ASSUVAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.71M and a net result of €1.33M. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 1423 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
28 d early
2021
78 d late
2020
33 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.71M▲ 24.6%
2023 · €2.18M
2018: €909k
2019: €853k
2020: €1.13M
2021: €1.28M
2022: €1.64M
2023: €2.18M
2018 → 2024
Net result
€1.33M=
2023 · €1.33M
2018: €712k
2019: €745k
2020: €1.08M
2021: €1.15M
2022: €1.16M
2023: €1.33M
2018 → 2024
Total assets
€3.68M▲ 22.1%
2023 · €3.01M
2018: €1.86M
2019: €1.93M
2020: €2.25M
2021: €2.52M
2022: €2.85M
2023: €3.01M
2018 → 2024
Solvency
73.7%▲ 1.4pp
2023 · 72.2%
2018: 49.0%
2019: 44.1%
2020: 50.2%
2021: 50.9%
2022: 57.7%
2023: 72.2%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.22M-€2.33M▲ 4.9%€2.28M▼ 2.2%€2.60M▲ 14.1%
Equity€1.13M-€1.28M▲ 13.6%€1.64M▲ 28.1%€2.18M▲ 32.5%€2.71M▲ 24.6%
Operating result€1.43M-€1.54M▲ 7.7%€1.55M▲ 0.9%€1.71M▲ 10.1%€1.72M▲ 0.6%
Net result€1.08M-€1.15M▲ 7.3%€1.16M▲ 0.6%€1.33M▲ 15.0%€1.33M=
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 1% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.68M
Fixed assets
€16k▼ 28.6%
Current assets
€3.66M▲ 22.5%
Equity and liabilities €3.68M
Equity
€2.71M▲ 24.6%
Debt
€968k▲ 15.8%
The debt ratio falls from 27.8% to 26.3%. Equity and debt are higher.
Key figures and ratios
Solvency
73.7%▲
2023 · 72.2%
ROE
49.2%▼
2023 · 61.3%
ROA
36.3%▼
2023 · 44.3%
Debt
€968k▲
2023 · €836k
Debt ≤ 1 year
€968k▲
2023 · €836k
Income taxes
€459k▲
2023 · €457k
Staff costs
€182k▲
2023 · €176k
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€3.01M€3.68M▲
Fixed assets21/28€22k€16k▼
Tangible fixed assets22/27€22k€16k▼
Furniture and vehicles24€22k€16k▼
Current assets29/58€2.99M€3.66M▲
Amounts receivable within one year40/41€323k€417k▲
Trade receivables40€304k€324k▲
Other amounts receivable41€19k€93k▲
Cash at bank and in hand54/58€2.66M€3.25M▲
Deferred charges and accrued income490/1€8k-
Equity and liabilities
Total equity and liabilities10/49€3.01M€3.68M▲
Equity10/15€2.18M€2.71M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€344k€344k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€6k€6k=
Other1319€397€397=
Distributable reserves133€338k€338k=
Profit (loss) carried forward14€1.77M€2.31M▲
Amounts payable17/49€836k€968k▲
Amounts payable within one year42/48€836k€968k▲
Trade debts44€11k€153k▲
Suppliers440/4€11k€153k▲
Taxes, remuneration and social security45€25k€16k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€18k€11k▼
Other amounts payable47/48€800k€800k=
Income statement
Code20232024
Operating income70/76A€2.60M-
Turnover70€2.60M-
Other operating income74€1k-
Non-recurring operating income76A€95-
Operating charges60/66A€895k-
Services and other goods61€686k-
Remuneration, social security and pensions62€176k€182k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€25k-
Other operating charges640/8€2k€2k▲
Gross operating margin9900-€1.91M
Operating profit (loss)9901€1.71M€1.72M▲
Financial income75/76B€83k€75k▼
Recurring financial income75€83k€75k▼
Income from current assets751€83k-
Financial charges65/66B€272€311▲
Recurring financial charges65€272€311▲
Other financial charges652/9€272-
Profit (loss) for the period before taxes9903€1.79M€1.79M▲
Income taxes67/77€457k€459k▲
Taxes670/3€457k-
Profit (loss) for the period9904€1.33M€1.33M=
Profit (loss) for the period to be appropriated9905€1.33M€1.33M=
Appropriation of the result
Profit (loss) to be appropriated9906€2.57M€3.11M▲
Profit (loss) brought forward from the previous period14P€1.24M€1.77M▲
Profit to be distributed694/7€800k€800k=
Return on contributions (dividend)694€800k€800k=
Social balance
Average headcount (FTE)90871.71.7=
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director reappointment8 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director reappointment8 facts ▸
- General meeting, 25/06/2026
- Director resignation, Arne Wintraecken (bestuurder)
- Director reappointment, Ellen Cauberghs (bestuurder)
- Director appointment, Ellen Cauberghs (Voorzitter van de Raad van Bestuur)
- Director reappointment, Frederic Staelens (bestuurder)
- Director appointment, Nils Löfgren (bestuurder)
- Auditor appointment, RSM INTERAUDIT BV (commissaris)
- Permanent representative, Kurt De Witte
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.33M ▲0%
Operating result €1.72M, net result €1.33M, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.18M ▲32.5%
6 profitable years in a row build equity to €2.18M.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1MEq €1.13M ▲32.3%
3 profitable years in a row build equity to €1.13M.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26097732). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Ellen Cauberghs
CurrentVoorzitter van de raad van bestuur · since 25-06-2026
Frederic Staelens
CurrentDirector · since 25-06-2026
Nils Löfgren
CurrentDirector · since 25-06-2026
29-07-2026
Arne Wintraecken: Resigned as Director
25-06-2026
Ellen Cauberghs: Appointed as Voorzitter van de raad van bestuur
25-06-2026
Ellen Cauberghs: Mandate renewed as Director
25-06-2026
Frederic Staelens: Mandate renewed as Director
25-06-2026
Nils Löfgren: Appointed as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2002
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.
Skaldenstraat 19042 GentGround area
4,151 m²
Building footprint
460 m²
Volume, LiDAR
7,130 m³
Parcel 44813B0016/00B006, Flanders · tallest building 19.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Skaldenstraat 1, 9042 Gent
since 20022.236.340.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813B0016/00B006 | Flanders | 4,151 m² | 1 · 460 m² | 18.9 m · 6 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.
Statutory auditor
1 auditor| RSM Interaudit BVCurrent Statutory auditor · represented by Kurt De Witte | 29-07-2026 → present |
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Of 4,686 companies in sector 66220 we hold annual accounts for 3,231. 1,389 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-10-2002
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
67201
74851
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.