AUDIT REPORTS
ActiveAUDIT REPORTS has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-150k) and a net result of €28k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 12642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+20
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.08 in 2024; short-term debt: 980.1% and cash: 9.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
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
-880.1%
Return on assets
167.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 12642 sector peers (2025).
NBB · sector comparisonPosition among 12642 sector peers
Solvency
better than 5%
← weakest
strongest →
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
21 d late
2023
37 d early
2022
83 d early
2021
4 d early
2020
54 d early
2019
23 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28k▲ 55.2%
2024 · €18k
2018: €770
2019: €23
2020: €411
2021: €3k
2022: €9k
2023: €30k
2024: €18k
2018 → 2025
Working capital
€-150k▲ 16.0%
2024 · €-178k
2018: €-239k
2019: €-240k
2020: €-239k
2021: €-236k
2022: €-227k
2023: €-197k
2024: €-178k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-235k-€-227k▲ 3.8%€-197k▲ 13.2%€-178k▲ 9.3%€-150k▲ 16.0%
Operating result€9k-€15k▲ 62.5%€37k▲ 152%€25k▼ 32.2%€36k▲ 41.2%
Net result€3k-€9k▲ 171%€30k▲ 233%€18k▼ 38.6%€28k▲ 55.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 41% above 2024.
Key figures and ratios
Solvency
-880.1%
Current ratio
0.10▲
2024 · 0.08
Quick ratio
0.10▲
2024 · 0.08
Debt / equity
-1.11▼
2024 · -1.09
ROA
167.1%▲
2024 · 120.4%
Debt
€167k▼
2024 · €194k
Debt ≤ 1 year
€167k▼
2024 · €194k
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€15k€17k▲
Current assets29/58€15k€17k▲
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€10k€15k▲
Cash at bank and in hand54/58€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€15k€17k▲
Equity10/15€-178k€-150k▲
Contributions10/11€124k€124k=
Reserves13€12k€12k=
Non-distributable reserves130/1€12k€12k=
Reserves not available under the articles1311€12k€12k=
Profit (loss) carried forward14€-315k€-286k▲
Amounts payable17/49€194k€167k▼
Amounts payable within one year42/48€194k€167k▼
Trade debts44€57k€31k▼
Suppliers440/4€57k€31k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€135k€131k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204-
Other operating charges640/8€30€45▲
Gross operating margin9900€26k€36k▲
Operating profit (loss)9901€25k€36k▲
Financial charges65/66B€7k€7k▲
Recurring financial charges65€7k€7k▲
Profit (loss) for the period before taxes9903€18k€28k▲
Profit (loss) for the period9904€18k€28k▲
Profit (loss) for the period to be appropriated9905€18k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-315k€-286k▲
Profit (loss) brought forward from the previous period14P€-333k€-315k▲
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
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €30k ▲233%
Operating result €37k, net result €30k, both a record.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €23 ▼97%
Net result drops to €23, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Elsene
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.
Generaal Jacqueslaan 1621050 ElseneGround area
319 m²
Building footprint
115 m²
Volume, LiDAR
1,752 m³
Parcel 21443C0235/00K002, Brussels · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0235/00K002 | Brussels | 319 m² | 1 · 115 m² | 20.4 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.
Similar companies · same sector and region
A2CURATE
BE 1018.043.902
Brussel
Advisers DEGREZ & Partners
BE 0424.562.367
Brussel
All-round Company
BE 0454.740.651
Brussel
ALSYS
BE 0472.588.849
Elsene
BERMAN
BE 0465.574.066
Brussel
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 2,265 companies in sector 69209 we hold annual accounts for 1,096.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-1980
Fiscal year end31-12
Activities, NACEBEL
69201Accountants
69209Other tax advisory services
74122
74124
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.