BALANCK
ActiveBALANCK has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €814k and a net result of €13k. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-4
Solvency100▲+1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 5.18 against 2.73 in 2024), and 24.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 25
Relative position
BE, all sectors
reference
Sector 25
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
75.5%
Return on assets
1.2%
Age of the figures
9 mo
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
20 d early
2023
197 d late
2022
on the day
2021
32 d early
2020
31 d early
2019
on the day
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 35.2%
2024 · €19k
2019: €41k
2020: €35
2021: €558k
2022: €496k
2023: €160k
2024: €19k
2019 → 2025
Working capital
€638k▼ 5.4%
2024 · €674k
2019: €1.17M
2020: €1.26M
2021: €1.64M
2022: €1.52M
2023: €1.46M
2024: €674k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.63M-€1.67M▲ 2.8%€1.58M▼ 5.4%€802k▼ 49.3%€814k▲ 1.6%
Operating result€477k-€644k▲ 35.0%€219k▼ 66.0%€35k▼ 84.1%€20k▼ 41.3%
Net result€558k-€496k▼ 11.2%€160k▼ 67.6%€19k▼ 87.8%€13k▼ 35.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 41% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€269k▲ 0.8%
Current assets
€791k▼ 25.7%
Equity and liabilities €1.08M
Equity
€814k▲ 1.6%
Provisions
€22k▼ 38.7%
Debt
€242k▼ 51.0%
The debt ratio falls from 37.1% to 22.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€121k▼
2024 · €134k
Cash flow
€114k▼
2024 · €119k
Solvency
75.5%▲
2024 · 60.2%
Current ratio
5.18▲
2024 · 2.73
Quick ratio
2.60▲
2024 · 1.66
Debt / equity
0.30▼
2024 · 0.62
ROE
1.6%▼
2024 · 2.4%
ROA
1.2%▼
2024 · 1.5%
Interest coverage
18.77▼
2024 · 20.70
Debt
€242k▼
2024 · €495k
Debt ≤ 1 year
€153k▼
2024 · €390k
Debt > 1 year
€90k▼
2024 · €96k
Income taxes
€19k▼
2024 · €28k
Staff costs
€564k▼
2024 · €635k
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€1.33M€1.08M▼
Formation expenses20-€18k
Fixed assets21/28€267k€269k▲
Intangible fixed assets21€15k€9k▼
Tangible fixed assets22/27€252k€260k▲
Plant, machinery and equipment23€237k€225k▼
Furniture and vehicles24€10k€21k▲
Other tangible fixed assets26€5k€14k▲
Current assets29/58€1.06M€791k▼
Stocks and contracts in progress3€417k€395k▼
Stocks30/36€417k€395k▼
Amounts receivable within one year40/41€560k€234k▼
Trade receivables40€560k€222k▼
Other amounts receivable41-€11k
Cash at bank and in hand54/58€88k€161k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.08M▼
Equity10/15€802k€814k▲
Contributions10/11€62k€62k=
Capital10-€62k
Issued capital100-€62k
Reserves13€449k€461k▲
Non-distributable reserves130/1€34k€34k=
Legal reserve130-€34k
Reserves not available under the articles1311€34k-
Tax-exempt reserves132€107k€65k▼
Distributable reserves133€308k€363k▲
Profit (loss) carried forward14€291k€291k=
Provisions and deferred taxes16€35k€22k▼
Deferred taxes168€35k€22k▼
Amounts payable17/49€495k€242k▼
Amounts payable after more than one year17€96k€90k▼
Financial debts170/4€96k€90k▼
Amounts payable within one year42/48€390k€153k▼
Current portion of amounts payable after more than one year42€44k€57k▲
Trade debts44€214k€46k▼
Suppliers440/4€214k€46k▼
Taxes, remuneration and social security45€83k€49k▼
Taxes450/3€41k€11k▼
Remuneration and social security454/9€42k€39k▼
Other amounts payable47/48€50k€0▼
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€635k€564k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€101k▲
Other operating charges640/8€24k€24k▲
Gross operating margin9900€794k€709k▼
Operating profit (loss)9901€35k€20k▼
Financial income75/76B€5k€4k▼
Recurring financial income75€5k€4k▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€33k€18k▼
Transfer from deferred taxes780€14k€14k▲
Income taxes67/77€28k€19k▼
Profit (loss) for the period9904€19k€13k▼
Transfer from tax-exempt reserves789€40k€42k▲
Profit (loss) for the period to be appropriated9905€60k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.15M€345k▼
Profit (loss) brought forward from the previous period14P€1.09M€291k▼
Transfer from equity791/2-€0
Transfer to equity691/2€60k€54k▼
To other reserves6921€60k€54k▼
Profit to be distributed694/7€800k€0▼
Return on contributions (dividend)694€800k€0▼
Social balance
Average headcount (FTE)908716.614.8▼
The notes to these accounts (12 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 · full schema · 31 days late
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 197 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 9.23
Current ratio from 2.15 to 9.23; short-term debt falls from €1.33M to €177k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Highest result since 2019net €558k ▲1617651%
Net result €558k, the highest in the series.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €35 ▼99.9%
Net result drops to €35, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Veurne · 1 establishment unit since 1985
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.
Bedrijvenlaan 58630 VeurneGround area
6,541 m²
Building footprint
3,828 m²
Volume, LiDAR
24,474 m³
Parcel 38024A0173/00E000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bedrijvenlaan 5, 8630 Veurne
since 19852.026.318.617
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38024A0173/00E000 | Flanders | 6,541 m² | 1 · 3,828 m² | 7.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 2,493 EUR awarded · 2,493 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,400 EUR | 1,400 EUR |
| 2023 | 1 | 1,013 EUR | 1,013 EUR |
| 2022 | 1 | 80 EUR | 80 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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Of 3,447 companies in sector 25530 we hold annual accounts for 1,644. 1,182 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-01-1985
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.