social security45€17k€5k▼
Taxes450/3€11k€5k▼
Remuneration and social security454/9€6k€0▼
Other amounts payable47/48€503k€486k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€56k▼
Other operating charges640/8€7k€7k▲
Non-recurring operating charges66A-€525k
Gross operating margin9900€119k€65k▼
Operating profit (loss)9901€55k€-524k▼
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€18k€336k▲
Recurring financial charges65€18k€336k▲
Profit (loss) for the period before taxes9903€40k€-860k▼
Profit (loss) for the period9904€40k€-860k▼
Profit (loss) for the period to be appropriated9905€40k€-860k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€-860k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€40k€0▼
To other reserves6921€40k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (21 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-860k ▼2232%
Net result drops to €-860k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €295k ▲4873%
Operating result €312k, net result €295k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €533k ▲15%
3 profitable years in a row build equity to €533k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
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.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
26-06-2024
CHRISTIAENS Anthony Alexander Richard: Resigned as Director
13-10-2017
Geertrui De Spiegeleire: Resigned as Manager
28-10-2014
Antoine De Spiegeleire: Resigned as Manager
09-05-2008
Emely Christiaens: Resigned as Manager
Location & real-estate footprint
Registered office, Wortegem-Petegem · 1 establishment unit since 2003
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.
Pontstraat (W.) 199790 Wortegem-PetegemGround area
8,038 m²
Building footprint
228 m²
Volume, LiDAR
331 m³
Parcel 45055D0310/00C000, Flanders · tallest building 5.1 m. Linked by address, not a title deed.
1 establishment unit
Antonello
since 20032.135.539.627
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45055D0310/00C000 | Flanders | 8,038 m² | 1 · 228 m² | 5.1 m |
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
2023 · 1 entry · 900 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 900 EUR | 900 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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LAPIS
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Of 9,635 companies in sector 68121 we hold annual accounts for 7,327. 4,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2003
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.