BILLENS
ActiveBILLENS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183k and a net result of €-5k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-7
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 12.55 against 7.51 in 2024; short-term debt: 7% and cash: 64.6% of total assets), and 8% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
25 d early
2023
43 d early
2022
41 d early
2021
5 d early
2020
1 d early
2019
7 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€183k▼ 8.5%
2024 · €200k
2018: €235k
2019: €236k
2020: €255k
2021: €161k
2022: €173k
2023: €193k
2024: €200k
2018 → 2025
Total assets
€199k▼ 13.4%
2024 · €230k
2018: €276k
2019: €339k
2020: €299k
2021: €331k
2022: €260k
2023: €244k
2024: €230k
2018 → 2025
Net result
€-5k
2024 · €7k
2018: €2k
2019: €11k
2020: €20k
2021: €3k
2022: €12k
2023: €19k
2024: €7k
2018 → 2025
Working capital
€161k▼ 3.1%
2024 · €166k
2018: €214k
2019: €183k
2020: €204k
2021: €135k
2022: €126k
2023: €151k
2024: €166k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€173k▲ 7.6%€193k▲ 11.2%€200k▲ 3.8%€183k▼ 8.5%
Operating result€7k-€20k▲ 200%€31k▲ 56.3%€13k▼ 58.3%€-5k
Net result€3k-€12k▲ 267%€19k▲ 58.3%€7k▼ 62.2%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199k
Fixed assets
€24k▼ 36.7%
Current assets
€175k▼ 8.7%
Equity and liabilities €199k
Equity
€183k▼ 8.5%
Debt
€16k▼ 46.4%
The debt ratio falls from 12.9% to 8.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▼
2024 · €34k
Cash flow
€16k▼
2024 · €29k
Solvency
92.0%▲
2024 · 87.1%
Current ratio
12.55▲
2024 · 7.51
Quick ratio
12.46▲
2024 · 7.46
Debt / equity
0.09▼
2024 · 0.15
ROE
-2.7%▼
2024 · 3.7%
ROA
-2.5%▼
2024 · 3.2%
Interest coverage
36.38▼
2024 · 61.92
Debt
€16k▼
2024 · €30k
Debt ≤ 1 year
€14k▼
2024 · €25k
Income taxes
€165▼
2024 · €5k
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€230k€199k▼
Fixed assets21/28€38k€24k▼
Tangible fixed assets22/27€35k€21k▼
Plant, machinery and equipment23€14k€14k▼
Furniture and vehicles24€20k€7k▼
Financial fixed assets28€4k€4k=
Current assets29/58€191k€175k▼
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€43k€42k▼
Trade receivables40€35k€38k▲
Other amounts receivable41€8k€4k▼
Cash at bank and in hand54/58€141k€128k▼
Deferred charges and accrued income490/1€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€230k€199k▼
Equity10/15€200k€183k▼
Contributions10/11€19k€19k=
Reserves13€181k€164k▼
Distributable reserves133€181k€164k▼
Amounts payable17/49€30k€16k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€25k€14k▼
Current portion of amounts payable after more than one year42€10k€2k▼
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Taxes, remuneration and social security45€5k€176▼
Taxes450/3€5k€176▼
Other amounts payable47/48-€946
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€36k€18k▼
Operating profit (loss)9901€13k€-5k▼
Financial income75/76B€315€205▼
Recurring financial income75€315€205▼
Financial charges65/66B€552€452▼
Recurring financial charges65€552€452▼
Profit (loss) for the period before taxes9903€13k€-5k▼
Income taxes67/77€5k€165▼
Profit (loss) for the period9904€7k€-5k▼
Profit (loss) for the period to be appropriated9905€7k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-5k▼
Transfer from equity791/2-€17k
Transfer to equity691/2€7k-
To other reserves6921€7k-
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
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
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼167%
Net result drops to €-5k, the lowest in the series.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €20k ▲79.7%
Net result €20k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 10.26
Current ratio from 3.42 to 10.26; short-term debt falls from €76k to €22k.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ternat · 1 establishment unit since 1988
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.
Massestraat 32A1741 TernatGround area
844 m²
Building footprint
231 m²
Volume, LiDAR
567 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Massestraat 31, 1741 Ternat
since 19882.039.477.755
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23091A0423/00B000 | Flanders | 593 m² | 1 · 146 m² | - |
| 23091A0551/00S000 | Flanders | 251 m² | 1 · 85 m² | 9.4 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.
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BE 0433.947.316
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ELTO GROUP
BE 0642.786.831
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E&M-RENOVATION
BE 0848.066.644
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PROXICHAUF
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Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 1,302 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-1988
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.