B.ELEGANCE
ActiveB.ELEGANCE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €-14k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency98▼-1
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 2.32 against 2.54 in 2024), and 42.1% of the assets are financed with debt.
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 · 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 →
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
57.9%
Return on assets
-11%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
84 d late
2023
58 d late
2022
31 d late
2021
89 d late
2020
101 d late
2019
122 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€76k▼ 15.9%
2024 · €90k
2018: €114k
2019: €119k
2020: €118k
2021: €122k
2022: €131k
2023: €92k
2024: €90k
2018 → 2025
Total assets
€131k▼ 10.1%
2024 · €146k
2018: €223k
2019: €222k
2020: €206k
2021: €220k
2022: €209k
2023: €169k
2024: €146k
2018 → 2025
Net result
€-14k▼ 719%
2024 · €-2k
2018: €-3k
2019: €11k
2020: €-1k
2021: €10k
2022: €9k
2023: €-38k
2024: €-2k
2018 → 2025
Working capital
€73k▼ 14.6%
2024 · €86k
2018: €112k
2019: €119k
2020: €113k
2021: €115k
2022: €119k
2023: €82k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€122k-€131k▲ 7.5%€92k▼ 29.4%€90k▼ 1.9%€76k▼ 15.9%
Operating result€13k-€15k▲ 11.0%€-43k€-2k▲ 94.7%€-14k▼ 515%
Net result€10k-€9k▼ 11.6%€-38k€-2k▲ 95.4%€-14k▼ 719%
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 €14k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€3k▼ 39.0%
Current assets
€128k▼ 9.1%
Equity and liabilities €131k
Equity
€76k▼ 15.9%
Debt
€55k▼ 0.7%
The debt ratio rises from 38.1% to 42.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-12k▼
2024 · €3k
Cash flow
€-12k▼
2024 · €3k
Solvency
57.9%▼
2024 · 61.9%
Current ratio
2.32▼
2024 · 2.54
Quick ratio
0.38▼
2024 · 0.50
Debt / equity
0.73▲
2024 · 0.62
ROE
-18.9%▼
2024 · -1.9%
ROA
-11.0%▼
2024 · -1.2%
Interest coverage
-77.80▼
2024 · 10.75
Debt
€55k▼
2024 · €56k
Debt ≤ 1 year
€55k▼
2024 · €56k
Income taxes
€289▲
2024 · €-715
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€131k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€376€4▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€1k€1k▼
Current assets29/58€141k€128k▼
Stocks and contracts in progress3€114k€107k▼
Stocks30/36€114k€107k▼
Amounts receivable within one year40/41€26k€19k▼
Trade receivables40€23k€16k▼
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€226€200▼
Equity and liabilities
Total equity and liabilities10/49€146k€131k▼
Equity10/15€90k€76k▼
Contributions10/11€37k€37k=
Reserves13€16k€16k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€37k€23k▼
Amounts payable17/49€56k€55k▼
Amounts payable within one year42/48€56k€55k▼
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Other amounts payable47/48€47k€46k▼
Income statement
Code20242025
Non-recurring operating income76A€9k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€727€1k▲
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€5k€-11k▼
Operating profit (loss)9901€-2k€-14k▼
Financial income75/76B€45€84▲
Recurring financial income75€45€84▲
Financial charges65/66B€235€156▼
Recurring financial charges65€235€156▼
Profit (loss) for the period before taxes9903€-2k€-14k▼
Income taxes67/77€-715€289▲
Profit (loss) for the period9904€-2k€-14k▼
Profit (loss) for the period to be appropriated9905€-2k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€23k▼
Profit (loss) brought forward from the previous period14P€39k€37k▼
The notes to these accounts (8 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €-38k ▼524%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 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 milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
Frédéric VANHOOTEGHEM
CurrentDirector · since 05-02-2024
05-02-2024
Appointed as Director
Location & real-estate footprint
Registered office, Genappe · 1 establishment unit since 1983
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.
Rue de Ferrière 91470 GenappeGround area
3,243 m²
Building footprint
298 m²
Volume, LiDAR
4,142 m³
2 parcels, Brussels, Wallonia · tallest building 26.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Solbossquare 6, 1050 Elsene
since 19832.023.941.226
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25013A0074/00H000 | Wallonia | 2,915 m² | 1 · 121 m² | - |
| 21446D0007/00F005 | Brussels | 327 m² | 1 · 177 m² | 26.7 m · 8 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.
Similar companies · same sector, comparable size
Studio Collect
BE 0599.916.591
Antwerpen · Eq €76k
Jewel4All
BE 0881.370.605
Antwerpen · Eq €76k
Champs, cats & fire
BE 0729.776.134
Bonheiden · Eq €74k
BLANPAIN DISTRIBUTION
BE 0432.066.605
Sint-Gillis (bij-Brussel) · Eq €74k
MAXIME VINCENT
BE 0841.327.619
Halle · Eq €74k
Of 565 companies in sector 46480 we hold annual accounts for 352. 260 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-1983
Fiscal year end31-12
Activities, NACEBEL
46480Wholesale trade
51474
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.