B22
ActiveB22 has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €514k and a net result of €57k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
90
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-8
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.97 against 5.37 in 2024), and 32.5% 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.
−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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.5%
Return on assets
7.4%
Age of the figures
8 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
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
29 d late
2023
1 d early
2022
3 d early
2021
30 d late
2020
20 d late
2019
29 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€514k▼ 19.3%
2024 · €638k
2018: €218k
2019: €284k
2020: €365k
2021: €426k
2022: €479k
2023: €557k
2024: €638k
2018 → 2025
Total assets
€762k▼ 1.7%
2024 · €775k
2018: €396k
2019: €508k
2020: €566k
2021: €618k
2022: €660k
2023: €718k
2024: €775k
2018 → 2025
Net result
€57k▼ 29.6%
2024 · €81k
2018: €28k
2019: €66k
2020: €81k
2021: €61k
2022: €53k
2023: €78k
2024: €81k
2018 → 2025
Working capital
€486k▼ 18.6%
2024 · €598k
2018: €204k
2019: €269k
2020: €343k
2021: €398k
2022: €455k
2023: €506k
2024: €598k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€426k-€479k▲ 12.4%€557k▲ 16.4%€638k▲ 14.5%€514k▼ 19.3%
Operating result€82k-€71k▼ 13.1%€100k▲ 40.5%€95k▼ 4.4%€70k▼ 26.8%
Net result€61k-€53k▼ 13.5%€78k▲ 48.5%€81k▲ 2.6%€57k▼ 29.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €762k
Fixed assets
€28k▼ 30.0%
Current assets
€734k▼ 0.1%
Equity and liabilities €762k
Equity
€514k▼ 19.3%
Debt
€247k▲ 80.7%
The debt ratio rises from 17.7% to 32.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€84k▼
2024 · €110k
Cash flow
€71k▼
2024 · €95k
Solvency
67.5%▼
2024 · 82.3%
Current ratio
2.97▼
2024 · 5.37
Quick ratio
2.94▼
2024 · 5.33
Debt / equity
0.48▲
2024 · 0.21
ROE
11.0%▼
2024 · 12.6%
ROA
7.4%▼
2024 · 10.4%
Interest coverage
174.07▲
2024 · 103.91
Debt
€247k▲
2024 · €137k
Debt ≤ 1 year
€247k▲
2024 · €137k
Income taxes
€23k▼
2024 · €32k
Staff costs
€114k▼
2024 · €123k
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€775k€762k▼
Fixed assets21/28€40k€28k▼
Tangible fixed assets22/27€38k€26k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€36k€24k▼
Financial fixed assets28€2k€2k=
Current assets29/58€735k€734k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€141k€135k▼
Trade receivables40€141k€124k▼
Other amounts receivable41€205€11k▲
Current investments50/53€517k€524k▲
Cash at bank and in hand54/58€70k€66k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€775k€762k▼
Equity10/15€638k€514k▼
Contributions10/11€50k€10k▼
Reserves13€588k€504k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€588k€504k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€137k€247k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€137k€247k▲
Current portion of amounts payable after more than one year42€3k€0▼
Trade debts44€41k€33k▼
Suppliers440/4€41k€33k▼
Taxes, remuneration and social security45€32k€23k▼
Taxes450/3€22k€19k▼
Remuneration and social security454/9€10k€4k▼
Other amounts payable47/48€62k€192k▲
Income statement
Code20242025
Remuneration, social security and pensions62€123k€114k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€0▲
Other operating charges640/8€5k€2k▼
Non-recurring operating charges66A€0€7k▲
Gross operating margin9900€236k€207k▼
Operating profit (loss)9901€95k€70k▼
Financial income75/76B€18k€10k▼
Recurring financial income75€18k€10k▼
Financial charges65/66B€1k€485▼
Recurring financial charges65€1k€485▼
Profit (loss) for the period before taxes9903€113k€79k▼
Income taxes67/77€32k€23k▼
Profit (loss) for the period9904€81k€57k▼
Profit (loss) for the period to be appropriated9905€81k€57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€81k€57k▼
Transfer from equity791/2-€140k
Transfer to equity691/2€81k€57k▼
To other reserves6921€81k€57k▼
Profit to be distributed694/7-€140k
Return on contributions (dividend)694-€140k
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (13 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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €557k ▲16.4%
6 profitable years in a row build equity to €557k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
31-12
Financial
Highest result since 2018net €81k ▲22.1%
Operating result €111k, net result €81k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
Roelant Dirk
CurrentNon-statutory director · since 27-02-2025
Vonck Eric
CurrentNon-statutory director · since 27-02-2025
27-02-2025
Roelant Dirk: Resigned as Manager
27-02-2025
Roelant Dirk: Appointed as Non-statutory director
27-02-2025
Vonck Eric: Resigned as Manager
27-02-2025
Vonck Eric: Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2007
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.
Overleiestraat 188530 HarelbekeGround area
933 m²
Building footprint
933 m²
Volume, LiDAR
9,520 m³
Parcel 34323D0092/00E004, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
B22
since 20072.166.374.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D0092/00E004 | Flanders | 933 m² | 1 · 933 m² | 16.9 m · 4 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, comparable size
VERMERSCH-RIGAUX
BE 0873.361.373
Neufchâteau · Eq €514k
JEAN ET PIERRE CONSTRUCTION
BE 0458.317.872
Herve · Eq €514k
VANCA PROJECTS
BE 0750.542.448
Moorslede · Eq €514k
BOUWWERKEN PIETER DE MEYER
BE 0827.787.706
Hooglede · Eq €515k
VANALLEMEERSCH
BE 0882.739.689
Hooglede · Eq €515k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 9,041 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2007
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
43331Floor and wall tiling
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.