BHS
ActiveThe computed 12-month bankruptcy probability of BHS is 1.6% (moderate). The 2024 annual accounts show negative equity (€-13k) and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 26053 sector peers (fiscal year 2024). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability97▲+97
Solvency0=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.55 in 2023; short-term debt: 117.8% and cash: 1% of total assets), and equity is negative.
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-44.7%
Return on assets
22.6%
Age of the figures
20 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 26053 sector peers (2024).
NBB · sector comparisonPosition among 26053 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-11-2025, 106 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
106 d late
2023
121 d late
2021
4 d late
2020
4 d early
2019
74 d late
2018
85 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-13k▲ 33.6%
2023 · €-19k
2018: €-87k
2019: €-6k
2020: €7k
2021: €10k
2023: €-19k
2018 → 2024
Total assets
€28k▼ 22.5%
2023 · €36k
2018: €28k
2019: €123k
2020: €83k
2021: €77k
2023: €36k
2018 → 2024
Net result
€6k
2023 · €-22k
2018: €-20k
2019: €80k
2020: €13k
2021: €3k
2023: €-22k
2018 → 2024
Working capital
€-14k▲ 36.5%
2023 · €-21k
2018: €-47
2019: €98k
2020: €55k
2021: €51k
2023: €-21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Equity€-6k-€7k€10k▲ 47.8%€-19k€-13k▲ 33.6%
Operating result€83k-€17k▼ 79.5%€4k▼ 73.5%€-21k€6k
Net result€80k-€13k▼ 83.8%€3k▼ 75.8%€-22k€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6k after a loss of €21k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28k
Fixed assets
€9k▼ 14.5%
Current assets
€19k▼ 25.6%
Key figures and ratios
EBITDA
€8k▲
2023 · €-19k
Cash flow
€8k▲
2023 · €-21k
Solvency
-44.7%▲
2023 · -52.2%
Current ratio
0.59▲
2023 · 0.55
Quick ratio
0.59▲
2023 · 0.55
Debt / equity
-3.24▼
2023 · -2.92
ROA
22.6%▲
2023 · -61.6%
Interest coverage
15.44▲
2023 · -27.88
Debt
€41k▼
2023 · €55k
Debt ≤ 1 year
€33k▼
2023 · €48k
Debt > 1 year
€8k=
2023 · €8k
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€36k€28k▼
Fixed assets21/28€10k€9k▼
Tangible fixed assets22/27€9k€8k▼
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28€1k€1k=
Current assets29/58€26k€19k▼
Amounts receivable within one year40/41€25k€18k▼
Trade receivables40€7k€11k▲
Other amounts receivable41€18k€8k▼
Cash at bank and in hand54/58€54€272▲
Deferred charges and accrued income490/1€1k€761▼
Equity and liabilities
Total equity and liabilities10/49€36k€28k▼
Equity10/15€-19k€-13k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-39k€-33k▲
Amounts payable17/49€55k€41k▼
Amounts payable after more than one year17€8k€8k=
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€48k€33k▼
Trade debts44€13k€27k▲
Suppliers440/4€13k€27k▲
Advances received on contracts in progress46€14k-
Taxes, remuneration and social security45€20k€1k▼
Taxes450/3€6k-
Remuneration and social security454/9€14k€1k▼
Other amounts payable47/48-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€46k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€269€360▲
Gross operating margin9900€27k€8k▼
Operating profit (loss)9901€-21k€6k▲
Financial income75/76B€968€726▼
Recurring financial income75€968€726▼
Financial charges65/66B€699€490▼
Recurring financial charges65€699€490▼
Profit (loss) for the period before taxes9903€-21k€6k▲
Income taxes67/77€2k-
Profit (loss) for the period9904€-22k€6k▲
Profit (loss) for the period to be appropriated9905€-22k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-33k▲
Profit (loss) brought forward from the previous period14P€-17k€-39k▼
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
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
31-12
Financial
Weakest financial yearnet €-22k ▼810%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
31-12
Financial
Back to profitnet €80k
Net result €80k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 5.85
Current ratio from 1.00 to 5.85; short-term debt falls from €20k to €20k.
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 119 days late
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 135 days late
2015
04-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Schaarbeek · 1 establishment unit since 1997
Ground area
459 m²
Building footprint
232 m²
Volume, LiDAR
3,319 m³
2 parcels, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Atlantische Oceaanlaan 126, 1150 Sint-Pieters-Woluwe
since 19972.083.656.505
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0136/00C006 | Brussels | 240 m² | 1 · 102 m² | 18.2 m · 5 fl. |
| 21684B0049/00W003 | Brussels | 219 m² | 1 · 130 m² | 16.3 m · 5 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.
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Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 3,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-1997
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.