BEETLE
ActiveBEETLE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €4.44M and a net result of €-72k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 73% of 6146 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
61 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€4.44M▼ 1.6%
2023 · €4.51M
2018: €3.63M
2019: €3.56M
2020: €3.50M
2021: €3.20M
2022: €4.09M
2023: €4.51M
2018 → 2024
Net result
€-72k
2023 · €423k
2018: €-87k
2019: €-68k
2020: €-58k
2021: €-297k
2022: €577k
2023: €423k
2018 → 2024
Total assets
€5.79M▼ 2.0%
2023 · €5.90M
2018: €4.99M
2019: €5.24M
2020: €5.39M
2021: €5.59M
2022: €7.15M
2023: €5.90M
2018 → 2024
Solvency
76.7%▲ 0.3pp
2023 · 76.4%
2018: 72.7%
2019: 67.9%
2020: 64.9%
2021: 57.4%
2022: 57.2%
2023: 76.4%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.50M-€3.20M▼ 8.5%€4.09M▲ 27.6%€4.51M▲ 10.3%€4.44M▼ 1.6%
Operating result€-92k-€-344k▼ 275%€-76k▲ 78.0%€28k€-143k
Net result€-58k-€-297k▼ 416%€577k€423k▼ 26.7%€-72k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €143k after €28k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.79M
Fixed assets
€417k▼ 2.9%
Current assets
€5.37M▼ 1.9%
Equity and liabilities €5.79M
Equity
€4.44M▼ 1.6%
Debt
€1.35M▼ 3.2%
The debt ratio falls from 23.6% to 23.3%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
76.7%▲
2023 · 76.4%
ROE
-1.6%▼
2023 · 9.4%
ROA
-1.2%▼
2023 · 7.2%
Debt
€1.35M▼
2023 · €1.39M
Debt ≤ 1 year
€1.35M▼
2023 · €1.39M
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€5.90M€5.79M▼
Fixed assets21/28€430k€417k▼
Tangible fixed assets22/27€20k€8k▼
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€17k€4k▼
Financial fixed assets28€410k€410k=
Current assets29/58€5.47M€5.37M▼
Amounts receivable within one year40/41€5.19M€5.24M▲
Trade receivables40€257k€452▼
Other amounts receivable41€4.93M€5.24M▲
Cash at bank and in hand54/58€230k€70k▼
Deferred charges and accrued income490/1€57k€58k▲
Equity and liabilities
Total equity and liabilities10/49€5.90M€5.79M▼
Equity10/15€4.51M€4.44M▼
Contributions10/11€3.97M€3.97M=
Capital10€3.97M€3.97M=
Issued capital100€3.97M€3.97M=
Profit (loss) carried forward14€539k€467k▼
Amounts payable17/49€1.39M€1.35M▼
Amounts payable within one year42/48€1.39M€1.35M▼
Trade debts44€12k€4k▼
Suppliers440/4€12k€4k▼
Other amounts payable47/48€1.38M€1.34M▼
Income statement
Code20232024
Non-recurring operating income76A-€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€3k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€37k€-138k▼
Operating profit (loss)9901€28k€-143k▼
Financial income75/76B€425k€78k▼
Recurring financial income75€425k€78k▼
Financial charges65/66B€31k€6k▼
Recurring financial charges65€29k€6k▼
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€423k€-72k▼
Profit (loss) for the period9904€423k€-72k▼
Profit (loss) for the period to be appropriated9905€423k€-72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€539k€467k▼
Profit (loss) brought forward from the previous period14P€116k€539k▲
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.93
Current ratio from 1.96 to 3.93; short-term debt falls from €2.94M to €1.39M.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €577k
Net result €577k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-297k
Net result drops to €-297k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 108 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 directors, last change in 2026
VERBAET Bernard
CurrentDirector · since 02-01-2026
Julie Verbaet
CurrentDirector · since 10-01-2025
Matthieu Verbaet
CurrentDirector · since 10-01-2025
Thomas Verbaet
CurrentDirector · since 10-01-2025
02-01-2026
VERBAET Bernard: Appointed as Director
10-01-2025
Julie Verbaet: Appointed as Director
10-01-2025
Matthieu Verbaet: Appointed as Director
10-01-2025
Thomas Verbaet: Appointed as Director
03-11-2017
ALBERTIMMO bvba: Resigned as Manager
24-12-2014
ALBERTIMMO bvba: Appointed as Manager
Not every act has been read: a resignation may be missing here
9 of this company's 9 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2004
Ground area
979 m²
Building footprint
699 m²
Volume, LiDAR
2,727 m³
Parcel 11303C0231/00Z005, Flanders · tallest building 12.0 m. Linked by address, not a title deed.
1 establishment unit
BEETLE BVBA
since 20042.136.880.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0231/00Z005 | Flanders | 979 m² | 1 · 699 m² | 11.9 m |
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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
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Of 24,641 companies in sector 64210 we hold annual accounts for 19,693. 8,495 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2004
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.