BELGIUM PROPERTY
ActiveSummary
BELGIUM PROPERTY has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.63M and a net result of €231k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency36▲+1
Growth38=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 24.21; short-term debt: 0.2% and cash: 1.4% of total assets), but 88.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
11.4%
Return on assets
1.6%
Age of the figures
14 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year €1.63M
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 18-12-2025, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
74 d early
2023
30 d early
2021
261 d late
2020
136 d late
2019
139 d late
2018
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close24-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€829k▲ 20.2%
2021 · €690k
2018: €1.55M
2019: €1.26M
2020: €1.16M
2021: €690k
2018 → 2023
EBIT margin
38.4%▲ 62.4pp
2021 · -24.0%
2018: 38.0%
2019: 38.6%
2020: 5.5%
2021: -24.0%
2018 → 2023
Net result
€231k▲ 120%
2024 · €105k
2018: €64k
2019: €82k
2020: €-370k
2021: €-600k
2023: €34k
2024: €105k
2018 → 2025
Working capital
€777k▲ 70.9%
2024 · €455k
2018: €1.21M
2019: €-18.98M
2020: €-18.97M
2021: €-18.95M
2023: €444k
2024: €455k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Turnover€1.16M-€690k▼ 40.3%€829k▲ 20.2%
Equity€1.86M-€1.26M▼ 32.3%€1.29M▲ 2.7%€1.40M▲ 8.1%€1.63M▲ 16.5%
Operating result€64k-€-166k€318k€106k▼ 66.7%€231k▲ 118%
Net result€-370k-€-600k▼ 62.1%€34k€105k▲ 205%€231k▲ 120%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 118% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.22M
Fixed assets
€13.41M =
Current assets
€810k ▲ 77.9%
Equity and liabilities €14.22M
Equity
€1.63M ▲ 16.5%
Debt
€12.59M ▲ 1.0%
Debt's share of the balance-sheet total falls from 89.9% to 88.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€515k▲
2024 · €382k
Cash flow
€515k▲
2024 · €382k
Current ratio
24.21
Debt to equity
7.73▼
2024 · 8.92
ROE
14.2%▲
2024 · 7.5%
ROA
1.6%▲
2024 · 0.8%
Interest coverage
1595.81▲
2024 · 503.16
Debt ≤ 1 year
€33k▲
2024 · €905
Debt > 1 year
€12.30M=
2024 · €12.30M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.86M€14.22M▲
Fixed assets21/28€13.41M€13.41M=
Tangible fixed assets22/27€13.40M€13.40M=
Land and buildings22€13.40M€13.40M=
Financial fixed assets28€8k€8k=
Current assets29/58€455k€810k▲
Amounts receivable within one year40/41€120k€405k▲
Trade receivables40€62k€351k▲
Other amounts receivable41€59k€54k▼
Cash at bank and in hand54/58€318k€204k▼
Deferred charges and accrued income490/1€17k€201k▲
Equity and liabilities
Total equity and liabilities10/49€13.86M€14.22M▲
Equity10/15€1.40M€1.63M▲
Contributions10/11€4.14M€4.14M=
Profit (loss) carried forward14€-2.74M€-2.51M▲
Amounts payable17/49€12.46M€12.59M▲
Amounts payable after more than one year17€12.30M€12.30M=
Other amounts payable178/9€12.30M€12.30M=
Amounts payable within one year42/48€905€33k▲
Trade debts44€905€24k▲
Suppliers440/4€905€24k▲
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Accrued charges and deferred income492/3€166k€263k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€277k€284k▲
Other operating charges640/8€137k€129k▼
Gross operating margin9900€519k€644k▲
Operating profit (loss)9901€106k€231k▲
Financial charges65/66B€760€323▼
Recurring financial charges65€760€323▼
Profit (loss) for the period before taxes9903€105k€231k▲
Profit (loss) for the period9904€105k€231k▲
Profit (loss) for the period to be appropriated9905€105k€231k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2.74M€-2.51M▲
Profit (loss) brought forward from the previous period14P€-2.84M€-2.74M▲
The notes to these accounts (7 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
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-07
Financial
Highest result since 2018net €231k ▲120%
Net result €231k, the highest in the series.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-07
Financial
Liquidity times 32current ratio 503.29
Current ratio from 15.52 to 503.29; short-term debt falls from €31k to €905.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-07
Financial
Liquidity times 128current ratio 15.52
Current ratio from 0.12 to 15.52; short-term debt falls from €21.57M to €31k.
18-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 261 days late
2021
31-12
Financial
Weakest financial yearnet €-600k
Net result drops to €-600k, the lowest in the series; recovery starts the following year.
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 136 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 139 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Show earlier events
2018
09-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
07-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
18 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, Antwerpen · 1 establishment unit since 2006
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.
Keizerstraat 92000 AntwerpenGround area
1,870 m²
Building footprint
591 m²
Volume, LiDAR
6,766 m³
Parcel 11802B0814/00B000, Flanders · tallest building 20.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Keizerstraat 9, 2000 Antwerpen
since 20062.160.025.197
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0814/00B000 ProtectedMonumentHerenhuizen Salvator en De Keyser: interieur, exterieur en paviljoen in tuinSource ↗ |
Flanders | 1,870 m² | 1 · 591 m² | 20.8 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
2549008HMVTZICPMZ097
Similar companies · same sector, comparable size
DUOPLUS
BE 0437.823.554
Beringen · Eq €1,627,686
RELIQUIAE
BE 0717.946.191
Ingelmunster · Eq €1,627,224
MAGILAN
BE 0420.041.375
Morlanwelz · Eq €1,627,009
SCHUTTERSHOF Budgethuur
BE 1005.605.829
Hasselt · Eq €1,630,154
GHEDEMO
BE 0442.486.581
Menen · Eq €1,630,747
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,500 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2006
Fiscal year end31-07
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.