BELCROOM
ActiveBELCROOM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.79M and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 1026 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-45
Solvency63▼-6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 4.56 in 2024; short-term debt: 10.6% and cash: 25% of total assets), but 62% 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 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
38%
Return on assets
0.1%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 24-07-2026, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
7 d early
2024
7 d early
2023
7 d early
2022
6 d early
2021
18 d early
2020
31 d late
2019
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.79M▼ 29.5%
2024 · €2.54M
2019: €603k
2020: €-610k
2021: €1.55M
2022: €1.37M
2023: €1.16M
2024: €2.54M
2019 → 2025
Total assets
€4.70M▼ 18.5%
2024 · €5.76M
2019: €1.84M
2020: €709k
2021: €2.62M
2022: €3.26M
2023: €4.85M
2024: €5.76M
2019 → 2025
Net result
€3k▼ 99.8%
2024 · €1.38M
2019: €191k
2020: €-1.21M
2021: €2.16M
2022: €-178k
2023: €-213k
2024: €1.38M
2019 → 2025
Working capital
€1.26M▼ 39.5%
2024 · €2.08M
2019: €344k
2020: €-216k
2021: €2.18M
2022: €298k
2023: €961k
2024: €2.08M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.55M-€1.37M▼ 11.5%€1.16M▼ 15.6%€2.54M▲ 119%€1.79M▼ 29.5%
Operating result€2.58M-€-176k€-179k▼ 1.5%€1.66M€108k▼ 93.5%
Net result€2.16M-€-178k€-213k▼ 19.8%€1.38M€3k▼ 99.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 93% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.70M
Fixed assets
€2.94M▼ 5.2%
Current assets
€1.76M▼ 33.9%
Equity and liabilities €4.70M
Equity
€1.79M▼ 29.5%
Provisions
€325k▼ 8.9%
Debt
€2.59M▼ 9.9%
The debt ratio rises from 49.8% to 55.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€398k▼
2024 · €1.94M
Cash flow
€293k▼
2024 · €1.66M
Solvency
38.0%▼
2024 · 44.0%
Current ratio
3.51▼
2024 · 4.56
Quick ratio
2.99▲
2024 · 2.49
Debt / equity
1.45▲
2024 · 1.13
ROE
0.2%▼
2024 · 54.3%
ROA
0.1%▼
2024 · 23.9%
Interest coverage
4.20▼
2024 · 19.55
Debt
€2.59M▼
2024 · €2.87M
Debt ≤ 1 year
€500k▼
2024 · €583k
Debt > 1 year
€2.07M▼
2024 · €2.28M
Income taxes
€43k▼
2024 · €216k
Staff costs
€298k▼
2024 · €413k
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€5.76M€4.70M▼
Fixed assets21/28€3.11M€2.94M▼
Intangible fixed assets21€2k€635▼
Tangible fixed assets22/27€3.10M€2.94M▼
Land and buildings22€2.01M€1.92M▼
Plant, machinery and equipment23€330k€362k▲
Furniture and vehicles24€6k€2k▼
Leasing and similar rights25€760k€663k▼
Financial fixed assets28€250€250=
Current assets29/58€2.66M€1.76M▼
Stocks and contracts in progress3€1.21M€259k▼
Stocks30/36€1.21M€259k▼
Amounts receivable within one year40/41€170k€215k▲
Trade receivables40€72k€172k▲
Other amounts receivable41€99k€42k▼
Current investments50/53-€95k
Cash at bank and in hand54/58€1.27M€1.18M▼
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€5.76M€4.70M▼
Equity10/15€2.54M€1.79M▼
Contributions10/11€162k€162k=
Reserves13€2.37M€1.63M▼
Tax-exempt reserves132€1.43M€1.30M▼
Distributable reserves133€945k€325k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€357k€325k▼
Deferred taxes168€357k€325k▼
Amounts payable17/49€2.87M€2.59M▼
Amounts payable after more than one year17€2.28M€2.07M▼
Financial debts170/4€2.28M€2.07M▼
Amounts payable within one year42/48€583k€500k▼
Current portion of amounts payable after more than one year42€211k€214k▲
Trade debts44€310k€219k▼
Suppliers440/4€310k€219k▼
Advances received on contracts in progress46€3k€9k▲
Taxes, remuneration and social security45€58k€58k▼
Taxes450/3€23k€11k▼
Remuneration and social security454/9€36k€47k▲
Other amounts payable47/48€2€0▼
Accrued charges and deferred income492/3€7k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€413k€298k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€284k€290k▲
Other operating charges640/8€12k€11k▼
Gross operating margin9900€2.37M€706k▼
Operating profit (loss)9901€1.66M€108k▼
Financial income75/76B€200€274▲
Recurring financial income75€200€274▲
Financial charges65/66B€99k€95k▼
Recurring financial charges65€99k€95k▼
Profit (loss) for the period before taxes9903€1.56M€14k▼
Transfer from deferred taxes780€32k€32k=
Income taxes67/77€216k€43k▼
Profit (loss) for the period9904€1.38M€3k▼
Transfer from tax-exempt reserves789€127k€127k=
Profit (loss) for the period to be appropriated9905€1.50M€130k▼
Appropriation of the result
Profit (loss) to be appropriated9906€929k€130k▼
Profit (loss) brought forward from the previous period14P€-575k€0▲
Transfer from equity791/2-€750k
Transfer to equity691/2€929k€130k▼
To other reserves6921€929k€130k▼
Profit to be distributed694/7-€750k
Return on contributions (dividend)694-€750k
Social balance
Average headcount (FTE)90876.85.5▼
The notes to these accounts (21 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €1.38M
Net result €1.38M after 2 loss-making years.
31-12
Financial
Equity above €2MEq €2.54M ▲119%
Equity rises from €1.16M to €2.54M.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €2.16M
Net result €2.16M after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 7.40
Current ratio from 0.75 to 7.40; short-term debt falls from €868k to €340k.
31-12
Financial
Equity above €1MEq €1.55M
Equity rises from €-610k to €1.55M.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-1.21M ▼736%
Net result drops to €-1.21M, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Menen · 1 establishment unit since 2023
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.
Industrielaan 128930 MenenGround area
4,247 m²
Building footprint
3,151 m²
Volume, LiDAR
20,617 m³
Parcel 34027F0518/00M002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industrielaan 12, 8930 Menen
since 20232.354.531.280
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0518/00M002 | Flanders | 4,247 m² | 1 · 3,151 m² | 8.4 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 2025 · 7 entries · 59,511 EUR awarded · 53,538 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 5,716 EUR | 81 EUR |
| 2024 | 2 | 3,294 EUR | 27,956 EUR |
| 2023 | 1 | 0 EUR | 25,000 EUR |
| 2022 | 2 | 50,501 EUR | 501 EUR |
Schemes
Blue Deal Ecologiesteun Waterbesparing (stopgezet)
Ecologiepremie+
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500FC5EQV5ZS0WB15
Similar companies · same sector, comparable size
ALLCO - FINISHING
BE 0478.184.561
Arendonk · Eq €1.78M
ASTROMET
BE 0416.585.504
Waregem · Eq €1.80M
GASAP
BE 0435.526.634
Lokeren · Eq €1.76M
Duroc
BE 0403.998.664
Antwerpen · Eq €1.82M
IONICS
BE 0544.931.548
Herstal · Eq €1.75M
Of 710 companies in sector 25510 we hold annual accounts for 409. 240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-2018
Fiscal year end31-12
Activities, NACEBEL
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.