BELTRACK
ActiveBELTRACK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €930k and a net result of €144k. Equity is growing by ~33.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▼-5
Solvency73▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 1.78 in 2023; short-term debt: 50.7% and cash: 80% of total assets), but 52.2% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.8%
Return on assets
7.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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
58 d late
2023
349 d late
2022
347 d late
2021
130 d late
2020
90 d late
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€930k▲ 18.3%
2023 · €786k
2018: €183k
2019: €221k
2020: €407k
2021: €424k
2022: €582k
2023: €786k
2018 → 2024
Total assets
€1.95M▲ 6.7%
2023 · €1.83M
2018: €961k
2019: €808k
2020: €1.08M
2021: €1.36M
2022: €1.52M
2023: €1.83M
2018 → 2024
Net result
€144k▼ 29.5%
2023 · €204k
2018: €17k
2019: €38k
2020: €187k
2021: €17k
2022: €158k
2023: €204k
2018 → 2024
Working capital
€937k▲ 19.7%
2023 · €783k
2018: €138k
2019: €219k
2020: €400k
2021: €433k
2022: €599k
2023: €783k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€407k-€424k▲ 4.1%€582k▲ 37.3%€786k▲ 35.0%€930k▲ 18.3%
Operating result€267k-€36k▼ 86.4%€225k▲ 519%€293k▲ 30.0%€230k▼ 21.6%
Net result€187k-€17k▼ 91.0%€158k▲ 841%€204k▲ 29.1%€144k▼ 29.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.95M
Fixed assets
€22k▼ 39.2%
Current assets
€1.92M▲ 7.6%
Equity and liabilities €1.95M
Equity
€930k▲ 18.3%
Debt
€1.02M▼ 2.2%
The debt ratio falls from 56.9% to 52.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€244k▼
2023 · €298k
Cash flow
€158k▼
2023 · €209k
Solvency
47.8%▲
2023 · 43.1%
Current ratio
1.95▲
2023 · 1.78
Quick ratio
1.79▲
2023 · 1.62
Debt / equity
1.09▼
2023 · 1.32
ROE
15.5%▼
2023 · 25.9%
ROA
7.4%▼
2023 · 11.2%
Interest coverage
83.69▼
2023 · 2759.64
Debt
€1.02M▼
2023 · €1.04M
Debt ≤ 1 year
€987k▼
2023 · €1.01M
Debt > 1 year
€12k=
2023 · €12k
Income taxes
€83k▼
2023 · €89k
Staff costs
€48k▼
2023 · €61k
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€1.83M€1.95M▲
Fixed assets21/28€37k€22k▼
Tangible fixed assets22/27€37k€22k▼
Plant, machinery and equipment23€3k€831▼
Furniture and vehicles24€34k€22k▼
Current assets29/58€1.79M€1.92M▲
Stocks and contracts in progress3€157k€158k▲
Stocks30/36€157k€158k▲
Amounts receivable within one year40/41€181k€208k▲
Trade receivables40€181k€201k▲
Other amounts receivable41-€7k
Cash at bank and in hand54/58€1.44M€1.56M▲
Deferred charges and accrued income490/1€8k-
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.95M▲
Equity10/15€786k€930k▲
Contributions10/11€80k€80k=
Reserves13€667k€811k▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€659k€803k▲
Profit (loss) carried forward14€39k€39k=
Amounts payable17/49€1.04M€1.02M▼
Amounts payable after more than one year17€12k€12k=
Advances received on contracts in progress176€12k€12k=
Amounts payable within one year42/48€1.01M€987k▼
Trade debts44€704k€873k▲
Suppliers440/4€704k€873k▲
Advances received on contracts in progress46€6k€6k=
Taxes, remuneration and social security45€178k€50k▼
Taxes450/3€178k€50k▼
Other amounts payable47/48€117k€58k▼
Accrued charges and deferred income492/3€21k€17k▼
Income statement
Code20232024
Remuneration, social security and pensions62€61k€48k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€14k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€364k€296k▼
Operating profit (loss)9901€293k€230k▼
Financial income75/76B€13-
Recurring financial income75€13-
Financial charges65/66B€108€3k▲
Recurring financial charges65€108€3k▲
Profit (loss) for the period before taxes9903€293k€227k▼
Income taxes67/77€89k€83k▼
Profit (loss) for the period9904€204k€144k▼
Profit (loss) for the period to be appropriated9905€204k€144k▼
Appropriation of the result
Profit (loss) to be appropriated9906€243k€183k▼
Profit (loss) brought forward from the previous period14P€39k€39k=
Transfer to equity691/2€204k€144k▼
To other reserves6921€204k€144k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 58 days late
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 349 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 347 days late
2023
31-12
Financial
Highest result since 2018net €204k ▲29.1%
Operating result €293k, net result €204k, both a record.
2022
31-12
Financial
Equity above €500kEq €582k ▲37.3%
5 profitable years in a row build equity to €582k.
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 130 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 104 days late
2019
31-12
Financial
Equity above €200kEq €221k ▲20.8%
2 profitable years in a row build equity to €221k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 54 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, Anderlecht · 2 establishment units since 2010
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.
Prosper Henri Devosstraat 181070 AnderlechtGround area
3,196 m²
Building footprint
480 m²
Volume, LiDAR
2,953 m³
2 parcels, Brussels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
BELTRACK
since 20102.188.303.865
Hoek 76, 2850 Boom
since 20102.196.356.350
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11622C0556/00W002 | Flanders | 3,065 m² | 1 · 347 m² | 8.1 m · 2 fl. |
| 21302A0169/00F000 | Brussels | 131 m² | 1 · 133 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DONCKERS BORNEM
BE 0461.955.273
Bornem · Eq €928k
NC Services
BE 0876.241.679
Durbuy · Eq €950k
Banden Gaukema
BE 0893.717.913
Arendonk · Eq €909k
UNIVERSAL PNEUS
BE 0415.725.370
Anderlecht · Eq €862k
DE VELGENDOKTER
BE 0671.632.849
Aartselaar · Eq €859k
Of 1,000 companies in sector 95315 we hold annual accounts for 427. 220 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-05-2010
Fiscal year end31-12
Activities, NACEBEL
95315Tyre services
45310
46630Wholesale trade
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.