Aud & Ben
ActiveAud & Ben has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
47
/ 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
Profitability5▲+5
Solvency77▼-20
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 3.23 in 2024; short-term debt: 47.8% and cash: 10.4% of total assets), and 47.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
52.2%
Return on assets
-17.5%
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
31 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
31 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€26k▼ 25.1%
2024 · €35k
2018: €7k
2019: €5k
2020: €-14k
2021: €2k
2022: €38k
2023: €61k
2024: €35k
2018 → 2025
Total assets
€50k▲ 3.8%
2024 · €48k
2018: €47k
2019: €33k
2020: €47k
2021: €52k
2022: €88k
2023: €95k
2024: €48k
2018 → 2025
Net result
€-9k▲ 67.5%
2024 · €-27k
2018: €4k
2019: €-1k
2020: €-19k
2021: €16k
2022: €36k
2023: €24k
2024: €-27k
2018 → 2025
Working capital
€20k▼ 33.8%
2024 · €30k
2018: €-3k
2019: €-3k
2020: €-17k
2021: €-4k
2022: €35k
2023: €58k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€38k▲ 1,596%€61k▲ 62.7%€35k▼ 43.5%€26k▼ 25.1%
Operating result€17k-€36k▲ 111%€24k▼ 32.7%€-23k€-4k▲ 80.6%
Net result€16k-€36k▲ 123%€24k▼ 33.4%€-27k€-9k▲ 67.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €23k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50k
Fixed assets
€6k▲ 26.3%
Current assets
€43k▲ 1.1%
Equity and liabilities €50k
Equity
€26k▼ 25.1%
Debt
€24k▲ 78.9%
The debt ratio rises from 27.7% to 47.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€595▲
2024 · €-16k
Cash flow
€-4k▲
2024 · €-20k
Solvency
52.2%▼
2024 · 72.3%
Current ratio
1.82▼
2024 · 3.23
Quick ratio
1.82▼
2024 · 3.23
Debt / equity
0.92▲
2024 · 0.38
ROE
-33.4%▲
2024 · -77.1%
ROA
-17.5%▲
2024 · -55.7%
Interest coverage
0.61▲
2024 · -53.92
Debt
€24k▲
2024 · €13k
Debt ≤ 1 year
€24k▲
2024 · €13k
Income taxes
€5k▲
2024 · €5k
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€48k€50k▲
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Furniture and vehicles24-€6k
Leasing and similar rights25€5k-
Current assets29/58€43k€43k▲
Amounts receivable within one year40/41€36k€38k▲
Other amounts receivable41€36k€38k▲
Cash at bank and in hand54/58€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€48k€50k▲
Equity10/15€35k€26k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€27k€18k▼
Amounts payable17/49€13k€24k▲
Amounts payable within one year42/48€13k€24k▲
Current portion of amounts payable after more than one year42€8k-
Trade debts44€6k€9k▲
Suppliers440/4€6k€9k▲
Advances received on contracts in progress46-€10k
Other amounts payable47/48-€5k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€3k€606▼
Gross operating margin9900€-13k€1k▲
Operating profit (loss)9901€-23k€-4k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€296€978▲
Recurring financial charges65€296€978▲
Profit (loss) for the period before taxes9903€-22k€-3k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€-27k€-9k▲
Profit (loss) for the period to be appropriated9905€-27k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€18k▼
Profit (loss) brought forward from the previous period14P€53k€27k▼
The notes to these accounts (7 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 · abbreviated schema · 31 days late
30-07
State Gazette act
Registered office · Capital & shares · Resignations & appointmentsGeneral meeting · Share transfer · Director appointment4 facts ▸
State Gazette act
Registered office · Capital & shares · Resignations & appointments
General meeting · Share transfer · Director appointment4 facts ▸
- General meeting, 01/07/2026
- Share transfer, Tusha Arben → Koja Pashko
- Director appointment, Koja Pashko (bestuurder)
- Registered-office move, DORPSSTRAAT 46 A-1851 GRIMBERGEN
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-27k ▼213%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €36k ▲123%
Operating result €36k, net result €36k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 2.17
Current ratio from 0.83 to 2.17.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Koja Pashko
CurrentDirector · since 01-07-2026
01-07-2026
Appointed as Director
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2013
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.
Dorpsstraat 461851 GrimbergenGround area
413 m²
Building footprint
344 m²
Volume, LiDAR
3,538 m³
2 parcels, Brussels, Flanders · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Generaal Jacqueslaan 48, 1050 Elsene
since 20132.217.426.928
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0351/00_000 | Brussels | 208 m² | 1 · 196 m² | 19.9 m · 5 fl. |
| 23036B0441/00P002 | Flanders | 205 m² | 1 · 148 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Transfer of 50 shares from Tusha Arben to Koja Pashko
Similar companies · same sector, comparable size
LCDC
BE 0688.556.775
Antwerpen · Eq €26k
C Solutions
BE 0661.954.526
Heusden-Zolder · Eq €26k
SIGNSYS
BE 0834.344.510
Genk · Eq €26k
Elektro Van Looy
BE 1021.938.748
Putte · Eq €26k
EZ NEW ENERGY
BE 0798.522.509
Gent · Eq €26k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,741 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2013
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.