Bierset View
ActiveBierset View has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-512k) and a net result of €-953k. Equity is shrinking by ~110% per year across the filed fiscal years. Its solvency ranks better than 8% of 3168 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency33=
Growth32=
Stability94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.11 against 0.03 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€512k
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
37 d early
2023
6 d early
2022
18 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-953k▼ 173%
2024 · €-349k
2022: €-4k
2023: €-13k
2024: €-349k
2022 → 2025
Working capital
€-12.57M▼ 41.2%
2024 · €-8.90M
2022: €-648k
2023: €-4.81M
2024: €-8.90M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€58k-€45k▼ 22.4%€-304k€-512k▼ 68.4%
Operating result€-3k-€-13k▼ 357%€-331k▼ 2,534%€21k
Net result€-4k-€-13k▼ 228%€-349k▼ 2,606%€-953k▼ 173%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21k after a loss of €331k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.03M
Fixed assets
€28.40M▲ 41.3%
Current assets
€1.63M▲ 478%
Key figures and ratios
EBITDA
€1.11M▲
2024 · €-267k
Cash flow
€135k▲
2024 · €-284k
Solvency
-1.7%▼
2024 · -1.5%
Current ratio
0.11▲
2024 · 0.03
Quick ratio
0.11▲
2024 · 0.03
Debt / equity
-59.67▲
2024 · -68.07
ROE
186.2%▲
2024 · 114.7%
ROA
-3.2%▼
2024 · -1.7%
Interest coverage
1.10▲
2024 · -15.52
Debt
€30.54M▲
2024 · €20.69M
Debt ≤ 1 year
€14.20M▲
2024 · €9.19M
Debt > 1 year
€15.75M▲
2024 · €11.50M
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€20.39M€30.03M▲
Fixed assets21/28€20.10M€28.40M▲
Tangible fixed assets22/27€20.10M€28.40M▲
Land and buildings22€3.14M€27.94M▲
Furniture and vehicles24-€456k
Assets under construction and advance payments27€16.96M-
Financial fixed assets28€500€500=
Current assets29/58€282k€1.63M▲
Amounts receivable within one year40/41€198k€1.07M▲
Trade receivables40€29k€234k▲
Other amounts receivable41€168k€840k▲
Cash at bank and in hand54/58€85k€559k▲
Deferred charges and accrued income490/1-€51
Equity and liabilities
Total equity and liabilities10/49€20.39M€30.03M▲
Equity10/15€-304k€-512k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-365k€-1.32M▼
Investment grants15-€745k
Amounts payable17/49€20.69M€30.54M▲
Amounts payable after more than one year17€11.50M€15.75M▲
Financial debts170/4€11.50M€15.75M▲
Amounts payable within one year42/48€9.19M€14.20M▲
Current portion of amounts payable after more than one year42-€984k
Trade debts44€3.88M€111k▼
Suppliers440/4€3.88M€111k▼
Taxes, remuneration and social security45-€56k
Taxes450/3-€56k
Other amounts payable47/48€5.30M€13.05M▲
Accrued charges and deferred income492/3-€597k
Income statement
Code20242025
Non-recurring operating income76A€71-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€1.09M▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-265k€1.11M▲
Operating profit (loss)9901€-331k€21k▲
Financial income75/76B-€31k
Recurring financial income75-€31k
Financial charges65/66B€17k€1.00M▲
Recurring financial charges65€17k€1.00M▲
Profit (loss) for the period before taxes9903€-349k€-953k▼
Profit (loss) for the period9904€-349k€-953k▼
Profit (loss) for the period to be appropriated9905€-349k€-953k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-365k€-1.32M▼
Profit (loss) brought forward from the previous period14P€-17k€-365k▼
The notes to these accounts (16 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-953k
Net result drops to €-953k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Tongeren-Borgloon · 2 establishment units since 2021
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.
Heersterveldweg 113700 Tongeren-BorgloonGround area
5.0 ha
Building footprint
2.1 ha
Volume, LiDAR
158,097 m³
2 parcels, Flanders, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Bierset View
since 20212.322.610.956
Bierset View
since 20252.371.003.761
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73348B0457/00C000 | Flanders | 4.8 ha | 1 · 2.1 ha | 14.0 m · 4 fl. |
| 62453A0752/00H000 | Wallonia | 1,405 m² | - | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
699400Q0LG5DAUEW2E86
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 37,352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-09-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.