Bifurcation
ActiveBifurcation has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €464k and a net result of €8k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 7733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▲+3
Solvency100=
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
short-term debt: 0.9% and cash: 56.7% of total assets, and 0.9% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
99.1%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 3 filingsDeviation from the deadline
2025
31 d late
2024
23 d late
2023
49 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€693k
EBIT margin
96.9%
Net result
€8k
2024 · €-2k
2023: €458k
2024: €-2k
2023 → 2025
Working capital
€464k▲ 1.8%
2024 · €455k
2023: €457k
2024: €455k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€693k-
Equity€457k-€455k▼ 0.4%€464k▲ 1.8%
Operating result€671k-€-988€-2k▼ 87.9%
Net result€458k-€-2k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €988 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €468k
Equity
€464k▲ 1.8%
Debt
€4k▲ 20.7%
The debt ratio rises from 0.8% to 0.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €-306
Cash flow
€8k▲
2024 · €-835
Solvency
99.1%▼
2024 · 99.2%
Debt / equity
0.01▲
2024 · 0.01
ROE
1.8%▲
2024 · -0.3%
ROA
1.8%▲
2024 · -0.3%
Interest coverage
-43.75▼
2024 · -5.12
Debt
€4k▲
2024 · €4k
Debt ≤ 1 year
€4k▲
2024 · €4k
Income taxes
€3k▲
2024 · €470
A ratio outside any meaningful range has been withheld (balance sheet total €468k, equity €464k).
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€459k€468k▲
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€459k€468k▲
Amounts receivable after more than one year29€0-
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€976€0▼
Other amounts receivable41€4k€3k▼
Current investments50/53€400k€200k▼
Cash at bank and in hand54/58€54k€265k▲
Equity and liabilities
Total equity and liabilities10/49€459k€468k▲
Equity10/15€455k€464k▲
Contributions10/11€3k€3k=
Reserves13€450k€457k▲
Distributable reserves133€450k€457k▲
Profit (loss) carried forward14€2k€4k▲
Amounts payable17/49€4k€4k▲
Amounts payable within one year42/48€4k€4k▲
Trade debts44€0-
Taxes, remuneration and social security45€0€700▲
Taxes450/3€0€700▲
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€683€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€976
Other operating charges640/8€116€266▲
Gross operating margin9900€-190€-616▼
Operating profit (loss)9901€-988€-2k▼
Financial income75/76B-€13k
Recurring financial income75-€13k
Financial charges65/66B€60€42▼
Recurring financial charges65€60€42▼
Profit (loss) for the period before taxes9903€-1k€11k▲
Income taxes67/77€470€3k▲
Profit (loss) for the period9904€-2k€8k▲
Profit (loss) for the period to be appropriated9905€-2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€11k▲
Profit (loss) brought forward from the previous period14P€4k€2k▼
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (1 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2024
31-12
Financial
Weakest financial yearnet €-2k ▼100%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 26current ratio 126.11
Current ratio from 4.85 to 126.11; short-term debt falls from €119k to €4k.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 · 1 establishment unit since 2022
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.
Paul Jansonlaan 581070 AnderlechtGround area
206 m²
Building footprint
104 m²
Volume, LiDAR
1,039 m³
Parcel 21308H0508/00N002, Brussels · tallest building 16.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bifurcation
since 20222.327.955.953
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0508/00N002 | Brussels | 206 m² | 1 · 104 m² | 16.8 m · 3 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.
Similar companies · same sector, comparable size
TEMPORA
BE 0465.174.782
Vorst · Eq €464k
MIDNIGHTCOFFEE
BE 0897.556.935
Antwerpen · Eq €461k
TMAB Business Events
BE 0467.127.353
Londerzeel · Eq €461k
Bouwinnovatie
BE 0423.082.326
Hasselt · Eq €468k
Institut de Formation Continue, Sciences et Médecine
BE 0860.682.978
Brussel · Eq €468k
Of 4,572 companies in sector 82300 we hold annual accounts for 1,670. 996 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2022
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.