ARTIKEL 1
ActiveARTIKEL 1 has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €62k. Equity is growing by ~60.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+8
Solvency75▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 2.27 in 2024; short-term debt: 37.5% and cash: 4.1% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
50.4%
Return on assets
24.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
54 d early
2024
40 d early
2023
54 d early
2022
35 d early
2021
35 d early
2020
32 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€128k▲ 87.4%
2024 · €68k
2019: €-34k
2020: €-14k
2021: €8k
2022: €27k
2023: €42k
2024: €68k
2019 → 2025
Total assets
€255k▲ 75.0%
2024 · €146k
2019: €72k
2020: €77k
2021: €125k
2022: €217k
2023: €163k
2024: €146k
2019 → 2025
Net result
€62k▲ 136%
2024 · €26k
2019: €9k
2020: €20k
2021: €22k
2022: €20k
2023: €15k
2024: €26k
2019 → 2025
Working capital
€91k▲ 45.5%
2024 · €62k
2019: €18k
2020: €31k
2021: €42k
2022: €54k
2023: €45k
2024: €62k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€27k▲ 258%€42k▲ 54.6%€68k▲ 61.4%€128k▲ 87.4%
Operating result€25k-€32k▲ 27.0%€33k▲ 5.3%€39k▲ 15.1%€98k▲ 153%
Net result€22k-€20k▼ 8.9%€15k▼ 24.3%€26k▲ 73.9%€62k▲ 136%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 153% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255k
Fixed assets
€68k▲ 101%
Current assets
€186k▲ 67.1%
Equity and liabilities €255k
Equity
€128k▲ 87.4%
Debt
€127k▲ 64.0%
The debt ratio falls from 53.0% to 49.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€110k▲
2024 · €50k
Cash flow
€74k▲
2024 · €38k
Solvency
50.4%▲
2024 · 47.0%
Current ratio
1.95▼
2024 · 2.27
Quick ratio
1.60▼
2024 · 1.94
Debt / equity
0.99▼
2024 · 1.13
ROE
47.9%▲
2024 · 38.0%
ROA
24.1%▲
2024 · 17.9%
Interest coverage
20.54▲
2024 · 12.67
Debt
€127k▲
2024 · €77k
Debt ≤ 1 year
€96k▲
2024 · €49k
Debt > 1 year
€31k▲
2024 · €28k
Income taxes
€31k▲
2024 · €10k
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€146k€255k▲
Fixed assets21/28€34k€68k▲
Tangible fixed assets22/27€34k€68k▲
Furniture and vehicles24€34k€68k▲
Current assets29/58€112k€186k▲
Stocks and contracts in progress3€16k€34k▲
Stocks30/36€16k€34k▲
Amounts receivable within one year40/41€49k€111k▲
Trade receivables40€48k€104k▲
Other amounts receivable41€1k€7k▲
Current investments50/53€31k€31k=
Cash at bank and in hand54/58€15k€10k▼
Deferred charges and accrued income490/1€350€596▲
Equity and liabilities
Total equity and liabilities10/49€146k€255k▲
Equity10/15€68k€128k▲
Contributions10/11€70k€70k=
Reserves13-€58k
Distributable reserves133-€58k
Profit (loss) carried forward14€-2k-
Amounts payable17/49€77k€127k▲
Amounts payable after more than one year17€28k€31k▲
Financial debts170/4€28k€31k▲
Amounts payable within one year42/48€49k€96k▲
Current portion of amounts payable after more than one year42€19k€26k▲
Trade debts44€18k€35k▲
Suppliers440/4€18k€35k▲
Taxes, remuneration and social security45€12k€32k▲
Taxes450/3€12k€32k▲
Other amounts payable47/48-€2k
Income statement
Code20242025
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€58€818▲
Gross operating margin9900€52k€113k▲
Operating profit (loss)9901€39k€98k▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€36k€92k▲
Income taxes67/77€10k€31k▲
Profit (loss) for the period9904€26k€62k▲
Profit (loss) for the period to be appropriated9905€26k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€60k▲
Profit (loss) brought forward from the previous period14P€-28k€-2k▲
Transfer to equity691/2-€58k
To other reserves6921-€58k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (9 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
08-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €62k ▲136%
Operating result €98k, net result €62k, both a record.
30-06
Financial
Equity above €100kEq €128k ▲87.4%
7 profitable years in a row build equity to €128k.
2024
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-12
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
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, Sint-Niklaas · 1 establishment unit 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.
Kazernestraat 309100 Sint-NiklaasGround area
7,681 m²
Building footprint
634 m²
Volume, LiDAR
4,759 m³
Parcel 46021A0782/00N004, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARTIKEL 1
since 20072.159.382.227
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0782/00N004 | Flanders | 7,681 m² | 1 · 634 m² | 11.7 m · 3 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
IMPORTEX
BE 0445.433.502
Lontzen · Eq €129k
Staav
BE 0758.579.194
Brugge · Eq €134k
VERNOPHARMA
BE 0441.952.982
Harelbeke · Eq €122k
Maintenance & Chemical Cleaning International
BE 0634.710.095
Kapellen · Eq €139k
CATHODICA
BE 0628.652.743
Grimbergen · Eq €118k
Of 1,229 companies in sector 46851 we hold annual accounts for 516. 269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2007
Fiscal year end30-06
Activities, NACEBEL
46851Wholesale of industrial chemicals
74142
64200Holdings
64210Activities of holding companies
65231
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
74141
74151
80421
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.