B44C
ActiveB44C has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €94k and a net result of €71k. Equity is shrinking by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency83▲+12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.65 in 2023; short-term debt: 38.6% and cash: 21.7% of total assets), and 41.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €94k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
43 d late
2022
31 d late
2021
29 d late
2020
82 d late
2019
49 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€94k▲ 0.9%
2023 · €93k
2018: €307k
2019: €337k
2020: €337k
2021: €100k
2022: €84k
2023: €93k
2018 → 2024
Total assets
€162k▼ 19.4%
2023 · €201k
2018: €437k
2019: €437k
2020: €422k
2021: €128k
2022: €174k
2023: €201k
2018 → 2024
Net result
€71k▲ 3.7%
2023 · €68k
2018: €191k
2019: €191k
2020: €56k
2021: €61k
2022: €59k
2023: €68k
2018 → 2024
Working capital
€82k▲ 23.1%
2023 · €67k
2018: €294k
2019: €294k
2020: €329k
2021: €94k
2022: €80k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€337k-€100k▼ 70.4%€84k▼ 15.9%€93k▲ 11.0%€94k▲ 0.9%
Operating result€72k-€77k▲ 7.5%€78k▲ 1.1%€90k▲ 15.6%€93k▲ 3.2%
Net result€56k-€61k▲ 8.0%€59k▼ 2.3%€68k▲ 15.5%€71k▲ 3.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €162k
Fixed assets
€17k▼ 44.5%
Current assets
€145k▼ 14.9%
Equity and liabilities €162k
Equity
€94k▲ 0.9%
Debt
€68k▼ 37.0%
The debt ratio falls from 53.5% to 41.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2023 · €107k
Cash flow
€86k▲
2023 · €85k
Solvency
58.2%▲
2023 · 46.5%
Current ratio
2.32▲
2023 · 1.65
Quick ratio
1.25▲
2023 · 1.02
Debt / equity
0.72▼
2023 · 1.15
ROE
75.2%▲
2023 · 73.1%
ROA
43.7%▲
2023 · 34.0%
Interest coverage
21.25▼
2023 · 26.51
Debt
€68k▼
2023 · €107k
Debt ≤ 1 year
€63k▼
2023 · €103k
Income taxes
€18k▲
2023 · €18k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€201k€162k▼
Fixed assets21/28€31k€17k▼
Tangible fixed assets22/27€31k€17k▼
Land and buildings22€2k€1k▼
Furniture and vehicles24€28k€16k▼
Current assets29/58€170k€145k▼
Stocks and contracts in progress3€65k€67k▲
Stocks30/36€65k€67k▲
Amounts receivable within one year40/41€25k€24k▼
Trade receivables40€22k€24k▲
Other amounts receivable41€3k-
Current investments50/53-€15k
Cash at bank and in hand54/58€80k€35k▼
Deferred charges and accrued income490/1€951€4k▲
Equity and liabilities
Total equity and liabilities10/49€201k€162k▼
Equity10/15€93k€94k▲
Contributions10/11€19k€19k=
Reserves13€75k€76k▲
Distributable reserves133€75k€76k▲
Amounts payable17/49€107k€68k▼
Amounts payable within one year42/48€103k€63k▼
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€19k€21k▲
Taxes450/3€15k€18k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€80k€37k▼
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€108k€109k▲
Operating profit (loss)9901€90k€93k▲
Financial income75/76B€3€1k▲
Recurring financial income75€3€1k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€86k€89k▲
Income taxes67/77€18k€18k▲
Profit (loss) for the period9904€68k€71k▲
Profit (loss) for the period to be appropriated9905€68k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€71k▲
Transfer from equity791/2€59k€70k▲
Transfer to equity691/2€68k€71k▲
To other reserves6921€68k€71k▲
Profit to be distributed694/7€59k€70k▲
Return on contributions (dividend)694€59k€70k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 82 days late
2020
31-12
Financial
Weakest financial yearnet €56k ▼70.7%
Net result drops to €56k, the lowest in the series; recovery starts the following year.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
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
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Kortrijk · 1 establishment unit since 2016
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.
Groene Dreef(Rol) 428510 KortrijkGround area
1,643 m²
Building footprint
288 m²
Volume, LiDAR
1,287 m³
Parcel 34033C0217/00F000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
B44C
since 20162.259.500.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34033C0217/00F000 | Flanders | 1,643 m² | 1 · 288 m² | 6.3 m · 2 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,631 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2016
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.