B.2020
ActiveB.2020 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €-13k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 95% of 1287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
59
/ 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
Profitability14▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 93.65 against 17.86 in 2024; short-term debt: 0.2% and cash: 17.1% of total assets), and 0.5% 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.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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
2122232425
2021 to 2025 · latest year €-13k
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 03-11-2025, 89 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
89 d early
2024
11 d early
2023
55 d early
2022
on the day
2021
4 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 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€366k▼ 3.4%
2024 · €379k
2021: €396k
2022: €394k
2023: €392k
2024: €379k
2021 → 2025
Total assets
€368k▼ 4.0%
2024 · €383k
2021: €398k
2022: €396k
2023: €395k
2024: €383k
2021 → 2025
Net result
€-13k▼ 2.6%
2024 · €-13k
2021: €-4k
2022: €-2k
2023: €-2k
2024: €-13k
2021 → 2025
Working capital
€65k▼ 7.9%
2024 · €70k
2021: €69k
2022: €73k
2023: €77k
2024: €70k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€396k-€394k▼ 0.6%€392k▼ 0.6%€379k▼ 3.2%€366k▼ 3.4%
Operating result€-4k-€-2k▲ 36.8%€-2k▲ 16.5%€-12k▼ 515%€-13k▼ 2.3%
Net result€-4k-€-2k▲ 35.4%€-2k▲ 12.4%€-13k▼ 477%€-13k▼ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €12k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €368k
Fixed assets
€302k▼ 2.0%
Current assets
€66k▼ 12.1%
Equity and liabilities €368k
Equity
€366k▼ 3.4%
Debt
€2k▼ 57.3%
The debt ratio falls from 1.1% to 0.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-6k▼
2024 · €-6k
Cash flow
€-7k▼
2024 · €-6k
Solvency
99.5%▲
2024 · 98.9%
Current ratio
93.65▲
2024 · 17.86
Quick ratio
93.65▲
2024 · 17.86
Debt / equity
0.00▼
2024 · 0.01
ROE
-3.5%▼
2024 · -3.3%
ROA
-3.5%▼
2024 · -3.3%
Interest coverage
-29.52▲
2024 · -37.35
Debt
€2k▼
2024 · €4k
Debt ≤ 1 year
€701▼
2024 · €4k
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€383k€368k▼
Fixed assets21/28€309k€302k▼
Tangible fixed assets22/27€309k€302k▼
Land and buildings22€309k€302k▼
Current assets29/58€75k€66k▼
Amounts receivable within one year40/41€1k€2k▲
Trade receivables40-€121
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€73k€63k▼
Deferred charges and accrued income490/1€512€525▲
Equity and liabilities
Total equity and liabilities10/49€383k€368k▼
Equity10/15€379k€366k▼
Contributions10/11€400k€400k=
Profit (loss) carried forward14€-21k€-34k▼
Amounts payable17/49€4k€2k▼
Amounts payable within one year42/48€4k€701▼
Trade debts44€4k€701▼
Suppliers440/4€4k€701▼
Accrued charges and deferred income492/3€51€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-4k€-4k▲
Operating profit (loss)9901€-12k€-13k▼
Financial charges65/66B€163€216▲
Recurring financial charges65€163€216▲
Profit (loss) for the period before taxes9903€-13k€-13k▼
Profit (loss) for the period9904€-13k€-13k▼
Profit (loss) for the period to be appropriated9905€-13k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-34k▼
Profit (loss) brought forward from the previous period14P€-8k€-21k▼
The notes to these accounts (4 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
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
30-06
Financial
Liquidity times 5current ratio 93.65
Current ratio from 17.86 to 93.65; short-term debt falls from €4k to €701.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2020
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.
Toekomststraat 568310 BruggeGround area
1,243 m²
Building footprint
291 m²
Volume, LiDAR
1,407 m³
2 parcels, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B.2020
since 20202.302.721.008
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31433D0260/00X003 | Flanders | 774 m² | 1 · 174 m² | 3.4 m · 1 fl. |
| 31433D0154/00E005 | Flanders | 469 m² | 1 · 116 m² | 11.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 195 EUR awarded · 195 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 195 EUR | 195 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,999 companies in sector 55203 we hold annual accounts for 689. 459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2020
Fiscal year end30-06
Activities, NACEBEL
55203Holiday cottages, homes and apartments
77210Renting and leasing of sports and recreation goods
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.